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Litecoin Tests $57 Barrier After Bullish Daily Close, Eyes Move Toward $64–$68
Litecoin recently ended the daily session with a bullish candle as price presses into the $57 resistance area. The move, highlighted by analyst CryptoWzrd, mirrors Bitcoin's upside but still needs confirmation from LTCBTC and intraday structure. A sustained break and hold above $57 could pave the way toward $64 and later the $68 resistance, provided momentum and market conditions remain supportive.
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Former SafeMoon CEO Braden Karony Receives 8-Year Prison Term and $7.5M Forfeiture
Former SafeMoon CEO Braden John Karony was sentenced to 8 years in prison in Brooklyn federal court after a jury conviction in May 2025 for his role in a multi-million dollar crypto fraud involving SafeMoon’s liquidity pools. He was ordered to forfeit about $7.5 million, with additional restitution to victims still to be set, while prosecutors say more than $9 million in cryptocurrency was misappropriated to fund luxury cars and real estate.
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