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Litecoin Price Spikes Again Ahead of August Halving in 23% Spike News |

Even a tweet of a Litecoin-hating influencer could not stop it from registering its most profitable day in three weeks. The world’s fourth-largest largest cryptocurrency established an intraday top of $95 after ballooning by more than 23 percent in the previous 24 hours. The surge appeared after American football team Miami Dolphins made Litecoin (Ticker: LTC) its official cryptocurrency. The collaboration will allow fans to pay for the team’s 50/50 raffle via Litecoin, and as well via Bitcoin. Litecoin Named Official Cryptocurrency of the @MiamiDolphins 🏈💥https://t.co/1zggMjdEqi pic.twitter.com/QTkEJE2noa — Litecoin Foundation…

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Altcoin News Cryptocurrency News facebook japan Libra 

Japan Studies Libra as Global Criticism on Facebook’s Cryptocurrency Intensifies

When it comes to Facebook’s Libra digital currency not even one of the most crypto-friendly countries in the world is turning a blind eye to social media giant’s cryptocurrency plans and hoping all will work out well magically. Rather, Japan is taking proactive steps to understand Libra’s potential ramifications even before the cryptocurrency has gotten off the ground. According to Reuters, Japan has now set up a working group charged with the responsibility of figuring out the potential impact of Libra on financial regulation, tax payments, financial transactions and monetary…

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Altcoin News Cryptocurrency News Ethereum 

Ethereum Price Nosedives 15% in Crypto Market’s $28 Billion Wipeout

Overnight, within merely hours, the valuation of the crypto market dropped by $28 billion as major assets in the likes of Ethereum and Litecoin fell in the range of 11 to 15 percent. Analysts have largely attributed the correction to a technical move given the 200 percent year-to-date gain of bitcoin since January. Market largely oversold, can it recover? Global markets analyst Alex Krüger said on July 12 that while the medium to long term trend of bitcoin remains bullish, a drop in the price of bitcoin below $11,300, which…

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Altcoin News Binance BNB Changpeng Zhao Cryptocurrency News 

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth of the ecosystem. He said: “Today, on behalf of the Binance team, I am announcing that we will give up all of our BNB allocations and contribute towards our commitment to burning a total of…

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Altcoin News Altcoin Price Analysis Cryptocurrency News Komodo Op-ed 

This Crypto Shot Up 165% Since January in a Breakout That Just Won’t Quit

While bitcoin is struggling to take back $12,000 and resume its uptrend, other cryptocurrencies are flexing their muscles. One, in particular, is worthy of attention: Komodo. The privacy coin that enables fungible transactions has risen from lows of $0.61 in January 2019 to $1.55 as of press time. The crypto token has caught fire recently as bitcoin started to correct from highs of $13,868.44. Komodo rallied from $1.104845 on June 28th to as high as $1.94 on July 7th. That’s a stellar increase of 75 percent in less than two…

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Altcoin News bitcoin Cryptocurrency News EOS litecoin 

Crypto Market Plummets $58 Billion as Major Coins Fall 30% in Bloodletting

The global cryptocurrency market lost $58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $386 billion to $328 billion – a 14.9% loss overall. Just hours previously Bitcoin had been flirting with the $14,000 mark; now, BTC is struggling to keep a foothold on $11,500. Worst affected was the altcoin market, which saw one cryptocurrency lose in excess of 30% in a flash. Major cryptocurrencies didn’t avoid the carnage either, with Litecoin, EOS and Bitcoin SV…

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Altcoin News Altcoin Price Analysis Cryptocurrency News PwC vechain walmart 

How Walmart Triggered This Ballistic Cryptocurrency Rally

When publicly-traded companies like Walmart make a splash in crypto, they usually launch their projects on private blockchains. On those rare occasions when they hazard to venture outside these walled gardens, it’s generally on a large-cap cryptocurrency network with brand recognition: Ethereum, Ripple (XRP), and Stellar rank among the usual suspects. So when one of the world’s largest retailers announced that it would launch a food traceability platform on the public VeChain blockchain, it raised plenty of eyebrows – not to mention the lesser-known cryptocurrency’s token price. VeChain Cryptocurrency Surges…

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Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

Published: 19/06/2019 07:37 EST. Journalist: By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Litecoin Price Surging Higher…

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Bitcoin Basher Nouriel Roubini Labels Facebook’s Libra a ‘Monopoly Scam’

Published: 18/06/2019 11:05 EST. Journalist: By CCN Markets: Avowed Bitcoin critic Nouriel ‘Dr. Doom’ Roubini has found another target – Facebook’s upcoming cryptocurrency Libra, on the day of its announcement. According to the New York University economics professor, Libra is ‘blockchain in name only’. Roubini: Libra is just another profit driver for Facebook Further, Roubini argued that Facebook’s cryptocurrency was only designed to grow the social media giant’s profits. Per Roubini, Libra is a ‘monopoly scam’ given that Facebook boasts of billions of users spread across the world. And in…

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Altcoin News Altcoin Price Analysis Chainlink Cryptocurrency News and Breaking Crypto Updates 24/7 Ethereum google 

Dark Horse Cryptocurrency Spikes 60% After Surprise Google Shout-Out

By CCN Markets: A little-known cryptocurrency spiked more than 60% after Google gave the project a surprise shout-out in an equally-unexpected blog post on how to use Ethereum and Google Cloud to build hybrid blockchain applications. Google Sends Chainlike Cryptocurrency Into the Stratosphere That cryptocurrency, Chainlink (LINK), enjoyed a parabolic swing that launched its price as high as $2.00 on Binance. Just hours earlier, LINK had traded below $1.10. The Chainlink cryptocurrency spiked after Google showed how developers could use LINK to allow their Ethereum smart contracts to communicate with…

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