Litecoin news-Page 52
Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining
The CEO of China-based crypto mining pool F2Pool posted a company-branded infographic September 6 that indicates at what minimum price points the mining of various cryptocurrencies becomes unprofitable. Shixing Mao, co-founder and CEO and of the world’s sixth largest mining pool F2Pool, published a list of price levels for major cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC) below which mining said currency with various different miners allegedly becomes unprofitable. According to Mao’s graphic, if Bitcoin’s price hits lower than 36,792 yuan (about $5,376) point, this would mean that mining the cryptocurrency on an Antminer T9 …
Blockchain / Sept. 7, 2018
Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses
Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index. Despite a bullish start to September, Bitcoin’s price decline set in this Wednesday, September 5. Since then, the leading cryptocurrency has spiralled downwards from a high of $7,391 to over $1,000 less at its intraday low today at $6,354. The coin is now a stark 16 percent down …
Blockchain / Sept. 7, 2018
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure …
Bitcoin Price / Sept. 6, 2018
Winklevoss Twins’ Company Files New Patent for Securely Storing Digital Assets
Cameron and Tyler Winklevoss’ company has filed a new patent for “securely storing digital assets,” the U.S. Patent and Trademark Office (USPTO) revealed Tuesday, September 4. The Winklevoss IP, LLC patent, entitled “Systems and methods for storing digital math-based assets using a secure portal,” includes a new method that allows for the division of a digital asset account “into a plurality of private key segments,” providing more secure technology for cryptocurrencies. The patent states: “Private keys for a multi-signature account may be stored as backups, e.g., in secure storage, which may be difficult to access, and may be used in …
Adoption / Sept. 5, 2018
Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary
Financial clearing and execution company Apex Clearing confirmed it planned to open a dedicated cryptocurrency entity in a press release Wednesday, September 5. Apex, which has operated since 2012, will create Apex Crypto to give existing clients access to various cryptocurrencies, initially including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) among others. Investing platforms such as broker dealers using Apex will thus be able to provide cryptocurrency investment opportunities to their own users, the press release notes. The move, CEO Bill Capuzzi says, reflected the “continued surge” in demand for crypto-based investment options. Capuzzi added: “We are …
Altcoin / Sept. 5, 2018
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 5
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Cryptocurrency prices are plunging across the board. As of press time, all of the top 10 coins are in the red. Barring Stellar and Bitcoin, each one is down by more than 7 percent. When an asset class enters a protracted bear phase, such falls are to be expected because the sentiment is …
Bitcoin Price / Sept. 5, 2018
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 4
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Along with the traditional safe havens like gold, the U.S. dollar, and the Japanese Yen, cryptocurrencies have also made their presence felt in Turkey and Venezuela, which are reeling from economic crises. The increased volume of trading during moments of crisis in these nations shows that when the next major economic crisis hits …
Ethereum / Sept. 4, 2018
Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300
Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts seeing solid gains, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according to Cointelegraph’s Bitcoin Price Index. Having reclaimed the $7,000 price point August 31, Bitcoin has seen a solid upwards trend and is now pushing $7,400. The top coin is trading an impressive $550 higher than its low on its weekly chart, with its …
Blockchain / Sept. 4, 2018
Crypto Wallet Abra Announces Direct Transactions From EU Banks in SEPA
Global crypto wallet Abra has enabled the direct purchase and sale of cryptocurrencies for European bank accounts, according to a press-release published by PR Newswire Tuesday, September 4. Abra, which offers 28 cryptocurrencies for consumers worldwide, will now support Single Euro Payments Area (SEPA) bank accounts. As the company’s official Twitter states, the launch of in-app European bank purchases of digital currency has already started. Customers can now transfer euros or several other national currencies directly to their wallet which can, in turn, can be converted into the 28 cryptocurrencies offered by Abra including Ethereum (ETH), Litecoin (LTC), and Ripple …
Ethereum / Sept. 4, 2018
In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300
Monday, September 3: crypto markets are mixed today, with scattered corrections on a minor scale, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,255 at press time, down a fraction of a percent on the day to consolidate its freshly won gains, according to Cointelegraph’s Bitcoin Price Index. Having reclaimed the $7,000 mark August 31, the top coin has been solidly rising to a yet higher price point, now pushing $7,300. Bitcoin is trading $525 higher than its value at the start of its weekly chart, bringing its 7-day gains to a strong 8.32 …
Bitcoin / Sept. 3, 2018
In an Uneven Market, Most Cryptos Seal Further Growth, Some Alts See Corrections
Sunday, September 2: crypto markets are today seeing strong momentum — both positive and negative —with a majority of crypto assets firmly in the green, while some large-market-cap alts have posted corrections, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,244 at press time, up around 2.4 percent on the day, according to CoinMarketCap. Having bullishly broken through the $7,000 threshold earlier this week, the top coin began to dip August 29, trading as low as $6,827 by August 30. Since then, the asset has been on a jagged but strong ascent, and is …
Bitcoin Price / Sept. 2, 2018
Bitcoin vs. Altcoins: Which Is the Most Usable for Merchants?
Volatile or not, there's growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option doesn’t seem to have reached three-quarters yet. However, the number of merchants accepting Bitcoin (BTC) and other coins is nonetheless steadily increasing, with the number of Bitcoin-accepting stores reported to Coinmap — worldwide — had risen by 3,716 in a single year. There is, …
Adoption / Sept. 1, 2018