Cryptocurrency market remains highly volatile and packed with news and predictions. Trading platform,
Binance, made a significant move concerning
LOOM Coin and others causing substantial market movement.
Bitcoin is nearing record highs with a looming US election. It skyrockets to above $67K as possible Fed rate cuts loom.
Stablecoin volume has surpassed that of Mastercard and PayPal as
digital payment wars continue. Some predict potential for
Altcoin outflows as token unlocks events loom. Certain negative trends include the risk of centralization in
Polygon and
Shiba Inu. Binance's listings and delistings resulted in price plunges affecting a handful of altcoins, including LOOM.
The
Loom Network price surged by 200% recently, aiming to soon reach $1. Loom Coin also saw a spectacular rally of 400% in a month, attaining 518% growth in the last 30 days. However, its price suffered a 70% decrease in the last 4 days, keeping the Market players on edge.
The
SEC's crypto strategy is facing possible overhaul while Binance decided to delist LOOM coin along with a few others. Institutions like the
European Union and
SEC's regulatory moves impact the Crypto sector. Platforms like Coinbase are also launching ERC20 tokens such as Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) which contribute to the sector's advancements. Alerts have been issued regarding new regulations particularly involving prospective ETF launches and
crypto-taxation alterations. The landscape looks set for significant changes.
LOOM Coin News Analytics from Thu, 10 May 2018 07:00:00 GMT to Tue, 12 Nov 2024 14:47:00 GMT -
Rating 3
- Innovation 3
- Information 7
- Rumor 6
