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Analyst Predicts SHIB Could Jump Over 50% Under Certain Conditions
Shiba Inu (SHIB) is showing signs of a major bullish breakout, with analysts predicting a significant upside for the altcoin. Multiple technical indicators suggest the possibility of substantial gains in the short term, with some experts forecasting price increases of over 50%, and even as high as 200%.
In a tweet on November 21, analyst Ali Martinez pointed out that SHIB has formed a bull flag pattern on its 1-day chart, a classic bullish signal in technical analysis. According to Martinez, a
In a tweet on November 21, analyst Ali Martinez pointed out that SHIB has formed a bull flag pattern on its 1-day chart, a classic bullish signal in technical analysis. According to Martinez, a
Scammer Earning Five-Figure Weekly Profits by Impersonating Coinbase Support
Crypto phishing scammers are reportedly making five-figure weekly incomes by posing as Coinbase support and exploiting leaked data to target high-ranking executives and software engineers in the crypto space.
This revelation came after Nick Neuman, CEO of Bitcoin self-custody solutions provider Casa, had an unexpected conversation with one of the scammers during a phishing attempt. Neuman shared the exchange in a video posted to X on November 20.
Scammer Claims $35,000 in Weekly Earnings
Inst
This revelation came after Nick Neuman, CEO of Bitcoin self-custody solutions provider Casa, had an unexpected conversation with one of the scammers during a phishing attempt. Neuman shared the exchange in a video posted to X on November 20.
Scammer Claims $35,000 in Weekly Earnings
Inst
Solana: The Blockchain Best Positioned for a Memecoin Boom
Memes may be ancient, but they’ve entered a new era with crypto, and now, with the rapid rise of AI, their scale and popularity are more influential than ever. This shift is most evident on Solana, the only layer-1 blockchain that can enable and sustain a full-fledged memecoin supercycle.
Solana’s Unique Position in the Memecoin Ecosystem
Solana’s ability to support the memecoin boom isn’t just a passing trend; it’s a platform that’s thriving in both high-tech innovation and meme-driven cultur
Solana’s Unique Position in the Memecoin Ecosystem
Solana’s ability to support the memecoin boom isn’t just a passing trend; it’s a platform that’s thriving in both high-tech innovation and meme-driven cultur
Nansen and TRON DAO Collaborate to Drive Ecosystem Growth with On-Chain Insights
Blockchain analytics firm Nansen announced a strategic partnership with TRON DAO on Tuesday, integrating TRON into Nansen 2 to provide advanced on-chain analytics that will help drive the growth of the TRON ecosystem.
This integration allows developers working within the TRON network to leverage Nansen’s data, empowering them to make more informed decisions when building decentralized applications (dApps). With insights into user interactions, developers can optimize their dApp designs, improve
This integration allows developers working within the TRON network to leverage Nansen’s data, empowering them to make more informed decisions when building decentralized applications (dApps). With insights into user interactions, developers can optimize their dApp designs, improve
Binance Pool Launches Fractal BTC Mining Service Starting November 18
Binance Pool, one of the largest cryptocurrency mining pools in the world, has officially launched a new Bitcoin mining service called Fractal BTC Mining. The new service, which goes live on November 18, 2024, is designed to offer miners an innovative way to enhance their mining efficiency and profitability.
What is Fractal BTC Mining?
Fractal BTC Mining is a specialized mining service that aims to improve the yield of Bitcoin miners through advanced strategies and cutting-edge technology. Acc
What is Fractal BTC Mining?
Fractal BTC Mining is a specialized mining service that aims to improve the yield of Bitcoin miners through advanced strategies and cutting-edge technology. Acc
Bitcoin Open Interest Hits All-Time High at $55.7B – What to Expect
Bitcoin’s open interest (OI) in futures markets has reached a new all-time high of $55.7 billion, reflecting a significant uptick in both trading activity and investor interest. This surge follows a sharp decline to $26.65 billion in early August, indicating a strong market rebound.
According to data aggregator Coinglass, the latest surge in Bitcoin’s OI is largely fueled by a bullish price rally, which coincided with the U.S. presidential election on November 5. Bitcoin’s price skyrocketed in
According to data aggregator Coinglass, the latest surge in Bitcoin’s OI is largely fueled by a bullish price rally, which coincided with the U.S. presidential election on November 5. Bitcoin’s price skyrocketed in
Trump Names Musk Head of Efficiency Department, Causing Token Surge
Tokens tied to the newly announced Department of Government Efficiency have seen massive rallies following U.S. President Donald Trump’s appointment of Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy as leaders of the department.
