Trading

Khamzat Chimaev's Solana-based Smash token has plummeted 94% following allegations of insider trading and mishandling by his team. Chimaev Introduces “Smash” Crypto Khamzat Chimaev, a Russian professional mixed martial artist (MMA) and freestyle wrestler, recently faced harsh scrutiny from both the UFC and crypto communities after launching his own cryptocurrency, 'Smash.' Allegations of insider trading have further tarnished the token's reputation, leading to a significant price drop. Launch and Immediate Controversy Chimaev launched the Smash token following a social media…

Victoria, Seychelles, July 4th, 2024, Chainwire As the leading Web3 wallet building on the TON ecosystem, Bitget Wallet has now introduced cross-chain support for TON tokens, allowing users to seamlessly swap TON tokens with mainnet tokens across 14 chains including Ethereum, Solana, Base, as well as USDT, all within the wallet platform. This milestone upgrade further bolsters Bitget Wallet’s existing trading capabilities on the TON ecosystem, providing even more comprehensive support for the Web3 community.  Driven in part by the Tap2Earn mini-game…

The post Whale Sell-Off Crashes Crypto Market: LDO, AAVE, UNI & FXS Trading in Red appeared first on Coinpedia Fintech News Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop. On Wednesday, a prominent crypto whale or institutional investor sold millions of dollars worth of…

The post SuperEX Starts BONE Perpetual Trading Boosting SHIB Ecosystem appeared first on Coinpedia Fintech News Shiba Inu’s marketing lead Lucie recently posted to X, revealing that one of the leading Canadian exchanges, SuperEX, started BONE perpetual trading which has echoed optimism for the Shiba Inu ecosystem. The BONE/USDT perpetual pair started trading today, July 4, at 03:00 UTC. The listing also comes at the time when Shytoshi Kusama posted on X regarding the Blockchain Futurist Conference in Toronto, Canada.…

The post Injex Finance Mainnet Goes LIVE: Revolutionizing DeFi Trading on Injective Network appeared first on Coinpedia Fintech News As decentralized finance (DeFi) continues to evolve, liquidity aggregators have become crucial for traders looking for optimal prices and conditions for asset exchanges. The Injective Ecosystem is not looking to stay behind in the DeFi movement. This dynamic innovation hub features over 260 products, with average daily volumes within the network exceeding a remarkable $20 million. Injex Finance leads this wave…

Shiba Inu (SHIB) has begun July on a positive note, with several on-chain metrics painting a bullish signal for the second-largest meme coin by market cap. These bullish developments could provide the much-needed turnaround for the meme coin, which had a June to forget.  SHIB’s Burn Rate Surges By 16,854% Data from the burn tracking website Shibburn shows that Shiba Inu’s burn rate spiked by over 16,854% in the last 24 hours, with over 300 million Shiba Inu tokens burned…

The post South Korean Exchanges To Reevaluate 1,300 Tokens Trading On Domestic Platforms  appeared first on Coinpedia Fintech News South Korean crypto exchanges and the industry’s main trade association announced new self-regulatory standards that will be implemented on July 19. This implies a reevaluation of over 1,300 cryptocurrencies already being traded on domestic platforms. If in the future a new cryptocurrency is to be listed, the exchange will need to examine the token on both formal and qualitative requirements. The…

The post Pepe’s Pump Inferior To Raboo’s Gains, Whilst TRON’s 24-hour Trading Volume Nosedives appeared first on Coinpedia Fintech News Raboo is making headlines with remarkable gains in today’s vibrant cryptocurrency market, while Pepe is showcasing the dynamic nature of digital currencies. On the other hand, TRON faces a significant dip in its 24-hour trading volume, highlighting the fluctuations and challenges within the same market. These trends are crucial in shaping investor sentiment and steering the market dynamics as they…

Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially marking a new era dominated by institutional weekday warriors. Bitcoin Trading Activity Takes A Nap Kaiko’s data is straightforward: Bitcoin weekend trading activity has shrunk…