# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=273
Page 273 of 355. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Transaction Fees on Shibarium Skyrocket 267%, Stunning Shiba Inu Community](https://www.tokenpost.com/news/business/11779)

By Sheena Jordan | Business
Published: 2024-05-13T02:37:48.000Z
Updated: 2024-05-13T02:37:48.000Z

Shibarium, the Layer-2 blockchain platform dedicated to the Shiba Inu community, has recorded a staggering 267% rise in transaction fees over the past day. This surge, highlighted by data from Shibariumscan, reflects …

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## ['Extreme Rally' Predicted in Crypto by Top Trader for 2024](https://www.tokenpost.com/news/business/11778)

By Sheena Jordan | Business
Published: 2024-05-13T02:36:56.000Z
Updated: 2024-05-13T02:36:56.000Z

As the financial world braces for an "extreme rally," top traders, including analyst Henrik Zeberg, forecast a booming phase for the cryptocurrency sector.

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## [Shiba Inu's Weekly Burn Jumps 338%, Millions of SHIB Vanish](https://www.tokenpost.com/news/business/11777)

By Sheena Jordan | Business
Published: 2024-05-13T02:34:48.000Z
Updated: 2024-05-13T02:34:48.000Z

In a striking surge, Shiba Inu has experienced a 338% increase in its weekly burn rate, effectively removing millions of tokens from circulation amidst varied market dynamics.

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## [Shiba Inu (SHIB) Now Accepted by Airbnb, Nike, and NFT Markets Globally](https://www.tokenpost.com/news/business/11776)

By Sheena Jordan | Business
Published: 2024-05-13T02:33:31.000Z
Updated: 2024-05-13T02:33:31.000Z

In a significant expansion of its utility, Shiba Inu (SHIB) is now accepted for payments at major brands like Airbnb and Nike, as well as numerous NFT marketplaces worldwide. This follows integrations with Polygon and…

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## [Bitcoin's 2016 Echo Rings True; Traders Forecast $350K Peak](https://www.tokenpost.com/news/business/11775)

By Sheena Jordan | Business
Published: 2024-05-13T02:30:28.000Z
Updated: 2024-05-13T02:30:28.000Z

Mirroring its 2016 performance, Bitcoin may be on the verge of a significant rally, with predictions reaching as high as $350,000, according to leading crypto traders. This comes after a similar trajectory post-halvin…

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## [Ex-PayPal CEO Touts Bitcoin Lightning as Corporate Transaction Future](https://www.tokenpost.com/news/business/11774)

By Sheena Jordan | Business
Published: 2024-05-13T02:29:52.000Z
Updated: 2024-05-13T02:29:52.000Z

David Marcus, former PayPal CEO, endorses the Bitcoin Lightning Network as the future norm for corporate transactions worldwide, forecasting a transformative shift in global payment systems.

[Full text](https://www.tokenpost.com/news/business/11774.md) | [Citation metadata](https://www.tokenpost.com/news/business/11774.json)

## [FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation](https://www.tokenpost.com/news/business/11773)

By Sheena Jordan | Business
Published: 2024-05-13T02:29:04.000Z
Updated: 2024-05-13T02:29:04.000Z

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines …

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## [Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval](https://www.tokenpost.com/news/business/11772)

By Sheena Jordan | Business
Published: 2024-05-13T02:28:22.000Z
Updated: 2024-05-13T02:28:22.000Z

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart.

