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BlockDAG Drops Shiba Inu Burn Rate and Dogecoin Price Rises to $23.2 Million with the Launch of New Payment Methods. As the Shiba Inu burn rate rises and the price of Dogecoin grows, BlockDAG (BDAG) presale has reached impressive levels, reaching over $23.2 million as it rapidly approaches its tenth batch sale. This increase underscores its potential to eclipse the top meme coins. BlockDAG also announced ten new payment options for purchasing BDAG coins, allowing investors to purchase their own coins using Bitcoin, Kaspa, and other coins. While #Shiba Inu and #Dogecoin have shown notable trends, BlockDAG's dramatic increase in pre-sale numbers points to more vital market traction. The #ShibaInu burn rate witnessed a significant increase, increasing by 90% in just one day, resulting in the permanent removal of over two million SHIB tokens from circulation. This increase in Shiba Inu burn rate is part of ongoing efforts to make #SHIB tokens less scarce, thus potentially increasing their value. Despite the current decline in its price amid the overall market downturn, the Shiba Inu's sustained burn rate may signal an impending recovery. Moreover, continuous development and upgrades to Shiba Inu's Shibarium platform aimed at improving trading efficiency and user experience may further complement the increase in Shiba Inu burn rate, possibly triggering a price increase in the future. Dogecoin's price currently stands at $0.127, showing a modest daily increase of 1.84% but facing significant weekly declines of 15.49% and monthly declines of 32.10%. Despite these fluctuations, Dogecoin achieved significant annual growth of 61.58%, maintaining a strong market value of $1.92 billion and ranking 8th among cryptocurrencies. $BTC $DOGE $SHIB

BlockDAG Drops Shiba Inu Burn Rate and Dogecoin Price Rises to $23.2 Million with the Launch of New Payment Methods.

As the Shiba Inu burn rate rises and the price of Dogecoin grows, BlockDAG (BDAG) presale has reached impressive levels, reaching over $23.2 million as it rapidly approaches its tenth batch sale. This increase underscores its potential to eclipse the top meme coins. BlockDAG also announced ten new payment options for purchasing BDAG coins, allowing investors to purchase their own coins using Bitcoin, Kaspa, and other coins. While #Shiba Inu and #Dogecoin have shown notable trends, BlockDAG's dramatic increase in pre-sale numbers points to more vital market traction.

The #ShibaInu burn rate witnessed a significant increase, increasing by 90% in just one day, resulting in the permanent removal of over two million SHIB tokens from circulation. This increase in Shiba Inu burn rate is part of ongoing efforts to make #SHIB tokens less scarce, thus potentially increasing their value.

Despite the current decline in its price amid the overall market downturn, the Shiba Inu's sustained burn rate may signal an impending recovery. Moreover, continuous development and upgrades to Shiba Inu's Shibarium platform aimed at improving trading efficiency and user experience may further complement the increase in Shiba Inu burn rate, possibly triggering a price increase in the future.

Dogecoin's price currently stands at $0.127, showing a modest daily increase of 1.84% but facing significant weekly declines of 15.49% and monthly declines of 32.10%. Despite these fluctuations, Dogecoin achieved significant annual growth of 61.58%, maintaining a strong market value of $1.92 billion and ranking 8th among cryptocurrencies.

