|Day's Range||52.867 - 54.996|
|52 Week Range||22.82 - 146.43|
|Volume (24hr) All Currencies||2.83B|
Disclosure: Shift Cryptosecurity, the creators of BitBox, sent The Block the BitBox02 devices that are reviewed in this article. The Block is beginning a new series in which we will offer "first impression" reviews of products in the cryptocurrency industry; this article is the first in that series.The post The Block Review: BitBox02 appeared first on The Block.
Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing coin of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. However, a serious summer downtrend saw it tumble to around $56 by the end of September. Last week, Litecoin recovered to around $58, but over the past 24 hours LTC has lost more than 2% and is currently sitting at $53. Is Litecoin consolidating for the time being? As you can see from the chart above, Litecoin started to recover on September 29, a trend that only stopped last week, when LTC crashed around 12%. Due to the significant BTC dump which took place during lateThe post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.
Blockchain analytics firm CipherTrace has added support for over 700 digital assets, including bitcoin cash (BCH), ether (ETH), litecoin (LTC) and stablecoin tether (USDT), to its platform.The post CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether appeared first on The Block.
A cryptocurrency exchange-traded fund (ETF) has yet to garner regulatory approval, but Grayscale Investments has gotten a green light from FINRA for a publicly-quoted security that derives its value from a basket of digital currencies. The post Grayscale gets FINRA approval for Digital Large Cap Fund appeared first on The Block.
B2C2, a cryptocurrency liquidity provider and an over-the-counter (OTC) trading firm based in London, has launched a new gold derivative product, which is priced and settled in bitcoin (BTC).The post In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin appeared first on The Block.
Bitmain, one of the largest producers of integrated circuits and mining hardware for cryptocurrencies, announced on September 27 that it will be opening up a global platform to match owners of mining hardware with owners of mining farms.The post Bitmain introduces platform to connect cryptocurrency hardware and mining farm owners appeared first on The Block.
Investment app provider SoFi has gone live with cryptocurrency trading service for its over 800,000 users, according to a press release shared with The Block on Wednesday.The post SoFi goes live with crypto trading service for its over 800K users appeared first on The Block.
Crypto exchange Binance’s U.S. platform is launching with seven coins, instead of six as previously announced. Binance.US has now also added its native token BNB to its platform in the “first phase,” several users posted screenshots of the development on Twitter.The post Binance.US adding 7th coin to its platform - native token BNB appeared first on The Block.
Japanese messaging giant LINE has just received a license to operate the cryptocurrency exchange business in the country. Japan’s Financial Services Agency (FSA) granted the license to LINE’s blockchain unit LVC Corporation on Friday.The post Japanese messaging giant LINE wins crypto exchange license from regulator appeared first on The Block.
Bernard Arnault, chairman and CEO of luxury goods brand Louis Vuitton (LVMH), has denied media reports that he had set up a firm in Belgium to invest in cryptocurrencies.The post Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto appeared first on The Block.
Employees of the Litecoin Foundation have volunteered for a pay cut to help the organization sustain through the times of decreased donations, especially in Q1 of 2019.The post Litecoin Foundation employees ‘voluntarily decreased salaries’ in wake of reduced donations appeared first on The Block.
The Treasury Department’s Office of Foreign Assets Control (OFAC) took actions against three Chinese nationals, who it alleges manufactured and distributed "synthetic opioids or their precursor chemicals." According to OFAC, the individuals laundered part of their drug proceeds in bitcoin, transmitting these proceed in and out of banks in China and Hong Kong.The post U.S. Treasury blacklists cryptocurrency addresses associated with Chinese "drug kingpins" appeared first on The Block.
Fidelity Charitable, the financial services giant’s charity unit, is now accepting XRP, the world’s third-largest cryptocurrency, for donations. Until now, the unit accepted only four cryptocurrencies - bitcoin (BTC), bitcoin cash (BCH), ether (ETH) and litecoin (LTC), having launched the form of donation back in 2015, according to an announcement shared with The Block late […]The post Fidelity’s charity unit includes XRP to its list of accepted cryptos for donation; hits $100 million-mark appeared first on The Block.
Cryptocurrency exchange Poloniex is today removing 23 trading pairs of cryptocurrencies due to “low volume.” The pairs include litecoin (LTC)/ monero (XMR), DASH/XMR, Zcash (ZEC)/XMR and Civic (CVC)/ ether (ETH), among others, as announced on Twitter on Thursday.The post Poloniex exchange removing 23 crypto trading pairs, citing ‘low volume’ appeared first on The Block.
The U.S. entity of the world’s largest cryptocurrency exchange Binance, is expected to go live before November, but won’t serve New York residents initially.The post Binance US could go live before November, but won’t serve NY residents initially appeared first on The Block.
Cryptocurrency payment processing service provider Flexa is coming to Canada, the company announced in a blog post on Tuesday. This is Flexa's first offering outside the U.S.The post Flexa brings cryptocurrency payments to over 7,500 Canadian merchants appeared first on The Block.
Since August 10, BTC has been squeezed in a narrow range of around $11,400 and so far it experiences difficulties with determining the further direction. The current price dynamics are taking place against the background of the decline in trading volumes: according to CMC, over the last 7 days they have fallen by 42%. This may indicate a temporary loss of interest of investors, who prefer to stay aside waiting for new impulses.
Despite being tipped to have a strong second half of 2019 following its third 'halving', Litecoin has struggled to maintain any positive momentum and has subsequently fallen in price by more than 18% since the block mining reward was slashed from 25 to 12.5 earlier this month. It's worth noting that leading up to the halving, Litecoin experienced five months of solid price action to the upside, rising by more than 350% as retail traders latched onto the hope that Litecoin would continue to rally after the halving. However, the reality is that the halving seems very much like a 'buy the rumour, sell the news' type of event, with seasoned traders taking profits weeks before the event took place.The post Litecoin continues to plummet following highly anticipated halving appeared first on Coin Rivet.