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## [Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout](https://www.tokenpost.com/news/business/11771)

By Sheena Jordan | Business
Published: 2024-05-13T02:27:15.000Z
Updated: 2024-05-13T02:27:15.000Z

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayer's Phase 1 airdrop. acquiring a stagge…

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## [SHIB Surges in Token Burns; $0.00003 Price Target Grows Likely](https://www.tokenpost.com/news/business/11770)

By Sheena Jordan | Business
Published: 2024-05-13T02:26:39.000Z
Updated: 2024-05-13T02:26:39.000Z

This week, Shiba Inu burned a massive 175 million tokens, stoking optimism among holders despite a price retreat. The surge in token burns could pave the way for SHIB to reach the anticipated $0.00003 mark amid fluctu…

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## [Render (RNDR) Price Dips 3% After Recent 27% Surge: Key Factors Explained](https://www.tokenpost.com/news/business/11769)

By Sheena Jordan | Business
Published: 2024-05-13T02:25:50.000Z
Updated: 2024-05-13T02:25:50.000Z

In a surprising market shift, Render (RNDR) slipped by 3% today, cooling off from last week's 27% rally. This dip follows significant whale transactions and heightened market volatility, spotlighting the fragile balan…

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## [Binance Under Strict FRA Watch for Three Years After DOJ Deal](https://www.tokenpost.com/news/business/11768)

By Sheena Jordan | Business
Published: 2024-05-13T02:25:13.000Z
Updated: 2024-05-13T02:25:13.000Z

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the world's largest cryptocurrency exchange, for the next three years. This move follows Binance’s November plea barg…

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## [JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments](https://www.tokenpost.com/news/business/11767)

By Sheena Jordan | Business
Published: 2024-05-13T01:53:50.000Z
Updated: 2024-05-13T01:53:50.000Z

JPMorgan Chase, the United States' largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered…

[Full text](https://www.tokenpost.com/news/business/11767.md) | [Citation metadata](https://www.tokenpost.com/news/business/11767.json)

## [Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence](https://www.tokenpost.com/news/business/11766)

By Sheena Jordan | Business
Published: 2024-05-13T01:53:00.000Z
Updated: 2024-05-13T01:53:00.000Z

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoin's price fell from an all-time high of $73,800, Bloomberg r…

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## [Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect](https://www.tokenpost.com/news/business/11765)

By Sheena Jordan | Business
Published: 2024-05-13T01:51:59.000Z
Updated: 2024-05-13T01:51:59.000Z

Harvest's CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China.

[Full text](https://www.tokenpost.com/news/business/11765.md) | [Citation metadata](https://www.tokenpost.com/news/business/11765.json)

## [South Korea Sets to Implement Crypto Delisting Under New Regulations](https://www.tokenpost.com/news/business/11764)

By Sheena Jordan | Business
Published: 2024-05-13T01:50:44.000Z
Updated: 2024-05-13T01:50:44.000Z

South Korea's Financial Supervisory Service has announced a forthcoming regulation that mandates the delisting of several cryptocurrencies. This move, set to take effect with the Virtual Asset User Protection Act in J…

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## [Binance and KuCoin Gain FIU Registration in India](https://www.tokenpost.com/news/business/11763)

By Sheena Jordan | Business
Published: 2024-05-13T01:49:47.000Z
Updated: 2024-05-13T01:49:47.000Z

In a significant move towards regulatory compliance, Binance and KuCoin have been officially registered with India's Financial Intelligence Unit (FIU). This registration signals a major shift in the Indian cryptocurre…

[Full text](https://www.tokenpost.com/news/business/11763.md) | [Citation metadata](https://www.tokenpost.com/news/business/11763.json)

## [Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC](https://www.tokenpost.com/news/business/11759)

By Sheena Jordan | Business
Published: 2024-05-10T09:49:05.000Z
Updated: 2024-05-10T09:49:05.000Z

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T.…

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## [Pantera Capital Sets Record with Massive Investment in Telegram's TON](https://www.tokenpost.com/news/business/11758)

By Sheena Jordan | Business
Published: 2024-05-10T09:47:55.000Z
Updated: 2024-05-10T09:47:55.000Z

Pantera Capital has announced a record-breaking investment in Telegram's TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchain's future. This strategic move underscores …

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## [Ripple Partner SBI Holdings to Form Joint Venture in Japan with Chiliz for Sports Tokens](https://www.tokenpost.com/news/business/11757)

By Sheena Jordan | Business
Published: 2024-05-10T01:48:03.000Z
Updated: 2024-05-10T01:48:03.000Z

SBI Digital Holdings, a Ripple Labs partner, has revealed plans to deliver sports fan tokens to the Japanese market. The company announced a deal with Chiliz on May 9 to launch a sports and entertainment joint venture.

