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Sheena Jordan
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Stories by Sheena Jordan
- FxWirePro- OPUSD(Chart of the day)
OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum.
· Investing
- Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuati…
· Business
- US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies
On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear a…
· Business
- Hong Kong Bitcoin, Ether ETFs Surge with $200M Investment on Debut
In an impressive debut, Hong Kong's new Bitcoin and Ether ETFs attracted over $200 million in investments on their first trading day, April 30. This significant influx underscores the region's growing influence in the…
· Business
- Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs
Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kong's newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.…
· Business
- Binance's CZ Partners with OpenAI's Altman on AI Investment Venture
Changpeng Zhao, the former CEO of Binance, is engaging in strategic talks with OpenAI CEO Sam Altman to explore potential investments in artificial intelligence. This collaboration comes as Zhao faces significant lega…
· Business
- Hong Kong's First ETFs Underperform Expectations as Bitcoin Falls Below $62K
In a disappointing debut, Hong Kong's inaugural Bitcoin and Ether ETFs attracted minimal trading volume, contributing to a sharp 2% drop in Bitcoin prices to just under $62,000 and a 2.8% decline in Ether, as investor…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD lost its shine and followed in the footsteps of BTC. It hit a low of $3014.30 at the time of writing and is currently trading around $3016.70.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD pared most of its gains ahead of FOMC monetary policy. It hit a low of $61447 at the time of writing and is currently trading around $61586.
· Investing
- FxWirePro- TRXUSD (chart of the day)
TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers publi…
· Investing
- Shiba Inu Price Forecast: Historical Data Predicts May Movement
As April ends, the Shiba Inu cryptocurrency faces crucial market trends, with historical data indicating a possible continuation of its recent price declines into May. Past performance suggests a trend of downturns du…
· Business
- MicroStrategy Acquires 122 More Bitcoins, Total Holdings Soar to 214,400 BTC
In a bold move underscoring its commitment to digital currency, MicroStrategy announced the acquisition of an additional 122 bitcoins this April, taking its total holdings to 214,400 BTC. This acquisition, valued at a…
· Business
- Spot Bitcoin ETFs Begin Trading in Hong Kong, Marking New Investment Era
In a significant development, Spot Bitcoin exchange-traded funds (ETFs) commenced trading today in Hong Kong. This launch, eagerly anticipated by domestic and international investors, positions Hong Kong as a key hub …
· Business
- Philippines' Binance Ban Leads to Spike in Trading Fees, Limited Crypto Access
Following the Philippine government's ban on Binance for non-compliance, Filipino cryptocurrency traders now encounter higher trading fees and limited access to various cryptocurrencies, stressing the market's need fo…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD has been trading range bound between $2900 and $3355 for the past two weeks. It hit a low of $3118 at the time of writing and is currently trading around $3177.
· Investing
- FxWirePro- Ethereum Daily Outlook
ETHUSD has been trading range bound between $2900 and $3355 for the past two weeks. It hit a low of $3118 at the time of writing and is currently trading around $3177.
· Investing
- Ethereum Whales Sell Off 56K Coins, Fueling Fears of Further Price Drops
Whales have shaken the Ethereum market by dumping 56,000 coins, leading to widespread speculation about further price corrections amid the crypto market’s broader instability.
· Business
- Shiba Inu Faces New Correction, Dips Below Key Support Levels
Shiba Inu (SHIB), the popular meme cryptocurrency, has initiated another correction phase. It dropped below the crucial 26-day EMA and edged towards significant support levels. This downturn reflects a broader hesitan…
· Business
- MetaComp and Harvest Global Launch Innovative Bitcoin Spot ETFs in Singapore
In a significant move to expand global investment options, Singapore-based fintech MetaComp has teamed up with Harvest Global Investments to launch innovative bitcoin spot ETFs. This collaboration integrates advanced …
· Business
- Dogwifhat's Surge on Solana Network Ignites Crypto Market Buzz
Dogwifhat, a meme coin built on the Solana blockchain, has shown a remarkable recovery, catching the eye of investors after its recent listing on Bybit led to a notable price increase. This development comes amidst a …
· Business
- FxWirePro- BTCUSD Daily Outlook
BTCUSD pared most of its gains after upbeat US inflation. It hit a low of $62785 at the time of writing and is currently trading around $63319.
