Breaking
April 10, 2025

Fidelity’s New Crypto IRA Could Be Huge for Litecoin – Here’s Why  Harvey Hunter | usagoldmines.com

Litecoin stands to benefit from increased retail demand with its inclusion in Fidelity’s new crypto IRA, giving the altcoin standing in the “best crypto to buy” conversation.

The market has taken to the Wednesday news, pushing the altcoin to a $88 peak, though gains have since cooled to just 1.84% today—a potential “sell-the-news” event.

Retail liquidity remains thin under heavy market FUD, but an expansion into different investment markets could levee the burden as “Liberation Day” tariffs roll in.

The March-long sell-off fueled by recent economic uncertainty—recession fears bolstered by Trump’s “tariff war” escalations—knocked Litecoin down 35%.

Why Fidelity’s Crypto IRA Could Be Huge

The IRA plan comes amid growing demand for tax-advantaged crypto investment options.

A Bitwise/VettaFi 2025 benchmark survey found that 56% of financial advisors were more likely to invest in crypto-based products post-election.

Fidelity already offers a suite of crypto exchange-traded funds (ETFs), allowing investors to track digital asset prices without direct exposure.

Its Bitcoin ETF and Ethereum ETF have been highly successful, amassing $16.66 billion and $975 million, respectively.

While a crypto IRA may not have the same institutional appeal, it offers a similar value proposition—giving investors access to crypto without the complexities of direct ownership.

Notably, Litecoin is also in the running for a potential ETF with crypto fund manager Canary Capital.

Litecoin Price Analysis: Can the IRA Stop the Decline

Increased market demand for Litecoin is unlikely to offset broader bearish market sentiment, especially as technical indicators point toward a potential decline to past lows.

LTC / USDT 1-week chart, channel breakdown. Source: Binance.
LTC / USDT 1-week chart, channel breakdown. Source: Binance.

Litecoin has invalidated a massive symmetrical triangle pattern forming since 2022, following a four-month-long false breakout.

The consolidation channel it had traded in since December has given way to a decline, slipping back below the triangle’s upper boundary.

The channel breakdown projects lows around $60, marking a 26% decline from current prices.

This scenario seems credible, with the MACD line maintaining its downtrend below the signal line—an indication of waning buying pressure.

The Relative Strength Index (RSI) follows suit, trending deeper into the bearish territory after losing its position above the neutral line, currently at 43.

However, once materialized, this bottom stands as a potential launchpad, aligning with a historic support zone that has marked Litcoin bottoms since 2018.

Litecoin Might Not See the Best of Fidelity’s IRA

Those who jumped to Litecoin as an alternative to Bitcoin (BTC) may be forced to reconsider as Bitcoin Bull (BTCBULL) offers a new way to capitalize on the leading cryptocurrency’s tailwinds.

While Bitcoin provides stable gains, it often sacrifices upside potential. But that dynamic could shift with Bitcoin Bull and its inclusion in Fidelity’s IRA.

True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model.

The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter.

Bitcoin Bull (BTCBULL) presale website.

With some analysts forecasting BTC highs of $1 million by 2030, BTCBULL could become a Bitcoin Maxi’s best friend.

With over $4.4 million raised in its initial eight weeks, the project is already gaining strong momentum—potentially credited to its 95% APY on staking that rewards early investors.

You can keep up with Bitcoin Bull on X and Telegram, or join the presale on the Bitcoin Bull website.

The post Fidelity’s New Crypto IRA Could Be Huge for Litecoin – Here’s Why  appeared first on Cryptonews.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto Shake-Up: Mutuum Finance (MUTM) Surges Amid Ethereum (ETH) Whale Sell-Off and Price Crash Cry...

Xi turns against Trump, Beijing blocking TikTok deals Florence Muchai | usagoldmines.com

OpenAI files counter-lawsuit against Elon Musk to stop him from taking over the firm Enacy Mapakame ...

Why Bitcoin Price Is Still Running Toward $200,000 Despite Tariff-Driven Uncertainty Brenda Ngari | ...

James Murphy Sues Department of Homeland Security to Release Satoshi Nakamoto’s Identity Troy Watson...

BitMEX Founder Arthur Hayes Predicts A Devalued Chinese Yuan (CNY) and Huge Bitcoin Price Pump Troy ...

a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter Hongji Feng | usagoldmines.com

UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto’s Growing Footprint Hassan Shittu | usagol...

Crypto News | Synthetix Stablecoin (sUSD) Depegs, Drops to $0.83 Wayne Jones | usagoldmines.com

Crypto News | US Senate Approves Paul Atkins as New SEC Chairman Wayne Jones | usagoldmines.com

Crypto News | China and Russia embrace Bitcoin for trade as US financial influence comes under scrut...

Crypto News | Jack Dorsey champions Bitcoin payments for Signal’s secure messaging Oluwapelumi Adeju...

Crypto News | Paul Atkins confirmed to Chair SEC as Gary Gensler’s long-term replacement Liam 'Akiba...