On November 13, four meme coins themed around the Department of Government Efficiency experienced dramatic price increases after Trump made the official announcement about the creation of the department, which aims to “dismantle” bureaucratic inefficiencies in the
On November 13, four meme coins themed around the Department of Government Efficiency experienced dramatic price increases after Trump made the official announcement about the creation of the department, which aims to “dismantle” bureaucratic inefficiencies in the
Cathie Wood Advocates for SEC Overhaul to Boost US Economy
Cathie Wood, the founder and CEO of ARK Invest, believes that a shift in leadership at the U.S. Securities and Exchange Commission (SEC) could ignite a wave of innovation and investment in emerging technologies, significantly boosting the U.S. economy. In a recent video shared by ARK Invest on X (formerly Twitter) on November 11, Wood emphasized that the changing regulatory environment, following the recent U.S. elections, could unleash a new era of economic prosperity.
Regulatory Changes Could
Regulatory Changes Could
Italy Considers Adjusting Crypto Tax Plan After Political Pressure
Italy’s Economy Minister, Giancarlo Giorgetti, has expressed willingness to reconsider the government’s controversial plan to increase the tax on cryptocurrency capital gains from 26% to 42%. The announcement follows significant pushback from lawmakers within his own party, who have urged a reassessment of the proposal.
“I am open to exploring alternative taxation models for individuals holding investments in their portfolios,” Giorgetti said on Thursday, according to Reuters.
Proposed Tax Hik
“I am open to exploring alternative taxation models for individuals holding investments in their portfolios,” Giorgetti said on Thursday, according to Reuters.
Proposed Tax Hik
HashKey Reveals New Launch Date for HSK Token in Hong Kong
Hong Kong’s crypto exchange, HashKey, has set new dates for the launch of its native token, HSK. Deposits for HSK will open on November 7 at 07:00 UTC, while spot trading for the HSK/USDT pair is set to begin on November 26 at 10:00 UTC. Withdrawals will be enabled the following day, November 27, at 10:00 UTC.
The HSK token will be listed on HashKey’s Global Innovation Zone and will serve multiple functions across the exchange’s ecosystem, including as the official gas token for the HashKey Cha
The HSK token will be listed on HashKey’s Global Innovation Zone and will serve multiple functions across the exchange’s ecosystem, including as the official gas token for the HashKey Cha
Tron DAO Partners with Chainlink, Replacing Previous Oracle Provider
Tron DAO has announced a significant shift in its oracle solution provider, transitioning from WinkLink to Chainlink. This change will affect Tron’s decentralized finance (DeFi) applications, particularly JustLend and JustStable, which collectively hold over $6.5 billion in total value locked (TVL).
In a recent press release, Tron DAO confirmed that its DeFi ecosystem would now utilize Chainlink’s Data Feeds for pricing data. The move is expected to enhance the overall efficiency and reliabilit
In a recent press release, Tron DAO confirmed that its DeFi ecosystem would now utilize Chainlink’s Data Feeds for pricing data. The move is expected to enhance the overall efficiency and reliabilit
BlackRock Bitcoin ETF Sees $3.3 Billion in Trading as Institutions Dive In
BlackRock’s Institutional Bitcoin Trust (IBIT) announced a trading volume of $3.3 billion on Tuesday, marking its highest level in six months. This surge reflects increasing institutional interest as the U.S. election approaches.
The spike in volume aligns with rising market expectations, with Bitcoin prices nearing historic highs.
Significant Inflows for Bitcoin ETFs
As of October 29, U.S. Bitcoin ETFs reported nearly $870 million in inflows, with BlackRock’s IBIT capturing the largest share
The spike in volume aligns with rising market expectations, with Bitcoin prices nearing historic highs.
Significant Inflows for Bitcoin ETFs
As of October 29, U.S. Bitcoin ETFs reported nearly $870 million in inflows, with BlackRock’s IBIT capturing the largest share
IATA to Incorporate China’s CBDC Support by Year-End 2024
The International Air Transport Association (IATA), representing the world’s airlines, plans to incorporate China’s central bank digital currency (CBDC)—known as the digital yuan or e-CNY—into its billing and settlement systems by the end of 2024. This move reflects the growing trend of digital currencies in global finance.
In a report by Times Aerospace on October 29, IATA’s Senior Vice President for Financial Settlement and Distribution Services, Muhammad Albakri, highlighted the necessity of
In a report by Times Aerospace on October 29, IATA’s Senior Vice President for Financial Settlement and Distribution Services, Muhammad Albakri, highlighted the necessity of
Chiliz CSO Challenges the Effectiveness of Buterin’s Solution
Chiliz Chief Strategy Officer Max Rabinovitch recently commented on Ethereum co-founder Vitalik Buterin’s initiatives to tackle centralization within Ethereum’s validation framework.
Rabinovitch emphasized that while Buterin’s proposals may effectively address Ethereum’s specific issues, they might not be applicable to all networks that utilize Ethereum Virtual Machine (EVM) compatibility.
