Altcoins Are Headed to $0...

Adam Back warned that rising Bitcoin dominance is putting pressure on altcoins and meme coins.

Here's what we've got for you today:

  • Adam Back Says Altcoins and Meme Coins May Head to Zero

  • Russia Dumps Gold, Pushes XRP as Sanctions Pressure Mounts

  • Polymarket and Kalshi Face Heat as Congress Opens Insider Trading Probe

  • NYT Report Alleges CFTC Helped Trump-Connected Crypto Firms

πŸ‘€ Adam Back Says Altcoins and Meme Coins May Head to Zero

Adam Back warned that increasing Bitcoin dominance and changing market conditions could push many altcoins and meme coins toward β€œ$0.”

πŸͺ™ Russia Dumps Gold, Pushes XRP as Sanctions Pressure Mounts

Russia reportedly sold close to 900,000 ounces of gold in 2026 as sanctions and war costs mount, and analysts also noticed growing interest in blockchain-based settlement systems tied to XRP infrastructure.

βš–οΈ Polymarket and Kalshi Face Heat as Congress Opens Insider Trading Probe

US lawmakers launched an investigation into Polymarket and Kalshi over concerns that politically connected traders may have used insider information to profit from major geopolitical and election-related bets.

πŸ”Ž NYT Report Alleges CFTC Helped Trump-Connected Crypto Firms

A New York Times investigation claims senior CFTC officials helped clear regulatory hurdles for crypto firms tied to the Trump family, while internal staff raised concerns over consumer protections and approval standards.

πŸ‘€ QUICK NEWS

MEME OF THE DAY

How did you like today's newsletter?

Login or Subscribe to participate in polls.

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!