Analysis Daily News TheBitTimes.com

Despite emerging as a hot topic in the crypto -verse, Shiba Inu has faced its share of ups and downs lately. The latest market fluctuations have clearly hit hard. SHIB noted a major drop of 22.73% over the last 30 days. While it has seen some recovery, surpassing the $0.000024 mark remains a prominent hurdle. At press time, SHIB was trading at $0.00002397 with a 1.41% daily surge. Meanwhile, SHIB stood as the 11th largest cryptocurrency with a market cap of $14.51 billion. Source Also Read: Shiba Inu: Here’s When SHIB May Reclaim Its Peak of $0.000086 Amid these challenges, the Shiba Inu network has been moving beyond the price aspect. The community has unveiled a game-changing plan. Shiba Inu’s marketing lead, Lucie, recently announced a strategic expansion initiative to broaden the ecosystem’s horizons. Central to this move is ShibaSwap, the decentralized finance [DeFi] platform synonymous with Shiba Inu, which is poised to expand to both Ethereum and S...

With the BRICS economic alliance set to implement a digital asset of its own, could Ripple (XRP) be set to benefit from its impending stablecoin launch? Russia’s Deputy Foreign Minister Sergei Ryabkov has recently discussed a native stablecoin for the alliance in order to continue combating the US dollar. Moreover, Ripple could be set to benefit from the impending arrival. The company has long been one of the most important cross-border payment providers. Subsequently, the economic collective could rely on Ripple ’s settlement platform for its ongoing foray into digital assets. Source – PYMNTS.com Also Read: Trump Unveils Plan To Crush BRICS , Boost US Dollar Ripple Platform Could Be Vital for BRICS Stablecoin Launch Over the last year, the BRICS economic alliance has not been shy about its quest for global multipolarity. That goal has often leaned on the collective’s de-dollarization efforts. Specifically, it attempts to lessen international relian...

The Panda Swap price rose 33% in the last 24 hours to trade at $0.01245 as of 11:54 p.m. EST on trading volume that dropped 64% to $1.2 million. This comes days after the token acquired its first exchange listing on MEXC, as it continues to garner attention in the crypto space. Panda went live on @MEXC_Official yesterday! This is another huge step forward for the project and will bring great exposure to us in the medium term. Today, we are trending no.4 in the world on @CoinMarketCap, above @Bitcoin! Also, how do you like our gold tick? We think… pic.twitter.com/K1mX4tCs1S — Panda Swap (@PandaSwapSol) April 25, 2024 Panda Swap Price Set To Soar Over The $0.01269 Resistance PANDAUSD Chart Analysis Source: Geckoterminal.com The Panda Swap price entered a downtrend at the start of April, dropping to the $0.0070 support level. However, this support enabled the bulls to drive the price up towards the $0.0160 resistance. The bears then drove the price down to a retra...

Apr 29, 2024 at 16:30 // Price Author Coin Idol The price of Bitcoin (BTC) has fallen sharply after reaching the $68,158 mark on April 22, 2024. Long-term forecast for the Bitcoin price: bearish Since the drop on April 13, 2024, buyers have failed to keep the price above the moving average lines. On April 17, Bitcoin fell to a low of $59,810. The bulls then bought the dips and rallied the price to its high of $68,158 but were halted by the 50-day SMA. The setback indicates the resumption of selling pressure. At the time of writing, Bitcoin has fallen to a low...

New data from blockchain-tracking service Lookonchain reveals that the founder of Tron (TRX) is gobbling up hundreds of millions of dollars worth of Ethereum (ETH) as the crypto market goes through a correction. In a new thread on the social media platform X, Lookonchain says that Justin Sun, who founded Tron in 2017, has accumulated a total of 176,117 ETH worth $559.7 million since April 8th, at an average price of about $3,170 per token. Last week, Lookonchain spotted a wallet address possibly associated with Sun withdrawing thousands of ETH from the crypto exchange Binance. “0x4359 (possibly Justin Sun) withdrew 7,128 ETH ($22.34 million) from Binance again… and he had bought 154,570 ETH ($492.23 million) at $3,177 since Apr 8th.” Source: Lookonchain/X The on-chain surveilling platform also previously noted that another address possibly associated with Sun withdrew about $96 million worth of the stablecoin Tether (USDT) and $23.3 million worth of Ethere...

In a sobering Analysis for cryptocurrency enthusiasts, veteran trader Peter Brandt casts doubt on the continuation of the current Bitcoin (BTC) bull run, suggesting that a possible peak has already been reached with serious retracements potentially on the horizon. This assessment, deeply rooted in historical price cycle data, presents a grim outlook for the near future of Bitcoin‘s market value. Historical patterns and exponential decay Brandt’s detailed Analysis examines the diminishing momentum seen across Bitcoin’s previous bull cycles. According to Brandt, each cycle since Bitcoin’s inception has experienced a sharp decrease in exponential growth, culminating in what he describes as ‘Exponential Decay’. Picks for you Opportunity? Silver to face historical deficit as industrial demand grows 1 hour ago Buy signal for Ethereum as gas fees drop to 6-month low 2 hours ago 'Real damage' incoming: Recession probability' ...

Shiba Inu [SHIB] has undoubtedly emerged as a prominent beacon of innovation in the crypto -verse. It has transcended its origins as a mere meme cryptocurrency and has established a multifaceted ecosystem. With a lot to look forward to, Shiba Inu has revealed its bold roadmap for 2024 and 2025 further signaling a new chapter in its evolution. The marketing lead of the Shiba Inu ecosystem, Lucie took to X and shared a glimpse of what’s in store in the coming year. At the forefront of these updates sits ShibaSwap, the decentralized exchange [DEX] pivotal to the ecosystem’s functionality. She even went on to reveal 1.75 and 2.0 versions of ShibaSwap which is expected to roll out during the upcoming cycle. ShibaSwap 1.75 spearheaded by lead developer Shytoshi Kusama will precede ShibaSwap 2.0. It aims to refine the DEX’s functionality and streamline trading for users. Alongside this, enhancements like Shiba Hub, an app are also slated for the introduction. It is descri...

