Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Ripple Labs faces a lawsuit over CEO Brad Garlinghouse’s seven-year-old comment on being “very, very long XRP.” The case, unfolding in California, adds to Ripple’s ongoing legal woes despite a New York ruling favoring XRP. #Update #CryptoNews
District Judge Amy Berman Jackson dismissed the SEC’s claim on Binance’s $BNB secondary sales, aligning with Judge Torres’ ruling that $XRP secondary sales are not securities. This ruling is pivotal for crypto regulation, benefiting exchanges like @Coinbase and @krakenfx. #Update
21Shares files with SEC to launch Spot Solana ETF on Cboe BZX. Coinbase Custody Trust to serve as custodian. Currently, Solana trades near $140, down 2.9% in 24 hours. Regulatory approval uncertain. #Update #CryptoETF #Solana
Zhu Su of Three Arrows Capital predicts $SOL could hit $1,000, driven by strong performance of the Grayscale Solana Trust and potential ETF approval. Investor confidence mirrors $ETH’s past surge. #Update
Ripple Labs faces regulatory challenges in the U.S., with ongoing disputes with the SEC, contrasting positive European developments. CEO Brad Garlinghouse criticizes U.S. crypto laws for stifling innovation, while welcoming the EU’s MiCA for its clarity. #CryptoNews
21Shares files for a spot Solana ETF, following 3iQ’s application on the Toronto Stock Exchange. Growing interest in $SOL reflects its strong institutional appeal. #CryptoNews #Solana
Coinbase seeks CFTC approval to offer altcoin futures, including $SHIB and $AVA, by July 15. This move aims to diversify its offerings and attract institutional investors by ensuring a regulated environment. #CryptoNews
.@21Shares has filed a spot Solana ETF with the SEC, marking a key step as Wall Street buzzes with crypto interest. Experts like Wintermute CEO Evgeny Gaevoy say such ETFs might be delayed until next year due to low capital inflows. #Update
Santiment data suggests increased short positions on $ADA could signal a bullish trend. Notable figures like Arthur Hayes predict $DOGE could hit $1.69. New memecoin Angry Pepe Fork ($APORK) draws interest with its “Conquer To Earn” feature. #Update
Investment firm @VanEck_US filed for a spot Solana ETF with the SEC, despite risks like concentrated $SOL ownership and network outages. Solana’s price surged to $150, reflecting market optimism. #CryptoNews
Polkadot community debates a bridge to link their network with Cardano. Felix from @Unifires discusses a Cardano-Polkadot light client and NFT swap bridge. Proposal submitted to Cardano, with plans for Polkadot’s OpenGov. #Update #Blockchain
Raboo’s presale attracts investors from $DOT and $MEME, highlighting a shift to high-growth opportunities. With AI integration, Raboo has raised over $1.8M, gaining momentum in the memecoin market. #Update
VanEck’s spot Solana ETF filing shifts focus from Bitcoin. Solana, outperforming Bitcoin, surged to $150. GSR gives Solana a high “ETF Possibility Score.” VanEck to launch zero-fee spot Ether ETFs, predicting $5B inflows. #CryptoNews $SOL $ETH $BTC
Worldcoin Foundation grants $70K to Wormhole to integrate WorldID verification on Solana blockchain, enhancing security and cross-chain interoperability. #Solana #Blockchain #Updates
