Coinedition
SHIB’s burn rate surged 1,000% last Tuesday. Shibarium users’ wallets reached a 2 million landmark. Investors are bullish on SHIB’s price development.
Trump’s intent to replace SEC Chair Gensler could reshape crypto and financial regulation. Legal uncertainties surround the president’s power to remove SEC commissioners without cause. Fraud in traditional banking raises questions about regulatory priorities in finance sectors.
Bitcoin witnessed liquidations worth over $84.35 million in the past 24 hours. BTC successfully reclaimed the $72,000 price level and is very close to a new ATH. DOGE skyrocketed 7.47% in the past 24 hours, outperforming Ethereum (ETH).
Shiba Inu (SHIB) has reached a lifetime gain of 33,774,726.7%. Lead developer Shytoshi Kusama compares SHIB’s growth with assets like Bitcoin, Tesla, and popular cryptos DOGE, SOL, and BNB. Kusama emphasizes further work to build respect for the Shiba Inu ecosystem.
Bitcoin demand rises, echoing 2016 election trends as Trump’s re-election odds grow. Record ETF inflows boost Bitcoin market confidence, reflecting strong investor interest. Technical indicators present mixed signals, with MACD suggesting upward momentum and RSI hinting at a potential pullback.
South Korea’s Virtual Asset Committee will have its first meeting on November 6. The committee will focus on the second phase of the country’s virtual asset legislation. The FSC tasked the committee with addressing corporate virtual asset accounts.
BITPoint Japan has listed PEPE on its mainstream platform. The exchange launched a promotion campaign after listing the memecoin. BITPoint users stand a chance to win up to 100,000 yen.
Crypto industry leaders push for clear regulations ahead of the 2024 U.S. election. Kamala Harris gains strong financial backing from Silicon Valley’s tech and crypto donors. SEC leadership changes expected, with both candidates likely to appoint pro-crypto figures.
BTC-JPY volatility surpasses BTC-USD for the first time since 2022, driven by yen instability. Japanese yen struggles post-election, leading to increased BTC-JPY volatility and investor caution. U.S. election may impact BTC-USD, as markets brace for potential post-election volatility.
Dogecoin shows bullish potential if it maintains above $0.168, eyeing resistance levels. Shiba Inu may face selling pressure if it drops below the crucial $0.00001852 support. Both DOGE and SHIB exhibit bullish momentum, indicating a cautious outlook for traders.
