Altcoins

India’s financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI), are teaming up to develop a new cryptocurrency policy. They are working on a detailed discussion paper, set to be released in the third quarter of 2024. This collaborative approach marks a shift from previous restrictive…

Citi analysts have upgraded Coinbase (COIN) to a ‘BUY’ rating, forecasting a potential 33% increase in its stock price, which could rise to $345. This optimistic outlook is largely due to improving regulatory clarity in the cryptocurrency sector. Currently trading at approximately $260, Coinbase’s stock is seen as having significant growth potential based on this…

Ferrari is preparing to accept cryptocurrency payments in Europe, building on its initial move in the US last year. This expansion, set to roll out by 2024, highlights the increasing mainstream acceptance of digital currencies. As both businesses and governments continue to adopt cryptocurrencies, Ferrari’s decision represents a significant step towards broader acceptance of digital…

Shiba Inu has seen a surprising increase in trading activity recently, but the overall sentiment remains bearish. Despite a 25% boost in trading volume, investors seem to be pulling back, which suggests decreasing confidence in the token. The market is showing signs of volatility around key price levels, which could lead to further declines. This…

The Cardano community is abuzz with excitement over the possibility of a Cardano exchange-traded fund (ETF), especially in light of the recent success of Ethereum ETFs in the U.S. Charles Hoskinson, the founder of Cardano, recently reacted to a tweet from Tap Tools, a platform for tracking tokens and NFTs on the Cardano blockchain. The…

Franklin Templeton is preparing to introduce a new ETF centered on Solana, building on the success of its Bitcoin and Ethereum ETFs. This upcoming Solana ETF underscores the blockchain’s growing popularity and technological strength, potentially setting a new trend in the crypto ETF market. The move highlights the increasing interest in blockchain innovations and showcases…

Vice President Kamala Harris will not attend the Bitcoin 2024 conference in Nashville as previously speculated. This shift in plans has turned the spotlight on former President Donald Trump, who is expected to give a highly anticipated speech that could significantly impact Bitcoin and the broader cryptocurrency industry. Kamala Harris Skips Bitcoin 2024 Conference; Focus…

XRP has been rising steadily over the past week, forming an ascending triangle pattern. It was trading around $0.60 during Thursday’s European session, down 0.2% in the last 24 hours. The market is hopeful as it awaits the SEC’s closed meeting on July 25, 2024, which might involve a Ripple-SEC settlement. Speculation about this settlement…

Polygon (MATIC) experienced an astonishing 743% price increase in just one day, thanks to the launch of Ethereum ETFs in the U.S. This surge was fueled by both the introduction of the ETFs and large transactions from major crypto investors on the Polygon network. The debut of Ethereum ETFs has greatly impacted the crypto market,…

Toyota plans to improve vehicle mobility and user experience by integrating Ethereum blockchain technology, specifically using the ERC-4337 standard. This integration includes a proposed Mobility-Oriented Account (MOA) to ensure blockchain accounts for vehicles remain accessible even if the private key is lost. By tokenizing car access as NFTs, Toyota aims to simplify services like car…

PEPE has seen a significant boost despite the overall bearish trends in the crypto market. Interest in PEPE has surged notably following the approval of the spot Ethereum ETF. According to CoinMarketCap, PEPE’s price increased by 6% and its trading volume rose by 40% on July 24th. PEPE Surges Amid Market Bearishness and Spot Ethereum…

Meme coins like Dogecoin and Shiba Inu are drawing considerable interest from crypto whales as the market pulls back from its recent highs. Both cryptocurrencies have experienced substantial increases in large-scale transactions, signaling heightened activity among major investors. According to IntoTheBlock’s data, there have been notable spikes in whale transactions, highlighting significant movements despite the…

Kamala Harris, the Democratic presidential candidate following Joe Biden’s withdrawal on July 21, seems to be embracing cryptocurrency to attract voters. She may even speak at the Bitcoin 2024 conference in Nashville, which starts on July 25. On July 24, David Bailey, the event’s CEO, said they were discussing with Kamala Harris’s campaign about her…