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🔥 Shiba Inu Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength. 🔸 Shiba Inu Is Poised To Rip Through The Charts Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic move to the upside. He noted that Shiba Inu’s performance has been “unusual” over the last few days. Based on his technical analysis, he claimed that Shiba Inu is “positioned very well” on the higher time frame (HTF). On the lower time frame, the crypto analyst added that Shiba Inu has “been very strong” compared to Dogecoin, which he noted isn’t “typical.” Cold Blooded Shiller also remarked that Shiba Inu has had one of the quickest and strongest market recoveries in the last 24 hours. Indeed, Shiba Inu’s performance in the last 24 hours has been impressive. The meme coin has experienced a price gain of over 13% in the last 24 hours, which has caused it to overtake Cardano and climb into the tenth spot among the top cryptocurrencies by market cap. Crypto analyst and influencer Ansem also suggested that this is just the beginning of Shiba Inu’s price rally, stating that the meme coin is about to get “jiggy” while sharing a chart that hinted at an imminent price breakout for Shiba Inu. Shiba Inu’s rise is believed to be due to several factors, including the sentiment around the Ethereum Spot ETFs. Ethereum-based tokens are bound to benefit from the hype around these funds. Coinbase International Exchange also recently announced that it will add support for Shiba Inu perpetual on its platform starting May 30th. The recent market trend has also contributed to Shiba Inu’s double-digit rally, with meme coins arguably the leading narrative at the moment. $SHIB #SHIB

🔥 Shiba Inu Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin

Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength.

🔸 Shiba Inu Is Poised To Rip Through The Charts

Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic move to the upside. He noted that Shiba Inu’s performance has been “unusual” over the last few days. Based on his technical analysis, he claimed that Shiba Inu is “positioned very well” on the higher time frame (HTF).

On the lower time frame, the crypto analyst added that Shiba Inu has “been very strong” compared to Dogecoin, which he noted isn’t “typical.” Cold Blooded Shiller also remarked that Shiba Inu has had one of the quickest and strongest market recoveries in the last 24 hours. Indeed, Shiba Inu’s performance in the last 24 hours has been impressive.

The meme coin has experienced a price gain of over 13% in the last 24 hours, which has caused it to overtake Cardano and climb into the tenth spot among the top cryptocurrencies by market cap. Crypto analyst and influencer Ansem also suggested that this is just the beginning of Shiba Inu’s price rally, stating that the meme coin is about to get “jiggy” while sharing a chart that hinted at an imminent price breakout for Shiba Inu.

Shiba Inu’s rise is believed to be due to several factors, including the sentiment around the Ethereum Spot ETFs. Ethereum-based tokens are bound to benefit from the hype around these funds. Coinbase International Exchange also recently announced that it will add support for Shiba Inu perpetual on its platform starting May 30th.

The recent market trend has also contributed to Shiba Inu’s double-digit rally, with meme coins arguably the leading narrative at the moment.

