TMS Network (TMSN) Shines for Whales, CFTC’s Commodity Status Boosts Litecoin (LTC), and Burger King Delights Dogecoin (DOGE) Fans

The cryptocurrency market is witnessing interesting developments with TMS Network (TMSN) gearing up to launch a global trading platform. Moreover, the US Commodity Futures Trading Commission’s recent lawsuit has named Litecoin (LTC) as a commodity, providing regulatory clarity for the digital asset. On the other hand, Burger King’s recent tweets hinting at the acceptance of Dogecoin as payment at its restaurants have sparked a frenzy among DOGE enthusiasts.

Let’s dive deeper into these updates. In this article, we will cover the latest updates on TMS Network (TMSN), Litecoin (LTC), and Dogecoin (DOGE), in detail.

TMS Network (TMSN) Launches Global Platform for Cryptocurrency Trading

TMS Network (TMSN) is preparing to launch a high-quality platform that will be available globally to millions of users. TMS Network (TMSN) will allow users to trade stocks, forex, CFDs, and other derivatives directly with cryptocurrencies, simply by connecting their cryptocurrency wallet.

Additional features, such as the Copy Trader feature and support for MT4 and MT5, will also be available on TMS Network (TMSN). The decentralized structure of TMS Network (TMSN) will make it resistant to outside attacks, and ensure its longevity in the trading industry.

TMS Network (TMSN) token is the fuel for the platform, and provides benefits to holders, including governance voting rights, access to specific tools, and commission fees for every trade. In the ongoing Stage 2 presale, TMS Network (TMSN) token is offered at $0.046. Experts predict that TMS Network’s (TMSN) value could reach 55x growth by December 2023. By participating in the presale, investors and traders can take advantage of what could be one of the best investment opportunities of the year.

Litecoin (LTC) Teeters into Bullish Territory after CFTC Deems it a Commodity

The US Commodity Futures Trading Commission’s recent lawsuit against Binance, and its CEO, Changpeng Zhao, for alleged trading and derivatives rules violations has named Litecoin (LTC) as a commodity. This designation by the CFTC provides regulatory clarity for Litecoin (LTC) and could lead to a resurgence in the digital silver narrative, similar to how investors flock to precious metals like gold during economic distress or war. With the current banking sector crisis, investors have been seeking safety in commodities, and the labeling of Litecoin (LTC) as a commodity could potentially spark a surge in its value. Furthermore, the technicals for Litecoin (LTC) have been showing bullish signs. With its growing network, Litecoin (LTC) could see a significant shift in sentiment in the near and long term. At press time, Litecoin (LTC) price is $92.28, up by 4.36% in the last 24 hours.

Burger King Hints at Dogecoin (DOGE) Acceptance, Sparks Twitter Frenzy

Dogecoin (DOGE) community was taken by surprise when Burger King’s UK division responded to news of cryptocurrency payments being accepted at Burger King Paris with the statement “We need doge.” This sparked a flurry of comments from users asking when Burger King would begin accepting Dogecoin (DOGE) for their meals. Burger King Brazil had previously announced that they would accept Dogecoin (DOGE) as payment for their Dogpper dog snack. Burger King and Robinhood had collaborated to give away free Bitcoin, Ethereum, and Dogecoin (DOGE) to US customers. In response to a tweet from Elon Musk about McDonald’s declining to accept Dogecoin (DOGE), Burger King tweeted a cryptic message that some interpreted as support for the cryptocurrency. However, it is currently unknown if Burger King will begin accepting Dogecoin (DOGE) as payment at their restaurants. At press time, Dogecoin (DOGE) price is $0.07, up 3.35% in the last 24 hours.

 

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