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Sheena Jordan
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Stories by Sheena Jordan
- Bitcoin ETFs Absorb Two Months' BTC Mining Supply in First Week of June
In the first week of June, U.S. Bitcoin ETFs absorbed nearly two months' worth of Bitcoin mining supply, acquiring 25,729 BTC valued at $1.83 billion, highlighting the ETFs' market dominance.
· Business
- South Korea to Unveil Stringent Rules for Digital Assets, NFTs Under Tight Scrutiny
South Korea is set to introduce stringent regulations for digital assets, including non-fungible tokens (NFTs), under the new Virtual Asset User Protection Act, aiming to enhance transparency and security.
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD pared some of its gains on strong US dollar.It hit a low of $3575 yesterday and is currently trading around $3672.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD pared some of its gains on strong US jobs data on Friday. It hit a low of $68450 yesterday and is currently trading around $69347.
· Investing
- FxWirePro- XMRUSD (Chart of the day)
Monero coin was originally forked from Bytecoin and is a secure private untraceable coin. Monero uses RingCT privacy technology. It provides privacy through unique features such as
· Investing
- FxWirePro- XMRUSD (Chart of the day)
Monero coin was originally forked from Bytecoin and is a secure private untraceable coin. Monero uses RingCT privacy technology. It provides privacy through unique features such as
· Investing
- PUBLISH Inc. Set to Launch PUBLISH 2.0, Aiming to Transform Digital News Publishing
PUBLISH Inc. has unveiled its roadmap for PUBLISH 2.0, an advanced blockchain-based ecosystem designed to enhance digital news publishing. The launch marks a significant development in the company's efforts to integra…
· Business
- PEPE Jumps 5% After 231B Whale Buyup, Sparking Rally Speculation
PEPE saw a 5% surge after a whale purchased 231 billion tokens, signaling the potential for a rally. The significant buyup, worth $2.9 million, occurred within 24 hours, raising hopes among investors for a price rebound.
· Business
- Ethereum Leaders Face ‘Massive Contradiction,’ Says Wintermute CEO
Wintermute CEO Evgeny Gaevoy has criticized Ethereum leaders for being "stuck in a massive contradiction" between supporting capitalist and socialist systems, sparking a debate in the crypto community.
· Business
- 109 Trillion SHIB Sell Wall Blocks Shiba Inu from Reaching New All-Time Highs
Shiba Inu (SHIB) struggles to rise as a massive 109 trillion SHIB sell wall at $0.000027 blocks its path, despite increased whale activity.
· Business
- Bitcoin Drying Up: 22,647 BTC Removed from Exchanges in Just 7 Days
In the past week, approximately 22,647 Bitcoins, valued at over $1.5 billion, have been withdrawn from cryptocurrency exchanges, according to technical analyst Ali Martinez, indicating a significant market shift.
· Business
- AI Tokens FET, AGIX, and OCEAN Poised to Drive Market Recovery Amid Rising Interest
AI tokens Fetch AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) are poised to lead a market recovery as social sentiment and engagement around these AI-based cryptocurrencies surge, according to blockchain…
· Business
- Scaramucci Urges GameStop to Buy Bitcoin to Revamp Its Strategy
Anthony Scaramucci, a prominent financier, proposes that GameStop should buy Bitcoin to revitalize its strategy and potentially reshape its future. This suggestion comes as GameStop's shares plummeted nearly 30% follo…
· Business
- Iggy Azalea's Token Soars 1,000% in a Week Amid Rug-Pull Denial
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…
· Business
- Shiba Inu (SHIB) Volatility Drops as Whales Prepare for a Major Market Move
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…
· Business
- Bitcoin Network Fees Skyrocket to Nearly $52 Amid Severe Transaction Backlog
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…
· Business
- Crucial Telegram Alert Warns SHIB Holders of Growing Scam Threats
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…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD showed a minor sell-off following the footsteps of BTC.It hit a low of $3770 at the time of writing and is currently trading around $3790.30.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trading weak after mixed US Non-Farm Payroll data. It hit a high of $71076 at the time of writing and is currently trading around $71320.
· Investing
- FxWirePro- SUIUSD (Chart of the day)
Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost.
· Investing
- Ethereum ETFs in Turmoil as SEC Hamstrings Market Progress
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…
· Business
- Shiba Inu Burn Rate Soars 3900% as Whales Buy, SHIB Price Set to Climb
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.
· Business
- Cardano, Shiba Inu, Jasmy Attract Whale Investors, Triggering Buy Signals
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…
· Business
- ECB Cuts Rate, Crypto Market Rallies; US Fed's Next Move in Question
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…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD trades in a anarrow range ahead oif US jobs data. It hit a high of $3888 yesterday and is currently trading around $3857.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD is consolidating in a narrow range after a massive buying. It hit a high of $71759 at the time of writing and is currently trading around $71054.
· Investing
- FxWirePro- MNTUSD(Chart ofthe day)
Mantle Network is an L2 scalability solution built on top of Ethereum. It is a technology stack for scaling Ethereum. Mantle Network has been built with a modular architecture that combines an optimistic roll-up proto…
· Investing
- McDonald’s Metaverse Debuts in Singapore, Letting Users Build Virtual Burgers
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.
· Business
- ETH Users Surge 9X Since 2020; VanEck Forecasts $22K Price by 2030
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…
· Business
- XRP ETF 'Inevitable,' Says Ripple's Monica Long, Citing Institutional Investment Surge
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.
· Business
- Bitcoin Price at $72K Could Trigger New ATH with $1.5B Liquidations, Analyst Says
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.
· Business
- Shiba Inu Coin Jumps 10% After Whale Bags 715B SHIB Tokens
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.
· Business
- $320M Raised by Japanese Crypto Exchange DMM Bitcoin to Compensate Users Post-Hack
The DMM Bitcoin project intends to raise equal cash to compensate customers for a loss of $320 million caused by a major attack.
· Business
- FxWirePro- ETHUSD Daily outlook
ETHUSD has consolidated between $3973 and $3700 despite BTC's bullish trend.It hit a high of $3840 yesterday and is currently trading around $3803.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD inches towards all-time high on upbeat market sentiment. It hit a high of $71339 at the time of writing and is currently trading around $70903.
· Investing
- FxWirePro- UNIUSD (Chart of the day)
UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. UniswapX aggregates both on-chain and off-chain liquidity, internalizes MEV in the form of price …
· Investing
- Volatility Shares Launches 2X Ether ETF, Raising Hopes for Ethereum Price Increase
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…
· Business
- Ripple CEO Predicts XRP ETFs by 2025 Amid Regulatory Advances and Market Optimism
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.
· Business
- Solana Rises as Institutional Favorite Following PayPal USD Launch
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.
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD has consolidated between $3973 and $3700for past one week.It hit a high of $3850 yesterday and is currently trading around $3756.
· Investing