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China’s Top Crypto Rankings for August: Bitcoin Finally Enters the Top 10

Posted on August 20, 2018December 9, 2018 by Omri Shabath

The Chinese Center for Information Industry Development (CCID) has issued its monthly top cryptocurrency rankings for August. While there are three clear criteria for the rankings (technology, applicability and creativity), it is important to remember that it’s also probably at least somewhat politicized based on China’s interests. There are no changes among the top two cryptocurrencies: EOS (EOS)trade is still first with a significantly improved score (158.7 compared to 145.6 in the previous rankings) and…

Amidst Horrid Week for Cryptocurrencies, Bitcoin Strengthens its #1 Position

Posted on August 12, 2018 by Omri Shabath

It was a horrible week for cryptocurrencies. Terrible. Just awful. All major cryptocurrencies suffered great losses and the entire crypto market shed dozens of billions of dollars in total. And within all this decentralized carnage, Bitcoin managed to reinforce its position as the undisputed cryptocurrency king. Let’s review how a few of the most prominent cryptocurrencies have performed this week (August 5-12). Ethereum (ETH)trade, the second largest cryptocurrency by market capitalization, has plunged from around…

There Are Now Over 3,500 Cryptocurrency ATMs around the World

Posted on August 8, 2018January 5, 2019 by Omri Shabath

In today’s global financial market, being adopted and embraced by mainstream audiences necessitates accessibility and availability – and cryptocurrencies are not different in that regard. And while in many aspects cryptocurrencies still falter, at least in one area there seems to be a steady, continuous growth: Cryptocurrency ATMs. According to CoinATMRadar.com – a website that tracks cryptocurrency ATMs around the world – the number of active crypto ATMs has jumped beyond 3,500 worldwide. That’s a…

Senior Market Analyst: Litecoin’s Current Price Is Massively Undervalued

Posted on August 2, 2018 by Omri Shabath

Litecoin has made some fascinating headlines recently: through a collaboration with TokenPay, the Litecoin Foundation acquired shares of a conventional German bank; and HTC announced that its new intriguing crypto phone will support LTC. Now, a recent research regarding Litecoin bodes even better projections for the cryptocurrency… A market research published on August 1st by eToro’s senior market analyst Mati Greenspan (PDF) determines that “the current price that LTC is trading at could be seen…

Crypto Phone HTC Exodus Will Support Litecoin alongside Bitcoin and Ethereum

Posted on July 30, 2018May 13, 2019 by Omri Shabath

The highly-anticipated very first fully-backed crypto phone, the HTC Exodus, has just become a little more… well, cryptoed. The Taiwan-based consumer electronics company confirmed that its intriguing new decentralized-focused smartphone will support Litecoin (LTC)trade. The company had already disclosed previously that the phone will also support Bitcoin(BTC)trade and Ethereum (ETH)trade. It was Litecoin founder, Charlie Lee, who first revealed that HTC intends to implement Litecoin and Lightning Network in the HTC Exodus; additionally, he divulged…

Fiat-Crypto Romance: Litecoin Foundation and TokenPay Buy Shares in Germany’s WEG Bank AG

Posted on July 12, 2018September 15, 2019 by Omri Shabath

There are some big tectonic shifts underneath the crypto-fiat borderline. The Litecoin Foundation now holds 9.9% stake in Germany’s WEG Bank AG after a strategic partnership with the decentralized payment platform TokenPay. The deal has first begun back in May, when TokenPay announced that it has acquired 9.9% of the shares of WEG Bank; the firm has also stated that it has plans to purchase an additional 80.1% upon customary regulatory approval of the German…

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