Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Ripple CEO Brad Garlinghouse expects a resolution soon in the SEC v. XRP case, critical for U.S. crypto regulation. Despite a partial win last year, XRP’s status as a security for institutions remains unsettled. Garlinghouse urges clear rules, citing the EU’s MiCA as a model. #CryptoRegulation
Ripple’s $XRP surged 40% to $0.6034, fueled by SEC settlement rumors. Despite ex-SEC lawyer dismissal, bullish patterns and political moves, including a $1M donation to the Commonwealth Unity Fund, hint at future gains. #Update
The Meme Games presale raised over $100K in 24 hours, debuting as the official memecoin for the 2024 Paris Olympics. Priced at $0.009, it offers a 25% bonus for winners in a 169-meter sprint. #Crypto #Update
Grayscale has launched the first-ever Decentralized AI Fund, allowing investors to gain exposure to AI coins like $NEAR, $FIL, $RNDR, $LPT, and $TAO without directly handling digital currencies. NAV per share is $9.97 as of July 16. #Update #CryptoNews
Binance will delist $ICP/$BNB and $MAV/$TUSD pairs on July 19 due to low liquidity. Despite this, $ICP rose 8% to $10.12, and $MAV surged 8% to $0.2304. Binance also launched “The Battle of The Meme Dogs” featuring $SHIB and $DOGE, ending July 29. #Update
Cardano’s Node 9.0.0 launched, setting the stage for the Chang hard fork and on-chain governance via CIP-1694. This upgrade is crucial for decentralization and includes Delegate Representatives and on-chain voting. Exchanges and stake pools must update for the transition. #Cardano #Update
Ripple’s potential SEC settlement buzz grows as 150M $XRP ($87.49M) moves on July 17. XRP jumps 11.50% to $0.609 with 38% weekly gains. Futures open interest up 20.23% to $818.02M. Whale shifts 45.07M coins to Bitstamp & Bitso. RSI at 76 suggests possible correction. #Update
Three meme coins, $GME, $KITTY, and $ROAR, surged 10%, 20%, and 15% respectively, after @TheRoaringKitty’s social media return. $GME now trades at $0.00636, and GameStop stock is up 5.7% at $28.54. #Update
Ripple’s $XRP surged 40% to $0.60. $ADA up 17% in a week, now at $0.4476. Analysts predict Cardano rally as bearish sentiment peaks. Watch for the Chang hard fork in July, aiming to enhance governance. Recent upgrade v6.5.0 sets Cardano for growth. #Cardano #Update
#Update Empower Oversight seeks transparency from the US SEC over conflicts of interest in crypto regulation. FOIA requests target ex-SEC officials William Hinman and Jay Clayton’s roles with $BTC, $ETH, and $XRP. Delays spark lawsuits, highlighting SEC’s alleged lack of transparency. #CryptoNews
Ripple’s $XRP surged 50% to $0.5705, driven by whale activity and key technical breakouts. Large wallets accumulated $300M tokens, signaling strong confidence. Despite the RSI at 72 indicating overbought conditions, Ripple’s cross-border focus remains promising. #Update
$XRP surges past $0.56 amid significant whale activities and ongoing Ripple vs. SEC lawsuit. Whales moved nearly 51M XRP worth $27.45M. Current price: $0.5707, up 8.21% daily and 31% weekly. Futures open interest at $730.46M, derivatives volume up 90.80%. RSI suggests possible short-term correction. #Update
Shiba Inu’s price surged, hitting $0.0000020, its highest since June 17, amid a broader crypto recovery. Despite this, SHIB token burns have slowed, averaging less than 200,000 daily since the peak burn of 72M on the 11th. #Update
#Update ? On July 16, meme coins like $PEPE, $FLOKI, and $WIF saw double-digit gains amid a broader crypto recovery. Futures open interest surged: $PEPE +23.75%, $FLOKI +47.60%, $WIF +32.31%, signaling strong investor enthusiasm. Market technicals show continued buying pressure. ? #CryptoNews
