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Toshi Accepts Litecoin (LTC): New Crypto on Wallet & dApp Browser’s Platform

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Toshi
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Despite its supposed dedication to Ethereum (ETH), dApp browser and wallet Toshi finally decides to open up and accept other cryptos. The good news is that one of the cryptos that the provider decided to include is Litecoin (LTC).

Litecoin joins Toshi

Toshi’s community has been loving the services that this dApp browser and crypto wallet has had to offer so far. However, that never stopped it from requesting that the provider opens up and accepts other cryptos as well.

So far, Toshi has been mostly focused on projects that had some connection to Ethereum (ETH), as well as on Ethereum itself. Now, however, it would seem that Toshi is finally ready to move on, and try out other digital currencies as well.

According to the announcement that Toshi released earlier this week, it will soon start accepting other cryptos. Crypto enthusiasts were delighted to hear this, but what really made everyone excited is the part of the announcement that said that Litecoin (LTC) will be included as well.

Unfortunately, the announcement did not mention a release date for this expansion as of yet. However, the excitement regarding the inclusion of LTC has already started to spread.

Charlie Lee decided to share in LTC supporters’ joy and has tweeted that Coinbase’s Toshi will soon include Litecoin as well.

The announcement, as big and important as it is, has yet to impact LTC’s price, however. The coin’s value has not been the most stable one, and even in the last 24 hours, it witnessed yet another drop of 1.89%. That puts its current value at $133.45 per token. However, many expect that it is only a matter of time before LTC’s new victory impacts the price, and delivers some much-needed stability to the coin.

Lee has tweeted in regard to this as well, trying to reassure the coin’s community. According to him, the price does what it does, and the most important thing is that the coin still manages to hang in there. For now, it demonstrated its ability to adapt. Not to mention the fact that others have shown their willingness to accept it.

LTC will let you fly

Another big development regarding LTC is its soon-to-be adoption by TapJets. The flight service provider decided that it is time to adopt another crypto as a method of payment, and it ran a poll on Twitter in order to determine which one its customers prefer. Litecoin was the clear winner, and the company decided to make their users’ wish come true.

In an interesting twist, Ripple (XRP) also turned out to have a lot of supporters among the firm’s users, which is why TapJets decided to go for this crypto as well. The communication with LTC was established first, and the company announced that Litecoin will become one of the accepted payment methods, starting next month.

Charlie Lee confirmed the new partnership in another tweet.

Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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