Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,
Almost two and a half years ago, the MimbleWimble update idea was initially put forward. MWEB not only enhances LTC privacy but also improves the overall efficiency. As a result of Litecoin’s latest privacy-focused MimbleWimble update on the LTC blockchain, two of the top crypto exchanges in Korea issued investment
LTC brings out new privacy protocol updates. Exchanges worried over the new update. LTC may face the same fate as that of LUNA. Usually, a token gets an update to upgrade itself, specializing it more for the users. More the users and circulation, more will be the value of that
The RSI indicates that investors aren’t too excited about the financial markets. The MimbleWimble update would improve the user experience. Litecoin announced on May 3 that its significant upgrade, MimbleWimble (MWEB), has been locked in for activation after years of work and an initial announcement in February of this year.
Bitcoin and Ethereum have fallen by roughly 5 percent. Solana’s value has risen by more than a third from March’s low of $81. As of this writing, Solana (SOL) has overtaken Litecoin as the sixth-largest cryptocurrency by market capitalization after a remarkable rise over this past week. On Thursday, a
LTC is already accepted by more than 2,000 retailers and shops worldwide. The coin’s primary advantages are its agility and low cost. Litecoin (LTC/USD) network transactions now account for 40% of all Bitcoin (BTC/USD) network transactions, according to a tweet from the official Litecoin account. Furthermore, their data shows that
LTC is poised to reverse its recent decline after breaking over a key demand barrier. A surge in buying pressure might spark a recovery, but LTC must first clear a key hurdle. LHV Pank, an Estonian banking and financial services organization, has just joined the Litecoin adoption list in 2021.
Crypto analysts expect that Litecoin will hit a new ATH. The surge in LTC prices is accompanied by increased trading volume. Rektcapital, mentions, for LTC a daily closing above $225 is required. A cryptocurrency that developed to provide fast, secure, and low payments by leveraging the unique properties of blockchain
The asset saw complete parabolic growth and reached $412 per share. The LTC price may surpass the objective of $700-750. Many crypto assets had a wild journey in 2021 as most altcoins rose and fell by wide percentages. However, Litecoin, Bitcoin’s sibling, kept a steady pace without extremes. It is
VeChain has been moving at a breakneck pace. Loopring has seen a remarkable move like the 2018 bull pattern. While Bitcoin’s market worth has been trying to reach $1.5 trillion, the overall altcoin market cap sits at $1.65 trillion. Most cryptocurrencies have made fresh highs in their latest bull cycle.
