The second-largest meme coin by market capitalization has seen notable market corrections over the past day following a broad downturn in the crypto markets. According to data from CoinMarketCap, and as of this report, Shiba Inu Coin price is trading at $0.00002148, with a dip of 2% during the US trading hours on Thursday. The…
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry. Investment firm Kerrisdale Capital is launching “a war against Bitcoin miners,” calling them an “industry of snake oil salesmen.” In response, mining firms have mostly declined to comment. Kerrisdale’s thesis coincides with its latest investment report, which claims Riot…
Lithium has had a great run in recent years due to increasing demand from primarily electric car and battery manufacturers. However, just recently I have noticed various reports suggesting that lithium supply is going to outstrip demand in the coming years due to the increased production largely coming from Chile and Australia. Yesterday, Morgan Stanley…
Rajib Kumar Mishra ceased to be chairman of PTC India Financial Services Ltd (PFS) as well as CMD of PTC India Ltd following the order passed by markets regulator Sebi that restrained him from holding the director’s post for six months, the two companies said on Thursday. PFS, promoted by PTC India Ltd, is a…
Public Sector Undertakings (PSU) Banks in India are financial institutions where the majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or the State Ministry of Finance of various State Governments of India. These banks play a crucial role in the financial sector and in…
Key Points RKEY Token Sales: Successfully raised $12,500 in the presale; two ongoing public sales aim to raise a total of $300,000. Token Distribution: Post-sale, 20% of tokens available immediately, with the rest released over six months. Investment Accessibility: RKEY tokenizes real estate, enabling fractional ownership and lower entry barriers. Investor Benefits: Offers passive income…
AMP is a special kind of digital collateral token that is intended to make value transfers quick and easy, particularly for use cases where security and irreversibility are top priorities. For any impending or future value transfer, Amp enables instantaneous, verifiable assurances so that any activities reliant on the transfer can happen right away. Will…
Phoenix, United States, June 13th, 2024, Chainwire Devour, the leading web3-powered food ordering platform, announced today that it’s simplifying crypto payments for millions of users with the integration of Coinbase Commerce into its DevourGO checkout. This innovative move allows crypto enthusiasts to seamlessly pay for their favorite meals using their existing Coinbase.com or Wallet accounts,…
Interest Rate Cuts in Ukraine and Serbia June 13, 2024 The National Bank of Ukraine policy interest rate was lowered to 13.0% from 13.5%. In the early months after Russia first invaded Ukraine in February 2022, the interest rate had been catapulted from 10% to 25% and then kept at that level from June 2022…
June S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. My long-standing 5400 target has been reached but may well prove too conservative. The 6000 level seems a better bet by the end of the year. QQQ: Support is 455. Next resistance is 481. TNX (ten year note…