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- Five Altcoins Ready to Ignite
Five Altcoins Ready to Ignite
Looking at ADA, XRP, XLM, SHIB, and FTM
OVERVIEW
5 Altcoins Ready To Ignite š„
Source: Tenor
Before we dive in, hereās todayās crypto market heatmap:
And hereās a look at cryptoās total and altcoin market cap YTD:
New In Three Sentences
Crypto News š°
šµ BlackRock Tokenizes Liquidity Fund on Avalanche
BlackRockās USD Liquidity Fund (aka BUIDL) is now tokenized on Avalanche. Each token equals $1 (most of the time) and pays daily dividends, proving even TradFi wants a slice of DeFi pie. With $500M tokenized, BlackRock just made Avalanche a little more institutional. AVAX blog.
š China Might Soften Crypto Stance Thanks to U.S. Policies
HashKey Groupās CEO believes Trumpās pro-crypto administration could push China to rethink its ban on digital assets. Rising geopolitical tensions and a need for alternative financial systems could accelerate this timeline. If crypto becomes China-friendly, Southeast Asiaās scam factories better watch their backs. Bitcoinist.
š Alibaba Partners with MultiversX to Conquer Asian Markets
Alibaba Cloud announced a partnership with MultiversX (EGLD), supporting the blockchainās expansion into Asia with hackathons and community events. This follows EGLDās Upbit listing and a strong push into South Korea and other major markets. MultiversXās plan to rival Ethereum just got a corporate-sized boost. Finbold.
šØ U.S. Hacker Sentenced for Laundering $4.5 Billion in Stolen Bitcoin
Ilya Lichtenstein, infamous for the 2016 Bitfinex hack, will serve five years for laundering nearly 120,000 stolen BTC. His wife, Heather Morganābetter known as the worst god-damned rapper everāis awaiting sentencing. The case included the largest financial seizure in DOJ history. BBC.
š SEC Crypto Cases Could Fade Under Trump, Says Consensys CEO
Consensys CEO Joe Lubin predicts the crypto industry will save "hundreds of millions" if Trump makes good on promises to fire Gary Gensler and appoint pro-crypto cabinet members. Trumpās reelection has sparked hope for dismissals or settlements in SEC cases against major players like Coinbase, Binance, and Ripple. Cointelegraph.
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