Cardano Whales Sell 4M ADA in Week
Cardano’s $ADA falls below $0.60 as whales offload 4M tokens, intensifying bearish sentiment amid market downturn. Analysts see potential for recovery post-selloff. #Update #Crypto $ADA
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
XRP Price Lags Despite Real-World Growth
XRP’s price steadiness reflects its growing real-world use, says Bayberry Capital, as traders shift from $BTC and $ETH to accumulate $XRP. #Update #Crypto $XRP
Solana Valuation Soars with Wall Street Adoption
As institutional tokenization accelerates, discussions arise on whether $SOL could rival $ETH as the preferred blockchain for Wall Street, potentially reaching a market cap of $880B by 2030. #Update #Crypto $SOL
XRP Targets $5.5 Surge Analyst Predicts
XRP holds firm at $2.18 despite market drawdown, with potential upside to $5.5 if weekly closes above $2.94, according to @HovWaves’ Elliott Wave analysis. #Update #Crypto $XRP
Evernorth’s XRP Holdings Drop $95M Amid Market Weakness
Commonware secures $25M funding led by Tempo, backed by Stripe, to enhance stablecoin settlement infrastructure. Reflects fintech interest in blockchain. #Update #Crypto
XRP Crashes 15% Bearish Divergence Looms
$XRP’s price correction continues with bearish divergence indicating a potential revisit to $2.05. Technical analysis suggests further downside risk. #Update #Crypto $XRP
Dogecoin ETF Launches by Bitwise in 20 Days
Bitwise plans to launch a spot $DOGE ETF within 20 days via automatic approval unless the SEC intervenes. Recent crypto ETFs tied to $SOL, $LTC, and $HBAR debuted. #Update #Crypto $DOGE
Dogecoin ETF Launches with Ticker and Fees
@Bitwise prepares to launch its spot Dogecoin ETF, disclosing ticker BWOW and a 0.34% management fee, with SEC decision due by November 12. DOGE price rises 1.30% to $0.166. #Update #Crypto $DOGE
Ethereum: ARK Invest Acquires 240K BitMine Shares
Ark Invest acquired 240,507 shares in Bitmine Immersion (BMNR), focusing on an Ethereum treasury strategy. The purchase spans multiple ETFs, underscoring Ark’s commitment to crypto investments. #Update #Crypto
XRP Price Gains Fade After Weak Session
XRP price gains fade as market turns cautious after another weak session, reflecting investor uncertainty. #Update #Crypto $XRP
XRP Trading Launches 100x Leverage Europe
@Gemini introduces XRP perpetual contracts with up to 100x leverage across Europe, boosting derivatives trading and institutional interest. #Update #Crypto $XRP
XRP Wallet Growth Soars to 8-Month High
XRP experiences record wallet growth and reduced whale outflows, indicating a potential market bottom despite recent price declines. #Update #Crypto $XRP
Cardano Surges Toward $0.72 Resistance
Cardano ($ADA) rebounds from $0.52 support, trading at $0.53 with bullish signals indicating potential rise to $0.72; long positions at 52% reflect trader confidence. #Update #Crypto $ADA
XRP Surges 30% Outshines Bitcoin Ethereum
Ripple’s $XRP gains momentum as @Ripple partners with @Mastercard, testing blockchain credit transactions; speculation on a BlackRock XRP ETF fuels institutional interest. #Update #Crypto $XRP