TokenPost reporter
Sheena Jordan
Contents Manager
Stories by Sheena Jordan
- Shiba Inu Token Burn Skyrockets, Fueling Hopes for Market Rebound
As Shiba Inu's burn rate surges by 500% overnight, surpassing 774 million tokens, market watchers are eyeing a potential rebound despite the broader cryptocurrency downturn. The move is an aggressive strategy to enhan…
· Business
- South Korean Won Surpasses US Dollar in Crypto Trading Volume for Q1 2024
The South Korean Won has eclipsed the US Dollar as the leading currency in cryptocurrency trading, achieving a record $456 billion in transactions during the first quarter of 2024, as fierce competition among local ex…
· Business
- Shiba Inu Token Burn Skyrockets, Fueling Hopes for Market Rebound
As Shiba Inu's burn rate surges by 500% overnight, surpassing 774 million tokens, market watchers are eyeing a potential rebound despite the broader cryptocurrency downturn. The move is an aggressive strategy to enhan…
· Business
- Animoca Founder Predicts Bitcoin to Reach $1M, Not Just as Store Value, at Rio Summit
Speaking at WebSummit Rio, Animoca Brands founder Yat Siu predicted that Bitcoin would eventually exceed one million dollars, highlighting its potential as a status symbol in the digital economy.
· Business
- Shibarium's Transaction Count Soars to Nearly 1 Million in Record Surge
Shibarium, Shiba Inu's layer-2 blockchain, has witnessed a meteoric rise. It is nearing one million daily transactions, and a 228.5% increase in activity sets a new transaction record.
· Business
- Bitcoin Fees Soar to $11M as Halving Event Nears, Hash Rate Spikes
Bitcoin (BTC) transaction fees soared to a record-breaking $11 million in a single day as the highly anticipated Halving event approached. This uptick reflects greater activity on the Bitcoin network as users race to …
· Business
- Expert Warns: Altcoin Dip Buying Riskier Than It Appears, Cites Historical Data
Amid turbulent market conditions, Benjamin Cowen, CEO of Into The Cryptoverse, advises caution against purchasing altcoins on the dip, pointing to historical patterns that signal further declines could follow.
· Business
- Markets Teeter as 10x Research Predicts Sharp Decline in Stocks, Crypto
In a stark warning from 10x Research, founder Markus Thielen predicts a significant downturn for both stock and cryptocurrency markets, driven by persistent inflation fears and diminishing hopes for rate cuts. This al…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD trades are weak following the footsteps of Bitcoin. It hit a low of $2989 yesterday and is currently trading around $3085.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD is trading weak ahead of the BTC halving event. It hit a low of $61308 and is currently trading around $62725.
· Investing
- Changpeng Zhao Faces Sentencing, Crypto Community Watches Anxiously
Former Binance CEO Changpeng Zhao prepares for his sentencing on April 30 amid high stakes for the crypto industry. Scheduled in the Western District of Washington, the court will decide if Zhao's cooperation with U.S…
· Business
- FxWirePro- COREUSD (Chart of the day)
Core Blockchain (Core Chain), is a Bitcoin-powered, Bitcoin-aligned, EVM-compatible layer one blockchain.
· Investing
- Shiba Inu's Lucie Unveils 'DAMN' and 'PIKA' Tokens, Fuels Crypto Market Optimism
Shiba Inu's marketing lead Lucie recently took to X to encourage market optimism, revealing key data about Shibarium tokens DAMN, also known as the Sol-killer, and “PIKA,” also known as the Pre-sale Killer.
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD showed a pullback of more than 15% after a massive sell-off. It hit a high of $3280 at the time of writing and is currently trading around $3242.50.
· Investing
- Germany's Largest Federal Bank, Landesbank Baden-Württemberg, Teams with Bitpanda for Crypto Custody Services
In a landmark move, Germany's largest federal bank, Landesbank Baden-Württemberg (LBBW), partnered with Bitpanda to launch cryptocurrency custody services. This marks a significant step in traditional finance's embrac…
· Business
- Shiba Inu Burn Rate Soars 64,201%, Fueling Epic 657 Million Token Vanish
In a remarkable market maneuver, the Shiba Inu community has executed a massive 64,201% increase in its token burn rate, permanently removing 657 million SHIB from circulation amid a broader market downturn.
· Business
- Fiji Central Bank Cautions on Crypto Use, Dashing Bitcoin Integration Hopes
In a surprising move, the Reserve Bank of Fiji has warned against using cryptocurrencies for payments or investments, reversing earlier expectations stirred by the Prime Minister's pro-Bitcoin stance. This advisory co…
· Business
- China's New ETFs Set to Boost Bitcoin, Ethereum, and XRP Prices
As China approves new cryptocurrency ETFs, expectations rise for a significant price surge in Bitcoin, Ethereum, and XRP. These developments amidst fierce competition between Hong Kong and U.S. markets for cryptocurre…
· Business
- Analyst Predicts Bitcoin Could Reach $650K with New Hong Kong ETFs
As Hong Kong licenses new Bitcoin and Ethereum ETFs, top analyst Willy Woo forecasts a potential Bitcoin price spike to $650,000, inspired by robust ETF investments and favorable market conditions.
