# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=264
Page 264 of 354. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Ethereum Liquidations Soar as Altcoin Market Faces Unprecedented Panic Selling](https://www.tokenpost.com/news/business/12224)

By Sheena Jordan | Business
Published: 2024-07-08T02:18:55.000Z
Updated: 2024-07-08T02:18:55.000Z

Even though Bitcoin's price has dropped to $55,000, the panic selling in the market for alternative cryptocurrencies has not subsided. Almost all of the top ten alternative cryptocurrencies, including Ethereum, have e…

[Full text](https://www.tokenpost.com/news/business/12224.md) | [Citation metadata](https://www.tokenpost.com/news/business/12224.json)

## [Bitcoin Prices Could Benefit as US Job Growth Slows, Unemployment Rises](https://www.tokenpost.com/news/business/12223)

By Sheena Jordan | Business
Published: 2024-07-08T02:18:18.000Z
Updated: 2024-07-08T02:18:18.000Z

The U.S. unemployment rate reached its highest since December 2021, potentially boosting Bitcoin prices as investors turn to alternative assets amid economic concerns.

[Full text](https://www.tokenpost.com/news/business/12223.md) | [Citation metadata](https://www.tokenpost.com/news/business/12223.json)

## [Shiba Inu Sees Massive 466% Weekly Burn Surge Amid 22% Price Plummet](https://www.tokenpost.com/news/business/12222)

By Sheena Jordan | Business
Published: 2024-07-08T02:15:39.000Z
Updated: 2024-07-08T02:15:39.000Z

The Shiba Inu cryptocurrency experienced a 466% surge in weekly burns, yet its price plummeted by 22% today.

[Full text](https://www.tokenpost.com/news/business/12222.md) | [Citation metadata](https://www.tokenpost.com/news/business/12222.json)

## [Why Shiba Inu Crashed: $2M Liquidations Amid Widespread Crypto Market Losses](https://www.tokenpost.com/news/business/12220)

By Sheena Jordan | Business
Published: 2024-07-05T09:40:03.000Z
Updated: 2024-07-05T09:40:03.000Z

Shiba Inu has dropped 21% this month, leading to $2 million in liquidations, highlighting its volatility.

[Full text](https://www.tokenpost.com/news/business/12220.md) | [Citation metadata](https://www.tokenpost.com/news/business/12220.json)

## [Mt. Gox Begins Bitcoin, Bitcoin Cash Repayments, Market Reacts to Large Influx](https://www.tokenpost.com/news/business/12219)

By Sheena Jordan | Business
Published: 2024-07-05T09:38:41.000Z
Updated: 2024-07-05T09:38:41.000Z

Nearly ten years after its downfall, Mt. Gox has started repaying customers, affecting Bitcoin and Bitcoin Cash markets.

[Full text](https://www.tokenpost.com/news/business/12219.md) | [Citation metadata](https://www.tokenpost.com/news/business/12219.json)

## [41.5 Million Dogecoin Liquidated in 24 Hours, Price Drops Nearly 8%](https://www.tokenpost.com/news/business/12218)

By Sheena Jordan | Business
Published: 2024-07-05T09:37:58.000Z
Updated: 2024-07-05T09:37:58.000Z

In a stunning turn of events, 41.5 million Dogecoin were liquidated within 24 hours, causing the meme cryptocurrency's price to plummet by 7.89% to $0.1121. This significant liquidation reflects the broader volatility…

[Full text](https://www.tokenpost.com/news/business/12218.md) | [Citation metadata](https://www.tokenpost.com/news/business/12218.json)

## [Bitcoin Falls Below $54K Amid $222M Liquidation, Crypto Market Sees $664M Wiped Out](https://www.tokenpost.com/news/business/12217)

By Sheena Jordan | Business
Published: 2024-07-05T09:36:49.000Z
Updated: 2024-07-05T09:36:49.000Z

Since February, Bitcoin hit its lowest point, dropping to $53,499 on Coinbase and triggering $222 million in long-position liquidations. The broader crypto market saw $664 million wiped out in the past 24 hours, signa…

