Litecoin Was The Top Performing Cryptocurrency In February (CryptoDaily.co.uk)
2018 has not been a good year for cryptocurrencies. 2017 ended on a high, when prices saw a steep increase, but as quickly as they rose, they came shooting back down again, showing just how volatile the cryptocurrency market could be. Although the majority of them have started to pick up in value again, there is one that has really shone through and that is Litecoin. It is one of the few cryptocurrencies that will be leaving February in the green. Litecoin is a leading altcoin, which is the fifth largest virtual currency by market capital in the world. During the past month, it has increased in value by more than 21% which is far more than the number one cryptocoin, Bitcoin, which saw a 4% drop in value.
OTPPAY – The Crypto To Fiat Payment Solution (EthereumWorldNews.com)
Nowadays, one of the biggest issues that the cryptocurrency market faces is crypto to fiat or fiat to crypto transfer. Using a fiat to crypto exchange leads to extra fees that the buyer is paying. Another issue is the fact that merchants cannot accept cryptocurrency payments without of exposing themselves to the risk of losing a certain amount in USD. This is where OTPPAY wants to make a change. Their mission is to create a world class cryptocurrency exchange where you can easily transfer fiat to cryptocurrency, cryptocurrency to cryptocurrency, cryptocurrency to fiat and even fiat to fiat. OTPPAY thrives to bridge the gap between Crypto to Fiat. Their main focus is to take the crypto to the common people day to day life. Moreover, their protocol will address the Transactions Per Second (TPS) & Cost Per Second (CPS) through value equalization techniques and smart swapping procedures.
Pixabay/Public Domain
Report Finds Millennials Want to Use Cryptocurrency in their Favorite Games (DigitalTrends.com)
A recent report published by Worldwide Asset Exchange states that millennials want to see cryptocurrencies become a normal part of gaming. The report stems from 1,000 gamers located in North America that have already purchased, sold, and traded virtual items online at least once. According to the report, 75 percent of the 1,000 gamers surveyed want to exchange virtual goods into currency they can use to buy and sell items on other platforms. Two-thirds of those surveyed want more opportunities to use cryptocurrency within popular gaming networks, such as Xbox Live and Sony’s PlayStation Network.
Litecoin Booms in February But ‘Golden’ Crypto Takes Price Podium (CoinDesk.com)
Dismal? Not quite, but the crypto markets had a rough ride in February. What began with a sell-off in bitcoin, one that pushed the total market capitalization of all cryptocurrencies to a 10-week low of $276 billion, has ended in a seeming recovery, with the total value hitting $450 billion Thursday to end February trading. However, the numbers don’t exactly tell the whole story. Comparing performance to January, the market saw a decline of 8.5 percent month-over-month, and a decline of 45.78 percent from its 2018 record high of $830 billion. But that’s not to say there weren’t gains to be had. Bitcoin (BTC), the largest cryptocurrency by market capitalization, saw a “V-shaped” recovery, while fifth-place litecoin notched monthly gains.
Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in Japan (News.Bitcoin.com)
There are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer protection measures are likely to be approved.
