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Altcoins News
99Bitcoins
6d
157
Crypto Firms Urge Congress to Challenge DOJ’s Broad Legal Case Against Tornado Cash Developers
- A coalition of 34 crypto firms and advocacy groups is urging Congress to push back against the US Department of Justice's legal interpretation used in the case against Tornado Cash developers.
- The coalition argues that the DOJ's current stance could criminalize nearly all blockchain software developers.
- The DOJ's interpretation of 'money transmitting business' poses a threat to the entire digital asset development ecosystem in the United States.
- Despite the Treasury removing Tornado Cash from the sanctions list, Coinbase insists the legal issues at the core of the case remain unresolved.
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99Bitcoins
6d
302
Majority of Argentinians Lose Trust in President Milei Amid $4.6B Libra Crypto Scandal
- A recent poll reveals that nearly 58% of Argentinians distrust President Javier Milei following the LIBRA crypto scandal.
- Milei's La Libertad Avanza party leads with 36.7% support ahead of the upcoming election.
- Authorities are now seeking a global arrest warrant for Libra co-creator Hayden Davis amid mounting legal pressure.
- Public trust in Argentina for President Milei has dropped sharply, with 57.6% expressing distrust following the $4.6B Libra crypto scandal.
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Coinpedia
6d
198
Image Credit: Coinpedia
SUI Price Analysis—SUI Breaking Out, May Trigger a 25% Upswing to Reach $3.3
- SUI price is gaining momentum after rebounding from local lows.
- Walrus Protocol mainnet launch is driving the rise in SUI price.
- SUI price expected to trigger a 25% upswing and reach $3.
- SUI price displaying buying opportunities and potential for a 100x rally.
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11 Likes
Coindoo
6d
260
Image Credit: Coindoo
XRP Faces Potential Downturn, According to Crypto Expert’s Recent Analysis
- Experienced trader Peter Brandt warns of a potential downturn for XRP based on a head and shoulders (H&S) pattern in the coin's price chart.
- The H&S pattern suggests a shift from upward to downward momentum if XRP breaches the support level at $1.90.
- Brandt projects a potential price target of $1.07 if XRP falls below the support level.
- Brandt emphasizes that his prediction is based on data and he remains neutral on XRP.
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15 Likes
99Bitcoins
6d
285
DeFi and Stablecoin Crypto Updates: Nostra Pauses Borrowing, USDC Hits Japan, Bullish?
- DeFi lending protocol Nostra pauses borrowing against xSTRK and sSTRK due to a price feed error
- Nostra advises users to withdraw funds to avoid unnecessary liquidation risks
- Cryptocurrency firm Circle launches USDC stablecoin in the Japanese crypto market
- USDC becoming authorized for use in Japan can bring fresh money into crypto
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17 Likes
99Bitcoins
6d
380
IRS DeFi: What You Need to Know About Crypto Taxes
- Decentralized finance crypto scored a major win in 2025. The US Senate voted 70-28 to scrap the IRS DeFi broker rule, a heavily criticized holdover from the Biden era.
- The rule, many argued, threatened to suffocate innovation in a sector built on decentralization.
- The repeal of the IRS DeFi broker rule sends a clear signal to the crypto industry that Washington is paying attention.
- The IRS DeFi broker rule demanded tax reporting on gross crypto transaction proceeds and user data, which was seen as a bureaucratic overreach and a threat to innovation.
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22 Likes
Coindoo
6d
78
Image Credit: Coindoo
U.S. State to Unveil Groundbreaking State-Backed Stablecoin This July
- Wyoming is set to introduce its own stablecoin, WYST, by July, in partnership with LayerZero.
- WYST will be fiat-backed and fully reserved, maintaining its peg to the US dollar.
- Wyoming is evaluating different blockchain platforms to host the stablecoin.
- The stablecoin project aims to fund public projects using capitalization from reserves.
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4 Likes
99Bitcoins
6d
273
Wyoming Stablecoin: Are Stablecoins About to Kill Federalization? WYST Crypto Launch
- Wyoming stablecoin project, WYST crypto, is set to launch this summer as the first U.S. fully-reserved, fiat-backed stablecoin.
- WYST, the Wyoming Stable Token, is a dollar-backed stablecoin with overcollateralization and reserves of at least 102% of tokens in circulation.
- Wyoming plans to leverage WYST not just as a financial tool, but also for funding education and infrastructure through interest income from reserve assets.
