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Shiba Inu Price Prediction as SHIB Continues to Decrease in Value – Can 'Buying the Dip' Strategy Work?
13.10.2023
The price of Shiba Inu (SHIB) has remained basically flat in the past 24 hours, rising by a modest 0.3% to $0.00000683.
This contrasts with a crypto market that has dipped very slightly, although SHIB is down by 5% in a week and by 6% in a month, with the meme token also having fallen by 15.5%...
Understanding Support & Resistance in Crypto Trading
12.10.2023
In the world of crypto trading, there are many ways to identify opportunities, one of the most prominent methods being technical analysis. This is the study and general breaking down of charts using various indicators and charting patterns. One such technique is known as Support and Resistance...
Israeli Shekel Hits 7-Year Low Amid Conflict; Central Bank Launches $30B FX Intervention
10.10.2023
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to offload up to $30 billion in foreign exchange...
Investment Manager Expects SEC to Approve All Bitcoin ETF Applications in 3-6 Months
7.10.2023
Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund (ETF) applications in three to six months. He also anticipates that...
Organya: The Next Evolution in Web3 Gaming Is Launching October 18th
6.10.2023
PRESS RELEASE. The Royal Spanish Football Federation has partnered with RealFevr for the imminent launch of “Organya: The Interplanetary Football Strategy Game” on October 18th, 2023. Organya marks a monumental leap forward in the future of gaming, as it’s the first game of its kind...
VanEck's Ethereum Strategy ETF on Track for CBOE Listing
3.10.2023
VanEck's Ethereum Strategy Fund (EFUT) is set for listing on the Chicago Board Options Exchange (CBOE), according to an announcement on its website.
The investment management firm is gearing up to launch its Ethereum-styled futures contracts on October 2, having received approval from the...
VanEck Ethereum Strategy ETF set for CBOE listing
2.10.2023
Following the U.S. SEC’s approval of spot Ethereum exchange-traded funds, VanEck has launched its Ethereum Strategy ETF
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...
VanEck to introduce its Ethereum Strategy ETF
29.9.2023
VanEck is on the verge of introducing the VanEck Ethereum Strategy ETF, named EFUT. It is an effectively controlled ETF created for increasing capital with investments carried out in Ether (ETH) futures contracts. EFUT desists from making investments in both ETH and various other digital assets. ...
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Ether the Ether: VanEck releases two ETF ads ahead of possible Monday launch
29.9.2023
Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we've never seen says, Bloomberg ETF analyst Eric Balchunas
VanEck Prepares to Launch Ethereum Strategy ETF in CBOE
28.9.2023
Popular investment management firm VanEck has announced its plans to roll out its Ethereum futures exchange-traded fund (ETF).
As per the official press release issued earlier today, the fund, called the VanEck Ethereum Strategy ETF (EFUT), will primarily invest in standardized, cash-settled...
Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy
28.9.2023
In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider.
The decision comes just 20 days after the initial announcement...
US Crypto Exchange Kraken Wins ‘Milestone’ Regulatory Approvals in Europe
28.9.2023
Cryptocurrency exchange Kraken announced new achievements in implementing its strategy to pursue expansion on the European market. The U.S. trading platform for digital assets said it has received regulatory nods from the monetary authorities of Ireland and Spain, two of the EU nations with...
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
25.9.2023
U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets....
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...
North Korean Hackers Use Russian-Based Exchanges to Launder Stolen Crypto, Report
17.9.2023
Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with...
Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
16.9.2023
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide...
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...