Crypto News | OpenAI countersues Elon Musk over alleged sabotage campaign Oluwapelumi Adejumo | usag...

Nasdaq filed to launch an Avalanche (AVAX) ETF on behalf of VanEck Hristina Vasileva | usagoldmines....

DOGE Price on the Brink: Analysts See Drop Below $0.10 in June as XYZVerse (XYZ) Poised to Capture 8...

Ripple’s XRP To Hit $12.5 Before End Of President Trump’s Second Term, Standard Chartered Says Brend...

Bitpanda Secures MiCA License in Austria, Expanding European Regulatory Footprint Tanzeel Akhtar | u...

Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend Sebastian Vi...

Altcoin Season To Begin: Analysts Predict Perfect Buying Zone as Bitcoin Dominance Peaks Mustafa Mul...

US inflation falls below 3% for the first time in 4 years Jai Hamid | usagoldmines.com

Shiba Inu Price Reaches Its Lowest Level In 13 Months; Meanwhile, Investors Buy 213M YETIO Tokens In...

Blockchain entrepreneur Karnika E. Yashwant (KEY) elected into Liberland’s Congress Jai Hamid | usag...

South Korea’s top banks seek greater flexibility in crypto exchange partnerships Cryptopolitan News ...

Cardano, Solana or Mutuum Finance? Why Investors Are Betting Big On This Emerging Lending Altcoin Na...

Crypto tax hike dropped from Germany’s new coalition agreement Lubomir Tassev | usagoldmines.com

Crypto derivatives remains resilient in March as spot trading took bigger hits Hristina Vasileva | u...

Czech Republic slashes 2025 growth forecast amid U.S. tariff risks Nellius Irene | usagoldmines.com

$100 to $10K? From XRP to Ethereum Market Crash—But This New Coin Could Deliver 18,500% in 2025 Cryp...

Investor Says 450% Gains Are on the Table as Cardano (ADA) and Another Token Under $0.05 Heat Up Cry...

Solana, Ethereum, and XRP Target 25x — But This New Coin Could Reach 71,000% by 2025 Cryptopolitan M...

Binance Subsidiary BPay Global Secures Payment License from Central Bank of Bahrain Hassan Shittu | ...

This Crypto Analyst Predicted The Bitcoin Price Crash At $97,000, He Just Released Another Forecast ...

Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day Harvey Hunter | usagoldmines.com

Korean Court Rejects Second Rehab Request for Bankrupt Crypto Lender Delio Hassan Shittu | usagoldmi...

Jack Dorsey Urges Signal to Adopt Bitcoin for P2P Payments, Ditch Altcoins Ruholamin Haqshanas | usa...

China finds rare mineral to rival US in semiconductor chips production Hannah Collymore | usagoldmin...

Binance subsidiary BPay Global secures first PSP license from Central Bank of Bahrain Nellius Irene ...

Australia says no to China, won’t go up against Trump and tariffs Florence Muchai | usagoldmines.com

Is The Bitcoin Bottom In After Trump’s Tariff Pause? Here’s What To Expect Jake Simmons | usagoldmin...

Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone? Sebastian Villafuer...

UK Crypto Market Heats Up: Best Altcoins to Surge After Kraken-Mastercard Partnership Krishi Chowdha...

South Korean banks urge policy shift to broaden crypto exchange ties Oluwapelumi Adejumo | usagoldmi...

Crypto News | ChainGPT and Cronos Announce Strategic NFT Partnership to Power Scalable AI Solutions...

Crypto News | Ethereum Price Analysis: Key Support Holds, but a Drop to $1K Remains a Risk CryptoVi...

Crypto News | Bitcoin Flooding Into Binance Ahead of CPI Announcement Chayanika Deka | usagoldmines...

Crypto News | Bitcoin (BTC) Still on Track for $200,000 But This Must Happen First (Analyst) Dimita...

Crypto News | 21Shares Files for SEC Approval to Launch Spot Dogecoin ETF Chayanika Deka | usagoldm...

Crypto News | Bitcoin Price Reacts as US CPI for March Comes Lower Than Expected Jordan Lyanchev | ...

US CPI Data Released: With Inflation Drops to 2.4% Mustafa Mulla | usagoldmines.com

Blocks Launches Dashboard for Corporate Bitcoin Adoption Victor | usagoldmines.com

Crypto News | Donald Trump’s tariff pause sparks huge short liquidations and insider trading probe O...

Crypto News | Over $450M exits spot Bitcoin ETFs as market reacts to trade war Andjela Radmilac | us...

US Tariff News Sparks Global Stock Rally and Crypto Bounce Vignesh S G | usagoldmines.com

U.S CPI Report Today Live Updates : FED Interest Rate Qadir AK | usagoldmines.com

Crypto Market in ‘Dead Cat Bounce’ Phase, Institutions Cashing Out Mustafa Mulla | usagoldmines.com

New York Bill Seeks Blockchain for Election Security Victor | usagoldmines.com

S&P Global Ratings: Bitcoin as a Neutral Alternative Currency Victor | usagoldmines.com

UAE Digital Bank Liv commences competition with UAE Crypto Exchanges Lara Abdul Malak | usagoldmines...

