Litecoin

United

Bitcoin

Green Light

<p><strong>Litecoin recently got the approval and it is now allowed to be traded in Canada.</strong></p> 
<h2 style="text-align: center;" id="canada-approves-litecoin">Canada Approves Litecoin</h2> 
<p>Litecoin <a href="https://en.coinotag.com/major-developments-in-litecoin-ltc-the-canadian-connection/" target="_blank" rel="noopener">has received a huge boost</a> with the Canadian government’s approval. Canada has now allowed <a href="https://walletinvestor.com/magazine/top-10-reasons-to-buy-litecoin-an-exciting-deep-dive" target="_blank" rel="noopener">unlimited trading</a> of Litecoin on cryptocurrency exchanges. This exciting news came straight from Litecoin’s official Twitter account on Canada Day, July 1. Only Litecoin and three other cryptocurrencies have this special approval, whereas other cryptocurrencies have a yearly trading limit of $30,000.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">🇨🇦 🍁 Canada Day 🍁🇨🇦</p> 
 <p>Canada has approved <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LTC</a> and 3 other cryptos for unlimited trading on exchanges. Other cryptos will have a $30,000 annual limit. <a href="https://t.co/6mKya8q6GD">pic.twitter.com/6mKya8q6GD</a></p> 
 <p>— Litecoin (@litecoin) <a href="https://twitter.com/litecoin/status/1675096923420737537?ref_src=twsrc%5Etfw">July 1, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 style="text-align: center;" id="halving-is-just-around-the-corner">Halving Is Just Around the Corner</h2> 
<p>The next halving event is coming up shortly for Litecoin and it is scheduled for August 2, 2023. This will be the third time Litecoin has had a halving event. What happens is the reward for miners gets cut in half. It’ll go from 12.5 LTC down to 6.25 LTC. This event makes Litecoin more rare, which has often led to a price increase in the past. Recently, Litecoin’s price has been going up dramatically, and this halving event might be the reason.</p> 
<h2 style="text-align: center;" id="litecoin-hits-a-milestone">Litecoin Hits a Milestone</h2> 
<p>Litecoin has been reaching new heights recently. It broke through a big barrier when it crossed the $100 mark. This was the highest price for for the coin in the last 14 months. The hash rate of Litecoin, which shows how much processing is happening on the blockchain, has been a big factor in this price increase.</p> 
<h2 style="text-align: center;" id="litecoin-stays-clear-of-sec-attention">Litecoin Stays Clear of SEC Attention</h2> 
<p>Interestingly, Litecoin has managed to avoid attracting regulatory attention from the United States Securities and Exchange Commission (SEC). The SEC has been worried about unregistered securities, especially cryptocurrencies that use proof-of-work like Bitcoin and Litecoin. But so far, Litecoin hasn’t been targeted by the SEC.</p> 
<h2 style="text-align: center;" id="a-call-for-blockchain-policy-in-canada">A Call for Blockchain Policy in Canada</h2> 
<p>The Canadian government’s approval for unlimited Litecoin trading isn’t the only crypto news in the country. The House of Commons Standing Committee on Industry and Technology has asked the government to come up with a national blockchain policy. The committee wants a clear policy that shows Canada’s regulatory stance and support for the blockchain industry. They also want the government to create a unique regulatory system for stablecoins, which would separate them from other crypto assets.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">Canada has recently granted approval for unlimited trading of <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LTC</a> and three other cryptocurrencies on exchanges.<a href="https://twitter.com/hashtag/webgtr?src=hash&amp;ref_src=twsrc%5Etfw">#webgtr</a> <a href="https://twitter.com/hashtag/btc?src=hash&amp;ref_src=twsrc%5Etfw">#btc</a> <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a href="https://twitter.com/hashtag/binance?src=hash&amp;ref_src=twsrc%5Etfw">#binance</a> <a href="https://twitter.com/hashtag/eth?src=hash&amp;ref_src=twsrc%5Etfw">#eth</a> <a href="https://twitter.com/hashtag/bnb?src=hash&amp;ref_src=twsrc%5Etfw">#bnb</a> <a href="https://twitter.com/hashtag/LTC?src=hash&amp;ref_src=twsrc%5Etfw">#LTC</a> <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Litecoin</a> <a href="https://twitter.com/hashtag/canada?src=hash&amp;ref_src=twsrc%5Etfw">#canada</a> <a href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a href="https://twitter.com/hashtag/Exchange?src=hash&amp;ref_src=twsrc%5Etfw">#Exchange</a> <a href="https://twitter.com/hashtag/cryptomarket?src=hash&amp;ref_src=twsrc%5Etfw">#cryptomarket</a> <a href="https://twitter.com/hashtag/TwitterDown?src=hash&amp;ref_src=twsrc%5Etfw">#TwitterDown</a> <a href="https://twitter.com/hashtag/FranceProtests?src=hash&amp;ref_src=twsrc%5Etfw">#FranceProtests</a> <a href="https://twitter.com/hashtag/Paris?src=hash&amp;ref_src=twsrc%5Etfw">#Paris</a> <a href="https://twitter.com/hashtag/CWC23Qualifiers?src=hash&amp;ref_src=twsrc%5Etfw">#CWC23Qualifiers</a> <a href="https://twitter.com/hashtag/Francia?src=hash&amp;ref_src=twsrc%5Etfw">#Francia</a> <a href="https://t.co/pZ3SNv1CLQ">pic.twitter.com/pZ3SNv1CLQ</a></p> 
 <p>— WebGTR | Innovative Tech Solutions Made Simple🇮🇳 (@WebGtr) <a href="https://twitter.com/WebGtr/status/1675151566490279938?ref_src=twsrc%5Etfw">July 1, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 style="text-align: center;" id="price-predictions-for-litecoin">Price Predictions for Litecoin</h2> 
<p>With the exciting news from Canada and the upcoming halving event, people are wondering where Litecoin’s price will go next. It’s already tested the $106 mark. Some analysts predict that Litecoin’s value will continue to rise. One analyst even suggests that Litecoin could reach a target of $140. Only time will tell, but for now, things are looking up for Litecoin.</p>

Litecoin Gets the Green Light in Canada

Table of Contents

WalletInvestor

Άλλα άρθρα που δημοσιεύτηκαν στις 1 Ιουλ 2023

Bitcoin Whales and Sharks Surge in Accumulation Amid ETF Launch Announcements

Analyzing Ripple’s Influence on XRP’s Market; Debunking Price Manipulation Claims

Who is Changpeng Zhao (CZ), the Founder of Binance?

Leancoin Burned Today: 106,734,010.01

FTT Token Surges by 35% as FTX Exchange Announces Reboot Bidding Process

Binance Piques Interest with Cryptic Twitter Post: A Celebration Hint

Join our free newsletter for daily crypto updates!