Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Following the Dogecoin boom, two "Dogecoins" Akita Inu and Shiba Inu coins have also increased in price

 The picture shows the official website of Akita Dogcoin.  (Screenshot of official website)

The picture shows the official website of Akita Dogcoin. (Screenshot of official website)

There is an upsurge in the cryptocurrency circle. With the skyrocketing of Dogecoin, cryptocurrencies related to dogs have also skyrocketed in recent days. Also included with the Shiba Inu marked Shiba Inu currency (SHIB), as well as new members of the "Dog currency" of Akita dogs currency (AKITA).

The picture shows the official website of SHIBA TOKEN.  Shiba Inu’s development team even claims to be a "Dogecoin killer."  (Screenshot of Shiba Inu Coin official website)
The picture shows the official website of SHIBA TOKEN. Shiba Inu’s development team even claims to be a "Dogecoin killer." (Screenshot of Shiba Inu Coin official website)

On the anniversary of Dogecoin's April 20th, the prices of the two dog currencies also rose. Akita Inu coin increased by 7,417% in one week and 10,628% in 30 days; Shiba Inu coin also increased by 668% in one week and 2,536% in 30 days. And as Dogecoin has soared again recently, the price of "Canine Currency" has also soared.

According to the websites of Shiba Inu Coin and Akita Inu Coin, both currencies are decentralized experimental tokens sent from the community. 50% of the total supply will be locked in Uniswap transactions, and the remaining 50% will be destroyed. The development team will not hold any tokens in their hands. The purpose is to ensure that the price of the currency is stable and there will be no possibility of official manipulation of the price.

The picture shows the price trend of Akita Dogcoin.  Since its launch, the Akita Dogecoin has surged in April and May following the increase of Dogecoin.  (Screenshot of CoinMarketCap)
The picture shows the price trend of Akita Dogcoin. Since its launch, the Akita Dogecoin has surged in April and May following the increase of Dogecoin. (Screenshot of CoinMarketCap)

Akita Inu Gohei "Akita Inu Amiji"

Akita Dogcoin was launched on Uniswap in January and has now entered 7 exchanges including Huobi and MXC Matcha. The Akita Dogcoin development team has been cooperating with Polarfox Ecosystem and Avalaunch to create a community called "Akita Dog Network", which will continue to develop through the use of small sponsorships for Akita Dogcoin.

It is worth mentioning that the Akita dog also introduced currency Home currency, as well as self-proclaimed "dog coins CEO" of Musk (Elon Musk). The development team claims that Akita Dogecoin was inspired by Dogecoin and the team hopes that Akita Dogecoin will also rely on the power of the community to drive its own development.

Shiba Inu coin calls itself ``Dogecoin killer''

As for Shiba Inu coins, they even call themselves "Dogecoin killers." Shiba Coin intends to launch its own decentralized trading platform ShibaSwap and establish its own ecosystem, and the future blueprint published on its website intends to get involved in the NFT platform.

According to the development team, Shiba Inu Coin will provide LEAH as a reward for liquidity mining, and the blueprint for another BONE currency will be announced when ShibaSwap goes online.

Although both Shiba Inu and Akita are still in the early stages of development, the recent media exposure of the use of Dogecoin has greatly increased. The two currencies have also attracted the attention of investors and participated in the community to promote development.

[News] Female stock god Wood is no longer attractive? Ark investors run away



After some of the stock selling pressures that Ark Investment Management Company heavily no pledged , the outflow of funds from three index equity funds ( ETFs ) of Cathie Wood, the "women stock god" in charge of the company , set a record for the most in the company's history. .

According to Bloomberg's data, the company's flagship fund product Ark Innovation ETF (transaction code: ARKK) outflowed US$465 million on the 23rd. Investors withdrew US$202 million from the Ark Biogenetic Innovation ETF (ARKG), and Ark Next Generation Network ETF (ARKW) also flowed US$119 million.

As Ark’s assets under management reached 60 billion U.S. dollars as of last week, these outflows are only a small part of it, but this is the largest capital flight that this company founded in 2014 has encountered in history,] And this time Outflows are more than three times higher than the previously written record.

The main reason why Wood's ETFs have been hit is that US technology stocks are under heavy selling pressure, which has caused the company's most-owned Tesla to fall. Wood told Bloomberg TV on the 23rd that she would like to see this correction and that she bought more Tesla shares on dips.

According to a Reuters report, Ark said on the 24th that when Tesla's stock price plummeted, the company had bought more than $171 million worth of Tesla shares; Tesla's closing price on the 23rd was the first time this year to fall below $700.

According to the official website of Ark Investment Management, the company bought Tesla in three batches this time, with the purchase value of US$124 million, US$39 million, and US$8 million. In addition, Ark also sold TSMC (2330) shares worth US$126 million on the same day .

Ark's innovative ETF with assets of US$26.6 billion achieved triple-digit performance last year and was one of the best performing ETFs last year. However, the fund is implicated by Tesla, and its performance this week has fallen sharply. After all, Tesla accounts for 10% of the fund's holdings, and some of the company's stocks have also fallen sharply.

