Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
$DOGE finds stability as bulls regain momentum, guided by insights from financial market expert Aayush Jindal. His analysis highlights key support levels crucial for traders navigating current market dynamics. #Update #Crypto $DOGE (+3) ↗
@Sony’s Soneium blockchain is under fire for allegedly blacklisting memecoins on its launch day, sparking backlash from the crypto community. The controversy highlights ongoing tensions between traditional tech firms and decentralized finance enthusiasts. #Update #Crypto (-4) ↘
@Coinbase has added Peanut the Squirrel ($PNUT) for spot trading, causing the Solana-based memecoin to surge 26.9% to $0.62, with a market cap of $627.9 million. This follows its listing roadmap announcement last month. #Update #Crypto $PNUT (+4) ↗
The cryptocurrency market sees a recovery with $BTC surpassing $97K and $XRP gaining 12%, as traders await U.S. CPI inflation data release today, which could influence market trends. #Update #Crypto $BTC (+4) ↗
XRP price surged over 5%, surpassing $2.550, outperforming Bitcoin and Ethereum, with potential to breach $3.00 if it maintains support above $2.60 on the hourly chart from Kraken data. #Update #Crypto $XRP (+4) ↗
JPMorgan analysts forecast that ETFs based on $SOL and $XRP could attract billions, potentially outperforming Ethereum funds in early trading, despite regulatory challenges from the U.S. Securities and Exchange Commission. #Update #ETF $SOL (+5) ↗
Crypto analyst Javon Marks predicts $DOGE could rally above $20 as it enters a new bull cycle, with historical trends suggesting potential for significant gains. Currently trading around $0.34, Dogecoin has seen a 5% increase in the last 24 hours. #Update #Crypto $DOGE (+3) ↗
Prominent analytics firm @santimentfeed reports a surge in new wallet creations for low-cap altcoins, with AI-related project IQ.wiki ($IQ) leading at 2,500% growth, followed by CARV ($CARV), Frax ($FRAX), and Safe ($SAFE). #Update #Crypto $IQ (+6) ↗
Ripple CEO Brad Garlinghouse criticized outgoing SEC Chair Gary Gensler for his “regulation-by-enforcement” approach amid ongoing legal disputes, as the SEC prepares to file its appeal against Ripple’s recent court victory on January 15. #Update #Legal $XRP (-3) ↘
Bitcoin surged to $96,500 as traders anticipate U.S. inflation data, with $DOGE and XRP leading altcoin gains amid softer PPI readings and speculation about Donald Trump’s pro-crypto executive orders. #Update #Crypto $BTC (+5) ↗
@JPMorgan analysts predict Solana ($SOL) and XRP ETFs could attract billions, but will fall short of Bitcoin ETPs. Despite potential approvals, these funds would manage fewer assets than Bitcoin or Ethereum products. #Update #ETF $SOL (+3) ↗
The top trending tokens are $XRP, with increased interest in its banking efficiency and potential ETF approvals, and $ETH following @Sony’s Soneium launch, sparking active trading. #Update #Crypto $XRP (+3) ↗
Crypto analyst Miles Deutscher warns against expecting a 2021-style altcoin season, emphasizing short-lived rotations and strategic portfolio management amid ongoing market opportunities. Total crypto market cap excluding Bitcoin stands at $1.34 trillion. #Update #Crypto $TOTAL2 (→ 0)
@MangoMarkets, a Solana-based DEX, is closing due to regulatory issues after investigations by the SEC and CFTC. The SEC alleged unregistered token sales and broker activities, leading to penalties and token destruction. #Breaking #Legal $SOL (-8) ↘
