Tag: coinmarketcap

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Yellen Warns Severe Economic Impact from Prolonged US Shutdown

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The post Yellen Warns Severe Economic Impact com. Key Points: Yellen warns severe economic impact as US shutdown continues. Shutdown prolongs into November 2025. Significant market reactions and government stress observed. US Treasury Secretary Janet Yellen warns that the ongoing government shutdown’s economic impact is becoming dire, affecting financial markets and federal workers as it extends further into November 2025. The prolonged shutdown threatens GDP, disrupts federal spending, and affects market stability, highlighting risks to the broader economy and causing fluctuations in safe-haven asset prices. Economic Consequences as Shutdown Hits Sixth Week As the US government shutdown continues into its sixth week, Treasury Secretary Janet Yellen highlighted worsening economic conditions. The prolonged shutdown has stalled federal operations and affected financial stability as federal workers remain unpaid and key programs halted. The US economy could face significant impacts from this extended shutdown, with the Congressional Budget Office estimating a reduction in Q4 2025 GDP by 1-2 percentage points. Markets responded to Yellen’s warning, seeing fluctuations in gold and the US dollar amid investor discomfort over fiscal uncertainties. Michael Feroli, Chief US Economist, J. P. Morgan noted, “Each week, a shutdown subtracts about 0. There could be a sentiment channel as well if the duration of the shutdown enters uncharted territory.” Janet Yellen, Secretary of the Treasury, US Department of the Treasury, “With these determinations, the Treasury Department will suspend additional investments . as expressly authorized by law.” Bitcoin Gains Spotlight Amid Financial Turmoil Did you know? The current US government shutdown has surpassed the previous record set in 2018-2019, now extending beyond 35 days. Similar historical disruptions led to significant market fluctuations, including notable movements in core macro-assets. Bitcoin’s recent data from CoinMarketCap shows a trading price of $103,061. 43. Bitcoin’s market cap stands at $2. 06 trillion, holding a 59. 37% market dominance. Trading.

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7,380,000,000,000 SHIB Put OI in Flames as Price Removes Zero

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The post 7, 380, 000, 000, 000 SHIB Put OI com. As of Saturday, Nov. 8, Shiba Inu (SHIB) traders have locked over 7. 38 trillion SHIB tokens worth over $76 million into the SHIB derivatives market amid rising on-chain activity. According to data from CoinGlass, momentum is finally returning to the SHIB ecosystem, and investors have been spotted betting heavily on the Shiba Inu futures market. The surge, which has coincided with the broad crypto market resurgence, highlights growing confidence surrounding SHIB’s future outlook in the futures derivatives market. SHIB open interest rockets 15% The data provided by the source shows that SHIB’s open interest has skyrocketed by more than 15% over the last 24 hours as a massive 7. 38 trillion SHIB has been registered as open interest across all supported exchanges. Following the high volatility witnessed in the past week, the surge in SHIB’s open interest coincides with a sharp market resurgence that has led the broad crypto market back to the green territory. After days of sideways movement and notable price corrections, SHIB has suddenly surged by over 10. 43% in the last day, jumping high enough to remove a zero from its price. While the SHIB community had gradually seen traders’ enthusiasm fade significantly, this impressive price action witnessed over the last day has sparked renewed optimism and momentum within its community. You Might Also Like Following the surge in SHIB’s futures activity over the last day, Shiba Inu has skyrocketed by a massive 10. 53% in the last 24 hours, trading at $0. 00001006 as of writing time. Notably, data from CoinMarketCap shows SHIB’s price reaching an intraday high of $0. 00001032, breaking above key resistance levels that previously capped its upside. Following this price surge, Shiba Inu has removed a zero from its initial price of around $0. 000009 that it traded around yesterday. Nonetheless, the data further shows that the.

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Binance to Settle and Delist MANAUSD, EGLDUSD Contracts

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The post Binance to Settle and Delist MANAUSD, EGLDUSD Contracts appeared com. Key Points: Binance delists COIN-M MANAUSD and EGLDUSD perpetual contracts on November 13, 2025. Users advised to close positions to avoid automatic liquidation. Delisting may affect market demand and spot trading volumes. Binance will automatically settle and delist its MANAUSD and EGLDUSD coin-margined perpetual contracts on November 13, 2025, halting new positions from 16: 30 UTC, the same day. This action signals reduced demand for these contracts, potentially impacting short-term price volatility and liquidity shifts on Binance Futures. Binance Delisting’s Impact on MANA and EGLD Markets Binance intends to automatically settle and remove MANAUSD and EGLDUSD COIN-Margined perpetual contracts on November 13, 2025. Users must close positions by 16: 30 UTC to evade automatic settlements. Binance’s decision is part of its broader portfolio optimization strategy, responding to low demand. The delisting will not affect ETH, BTC, or other significant pairs. Spot trading continuity ensures MANA and EGLD remain tradable. Anticipated impacts include temporary increases in spot trading volumes and adjustments in trader liquidity preferences as they settle positions. Binance Announcement Team, Official Statement, Binance, “Binance Futures will automatically settle and delist the COIN-M MANAUSD and EGLDUSD perpetual contracts on 2025-11-13 at 17: 00 (UTC). Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.” Community reactions have largely focused on reminders to close positions promptly. Active discussions in forums and on social media have mostly mirrored Binance’s advisory to complete trade exits in advance of the deadline. Analyzing Historical Patterns and Market Reactions Did you know? Previous delistings by Binance typically result in short-term price fluctuations, although MANA and EGLD remain available on spot markets. This pattern echoes Binance’s historical practice with other low-liquidity contracts. Decentraland (MANA) currently trades at $0. 23, with a market cap of $460. 44 million, representing a market dominance of 0. 01%. Trading volume.

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Steak ‘n Shake Embraces Bitcoin with Strategic Reserve

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The post Steak ‘n Shake Embraces Bitcoin with Strategic Reserve appeared com. Key Points: Steak ‘n Shake establishes a Bitcoin reserve and donation plan. 210 satoshis from each meal go to Open Sats. Boost in sales and reduced payment costs reported. Steak ‘n Shake announced a Strategic Bitcoin Reserve, directing all Bitcoin payments to its corporate treasury and committing to donate 210 satoshis per Bitcoin meal to the Open Sats Initiative. This move marks a first in U. S. fast-food history, enhancing Bitcoin’s mainstream adoption and potentially boosting sales by 15%. Steak ‘n Shake Reports Increased Sales and Lower Costs Steak ‘n Shake, a U. S.-based fast-food chain, announced forming a strategic Bitcoin reserve. All Bitcoin payments received will be directed into their corporate treasury. Additionally, the chain will donate 210 satoshis from each Bitcoin-themed meal to the Open Sats Initiative. who praised it. Bitcoin Adoption: A New Era for Fast-Food Chains Did you know? Steak ‘n Shake is the first U. S. fast-food chain fully integrating Bitcoin payments into a corporate treasury, creating a distinctive model unlike other merchants such as Starbucks. CoinMarketCap data as of November 1, 2025, indicates Bitcoin’s price at $110,499. 94 with a market cap of approximately $2. 20 trillion. Despite recent fluctuations, the last 24 hours showed a positive trend of 1. 74%. Bitcoin retains a market.