· Business
- Solana's OI Drops $440M, Yet Prices Climb Amid Wider Crypto Slump
Despite a sharp 21% decrease in open interest over the past 24 hours, Solana's market price has resiliently surged by 11% to $142.76, bucking the broader trend of declines across major cryptocurrencies. This contrast …
· Business
- Uniswap Hikes Trading Fees To 0.25% Amid SEC Scrutiny
Uniswap has increased its trading fees to 0.25% in response to ongoing SEC inquiries, strengthening its legal reserves as it navigates regulatory waters. Simultaneously, Shiba Inu's burn rate has skyrocketed by 18,000…
· Business
- AI Crypto Projects Set to Surge as Tech, Token Demand Grow
AI-powered crypto tokens are experiencing unprecedented growth as the global IT landscape evolves. These tokens, used for transactions on AI platforms, drive technological innovation and offer significant governance a…
· Business
- Exchange Your In-Game Coins for Notcoin Tokens Before Launch Next Week
As Notcoin readies for its imminent launch on The Open Network, the gaming community buzzes with anticipation. Set to go live in just over a week, the token's conversion rate from in-game currency to blockchain-based …
· Business
- Worldcoin Hits 10M Users, Fuels 70M Transactions, Buys 13 Goats
Worldcoin's World App has surged to 10 million users in less than a year and executed over 70 million transactions. Among its quirky milestones is facilitating the purchase of at least 13 goats in Kenya, highlighting …
· Business
- Exchange Your In-Game Coins for Notcoin Tokens Before Launch Next Week
As Notcoin readies for its imminent launch on The Open Network, the gaming community buzzes with anticipation. Set to go live in just over a week, the token's conversion rate from in-game currency to blockchain-based …
· Business
- Fidelity Introduces Fees on ETF Trades Lacking Sponsor Fees, Shakes Up Industry
Fidelity announces a groundbreaking shift in its fee structure for ETF trades, imposing charges on transactions without sponsor support, marking a significant pivot from the industry's long-standing practice of low-co…
· Business
- Bitcoin Halving Impact Wanes, Demand From Whales Sets Price Course
In a significant shift from previous patterns, the upcoming Bitcoin halving is less likely to sway the cryptocurrency's price, according to a recent analysis by CryptoQuant. The report highlights a burgeoning demand f…
· Business
- Shibarium's Transaction Volume and User Count Explode in Record-Breaking Surge
In an astonishing development, Shibarium, the blockchain platform of the meme-inspired cryptocurrency Shiba Inu, has witnessed a dramatic surge in transaction volume and user activity. Over the past 24 hours, transact…
· Business
- FxWirePro- FTMUSD (Chart of the day)
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD pared some of its gains ahead of BTC halving. It hit a low of $68215 and is currently trading around $68985.
· Investing
- FxWirePro- Ethereum Daily Outlook
ETHUSD pared some of its gains after strong US inflation data. It hit a low of $3413 at the time of writing and is currently trading around $3437.
· Investing
- Hong Kong Poised to Launch Asia's First Spot Bitcoin ETFs in April
Hong Kong is set to approve its first spot bitcoin exchange-traded funds (ETFs) this month, marking a significant move to bolster its position as a global financial hub amid challenges. Insiders report that the city c…
· Business
- Shiba Inu's Fate Hangs in Balance: Whales Vanish, Price Pivot Point Nears
Amid a significant decline in large transactions by Shiba Inu's (SHIB) whales, the cryptocurrency faces potential volatility. Eyes are on a crucial technical pattern that could either lead to a rally or further declin…
· Business
- New Zealand Risks Falling Behind in Crypto Innovation with Cautious Stance
Commerce and Consumer Affairs Minister Andrew Bayly warns that New Zealand's "wait and see" approach to cryptocurrency may hinder its potential to benefit from the burgeoning digital asset sector. With the global race…
· Business
- US CPI Surges to 3.5%, Bitcoin Tumbles Amid Inflation Fears
In a striking development, the US CPI for March soared to 3.5%, exceeding forecasts and intensifying inflation concerns. This uptick has notably influenced Bitcoin's trajectory, leading to a sharp decline as investors…
· Business
- SEC Targets Uniswap Labs with Legal Notice, DeFi Sector Under Scrutiny
The U.S. Securities and Exchange Commission (SEC) intensifies its oversight of the cryptocurrency industry by issuing a Wells Notice to Uniswap Labs, the entity behind the world's largest decentralized exchange (DEX),…
· Business
- Fidelity Introduces Fees on ETF Trades Lacking Sponsor Fees, Shakes Up Industry
Fidelity announces a groundbreaking shift in its fee structure for ETF trades, imposing charges on transactions without sponsor support, marking a significant pivot from the industry's long-standing practice of low-co…
· Business
- Bitcoin Halving Impact Wanes, Demand From Whales Sets Price Course
In a significant shift from previous patterns, the upcoming Bitcoin halving is less likely to sway the cryptocurrency's price, according to a recent analysis by CryptoQuant. The report highlights a burgeoning demand f…
· Business
- Shibarium's Transaction Volume and User Count Explode in Record-Breaking Surge
In an astonishing development, Shibarium, the blockchain platform of the meme-inspired cryptocurrency Shiba Inu, has witnessed a dramatic surge in transaction volume and user activity. Over the past 24 hours, transact…
· Business
- Shiba Inu Burn Rate Soars 300% Amid SHIB Price Revival
Shiba Inu, the meme coin heavyweight, experiences a 300% surge in burn rate, eliminating nearly 100 million SHIB tokens from circulation. This development aligns with a recent uptick in SHIB’s price.
· Business