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Litecoin / US Dollar

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Digital Currency

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

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Exactly Protocol, a decentralized credit market operating on the Optimism network, suffered a loss of over $12 million due to a bridge exploit. The exploit involved attackers funding a contract on the Ethereum network, transferring deposits to Optimism, and then bridging the stolen funds back to Ethereum. The breach coincided with a slump in the broader digital currency sector, with assets like Ripple, Litecoin, and Bitcoin Cash experiencing sharp drops.

Portfolio Pulse from Murtuza Merchant

August 18, 2023 | 7:40 pm

Litecoin's (CRYPTO: LTC) price has decreased by 4.71% over the past 24 hours to $77.44, continuing its downward trend over the past week of -8.0%. Litecoin's trading volume has climbed 107.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.08%. The current market cap ranking for LTC is #15 at $5.71 billion.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 7:00 pm

Hardware wallet provider Ledger has integrated with PayPal to simplify the process of buying cryptocurrencies, including Bitcoin and Ethereum, for U.S.-based users via the Ledger Live companion app. This feature is exclusively available to users in the United States. U.S.-based Ledger users can now directly purchase BTC, ETH, Bitcoin Cash, and Litecoin using their linked PayPal accounts. All crypto purchases made through PayPal will be automatically transferred to the user's Ledger hardware wallet.

Portfolio Pulse from Murtuza Merchant

August 16, 2023 | 6:17 pm

Several REITs have reported FFO that met or surpassed analyst estimates or were up year-over-year from Q2 2022, but missed on revenue estimates. This could indicate potential recessionary trends, but strong FFO suggests these companies are preparing for possible economic challenges. The REITs include Agree Realty Corp., Apollo Commercial Real Estate, Claros Mortgage Trust, Community Healthcare Trust, Equity Commonwealth, Four Corners Property Trust, Independence Realty Trust Inc., LTC Properties Inc., NNN REIT Inc., and The Weyerhaeuser Co.

Portfolio Pulse from Ethan Roberts

August 04, 2023 | 6:24 pm

Bitcoin and Ethereum edged higher following the release of US jobs data. The US economy added 187,000 jobs in July, slightly below market estimates. XDC Network was the top gainer in the crypto market over the past 24 hours, while Conflux was the biggest loser. The global crypto market cap rose to $1.17 trillion, recording a 24-hour gain of 0.1%.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 3:29 pm

Bitcoin and Ethereum traded lower but remained above key levels of $29,000 and $1,900 respectively. The global crypto market cap fell to $1.16 trillion, a 24-hour decline of 1.6%. XDC Network was the top gainer while Compound was the biggest loser. Other notable losers included Sui, Litecoin, Stellar, and Bitcoin SV.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:30 pm

The price of Litecoin (LTC) dropped to its lowest level in a month, following its third halving event. The cryptocurrency experienced a decline of approximately 6% throughout the day, underperforming both Bitcoin (BTC) and Ethereum (ETH). The Litecoin blockchain provides security to Dogecoin (DOGE), which also saw a 4% drop in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 12:35 pm

Litecoin's (CRYPTO: LTC) price has fallen 4.26% to $88.86 in the past 24 hours, contrasting its positive trend over the past week where it gained 1.0%. Trading volume has increased 129.0% over the past week, and the circulating supply of the coin has increased 0.11% to 73.50 million, which is 87.5% of its max supply. LTC's current market cap ranking is #12 at $6.55 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:31 am

Dogecoin (CRYPTO: DOGE) surged by 11% after Tesla retained it as an accepted cryptocurrency. Tesla CEO Elon Musk's tweets about Dogecoin have historically led to price spikes. Since Musk's first mention of Dogecoin in 2019, the cryptocurrency's value has significantly increased. Musk's acquisition of Twitter and plans to integrate payments into the platform are seen as positive for Dogecoin.

Portfolio Pulse from Chris Katje

July 25, 2023 | 8:01 pm

Litecoin's (CRYPTO: LTC) price has decreased by 8.84% over the past 24 hours to $93.41, contrary to its performance over the past week where it experienced an up-trend of 1.0%. The trading volume for the coin has tumbled 10.0% over the past week while the circulating supply has risen 0.21% to 73.36 million, making up an estimated 87.34% of its max supply. The current market cap ranking for LTC is #13 at $6.85 billion.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:00 pm

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