“Following yesterday’s news that Bitcoin had passed the $1000 mark, the halo effect continues this morning with the crypto-currency market capitalization site coinmarketcap.com reporting that Litecoin has joined the billion dollar virtual currency club. Litecoin is currently trading at $48.99 (as of writing).  At present, all crypto-currencies are alternative currencies, as no nation has adopted a crypto-currency alternative to fiat money, although recent interest from U.S. regulators have helped the various Crypto-currencies soar. Last week, regulators and lawmakers indicated that the currency provided as much opportunity for good as for harm.”

http://www.forbes.com/sites/reuvencohen/2013/11/28/cryto-currency-bubble-continues-litecoin-surpasses-a-billion-dollar-market-capitalization/

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