The Bitcoin price managed to print a slight gain in the last 24 hours to trade at $64,183.60 as of 5:40 a.m. EST as investors slowly buy into the largest crypto by market cap. BTC’s flat trading might not last for long. Former BitMEX CEO Arthur Hayes predicts the crypto market could see a “re-acceleration” of its bull market due to a potential shift in the US economy.  Moves led by Treasury Secretary Janet Yellen might lead to a $1.4 trillion liquidity injection, Hayes said in an Apr. 26 X post . This additional capital could lift riskier asset classes, including cryptos. The Bitcoin Price Loses A Key Support 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price dropped below the $65,104.05 support in the past 48 hours and has not been able to recover back above this point since. Bulls attempted to push the leading crypto’s price back above this key level over the last 24 hours, but sellers have managed to prevent any significant moves. ...

The Rollbit Coin price jumped by 5% in the last 24 hours and 18% in the past week to trade at $0.1331 as of 4 a.m. EST on trading volume that skyrocketed 38% to $2.71 million. The surge comes as RLB migrates from Solana to Ethereum on May 1, something its developer says ”has long been the most requested upgrade we make to RLB,” and adding that ”we felt that being on Solana restricted RLB’s growth.” As a quick reminder, the cutoff date to migrate your $RLB from Solana to Ethereum is May 1st! All Rollbit Coins on Solana after May 1st will be burned! Learn more about the migration:https://t.co/sNwbLIfxOs pic.twitter.com/sqUodW2Qy3 — Rollbit (@rollbitcom) April 17, 2024 Can the shift help the RLB price maintain its momentum, or is it too late to get into the crypto gambling giant? Rollbit Coin Price Prediction The Rollbit Coin price soared last week, but most of the token’s price increase occurred between April 16 and April 20. During this...

Samourai Wallet has had its website seized, its app removed from the Google App Store, and two of its lead developers — Keonne Rodriguez and William Lonergan Hill — arrested. According to a press release from the Department of J US tice ( DoJ ), 35-year-old Rodriguez and 65-year-old Hill helped to move $100 million worth of laundered funds and facilitated over $2 billion worth of unlawful transactions. Samourai Wallet, a cryptocurrency mixing service, was well-known in the industry for its abrasive social media presence and for flouting rules and regulations. It also welcomed Russian oligarchs to the platform when US sanctions began. According to Rodriguez’s LinkedIn profile, he’s an Oxford graduate, and Hill says he attended the French National Conservatory of Arts. The pair are listed as directors of a now-dissolved UK company called Katana Cryptographic LTD and both claim to have held positions at a company called Consign Holdings AB. Read more: Vitalik B...

This article provides a comprehensive list of the best cryptocurrencies to buy and valuable insights into their potential value. Adding these options to your watchlist lets you stay informed of potential investment opportunities in the days ahead. The current trend in the crypto market indicates an upcoming bullish phase. Identifying these potential opportunities is vital for strategic investment decisions. This article delves into particular cryptocurrencies anticipated to experience substantial growth, highlighting the factors driving their potential surge. Best Cryptocurrencies to Invest in Right Now 5th Scape has recently hit a significant milestone in its Initial Coin Offering, exceeding $5.5 million. Furthermore, TIA maintains a position above the 200-day simple moving average, signaling a favorable trend in trading. Also, Theta Network has seen remarkable growth lately, with its price soaring by 149.39% year-to-date. TRON, currently valued at $0.1138 with a 1.41% increase to...

Shiba Inu (SHIB) has made a name among young investors looking to make it big in crypto. The dog-themed project has turned several early investors into multi-millionaires and, in some cases, billionaires. Although SHIB has been in a downward trajectory after hitting its all-time high of $0.00008616 in October 2021, fans and investors are hopeful the asset will gain momentum again. Also Read: Shiba Inu Forecasted To Reach 1 Rupee 46 Paisa in India: Here is When SHIB fans and investors have long pursued the $0.01 (one cent) target. Many are hopeful they can settle down for life if SHIB achieves this feat. You will need 100000000 tokens (100 million tokens) to have one million dollars worth of SHIB at $0.01 per coin. The price of 100 million SHIB right now is about $2699. If SHIB hits $0.01, the portfolio’s value will skyrocket by about 36,950%. When will Shiba Inu (SHIB) reach $0.01? While there is a lot to gain from SHIB reaching its one-cent target, the journey there ...

Dogecoin is one of many meme coins that were expected to surge post-Bitcoin halving. However, that boom has yet to come within the first days after the event. Trading volume for Dogecoin is down nearly 15% in the last 24 hours. In terms of price, the coin is also only up 4% in the past week. With DOGE failing to have an instantaneous surge, some holders are worried that they bought into the dip and won’t see their post-halving profits realized. Will the asset see any boom, or was the Bitcoin halving too big of a risk for investors? Will Dogecoin Still Surge Post-Bitcoin Halving? Image Source: WatcherGuru Dogecoin is trading at just over $0.16 at press time. Many price predictions expected a monstrous surge for altcoins and meme coins, including DOGE. However, that jump seems to be delayed. Some expectations include DOGE reaching $1, others as high as $2. The coin remains stagnant but fortunately hasn’t slid down. If trading volume begins to rise again, this c...