The Shiba Inu (SHIB) price dumped around 7% on Wednesday as meme coins took a beating in wake of a hawkish Fed policy announcement that dented sentiment across financial markets.
The post Shiba Inu Price Dumps 7% After Fed Announcement – Meme Coin Market Crash Incoming? appeared first on Cryptonews. …
Category: Cryptocurrencies
South Korea’s Deputy PM: ‘Government Not Negative on Crypto’
South Korea’s Deputy Prime Minister has claimed that the government is not negative on crypto-related matters.
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Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1?
The Dogecoin (DOGE) price took a beating on Wednesday, dumping one 9% as risk assets slumped across the board following a more hawkish than expected policy announcement from the US Federal Reserve.
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ENS Taps Linea Tech Stack to Launch its Layer 2 Network ‘Namechain’
Ethereum Name Service (ENS) will use Linea’s Type 2 zkEVM technology to launch its own Layer 2 network, dubbed “Namechain.”
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Bitwise Launches Solana Staking ETP in Europe as U.S. Awaits ETF Approval
Crypto index fund manager Bitwise has introduced a Solana staking exchange-traded product (ETP) in Europe under the ticker BSOL.
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South Korean Congressman Sentenced To Six Months in Prison for Concealing $7.5M in Crypto Holdings
Former South Korean Congressman Kim Nam-guk has been sentenced for concealing $7.5 million in cryptocurrency holdings, facing a six-month prison term for falsifying asset declarations to the National Assembly amid ongoing debates on crypto regulation.
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Bitcoin Price Nears $105K; Ohio Bitcoin Bill and ETF Demand Surge in Play
Bitcoin rebounds to $104,800 as Ohio proposes a Bitcoin reserve bill. Technical analysis points to resistance at $105,152, with institutional inflows driving optimism.
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Chainalysis Acquires Web3 Security Firm Hexagate
Analytics company Chainalysis has acquired Hexagate, a Web3 security company specializing in detecting and mitigating real-time threats on blockchain networks.
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Every Sixth German Would Like to Work in the Metaverse – Bitkom Survey
A recent Bitkom survey reveals growing interest in the metaverse among Germans, with 54% now familiar with the concept.
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Coinbase Criticized for Citing Justin Sun Risks in Wrapped Bitcoin Delisting
Coinbase, a prominent cryptocurrency exchange, has faced criticism following its decision to remove Wrapped Bitcoin (WBB) from its platform. The exchange cited unacceptable risks associated with Justin Sun, the founder of the Tron blockchain, as the reason for this action.
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