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Showing posts from March, 2025

Shiba Inu Crashes 43%: Buy the Dip or Stay Away?

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Shiba Inu crash has rocked the crypto world as the popular meme coin has dipped 43% year-to-date and has actually shed all its gains it generated last year. Various major indicators have catalyzed investor concerns as, at the time of writing, the token trades around $0.00001193, rebounding slightly from a one-year low of $0.00001097. This Shiba Inu dip coincides with broader crypto market volatility that has seen Bitcoin retreat from January peaks. Through several key analytical perspectives, investor sentiment has transformed dramatically as many also wonder if this significant Shiba Inu crash represents an opportunity or perhaps a warning sign for the broader digital asset ecosystem. Also Read: SEC Delays XRP, Solana, Litecoin, Dogecoin ETFs as Bitwise Launches Bitcoin-Focused ETF Shiba Inu Crash: Market Panic or the Perfect Buying Opportunity? Source: Watcher Guru Whale Exodus Driving the Shiba Inu Crash The current Shiba Inu investment climate has been severely impacted by large to...

Compound DAO faces calls for more oversight amid conflict of interest claims

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Decentralized finance (DeFi) lending platform Compound is facing calls to onboard additional risk managers in response to a recently approved governance proposal made by current manager Gauntlet. Throwing its hat into the ring as a potential candidate, Chainrisk is calling for more transparency amongst COMP delegates and their negotiations, with a reply even pointing to an unlabeled address that may be linked to Gauntlet. In what DeFi commentator Togbe is calling “some of the griftiest stuff I’ve ever seen from Gauntlet,” Gauntlet’s proposal is for Compound to use competitor Morpho (for which Gauntlet is also a service provider) to launch new markets on the Polygon network. this is honestly some of the griftiest stuff i've ever seen from gauntlet and that is saying a lot like at least have some class and abstain from voting for yourself smh https://t.co/yOywSes9Qg pic.twitter.com/kJ96MeTs0E — Togbe (@Togbe0x) March 8, 2025 Read more: Aave could l...

Shiba Inu: $65 Worth Of SHIB Becomes $1 Million Today

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Shiba Inu (SHIB) is among the most successful crypto projects in the market. The asset has turned several early investors into multi-millionaires. The dog-themed crypto was conceived as a rival to Dogecoin (DOGE). SHIB has come a long way in its 4-year history. The asset has made quite a mark on the crypto industry. Also Read: FIFA Explores Launching ‘FIFA Coin’ to Revolutionize Fan Engagement $65 Worth Of Shiba Inu Becomes $1 Million Today Source: Watcher Guru SHIB’s price skyrocketed during the 2021 bull run. The asset’s price rose by many million percent within a few months of its launch in August 2020. If you purchased $65 worth of Shiba Inu (SHIB) on Aug. 2, 2020, the coins would have been worth $1.01 million today. Your investment would have risen by 1,554,331.31% (1.55 million percent). Source: Changelly Also Read: Pi Network’s March 14 KYC Deadline: 80% at Risk as PI Drops 16.3% SHIB hit an all-time high of $0.00008616 on Oct. 28, 2021. If you sold the $65 worth of S...

Possible Black Swan Event Incoming After Bitcoin and Altcoin Bull Trap, Says Trader – Here Are His Targets

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A widely followed cryptocurrency analyst believes Bitcoin (BTC), Ethereum (ETH) and altcoins bulls are being set up for a massive trap. The analyst and trader pseudonymously known as Capo tells his 938,800 followers on the social media platform X that the crypto market looks primed to go up to potentially form a bull trap. A bull trap is a false signal that indicates that the bearish trend is over but then the price abruptly reverses course and witnesses a deeper drawdown. According to the pseudonymous analyst, Bitcoin, Ethereum and altcoins could rally by between 10% and 50% from current levels before a rapid price reversal. “Bitcoin to $100,000 with a quick pump, Ethereum to $3,000, altcoins 10% to 50% up – bull trap soon.” Bitcoin is trading at $89,290 at time of writing while Ethereum is worth $2,205. Capo says the bull trap would lead to Bitcoin, Ethereum and altcoins correcting by double-digit percentage points, potentially triggered by a black swan even...

