AltSignals Blog

XRP whales have reportedly been unloading their tokens, with data showing the offload of 640 million tokens totaling over $1.91 billion in the past month. Analysts suggest risks of a potential 30% crash in the coming days due to weakening momentum. Get an in-depth understanding of this potential downturn and its implications for the cryptocurrency market.

Coinbase is in talks with Karnataka’s IT Minister on blockchain infrastructure and developer support, indicating a strategic change in India’s approach to digital public infrastructure. Despite challenges in India’s retail crypto market, Coinbase is looking to expand its role in the local tech sector, with its potential impact on India’s on-chain playbook, cybersecurity, and developer education. This follows Coinbases exit from India’s retail crypto market in 2023 and aligns with its broader push to advise governments on crypto policy.

Discover the latest news about Ethena’s synthetic dollar protocol, USDe, and its rising market capitalization. Learn more about the factors catalyzing this increase, the role of Stablecoin X, and how the current situation influences the broader altcoin market, specifically BTC and ETH.

BNB rebounds strongly after initial downturn, hitting $760 after enduring a period of geopolitical and economic uncertainties. Trade volumes surged as BNB garners interest from retail and corporate buyers in response to Binance’s platform enhancements, including the introduction of a web wallet and bitcoin options. The resilience of BNB positions it as a stable asset within the exchange token sector, holding a notable 81.4% market dominance. Find out more about how BNB is performing and its continued recovery.

The SEO meta description for this article could be: Trial of Roman Storm, co-creator of crypto privacy tool Tornado Cash, continues as jury deliberates. Storm faces charges of conspiracy to commit money laundering and violating the IEEPA. The case may redefine how US law treats decentralized technology, with its potential impact on open-source tools and privacy-focused developers. The outcome could potentially curb open-source innovation or hold developers liable for facilitating crime.

Former OpenSea Head of Product, Nathaniel Chastain’s insider trading conviction has been overturned by a US Appeals Court. Chastain was initially charged for using his insider knowledge of upcoming NFT features to purchase collections in advance for resale. Accusations of similar ethical breaches have also been directed at current OpenSea CEO, Devin Finzer, amidst the company’s preparation for its token launch. The ongoing evolution in the NFT market continues, underscored by the surging popularity of collections such as CryptoPunks and Moonbirds.

Grayscale launches a new investment trust, Grayscale Story Trust, providing accredited investors with direct access to the Story network’s native token, $IP. This pivotal move signifies the increasing interest in tokenized intellectual property in the AI era, with the global IP market worth over $80 trillion. The article further discusses Grayscale’s strategic approach to single-asset investment vehicles and recent developments within the company.

Figure Technology Solutions, a leading fintech company, has confidentially submitted an IPO filing to the US Securities and Exchange Commission, aiming to enter the traditional financial markets by 2025. The company, known for revolutionizing financial services through advanced blockchain technology, has joined the growing list of cryptocurrency firms seeking to explore public funding via stock offerings and similar strategies. The company’s IPO details, including share count and pricing, are yet to be finalized contingent on market conditions and the SEC review process.

Digital asset firm SharpLink continues its aggressive Ethereum (ETH) accumulation strategy, adding another 83,562 ETH worth $264.5 million to its portfolio. The company’s total ETH holdings now stand at nearly $2 billion, staking all Ether coins to earn from Ethereum’s proof-of-stake consensus mechanism. This strategy is evaluated through an ETH-per-share metric called ETH concentration. SharpLink’s ETH spending marks the latest in a line of significant ETH purchases by several firms, leading to record outflows from spot Ether exchange-traded funds (ETFs).