Posts

Showing posts with the label Crypto Exchanges

Top China Coins Ready To Skyrocket

Image
The Securities and Futures Commission (SFC) of Hong Kong suggested on February 20 that a licensing system be established for cryptocurrency exchanges, and in the near future, it will permit ordinary individuals to trade major cryptocurrencies such as Bitcoin and Ethereum. This article discusses the leading Chinese Coins and explains why they are likely to experience a significant increase in value soon.  Super unique NFT collection #TokenPunkies Hong Kong’s Green Signal to Crypto Trading According to the statement, every centralized cryptocurrency exchange that operates in Hong Kong is required to obtain a license from the regulatory authority. Interestingly, it appears that the United States is not the sole global financial powerhouse capable of causing market turbulence.   As mentioned previously, the People's Bank of China, the country's central bank, infused $92 billion USD into the market on Friday, surpassing the ongoing quantitative easing measures of the US Fed...

Shiba Inu Jumps 4% As Lead Dev Answers ‘When Shibarium’

Image
The lead developer of Shiba Inu, Shytoshi Kusama, announced in a recent blog post that the beta version of Shibarium will be made available after he publishes another post regarding the development of the layer-2 network. Although Kusama did not give a specific release date, he did provide more information about the timeline of the beta version and the obstacles that need to be overcome. Top Notch NFTs Collection and Creation (TokenPunkies Click) Kusama's latest blog post is a continuation of his series of Medium posts that aim to introduce Shibarium to the public. In the second installment, titled "Shibarium Blog: 2022 The Year of Learning," Kusama discusses the challenges that the project has faced in the past year. This update provides readers with a deeper understanding of the development process and the progress that has been made. In his recent blog post, Kusama highlighted the challenges he faced while working on the project, including opposition from different par...

UK plan to regulate Crypto

Image
The UK government has taken a step towards regulating the crypto industry by publishing a consultation paper on a new regulatory framework. The paper focuses on creating a comprehensive regime that covers various aspects of the crypto industry such as crypto service providers, consumer protection, and market abuse prevention. The Treasury hopes that the new rules will create clear and effective regulation for the industry. Economic Secretary to the Treasury Andrew Griffith aims to have "proactive engagement with the industry" in order to regulate crypto more effectively. The industry has until the end of April to provide feedback on the proposed regulations. The crypto industry has responded positively to the government's proposals. Ian Taylor, a board advisor of CryptoUK, welcomed the move towards greater regulatory clarity and emphasized the importance of industry consultation. He stated that the group will respond to the consultation and advocate for regulation that is...

Shiba Inu Price Exploes. Will Shiba Hit $0.10

Image
Shiba Inu achieves milestones and price explodes – Will SHIB price hit $0.10? ·         Shiba Inu’s price has gained about 44 percent in the last 30 days with its trading volume up over 168 percent in the last 24 hours. ·         South Korea’s largest crypto exchange Upbit on January 18 announced listing Shiba Inu against Korean Won (KRW). The second largest meme coin, Shiba Inu (SHIB), has obliterated FTX losses in the past three weeks. The rally that was fueled by Bitcoin whales has continued in the past few days following the launch of Shibarium beta. According to our latest crypto price oracles, Shiba Inu’s price has gained almost 5 percent in the past 24 hours to trade around $0.000012 on Saturday and 19 percent in the last 7 days. However, the rally cooled down during the European trading session. The Vitalik Buterin-backed meme coin went parabolic following increased FOMO traders in the past few weeks. Noneth...

Crypto Exploded a year ago

Image
 Since last Crypto Explosion Investors lost more than $2 Trillion       ·          A year after bitcoin peaked at more than $68,000 it’s down below $18,000.  ·          The industry has been hit with macroeconomic challenges, market forces and scandals. ·      What was dubbed the crypto winter earlier this year turned disastrous this week with the spectacular collapse of FTX. A year ago this week, investors were describing bitcoin as the future of money and ethereum as the world’s most important developer tool.  Non-fungible tokens  were exploding,  Coinbase  was trading at a record and the NBA’s Miami Heat was just into its first full season in the newly  renamed  FTX Arena. As it turns out, that was peak crypto. In the 12 months since  bitcoin  topped out at over $68,000, the two largest digital currencies have ...

Bitcoin Bull Market

This on-Chain Indicator Signals the Start of Bitcoin Bull Market   The transfer volume in profit gives signals of a bullish trend reversal for Bitcoin. The indicator realizes the reversal pattern that occurred in 2015 and 2018-19. If so, Bitcoin will no longer drop below the November 2022 bottom of $15,476. In today’s  on-chain analysis , BeInCrypto takes a look at a rarely used indicator that appears to have just signaled the end of a bear market. The transfer volume in profit – as this indicator is referred to – has ended a nearly 2-year downward trend in recent days. For  Bitcoin , this could be one of the early signals of the start of a new bull market. Transfer Volume in Profit  is calculated based on  the number of transferred coins whose price at the time of their previous move was lower than the price during the current transfer. It is worth mentioning that spent outputs with a lifespan of less than an hour are discarded. ...

Bitcoin price targets $14K Possibly

Image
Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation   No latest BTC Price catalyst from the Fed as Chair Jerome Powell fails to say inflation altogether. Bitcoin BTC tickers down $17,460 Source: Cointelegraph investors confronted sadness on the Jan. 10 Wall Street open after America Federal Reserve declined to touch upon destiny coverage . Data from Cointelegraph Markets Pro and TradingView accompanied BTC/USD because it stayed flat at round $17,250 on Bitstamp. Hopes had targeted on a clean BTC fee catalyst courtesy of the Fed with inside the shape of a speech via way of means of Chair Jerome Powell. Speaking on the International Symposium on Central Bank Independence at Sweden’s Central Bank headquarters in Stockholm, however, Powell averted the subject of U.S. economic coverage altogether. “I will cope with 3 predominant points. First, the Federal Reserve's economic coverage independence is an vital and widely ...