# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=269
Page 269 of 354. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Iggy Azalea's Token Soars 1,000% in a Week Amid Rug-Pull Denial](https://www.tokenpost.com/news/business/11991)

By Sheena Jordan | Business
Published: 2024-06-10T02:11:23.000Z
Updated: 2024-06-10T02:11:23.000Z

Iggy Azalea insists she’s no rug-puller as her Mother Iggy (MOTHER) token surges 1,000% in a week. Despite criticism, Azalea plans to transform her controversial meme coin into a stablecoin, reshaping the cryptocurren…

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## [Shiba Inu (SHIB) Volatility Drops as Whales Prepare for a Major Market Move](https://www.tokenpost.com/news/business/11990)

By Sheena Jordan | Business
Published: 2024-06-10T02:10:16.000Z
Updated: 2024-06-10T02:10:16.000Z

Shiba Inu (SHIB) volatility has significantly decreased, sparking speculation that influential cryptocurrency holders, known as whales, are positioning themselves for a substantial market move. This stabilization phas…

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## [Bitcoin Network Fees Skyrocket to Nearly $52 Amid Severe Transaction Backlog](https://www.tokenpost.com/news/business/11989)

By Sheena Jordan | Business
Published: 2024-06-10T02:09:21.000Z
Updated: 2024-06-10T02:09:21.000Z

Bitcoin network transaction fees soared to nearly $52 on June 7, driven by over 332,000 unconfirmed transactions, causing significant congestion and delays in processing. Bitcoin Network Faces Temporary Congestion wit…

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## [Crucial Telegram Alert Warns SHIB Holders of Growing Scam Threats](https://www.tokenpost.com/news/business/11988)

By Sheena Jordan | Business
Published: 2024-06-10T02:07:54.000Z
Updated: 2024-06-10T02:07:54.000Z

The Shiba Inu community is urged to stay vigilant following a crucial alert about Telegram scams targeting SHIB holders. Fraudsters are impersonating official Shiba Inu accounts to deceive and defraud users, making ca…

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## [Ethereum ETFs in Turmoil as SEC Hamstrings Market Progress](https://www.tokenpost.com/news/business/11984)

By Sheena Jordan | Business
Published: 2024-06-07T02:56:48.000Z
Updated: 2024-06-07T02:56:48.000Z

The SEC's cautious approach to licensing Ethereum ETFs has stirred turmoil in the crypto market. Chairman Gary Gensler's recent comments highlight regulatory concerns, delaying the approval process and causing uncerta…

[Full text](https://www.tokenpost.com/news/business/11984.md) | [Citation metadata](https://www.tokenpost.com/news/business/11984.json)

## [Shiba Inu Burn Rate Soars 3900% as Whales Buy, SHIB Price Set to Climb](https://www.tokenpost.com/news/business/11983)

By Sheena Jordan | Business
Published: 2024-06-07T02:56:05.000Z
Updated: 2024-06-07T02:56:05.000Z

Shiba Inu's burn rate surged 3900% on June 6, fueled by a $35 million whale buying spree. This dramatic increase and renewed optimism could potentially drive the SHIB price toward $0.0001.

[Full text](https://www.tokenpost.com/news/business/11983.md) | [Citation metadata](https://www.tokenpost.com/news/business/11983.json)

## [Cardano, Shiba Inu, Jasmy Attract Whale Investors, Triggering Buy Signals](https://www.tokenpost.com/news/business/11982)

By Sheena Jordan | Business
Published: 2024-06-07T02:55:23.000Z
Updated: 2024-06-07T02:55:23.000Z

As a result of the current recovery in the cryptocurrency market, certain alternative cryptocurrencies are now inside the purchasing zone. Whales have even begun to accumulate these cryptocurrencies before prices incr…

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## [ECB Cuts Rate, Crypto Market Rallies; US Fed's Next Move in Question](https://www.tokenpost.com/news/business/11981)

