The major developments in the cryptocurrency sphere happen to be; Korea’s largest bank is working on a cryptocurrency custody service, Coinbase Card expands to six more European nations.
While the cryptocurrency intelligence firm CryptoCompare teams up with Nasdaq on cryptocurrency pricing product.
On the other hand, the market is generally stale since the king of coins has not been able to showcase any major breakthroughs in the last seven days. But this didn’t stop other currencies to soar high and beyond the previous high trading marks.
Once again Litecoin (LTC) is proving to be the best out of the top ten crypto assets. LTC/USD pair is trading at one hundred and thirty-eight dollars ($138), up over eight and a half percent (8.76%) in the past twenty-four (24) hours with a total volume of a little short than two billion dollars ($1.86) billion.
Litecoin’s halving event is estimated to take place on August 6th, 2019 and is thought to be the driving force behind LTC’s impressive rally: the altcoin is up by twenty-five percent (25%) in the last 2 weeks.
Tron is the second strongest contender in the past twenty-four (24) fours trading at $0.03188 the currency is up by over five percent (5.39%).
While Binance Coin is the third contender before the king of cryptocurrencies Bitcoin and the queen Ethereum in the past twenty-four (24) hours trading at over thirty-three and a half dollars ($33.85) the currency is up
At the time of writing, Bitcoin (BTC) is trading at seven thousand nine hundred and eighty-nine dollars ($7,989) up by almost two and a half percent (2.47%) with a volume of over two and a half billion dollars ($2.59b).
WHile Ethereum (ETH) is trading at two hundred and forty-eight dollars ($248.9) up by over three and a half percent (3.60%) with a volume of one and a quarter billion dollars ($1.23b) in the past 24 hours. The MVIS CryptoCompare Digital Assets 10 Index, it is currently tracking at 3,9437 (+0.92%).