Why You Should Invest in Litecoin (LTC) Now (HadePlatform.com)
Litecoin (LTC) is fifth in market capitalization according to Coinmarketcap. The bearish nature of the market led to the loss of close to fifty percent of its value in the first quarter of 2018 since it opened at $230.67 on Jan 1, 2018, and was $116.61 when the market closed on March 31, 2018. Reasons why Litecoin (LTC) will provide investors positive returns in the second quarter of 2018 include: 1) Association with the Lightning Labs Network. 2) Use as an alternative for Bitcoin (BTC) in Abra for smart contracts.
Ether’s Start to 2018 Has Broken Records (In a Bad Way) (CoinDesk.com)
Ethereum’s ether (ETH) token fell 47.5 percent in the first three months of 2018 – its worst quarterly drop on record. While the notable slump came amid a general downturn afflicting the cryptocurrency markets, it was also exacerbated by problems more unique, perhaps, to ethereum. However, although the decline appears major at first glance, it looks like a drop in the bucket when compared to the astounding 9,382 percent rally ether saw in 2017.
A Report Suggests Indians More Hyped About Ethereum Than Bitcoin (BitsOnline.com)
In India when it comes to cryptocurrency popularity, ethereum, the world’s second largest cryptocurrency by market cap, has outranked bitcoin. According to a report from Jana – one of the largest free internet providers in emerging markets – ethereum has topped bitcoin as the most searched cryptocurrency in a period of five months. Jana Report Data Contradicts Google Trend Data: As per Jana’s Mobile Majority report, which takes into account domestic Indian search data from October 2017 to February 2018, ethereum constitutes about 34.4 percent of the searches, versus bitcoin’s 29.9 percent. Jana’s study was conducted across its own mCent browser app. The third most searched cryptocurrency was NEM, which accounted for 21.2 percent of the search volume, followed by Dash, NEO, litecoin, and XRP.
Ripple Partners With BPG For ‘eMetal’ Digital Stock Exchange For Metal (CryptoDaily.co.uk)
Ripple is currently the third largest cryptocurrency, with a market cap of a whopping $20 billion. Currently trading at $0.535, XRP is slowly gaining traction outside of the blockchain sector. Apart from being an investment vessel, Ripple is being utilised as a ledger service, due to the blockchain technology it runs on. Banks and large payment processing companies are using Ripple to facilitate cross-border payments. This month will see Ripple launch a new gateway for payments and goods processing. BPG group is set to unveil ‘eMetals’, as said in their latest tweet: “Use the #Ripple network to buy, spend and trade #Gold, #Silver, #Platinum, #Palladium and #Rhodium (XAU, XAG, XPT, XPD and XRH). For more information please visit eMetals platform”.
Russia Says ‘Nyet’ to Free Exchange of Cryptocurrencies (TheNextWeb.com)
The Federal Financial Monitoring Service of the Russian Federation (Rosfinmonitoring) has come out against the free exchange of cryptocurrencies on Russian soil, local news outlet Bits.media reports. Speaking at the congress of the Association of Russian Banks (ARB), Rosfinmonitoring deputy-head Pavel Livandy expressed his views that cryptocurrencies are high-risk, speculative assets that do not have real value. Here are his exact words: The practice of free exchange of cryptocurrencies is not used anywhere in the world, even in jurisdictions with less strict regulations. The exchange only takes place through special exchanges which have pre-verified the identity of the person performing the exchange. Proceeding from this statement, it should be noted that this issue is being actively discussed.
