Posts

Shiba Inu: Here's When BONE Could Rally 240% And Hit $3.2

Image
Shiba Inu’s (SHIB) governance token, Bone ShibaSwap (BONE), has witnessed a 1.3% rally in the daily charts, a 6% rally in the weekly charts, and nearly 60% over the previous month. However, the asset is still down by 20.5% in the 14-day charts and over 21% since March 2023. Source: CoinGecko Also Read: Shiba Inu: How Much SHIB is Needed To Make $1 Million at $0.05? BONE is also the gas token for SHIB’s Shibarium layer-2 network, making it a central part of the SHIB ecosystem. Despite the correction, some analysts anticipate BONE to reclaim the $3 mark soon. When will Shiba Inu’s BONE token hit $3.2? Source – Shiba Inu According to CoinCodex, Bone ShibaSwap (BONE) will witness a massive rally over the next few weeks. The platform anticipates BONE to $1.2 by the end of this month. Moreover, CoinCodex predicts BONE to hit $3.23 by Apr. 19, 2024. Reaching $3.23 from current levels would translate to a growth of about 243%. Source: CoinCodex Tele...

SEC Legal Campaign Against Ethereum is Likely to Fail Says A16z

Image
With news arriving yesterday that the US Securities and Exchange Commission (SEC) enacted a legal campaign against Ethereum, Andreessen Horowitz (A16z) has predicted the effort to fail. Specifically, the venture capital firm’s Global Head of Policy, Brian Quintenz, noted that ETH’s status as a non- sec urity would ultimately prove the probe to fail. The Ethereum Foundation, the Swiss-based non-profit that supports the network, was revealed to be facing a government inquiry yesterday. Subsequent reports identified the action as part of a concerted effort from the SEC. Altogether, it appears to be an attempt to curtail Spot Ethereum ETF approvals this year. Also Read: SEC Pursuing Legal Campaign to Classify Ethereum as a Security A16z Says Ethereum is Not a Security, Expects SEC Campaign to Fail The last 24 hours have been rather eventful for the Ethereum ecosystem. Specifically, it finds itself as the latest digital asset entity in the crosshairs of the SEC. Fol...

Bitcoin Pullback Has Ended? Analyst Declares “Worst Is Over”

Image
After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent.  However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time high last week when it surged beyond $73,000. Bitcoin Correction Has Bottomed Out With Bitcoin surpassing its previous all-time high and rising even further to set a new peak of $73,000, March has been a momentous month for the cryptocurrency. And following the recent recovery, several cryptocurrency experts and traders believe that the recent price correction has reached rock bottom. Related Reading: Hold Your Horses: ‘Buying The Crypto Dip Is Still Too Early’ Warns Top Analyst — Here’s Why Crypto analyst and enthusiast, Crypto Jelle has offered a positive prediction regarding the price action of Bitc...

Ripple XRP: Whales Dump 25 Million Coins Amid Price Drop

Image
Whales are reacting to Ripple XRP’s recent price drop, dumping 25 million coins to a new wallet amid XRP’s slump. According to data from Whale Alert, an XRP whale shifted 24.7 million XRP, worth $15.04 million, to a Luxembourg City-based centralized exchange, Bitstamp. After a promising start to March, XRP is down $0.6022 in the past week. It is widely known that XRP has significantly underperformed compared to the broader crypto market. This is largely due to the ongoing lawsuit between the US Securities and Exchange Commission (SEC) and Ripple, which has cast uncertainty over XRP’s regulatory status. Also Read: Ripple Slumps Amidst Market Crash: Can XRP Hit $0.7 This Weekend? However, today’s compromise between the SEC and Ripple Labs may prove crucial for the near future of XRP. Already today, XRP has rebounded to over $0.60. XRP still has ways to go to mimic the climb the asset saw in early March, but it’s not improbable. The latest whale m...

