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$1.5 Billion Of BTC, ETH And LTC Has Been Illegally Gambled During The World Cup

Police in Guangdong, a city in China have allegedly arrested hundreds of individuals for their involvement in an illegal gambling ring that has seen the gambling of $1.5 Billion in cryptocurrencies over the world cup period. This stems from an investigation across 21 security firms within Guangdong that in total has seen arrests of 540 people, all of whom have had involvement in the organization of illegal gambling rings. According to CCN: “In an announcement, the Guangdong Provincial Public Security Department narrowed down on a specific unnamed online gambling platform that facilitated over RMB 10 billion ($1.5 billion) in cryptocurrency...

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Market Update - XRP, BCH, EOS And LTC Continue To Fall

It’s hardly breaking news that the markets are down, again, is it? As the bears continue to squeeze the life out of the markets, we are seeing value pour out of cryptocurrencies at a shocking rate. We might even see some new 2-3 month lows over the coming days should this trend continue and indeed, we do expect that this might be the case. Of course, don’t let this bring you down. Whilst your portfolio might be looking a bit light, hold on for now because eventually the markets will regain some value. We don’t know when, but we know...

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Litecoin Price Up With News Of New Acquisition

Breaking news from the Litecoin Foundation has seen Litecoin take a new direction. At the time of writing, Litecoin is up 0.87% and is only expected to rise through the day. Of course, this rise is only very minor, but given the current state of the markets, it is encouraging Litecoin to really stand out. At the time of writing, Litecoin’s neighbours EOS and Stellar are down 7.78% and 5.25% respectively. What’s happened that is taking Litecoin up? According to Coindesk, the Litecoin Foundation have acquired 9.9% of German Bank, WEG Bank AG, after taking the share from TokenPay. TokenPay...

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The Decline Of Litecoin Through 2018, What Does Litecoin Need To Reach The Top?

When we talk about cryptocurrencies falling through the year, and market declines, many of us focus on Bitcoin as a point of reference. The justifications for this are obvious, Bitcoin is the most dominant cryptocurrency and thus has a big impact on the markets. It is however important that we explore similar currencies in order to gauge how the rest of the year will pan out for these currencies. Litecoin in particular has been impacted quite badly this year, seeing an overall decrease from the 2018 all time high of $303.95, down to the present value of Litecoin at $82.23....

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Market Update: Prices Up But Bitcoin Cash And Litecoin Lag Behind

A positive trend seems to have taken hold of the markets this morning as many major cryptocurrencies are well up over the past 24-hours. Much of the damage caused by the market decline at the end of June now seems to be settled and thus, we are finally seeing some value pumped back into the markets. This is not a recovery, nor are we about to enter a market surge, however at the very least, increasing values is good news for the bulls among us. Let’s see how the markets stand- At the time of writing, Bitcoin is valued at...

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