| Mobile Web

Search results for Hedera

Crypto

Chainlink, Cardano and six groups ask SEC to codify digital commodities as non-securities

Six blockchain organisations including Chainlink Labs and the Cardano Foundation urged the U.S. Securities and Exchange Commission to formally classify digital commodities as non-securities and reflect that directly in its rules. They submitted a joint letter on Oct. 20 after the agency’s public comment period on proposed crypto asset rules closed. The groups said interpretive guidance alone leaves market participants exposed to legal uncertainty and called for clearer standards for secondary-market trading, staking and other activities.

Crypto

Doctor Profit sells XRP, says it is not time to buy altcoins

Crypto trader Doctor Profit has sold holdings in XRP and other altcoins, saying rising altcoin volume and heavy leverage have raised the risk of a near-term correction. He said altcoin spot volume has grown to about four times Bitcoin’s, and warned that leveraged trading could trigger forced liquidations if prices fall. He said he is short bitcoin from $86,200 with additional orders up to $89,500, targeting $79,000, while keeping long-term positions unchanged.

Crypto

Altcoin season fails to materialise despite bitcoin ETF outflows; demand concentrates in ETH, XRP, SOL

On a day when more than $120 million left U.S. bitcoin spot ETFs, about $59 million flowed into ETFs tied to ether, XRP and solana. The shift did not translate into broad-based altcoin gains, with BlockchainCenter’s altcoin season index at 37 versus a threshold of 75. Over 30 days, inflows and assets under management remained concentrated in bitcoin, ether, XRP and solana, while smaller altcoin ETFs drew far less.