Tag: Altcoin News

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Elon Musk Throws ‘Shade’ at Binance Over DOGE Handling, CZ Bites Back

Tesla and SpaceX CEO Elon Musk has scrutinized major crypto exchange Binance over dogecoin (DOGE) withdrawals, which are frozen due to a technical issue triggered by a software upgrade – calling the situation “shady.” “We are pretty certain it is an issue with the latest doge wallet,” replied Binance CEO Changpeng Zhao (CZ), adding that…
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Ripple Makes ‘Good Progress’ in Legal Row With SEC, Says Brad Garlinghouse

US blockchain company Ripple is making “good progress” in its efforts to resolve its legal conflict with the US Securities and Exchange Commission (SEC), hoping to end the row in 2022, according to the chief executive. Brad Garlinghouse, CEO of Ripple, said that the legal case, which is centered on the firm’s XRP token, is moving…
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JRR Token Banned by Author J.R.R. Tolkien’s Estate

JRR Token, a cryptocurrency denominated with exceptional similarity to the legendary writer J.R.R. Tolkien’s trademark, has been banned by the author’s legal body. Lawyers of the Tolkien Estate, the legal body which manages the property and the copyright for most of J.R.R. Tolkien’s works, argued that the cryptocurrency infringed the trademark of the English writer,…
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Bitcoin and Ethereum Remain At Risk, EGLD Rallies

Bitcoin price started a fresh decline below USD 58,500. BTC even broke the USD 57,500 support, and it is currently (12:04 PM UTC) consolidating losses. To start a fresh increase, it must clear USD 58,500 and USD 60,000. Besides, most major altcoins are struggling to start a recovery wave. ETH traded below USD 4,250, but…
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Crypto Market Sentiment Drops

Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market sentiment analysis service Omenics…. Read More: Crypto Market…
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A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week…. Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern  Read more »Pay, Trade, Buy Bitcoin…
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Bitcoin, Ethereum, and Altcoins Trying to Recover

Bitcoin price extended decline below the USD 56,000 level. BTC tested USD 55,500 and is currently (11:54 UTC) consolidating losses near USD 57,000. To start a fresh increase, the price must clear the USD 58,500 resistance zone. Besides, most major altcoins are also recovering losses. ETH climbed above USD 4,100, but it is facing resistance…
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Watch: Nym’s CEO on Mainnet Launch, Privacy Trends, and More

Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months…. Read More: Watch: Nym’s CEO on Mainnet Launch, Privacy Trends, and More  Read more »Pay, Trade, Buy Bitcoin with Credit Card

CRO Rallies as Crypto.com Scores USD 700M Arena Deal

Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.  At 8:43 UTC, CRO was trading at USD 0.458, having appreciated 9% in a day.…
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SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event

The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem’s metaverse for the first time and earn rewards in the process. The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63, dropping nearly 10% since. That…
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