Altcoins
Latest news, analysis, and updates on Altcoins from A47 News.
3 stories in Crypto · Updated live
Hunter Biden's LAPTOP memecoin crashes over 95% shortly after launch
On September 9, 2026, Hunter Biden's LAPTOP memecoin launched on the Base blockchain and crashed more than 95% in its first hour of trading. The immediate cause of the crash was attributed to insufficient initial liquidity and the presence of trading bots, despite Biden's denial of any personal profit from the token. This incident highlights the volatility and risks associated with meme-based cryptocurrencies, potentially leading to increased scrutiny and regulatory discussions in the crypto space.
Ethereum Price Surges Past $2,600 Following U.S. CPI Data Release
On September 11, 2026, Ethereum (ETH) surged past $2,600 for the first time since February, reaching a session high of $2,663. This price movement was triggered by U.S. Consumer Price Index data that matched economist projections, leading to a broader cryptocurrency market rally and significant short liquidations. The long-term implication suggests that if ETH maintains support above $2,500, it could target levels between $2,800 and $2,950, indicating a potential recovery in the cryptocurrency market.
Bitwise Liquidates Dogecoin ETF BWOW Due to Low Demand
Bitwise announced the liquidation of its Dogecoin ETF BWOW on September 10, 2026, following a significant decline in investor interest since its launch ten months prior. The immediate cause for this decision stems from the ETF's inability to attract substantial assets, with holdings dropping below $1 million despite initial trading volume of $3 million. This liquidation reflects a broader trend in the cryptocurrency market where Dogecoin ETFs struggle to gain traction compared to more established assets like Bitcoin and Ether, potentially leading to further consolidation in the crypto ETF space.
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Ethereum Price Surges Past $2,600 Following U.S. CPI Data Release
On September 11, 2026, Ethereum (ETH) surged past $2,600 for the first time since February, reaching a session high of $2,663. This price movement was triggered by U.S. Consumer Price Index data that matched economist projections, leading to a broader cryptocurrency market rally and significant short liquidations. The long-term implication suggests that if ETH maintains support above $2,500, it could target levels between $2,800 and $2,950, indicating a potential recovery in the cryptocurrency market.
Bitwise Liquidates Dogecoin ETF BWOW Due to Low Demand
Bitwise announced the liquidation of its Dogecoin ETF BWOW on September 10, 2026, following a significant decline in investor interest since its launch ten months prior. The immediate cause for this decision stems from the ETF's inability to attract substantial assets, with holdings dropping below $1 million despite initial trading volume of $3 million. This liquidation reflects a broader trend in the cryptocurrency market where Dogecoin ETFs struggle to gain traction compared to more established assets like Bitcoin and Ether, potentially leading to further consolidation in the crypto ETF space.
Hunter Biden's LAPTOP memecoin crashes over 95% shortly after launch
On September 9, 2026, Hunter Biden's LAPTOP memecoin launched on the Base blockchain and crashed more than 95% in its first hour of trading. The immediate cause of the crash was attributed to insufficient initial liquidity and the presence of trading bots, despite Biden's denial of any personal profit from the token. This incident highlights the volatility and risks associated with meme-based cryptocurrencies, potentially leading to increased scrutiny and regulatory discussions in the crypto space.