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Logistics Operator UPS Studying Utility for Litecoin and 4 Others - Litecoin News, LTC Price. Monday, August 20

20 august 2018, 08:49 by Jofor Humani

Important Litecoin Cryptocurrency News

US Representative Discloses Investment in Litecoin

The US Representative Tulsi Gabbard who represents Hawaii’s second congressional district has declared that she has made an investment in Litecoin and Ethereum in 2017 with both investments under $15,000. Gabbard who has represented the 3 rd Hawaiian district since 2013 made the disclosure through the latest financial disclosure form she filed on Tuesday.

Although there are no indications for her choice of Ethereum and Litecoin, both are among the five top coins according to market capitalization and have been of interest to investors.

Her disclosure is sequel to that of another representative Bob Goodlatte, Chairman of the House Ethics Committee who disclosed that he holds crypto assets worth $80,000 in Bitcoin, Bitcoin Cash and Ethereum which are the top, second and third coins according to market capitalization.

Logistics Operator UPS Studying Utility for Litecoin and 4 Others

Delivery services UPS has been reported to be exploring ways of employing the distributed ledger technology to solve some of the intricate challenges associated with its services.

The global supply chain company that has been in operation for more than a century has seen potentials in blockchain and are planning to leverage on cryptocurrency ledgers such as that of Bitcoin, Ethereum, Litecoin, Ripple and Dogecoin  in its quest to streamline complex operations.

Litecoin Could be the Best Investment Option Among Digital Currencies Says Report

A report prepared for eToro by the crypto analyst Matti Greenspan is claiming that Litecoin could be the most undervalued coin presently. The report which called Litecoin the silver if Bitcoin is the gold said that Litecoin has similar uses to Bitcoin added that it is closer to “liquid money” than other assets used as store of value.

Part of the report said,“Litecoin (LTC) is by far one of the most established networks in the crypto space. It is already being used by many as a store of value and means of exchange and so can be considered as money”

LTC Price

LTC/USD Price Chart, Monday August 20th:

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