[ad_1] Litecoin (LTC), currently the fourth-largest cryptocurrency by market capitalization, has just reduced its block reward for miners by half. The litecoin blockchain reached the trigger block height of 1,680,000 at 10:16 UTC on Monday, according to the litecoin explorer from mining pool operator BTC.com. The event marks a major threshold for miners, as the litecoin network is designed to reduce its mining …

[ad_1] Key Highlights Monero’s XMR rose by 0.58% on Sunday. Following on from a 4.82% rally on Saturday, Monero’s XMR ended the day at $88.34. An early morning intraday low $85.6 saw Monero’s XMR steer clear of the first major support level at $85.26. A late intraday high $88.95 saw Monero’s XMR fall short of the first major resistance level …

[ad_1] The head of Galaxy Digital believes that BTC will be supported by $8,500. He says his investment portfolio includes 7% of gold. The head of cryptocurrency bank Galaxy Digital Mike Novogratz shared his views on the key support levels for the first digital currency. According to the Bitcoin guru, the downside correction is still possible; however, it has really …

[ad_1] Dovey Wan is a partner at Primitive Ventures, a crypto asset investment fund, and a member of CoinDesk’s advisory board. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in …

[ad_1] The countdown for Litecoin halvening has begun, in just a few hours the Litecoin will go through its second halvening process. When 1,680,00 block would be mined, the Litecoin would go through halvening. Why is Litecoin halvening done? Every decentralized cryptocurrency goes through halvening after every four years to keep the supply and demand in check. What would be …

[ad_1] Bitcoin climbed past the $11,000 level for the first time since mid-July to lead gains among the biggest cryptocurrencies, as risk assets across Asia tumbled on escalating trade war tensions. The largest cryptocurrency surged as much as 12 per cent from Friday’s close and traded at $11,565 at 12:50 pm in Hong Kong, according to consolidated Bloomberg pricing. The …

[ad_1] The Sun is Britain’s most-read newspaper with an audience of 30M people and counting. Bitcoin’s dwindling supply and the fact that 85% of the supply has been mined have been mentioned by Harry Pettit, a reporter at the giant media outlet. For those that don’t know, 17 million Bitcoins have already been mined, leaving us with about four million …

[ad_1] The Bangladesh government will use money from its $208 million IT project fund to send graduates for blockchain training in Japan and India. Bangladesh authorities plan to send 100 new IT graduates abroad to boost expertise in the fields of distributed ledger technology, artificial intelligence, machine learning and cyber security, Bangladesh’s English-language newspaper The Daily Star reports Aug. 4. …

[ad_1] Ripple’s coin has been moving in sync with the market. XRP/USD bulls need to clear $0.3230 to increase the upside momentum. Ripple’s XRP has made its way above $0.3200; however, the upside momentum remains weak. Without a clear follow through the coin risks to slip back into the previous range. At the time of writing, XRP/USD is changing hands …

[ad_1] Here is what you need to know on Monday, August 5th:– China retaliates to US President Donald Trump’s announcement of new tariffs. The world’s second-largest economy has allowed the Chinese yuan to fall beyond 7 to the US dollar. Moreover, Beijing has asked state-owned companies to stop buying US agricultural goods. Reports suggest China may not resume trade talks. – …