Cardano ETF Launch Grayscale’s ADA Milestone
@Grayscale filed to list a Cardano ($ADA) ETF on the NYSE, marking its first standalone ADA product. $ADA spiked 1.5% to 71 cents following the news. #Update #ETF $ADA (+4) ↗ (Source: CoinDesk)
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Solana Surpasses Ethereum in Tokenization Race
DailyHodl: Anthony Scaramucci of @SkyBridge says $SOL is preferred over $ETH for its speed and lower fees, predicting it will lead in tokenization. #Update #Crypto $SOL (+3) ↗
Crypto ETFs: LTC Leads in Approval
Bloomberg analysts predict higher approval odds for $LTC ETFs over $DOGE, $SOL, and $XRP due to its commodity status by CFTC. #Update #ETF $LTC (+5) ↗ (Source: CryptoBriefing)
Cardano Founder Challenges USAID Bitcoin Stance
@IOHK_Charles criticizes USAID for funding projects portraying $BTC as right-wing extremism; controversy arises amid Trump’s administration funding freeze affecting USAID operations. #Update #Crypto $BTC (-3) ↘ (Source: CoinGape)
Crypto ETFs Forecast: Solana XRP Dogecoin
Bloomberg analysts predict approval odds for $SOL, $XRP, $DOGE, and $LTC ETFs with Dogecoin at 75% due to SEC views on commodities. #Update #ETF $DOGE (+3) ↗ (Source: CoinGape)
Nasdaq Files XRP Litecoin ETFs
CoinGape: @Nasdaq files 19b-4 for @CoinShares’ $XRP and $LTC ETFs with the US Securities and Exchange Commission, signaling potential approval under a supportive regulatory environment. #Update #ETF $XRP (+6) ↗
Memecoin Investor Transforms $5K into $12M
A trader turned $5,000 into $12M with $CAR, a meme coin launched by the Central African Republic’s president, highlighting crypto volatility. #Update #Crypto $CAR (+7) ↗ (Source: Hodl.Press)
XRP Lawsuit Ends Before ETF Approval
CoinGape: @Ripple’s lawsuit with the SEC may conclude before the anticipated XRP ETF launch, according to attorney Jeremy Hogan, despite ongoing regulatory uncertainties. #Update #Legal $XRP (+3) ↗
Solana Breakout Looms Analyst Targets 565
Crypto analyst Trader Tardigrade predicts $SOL could rally to $565 as an ascending triangle forms, with current price at $202. #Update #Crypto $SOL (+3) ↗ (Source: NewsBTC)
Memecoin Breakthrough Simplifies Trading on Telegram
@CryptoGO launches a Telegram mini-app for seamless memecoin trading on the Solana blockchain, enabling fiat purchases without blockchain knowledge. #Update #Crypto $SOL (+3) ↗ (Source: News.Bitcoin)
Nasdaq Files for XRP Litecoin ETFs
@Nasdaq files 19b-4 forms for @CoinShares’ $XRP and $LTC ETFs, aiming to capitalize on favorable US regulatory changes. #Update #ETF $LTC (+6) ↗ (Source: CryptoBriefing)
Meme Coin Surges $900M Then Crashes
The Central African Republic’s President launched the $CAR meme coin, which surged to a $900M market cap before crashing. #Update #Crypto $CAR (-7) ↘ (Source: Decrypt)
TRON 2024 Record Growth Revealed
@MessariCrypto, @cryptoquant_com, @CryptoRank_io, and @Cointelegraph highlight TRON’s 2024 growth in DeFi and stablecoin adoption with record transactions and ecosystem expansion. #Update #Crypto $TRX (+6) ↗ (Source: CryptoBriefing)
Binance CZ: No Meme Coins Bought
Binance co-founder CZ confirms he hasn’t bought meme coins or NFTs, emphasizing focus on fundamentals amid ongoing market speculation. #Update #Crypto $BNB (→ 0) (Source: Decrypt)