The exchange said that this action was another step towards its transformation into an international company.
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According to experts from Santiment, the bullish dynamics of LTC is caused by the upcoming halving of the coin, which should take place in August.
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This was stated by representatives of the Hong Kong Securities and Futures Commission.
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Despite the increased volatility that has gripped the crypto market this week, crypto miners are still accumulating LTC.
These data indicate that, despite the recent sell-off, as a result of which the price of LTC sank below $ 85, miners are still confident in its attitude.
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According to CryptoQuant, the BTC reserves of American exchanges have fallen to a minimum since 2017.
The reason for this was the unfriendly legal environment, in particular, the SEC lawsuit against Coinbase and Binance.
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β Smart contract β is a computer program that monitors and ensures the fulfillment of obligations. The parties prescribe in it the terms of the transaction and sanctions for their non-fulfillment, put digital signatures.
β Vesting β is a period of gradual issuance of tokens for early investors. For example, linear vesting 10/10 implies receiving tokens for 10 months at 10%.
β Native β is a powerful increase in the price of any asset that every investor dreams of.
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The new foreign currency exchange machine for e-CNY is an attempt by China to attract tourists to the southern part of Hainan Island.
Travelers can top up their account at any time, check the balance and view transactions.
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A subsidiary of OKX Middle East Fintech has received a preliminary license for a minimally viable product from the Dubai Virtual Asset Regulatory Authority.
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According to Glassnode, it takes 13.3 ounces of gold to buy one BTC, which is 46% more than at the beginning of the year.
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The indicator reached a record level of 200 million addresses.
Probably, the surge of activity in the network is associated with the upcoming halving, which is scheduled for August 4, 2023.
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Investors and traders are moving to Singapore, Japan and South Korea, and more recently to Hong Kong, where a new cryptocurrency regulation regime was introduced this month.
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This was stated by the regional manager of the company.
According to him, the UAE Virtual Asset Regulatory Authority is a key driver of interest in new technologies in the region.
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The BTC price breakdown of the psychologically important $31,000 level was crucial in many ways. And, apparently, his successes will not end there.
Over the previous three months of July, the yield exceeded 27%, 20% and 24%.
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On June 30, the LTC price rose above $100, but after the correction, the quotes declined.
The LTC/USDT chart shows that the surge was accompanied by a sharp increase in trading volume.
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The cryptocurrency exceeded all expectations and reached a new annual maximum, exceeding $31 000 for one coin.
Other major national stock markets also showed positive dynamics, although not as impressive as BTC
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It will be available in both virtual and physical forms, and will allow users to make any consumer payments directly with cryptocurrency through an LBank loan.
It is expected that almost 9 million users of the platform will start using it in the 3rd quarter of 2023, and VIP users will be granted an exclusive right to early access.
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According to Coin Metrics, this figure is 270% more than in the previous period, and exceeds the figure for the whole of 2022.
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According to Glassnode, on July 7, the number of addresses with a balance of 1 000 BTC reached a monthly maximum of 1 685.
Also, the perception of BTC by former skeptics is becoming more and more positive.
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The Chinese Bureau of Statistics reported that the annual growth rate of the consumer price index in June 2023 was 0%, which is the lowest since December 2015.
This can support the demand for cryptocurrencies as an alternative asset that protects against the depreciation of fiat currencies and offers high returns.
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