Buterin’s strategy aims to decrease validator centralization by lowering entry barriers for participants
Rabinovitch emphasized that while Buterin’s proposals may effectively address Ethereum’s specific issues, they might not be applicable to all networks that utilize Ethereum Virtual Machine (EVM) compatibility.
Buterin’s strategy aims to decrease validator centralization by lowering entry barriers for participants
After $15M Series A, Dorsey’s Bluesky Says No to Token Launch
Bluesky, the decentralized social network co-founded by Jack Dorsey, has announced a successful $15 million Series A funding round led by Blockchain Capital, aimed at expanding its services.
In a blog post on October 24, Bluesky emphasized its commitment to a user-centric design, stating it “will not hyperfinancialize the social experience” by launching a token. This announcement comes as the company sees its user base exceed 13 million since transitioning to an open platform earlier this year.
In a blog post on October 24, Bluesky emphasized its commitment to a user-centric design, stating it “will not hyperfinancialize the social experience” by launching a token. This announcement comes as the company sees its user base exceed 13 million since transitioning to an open platform earlier this year.
Hackers Use Fake NFT Games to Target Chrome’s Zero-Day Vulnerability
Cybersecurity giant Kaspersky has revealed a highly sophisticated campaign targeting cryptocurrency users, orchestrated by the North Korean threat actor group Lazarus.
Announced on Wednesday, the Lazarus Group exploited a zero-day vulnerability in Google Chrome through a fake blockchain-based game. This exploit installed spyware aimed at stealing users’ wallet credentials, according to Kaspersky’s findings.
The attack was identified by Kaspersky’s Global Research and Analysis Team in May 2024
Announced on Wednesday, the Lazarus Group exploited a zero-day vulnerability in Google Chrome through a fake blockchain-based game. This exploit installed spyware aimed at stealing users’ wallet credentials, according to Kaspersky’s findings.
The attack was identified by Kaspersky’s Global Research and Analysis Team in May 2024
Do Kwon’s Extradition Plans Expected to Be Finalized by Montenegro by Oct. 20
Montenegro’s Supreme Court has reportedly ruled that Do Kwon, co-founder of Terraform Labs, qualifies for extradition to both South Korea and the United States, leaving the final decision to the Minister of Justice. Authorities are expected to make an official announcement by Sunday, October 20.
Justice Minister Bojan Božović informed local media that a decision regarding Kwon’s extradition has been reached, and he plans to sign the official documentation by the end of this week.
Legal Issues
Justice Minister Bojan Božović informed local media that a decision regarding Kwon’s extradition has been reached, and he plans to sign the official documentation by the end of this week.
Legal Issues
North Korean Hackers have Stolen $3B in Cryptocurrency Since 2017
A recent study by Microsoft reveals that North Korean hackers have pilfered more than $3 billion in cryptocurrency since 2017, with 2023 alone accounting for between $600 million and $1 billion of that total. The findings were highlighted in Microsoft’s Digital Defense Report for 2024, which was released on Thursday.
According to the report, the stolen crypto funds are believed to finance over half of North Korea’s nuclear and missile programs. Anne Neuberger, Deputy National Security Advisor f
According to the report, the stolen crypto funds are believed to finance over half of North Korea’s nuclear and missile programs. Anne Neuberger, Deputy National Security Advisor f
Allegations surface against TikTok for Operating like a Crypto Exchange in the UK
TikTok is coming under regulatory scrutiny for its virtual currency system, TikTok Coins, which users can buy, gift, and potentially convert back into cash operations resembling those of a cryptocurrency exchange.
According to a report by Financial News, a compliance expert has alerted the Financial Conduct Authority (FCA) about concerns that TikTok may need to undergo checks for money laundering and terrorist financing. The expert highlighted that users can indirectly convert TikTok Coins into
According to a report by Financial News, a compliance expert has alerted the Financial Conduct Authority (FCA) about concerns that TikTok may need to undergo checks for money laundering and terrorist financing. The expert highlighted that users can indirectly convert TikTok Coins into
Record Day for US Spot Bitcoin ETFs: $556M Inflows Since June
More than half a billion dollars flowed into spot Bitcoin exchange-traded funds (ETFs) in the US on October 14, marking the largest one-day inflow in over four months. According to data from Farside Investors, the 11 ETFs experienced aggregate net inflows of $555.9 million, coinciding with Bitcoin hitting a two-week high of $66,500.
ETF Store President Nate Geraci described it as a “monster day” for spot Bitcoin ETFs, noting that total net inflows have now approached $20 billion over the past 1
ETF Store President Nate Geraci described it as a “monster day” for spot Bitcoin ETFs, noting that total net inflows have now approached $20 billion over the past 1