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Cronos price moved sideways on August 5, mirroring the performance of Bitcoin and most altcoins. Summary Cronos price has formed a bullish pennant and a golden cross pattern. The total value locked of the decentralized finance ecosystem is soaring. The stablecoin supply on Cronos has jumped to a record high. Cronos (CRO) token was trading … Read more
Bitcoin slipped under $115,000 on Friday, down nearly 1% on the day. While DeFi tokens are posting gains, several altcoins in the top 100 cryptos posted losses. Five key altcoins that weathered the storm could extend their rally in the coming weeks. Summary Toncoin is up 14% in the last seven days and added over … Read more
Altcoin season kicks in during the last week of July. Pudgy Penguins, Ethena, Story, Flare and Cronos, added between 15% and 39% to their value in the last seven days. As Bitcoin holds steady above $119,000, a further rally in the tokens is likely this week. Top 5 altcoins price performance | Source: Coingecko Altcoin … Read more
Key Takeaways Trump-backed Truth Social is seeking regulatory approval to launch a crypto blue chip ETF backed by major crypto assets like Bitcoin and Ethereum. The prospective ETF’s shares will trade on NYSE Arca if approved. Share this article Truth Social, the social media platform backed by Donald Trump, on Tuesday filed a Form S-1 … Read more
Key Takeaways Trump Media is launching ETFs with Crypto.com focusing on digital assets and American industries. The ETFs will be available globally pending regulatory approval, enhancing TMTG’s financial services strategy. Share this article Trump Media and Technology Group (TMTG), which operates Truth Social, has sealed a deal with Crypto.com and Yorkville America Digital in a … Read more
CRO rallied as high as 17% after the US SEC formally concluded its investigation into Crypto.com. However, most of these gains were quickly erased amid broader market uncertainty. According to crypto.news data, Cronos (CRO) jumped from $0.097 to as high as $0.114 on Mar. 28 before cooling off to around $0.1064 later in the day … Read more
CRO broke out of its multi-week consolidation phase following new developments within its ecosystem and the announcement of potential ETF plans. Cronos (CRO), rose 38% to an intraday high of $0.114 on March 25 afternoon Asian time as it broke out of its consolidation range of $0.07-$0.095 in which it had been stuck in for … Read more
A storm is brewing within Crypto.com and the Cronos ecosystem. Yesterday, a small group of whales flipped a governance vote to support a contentious proposal, allowing Crypto.com to reissue 70 billion CRO tokens. This decision increases the total supply from 30 billion to 100 billion, with the additional 70 billion CRO vesting over ten years—a … Read more
Crypto exchange Crypto.com has come under fire after a last-minute voting surge secured approval for its controversial proposal to mint 70 billion CRO tokens. According to a report from Unchained, the proposal had struggled to reach the required 33.4% quorum for most of the voting period. However, in the final hours, a sudden influx of … Read more
Crypto is no stranger to controversial proposals sparking bitter divides—Bitcoin and Bitcoin Cash stand as prime examples. While improvements have reduced the likelihood of hard forks, disagreements still surface. This week, Crypto.com is the talk of the town. The exchange has made a bold gamble that’s rattling its community by proposing the “unburning” of 70 … Read more
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