The cryptocurrency market is trending upwards today as most coins within the top 100 are currently trading in the green. Bitcoin (BTC) is currently trading over $6,600 and Ethereum (ETH) is just below the $300 mark.
Let’s take a closer look at Ripple (XRP), EOS, and Litecoin (LTC) today and the latest movements with each of these projects.
Ripple has been making steady moves with its xRapid product lately.
— Cory Johnson (@CoryTV) August 16, 2018
xRapid is Ripple’s product geared towards financial institutions, that is powered by XRP. Just recently, Ripple signed partnerships with three crypto exchanges to make them preferred exchanges for the US dollar, Mexican Pesos, and Philline Pesos.
At press time, XRP is trading at $0.337 a coin, up 2.56%, in 24 hours. Ripple remains the third largest cryptocurrency by its total market cap.
Block.one, the company that invented EOS, is in the middle of their global hackathon. The EOS hackathon is a competition incentivizing developers to build dApps on the EOS platform for cash prizes.
The Beijing hackathon and Sydney hackathon have already been completed and the two other locations for the upcoming hackathons have been announced. The grand finale location and date has yet to be announced.
The next EOS hackathon will take place in London, on Sept 22nd and 23rd and the fourth hackathon in San Francisco will be held on November 10th and 11th. Exact locations of these events are TBD.
At press time, EOS is currently trading at $5.03 a coin, up 5.32%.
There hasn’t been any major news regarding Litecoin this week, but last week, ItBit announced that it would be trading LTC soon.
Looks like ItBit will be trading Litecoin soon! https://t.co/b1uP41C4g0
— Charlie Lee [LTC⚡] (@SatoshiLite) June 14, 2018
ItBit is a digital currency trading platform that is regulated by the NYDFS. This is expected to drive up the price of the cryptocurrency.
Also, the first Litecoin Summit will be taking place in 22 days on September 14th and 15th. Tickets are still on sale and it will be held at the South San Francisco Conference Center, in San Francisco, California.
At press time, LTC is trading at $75.61 a coin, up 4.36%, in 24 hours.
Featured Image: BiancoBlue