{"id":133554,"date":"2024-07-20T13:00:34","date_gmt":"2024-07-20T10:00:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133554"},"modified":"2024-07-20T13:01:03","modified_gmt":"2024-07-20T10:01:03","slug":"one-of-the-biggest-finanncial-giants-adds-litecoin-to-its-offerings","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/one-of-the-biggest-finanncial-giants-adds-litecoin-to-its-offerings\/","title":{"rendered":"One of the Biggest Financial Giants Adds Litecoin to its Offerings"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/www.fidelity.com\/learning-center\/trading-investing\/what-is-litecoin\" target=\"_blank\" rel=\"nofollow\">move<\/a><\/strong> by the financial powerhouse, which manages over $12 trillion in assets, marks a significant step for <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/litecoin\/\">Litecoin<\/a><\/strong>, known as the \u201csilver to Bitcoin\u2019s gold.\u201d<\/p>\n<p>Litecoin, created by Charlie Lee, was designed to offer a faster and cheaper alternative to <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>. Recently, its hashrate reached 1.1 PetaHash per second, enabling efficient and low-cost transactions. Unlike Bitcoin, which has a cap of 21 million coins, Litecoin has a maximum supply of 84 million and undergoes halvings every four years, making it a preferred choice for transactions.<\/p>\n<p>A standout feature of Litecoin is its MimbleWimble Extension Blocks (MWEB) protocol, which enhances privacy by concealing wallet balances. Activity on MWEB has surged, with increased transactions and balances over the past year. Litecoin processes transactions in about 2.5 minutes per block and maintains low transaction fees.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-skyrockets-20-in-a-week-what-experts-expect\/\" title=\"Solana Skyrockets 20% in a Week &#8211; What Experts Expect\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/solana-171-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Skyrockets 20% in a Week &#8211; What Experts Expect<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Recent data highlights Litecoin\u2019s strong performance compared to other cryptocurrencies. Insights from IntoTheBlock show Litecoin surpassing Dogecoin in transaction volume, averaging $2.85 billion in transactions over $100,000 daily, despite Dogecoin\u2019s larger market cap.<\/p>\n<p>Currently, Litecoin trades at $72.75, reflecting a 2.24% rise in the past 24 hours, with a 5.28% increase in trading volume to $285,874,050. This growth indicates a renewed interest in Litecoin as the crypto market recovers.<\/p>\n<p>In summary, Fidelity\u2019s inclusion of Litecoin is expected to increase demand for LTC, driven by Fidelity\u2019s extensive reach and the growing interest from both retail and institutional investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity Investments has expanded its digital asset offerings to include Litecoin (LTC), alongside Bitcoin and Ethereum.<\/p>\n","protected":false},"author":3,"featured_media":105466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-133554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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