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BTC going back to $55K soon keep my word
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🚨The $SHIB ecosystem is growing exponentially, according to a #SHIB member @LucieSHIB One of top SHIB team members mentioned major driver of Shibarium success in future The official marketing expert of the Shiba Inu team, known to the crypto community as Lucie, has published a tweet, in which she spoke about crypto from an economic perspective in general and about SHIB in particular. Besides, Lucie, who prefers not to reveal her last name to the public, unveiled several details about her education and current and past work experiences, and how she came into the crypto industry, and how she became a part of the Shiba Inu team. Initially, she held Bitcoin, Ethereum and XRP but then switched to SHIB. Shibarium success will depend on this factor Lucie elaborated that the SHIB ecosystem has been “growing exponentially.” The reason for that is “a steady inflow of collaborations and partners.” She underscored that these new partnerships are necessary for the growth of the Shiba Inu ecosystem. Another very important factor for the growth of Shibarium and its success in the future, as revealed by Lucie, is its utility and its constant expansion. The more projects are using this layer-2 SHIB solution, whether those are new tokens, swaps, services, NFT collections, etc., the better and the higher its utilization goes. Lucie admitted that all projects that integrate Shibarium deserve to be supported by the SHIB team. But on the other hand, she pointed out, this reduces the SHIB team’s support for the Shiba Inu token itself. Therefore, she said, “It is critical to keep this in focus as we make our allocation of resources decisions.”
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🚀BITCOIN’S VOLATILE DANCE: OPTIONS EXPIRY & WHALE MOVES Bitcoin’s cruising at $64K post-Fed rate hold. Today’s expiry is huge—37K contracts and $2.4 billion on the line. With a 0.58 put-call ratio and Maxpain at $66K, expect fireworks. Whales are diving in, including a new player who grabbed 4,600 BTC worth $291 million.
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BITCOIN TANKED! Bitcoin's Daily Active Entities, aka address clusters controlled by the same entity, tanked 16% in Q2 2024. These numbers are key for tracking user adoption and network hype. Stay alert and ride the right crypto waves! Source: Glassnode
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🔥Hack Alert⛔️ Terra Blockchain Gets Rugged for $5M! The Terra blockchain just got wrecked by a gnarly $5 million exploit. We're talking 60 million ASTRO, 3.5 million USDC, 500k USDT, and 2.7 BTC gone in a flash. The hacker leveraged an old-school IBC hooks flaw, pulling off some serious minting magic to yoink those tokens off-chain. They bridged the loot back to Ethereum, swapping it all for ETH. Terra had to freeze its chain at block height 11,430,400 to stop the bleed. Source: Bitcoinist
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