Today's top crypto news highlights:
1. Bitcoin's Drop: Bitcoin has fallen to around $60,000 following heightened geopolitical tensions, specifically Iran’s missile retaliation attack on Israel
2. Shiba Inu's Rally: SHIB has surged by 37%, leading a crypto market rally alongside Dogecoin. This spike has revived interest in memecoins
3. Ripple's RLUSD Stablecoin: Ripple is advan
cing the development of its RLUSD stablecoin, which is expected to expand to Ethereum and the XRP Ledger.
4. EigenLayer Token Unlock: EigenLayer, a restaking protocol, has unlocked its native token EIGEN. It is now tradable on Bitfinex, boosting ecosystem participation.
5. Uruguay's Crypto Regulations: Uruguay has taken a leading role in Latin America's crypto regulations after its president signed a new law, setting the stage for further crypto integration.
6. Crypto Hacks in September: Over $120 million was lost in crypto hacks during September, with exchanges BingX and Indodax among those affected
7. Binance Executive Detainment: The wife of Tigran Gambaryan, a detained Binance executive, is calling for his release amid ongoing legal battles.
8. Cardano's Airdrop: Cardano’s Midnight project has launched an unprecedented token airdrop model called the Glacier drop, setting a new standard in token distribution.
9. Ripple's Legal Challenge: Ripple's previous court victory against the SEC is under threat, as the SEC prepares to appeal the ruling that initially favored
10. Market Overview: The overall crypto market has seen a 1.8% drop, with most top coins like Bitcoin and Ethereum experiencing minimal changes