Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in.
Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts. 
Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound.
Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed $2B fine, while a contingent of crypto lobbyists moves to sue the regulator.
Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports.
#BullorBear #bitcoinhalving #Megadrop #BitcoinHalvingTrends

very bad 😌#JupiterJUP #JupiterDAO #PEPEPotential🚀🐸

A history record $1.4 billion has been deposited on Coinbase 💲

#Memecoins #Dogecoin‬⁩ #SHIB🔥🔥 #PEPEGrowth
#PepeCrypto big pump

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Bitcoin (BTC)

$69,094 (0.87%)

Ethereum (ETH)

$3,877.68 (-0.91%)

Litecoin (LTC)

$87.36 (-2.56%)

XRP (XRP)

$0.609900 (-2.27%)

BNB (BNB)

$528.49 (8.36%)

Solana (SOL)

$143.79 (-1.66%)

Cardano (ADA)

$0.716524 (-3.64%)

Dogecoin (DOGE)

$0.170627 (-6.08%)

TRON (TRX)

$0.133836 (-1.67%)

Polkadot (DOT)

$10.19 (-2.83%)

Chainlink (LINK)

$20.19 (0.80%)

Polygon (MATIC)

$1.21 (6.13%)

SHIBA (SHIB)

Shiba Inu Climbs the Crypto Rankings

In Brief

Shiba Inu (SHIB) gains attention in crypto communities.

Recently entered the top ten by market value.

Analyst Rekt Capital predicts a potential reversal completion.

Technology & Populer Science News: Newslinker.co



COINTURK NEWSPublished 11 March, 2024 - 1:01 am



#SHIBA🔥
Recent Developments Shiba Inu Weekly Burn Up 9K% To 14 Million SHIB Burns 💥🔥

Amidst the flurry of progress witnessed across the Shiba Inu ecosystem this week, a massive surge in the weekly burn rate of Meme Coin seems to have garnered significant interest among crypto market enthusiasts around the world.
According to insights uncovered by tracker Shivburn, the nearly 9000% weekly increase has sparked huge curiosity among traders and investors for Shiba Inu's future price action.

Meanwhile, with a nearly 50% gain over the past week, the Shiba Inu reflected optimism in line with the continued burnout witnessed last week. A tide of optimism surrounding SHIB's possible run to the optimistic $0.0001 level has attracted considerable attention among crypto market fanatics worldwide.
#SHIBA🔥

FLOKI’s Price Soars Following Massive 190.91B Token Burn

FLOKI price soars post monumental 190.91B token burn, reducing supply and boosting market cap to $2.4B with over 17% surge.

FLOKI surges 17% post-190.91B token burn, market cap hits $2.4B.

Floki DAO's $47M token burn propels FLOKI's trading volume up 34.72%.

Valhalla game anticipation boosts FLOKI's appeal post-massive burn.

Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.

In the last 24 hours, the FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, FLOKI was up 17% from the intra-day low at press time, trading at $0.0002518. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.

Impact of the Token Burn on Market Dynamics

The choice to burn a massive amount of FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, the price experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.

#Flokibullish

$JUP next bull pump ☺️🤔

Bull Run Peak Targets : 📈🎯💰
$BTC : $150,000
$ETH : $15,000
$TAO : $2,500
$QNT : $700
$SOL : $500
$INJ : $300
$TET : $275
$RNDR : $150
$TRIAS : $100
$AGRS : $90
$LINK : $80
$AZERO : $75
$TIA : $70
$ORAI : $70
$KOIN : $50
$PROPC : $30
$NAKA : $25
$RIO : $25
$KUJI : $20
$MTRG : $20
$ZANO : $20
$FET : $18
$OCTA : $15
$RVF : $8
$PROPS : $4
$CGPT : $4
$GFAL : $3
$NXRA : $3
$PAAL : $3
$KAS : $2
$GHX : $2
$DMTR : $1
$ROSE : $1
$VRA : $0.6
Add Yours
#TrendingTopic #sol #WIF

 

 

 

Ethereum Co-Founder Vitalik Buterin has reacted to the parabolic surge of memecoins as it concerns infrastructural development

Ethereum co-founder Vitalik Buterin has waded into memecoin's growth surge

Discounting claims of no infrastructure backup, Vitalik noted the situations are unique

He named some crypto infrastructures that have received less love compared to memecoins

In response to an X post from Roko Mijic slamming the adoption of memecoins that sparked a massive rally this weekend, Ethereum co-founder Vitalik Buterin has waded in with an attempt to set the record straight regarding the nascent asset class adoption.