21Shares files for the first US Spot Dogecoin ETF Nellius Irene | usagoldmines.com

Hong Kong says it’s impossible to do trade under US tariffs Florence Muchai | usagoldmines.com

Cryptocurrencies to Watch This Week: Ethereum (ETH), Shiba Inu (SHIB), Mutuum Finance (MUTM) Cryptop...

Bitcoin (BTC) re-tests key support levels at $76,000, short-term holders feel price pressure Hristin...

China starts dumping US Treasuries as trade war keeps escalating Jai Hamid | usagoldmines.com

SEC approves options trading on spot Ethereum ETFs Hannah Collymore | usagoldmines.com

Shiba Inu (SHIB) Price: Memecoin Drops to 13-Month Low Below $0.00001 Threshold Maisie Morrison | us...

Bitcoin ETFs Bleed $326 Million as Trump’s Tariff War Shakes Investor Confidence Brenda Ngari | usag...

XRP and Ether Lead Crypto Midweek Gains as Whales Flood Markets Aliyu Pokima | usagoldmines.com

Will President Trump’s Tariff Reversal Sustain Bitcoin Bull Swing? Aliyu Pokima | usagoldmines.com

Bitwise Sticks to $200K Bitcoin Price Target Despite Rising Global Tensions Ruholamin Haqshanas | us...

Binance Reveals Reward-Bearing Token LDUSDT Sead Fadilpašić | usagoldmines.com

OpenSea Urges US SEC to ‘Remove NFT Regulatory Uncertainty and Protect USA Leadership’ Sead Fadilpaš...

South Korea’s Top Bankers Urge Lawmakers to Ease Crypto Exchange Partnership Rules Ruholamin Haqshan...

VanEck Confirms China and Russia Settling Energy Trades in Bitcoin Hassan Shittu | usagoldmines.com

Is Sui the Next Solana? $1.9 Billion Floods In After Trump’s Surprise Tariff Pause Simon Chandler | ...

With Cardano (ADA) Wobbling, This Altcoin Could be the Best Bet for a 9,650% ROI in 2025  Cryptopoli...

Ethereum struggles push inverse ETH ETFs to top performance spot in early 2025 Cryptopolitan News | ...

Chinese sellers on Amazon to hike prices or exit US as tariffs soar Florence Muchai | usagoldmines.c...

Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets Jake Simmons | usagoldmines.c...

Bitcoin Bulls Crushed: $500 Million Liquidation Shakes Market Confidence Christian Encila | usagoldm...

Ethereum vs Bitcoin: Why ETH Is Underperforming Amid Market Turmoil Vignesh S G | usagoldmines.com

Elizabeth Warren Accuses Trump of Market Manipulation Over Tariff Chaos Qadir AK | usagoldmines.com

Trump Tariff Ease But Bitcoin ETFs Outflow Crosse $1 Billion! ETH ETF Follows! Mustafa Mulla | usago...

Binance Report: Tariffs, Turmoil & Bitcoin’s Role – Part 1 Camille Lemmens | usagoldmines.com

KAST Launches First M^0 Stablecoin on Solana Victor | usagoldmines.com

Bitcoin Miners Scramble to Import Gear Before Tariffs Hit Victor | usagoldmines.com

Elizabeth Warren calls for Wall Street insider trading orchestrated by Donald Trump Florence Muchai ...

Shiba Inu Holders Could Face Another 35% Drop in April, Meme Traders Switch to IntelMarkets AI  Cryp...

Cardano’s Charles Hoskinson says Bitcoin will hit $250k and Mag 7 will adopt stablecoins in 2025 Jai...

$500 in DOGE or MAGACOIN FINANCE? One Could Hit $50K in 2025 Cryptopolitan Media | usagoldmines.com

OpenSea pushes back against SEC oversight on NFT marketplaces Brenda Kanana | usagoldmines.com

Crypto News | Dogecoin Whales Offload Billions of Tokens: Further Price Crash Incoming? Dimitar Dzh...

Crypto News | Bitcoin Recovers to $83K in Crypto Market Bounce as Trade Tensions Ease  Martin Young...

Crypto News | Why is the Pi Network Price Up Today? Dimitar Dzhondzhorov | usagoldmines.com

Crypto News | Huma Finance 2.0 Launches on Solana, Bringing Composable Real Yield to DeFi Users Cha...

Crypto News | VanEck Confirms China and Russia Are Settling Energy Transactions in Bitcoin Martin Y...

Crypto News | Important Ripple v. SEC Lawsuit Update Coming on April 16? Dimitar Dzhondzhorov | usa...

Crypto News | XRP Soars 10% to $2, BTC Gains Over $6K After Tariff Pause (Market Watch) Jordan Lyan...

Crypto News | Bitcoin drawdown widened to 27% near FTX levels amid US-China trade tensions Oluwapelu...

Trump’s Tariff Pause Sparks Market Surge; XRP, ETH Lead Crypto Rally Nidhi Kolhapur | usagoldmines.c...

Leave a Reply