Cryptocurrency

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-exercise-caution-with-crypto-news-surge/" data-wpel-link="internal">Investors Exercise Caution with Crypto News Surge</a><br></p>
<p style="text-align: justify">Cryptocurrency <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> need to be more cautious, especially with the current surge in <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> flow. A recent application in Delaware has surfaced on social media. Investors should be extremely careful as we have seen similar stories before.</p> 
<h2 style="text-align: justify" id="tao-etf-claim">TAO ETF Claim</h2> 
<p style="text-align: justify"><strong>TAO Coin</strong> is reportedly registered for an ETF by Grayscale. Previously, a similar fake registration was made for <a href="https://en.coin-turk.com/anticipation-grows-for-a-potential-xrp-etf-following-bitcoin-etf-approval/" data-wpel-link="internal">XRP</a> Coin on behalf of BlackRock. An investigation followed, but the <strong>XRP Coin price</strong> experienced significant losses after a rapid rise during the process. The cryptocurrency markets also largely missed their general uptrend due to this chaotic event.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-354136 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/TAO-Coin.png" alt="" width="1637" height="892"></p> 
<p style="text-align: justify">Upon checking the file number recently as COINTURK, we found such an application. TAO Coin’s price rose from $420 to $454.5 following the news. However, initiating an ETF process for <strong>TAO Coin</strong> in the current environment seems neither logical nor reasonable, and as we remember from the XRP Coin example, such fake applications can occur.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-exercise-caution-with-crypto-news-surge/" data-wpel-link="internal">Investors Exercise Caution with Crypto News Surge</a></h5>

Investors Exercise Caution with Crypto News Surge

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