Altcoins

According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.

Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow.

Bybit CEO Ben Zhou challenged Pi Network to prove its legitimacy by addressing a Chinese report that called the project a “scam” targeting elderly people.

Solana’s top memecoin launchpad, Pump.fun, is experiencing a decline in activity, with daily launches and revenue falling below its usual benchmarks.

Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.

XRP price could rise to $3.20 if the bullish indicators seen on the altcoin’s daily chart are confirmed.

Despite heavy selling by top crypto influencers, the Kaito token surged 50% post-airdrop as analysts debate its tokenomics and future market potential.

The price of Litecoin spiked more than 8% as Canary’s spot Litecoin ETF made a move to prepare for its potential approval.

Traders turn hopeful as the SEC acknowledgment of 3 spot XRP ETF filings is perceived as a positive step forward.