By Sheena Jordan | Business
Published: 2024-06-07T02:54:22.000Z
Updated: 2024-06-07T02:54:22.000Z

To add fuel to the fire of excitement in the global financial market, let alone the cryptocurrency industry, the most recent data revealed that the European Central Bank (ECB) has announced a reduction in interest rat…

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## [McDonald’s Metaverse Debuts in Singapore, Letting Users Build Virtual Burgers](https://www.tokenpost.com/news/business/11977)

By Sheena Jordan | Business
Published: 2024-06-06T09:51:53.000Z
Updated: 2024-06-06T09:51:53.000Z

McDonald’s metaverse debuts in Singapore with the "My Happy Place" platform, enabling users to construct virtual burgers, engage in multiplayer activities, and earn rewards.

[Full text](https://www.tokenpost.com/news/business/11977.md) | [Citation metadata](https://www.tokenpost.com/news/business/11977.json)

## [ETH Users Surge 9X Since 2020; VanEck Forecasts $22K Price by 2030](https://www.tokenpost.com/news/business/11976)

By Sheena Jordan | Business
Published: 2024-06-06T09:50:41.000Z
Updated: 2024-06-06T09:50:41.000Z

The Ethereum ecosystem's active users have increased ninefold since 2020, with VanEck predicting ETH could hit $22,000 by 2030, driven by growing demand and scaling solutions. Ethereum Sees Ninefold User Growth as Ana…

[Full text](https://www.tokenpost.com/news/business/11976.md) | [Citation metadata](https://www.tokenpost.com/news/business/11976.json)

## [XRP ETF 'Inevitable,' Says Ripple's Monica Long, Citing Institutional Investment Surge](https://www.tokenpost.com/news/business/11975)

By Sheena Jordan | Business
Published: 2024-06-06T09:50:00.000Z
Updated: 2024-06-06T09:50:00.000Z

Ripple President Monica Long foresees an XRP exchange-traded funds (ETFs) as "inevitable," pointing to the significant trading volume and market cap of XRP as key drivers of institutional interest in the crypto market.

[Full text](https://www.tokenpost.com/news/business/11975.md) | [Citation metadata](https://www.tokenpost.com/news/business/11975.json)

## [Bitcoin Price at $72K Could Trigger New ATH with $1.5B Liquidations, Analyst Says](https://www.tokenpost.com/news/business/11974)

By Sheena Jordan | Business
Published: 2024-06-06T09:49:02.000Z
Updated: 2024-06-06T09:49:02.000Z

If Bitcoin's price were to rise over $72,000, it would liquidate leveraged short positions totaling $800 million, making it a critical barrier level for Bitcoin.

[Full text](https://www.tokenpost.com/news/business/11974.md) | [Citation metadata](https://www.tokenpost.com/news/business/11974.json)

## [Shiba Inu Coin Jumps 10% After Whale Bags 715B SHIB Tokens](https://www.tokenpost.com/news/business/11973)

By Sheena Jordan | Business
Published: 2024-06-06T09:48:19.000Z
Updated: 2024-06-06T09:48:19.000Z

Shiba Inu Coin has attracted the attention of investors, as evidenced by the SHIB price's roughly 10% increase today, which occurred amid substantial whale buildup.

[Full text](https://www.tokenpost.com/news/business/11973.md) | [Citation metadata](https://www.tokenpost.com/news/business/11973.json)

## [$320M Raised by Japanese Crypto Exchange DMM Bitcoin to Compensate Users Post-Hack](https://www.tokenpost.com/news/business/11972)

By Sheena Jordan | Business
Published: 2024-06-06T09:47:29.000Z
Updated: 2024-06-06T09:47:29.000Z

The DMM Bitcoin project intends to raise equal cash to compensate customers for a loss of $320 million caused by a major attack.

