Altcoin Watch
Spot XRP ETFs recorded inflows for 11 consecutive days as the RSI formed a bullish divergence on the price charts, early signs that a rally was in the cards.
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Altcoins News
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their progenitor with different supply schedules and privacy features. These include Litecoin (LTC) and Zcash (ZEC), among others.
Along with altcoins came a plethora of Bitcoin–altcoin trading pairs that produced a surge in market activity, with traders leveraging the volatility of these crypto assets for high-risk rewards.
The rise of altcoins and their respective blockchain networks marks an era of experimentation and maturation within the crypto industry, as a wider range of use cases of the technology have become possible.
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RedotPay said users can convert cryptocurrency into Nigerian naira and receive funds directly in their local bank accounts within minutes.
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Bitcoin treasury companies drove November inflows with $1.06 billion, as Ether saw $37 million in outflows despite continued accumulation by BitMine.
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OpenEden has raised an undisclosed round backed by Ripple and major institutions to expand tokenized US Treasurys.
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Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune.
4721 - Price Analysis
Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for the bull market to end with a drop to $70,000 and below.
4650 - How to
Buterin warns that quantum computers could threaten Ethereum’s cryptography sooner than expected and outlines how the network can prepare safely.
2938 - Altcoin Watch
Ether price held $2,800 support amid ETF inflows and undervalued signals, but $3,000 resistance and Bank of Japan rate hike fears stopped the recovery.
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Crypto ETPs rebound with $1.07 billion inflows after four weeks of losses, while XRP hits record weekly gains amid US ETF launches.
3397 - Explained
Cooling US labor data is shifting growth expectations, rate paths and liquidity, creating new macro pressures for Bitcoin and the broader crypto market.
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Grayscale’s Chainlink ETF is expected to launch on Tuesday this week, marking the first spot LINK ETF to enter the US market.
3934 - News
The privacy-preserving decentralized AI platform is built on top of The Open Network, and users earn TON for renting out computing power.
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The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern.
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BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion.
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The Hyperliquid development team provided clarity on Saturday's token unlock in response to community fears of increased selling pressure.
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