U.S. Strategic Bitcoin Reserve: $17.5B in BTC

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Strategic Bitcoin reserve initiatives are now, as of March 2025, positioning the U.S. as the world’s largest government holder of Bitcoin. And just recently, President Trump’s executive order established a formal stockpile of cryptocurrency, with about 198,000 BTC valued at around $17.5 billion. This strategic Bitcoin reserve could very well significantly impact Bitcoin price volatility and also reshape the cryptocurrency market impact worldwide in the coming months. Also Read: AI Predicts Bitcoin’s Price Post The Crypto Summit: Will It Hit $100K Again? Exploring the U.S. Bitcoin Reserve’s Impact on Crypto Markets Source: Watcher Guru Formation of the Strategic Reserve Source: Arkham Intelligence The strategic Bitcoin reserve was actually created through an executive order that basically mandates that all Bitcoin acquired through forfeitures must remain under federal control rather than being sold off or liquidated. And also, the Treasury Department will be tasked with...

Writing smart contracts using Solidity on BNBChain

Writing Smart Contracts Using Solidity on BNB Chain Solidity is the primary programming language for writing smart contracts on BNB Chain , offering developers a secure and efficient way to build decentralized applications ( dApps ). As an Ethereum Virtual Machine (EVM)-compatible blockchain, BNB Chain allows Solidity-based contracts to be deployed with minimal modifications, benefiting from low gas fees and high transaction speeds. To write a smart contract on BNB Chain, developers use Solidity within frameworks like Remix, Hardhat, or Truffle . A basic contract begins with defining a pragma version , followed by the contract logic, state variables, and functions. For example, a simple Solidity contract for storing and retrieving a value looks like this: // SPDX-License-Identifier: MIT pragma solidity ^0.8.0; contract SimpleStorage { uint256 private storedData; function set(uint256 _data) public { storedData = _data; } function get() public...

MultiversX poised to join tech giants with office in now revealed U.S. city

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An AI hackathon newsletter’s footer has revealed what could be the long-awaited United States office for the MultiversX Foundation. MultiversX (EGLD) is “the most technically advanced blockchain today,” although unknown in the U.S. market due to geopolitical barriers. As Micha Vie, leading operations at vLeap Group, revealed on X, the office could be set in Palo Alto, California. Palo Alto is a city known for technological innovation and as the birthplace of the worldwide-famous Silicon Valley. The information came in the footer of an AI-related hackathon organized by the MultiversX Foundation, pointing to Palo Alto. “Walking distance to giants like Tesla, Apple, Google, Meta,” Vie posted, calling it “huge” news “if true.” Picks for you Sell alert: Solana (SOL) is facing a massive crash to $60, says analyst 7 m...

Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

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The crypto market has undergone a major shift this last year. It’s grown in relevance, with access and exposure growing leaps and bounds since the start of 2024. That has only emboldened some of its greatest supporters. Among them is Mexican Billionaire Ricardo Salinas, who recently told Bloomberg he has allocated 70% of his portfolio to Bitcoin. Salinas has a net worth of $5.8 billion and is a well-known Bitcoin advocate. During the interview, he confirmed he doesn’t own a single bond and only holds shares in his own company. Moreover, he has sported efforts to increase the use of BTC in Mexico in recent years. JUST IN: Mexican Billionaire Ricardo Salinas, with a net worth of $5.8 billion, allocates 70% of his portfolio to Bitcoin. pic.twitter.com/5yo4R9M1xO — Watcher.Guru (@WatcherGuru) March 4, 2025 Also Read: Michael Saylor Says Bitcoin Market Cap is Going to Reach $200T Mexican Billionaire Ricardo Salinas Allocates Most of His Portfolio to Bitcoin There is no denying t...

Crypto market wipes out $120 million in an hour

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The cryptocurrency market has experienced heightened volatility following President Donald Trump’s announcement regarding creating strategic reserves for digital assets. This volatility has led to accelerated liquidations across exchanges. For instance, on Monday, March 3, the market saw $120 million in liquidations within an hour, coinciding with a brief drop in Bitcoin (BTC) below the $90,000 mark. On a broader scale, over the past 24 hours, total liquidations surged to nearly $1 billion, according to Coinglass data Picks for you 2 cryptocurrencies to reach a $10 billion market cap in March 1 hour ago Is the U.S. govt secretly buying Bitcoin after Trump’s crypto update? 3 hours ago ...

Why XRP’s next move is a drop to $1

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XRP has staged a short-term recovery, pushing the asset to hold its price above the $2 support level, though technical indicators are flashing warning signs.  The asset is currently forming a head-and-shoulders pattern, a bearish signal that could foreshadow a drop toward $1, according to cryptocurrency analyst Ali Martinez in an X post on March 1.  The pattern Features three peaks: the left shoulder forms after a price rally and decline, the head rises higher before another drop, and the right shoulder mirrors the left at a lower peak. The neckline acts as support, and once breached, it typically confirms a bearish trend.  Picks for you Grok 3 sets date when Bitcoin price will bottom 3 hours ago Start of bear market? Investors p...