Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Arthur Hayes, co-founder of @BitMEX, forecasts the approval of a Dogecoin ETF by cycle’s end, citing DOGE’s high market cap and active trading. He also predicts Aptos could surpass Solana in the L1-blockchain race. #Crypto #Update
MEV bot “arsc” exploited Solana users, raking in $30M in two months. Wallets linked to the bot hold over $29.8M in tokens. The ESMA is investigating MEV tactics as potential market abuse. #Solana #CryptoNews
Rollblock ($RBLK) is set to outperform $ADA, $AVAX, and $MATIC in 2024 with its innovative blockchain casino. The platform, poised to capture the $744B GambleFi market by 2028, has raised over $750K in its presale. #Update
Whale dumps 31M $XRP to exchanges amid price dip, sparking bearish sentiment. 30.350M XRP moved to Bitstamp, causing market disruption. Despite decline, positive news around XRPL and new stablecoin RLUSD offers cautious optimism. #Update #XRP
? The $SHIB community sees a 685% surge in burn rate, removing 399.6M SHIB from circulation this week. Despite a 63% drop in daily burns, crypto analyst Ali Martinez predicts a 35% price rise. #Update #ShibaInu #CryptoNews
The SEC accuses @Ripple of repeating past violations in its ODL sales amid ongoing legal disputes. Legal experts predict a July judgment. XRP dips to $0.4759. #Crypto #Updates
Ripple CEO @bgarlinghouse announces collaboration with 10 governments on CBDCs using Ripple’s blockchain to boost global financial security and efficiency. Also, Ripple’s new stablecoin RLUSD will link to the US dollar across XRP Ledger and Ethereum. #Update #CBDC
Anonymous trader turns $780 into $267K in 3 days by investing in meme coin DADDY on Solana, highlighting the volatile yet lucrative crypto market. Previously, another trader turned $861 into $650K with a meme coin. #Update #CryptoNews
Changpeng Zhao, ex-CEO of @binance, holds 94M $BNB, 64% of the total supply. His net worth is $61B, making him the 24th richest globally. This ownership significantly impacts BNB’s price and market stability. #Update
XRP whale accumulates 27M coins worth $13M from Binance, driving speculation of price gains. Current price at $0.4783; 24-hour low at $0.4647. Investor interest surges with 1.98% rise in Futures Open Interest. #Update #XRP
SEC accuses @Ripple of repeating past violations in their ODL service, with potential $2B fines looming. Court’s uncertain on regulation breaches. XRP price drops amid legal battles. Ruling expected by August. $XRP #Update
Ripple’s CLO Stuart Alderoty criticizes SEC Chair @GaryGensler’s use of “crypto-asset securities” and urges crypto investors to vote. Mark Cuban and Senators Hagerty and Durbin also express concerns over Gensler’s stance. #CryptoRegulations #Update
Former @Binance CEO Changpeng Zhao owns 64% of $BNB, worth over $56B, making him the 24th richest globally. Despite serving jail time, BNB surged by 141% in 14 months and returned 1,497,749% since 2017. #cryptonews
Polkadot founder Gavin Wood announces a $65M prize pool for the JAM upgrade, promoting innovation in the ecosystem. The community-backed initiative supports diverse protocol implementations. #Polkadot #BlockchainUpdates
