In recent weeks, Shiba Inu (SHIB) has experienced a significant downturn, with its market value dropping approximately 13% as of the latest data from CoinGecko. This decline can largely be attributed to a wave of negative sentiment circulating on platforms such as Telegram, where discussions surrounding SHIB have become increasingly pessimistic. Notably, recent statistics indicate
In today’s fast-paced world of cryptocurrency and blockchain technology, having a seasoned voice can navigate this chaotic space is invaluable. Best Owie stands out as a beacon of informative journalism, demonstrating a remarkable ability to distill complex financial topics into engaging content. As the Managing Editor at NewsBTC, Owie is not merely an editor but
Ethereum is currently experiencing a significant and precarious moment in its trading history. Following its unsuccessful attempt to break the $2,500 barrier earlier this week, the cryptocurrency is caught in a critical juncture that could shape its immediate future. The anticipation of a bullish rally throughout the crypto market juxtaposes with growing apprehension about a
Cryptocurrency exchanges are continuously evolving to meet market demands, and Binance is no exception. On October 11, 2023, Binance announced the expansion of its trading options by introducing trading bot services for PEPE/FDUSD, SUI/FDUSD, and EIGEN/TRY pairs. While these developments may seem promising, a closer examination reveals a blend of strategic enhancements and operational challenges
The rapidly evolving landscape of digital currencies is pushing lawmakers to address regulatory frameworks that can foster innovation while protecting consumers. Recent developments have highlighted the need for a stable and clear regulatory environment, especially concerning stablecoins. Senator Bill Hagerty (R-TN) is at the forefront of this movement, presenting a carefully crafted discussion draft aimed
In an ambitious step towards expanding its footprint in the cryptocurrency space, Arkham Intelligence is gearing up for the launch of its own crypto derivatives exchange next month. This initiative, as reported by Bloomberg News on October 11, has been generating notable buzz within the crypto community, propelling the platform’s native token, ARKM, to a
In August 2024, a major incident unfolded involving Fidelity Investments, a leading global asset management firm with a significant presence in the financial services sector. The breach, which took place between August 17 and August 19, led to the unauthorized access of personal information impacting over 77,000 customers. Such occurrences are serious in the financial
The conflict between the Nigerian Securities and Exchange Commission (SEC) and Binance, the world’s foremost cryptocurrency exchange, has transitioned into a protracted legal saga, notably impacting one of its top executives. Tigran Gambaryan, who oversees financial crime compliance at Binance, has been imprisoned since February 2023 under allegations of money laundering. Recent developments have seen
In the rapidly changing landscape of blockchain and decentralized applications, the SEED Telegram app stands out as a compelling platform for users interested in engaging with Web3 technologies. It offers a gamified approach to interacting with digital assets, NFTs, and blockchain gaming projects, providing users a unique vehicle to earn rewards. With the much-anticipated SEED
The world of cryptocurrency is fraught with uncertainty, and Bitcoin, as the flagship digital asset, encapsulates this volatility. Recent market dynamics indicate a pivotal moment for Bitcoin, as it rests precariously above a crucial support level. This scenario brings to light the potential for significant selling pressure should a small group of traders initiate a
