Markets

TL;DR Shiba Inu teamed up with Mass Finance to enhance its ecosystem with AI-driven legal and fiscal solutions. The partnership aligns with SHIB’s 4% weekly price increase, supported by market revival and increased token burns. The Latest Partnership The meme coin project shook hands with the AI-powered platform Mass Finance, which aims to simplify business setup and growth, particularly for startups, funds, and incubators. It offers legal, fiscal, and banking tools in one...

Crypto payments company Ripple has revealed its preliminary exchange and market maker partners for the launch of its dollar-pegged stablecoin Ripple USD (RLUSD). The exchange partners are Bitstamp, Bitso, Bullish, CoinMENA, Independent Reserve, MoonPay, and Uphold. In addition, B2C2 and fellow market maker Keyrock will provide liquidity support for RLUSD. Advisory Appointments “With our initial exchange partners, clear utility and demand for RLUSD, and a strong focus on...

Monochrome Asset Management is preparing to launch Australia’s first spot Ethereum exchange-traded fund (ETF) on the Cboe exchange following the asset’s approval in the U.S. market. The Monochrome Ethereum ETF (IETH), which will begin trading on Monday, October 14, offers Australian investors a new way to access the cryptocurrency. Details Of The New Offering “Monochrome hosted a private event in Sydney this week with our service providers, team, and partners to mark the...

Le dix-huitième BitDev aura lieu le 18 octobre 2024. Cet événement, qui s’inspire des séminaires socratiques Bitcoin qui se tiennent aux quatre coins du monde, est réservé aux experts, aux développeurs et à tous ceux qui ont une connaissance avancée du protocole Bitcoin. Où ? – Dans les locaux de LN Markets, 11 Rue des Petites Écuries Quand ? – Vendredi 18 octobre 2024 de 18h à 20h Les...

SPX6900 (SPX) has shot up over 100% in the past week, proving that the meme coin craze is still going strong. However, traders are now searching for the next big opportunity. One expert is betting on Pepe Unchained (PEPU) – a presale project that has secured an enormous $19.3 million in early funding. SPX Coin Rockets & Nears $800M Market Cap SPX6900 has been going viral recently, and it’s easy to see why. This meme coin has surged to $0.851, an impressive 128% rise since...

With just over 20 days until the US presidential election, the race is heading into its decisive phase, and the stakes are high for the crypto industry. Over the past few days, prediction markets have flipped, placing higher odds on Republican and pro-crypto advocate Donald Trump securing a win compared to his Democratic competitor, Vice President Kamala Harris. This political shift to Republicans has contributed to significant inflows of digital assets over the past week....

Bitcoin’s price is finally showing some promising signs of bullish continuation. The big question now is if the consolidation period is over or if this is just a temporary bounce. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, BTC has been consolidating below the 200-day moving average (around the $64K mark) for some time now. However, today’s price action suggests the consolidation period is over, as the daily candle has broken...

Stablecoin dynamics are flashing positive, reaching record highs and boosting liquidity within the crypto market. As historical data shows, this is good news for bitcoin (BTC) and the entire crypto industry because more liquidity often correlates with higher prices. A recent CryptoQuant report revealed that the total market capitalization of major USD-backed stablecoins now stands at $169 billion, representing a 31% or $40 billion increase since the beginning of the year....

U.S. authorities, including the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ), have charged Gotbit and four other crypto firms with widespread market manipulation. The charges also roped in several individuals who worked for the offending organizations. Market Makers Accused of Running Wash Trading Scheme According to a statement the SEC issued on October 9, Gotbit, ZM Quant, CLS Global, and MyTrade MM...

After a few days of depressing price action, the bulls appear to be finally back in town. The cryptocurrency market added almost $70 billion to its total capitalization over the past 24 hours. This happened on the back of Bitcoin charting a notable recovery in the past 24 hours, bouncing up to $63,000, so let’s have a look. Bitcoin’s Price Stages a Recovery Just a couple of days ago, Bitcoin tumbled below $60,000 and even briefly dipped below $59,000. Fortunately, the bulls...