TikTok Warns Influencers from Promoting Cryptos Amid Escalating Fraud Cases

TikTok, Social media platform, announced on Friday that certain ads would no longer be allowed on their forum. Crypto-based promotional content, share trading and buy now pay later are among the forbidden topics, according to an article from FT Adviser on July 8. In addition, TikTok’s new guidelines now globally prohibit the promotion of all financial services and products. According to the report, the ban aims to halt the worrying trend of risky investments being touted on social media. Most…

Crypto Adoption Progresses As Volatile Digital Currencies Continue Unravelling

Jeremy Allaire, CEO of Circle, believes that there's plenty of room for bitcoin, volatile cryptos, and more stable versions like stablecoins in this burgeoning asset class. He said that a continued proliferation in the adoption and development of cryptos generally would be observed. He also noted there would be dramatic growth in fiat digital currency models – whether done via private companies, consortium models, or government-led initiatives. Cryptocurrency Price Check Cryptocurrency prices continued to fluctuate on June 30 as it…

Less than a Dollar Cryptos to Diversify your Portfolio in 2021

The market price of the most popular crypto projects is over a dollar and is relatively expensive to most investors. Similarly, cryptos are valued under a dollar, where some possess features that make them stand out in the crypto market.  Here's a look at the most promising cryptocurrencies costing less than a dollar that you should consider buying in 2021. Algorand Algorand is a blockchain protocol whose functions aim at being decentralized, scalable and secure. Since its launch, Algorand has…

Positive News For Dogecoin as a New Transaction Fee Change Emerges

A proposal published by Patrick Lodder on GitHub suggests that Dogecoin’s standard transaction costs should be reduced by 100x. The proposal starts by explaining the platform’s historical fee policy introduced in 2014 to eliminate on-chain spam.  The proposal indicates that in 2020, most transactions did not adhere to the default policy. In essence, almost 8% of the transactions employed a free tier model where no fees were paid, while 11% of transactions used a fee calculation model similar to Bitcoin. …

Is Dogecoin A Fad To Short-Term Crypto Trading Fashion?

If you are a true cryptocurrency enthusiast, I bet we both know that the industry can be pretty lucrative. However, that doesn't mean anyone can hop in, invest and make huge chunks of money. The returns are never guaranteed, and success isn't that easy. Seasoned traders use different trading strategies, including software, to help them choose the right coins and detect the correct entry and exit times. Nevertheless, everyone must start somewhere. It's so easy right now to get tempted…

Vitalik Suggests Elon Musk’s Plan For Scaling Dogecoin is Unviable

Elon Musk's claims of Dogecoin's superiority sparked a critical view from Ethereum's creator Vitalik Buterin, who firmly disagrees with him. In a blog post published on May 23, Vitalik gave some detailed thoughts on blockchain scalability. In part, the post refuted Elon's claim that a massive increase to Dogecoin's block size would scale the network to a victorious extent. On May 15, Elon claimed that if Doge speeds up block time 10X, it increases block size 10X & drops the…

What Would Be The Fate Of Dogecoin After Coinbase Listing?

For Dogecoin (DOGE) holders, the times couldn't be more exciting. Buoyed by endorsements from the likes of Elon Musk and Mark Cuban, the so-called joke coin has appreciated sharply in value. And it seems that the interest it had generated isn't waning anytime soon. Coinbase, U.S's popular crypto exchange platform, has announced plans to list DOGE in the coming weeks. Accelerating Asset On-Boarding According to Coinbase's CEO Brian Armstrong, the exchange is working to accelerate its assets onboarding process. Among…

Tesla CEO Debates Accepting DOGE as FNTX Allows Buying Condos with Dogecoin

Earlier this week, Tesla CEO Elon Musk set out to ask his Twitter followers, 'Do you want Tesla to accept Doge?' in a Twitter poll. The results, as expected, moved in favor of the joke crypto's acceptance. Elon Musk has been relentless in his support for Dogecoin over the past few months. He termed the virtual currency a 'hustle' as a celebrity guest host on the US comedy show Saturday Night Live. Do you want Tesla to accept Doge? —…

4 Top Short Term Cryptocurrency Investment Projects

The Covid 19 pandemic made 2020 one of the most challenging years on record. Businesses were brought to their knees, forcing massive government bailouts through currency printing. Everyone wants to get back on their feet, especially now that vaccine rollouts are increasing in scale. A good investment with fast short-term gains may be just what you may need to stay afloat. The recent rebound by many cryptos offers that ray of hope regarding making such gains. As such, various exciting…

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