Altcoins

Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s launch marks the first step in Sky’s strategy to increase Solana’s DeFi liquidity and TVL. With pending governance...

Bitcoin reached a new peak of $95,000 hours ago but was rejected and pushed south by over a grand within minutes. Although it has recovered some ground, many altcoins, especially from the meme coin niche, have plummeted hard, leaving over $400 million in liquidations on a daily scale. The specific dump is evident by the plunging meme coin market cap. While that of the entire crypto market has dropped by 2.3% over the past 24 hours to $3.2 trillion on CG, the meme coins have...

TL;DR XRP saw strong gains in the last 24 hours, with analysts suggesting it could follow Dogecoin’s recent rally toward higher targets. The SEC lawsuit adds uncertainty to the asset’s performance, but Trump’s win has raised hopes for drastic changes at the regulator. XRP to Cope DOGE’s Rally? Many leading cryptocurrencies charted fresh daily gains today (November 12), and this time, Ripple’s XRP is among the best performers. Its price is up 9% on a 24-hour scale, briefly...

TL:DR; Shiba Inu is among the top three best-performing assets in the cryptocurrency industry today, surging by over 25% to a multi-month peak. Here are some of the possible reasons behind this massive rally. Shiba Inu on the Run Donald Trump’s victory in the 2024 US presidential elections impacted all financial markets, but the ever-volatile crypto industry is at the forefront of gains. This is particularly true this weekend since all other markets are closed, but crypto is...

The entire cryptocurrency market is in the green today, but some are doing better than others. Ripple’s native token, for example, has charted a noteworthy 10% daily surge and sits above $0.6. However, it has lost its position as the 7th-largest cryptocurrency by market cap to Dogecoin, which has risen to another multi-year high. The past 24 hours have only solidified the overall bullish trend that started after Donald Trump’s victory in the 2024 US presidential elections....

It feels like a bull cycle once again as bitcoin’s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000. The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day. BTC’s New and Latest Peak It’s safe to say that the cryptocurrency landscape has become entirely different after Donald Trump’s win in the 2024 US presidential elections. Recall...

Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective behind this move is to establish revenue alignment with sENA token holders and clarify Ethena’s protocol revenue structure. Wintermute’s Fee Switch Proposal According to Wintermute, sENA holders – those who have staked their Ethena tokens – do not benefit directly from Ethena’s revenue growth despite the protocol’s success with the USD-pegged...

TL;DR Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones. However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem. The Price Boost Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced trading pairs include COW/USDT and CETUS/USDT, and clients can now start depositing. Withdrawals will be...

On Nov. 5, crypto, venture capital, and fintech firms Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood announced the launch of the “Global Dollar Network.” The partners are combining resources and expertise to increase stablecoin adoption and expand real-world use cases with the launch of the Global Dollar USDG stablecoin. Paxos will be powering the stablecoin, which is compliant with the upcoming Monetary Authority of Singapore’s stablecoin...

The US presidential elections are just around the corner, with the world’s largest economic force anticipated to choose between continuing with a similar path as the past four years or changing its course completely if they go with Republican candidate Donald Trump. While the economic consequences will impact millions and millions of people, the crypto community is anticipating how it will affect bitcoin and altcoins. Never Below $70K Again? The popular crypto trader...