Bitcoin ‘Minnows’ Are Punching Above Their Weight Class; BTC Holds Around $41,500, APE Surges on Rumors

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Optimism-based projects spike on rumors of token airdrop

The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a Layer 2 scaling solution that utilizes Optimistic rollups to process a high amount of transactions off the […]

ApeCoin eyes 250% rally amid ‘bull pennant’ breakout, Robinhood APE listing rumors

ApeCoin’s (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern. APE price “bull pennant” breakout underway On April 13, APE’s price broke above the upper trendline of what appears to be a “bull pennant” chart pattern. Bull pennants appear when […]

Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout

People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch. In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang was asked about the CBDC’s official launch date, to which he replied: “These tests are just routine work for the research and […]

Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death

Following rumors that North Korea’s supreme leader Kim Jong-Un is either in declining health or dead, reports started circulating that the country’s Bitcoin (BTC) reserves will be sold. According to a March 2019 report, at the time North Korea already held about $670 million in crypto assets. Many believe this non-trivial amount of cryptocurrency to […]

Huobi Korea Delists XMR Amid Nth Room Sexual Exploitation Case Rumors

Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did not, however, reference the recent Nth room case, in which South Korean media has speculated the exploitation ring used […]

Cooking Mama Developer Denies Rumors It Mines Crypto

Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies. While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology — it’s not in the way some players have speculated.  Addressing the rumors on Twitter, 1st Playable said there was […]