The renowned dog-themed meme crypto SHIB continues to steal the spotlight amid a highly bullish market, further solidifying market optimism with a massive Shiba Inu burn rate surge on Saturday. Recent statistics indicate that the meme coin’s weekly burn rate soared nearly 450% in the wake of over 600 million coins burnt in the past seven days. In turn, crypto market enthusiasts speculate whether a parabolic bull run for the
LUNC News: The Terra Classic community has approved a proposal to transfer CoinMarketCap dashboard account access to top validator Allnodes directly. The move comes as the community recently asked Terraform Labs to grant access to the validator, but the beleaguered company failed to transfer the access. LUNC and USTC price gains upside momentum to breakout resistance levels amid the latest developments. LUNC News: Terra Classic Nods Proposal to Transfer Access
Giggle Academy, an educational startup launched by Binance founder Changpeng ‘CZ’ Zhao, faced a hack on its X account. CZ alerted followers to beware of false information on the account. The hacker phishing links further heightened security concerns among the platform users. The account remains compromised, and both CZ and the team are working on restoring it. Users are advised to be cautious of any messages from the hacked account.
ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.” Source link
The U.S. Commodities and Futures Trading Commission (CFTC) has finally given the ‘green flag’ for the approval for spot Bitcoin ETF options trading. This clears the path for the listing of Bitcoin options products, which will give the BTC ETFs greater exposure on Wall Street. However, there’s still one last approval left to come from the Office of the Comptroller of the Currency (OCC). CFTC Clears Path for Spot Bitcoin
World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate.” for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are
Hedera and Ripple were also top performers, each gaining 6%. Source link
The cryptocurrency market has experienced a volatile week, following Bitcoin price hitting an all-time of $93,434.36, then dropping to $87,000, before beginning a recovery. BTC has been trading between $86,682.82 and $90,677.18, causing shockwaves in the entire market. Some top altcoins including Ethereum have also dropped in their values. In spite of these changes, certain alternative cryptocurrencies showed remarkable success. Included in the group are Pepe (PEPE), Dogecoin (DOGE), Brett
U.Today – Shortly after the FTX/Alameda ecosystem collapse, European Central Bank (ECB) issued a panic-driven prediction of “irrelevance” that was allegedly coming for all cryptocurrencies. Charles Edwards of Capriole Investments says fiat will be done earlier. lost 80% since ECB predicted ‘s irrelevance The euro price has lost 80% against Bitcoin (BTC) since the European Central Bank (ECB) published its epic document by Ulrich Bindseil and Jürgen Schaaf. Dubbed “Bitcoin’s
HodlX Guest Post Submit Your Post Algo trading (algorithmic trading) is a recent technological development that’s helped to pave the way for revolutionary levels of market access and trading efficiency throughout virtually every financial market. But as with many cutting-edge technologies, could compliance be an issue for institutional investors to overcome? Algo execution models utilize the power of complex computer algorithms to execute trade orders at a pace that’s far
