TokenPost reporter
Sheena Jordan
Contents Manager
Stories by Sheena Jordan
- SEC Pauses on NYSE Bitcoin ETF Options Proposal, Extends Review Period
The Securities and Exchange Commission (SEC) has paused its decision-making process regarding the New York Stock Exchange's innovative proposal to introduce options trading on Bitcoin Exchange-Traded Funds (ETFs).
· Business
- Nervos network- Multi-layered blockchain
Nervos is a layered crypto-economy network. Nervous separates the infrastructure of a crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation la…
· Investing
- Shiba Inu Cryptocurrency Warning: Five Key Indicators Turn Red
Shiba Inu, the meme cryptocurrency, faces potential market challenges as five critical metrics indicate a downturn, posing risks for investors.
· Business
- Ripple Unveils USD-Backed Stablecoin, Targets Dominance Over USDT and USDC
Ripple has announced its entry into the stablecoin fray with a US dollar-backed token, setting its sights on challenging industry giants USDT and USDC. The initiative, which will see initial issuance on the XRP Ledger…
· Business
- Dogecoin Whales Make Waves: Accumulate 200 Million Coins Amid Market Downturn
A significant development has occurred amid a general downtrend in the cryptocurrency market. In a surprising move, Dogecoin whales swiftly accumulated over 200 million DOGE. This bold acquisition, which occurred on A…
· Business
- Flare - EVM based Layer 1 Blockchain
Flare is the blockchain for data. It is a layer 1, EVM smart contract platform designed to expand the utility of blockchain.
· Business
- GBTC Outflows Hit Monthly Low Amid Rising Bitcoin ETF Inflows and Institutional Interest
For the first time since February, outflows from the Grayscale Bitcoin Trust (GBTC) fell to $75 million on April 3, signaling a shift in investor sentiment and hinting at a potential Bitcoin rally. This change coincid…
· Business
- Bitcoin Miners Reactivate as BTC Prices Soar, Analyst Reports
As Bitcoin's price hits a record high, previously unprofitable Bitcoin miners are powering up their machines again, according to industry analysts, marking a significant turn in the cryptocurrency mining sector. Surgi…
· Business
- Shiba Inu Tops Trading Charts in India; Meme Coins Eye New Highs
Shiba Inu, the second-largest meme cryptocurrency, soared to a two-year high in March, becoming the most traded digital asset on WazirX, India's leading cryptocurrency exchange, surpassing even Bitcoin and Dogecoin.
· Business
- Goldman Sachs Remains Crypto Skeptic Amid Wall Street's Bitcoin ETF Boom
Despite the booming interest in Bitcoin ETFs led by BlackRock and Fidelity, Goldman Sachs' Sharmin Mossavar-Rahmani expressed the firm's continued skepticism towards cryptocurrency as a viable investment, contrasting …
· Business
- SEC Opens Floor for Public Feedback on Ethereum ETF Proposals Amid Uncertainty
The U.S. Securities and Exchange Commission (SEC) is calling for public input on proposed spot Ethereum ETFs, highlighting the regulatory body's continued scrutiny of digital asset funds amid growing investor uncertai…
· Business
- Million-Dollar SHIB Withdrawals by Whales Spark Sudden Price Rally
In an unexpected twist, significant withdrawals of Shiba Inu (SHIB) tokens by unknown whales from major exchanges have triggered a sharp rally in SHIB's price. The removal of over $5 million worth of SHIB from Binance…
· Business
- KuCoin's Bitcoin Reserve Tumbles 25% Following DOJ's Legal Charges
KuCoin, a popular cryptocurrency exchange, saw a significant drop in its Bitcoin (BTC) reserve. In March, the BTC reserves fell by more than 25% month over month. This dramatic decline follows recent charges filed by …
· Business
- Whale Activity Spikes as 580M DOGE Move: Market Awaits Recovery Signal
In a significant show of whale activity, over 580 million Dogecoin were moved, igniting speculation on DOGE's recovery prospects amid a broader market correction. This movement comes as the crypto community watches fo…
· Business
- MEW Coin Soars 50% on Solana as Listing Boost Spurs Investor Frenzy
The meme coin MEW, part of the Solana ecosystem, surged 50% following announcing its upcoming major exchange listing. This notable rally highlights the growing investor interest in niche cryptocurrencies and the poten…
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD trades weak following footsteps of Bitcoin. It hit a low of $3204 yesterday and is currently trading around $3316.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD declined more than $7000 from a minor top of $71754 due to profit booking. It hit a low of $64545 and is currently trading around $66094.
· Investing
- FxWirePro- FLRUSD (Chart of the day)
Flare is the blockchain for data. It is a layer 1, EVM smart contract platform designed to expand the utility of blockchain.
· Investing
- U.S. Moves $2B Silk Road Bitcoin Ahead of Potential Sale, On-Chain Clues Suggest
On April 3, U.S. authorities initiated a significant step toward liquidating $2 billion worth of Bitcoin seized from the Silk Road, with a test transaction to Coinbase signaling imminent sale. This move marks a pivota…
· Business
- Samsung CEO Enthralled by Cybertruck; Company Unveils Revolutionary GDDR7 Chips
Kye Hyun Kyung, CEO of Samsung Electronics, praised the Tesla Cybertruck's unique capabilities during a U.S. test drive. Samsung also announced the launch of its groundbreaking GDDR7 memory chips, which are set to sig…
· Business
- Coinbase Warns of Potential Hidden Risks in Ethereum Restaking Mechanism
In a recent research report, Coinbase analysts highlight the potential hidden risks associated with Ethereum's new restaking protocol, Eigenlayer, which aims to bolster yields through liquid restaking tokens (LRTs).
