Altcoin News page 2

Before US equities open, the money with an attached mechanism is flowing through a Senate subpoena, an OCC charter and a leveraged Nvidia short, not through a crypto demand story. Before US equities open, the money with an attached mechanism is flowing through a Senate subpoena, an OCC charter and a leveraged Nvidia short, not…

The president distanced himself from reports of Gulf capital flowing into World Liberty Financial, the crypto venture tied to his family. President Donald Trump said he knows “nothing” about a reported UAE-linked investment in World Liberty Financial, the cryptocurrency venture associated with his family. The Block and CryptoBriefing both reported the comment on November 9.

Crypto markets dropped as unverified reports linked the move to an alleged admission by Jensen Huang. Bitcoin, Ether, and XRP all moved lower on November 9, according to live coverage from Cryptopolitan and Bitcoin.com News.

A new proposal aims to phase out a transaction feature linked to the recent Drift hack Solana developers have put forward a proposal to retire durable nonces, according to a report from CryptoBriefing. The suggestion follows a security incident involving Drift, a decentralized exchange built on the Solana blockchain.

Reports flag roughly $4 billion in erased market value as the token tests a key psychological support level. XRP is approaching the $1 price level, a point market watchers consider a key psychological marker for the token.

ETH joined a broader pullback across digital assets as the new trading week opened on November 9. Ethereum opened the trading week under pressure, falling approximately 6% to trade near $2,093, according to CryptoBriefing.

The new platform pairs private transaction features with yield generation for stablecoin holders on Ethereum. Raycash has launched a product offering confidential stablecoin payments and private yield generation on Ethereum. The Block and CryptoBriefing reported the launch on November 9, identifying Raycash as a spin-off of Zama.

The Web3 engagement platform is consolidating its product suite as it shifts strategic focus to its own layer-1 blockchain. Galxe is shutting down three of its core offerings, Quest, ID and Passport, according to reports from CryptoBriefing and crypto.news. The company is consolidating operations under Gravity, its layer-1 blockchain, as its primary focus going forward.

Ethereum's co-founder is pushing a new framing for ETH as broader crypto markets weaken following the US midterm elections. Ethereum co-founder Vitalik Buterin is reportedly encouraging the network's community to lean into a store-of-value narrative for ETH. The reported shift was noted across several crypto publications this week, including Coinfomania, Cointelegraph, and Bitcoin.com News.

Ethereum's co-founder says the pace of AI infrastructure growth deserves public pushback, according to two reports. Vitalik Buterin has thrown his support behind activists pushing back against the expansion of data centers built to train and run artificial intelligence systems.

A sharp selloff across digital assets triggered widespread forced position closures on leveraged trading platforms. Bitcoin slid under $76,000 on November 8, extending a decline that rattled the broader digital asset market. The drop came alongside a wave of forced liquidations across crypto exchanges, as leveraged positions were automatically closed when prices moved against traders.

A testnet delay for the Glamsterdam upgrade highlights gas-accounting risks tied to the proposal. Ethereum's core developers are moving forward with EIP-8037, a proposal that reworks how state access is priced in gas fees.

A reported 70% of altcoins have slipped under their 200-day moving average, signaling broad technical weakness Altcoins have collectively lost close to $200 billion in value, according to a report published by CryptoBriefing. The outlet said roughly 70% of altcoins it tracked have dropped below their 200-day moving average.

Exchange reopens access to select tokens days after a major security incident disrupted withdrawal services Binance has restored withdrawals for HYPE and APT, two tokens that had been frozen following a security breach at the exchange.

A new amendment aims to correct how the lending protocol calculates fair loan payments on the XRP Ledger. Developers behind the XRP Ledger have put forward a proposed amendment aimed at resolving rounding issues within the network's lending protocol.

Ethereum's co-founder shifts emphasis away from transaction fee burning as the core driver of ETH's worth. Vitalik Buterin has publicly reframed how he thinks ETH should be valued. He is pointing to its potential as a store of value rather than its fee-burning mechanism.

Major altcoins sold off sharply while Bitcoin struggled to hold above $76,000, according to weekend market data. Bitcoin struggled to hold above the $76,000 mark over the weekend, extending a period of weakness that has rattled the broader cryptocurrency market.

The new app lets early testers trade across five asset classes, including tokenized equities, from a single mobile interface. Leap, a company backed by Solana Labs, has opened a beta version of its mobile app to iOS users. The app is designed to let users access both tokenized stocks and cryptocurrencies in one place.