Altcoins News

Solana (SOL) is under strain from high inflation rates, which are exacerbated by the ongoing release of new tokens and the absence of a supply cap.

Dogwifhat (WIF), a meme coin on the Solana network, has plunged significantly in price, mirroring the broader market downturn.

Fantom’s (FTM) value has plummeted by 20% in the last day, now trading at $0.29, a low not seen since October 2023.

Ethereum (ETH) experienced a sharp decline of over 20% in the past day, triggering widespread panic among investors.

The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.

Over the past 24 hours, over $1 billion worth of crypto futures were liquidated as the market decline intensified on Sunday and continued into Monday.

As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.

Ripple Labs. recently added on its official website details about its upcoming stable coin that will be released later this year.

The sell-off in the cryptocurrency market deepened over the weekend, with major assets extending their weekly losses.

U.S. crypto exchange Coinbase will add trading opportunities for Stader (SD), a multichain liquid staking platform now available on Coinbase.com and the iOS and Android apps.

One of the most well-known cryptocurrency memes, Dogecoin (DOGE), will undergo a significant security upgrade with the release of Dogecoin Core 1.14.8.

According to Ki Yong Ju, CEO of CryptoQuant, crypto whales are positioning themselves for the next expansion of the altcoin market.

Cryptocurrency exchange OKX has revealed that it will list the DOGS altcoin on its pre-launch market.

Veteran trader Peter Brandt has identified a significant bearish signal for a major altcoin against Bitcoin (BTC).

The long-awaited launch of the spot Ethereum ETF in the U.S. has not led to a rise in the ETH price. In fact, the value of altcoin has fallen since ETFs were introduced.

On August 2, U.S. spot Ether ETFs experienced notable financial shifts.

As the ruling in the case between Ripple Labs and the US Securities and Exchange Commission (SEC) approaches, the crypto community is speculating on the potential impact on the price of XRP.

Ethereum (ETH) is experiencing modest but ongoing inflation, with its supply potentially hitting new highs by the end of 2024.

Ripple’s latest quarterly report reveals that the company currently holds 4.682 billion XRP tokens in its wallets.

In a recent social media post, Tether CEO Paolo Ardoino rejected the idea of investing some of the company’s profits in Ethereum.

Ali Martinez, one of the well-known crypto analysts predicts a potential rally for XRP.

XRP, one of the top cryptocurrencies by market cap, recently surged to $0.65, marking a strong performance in July. 

U.S. based spot Ethereum (ETH) exchange traded funds (ETFs) posted positive results on Aug. 1, although Grayscale’s ETHE saw outflows equal to $78 million for the day.

Overall market sentiment is currently rather bearish, with major assets like Bitcoin (BTC) and Ethereum (ETH) experiencing significant declines.

Jupiter has launched an important voting initiative for its token holders, focusing on a major reduction in JUP token supply.

After a strong July, which saw a rebound that lifted Bitcoin to nearly $70,000, the crypto market has taken a sharp downturn by the end of the month.

Blockchain analytics platform Glassnode, collaboratng with Coinbase, the largest cryptocurrency exchange in the U.S., released their “Guide to Crypto Markets for Q3 2024.”

A significant shift in cryptocurrency market dynamics has emerged, according to a recent report.

Solana is positioning itself as a worthy competitor of Ethereum after a recent major milestone for the blockchain.

In the midst of a downtrend in the crypto market, some traders are still achieving extraordinary profits.

Investors have pulled nearly $2 billion from Grayscale’s Ethereum ETF (ETHE) since it transitioned from a trust, with the fund’s value now at $6.7 billion due to declining Ethereum prices.

On July 31, U.S. Ethereum ETFs returned to negative results with net outflows of $77.2 million, after registering only their second day of positive inflows since inception on July 30.

Circle’s USD Coin (USDC) experienced a significant boost in trading volume and market capitalization in July, largely influenced by new European digital asset regulations.

For the second time since their launch, spot Etherium (ETH) exchange traded funds saw net positive inflows.

Despite a general slowdown in the cryptocurrency market, Solana (SOL) appears to be defying the trend with strong performance across various time frames.

Binance, the leading global cryptocurrency exchange, announced on Wednesday the introduction of new USDC trading pairs for various cryptocurrencies on both cross and isolated margin platforms.

The Terra Luna Classic community is considering a substantial increase in the burn tax, potentially raising it from 0.5% to 1.5%.

On July 30, the SEC retracted its request for a court to rule on whether Solana (SOL) qualifies as a security in its ongoing lawsuit against Binance.

Renowned crypto trader KALEO has suggested that the XRP/BTC ratio is set for a significant shift.

After a fairly long period of trading in a relatively narrow range, XRP appears to be defying the mostly negative results of the broader crypto market by registering gains over the past day.

A crypto analyst has identified a bullish pattern on the daily chart of XRP that indicates potential significant price gains.

In a recent development, Charles Hoskinson, the founder of Cardano, has made headlines by alleging that Ethereum has copied Cardano’s project roadmap.

Grayscale Investments has seen over $20.4 billion in outflows from its Bitcoin and Ethereum ETFs.

Vitalik Buterin, Ethereum’s co-founder and key developer, has marked the network’s ninth anniversary with a hopeful message about its future.

Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH) from staking and moving it to Poloniex, a major cryptocurrency exchange.

On July 29, U.S. ethereum ETFs saw net outflows of $983 million, the fourth consecutive day of negative results.

Amid the flood of new tokens emerging daily, traders are constantly searching for those with the greatest potential.

BlackRock’s CIO, Samara Cohen, has confirmed to Bloomberg that the firm is not currently considering a Solana ETF.

A top cryptocurrency ETF issuer has integrated Chainlink’s Proof of Reserves to enhance transparrency.

One of the most popular altcoins Cardano has been rather unfazed by the recent price corrections, where we saw Bitcoin drop to around $54,000.

The launch of spot Ether ETFs in the U.S. has triggered a significant $2.2 billion inflow, the largest since December 2022, with a 542% increase in ETH exchange-traded products, as reported by CoinShares.

Elon Musk recently appeared on the X Takeover podcast hosted by the Tesla Owners Silicon Valley account, which took place on his own X social media platform.

Solana is on a fast upward trajectory, recently surpassing the $190 mark and showing promising momentum.

The recent market recovery has sparked optimism among cryptocurrency investors, with some altcoins registering significant gains.

Data from cryptocurrency tracking service Lookonchain reveals that the creator of the newly launched Neiro altcoin has achieved substantial financial gains.

On Friday, as digital asset markets experienced an uptick, crypto analytics firm Santiment highlighted altcoins with potential bullish prospects.

In June, the Solana blockchain saw a surge in activity as it became a central hub for enthusiasts of novelty cryptocurrencies.

Vitalik Buterin has addressed concerns regarding Ethereum’s dedication to decentralization following remarks from Péter Szilágyi, a key developer on the team.

Blockchain tracker Whale Alert reported two significant XRP transfers, each worth around $13.5 million, from Binance to unknown wallets.

The cryptocurrency market is showing signs of recovery as the total market cap surged by 1.41% today, reaching $2.44 trillion.