TokenPost reporter
Sheena Jordan
Contents Manager
Stories by Sheena Jordan
- Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC
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.…
· Business
- Pantera Capital Sets Record with Massive Investment in Telegram's TON
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 …
· Business
- Ripple Partner SBI Holdings to Form Joint Venture in Japan with Chiliz for Sports Tokens
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.
· Business
- Bitcoin Price Surges, Crypto Market Confirms Strong Recovery With Breakout
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?
· Business
- Whale Buys 357 Billion PEPE, Fueling Expectations of Continued Growth
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…
· Business
- South Korean Store Launches Bitcoin Meal Boxes in Novel Bithumb Partnership
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…
· Business
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trades weak after hawkish comments from Fed officials.It hit a low of $60634 at the time of writing and is currently trading around $60927.
· Investing
- FxWirePro- AKTUSD (Chart of the day)
Akash is a decentralized and open-source cloud computing platform. It uses a Delegated Proof-of-Stake mechanism to achieve consensus.
· Investing
- Trump Courts Crypto Enthusiasts, Promises Regulatory Freedom
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…
· Business
- K9 Finance Joins Shibarium Puppynet, Unveils Major Bone Crusher Update
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…
· Business
- House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash
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 …
· Business
- Shiba Inu Insider Drops Major Shiba Eternity Update; Community Anticipates Enhancements
Shiba Eternity: Lucie's Tease Unveils Play-to-Earn Features and Breeding Mechanics
· Business
- Crypto Market Selloff: BTC, ETH, SOL, XRP, SHIB Prices Plummet, Crash Fears Grow
The cryptocurrency market shows new symptoms of weakness as bulls and bears battle for supremacy. Investors have recently lost about $150 billion, with the cryptocurrency market valuation falling from $2.42 trillion t…
· Insights & Views
- FxWirePro- Ethereum Daily Outlook
ETHUSD has been trading sideways between $3221 and $2814 for the past week. It hit a low of $2977 at the time of writing and is currently trading around $2997.
· Investing
- SHIB Exec Connects Shiba Inu to Bitcoin; Open Interest Falls 7%
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…
· Business
- Nigerian Stakeholders Urge Binance to Identify Bribery Suspect
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…
· Business
- Whale Trades Propel RNDR Price Rally 40%: What's Next for Render Token?
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…
· Business
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trades weak on the strong US dollar. It hit a low of $62054 at the time of writing and is currently trading around $62435.
· Investing
- FxWirePro- RUNEUSD (Chart of the day)
THORChain is a network that facilitates native asset settlement between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin.THORChain is secured by its native token, RUNE, which d…
· Investing
- TokenPost Launches 3 Cryptocurrency Indices for Market Insight
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…
· Business
- NFL, NBA, NASCAR Stars Resolve $2.4M Voyager Promo Lawsuit
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…
· Business
- Grayscale's Ethereum ETF Twist: Withdraws Application Days Before SEC Verdict
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…
· Business
- NFL, NBA, NASCAR Stars Resolve $2.4M Voyager Promo Lawsuit
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…
· Business
- Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government
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…
· Business
- Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements
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…
· Business
- Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy
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…
· Business
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trades flat despite upbeat market sentiment. It hit a low of $62760 yesterday and is currently trading around $63526.
· Investing
- FxWirePro- RNDRUSD (Chart of the day)
The Render Network® Provides Near Unlimited Decentralized GPU Computing Power For Next Generation 3D Content Creation. The Render Network allows GPU owners to monetize otherwise idle GPUs by offering their compute pow…
· Investing
- Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion
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…
· Business
- Bitcoin Hits New Highs, 200-Day Moving Average Reaches Record $50,178
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…
· Business
- USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield
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…
· Business
- Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership
Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institutio…
· Business
- Shiba Inu Insider Urges Focus on SHIB and BTC Amid Market Rally
In a recent wake-up call, Lucie of the Shiba Inu team urged the cryptocurrency community to closely monitor Shiba Inu (SHIB) and Bitcoin (BTC) as both tokens exhibit strong price recoveries. This comes amid growing in…
· Business
- Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate
Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could so…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD formed a triple bottom around $2800 and showed a minor pullback. It hit a high of $3221 yesterday and is currently trading around $3121.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD recovered sharply after a US jobs data. It hit a high of $65500 at the time of writing and is currently trading around $64126.
· Investing
- FxWirePro- AIOZUSD Daily Outlook
AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computation, live streaming, and video on demand (VOD). It is a combination of cosmos and compatibility of Ethereum Virtual Ma…
· Investing
- South Korea Excludes Crypto in Donation Law Update, Charities at Risk
South Korea's recent amendments to donation laws have raised concerns as cryptocurrency remains excluded from permissible donation methods. The Ministry of Public Administration's decision, reported by local media out…
· Business
- Shiba Inu Burn Rate Skyrockets: 81M SHIB Destroyed, Prices Surge
Shiba Inu, the beloved dog-themed meme coin, experiences an astounding 4000% surge in its burn rate, resulting in the destruction of over 81 million SHIB coins. This significant development has sparked optimism among …
· Business
- Russia's Crypto Clampdown: Tight Regulations Aim to Curb Cryptocurrency Activities
Russia is poised to enact stringent regulations on cryptocurrency trading, aiming to curb the mass trade of digital assets like Bitcoin within its borders. This move, driven by geopolitical tensions and sanctions, sig…
· Business