Crypto News Archive - Seite 896 von 1900 - Finanzmittel Info + Krypto + Geld + Gold

10. November 2023

Ether surpasses $2,100 as Shiba Memu’s presale approaches $4.5M

Key takeaways

Ether has crossed the $2,100 level for the first time in months as the crypto market continues to rally.
Shiba Memu’s presale is now closing in on the $4.5 million mark.

The cryptocurrency market has been on a bullish run over the past few days, with the prices of most coins up by over 5%. Ether is one of the best performers in the market and is now trading above the $2,100 level.

Shiba Memu continues to set new milestones for its presale and will soon reach the $4.5 million mark

Ether hits the $2k mark

Ether, the second-largest cryptocurrency by market cap, is trading above the $2,100 level for the first time in months. The rally comes as the broader cryptocurrency market recorded excellent gains over the last few days.

The positive performance also comes after the BlackRock iShares Ethereum Trust was registered in Delaware earlier this week. Investors are optimistic that the world’s biggest asset management firm will file for a spot Ether ETF soon.

What is Shiba Memu?

Shiba Memu is a Web3 project that continues to attract investors within the cryptocurrency space and beyond. The project is combining the powers of blockchain technology and artificial intelligence to make it easier for individuals and entities to carry out market campaigns.

According to the development team, Shiba Memu will have a wide range of use cases for marketers within the crypto space and beyond. Shiba Memu will handle various activities, including content creation, marketing, social media advertisement, and creative advertisement.

Shiba Memu will leverage AI to identify the best creative adverts and improve on them to provide superior content marketing services to users.

The project is launching as a meme token as it seeks to take advantage of the recent surge in the popularity of meme coins. Over the last two years, meme coins saw their market caps grow from practically $0 to $35 billion in 2023.

Shiba Memu differs from thousands of meme coins in the market because it offers users real-world use cases. It would allow users to create marketing strategies, roll out PR schedules, and promote campaigns on relevant forums and social media platforms. At the moment, the project is available on the Ethereum and BNBChain blockchains.

Shiba Memu’s presale closes in on the $4.5 milestone

The crypto market has been on a rally over the last few weeks, with most coins trading in the green zone.

Shiba Memu has continued its excellent presale performance, and the team has now raised roughly $4.5 million.

The team would use the funds to develop its various products and services. The Shiba Memu team has revealed that most of the funds would be used to develop its AI technology.

Its platform will also have a robotastic dashboard, allowing users to interact with the AI, provide feedback, make suggestions, ask questions, and more.

Click here to find out more about Shiba Memu’s presale event.

Shiba Memu price prediction

Although altcoins have been rallying over the last few weeks, it is hard to accurately predict Shiba Memu’s price in the near term since the project is still in its presale stage. However, at the moment, 1 SHMU = 0.039925 USDT USDT. The token’s price increases every day at 6 pm GMT and is set to trade at 0.040150 USDT per token in a few hours.

During the first presale stage, SHMU was trading at $0.011125, and it has seen a remarkable increase in price since then. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD

Should you buy Shiba Memu today?

The cryptocurrency market is having an excellent end to the year and investors might be looking at fresh projects to invest their funds in. Shiba Memu has the potential to become one of the top meme projects in the world, thanks to its utility in the market industry. Leveraging AI and blockchain technologies could see Shiba Memu gain massive adoption in the marketing world.

At the moment, Shiba Memu’s SHMU is going for a discount price as the project is still in its presale stage. The token could experience a massive surge in price once it lists on cryptocurrency exchanges and gains adoption.

The post Ether surpasses $2,100 as Shiba Memu’s presale approaches $4.5M appeared first on CoinJournal.

10. November 2023

JPMorgan enhances JPM Coin with a programmable payments feature

JPMorgan introduces programmable payments for JPM Coin users.
Clients can now automate payments based on preset conditions.
The move aims to enhance flexibility and responsiveness in transactions.

In a strategic move to adapt to the evolving landscape of 24×7 crypto payments infrastructure, JPMorgan has introduced a new feature for users of its blockchain-based settlement token, JPM Coin.

Clients can now leverage programmable payments, allowing them to automate transactions based on preset conditions rather than relying on standing orders for payments to occur at predetermined times.

