The Shiba Inu ecosystem has been subjected to updates in the last few days as developers look to bolster the cryptocurrency’s prospects in the long term. Behind the scenes, on-chain data also reveals a bullish trend among SHIB investors, with the exchange balance dropping to new lows. Adding to the bullish case is the fact that SHIB’s price has bounced right off the key 0.618 Fibonacci ratio level, otherwise known as the “golden ratio.” These metrics, in combination, are particularly setting up the stage for a price surge that could…
Tag: Exchange
Bitcoin Minetrix presale enters final stage ahead of exchange listing
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Bitcoin Minetrix presale enters its final stage with an upcoming exchange listing, drawing significant investor interest and anticipation. The presale for Bitcoin Minetrix (BTCMTX) – the mining platform that’s got everyone talking – is headed into the home stretch. And with an exchange listing just days away, investors are looking to acquire BTCMTX before the token hits the open market. Last call for BTCMTX presale The final curtain…
Decentralized Cloud Computing Altcoin Explodes After Korea’s Biggest Crypto Exchange Announces Support
A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset. Akash Network (AKT) shot up Tuesday from a low of $4 to a high of $6.74, a more than 68% increase after crypto exchange Upbit announced support. Source: CoinGecko/X At time of writing, AKT has retraced slightly to $5.30 and is sitting at a market cap of $1.2 billion. Akash Network is a decentralized open-source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchains and AI.…
Fezoo Exchange presale gains popularity with EOS, Wrapped Bitcoin investors
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors from EOS and Wrapped Bitcoin sectors are turning to Fezoo Exchange’s presale, drawn by its promising prospects amid a bearish market. As Fezoo’s popularity continues to soar, the cryptocurrency exchange platform keeps seeing an influx of investors. Investors in projects like EOS and Wrapped Bitcoin, who have endured a bearish market, are also tuning in. Apart from diversifying their portfolios, its presale’s return prospects have also led to…
New York Stock Exchange Considers 24-Hour Trading, Partially Prompted by Crypto: Report
The largest stock exchange in the world is reportedly gauging interest in becoming an around-the-clock operation. According to the Financial Times, the New York Stock Exchange’s (NYSE) analytics team is surveying interest in after-hours trading. FT says the interest is largely driven by the 24/7 world of crypto trading, which saw huge increases in retail investors during the 2020 pandemic. The NYSE evolving into an overnight trading option would represent a huge change for the world’s leading exchange. According to Georgetown University finance professor James Angel, the viability of the change…
Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum
At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare bitcoin element known as the “epic sat,” which some estimations value highly. On Monday, Viabtc Group’s exchange Coinex […] Source CryptoX Portal
Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles
Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible from April 22-25. Authentic Fan Engagement The cryptocurrency exchange Okx and the […] Source
Crypto Exchange Woo X Claims a First With Tokenized T-Bills for Retail Investors
“For the first time, retail users on a centralized exchange can instantly access an interest-bearing account backed by U.S. Treasury Bills,” Chuang said in an email. “This initiative bridges a crucial gap between traditional financial securities and the dynamic world of cryptocurrency, offering our users an unprecedented opportunity to engage with low-risk, high-quality financial assets in a seamless, secure, and efficient manner.” Source
Pro-XRP Lawyer John Deaton Files Amicus Brief in Support of Crypto Exchange Coinbase: Report
Pro-XRP lawyer and Senate hopeful John Deaton is reportedly filing an amicus brief in support of top US-based crypto exchange Coinbase. According to court documents revealed by Fox Business journalist Eleanor Terrett, Deaton has filed for permission to appear in court in support of 4,701 Coinbase customers in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the crypto exchange. Terrett says that before launching his Senate campaign in Massachusetts, Deaton said he would file an amicus brief on behalf of the customers if the case ever went to the…
Top Crypto Exchange Binance Converts $1,000,000,000 Secure Asset Fund From Bitcoin and BNB to Stablecoin USDC
Binance has converted all of the crypto in its $1 billion emergency insurance fund into the stablecoin USDC. The top global crypto exchange established the “Secure Asset Fund for Users” (SAFU) in 2018 to protect Binance users from “extreme situations.” The fund has typically attempted to maintain a balance worth $1 billion, though fluctuating crypto prices have impacted the value of its holdings over the years. In late 2022, the fund held $700 million worth of Binance USD (BUSD) and BNB, as well as $300 million worth of Bitcoin (BTC).…