[Full text](https://www.tokenpost.com/news/business/11757.md) | [Citation metadata](https://www.tokenpost.com/news/business/11757.json)

## [Bitcoin Price Surges, Crypto Market Confirms Strong Recovery With Breakout](https://www.tokenpost.com/news/business/11756)

By Sheena Jordan | Business
Published: 2024-05-10T01:47:26.000Z
Updated: 2024-05-10T01:47:26.000Z

The crypto market saw increased trading volume during US hours as Bitcoin's (BTC) price broke above a declining trendline. Is the crypto market's rebound confirmed, or is it a false breakout?

[Full text](https://www.tokenpost.com/news/business/11756.md) | [Citation metadata](https://www.tokenpost.com/news/business/11756.json)

## [Whale Buys 357 Billion PEPE, Fueling Expectations of Continued Growth](https://www.tokenpost.com/news/business/11755)

By Sheena Jordan | Business
Published: 2024-05-10T01:38:51.000Z
Updated: 2024-05-10T01:38:51.000Z

In a bold move signaling strong market confidence, a crypto whale has snapped up 357 billion PEPE on Binance, propelling PEPE's price higher. This considerable acquisition coincides with the token’s recent 3% uptick a…

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## [South Korean Store Launches Bitcoin Meal Boxes in Novel Bithumb Partnership](https://www.tokenpost.com/news/business/11754)

By Sheena Jordan | Business
Published: 2024-05-10T01:35:37.000Z
Updated: 2024-05-10T01:35:37.000Z

In a groundbreaking collaboration, South Korea's Emart24 convenience store chain has partnered with the cryptocurrency exchange Bithumb to roll out Bitcoin-themed "meal boxes." Starting May 9, around 30,000 boxes will…

[Full text](https://www.tokenpost.com/news/business/11754.md) | [Citation metadata](https://www.tokenpost.com/news/business/11754.json)

## [Trump Courts Crypto Enthusiasts, Promises Regulatory Freedom](https://www.tokenpost.com/news/business/11751)

By Sheena Jordan | Business
Published: 2024-05-09T09:55:05.000Z
Updated: 2024-05-09T09:55:05.000Z

In a marked shift, Donald Trump, the Republican presidential hopeful, has vowed to roll back U.S. regulations on cryptocurrencies, seeking to attract crypto supporters by accepting digital asset donations and criticiz…

[Full text](https://www.tokenpost.com/news/business/11751.md) | [Citation metadata](https://www.tokenpost.com/news/business/11751.json)

## [K9 Finance Joins Shibarium Puppynet, Unveils Major Bone Crusher Update](https://www.tokenpost.com/news/business/11750)

By Sheena Jordan | Business
Published: 2024-05-09T09:53:49.000Z
Updated: 2024-05-09T09:53:49.000Z

K9 Finance has unveiled significant upgrades to its Bone Crusher product and secured a spot on the Shiba Inu's Shibarium Puppynet allowlist. This milestone marks a pivotal advancement in their decentralized finance (D…

[Full text](https://www.tokenpost.com/news/business/11750.md) | [Citation metadata](https://www.tokenpost.com/news/business/11750.json)

## [House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash](https://www.tokenpost.com/news/business/11749)

By Sheena Jordan | Business
Published: 2024-05-09T09:52:22.000Z
Updated: 2024-05-09T09:52:22.000Z

In a significant bipartisan move, the U.S. House of Representatives voted to overturn the SEC's Special Accounting Bulletin (SAB 121), which had barred banks from holding cryptocurrency assets. The resolution, facing …