[Full text](https://www.tokenpost.com/news/business/12217.md) | [Citation metadata](https://www.tokenpost.com/news/business/12217.json)

## [Panic Selling Engulfs Ethereum, Altcoin Market Following Bitcoin Crash](https://www.tokenpost.com/news/business/12216)

By Sheena Jordan | Business
Published: 2024-07-05T09:36:07.000Z
Updated: 2024-07-05T09:36:07.000Z

Panic selling has gripped the altcoin market, with Ethereum prices falling by 10-20% after Bitcoin's plunge to $55,000. Liquidations hit record highs, impacting traders.

[Full text](https://www.tokenpost.com/news/business/12216.md) | [Citation metadata](https://www.tokenpost.com/news/business/12216.json)

## [Bitcoin Plummets to $53K: Experts Fear the Worst Is Yet to Come](https://www.tokenpost.com/news/business/12215)

By Sheena Jordan | Business
Published: 2024-07-05T09:35:22.000Z
Updated: 2024-07-05T09:35:22.000Z

Bitcoin could drop to $50,000, but macro factors and a “buy the dip” mentality will swiftly drive it up.

[Full text](https://www.tokenpost.com/news/business/12215.md) | [Citation metadata](https://www.tokenpost.com/news/business/12215.json)

## [Hamster Kombat Surpasses 239M Users in 81 Days; Anticipated Airdrop Prompts Speculations](https://www.tokenpost.com/news/business/12214)

By Sheena Jordan | Business
Published: 2024-07-05T01:37:05.000Z
Updated: 2024-07-05T01:37:05.000Z

Hamster Kombat has achieved a staggering 239 million users in just 81 days, igniting speculation about the anticipated airdrop.

[Full text](https://www.tokenpost.com/news/business/12214.md) | [Citation metadata](https://www.tokenpost.com/news/business/12214.json)

## [Dogecoin Whale Accumulates 90M DOGE Amid Market Collapse, Sparking Price Optimism](https://www.tokenpost.com/news/business/12213)

By Sheena Jordan | Business
Published: 2024-07-05T01:34:45.000Z
Updated: 2024-07-05T01:34:45.000Z

On July 4, a significant Dogecoin investor acquired 90 million DOGE from Binance, fueling optimism for a potential price increase despite the recent market downturn. This whale's accumulation indicates strong confiden…

[Full text](https://www.tokenpost.com/news/business/12213.md) | [Citation metadata](https://www.tokenpost.com/news/business/12213.json)

## [French Billionaire Xavier Niel Unveils Revolutionary AI Voice Assistant 'Moshi'](https://www.tokenpost.com/news/business/12212)

By Sheena Jordan | Business
Published: 2024-07-05T01:33:15.000Z
Updated: 2024-07-05T01:33:15.000Z

French billionaire Xavier Niel's AI lab, Kyutai, launched Moshi, a voice assistant with 70 human-like emotions that could revolutionize human-machine communication.

[Full text](https://www.tokenpost.com/news/business/12212.md) | [Citation metadata](https://www.tokenpost.com/news/business/12212.json)

## [German Government Transfers $172M in Bitcoin to Crypto Exchanges and Wallets](https://www.tokenpost.com/news/business/12211)

By Sheena Jordan | Business
Published: 2024-07-05T01:32:32.000Z
Updated: 2024-07-05T01:32:32.000Z

The German government transferred over 3,000 Bitcoin, valued at $172 million, to various crypto exchanges and an unknown wallet on July 4, potentially impacting market dynamics, according to blockchain investigator Pe…

[Full text](https://www.tokenpost.com/news/business/12211.md) | [Citation metadata](https://www.tokenpost.com/news/business/12211.json)

## [Bitcoin to Plunge Below $50K Amid Rising Sell Flows, Warns 10x Research](https://www.tokenpost.com/news/business/12210)

By Sheena Jordan | Business
Published: 2024-07-05T01:31:46.000Z
Updated: 2024-07-05T01:31:46.000Z

Bitcoin's price is projected to drop below $50,000, driven by accelerating sell flows and a marked decrease in buy flows, according to 10x Research.