· Business
- Lawyer Accuses DOJ of 'Obvious Disdain for Privacy' in Tornado Cash Case
Amanda Tuminelli, legal counsel for the DeFi Education Fund, has strongly criticized the DOJ's apparent disregard for privacy and emerging technologies in its ongoing case against Tornado Cash.
· Business
- Australia Set to Unveil Spot Bitcoin ETFs, $4 Billion Inflows Projected
Australia's top exchange, the ASX, is poised to approve its first spot in Bitcoin ETFs. This could potentially unlock $3 to $4 billion in initial inflows over the next three years, bolstering the country's robust cryp…
· Business
- FxWirePro- HNTUSD (Chart of the day)
The Helium Network which runs on represents a paradigm shift for decentralized wireless infrastructure that enables devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without …
· Investing
- OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze
Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to s…
· Business
- Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools
As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017.
· Business
- MicroStrategy Stock Skyrockets 461.7% Despite Bitcoin Market Turmoil
Despite the cryptocurrency's volatility, MicroStrategy's stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management.
· Business
- Bitcoin Miners See Sharp Drop in Fee Revenue Following Halving Event
Following the recent Bitcoin halving, transaction fees, which once soared, now represent just 35% of miner revenue, significantly impacting their earnings amidst stable network conditions.
· Business
- Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership
Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giant's further dive into the Web3 space.
· Business
- Shiba Inu Issues Alert: TREAT Token Scams Surge Amid Blockchain Upgrades
token, which is leading to misinformation and fraudulent claims. Shibarmy Scam Alerts warns investors to verify sources as excitement grows around Shiba Inu's blockchain developments, including a significant shift of …
· Business
- Io.net Tightens Security After GPU Metadata Breach, Plans Live Recovery Demo
In response to a recent SQL injection attack targeting GPU metadata, Io.net's chief security officer, Husky.io, announced rigorous new security measures and a planned webcast to demonstrate live system recovery. This …
· Business
- Google Cloud Launches Web3 Portal, Stirring Mixed Reactions in Crypto Community
Google Cloud has unveiled a new Web3 portal featuring blockchain development tools, testnets, and educational resources, sparking diverse reactions across the cryptocurrency industry. While some praise the initiative …
· Business
- Ethereum Surges 6%, Outshines Bitcoin as Consensys Sues SEC Over Security Status
Ethereum's price has surged by over 6% to $3,320, outperforming Bitcoin amidst ongoing legal challenges. Consensys, backing Ethereum, has initiated a lawsuit against the SEC, contesting its attempt to classify ETH as …
· Business
- DOJ Counters Dismissal Bid in Tornado Cash Co-founder's Legal Battle
In a recent legal development, the DOJ firmly opposed a motion to dismiss charges against Roman Semenov, co-founder of Tornado Cash, highlighting potential jury issues over the crypto mixer's operations and sanction b…
· Business
- Shiba Inu on Edge: 69 Trillion Coins Test Market's Resolve as Prices Wobble
Shiba Inu (SHIB) confronts a critical juncture as its price teeters, driven by a broader market downturn and intense scrutiny over its ability to maintain crucial support levels amid a 69 trillion SHIB battle.
· Business
- SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement
Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders.
· Business
- Republic First Bank Shut Down by Regulators, Crypto Prices Tumble
In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions with…
· Business
- Shiba Inu Tops Robinhood, 300M Dogecoin Moves As Market Eyes Breakout
Shiba Inu leads this week's Robinhood cryptocurrency rankings as it surges 11%, while a massive 300 million Dogecoin transfer to Robinhood signals a potential market breakout, stirring interest among traders and inves…
· Business
- Tesla Sets Late 2025 Launch for Semi, Expands Megapack Production
Tesla Inc. has confirmed the launch of its Semi truck for late 2025, with broader customer deliveries expected in 2026. This announcement coincides with the expansion of Tesla's Megapack production at its Lathrop Mega…
· Business
- Binance Reassures Filipino Users Amid SEC App Removal Request, Urges Balanced Review by Google and Apple
Following recent regulatory proceedings by the Philippine Securities and Exchange Commission (SEC), Binance has finally published a statement to its users regarding the removal request for its app from the Google Play…
· Business