[ad_1] Shiba’s Inu lead developer, Shytoshi Kusama has disclosed his ambitious plans for Shiba Inu (SHIB). His vision for the crypto project involves multifaceted approaches including market capitalization growth and technological advancement. Shiba Inu Targets Trillion Dollar Milestone In his first exclusive interview with Arabian Business, Kusama shared a rare glimpse of his life before becoming Shiba Inu’s lead developer, clarifying that contrary to speculations, he was not SpaceX and Tesla CEO, Elon Musk. The Shiba Inu developer also threw light on his future plans for Shiba Inu, emphasizing the ultimate goal of transforming Shiba Inu into the first trillion…
Author: dfrancis36
[ad_1] This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Halvings are always looked at as seminal events, a demarking of the end of one era and the beginning of a new one. In the same way that Americans come out of the woodwork to clamor over the new set of presidential candidates in the election cycle, Bitcoiners come flooding out to celebrate the successes of the past block reward epoch and look forward to the possible successes of the next. I would argue that this halving, it is imperative to…
[ad_1] Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5. At the moment, analysts continue to roll out observations and predictions that suggest that Bitcoin may soon pull off a market rebound and perhaps eventually embark on a highly-expected bull run. Bitcoin’s ‘Rare’ Underperformance Hints At Possible Bullish Rebound In an X post on Friday, prominent blockchain analytics company Santiment provided some intriguing insights into Bitcoin’s recent price behavior. Santiment stated Bitcoin is largely…
[ad_1] Popular cryptocurrency advocate and US Senator Cynthia Lummis has once again pushed for the adoption of Bitcoin as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption came as the senator also kicked against the creation of a central bank digital currency (CBDC) for the American people. Bitcoin Reserve Can Help Strengthen The Dollar, Lummis Says In an interview with Fox TV Station on Friday, Lummis reiterated her endorsement for the use of Bitcoin as a reserve asset to back the value of the US dollar. The senator from Wyoming stated the adoption…
[ad_1] One leading crypto strategist thinks that a dog-themed Solana (SOL)-based memecoin is headed to much lower prices. In a new video, pseudonymous analyst Credible Crypto tells his 55,500 YouTube subscribers that dogwifhat (WIF) likely has not yet formed a market bottom. “I do think that we could see some sort of a dead cat bounce here, but I don’t quite think that the downside is yet done.” Source: Credible Crypto/YouTube Looking at his chart, the trader suggests that WIF could correct to as low as $0.80 with price bounces along the way. WIF is trading for $1.60 at time…
[ad_1] Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and…
[ad_1] A widely followed crypto analyst thinks that one memecoin is gearing up to soar to higher levels later this year. The analyst pseudonymously known as Altcoin Sherpa tells his 217,700 followers on the social media platform X that he remains long-term bullish on Dogecoin (DOGE) despite its ongoing downtrend. However, Altcoin Sherpa warns that DOGE is currently in deep bear territory after going below its 200-week exponential moving average (EMA). “DOGE: I still think that this will do big numbers later this year but man, this is painful. Retraced the majority of its move before and headed back to…
[ad_1] According to the latest on-chain observation, gas fees on the Ethereum network have fallen to their lowest level in nearly two months. How will this impact the price of ETH? Ethereum Network Activity Wanes Ahead Of Spot ETF In a new Quicktake post, a pseudonymous analyst revealed that the activity on the Ethereum network has been on a decline, with gas fees touching their lowest level in recent weeks. This comes despite the upcoming approval and launch of the Ethereum spot ETF (exchange-traded fund). According to data from CryptoQuant, the ETH average gas fees (Gwei) have dropped to their…
[ad_1] Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Related Reading Bitcoin Halving: A Gateway to Altcoin Prosperity? Bitcoin usually undergoes a Halving every four years, and this major event halves the block reward for miners in half. This fall in supply has normally triggered a bullish rally not only for Bitcoin but also…
[ad_1] In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder of its 3,846.05 BTC stash worth approximately $223 million to Flow Traders and 139Po, likely for over-the-counter (OTC) services. As a result, Arkham’s platform reveals that the government’s wallet now stands empty, with zero BTC remaining, as seen in the image below. Related Reading…