Shiba Memu (SHMU) Defies Expectations as Fed Stirring Market Jitters

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The Federal Reserve has decided to keep interest rates unchanged. It also signaled that it expects one more rate hike before the end of the year. Shiba Memu defied expectations by raising more than $3.1 million. Stocks and cryptocurrencies came under significant pressure this week after the Federal Reserve indicated higher interest rates could be … Read more

ZRO Target Set at $2.60 as Stargate Approves LayerZero Acquisition

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TL;DR ZRO fell 7.5%, currently trading at $2.01. Despite Stargate DAO approving LayerZero’s acquisition proposal, the token has shown bearish performance. Stargate DAO Approves LayerZero Acquisition Proposal Crypto markets swung over the weekend, wiping out the large gains recorded on Friday by Sunday. Bitcoin briefly dipped toward the $1.1 million range, while Ether — after … Read more

Global Crypto Yields to Drop 16% This Year: What Investors Should Know

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Key Points Global interest in cryptocurrencies is down 16.6% this year compared with the 2021 average, according to Google data. Bitcoin’s price has fallen 52.70% this year, and the sector has seen layoffs and bankruptcy filings. Interest has dropped most in the Netherlands, with a 37% decline, followed by Ireland and New Zealand. The Central … Read more

Bithumb Says It’s Considering a Nasdaq Listing

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Bithumb is South Korea’s second-largest cryptocurrency exchange. The company held a shareholders’ meeting on September 30 and is exploring a potential listing on the Nasdaq. Bithumb, the second-largest cryptocurrency exchange in South Korea, is reportedly considering a U.S. stock market listing. Local news outlet dnews reported that Bithumb held an extraordinary shareholders’ meeting to discuss … Read more

Top Avalanche Ecosystem Tokens to Buy on November 19: AVAX, TIME, PNG

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Over the past 24 hours, AVAX’s value rose by 12%. Trading volume and market capitalization for Wonderland increased over the last 24 hours. Pangolin’s price climbed 8% in the past 24 hours. Avalanche (AVAX) is a layer-one blockchain that serves as a platform for decentralized applications (dApps) and customizable blockchain networks. Wonderland (TIME) is the … Read more

FTX Targets U.S. Crypto Derivatives Market

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The U.S. subsidiary of crypto exchange FTX has announced it is moving forward with an acquisition of the digital currency futures and options exchange LedgerX. FTX.US, the American arm of the Hong Kong–based derivatives exchange FTX, has acquired Ledger Holdings, the parent company of LedgerX — a well-established U.S. platform for trading digital-asset derivatives. FTX.US … Read more

Bitcoin Steady as Altcoins Rise: Fed Taper Sparks New Crypto Chapter

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Bitcoin holds steady around $116,000 while Ethereum, Dogecoin, Solana and XRP post strong recoveries. XRP and Dogecoin ETFs launch in the U.S., unlocking fresh retail investor demand. Fed rate cuts spark hopes for a crypto rally not seen since the 2021 bull run. The cryptocurrency market awoke to a changed monetary landscape after the U.S. … Read more

G20 Finance Chiefs Urge Regulation of Stablecoins Before Approval

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Regulatory attention on stablecoins comes as more governments move to launch their own central bank digital currencies Finance chiefs from the world’s 20 largest economies have called for clearer oversight of the stablecoin sector as part of a broader regulatory framework. The fourth G20 meeting of finance ministers and central bank governors was held in … Read more

OpenSea Receives Wells Notice from the U.S. Securities and Exchange Commission

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The U.S. Securities and Exchange Commission has issued a Wells notice to the largest NFT marketplace, OpenSea. OpenSea co‑founder Devin Finzer states the NFT platform will contest the SEC’s action in court. In an August 28 blog post, OpenSea said the SEC’s Wells notice signals that the regulator—already criticized for using enforcement to police the … Read more

Cardano Price Forecast: ADA Eyes $0.50 Despite Market Pullback

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Key Points ADA trades near $0.40 after losing 5.5% in the past 24 hours The altcoin could rise to $0.50 if bullish momentum returns ADA Could Dip Below $0.40 The cryptocurrency market is undergoing a pullback after a strong start to the week. Bitcoin has eased from recent highs below $92,000, while Ether is trading … Read more