- By trialing WYST on major blockchain networks and employing cross-chain technology, Wyoming aims to set a new benchmark for stablecoin issuers and promote greater blockchain adoption.
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16 Likes
99Bitcoins
6d
409
SEC Crypto Task Force: Trump Neuters The SEC Before Crypto Bullrun
- The SEC Crypto Task Force is progressing with the return of the Securities Clarity Act, aiming to untangle the legal mess surrounding digital assets.
- The bipartisan legislation, introduced by Reps. Tom Emmer and Darren Soto, would define the legal status of digital assets and provide clarity for the industry.
- The Act aims to separate digital assets from securities contracts, reducing compliance challenges and promoting innovation.
- The Securities Clarity Act is part of a broader effort in Congress to define digital asset regulations while supporting innovation and maintaining oversight.
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24 Likes
Coinpedia
6d
401
Image Credit: Coinpedia
Crypto Market News for Today—CRV, MKR, CFX Spike While MOVE, IP and Hype Face Huge Losses
- Crypto markets are consolidating after a minor surge, with Bitcoin above $87,000 and Ethereum above $2,000.
- Curve DAO Token (CRV) price shows signs of an ascending trend, with rising volume and bullish technical indicators.
- Maker (MKR) price indicates growing market attention, with bullish candles, rising volume, and a potential rise above $1,800.
- Some altcoins are recovering while others, including MOVE, IP, and HYPE, face significant losses.
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24 Likes
Coindoo
6d
16
Image Credit: Coindoo
Is an XRP ETF Inevitable? Growing Confidence Signals Approval May Be Near
- Optimism is building around the potential approval of an XRP exchange-traded fund (ETF), with many in the industry convinced it’s only a matter of time before regulators give the go-ahead.
- Ripple’s courtroom success against the SEC has eliminated a major roadblock that previously discouraged institutional involvement with XRP.
- Traders on Polymarket are betting heavily on an XRP ETF approval, interpreting recent regulatory shifts as a sign of progress.
- If approved, an XRP ETF could attract significant capital inflows and further integrate the asset into mainstream finance.
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Coindoo
6d
211
Image Credit: Coindoo
Sui as Ethereum’s Biggest Challenger, Says Grayscale
- Grayscale Research identifies Sui as a strong contender to challenge Ethereum's dominance in smart contracts.
- Sui can process high transaction volumes at minimal costs without additional scaling layers, unlike Ethereum.
- Sui has a fully diluted valuation of $25.9 billion and has rapidly accumulated $830 million in Total Value Locked (TVL) within a year.
- With growing adoption and efficient transaction model, Sui could become a major competitor to Ethereum, according to Grayscale.
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12 Likes
Coinpedia
6d
368
Image Credit: Coinpedia
Bitcoin And Altcoin News: 3 Reasons Markets May Be Turning Bearish
- Bitcoin struggles at $90K while altcoins take the lead, signaling a market shift.
- Consumer confidence drops, bearish bets grow, and inflation worries persist.
- Altcoins are breaking trends and leading market moves as Bitcoin's dominance slows.
- Weakened consumer confidence, bearish positioning in consumer discretionary, and uncertainty in economic data are key reasons for a possible bearish market.
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22 Likes
TronWeekly
6d
336
Image Credit: TronWeekly
XRP Price Pattern Suggests a Potential 40X Surge
- XRP's consolidation is approaching a breakout, with Fibonacci time analysis pointing to key dates.
- The price structure suggests a surge toward resistance levels, potentially surpassing previous highs.
- Projections indicate a parabolic move, with targets ranging from $16.50 to over $100.
- Market cycles and historical patterns support the expectation of a significant upside in XRP's price.
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20 Likes
Bitcoinsensus
6d
294
Image Credit: Bitcoinsensus
What Is the JellyJelly? The Token at the Center of the Hyperliquid Exploit
- Hyperliquid exchange suffered over $12M in losses and $5M in short exposure due to the price manipulation of the low-liquidity Jelly token on their decentralized platform.
- A whale dumped 126M JELLY tokens, causing the price to crash, and then bought back the tokens, inflating its value by 500%, resulting in unrealized losses of $12.3M for Hyperliquid's liquidity vault.
- The listing of volatile and low-liquidity tokens like JELLY exposed Hyperliquid to risks that could have been mitigated by implementing stricter safeguards and improved risk assessment protocols.
- The exploit raises concerns about the safety of the Jelly token, although the blame primarily lies with Hyperliquid for not implementing adequate measures to mitigate the risks associated with low-liquidity tokens.
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