[ad_1] A recent update has revealed that the Shiba Inu team has been hard at work behind the scenes getting everything in place for the blockchain launch of SHIB Eternity, despite the recent downturn in the price of SHIB. According to a social media post by Lucie, a prominent member of Shiba Inu’s development team, the long-awaited blockchain version of the SHIB Eternity game is set to launch very soon. Another exciting update is the upcoming launch of TREAT tokens, which will play a big role in SHIB Eternity. Lucie is the marketing lead for Shiba Inu’s development team. What…
Author: dfrancis36
[ad_1] A widely followed trader and analyst says that blue skies are ahead for a large-cap altcoin even amid a marketwide correction. The trader pseudonymously known as Altcoin Sherpa tells his 217,300 followers on the social media platform X that the native token of layer-1 blockchain Toncoin (TON) is in a strong uptrend after hitting an all-time high (ATH) of $8.25 on June 14th. “This still looks incredibly strong… TON: still one of the strongest charts in crypto.” Source: Altcoin Sherpa/X Toncoin is trading for $8.10 at time of writing, up more than 3% in the last 24 hours. Next…
[ad_1] Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On Friday, June 14th, the BTC price fell to around the $65,000 level — its lowest level in nearly a month. Bitcoin Miners Offload Over 1,200 BTC In One Day In a recent post on the X platform, crypto analyst Ali Martinez revealed that Bitcoin…
[ad_1] Dogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water. After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since late May. Analysts are carefully keeping tabs as the canine crypto approaches a critical support level, with its future hinging on a tug-of-war between bullish and bearish forces. Related Reading Descending The Price Ladder: A Sign Of Weakness? Technical analysis paints a worrying picture for WIF. The descending channel pattern, characterized by lower highs and lower lows, indicates sustained…
[ad_1] Following the approval of the Ethereum spot ETFs (exchange-traded funds), potential issuers have had to wait for the trading debuts of their products. This has led to much commentary and speculation on the possible date for the final approvals of the Ether ETFs. Bloomberg analyst Eric Balchunas is the latest personality to predict when the Ethereum spot ETFs could begin trading in the United States. Why Ethereum Spot ETFs May Start Trading By July 2 In a recent post on the X platform, Balchunas put forward July 2, 2024, as the new projected date for when the spot Ethereum…
[ad_1] The global Exchange-Traded Fund market is poised for a meteoric rise, with analysts predicting a staggering growth by 2035. This translates to a projected asset value of a whopping $35 trillion, dwarfing the current figure of $13 trillion. Eric Balchunas, Senior ETF Analyst for Binance, believes this surge is inevitable, driven by the inherent appeal of ETFs and the exciting new frontier of crypto-based offerings. Low Costs, High Liquidity: A Recipe For Investor Attraction ETFs have long been a darling of investors due to their inherent advantages. Unlike actively managed funds with hefty fees, these types of funds boast…
[ad_1] In a remarkable achievement for the Shiba Inu ecosystem, Forbes, the world’s leading business media magazine has featured the doggy-themed meme coin, SHIB in a recent article. The media company lauded Shiba Inu for its impressive accomplishments, highlighting key developmental milestones fulfilled by SHIB in the crypto industry. Shiba Inu Appears In Forbes Magazine “All hail Shiba Inu, cutest of all the dogs!” Forbe declared in its magazine. On June 11, Sandy Carter, the COO at Unstoppable Domains featured Shiba Inu in a Forbes piece dedicated to some of the industry’s most popular meme-based cryptocurrencies. The Forbes article, which…
[ad_1] Dogecoin has observed a plummet of 11% over the past week, but this decline may not continue further, as DOGE is now just above a major on-chain support block. Dogecoin Is Now Just Above A Major On-Chain Demand Zone According to data from the market intelligence platform IntoTheBlock, DOGE is currently above a zone of significant on-chain demand. In on-chain analysis, “demand zones” refer to price ranges in which many investors buy their coins. Related Reading These zones are determined using blockchain data; the average price at which an address receives deposits is considered its cost basis. Below is a…
[ad_1] The US presidential candidates are looking for crypto voters’ support as the elections approach. The Biden administration recently took a 180-degree turn on its stance on digital assets. This change of gears was seemingly fueled by Republican Candidate Donald Trump’s endorsement of digital assets during his campaign. However, Billionaire Mark Cuban believes the Securities and Exchange Commission (SEC) crackdown on the crypto industry might cost US President Joe Biden the election. Has The SEC Ruined Biden’s Chance At Reelection? On Thursday, Mark Cuban criticized the SEC’s chairman, Gary Gensler, during Coinbase’s State of Crypto Summit 2024. The crypto advocate…
[ad_1] Crypto analyst Sebastian has outlined why he believes Cardano (ADA) could rise to as high as $3 this year. The developments the analyst highlighted undoubtedly paint a bullish picture for the crypto token. However, it remains to be seen how Cardano will react, given that it is currently one of the worst-performing crypto assets this year. Why Cardano’s Price Is Posied To Reach $3 This Year Sebastian mentioned in an X (formerly Twitter) post four reasons he believes Cardano will reach $3 this year. First, he mentioned Cardano’s partnership with Argentina. The Cardano Foundation recently announced its partnership with…