Adapting to crypto market dynamics

Traditionally, JPMorgan clients had to set standing orders for payments to take place at specific times, limiting their ability to respond dynamically to market events. With the introduction of programmable payments, users can now program their accounts to initiate payments when relevant criteria are met. This includes scenarios such as covering overdue payments or addressing margin calls.

In an email announcement, the bank stated that the “new feature helps clients to respond dynamically to events, which is ever more important as 24×7 payment infrastructure proliferates, and responding to volatility becomes vital.”

The JPM Coin milestone for JPMorgan

JPM Coin, introduced in 2020 to facilitate institutional clients in making wholesale payments on a blockchain, recently achieved a milestone by handling $1 billion in transactions daily. However, this amount represents only a fraction of the $10 trillion that JPMorgan moves on a daily basis.

The addition of programmable payments to JPM Coin aligns with the broader industry trend of incorporating blockchain technology and increasing automation to enhance efficiency and responsiveness in financial transactions.

As the financial giant continues to explore innovative solutions, the move reflects a commitment to staying at the forefront of technological advancements in the financial sector.

The post JPMorgan enhances JPM Coin with a programmable payments feature appeared first on CoinJournal.

10. November 2023

UBS joins HSBC in offering crypto futures ETFs to wealthy clients in Hong Kong

UBS joins the crypto trend in Hong Kong, following HSBC’s lead.
HSBC currently offers Bitcoin and Ethereum ETFs in Hong Kong.
Hong Kong regulators are considering retail access to crypto ETFs, highlighting growing interest from traditional financial players.

Swiss multinational investment bank UBS Group is set to enable select high-net-worth clients in Hong Kong to trade crypto-linked exchange-traded funds (ETFs).

The move is aimed at keeping pace with its competitor, HSBC, which has already incorporated three crypto-related futures ETFs on its investment platform in the city. The authorized ETFs, including Samsung Bitcoin Futures Active, CSOP Bitcoin Futures, and CSOP Ether Futures, have received the green light from Hong Kong’s Securities and Futures Commission.

UBS following in HSBC’s footsteps

The largest bank in Hong Kong, HSBC, has long been a participant in the crypto market. It recently announced that it would start offering Bitcoin and Ethereum ETFs in Hong Kong.

The strategic move by UBS underscores the growing importance of cryptocurrencies in the financial sector and reflects the increasing demand from high-net-worth individuals for exposure to digital assets.

Crypto regulation framework in Hong Kong

Hong Kong’s crypto regulatory landscape is evolving to accommodate the rising interest in cryptocurrencies. The Securities and Futures Commission (SFC) is reportedly contemplating granting retail access to spot ETFs directly investing in cryptocurrency.

Julia Leung, the CEO of the SFC, highlighted the regulator’s openness to proposals utilizing innovative technology to enhance efficiency and customer experience. Recent updates from the SFC include broader investor engagement in crypto ETFs, with a knowledge test requirement for virtual assets for most clients, while exempting institutional investors and qualified corporate professional investors.

In June, Hong Kong officially implemented its crypto licensing regime for virtual asset trading platforms. This regulatory step paved the way for licensed exchanges like HashKey and OSL to offer retail trading services.

The inclusion of major financial institutions like UBS and HSBC in Hong Kong’s crypto market reflects a broader trend of traditional financial players acknowledging and participating in the digital asset space.

The post UBS joins HSBC in offering crypto futures ETFs to wealthy clients in Hong Kong appeared first on CoinJournal.

10. November 2023

Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

The cryptocurrency market is rife with anticipation and excitement as the community gears up for the next Bitcoin (BTC) halving event.

While the flagship cryptocurrency continues to set the tone for the market, other tokens like Shiba Inu (SHIB) and Everlodge (ELDG) are poised to join the party.

This article will explore the factors driving Bitcoin towards a potential $50,000 milestone before its halving and how this upward momentum could positively impact SHIB and ELDG.

Bitcoin (BTC) preparing for a remarkable surge

Bitcoin (BTC) is no stranger to price surges. Recently, prominent crypto analyst Michaël van de Poppe has sparked anticipation by suggesting that Bitcoin could surge to $50,000 before its next halving event.

