Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.
Ukrainian authorities are betting on Blockchain and Big Data? Cryptocurrency market overview
The Ukrainian Startup Fund will allocate more than $18 million for the development of projects over two years. During the selection, priority will be given to companies working with Big Data, artificial intelligence, blockchain, etc. Each team can count on an amount in the region of $3,000. Is someone else investing in crypto startups?
Belarusian Stock Exchange Currency.com , which began work in January of this year and attracted investments of $ 10 million, will advise the Ukrainian government on the development of cryptocurrency legislation.
Another cryptocurrency exchange has added support for the Russian and Ukrainian languages.
A subsidiary of the manufacturer of cryptocurrency wallets Blockchain, The PIT exchange is starting to work in the CIS countries, and has already made changes to the interface. And Binance added new trading pairs with the Russian ruble to the listing. Popular coins BNB, BTC, ETH and XRP will be pegged to the Russian currency. On the LocalBitcoins platform, users from Russia continue to show an increased interest in cryptocurrencies, and took first place in terms of trading volume on this exchange – 27% of the total volume, or in the amount of 4335 BTC. Soon in Russia all the money will go not to offshore, but to bitcoins. In second place in terms of trading volume was, as expected, Venezuela with 14% of all transactions. In the United States, a tenth of all transactions on the stock exchange were carried out in November, and in China – less than 5%. Venezuela also became the leader in the number of BTC per person, overtaking Russia, Colombia, Sweden and Hong Kong.
Users from Tajikistan may also soon switch to cryptocurrencies. From December 3, transfers from Russia will be suspended in the country due to the introduction of a new system of transfers through the National Bank. Western Union and other popular international transfer services are not yet connected to the National Bank system.
