Litecoin Hits One-Month Peak Above $200

Written by:
Guest
Published on:
Feb/14/2018

News that a group of developers are looking to fork the cryptocurrency Litecoin, sent its price above $200 to a one-month high.

CoinDesk.com reports:

Overall, LTC has appreciated by 33 percent in the last 24 hours, up over 100 percent from the Feb. 6 low of $106.94. Further, with the move, litecoin's market capitalization has jumped above $10 billion for the first time since Jan. 29.

Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.

The cryptocurrency is only accepted at a handful of online gambling websites.  BetOnline was the first to embrace Litecoin.

- Aaron Goldstein, Gambling911.com

Business/Financial News

NY Lawmakers to Review Regulations on Bitcoin

NY Lawmakers to Review Regulations on Bitcoin

New York state lawmakers say they want to know whether current regulations relating to cryptocurrencies like Bitcoin are up to the task of protecting consumers. 

Bitcoin Plunge to $1000 Not Out of the Question, Exchange Founder Arrested

Bitcoin Plunge to $1000 Not Out of the Question, Exchange Founder Arrested

The owner of BitFunder, a long-defunct, bitcoin-denominated stock exchange, has been arrested by the U.S. government.

Online Bookie New Tool Alert: What's The Bet Alert Tool?

Online Bookie New Tool Alert: What's The Bet Alert Tool?

One of the best ways for online bookie agents to increase action in their sportsbooks is to offer cross-sport parlays at higher payout odds than normal parlay payout odds.

4 Cross-Sport Parlays and How To Market Them In Your Sportsbook

4 Cross-Sport Parlays and How To Market Them In Your Sportsbook

Always have cross-sport parlays set up for weekend betting. It helps to increase betting action in your sportsbook, and they’re harder for players to win. Check out 4 potential parlays this weekend, and some tips for promotions.

Cryptocurrency Prices Drop: Big News for Ripple

Cryptocurrency Prices Drop: Big News for Ripple

Bitcoin witnessed a bit of a plunge over the past 24 hours, down 16.72 percent from the recent high of $11,958 just 48 hours ago.

Syndicate