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Showing posts from April, 2024

Shiba Inu: Here's When SHIB May Reclaim Its Peak of $0.000086

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Shiba Inu (SHIB) has been among the best-performing crypto assets for the last four years. Since its launch in August 2020, to reaching its all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Many early investors made millions of dollars in profit if not billions. However, the asset has more or less struggled since its 2021 high. SHIB is currently down by 72.5% from its all-time high. Also Read: Shiba Inu: $5 Monthly Since Launch Becomes $9 Million in 2024 SHIB’s plummet from its 2021 peak is likely due to the bearish market conditions in 2022 and 2023. However, SHIB fans and investors are pursuing higher prices for the asset. When will Shiba Inu (SHIB) reclaim its all-time high? Source: Twitter According to CoinCodex, SHIB could surge to $0.00007993 on May 27, 2024, about 7.8% away from its 2021 peak. If SHIB can hold its price at $0.00007993, the asset may hit a new all-time high in May or June. Also Read: Shiba Inu: Robinho

Could Slothana Be Listed on Binance as Its Presale Approaches Conclusion?

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Slothana is a new project that has been causing quite a stir in the crypto community due to its potential listing on Binance and the impressive fundraising feats it has achieved in its presale phase. With just 12 hours left before the presale closes, Slothana has garnered attention with over $15 million raised, indicating strong investor interest and speculation about its future. Analyzing Slothana’s robust presale performance amidst a cryptocurrency market downturn Slothana is a cryptocurrency that has been talked about extensively due to its unique branding and the engaging way it has captured the imaginations of investors. With 1 SOL converting to 10,000 SLOTH token, the project presents a quirky yet potentially lucrative investment opportunity. As the presale draws to a close, the urgency among investors is palpable, driven by the allure of getting into a project that could soar in value post-listing. Despite a challenging market environment where major cryptocurrencies like

The New Crypto Scam Uncovered by SlowMist

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The dynamic landscape of cryptocurrency is rife with innovation, but alongside it lurks the ever-present threat of security breaches. SlowMist , a prominent blockchain security firm, has recently uncovered a sophisticated crypto scam that preys on unsuspecting users through physical transactions involving USDT. This scam sheds light on the deceptive modification of Ethereum node Remote Procedure Calls (RPC), revealing a web of deceit that threatens the integrity of the digital realm. The Cunning Deception Unveiled ️SlowMist Security Alert️ Another New Scam: Malicious Modification of RPC Node Links to Steal Assets Scammers are manipulating RPC links to show fake USDT balances, tricking users into thinking they've been paid. Learn how to protect yourself here: https://t.co/K3W68N0Rwf — SlowMist (@SlowMist_Team) April 25, 2024 The modus operandi of this scam is as intricate as it is deceitful. It begins with the fraudster establishing trust with the target use

Crypto Trader Issues Bitcoin Warning, Says Ethereum Liquid Staking Project Flashing Short-Term Bullish Signal

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A popular crypto trader says a liquid staking service for the Ethereum (ETH) blockchain is flashing a short-term bullish signal. The analyst Ali Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal on Lido DAO’s (LDO) 3-day chart. “If LDO can hold above $1.85, we could see it rebound toward $3!” Source: ali_charts/X Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. LDO is trading at $2.05 at time of writing. The 63rd-ranked crypto asset by market cap is up 2.5% in the past week. Martinez also updates his outlook on Bitcoin (BTC), noting that the top crypto asset presented two sell signals on the 12-hour chart. “A death cross between the 50 and 100 SMA (simple moving average) and a red 9 candlestick from the TD Sequential. If BTC falls below $63,300, brace for possib

‘Epic Sat’: Bitcoin halving’s rare BTC unit sells for $2.1 million

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An “epic sat,” mined from the fourth Bitcoin (BTC) halving block, fetched an impressive $2.1 million at a recent auction on CoinEx Global . This rare satoshi, with its distinctive sequence number, sold for 33.3 BTC, emphasizing its considerable value to collectors worldwide. Hosted by CoinEx , this auction marked the first-ever public sale of an epic satoshi, attracting intense global interest and competitive bidding. A satoshi is the smallest unit of Bitcoin, representing one hundred million th of a single coin. The epic satoshi, or “epic sat,” represents the first sat of a block mined after a Bitcoin reward halving . This particular asset, mined by the Bitcoin pool ViaBTC from the 840,000th block on April 20, 2024, carries a unique serial number, 1,968,750,000,000,000, making it a significant piece of crypto history as the first sat of the fourth Bitcoin halving epoch. Picks for you BNY Mellon: World'sWorld's largest custodian bank reports exposure to BTC 17

Justin Bieber's $2 Million NFT is Now Worth Less Than $100,000

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Celebrities often venture into uncommon realms seeking innovation. For Justin Bieber, the Non-Fungible Tokens [NFTs] space became a captivating pursuit. While the journey started strong, the volatile nature of the market has transformed it into a cautionary tale. Justin Bieber’s NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000. Arkham Intelligence, a prominent blockchain analytics provider revealed this downturn. The report shed light on how the Canadian pop sensation lavishly spent over $2 million on NFTs in 2022, only to witness their value diminish considerably over time. Bieber’s wallet on Arkham now holds a sum, with assets assessed at less than $500,000, a far cry from his initial substantial investment. Justin Bieber NFT Purchases: Down 94.7% Did you know that Justin Bieber bought more than $2M of NFTs during 2022 – now worth barely over $100K. His wallet on Arkham now holds just under $500K in ETH and APE. Details

