There was a time when cryptocurrency was just one cryptocurrency called Bitcoin. Around that time, the former Magic: The Gathering Online exchange, which was quickly forgotten about, was converted into a bitcoin exchange called Mt. Gox. A few months later, after a change in management, Mt.Gox was processing more than 20,000 transactions a day while bitcoin was trading at $1 – just imagine being invested in crypto at the time, geez. Despite some hacking attacks, the exchange continued to grow in value at an impressive rate. At one point, according to Miles Deutscher, 70% of bitcoin transactions were made on that exchange. Nothing but impressive. For context, at the time, the only cryptocurrencies in existence besides Bitcoin were Litecoin and Namecoin, so a huge percentage of crypto transactions were taking place on Mt.Gox. However, in June 2011, the situation changed for the worse.
Read MoreTag: Litecoin LTC
Litecoin LTC
Crypto News: recent events from the world of cryptocurrencies
Interest in buying Bitcoin on Google is growing amid rising prices to $ 10,450.
Belgium’s FSMA calls on the government to develop cryptocurrency regulation.
Litecoin owners were offered to earn up to 10% per annum on deposits.
Poloniex exchange rolled back the history of operations due to a discovered bug.
Recent events from the world of cryptocurrencies – 01/29/2020
Recent events from the world of cryptocurrencies In today’s selection of cryptocurrency and mining news and events from Crazy-Mining.org on 01/29/2020: Head of Binance: Bitcoin needs people like Peter Schiff Charlie Lee proposed another way to finance Litecoin Foundation startup Startup Kik will provide information on its activities after the Kin token sale at the […]
Read MoreLatest cryptocurrency news on 01/26/2020
Tether launches token secured by material gold from a vault in Switzerland Tether stablecoin issuer this Thursday announced the launch of its new token, which this time will be backed by gold. According to the company, Tether Gold “grants the right to own one troy ounce of pure material gold in a certain gold bar.” […]
Read MoreIs it profitable to mine Litecoin after halving?
Today, Litecoin is trading at $ 73. Since the day of halving, the coin has fallen in price by about $ 30. Immediately after the event, the coin overcame the level of $ 100. As you can see, cutting the block reward did not lead to an increase in the asset price. However, from May to the procedure itself, LTC has been in a steady uptrend.
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