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Litecoin gets adopted by first ever Blockchain-based phone, Skrill, and eGifter

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Litecoin is one of the largest cryptocurrencies in the crypto sphere; it ranks No.7 by market capitalization. At the time of writing, Litecoin is traded at $77.52 per coin; with a market capitalization of $4.4 billion. Nevertheless, the CEO of Litecoin, Charlie Lee, has boldly emphasized that all hands are on deck to make sure the value of Litecoin attains a price mark of USD 400 through mass adoption.

Lee has professed some of his significant plans, in which the crypto would become prominent and among the top 3 most traded cryptocurrencies.

Litecoin’s adoption by HTC Exodus, the first native blockchain mobile producer

Litecoin recently got adopted by the first native blockchain phone produced by HTC Exodus. This adoption is good news for all Litecoin fans due to the fact that the mobile would support “Litecoin Lightning Network natively” and LTC tokens also. Charlie Lee has expressed his appreciation for this major feat that has been achieved.

It is important to know that Charlie Lee is an advisor of HTC Exodus, and he also stated that this would be the foundation for crypto’s mass adoption.

Charlie Lee stated this on his official Twitter page:

Met the HTC Exodus team last week and was really excited to hear the phone will support LTC and Lightning Network on Litecoin natively! I will be an advisor as I see having a secure crypto phone that makes LN simple is needed for mass adoption. P.S. No, they will not remove BTC.”

On the other hand, HTC Exodus is a reputable company with high goals in changing the crypto sphere by producing a decentralized phone in which individuals can use with maximum security.

Recently, it partnered the company partnered with Crypto Kitties.  HTC is quite experienced in producing mobile phones all over the world. The company has manufactured different mobile phones, and it aims to revolutionize the web with its newest technology.

Litecoin gets adopted by Skrill and eGifter

Skrill is a wallet that supports various fiat currencies worldwide, and on the 25th of July, the wallet declared it now supports the trade of different cryptocurrencies including Litecoin on its platform. This is a major feat for the crypto sphere, and Litecoin is involved – which is good news.

On the other hand, eGifter which is one of the most prominent gift card companies online recently adopted Litecoin to boost its sales. It is important to note that Litecoin is now officially one of the leading payment options for eGifter. Additionally, eGifter is also stirring up the Litecoin’s mass adoption movement called PayWithLitecoin on its website.

Final Words

Litecoin’s mass adoption campaign PayWithLitecoin, which has been around for some time now, is getting lots of support from various FinTech companies. Litecoin is on its way to be among the top three most traded cryptocurrencies, as UK based crypto futures trading platform named Crypto Facilities, recently launched a new product that allows traders to be part of Litecoin futures. There are other things coming up with Litecoin, and this is the right time to buy and invest in it.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Maxpixel.net

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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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

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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

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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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