The developer of the Litecoin (LTC) cryptocurrency, Litecoin Foundation, is announcing a privacy and security-enhancing update. Litecoin Foundation says that the Mimblewimble Extension Block (MWEB) upgrade is now a Release Candidate after undergoing development, testing, reviewing and auditing for years. The MWEB upgrade will be bundled with the Taproot upgrade and released as part of Litecoin Core 0.21.2. Taproot is an update to enhance the privacy and efficiency of the network. Source link

Text size Bitcoin’s price is down by almost half from the record level it hit in November. Dreamstime The… Source link

Litecoin founder Charlie Lee isn’t concerned over MimbleWimble aiding money launderers or a potential regulatory backlash over its new privacy features. Litecoin isn’t as private as you think The MimbleWimble protocol brings scaling by compacting history to make data more manageable and quicker to process and verify. It also uses cryptographic processes to encrypt block inputs and outputs. This means blocks get verified in the usual… Source link

Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much as 1.13% as of writing. This decline saw prices hit an intraday low of $38,271.44, following a high of $39,115.13 during Tuesday’s market session, which raised hopes for those targeting $40,000.

Cardano, Matic, Solana, Avalanche, Litecoin – Here’s What New About These Cryptocurrencies by Analytics Insight February 2, 2022 This article features latest update on cryptocurrencies like Cardano, Bitgert, Solana, and more. The competition in the crypto industry is getting stiffer as more crypto projects offering the same products continue to emerge. The race to be the first in key areas has seen the fast development of crypto projects. There are so many new updates in the market,… Source link

Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI breaks a two-month tradition Data from Cointelegraph Markets Pro and TradingView shows that sustained BTC price action above $37,000 this week has allowed the relative strength index (RSI) to diverge from a multi-month downtrend. After going from $36,700 to $39,280 in February,… Source link

by Analytics Insight February 2, 2022 Let’s explore the updates on top cryptos like Cardano, Solana, Matic, Avalanche, etc It is the second day of February, and the market now looks stable. Most cryptocurrencies have not made significant gains in the past 24 hours, but the prices have slightly moved down. Bitcoin has been showing signs of plummeting and is slightly in red, though it appears a bit stable. There are also more updates about other developments around these top… Source link

The market has survived sell-offs before Though a 50% drop in value is an infrequent event in equity markets, bitcoin and other cryptocurrencies are experiencing their second drawdown of that magnitude in the past year as risk assets are getting pummelled during the first month of 2022. Long-term holders of the coin are no strangers to these drastic swings in price, as evidenced by a long-term view of… Source link

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