An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports. Most recently, Shams Charania Read more…
The Litecoin network was a boom-and-bust story in the summer of 2019. Miners started to abandon the coin as soon as the block reward went through a halving on August 5. Litecoin Reward Halving Dispersed Miners The cutoff date for Litecoin mining arrived exactly on August 5, when the block reward fell from 25 LTC Read more…
Ethereum has seen a promising increase of 4.35% this week which allowed it to reach $183. This recent increase is largely attributed to the solid rebound that Ethereum has been experiencing against BTC. Over the past 4 days, ETH has surged by 10%, reaching the current price at 0.0176 BTC. If the cryptocurrency can continue Read more…
Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a […]
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Just recently Binance acquired a crypto-asset derivatives trading platform and announced that it intends to foray into the field of cryptocurrency futures, options, and other derivative products. Hence, one of the things that it had to settle was the auto-deleveraging section which governs counterparty liquidation. Looking at Binance’s official page, however, we can see that Read more…
Bitcoin.com has announced the launch of its long-rumoured cryptocurrency exchange today. To distinguish itself in an already crowded marketplace, it is offering promotional deals such as negative 0.3 percent trading fees. Bitcoin.com – A Trusted Brand? Bitcoin.com had been working on the cryptocurrency exchange project for the past year. Managing director of the exchange, Danish Read more…
In the cryptocurrency space, major assets like Bitcoin, Litecoin, and Bitcoin Cash are generally focused on transactions or payments. However, Ethereum, the 2nd largest virtual asset in the market, also has its own platform where users are able to create their own decentralization applications [dApps]. One category of dApps that have been gaining mass traction […]
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Litecoin is facing death by the cross. Litecoin’s 2019 has taken a sharp U-Turn. Hailed as one of the top gainers among large-cap cryptocurrencies in the market, the fifth largest coin is staring down at an imminent bearish run. The digital silver’s massive gains of 2019, which took it to a 320 percent price high […]
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Litecoin’s hash rate continued to plummet as it entered the third week after its halving on August 5th. According to the popular cryptocurrency stats website, BitInfoCharts, Litecoin’s hash rate on 28th August was 331.4 TH/s, a decline of 33.3% from a hash rate of 458.3 TH/s on the day of halving. In the words of […]
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Litecoin’s 2019 has been rather eventful. The altcoin performed spectacularly in the market’s bullish phase from April to June, which saw its valuation explode by more than 350 percent on the charts. At press time, it had recorded a growth of over 140 percent since the dawn of January. The silver coin also witnessed its […]
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