Shiba Inu (SHIB) price is showing bullish momentum, with a bullish pennant pattern forming on the 4-hour chart. The pattern suggests that SHIB could be preparing for a breakout, potentially pushing its price to $0.00002200. Additionally, a sharp increase in the burn rate, with over 20.5 million SHIB removed from circulation in 24 hours. It … Read more
The president of the United States, Donald Trump signed an executive order regarding the FCPA on Monday. He directed the Justice Department to temporarily suspend the prosecutions of Americans accused of bribing foreign government officials while trying to win or retain business in their countries. The law has been in place since 1977 and has … Read more
Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities. Gumi Unveils Bitcoin Purchase Plan and Babylon Staking as Part of Web3 Expansion Strategy Gumi, a Tokyo-listed mobile game studio, disclosed the decision following a board … Read more
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
The competition between Dogecoin (DOGE) and Tron (TRX) is getting more intense. Both cryptocurrencies are showing strong price movements, and market participants are paying close attention. Many want to know which one will perform better in 2025. DOGE is still the top meme coin, driven by community hype. At the same time, TRX is grabbing … Read more
Solana price falls below $200 as the network’s onchain activity drops, but investors’ anticipation of a spot SOL ETF could prompt a recovery.
In a recent statement reported by COINOTAG News on February 12th, former President Trump emphasized the urgent need for resolution in the ongoing conflict in Ukraine. He announced plans to dispatch Treasury Secretary Scott Bennett for discussions with President Zelensky, aiming to facilitate peace negotiations. Trump remarked that the continuation of this war is untenable … Read more
Kaspa (KAS) is showing signs of a strong recovery, reclaiming key support levels as investors regain confidence in the altcoin. Currently, the native token KAS trading at around $0.10577 as of February 11, 2025, is bouncing back from a recent dip near $0.07. Analysts project a bullish future for KAS and significant growth in the … Read more
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia … Read more
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”