CNBC Fast Money Trader giving rise to Litecoin

Brian Kelly, a Bitcoin "televangelist" from CNBC business channel, started buying and promoting Litecoin on TV which gave rise to the price of cryptocurrency
19 December 2017   2168

Brian Kelly is known as CNBC Fast Money Trader, the founder and CEO of BKCM LLC, an investment firm focused on digital currencies,and the author of "The Bitcoin Big Bang – How Alternative Currencies Are About to Change the World".

In the recent episode of CNBC's Fast Money program, Brian Kelly claimed that he had bought Litecoin and had made this decision based on a lot of advantages that Litecoin provides.

    The main advantages of Litecoin according to Brian Kelly:

    • It has a technical lead over Bitcoin
    • You get very fast confirmation times, its faster than Bitcoin and you can move it around the world very quickly
    • It is now accepted at Steam, the online-gaming community that used to accept only Bitcoin 

    At the moment of press, these are main market parameters of Litecoin:

    • Average price: $361,77
    • Marketcap: $19 671 093 273
    • 24h volume: $2 374 450 000

    Cryptopia to Support Deposits and Wthdrawals Again

    “Hot” wallets will be replenished manually from Monday to Friday between 09:00 and 17:00 New Zealand time
    16 April 2019   260

    Affected by the actions of hackers in mid-January, New Zealand Crypto Exchange Cryptopia opened up the possibility of depositing and withdrawing Bitcoin, Litecoin and Dogecoin.

    As stated in the company, “hot” wallets will be replenished manually from Monday to Friday between 09:00 and 17:00 New Zealand time. Withdrawals will be unavailable at other times or on local national holidays.

    According to some reports, the damage from a hacker attack on Cryptopia could have amounted to $ 16 million, and the exchange itself said that in the worst scenario, it lost a maximum of 10% of all its funds.