[Full text](https://www.tokenpost.com/news/business/11749.md) | [Citation metadata](https://www.tokenpost.com/news/business/11749.json)

## [Shiba Inu Insider Drops Major Shiba Eternity Update; Community Anticipates Enhancements](https://www.tokenpost.com/news/business/11748)

By Sheena Jordan | Business
Published: 2024-05-09T03:25:08.000Z
Updated: 2024-05-09T03:25:08.000Z

Shiba Eternity: Lucie's Tease Unveils Play-to-Earn Features and Breeding Mechanics

[Full text](https://www.tokenpost.com/news/business/11748.md) | [Citation metadata](https://www.tokenpost.com/news/business/11748.json)

## [SHIB Exec Connects Shiba Inu to Bitcoin; Open Interest Falls 7%](https://www.tokenpost.com/news/business/11745)

By Sheena Jordan | Business
Published: 2024-05-09T03:23:16.000Z
Updated: 2024-05-09T03:23:16.000Z

SHIB's marketing officer, Lucie, emphasized similarities between Shiba Inu and Bitcoin, highlighting both projects' foundational anonymity and community-driven development. Meanwhile, a 7% drop in open interest raises…

[Full text](https://www.tokenpost.com/news/business/11745.md) | [Citation metadata](https://www.tokenpost.com/news/business/11745.json)

## [Nigerian Stakeholders Urge Binance to Identify Bribery Suspect](https://www.tokenpost.com/news/business/11744)

By Sheena Jordan | Business
Published: 2024-05-09T03:22:36.000Z
Updated: 2024-05-09T03:22:36.000Z

In a bold move to safeguard integrity, Nigerian cryptocurrency stakeholders are pressing Binance to unveil the identity of an alleged bribe proposer. This demand aims to substantiate claims and ensure transparent oper…

[Full text](https://www.tokenpost.com/news/business/11744.md) | [Citation metadata](https://www.tokenpost.com/news/business/11744.json)

## [Whale Trades Propel RNDR Price Rally 40%: What's Next for Render Token?](https://www.tokenpost.com/news/business/11743)

By Sheena Jordan | Business
Published: 2024-05-09T03:19:26.000Z
Updated: 2024-05-09T03:19:26.000Z

Last week, Render Token (RNDR) soared by 40% as whale activity intensified, pushing its market cap close to $4 billion. On-chain data highlighted significant transactions, sparking speculation about future gains in th…

[Full text](https://www.tokenpost.com/news/business/11743.md) | [Citation metadata](https://www.tokenpost.com/news/business/11743.json)

## [TokenPost Launches 3 Cryptocurrency Indices for Market Insight](https://www.tokenpost.com/news/business/11740)

By Sheena Jordan | Business
Published: 2024-05-09T03:17:20.000Z
Updated: 2024-05-09T03:17:20.000Z

SEOUL – TokenPost, South Korea's largest blockchain media outlet, announced on the 8th the launch of 'TokenPost Index (TPI)', a suite of indices designed to offer a comprehensive view of the cryptocurrency market dyna…

[Full text](https://www.tokenpost.com/news/business/11740.md) | [Citation metadata](https://www.tokenpost.com/news/business/11740.json)

## [NFL, NBA, NASCAR Stars Resolve $2.4M Voyager Promo Lawsuit](https://www.tokenpost.com/news/business/11739)

By Sheena Jordan | Business
Published: 2024-05-09T03:16:11.000Z
Updated: 2024-05-09T03:16:11.000Z

NFL icon Rob Gronkowski, NBA player Victor Oladipo, and NASCAR driver Landon Cassill have collectively agreed to a $2.4 million settlement in a lawsuit concerning their roles in promoting the now-defunct cryptocurrenc…

[Full text](https://www.tokenpost.com/news/business/11739.md) | [Citation metadata](https://www.tokenpost.com/news/business/11739.json)

