The Shiba Inu ecosystem has rapidly emerged as one of the most dynamic and thriving communities within the cryptocurrency industry. With a plethora of tokens and frequent updates, it is undeniable that the Shiba Inu project has made significant strides. However, despite its impressive growth, the journey for Shiba Inu is far from over. Recently,
Cryptocurrency exchange Coinbase has made a significant step in its international expansion efforts by selecting Ireland as the location for its European MiCA (Markets in Crypto-Assets) hub. This move comes following the adoption of MiCA by EU policymakers, which is seen as a pivotal moment for the cryptocurrency industry in the region. Coinbase aims to
The debate surrounding the approval of a spot Bitcoin ETF by the United States Securities and Exchange Commission (SEC) has been a highly talked-about topic in the cryptocurrency community. The anticipation and speculation around this approval increased even further due to a recent false report claiming that the SEC had approved a spot Bitcoin ETF.
Uniswap founder Hayden Adams shocked the cryptocurrency community when he recently announced on X (formerly Twitter) that he burned 99% of the HayCoin (HAY) supply. This drastic decision was made due to Adams’ concerns about the excessive price speculation surrounding the token in recent days. Five years ago, Adams deployed the HAY token for testing
Hong Kong’s Customs and Excise Department is taking steps to tighten regulatory measures in response to the money-laundering risks associated with cash-for-crypto shops. The move comes after several store owners were arrested in connection with an alleged $192.7 million fraud involving the JPEX crypto exchange. These over-the-counter (OTC) cryptocurrency exchange shops currently operate without licensing
Over the past week, Bitcoin has seen a remarkable surge of 10.50%, driven by a series of significant gains. One particular event that contributed to this surge was the spread of fake news regarding the approval of the BlackRock iShares Bitcoin Spot ETF. As a result, the largest cryptocurrency experienced a 7% price increase on
In a recent development, the Federal Bureau of Investigation (FBI) has taken action against an unlicensed money-transmitting business that utilized cryptocurrencies as a tool for money laundering. According to court filings dated October 18, six individuals were charged with conspiracy and the operation of an unlicensed money-transmitting business. This illicit operation involved converting Bitcoin and
As the price of Bitcoin gradually approaches the 100-day and 200-day moving averages, there is a sense of hope and optimism in the market. Breaking above these key indicators has instilled a bullish sentiment among investors. Currently, Bitcoin is eyeing the pivotal resistance level of $30K, which holds significant importance for the cryptocurrency. Upon examining
Binance, the largest cryptocurrency exchange by trading volume, is facing a significant setback as it endures over $1 billion of net outflows in the past 24 hours, according to DeFillama CEX’s transparency dashboard. This substantial outflow comes in the wake of yet another top executive leaving the company, further adding to the challenges faced by
The anticipation of a spot Bitcoin Exchange Traded Fund (ETF) approval by the US Securities and Exchange Commission (SEC) has generated significant speculation about the potential impact on the price of Bitcoin. The crypto financial services platform, Matrixport, has conducted a thorough analysis and predicted that the approval of a spot Bitcoin ETF could push
