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Bitso – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Tue, 25 Jan 2022 16:25:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png Bitso – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Shiba Inu Coin listed on Bitso https://cryptocurrencypanther.com/2022/01/25/shiba-inu-coin-listed-on-bitso/ https://cryptocurrencypanther.com/2022/01/25/shiba-inu-coin-listed-on-bitso/#respond Tue, 25 Jan 2022 16:25:52 +0000 https://cryptocurrencypanther.com/2022/01/25/shiba-inu-coin-listed-on-bitso/

Very busy day for Shiba Inu Coin, not exactly in a brilliant phase of the market in recent weeks, but it is roaring again (or perhaps it would be better to say barking) thanks to two announcements.

The first, actually yet to be confirmed, is the arrival on Robinhood, which was released by the popular finance account @zerohedge on Twitter, the second is about one concrete quotation at one of the most important exchanges in South and Central America.

Shib enters the Bitso list
Bitso adds Shib to its list

Good prospects for a cryptocurrency that is suffering, but also preparing for an extraordinary one 2022 in terms of added features. We can find it on the eToro secure platformgo here to request and receive a free virtual account with active PREMIUM features – top intermediary for the apparatus fintech that it makes available to its customers.

Through eToro we can in fact access the CopyTrader, system of full copy of the positions of best traders within the platform, which also includes the possibility of log into to their wallets to spy on them. Also through this intermediary we can exploit the Smart Portfolios which include several crypto in one basket. With $ 50 we can switch to a real account.

The concrete reality is Bitso, even if there are already those who dream …

The concrete news of the two is the arrival of Shiba Inu Coin on Bitso, the most popular exchange in South and Central America, which our readers will already know as sponsor of San Paolo a few days ago, within a partnership that will also allow the Brazilian team to accept payments in $ SHIB (now) and in Bitcoin and other cryptocurrencies.

It is a important step for the acceptance of Shiba Inu Coin in a rapidly growing market and which will thus have a reliable and well-known contact person for the purchase and sale of token.

However, this is not the only news that excited the minds yesterday afternoon, the afternoon that he saw $ SHIB return stably above i $ 0.00003. Because to push – and a lot – on the price was a Tweet from Zerohedge, one of the most followed accounts dedicated to finance and economics in the world, crypto and otherwise.

Shiba Inu’s listing on Robinhood is said to be ready in part of February. He is about 6 months late.

With a reference to the fact that Robinhood, delaying operations so much, he missed one of the most important trains of the crypto world of the 2021. A train that could certainly start again, but it is difficult for it to generate the incredible volumes seen in the previous year. Volumes that for the platforms investment means earnings. All this within a second part of the year for that Robinhood it was very unsatisfactory.

Shib keeps going: will he be able to fly again?

Shib confirms that the game did not end in 2021. The arrival of Bitso among exchange that support the trading of $ SHIB is a signal of a 2022 started off on the right foot, whether or not you arrive as told by Zerohedge also Robinhood.

There are many news in the pipeline, from DAO for protocol management until the much more awaited game that is already in development. News that will certainly have an appreciable effect on the price of the token.





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Shiba Inu (SHIB) Surges 16% After Bitso Listing & Rumors of Robinhood Listing https://cryptocurrencypanther.com/2022/01/13/shiba-inu-shib-surges-16-after-bitso-listing-rumors-of-robinhood-listing/ https://cryptocurrencypanther.com/2022/01/13/shiba-inu-shib-surges-16-after-bitso-listing-rumors-of-robinhood-listing/#respond Thu, 13 Jan 2022 08:35:50 +0000 https://cryptocurrencypanther.com/2022/01/13/shiba-inu-shib-surges-16-after-bitso-listing-rumors-of-robinhood-listing/

Shiba Inu fans have some good tidings, which shows some positive gains after its listing on Bitso Mexico’s biggest cryptocurrency exchange. 

However, if the meme-based crypto coin can maintain its momentum or be a repeat story of its listing in Kraken, it needs to be seen.

Coindesk reported that Shiba Inu (SHIB) jumped 16% on Thursday, leading major cryptocurrencies’ gains amid rumors of a listing on Robinhood.

Shiba Inu did gain some positive momentum after its listing on Bitso. However, traders are pensive and doing the waiting act keeping in mind the cryptocurrency’s past performance. Shiba Inu Failed To Develop Sustainable Upside Momentum after Kraken Listing.

Shibu Inu got a significant fillip in its values when listed in Kraken last November. The meme-based coin values surged from $0.000040 to $0.000054. However, it could not maintain the surge and soon tanked after significant selling pressure pushed it below $0.000030.

Trading derivatives fraught with risk

Trading derivatives always carries an element of risk, and investors must dabble in it only if they are willing to absorb significant losses. Trading derivatives is not suitable for all investors, and therefore ensure that you fully understand the risks involved and seek independent advice if necessary.

It will be imperative for the investor to obtain a PDS or Product Disclosure Statement from a reputable site.

Exchange listings often positively influence the values of cryptocurrencies since they widen the potential investors. The number of Shibu Inu holders continues to grow due to additional listings. At the same time, these new holders are failing to provide momentum to Shibu Inu, and this means that the more prominent players holding the crypto coin are moving their funds out of the cryptocurrency.

Investors in a wait and watch mode

Therefore, the investor is in a catch 22 situation and is waiting to see the effects of the new listing to permeate and settle the values of the crypto coin. In other words, it needs to be seen if the listing is providing any material support to Shiba Inu in the longer term. Most likely, general market sentiment will impact Shiba Inu dynamics, depending on the fate of the world’s two most prominent cryptocurrencies, Bitcoin and Ethereum.

 

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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