Altcoin News

A token known as SQUID, based on an alleged play-to-earn game named after Netflix’s drama series Squid Game, has crashed to near zero after a massive pump last week. Meanwhile, the team behind the token, which raised multiple red flags, is throwing in the towel, saying they are “depressed” and “overwhelmed with stress.”

Fast-growing stablecoins are not a concern as long as “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve said in a speech this week.

The file sharing token bittorrent (BTT) surged higher in the crypto market today, following the news that the mainnet of its own BitTorrent Chain will be launched on December 12, along with a redenomination of all circulating tokens.

Sentiment across major coins in the crypto market continued to improve over the past week, after also seeing a strengthening last week, according to data from the market sentiment analysis service Omenics.

Eric Trump, son of the former US president Donald Trump, wants you to know that the new crypto using the family name, TrumpCoin, is not connected to the New York dynasty -- and is threatening the altcoin’s founders with legal recourse.

April is here, with spring and some green shoots starting to form in the crypto market.

Zachxbt, an anonymous crypto researcher and self-proclaimed "on-chain sleuth," has published an extensive list of crypto influencers and how much they allegedly charge to "shill" crypto projects on Twitter.

A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”

After a USD 175,000 seed investment by crypto gaming guild Yield Guild Games (YGG) into the competing guild Merit Circle last year, the latter guild’s community members are now proposing to refund the investment, complaining about a “lack of value” received from the investors. According to YGG, however, there were no conditions tied to its investment.

A torrid week for the users and operators of the crypto lender Celsius Network (operator of the celsius (CEL) coin) is continuing – with restructuring lawyers reportedly called in to help enact emergency measures.