In today’s news, Nasdaq has filed with the SEC to list and trade Bitcoin Index Options. This is promising news, and if approved, it could lead to a significant rise in Bitcoin’s value. Keep an eye on this development!
Some of the top altcoins that are poised for explosive growth include Shiba Inu, thanks to the launch of Shibtourch, an auto-burning feature that reduces supply. Solana is also showing bullish signs, with a potential DeFi comeback on the horizon. Lastly, Polygon is looking primed for a breakout on the charts. These are definitely some coins worth researching.
Bitcoin’s price has fallen below $59,000 amid a broad market downturn, and Ethereum has also slumped about 10%. While this is another drop for crypto, remember that September isn’t always a strong month for the market.
In other news, XRP has appealed its lawsuit against the SEC. If XRP wins this appeal, the SEC would have to return the $125 million penalty and pay statutory interest, which wouldn’t be good for the SEC. However, the SEC has also filed an appeal, so the dilemma continues. Hopefully, it ends with good news, like XRP winning. I’m holding onto my XRP because I have faith in a positive outcome.
Just remember, this is news, not investment advice. Do Your Own Research (DYOR).
Thank you,
Crypto King
