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The Litecoin Cash foundation announced Monday it will split a new cryptocurrency from litecoin, to be called litecoin cash. Meanwhile, litecoin creator Charlie Lee has called the fork a scam.
Here are the current prices:
What else is happening:
- JPMorgan explains why a bitcoin ETF is a 'holy grail' that could change the game.
- So far it looks like very few US citizens are telling the IRS about their crypto trading.
- Wall Street is worried that Nvidia could get caught in a cryptocurrency 'downdraft.'
- Iceland may use more electricity mining bitcoin than powering homes this year.
- Cryptocurrency startup LoopX evaporates from the web, along with $4.5 million of its investor's money.
- London needs to embrace blockchain post-Brexit for the next 'Big Bang moment.'
- JPMORGAN WARNS: There's a 'fairly high risk' bitcoin could get cut in half.
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NOW WATCH: Microsoft President Brad Smith says the US shouldn't get 'too isolationist'
- A 58-story skyscraper in San Francisco is tilting and sinking — and residents say their multimillion-dollar condos are 'nearly worthless'
- Amazon is laying off hundreds of employees — and it shows the danger Seattle and HQ2 face by hitching their prosperity to the tech giant
- Goldman Sachs has spotted an odd way you could make money trading Bitcoin futures
SEE ALSO: South Korea’s defense ministry is taking steps to keep soldiers from getting caught up in the cryptocurrency frenzy
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