The Vitalik Buterin Disposition on Memecoins

The ongoing memecoin rally in the digital asset space pushed the combined market cap of the assets up 30% north of $41 billion earlier today. Popular Shiba Inu (SHIB) surged by a wholesome 52% earlier today, leading the memecoin rally. The price surge took the price of SHIB to $0.00002 and till the time of this writing, the token is yet to bow to bearish correction.

Canine-themed memecoin Dogecoin (DOGE) equally registered up to 30% increase earlier in the week. Market analysts believe that DOGE may be gearing up for a mega bull run in the long run. Its average daily trading volume has also gone up significantly, surpassing $4.77 billion. Overall, the rally has touched almost all memcoins and there are still speculations that the positive momentum will last for a while.

One X user tried to establish the fact that these memecoins are currently experiencing a rally due to a lack of use cases resulting from a decline in crypto infrastructure. However, Vitalik Buterin reacted to the post, trying to explain that this is not the outlook in all cases. 

“I feel like 2 years ago I completely agreed, and my high-level argument was something like “infrastructure is public goods, the incentive to fund public goods is N times smaller than optimal (that’s basic econ 101), so it’s practically impossible for there to be too much
#TrendingTopic #ETH✅ #BTC

The Shiba Inu (SHIB) team has once again alerted its community to the heightened scamming attempts in the wake of the debut of the new SHEboshi token.

In a Feb. 24 post on X, Shiba Inu’s marketing lead, Lucie, expressed concerns for SHIB holders, spotlighting the deceptive tactics employed by fraudsters.

 According to her, investors are being targeted by bogus giveaways, especially following the successful introduction of SHEboshi, which follows the DN404 standard—a hybrid of ERC-20 and ERC-721 token benefits.

Lucie clarified that Shiba Inu is not conducting any airdrops and iterated that any such claims should be considered fraudulent. She further advised token holders to authenticate any promotional information by visiting the official Shiba Inu channels on Telegram and Discord.

In addition to her warning, she also provided information to help the community stay informed and safeguard their investments through verified updates.

#TrendingTopic #SHIBA_INU #BTC

Has price of Binance Coin (BNB) reached its local peak by now?

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

On the hourly chart, the rate of BNB is approaching the resistance of $366.8. If the daily bar closes around that price, the growth may continue to the $370-$375 area on the weekend.

A different picture can be seen on the daily time frame. The rate of BNB has made a false breakout of yesterday's candle peak. If it happens far from that mark, sellers may locally seize the initiative, which might lead to a correction to $350.

From the midterm point of view, the price has broken the $338.3 level. Until it is above that level, buyers keep controlling the initiative on the market. 

#Write2Earn #TrendingTopic #BNB
#BTC #Priceanalysis

 

 

Altcoins To Buy: SHIB, JUP, STX, SEI, and VET shine as Bitcoin's surge fuels market optimism, marking them prime investor picks

Altcoins To Buy: Amid the recent surge, Bitcoin has once again breached the $52,000 mark, setting the stage for a bullish rally across the cryptocurrency market. 
$52170.306Trade Now

This uptick has bolstered confidence among investors and spotlighted several altcoins riding the wave of Bitcoin’s monumental rise. Among these, SHIB, JUP, STX, SEI, and VET stand out as the top performers, each for unique reasons that underscore their potential as prime investments in the current climate.

1. Shiba Inu (SHIB)

Shiba Inu, the popular meme coin, is witnessing a remarkable uptrend, invigorated by a notable increase in its burning mechanism. This uptick is propelling the Shiba Inu token, SHIB, to new heights, capturing the attention of investors worldwide. Additionally, the positive momentum in Bitcoin’s value has further energized the market sentiment surrounding SHIB.

In recent trading sessions, SHIB has embarked on an impressive ascent, climbing over 2% in just 24 hours. This surge has elevated the token’s price to a commendable $0.000009815, surpassing critical resistance points. These figures underscore a robust bullish trend that is currently shaping the market dynamics of Shiba Inu.

2. Jupiter (JUP)

Jupiter, a prominent DeFi platform within the Solana ecosystem, has also seen a significant price jump. The Jupiter price has climbed over 12% in the last 24 hours, now standing at $0.5553. This leap can be largely attributed to the enthusiastic adoption of the JUP Work Groups (JWGs) initiative.

