Cryptocurrencies have grown tremendously in the last few years and are still growing in popularity. There are many different types of cryptocurrencies on the market, but which one is the right investment for you? In this article, we will grasp the current upgrades of Litecoin (LTC), Ripple (XRP) and Snowfall Protocol (SNW) and their performance in the encrypted financial market.

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple (XRP) for selling unregistered securities, claiming that XRP is a security and not a product. In addition, the U.S. Securities and Exchange Commission accused blockchain company Ripple (XRP) of fraudulently raising $1.8 billion through the sale of encrypted currencies. Recently, a presiding judge ruled in favor of Ripple (XRP), safeguarding the privacy of third parties and the security and confidentiality of Internet interests that send money. Ripple's (XRP) lawsuit has been getting a lot of attention across the crypto street, and despite the positive upgrades, the currency's price has tumbled. Ripple (XRP) is currently priced at $0.35, down more than 11% from last month. While the drop is not just because of the lawsuit, it is an important factor in gauging the state of the Ripple (XRP) system.

In early December, the Litecoin (LTC) network saw many currency injections or withdrawals, as evidenced by statistics from the cryptocurrency exchange service WhaleAlert. 1,300,940 Litecoins (LTC) were transferred from each wallet on the blockchain, with a total market cap of nearly $97.4 million. In addition, transferring 500,000 Litecoin (LTC) tokens to Binance for $37.4 million is the most relevant currency movement here. The transaction constitutes a Litecoin (LTC) currency injection into the exchange, as the currency is transferred out of personal wallets. These inflows are likely to have a negative impact on Litecoin (LTC) in the near future, as one of the main reasons investors deposit coins on such platforms is to sell them, which will also increase the selling pressure. The price of Litecoin (LTC) seems to be rising at the moment, so if you look at the monthly chart, it has fallen by more than 11% so far. Only time will tell if Litecoin (LTC) will keep its price up, but with a sale looming, it is more likely to drop.

As the first cross-chain communication protocol, Snowfall Protocol (SNW) enables the movement of fungible and irreplaceable assets between blockchains, regardless of whether they are compatible with EVM or not. When the network is operational in January 2023, it will be with the Snowfall Protocol (SNW) dApp, a secure and user-friendly asset sharing platform. The team also showed the prototype of the Snowfall Protocol (SNW) dApp to his text community, which has received some positive comments so far. Although a participant in the encrypted financial market, Snowfall Protocol (SNW) has become the best choice for investors. Snowfall Protocol (SNW) is running its final round of pre-orders right now. The first two phases were very successful, with a price increase of more than 400%. In addition, Snowfall Protocol (SNW) raised 3 million yuan in the first two rounds after selling nearly 200 million tokens. The current price of Snowfall Protocol (SNW) is $0.14, which is 400% higher than the price of the first stage. The continued rise in the price of the Snowfall Protocol (SNW) has convinced the crypto community that it will soon rise further.

At this stage, the privacy runway is still in its infancy. With the recent ban of TornadoCash, wanting to know more about privacy regulation issues has been discussed on a large scale. This article discusses the current policies of countries around the world on strict supervision of the blockchain market industry and the privacy track. Although there are no laws and regulations related to the privacy track of the blockchain technology, traditional laws and regulations related to information privacy protection and compliance Governance schemes are still available for the blockchain technology privacy runway. In terms of the verification performance of privacy contracts, the supervision of privacy agreements is the consensus of privacy protection agreement projects and will also become a development prospect.

At the application level of privacy, transaction privacy and on-chain data information privacy are the current key directions, especially at the level of asset protection against MEV and giant whales. In the future, with the rapid development of new application fields, such as DID and entertainment, as well as the entry of traditional institutions into blockchain technology, it will soon usher in the breaking point of the privacy track.

In the information age, all our own information content and behaviors are displayed in the form of data carriers. Compared with the influence of traditional media in the era, Internet technology can now spread in a very fast form. At the same time, any storage of electronic information Once the software is connected to the Internet, it becomes a probable target of hackers in any country, and everyone has "nowhere to hide."