No Result
View All Result
Advertise
Submit a Press Release
Contact Us
Coindoo
  • Cryptocurrency News
    • All
    • Bitcoin News
    • Cardano News
    • Ethereum News
    • IOTA News
    • Litecoin News
    • Ripple News
    • TRON News
    PrimeXBT

    PrimeXBT Lead Analyst Kim Chua: The Cause of BTC Supply Crisis and Why It Will Get Worse

    XRP price prediction

    Ripple (XRP) Price Prediction and Analysis in January 2021

    PayPal

    PayPal Plans to Perform Crypto Transactions | Will It Get Bitcoin to $15.000?

    Sports News Apps

    The Best Classic Sports News Apps to Keep You Up-To-Date

    wire act

    What the Wire Act Means for Cryptocurrency

    cryptocurrency apps

    Cryptocurrency Apps Every Trader Should Have in 2020

    Trending Tags

    • ethereum
    • ripple
    • Tron
    • bitcoin
  • Analyzes & Reviews
  • Guides & Tutorials
    Ethereum

    How to Invest in Ethereum (ETH) Futures – Ultimate Guide for Beginners

    Bitcoin casinos

    Most Common Coins Used to Play at Bitcoin Casinos

    crypto casinos

    Was 2020 the Year of Crypto Casinos?

    crypto signals

    How to Use Crypto Signals to Earn Money?

  • Events
No Result
View All Result
Coindoo
No Result
View All Result
Home Cryptocurrency News Ripple News

Litecoin and XRP Continue to Chase Bitcoin and Ether

Lorena B. by Lorena B.
August 7, 2019
in Litecoin News, Ripple News

Even though new promising cryptocurrencies had been launched during the past few years, the “big four” of the market, represented by Bitcoin, Ether, XRP, and Litecoin, remains unchallenged. Bitcoin kept dominating the market aggressively in 2019, but XRP and Litecoin are the ones which could draw attention in the near future.

In 20 days from now, on August 5th, at the block 1,680,000, Litecoin will go through a halving process, due to increased network hash rate and sped-up clock between difficulty readjustments. This isn’t the first time LTC goes to a process like this. Back in August 2015, at block 840,000, the token halved for the first time, and the price reaction prior to that is raising hopes for the next few weeks.

Back then, LTC surged 400% in the weeks prior to the halving. It is still uncertain whether history will repeat itself, considering that the price had already bounced significantly from the 2018 lows. As the halving approaches, we could witness increased Atecs Capital litecoin trading, as traders will want to get two coins right after the process is done.

XRP announces a new app

Ripple Labs recently announced a new application called Xumm, designed to allow people to store fiat and cryptocurrencies in a wallet account, without any intervention from a traditional bank, being the first app that offers banking services. Wietse Wind, Lead Developer at Ripple Labs showed its enthusiasm about the app, describing its main features in a detailed manner:

“It’s not for geeks. We know that crypto wallets are for geeks and then somewhere near the bull run at the end of 2017, suddenly 10% of the population here had a crypto wallet or multiple crypto wallets on their apps. It was still a few percents of the population, and most of them were geeks. We’re building something that my mother could use and maybe even would want to use.”

However, it is still questionable whether the application won’t draw the attention of public regulators. Since the app interferes with the banking system, it should be subject to regulatory requirements, just like apps developed by banks.

Facebook had recently announced plans to develop its own cryptocurrency, called Libra, and even though the project is in the development phase, the US Congress already asked the social media giant to halt it, until full compliance with the regulation will be ensured. As cryptocurrencies move to challenge the traditional financial system, we should expect increased pressure from public authorities who won’t be willing to give up monetary control.

Tags: ripplexrp
Lorena B.

Lorena B.

Related Posts

investment portfolio

How to Create a Digital Investment Portfolio

by Ionela C.
December 15, 2020
0

In the world of cryptosystems, digital assets are becoming increasingly valuable. Assets such as bitcoins and other digital currencies are...

Litecoin vs ripple

Ripple vs Litecoin – Main Differences Between These Two Cryptocurrencies

by Lavinia C.
November 14, 2020
0

Ripple vs Litecoin is not going to be an easy comparison taking into account how different these digital assets are....

xrp price prediction

Ripple (XRP) Price Prediction and Analysis in October 2020

by Lavinia C.
October 6, 2020
0

XRP is one of the top cryptocurrencies on the crypto market ranking. But it has not been doing well for...

cryptocurrency

5 Best Cryptocurrency Investments 2020

by Ionela C.
September 17, 2020
0

It is not difficult to see why investing in the cryptocurrency market has been so popular lately. However, many investors...

Bitcoin

Bitcoin Casino Operators See Great Opportunity in the Altcoin Space

by Ionela C.
August 13, 2020
0

Bitcoin has had a surprisingly good year in 2020, with its price remaining relatively stable despite the chaos of COVID...

Load More

We Recommend

Top Rated Casinos
Bitstarz Casino

CryptoGames

1xBit Casino

Winz.io Casino

BitcoinCasino.io
Top Crypto Prices Provider
Crypto.com
Top Crypto Trading Bots
TradeSanta
Top Rated Exchanges
Crypto.com

Binance Exchange
Top DEFI Leaderboard
Crypto.com
Top Advertising Services
Coinzilla Display Network
Our Latest Reviews
coinbase review

Coinbase Exchange Review

Even if it has its flaws and controversies, Coinbase is a
Kraken exchange review

Kraken Exchange Review

The exchange is one of the most popular crypto trading platforms,
XRP.io wallet review

XRP.io Wallet

XRP.io provides a very easy to use and simple user experience.
View All Reviews

Editor's Choice

Blockchain Analyzes & Reviews

CoinRabbit Review: How to Profit From Hodling Your Crypto?

by Ionela C.
January 13, 2021
0

SwapSpace exchange aggregator

SwapSpace Exchange Aggregator Review: Supported Cryptos, Fees, Pros and Cons

trading

The Benefits of Cross-Chain Trading

August 28, 2020
Stratus

Stratus Redefining Social Media

August 24, 2020

5 Minutes of Blockchain & Cryptocurrency News!

We completely understand that your inbox is already full of junk emails. We promise that we gonna try to keep it clean by sending a daily newsletter with our latest news. You can always choose to unsubscribe to our newsletter if you're not satisfied.
coindoo icon
  • Contact Us
  • Advertise
  • RSS Feed
  • About Us
  • Partners
  • Terms & Conditions
  • Privacy Policy

© 2017-2020 Coindoo

The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

No Result
View All Result
  • Cryptocurrency News
  • Analyzes & Reviews
  • Guides & Tutorials
  • Events

© 2017-2019 Coindoo