Ethereum Crashes 22% Dragging Altcoins Below $880B
$ETH plunges 10% to $1,545, erasing $468M in leverage; $ZEC crashes 40% after security flaw found. Altcoin cap drops below $1T. #Update #Crypto $ETH
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
$ETH plunges 10% to $1,545, erasing $468M in leverage; $ZEC crashes 40% after security flaw found. Altcoin cap drops below $1T. #Update #Crypto $ETH
TRON DAO announces $TRX spot listing on Bitnomial, a CFTC-regulated U.S. exchange, expanding regulated access to TRON’s blockchain ecosystem. #Update #Crypto $TRX
XRP falls to $1.110 amid persistent selling pressure and weak buying momentum, testing critical support levels. Institutional demand remains strong despite macroeconomic headwinds. #Update #Crypto $XRP
@Grayscale has filed with the SEC to launch the “Grayscale Canton ETF,” providing exposure to $CC, following its Hyperliquid staking ETF’s success. #Breaking #Crypto $CC
@Ripple partner @SBI_Holdings’ subsidiary, SBI VC Trade, launches Solana (SOL) trading and custody services for institutional investors in collaboration with WIZE to enhance its treasury management. #Breaking #Crypto $SOL
@ForwardIndustries transferred $31.9M in $SOL to Coinbase Prime, amidst a $1.15B unrealized loss on its holdings as corporate crypto treasuries face increasing pressure. #Update #Crypto $SOL
Forward Industries moved 455,784 $SOL worth $31.87M to Coinbase Prime, sparking sell-off fears as it sits $1.13B underwater on 6.83M SOL bought at $232. #Update #Crypto $SOL
Dogecoin’s historical performance in June shows consistent losses, with an average return of -7.29%, making it the most bearish month for $DOGE. #Update #Crypto $DOGE
An analyst identifies an $XRP signal that has preceded every major rally since 2017, highlighting potential bullish movements. #Update #Crypto $XRP
XRP breaks key support as wave structure unfolds, signaling potential further decline to $0.87. Analysts monitor subwave 3 for accelerated downside momentum. #Update #Crypto $XRP
Ripple expands RLUSD via Wormhole’s Native Token Transfers, enhancing cross-chain stablecoin infrastructure and institutional liquidity access. #Update #Crypto $XRP
XRP Ledger Operations announced the upcoming deployment of version 3.2.0, rebranding its core software from rippled to xrpld, requiring updates for infrastructure operators. #Update #Crypto $XRP
@World Liberty Financial has filed a defamation lawsuit against Justin Sun in Florida, escalating their dispute over frozen WLFI tokens valued at over $1 billion. #Update #Legal $WLFI
$SOL is gaining attention as Scott Matherson highlights its potential for a 2024 repeat. No immediate trading impact noted. #Update #Crypto $SOL