Altcoin News by Thebittimes.Com

Reports are doing the rounds that the U.S. Securities and Exchange Commission (SEC) has issued a subpoena to crypto influencers that were promoting Hex, PulseChain, and PulseX. While Hex was launched in December 2019, PulseChain (PLS) is yet to be launched. Moreover, the release date for PulseChain remains to be unknown. Swedish researcher Eric Wall was among the first on social media to share the SEC letter which was addressed to influencers. Also Read: Hex: If You Invested $1,000 in 2020, What Would It Be Worth Now? A part of the letter read, “We believe that you may possess documents and data that are relevant to an ongoing investigation being conducted by the staff of the United States Securities and Exchange Commission”. “GUYS. IT’S HAPPENING. Hexicans influencers are getting subpoenad by the SEC over HEX , PulseChain, and PulseX. The HEX information channels are filled with information about how to shred your digital evidence,” tweeted E...

Hex was launched in December 2019 at a modest price of $0.00021740 (three zeroes) and the crypto has skyrocketed thereon. It took Hex just 14 months to jump from $0.00021740 to $0.01 as it spiked 10,000x in a short period. The crypto reached the 1 cent mark in February 2021 and hit its all-time high of $0.51 in September of the same year. Therefore, in seven months, Hex climbed $0.50 and looked prime to breach the $1 mark. From September last year, the crypto went on a downward spiral and is now trading at $0.03, at its May 2021 lows. Also Read: Bitcoin Could Drop Massively in Price From $19,000 Levels However, early investors are not complaining about the price drop as they made massive wealth between 2019 to 2021. It doubled in price approximately every 48 days from launch day till September 2021, allowing early investors to sit on sacks of profits. Now that Hex is down to its 18-month low, the crypto is finding it hard to claw back to its previous glory. It has mostly tra...

PulseChain is arguably the most anticipated blockchain and investors are eagerly awaiting its release. Reports state that more than 135 projects have lined up to build their products on the layer-1 blockchain. You can read more details about the upcoming projects that plan to build on PulseChain here. Its governing token PLS is the talk of the town even before its release, as investors believe it could mirror Hex’s phenomenal returns. Hex was launched by Richard Heart in December 2019 and the crypto doubled in price approximately every 48 days. However, it slumped in price dramatically after reaching its all -time high of $0.53 in September 2021. It is now trading at $0.03 and is down 92.3% from its ATH. Also Read: HEX token: Is low Volatility Ideal or Irrelevant? What Might Happen When PulseChain Is Launched? Source: Pixabay Twitter handle Pulsechain News & Talk, which extensively covers PLS developments has predicted PulseChain’s outcome on day 1 when ...

ALT HD – HEX volatility around YTD lows: More consolidation? Just as the recovery stars were aligning in the crypto market, the BNB Chain underwent a hack worth millions a few hours back. The said event, single-handedly, managed to re-stir in the bearish sentiment. At press time on Friday, the collective crypto market cap was 1.5% down on the daily to $957 billion. Leaving aside top cryptos Bitcoin and Ethereum, small-cap tokens like HEX were also affected. Also Read: Binance: Here’s How Attackers Siphoned $100M worth of BNB Gauging the sentiment of HEX investors The crypto community has been the “most positive” towards HEX this week since early May [5 months ago]. As illustrated below, the weighted sentiment climbed from the negative territory to the positive territory recently and has been hovering around 0.639 of late. Usually, The environment becomes favorable for trend reversals when there’s FUD in minds of market participants . So, the weighted ...