Crypto Surges: Altcoins ETF and Musk
CoinGape: Grayscale launched the Bitcoin Miners ETF, ticker MNRS, while filing for spot XRP and Polkadot ETFs. Elon Musk’s DOGE push suggests a potential 900% rally. #Update #Crypto $DOGE (+6) ↗
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
XRP ETF Conversion Grayscale Proposal
CoinDesk: @Grayscale has filed with the SEC to convert its XRP Trust into an ETF, aiming for a NYSE listing as institutional interest in $XRP grows. #Update #ETF $XRP (+4) ↗
Dogecoin Surge Whales Acquire 560M DOGE
NewsBTC: Dogecoin whales have acquired 560 million $DOGE in one week, signaling increased confidence in the cryptocurrency’s potential future value. #Update #Crypto $DOGE (+3) ↗
Cardano Price Surge Predicted to $1.40
CoinGape: Cardano ($ADA) could see a 40% price surge to $1.40 by March 2025, driven by a symmetrical triangle pattern and increased investor confidence. #Update #Crypto $ADA (+4) ↗
Solana Meme Coin: Musk’s Father Promotes
Decrypt: Errol Musk endorses Solana-based meme coin Musk It ($MUSKIT) to fund the Musk Institute, despite Elon Musk’s non-involvement and their strained relationship. #Update #Crypto $MUSKIT (-3) ↘
Altcoin VIRTUAL Soars 28 on Upbit Listing
CoinDesk: @Upbit lists $VIRTUAL, boosting its price 28% to $2.61, nearing a key resistance level amid increased exposure to South Korean traders. #Update #Crypto $VIRTUAL (+6) ↗
Avalanche Breakout Target Set at $56
NewsBTC: @Avalanche has formed a bullish falling wedge, targeting $56 if breakout succeeds, amid recent 13% price surge and ongoing market volatility. #Update #Crypto $AVAX (+4) ↗
Meme Coin Surges 2200% After Endorsement
Bitcoin.com: @MuskIt ($MUSKIT) surges 2,200% after Errol Musk announces $200M fundraising for Musk Institute; $SPX and $AIC also gain significantly. #Update #Crypto $MUSKIT (+7) ↗
XRP Price Surge Predicted to $70
CoinGape: Analysts predict $XRP could surge to $70, with current trading at $2.9725, supported by strong market trends and historical performance patterns. #Update #Crypto $XRP (+3) ↗
Solana Surges Higher But Faces Catch
DailyHodl: @CredibleCrypto turns bullish on $SOL after it bounces off a key level, but cautions against resistance at 0.003 BTC hindering further gains. Solana trades at $237. #Update #Crypto $SOL (-2) ↘
Bitcoin Surges: January’s Stellar Performance
CoinDesk: Bitcoin ($BTC) sees an 11% gain in January, tied for second-best month in ten months, following pro-crypto policies from President Trump. #Update #Crypto $BTC (+4) ↗
XRP Ledger Clawback Boosts USD Trading
CoinDesk: XRP Ledger’s ‘Clawback’ feature is now live, enhancing Ripple USD trading capabilities. #Update #Crypto $XRP (+3) →
Ethereum Founder Vitalik Buterin Prefers Altcoins
Decrypt: Ethereum founder Vitalik Buterin reveals less than 10% of his assets are in Bitcoin, with most holdings in $ETH; Ethereum price rises 4% to $3,403. #Update #Crypto $ETH (+3) ↗
Dogecoin Trust Launches by Grayscale
TheBlock: @Grayscale has launched the Dogecoin Trust, offering investors exposure to $DOGE as a share-based format, highlighting its role in global financial inclusion. #Update #Crypto $DOGE (-3) ↘