LTC/USD Analysis: There Is A Huge Upside Potential
Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31.
The Office of the Comptroller of Currency has announced that banks can now issue stablecoins in exchange for fiat currencies.
Ukraine is one of the countries that are now progressing in exploring the possibility of virtual assets and Central Bank digital currency.
Wisebitcoin’s presence in the digital asset trading industry extends beyond the exchange, with its cloud services anchoring over 200 other exchanges globally.
The petitioners accused the SEC of causing remarkable damage to their XRP coin holdings which has tanked in value since it filed the lawsuit.
The Chinese digital yuan is expected to be the first among other global central bank currencies to enter the public space.
DOGE craze spikes in the new 2021 year following endorsements from popular personalities. The recent tweet by adult start Angela White who admits being a DOGE HODLer pushed the crypto’s price to surge over 125% last weekend.
Van de Poppe has strong forecasts for Bitcoin and is also bullish on Polkadot (DOT), which just recorded a new all-time high.
Ethereum starts the year with a bang skyrocketing over 40% on Sunday, January 3 while making a strong move towards its all-time high. Institutional buying in ETH has also picked up considerably in a few years.
Since December 23 this year, Cardano was moving upwards with a high pace breaking out from resistances up ahead and here it is at this year’s high at $0.197110.
As per the court order from the US District Court of New York, both the parties have been asked to submit a joint statement with the case’s legal arguments, potential motions and likelihood of settlements.
As Bitcoin hits a new all-time high above $28,500, analysts expect that it shall peak-out in early 2021 and thus retail players could get an opportunity to buy at lower levels ahead.
The GMO Trust secures BitLicense to float a Japanese Yen stablecoin in the public. This is for the first time that a company has received approval to bring a JPY-pegged stablecoin.
Unfortunate year-end for Ripple continues as due to the US SEC lawsuit cryptoexchanges are delisting XRP.
Crypto.com noted that the delisting and trading suspension would not affect the withdrawal of XRP.