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Litecoin (LTC), TRON (TRX), and ZCash (ZEC)

Cryptocurrencies made a strong comeback in the middle of the week, after posting 2018 lows a few days prior. Investors began dumping digital currencies after Bitcoin Cash miners decided to split the chain in two. After the hard fork, an all-out hash war began, and investors weren’t pleased. Investors began buying back digital currencies when various crypto-positive news announcements were made earlier this week. Most coins have since corrected from their gains, but Litecoin (LTC), TRON (TRX), and ZCash (ZEC) are still in the green for the week.

Let’s take a closer look at these coins and their latest updates.

Litecoin (LTC)

At press time, most top 20 cryptocurrencies are trading red. LTC is currently trading at $32.07 a coin, down -6.05% in 24 hours. For the week, however, the seventh largest digital currency is up by 0.16%. While this may not seem like a lot, most top digital currencies are seeing losses this week near the double-digit percentages.

The Litecoin Foundation and Charlie Lee, its founder, haven’t announced any big changes to the Litecoin network recently. Lee did weigh in on the BCH hash war though.

TRON (TRX)

TRON, the world’s 12th largest cryptocurrency, is up 4.98% this week. At press time, TRX is trading at $0.0142 a coin, down -9.72% in 24 hours. The blockchain project is known for juggling many different plates when it comes to the development of their project. Early this morning, the TRON team released its weekly dApp report.

In addition to this, earlier last week Justin Sun, TRON’s founder, announced that TRON had reached nearly 2 million Txs per day.

That’s definitely something worth celebrating.

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ZCash (ZEC)

The world’s 19th largest cryptocurrency was just added to a major US exchange. While it is currently trading it the red, the digital currency is up 4.22% for the week. At press time, ZEC is trading at $79.38 a coin, down -1.98%, in 24 hours.

Major US exchange Coinbase Pro has officially added the privacy-focused digital currency to its trading platform. It remains unknown at this time why ZEC was chosen over other top digital currencies, but its rise this week no doubt has mostly to do with this announcement.

What do you think about Litecoin (LTC), TRON (TRX), and ZCash (ZEC) this week?

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Ripple (XRP) and Litecoin (LTC)

The cryptocurrency market is currently sitting just above $210 billion this morning. While mainstream media is heavily focused on cannabis at the moment, blockchain companies are still making moves in the background. Today, we’ll take a closer look at Ripple (XRP) and Litecoin (LTC) and the latest advancements with the two projects.

Ripple (XRP)

Ripple and XRP are often confused as the same and are often grouped together because what Ripple the company does ultimately affects/influences the price of XRP.

Less than a month ago, Ripple revamped its website to solely focus on RippleNet. RippleNet has just expanded its xRapid platform that uses XRP as liquidity for financial institutions. While its xCurrent platform currently has over 100 banks and financial institutions signed up and testing its XRP-less platform, Ripple’s goal is to eventually transition these institutions to RippleNet.

Ripple’s press release explained why using XRP is crucial for cross-border transactions:

“Pilots in the crucial U.S. to Mexico remittance corridor using XRP as a digital asset demonstrated savings of 40-70% compared to traditional costs. At the same time, it helped lower settlement times from two to three days to just over two minutes.”

At press time, XRP is currently trading at $0.465 a coin, up 0.34%, in 24 hours.

>> Small Bitcoin Fee: Only 10 Cents for $194 Million on the Bitcoin Network

Litecoin (LTC)

On Tuesday, LTC began trading on Gemini.

Gemini is the cryptocurrency exchange owned by the US Olympian Winklevoss Twins. Gemini is currently the 42nd largest cryptocurrency exchange by its total trading volume on CoinMarketCap.

BTC/USD pairs still equate for over 80% of the exchange’s volume in the last 24 hours. So far, LTC/USD only makes up 0.73%, with a volume of $214,836. On the 15th when the announcement was made about LTC being launched on Gemini, LTC surged 10% in an hour but quickly corrected.

The Litecoin Foundation also just celebrated its 7th birthday on the 12th.

According to CoinMarketCap, LTC is currently trading at $53.00 a coin, down -0.40%.

Check back in for more Ripple and Litecoin news!

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EOS, TRON (TRX), and Litecoin (LTC) Updates

The cryptocurrency market is trading mostly in the red this Friday morning. Most coins in the top 10 cryptocurrencies are either just above the percentage gains threshold or just below. EOS and TRON (TRX) are currently in the green, but Litecoin (LTC) is trading down.

Let’s take a closer look at these projects and their latest movements.

EOS

Recently, the official ‘EOS’ Twitter name was changed to Block.one. Block.one is the blockchain-based company that formed EOS. The company must be taking bets that most people truly interested in EOS know about Block.one, but I’m sure those new to the crypto community might get a bit confused.

However, in 2018 it seems the diehard crypto-loyalists are the only ones who have stuck around since the crypto rise and fall in January.

Recently, Block.one announced the location and date of the EOS Global Hackathon Grand Finale.

The grand finale will be held on December 7th, in Cape Town, South Africa.

>> EOS Gambling Platforms Hacked

TRON (TRX)

There has been lots of movement over at the TRON Foundation as of late. Since it acquired BitTorrent, the companies have formed a new web-based torrent streaming client called μTorrent.

