Altcoins News

Elon Musk and Tesla successfully defended against a class action lawsuit in 2022, which accused Musk of influencing Dogecoin’s market to the detriment of investors.

Kraken, a prominent US-based cryptocurrency exchange, has expanded its offerings by adding Shiba Inu (SHIB) as a new collateral option for futures contracts.

Despite the ongoing bear market conditions among the crypto market, Solana has achieved a significant milestone, recording a yearly high of 2.3 million daily active users on Aug. 28, according to data on the chain from Token Terminal.

Intersect has announced that Cardano’s Chang Hard Fork will take place on September 1, 2024, at 21:45 UTC.

Analytics firm Santiment suggests that large Bitcoin (BTC) investors might be moving their funds into altcoins, such as Ethereum (ETH) and Solana (SOL), in hopes of securing better returns.

Kylian Mbappe’s X account was recently hacked, and the attacker used it to promote an altcoin called MBAPPE.

Farside’s latest data shows an outflow of funds from Bitcoin ETFs in the U.S. equaling $105.3 million.

Hamster Kombat, a popular Telegram game, announced the launch of its HMSTR token on The Open Network (TON) on September 26, accompanied by an airdrop for its players.

BlackRock, the leading global asset manager, is set to introduce its Ethereum ETF in Brazil starting August 28, 2024.

Cardano (ADA) derivatives traders are showing strong confidence that the altcoin will recover from its recent price drop, according to recent data from BeInCrypto and Coinglass.

U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.

Solana has been added to Robinhood’s wallet services, marking an expansion of the trading platform’s cryptocurrency support.

An Ethereum whale recently experienced a significant loss of nearly $4 million after purchasing 8,825 ETH shortly before the market took a downturn, according to data from the crypto tracking platform Lookonchain.

Toncoin’s price saw a slight recovery today, gaining nearly 3% after the TON network returned to normal operations following a significant disruption.

Real Vision’s Raoul Pal, who is also a former Goldman Sachs exec, has expressed optimism about Solana (SOL), predicting that the cryptocurrency could experience a significant price surge in the coming months.

Ethereum co-founder Vitalik Buterin recently addressed concerns about Ethereum’s role as a store of value, especially after scrutiny surrounding the Ethereum Foundation’s (EF) recent financial activities.

Large crypto holders, commonly known as whales, are pulling out significant amounts of Ethereum (ETH), which has led to a spike in selling preassure.

MakerDAO has rebranded to Sky and announced the introduction of its updated tokens – USDS and SKY, which will be launched on September 18.

Vitalik Buterin has addressed criticisms from Kyle Samani of Multicoin and other commentators about Ethereum’s efficiency and decentralization.

While U.S. Congress members typically stick to stocks, a few have ventured into cryptocurrencies, with Bitcoin and Ethereum being the usual choices.

Over the weekend, XRP experienced a notable surge, increasing by more than 7% as Bitcoin approached the $65,000 level.

Litecoin has encountered significant difficulties recently, with its market value dropping by 36% since its peak on April 1.

In the last 24 hours, the cryptocurrency market saw a significant drop, with total market capitalization falling by nearly 7% to $2.144 trillion.

Last Friday Jerome Powell, the U.S. Federal Reserve Chairman, made cautious remarks about the current state of the economy.

Zhu Su, the founder of the now-defunct Three Arrows Capital (3AC), which went bankrupt following the Terra (LUNA) collapse, recently revealed his latest cryptocurrency investment in a post on X.

The top cryptocurrency exchange Binance has announced the listing of a euro-backed stablecoin, that is regulated within MiCA.

The total market capitalization of stablecoins, excluding algorithmic ones, reached an all-time high of more than $168 billion over the weekend.

Binance Futures has announced the listing of NULS and DOGS, both coins will be available for trading on August 26, 2024.

According to on-chain data, the largest non-exchange holder of the Solana-based memecoin Dogwifhat (WIF) continues to build up its holdings.

A popular crypto analyst has outlined his predictions for Ethereum’s (ETH) trajectory throughout the rest of 2024.

