Home Blog Page 2447

Multi-Asset Trading Platform PrimeXBT List Shiba Inu And 23 Other Cryptocurrencies

Mark Brennan
-
0
Multi-Asset Trading Platform PrimeXBT List Shiba Inu And 23 Other Cryptocurrencies

PrimeXBT lists Shiba Inu and 23 other crypto coins.



Leading multi-asset trading platform, PrimeXBT, has announced that it has listed Shiba Inu (SHIB) alongside 23 other cryptocurrencies. 

According to the company, the move will ensure that crypto traders have a wide range of offerings they can choose from. 

PrimeXBT Offerings

Prior to the announcement, PrimXBT initially supported cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and Solana (SOL). 

However, with the addition of 24 new digital currencies, the trading platform has increased its cryptocurrency offerings to more than 30 assets. 

Per the announcement, PrimeXBT said aside from Shiba Inu, the newly listed cryptocurrencies include Binance Coin (BNB), Decentraland (MANA), Klaytn (KLAY), Cosmos (ATOM), Dfinity (ICP), Helium (HNT), Avalanche (AVAX), and Fantom (FTM). 

The other newly listed cryptos include Elrond (EGLD), Polygon (MATIC), Stellar (XLM), Axie Infinity (AXS), NEAR, SAND, Theta, Algorand (ALGO), VeChainThor (VET), TRON (TRX), TEZOS (XTZ), Terra (LUNA), FTX (FTT), FileCoin (FIL), and Monero (MNR). 

PrimeXBT, which also offers Forex, stock, and commodity trading instruments, said its total asset offering has reached 100, following the addition of 24 cryptocurrencies. 

The exchange, which currently ranks as the sixth-largest crypto derivative platform, has a 24-hour trading volume of $435 million, according to data on Coingecko.   

Commenting on the new listing, a PrimXBT spokesperson said: 

“We are proud to offer the trading community a one-stop-shop enabling a diverse trading portfolio of assets. The new listing further presents a range of profitable opportunities all under one roof.” 

PrimeXBT was launched in 2018, with its headquarters located in Seychelles. The popular trading broker offers a wide range of assets, including forex, stocks, commodities, and cryptocurrencies.

Shiba Inu Trading Expansion Continues

The development marks the latest expansion of Shiba Inu across various trading platforms, which is majorly a result of widespread interest in cryptocurrency. 

The dog-themed cryptocurrency, which went live in August 2020 has been integrated across several cryptocurrency exchanges, including Binance, KuCoin, Coinbase, FTX, Huobi Global, etc. 

Following the growing community behind SHIB, it is rare to see crypto trading platforms that do not offer their users access to the cryptocurrency, as not doing so would see the exchange lose out on fees. 

Meanwhile, Crypto Basic reported that a top Brazilian exchange added support for Shiba Inu earlier this year. 

Cardano Founder, Charles Hoskinson Reveals Three Main Aspects Cardano Plans to Focus On Throughout the Year

Mark Brennan
-
0
Cardano Founder, Charles Hoskinson Reveals Three Main Aspects Cardano Plans to Focus On Throughout the Year

Charles Hoskinson Reveals Three Main Aspects Cardano Plans to Focus On as the time progress.



Popular blockchain project Cardano is not looking to slow down on its constant development of the network. 

In a recent interview with popular YouTuber Marco Monty Montemagno, Cardano founder Charles Hoskinson disclosed three significant aspects the project team intends to focus on throughout the year. 

According to Hoskinson, Cardano’s three main focuses in 2022 would be centered on commercial comparability and network sustainability, as well as the self-determination of its entire blockchain. 

Cardano’s Main Focus for the Year

On the aspect of commercial comparability, Hoskinson said Cardano has been consistent in building relevant upgrades since its inception. This constant development has helped the project know what upgrade would give a competitive edge to compete with rival networks like Solana and Ethereum. 

“With the right upgrade, we will not only get the correctness and the resilience of the network, but we will also get the best of what competitors are bringing to bear,” Hoskinson was quoted as saying. 

