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Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings

Congresswoman Maxine Waters raised concerns over Meta’s recent trademark filings related to crypto, seeking clarification on the company’s plans in web3. Rep. Maxine Waters (D-Calif.) sent a letter to Meta executives, seeking answers about Meta’s apparent intention to expand its involvement in the crypto ecosystem. Waters, who serves as the top Democrat on the House Financial Services Committee, conveyed her concerns through a letter addressed to Meta’s top executives, including CEO Mark Zuckerberg and COO Javier Olivan. The letter delves into inquiries about Meta’s strategic direction in web3 and explores its stance on stablecoin initiatives following Meta’s submission of five trademark applications related to crypto and blockchain products with the U.S. Patent and Trademark Office. “With its initial filings on Mar. 18, 2022, Meta’s application submissions as of Jan. 22 appear to represent a continued intention to expand the compan...

LTC And BCH Rally With Impressive 15+% Price Increases

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Multiple crypto analysts pointed out LTC’s and BCH’s price breakouts on twitter over the past few hours. The analysts are convinced that LTC has finally entered its pre-halving rally. LTC and BCH both saw their prices surge by more than 15% over the past 24 hours of trading. Multiple crypto analysts pointed out Litecoin’s (LTC) and Bitcoin Cash’s (BCH) price breakouts on Twitter over the past few hours. This came after EDX Markets, which was launched last week, decided to let its traders—institutional investors only—start off with Bitcoin (BTC), Ethereum (ETH), LTC, and BCH. Renowned trader, Michael van de Poppe, shared that LTC looked ready for its pre-halving rally in a tweet earlier today. The trader believed that both LTC and BCH had the potential to achieve 2X gains.  Rekt Capital, another crypto analyst, agreed with this and ex press ed his own excitement about the fact that LTC’s pre-halving rally was underway in a separate tweet. Rekt Capital also share...