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Tether’s USDT stablecoin currently controls over 75% of the stablecoin market, up from 55% in 2022, according to data released on September 16th.This growth reflects the growing demand for USDT as a trusted intermediary between fiat currencies and digital assets.With $118 billion in circulating supply, USDT is seeing steady adoption across the cryptocurrency market, backed by the company’s strong financial performance. Last month, Tether generated $400 million in revenue, strengthening its position as a leading stablecoin issuer.Tether’s growing market share highlights its importance in the digital asset space, where investors often rely on USDT to hedge against market volatility. Stablecoins…
Sponsored post* Litecoin bulls are gaining momentum, sending the cryptocurrency soaring as traders look forward to further gains. Meanwhile, DTX Exchange’s upcoming DEX wallet is making waves and attracting the attention of Uniswap (UNI) traders looking for better security and lower fees. Uniswap faces increasing competition and changing trader preferences highlight DTX’s potential to disrupt the decentralized exchange market. Litecoin (LTC) Price Ready for Bullish Breakout After Consolidation: Key Resistance Levels Come into View Litecoin (LTC) price appears to be on the brink of a triangle consolidation decline. The recent rejection from resistance is poised to cause a strong rebound…
Making trading decisions has become very tiring these days. Times are uncertain, and the cryptocurrency market has been at its most volatile of late. Despite some impressive moves in Cardano (ADA) and Litecoin (LTC), the price movement is not enough to trade.DTX Exchange (DTX), on the other hand, offers both short-term and long-term benefits along with the opportunity to access high-quality DeFi from its features. Presale is a great opportunity to collect profits in 2024, but it is still in stage 3. Read below for more information.Cardano: ADA prices do not match network activityThe Cardano network recently switched to a…
Bitcoin, Litecoin, and Monero are currently receiving a lot of attention from investors. Recent data from ChangeNOW reveals that the trading volume of these cryptocurrencies is rapidly increasing. ChangeNow is a popular trading service that does not require registration and is preferred by experienced investors and large holders who value the safety of their funds. An increase in the number of transactions suggests a potential accumulation phase and indicates future growth potential for these coins. Bitcoin market shows bullish signals with upside potential Bitcoin’s current price is hovering between $55,738 and $58,931. It is above the 10-day moving average and…
While Tron’s market performance remains strong, VeChain and Litecoin are approaching critical resistance levels. ChangeNOW, a popular crypto exchange platform that does not require registration, has noticed an increase in trading volumes for TRX, VET, and LTC. This surge suggests that security-concerned investors are hoarding these digital assets, suggesting potential for future growth. TRON (TRX) Shows Bullish Potential Amid Steady Growth Tron’s current price is located between $0.1471 and $0.1582, just below the immediate resistance at $0.1633. Recent growth was around 17% over the last month, suggesting a bullish trend. With a 10-day moving average near $0.1508 and a low…
Cryptocurrency is a volatile asset. Even if it’s up today, it could be down tomorrow. Prices often fluctuate like a roller coaster due to minor incidents or whale activity. This volatility often causes investor apathy, with money flowing from poorly performing tokens like Polygon and Litecoin to the best performing crypto projects like Rollblock. While still in pre-sale, Rollblock has raised more than $3.5 million from investors. It is one of the most popular tokens at the moment, with experts predicting a 100x return when it launches on exchanges. Polygon has not yet established itself beyond MATIC Polygon is an…
Savvy crypto investors are talking about Solana, Cardano, and Litecoin. These digital currencies are gaining momentum as trading volumes increase. Data from ChangeNOW shows growing interest among investors. This service is popular among whales and people who prioritize the safety of their funds. The surge in transactions suggests a potential accumulation phase and hints at future growth for these cryptocurrencies. The Solana market is turbulent: Are the bulls active or the bears holding back? Solana (SOL) is showing signs of potential, trading between around $121 and $138. This pushed the price above the support level at $112 but still below…
Contributor Editor: Ann Maria Shiv Posted: September 15, 2024 | Last updated: September 21, 2024 Litecoin has broken above an important trend line, suggesting that bullish momentum could continue ahead of the target price. On-chain indicators show mixed sentiment, with large holders remaining cautious while smaller participants are becoming more active. Litecoin (LTC) was gaining strong bullish momentum after breaking above a key trend line and was showing signs of a possible breakout. According to a post by crypto analyst Jonathan Carter on the X Platform (formerly Twitter), it was trading at $65.33 at the time of writing, and this…
While Litecoin (LTC) and Chainlink (LINK) have struggled to gain traction with volatile prices and no clear bullish trend in sight, new players are gaining attention. ETFSwap (ETFS) is quickly attracting the attention of crypto investors and stands out as a strong contender in a market looking for strong performers. ETFSwap (ETFS) Demonstrates Market Advantage as Debut Approaches There is currently a clear increase in interest from market participants in the ETFSwap (ETFS) DeFi platform and its native token. Unlike traditional crypto projects such as Litecoin (LTC) and Chainlink (LINK), the ETFSwap (ETFS) defi platform offers a new and unique…
Cryptocurrency markets are known for their volatility and complexity, with assets often moving in unpredictable ways. However, market value is not necessarily the only thing that matters. In some cases, the value of a coin can exceed its financial value. Let’s take the case of Litecoin as an example. Consider how Litecoin saved Dogecoin and complemented Bitcoin for small-scale transactions. Litecoin was launched in 2011 by former Google engineer Charlie Lee as a “lite” version of Bitcoin. Its goal was to solve some of the problems faced by Bitcoin, such as slow transaction times and scalability challenges. Litecoin’s block generation…