Litecoin (LTC) is currently experiencing a bearish trend as it has broken below a crucial support level. On-chain data indicates that holders of LTC are losing interest and confidence in the token.
A whale wallet linked to Tron founder Justin Sun recently deposited $21 million in four different cryptocurrencies on Binance. This move was tracked by on-chain intelligence tracker Spotonchain.
Meanwhile, Ripple (XRP) is still locked in a legal battle with the US Securities and Exchange Commission that has been ongoing for nearly four years. The lawsuit between the SEC and Ripple continues, with holders eagerly awaiting the SEC’s response to the filing made by the payment firm on May 29th.