Gemini Exchange announced that they will be listing Litecoin on October 13. It was announced at the first-ever Litecoin summit held on 14th September 2018. October 13th also turns out to be the 7th Birthday for Litecoin. The news had immediately propelled Litecoin’s price to $58 from $47.
Gemini exchange is currently one of the largest regulated exchange in the US. The exchange currently supports 3 tokens: Bitcoin, Etherum and ZCash. Litecoin will be the 4th token to be listed on the exchange. In terms of volume, Gemini is quite low only having $12 Million of daily trading volume, but due to the number of assets in the Trust, Gemini is counted as one of the larger exchange.
Litecoin is currently trading at $60 and seems to have bottomed out at that price. The 24-hour trading volume has increased by 55% from last week. On 23rd September the 24-hour average trading volume was $311 million and is currently $484 million.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…
A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…
The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…
Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…