SHIB climbs – Gets major exchange listing with OKEx

Published

5 years ago

May 13, 2021

Shibcoin investors have a new way to trade the crypto.

Trading platform OKEx is the first to list SHIB, the first native crypto asset of the Shiba network.

It comes as the digital currency dropped by 40%, but then recovered as investors sold Bitcoin after Elon Musk’s decision to suspend Bitcoin payments for Tesla vehicles.

Deposits of SHIB opened over the weekend, and the token can now be traded against USDT – a stablecoin.

SHIB, also known as a “meme coin,” is emerging as a top 30 cryptocurrency by market capitalisation.

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The founders put away 50% of the total SHIB supply in Uniswap.

The rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum.

Welcoming Shib

SHIB is the first cryptocurrency token to be listed and incentivised on ShibaSwap — the Shiba Inu project’s own decentralized exchange.

“We are pleased to welcome Shiba Inu to the OKEx platform..”

“As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers.”

“The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development.”

“We are happy to be the first major exchange to offer SHIB to open the crypto gateway to these enthusiasts,” said OKEx CEO Jay Hao.

About OKEx

OKEx is a world-leading cryptocurrency spot and derivatives exchange that offers some of the most diverse and sophisticated products, solutions and trading tools on the market.

Trusted by millions of users globally, we believe that cryptocurrency will reshape our money and society, enabling all people to live with dignity and freedom.

With our extensive range of crypto products and services, and our unwavering commitment to innovation, our mission is to promote and advance cryptocurrency globally.

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Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

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52 minutes ago

January 12, 2026

Harvey Vargas

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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Boeing hits seven-year high in plane deliveries as demand soars

Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.

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1 hour ago

January 12, 2026

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Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.

Boeing has reached its highest level of airplane deliveries in seven years, marking a strong recovery after a challenging period for the aerospace giant. The company is ramping up production of its 737 Max and 787 Dreamliners to meet growing demand from airlines worldwide.

Investors are optimistic as Boeing shares have climbed significantly over the past year, reflecting renewed confidence in the company’s long-term prospects. Airlines are responding with new orders, and Boeing has already secured 1,000 gross orders through November.

Alaska Airlines recently placed an order for 105 Boeing 737 Max 10 jets, further signalling industry faith in the manufacturer. Robust travel demand continues to drive growth for Boeing and its competitor, Airbus, highlighting a rebound in global air travel.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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