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Sheena Jordan
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Stories by Sheena Jordan
- Bitcoin: four reasons why the price should surge in 2024
The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to “clean up” the space to potentially make it more attractive to mainstream investors. N…
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD trading flat after upbeat US Non-Farm Rolls. The US economy has added 216000 jobs in Dec, above expectations of 168K. Unemployment rate unchanged at 3.7% vs. Estimate of 3.8%. It hit a low of $43200 at the time…
· Investing
- FxWirePro- AXLUSD (Chart of the day)
AXLUSD was one of the best performers today.
· Investing
- Spot Bitcoin ETFs Could Be Catastrophic, Says Former SEC Official and Cybersecurity Expert
Former SEC investigator John Reed Stark expressed a bleak outlook on Bitcoin (BTC) and cryptocurrencies, asserting their primary use in criminal activities.
· Business
- Cyvers Reveals $7.5M Heist on CoinsPaid Crypto Gateway
Crypto payment gateway CoinsPaid is grappling with its second security breach in the last six months, raising concerns over the vulnerability of digital assets.
· Business
- Honduras’ Prospera Special Economic Zone Accepts Bitcoin as Standard Monetary Unit
Honduras officially adopted Bitcoin as a legal tender two years ago. Próspera, the private city and special economic zone on the island of Roatán in the Central American state of Honduras, revealed it now recognizes t…
· Business
- Bitcoin Breakout Looms: Bulls Hold $44k Support in Anticipation of ETF Decision
As Bitcoin closes in on the first weekly cycle of 2024, the cryptocurrency market is bracing for potential shifts in BTC price dynamics.
· Business
- Iranian Crypto Exchange Bit24.Cash Suffers User Passport and ID Leak
Iran has fully embraced cryptocurrency despite restricted access to international financial markets.
· Business
- FxWirePro- Ethereum Daily Outlook
ETH prices trade flat after a massive rally of 60%. ETHUSD has consolidated in a narrow range between $2447 and $2101 for the past four weeks. Whale reports show that there were three massive transactions of 14462 ETH…
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD recovered more than $2000 in hopes of BTC ETF approval. Markets eye US Non-Farm Payroll data for further direction. It hit a high of $44346 at the time of writing and is currently trading around $43713.
· Investing
- FxWirePro- TIAUSD (Chart of the day)
TIAUSD was one of the best performers today.
· Investing
- Grayscale Negotiating With JPMorgan, Goldman Sachs for Potential Spot Bitcoin ETF Role
Crypto asset manager Grayscale Investments is reportedly exploring partnerships with top-tier firms, such as JPMorgan and Goldman Sachs, for potential roles in its proposed spot Bitcoin exchange-traded fund (ETF). JPM…
· Business
- Huobi Korea Announces Shut Down of Its Virtual Assets Exchange Platform
Huobi Korea surprised its users with the sudden announcement of the termination of its services. The crypto exchange company said it will stop the operation of its platform this month and issued a notice for all users.
· Business
- Akash Network- Block Chain for cloud
Akash is the world's first and only Super cloud for serverless computing, enabling anyone with a computer to become a cloud provider by offering their unused compute cycles in a safe and frictionless marketplace. Akas…
· Investing
- MEME Token Soars 9% After Binance Labs Investment
In an announcement on January 4, Binance Labs disclosed its investment in the native ecosystem token of Memeland, a project emphasizing the creation and investment in the social economy. The specific size of the inves…
· Investing
- Scrutiny Mounts as Coinbase Plays Key Role in Bitcoin ETF Proposals
Coinbase, the prominent US-based cryptocurrency exchange, looms large in discussions about approving a spot Bitcoin ETF in the United States.
· Business
- Tether CEO Says Blockchain and Tokens Unnecessary for Crypto
Tether CEO Paolo Ardoino advocates for a strategic shift in focus as we enter 2024.
· Business
- Tuttle Capital Management Files for Six Proposed Leveraged and Inverse Bitcoin ETFs
Exchange-traded fund (ETF) issuer Tuttle Capital Management has recently filed for six proposed leveraged and inverse Bitcoin ETFs with the United States securities regulator, aiming to provide investors with the oppo…
· Business
- China's Legal Daily Calls Crypto 'Corruption Channel' Calls for Crackdown
China's Legal Daily has featured a call to combat bribery facilitated by cryptocurrency and other electronic payment methods.
· Business
- FxWirePro- BTCUSD Daily Outlook
BTCUSD pared some of its gains after less dovish FOMC meeting minutes. The minutes meeting confirm that rates are at a peak and inflation is cooling down. The central bank will take further action depending on economi…
· Investing
- FxWirePro- AKTUSD (Chart of the day)
AKTUSD was one of the best performers today.
