Luxxfolio Holdings Inc. has expressed interest in contributing some of its mined Litecoin (LTC) to a reserve backing the upcoming cLTC token, as outlined in a letter of intent dated October 27. This proposal involves placing LTC in a Greywick reserve and receiving cLTC tokens at a one-to-one ratio, potentially enabling institutional trading, collateralized financing, and corporate yield applications on the Canton platform. However, no specific LTC amounts, custody details, or borrowing terms have been finalized, and any commercial agreement will require further negotiation. The initiative aligns with Greywick's plan to launch the cLTC mainnet by late 2026, contingent on technical developments and formal agreements.
Following Luxxfolio's interest in using Litecoin as a reserve for the cLTC token, Litecoin itself trades at Rp1.004.608 on Pluang as of Nov 02, 2026 07:11 WIB. The platform shows a slight 0.74% decline in Litecoin's price over the past day, with a market cap of Rp78,02 trillion and a 24-hour trading volume of Rp2,26 trillion. Most Pluang users are buyers, with 87% of order activity favoring purchases and a typical hold time of 79 days.
Technical analyst Dikshant Dibbey forecasts a bearish trend for Litecoin if it closes daily below $53.77, targeting a downside of $47.56. The base trading range is set between $53.77 and $59.24, with $59.24 representing the 50-day exponential moving ...
On October 27, 2026, Zcash (ZEC) was the only altcoin spot ETF to record net inflows, attracting fresh capital amid mixed flows in the altcoin ETF market. Solana (SOL) spot ETFs experienced $19.16 million in net outflows, continuing withdrawals for a...
