UFO-themed Solana meme coins surged after the Pentagon published its first declassified UAP documents on Friday, igniting speculation across the crypto market. Several meme tokens tied to alien and UFO narratives posted strong gains as traders rushed into the trending sector.
Switzerland's Bitcoin reserve initiative is set to expire after campaigners gathered only around half of the required 100,000 valid signatures. The proposal would have required the Swiss National Bank to hold Bitcoin alongside gold and foreign currency reserves.
Ethereum markets faced renewed pressure after major holders and institutional issuers transferred more than 113,000 ETH, worth nearly $260 million, to exchange-linked platforms within hours. The large-scale Ethereum transfers came as US spot Ether ETFs recorded significant outflows, raising speculation about potential selling pressure in the crypto market.
A crypto analyst has laid out a technical case for XRP reaching between $8 and $12 by April 2027. This technical case is purely based on XRP's price pattern on the weekly candlestick timeframe chart and a projection of where the cryptocurrency goes from here.