3. Stacks (STX)

Stacks, recognized for introducing smart contracts to Bitcoin, has recently seen its value skyrocket by 20%

#Write2Earn #TrendingTopic #BTC #STX #Sei

💥💥 HOT Token Mining: 💥💥 
😱binance Listing Soon

☄️ 200$ - 1000$ Earning guarantee

🌐 t.me/herewalletbot/app?startapp=518209
#Nearwallet

⭐ 15 formulas of success:-

1. Where you will be five years from now will depend on what kind of books you are reading now, what kind of people you are associating with.

2. Edison said success is 95% hard work and 5% inspiration.

3. A person who can read but does not read and a person who cannot read are both equal.

4. First impressions are very important. Because within three to five seconds of meeting a person, an idea is formed about him before a word is spoken. We never get a second chance to make the first impression.

5. The measure of success is not what you achieve, but how many times you get back up after you fall.

6. Fear of failure is worse than failure.

7. A defeat begets more defeats. Because with each defeat the individual loses his self-worth which leads to further defeats.

8. Losers wait for something to happen. They can never make anything happen.

9. He who is ready to get everything done, can do nothing in life. The day of both success and failure is 24 hours.

10. NO means absolutely no. NO = Next Opportunity.

11. External success depends on behavior. If you believe yourself to be characterful, brave, honest then these will be reflected in your behavior.

12. Winners focus on what it takes to win. And conquerors value what they can.

13. If you keep doing what you've always done, you'll always get what you've always got.

14. Building a relationship is a process, not an event.

15. Your will power will control your destiny.
#Write2Earn #TrendingTopic #BTC

Bitcoin’s Steadfast Support Amid Skepticism and Whale Accumulation

Despite the prevailing skepticism that shrouds the cryptocurrency market, particularly Bitcoin, current trends suggest a more robust support for the crypto king. Observations from Ali indicate that the support levels for Bitcoin remain strong, which could be significant enough to outweigh any resistance it faces in the market. This stability is crucial in understanding Bitcoin’s potential for sustaining its value over time.

Despite ongoing skepticism toward #Bitcoin, it's important to note that support levels remain robust, potentially outweighing resistance.

While a brief price correction is possible, it's crucial to recognize that the next significant resistance level for $BTC  is positioned much… pic.twitter.com/HwV9JoGmBQ
Additionally, according to him, while the market’s resilience is evident, it’s also important to acknowledge the possibility of brief price corrections. Such fluctuations are common in the volatile cryptocurrency market and can be influenced by various factors, including market sentiment, global economic indicators, and regulatory news. However, these corrections are often seen as temporary setbacks within a larger growth trend.

Experts are eyeing the next significant resistance level
which is projected to be around $57,000. This suggests a bullish outlook for the digital currency, implying potential for considerable growth before encountering substantial selling pressure. The distance to this resistance level indicates that Bitcoin could have a significant runway for price appreciation, should the current support levels hold.
Adding to the positive outlook for Bitcoin is the recent activity by so-called “whales,” or large-scale investors, who have been aggressively accumulating Bitcoin. Over the past three weeks, whales have purchased approximately 140,000 BTC, translating to an investment of about $6.16 billion. This aggressive accumulation is a strong signal of confidence in the future value of Bitcoin,
#Write2Earn #TrendingTopic #PYTH #DYM #BTC

Solana's (SOL) Crucial Support Didn't Hold After Outage, Cardano (ADA) Loses Lifeline Support, Avalanche (AVAX) Recovery Problematic

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Solana has recently faced a challenging period as crucial support levels have failed to hold. Despite its technological promise, Solana's ecosystem has been grappling with dwindling traction, as evidenced by a slowdown in new meme coin deployments and a noticeable decline in DeFi volume.

The technical chart for SOL paints a sobering picture. The price has recently breached important support at the $95 level, marking a clear deviation from its once robust uptrend. This level was seen as a stronghold for bulls, but the failure to maintain it has led to concerns over the potential for further downside movement.

A key factor in the current scenario is the lack of enthusiasm in the NFT sector within Solana's ecosystem and the most recent outage. While many anticipated that NFTs would be a driving force for Solana, mirroring the explosive interest seen in 2021, the reality has been less than stellar. Investor interest in non-fungible tokens has cooled significantly, and the issues plaguing the Solana network, including outages and technical setbacks, have not helped in maintaining investor confidence.