$BTC $DOGE $SHIB

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Michael Saylor: “SEC Will Target Major Altcoins” Michael Saylor, the entrepreneur behind MicroStrategy's transformation into a Bitcoin leader, is back in the spotlight. However, this time Saylor's focus turned to criticizing major altcoins. Recently, Saylor predicted that the SEC would crack down on altcoins like ETH, BNB, and others. Additionally, Saylor suggested that they would not be included in future financial products such as spot ETFs. Saylor predicted that the SEC would not approve Ethereum ETFs and expects the SEC to reclassify altcoins as securities and change their commodity status. This will significantly change how institutional investors trade and recognize these coins. In addition to Saylor's stance being a result of his pro-Bitcoin stance, the SEC's recent activities also support us to have some confidence in his predictions. As it is known, the SEC took harsh measures against major crypto exchanges and imposed heavy fines. The measures even paved the way for the CEO to be imprisoned in Binance's case. These moves show that crypto regulations are becoming stricter, which may support Saylor's views. Saylor's comments triggered concerns among altcoin supporters about a potential SEC crackdown affecting the broader market. But there is hope that the SEC can focus on real issues by targeting unregistered securities rather than established cryptocurrencies like Ethereum. The coming weeks will be very important to see these developments. $BTC $ETH $BNB
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Bitcoin Mining Company Marathon Digital Expands Its Activities: Here Are the Details Crypto miner Marathon Digital is in talks with the Kenyan government regarding the country's cryptocurrency policy and energy requirements for crypto mining. Kenya is slowly regulating its crypto market. President William Ruto announced at the American Chamber of Commerce Kenya Business Summit that Marathon had been asked to consult with the National Treasury and the Ministry of Energy. The summit took place in late April but was not immediately informed about it. Attendees included U.S. Secretary of Commerce Gina Raimondo, and Marathon was a platinum-level sponsor of the event. In his opening speech, Ruto said of the talks with Marathon: “This is a powerful testament to the vast transformative possibilities that exist in an expanded and comprehensive understanding of trade and investment between the United States and East Africa.” Marathon is headquartered in the United States but has joint mining ventures in Abu Dhabi and Paraguay. If Marathon, one of the five largest crypto miners in the world, provides services in the East African country in line with the negotiations, it will not be the first crypto miner to operate in the country. The Kenyan government has long had a negative attitude towards cryptocurrency. However, efforts to regulate the crypto space began to be addressed in November 2022, two months after Ruto took office. The International Monetary Fund made critical observations about lax crypto regulation in Africa in November 2022. Kenya ranked 11th in the world in crypto adoption that year. $BTC $ETH $BNB
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💫 The top 10 gaining cryptocurrencies since the beginning of the year: #AERO #WIF #AITECH #MANTRA #APEX $WIF $MANTA $PEPE
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There is a new development in the incident where the SEC was hacked and announced the approval of a fake Bitcoin Spot ETF. Cryptocurrency journalist Eleanor Terrett shed new light on the infamous SEC hack that occurred on January 9. The hack, which led to an unauthorized early announcement regarding the approval of Bitcoin Spot ETFs, is being investigated by several outside agencies, including the SEC, the Office of the Inspector General, and the FBI The last update from the SEC on January 22 showed that the investigation was continuing. However, Terrett's statement reveals that the SEC's Office of Inspector General (OIG) has appointed an independent company to review the information security program, which includes cybersecurity and infrastructure security, in 2023. Upon examination, it was determined that the program was incomplete; This fact was not widely known because the report was located inconspicuously on the SEC's website and was dated December 20, 2023 According to CoinDesk, the fallout from the hack was significant, with losses of approximately $90 million reported in Bitcoin liquidations. Despite the seriousness of the incident, SEC Chairman Gary Gensler did not mention this report in his responses to members of Congress about the hack. This situation raises serious questions about the SEC's stance on cybersecurity and its accountability in the face of such incidents. Terrett poses a thought-provoking question: “Imagine what the SEC would do if a public company became aware of a security vulnerability, failed to fix it, and was then hacked? Would the SEC have any reaction? $BTC $ETH $BNB
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How will artificial intelligence-based cryptocurrencies be affected by the rise of Bitcoin? The first week of May has been distinctly bullish for the crypto and AI coin market, with Bitcoin rallying from $56,500 to $65,223. The recent increased buying interest in US-listed #Bitcoin ETFs has played a major role in the recent rally, simultaneously supporting the altcoin market as it recouped previous losses. In the current recovery sentiment, AI-related tokens were among the top gainers today, highlighting their ability to provide rapid movement in a new range in market dynamics. According to Coinmarketcap, leading assets in this sector reached $37.9 billion, reflecting a daily increase of 7.3%. Over the past 24 hours, leading AI tokens such as The Graph (GRT), Fetcai (FET), and SingularityNet (AGIX) have exhibited double-digit gains, offering new long opportunities to momentum traders. #TheGraph (GRT) is a decentralized and open source indexing protocol for blockchain data, allowing applications to query networks like Ethereum with the speed and efficiency of a traditional database. GRT, the native cryptocurrency on the Graph network, has been in a bull market for the last six days, with its price rising from $0.22 to $0.3, a record 36% increase. This recovery increased Graph's market value to $2.83, while the 24-hour trading volume was recorded as $152.8 million. If the uptrend continues, buyers could sustain a rally to $0.35, then $0.428, and the potential target of $0.4 Fetc.ai is a blockchain-based platform that aims to revolutionize the functioning of digital economies and data-driven markets using artificial intelligence (AI) ) and machine learning (ML). #SingularityNET is a decentralized platform designed to facilitate the creation, sharing and monetization of artificial intelligence (AI) services at scale. During the current market recovery, AGIX price formed a new higher low at $0.756, indicating an early trend reversal.
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