Shiba Inu’s head of marketing, LUCIE, has revealed the meme coin team’s plans to create its own decentralized autonomous organization (DAO).

A recent massive XRP transaction has drawn significant attention in the crypto world, revealing the emergence of a new major player.

Despite the recent turmoil, Solana’s resilience has kept it in the sights of analysts and investors alike, who have been keeping a close eye on its price action.

The cryptocurrency market is experiencing a bullish shift, partly fueled by speculation about a potential interest rate reduction by the Federal Reserve.

Mickle, a respected wealth advisor and market commentator, recently discussed the potential influence of Ripple’s On-Demand Liquidity (ODL) on XRP’s value.

Tether has recently minted an additional $1 billion in USDT on the Tron blockchain, pushing Tron’s total USDT supply to $61.8 billion and surpassing Ethereum’s $52.1 billion.

Ethereum’s price could be on the verge of a significant upswing, but analysts suggest a weekly close above $2,800 is crucial to confirm the move.

Bitwise, a crypto ETF provider, has seen a major financial boost from a Registered Investment Advisor (RIA), which recently invested millions into its Bitcoin (BITB) and Ethereum (ETHW) ETFs.

In recent news, the Ethereum Foundation has transferred 35,000 ETH, valued at $93 million, to the cryptocurrency exchange Kraken, possibly indicating an upcoming sale.

The Tron network has recently emerged as the top platform for meme coin trading, overtaking Solana, thanks to the success of its new meme coin launchpad, Sunpump.

Charles Hoskinson, the founder of Cardano, has announced on X that the anticipated Chang hard fork will be delayed.

Former Goldman Sachs executive Raoul Pal believes that a specific group of altcoins could outperform other cryptocurrencies in the coming months, despite their controversial nature.

A prominent analyst known for accurately predicting Bitcoin’s (BTC) bottom in 2018 is now bullish on BNB, a leading cryptocurrency by market cap.

MakerDAO has announced a significant upgrade with new versions of its DAI stablecoin and MKR governance token.

Binance, a leading global cryptocurrency exchange, is set to list a new memecoin called Dogs (DOGS) that originated from the Telegram community.

Grayscale Investments has introduced a new fund focused on Avalanche’s native token, AVAX, as announced on August 22.

A recent report sheds light on the challenges faced by cryptocurrencies after being hacked, revealing that many never regain their pre-attack value.

After months of hovering below $1, Cardano (ADA) could be set for a significant rise, according to a cryptocurrency analyst.

An analysis of blockchain data reveals that a major cryptocurrency investor has significantly reduced their Solana (SOL) holdings this year.

A well-known analyst and cryptocurrency trader, known as “Altcoin Sherpa,” has expressed optimism about the future performance of altcoins.

The cryptocurrency market might be gearing up for a new phase of growth, with analyst Dan Gabardello predicting a possible surge in altcoin activity within the next few months.

Justin Sun is contemplating lowering transaction fees on the TRON blockchain to capitalize on the growing excitement around SunPump, a new platform generating meme coins on the network.

Binance, the leading global cryptocurrency exchange, has unveiled a new futures trading option for the altcoin Alpaca Finance (ALPACA).

In the past four weeks, spot Ethereum ETFs have attracted over $2 billion in new investments, excluding a major $2.5 billion outflow from Grayscale’s ETHE, as reported by Farside Investors.

Recent data indicates that Litecoin’s transaction volume has experienced a significant increase, more than doubling over the past year.

A recent Blocknative analysis reveals that private transactions are becoming dominant on the Ethereum network. Users are increasingly choosing to route transactions privately to avoid front-running bots, which exploit pending trades for profit.

A Tron network trader, known as TT4S5, has achieved $20 million in potential gains just six days after an early investment in the SUNDOG meme coin.

Binance, the world’s largest cryptocurrency exchange, has announced the delisting of nine spot trading pairs including the following cryptocurrencies: ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER.

Ex-Goldman Sachs exec Raoul Pal criticized popular altcoins XRP and Cardano (ADA) in a recent interview.

A major Ethereum investor has taken advantage of the recent increase in ETH prices, liquidating 15,000 ETH and earning around $40 million.