[Full text](https://www.tokenpost.com/news/business/12210.md) | [Citation metadata](https://www.tokenpost.com/news/business/12210.json)

## [Tron’s Justin Sun Eyes $2.3B German Bitcoin to Prevent Market Fluctuations](https://www.tokenpost.com/news/business/12209)

By Sheena Jordan | Business
Published: 2024-07-05T01:30:56.000Z
Updated: 2024-07-05T01:30:56.000Z

Tron founder Justin Sun has offered to purchase $2.3 billion in Bitcoin from the German government to prevent adverse market effects from a large-scale sale.

[Full text](https://www.tokenpost.com/news/business/12209.md) | [Citation metadata](https://www.tokenpost.com/news/business/12209.json)

## [South Korean Authorities Launch Real-Time Monitoring System for Crypto Transactions](https://www.tokenpost.com/news/business/12208)

By Sheena Jordan | Business
Published: 2024-07-05T01:28:35.000Z
Updated: 2024-07-05T01:28:35.000Z

South Korea's Financial Supervisory Service has launched a real-time monitoring system for cryptocurrency transactions, targeting fraud and abnormal activities, effective July 19.

[Full text](https://www.tokenpost.com/news/business/12208.md) | [Citation metadata](https://www.tokenpost.com/news/business/12208.json)

## [Busan Designated as Special Financial Opportunity Zone, Heralding a New Financial Ecosystem](https://www.tokenpost.com/news/business/12205)

By Sheena Jordan | Business
Published: 2024-07-04T09:38:45.000Z
Updated: 2024-07-04T09:38:45.000Z

Busan's Munhyeon Financial District and the second phase of the North Port redevelopment area have been designated as a "Financial Opportunity Advancement Zone." Companies relocating to this special zone will receive …

[Full text](https://www.tokenpost.com/news/business/12205.md) | [Citation metadata](https://www.tokenpost.com/news/business/12205.json)

## [UK Millennials, Gen Z Eye Crypto's Future as Elections Loom](https://www.tokenpost.com/news/business/12204)

By Sheena Jordan | Business
Published: 2024-07-04T00:33:53.000Z
Updated: 2024-07-04T00:33:53.000Z

A poll reveals that British voters aged 18–34 are anxious about the future of cryptocurrency, emphasizing the need for election candidates to address this issue.

[Full text](https://www.tokenpost.com/news/business/12204.md) | [Citation metadata](https://www.tokenpost.com/news/business/12204.json)

## [Shiba Inu ETF Speculation Rises: Analysts Weigh In on Potential Market Impact](https://www.tokenpost.com/news/business/12203)

By Sheena Jordan | Business
Published: 2024-07-04T00:33:07.000Z
Updated: 2024-07-04T00:33:07.000Z

Scott Melker and Austin Arnold explore the potential influence of Shiba Inu and Solana ETFs on the cryptocurrency market, emphasizing their growth prospects.

[Full text](https://www.tokenpost.com/news/business/12203.md) | [Citation metadata](https://www.tokenpost.com/news/business/12203.json)

## [Cathie Wood’s Ark Invest Sells $15M in Tesla Shares Amid Stock Price Surge](https://www.tokenpost.com/news/business/12201)

By Sheena Jordan | Business
Published: 2024-07-04T00:31:35.000Z
Updated: 2024-07-04T00:31:35.000Z

Ark Invest, led by Cathie Wood, has sold $15 million in Tesla shares, marking its first sale of the stock in nine months, amid a recent surge in TSLA's price. The move has prompted speculation about the firm's strateg…

[Full text](https://www.tokenpost.com/news/business/12201.md) | [Citation metadata](https://www.tokenpost.com/news/business/12201.json)

## [Crypto Industry Faces $1.5B Loss in 200 Attacks, Ethereum and Bitcoin Hit Hard](https://www.tokenpost.com/news/business/12200)

By Sheena Jordan | Business
Published: 2024-07-04T00:30:40.000Z
Updated: 2024-07-04T00:30:40.000Z

The crypto industry has faced over $1.5 billion in losses from 200 cyberattacks this year, with Ethereum, Bitcoin, and XRP among the most affected, highlighting significant vulnerabilities in the sector.

