Crypto Market Highlights November 2, 2022

Crypto Market Highlights November 2, 2022

Crypto Market Highlights News Of The Day

Dogecoin’s Volatility Rose As Result Of The Twitter Drama

The millionaire CEO of Tesla, Elon Musk, is known for favoring the cryptocurrency Dogecoin (DOGE). The market intelligence platform Santiment claims that DOGE’s volatility has grown with the most recent acquisition of Twitter. For more specific information, you can read the article below:

https://news.coincu.com/138732-dogecoins-volatility-rose-twitter-drama/

MoneyGram Added Crypto Trading Tools To Its Mobile App

MoneyGram, a global leader in the evolution of digital peer-to-pay (P2P) payments, has added crypto investing options to its mobile app as other fintech firms expand their offerings in the area. Users may now purchase, trade, and hold Bitcoin, Ether, and Litecoin across most U.S. states, according to the business. For more specific information, you can read the article below:

https://news.coincu.com/138704-moneygram-added-crypto-trading-tools/

Circle USDC Stablecoin Issuer Receives Digital Payment License In Singapore

The USDC stablecoin, which has a market valuation of more than $43 billion, is issued by Circle Internet Financial Ltd. in the United States. The company recently announced that it had gotten in-principle authorization to provide digital payment token products and other services in Singapore. For more specific information, you can read the article below:

https://news.coincu.com/138801-circle-usdc-stablecoin-payment-license/

XEN Token Spike 170% Within 24 Hours

XEN token is recording a 172% increase within 24 hours, the reason for this spike can be due to the announcement that XENFT is now available on the OpenSea Goerli testnet. For more specific information, you can read the article below:

https://news.coincu.com/138858-xen-token-spike-170-within-24-hours/

Solend Attacked By USDH Oracle, Leads To $1.26 Million Bad Debt

Lending protocol Solend announced an attack via the oracle price index that caused the protocol’s lending pools to currently record $1.26 million in bad debt. For more specific information, you can read the article below:

https://news.coincu.com/138907-solend-attacked-oracle-1-26m-bad-debt/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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