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Litecoin (LTC) Is One Move Away From Being In Free-fall

Litecoin (LTC) investors are still too optimistic about the upcoming halvening event in August. However, what most of them do not realize is that a lot could happen between now and August. It is clear that this hype cycle has run too far and LTC/USD has profited enormously off it. To be more precise, the whales that orchestrated this rally likely profited off the most because they just pumped the price at each point and the overly excited retail bulls took it from there. The daily chart for LTC/USD shows the kind of growth we have seen during the past...

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NEO 3.0: Major Changes to Smart Contract Platform Unveiled

Erik Zhang, the co-founder and core developer at NEO, unveiled the future roadmap for his team’s platform for decentralized applications. The third major update to the NEO protocol - known as NEO 3.0 - will allow for the deployment of large scale commercial application ready solutions on the blockchain. In other words, the NEO platform is being bolstered for enterprise use. In a recent Medium blog post, Zhang said the updated protocol will feature higher throughput, better stability, an optimized smart contract system and an expanded range of development tools that could be critical to the blockchain network’s underlying infrastructure....

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Can Ethereum (ETH) Preserve Its Gains After The Surprising Rally?

Ethereum (ETH) has made a surprising rally that has taken the community by surprise but it is unlikely that this rally will have the momentum to preserve its gains. RSI on the 4H time frame has now run into a trend line resistance and shows a bearish divergence. The price has also faced strong resistance at the top of the ascending channel and has now retraced. This fake out was expected as a possibility because the bears had become too comfortable shorting Ethereum (ETH) within the descending triangle. A decline at stages like these is never too obvious and as...

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New All-Time High for Ethereum dApps

Even though there are reports that Ethereum has been conceding the market share of decentralised applications (dApps) - after owning almost a hundred percent of the industry just a year ago - ETH transactions volume has reported a new all-time high. Ethereum has hit an all-time high in dApp-based transactions for Ether last month, according to a report from the analytics firm Diar. this beats out the previous record set in December of last year. April’s high fro ETH-based transactions which amounted to 776,000 Ether sent on-chain through decentralised applications which were the culmination of a four-month growth trend in...

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Ripple Launch New 4.0 Update: 200 Banks to Integrate xRapid

David Schwartz, the Chief Technology Officer at Ripple Labs, has said that the latest version of its cross-border payment solution xCurrent is now live, giving its 200-plus customers a way to implement the XRP-powered xRapid with just the flip of a switch. Schwartz took to Twitter to say that the upgrade was officially launched: “4.0 is live. We’re working to get all customers upgraded, but it’s a complex process. Multihop, xRapid support, much easier peering, and a much easier customer integration process are the major new features.” This upgrade promises “Increased Product Interoperability” and offers banks and financial organisations that...

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