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LTC and DYDX: Altcoin Analysis for December 19, 2023
BTC has been trading within a broad sideways range between the support level of $40,200 and resistance at $43,600 for two weeks. Here's a market overview of the alternative cryptocurrencies Litecoin (LTC) and dYdX (DYDX) as of Tuesday, December 19. 
The Litecoin Community Tests an LTC-20 Standard
The developers of Litecoin, often referred to as the "digital silver," have meticulously scrutinized the outcomes stemming from the adoption of the Bitcoin Ordinals protocol and BRC-20 tokens. Encouraged by their findings, they have resolved to replicate this paradigm within the Litecoin network. Bitwise, Canary to list first U.S. Solana, Litecoin, HBAR ETFs
Bitwise Asset Management and Canary Capital will introduce the first U.S. exchange-traded funds tied to Solana, Litecoin and Hedera on Tuesday. Bitwise’s Bitwise Solana Staking ETF (BSOL) will list on the New York Stock Exchange Arca, while Canary’s Litecoin ETF and HBAR ETF will begin trading on Nasdaq. 
One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220.
Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets.
EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago.
It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities. 