Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
U.S. listed spot $XRP ETF products surpassed $1.21 billion in total net assets by Dec. 19, attracting retail and institutional inflows despite market weakness, indicating growing interest beyond Bitcoin and Ethereum. #Update #Crypto $XRP
Jarett Dunn sentenced to six years for $2M Solana fraud at @PumpFunOfficial; funds distributed to random wallets, gaining “crypto Robin Hood” status. #Breaking #Legal $SOL
Litecoin ($LTC) closed bullishly, aligning with Bitcoin’s sentiment. Key supports are $75.20 and $80; a break below these signals bearish pressure. Resistance at $79.60 offers shorting potential. #Update #Crypto $LTC
@VanEck has amended its Avalanche ETF filing to allow staking of up to 70% of $AVAX holdings for yield generation, with Coinbase as the initial provider. #Update #Crypto $AVAX
NEAR Protocol’s $NEAR token is now live on Solana, enabling one-click cross-chain swaps without bridging or switching wallets. #Update #Crypto $NEAR
Discussions on $XRP supply resurface as @LordBelgrave highlights Ripple’s escrow system’s institutional focus, hinting at potential disclosures as NDAs expire. #Update #Crypto $XRP
Kalshi integrates TRON blockchain, enabling TRX and USDT transactions, enhancing liquidity and efficiency in prediction markets. #Update #Crypto $TRX
Four XRP spot ETFs now trade in the US with combined assets of $941.7 million, while Ripple’s On-Demand Liquidity processed over $15 billion in 2024. #Update #Crypto $XRP
US XRP exchange-traded funds have reached $1.2 billion in assets with consistent daily inflows since launch, led by Canary’s $335 million AUM. #Update #Crypto $XRP
TRON DAO partners with Base, an Ethereum Layer 2 network by Coinbase, to enable TRX trading on Base-native DEXs via LayerZero, enhancing cross-chain accessibility. #Update #Crypto $TRX
Solana price recovers 6% to near $126 amid Solana Foundation’s quantum computing initiative and Mangoceuticals’ $100M SOL investment. Technical indicators suggest caution. #Update #Crypto $SOL
Mangoceuticals partners with Cube Group to launch a $100M Solana-focused digital asset treasury strategy, targeting 7-20% annualized SOL staking yields. #Update #Crypto $SOL
Solana ($SOL) attempts to hold above $123 after a 7.7% surge; analysts debate potential rally sustainability amid recent price volatility. Crypto $SOL
$DOT remains steady at $1.7793, with trading volume 55% above average as institutional buyers accumulate. Support is strong at $1.72-$1.74, while resistance caps upside at $1.86 #Update #Crypto $DOT
