Check Out SHIB, ADA, and These 11 Altcoins: There Are Critical Developments!

While Bitcoin dropped to $39,000, selling pressure on SHIB and XRP strengthened. Here are the most important developments of the week that keep the bulls alive...
 Check Out SHIB, ADA, and These 11 Altcoins: There Are Critical Developments!
READING NOW Check Out SHIB, ADA, and These 11 Altcoins: There Are Critical Developments!

Let’s list the altcoin news of the week from Shiba’s (SHIB) million-dollar transactions to Shadow Fork, which played an important role in Ethereum’s transition to ETH 2.0.

News of the week from SHIB, LUNA, ADA and XRP

  • In the Ripple-SEC case, US Magistrate Sarah Netburn urged the SEC to reconsider its willful due process privilege (DPP) decision. refused his move. The decision was interpreted as a huge win for Ripple against the SEC.
  • Shipping company UPS has filed a trademark application as part of a gaming experience that includes sending packages across the metaverse.
  • Cere Network’s first decentralized data cloud platform (DDC), announced its strategic partnership with Biconomy to provide gas free transactions.
  • British Virgin Islands-based IDEG Asset Management (IDEG) has launched its Enhanced Ethereum Portfolio, which tracks Ethereum (ETH) price to increase returns and flatten volatility.
  • WhaleStats reports that $9.13 million Shiba Inu (SHIB) has been purchased by the top 5,000 Ethereum whales in the past 24 hours.
  • Meta (formerly Facebook) has released their new tool for selling virtual goods on Horizon Worlds.
  • Uniswap Labs has launched a new venture wing, Crypto Ventures Wing, to invest in projects on the Web 3.
  • The National Basketball Association (NBA) has announced its plans for NFTs in a series of publicly disclosed trademark applications. Two Ethereum Name Service (ENS) domains nba.eth and theassociationnft.eth were detected in a wallet associated with league chairman Adrienne O’Keeffe.
  • Former Ethereum developer Virgil Griffith will be sentenced in a New York courthouse on April 12 after pleading guilty to a conspiracy charge to violate international sanctions against North Korea last September. As
  • Kriptokoin.com, Ethereum’s first mainnet Shadow Fork was released today.
  • White Star Capital has raised $120 million for its second crypto fund that invests in companies developing metaverses.
  • Shrapnel, a futuristic shoot-’em-up game based on Avalanche, has completed a $7 million token sale involving Dragonfly and Three Arrows Capital, as well as angel investors like Keith Nunziata and Jason of Citadel Global Equities.
  • Cardano (ADA) grew 1600% from December 2020 to 3,200,000 wallets in the first quarter of 2022.
  • Swiss public exchange Helveteq has launched two new crypto ETPs, Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether Zero / ETH2O).
  • Findora (FRA) rose over 30% after being listed on the KuCoin exchange.
  • Cardano whales reach new ATH level, capturing 46% of circulating ADA supply.
  • Terraform Labs CEO and founder Do Kwon, on Terra’s cross chain health Avalanche (AVAX), Solana (SOL), Osmosis (OSMO), Phantom (FTM), and Polkadot’s DeFi platform Moonbeam announced that the integration is complete.

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