[Full text](https://www.tokenpost.com/news/business/12200.md) | [Citation metadata](https://www.tokenpost.com/news/business/12200.json)

## [Nigerian Trader Returns $14K in Solana, Reinstating Trust in Crypto Community](https://www.tokenpost.com/news/business/12199)

By Sheena Jordan | Business
Published: 2024-07-04T00:29:30.000Z
Updated: 2024-07-04T00:29:30.000Z

A Nigerian cryptocurrency trader, Femi Akinola, has restored confidence in the crypto community by returning 90 Solana tokens worth $14,000 a foreign trader mistakenly sent him.

[Full text](https://www.tokenpost.com/news/business/12199.md) | [Citation metadata](https://www.tokenpost.com/news/business/12199.json)

## [Will digital currencies become the norm as the world moves towards a cashless society?](https://www.tokenpost.com/news/business/12198)

By Sheena Jordan | Business
Published: 2024-07-04T00:28:14.000Z
Updated: 2024-07-04T00:28:14.000Z

More than 90% of the world’s central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes.

[Full text](https://www.tokenpost.com/news/business/12198.md) | [Citation metadata](https://www.tokenpost.com/news/business/12198.json)

## [Spot Ethereum ETFs Launch July 15, Analysts Forecast ETH to Outperform Bitcoin](https://www.tokenpost.com/news/business/12195)

By Sheena Jordan | Business
Published: 2024-07-03T09:47:58.000Z
Updated: 2024-07-03T09:47:58.000Z

The SEC is poised to approve spot Ethereum ETFs by July 12, with trading set to begin on July 15. Analysts anticipate Ethereum will outperform Bitcoin after the launch.

[Full text](https://www.tokenpost.com/news/business/12195.md) | [Citation metadata](https://www.tokenpost.com/news/business/12195.json)

## [Ripple's Legal Struggle with SEC: Could XRP Soar to $10 or Crash?](https://www.tokenpost.com/news/business/12194)

By Sheena Jordan | Business
Published: 2024-07-03T02:15:25.000Z
Updated: 2024-07-03T02:15:25.000Z

Following Ripple's decision to decline the Securities and Exchange Commission's (SEC) offer to reduce the proposed penalty to $102.6 million, the XRP price prediction indicates that the coin is currently in a vulnerab…

[Full text](https://www.tokenpost.com/news/business/12194.md) | [Citation metadata](https://www.tokenpost.com/news/business/12194.json)

## [Bipartisan Support Ensures Positive Crypto Regulations Regardless of US Election Outcome, Mike Novogratz Claims](https://www.tokenpost.com/news/business/12193)

By Sheena Jordan | Business
Published: 2024-07-03T02:14:48.000Z
Updated: 2024-07-03T02:14:48.000Z

Mike Novogratz, the founder and CEO of Galaxy Digital, believes that the cryptocurrency industry in the United States is well-positioned to experience favorable regulatory developments, regardless of the outcome of th…

[Full text](https://www.tokenpost.com/news/business/12193.md) | [Citation metadata](https://www.tokenpost.com/news/business/12193.json)

## [Ethereum ETFs Poised for SEC Approval by Mid-July, Industry Optimism Soars](https://www.tokenpost.com/news/business/12192)

By Sheena Jordan | Business
Published: 2024-07-03T02:14:12.000Z
Updated: 2024-07-03T02:14:12.000Z

It is possible that the United States Securities and Exchange Commission (SEC) may soon approve the first Ethereum exchange-traded funds (ETFs) in the United States. Even though the deadline for new submissions has be…

[Full text](https://www.tokenpost.com/news/business/12192.md) | [Citation metadata](https://www.tokenpost.com/news/business/12192.json)

