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Trust Wallet Token and Tradecurve coins surge over 20% in 7 days, SHIB is green

There have been positive price movements for Trust Wallet Token, Tradecurve, and SHIB, which is noteworthy considering the current bear market.  Further details on these updates can be found below. >>Buy TCRV tokens now<< Trust Wallet is rallying In recent developments, the Trust Wallet Token has garnered attention within investor circles as it has been in green in the past 24 hours. Rising 4.4%, the Trust Wallet Token is currently trading at $0.961466 as of June 21, 2023. It is also up 21.6% in the past trading week. During this time, the token’s value fell to as low as $0.802608 and peaked at $0.971612.  You might also like: Stacks up over 40%, ethereum is on an upward trajectory, tradecurve is up 80% On December 11, 2022, the Trust Wallet Token hit its highest value ever, which was $2.72. This success encouraged investors about the progress of alternative cryptocurrencies. It’s worth mentioning that Trust Wallet Token was one of many altcoins th...

COTI Plummets to Zero After SEC Labels Token as Security, But Green Crypto Surges to $5.1 Million – Is It the Perfect Buying Opportunity?

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$COTI’s price is rapidly plummeting to zero after being designated as a security by the US Securities and Exchange Commission (SEC). The SEC has recently taken legal action against Binance and Coinbase, classifying $COTI and several other cryptocurrencies as securities. Amidst this turmoil, a utility-driven token, $ECOTERRA, has emerged as a standout performer, reaching an impressive presale valuation of $5.1 million. $COTI Price Retraces Despite SEC Clampdown At press time, the $COTI token is trading at $0.05. This indicates an increase of 6.36% in the last 24 hours but a decline of over 27% compared to last month. Analyzing $COTI’s performance over a shorter timeframe reveals a 10.15% upward movement in the past week, suggesting an ongoing rally. With a trading volume of $4 million in the last 24 hours, the coin is retracing its bullish trend. However, $COTI has displayed a bearish sentiment over the long term, experiencing a 30-day decrease of 26.73% and a downtren...

Why we should treat Anarchy ($ana) and other meme coins carefully

Anarchy ($ana) is a new trending meme coin presently in its presale, sporting promises of a rebellious revolution, individual freedom and unprecedented returns. But does this claim stand up to a reality check? Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Amid the razzle-dazzle of the cryptocurrency market, the advent of meme coins has been a spectacle in itself. While we don’t shy away from understanding its supposed advantages, we stress the importance of recognizing the potential hazards, risks, and market manipulations associated with such coins . Once the domain of tech enthusiasts, cryptocurrency has matured into an investment class attracting every Joe and Jane looking to make a quick buck.  However, beneath the glitz and glam, the surge of meme coins, often built around internet humor, has painted a worrying picture. These coins often teeter on the line betwee...

Spectra (SPCT) Aims For Promising Gains, Challenging Litecoin (LTC) And Filecoin (FIL) For Market Share

The crypto market is full of winners like Litecoin (LTC) and Filecoin (FIL), but none are immune to competitors like the upcoming Spectra (SPCT) platform. Spectra (SPCT) will be a crypto platform for blockchain project investment , set to disrupt the offerings of Litecoin (LTC) and Filecoin (FIL). Litecoin (LTC) is very valuable and Filecoin (FIL) is a highly innovative concept, yet this hasn’t stopped analysts from predicting success for Spectra (SPCT). This article will analyze exactly why this is, what each token offers, and why Spectra (SPCT) could be a wiser investment than Litecoin (LTC) and Filecoin (FIL) in 2023. Spectra (SPCT) Spectra (SPCT) is a crypto token planning to create a DeFi crowdfunding platform, empowering beginner and expert investors to invest in upcoming crypto projects. ICO and project investment usually require connections and minimum stakes, but Spectra (SPCT) will facilitate simple and universal access to its opportunities. The Spectra (SPCT) p...

Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’

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Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from hodling the cryptocurrency. The government of China has tried hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original cryptocurrency has gained around 36% since the Chinese government stated it would become worthless in 2022. Amid the bear market, China attempted to capitalize on a massive market decline, warning crypto investors that Bitcoin prices were “ heading to zero.” In June 2022, the Chinese national news media agency, Economic Daily, issued a warning about Bitcoin to assure citizens the asset was a worthless “string of digital codes.” “In the future, once investors’ confidence collapses or when sovereign countries declare Bitcoin illegal, it will return to its original value, which is utterly worthless,” the article read. While it’s yet to be seen whether Bitcoin is heading to zero one da...

Hunter Biden to Plead Guilty to Federal Tax Case

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The son of the US president, Hunter Biden, is expected to plead guilty to an ongoing Federal tax case. Moreover, Fox News reported that Biden is set to enter a plea after a “year-long investigation into his tax affairs.” President Joe Biden’s son will reportedly plead guilty to two misdemeanor counts of “willful failure to pay federal income tax.” Additionally, Biden is expected to enter a plea agreement on a separate charge. Moreover, that pretrial diversion agreement is reported following an unlawful possession of a firearm charge.  Source: CNN Hunter Biden to Plead Guilty in Tax and Firearm Case According to a new report from Fox News, Hunter Biden is expected to plead guilty in a federal tax case. Additionally, there is an expectation that he will plead guilty to a pretrial diversion agreement regarding another lawsuit. That one is connected to the unlawful possession of firearms by a user of a controlled substance, the report stated. The US attorney for the District of Delaware, D...

