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CoinShares launches physically backed Litecoin ETP

European digital asset manager CoinShares continues to actively expand its physically backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP.According to an announcement on Tuesday, CoinShares has launched its CoinShares Physical Litecoin.Listed under the ticker symbol LITE, each unit of the Litecoin ETP is backed with 0.2 LTC ($45) at launch, providing investors with passive exposure to the Litecoin network’s …

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Bitcoin

Technical Breakout Suggests BTC Could Rally Above $40K

Bitcoin price is holding gains above the $38,000 pivot level against the US Dollar. BTC is signaling more gains above the $40,000 resistance zone in the near term. Bitcoin is showing positive signs above the $37,000 and $38,000 resistance levels. The price is trading nicely above the $37,000 zone and the 100 hourly simple moving average. There was a break …

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Miami commissioner wants to let residents pay taxes in Bitcoin

A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes.According to a Thursday document acquired by the Miami New Times, County Commissioner Cohen Higgins has brought a resolution to Miami-Dade’s Infrastructure, Operations and Innovations Committee calling for the establishment of a 13-member crypto task force.The task force would …

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Coinbase frenzy, DOGE dazzles, Bitcoin breaks records, Jim Cramer sells

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCoinbase gets off to a rocky start as it lists on the NasdaqIt was billed as a …

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PayPal-owned Venmo launches cryptocurrency trading

Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin (LTC) and Bitcoin Cash (BCH).Beginning on Tuesday and set to be widely available …

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More Americans have heard of Dogecoin than Ethereum: Survey

In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization.Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular because it became the plaything of …

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How can crypto mining impact world environment?

One of the major problems with cryptocurrencies is the environmental impact that digital transactions have on the planet. The method of bitcoin mining is energy-intensive involving heavy usage of fuels like coal. China contributes to fossil emissions of roughly 40% due to the usage of coal compared to its total usage of energy for bitcoin mining. Many people are concerned …

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Bitcoin Revisits $40K: Here’s Why BTC Turned Attractive On Dips

Bitcoin price gained bullish momentum above the $38,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to remain supported near $37,000. Bitcoin started a steady increase above the $37,000 and $38,000 resistance levels. The price is now trading above the $37,000 zone and the 100 hourly simple moving average. There is a short-term contracting …

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