Hoskinson noted that so far, previous upgrades like Hydra have helped improve the expressiveness and scalability of Cardano on all fronts. 

He disclosed that many new features, including side-chains, will be rolled out between June and October this year, a period Hoskinson believes will be the most significant for Cardano. 

The team will also be more focused on the sustainability of Cardano, which will allow the network to become more efficient, scalable and also grow at an organic pace, Hoskison said. 

Focusing on the sustainability of Cardano, according to Hoskinson, would further enhance user experience and not diminish it while referring to the high gas fees currently being experienced by Ethereum users.  

For the Cardano boss, self-determination is the last aspect the team wants to focus on throughout the year.   

With self-determination, Hoskinson said the entire system, including holders of Cardano, can decide the roadmap and future of the blockchain. 

“Once you have a solid governance system, you will have the wisdom of millions instead of a few. No matter how smart I am, I am not smarter than a million people. We’ll harness the wisdom of Cardano enthusiasts,” Hoskison added. 

He added that the Cardano treasury system would come in handy this year, as the network plans to provide developers funding. 

Getting Cardano’s self-determination and self-funding is imperative in helping Cardano win and to increase its community beyond its current three million supporters. 

Cardano (ADA) Tipped to Surge 

While ADA, Cardano’s native cryptocurrency, has not met investors’ expectations, the cryptocurrency is tipped to become one of the biggest digital currencies this year. 

Investors seem prepared for the inevitable rally in Cardano as there has been a massive adoption of cryptocurrency in recent times. 

As reported, addresses held between 100,000 and 1 million Cardano accumulated a whopping 16 million ADA in 24 hours. 

 

Hillary Clinton Says Crypto Needs More Regulations to Ensure Russia Don’t Circumvent Sanctions

Mark Brennan
-
0
Hillary Clinton Says Crypto Needs More Regulations to Ensure Russia Don’t Circumvent Sanctions

Former Secretary of State Hillary Clinton talks about the need for further rules and regulations on cryptocurrencies to ensure they are not used as an “escape route” by Russian to dodge sanctions.



In an interview with MSNBC, Hillary Clinton, former first lady and US senator, said that cryptocurrencies must not help Russia circumvent sanctions.

Several territories, including the US and Europe, respond to Russia with sanctions to weaken their economy while troops invade its neighboring country, Ukraine. But there are concerns that Russia might take the help of Crypto to help their fast-falling Ruble and economy.

On the other hand, Ukraine requested Binance and other exchanges to block accounts of Russian citizens, but the exchanges denied such a request. Not everyone is happy with this approach. One such person is former US First Lady Hillary Clinton.

In an interview with MSNBCcHillary expressed disappointment with such companies.

“I was disappointed to see that some of the so-called cryptocurrency exchanges, not all, but some of them, are refusing to terminate ties with Russia due to some, I don’t know, libertarian philosophy or whatever.”

Following this, the former US senator states that everyone needs to do as much as possible to isolate Russia’s economic activities at the moment.

“I think regulators are thinking seriously to figure out and provide guards with any kind of large financial market like crypto has become to help Russia, I think in the specific case of Ukraine, the US treasury department and the Europeans are looking how they can prevent crypto markets from giving an escape path to Russia, both Governmental and private transactions in and out of Russia.”

With Russia’s local currency Ruble seeing a 35% devaluation in the last seven days against the dollar, the Russian ruble no longer appears to offer any stability to its government and its citizens due to international sanctions.

That said, Hillary Clinton believes that Bitcoin can be used to evade such sanctions and serve as a capital buffer as BTC is a global currency, which has no controlling body.

Furthermore, the recent devaluation of the Russian ruble has caused even Bitcoin to surpass it in market capitalization as it demonstrates the power of the world’s largest cryptocurrency.

