Finance

Litecoin Price Breaks New Record, Surpasses $300

Litecoin Price Breaks New Record, Surpasses $300

There are no signs of any shackles for now, with Litecoin up 15.74 to $253 at the time of writing, with the next milestone being $300, with momentum certainly in favour of Litecoin, while Bitcoin is on the back foot at the time of writing. However, it is not just Bitcoin who is ruling the crypto charts this week.

Since litecoins are availabe in the brokerage platform, it is seen that many new coinbased users are investing on this digital currency in small amounts as this is much cheaper than Bitcoin and ethereum. Litecoin started the year 2017 at just a mere price of $4.3. Well, now the word on the e-streets is that Litecoin has hit a new all-time high of $255, marking a 50% surge in the past 34 hours. But the big question is which is better, bitcoin or litecoin?

Coinbase faced outage as the trading of Litecoin and Ethereum increase due to hike in their prices.

The bitcoin price rallied after USA exchange CBOE launched regulated bitcoin futures contracts on Sunday, but the most prominent cryptocurrency's performance was a bit more tepid during the first full day of trading. He also highlighted the fact that one of the major challenges the cryptocurrency faces is the network support to survive in the long term.

UK Gambling Commission warns ½ million children involved in video game gambling
Skins betting sites allow gamers to wager skins that were rewarded in-game or purchased for money on a digital marketplace. The Gambling Commission has made clear before that any such measurements have to be passed by the government.

While further taking a jibe at fiat currencies, Charlie candidly said that given the potential of cryptocurrencies being used in day-to-day transactions, they can essentially replace U.S. Dollar over the period of time.

But it seems that numbers for Bitcoin-like technology crypto coin Litecoin and "posh" Ethereum are not easy to neglect either. Currently, 54,268,358 litecoin and 16,736,137 bitcoin are in circulation.

While there is a hue and cry over the astronomical growth of bitcoins all over the world, breaking through all price level, another cryptocurrency named litecoin also witnessed a meteoric rise in the past few days. It seems that the competition is growing in the altcoin space as the development team behind is working every bit to get them into the mainstream.

After seeing a steady advance throughout the day, the cryptocurrency experienced a huge spike on Tuesday evening, with its price surging to an intraday high of $0.434.


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