[Full text](https://www.tokenpost.com/news/business/11972.md) | [Citation metadata](https://www.tokenpost.com/news/business/11972.json)

## [Volatility Shares Launches 2X Ether ETF, Raising Hopes for Ethereum Price Increase](https://www.tokenpost.com/news/business/11968)

By Sheena Jordan | Business
Published: 2024-06-05T08:47:19.000Z
Updated: 2024-06-05T08:47:19.000Z

Volatility Shares has launched its 2X Ether ETF, providing investors with leveraged exposure to Ethereum’s price movements. This new product follows the recent SEC approval of eight spot Ethereum ETFs, enhancing inves…

[Full text](https://www.tokenpost.com/news/business/11968.md) | [Citation metadata](https://www.tokenpost.com/news/business/11968.json)

## [Ripple CEO Predicts XRP ETFs by 2025 Amid Regulatory Advances and Market Optimism](https://www.tokenpost.com/news/business/11967)

By Sheena Jordan | Business
Published: 2024-06-05T08:46:32.000Z
Updated: 2024-06-05T08:46:32.000Z

Ripple CEO Brad Garlinghouse forecasts the approval of XRP ETFs by 2025, citing recent regulatory progress and growing market optimism in an interview with Fox Business.

[Full text](https://www.tokenpost.com/news/business/11967.md) | [Citation metadata](https://www.tokenpost.com/news/business/11967.json)

## [Solana Rises as Institutional Favorite Following PayPal USD Launch](https://www.tokenpost.com/news/business/11966)

By Sheena Jordan | Business
Published: 2024-06-05T08:45:37.000Z
Updated: 2024-06-05T08:45:37.000Z

Solana is quickly becoming a preferred blockchain for financial institutions following the recent launch of PayPal USD on its network, showcasing its scalability and efficiency.

[Full text](https://www.tokenpost.com/news/business/11966.md) | [Citation metadata](https://www.tokenpost.com/news/business/11966.json)

## [Bitcoin ETFs Account for 26% of BlackRock's and 56% of Fidelity’s 2024 Inflows](https://www.tokenpost.com/news/business/11963)

By Sheena Jordan | Business
Published: 2024-06-05T01:33:30.000Z
Updated: 2024-06-05T01:33:30.000Z

Bitcoin ETFs have significantly bolstered inflows for BlackRock and Fidelity in 2024, with BlackRock's share at 26% and Fidelity's at 56%, highlighting the growing demand for cryptocurrency investment options.

[Full text](https://www.tokenpost.com/news/business/11963.md) | [Citation metadata](https://www.tokenpost.com/news/business/11963.json)

## [Thailand SEC Approves First Bitcoin ETF; Spot ETH ETF Spurs $3 Billion Ether Exit](https://www.tokenpost.com/news/business/11962)

By Sheena Jordan | Business
Published: 2024-06-05T01:32:26.000Z
Updated: 2024-06-05T01:32:26.000Z

Thailand's SEC has approved its first Bitcoin ETF for institutional investors, as U.S. spot ETH ETF approval leads to $3 billion in Ether exiting exchanges, highlighting growing demand and security concerns.

[Full text](https://www.tokenpost.com/news/business/11962.md) | [Citation metadata](https://www.tokenpost.com/news/business/11962.json)

## [Notcoin Surges to $4.54 Billion Market Cap, Surpassing Solana in Cryptocurrency Boom](https://www.tokenpost.com/news/business/11959)

By Sheena Jordan | Business
Published: 2024-06-04T09:36:17.000Z
Updated: 2024-06-04T09:36:17.000Z

Notcoin (NOT) has skyrocketed to a $4.54 billion market cap, surpassing Solana, capturing market attention and optimism with its rapid ascent.

