Shiba Inu (SHIB) has piqued the interest of cryptocurrency enthusiasts this week, with its price rising more than 60% as part of a broader cryptocurrency market rally. SHIB, the second largest meme coin by market capitalization, is currently trading at around $0.00002803 with a 24-hour volume of $5.69 billion. This meteoric rise has sparked a new wave of enthusiasm among retail and institutional investors as SHIB continues to prove more viable in the meme coin space. The coin’s rise has sparked interest in X (Twitter), where more than 41,300 posts mention SHIB in recent hours, keeping the speculation going. $SHIB…
Author: Crypto Flexs
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According to Wintermute’s governance forum, the Ethena Foundation has approved Wintermute’s proposal to share a portion of decentralized finance (DeFi) protocol revenues with token holders. On November 6, cryptocurrency market maker Wintermute proposed allocating a portion of Ethena’s fee revenue to stakers of Ethena’s native token, ENA (ENA). “The Ethena Foundation is pleased to share the news that a proposal to enable $ENA fee conversion has been approved by the Risk Committee,” the company said at its governance forum on November 15.“The Foundation will work with the Risk Committee to finalize the parameters for enabling fee conversion by November 30…
Ted Hisokawa November 15, 2024 11:20 BitMEX introduces SWELLUSDT and APUUSDT perpetual swap contracts, providing users with up to 50x leverage. Take a look at the trading opportunities currently available on the platform. BitMEX has expanded its trading services by introducing two new perpetual swap listings: SWELLUSDT and APUUSDT. According to BitMEX, starting November 15, 2024 at 04:00 UTC, traders on the platform will now be able to engage in long or short positions on these contracts, utilizing up to 50x leverage. new trading opportunities The addition of SWELLUSDT and APUUSDT to BitMEX’s repertoire…
The HKMA warns that misleading use of the word ‘bank’ by cryptocurrency companies not only deceives consumers but also violates Hong Kong’s banking ordinance. HighlightsThe Hong Kong Monetary Authority (HKMA) has warned two overseas cryptocurrency companies against misrepresenting themselves as licensed banks.Legal action could be taken against crypto companies that use the word “bank” in their names in violation of banking bylaws.Hong Kong’s cryptocurrency regulations, introduced in June 2023, aim to ensure consumer protection and promote industry trust. On November 15, 2024, the Hong Kong Monetary Authority (HKMA), the region’s de facto central bank, issued a stern warning to two…
ORBIS AI receives $10,000 grant from Solana, CoinDCX. A decentralized platform for working with AI models. The Solana ecosystem is experiencing rapid growth. The blockchain field and artificial intelligence (AI) are increasingly converging. Both technologies leverage each other’s unique capabilities. AI benefits from blockchain’s decentralization and transparency, and blockchain gains new use cases thanks to AI’s capabilities. Most recently, a company at the intersection of these technologies received significant initial support from the Solana Foundation. ORBIS AI aims to create a platform that empowers workers to enable AI development. ORBIS AI secures funding for decentralized AI platformSolana is increasingly competing…
Wang Long Chai November 15, 2024 12:34 Binance has launched a promotion for P2P users in Africa, offering up to 200 USDT as a reward for accurate BTC price predictions and completing P2P purchases. Binance has unveiled a new promotional campaign targeting both new and returning users of its African peer-to-peer (P2P) trading platform. According to Binance, the initiative, which will run from November 15 to December 12, 2024, will allow eligible participants to earn token vouchers worth up to 200 USDT by participating in specific activities.Participation detailsTo participate in the promotion, users must…
In a complex and highly competitive online trading environment where numerous platforms blend together with similar features and promises, MoneraCap.io has quickly stood out as a game changer. This platform doesn’t just provide standard tools and assets. We challenge the traditional boundaries of online trading with our innovative approach, powerful features, and diverse products. MoneraCap.io strives to set a new standard for what a trading platform can achieve by combining cutting-edge technology and user-centric design.After four weeks of intensive testing of all aspects of MoneraCap.io, this review provides a comprehensive analysis of the platform’s offerings. Let’s take a look at…
Terrill Dickey November 15, 2024 13:08 The Hong Kong Monetary Authority reported that credit card receivables decreased by 0.6% in the third quarter of 2024, while delinquency and rebooking rates increased to 0.40%. The Hong Kong Monetary Authority (HKMA) released the results of its credit card lending survey for the third quarter of 2024, showing a slight decline in total card receivables. According to the report, credit card receivables decreased by 0.6% during this period, reaching HK$150.3 billion by the end of September 2024. This follows a slight decline of 0.2% compared to the…
XRP (XRP) is up 17% in the last 24 hours, outperforming the rest of the cryptocurrency market as its rally cools. XRP rose as much as 24% from a low of $0.6833 on November 14 to hit a 16-month high of $0.8479, according to data from Cointelegraph Markets Pro and TradingView. In comparison, the overall cryptocurrency market capitalization fell, recording a daily loss of 2.8%, or $2.91, at the time of the announcement. During the same period, Bitcoin (BTC) fell 4%, and Ethereum (ETH) fell 6%. XRP/USD daily chart. source: TradingViewWhat are the factors behind XRP’s recent bullish momentum?Changes in…
A cryptocurrency analyst has updated his outlook for Bitcoin (BTC), saying the Ethereum (ETH)-based altcoin is poised for a surge. In a new strategy session, cryptocurrency trader Michaël van de Poppe told his 732,000 followers on social media platform . “CPOOL is doing a great job integrating and preparing for large-scale transformation. I think RWA (real assets) will be a big pillar of this market, and with that I assume we will see upward momentum after a test of $0.22-0.23.” Source: Michaël van de Poppe/X CPOOL is trading at $0.223 at the time of writing, down slightly over the last…