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Litecoin (LTC) at New Lows This Year. Is It Time To Get Some More?




Current analysis of the current levels witnessed by Litecoin (LTC) indicates that the coin has recently hit new lows for the year. LTC is currently trading at $96.80 and down 8.64% in the last 24 hours. Further analyses indicate that a new low was achieved on Wednesday, 14th of June when the coin was valued at $94.97.

Doing a bit of time traveling and checking when LTC last reached these levels, we find that LTC tested these levels, back on the 28th of November. Litecoin would later skyrocket to new levels of $339 on December 12th and $371 on December 19th according to

So, is it a good time to buy some Litecoin?

Warren Buffett is one investor who does not shy away when the traditional stock markets are in turmoil. As a matter of fact, this is the time Buffett is known to get excited about buying stocks. He loves to buy and hold.

But we all know Buffett does not like cryptocurrencies.

Very true. But we can still borrow the analogy. Litecoin is at a very low level right now. Anyone with additional capital and the risk tolerance of the cryptocurrency markets can go ahead and buy. However, please note this author is not a financial adviser. He is simply working from observing past trends.

Recent Litecoin news.

Abra Global has been bullish about Litecoin (LTC) for quite some time now. The company’s CEO has even stated that the company will be using LTC as their primary digital asset moving forward. They will use Litecoin for their smart contract investing solution because of 3 reasons outlined below:

  1. Commitment to Bitcoin compatibility
  2. Better scalability than Bitcoin
  3. Lower transaction costs than those of Bitcoin

The Abra Wallet has since added Litecoin to the platform and supports direct withdrawals and deposits of the coin.

Litecoin is still living in the shadows of the disappointment of Litepay which was canceled abruptly due to what Charlie Lee termed as lack of due diligence. But time is always a factor for such a project to recover its footing in the crypto-verse. Perhaps this new low value is a sort of ‘reset button’ for the coin and project to start afresh on a new leaf.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Reasons Why You Are Much Safer When Crypto Trading on Dexes




While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021



crypto billionaire

Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level




Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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