New Memecoin Solana Doggy (SOLDOGGY) to Rally Over 6,000%, as Shiba Inu and Dogecoin Lag

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
Solana Doggy (SOLDOGGY), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Doggy presents a similar opportunity.
Solana Doggy has a market cap around $13,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,000% in the coming two days, and Solana Doggy could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Doggy can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SOLDOGGY.
#altcoins #Memecoins #SHİB $WIF $SHIB #SolanaInvesting

Shiba Inu Lead Shytoshi Kusama Shares Epic Mysterious Teaser

Shiba Inu (SHIB) enthusiasts are on edge of their seats as lead figure Shytoshi Kusama drops enigmatic new teaser
In a move that has set the Shiba Inu (SHIB) community ablaze with speculation, the enigmatic figure known as Shytoshi Kusama, lead of the popular cryptocurrency, has dropped a cryptic teaser on social media. Kusama's latest post features a gif with the word "Evita," a Spanish variant of the name Eva, meaning "life" or "living one," according to various dictionaries.
Adding fuel to the fire, Kaal Dhairya, a key developer in the Shiba Inu ecosystem, also shared a similar post with the same word. The SHIB community is now buzzing with theories and conjectures, ranging from the possibility of a new partnership to the introduction of a new token alongside SHIB, BONE, LEASH and TREAT.
While the true meaning behind Kusama's teaser remains elusive, this is not the first time the SHIB lead has teased the community with cryptic messages. Given his track record, it is unlikely that the answer will remain a mystery for long.
Some speculate that the teaser may be related to the recent hard fork of Shibarium, the layer-2 blockchain solution from Shiba Inu. The upgrade, aimed at delivering faster transactions and more predictable gas fees, marks a significant milestone for the SHIB ecosystem. Last month, the Shiba Inu team emphasized the necessity of the hard fork to unlock next-level capabilities and improve usability and performance.
As the SHIB community eagerly awaits further developments, with every new clue, speculation grows and the anticipation mounts. Stay tuned as the SHIB saga continues to unfold, one cryptic teaser at a time.
#SHİB #Shibalnu #Memecoins $SHIB

Santiment Announces RWA Tokens That Developers Are Focusing on Most: This Popular Altcoin Made a Big Difference!

RWA altcoins, which have been one of the most talked about topics in the market recently, have also become very popular among investors and developers.
At this point, cryptocurrency analysis platform Santiment listed the altcoins that developers focused on the most in the last 30 days.
Accordingly, Chainlik (LINK) ranked first on the list, followed by Synethetix (SNX) and Centrifuge (CFG).
According to the list shared by Santiment, the RWA altcoins with the highest developer activity in the last 30 days are listed as follows:
“Chainlink has outperformed other altcoins and currently generates 2.49 times more daily activity than Synthetix, the next most active project in the RWA sector.

1 -Chainlink – LINK 2 – Synthetix – SNX 3 – Centrifuge – CFG 4 – Dusk Foundation – DUSK 5 – Oraichain – ORAI 6 – Creditcoin -CTC 7 – Ixswap – IXS 8 – Maker DAO – MKR 9 – Polymesh Network – POLYX 10 – Reserve Protocol – RSR”

Real World Assets (RWA) refer to a class of cryptocurrencies that represent tangible assets that exist outside of the digital environment. These can range from bonds to real estate, commodities and machinery. RWAs enable these assets to find a place in the Decentralized Finance (DeFi) ecosystem, increasing the availability of these often inaccessible financial instruments.

*This is not investment advice.
#ai #altcoins #BTC #bitcoinhalving #MicroStrategy

US Government Now Holds $13.82B Worth of Bitcoin

Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
According to data from the blockchain intelligence firm Arkham, the US government’s Bitcoin (BTC) holdings have reached a total of 216.788, worth approximately $13.83 billion. The company, focused on deanonymizing entities within the crypto space, said the increase stems from recent developments, particularly the seizure of assets from Banmeet Singh, an Indian national involved in illegal activities on the dark web.
Singh, who pleaded guilty to d distribution charges in January this year, forfeited approximately $150 million in proceeds from his illicit operations. Additionally, authorities confiscated 3940 BTC belonging to the offender. The assets are currently valued at around  $250 million.

