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Shiba Inu Gets Listed On Major Japanese Crypto Exchange

The Shiba Inu (SHIB) ecosystem is riding high at the moment as it continues to celebrate several significant milestones. The latest of them happens to be the meme coin being listed by a prominent and leading crypto exchange in Japan .  Coincheck Lists Shiba Inu In a press release , Japanese crypto exchange Coincheck announced that it will begin handling the meme coin on its crypto asset trading service. The crypto exchange also mentioned that it will integrate SHIB as a payment currency on its NFT marketplace. Following this listing, SHIB joins a relatively narrow list of cryptocurrencies traded on the platform.  Coincheck also went as far as to highlight SHIB’s growth in its announcement, something which could have spurred the exchange to list the crypto token. It stated that Shiba inu, which was created as a meme coin, is “progressing,” and “the use cases for its as a currency are expanding.” The crypto exchange specifically alluded to SHIB’s utility in the NFT a...
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Hong Kong SFC Raises Alert Over MEXC Imposter

The Hong Kong Securities and Futures Commission (SFC) has issued an alert on a suspected fraudulent platform impersonating the presence and operations of a popular cryptocurrency exchange MEXC. This development comes from a joint operation between the Hong Kong regulator and the local police force aimed at uncovering illicit activities of virtual asset trading platforms (VATPs). SFC Warns Hong Kong Citizens Of Fraudulent Trading Platform According to an announcement on February 9, the SFC is warning crypto enthusiasts and investors of an ambiguous trading platform that operates under the name “MEXC.” In a joint investigation with the Hong Kong police, the securities market regulator discovered that “MEXC” has lured several investors into becoming members of group chats in which it claimed to offer “free investment advice.” Through this medium, “MEXC” was able to direct unsuspecting investors into depositing funds through fraudulent websites in order to purchase cryptocurrencies. Th...
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What’s In Store For Bitcoin With 85% Of Holders In Profit

Amidst a renewed wave of optimism sweeping through the broader cryptocurrency landscape, the resurgence of Bitcoin (BTC) to the pivotal $37,500 price threshold has become a catalyst for positive shifts. At present, a staggering 85% of Bitcoin holders find themselves in a profitable position, a testament to the resilience and potential of the leading cryptocurrency. Encouragingly, key indicators hint at the likelihood of this percentage expanding in tandem with Bitcoin’s upward trajectory. Making Money With Bitcoin As the market plummeted from its all-time high in November 2021, the amount of Bitcoin supply in profit has reportedly hit levels last observed two years ago, according to Glassnode. The analytics service also stated that the amount of unrealized profit contained in these currencies is still very small. Based on the latest figures from blockchain analytics website IntoTheBlock, some 85% of Bitcoin holders are profitable at the current price of the first cryptocurrency,...
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