Grayscale has filed to launch a Zcash ETF, following a whopping 1,000% price surge for the privacy coin. On the other hand,
AMP tokens are eyeing potential recovery to yearly highs, despite struggling to recover after reaching oversold levels. Analysts have a mix of opinions on a variety of financial companies, including Ameriprise Financial (AMP), Arthur J. Gallagher & Co (AJG) and Coinbase Global (COIN).
A controversy has sparked in the superannuation sector as
AMP buys Bitcoin, making it the first super fund in Australia to invest in cryptocurrency. AMP's decision is deemed a bold precedent by some, while others see it as questionable. A ripple effect of this decision might be seen on other super funds globally.
Even as
AMP and other cryptos rebound, Bitcoin ETFs have had one of their worst weeks on record, losing $1.2 billion. Factors such as the UK authorities ordering a bitcoin scam hacker to pay back $5 million and Epstein's worries about crypto taxes, appear to cast some clouds on the crypto economy.
AMP has started trading on Coinbase, joining the ranks of other newly inducted coins, such as Rari Governance Token (RGT) and XYO Network (XYO). Binance.US, however, has deemed it wise to delist AMP citing SEC's claim that it is a security which has led to some price fluctuation.
Looking into the future, AMP token is expected to hit the $1 mark, with predictions extending to 2040. Meanwhile, the global crypto market grapples with the rise of meme coins, hacker threats and regulatory challenges.
AMP Coin News Analytics from Thu, 16 Jan 2020 08:00:00 GMT to Wed, 26 Nov 2025 17:40:32 GMT -
Rating -2
- Innovation 3
- Information 6
- Rumor 0
