LTC and the Future of Prediction Markets: CME Group and FanDuel’s New App

CME Group and FanDuel are pioneering the integration of cryptocurrency into prediction markets with their upcoming app, FanDuel Predicts. Set to launch in December, this platform will enable users to trade event-based contracts tied to sports, commodities, and cryptocurrencies, even in states with restricted online sports gambling. This collaboration leverages FanDuel's massive user base and CME's derivatives expertise, potentially driving mainstream adoption of crypto-based financial instruments. For LTC enthusiasts, this development signals growing institutional interest in digital assets and their utility beyond traditional trading. The app could further legitimize cryptocurrencies as viable assets in prediction markets, opening new avenues for LTC's use cases and liquidity. As the 2025 crypto landscape evolves, such innovations highlight the sector's maturation and its convergence with traditional finance.

CME Group and FanDuel Launch Prediction Markets App with Crypto and Sports Contracts

CME Group and FanDuel are set to launch FanDuel Predicts, a U.S. prediction markets app, in December. The platform will allow users to trade event-based contracts, including those tied to sports, commodities, and cryptocurrencies, even in states where online sports gambling is restricted.

The partnership leverages FanDuel's extensive user base and CME's derivatives expertise to expand the reach of prediction markets. Terry Duffy, CME Group's CEO, highlighted the potential to attract new participants with contracts based on benchmarks, economic markers, and sports.

This MOVE underscores the growing intersection of finance, technology, and entertainment, as prediction markets gain traction in the U.S.

Litecoin Price Forecast: LTC Could Surge 40% Toward $112

Litecoin appears poised for a significant bullish cycle, with analysts predicting a potential 40% surge toward $112. The cryptocurrency has been tracking historical patterns, suggesting an imminent upward trajectory.

Analyst LaCryptoLycus notes Litecoin's price action mirrors previous cycles, each culminating in substantial rallies. The current phase, identified as the third cycle, maintains a consistent trendline that historically precedes major gains.

Key resistance levels at $101.50 and $112.25 may confirm breakout potential. At press time, LTC trades at $97.42 with a $7.34 billion market capitalization, despite a 3.73% daily decline.

Market observers emphasize Bitcoin's performance as a critical factor for Litecoin's movement. The correlation between the two assets remains a defining characteristic of crypto market dynamics.

2 Assets Outperforming Gold: Charlie Lee Backs Bitcoin and Litecoin

Bitcoin and Litecoin have demonstrated superior hard-money properties compared to gold, according to Litecoin creator Charlie Lee. Despite recent price declines, both cryptocurrencies maintain strong community support and finite supply mechanics that position them as resilient assets.

The broader crypto market faces volatility, with BTC dropping 6.83% to $96,352.89 and LTC falling 4.99% to $95.94. Lee's public endorsement emphasizes their long-term value proposition: "Bitcoin and Litecoin are better money than fiat, obviously. It's also better money than Gold. I believe it's the best FORM of money humans have ever come across."

Market pressures appear equally distributed across both networks, suggesting correlated investor behavior. The downturn hasn't shaken fundamental confidence in these established cryptocurrencies as alternative store-of-value assets.