[Full text](https://www.tokenpost.com/news/business/11959.md) | [Citation metadata](https://www.tokenpost.com/news/business/11959.json)

## [Ethereum to $5,000: Nine Experts Weigh In on ETF Approval and Price Impact](https://www.tokenpost.com/news/business/11958)

By Sheena Jordan | Business
Published: 2024-06-04T09:35:26.000Z
Updated: 2024-06-04T09:35:26.000Z

Ethereum to $5,000? Nine experts on how the ETF approval will impact prices. With Ethereum surging 30% to $3,800 in May following U.S. ETF approvals, experts predict potential new highs of $5,000 as early as June, dri…

[Full text](https://www.tokenpost.com/news/business/11958.md) | [Citation metadata](https://www.tokenpost.com/news/business/11958.json)

## [Discover Hamster Kombat: The Viral Telegram Crypto Game Offering Exciting Airdrop Rewards](https://www.tokenpost.com/news/business/11957)

By Sheena Jordan | Business
Published: 2024-06-04T02:15:47.000Z
Updated: 2024-06-04T02:15:47.000Z

Hamster Kombat, a viral Telegram crypto game, offers players exciting airdrop rewards on The Open Network.

[Full text](https://www.tokenpost.com/news/business/11957.md) | [Citation metadata](https://www.tokenpost.com/news/business/11957.json)

## [Australia Launches First Spot ETF Holding Bitcoin Directly on Cboe Exchange](https://www.tokenpost.com/news/business/11956)

By Sheena Jordan | Business
Published: 2024-06-04T02:14:59.000Z
Updated: 2024-06-04T02:14:59.000Z

Australia is set to launch its first spot Bitcoin ETF on June 4, allowing investors to hold Bitcoin directly, a significant step forward in the nation's crypto market.

[Full text](https://www.tokenpost.com/news/business/11956.md) | [Citation metadata](https://www.tokenpost.com/news/business/11956.json)

## [EU Elections 'Wildcard' Could Lead to First Ether ETF and MiCA Implementation](https://www.tokenpost.com/news/business/11955)

By Sheena Jordan | Business
Published: 2024-06-04T02:14:09.000Z
Updated: 2024-06-04T02:14:09.000Z

The upcoming European Union elections could serve as a pivotal moment for cryptocurrency regulations, potentially paving the way for the first Ether ETF and influencing the implementation of the MiCA regulatory framew…

[Full text](https://www.tokenpost.com/news/business/11955.md) | [Citation metadata](https://www.tokenpost.com/news/business/11955.json)

## [Notcoin (NOT) Soars 350%, Hits New All-Time High in Remarkable Rally](https://www.tokenpost.com/news/business/11951)

By Sheena Jordan | Business
Published: 2024-06-03T09:25:55.000Z
Updated: 2024-06-03T09:25:55.000Z

Notcoin (NOT) has achieved a remarkable 350% increase, setting a new all-time high, fueled by high transaction volume and strong user engagement.

[Full text](https://www.tokenpost.com/news/business/11951.md) | [Citation metadata](https://www.tokenpost.com/news/business/11951.json)

## [GameStop Jumps 300% as Roaring Kitty Takes Huge GME Call Options](https://www.tokenpost.com/news/business/11950)

By Sheena Jordan | Business
Published: 2024-06-03T09:24:39.000Z
Updated: 2024-06-03T09:24:39.000Z

GameStop jumps 300% as Roaring Kitty, also known as Keith Gill, discloses his massive $181.4 million investment in GME call options and stock, leading to a notable surge in GME shares overnight.

[Full text](https://www.tokenpost.com/news/business/11950.md) | [Citation metadata](https://www.tokenpost.com/news/business/11950.json)

## [Bitcoin Post-Halving Run May Reach $130K by September 2025, Predicts Peter Brandt](https://www.tokenpost.com/news/business/11949)

By Sheena Jordan | Business
Published: 2024-06-03T09:23:47.000Z
Updated: 2024-06-03T09:23:47.000Z

According to trader Peter Brandt, Bitcoin's post-halving run may reach $130K by September 2025. Brandt's analysis suggests Bitcoin could hit a cycle high between $130,000 and $150,000, following past bull market patte…

[Full text](https://www.tokenpost.com/news/business/11949.md) | [Citation metadata](https://www.tokenpost.com/news/business/11949.json)

## [$3B Ethereum Exit From Crypto Exchanges After ETF Approvals, Supply Hits Record Low](https://www.tokenpost.com/news/business/11948)

By Sheena Jordan | Business
Published: 2024-06-03T09:23:03.000Z
Updated: 2024-06-03T09:23:03.000Z

Since the approval of Ether ETFs on May 23, more than $3 billion worth of Ethereum has exited centralized cryptocurrency exchanges, reducing the available supply to its lowest level in years.

