Litecoin (LTC) and EOS: the Ups and Downs of Crypto (2024)

May 29, 2018Samara Malkin

Litecoin (LTC) and EOS: the Ups and Downs of Crypto (1)

Litecoin (LTC) and EOS are showing the two ends of the crypto spectrum - one up and one down. EOS experiences a slight snag on its way to its mainnet launch while Litecoin receives nothing but support.

EOS

EOS is currently selling for $12.08, which puts the coin down 0.68% in the past 24 hours.

Litecoin (LTC) and EOS: the Ups and Downs of Crypto (2)

A recent EOS vulnerability was revealed that indicated the entire EOS network could have been taken down once the mainnet launched.The vulnerability would have allowed malicious smart contracts to enter the EOS network and infiltrate all EOS nodes on the blockchain. Whoever controlled the malicious smart contractwould then control the network - including giving them access to all transactions, private keys, wallets, and exchanges.That's a pretty big deal, but, thankfully, nothing the EOS team couldn't handle. After being informed of the vulnerability, the EOS team worked to resolve the issues, and the vulnerability has now been reportedly fixed.This means that the EOS mainnet launch will be going ahead as scheduled and, hopefully, won't include any nasty surprises.You can read more about the EOS vulnerability and how it was fixed.EOS's price dipped when the vulnerability was revealed, but now that word has gotten out the problem has been resolved, things look to be settling down once more.Will EOS make a comeback in time for its mainnet launch?>> EOS Mainnet Launch Countdown: BithumbWill Do the Token Swap for You

Litecoin (LTC)

Litecoin (LTC) is currently selling for $120.39, which puts the coin up 5.25% in the past 24 hours.

Litecoin (LTC) and EOS: the Ups and Downs of Crypto (3)

It's nothing but good news for Litecoin as the Nasdaq exchange reveals its support behind the cryptocurrency.Nasdaq has dabbled in showing its interest in cryptocurrency, from possibly launching a crypto exchange of its own to the CEO stating her enthusiasm for the digital currencies. Now, Nasdaq has gone a little further, saying it's prepared to back several cryptocurrencies.One of those cryptocurrencies is Litecoin, which Nasdaq says it chooses to support because of the coin's growth potential. Since becoming compatible with Blocknet, Litecoin can perform cross-chain operations. It's also always been a coin known for its speedy and cheap transactions, which Nasdaq also approves of.Find out what other cryptocurrencies Nasdaq is looking to support.Litecoin's price has begun growing in the past few hours. Will the coin continue to grow?>> More Litecoin Payments Made Possible Through iPayment Inc.Featured image: Free-Photos via Pixabay

STOCKS YOU MAY LIKE

Altcoins

Altcoin Season? Bull Run Continues While Bitcoin Stalls

Sep 18, 2019Caileam Raleigh

All but two of the top 15 cryptocurrencies are trading upwards today as altcoins continue their bull run, while Bitcoin (BTC) is down 0.45%. Many analysts are predicting that the altcoin bullish run recently indicates ... [Read]

Altcoins

Apr 12, 2018Chelsea Roh

The cryptocurrency market is on the rise today, as Bitcoin (BTC) increased $1,000 in price this morning. It remains unknown why this occurred as there isn't any major news that would give investors the green ... [Read]

News

Ripple Price Sees Bullish Movement after Judge Denies Lawsuit – Connected?

Aug 15, 2018Caroline Harris

Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected.But why? Is XRP's activity Wednesday linked to the Ripple lawsuit? ... [Read]

Ripple

Ripple Price Analysis: June 18, 2018

Jun 18, 2018Caroline Harris

When it comes to Ripple, there are two things people want to know the most. Either they are looking for a Ripple price analysis, or they are looking to see if Ripple, the software company, ... [Read]

Altcoins

Ethereum and Ripple Price Plummeted to a 4-Month Low

Mar 29, 2018Siraj Sarwar

Ethereum (ETH) and Ripple (XRP) price slumped to afour-month low today, amid a broader selloff in cryptocurrency markets. The total market capitalization dropped more than 60% in the past three months after regulators and analyst ... [Read]

Ripple

Ripple Price Plunged to One-Month Low, but Its CEO is Right about Regulators

Mar 8, 2018Siraj Sarwar

Ripple price (XRP) extended its underperformance since the start of this week; market pundits are suggesting different reasons for this – including the increasing supply of ripple coins and some are blaming its centralized nature. ... [Read]

Ripple News

Ripple Price Has Retreated – Coinbase Kills Rumors

Mar 6, 2018Siraj Sarwar

Is Ripple joining Coinbase? That rumor started yesterday and caused Ripple price to soar more than 20% in early trading. Investors were certain of the coins inclusion on the Coinbase trading platform.Coinbase President Asiff Hirji ... [Read]

Ripple

Ripple Price Is Blowing Up And A Further Upside Is Ahead; Here’s Why

Mar 5, 2018Siraj Sarwar

Ripple price (XRP) soared substantially from $0.90 to $1.08 in only a few hours; the move was supported by several factors, including the potential inclusion of XRP to Coinbase tradable instruments. The unusual growth in ... [Read]

Litecoin (LTC) and EOS: the Ups and Downs of Crypto (2024)
Top Articles
Latest Posts
Article information

Author: Annamae Dooley

Last Updated:

Views: 6398

Rating: 4.4 / 5 (65 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Annamae Dooley

Birthday: 2001-07-26

Address: 9687 Tambra Meadow, Bradleyhaven, TN 53219

Phone: +9316045904039

Job: Future Coordinator

Hobby: Archery, Couponing, Poi, Kite flying, Knitting, Rappelling, Baseball

Introduction: My name is Annamae Dooley, I am a witty, quaint, lovely, clever, rich, sparkling, powerful person who loves writing and wants to share my knowledge and understanding with you.