The cryptocurrency market is booming, as all but 4 coins in the top 100 are seeing gains today. Bitcoin (BTC), the original cryptocurrency, has just broken above the $9,000 threshold. Litecoin is among this morning’s biggest gainers with many others in the double-digit percentage gains category just shortly behind. Today’s spike in the market remains a mystery but it could be that individuals in the Western society might be buying crypto for their Valentines – maybe. Here’s an update on the coins.
Litecoin was the top gaining coin on yesterday’s market and it seems to be continuing its climb today. Charlie Lee, Litecoin’s founder, has just squashed all rumors of Litecoin forks that might have propelled the price of the coin recently. Microsoft also announced that it is looking into using Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for its blockchain-based decentralized IDs (DIDs). “Litepay“ the instant Litecoin payment infrastructure will be launched on February 26th. This is HUGE news for Litecoin and could propel the coin even further.
At press time, Litecoin is trading at $207.94 a coin, up 31.28%, in 24 hours.
Monero is another top coin making a surge today. There have been numerous reports of Monero being mined on Android phones around the globe and it’s surprising that the coin’s price is doing so well. I guess the negative media doesn’t really effect investors view on the underlying project itself – which is nice. However, a U.S based online publication by the name of Salon is giving its readers the option to allow the publication to mine Monero off their unused computing power. Strange but at least they are giving the readers the option!
Currently, XMR is trading at $269.39 a coin, up 13.46%, in 24 hours time.
DASH has made some major news recently, the Arizona-native coin has partnered with Arizona State University to host a blockchain initiative. DASH has also given ASU $100,000 to create an online graduate course aimed at blockchain technology and it will debut this coming fall.
Currently, DASH is trading at $661.77 a coin, up 9.65%, in 24 hours time.
Featured Image: Medium