This optimism is fueled by bullish indicators, including Bitcoin’s rising network activity. Notably, over 700,000 new addresses joined the Bitcoin network on November 4, as reported by crypto analyst Ali Martinez.

Not only that, the Bitcoin price even reached $35,902 on November 2 – a level not seen since May 2022. The next Bitcoin halving event, which will occur in April 2024, is historically associated with significant price surges, further contributing to the positive sentiment in the crypto space.

Shiba Inu (SHIB) riding its coattails

When Bitcoin experiences a significant price surge, it tends to trigger positive sentiment across the entire crypto market, including Shiba Inu (SHIB). The rise in Bitcoin’s price could propel Shiba Inu to higher levels as investors seek opportunities beyond the leading cryptocurrency.

In recent Shiba Inu news, the project revealed “The Shib Magazine.” This magazine will offer insights into finance and beyond, demonstrating the project’s commitment to expanding its presence and providing valuable content to its community.

Due to all these reasons, experts predict that the Shiba Inu coin price could experience significant growth. They foresee its value reaching $0.00001620 before the BTC halving event within Q2 of 2024.

Everlodge (ELDG): a hidden gem to watch

Everlodge (ELDG) will be a unique blockchain-based project to revolutionize the real estate market. With its innovative approach to property ownership and passive income generation, ELDG has the potential to attract a wide range of investors. As Bitcoin’s price soars, the increased interest in the market can lead to greater visibility for hidden gems like ELDG.

This upcoming property marketplace will digitize and mint real-world properties into NFTs, subsequently fractionalizing them to allow investors access to the global real estate market (valued at over $280T). As these properties appreciate, so do the NFTs associated with them, providing an opportunity for users to benefit from property value growth.

Furthermore, Everlodge’s Rewards Club offers an additional avenue for passive income. Members can earn free nightly stays across the platform’s properties, similar to timeshare arrangements, with the option to resell these stays, generating a continuous source of passive income.

But the Club will only be accessible to holders of ELDG native tokens. One ELDG token costs just $0.023 in Stage 6 of its presale. But, demand is high as millions of tokens have been sold already. Additionally, unlike Bitcoin and Shiba Inu – ELDG has a low market cap, meaning it will surge faster. Thus, experts predict a rise to $0.038 before its presale ends.

For more information about the Everlodge (ELDG) presale, you can visit their website here.

The post Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit? appeared first on CoinJournal.

9. November 2023

Kaspa (KAS) price soars to new all-time high amid spike in hashrate

Kaspa (KAS) price rose to $0.092917, a new all-time high.
Meanwhile, Bitcoin hit highs of $36,800 and Ethereum breached $2,000 amid BlackRock related sentiment.

Kaspa (KAS) price soared to a new all-time high on November 9 as the bullish momentum across the crypto market pushed most altcoins past key resistance areas.

As Bitcoin hit prices above $36,800 and Ethereum crossed the $2,000 mark, Kaspa’s native token skyrocketed from around $0.070986 to hit the all-time high of $0.092917.

Why is Kaspa price sharply up today?

The price of KAS has slipped after the ATH, currently trading around $0.086249 as profit taking across crypto follows the price spikes. However, KAS/USD is still 21% up in the past 24 hours, with the outlook for this proof-of-work cryptocurrency likely to strengthen to the upside.

This is because the proof-of-work (PoW) blockchain project tapped several positive catalysts in recent weeks. The latest is an integration with the OKX Wallet, which adds to other such collaborations with crypto platform Poloniex, Bybit and Coinone.

Also notable is the official listing of KAS on CoinMarketCap. Kaspa bulls have been quick to note the development, setting in motion speculation over whether major crypto exchange Binance is looking to add trading support for the token.

Such a move is likely to increase the buy pressure for KAS, as Kaspa’s fair launch means exchanges have to buy off the market to get the liquidity needed before listing.

Another signal of an upward trajectory is the network strength for this GHOSTDAG protocol.

According to on-chain data, the network’s hashrate jumped to a new all-time high of 54.96 PH/s. Kaspas Genesis Block launched on November 7, 2021, meaning the spike in hashrate comes as the blockchain platform celebrates two years of steady development.

The post Kaspa (KAS) price soars to new all-time high amid spike in hashrate appeared first on CoinJournal.