Today the total cryptocurrency marketcap is over $132 billion. Bitcoin remains just under $3,900 today. Litecoin gained the most out of the top 20 today, with gains of more than 6%. The Venezuelan government recently announced the launch of cryptocurrency remittance services, which can be settled using Bitcoin and Litecoin.
Today we saw Litecoin climb past $55, hitting its highest level in a few months. The last time we saw it at around this level was in November 2018. This day last year the price of Litecoin was just under $200. Litecoin is in 5th place in terms of marketcap.
Argentina’s Ministry of Production and Labour said it will match investments up to US$50,000 for every Argentine blockchain project that receives funding from Binance Labs and LatamEx, via Founders Labs. This is a four year commitment for up to 10 blockchain project per year.
Please remember this is news, not investment advice.
Original of the video here