Litecoin Cash Hits 1-Day Volume of $233,030.00 (LCC)

Litecoin Cash (CURRENCY:LCC) traded up 1.9% against the U.S. dollar during the 24 hour period ending at 14:00 PM ET on April 21st. During the last week, Litecoin Cash has traded up 34.3% against the U.S. dollar. One Litecoin Cash coin can now be purchased for $0.22 or 0.00002397 BTC on major exchanges including Trade Satoshi, YoBit, Octaex and CryptoBridge. Litecoin Cash has a total market cap of $127.40 million and $233,030.00 worth of Litecoin Cash was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Mixin (XIN) traded 5% higher against the dollar and now trades at $1,518.30 or 0.16202700 BTC.
• Fusion (FSN) traded up 5.4% against the dollar and now trades at $5.96 or 0.00063629 BTC.
• XinFin Network (XDCE) traded 9.1% lower against the dollar and now trades at $0.0098 or 0.00000104 BTC.
• Bean Cash (BITB) traded up 1.9% against the dollar and now trades at $0.0108 or 0.00000115 BTC.
• Qbao (QBT) traded up 25.8% against the dollar and now trades at $0.41 or 0.00004365 BTC.
• Bitcoin Atom (BCA) traded 3.8% higher against the dollar and now trades at $1.33 or 0.00014203 BTC.
• Measurable Data Token (MDT) traded 1.2% higher against the dollar and now trades at $0.0829 or 0.00000884 BTC.
• ClearCoin (CLR) traded 0.1% lower against the dollar and now trades at $0.0118 or 0.00000126 BTC.
• DAO.Casino (BET) traded 10.3% higher against the dollar and now trades at $0.0274 or 0.00000293 BTC.
• ProCurrency (PROC) traded down 7.3% against the dollar and now trades at $0.0096 or 0.00000102 BTC.

About Litecoin Cash

Litecoin Cash (LCC) is a coin. Its launch date was February 3rd, 2018. Litecoin Cash’s total supply is 567,269,707 coins. The Reddit community for Litecoin Cash is /r/LCCofficial and the currency’s Github account can be viewed here. The official website for Litecoin Cash is litecoinca.sh. Litecoin Cash’s official Twitter account is @LitecoinFork.

Buying and Selling Litecoin Cash

Litecoin Cash can be purchased on the following cryptocurrency exchanges: CryptoBridge, YoBit, Exrates, Trade Satoshi, Mercatox, Stocks.Exchange, Octaex and SouthXchange. It is usually not currently possible to purchase alternative cryptocurrencies such as Litecoin Cash directly using U.S. dollars. Investors seeking to acquire Litecoin Cash should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Litecoin Cash using one of the aforementioned exchanges.

Source: https://weekherald.com/2018/04/28/litecoin-cash-lcc-reaches-market-cap-of-93-83-million.html

A gold trading company has a plan to make the industry for precious metals more sustainable using the technology behind bitcoin

Employees push a trolley laden with crates of one kilogram gold bars at the YLG Bullion International Co. headquarters in Bangkok, Thailand. Getty Images/Dario Pignatelli/Bloomberg

Tradewind raised $10.6 million from industry participants to build out its digital gold trading platform. 

Tradewind is working with companies across the gold industry to develop a way to keep track of gold along the supply chain to ensure sustainability.

Tradewind, a precious metals trading platform, has raised more than $10 million from big players in the gold industry as it aims to make the gold market more sustainable. 

The company, which counts upstart stock exchange IEX as a backer, told Business Insider on Wednesday that it closed a $10.6 million fundraise involving gold companies Agnico, Goldcorp, Wheaton Precious Metals, IAMGOLD, as well as investment firms Sapphire Ventures and Sprott. The fundraise is on the heels of a previous round earlier this year which raised $22.8 million.

The company's original mission was to enable the digital trading of gold on a blockchain-based trading platform. But it's also looking to improve aspects of the gold business across the supply chain, the company's president Matt Trudeau said in an interview. 

"The digitization of physical assets makes them less costly to trade," Trudeau said. 

The company is working with companies across the gold industry to develop a way to keep track of gold along the supply chain, from when it's mined to when it trades, to ensure sustainable practices are being utilized.

There have been similar initiatives in other markets. Some of the world's largest food companies are making a bet that blockchain technology, the digital ledger system that underlies bitcoin, can help improve food safety, as reported by my colleague Becky Peterson. Dole, Driscoll's, Tyson, and Nestlé are collaborating with IBM to develop a blockchain for the food supply system. 

Tradewind is also expanding into new markets, including Asia and Europe, and plans to add new products to the marketplace including silver. 

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Gemini increases cryptocurrency trading oversight with Nasdaq's technology

NEW YORK (Reuters) - Gemini Trust Company announced on Wednesday it is increasing oversight of its cryptocurrency trading using Nasdaq Inc's market surveillance technology to detect manipulation and fraudulent trades.

FILE PHOTO: Cameron Winklevoss (L) speaks in front of a New York State Department of Financial Services (DFS) virtual currency hearing in front of his brother Tyler in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas Jackson

Gemini is owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss.

Nasdaq's surveillance technology called SMARTS Market Surveillance will enable Gemini to monitor all its trading pairs, including: bitcoin/U.S. dollar, ether/dollar, and bitcoin/ether, Gemini said in a statement.

The technology will also oversee activity across the Gemini auction process u sed to determine the settlement price for the bitcoin/XBT futures contracts that trade on the Cboe Futures Exchange.

Around the world, governments are debating how to regulate cryptocurrency trading, a market that critics say remains opaque and vulnerable to risks such as money laundering.

New York Attorney General Eric Schneiderman last week sought information from 13 cryptocurrency trading platforms, including Gemini Trust, about their operations such as fee structures and safety measures to protect customer accounts.

Bitcoin rose to a six-week high on Tuesday on the possible entry of major financial institutions into the cryptocurrency market.

The virtual currency gained after a brutal 50 percent loss in the first quarter of the year, following a nearly 1,400 percent surge in 2017.

Reporting by Gertrude Chavez-Dreyfuss; Editing by Lisa Shumaker