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Showing posts from August, 2024

Ripple to unlock 1 billion XRP tomorrow (September 1); What’s next?

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Ripple, the core developer of XRP Ledger (XRP) and its largest holder, will unlock 1 billion XRP on September 1. This is part of Ripple’s monthly unlocks from the token’s initial distribution and often precedes a price drop. At current prices, the unlock’s nominal value is $570 million, which will be partially sold in the next few days. Finbold retrieved data from XRPScan , showing the escrows from ‘Ripple (24)‘ and ‘Ripple (25)‘ that will finish after August 31. Specifically, the former will unlock 500 million XRP in a single transaction, while the latter will unlock 200 million and 300 million XRP in two transactions. Picks for you 3 cryptocurrencies to avoid trading next week 19 mins ago These in...

Shiba Inu: Can $1000 Worth Of SHIB Become $1 Million By 2026?

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Shiba Inu (SHIB) has made a name for itself as a “millionaire-maker.” Early investors who got a whiff of the project upon launch made millions of dollars in profit and, in some cases, even billions. SHIB’s price rallied by many million percent within its first year of launch. While many believe that SHIB has peaked, others think there is still time to make it big with the popular memecoin. Also Read: Shiba Inu: Just $1 Monthly Would Have Made You a Millionaire Can $1000 Worth of SHIB Become $1 Million by 2026? If you invest $1000 into SHIB right now, you will receive about 69,492,703.26 (69.49 million) tokens. Price Predictions for 2026 According to the analysts at Telegaon, Shiba Inu (SHIB) could hit a maximum price of $0.0000943 in 2026. At such price levels, your 69.49 million tokens will be worth $6553.16, far less than the $1 million target, but a good return nonetheless. Source: Telegaon Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st...

Cardano Gears Up To Embrace Chang Fork: Will ADA Spike This Weekend?

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Cardano is currently undergoing a massive transformation. The token is presently gearing up to embrace its biggest fork deployment. Dubbed the Chang Hard Fork, the new update will be integrated with the network on September 1st, merging on-chain governance with the ADA ecosystem. Will this help ADA surge this weekend? Also Read: Ripple: How High Can XRP Surge This Weekend? Will It Break Past $0.75? Cardano Chang Hard Fork Ready For Deployment The widely anticipated Chang Hard Fork deployment is finally here. Cardano is ready to integrate the new fork functionalities, fueling investors’ hopes. The fork deployment is crucial for ADA, as it may help Cardano enter the bullish waters again. The ADA analyst community has also expressed active enthusiasm for X. Speaking about it in detail, notable analyst Dan Gambardello shared how this fork upgrade may help Cardano gain incredible price traction. Gambardello later pointed out that this is a novel paradigm shift that may improve the ADA’...

Top Altcoins in Accumulation: Famous Investor Identifies Opportunities for Gains

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Altcoins are gaining traction as the crypto market enters a potential accumulation phase. Experts suggest several emerging alternative crypto coins could see significant growth in 2024. This trend is capturing investor attention amid evolving market dynamics. Also Read: Gold Prices Trade Safe Above $2,500 as US Dollar Risk Looms Investing in Altcoins: Best Picks and Emerging Trends for 2024 Market Signals Point to Alternative Coin Opportunities Altcoins currently at the "sell your house to buy more" level. Last time $BTC was at this level was exactly 4 years ago in the summer of 2020 when price went vertical from 10k to 60k over the next 6 months. h/t @CryptoKoryo pic.twitter.com/vwaGkGE1FA — Luke Martin (@VentureCoinist) August 27, 2024 Crypto investor Luke Martin thinks he saw a rare buy opportunity for altcoins. Nothing like this has happened in three years. This signal came before Bitcoin’s 2020 rise, and it might point towards similar growth in the next few months. The t...

Shiba Inu: Shibarium Hits Major New Milestone: Will SHIB Reach $0.01?

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Shiba Inu’s layer-2 network , Shibarium, just hit a major milestone on Wednesday. The latest data shows that Shibarium has processed over 6.5 million blocks and is on the brink of reach ing 420 million transactions. This development indicates that the network is brimming with activity, with investors clocking in and out of the layer-2 solution. Also Read: Shiba Inu: 13 Analysts Forecast a 400% Surge for SHIB Shibarium’s Milestones and Challenges Source: shibariumscan.io Shibarium also recently launched an in-burn mechanism that will automatically burn SHIB tokens and reduce the circulating supply. Since the network activity is nearing 420 million transactions, the fee collection will be higher. This will lead to more burns, sending Shiba Inu tokens to the dead wallet. Slower Network Activity Compared to Other Blockchains Also Read: Shiba Inu: Here’s How To Be A Millionaire When SHIB Hits 5 Cents That sounds good, right? But the reality is quite the opposite. Shibarium’...

