Siacoin (SC) is a decentralized storage network that recently saw its price increase by 29% due to renewed interest. The price prediction for this cryptocurrency is optimistic, and numerous casinos are offering free SC Coins as bonuses. There is a growing trend in using SC as a promotional item in many online casinos, suggesting an upswing in its usage and therefore increasing its market viability. This growth trend for SC is backed by many price analyses and price predictions for the coming years.
SC Ventures invested in One Trading for EU crypto perpetual futures indicating several institutions are starting to consider SC and crypto investing on a larger scale.
Standard Chartered's recent establishment of a $100M firm focused on crypto startups also signals institutional interest in cryptocurrencies. Despite the positive news, the crypto market is fraught with scams and security breaches. Many fraudulent games and scams target new crypto investors, leveraging on the decentralization and anonymity of transactions. The
SEC has also been shifting its policy on crypto management, though the impact of this on Siacoin is not yet clear. Despite this, SC trading has started and continues to grow.
SC Coin News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Tue, 29 Oct 2024 23:07:58 GMT -
Rating 7
- Innovation 1
- Information 5
- Rumor -3