Two ETH Whales Accumulates Whopping 885.27 Billion Shiba Inu Tokens Within 24 Hours

Zabi
-
0
Two ETH Whales Accumulates Whopping 885.27 Billion Shiba Inu Tokens Within 24 Hours

Two Ethereum Whales Accumulates Whopping 885.27 Billion Shiba Inu (SHIB) Tokens Worth $23.53 Million within Last 24 Hours.



The 5th biggest whale of Ethereum “Gimli” ‘Holding 1 Trillion Shib Accumulates Another 442 Billion Shiba Inu Tokens.

According to the recent data provided by WhaleStats, one of the biggest whales of Ethereum (ETH), “Gimli” has purchased 442,637,867,858 (442.6B) SHIB tokens, valued at ,561,701 (11.5M) in just one transaction.

Looking deep into the “Gimli” wallet, we found that Shiba Inu (SHIB) is her 9th biggest token position by dollar value, and at the time of writing, her current SHIB holding equals 1 Trillion SHIB tokens worth $38,184,560 ($38.1M). Her average price of accumulation per SHIB token appears to be $0.0000264.

The second whale also accumulated a massive SHIB in the last 24 hours. The other whale is reported to be a new whale by WhaleStats and has got almost the same number of SHIB tokens as of “Gimli,” i.e., 442,637,867,858 (442.6B) tokens, valued at $11,969,061 ($11.9M).

So far, the Whales accumulated a total of 885,275,735,716 (885B) SHIB tokens worth $23,530,762 ($23.5M) during the last 24 hours.

At the time of writing, the Shiba Inu token is trading at the price of $0.0000256, down -4.14% for the day. The 24-hours trading volume for the token is also seen tanking over 40.85% compared to the previous trading day and currently stands at $1,210,976,803.

Shiba Inu Community Looking Forward To Help And Donate SHIB Tokens To Ukraine

Zabi
-
0
Shiba Inu Community Looking Forward To Help And Donate SHIB Tokens To Ukraine

The Shiba Inu (SHIB) Community wants to help and donate their SHIB tokens to Ukraine as the conflict in Ukraine escalates and many innocent lives are being impacted across the region.



MILKSHAKE, an official member of the Shiba Inu portal, tagged a Vice Prime Minister of Ukraine in a tweet and said that the SHIB Community wants to help Ukraine in these difficult times. So if he’s interested in accepting crypto donations with SHIB, the Shib community is ready to help and collaborate with Ukraine under challenging times.

The tweet is written in the Ukrainian language (translated).

“@FedorovMykhailo Current events in Ukraine have touched many hearts of the $SHIB community. Sincerely, I am addressing you directly because many people want to help and donate when you start accepting crypto-donations.”

Gossip Shib said she is not neutral and stands with Ukraine:

Shib Knight says the Shibarmy stand with Ukraine.

David asks Ukraine to accept Shib.

Shib princess says Shib is an amazing way to help Ukraine:

 

The proposals started to come after the Vice President of Ukraine tweeted the Dogecoin (DOGE) wallet address, saying that Dogecoin is more valuable than the Russian ruble that’s why Ukraine decided to accept donations in Doge to support the Ukrainian army and save lives.

The Ukrainian government is now accepting donations in the form of crypto. The cryptocurrencies that can be used for donation purposes include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Polkadot (DOT).

Maybe Shiba Inu (SHIB) token will be the next following this proposal. However, no response from the vice Prime Minister of Ukraine has been received yet.

Readers should note that Shiba Inu (SHIB) token had already created history when it was first donated to Indian Covid Relief Fund by Vitalik Buterin, the co-founder of Ethereum.

At the time of creation, the Shib team gifted 50% of the SHIB supply to Vitalik Buterin. Later, he had burnt 90% of SHIB supply by sending the tokens to the dead wallet and donated the rest of 50 trillion SHIB tokens (worth around $1.2 billion at that time) to an India COVID-19 relief fund set up by Polygon founder Sandeep Nailwal.

deVere Group CEO, Nigel Green: “Russia Ukraine Crisis Can Help Bitcoin Cross $50K By The End Of March”

Mark Brennan
-
0
deVere Group CEO, Nigel Green: “Russia Ukraine Crisis Can Help Bitcoin Cross $50K By The End Of March”

The CEO of the consulting company deVere Group, Nigel Green, predicts that by the end of the month, the BTC rate could reach $50,000.



