Browsing: Altcoins

Bitcoin (BTC) price holds steady above $64,000 on Friday, with the 50-day Exponential Moving Average (EMA) at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday. Cardano (ADA) and LayerZero (ZRO) hold gains from the previous day’s rebound, outperforming top altcoins over…

While the broader crypto market remains shaky, August is shaping up to be one of the busiest months of the year. Several blockchain upgrades, ETF developments, and product launches are scheduled over the coming weeks. According to one analyst, these events could put a handful of altcoins in focus before the next major market move.

Ripple announced strategic investments in two British companies on August 3, adding regulated record-keeping, issuance, and collateral tools to the XRP Ledger. ZILO makes the software that keeps a fund’s official record of who owns which shares, and Licuido runs a regulated platform that lets institutions pledge those shares as collateral instead of selling them.

XRP (CRYPTO: XRP), the native token of the XRP Ledger, has declined more than 60% over the past 12 months. It lost its luster as fears of interest rate hikes, regulatory headwinds, and competition from stablecoins drove investors toward more conservative investments.