The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26%, respectively, on Wednesday, following the announcement of the pair’s listing on Coinbase Pro. Inbound transfers for Shiba Inu and Chiliz were announced alongside Keep Network (KEEP) by Coinbase Pro on Tuesday. Trading is set to begin on Thursday, assuming liquidity conditions are met. The trading pairs will launch in three phases: post-only, limit-only and full trading. Shiba Inu burst onto the scene in late April, seemingly as a bi-product of the attention brought on meme cryptocurrency Dogecoin (DOGE) by Tesla CEO Elon Musk. The token’s imagery …

Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a host of altcoins. That’s according to the results of a Q2 retail investment survey conducted by crypto firm Voyager Digital, which polled 3,671 high-frequency traders on the Voyager platform. The survey’s findings revealed that 81% of respondents are more confident in the future of cryptocurrency, even after the violent price crash in April and May, which saw Bitcoin and others lose more than 50% of their value. Many …

Elon Musk’s ability to move cryptocurrency markets with his tweets represents a danger to the average investor, said CoinSwap founder Erik Nurm, but the furor created around the Tesla CEO’s social media activity could draw more eyes to crypto in the long run. Nurm pointed out that Musk’s tendency to tweet about Bitcoin (BTC), Dogecoin (DOGE) and other cryptocurrencies began shortly after the Tesla chief was banned from tweeting about his own company by the United States Securities and Exchange Commission. “Elon has been manipulating the market by creating FUD around Bitcoin. He is playing the same game he did …

Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week. The first bit of bullish news that impacted the price of Bitcoin was a tweet from Tesla CEO Elon Musk who said the carmaker wil accept Bitcoin payments if more than 50% clean energy is used by Bitcoin miners with a “positive future trend.” Another piece of news that may have boosted the recovery in Bitcoin was Paul Tudor Jones' suggestion that 5% of every investment portfolio have exposure to Bitcoin, which is equal to that of gold, cash …

Dogecoin has seen significant attention in 2021 in tandem with its dramatic price rise. Capitalizing on this rise in attention, someone sold a non-fungible token (NFT) of the picture on which the Dogecoin (DOGE) cryptocurrency was based. “The original image that started it all,” read the description of the NFT, sold on very.auction. “This photo of the Shiba Inu ‘Kabosu’ was taken by her owner Atsuko Sato on February 13th, 2010,” the description explains, adding: “After sharing it to her personal blog alongside the series of other famous images under the title ‘Taking a walk with Kabosu-chan,’ these photos went …

Bitcoin’s (BTC) failure to rise above the critical $40,000 to $42,000 resistance zone is keeping crypto traders on tenterhooks. Some analysts view the sharp rebound from $31,000 level as a sign of accumulation at lower levels while others believe the failure to cross above the overhead resistance indicates that Bitcoin is still not out of the woods yet. JPMorgan’s cryptocurrency market analysts, led by global market strategist Nikolaos Panigirtzoglou, pointed out that after the recent fall, the Bitcoin futures market has shifted from contango to backwardation for the first time since 2018. The analysts believe this is a warning of …

Billy Markus, the co-founder and engineer of Dogecoin (DOGE), who also sold off his DOGE stash for the equivalent of a used Honda Civic in 2015, has entered the nonfungible token (NFT) market. On June 9, Markus unveiled the drop of Doge-based NFTs dubbed “Capped Dogecoin” which he described as “Much cap, very deflation, many tokenomics. Many Available.” Capped Dogecoin - Much cap, very deflation, many tokenomics. Many available! - Tier 1 is available on Rariable, 420 issued: https://t.co/00wSCeciCB - Tier 2 is also on Rariable, 3 issued (already sold out) - Tier 3 is up for auction on @withFND, …

A 21st-century space race appears to be brewing between Elon Musk and BitMEX, with both parties pledging to launch their respective crypto of choice to the literal moon first. On Friday, popular crypto derivatives exchange BitMEX announced it would be supporting space robotics firm Astrobotic Technology in the company’s mission to send its first commercial lander to the moon during Q4 2020. Noting that the mission aims to be the first instance in which “a private company leading a coalition of government, academia, industry, and international partners reaches the lunar surface,” BitMEX plans to make the occasion by delivering a …

Democratic Senator Elizabeth Warren did not mince words when it came to criticizing crypto, but seemed to consider a federally-backed digital currency as a possible solution to address problems around financial inclusion in the United States. At a Wednesday session of the Senate Banking Committee discussing a U.S. government-backed central bank digital currency, or CBDC, Warren said the recent explosion in cryptocurrencies had helped many people understand the foundational technology on which digital currencies were based. However, she called crypto a “fourth rate alternative to real currency.” “Digital currency from central banks has great promise,” said Warren. "Legitimate digital public …

Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin (BTC) is more likely to rally to $40,000 than slump to $20,000. This bullish outlook seems to be shared by traders as Bitcoin initiated a sharp recovery today. On-chain data also suggests that long-term holders (LTH) have again started accumulating Bitcoin after booking profits during the rally from $10,000 to $64,000. The total number of Bitcoin held by these long-term holders is 2.3 million more than what they held at the peak of the 2017 bull market. This shows the veteran traders remain bullish about the future prospects of Bitcoin. …

The big crypto news out of Miami over the weekend may have been Salvadoran President Nayib Bukele’s decision to proceed with making Bitcoin (BTC) legal tender, but another figure connected to a world leader made his own mark in supporting Dogecoin (DOGE). In an exclusive interview with Cointelegraph at the Bitcoin 2021 conference, Kyle Kemper, the 37-year-old half brother of Canadian Prime Minister Justin Trudeau — resplendent in a banana costume — said he was launching a Dogecoin project. The initiative, called the “Million Doge Disco,” is — according to Kemper — a combination of the smartphone game Pokemon Go, …

United Kingdom-based fund manager Ruffer liquidated its $600-million Bitcoin (BTC) bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens such as Dogecoin (DOGE). The fund, which manages roughly $34 billion for wealthy clients and charities, started selling its cryptocurrency stash in December 2020, when the BTC/USD exchange rate rose to $25,000, the Sunday Times reported. It continued selling as the pair established newer highs in January 2021, breaking past the $40,000 level. Ruffer had wound up its remaining Bitcoin position by April, netting $1.1 billion in profits from the sales, or …