## [Grayscale's Ethereum ETF Twist: Withdraws Application Days Before SEC Verdict](https://www.tokenpost.com/news/business/11738)

By Sheena Jordan | Business
Published: 2024-05-08T09:00:12.000Z
Updated: 2024-05-08T09:00:12.000Z

In a dramatic turn of events, Grayscale shocked the cryptocurrency community by retracting its application for an Ethereum futures exchange-traded fund just days before the SEC's looming decision deadline. This cast d…

[Full text](https://www.tokenpost.com/news/business/11738.md) | [Citation metadata](https://www.tokenpost.com/news/business/11738.json)

## [NFL, NBA, NASCAR Stars Resolve $2.4M Voyager Promo Lawsuit](https://www.tokenpost.com/news/business/11737)

By Sheena Jordan | Business
Published: 2024-05-08T08:56:34.000Z
Updated: 2024-05-08T08:56:34.000Z

NFL icon Rob Gronkowski, NBA player Victor Oladipo, and NASCAR driver Landon Cassill have collectively agreed to a $2.4 million settlement in a lawsuit concerning their roles in promoting the now-defunct cryptocurrenc…

[Full text](https://www.tokenpost.com/news/business/11737.md) | [Citation metadata](https://www.tokenpost.com/news/business/11737.json)

## [Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government](https://www.tokenpost.com/news/business/11736)

By Sheena Jordan | Business
Published: 2024-05-08T04:31:24.000Z
Updated: 2024-05-08T04:31:24.000Z

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute betwe…

[Full text](https://www.tokenpost.com/news/business/11736.md) | [Citation metadata](https://www.tokenpost.com/news/business/11736.json)

## [Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements](https://www.tokenpost.com/news/business/11735)

By Sheena Jordan | Business
Published: 2024-05-08T04:29:57.000Z
Updated: 2024-05-08T04:29:57.000Z

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive i…

[Full text](https://www.tokenpost.com/news/business/11735.md) | [Citation metadata](https://www.tokenpost.com/news/business/11735.json)

## [Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy](https://www.tokenpost.com/news/business/11734)

By Sheena Jordan | Business
Published: 2024-05-08T04:29:23.000Z
Updated: 2024-05-08T04:29:23.000Z

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the w…

[Full text](https://www.tokenpost.com/news/business/11734.md) | [Citation metadata](https://www.tokenpost.com/news/business/11734.json)

## [Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion](https://www.tokenpost.com/news/business/11731)

By Sheena Jordan | Business
Published: 2024-05-08T04:20:52.000Z
Updated: 2024-05-08T04:20:52.000Z

Marathon Digital, a leading Bitcoin miner, is set to join the S&P SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathon's growing influence in the c…

[Full text](https://www.tokenpost.com/news/business/11731.md) | [Citation metadata](https://www.tokenpost.com/news/business/11731.json)

## [Bitcoin Hits New Highs, 200-Day Moving Average Reaches Record $50,178](https://www.tokenpost.com/news/business/11730)

By Sheena Jordan | Business
Published: 2024-05-08T04:19:55.000Z
Updated: 2024-05-08T04:19:55.000Z

Bitcoin's 200-day moving average has surged to a record $50,178, marking a historic peak for the cryptocurrency. According to Anthony Pompliano and recent market data, Bitcoin is "as strong as ever," maintaining a bul…

[Full text](https://www.tokenpost.com/news/business/11730.md) | [Citation metadata](https://www.tokenpost.com/news/business/11730.json)

## [USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield](https://www.tokenpost.com/news/business/11729)

By Sheena Jordan | Business
Published: 2024-05-08T04:18:31.000Z
Updated: 2024-05-08T04:18:31.000Z

In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debu…

[Full text](https://www.tokenpost.com/news/business/11729.md) | [Citation metadata](https://www.tokenpost.com/news/business/11729.json)

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