One of Canada's biggest digital currency trading platforms Coinsquare recently announced the launch of Coinsquare Licensing, a sector of Coinsquare that offers digital currency trading platforms for businesses.
The crypto market is recovering at least in the short term led by litecoin. The recent cryptocurrency market capitalization was $466 billion its highest level since February 2.
In 2014 bitcoin rose in value to be worth several hundred dollars after being worth virtually nothing at its launch in 2009 and for some time afterward. At around the same time or earlier other cryptocurrencies were issued for various purposes.
Recently the price of litecoin a smaller competitor of bitcoin, and in many ways similar, shared in the meteoric rise of its big brother. Its price more than doubled from Sunday Dec. 10 to over $300 on Tuesday morning.
The cryptocurrency Ripple has more than doubled in price this week and is now the fourth largest by market cap. Ripple has overtaken Litecoin, another alternative coin with similar gains over the past week. Bitcoin's rally is driving the trend.
Not only bitcoin has been soaring to new heights lately but Litecoin a competitive coin released by Charlie Lee on October 13th 2013 based on the bitcoin core but having several differences.
Litecoin is a cryptocurrency sometimes described as the little brother of bitcoin. It has followed bitcoins ups and downs. Some see litecoin as related to bitcoin as silver is to gold.