[Full text](https://www.tokenpost.com/news/business/11948.md) | [Citation metadata](https://www.tokenpost.com/news/business/11948.json)

## [El Salvador's Pro-Bitcoin Leader Nayib Bukele Sworn in for Historic Second Term](https://www.tokenpost.com/news/business/11947)

By Sheena Jordan | Business
Published: 2024-06-03T02:31:07.000Z
Updated: 2024-06-03T02:31:07.000Z

Nayib Bukele, El Salvador's pro-Bitcoin president, was sworn in for a second five-year term, reinforcing his leadership and the country's commitment to cryptocurrency innovation.

[Full text](https://www.tokenpost.com/news/business/11947.md) | [Citation metadata](https://www.tokenpost.com/news/business/11947.json)

## [Ripple CEO Predicts Unavoidable Launch of XRP ETF at Consensus 2024](https://www.tokenpost.com/news/business/11946)

By Sheena Jordan | Business
Published: 2024-06-03T02:29:50.000Z
Updated: 2024-06-03T02:29:50.000Z

At Consensus 2024, Ripple CEO Brad Garlinghouse declared that XRP ETFs are inevitable, anticipating the cryptocurrency market's growth to $5 trillion, fueled by recent spot Bitcoin and Ether ETF approvals.

[Full text](https://www.tokenpost.com/news/business/11946.md) | [Citation metadata](https://www.tokenpost.com/news/business/11946.json)

## [US President Joe Biden Vetoes SAB 121 Repeal, Sparks Crypto Industry Backlash](https://www.tokenpost.com/news/business/11945)

By Sheena Jordan | Business
Published: 2024-06-03T02:28:58.000Z
Updated: 2024-06-03T02:28:58.000Z

President Joe Biden vetoed the repeal of SEC's SAB 121, prioritizing investor and consumer welfare, sparking significant controversy in the cryptocurrency industry.

[Full text](https://www.tokenpost.com/news/business/11945.md) | [Citation metadata](https://www.tokenpost.com/news/business/11945.json)

## [Oklahoma Senate Approves Tax Breaks for Bitcoin and Crypto Mining Operations](https://www.tokenpost.com/news/business/11944)

By Sheena Jordan | Business
Published: 2024-06-03T02:27:56.000Z
Updated: 2024-06-03T02:27:56.000Z

The Oklahoma Senate has passed House Bill 1600, which provides tax exemptions for Bitcoin and cryptocurrency mining. The bill aims to bolster the state's blockchain industry and economy.

[Full text](https://www.tokenpost.com/news/business/11944.md) | [Citation metadata](https://www.tokenpost.com/news/business/11944.json)

## [Hong Kong Officially Kicks Out All Unlicensed Crypto Exchanges, Enforcing Strict Regulations](https://www.tokenpost.com/news/business/11943)

By Sheena Jordan | Business
Published: 2024-06-03T02:27:08.000Z
Updated: 2024-06-03T02:27:08.000Z

Through this regulatory action, the Securities and Futures Commission (SFC) has demonstrated its dedication to promoting a safe and open environment for the trading of virtual assets.

