Bitcoin Surges as Avalanche Hyperliquid Rally
Avalanche ($AVAX) surged 10.1% to $32.59 amid a broader crypto rally after the Federal Reserve’s rate cut and Avalanche’s $1 billion Digital Asset Treasury plan announcement. #Update #Crypto $AVAX
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
NFT Transforms into BMW Apecar at IAA
BMW handed over the unique “Apecar 1/1” to collector Dennis Weidner, transforming a BAYC NFT into a bespoke vehicle at IAA Mobility in Munich. #Update #NFT
Ripple Launches Trading and Lending with DBS
@Ripple partners with @DBSBank and Franklin Templeton to launch trading and lending services using RLUSD stablecoin and tokenised money market funds, enhancing portfolio management for institutional investors. #Update #Crypto $XRP
XRP ETF Launches September 18 CME Options October 13
XRP is gaining traction with new ETF products in the U.S., while CME Group plans to list options on XRP futures on Oct. 13, enhancing market access. $XRP #Update #Crypto
Binance Coin Surges Toward $1,000 Mark
$BNB price rally nears $1,000 as bulls aim higher. No immediate trading triggers identified. #Update #Crypto $BNB
Solana Treasury Expansion: $4B Equity Launch
Forward Industries (@ForwardInd) files a $4B at-the-market equity program with the SEC to expand Solana treasury strategy and acquire income-generating assets. #Update #Crypto $SOL
Avalanche Launches KRW1 Stablecoin by BDACS
South Korea’s BDACS launched KRW1, the first Korean won-backed stablecoin on the Avalanche blockchain, fully backed by reserves at Woori Bank. #Update #Stablecoin $AVAX
Binance Whispers Propel BNB Past $960
Changpeng “CZ” Zhao’s X profile update to “@binance” fuels speculation of a return, as $BNB price rises amid US Justice Department talks. Legal constraints still apply. #Update #Crypto $BNB
SafeMoon Victims Sought by FBI
The FBI seeks SafeMoon investors for restitution after CEO Braden John Karony’s fraud conviction, highlighting DeFi enforcement challenges. #Breaking #Legal
Cardano Surges Past Resistance Eyes $1
Cardano ($ADA) drops 7% to $0.876 amid profit-taking, testing $0.87–$0.85 support; Openbank’s integration boosts adoption narrative. #Update #Crypto $ADA
XRP Options Launch After $16B Futures Surge
CME Group to launch $XRP and $SOL options with daily expirations in October, signaling increased institutional interest. #Update #Crypto $XRP
XRP Options Launch Amid Soaring Futures Demand
CME Group to launch options on $SOL and $XRP futures by Oct. 13, responding to rising demand; over 540K $SOL contracts traded since March, totaling $22.3B in value. #Update #Crypto $SOL $XRP
Solana Surges as Bull Run Gains Momentum
Solana’s bullish momentum continues as $SOL trades above key moving averages, with RSI and MACD indicators supporting potential gains. Price action consolidates near $235 support. #Update #Crypto $SOL
SEC Approves DOGE XRP ETFs Tomorrow
REX Shares plans to launch Dogecoin ($DOGE) and XRP ($XRP) ETFs, potentially the first US exchange-traded products for these cryptocurrencies. Approval by the SEC is pending. #Update #Crypto $DOGE