US Bitcoin Seizures
The recent seizure significantly contributed to the government’s Bitcoin reserves, which now total $13.8 billion. Arkham said a substantial portion of these assets may have been acquired through criminal seizures.
Before the recent addition, the US government’s Bitcoin holdings stood at approximately $8 billion. As of October 2023, the country held around $5.3 billion worth of Bitcoin.
According to separate data from blockchain analytics firm Dune, the government has confiscated around 200,000 tokens from cybercriminals since 2020.
The country’s top three Bitcoin seizures from November 2020 until now include the infamous Silk Road seizures totaling 69,369 BTC, the January 2022 Bitfinex Hack Seizure of 94,643 BTC, and the March 2022 James Zhong Seizure of 51,326 BTC.
#BTC #bitcoinhalving #altcoins

Major Dogecoin Wallet Shut Down Sparks Community Outrage

Dogechain, a major noncustodial wallet powering the Dogecoin (DOGE) ecosystem, is shutting down. Surprisingly, many members of the Doge army are not aware of a scenario that has pushed an X user and Dogecoin proponent to speak out.
While the Dogechain wallet has a strong legacy in the broader digital currency ecosystem, the regulatory terrain in the United States has forced many innovators to rethink their stance lately. Dogechain is not the first of the wallets to announce a shutdown.  Legacy Bitcoin-privacy wallet Wasabi also revealed earlier this week that it is ceasing operations. The decisions appear to stem from fears emanating from the arrest and charges brought by Samourai Founders for money laundering. From Tornado Cash to Samourai, the tolerance of U.S. regulators for privacy-centered outfits remains low.
The Dogecoin community is currently frustrated as the exit of Dogechain implies the number of native DOGE-dedicated wallets has fallen. Dogecoin influence not waning Despite the current outlook on the market and regulatory consideration, the influence of Dogecoin is not fading. Dogecoin Founder Billy Markus remains one of the top market voices with takes on the current trend.
Dogecoin might be losing its grip with Dogechain's closure, but the coin may gain full integration on Elon Musk’s payment app. Though speculative, this anticipation has triggered renewed optimism that the utility of the dog-themed meme coin will soar soon. Dogechain's exit is not negatively impacting the price of DOGE yet. It is up 0.7% in the past 24 hours to $0.1328, per data from CoinMarketCap. The coin’s trading volume is down 36% to $1,110,810,641.
#altcoins #CryptoWatchMay2024 #DogecoinDay $DOGE

Shibarium Completes Hard Fork Promising Blazing Fast Transactions: Price Impact

Shibarium, the layer-2 network from the Shiba Inu (SHIB) ecosystem, successfully completed a significant hard fork on May 2.
This update promises to deliver blazing-fast transactions and more predictable gas fees, enhancing user interactions with the network.
Is Shiba Inu Poised For a Breakout After the Shibarium Hard Fork?
The Shibarium Network announced on X (formerly Twitter) that it completed the hard fork at the block height of 4,504,576. A hard fork in blockchain technology entails a major upgrade that results in the split of the network into two chains.
Introduced on April 24, this process introduces fundamental changes incompatible with the previous software version. Consequently, the Shiba Inu development team initiated this ambitious upgrade to unlock advanced capabilities and streamline user engagement on the Shibarium platform.
The enhancements from this Shibarium hard fork aim to meet community demands for better usability and performance. As a result, Shibarium aims to be more affordable and accessible, addressing the primary concerns of its growing user base.
Moreover, the upgrade serves as a strategic move to foster innovation within the decentralized finance (DeFi) sector. By providing a robust and secure platform, Shibarium wants to be well-positioned to support developers and users eager to explore new possibilities in the crypto space.
#altcoins #Shibalnu #Shibarium $SHIB

Why This Hedge Fund Bought Dogwifhat at 1 Cent: ‘It Had a Hat’

After venture capital firm Stratos boasted 300x profits from an investment in Solana meme coin Dogwifhat (WIF), other hedge funds started to consider meme coins as a legitimate investment. So, why did Stratos believe in a Shiba Inu with a hat?
The California-based firm invested in WIF in December when it was around $0.01. And it’s still holding onto its stash of WIF, which is now trading for $2.76 according to CoinGecko data.
Prior to investing in WIF, Stratos had invested in some of the “blue chip” meme coins—the likes of Dogecoin, PepeCoin, and Shiba Inu. Due to its small team, Stratos says it was able to be quick on its feet when they first got a whiff of WIF.
“Normally, you will spend months doing due diligence before you actually make an investment. That obviously doesn’t work for memes,” Rennick Palley, founding partner of Stratos, told Decrypt. “The reason why we designed the fund the way it is, is because we've been in crypto long enough to know how it works.”
WIF is the latest dog-based meme coin on the Solana blockchain. It doesn’t pretend to be anything it isn’t, explaining on its website that it’s “literally just a dog wif a hat.” With no utility, the community has turned to guerrilla marketing to boost the tokens value, with the project currently aiming to get its furry mascot plastered on the Las Vegas Sphere.

