Crypto Ethone

  Shiba Inu can now be traded against euro on Bitpanda Peter Thiel’s  Bitpanda  announced that it added a euro trading pair for the Shiba Inu cryptocurrency.  The pair was promised to become fully available for trading today, on Nov. 19. Initially, Bitpanda added support for the SHIB token in early October, which came before the cryptocurrency's eye-popping rally that took place last month. This week, Shiba Inu has also been integrated by keyless cryptocurrency wallet  ZenGo  and payment processor  CoinGate . Shiba Inu dominance reaches 21% among whale-tier holders According to Whalestats, despite  Shiba Inu's  poor market performance, large investors are still interested in purchasing some tokens for their portfolios.  The on-chain data shows that they have decided to increase their position in the meme-based tokens, making Shiba Inu gain additional dominance compared to previous periods.  As of yesterday, 21% of the biggest wall...

A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here’s why The trading volume of Shiba Inu recently surpassed that of bitcoin for at least three consecutive days on KuCoin, the world’s third-largest crypto exchange based on trading volume, according to Johnny Lyu, KuCoin’s CEO. On Oct. 28, SHIB’s volume was almost three times that of bitcoin. KuCoin primarily targets retail investors, Lyu said. As the world’s third most googled cryptocurrency, Shiba Inu notched a gain of more than 380% for the past 30 days and rallied more than 76,000,000% over the past 12 months. “Seeing bitcoin’s rise, some younger investors without a lot of money want to profit from crypto as well,” Lyu said. “But you’d need over $60,000 to buy one bitcoin. So they turn to Dogecoin and SHIB, where you buy tons using just $100.”  A bitcoin can be divided into 100 million satoshi, its smallest unit. “These investors are very passionate about such toke...

If you're a fan wanting to express your devotion to the hit Korean Netflix show Squid Game - well, there's a cryptocurrency for that. Squid, which was trading around 1 cent on Tuesday, reached  $2.34  (£1.70) on Friday - a more than twenty-fold jump. Its market capitalisation, or total volume in the market, is $184m (£133m). The dystopian series - which tells the story of a group of people forced to play deadly children's games for money - has become a viral sensation. Squid is what is known as a "play-to-earn" cryptocurrency , where people buy tokens to play in online games where they can earn more tokens. These can then be exchanged for other cryptocurrencies or fiat money. In the case of Squid, many buyers will be gamers looking to play in an  online game of the program , which begins in November. "The more people join, the larger reward pool will be (sic)," according to the  platform's whitepaper , which says developers will take 10% of the entr...

Havana (AP) -- Cuba's government said Thursday it will recognize — and regulate — cryptocurrencies for payments on the island. A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba. The popularity of such currencies has grown among a technologically savvy group in Cuba as it has become harder to use dollars, in part because of toughened embargo rules imposed under former President Donald Trump. The Central American nation of El Salvador recently announced it would recognize use of the cryptocurrency Bitcoin as a way to encourage remittances from its citizens living abroad. The currencies, which can wobbly wildly up and down in value, are usually independent of any central bank and use widely distributed blockchain computer codes to keep track of transfers. Because they can be used for long-distance transactions that are supposedly anonymous, they are often popu...

  Bloomberg Analyst Eric Balchunas believes that the SEC is likely to approve a Bitcoin futures ETF soon, and it could be launched as soon as October. What Happened:  In a series of tweets, Eric has said that the recent  Ethereum  (CRYPTO: ETH) exchange-traded funds (ETFs) withdrawals by VanEck and ProShares are a good sign for  Bitcoin  (CRYPTO: BTC) futures ETFs and it could be approved soon by the U.S. Securities and Exchange Commission (SEC). Eric was referring to a statement made by ETF analyst James Seyffart. In another  tweet , Eric has said, "We think Ether withdrawal shows SEC has a nose in this and is in regular contact with issuers which should mean any kinks ironed out so that they can launch 75 days after filing. Further, ProFunds' Bitcoin MF was launched 77 days after filing. These are virtually same thing." Eric says the most probable ETF that is likely to be launched is the one filed by ProShares. However, he adds ...

  A few nights ago, cryptocurrency entrepreneur Justin Sun announced on Twitter that he had paid half-a-million dollars for a picture of a rock with laser eyes. It wasn't even a good picture of a rock. It had little to no artistic merit, like most of the non-fungible tokens, or NFTs . Whether it's the original cryptokitties, or the penguins wearing hats, or the rocks, it is all crypto-community internet kitsch, a big inside joke that none of us are supposed to get except for the cool crypto kids. The geeks buy and sell these "assets," driving prices up to unsustainable heights, while the rest of us just shrug. We just don't get it, they say. I get it perfectly well. First, NFTs are an incredible innovation that might be even more important than the cryptocurrencies they are based on. NFTs establish property rights in the digital sphere where none had previously existed. U.S. copyright law provides for what is called the "first sale doctrine," where it...

  A new research has highlighted a total of eight apps masquerading as cryptocurrency mining apps and duping people of their money, on promises of returns through the mined cryptocurrencies . A total of eight apps have been removed from the Google Play Store that duped people under the pretext of being cryptocurrency mining apps.  Even though the apps have been banned by Google from its app store, those already possessing them on their phones will have to delete these apps manually. Apps named around cryptocurrencies, like Bitcoin, Bitcoin Miner, Bitcoin (BTC) and others, lured people into spending money on them through promises of big profits in return.  The apps disguised themselves as cryptocurrency mining apps that conducted cloud-mining operations, and some of them even found a listing on Play Store’s finance category. The apps asked users to invest money into their cloud-mining operations and, in return, promised some portion of the cryptocurrency mining.  Th...