Bizarre Google Translate Error: Andrew Tate's Bitcoin Seizure Misreported

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Andrew Tate Bitcoin Holdings Social media influencer, Andrew Tate was taken into custody in December following allegations of human trafficking and sexual assault. After an extensive investigation by DIICOT, he has been placed under house arrest since March. advertisement According to the latest press release, Tate, along with three other defendants, has been ordered to face trial under house arrest. The charges leveled against them include constituting an organized criminal group, human trafficking, rape, illegal access to computer systems, and instigation of violence. Read CoinGape’s Coverage of Tate’s Trial.. Contrary to the initial misinformation, the press release confirms that 21 BTC were seized as part of the investigation. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

Web3 usernames may see greater adoption due to recent advancements

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New developments such as free usernames, cross-chain names, and chat functions may lead to more addresses being associated with a name. Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin, at his username of vitalik.eth without knowing that his address is 0xd8da6bf26964af9d7eed9e03e53415d37aa96045. But despite this advancement making it much easier to identify users, hardly anyone has taken advantage of it. There are over 200 million unique addresses on Ethereum, yet only 2.2 million .eth names were registered as of January. This means that at least 97% of Ethereum addresses are not associated with an ENS username. This lack of usernames creates user experience problems in the Web3 ecosystem. Just imagine if earl...

Growing Resistance at $1,750: Key Ether Price Metrics Highlighted

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Ether (ETH) token, the foundation of the Ethereum network, recently underwent a dramatic price decline. The slump saw the proof-of-stake (PoS) token fall to its lowest point in three months. Investors and industry watchers are concerned about this unexpected decline. Regulatory pressure and a drop in the use of decentralized applications (DApps) have tempered investor attitude towards Ether. Furthermore, Ethereum price decline has consequences that go beyond brief fluctuations in market value. It has prompted a thorough investigation of the market variables at work and their possible influence on Ether’s trajectory in the future. Ether Price Hits Three-Month Low: A Closer Look at Recent Plunge Between June 13 and June 15, the price of ether fell by 8.27%, reaching its lowest level in three months. Investors’ expectations that the altcoin would reach $2,000 as a support level have been impacted by this downturn. Source: TradingView The market capitalization of Ether at t...

On-chain data show crypto whales accumulating ethereum

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On-chain data from Lookonchain, a blockchain analytics platform, reveals that in the past few trading days, crypto whales have been accumulating ethereum (ETH), buying millions worth of the coin. Whales accumulating ethereum Notably, some of the whale moves involved Hashkey. Hashkey spent 7.47M $USDT to buy 4,578 $ETH at $1,643 from #Binance during the #USDT depegging yesterday. Hashkey is very smart on $ETH. Bought 1,747 $ETH ($2.5M) at $1,431 during #USDC depegging. Sold 3,540 $ETH ($7.4M) at $2,091 at the highest price point of this year. pic.twitter.com/LrPFHWZgXx — Lookonchain (@lookonchain) June 16, 2023 On-chain data shows that Hashkey made several strategic moves to capitalize on the market conditions. In one instance, the whale bought 1,747 ETH for $2.5 million at $1,431 during the de-pegging of USD Coin (USDC).  You might also like: Coinbase raises USDC rewards to 4% amid SEC regulatory scrutiny The whale then sold 3,540 ETH for $7.4 million at the high...

Tagomi Launches Lending And Borrowing Platform For Crypto Traders

Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry, over the course of this year, has seen leading institutions step up their efforts to create different kinds of products in a bid to further the reach of cryptocurrencies. Crypto assets are growing in value, and many people have begun engaging in the trade of this asset class. Tagomi, one of the leading cryptocurrency broker agencies, has announced that it is launching a lending and borrowing platform for cryptocurrency. The agency is working on creating a market structure similar to Wall Street for cryptocurrency. The lending and borrowing platform takes Tagomi a step further towards achieving the setup of a Wall Street like structure. Lending and borrowing cryptocurrency Tagomi made the announcement of the lending and borrowing platform for the firm’s institutional clients. These clients will be able to borrow the two leading cryptocurrencies, Bitcoin and Ethereum, from several inst...

Bitcoin price eyes $26K ‘acceleration’ zone as Binance fears fade

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An ongoing recovery from U.S. macroeconomic policy updates could spell more sustained progress for BTC price into the holiday weekend. Bitcoin (BTC) headed toward a “crucial area” after the June 16 Wall Street open as a recovery from three-month lows continued. BTC/USD 1-hour chart Bitcoin reinforces rebound from multi-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $26,000 on Bitstamp. BTC price built on an overnight rebound from its lowest levels since early March amid ongoing regulatory and macroeconomic pressures. For Michaël van de Poppe, founder and CEO of trading firm Eight, $26,000 represented a key level for bulls to flip next. “Long weekend is coming up with the bank holiday on Monday,” he told Twitter followers, referencing the June 16 Martin Luther King Jr. holiday in the U.S. “For Bitcoin, crucial area to break is $26K. If that breaks, we'll have some acceleration . I'm still long, would still long if we reach $24.4K too.” Th...