#SOLUSDT!
#btctothenull

COINTURK NEWS > Dogecoin (DOGE) > Dogecoin Network Hits New Peak in Transfer Activity

Dogecoin community leader Tdogewhisperer reports 1.9 million transfers.

Record transfers largely due to images minted via Blockchain inscriptions.

Concerns rise over the growing file size limit on Dogecoin Blockchain.

Technology, science, ai, gaming, business and finance news: Newslinker.co

Dogecoin (DOGE) community’s prominent figure Tdogewhisperer announced on their personal X account that the largest memecoin has reached a new peak in transfer activity. Tdogewhisperer reported that 1.9 million transfers have been made on the Dogecoin network in the last 24 hours.

Contents

New Peak in Dogecoin Network TransfersMax Keiser Criticizes DOGE, Invites Elon Musk to El Salvador

New Peak in Dogecoin Network Transfers

Tdogewhisperer shared from their personal X account that the Dogecoin network has reached a new peak with 1.9 million transfers. The leading figure of the Dogecoin community mentioned that this record was mainly achieved through images minted via inscriptions on the Blockchain. It is known that the outputs provided by the inscription protocol that allows image minting on a Blockchain often inflate the networks. Despite the high figures reflected in the metrics, the outputs provided by the inscription protocol do not have a real use case.

Tdogewhisperer wrote that there has been a rapid increase in the size of a file that can be transferred on the Dogecoin Blockchain, reaching 110 GB. They highlighted that if this increase continues, it could limit users’ ability to run their own nodes. This situation would make hosting a single node more expensive and slow down the entire network when used for something more valuable than image transfers.

The majority of users see DOGE as a currency and use it for that purpose (not for sending files or writing images via the network), so keeping the Blockchain operational and hosting nodes should be easy.

#TrendingTopic #AIKryptoNews #JUP #doge

Following a challenging bear market for cryptocurrency exchanges, a harvest season is approaching, and Coinbase is speeding up its listings. After yesterday’s announcement, Coinbase exchange added RONIN Coin to its listing roadmap. So, what does this mean? Will these altcoins be listed on the Coinbase exchange?

Coinbase Listing Roadmap

Firstly, we should not assume that altcoins added to this roadmap will definitely be listed on the exchange. Coinbase specifically created this process to increase transparency and announce the altcoins it plans to list. Altcoins added to the watchlist begin trading on the platform if they are deemed suitable after necessary evaluations.

Altcoins added to the listing roadmap are generally listed on the platform within 7 days; if they do not start trading within this short period, the process can extend for months or they may be removed from the listing roadmapThe last two altcoins were added to the list in the past 48 hours. We may soon see an announcement regarding their listing
#Write2Earn #TrendingTopic #JUP #xrp

Indian Budget Presentation 2024: Here’s What To Expect For Crypto, Startups

Indian finance minister Nirmala Sitharaman is all set to present the interim budget 2024 in Parliament

Indian finance minister Nirmala Sitharaman is all set to present the interim budget 2024 in Parliament. The full-fledged budget will be presented by the new government that comes to power after the elections, which are due later in the second quarter of 2024. The interim budget is a short term financial plan that seeks the Parliament’s approval for a grant in advance to meet the Union government’s essential expenditure for the initial months of the new financial year. A full-fledged budget would be presented by the incoming government that is elected to Lok Sabha.

The BSE SENSEX, a market weighted stock market index of 30 financially strong and well known companies listed on the Bombay Stock Exchange, is up by 0.40% ahead of the interim budget presentation. The NIFTY 50 is up by 0.20%.

Also Read: 1% TDS on Crypto: How Does It Impact Crypto Investors In Indian Union Budget 2024 ?

Budget Expectations – Startups & Crypto

Among the expectations are tweaks to policy around tax benefits, employee stock options and stock awards for startups. The Budget is also expected to provide for the simplification in the capital gains tax regime. For the crypto industry, stakeholders have been highlighting the impact that the one percent withholding tax on crypto gains has had on the domestic digital assets market. The rule led to diversion of crypto exchange user traffic to foreign platforms.

The finance minister provided no relief for the crypto industry market participants by continuing to levy the flat 30% tax on virtual assets, which was earlier proposed in the financial year 2022. Besides the high tax slab imposition, the Union government had imposed an additional 1% tax deductible at source (TDS) on all crypto transactions in the 2022 budget presentation. This made India one of those countries that imposed the highest tax slabs for crypto transactions.
#IndiaBudget