Grayscale Eyes Altcoins Amid Increasing Competition For Bitcoin Investments
While Bitcoin (BTC) exchange-traded funds (ETFs) are gaining traction in Canada, new competitors for Grayscale emerge, as the company is increasingly eyeing altcoins.
DOGE Dips With Market While Musk Laughs at SEC Investigation Rumor
The coin that could well be the memest of all memecoins, dogecoin (DOGE), continues swimming in the sea of red today alongside the rest of the market. Meanwhile, Tesla supremo and the mover of markets Elon Musk seems quite amused by a rumor of a US Securities and Exchanges Commission (SEC) investigation.
Bitcoin, Ethereum and Altcoins Consolidate Below Major Hurdles
Bitcoin price is consolidating below the USD 51,500 and USD 52,000 resistance levels.
Ethereum is stuck in a range below USD 1,665, XRP is now well below the USD 0.500 resistance.
ENJ and FTM gained over 20%.
Digital Yuan Scammers Gathering Momentum as Token Rollout Nears
Police in China are warning that digital yuan-themed scams are starting to appear in the country – as opportunistic fraudsters attempt to trick citizens out of their money with central bank digital currency (CBDC)-themed get-rich-quick schemes.
Binance Tests New IEO Format With AC Milan Fan Token
Today, major crypto exchange Binance tested its new initial exchange offering (IEO) format with the sale of AC Milan Fan Token (ACM) built on the Chiliz blockchain.
Crypto.com Aiming to Hit 100 million User Target by 2023 as CRO Surges
The masterminds of the Crypto.com app say that their platform is experiencing “accelerated growth,” and is now expecting to reach the 100 million user mark by 2023, a milestone that it claims is a “full two years ahead of schedule.”
MoneyGram Says it Still Supports Ripple Despite Partnership Pause
The money transfer firm MoneyGram claims its support for Ripple is still in place, despite an announcement that it will suspend the receipt of “market development fees” – but the two companies endured a bitter fate on the stock market, with the former’s stocks (many of which are Ripple-owned) taking a plunge.
Japanese Lonely Hearts Warned to Beware Dating App Crypto Scammers
Japanese men aged 30-49 are increasingly finding themselves the target of sophisticated crypto scams that pry on love-hungry users via dating apps – with a national watchdog stepping in with a warning to be mindful of the risks of investing in tokens on the advice of strangers.
Crypto.com’s CRO Doubles On Sudden Massive Burn News
The price of CRO, the native token of Crypto.com Chain, doubled in a few hours as Crypto.com said it will burn CRO 70bn as they're preparing for the CRO Chain Mainnet launch.
Crypto Market Sentiment Remains Positive, Tether Drops
This week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins remains positive at 6.25 out of 10, but it is slightly lower compared to the previous week’s 6.43, according to crypto market sentiment analysis site Omenics data.