Bitcoin has experienced a nearly 30% increase against the US dollar in the past couple of weeks, approaching its two-month high of $70,000. This rally is partly attributed to political uncertainties in the U.S., with Donald Trump’s recent pro-crypto speech at the Bitcoin Conference in Nashville further boosting market sentiment (CoinCodex).
Toncoin’s Growth: Toncoin, developed from the Telegram blockchain project, is gaining significant traction. The Telegram app has integrated Toncoin solutions, and the upcoming launch of an in-app decentralized application store and a Web3 browser is expected to drive further growth. Toncoin’s TVL has skyrocketed, and the anticipated Hamster Kombat airdrop is likely to fuel more interest (CoinCodex).
Bittensor’s Decline: In contrast, Bittensor (TAO) has seen a notable decline, dropping over 6% in the past 24 hours and 26% over the past week. This decrease has been accompanied by reduced trading volumes, indicating a cooling interest in this particular cryptocurrency (Benzinga).
SEC and Ripple: The SEC has requested permission to file an appeal in its case against Ripple Labs, following a mixed court ruling regarding XRP’s classification as a security. This move by the SEC could have significant implications for the broader cryptocurrency market and regulatory landscape (CoinGecko).