SEC Issues A Wells Notice To OpenSea, Claiming NFTs On Its Platform Are Securities

OpenSea, one of the world’s first and largest web3 marketplaces for non-fungible tokens and crypto collectibles, has received a legal notice from the United States Securities and Exchange Commission, claiming that non-fungible token collections on its market platform are illegal securities. The move is a big blow to creators, collectors, and other market players. SEC Issues A Wells Notice To OpenSea In an August 28 blog post, Davin Finzer, the co-founder and the chief executive officer of the OpenSea NFTmarketplacee, confirmed that they had been served with a legal notice by the United States Securities and Exchange Commission (SEC) that claims NFTs in its platform are securities. The fate of creators and artists now lies in the corridor of justice. OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities. We're shocked the SEC would make such a sweeping move against creators and artists. But we're read...

Crypto downturn sees BTC touch $58k;Bitcoin Dogs fluctuates

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Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived more than 6% in the past 24 hours to trade near $58,000. The crypto market capitalization also tumbled as a sea of red engulfed altcoins Major altcoins saw huge declines to push the total market cap down more than 7% to $2.16 trillion. Meanwhile, Bitcoin Dogs fell sharply as Ethereum, Solana, Pepe, and Polygon nosedived. Bitcoin slumps amid huge liquidations BTC briefly traded at lows of $58,090 on Bitstamp and $58,025 on Coinbase on Wednesday morning before a slight recovery pushed it to above $59.2k. While there hasn’t been a clear catalyst for the crypto sell-off, the widespread losses suggest a broader weakness for risk assets.  Santiment Analysis also suggests the latest retracement follows huge bets on upside momentum. The greed that hit the market on August 25 has seen a swift reaction in liq...

Nasdaq Announces SEC Filing to Start Trading Bitcoin Options

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Notable stock exchange Nasdaq has announced a recent filing with the US Securities and Exchange Commission (SEC) to launch Bitcoin options. The Nasdaq Bitcoin Index Options would allow the trading of options that are connected to the price of BTC. The announcement makes Nasdaq the second stock exchange to seek such a product. In May, the New York Stock Exchange announced its plans to list a Bitcoin index option. Indeed, the move solidifies the rising prevalence of the leading cryptocurrency in finance. JUST IN: Nasdaq seeks SEC approval to start trading #Bitcoin options. — Watcher.Guru (@WatcherGuru) August 27, 2024 Also Read: Missed the Internet Boom? Don’t Miss Bitcoin’s Explosive Growth! Nasdaq Files to Launch BTC Options in Notable Move 2024 has proven to be the year of Bitcoin. The token became the first crypto-based ETF in the United States in January of this year. Since then, its prominence has only been increasing. Now, a second major stock exchange has sought to help inve...

Ethereum in Classrooms: Argentina’s Bold Move Sparks Crypto Revolution

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Ethereum is making waves in Argentina’s education system. The country is taking a bold step to bring blockchain technology into high school classrooms. This initiative is led by Argentina’s Ministry of Education and the ETH Kipu Foundation. It aims to prepare students for the digital economy. Also Read: Shiba Inu: SHIB Is Gradually Rising To Claim $0.00006 – Here’s When? Argentina Crypto Education: How Ethereum is Transforming High School Learning Argentina’s education ministry and ETH Kipu are working together on this project. It’s a big step for blockchain adoption. From August 27, high school students in Buenos Aires will start learning about Ethereum and blockchain technology, marking a significant advancement in Ethereum education. BREAKING: Ethereum and Solidity are now formally integrated into high school education programs in Buenos Aires High schools students will learn to write #Ethereum smart contracts Vamos Argentina! pic.twitter.com/i3Wz5OrFEq — Bankless (@BanklessHQ...

Base Dawgz Presale Ends In 2 Days, $3 Million Raised - Best Meme Coin ICO to Watch?

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Base Dawgz , a meme coin project featuring a base jumping Shiba Inu as its mascot and developed on the Base blockchain, will end its presale in two days.  With over $3 million raised to date, what will Base Dawgz's future look like once it goes live on the price charts? What is Base Dawgz? The official whitepaper describes Base Dawgz as a “revolutionary” crypto project for those who thirst for adventure. Portrayed by a Shiba Inu wearing base-jumping gear, it offers users a multi-chain experience as it is accessible through Ethereum, Solana, Binance Smart Chain, Avalanche, and Base Chain.  The project leverages advanced blockchain technologies - Wormhole and Portal Bridge, to establish its presence across multiple chains.  Gamifying Social Media Participation Through “Be Social for Airdrop” Base Dawgz aims to become the meme coin community unifier through several community-centric use cases, including “Be Social for Airdrop....