Garantex reportedly tied to violent Russian debt gang and KGB successor

Sanctioned crypto exchange Garantex has ties to violent debt collectors, a convicted gang leader, and a Russian state oil company, according to an international body of journalists. Estonian newspaper The Eesti Ekspress and the International Consortium of Investigative Journalists (ICIJ) discovered that the death and replacement of one of Garantex ’s shareholders precipitated the installation of a new shareholder with links to the Kremlin and Russia n state oil.  The probe, published last week, also found that operators of Garantex’s Russia app and crypto educational arm jointly own a debt collection agency alongside a convicted gang leader guilty of violent extortion schemes.  Russian founder of sanctioned exchange Garantex starts Tether desk Read more: US sanctions Russia n woman for laundering oligarch funds with crypto In addition, Garantex reportedly sent $238 million worth of bitcoin to wallets controlled by illegal darknet operators and $15 million worth of crypto to w...

Bitcoin Price Crashes To $60,800: Is The Worst Over? Experts Weigh In

Image
Bitcoin has experienced a sharp decline from its March 14 high of over $73,600 to today’s low of under $60,800, translating to a -17% loss in value. This significant drop has prompted a flurry of activity on social media platforms, particularly X (formerly Twitter), where crypto experts have been fervently discussing the potential reasons behind this downturn and speculating on what the future holds for the world’s leading cryptocurrency. Unpacking The Bitcoin Crash: Expert Opinions Alex Krüger, a respected figure in both macroeconomics and crypto, was quick to identify the primary factors contributing to Bitcoin’s price collapse. According to Krüger, the crash can be attributed to several key factors: excessive leverage in the market, Ethereum’s negative influence on overall market sentiment due to ETF speculations, a notable decrease in Bitcoin ETF inflows, and the irrational exuberance surrounding Solana memecoins, which he refer...

Currency: What’s Happening With the US Dollar and Nigerian Naira?

Image
In Nigeria, the dominance of the US dollar is now facing a challenge. The region’s national currency, the Naira is now putting up a robust front, battling the dollar in a new interesting development.  The Naira is expected to rebound by 25% against the US dollar by the end of 2024, according to a Bloomberg report. If the Naira supremacy continues, the US dollar will loosen its grip in Nigeria, encountering another dent in its colossal global prestige.  Also Read: BRICS: Morgan Stanley Issues Major Warning About US Dollar and Stocks Naira Up, Dollar Down: What’s Going On? Source: kahawatungu.com Analysts at Goldman Sachs have come up with a new forecast for the Nigerian Naira. Analysts have predicted the Naira’s rising dominance in the region. The firm is expecting USD/NGN to rally up to 25% by the end of 2024.  Similarly, the analysts at Standard Chartered and Citigroup Inc. have echoed similar projections, anticipating the Naira to rebound s...

BRICS Urges Middle East To Ditch US Dollar For Oil Trade

Image
BRICS member Russia is urging countries in the Middle East to stop accepting the US dollar for Oil payments. Russia n President Vladimir Putin is hitting out at the US for pressing economic sanctions against the country. The White House sanctioned Russia after it invaded its neighboring country Ukraine in February 2022. Russia has been reeling under severe economic pressure since then as the inflow of funds through direct trade has dried up. Also Read: BRICS Provides Update On The New Currency Notwithstanding the sanctions, Putin has called for the Middle East to deliver a tit-for-tat outcome against the US. He urged oil-producing countries, including BRICS nations Egypt, and the UAE to not accept the US dollar for oil payments. Russia's President Putin says if oil producers in the Middle East stop using the US dollar, it will be the end of the dollar. pic.twitter.com/FoRQalPCg6 — BRICS (@BRICSinfo) March 17, 2024 Also Read: BRICS : US Dollar Losing ...

Zodia Custody secures TCSP license in Hong Kong

Zodia Custody (HK) has received the Trust or Company Service Provider (TCSP) license. The Standard Chartered-backed digital assets custody platform will offer regulated services to institutional clients. Zodia Custody (HK), a Crypto custody solutions provider, has received the Trust or Company Service Provider (TCSP) license . The license allows the Standard Chartered-backed digital assets custody provider to bring its services to the Hong Kong market, according to details in a company news report. This pivotal milestone allows Zodia Custody (HK) to solidify its position within the crypto space, it added. Zodia Custody targets Hong Kong market Zodia Custody’s targeting of the Hong Kong market comes as the region looks to enhance their global standing as a digital assets hub. The various initiatives include the push for proper licensing of crypto firms and the reported pursuit of spot Ethereum c exchange-traded funds (ETFs). The company recently ap...

