Jonathan Carter, a self-acclaimed market technician, expects XRP to rally to $1.68 in the mid-term if it can secure a breakout from a multi-year symmetrical triangle. XRP has been trading within a downtrend since it dropped from the last cycle’s peak of $1.96 in April 2021. This trend has resulted in sustained lower highs, essentially…
As part of the massive DeFi ecosystem lies an offshoot of GameFi, a rapidly growing blockchain gaming technology that offers members a chance to earn even while participating in gaming adventures. Currently, well-known GameFi networks hold some of the most amazing gaming tokens that hold massive growth potential. Among the highly ranked game tokens are…
As the crypto landscape pulsates with fresh energy, meme coins are asserting their dominance in the market. Notably, Pepe Coin and Bonk are leading the charge, but it’s the new meme coin Raboo that’s capturing investor attention. Raboo has emerged as not just a promising newcomer but a potential game-changer in the meme coin arena,…
Nexo, a prominent institution for regulated digital assets, has reaffirmed its inclusion of Shiba Inu on its platform with an exploratory analysis of SHIB. In an update on X earlier today, Nexo reiterated its support of Shiba Inu and provided users with an in-depth analysis of the project. Shiba Inu Now a Powerful Symbol of…
Bitcoin (BTC) takes the biggest hit, as crypto-focused investment products record $251 million in weekly outflows, marking the fourth consecutive week of sustained capital exit. The ongoing market volatility has continued to impact traditional investment products linked to cryptocurrencies. According to data sourced by capital market firm CoinShares, these investment instruments witnessed a net outflows…
Prominent retail trading platform Robinhood Markets has revealed plans to challenge the U.S. SEC in court over securities allegations. Robinhood’s CEO and co-founder Vlad Tenev disclosed this yesterday, shortly after the company received a Wells Notice from the securities regulator. SEC Issues Wells Notice to Robinhood For context, Robinhood became the latest crypto-related trading platform…
Shiba Inu’s price has gained 25% since Paypal Inc. confirmed an operational partnership that would allow US customers to purchase SHIB tokens through Moonpay. Paypal Integration has triggered a 25% SHIB Price Surge. On May 2, MoonPay announced a crucial collaboration with US payments giant PayPal. The partnership’s core premise is to facilitate smooth on/off…
On May 6, Bitcoin’s price broke above $65,000 for the first time in 10 days. The recent decline in BTC supply on exchanges suggests more upside could follow as the month unfolds. Investors Shift $290M BTC as Price Surges 15% in May 2024 Bitcoin price has made a remarkable 15.7% recovery in the past week…
Famous crypto trader and analyst W3Q is looking to settle the debate regarding which meme coin is better, Dogecoin (DOGE) and Shiba Inu (SHIB). The analyst declared support for Shiba Inu, noting that the canine-themed token is greater than Dogecoin. W3Q reached a conclusion based on experiences trading both cryptocurrencies. 3 Factors Proving SHIB Is…
Shytoshi Kusama, the Shiba Inu lead developer, has hinted at a potential move towards breathing new life into the SHIB ecosystem. Kusama emerged from the shadows to issue a cryptic message that got community members pondering its intent. Just three hours ago, Kusama took to X to post a GIF bearing the inscription “EVITA.” Notably,…