Latest Market News
As we move through the first month of the year, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Wrapped Litecoin (WLTC) is launching on the TRON blockchain as a TRC-20 token.
The Dfinity team has revealed that the mainnet of their »Internet Computer« blockchain has been live since December 18.
Stellar is the talk of the town in the cryptocurrency community today, thanks to a massive surge in the price of its native asset XLM. The XLM price gained an absolutely massive 120% in the last 24 hours, displaying a price spike that’s truly remarkable for a large-cap cryptocurrency. But why did Stellar gain over 100% in 24 hours?
What a difference a year can make. In 2020, Bitcoin managed to surge by an extraordinary 340%, causing many banks across the globe to soften their view on cryptocurrencies and start offering cryptocurrency services to their clients.
As we venture into 2021, we took a time to reflect on the year that is now behind us by checking out the cryptocurrencies that delivered the best performance in 2020. Here are the 10 best cryptocurrency performers of 2020.
The U.S. Securities and Exchange Commission (SEC) officially revealed that they have filed a lawsuit against Ripple on December 22, 2020. In the lawsuit, the SEC alleges that Ripple, as well its CEO Brad Garlinghouse and executive chairman Brad Garlinghouse raised $1.3 billion through the sale of unregistered securities – the XRP coins, over last seven years. As a result, the price of XRP plummeted below $0.50 following its good price performance in November. Nevertheless, it was the news about cryptocurrency exchanges, including big names like Coinbase and Binance.US suspending XRP trading, that has put the final nail into XRP’s coffin.
As we start 2021 and move through Q1, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
With Bitcoin continuing to provide fresh ATH prices, a handful of altcoins have struggled quite severely this week. Interestingly, all of these coins tickers start with the letter ‘X’ and, therefore, we decided to dub them as “The X Coins.”
In 2020, we saw the emergence of many new crypto assets, ranging from completely new projects to projects that were already present but hadn’t launched their mainnets or tokens yet. Here's our list of the top 5 cryptocurrencies that launched in 2020.
