Development wise, prospects of lightning Network and Casa should boost prices. This comes at a time when Litecoin has been agitating for mass adoption by forming strategic partnerships with payment providers, news of a one-in-all solution that simplify LN node set up and channel transactions further reflect the divergence between fundamentals and price technicals. Regardless, bears are yet to breach $50 and it doesn’t matter when but once they do, LTC would be available for cheap allowing enthusiasts and coin believers to accumulate this under priced digital asset.
CoinBase remains one of the world’s largest cryptocurrency trading in the world if not the most influential. The clout might be because of location, it’s in the US so regulatory oversight is top notch, their custodial exchange type and warm crypto laws makes the crypto exchange attractive to investors or consumers across the sphere. Talking of trading and CoinBase Pro, the trading interface which was rebranded from GDAX on May 23 and given a face lift has begun offering support for a couple of coins as LTC/GBP. Though the path towards full trading support is in lock steps, traders can at least deposit directly to their GBP wallets without the need of conversion as before. What this means is that UK traders, though contributing less than one percent of the global trading volumes would have an easy time making same day deposits and withdrawal.