Triple-Digit Gains Incoming? Best Undervalued Altcoins to Watch

Image
The recent downtrend in Bitcoin's price led to significant cryptocurrency liquidations worth millions. While this event shook many in the industry, it also opened up opportunities. As Bitcoin takes a pause, several undervalued altcoins may be on the brink of solid gains, especially given their soaring potential. Exploring these undervalued assets can shed light on the space's resilience amidst challenging times. Step App (FITFI): Fitness and Finance Fusion Imagine a world where your daily run or walk not only boosts your health but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session ! As a trailblazer in the FitFi realm, Step masterfully blends physical fitness with financial savvy, catering to health enthusiasts and crypto fans alike. Regardless of your experience with Web3, managing your earnings is effortless. And for those looking to boost their earnings, subscriptions are there to amplify your rewards and personal...

Unlocking Hidden Potential - Top Cryptos with Skyrocketing Futures

Image
Bitcoin's recent price dip triggered significant cryptocurrency liquidations. Amidst this turmoil, some cryptos prove resilient, showcasing bright futures ahead. Our article "Unlocking Hidden Potential - Top Cryptos with Skyrocketing Futures" sheds light on these shining stars, providing relevant insights in the current, volatile market environment. Step App (FITFI): Fitness and Finance Fusion Imagine a world where your daily run or walk not only boosts your health but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As a trailblazer in the FitFi realm, Step masterfully blends physical fitness with financial savvy, catering to health enthusiasts and crypto fans alike. Regardless of your experience with Web3, managing your earnings is effortless. And for those looking to boost their earnings, subscriptions are there to amplify your rewards and personalize your in-app experience. Transform Your Steps into Tan...

Massive sell-off alert: Arbitrum to unlock $2 billion worth of ARB

Image
Arbitrum (ARB) investors have a challenging week ahead with a possible sell-off of over $2 billion in its token. This is part of Arbitrum’s unlocks from the Genesis distribution, summing up to the usual proof-of-stake (PoS) issuance. On March 16, vesting contracts will release 1.11 billion ARB worth $2.06 billion at press time prices. Finbold retrieved this data from TokenUnlocksApp on March 15. Notably, this is one of the platform’s largest single unlocks ever registered. Arbitrum also dominates the total cliff unlocks of $2.39 billion for the next seven days by over 76.6%. Picks for you Cryptocurrencies under $1 to buy next week 15 mins ago This Cardano competitor is ‘waking up,’ threatens bullish breakout at $80  1 hour ago How much is the creator of Ethereum worth ? – Vitalik Buterin's net worth revealed 3 hours ago Ripple v. SEC case update: Timeline revealed for crucial XRP briefing 4 hours ago Cliff unlock s next 7D: Arbitrum...

Top 3 Cryptocurrencies That Can 5x in March

Image
As the crypto market continues to ride a wave that sees prices reaching 2-year highs, many cryptocurrencies are looking to surge in multiples in price. Three crypto assets stand out as potential candidates to lead the March surge: WIF; BONK; and PEPE. If you are looking for profits, read on to learn about how these three cryptocurrencies can surge 5x by the end of March. While the market’s bull run has begun to slow down, market analysts predict a quick rebound towards the end of March leading into April 2024. Focusing on the present though, here are some of the best choices to invest in if you decide to push for profits this month. Also Read: Cryptocurrency: 5 Coins You Should Buy For The Bull Run DogWifHat: The Shiba Inu-Inspired Cryptocurrency DogWifHat is one of the newest dog-inspired meme coins on the market, and it has performed extremely well to this point. At the time of writing, WIF is trading at $3.26. The coin is up 23% in the last 24 hours, and $3.25 in t...