[Full text](https://www.tokenpost.com/news/business/11943.md) | [Citation metadata](https://www.tokenpost.com/news/business/11943.json)

## [Ethereum Price Soars Amid $40M Influx: Will the Bullish Trend Continue?](https://www.tokenpost.com/news/business/11942)

By Sheena Jordan | Business
Published: 2024-06-03T02:26:02.000Z
Updated: 2024-06-03T02:26:02.000Z

The price of Ethereum has recovered momentum after a period of volatile trading. Its price has recently increased due to increased anticipation following the surprise approval of the Spot Ethereum ETF by the United St…

[Full text](https://www.tokenpost.com/news/business/11942.md) | [Citation metadata](https://www.tokenpost.com/news/business/11942.json)

## [Shiba Inu Burn Rate Jumps Over 300%, Investors Eye Possible Price Rebound](https://www.tokenpost.com/news/business/11939)

By Sheena Jordan | Business
Published: 2024-05-31T09:52:07.000Z
Updated: 2024-05-31T09:52:07.000Z

Shiba Inu experienced a 310.99% burn rate increase on Friday, May 31, causing excitement among traders about a potential price rebound.

[Full text](https://www.tokenpost.com/news/business/11939.md) | [Citation metadata](https://www.tokenpost.com/news/business/11939.json)

## [Crypto Losses Surge in 2024 Amid Rising Hacks and Rug Pulls, Report Reveals](https://www.tokenpost.com/news/business/11938)

By Sheena Jordan | Business
Published: 2024-05-31T09:51:18.000Z
Updated: 2024-05-31T09:51:18.000Z

A recent report by Immunefi highlights a significant rise in cryptocurrency losses due to hacks and rug pulls in 2024. Despite a bullish market, the sector saw $473 million in losses, underscoring the urgent need for …

[Full text](https://www.tokenpost.com/news/business/11938.md) | [Citation metadata](https://www.tokenpost.com/news/business/11938.json)

## [Elon Musk Refutes Crypto Discussions with Donald Trump Amid Growing Speculation](https://www.tokenpost.com/news/business/11937)

By Sheena Jordan | Business
Published: 2024-05-31T09:50:22.000Z
Updated: 2024-05-31T09:50:22.000Z

Despite recent reports and rising speculation, Elon Musk has denied engaging in any discussions about cryptocurrency policy with presidential candidate Donald Trump. Musk clarified his stance in a social media post, e…

[Full text](https://www.tokenpost.com/news/business/11937.md) | [Citation metadata](https://www.tokenpost.com/news/business/11937.json)

## [Boxing Legend Manny Pacquiao Hails Shiba Inu (SHIB) for Charitable Efforts](https://www.tokenpost.com/news/business/11936)

By Sheena Jordan | Business
Published: 2024-05-31T02:46:12.000Z
Updated: 2024-05-31T02:46:12.000Z

Boxing legend Manny Pacquiao has endorsed Shiba Inu (SHIB), commending its contributions to his foundation and expressing enthusiasm for the Shibarium platform despite recent market fluctuations.

[Full text](https://www.tokenpost.com/news/business/11936.md) | [Citation metadata](https://www.tokenpost.com/news/business/11936.json)

## [Trump-Linked Meme Coin TRUMP Recovers After Felony Verdict Amid MAGA Coin Surge](https://www.tokenpost.com/news/business/11935)

By Sheena Jordan | Business
Published: 2024-05-31T02:45:17.000Z
Updated: 2024-05-31T02:45:17.000Z

Following a felony conviction, Donald Trump's meme coin, TRUMP, swiftly recovered after an initial 16% drop, showcasing resilience in the volatile cryptocurrency market.

[Full text](https://www.tokenpost.com/news/business/11935.md) | [Citation metadata](https://www.tokenpost.com/news/business/11935.json)

## [Crypto Apps to Achieve ChatGPT Growth Levels Next Year, But Challenges Await](https://www.tokenpost.com/news/business/11934)

By Sheena Jordan | Business
Published: 2024-05-31T02:44:17.000Z
Updated: 2024-05-31T02:44:17.000Z

Chris Burniske, a seasoned investor and former employee of Ark Invest, has predicted that most applications will experience growth similar to ChatGPT next year due to the widespread acceptance of cryptocurrencies.

[Full text](https://www.tokenpost.com/news/business/11934.md) | [Citation metadata](https://www.tokenpost.com/news/business/11934.json)

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