Tag Archives: LiteCoin

Litecoin (LTC) Surges Another 11% to Overtake Stellar (XLM) for 6th Place

Litecoin (LTC) Surges Another 11% to Overtake Stellar (XLM) for 6th Place

On Sunday (January 6th), Litecoin (LTC) surged over 11%, in the process overtaking Stellar Lumens (XLM) to become the sixth most valuable cryptocurrency (by market cap). At press time (18:00 UTC), according to CryptoCompare, Litecoin is trading at $39.73 for a $2.38 billion market cap, while Stellar Lumens is trading at 0.1208 for a $2.31 billion market cap. […]

SONY TO LAUNCH HARDWARE WALLET

SONY TO LAUNCH HARDWARE WALLET

The research arm of Japanese technology giant Sony, recently announced the creation of a new cryptocurrencyhardware wallet to compete with the likes of Trezor and Ledger Nano S — currently on the market. According to the company, the cryptocurrency wallet will use a contactless technology (instead of the usual USB connection seen in pre-existing hardware wallets), to […]

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

Coinbase users can begin trading cryptocurrencies directly with other cryptocurrencies, the exchange startup said Monday. The company is adding support for crypto-to-crypto trading for its retail customers, adding a feature that has long been available to professional cryptocurrency trading services, said product manager Anna Marie Clifton. Users on Coinbase.com, as well as the Android and iOS […]

IS AN AMAZON CRYPTO EXCHANGE HAPPENING IN 2019?

IS AN AMAZON CRYPTO EXCHANGE HAPPENING IN 2019?

Currently, cryptocurrencies have a combined market cap that skyrocketed from $17.7 billion in January to over $186 billion in November. This shows the difference in adoption between both years and sets the course for the realization of blockchain as a major solution to problems in various industries, including fintech, cybersecurity, healthcare, insurance, logistics, real estate, and even cloud storage. In response, major firms […]

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, DASH: Price Analysis, Nov. 16

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, DASH: Price Analysis, Nov. 16

Bitcoin saw its third worst drop of 2018 on Nov. 14, as it broke down to new year-to-date lows. In doing so, it broke through the critical support of $5,900, which had held throughout the year. Prior to the breakdown, Bitcoin had entered a period of low volatility not seen in years. We were expecting the resolution […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 14

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 14

After months of stability, cryptocurrencies are under a renewed bear attack, as total market capitalization has again dipped below $188 billion. The current sell-off comes after months of range bound trading on markets. This is a negative sign because it shows that, after a period of relative balance, sellers have gained the upper hand. None of the […]

Bank of America Could Store Crypto Deposits for Big Companies

Bank of America Could Store Crypto Deposits for Big Companies

Despite their harsh exterior, banks have been quietly preparing for a world that involves cryptocurrencies. Bank of America has most recently secured a patent for a cryptocurrency aggregation system, one in which big companies store customers’ crypto deposits in an enterprise account involving vaults and offline storage rather than taking on the risk themselves. For example, “deposit […]

Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance

Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance

Sunday, Nov. 4: crypto markets have seen a lot movement today, with most of the top 20 coins by market cap seeing significant growth, and with Bitcoin Cash (BCH) spiking almost 21 percent by press time. Market visualization from Coin360 Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the […]

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

Coinbase Raises $300 Million in New Funding, Aims to Support ‘Thousands’ of Cryptocurrencies in the Future

On Tuesday (30 October 2018), Asiff Hirji, President & COO of Coinbase announced via a blog post that the crypto exchange had raised $300 million in its latest funding round, valuing the company at over $8 billion. In his blog post, Hirji started by saying that Coinbase sees “tremendous promise in crypto to build the next great phase of the […]