| Metal (MTL) |  | Metal wants to reward you with free MTL tokens for simply spending cash or converting fiat into cryptocurrency. When you spend, send, or receive money in the Metal Pay app, you can earn up to 5% back in MTL tokens. For example, when spending $100 with the Metal Pay app, both you and the recipient can earn up to $5 in MTL. It has a market cap of over $12.5 million, a circulating supply of over 39.7 million and has traded over $6.6 million in the last 24 hours according to CoinMarketCap.com.
MTL/BTC is breaking out of a symmetrical triangle today with a close above 0.0000840. A potential target is near the November 30 high of 0.0001040. A stop could be placed below today's low and raised with each successive higher low.
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| | News To Know | | SEC to Provide More Regulatory Clarity for Crypto Token Sales
In a speech delivered at the University of Missouri School of Law, Hester Peirce, a prominent SEC commissioner who's known for supporting crypto-related initiatives, stated that the securities regulator was preparing "supplemental guidance" for firms planning to launch initial coin offerings (ICOs). Peirce explained that SEC's guidance would help companies determine "whether their crypto-fundraising efforts fall under the securities laws."
Coinify Adds BCH and Rebrands Its Trading Platform
Coinify, the Copenhagen-based cryptocurrency exchange and payments provider, has announced the introduction of three new virtual currencies to its buy and sell platform. Users can now purchase bitcoin cash (BCH) plus altcoins XLM and BSV directly with bank transaction or credit card.
US FDA To Launch Blockchain-powered Open Pilot For Drug Supply Chain
The United States Food and Drug Administration (FDA) is set to launch a new pilot project for members of the pharmaceutical distribution supply chain for encouraging the use of innovative and emerging technologies for enhanced tracing and verification of prescription drugs in the U.S. to ensure suspect and illegitimate products do not enter the supply chain.
ALS Association Partners with TRON to Use Blockchain to Track Donations
The ALS Association has partnered with the TRON Foundation to launch a blockchain-enabled charity campaign, according to a press release shared with Cointelegraph on Feb. 11. The campaign, called #VoiceYourLove, aims to build awareness around amyotrophic lateral sclerosis (ALS), commonly known as Lou Gehrig's disease, and raise donations for research into treatments and finding a cure.
Canada has no intention to regulate QuadrigaCX exchange
As per Reuters, the British Columbia Securities Commission (BCSC) mentioned that QuadrigaCX was not trading in securities or derivatives, and the exchange does not come under its purview. Also, the Canadian Securities Administrators (CSA) – a collective forum comprising the regional securities regulators of Canada – told Reuters that no crypto-asset trading platform had been regulated as a marketplace by Canadian securities regulators.
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| | | Source: Coinmarketcap.com | |
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