Price of Bitcoin as of 12.50pm EDT $8,416
Today Bitcoin managed to succeed in $8,300 once more. This day final 12 months bitcoin was solely round $6,500. This week Bakkt introduced a launch date for bitcoin futures testing. On July 22nd, Bakkt will provoke person acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US.
This week we noticed the value of Litecoin hit its highest degree in 13 months. The litecoin halving is now solely 52 days away.
This signifies that the mining reward will probably be halved. On June 10th, Charlie Lee tweeted, after halving, miners are nonetheless worthwhile with electrical energy beneath 10¢. Many are paying solely 5¢ and subsequently ought to maintain mining LTC post-halving. When requested a few warning for worth volatility, just like 2019 when costs reached $300. Lee responded that the warning will probably be precisely the identical, so he doesn’t plan to concern one other warning. Litecoin hit an all time excessive in December of 2019. In December 2019, we noticed Litecoin fall all the way in which to round $23 as crypto sentiment generally was fairly damaging round this time. Litecoin is performing a lot better over the previous few months. On Wednesday noticed it climb all the way in which previous $142. Today the value is round $132, at the present time final 12 months it was round $96. Litecoin is in 4th place by way of marketcap.
Please keep in mind that is information, not funding recommendation.
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