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Analyst Sees Bullish Breakout Ahead for Shiba Inu, $0.00004 in Sight Trader Mike on TradingView highlights historic Shiba Inu patterns, identifying key resistance and future liquidity targets for the token. $SHIB Notably, Shiba Inu (SHIB) showed signs of mild volatility in its latest trading session, maintaining a narrow range between $0.00001333 and $0.0000138. Despite a slight intraday decline of 1.4%, SHIB remains up by 6.1% over the past week. Amid this short-term decline, analysts continue to monitor price action closely, pointing to historical patterns and technical developments that could influence SHIB’s next move. #AirdropFinderGuide
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#BTCRebound Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia Phoenix Group added 52 megawatts to its Ethiopian Bitcoin mining operations, raising its total there to 132 megawatts, with a reported over 500 megawatts worldwide. Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, said the firm’s strategy relies on “securing prime locations with abundant, low-cost energy.” #ArizonaBTCReserve “Initiatives like our latest expansion in Ethiopia are pivotal steps, not only creating significant value today but also solidifying our position,” he said.
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#ArizonaBTCReserve South Korea's Ruling Party Vows to Approve Spot Crypto ETFs, Scrap Key Banking Rule South Korea’s People Power Party has pledged crypto reforms, including ETF approval and banking rule repeal, ahead of the June election. In brief South Korea’s People Power Party has pledged to approve spot crypto ETFs and scrap South Korea’s "one exchange, one bank" rule if they win. The party’s crypto agenda includes corporate crypto trading, stablecoin regulation, and a new Virtual Asset Special Committee this year. The election outcome could decide the fate of reforms, with opposition leader Lee Jae-myung leading in the polls ahead of the June 3 vote.
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Bankera founders used ICO funds on global property buys: Report The OCCRP reports Bankera’s founders channeled around half of the $114 million the firm raised in its 2018 ICO to a Vanuatu bank to buy real estate in France and Lithuania The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project. The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s 100 million euro ($114 million) ICO were transferred to a bank in the Pacific Island country of Vanuatu that was purchased by the project’s founders, Vytautas Karalevičius, Justas Dobiliauskas and Mantas Mockevičius. Soon after, the Vanuatu bank reportedly began issuing millions of euros in loans to companies owned by the trio to build a luxury real estate portfolio — including a villa in the French Riviera and high-end property in Lithuania, where the project was founded. $BTC #AITokensBounce
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