Altcoins Face Delisting Pressure as Broader Tech and Market Risks Emerge
Altcoins Face Delisting Pressure as Broader Tech and Market Risks Emerge
South Korean exchange Upbit announced the delisting of Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) trading pairs, effective September 14, citing investment-caution designations. This move sent the altcoins lower, reflecting significant market impact from exchange decisions. Concurrently, Coinbase CEO Brian Armstrong issued a warning about potential internet disruption from rogue AI within two years, highlighting emerging technological risks. In the traditional financial markets, analyst Tom Lee remains bullish on the S&P 500 but acknowledges significant risks that could trigger a pullback, contributing to an overall cautious market sentiment.
Upbit Delists Altcoins STORJ, JASMY, TT
Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 at 3 p.m. KST, delisting six trading pairs from South Korea’s largest crypto exchange. The notices were published on Friday afternoon in Seoul. For all three assets, Upbit said that further reviews found the concerns behind their investment-caution designations
The post Upbit Delisting Notice Sends 3 Altcoins Lower Before September Cutoff appeared first on BeInCrypto.
Coinbase CEO Warns of Rogue AI Threat
Brian Armstrong expects a rogue AI to disrupt the internet within two years, much like the 1988 Morris Worm.
The post Coinbase CEO Warns Rogue AI Could Hit the Internet Within 2 Years appeared first on BeInCrypto.
Tom Lee Bullish on Stocks Amidst Pullback Risks
Tom Lee reiterated his S&P 500 target of 8,000 but named four risks that could still trigger a pullback.
The post Tom Lee Is Bullish on Stocks, But Braced for a Margin Debt Drop appeared first on BeInCrypto.