After a large inflow of funds last year, more and more people have begun to short this fund. According to data from IHS Market, Ark's short order balance currently accounts for more than 3% of the number of tradable stocks, setting a record high.

[News]Copper breaks the $9,000 mark for the first time in 9 years

credit by pixaby

 (Central News Agency, London, 22nd Comprehensive Foreign Telegraph Report) The price of base metals has soared today. Among them, the price of copper has exceeded US$9,000 per ton, a new high since 2011. The market is optimistic about the economic recovery from the epidemic, which may cause a historical shortage of brass. Push up the price of copper and move towards a record-breaking consecutive monthly increase.

Bloomberg reported that the three-month copper futures price on the London Metal Exchange (LME) once touched US$9,187 per ton, the highest since 2011, and reached US$9141.050 at 11:02 am Singapore time. China's Shanghai Futures Exchange, copper futures prices rose by the limit today.

The prices of other metals also rose. The price of nickel futures on the London Metal Exchange hit US$200,10 per ton, and the price of tin also hit a high since 2011.

Copper prices have risen by more than 3% today, and this month has entered an unprecedented 11th consecutive month of gains. The market expects that after the epidemic crisis, short-term supply may not meet demand, and metal prices are soaring. Not only has the outside world increased speculation about the super cycle of new commodities, but with the economic recovery, it has also raised doubts about rising prices.

Shanghai Jinxin Futures analyst Jia Zheng said: "Under the anticipation of a new cycle of global inflation, market sentiment is high. Chinese investors return to the market after the New Year holiday and are waiting for more measures in the United States and Europe. Due to the travel ban. Boosting consumption, China's demand exceeds expectations." 

Credit by https://www.cna.com.tw/news/firstnews/202102225004.aspx

[News]Japan's 7.3 earthquake with the largest intensity of the 6th Fukushima people are frightened and remembered 311

 

An earthquake of magnitude 7.3 occurred at 11:8 pm on the 13th, Japan time (10:8 pm, Taiwan time). Fukushima and Miyagi prefectures have observed 6 earthquakes with intensity. (The picture is taken from the website of the Japan Meteorological Agency jma.go.jp)


Fukushima and Miyagi prefectures observed a strong earthquake with a magnitude of 6 and even Tokyo clearly felt the shaking, which is recalled by the people of Fukushima The horror of the 311 earthquake 10 years ago.

After the earthquake, the Japan Meteorological Agency issued a research judgment of 7.1, which was later revised to 7.3.

The Japan Broadcasting Association (NHK) quoted information from the Japan Meteorological Agency as saying that the epicenter of the earthquake was off Fukushima Prefecture with a focal depth of 60 kilometers. The earthquake did not cause a tsunami risk, but the sea surface may fluctuate slightly.

In Nakadori, Fukushima prefecture, Hamadori, Fukushima prefecture, and southern Miyagi prefecture, violent shaking with the largest earthquake intensity of 6 was observed. A 6 weak earthquake was observed in the northern and central parts of Miyagi Prefecture.

Five strong earthquakes were observed in Aizu, Fukushima prefecture, northern and southern Tochigi prefectures, five weaker earthquakes were observed in the northern and southern inland areas of Iwate prefecture, Murayama and Chisagi areas in Yamagata prefecture, northern and southern Ibaraki prefecture, and northern Saitama prefecture. A magnitude of 4 has been observed in many places in central Tokyo.

There was a strong earthquake off the coast of Tohoku, Japan on the evening of the 13th, and the furniture of a home in Koriyama City, Fukushima Prefecture was dumped.  (Kyodo News Agency)
There was a strong earthquake off the coast of Tohoku, Japan on the evening of the 13th, and the furniture of a home in Koriyama City, Fukushima Prefecture was dumped. (Kyodo News Agency)

Tohoku Electric Power Company stated that as of 11:30 pm on the 13th, 61,000 households in Fukushima Prefecture and 21,000 households in Iwate Prefecture were known to have power outages. A total of 841,560 households in Tokyo Electric Power Company's power supply areas, including Tochigi Prefecture and Ibaraki Prefecture, had power outages. Power outages also occurred in Yokohama City and Shizuoka Prefecture, Kanagawa Prefecture.

At present, Tokyo Electric Power Company is still investigating whether the Fukushima No. 1 and No. 2 nuclear power plants are different.

The report said that because of the strong shaking of the earthquake, some elderly people in Fukushima Prefecture recalled the situation of the 311 earthquake in 2011, and felt terrified in their hearts. Takashi Komura, a professor at the Seismological Research Institute of the University of Tokyo, told NHK that although the 311 earthquake will expire 10 years ago, the impact is still there.

After the earthquake, the Crisis Management Center at the Prime Minister's Residence (Administrative Center) immediately established a response team. So far, there is no news of people injured. 

credit by: https://www.cna.com.tw/news/firstnews/202102130158.aspx

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