There is no reason Litecoin can’t be part of an amateur investor’s portfolio. That said, there are a few things to keep in mind — namely, that Litecoin, like all other cryptocurrencies, has high potential for volatility. Don’t invest in cryptos if your financial situation would be crippled by a bad loss — or, at the very least, keep your crypto investing as one of your satellite investments rather than having it be part of your core portfolio. Finally, keep in mind that, unlike… Source link
Read More »Has Bitcoin Been Building Strong Support Above $50,000?
Bitcoin has been trading above $50,000 since March 8. Photographer: Chris Ratcliffe/Bloomberg © 2018 Bloomberg Finance LP Bitcoin has enjoyed some impressive gains lately, breaking through $40,000, $50,000 and $60,000 for the first time all this year. After surpassing the aforementioned price levels, the cryptocurrency has been enjoying a period of strength, trading north of $50,000 since March 8, CoinDesk figures show. Since the digital asset has been… Source link
Read More »Litecoin’s MW Privacy Feature Is Now Code Complete
Key Takeaways Litecoin’s Mimblewimble privacy feature is code complete. Only part of the code has been submitted for review, and a review of the code may take weeks or months. The feature is nevertheless close to going live on Litecoin’s mainnet sometime this year. Share this article Litecoin’s upcoming Mimblewimble Extension Blocks (MWEB) feature is now code complete, according to developer David Burkett. The Cryptocurrency Burkett submitted the code review to GitHub on Mar…. Source link
Read More »The ancient mathematical pattern predicting Bitcoin will hit $70,000 – Fortune
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Read More »What Is It, History and How to Buy
Litecoin Litecoin is a peer-to-peer cryptocurrency and open-source software project. A cryptocurrency is a digital “coin” that acts similarly to a traditional fiat currency. You can use cryptocurrencies to buy goods and services at retailers, though not nearly as many retailers accept cryptos as they do traditional money. The difference, though, is that while fiat currencies like the U.S. dollar, the euro and the pound sterling are backed by the full faith and credit of a country or… Source link
Read More »Busting Bitcoin myths: 7 misconceptions about the cryptocurrency – Fortune
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Read More »Better Buy: Grayscale Bitcoin Trust vs. Grayscale Ethereum Trust
You don’t have to buy Bitcoin (CRYPTO:BTC) or Ethereum (CRYPTO:ETH) tokens directly to gain some cryptocurrency exposure these days. Investors looking for a flexible stock exchange-listed play with little-to-no upfront costs may want to consider Grayscale Bitcoin Trust (OTC:GBTC) or the smaller Grayscale Ethereum Trust (OTC:ETHE) as a fresh portfolio addition. There are some pros and cons for going with one of Grayscale’s trusts, and we’ll kick those… Source link
Read More »Institutions Bet Big On Bitcoin
Finance and business concept. Investment graph and rows growth and of coins on table getty According to data from the CME Group CME , the world’s largest futures and options exchange, bitcoin futures open interest—expressed in contract terms—grew by at least 100% for eight months in a row continuing through in February 2021. Furthermore, the capital tied up in these contracts grew at an exponential 1,405% annual rate from $156 million at the… Source link
Read More »Climate concerns to crime: Bitcoin’s dark side draws scrutiny | Business and Economy News
Bitcoin’s latest rally to another all-time high north of $60,000 may have lost some steam this week, but its blistering ascent since last year has reignited concerns about the toll Bitcoin is taking on people and the planet. In the United States, President Joe Biden’s administration has voiced concerns over Bitcoin’s role in money laundering, the potential fallout of financial speculation, and Bitcoin’s environmental impact. In China, where more than half of new Bitcoins are mined,… Source link
Read More »CrytpoSignatures Launches The First Collection of NFT Signatures on The Ethereum Blockchain
LOS ANGELES, March 17, 2021 /PRNewswire/ — CryptoSignatures.org has released the first and only collection of 1 of 1 world-famous signatures on the Ethereum blockchain through the NFT marketplace opensea.io. The NFT collection includes digital representations of signatures from legendary athletes, musical geniuses, tech titans, and the world’s most famous and influential people. Only one CryptoSignature per person will ever be released and minted to the blockchain. For thousands of… Source link
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