Tag Archives: LiteCoin

Major Russian Banks Highly Interested in ‘Working With Crypto,’ Local Sources Say

Major Russian Banks Highly Interested in ‘Working With Crypto,’ Local Sources Say

Several large Russian banks have expressed their strong interest in working with the industry of cryptocurrency and blockchain during a closed-door meeting held at the Moscow Exchange, sources told Russian news site RBC September 19. As an unnamed source familiar with the matter told RBC, the demand for cryptocurrencies in Russia is very high, but the banks are not […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 14

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 14

Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, called a bottom in cryptocurrencies on September 13, while conversely the Chief Commercial Officer of BitPay, Sonny Singh believes that Bitcoin will resurge in 2019 but that altcoins “will never come back.” He said the next trigger that can carry Bitcoin higher is the entry of […]

Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018

Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018

The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion that has vanished from the market since its all-time high near $829.96 billion. Almost all the leading coins, including Bitcoin, Ethereum, Litecoin, and Ripple, are in the process of forming […]

Covered: Llyod’s of London is Insuring a Crypto Custody Services Firm

Covered: Llyod’s of London is Insuring a Crypto Custody Services Firm

HODLers who use the services of Kingdom Trust are now bound to sleep a little more soundly. This is after the Murray, Kentucky-based cryptocurrency custody firm announced that it had obtained insurance coverage for the digital assets it holds via the marketplace of Lloyd’s of London. Currently, Kingdom Trust boasts of US$12 billion of assets in […]

The World’s First Perpetual BCH/USD, XRP/USD, LTC/USD, and XRP/XBT Futures Contracts

The World’s First Perpetual BCH/USD, XRP/USD, LTC/USD, and XRP/XBT Futures Contracts

On Friday (31 August 2018), London-based cryptocurrency derivatives firm ‘Crypto Facilities’ (a competitor to BitMEX and Deribit) announced that it had launched perpetual futures contract on XBT/USD, and the world’s first perpetual ETH/USD, BCH/USD, XRP/USD, LTC/USD, and XRP/XBT futures contracts. This is how the news was announced on Twitter: View image on Twitter Crypto [email protected] We have just launched […]

More than Half of Top 100 Cryptos Have No Utility: Report

More than Half of Top 100 Cryptos Have No Utility: Report

Less than 50% of cryptocurrencies provide any real value or any useful function to the users, a research report by Invest in Blockchain claims. Among the top 100 most valuable cryptocurrencies (by market capitalization) covered in the study, only 36 were found to have working products. The Working Product Dilemma Since there is no clear definition of a “working product” […]

Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos

Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos

Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital Asset Index Fund in partnership with Bitwise, Forbes reports August 28. The new fund will give accredited investors, endowments, pensions and other approved institutional investors the possibility to gain indirect exposure to […]