Litecoin, also known as "Digital Silver", has achieved a significant milestone by surpassing 170 million network transactions. The cryptocurrency has experienced a surge in financial activities, with over 10 million new transactions in just seven weeks. This steady momentum reflects Litecoin's growing popularity and acceptance.

According to Glassnode, a record amount of Bitcoin (BTC) has been changing hands near the current spot price of $30,000, making it the most popular "buy" level ever. The data suggests significant demand for the cryptocurrency at this price point, despite the recent price action stalling.

The Moving Average Convergence Divergence (MACD) suggests that there may be potential growth in the Bitcoin market, as it has shown an upside MACD cross. This technical analysis tool is commonly used by traders to identify buy and sell points and can be applied to cryptocurrency.

The cryptocurrency project TheADA has raised almost $4 million in its Seed round, which will be used for marketing, development and project growth. The team plans to use the funds to enhance existing features, introduce innovative functionalities and improve the overall user experience.

Investors are being warned to exercise caution with the newly launched cryptocurrency project, WALTER2.0. Despite experiencing a surge of 30,000% in just 24 hours, the project has been labeled a potential honeypot scam by the DEXTools launchpad. Additionally, poor performance in community votes has fueled suspicions that the project may be used to defraud investors. Experts recommend exploring alternative community-driven tokens such as $WSM, $THUG, and $HANKEY for more reliable investment opportunities. It is important to research the authenticity of a project before investing to ensure a safe investment.

Ripple Labs has won a significant victory in a federal court ruling which declared that its cryptocurrency token, XRP, is not a security. This means that Ripple can now explore various business opportunities without the constraints imposed by securities regulations. The ruling challenges the US Securities and Exchange Commission’s position on XRP and is considered a landmark moment for the crypto industry. While questions remain regarding the longevity of the decision in the face of potential appeals and its impact on other ongoing legal battles, the market has responded positively to the verdict.

After a surge in prices on Thursday following Ripple Labs' court victory, cryptocurrency prices have cooled off on Friday. Bitcoin, the largest cryptocurrency, dropped over 5% to a low of $30,076 from a high of $31,800. Ether also saw a drop to $1,910 after briefly surpassing $2,000 for the first time in two months. XRP experienced the biggest drop, trading at $0.69, down 25% from its peak of $0.93.

A federal judge in Washington, Judge Analisa Torres, has ruled that Ripple Labs’ token, XRP, is not a security when purchased by retail investors. This decision has caused a shift in the narrative surrounding cryptocurrencies and has caught the attention of policymakers in Washington. The ruling distinguishes between sales to institutional investors and those to retail purchasers, stating that XRP would be considered a security when bought by institutional investors but not when purchased by individuals. The exclusion of a crypto mining tax permits the current administration to maintain a neutral stance on bitcoin, which seems to be a contentious topic. As Washington’s interest in cryptocurrency grows, keeping tabs on political discourse regarding crypto assets becomes increasingly crucial.

A female accountant in Hong Kong was scammed out of HK$1 million worth of cryptocurrency by three men using counterfeit banknotes and a fake "cryptocurrency shop." The victim was lured in by an Instagram advertisement offering lucrative exchange rates and was given a bundle of fake banknotes to exchange for crypto. After transferring the crypto to a designated wallet, the "employee" left her with the counterfeit notes and never returned. Two of the suspects have been arrested, while the third is still being pursued by authorities.

Jared Tate, the creator of DigiByte, has reportedly stepped back from the project after his initial investment of nearly half a million dollars dwindled to just $500. Tate dedicated almost a decade of his life and invested approximately $500,000 in various stages of DigiByte's evolution. Despite his significant contributions, Tate's current holding of DigiByte cryptocurrency (DGB) only amounts to $500 due to bad trades and trusting the wrong people. Tate has called for greater community involvement in the project's future and urged the community to play a more proactive role.