Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
TikTok Warns Influencers
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…
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