Litecoin Faces Downward Pressure Amid Waning Holder Interest
Litecoin’s price has taken a bearish turn after breaking below a key support level of $82.40, with on-chain data indicating holders are losing interest and confidence in the token.
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Solana Sees Surge in New Addresses as SOL Eyes Comeback
Solana has witnessed a surge in new addresses, with 1 million new wallets created last week, according to data from IntoTheBlock. This influx of new users could potentially fuel a comeback for SOL, which is currently consolidating around the $160 mark.
Cardano and Bitcoin Lead Social Media Engagement
Cardano (ADA) and Bitcoin (BTC) are generating significant social media buzz. Cardano’s upcoming Chang hard fork and advanced governance model drive engagement—Bitcoin’s price action and market cap comparisons fuel discussions.
South Korea Clarifies Regulations for Mass-Produced NFTs
outh Korea’s financial watchdog, the Financial Services Commission (FSC), has issued guidelines classifying mass-produced, divisible, and payment-capable non-fungible tokens (NFTs) as virtual assets, making them eligible to receive interest when deposited on exchanges.
Bitcoin Demand Rises Despite Stagnant Price
Despite strong demand for Bitcoin from institutional investors and long-term holders, Bitcoin’s price has yet to experience a significant rally, according to a recent report by CryptoQuant. The report cites slowing growth in the market capitalization of the stablecoin Tether (USDT) as a potential factor impeding a price rally.
Binance Hits 200M Users, $100B in Assets Under Custody
Binance, the world’s largest cryptocurrency exchange, has announced reaching 200 million global users and $100 billion in assets under custody, solidifying its position as a dominant force in the crypto industry.
XRP Dips After Ripple Moves 200M Tokens
XRP’s price fell by around 4% on Friday after Ripple allegedly moved 200 million XRP tokens to an unknown wallet, fueling suspicions within the crypto community about the company’s intentions for its native token.
Binance Resumes Mastercard Crypto Purchases
Binance has resumed allowing Mastercard users to purchase cryptocurrencies on its platform, following an extensive review of the exchange’s controls and processes by Mastercard. However, Mastercard withdrawal services have not been restored yet but are expected to be added later.
XRP Slips as Ripple President Discusses Stablecoin, XRP-Spot ETFs
XRP experienced a slight decline on Wednesday, partially reversing Tuesday’s gains. Meanwhile, Ripple President Monica Long discussed increased institutional interest in digital assets, the company’s plans to launch a US dollar stablecoin, and the potential for XRP-spot ETFs.
Raoul Pal’s Top Meme Coin Bets, Bullish on Dogecoin ETF
Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, has disclosed his biggest meme coin investments, with Whiff and Bonk being his two equally weighted top bets. He also holds Dogecoin and believes it could potentially become the next meme coin ETF.