[ad_1] The Shiba Inu price has closely followed Dogecoin, considering that the two are the largest meme coins by market cap. This has led to talks of what SHIB’s price would be if it reached Dogecoin’s market cap. What The Shiba Inu Price Will Be If It Reaches Dogecoin’s Market Cap MarketCapOf data shows that the Shiba Inu price would be $0.00004883 if it had Dogecoin’s market cap of $28.7 billion. A Shiba Inu rally to $0.00004883 would represent a price gain of over 250% from its current level. SHIB currently boasts a market cap of $11.1 billion, which puts…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products. Related Reading Ethereum ETFs See Third Best-performing Day Amid ETH’s price rally, spot Ethereum exchange-traded funds (ETFs) have recorded their best-performing day in 13 weeks. Launched in late July, ETH ETFs have seen a shaky performance in the past few months. The crypto investment products surpassed experts’ expectations during its first…
[ad_1] The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. Notably, nearly 99.45% of the EF’s crypto holdings are in Ethereum (ETH), representing 0.26% of the total circulating supply of ETH. In its report, the EF emphasized a conservative treasury management policy designed to weather market volatility and ensure the availability of resources during…
[ad_1] Este artículo también está disponible en español. XRP is gaining traction, with one well-known expert predicting an all-time high in the $4 region. XRP has joined the crypto market rally, recently reaching $0.5740, up 11% from yesterday’s price of $0.514. Bitcoin’s record-breaking surge has provided a broader market boost, and XRP is capitalizing on this momentum to drive its price higher. For many investors, this is an encouraging indicator that the altcoin may ultimately recapture its upper price points. Related Reading However, market momentum is not the only factor at play here. Analyst CoinsKid, noted for his enormous following…
[ad_1] Bitcoin has smashed through its all-time highs for the second day in a row, fueled by the recent US election results and a Federal Reserve interest rate cut of 25 basis points. Donald Trump’s victory has brought fresh optimism among investors, with many seeing his pro-business stance as a catalyst for Bitcoin’s ongoing rally. The recent rate cut, aimed at stimulating the economy, has also encouraged more capital to flow into risk assets like BTC, propelling its momentum. Data from CryptoQuant reveals that the Bitcoin Profitability Index is now at 221%—a striking figure, though still notably below the peaks…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Reports disclosed that a former CEO of the world’s biggest crypto exchange increased his wealth by a massive amount in one day. This growth is attributed by analysts to the latest results of the US elections, which allowed Donald Trump to reclaim the US presidency. $12-B Richer Former Binance Chief Executive Officer Changpeng Zhao’s wealth grew exponentially, benefitting from the positive outlook on cryptocurrency brought by Trump’s victory over US Vice President Kamala Harris, Wednesday. According to Bloomberg News, Zhao’s net worth increased by $12.1 billion in a 24-hour span. The 47-year-old billionaire now has a fortune of $52.7…
[ad_1] Este artículo también está disponible en español. A major revamp is coming to the SEC. For many reasons, this year’s US presidential elections have become the most consequential for cryptocurrency. Crypto and blockchain technology has become an election issue, with both the Republican and Democratic candidates teasing the electorate with their plans on how to handle crypto. Related Reading Between the two, incoming President Donald Trump offered a more friendly stance over crypto, promising to make the US a “crypto capital” and suggesting a change in leadership at the Securities and Exchange Commission (SEC). Now that Trump is the…
[ad_1] Este artículo también está disponible en español. The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi) ecosystem. Why Ethereum Could Outperform Bitcoin Raoul Pal, Founder and CEO of Global Macro Investor, articulated his perspective on ETH’s potential resurgence in a post that has garnered significant attention within the crypto community.…
[ad_1] As President-Elect Donald Trump prepares to assume office, the crypto industry is closely watching his administration’s potential picks for key financial regulatory positions. With promises to end the “war on crypto” initiated under the Biden administration, Trump is expected to overhaul leadership at the Securities and Exchange Commission (SEC) and other financial agencies. Will Dan Gallagher Lead The “Peace With Crypto”? According to Reuters, Trump’s transition team is considering Dan Gallagher, a former Republican SEC commissioner from 2011 to 2015 and the current Chief Legal and Compliance Officer at Robinhood Markets Inc., as a front-runner for the SEC chair…