Tag: Altcoin News

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In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader

Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins. Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders in over-the-counter (OTC), in-person trades – the latest attack…
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Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market

Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar…. Read More: Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto…
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Binance Releases Bill of Rights for Crypto Users

Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a “technology company to a financial services company.” Along those lines, the exchange published a ‘crypto bill of rights’…. Read More: Binance Releases Bill…
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Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire

A massive advertising campaign in London launched by Floki Inu (FLK), a memecoin named after Tesla chief Elon Musk’s Shiba Inu dog, has pushed some local politicians to demand a ban on ads featuring unregulated financial products displayed by Transport for London (TfL)…. Read More: Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire…
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CREAM Price Tumbles Following Rising Supply News

The decentralized lending protocol Cream Finance’s native token has fallen off a cliff following the news that the project aims to increase CREAM’s supply in order to compensate users affected by the recent hack. At 9:46 UTC Monday morning, CREAM is trading at USD 50.23 per coin, down by 10.8% over the last 24 hours.…
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Crypto Market Sentiment Unchanged; Cardano Takes the Throne

After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to the market sentiment analysis service Omenics…. Read More: Crypto Market Sentiment…
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South Korea’s Prospective New President Mulls ‘Giving a Crypto to all Citizens’

Crypto has become a key issue in the run-up to the South Korean presidential election – with shots firing in all directions as politicians hunt for votes. As previously reported, the ruling Democratic Party nominee Lee Jae-myung has already pledged to unpick crypto tax law to delay the imposition of a controversial 20% levy on…
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Tinder, Bumble Fall Head over Heels for Crypto, Metaverse

Sharp-elbowed tech companies are keen to take up every corner on the metaverse bandwagon. Two of the biggest names in the dating app space have decided that the metaverse could well be a perfect match for their business models…. Read More: Tinder, Bumble Fall Head over Heels for Crypto, Metaverse  Read more »Pay, Trade, Buy…
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Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum

Bitcoin price faced resistance near the USD 65,500 level. BTC started a fresh decline and traded below USD 65,000. It is currently (11:57 UTC) showing bearish signs near USD 64,000 and it might extend losses towards USD 62,000. Besides, most major altcoins resumed a downward move. ETH failed to clear USD 4,800 and declined below…
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Most Cryptos Correlated with Stocks, Not with Gold – Analysts

Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found. The correlation between the largest cryptocurrency and the S&P 500 stock index stood…
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