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Litecoin demand among institutional investors on Grayscale Investments surged last week ahead of the protocol’s Mimblewimble upgrade and as fears of inflation have risen among US investors, as per reports. Litecoin sees 1,000% premiums Data from on-chain analytics firm Arcane Research showed Litecoin briefly traded at a 1,200% premium on Grayscale’s newly launched Litecoin trust. The occurrence also led some market observers to question if the broader cryptocurrency had indeed matured… Source link

POLAND – 2020/06/15: In this photo illustration an Ethereum logo seen displayed on a smartphone. … [+] (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Since last Friday, Ethereum has increased by over 20% further padding its 2020 gains. Ethereum has been one of the brightest stars in the current bull market for digital assets, gaining 261% in 2020 compared to 65% for bitcoin. … Source link

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link

Following the launch of Revolut’s new crypto exchange in the U.S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added coins provide Revolut users with the ability to buy, store, and sell four different digital assets. Six weeks ago, Revolut launched a new exchange in the United States and initially, the platform supported bitcoin (BTC) and ethereum (ETH). Today Revolut has added bitcoin cash (BCH) and litecoin ( Source link

Litecoin Litecoin slid by 3.13% on Monday. Partially reversing a 10.37% rally from Sunday, Litecoin ended the month up by 4.65% to $60.93. A mixed start to the day saw Litecoin strike an early morning intraday high $63.73 before hitting reverse. Falling short of the first major resistance level at $64.91, Litecoin slid to a late intraday low $60.59. In spite of the reversal, Litecoin steered clear of the first major support level at $58.91 on the day. At the time of writing, Litecoin was down by… Source link