The Russian-Ukrainian conflict will become the catalyst for Bitcoin reaching $50K. Last week, the price of bitcoin fell to $34,300, but over the past week, it has recovered by about 16%, and now bitcoin is trading above $44,000 per coin.

Nigel Green noted that the military conflict between Russia and Ukraine had caused significant financial turmoil, so individuals, businesses, and even government agencies worldwide are looking for alternatives to traditional assets.

“The Ukraine-Russia situation has caused significant financial upheaval and individuals, businesses and indeed government agencies – not just in the region but globally – are looking for alternatives to traditional systems,” 

Bitcoin is becoming more and more attractive for investment. Both bitcoin futures ETFs and crypto-pegged exchange-traded funds can benefit from this.

“As it currently stands, I can see no reason why this price momentum should falter.  I think we can expect to see Bitcoin hit $50,000 by the end of this month; It’s still too early to say whether it will then go on to reach the all-time highs of $68,000 from November 2021.”

People fear that many banks will close, ATMs will run out of money, and the SWIFT international payment system is already “turning into a weapon.” Green considers this a strong argument in favor of Bitcoin – a viable, decentralized, and tamper-proof network. More institutional investors are becoming participants in the cryptocurrency market, confidence in bitcoin is growing, as are trading volumes, and the volatility of the first cryptocurrency is gradually decreasing – all this is good news for investors, Green concluded.

“As banks close, ATMs run out of money, threats of personal savings being taken to pay for the war, and the major international payments system SWIFT is weaponized, amongst other factors, the case for a viable, decentralized, borderless, tamper-proof, unconfiscatable monetary system has been laid bare.”

Last year, the founder of deVere suggested that Ethereum could swap places with Bitcoin in the next five years, overtaking it in market capitalization. The main prerequisite for this will be the network’s transition to the Proof-of-Stake (PoS) algorithm.

This New Token Has The Ability To Burn 1.47 Trillion Shiba Inu Per Month

Zabi
-
0
This New Token Has The Ability To Burn 1.47 Trillion Shiba Inu Per Month

This New Token Has The Ability To Burn Billions Of Shiba Inu Per Day and a trillion in a month.



ShibaBurn, a new token, has taken out over 111 Million Shiba Inu tokens from circulation in February.

ShibaBurn, a new hyper deflationary token launched on the BSC Network, comes up with the vision to decimate the supply of Shiba Inu tokens. The token has the potential to burn 10 billion SHIB tokens per day.

In February, the ShibaBurn token sent 111 Million Shiba Inu tokens to dead wallets with their burn mechanism, i.e., the team behind the token collected money from the 10% BuyBack tax wallet with which they manually purchased Shiba Inu tokens and sent it to the dead wallet.

So far, the ShibaBurn token has been able to burn 323,703,699 (323M) SHIB tokens, according to their official website.

The pseudonymous $Shib Knight (@army_shiba) and Duncan Gray (@DuncanGray) are the official burn ambassadors of the token. However, like most of the other meme coins, the token’s creator is anonymous.

According to one of the tweets posted by ShibaBurn’s official Twitter handle, if the ShibaBurn token ever reaches $15 million daily trading volume, this would help burn a whopping 1,476,154,428,450 (1.47 Trillion) Shiba Inu tokens, i.e., around $40 million worth of shib coins every month.

On February 22, Shib Knight, one of the pseudonymous official burn ambassadors of the token, reported via tweet that he had sent 44,444,444 (44M) SHIB tokens to a dead wallet with the sponsorship of the ShibaBurn token. He said in a tweet that the higher token volume would help burn more SHIB.

On February 26, Duncan Gray, another official burn ambassador of the ShibaBurn token, reported burning 11,111,111 (11M) SHIB tokens. He also invited the SHIBArmy via tweet to join the ShibaBurn’s vision of burning billions of SHIB each day.