SEC Expected to Deny Spot Ethereum ETF Next Month

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The US Securities and Exchange Commission (SEC) is expected to deny Spot Ethereum ETF approval next month, according to insiders. Indeed, a report from Reuters notes that the ongoing meetings between issuers and the SEC have dampened expectations, with rejection likely in May. The report fortifies industry-wide expectations of Ether ETF rejections next month. That was first forecasted by Standard Chartered, and corroborated by insider testimony. However, the description of the ongoing meetings regarding the investment offering leaves little optimism of an impending approval. JUST IN: SEC expected to deny spot Ethereum ETFs next month, Reuters reports. — Watcher.Guru (@WatcherGuru) April 25, 2024 Also Read: Hong Kong Bitcoin & Ethereum ETFs to Begin Trading April 30th Spot Ethereum ETF Approval Now in Doubt? Since the arrival of Spot Bitcoin ETFs at the start of the year, the market has awaited what assets could be next. The positive impact that BTC offerings

Leading VR-Centric ICO Nears $6 Million – Best VR Gaming Crypto?

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Crypto investors buzz over a new VR-gaming cryptocurrency raising over $5.5 million in its presale to build a VR gaming world blurring reality and virtuality. The project is named 5th Scape and it mixes virtual reality (VR) and augmented reality (AR) tech with blockchain and gaming, bringing in a fresh realm of exciting experiences. Its presale is happening now, aiming to raise $15 million to develop its advanced ecosystem. 5th Scape’s 5SCAPE token hits $5.5 million in presale Investors worldwide are showing keen interest in 5th Scape’s ongoing presale, as its innovative approach has attracted attention. The presale operates on a model where the price of $5SCAPE increases gradually as funding goals are achieved. This approach has proven successful, with over $5.5 million already raised from contributors worldwide, reflecting the excitement surrounding this VR ecosystem. The momentum of the presale shows no signs of slowing down. Developers are gearing up for an exchange listing

XRP Faces Big Challenge: Scaling The $0.55 Wall – Possible?

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XRP, the cryptocurrency tied to Ripple, found itself entangled in a familiar tussle with the $0.55 resistance level as bearish forces thwarted its early attempts at a rebound. While last month’s pivotal summary judgment offered a glimmer of regulatory clarity for XRP, the ongoing specter of the SEC appeal and an impending trial slated for the first half of 2024 are fostering an air of skepticism among the investor community. Despite the much-needed legal clarity provided by the recent summary judgment, a cloud of uncertainty still hangs over XRP’s trajectory. The forthcoming SEC appeal and the looming trial timeline have combined to cast doubt on the cryptocurrency’s immediate future.  The ripple effect of these uncertainties is palpable as investors remain cautious about diving back into the XRP market. Related Re

AI builds the ideal crypto portfolio for May, 2024

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In the dynamic world of crypto currency investments, leveraging advanced technologies like artificial intelligence (AI) can significantly enhance decision-making capabilities. Recognizing the potential of AI in crafting strategic investment plans, Finbold sought the expertise of three leading AI models—OpenAI’s ChatGPT-4 Turbo, Anthropic’s Claude 3 Opus, and xAI’s Grok—to devise the optimal crypto portfolio for a $10,000 initial investment aimed at maximizing risk-reward outcomes for May 2024. Despite each AI’s unique approach, there were notable similarities in their recommendations, particularly with the inclusion and significant allocation to foundational cryptocurrencies like Bitcoin (BTC), Ethereum (ETH). Both are considered essential holdings that provide a stable foundation and high growth potential, respectively. Picks for you Sell-off alert: Caution advised as Bitcoin resistance persists 24 mins ago 2,000 Bitcoin ATMs installed in 2024 1 hour ago Blac

US Seeks Three Years In Jail For Binance Founder Changpeng Zhao, Says He Lined His Pockets By Violating The Law

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U.S. prosecutors are seeking a 36-month prison sentence for Binance co-founder Changpeng Zhao , who they say purposefully violated the law to “line his pockets.” “Zhao’s willful violation of U.S. law was no accident or oversight,” the Department of Justice (DoJ) said in an Apr. 24 filing . “He made a business decision that violating U.S. law was the best way to attract users, build his company, and line his pockets.” Prosecutors Still Want Changpeng Zhao To Serve Time Despite Multiple Fines Zhao pleaded guilty to anti-money laundering and sanctions violations in the U.S. last year. In addition to agreeing to pay a $50 million fine, he also stepped down from his chief executive role at the leading crypto exchange for three years. Meanwhile, Binance agreed to and paid $4.3 billion as part of a corporate settlement, one of the largest settlements of its kind in history. Prosecutors are still not done with Zhao, whose sentencing is scheduled for Apr. 30. Currently free on bail after

Next Cryptocurrency To Explode Tuesday, April 23 — Akash Network, Kaspa, Stacks, Immutable 

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Earning significant ROI in a bull market could mean paying attention to the major cryptocurrencies and positioning Altcoins to take off. However, identifying the next cryptocurrencies to explode might be a bit challenging as most funds are attracted to pumping assets. With institutional investors in the market, interoperability and real-world asset tokenization would gain increasing attention. Already, prices of assets in this category are on the rise, even before the bull market went into full swing. Next Cryptocurrency to Explode Regarding upcoming high-value crypto projects, 99Bitcoins is changing the crypto space with a “Learn-to-Earn” approach. Users engage in interactive lessons and quizzes to earn $99BTC tokens. Furthermore, holding $99BTC provides additional benefits, including staking rewards and personalized lessons. Investors also gain access to free trading exposure, signals, and VIP community groups. Below is an overview of 99Bitcoins and the next cryptos to explode.