Litecoin rose over 2%, or $1 on Thursday off November 25 lows, when it marked 17-month lows back then, amid limited short-covering operations currently. 

As of 05:42 GMT, Litecoin rose 2.53% to $30.001, with an intraday high at $3.119, and a two-week low at $28.00. 

The Group of 20 has pledged on Friday after the Argentinean summit to regulate crypto trading in order to combat money laundering and terrorism funding. 

Last month, International Monetary Fund head Christine Lagarde suggested on global central banks and their respective governments the possibility of issuing their own digital currencies to make them more stable and controlled and accessible for all sectors instead of the current mayhem in that market. 

Lagarde believes that payments through digital currencies would be instant, safe, and cheap, and while they would be anonymous, central banks will keep a database of all payments, cutting out fraud and money laundering operations. 

The Path of Litecoin

Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher. 

The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, before marking 17-month lows on November 25 at $27.726.  

Dubai Financial Market (DFM) announced it will list secondary shares of Ajman Bank, which amount to 419.67 million shares, as of today, Thursday, December 6, 2018.

The Dubai-listed Ajman Bank earlier announced that it has successfully raised AED 419.6 million under the rights issue program. The rights issue witnessed a strong demand from investors, the bank said.

It added that, at the end of the subscription period, all the 419.677 million offered shares were covered at a price of AED 1 per share, to increase capital to AED 2.1 billion.

The amount raised from the subscription will boost its capital base and help the bank expand its retail and corporate banking services at the same time.

The bank earlier posted a net profit of AED 40.8 million for the third quarter of 2018, compared with a net profit of AED 39.2 million for the corresponding quarter of 2017.

Net profit for the first nine months of 2018 also rose to AED 119.8 million, compared with a net profit of AED 94.5 million for the same period in 2017.

Silver futures tilted lower in Asian trade off November 5 highs for the third straight session, as the dollar index gave up some ground as well, ahead of US labor and services data later today. 

As of 05:38 GMT, silver futures due in March fell 0.29% to $14.54 an ounce off one-month highs, as the dollar index slipped 0.09% to 96.98 against a basket of major rivals. 

Investors now await US data on private sector employment, expected with an addition of 195 thousand last month, down from 227 thousand in October. 

The productivity gauge is estimated with a 2.3% increase, up from 0.9% in the second quarter, while labor costs are estimated with a 1.1% increase, compared to a 1.0% drop before.  

US unemployment claims are expected to have slipped to 226 thousand, while continuing claims are expected with a 15K drop to 1.695 million. 

The ISM services PMI is expected to have slipped to 59.1 in November from 60.3, while factory orders are estimated with a 1.9% decline, compared to a 0.7% increase in September. 

Gold futures tilted higher in Asian trade as the dollar index gave up ground, ahead of US labor and services data later today. 

As of 04:59 GMT, gold futures due in February rose 0.24% to $1,245.60 an ounce, while the dollar index shed 0.07% to 97.00. 

Investors now await US data on private sector employment, expected with an addition of 195 thousand last month, down from 227 thousand in October. 

The productivity gauge is estimated with a 2.3% increase, up from 0.9% in the second quarter, while labor costs are estimated with a 1.1% increase, compared to a 1.0% drop before.  

US unemployment claims are expected to have slipped to 226 thousand, while continuing claims are expected with a 15K drop to 1.695 million. 

The ISM services PMI is expected to have slipped to 59.1 in November from 60.3, while factory orders are estimated with a 1.9% decline, compared to a 0.7% increase in September.