The portal has further published a new report mentioning the growing interest of Chinese investors in the new-age virtual currency Litecoins.
London, UK (PRWEB) January 04, 2014
For being one of the first Litecoin News providers, ForexMinute has always been the earliest to report the latest activities happening around this virtual currency. The portal has further published a new report mentioning the growing interest of Chinese investors in the new-age virtual currency Litecoins.
The reporter of the story, Mr Jonathan Millet, drove his conclusion on Chinese investors’ escalating interests in Litecoins, after analysing the increasing number of Litecoin transactions on leading Chinese trading platforms. He also reported that “China’s OkCoin platform has more transactions than all the other global platforms combined”, while also admitting that it can just be a “temporary speculation by Chinese and other global investors”.
Although the story reported by Mr Millet indeed has strong grounds if one looks at the recent fluctuations in the Litecoin prices. The reporter has also published several authentic Litecoin News in the past, which has discussed the currency’s captivating acceptance by the global investors and traders.
The other reason of Litecoin’s popularity, as speculated by the ForexMinute’s financial experts, is its ability to give a strong competition to its distant-cousin Bitcoin. Based on the fact that Litecoins are cheaper than Bitcoins, and also are available easily than the first-ever digital currency, Litecoins has proved be a great alternative for investors and traders throughout the world.
ForexMinute have posted many of such fundamental analysis of this new cryptographic currency – available right at its reliable Litecoins News section. Readers can visit the section at: http://www.forexminute.com/litecoin.
ForexMinute, the world’s leading Forex news and views portal, has become a one-stop solution provider for Forex traders and brokers as well as Bitcoins news. It provides all the required tools to individuals to become a professional Forex trader. Also, it helps Forex brokers provide high-end user-friendly trading experience to traders with an array of resources e.g. financial news by the minute, fundamental analysis, technical analysis, Forex tools and others.
For more information, visit http://www.forexminute.com or call +1 800 758 5780.
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