Litecoin (LTC) enthusiasts have reason to celebrate as Microsoft (NASDAQ: MSFT) now accepts LTC for payments. BitPay, a cryptocurrency payment processor, announced the development in a recent post on the social media platform X. This means that Litecoin holders can now use their LTC coins to add funds to their Microsoft accounts. BitPay has been actively expanding Litecoin’s adoption, having previously announced that LTC is accepted at Mecum Auctions, a platform specializing in the sale of collectible cars, vintage motorcycles, and road art.
In another development, Binance, a prominent cryptocurrency exchange, has launched zero fees on trading pairs involving XRP and Dogecoin (DOGE). The trading pairs include XRP/FDUSD, DOGE/FDUSD, BNB/FDUSD, ETH/FDUSD, LINK/FDUSD, and SOL/FDUSD. FDUSD is a fiat-backed stablecoin introduced by First Digital. The zero-fee trading initiative is set to begin on December 8 at 12:00 a.m. (UTC) and will continue until further notice. This move is expected to benefit all users, who will not incur any maker or taker fees for the specified spot and margin trading pairings.
Samson Mow, CEO at Jan3 and a notable Bitcoin supporter, shared his insights on the current state of the flagship cryptocurrency, Bitcoin (BTC). According to Mow, the ongoing BTC rally differs from the previous one. While the last bull run was fueled by a significant injection of quantitative easing money into the economy, the current situation involves a process of quantitative tightening, with the U.S. Federal Reserve raising interest rates. Despite these changes, investors are actively acquiring substantial amounts of Bitcoin. Mow advises Bitcoin holders to stay vigilant and “pay attention” to the evolving market conditions.