· Business
- Hut 8's CEO Forecasts Transformation in Mining Landscape Post-Bitcoin Halving
In a Bloomberg interview, Hut 8 Mining CEO Asher Genoot unveiled the expected pivotal shifts for the cryptocurrency mining sector, focusing on the Bitcoin halving on April 18. Highlighting strategies for success, Geno…
· Business
- Ethereum ETF Hopes Dim; Solana's Founder Trolls with 'BunkerCoin' Joke
Amid fluctuating expectations for a U.S.-approved Ethereum ETF, analyst offers a stark reality check, predicting slim chances for approval. Concurrently, Solana's Anatoly Yakovenko lightens the mood with a fictional "…
· Business
- Core- Bitcoin Layer 1 Blockchain with Satoshi plus novel consensus mechanism
Core Blockchain (Core Chain), is a Bitcoin-powered, Bitcoin-aligned, EVM-compatible layer one blockchain.
· Investing
- Hokkoku Bank Pioneers with ‘Tochika’: Japan's First Deposit-Backed Stablecoin
Hokkoku Bank has set a new benchmark in Japan's financial sector by launching 'Tochika', the country's first stablecoin secured by bank deposits. This strategic move aims to enhance digital currency utility and foster…
· Business
- China Partners with Conflux Network to Launch Major Blockchain Initiative
In a significant move, China has collaborated with Conflux Network to introduce a new public blockchain infrastructure platform to bolster the Belt and Road Initiative through advanced cross-border applications.
· Business
- Thailand's Leading Crypto Exchange Bitkub Announces Plans for 2025 IPO
Bitkub Capital Group Holdings, the powerhouse behind Thailand's top cryptocurrency exchange, has unveiled plans for an Initial Public Offering (IPO) in 2025, marking a pivotal step in its expansion strategy. Amid a bu…
· Business
- OpenAI to Launch First Asian Office in Tokyo, Boost for Worldcoin Expected
In a strategic expansion, OpenAI is set to open its first office in Asia, choosing Tokyo, Japan, as its base, reflecting the company's commitment to global AI development and regulation.
· Business
- Shiba Inu's Burn Rate Soars, Achieves New Milestones Amidst March Bull Run
In a remarkable display of momentum, Shiba Inu (SHIB), the meme coin rivaling Dogecoin, saw its burn rate skyrocket by 2,300% in March, obliterating over 15.5 billion tokens and marking significant network achievements.
· Business
- FxWirePro- Ethereum Daily Outlook
ETHUSD has consolidated in a narrow range between $3679 and $3458 in the past two days. It hit a high of $3591 at the time of writing and is currently trading around $3572.
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trades flat after surging more than $1000 from a minor bottom of $60760. It hit a high of $71574 and is currently trading around $70286.
· Investing
- FxWirePro- JUPUSD (Chart of the day)
It is a decentralized cryptocurrency exchange based on Solana. It is built from Nxt's system based on cryptography and blockchain technology. Jupiter directly connects all DEX markets and AMM pools no matter the provi…
· Investing
- Peter Schiff Cites Rapid Growth as Key to Bitcoin's Appeal Over Gold
Peter Schiff, a vocal cryptocurrency critic, has articulated why he believes young investors favor Bitcoin over traditional gold, attributing their preference to Bitcoin's potential for swift growth despite his skepti…
· Business
- 1.4 Trillion SHIB Moved to KuCoin Amid Legal Controversy, Shocks Crypto World
In an unexpected twist, over 1.4 trillion Shiba Inu coins, valued at approximately $43.5 million, were transferred to the KuCoin exchange, currently under scrutiny by the US Department of Justice for alleged regulator…
· Business
- Analyst Foresees Bitcoin Hitting $75K with Conditions Amid Market Volatility
Amidst a flurry of speculation, prominent crypto analyst Ali Martinez forecasts Bitcoin could soar to $74.5K, contingent on overcoming specific market hurdles, stirring optimism and caution in equal measure among inve…
· Business
- Ethereum Co-Founder Vitalik Buterin Critiques Memecoins Amid Crypto Frenzy, Advocates for Charitable Alternatives
Ethereum co-founder Vitalik Buterin voices his concern over the direction of memecoins, advocating for the use of cryptocurrency in supporting public endeavors and charitable causes, diverging from the recent market f…
· Business
- Traders Stake $2.4M on SEC's Verdict for Ether ETFs by May Deadline
Amid intense speculation, crypto enthusiasts have wagered over $2.4 million on Polymarket, betting on the U.S. Securities and Exchange Commission’s decision regarding the approval of spot Ether exchange-traded funds (…
· Business
- Binance Entity HKVAEX Withdraws License Application, to Exit Hong Kong Amid Regulatory Clampdown
In a significant move, HKVAEX, the Hong Kong-based cryptocurrency exchange known for its alleged ties with Binance, withdrew its operational license application on March 28, signaling its impending exit from the Hong …
· Business
- IXO™ 2024: South Korea's Largest Web3 Roadshow Expands Lineup
TokenPost, South Korea's No.1 blockchain media, is spearheading the global Web3 roadshow 'IXO™ 2024' to foster the Web3 ecosystem, attracting key industry companies to join in.
· Business
- Crypto ATM Installations Set to Skyrocket, Driven by Bitcoin FOMO, CEO Predicts
As the crypto industry anticipates a surge in Bitcoin interest post-halving, Bitcoin Depot CEO Brandon Mintz predicts a significant resurgence in crypto ATM installations worldwide. This optimism follows a decline in …
· Business