· Investing
- BlackRock Expected to Venture Into Bitcoin Market With $10 Million ETF Seed Funding
BlackRock, the world's largest asset manager, is making its mark in the cryptocurrency industry by venturing into Bitcoin. Analysts anticipate the company will purchase $10 million worth of Bitcoin on January 3.
· Business
- Justin Sun Moves $50M to Binance Despite Crypto Downturn
Amid a recent downturn in the cryptocurrency market, Justin Sun, the founder of Tron (TRX), reportedly orchestrated a significant transfer of USDT to Binance, one of the world's premier cryptocurrency exchanges.
· Business
- Cosmsos- The Internet of Blockchain
Cosmos is an ever-expanding ecosystem of interoperable and sovereign blockchain apps and services, built for a decentralized future. It's a novel blockchain network architecture that addresses all of these problems.
· Investing
- South Korea Eyes Ban on Credit Card Purchases of Cryptocurrency to Combat Illegal Outflows
South Korea's top financial regulator, the Financial Services Commission (FSC), has proposed to amend the country's credit finance laws. The aim is to prohibit local citizens from using credit cards to purchase crypto…
· Business
- Bitget Expands Workforce Amid Bitcoin and BRC-20 Buzz
In a proactive move reflecting the evolving landscape of the cryptocurrency market, Bitget, the crypto exchange, has significantly increased its workforce.
· Business
- Etherscan Acquires Solscan Solana Block Explorer to Innovate and Expand Blockchain, Web3 Services
Etherscan is a known block explorer and analytics platform for Ethereum, and it announced its acquisition of Solscan, a user-friendly and real-time update scanning tool for the Solana ecosystem. This deal also marks t…
· Business
- Nigeria Imposes Strict Crypto Rules After Lifting Ban
Nigeria has been a focal point in cryptocurrency discussions, predominantly driven by its surging adoption.
· Business
- TD Cowen Tags SEC's Spot Bitcoin ETF Approval as 'Political Necessity'
The U.S. Securities and Exchange Commission (SEC) is poised to approve a spot Bitcoin exchange-traded fund (ETF) before the Jan. 10 deadline, marking it as a "political necessity," as stated by investment bank's TD Co…
· Business
- Bitcoin Mining Firm CleanSpark Enters Trading Arena With Upcoming In-house Desk
Bitcoin mining firm CleanSpark is set to unveil its in-house trading desk. The decision stems from the large Bitcoin balance held by the company. This amounts to 2,575 Bitcoins, as indicated in a November mining update.
· Business
- Fame AI Partners With Neo to Boost AI and Crypto Adoption
In a groundbreaking move, Fame AI proudly announces its strategic partnership with Neo, a prominent open-source blockchain platform driven by community collaboration.
· Business
- Visa-Backed Crypto Venture Chooses Fair Token Offering Launch Over ICO
Playbux, a pioneering Web3 entertainment platform, is set to revolutionize fundraising by conducting a Fair Community Offering (FCO) to raise $150,000 from the public later this month.
· Business
- FxWirePro Analysis - Ordinals
The NFT marketplace is dominated by major players like Ethereum and Solana. Due to poor architecture and lack of smart contract capability. The implementation of Segwit and Taproot in Bitcoin protocol made Bitcoin Ord…
· Investing
- FxWirePro- BTCUSD Daily Outlook
BTCUSD surged sharply for the past two days and hit a 21-month high as demand for safe-haven demand increased. It hit a high of $45922 and is currently trading around $45081.
· Investing
- FxWirePro- Ethereum Daily Outlook
ETH prices showed a minor sell-off after forming a double top around $2450.
· Investing
- Bitcoin Lightning Network Expands Transfer Capacity
LookIntoBitcoin, a platform tracking Lightning Network statistics, reveals that the network can now handle over $210 million in transfers. This is equivalent to approximately 4,980 Bitcoin (BTC). This is close to the …
· Business
- ICP- Internet Computer protocol
The Internet Computer (IC) is a new platform for executing smart contracts. The Internet Computer (ICP) allows Web3 services to run 100% on-chain, being the only protocol on top of which developers can build and users…
· Investing
- FxWirePro- ASTRUSD (Chart of the day)
ASTRUSD was one of the best performers this month.
· Investing
- Bitcoin Surges Above $45,000 as Optimism Grows for Exchange-Traded Spot Bitcoin Funds
Bitcoin, the world's largest cryptocurrency, made a remarkable comeback on Tuesday, surpassing the $45,000 mark for the first time since April 2022. This surge in price has sparked optimism among investors, driven by …
· Business
- Disney’s Mickey Mouse Debut as Meme Coin After Steamboat Willie Enters Public Domain
Disney's first-ever animated version of Mickey Mouse, known as Steamboat Willie, has been tokenized not long after it was announced that the character has entered the public domain. A new meme coin featuring the chara…
· Business