$SHIB #SHIB

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🤔 RNDR Price Hovers Near $10: Can It Resume The Bull Run? Render (RNDR) price took support at the 20-day EMA mark and stayed close to the $10 mark. For the past few sessions, the token remained in a range and witnessed range-bound moves. However, the token sustained a bullish trajectory and is above the significant moving averages. If the token breaches the neckline hurdle of $11.50, it will reach the supply region of $13 shortly. In a recent tweet by Crypto Tony, the RNDR token price is near its range support mark of $9.80; below it, the bulls will lose their strength. 💬 Hold $9.80 is key for the bulls. Losing that and i will close my short term long — Crypto Tony At press time, the Render token price traded at $10.04 with an intraday drop of 1.23%, reflecting neutrality on the charts. It has a monthly return ratio of 28.38% and a yearly return ratio of 293.20%. 🔸 Could Render Price Skyrocket Above the $12 Mark? After a sharp uptick of over 52% this month, the buyers have paused, with the price consolidating in the last few trading sessions. Still, the token trades are in an uptrend and look bullish. The bullish trend remained intact until the downside mark of $9.20 was not breached. Conversely, a sharp upsurge may be seen if the buyer succeeds in breaking the $12 mark. Amidst the crypto market recovery, Render price action conveys the range-bound moves and stays close to the crucial support mark. The Momentum Indicator (RSI) curve stayed in the overbought zone and witnesses a negative chart divergence. 🔸 Price Volatility and Weighted Sentiment Outlook The price volatility curve spiked over 12% to 0.016, but the price remained narrow, which meant a dilemma among the investors. The weighted sentiment data remained neutral and stayed below the midline region, noting around the -0.403 mark, which means the investors are not looking confident. 🔸 What’s the Next Move for Render (RNDR)? The Render token price saved gains near the $10 mark and might reflect a retracement toward the $9 mark in the upcoming sessions. $RNDR #RNDR
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👀 Vitalik Buterin Reveals Features He Regretted When He Built Ethereum Vitalik Buterin, Ethereum co-founder and chief architect of the project, made a surprise appearance at the last event held at ETHBerlin. His unexpected debut and candid reflections on Ethereum's initial design attracted the attention of more than 600 developers. Buterin's speech not only brought back memories of Ethereum's beginnings in 2014, but also offered insight into the future of the cryptocurrency, which is now worth $448 billion. This comes at a time when the US has approved a spot Ethereum exchange-traded fund and BlackRock, the world's largest asset manager, has launched its own tokenized fund on the blockchain. Despite Ethereum's increasing mainstream penetration, Buterin noted that it is still often misunderstood. “The simple explanation is that Bitcoin is digital gold,” Buterin said. However, he argued that ETH does not have such a simple definition. During his chat with ETHBerlin organizers Afri Schoedon and Franziska Heintel, Buterin talked about his memories in Berlin and his experiences with Ethereum co-founders Gavin Wood and Jeffrey Wilcke. When Schoedon asked how he would rebuild Ethereum from scratch with his current knowledge and experience, Buterin first pointed out the problems with Ethereum's Virtual Machine (EVM). He explained that the original EVM design used 256-bit processing rather than the more efficient 64- or 32-bit. “The original design was too well suited for 256-bit,” Buterin told the audience. Buterin also expressed his regret about the switch from Proof of Work consensus mechanism to Proof of Stake in 2022. He stated that he believed that a simpler version of Proof of Stake could have been implemented sooner, saving a significant amount of computing resources. “If we had a much simpler proof-of-stake in 2018, we could have saved a huge amount of trees,” Buterin said. Buterin also said that now Ethereum would use SHA-2 for its encryption instead of the current encryption called Keccak. $ETH #ETH #Ethereum #VitalikButerin
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📣 Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development AUSTIN, TEXAS – Layer-1 blockchain Aptos (APT) said Thursday that it is integrating real-world data provider Chainlink's (LINK) Cross-Chain Interoperability Protocol (CCIP) and data feeds as part of joining Chainlink's SCALE program. The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on the network. The collaboration would make Aptos the first Move-based blockchain integrating Chainlink's services, the press release claims. As the number of independent blockchains are proliferating, communication between the different networks is posing a challenge to the digital asset economy. Chainlink is one of the key projects working on connecting these systems streaming data between them and the outside world. For example, its CCIP software played a key role in Chainlink's partnership with SWIFT, a global closed banking messaging system. Aptos, founded by former employees of Facebook parent company Meta, is a blockchain that focuses on low-cost transactions and high throughput. It was built with the Move programming language, the basis of Meta's shuttered crypto project Diem. "Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos. $APT #APT #APTOS
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👀 Rumors of CME Not Launching Solana Futures Stir Market Speculation Recent rumors suggest that the Chicago Mercantile Exchange (CME) will not launch a Solana (SOL) futures product, causing a stir in the financial markets. 🔸 Unverified Claims: CME May Not Launch Solana Futures After the Securities and Exchange Commission (SEC) approved spot Ethereum ETFs, experts began to actively speculate about the next ETF candidate. While many believe Solana could be the perfect fit, others note that filing for a spot ETF for the altcoin might be challenging because CME has not yet listed SOL futures. Meanwhile, rumors suggest that the CME may refuse to introduce SOL futures. According to a recent DB News X post, sources close to the exchange indicate no immediate plans for this. However, CME has made no official statements, leaving market participants guessing. The crypto community reacted skeptically to this post, citing the lack of a verified source of information and questioning the relevance of the rumors. 💬 “PERSON CLOSE TO CME HAS PLANS TO BUY SOL CHEAPER. Source: I made it up,” one X user commented. Nevertheless, the importance of launching SOL futures cannot be underestimated. ETF analyst Nate Geraci argues that its ETF potential hinges on establishing a Solana futures market on the CME. Without this, regulatory clarity remains elusive. James Seyffart, an ETF analyst at Bloomberg, shares that view. He noted that Solana ETF would need a futures market regulated by the Commodity Futures Trading Commission (CFTC). Additionally, the SEC currently classifies SOL as a security, complicating its path to ETF approval. However, there is still hope for a positive outcome. The recent FIT21 bill empowers the CFTC to classify certain altcoins as commodities. If the SEC reclassifies Solana, opportunities for ETF approval may arise. Geoffrey Kendrick, an analyst at Standard Chartered Bank, predicts that ETFs for cryptocurrencies like SOL and XRP might gain approval by 2025. $SOL #SOL #Solana
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⚠️ Cardano Founder Reveals Road Not Taken in Building Cardano In a recent revelation, Cardano founder Charles Hoskinson shared that he nearly built the Cardano blockchain platform using the Clojure programming language. In an X discussion, the Cardano founder recently shared a fascinating glimpse into the early decision-making process that led to the creation of Cardano. He revealed a pivotal moment: the choice between using Clojure, a dynamic and functional Lisp dialect, and Haskell, a statically typed functional programming language. However, the decision ultimately leaned toward Haskell, influenced by the potential of Cloud Haskell and the hopes of leveraging Liquid Haskell and Agda. 💬 I almost built Cardano with Clojure. We even discussed it with cognitech years ago. I chose haskell over clojure due to cloud haskell and also the hope of using liquid haskell/agda. In hindsight, it would have been an amazing journey to have written everything in clojurescript… — Charles Hoskinson Hoskinson revealed this in an X conversation with Ktorz, the Cardano Foundation technical director, as both demonstrated knowledge about various programming languages with a peculiar interest in Lisp, of which Clojure is a dialect. Despite his initial interest in Clojure, Hoskinson revealed that he chose Haskell over Clojure due to Cloud Haskell and also the hope of using liquid Haskell/agda. Cloud Haskell offers a distributed computing framework that aligns well with the needs of a blockchain platform, while Liquid Haskell and Agda provide advanced capabilities for formal verification and ensuring code correctness. In hindsight, Hoskinson reflects on the journey that could have been if Cardano had been built with Clojure.  He imagines a Cardano built entirely on Clojure, utilizing ClojureScript for client-side development and ClojureSpec for specifications and testing. Hoskinson's reflections are not filled with regret but with a thoughtful consideration of what could have been. This route, he muses, could have been an "amazing journey." $ADA #ADA #Cardano
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