Readers should note that the ShibaBurn token is not the official partner of the Shiba Inu (SHIB) token, nor does it have any direct relation with its ecosystem but the only token which comes with the mission to decrease the supply of Shiba Inu token significantly and helps the SHIB price to reach the moon.

‘Rich Dad Poor Dad’ Author Robert Kiyosaki Slams Biden, Says Bitcoin Defies Putin As BTC Stand Up To Tyrants

Mark Brennan
-
0
‘Rich Dad Poor Dad’ Author Robert Kiyosaki Slams Biden, Says Bitcoin Defies Putin As BTC Stand Up To Tyrants

Robert Kiyosaki Slams Biden As He Says Bitcoin Defies Putin.



Author of Rich Dad Poor Dad, Robert Kiyosaki, has taken a swipe at the Russian and American presidents Vladimir Putin and Joe Biden in the wake of the ongoing invasion in Ukraine, citing the importance of Bitcoin in swinging the war in Ukraine’s favor. 

In a series of tweets yesterday, Kiyosaki, a strong proponent of digital currencies, especially Bitcoin, said that Bitcoin serves as a major roadblock to “tyrannical governments” as it is difficult for any government to take your money due to how highly decentralized the digital currency is.

“BITCOIN defies Putin. Let’s go Bitcoin. Let’s go crypto. Stand up to tyrants. Stand up to tyranny. Fight back. Don’t be a pussy like Biden.”

 

He lauded the Ukrainian president, Zelensky, for seeking financial support in the mode of digital currencies like bitcoin to help combat Russia’s ongoing aggression on its territory.

According to him, the Russian president cannot handle the fact that Ukraine is asking for donations in Bitcoin as he believes that Zelensky has shown how smart he is by sanctioning this move.

Kiyosaki also chided Trudeau for banning Bitcoin while warning that “weak” Biden might do the same as he opines that this move will plunge America into confusion.

Much of these criticisms by Kiyosaki were mainly targeted at Biden and Putin for their purported roles in the Russia-Ukraine crisis as he accused Biden of being a coward and a friend to Putin. 

Bitcoin has a significant role in the world economy, and he believes “Putin is in trouble” for failing to realize that. 

The renowned author, who is also a vocal enthusiast of cryptocurrencies, also stated that the only way to protect yourself in the face of crisis caused by central banks is to buy gold, silver, and Bitcoins while claiming that these precious metals are “god’s money. “

Although he’s made predictions about the economic crisis, he did not fail to recommend the purchase of the digital asset. He encouraged investors to continue accumulating more Bitcoins even when the prices of the currencies fall, stating that he “bought at $6k and $9k, respectively, and will buy more if and when BTC tests $20k”.

Roberts also said that FED & Biden are pushing “fake inflation” and advised people to be smart and buy more gold, silver, and Bitcoins to curb the situation.

Bitcoin, a digital currency, is decentralized by nature. Amid the conflict between Russia and Ukraine, the invaded country asked for bitcoin donations. So many people supported the cause a single address sent 3 million dollars in bitcoin. The donations are demonstrations of support for Ukraine, and it was a historic event for the cryptocurrency world.

Empower Oversight Receives Vital Documents That Could Determine the Outcome of SEC v. Ripple Lawsuit 

Albert Brown
-
0
Empower Oversight Receives Vital Documents That Could Determine the Outcome of SEC v. Ripple Lawsuit 

Empower Oversight has announced that it has obtained the first document containing information between two former Securities and Exchange Commission (SEC) officials, William Hinman and Marc Berger, and Simpson Thacher, following its investigation of a possible conflict of interest in the SEC v. Ripple lawsuit.  



The document was handed to the non-profit organization following litigation under the Freedom of Information Act (FOIA) last year.  

Possible Conflict of Interest in Ripple Lawsuit

At the time of the request, Empower Oversight stated that it wanted to analyze potential conflicts of interest by the agency in relation to cryptocurrency law enforcement, especially in the SEC v. Ripple lawsuit. 