It seems μTorrent Web currently has over one million active users already and the company announced that BitTorrent Web will be live soon. In addition to its BitTorrent movement, TRON has been expanding on exchanges.

On Bitfinex, users can now trade for TRX with JPY, GBP, and the EUR—making it far more accessible to those around the globe.

Litecoin (LTC)

Litecoin will be celebrating its seventh birthday coming up on October 13th. That same day, LTC will be added to Gemini’s exchange.

In mid-September, LTC was added to the Canadian exchange Coinut. Later this month, Litecoin Founder Charlie Lee will be attending and speaking at the World Crypto Conference in Las Vegas.

Tickets are still available for purchase if you would like to meet him in person.

EOS, TRON (TRX), and Litecoin (LTC) Price Movement

According to CoinMarketCap, EOS is currently trading at $5.74 a coin, up 0.99% in 24 hours. EOS still remains the fifth largest cryptocurrency by its total market cap.

TRX is currently trading at $0.0231 a coin, up 5.20% in 24 hours. TRON is currently the 12th largest cryptocurrency by its total market cap.

According to CoinMarketCap, LTC is currently trading at $58.18 a coin, down -0.59% in 24 hours. Litecoin remains the seventh largest cryptocurrency by its total market cap.

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Ethereum (ETH), Litecoin (LTC), and Monero (XMR) Rise from the Ashes

The cryptocurrency market is rebounding today, after a brutal couple of weeks on the market. Ethereum (ETH), Litecoin (LTC), and Monero (XMR) are among the coins making the biggest surge this morning.

Recently, the market hit its year-low, and many of the coins reached their yearly lows as well.

Let’s take a closer look at these three coins and their latest developments.

Ethereum (ETH)

Ethereum, the second-largest cryptocurrency by its total market cap, hit its year-low this week, sinking below $180. ETH hadn’t been under the $180 price point since late June of 2017.

Developers are steadily working on solutions to improve the scalability of the Ethereum ecosystem, but no solution has yet to be proven extremely effective. However, these things take time. Rome wasn’t built in a day, after all.

At press time, Ethereum is trading at $204.12 a coin, up 18.22% in 24 hours. It remains unclear what specifically boosted the price of ETH.

Litecoin (LTC)

Litecoin, the seventh-largest cryptocurrency by its total market cap, also hit its year-low price this week. However, LTC has received a boost this morning and is currently seeing percentage gains above 10%.

Next Monday, Bittrex will be launching the LTC/USD trading pair. The US-based cryptocurrency exchange announced this yesterday, and this very well may be the cause of Litecoin’s price lift. Bittrex also announced the USD and TRON (TRX) pairing group, and TRX is currently seeing a price lift above 14%.

At press time, LTC is trading at $54.49 a coin, up 10.45% in 24 hours.

>> Morgan Stanley Bitcoin Derivatives are Ready to Go

Monero (XMR)

Monero, the ninth-largest cryptocurrency by its total market cap, is also seeing a boost this morning. However, it remains unclear why the price of XMR has boosted.

It may just be that investors are riding the green wave and diversifying their portfolios.

At press time, XMR is trading at $113.69 a share, up 12.30% in 24 hours.

Where do you think Ethreum, Litecoin, and Monero will go from here?

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Ripple (XRP), EOS, Litecoin (LTC)

The cryptocurrency market is trending upwards today as most coins within the top 100 are currently trading in the green. Bitcoin (BTC) is currently trading over $6,600 and Ethereum (ETH) is just below the $300 mark.

Let’s take a closer look at Ripple (XRP), EOS, and Litecoin (LTC) today and the latest movements with each of these projects.

Ripple (XRP)

Ripple has been making steady moves with its xRapid product lately.

xRapid is Ripple’s product geared towards financial institutions, that is powered by XRP. Just recently, Ripple signed partnerships with three crypto exchanges to make them preferred exchanges for the US dollar, Mexican Pesos, and Philline Pesos.

At press time, XRP is trading at $0.337 a coin, up 2.56%, in 24 hours. Ripple remains the third largest cryptocurrency by its total market cap.

>> Ripple’s Bittrex Partnership

EOS

Block.one, the company that invented EOS, is in the middle of their global hackathon. The EOS hackathon is a competition incentivizing developers to build dApps on the EOS platform for cash prizes.

The Beijing hackathon and Sydney hackathon have already been completed and the two other locations for the upcoming hackathons have been announced. The grand finale location and date has yet to be announced.

The next EOS hackathon will take place in London, on Sept 22nd and 23rd and the fourth hackathon in San Francisco will be held on November 10th and 11th. Exact locations of these events are TBD.

At press time, EOS is currently trading at $5.03 a coin, up 5.32%.

Litecoin (LTC)

There hasn’t been any major news regarding Litecoin this week, but last week, ItBit announced that it would be trading LTC soon.

ItBit is a digital currency trading platform that is regulated by the NYDFS. This is expected to drive up the price of the cryptocurrency.

Also, the first Litecoin Summit will be taking place in 22 days on September 14th and 15th. Tickets are still on sale and it will be held at the South San Francisco Conference Center, in San Francisco, California.

At press time, LTC is trading at $75.61 a coin, up 4.36%, in 24 hours.

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