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As the world of cryptocurrencies continues to expand, a variety of digital assets are attracting the attention of investors around the world. Among the myriad options available, Litecoin (LTC) stands out as an important player due to its longevity and stability. Created by former Google engineer Charlie Lee in 2011, Litecoin was designed to serve as the “silver to Bitcoin’s gold.”In the Indian context, interest in Litecoin is gradually increasing, especially due to the general increase in the adoption of cryptocurrencies. Litecoin’s performance against the Indian Rupee (INR) is noteworthy for investors looking to diversify their digital asset portfolios. Like…

Today in the cryptocurrency space, the Bitcoin Policy Institute published a paper arguing that Bitcoin should be a central bank reserve asset, and Ethereum co-founder Vitalik Buterin announced the future path of blockchain networks. The 5th installment of the blog series about “The Purge” has been published. aims to reduce data bloat and simplify Ethereum’s protocol, and insists that Polymarket is not trying to be a political website.Bitcoin Policy Research Institute argues that Bitcoin should be a reserve assetThe Bitcoin Policy Institute recently suggested that central banks should consider Bitcoin BTCUSD as a reserve asset to hedge against rising inflation,…

advertisement Cryptocurrency markets recorded capital outflows today, wiping out previous gains in Ethereum and other altcoins. These recent short-term withdrawals have weakened the bullish momentum and caused several digital asset whales to reposition their portfolios. However, many traders believe this could be the takeoff point for the largest altcoin by market capitalization. ETH is still in the buy zone ETH price was $2,437, down 3% in intraday trading and down a hefty 7.7% over the past seven days. Cryptocurrency trader MandoCT wrote on X (formerly Twitter) that Ethereum is still trading in its current buy zone and urged traders to…

One of the problems with Ethereum and other blockchains is that they grow in size over time. This means increased code complexity and storage requirements.The blockchain must retain all data throughout history that must be saved by all clients and downloaded by new clients. This continually increases client load and synchronization time.Additionally, as Vitalik Buterin notes, “It’s easier to add new functionality than remove old functionality,” which increases the complexity of your code over time.Therefore, Buterin believes that developers need to be proactive in stemming these growth trends while preserving Ethereum’s permanence. So Buterin presented The Purge, a three-part plan…

A new altcoin is making waves in the crypto world, with analysts predicting a staggering 1,800% jump in value. This promising digital currency will overshadow well-known tokens like Dogecoin and PEPE. The spotlight is on this potential breakout star, sparking curiosity among investors and enthusiasts alike. DOGEN: The ultimate meme token for real alphas who always win Imagine living the life of your dreams: luxury cars, lots of cash, and attention-grabbing women. That’s the DOGEN lifestyle! If you’re the type of person who likes to level up all the time, you should check out DOGEN. This meme token is for…

Cryptocurrency analyst Egrag Crypto predicted that XRP price could reach $95 soon. Considering the current price of cryptocurrencies, this prediction raised some eyebrows. However, the analyst explained why he is confident that XRP can achieve this target price. Why XRP price could reach $95 soon Egrag Crypto predicted on XPost that the cryptocurrency could reach $95 based on a comparison between the cryptocurrency and Netflix’s NFLX stock. He suggested that XRP price could follow a similar trajectory to NFLX and experience exponential growth. NFLX is currently trading at $754, meaning this is a price level that XRP may reach at…

Bitcoin realized upper limit (ATH) recently hit a new all-time high due to rapid capital inflows into the market, according to on-chain data. Bitcoin Realization Upper Limit Sets New Record According to data from on-chain analytics firm Glassnode, capital inflows into Bitcoin have recently accelerated based on trends in the cryptocurrency’s realization cap. The “realization cap” here refers to BTC’s on-chain capital, which calculates the total value of assets assuming that the “real” value of each coin in circulation is the last traded price on the network. refers to the model. The previous transfer of a coin is likely the…

The cryptocurrency market is currently facing turmoil following reports of a US investigation into Tether, one of the most important stablecoins on the market. As uncertainty surrounding the case continues, the ripples from this investigation could spread throughout the cryptosphere. The possible impacts could redefine market direction, guide investor activity and change capital flows, while the industry continues to expect further developments. WSJ report and Tether’s response According to WSJ, US regulators are currently investigating Tether (USDT). This report has caused concern among market participants and raised a number of possibilities that may arise. However, Tether’s CEO refuted such claims…

In a recent report on CNBC, Dante Disparte, Head of Global Policy at Circle, announced that the UK plans to issue a stablecoin in the coming months. As a result, the crypto market will no doubt welcome increased interest from new investors in stablecoin networks. On the other hand, positive sentiment towards stablecoins, including Circle’s USDC, is likely to increase as this latest update takes full effect. In another event, a new MemeFi platform called Cutushi (CUTO) is gaining a lot of attention in the pre-sale market. This meme coin is ready to capitalize on the aftermath of new developments.…

advertisement The virtual currency XRP, owned by Ripple, has been attracting attention recently due to legal developments in a lawsuit with the U.S. Securities and Exchange Commission. However, a widely followed cryptocurrency expert has been outraged by several events in the XRP ecosystem and has vowed never to touch cryptocurrencies again. XRP price trends of concern amid regulatory uncertainty In a recent post on X, Elite Crypto stated that the price of XRP is trading like a stablecoin due to stagnant price movements over the past two years. Experts noted in the attached chart that XRP has remained within a…