Altcoins News

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.

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

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.