It is worth noting that the two former senior SEC officials Hinman and Berger left the security agency and joined Simpson Thacher & Barlett, an affiliate of Enterprise Ethereum Alliance. 

For clarity, Enterprise Ethereum Alliance is a group of companies focused on marketing the world’s second-largest cryptocurrency as an enterprise solution. 

Aside from Hinman and Berger, Jay Clayton is another former top SEC official under suspicion in the lawsuit between the securities regulators and Ripple. 

Following the suspicion of these officials, Empower Oversight on February 18, 2022, specifically listed the names of top SEC officials associated with the companies named in the FOIA request in order to enable the agency to gather relevant information to aid the investigation. 

Details of the Received Documents

According to Empower Oversight, the received documents contain 1,053 pages of emails from an email address linked to Hinman, as well as a 46-page document of messages involving Berger. 

Empower Oversight noted that the vast majority of the information may not have been included in the report due to formatting issues that resulted in blank and duplicated information. 

Commenting on the recent development, Jason Foster, Empower Oversight founder and president, said the production of the first document seems to be a step in the right direction, adding: 

“[The SEC] must keep its commitment to conduct additional searches in order to fulfill its legal obligation to transparency. Empower Oversight will not relent in its commitment to enforcing accountability through the public’s right to know.” 

Empower Oversight is a non-profit organization that is dedicated to enhancing independent oversight of government and corporate entities’ wrongdoings. The organization also gathers relevant information and reports corruption to the appropriate authorities, while holding public officials accountable to carry out their functions. 

Ethereum v Ripple Competition 

Recall that both Ripple and Ethereum (ETH) were in a neck-to-neck battle over which cryptocurrency would occupy the second spot in the global cryptocurrency rankings. 

However, following comments made by Hinman in 2018, Ethereum usurped Ripple to become the second-largest cryptocurrency.  

Things became worse for Ripple after Clayton, during his last day in office, charged Ripple and its executive with conducting an unregistered security offering in the United States. 

The case is speculated to be close to reaching a much anticipated end, with a settlement expected to be reached between April and May 2022. 

Ukraine Now Accept Donations in Dogecoin

Mark Brennan
-
0
Ukraine Now Accept Donations in Dogecoin

Ukraine is now accepting Dogecoin for donations.



The Ministry of Digital Development of Ukraine has added an official Dogecoin wallet to collect donations supporting the Armed Forces of Ukraine, Head of the Department Mikhail Fedorov said.

“@dogecoin exceeded Russian ruble in value. We start to accept donations in meme coins. Now even memes can support our army and save lives from Russian invaders. $DOGE owners of the world, @elonmusk @BillyM2k, let’s do it. Official $DOGE wallet: DS76K9uJJzQjCFvAbpPGtFerp1qkJoeLwL.”

The ministry says that as Dogecoin exceeds the Russian currency Ruble in market value, they now accept doge as Donations.

Earlier, Ukraine expanded its opportunities for fundraising in cryptocurrencies by opening the official Polkadot (DOT) wallet. The founder of the blockchain project, Gavin Wood, transferred 298,367 DOT worth $5.77 million to it.

According to Decrypt, Ukraine has received a total of $20 million in Bitcoin and Ethereum combined since the country began taking donations last week.

Recall that Mikhail Fedorov called on “all major crypto exchanges” to freeze the accounts of users from the Russian Federation and Belarus.

Recently Bitcoin flipped the Russian Ruble in market capitalization amid the ongoing war between Russia and Ukraine.

Coinmarketcap data comparing Bitcoin against large fiat currencies showed that the asset class moved two steps upwards in the latest ranking to usurp the Rubble and Thai Baht.

The market capitalization stated in BTC saw the largest cryptocurrency have a massive 18,990,072 Bitcoin ($779.66 billion) while the Russian Ruble has a market cap of 16,462,964 BTC ($675.90 billion).

1...2,4462,4472,448...2,630Page 2,447 of 2,630