## [Solana ETF Hype Could Propel SOL to $1,300, Institutional Filings Boost Optimism](https://www.tokenpost.com/news/business/12191)

By Sheena Jordan | Business
Published: 2024-07-03T02:13:05.000Z
Updated: 2024-07-03T02:13:05.000Z

With the possibility of establishing a spot exchange-traded fund (ETF) that follows Solana's cryptocurrency, SOL, the market value of Solana is projected to increase significantly. Recent research from GSR, a company …

[Full text](https://www.tokenpost.com/news/business/12191.md) | [Citation metadata](https://www.tokenpost.com/news/business/12191.json)

## [Bybit Endorses ASI Merger Amid Coinbase Withdrawal, FET Traders Watch Closely](https://www.tokenpost.com/news/business/12190)

By Sheena Jordan | Business
Published: 2024-07-03T02:12:22.000Z
Updated: 2024-07-03T02:12:22.000Z

Bybit Exchange has decided to provide assistance for the long-awaited merger of Fetch.ai, Ocean Protocol, and SingularityNET into the ASI Alliance. Bybit Backs ASI Token Merger Amid Coinbase Withdrawal, Ensuring Smoot…

[Full text](https://www.tokenpost.com/news/business/12190.md) | [Citation metadata](https://www.tokenpost.com/news/business/12190.json)

## [Bitcoin Miners Offload Holdings as Fees Plunge 90%, Marathon Digital Leads the Charge](https://www.tokenpost.com/news/business/12189)

By Sheena Jordan | Business
Published: 2024-07-03T02:11:41.000Z
Updated: 2024-07-03T02:11:41.000Z

The most recent research from Kaiko Research indicates that forced selling by Bitcoin miners is likely to continue in the future despite the fact that incentives and network fees are decreasing. In the two months sinc…

[Full text](https://www.tokenpost.com/news/business/12189.md) | [Citation metadata](https://www.tokenpost.com/news/business/12189.json)

## [Binance to Cease Turkish Language Support and Marketing Efforts, Ensures User Fund Safety](https://www.tokenpost.com/news/business/12188)

By Sheena Jordan | Business
Published: 2024-07-03T02:10:32.000Z
Updated: 2024-07-03T02:10:32.000Z

One of the most prominent cryptocurrency exchanges, Binance, has disclosed that it will implement some modifications to its services in Turkey. Binance Phases Out Turkish Language Support, Suspends Regional Marketing …

[Full text](https://www.tokenpost.com/news/business/12188.md) | [Citation metadata](https://www.tokenpost.com/news/business/12188.json)

## [Kronos Becomes First U.S. Public Company to Accept Shiba Inu (SHIB) Payments](https://www.tokenpost.com/news/business/12186)

By Sheena Jordan | Business
Published: 2024-07-03T02:02:23.000Z
Updated: 2024-07-03T02:02:23.000Z

Kronos Advanced Technologies has made history as the first U.S. public company to accept Shiba Inu (SHIB) as a payment method, marking a significant milestone for the popular meme coin.

[Full text](https://www.tokenpost.com/news/business/12186.md) | [Citation metadata](https://www.tokenpost.com/news/business/12186.json)

## [BlackRock's Private Market Indexing Move Paves Way for Potential Solana ETF](https://www.tokenpost.com/news/business/12185)

By Sheena Jordan | Business
Published: 2024-07-03T02:01:10.000Z
Updated: 2024-07-03T02:01:10.000Z

BlackRock CEO Larry Fink announced plans to index private markets, potentially positioning the firm for a Solana ETF, following its acquisition of data provider Preqin.

[Full text](https://www.tokenpost.com/news/business/12185.md) | [Citation metadata](https://www.tokenpost.com/news/business/12185.json)

## [Hamster Kombat Unveils Major July Updates: Token Airdrop and New Features](https://www.tokenpost.com/news/business/12182)

By Sheena Jordan | Business
Published: 2024-07-02T09:31:09.000Z
Updated: 2024-07-02T09:31:09.000Z

Hamster Kombat, a trending tap-to-earn game on Telegram, has revealed its July updates, including a token airdrop on the TON blockchain and new in-game features.

