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January 05, 2021, 03:58:09 AM |
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-Justin Sun: TRON Didn't Sell TRX To Americans During ICO
In a long tweet thread, Adam Cochran, partner at crypto investment institution Cinneamhain Ventures, stated that some sources suggesting that TRON may be under investigation by US regulators & have US exposure (related to Bittorrent and Poloniex) stemming from recent court filings in New York.
Justin Sun, founder of TRON, made a response in their community, saying that TRON has no risk, because TRON is a Singapore-based foundation, and it is not in the United States. TRON did not sell any TRX to any American during TRON's ICO. TRON has been assessed as non-securities by internationally renowned law firms and issued the corresponding legal opinion, according to Justin Sun.
-Crypto Market Sentiment On January 5: Market Still In "Extreme Greed"
Citing statistics from alternative.me, the Fear & Greed Index currently reads 93, one unit lower than yesterday's, indicating the greedy sentiment of crypto market now is still in "Extreme Greed."
Note: As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed." The current index is for Bitcoin only and is measured based on volatility (25%), market momentum/volume (25%), social media (25%), surveys (15%), dominance (10%), and trends (10%).
-Gemini Notes 3 Major Issues With FinCEN's Proposed Rule
Crypto exchange Gemini has submitted its comment letter that expressed its concern about the substance of FinCEN's proposed rule regarding unhosted wallets and the process by which it is being rolled out.
The exchange highlighted three major issues with the proposed rule.
Click 'Read More' for the letter.
-ETH Tops List Of Crypto Net Inflows With $99.25 Mln In Past 10 Hours
Monitored by CoinNess.com, from 16:00 UTC on January 4 to 02:00 (UTC) on January 5, ETH registered a net inflow of $99.25 million in the past two hours.
1. The Top 3 net cap inflows in the crypto market are: ETH (+$99.25 mln), BTC (+$31.60 mln), and LRC (+$17.63 mln);
2. The Top 3 net cap outflows in the crypto market are: XLM (-$19.77 mln), TRX (-$12.30 mln), and THETA (-$8.63 mln).
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stay healthy & wealthy guys!! ^^ will get back to you tomorrow!! ^^
P.S. The news is from CoinNess!!! ^^
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