Altcoins News

On July 18, the Polygon network announced plans to update its native token MATIC to a cryptocurrency called POL, with the transition taking place on September 4.

XRP has experienced a significant surge, rising over 38% this week to reach $0.61, surpassing Bitcoin’s more modest 12% increase.

The Securities and Exchange Commission (SEC) of the United States has granted approval for two new Ethereum ETFs: the Grayscale Ethereum Mini Trust and the ProShares Ethereum ETF.

Following the July 13 assassination attempt on Donald Trump, the cryptocurrency market saw a surge in meme coins like $FIGHT.

State Street Corporation, a prominent financial services firm, is actively considering the introduction of a stablecoin and a deposit token as part of its strategy to streamline payment settlements using blockchain technology.

Matt Hogan, Chief Investment Officer at Bitwise Asset Management, anticipates a significant rise in Ethereum’s price following the launch of Ethereum ETFs.

Deribit is launching BTC and ETH options expiring on November 8, 2024, ahead of the US presidential election.