Share TikTok, the social media platform launched in September 2016, is facing a potential ban in the U.S. Will it affect the crypto market? On Jan. 19, the ban on TikTok in the U.S. will go into effect under the Protecting Americans From Foreign Adversary Controlled Applications Act. This legislation would make it illegal for app stores – run by Google and Apple – and web-hosting services to distribute or service TikTok. The social media application, which had an advertising revenue of $6.2...

Luigi Inu, a memecoin inspired by Luigi Mangione, has hit a new all-time high by market capitalization, reaching $60 million. This market movement is in conjunction with the Pennsylvania police taking Mangione in custody for the murder. The Luigi Inu (LUIGI) token first started gaining traction following Mangione’s arrest in Altoona, Pennsylvania and charged on Dec 9. The token’s market cap reached $29 million before it rocketed higher to $60 million, after the arrest was confirmed....