By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Jurors view ‘Freak off’ images too graphic to be shown to public
    Jurors view ‘Freak off’ images too graphic to be shown to public
    May 15, 2025
    Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
    Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
    May 15, 2025
    For U.S. Defense Industry, These Minerals Really are ‘Critical’
    For U.S. Defense Industry, These Minerals Really are ‘Critical’
    May 14, 2025
    Did the US flinch first in tariff war with China? | Trade War News
    Did the US flinch first in tariff war with China? | Trade War News
    May 14, 2025
    Saudis use burgers to impress Trump (VIDEO) — RT World News
    Saudis use burgers to impress Trump (VIDEO) — RT World News
    May 14, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
    Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
    May 15, 2025
    Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
    Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
    May 14, 2025
    Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
    Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
    May 14, 2025
    Top South Korean presidential hopefuls support legalizing Bitcoin ETFs
    Top South Korean presidential hopefuls support legalizing Bitcoin ETFs
    May 14, 2025
    Ex-SEC Chair Gary Gensler privately supported crypto — McHenry
    Ex-SEC Chair Gary Gensler privately supported crypto — McHenry
    May 14, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Top 3 Altcoins To Monitor This Week
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Cryptocurrency > Top 3 Altcoins To Monitor This Week
Top 3 Altcoins To Monitor This Week
Cryptocurrency

Top 3 Altcoins To Monitor This Week

Published July 16, 2024
Share
5 Min Read
SHARE

Contents
#1 Ethereum: Crypto’s Next Spot ETF?#2 XRP Lawsuit: Settlement Talks?#3 Cosmos: V18 Upgrade

This week in crypto, several key developments stand out that could significantly influence the price and adoption of certain altcoins. Here, we explore the top three altcoins to monitor this week: Ethereum, XRP, and Cosmos, each poised at the brink of potentially market-shifting news.

#1 Ethereum: Crypto’s Next Spot ETF?

The crypto community is still waiting for the approval of the first US spot Ethereum Exchange Traded Funds (ETFs), a development that could usher in new institutional investment. Nate Geraci, host of the ETF Prime podcast and co-Founder of the ETF Institute, has predicted via X that approval could arrive this week.

“Welcome to spot eth ETF approval week… I’m calling it. Don’t know anything specific, just can’t come up w/ good reason for any further delay at this point. Issuers ready for launch,” he expressed. On Friday, Geraci speculated that the SEC could play the spot ETH ETF “S-1s similar to the 19b-4s… *Extremely* tight-lipped.”

Echoing this sentiment, Bloomberg’s ETF specialist, Eric Balchunas, stated, “Yeah, rn it’s all quiet on the Western Front re eth ETFs. Nada from SEC this week. Unclear why they taking such sweet ass time. Every issuer is ready. Docs are ready. It’s like a rain delay in baseball. Gotta just wait. Maybe things will move fast next week. We’ll see…”

The crux of the matter lies with the US Securities and Exchange Commission’s (SEC’s) handling of the S-1 registrations necessary for these ETFs to go live. Having already granted initial approval on May 23, 2024, the market awaits the final signoff on these forms, a step that could significantly impact Ethereum’s liquidity and market exposure.

#2 XRP Lawsuit: Settlement Talks?

One year and a few days after the summary judgment by Analisa Torres, Ripple Labs might be nearing the end of its legal battle with the SEC. According to a rumor floating around on X, the crypto firm could attend a scheduled private meeting with the SEC on July 18, 2024, as reported earlier today.

Speculation about a potential settlement has been fueled by crypto exchange Bitrue’s ambassador Brett Hill, who tweeted about the meeting: “BOOOOOOOM! private executive meeting at their headquarters in Washington for this Thursday (18 Jul-24)! Reliable sources have informed us that this meeting is connected to the Ripple vs SEC resolutions and the finalization of the court case! #XRP.”

Importantly, the SEC’s official announcement outlines the logistics and nature of the meeting, however, it does not explicitly reference the Ripple case.

#3 Cosmos: V18 Upgrade

Cosmos is set to undergo a significant network enhancement with the v18 upgrade, aimed at refining governance and transaction efficiency. Scheduled for implementation on July 17th, the upgrade is poised to introduce a permissioned CosmWasm, enabling the deployment of smart contracts upon community approval.

This governance-focused upgrade aligns with Cosmos’s aim to bolster security and control over which contracts can be added to the network, minimizing risks associated with open deployments.

Another feature of the Gaia v18 upgrade is the Dynamic Fee Module, a mechanism that dynamically adjusts transaction fees based on network congestion, akin to Ethereum’s EIP-1559. This feature promises to optimize fee structures, potentially enhancing network performance during peak periods and providing a more predictable fee environment for users.

The introduction of expedited governance proposals is also noteworthy, as it allows for quicker community response to urgent network decisions, thus enhancing Cosmos’s agility in governance and strategic decisions.

At press time, ETH traded at $3,341.

ETH price hovers just below the 0.618 Fib, 1-week chart | Source: ETHUSD on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

#Top #Altcoins #Monitor #Week

TAGGED:altcoinsmonitortopweek
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article BlackRock Takes Down YouTube Video of Trump Shooter BlackRock Takes Down YouTube Video of Trump Shooter
Next Article Trump officially nominated; JD Vance announced as running mate Trump officially nominated; JD Vance announced as running mate
- Advertisement -

Latest Post

Jurors view ‘Freak off’ images too graphic to be shown to public
Jurors view ‘Freak off’ images too graphic to be shown to public
World News
Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
Gaza hospital attack: Analysis contradicts Israel’s evidence justifying airstrike | World News
World News
Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
Dan Morehead Sees Decades of Bitcoin (BTC) Upside Ahead as Pantera Bets on Broad Crypto Future
Cryptocurrency
Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
Cryptocurrency
For U.S. Defense Industry, These Minerals Really are ‘Critical’
For U.S. Defense Industry, These Minerals Really are ‘Critical’
World News
Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet
Cryptocurrency
- Advertisement -

You Might Also Like

SEC Delays Ruling On Grayscale’s Bitcoin ETF Application: Will the Decision Arrive In 3 Days?
Cryptocurrency

SEC Delays Ruling On Grayscale’s Bitcoin ETF Application: Will the Decision Arrive In 3 Days?

August 15, 2023
Shiba Inu (SHIB) price outlook after Shibarium setback
Cryptocurrency

Shiba Inu (SHIB) price outlook after Shibarium setback

August 18, 2023
Dogecoin Holders Spend Their Recent Gains On Mpeppe Positioned To 300x
Cryptocurrency

Dogecoin Holders Spend Their Recent Gains On Mpeppe Positioned To 300x

August 13, 2024
A quiet weekend at the box office, with ‘The Beekeeper’ on top and some Oscar boosts
Business

A quiet weekend at the box office, with ‘The Beekeeper’ on top and some Oscar boosts

January 28, 2024

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?