Has altseason finished? XRP ETF applications flood in, and more
Crypto analysts are questioning the continuation of altcoin season as XRP ETF applications flood in from firms like Bitwise, WisdomTree, Canary, and 21Shares through Cboe BZX. Furthermore, the SEC is seeking more time to deliberate on Ethereum ETF options, extending their decision period until April 2025. Haliey Welch, known as 'Hawk Tuah', has spoken out after the collapse of her HAWK memecoin, mentioning the pressures and promises made regarding the project's impact on her charity. Meanwhile, former Celsius CEO Alex Mashinsky has requested to delay his sentencing hearing scheduled for April 8, citing various pressures from ongoing litigation. Additionally, Kanye West revealed he turned down a $2 million offer to promote a crypto scam, which he deemed unethical. In market movements, Bitcoin remains strong while altcoins struggle, with Bitcoin's market cap dominance hovering around 61%, slightly down from a peak of 64.3%. The top altcoin movers included significant gainers and losers. Legal battles continue as a judge has ruled Coinbase must face a lawsuit over unregistered securities sales, highlighting regulatory pressures within the cryptocurrency space.
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