NASDAQ Supports Bitcoin(BTC), Litecoin(LTC) and Stellar Lumens(XLM)
USA’s biggest stock exchange, NASDAQ declared support for Bitcoin [BTC], Litecoin [LTC], Stellar Lumens [XLM]. It seems these currencies have a bright future ahead after this declaration. The exchange will make its entry into the digital asset market with some goals for the future including setting a crypto exchange.
The proposal to develop the platform is already in progress as the prominent CEO, Adena Friedman expressed, though no courses of events have been shared till date. This could increase present expectations and change the whole crypto-circle for a positive change.
As indicated by some news reports, NASDAQ is supposedly supporting the previously mentioned currencies with a famous partner, the Gemini exchange which is the first in the nation to be totally authorized exchange platform. Their partnership looks at enabling Gemini to use NASDAQ’s devices and technologies to screen ongoing exchange activities and enlarge security. The trade will back the currencies and furthermore work on building up their own particular crypto exchange platform.
Stellar Lumens [XLM] has been acknowledged much in the ongoing days for its fairly good performance in the market and also for getting numerous enormous deals like collaboration with IBM and Kin Foundation among others. XLM is in the eighth position, showing consistency and steadiness in the unstable market.
The other currency to be upheld by the exchange is the world’s sixth largest digital currency, Litecoin (LTC) which is essentially an offspring of the market’s original currency Bitcoin (BTC). At present, Litecoin (LTC) is being traded at $121 with no significant gains or losses. Its current market cap is at 6.91 billion USD and it is prominently known for its low charges and for being acknowledged widely in different stores and websites.
NASDAQ is also supporting Bitcoin (BTC), which is the largest currency on the planet that has ever been made from the existence of crypto-market. It has a market cap of 128.5 billion USD with no currency even being close to it in terms of figures. It has been at the top and has been ruling the market ever since it came to light.