Day: October 6, 2021

Shiba Inu Surpasses Litecoin, Chainlink and Bitcoin Cash by Market Capitalization

Shiba Inu (SHIB), a cryptocurrency inspired by the breed of hunting dog from Japan, has now entered into the top 15 biggest cryptocurrencies by market capitalization. The cryptocurrency, which was created by фт anonymous developer named Ryoshi in late 2020, has now trumped Litecoin, Chainlink and Bitcoin Cash, according to data provided by CoinMarketCap. Image

Looking to Work for a New DAO? There’s a Discord Bot for That

The cool kids in crypto say that DAOs DAOs will replace companies as the way we work. In fact, lots of people in crypto are already looking to DAOs to earn all or some of their income. So how do you find one to work for and invest in? Well, there’s a DAO for that—or

DOJ to Create Crypto Enforcement Group to Fight Cybercrime, Money Laundering

The U.S. Department of Justice today announced a new cryptocurrency enforcement team that will tackle financial crime. U.S. Deputy Attorney General Lisa Monaco made the announcement at today’s Aspen Cyber Summit. She said the group would “strengthen” the DOJ’s capacity to disable financial markets that allow cybercriminals to “flourish.” She added that the DOJ would

Dog Coin Shiba Inu Meets Resistance After 200% Rally

Shiba Inu has posted a major rally over the last week. Now, SHIB appears to have reached a massive supply barrier that may slow down its uptrend. Shiba Inu Primed to Retrace Shiba Inu’s price has exploded in the last few days, but the dog coin is facing an uphill battle. The so-called “Dogecoin killer”

BTC, DOGE, and SHIBA Price Analysis for October 6

Bulls remain in control in the cryptocurrency market. However, not all major coins are in the green. Top coins by CoinMarketCap BTC/USD Buyers remained active yesterday, and the Bitcoin (BTC) price continued to rise. During the day, the pair broke through the psychological level of $50,000, and a new bullish impulse pushed the BTC price

Massive Buyers on CME Might Be Front-Running Bitcoin ETF Approval, Analysts Suggest

Dylan LeClair, co-founder of cryptocurrency consulting firm 21st Paradigm, has suggested that CME Group’s futures traders might be front-running an incoming approval of a Bitcoin exchange-traded fund in the U.S. CME futures basis widening meaningfully. Good chance that players in the know are front running a $BTC futures ETF announcement. https://t.co/Jnf3SfkgsH — 🟠Dylan LeClair🟠 (@DylanLeClair_)

Cool Cats, CrypToadz Ethereum NFTs Notch First $1 Million Sales

NFT market activity is ticking up again this week, with leading marketplace OpenSea logging its three highest days of trading volume since early September. Amidst increasing sales week, two rising profile picture collections—Cool Cats and CrypToadz —each hit a major milestone. Both collections marked their first respective secondary market NFT sale above $1 million worth

BIS Says Stablecoins Need Traditional Payments Rules

A new report from the Bank for International Settlements suggests that stablecoins should be subject to the same rules as traditional payment systems. IOSCO-BIS Prescribe Stablecoin Rules A new report from the Bank for International Settlements argues that stablecoins should be put under the purview of existing global payment standards. The report titled “Principles for

Bitcoin Tops $55,000 for the First Time in Five Months

Bitcoin briefly surpassed $55,000 for the first time since mid-May today. On-chain data shows that BTC can post further gains if it holds above a crucial support level. Bitcoin Turns Bullish Bitcoin looks unstoppable. BTC’s price has increased by nearly 8% in the last three hours. The leading cryptocurrency jumped to an almost five-month high

a16z Backs Indian Crypto Exchange in $260M Funding Round

Indian crypto exchange Coinswitch Kuber has raised more than $260 million in its latest funding round, with contributions from Andreessen Horowitz (a16z) and Coinbase Ventures. Coinswitch Kuber Secures Funding While crypto regulation in India seems uncertain, big investors see potential. Coinswitch Kuber, a Bangalore-based crypto exchange, has become India’s largest crypto unicorn, securing over $260

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