Upcoming Litecoin Halving to Be Celebrated by $1 Mln Giveaway from OKEx Crypto Exchange

  • Yuri Molchan
    📰 News

    📄 🙃Following its vague tweet, OKEx exchange now explains what they meant by ‘liting up the darkness’🤔☀


Upcoming Litecoin Halving to Be Celebrated by $1 Mln Giveaway from OKEx Crypto Exchange

Earlier, U.Today reported that the Chinese OKEx exchange had tweeted about some plans regarding Litecoin. However, that was a tweet that allowed many interpretations.

Now, OKEx has disclosed some details.

Seven campaigns and a $1-mln giveaway

As OKEx has written in Twitter, it intends to celebrate the approaching Litecoin halving, which is due to take place in August. This is what they meant by intending to ‘lite up the darkness’.

The platform is going to launch seven campaigns, including giveaways in order to celebrate this important for the LTC community date.

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The first campaign has already started and will continue until June 11. To take part, investors need to deposit crypto and start trading on the C2C LTC market of the exchange.

This will give them a chance to get some of the €65,000 amount set forth by OKEx.

Litecoin.com reports that OKEx has provided no details regarding the other six campaigns. However, it seems that each of them will enable users to win $1 mln in crypto overall.

Cover image via u.today
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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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Ripple’s XRP Is on the Cusp of Major Breakout

  • Alex Dovbnya
    📰 News

    ⚡🕓 XRP has so far shown a rather underwhelming performance in 2019, but the upcoming weeks look very promising 🔮👀


Ripple’s XRP Is on the Cusp of Major Breakout
Contents

Cryptocurrency trading expert claims that XRP investors should be ready for big gains as technical indicators look very bullish for their favorite remittance token.

The XRP price is currently sitting at $0.43, and the $0.45 resistance level seems very hard to surpass.

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Another rally is just around the corner

As reported by U.Today, XRP got a major boost after it was announced that it would be used by MoneyGram for conducting cross-border payments.

Ripple acquired 10 percent of the MoneyGram, making its shares spike by an eye-popping 150 percent.

After the MoneyGram hype died down, XRP experienced a slight setback, but another price surge seems imminent.

The traders are about to witness a major breakout confirmation in the form of a golden cross. Once XRP forms this bullish pattern, the sky's the limit – it could go as high as $3.30, thus retesting its current ATH.

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XRP will follow Bitcoin

The analyst also points out that XRP’s future breakout could be accelerated by another upward move on Bitcoin’s side.

The number one cryptocurrency has recently reached $9,400 for the first time in more than 13 months, and it is currently vying to reach $9,500, another major support level before hitting $10,000.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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