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Tag: Exchanges

BitMEX Increased Shiba Inu EcoSytem With 4 New Project
Shiba Inu

BitMEX Increased Shiba Inu EcoSytem With 4 New Project

BitMEX has increased the scope of the Shiba Inu Ecosystem following the launch of 4 new perpetual contracts for Shiba Inu, including SHIBUSDT, SHIBUSD, BONEUSDT, and BONEUSD. BitMEX, one of the main crypto-exchanging platforms, has recorded two new interminable contracts for Shiba Inu on its platform. This move will permit BitMEX clients to long or short SHIB, with up to 33x influence. https://twitter.com/BitMEX/status/1696442715435909308 What's more is that BitMEX has added help for the Governance token of the Shiba Inu Ecosystem, Bone ShibaSwap (BONE). The top exchange launched two new perpetual trading pairs, BONEUSDT and BONEUSD, with up to 5x influence. https://twitter.com/BitMEX/status/1696452040845889787 Established in 2014, BitMEX is one of the prominent cryptocurren...
Ripple Can Help Large Financial Institutions In America
Ripple News

Ripple Can Help Large Financial Institutions In America

Ripple was stated to have the potential to help large Financial Institutions In America, this was made known in a meeting with  Joseph Endoso, the Head Working Official at Linqto, who gave experiences into how enormous monetary organizations could use XRP through Ripple's Liquidity Hub. Endoso referred to explicit models utilizing the Bank of America (BoA). He featured the essential purpose behind Ripple presenting the Liquidity Hub product and its appropriateness for establishments looking for consistent transactions. XRP influencer Digital Asset Investor presented a bit of Endoso's meeting to the crypto local area on X. https://twitter.com/digitalassetbuy/status/1693627101369258249 In the discussion, Endoso recommended that Ripple is focused on coordinating the Liquidity Hub ...
Allnodes Burns Over 56 Million LUNC Tokens And Plans To Initiate Weekly LUNC Burns Till The End Of 2022
Cryptocurrency

Allnodes Burns Over 56 Million LUNC Tokens And Plans To Initiate Weekly LUNC Burns Till The End Of 2022

Per a Twitter handle, Allnodes is urging the LUNC community to stake via the platform, it also said that it had sent over 56 million LUNC tokens to dead wallets as it burns from its 5%  commission. Allnodes Now Burns LUNC Allnodes noted in its tweet; “56,706,118 LUNC were burnt earlier today by Allnodes,” the validator tweeted. “Delegate to Allnodes and participate in our weekly ritual until the end of 2022!” Read Also: Terra Classic Becomes 60th Largest By Total value Locked (TVL) Having 12.36 Million Last Month https://twitter.com/Allnodes/status/1581915953620979713 The proof for the Allnodes’ transaction can be seen for confirmation on the LUNCPenguins official website designed by HappyCattyCrypto with the description Allnodes burn.  Allnodes Becomes The 9th La...
Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges
Ethereum

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

Contrary to the expectation of the crypto industry, Ethereum's Price has not been encouraging post-merge, although there has been an increase in price which was traced to the massive deposit made by the Ethereum whales. In a recent tweet made by the CryptoQuant, the recent spike in price from the low $1,300 to $1,353 is traced to the massive deposit made by the Ethereum whale into the exchanges. Read Also: The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here's Why Per CryptoQuant; “Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price,” he asserted. https://twitter.com/cryptoquant_com/status/1577128372278378498 CryptoQuant also noted how the Whale behaviour has in times past led to an Ethereum price p...