[Full text](https://www.tokenpost.com/news/business/12182.md) | [Citation metadata](https://www.tokenpost.com/news/business/12182.json)

## [Bitcoin Shows High Volatility Amid Unexpected U.S. Manufacturing PMI Data](https://www.tokenpost.com/news/business/12181)

By Sheena Jordan | Business
Published: 2024-07-02T01:00:47.000Z
Updated: 2024-07-02T01:00:47.000Z

At this very moment, the price of Bitcoin (BTC) is experiencing a strikingly high level of volatility, characterized by sudden declines and increases. The coin's price is currently at $62,743.35, representing a rise o…

[Full text](https://www.tokenpost.com/news/business/12181.md) | [Citation metadata](https://www.tokenpost.com/news/business/12181.json)

## [Solana Surges 3.78%, Joins Top 10 Cryptos with Market Cap Above $68 Billion](https://www.tokenpost.com/news/business/12180)

By Sheena Jordan | Business
Published: 2024-07-02T00:59:59.000Z
Updated: 2024-07-02T00:59:59.000Z

Even though cryptocurrency assets begin the week with minor gains, Solana (SOL) has gained traction. One can see cryptocurrency values attempting to break out of their prior losses by examining the market. A growth of…

[Full text](https://www.tokenpost.com/news/business/12180.md) | [Citation metadata](https://www.tokenpost.com/news/business/12180.json)

## [Binance CEO Confirms USDC Achieves MiCA Compliance, Gains Regulatory Approval in European Economic Area](https://www.tokenpost.com/news/business/12179)

By Sheena Jordan | Business
Published: 2024-07-02T00:57:33.000Z
Updated: 2024-07-02T00:57:33.000Z

Binance has verified that it will continue providing uninterrupted support for the stablecoin USD Coin (USDC), tied to the United States Dollar, throughout the European Economic Area (EEA). USDC Gains Regulatory Appro…

[Full text](https://www.tokenpost.com/news/business/12179.md) | [Citation metadata](https://www.tokenpost.com/news/business/12179.json)

## [Bitcoin Set for Strong July Recovery Despite Mt. Gox Repayment Concerns](https://www.tokenpost.com/news/business/12175)

By Sheena Jordan | Business
Published: 2024-07-02T00:54:56.000Z
Updated: 2024-07-02T00:54:56.000Z

Bitcoin is anticipated to exhibit strong performance in July following a nearly 7% decline in June. Despite concerns over Mt. Gox repayments, historical data shows an average 7.42% gain in July, hinting at a potential…

[Full text](https://www.tokenpost.com/news/business/12175.md) | [Citation metadata](https://www.tokenpost.com/news/business/12175.json)

## [McDonald’s Phases Out McPlant Burger and Salads Amid Consumer Shifts](https://www.tokenpost.com/news/business/12174)

By Sheena Jordan | Business
Published: 2024-07-01T02:13:37.000Z
Updated: 2024-07-01T02:13:37.000Z

McDonald's (MCD) is the most recent corporation to acknowledge that a previously flourishing trend can no longer be considered working to its advantage. The fast-food chain recently disclosed that it is experiencing s…

[Full text](https://www.tokenpost.com/news/business/12174.md) | [Citation metadata](https://www.tokenpost.com/news/business/12174.json)

## [XRP Poised to Hit $6.4: Key Factors and Technical Indicators Revealed](https://www.tokenpost.com/news/business/12173)

By Sheena Jordan | Business
Published: 2024-07-01T02:12:19.000Z
Updated: 2024-07-01T02:12:19.000Z

The price of XRP has stayed consistent despite the market's ongoing consolidation. It has been lingering above the $0.46 level in an effort to seek support above the long-coming support trendline.

[Full text](https://www.tokenpost.com/news/business/12173.md) | [Citation metadata](https://www.tokenpost.com/news/business/12173.json)

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