Another interesting project that I would like to talk about.
Ready to Fight the 1st blockchain boxing ecosystem aiming at the $10B boxing market and bridging 2B boxers & fans worldwide.

They are dropping rewards to pioneers, participants and promoters as they get ready for their @WhiteBit listing.
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ZKasino scam suspect arrested, $12.2M seized by Dutch authorities

Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest.
Dutch authorities arrested a man suspected of being involved with the scam surrounding the ZKasino online gambling platform.
The Fiscal Information and Investigation Service (FIOD) arrested the 26-year-old on April 29, who is suspected of fraud, embezzlement and money laundering.
The Dutch authorities seized over 11.4 million euros ($12.2 million) worth of crypto, real estate, and luxury cars, according to a May 3 report by FIOD.
This marks the first arrest in the Zkasino fraud case, where investors lost at least $33 million worth of digital assets. The platform initially promised users their investment back within 30 days, however, the smart contract suggests that the platform never intended to return the funds, according to Dutch authorities.
The suspect’s detention was extended for 14 more days for investigative purposes.
#ScamRiskWarning #scammeralert

Meme Cryptocurrencies Face Steep Declines: Dogecoin, Shiba Inu, and PEPE Suffer Major Setbacks in Market Value

Dogecoin (DOGE), a leading cryptocurrency inspired by memes, experienced a significant downturn, losing over 12% of its value in the last 24 hours.
The price of DOGE, a favorite of tech mogul Elon Musk, has decreased by more than 23% over the past week and by 40% within the last month.
Currently, DOGE’s market price hovers around $0.1245. This marks an 83% decline from its peak value of $0.737, recorded on May 8, 2021.
Despite this setback, the trading volume of Dogecoin surged by 75% in the last day, reaching $1.7 billion, with its market capitalization now at $18 billion.
Shiba Inu (SHIB), another popular meme cryptocurrency, also faced challenges, with its price dropping by 12% in the same 24-hour period.This recent fall adds to a 22% decrease over the past week.
Nevertheless, Shiba Inu has seen a significant 134% rise over the last 90 days, reflecting sustained investor interest despite shifting market sentiments.
Shiba Inu is currently priced at $0.000021, with a 24-hour trading volume that increased by 50% to $833 million. SHIB’s market cap stands at approximately $12.3 billion.
A newer meme coin, PEPE, has also felt the market’s volatility.
After a remarkable 560% rise in the last 90 days, PEPE has seen a 22% decrease over the past week, with an additional 16% drop in the last 24 hours.
PEPE’s current trading price is $0.000006, and its trading volume over the last day rose by 28% to $980 million.
Despite recent declines, PEPE remains the third-largest meme cryptocurrency, boasting a market cap of $2.58 billion.
These fluctuations in the meme cryptocurrency sector underscore the inherent volatility and the shifting dynamics influenced by both investor sentiment and broader market trends.
#DogecoinDay #Shibalnu #PEPE❤️ $DOGE $SHIB $PEPE

Crypto Trader Warns Bitcoin Not ‘Out of the Woods Yet,’ Maps Path Forward for Solana and Ethena

A closely followed crypto strategist is warning that Bitcoin (BTC) may not yet be done correcting.
Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that only after Bitcoin reclaims the $60,000 level will he have more confidence a bullish reversal is occurring.
The analyst also says that Bitcoin’s sudden drop below $58,000 this week is similar to other corrections this cycle. He shares a chart of when Bitcoin declined from $47,000 to below $39,000 in January before continuing to the upside.
“BTC: for what it’s worth, this price action is super normal and there’s a lot of volatility while bottoms are formed. Not necessarily saying this is ‘the bottom’ but this is common to see. Expecting more chop/etc. over the next few days. Don’t get chopped to shit.”
Bitcoin is trading for $59,389 at time of writing, up 2.5% in the last 24 hours.
Next up, the analyst says that Ethereum (ETH) competitor Solana (SOL) may correct in the near term to as low as $116 based on his chart of Fibonacci retracement levels, but could rally within months.
“SOL: you just dollar-cast average in and don’t worry about it. wait there to 12 months and then sell it higher.”
Solana is trading for $139.15 at time of writing, up more than 4% in the last 24 hours.
Lastly, the analyst says says that the governance token of the decentralized finance protocol Ethena (ENA) appears likely extend its upward momentum after retesting the Fibonacci retracement level at $0.76.
“ENA: I’m out of this one but I think it looks solid. .618 Fibonacci + support/resistance level and market looking ok.”
#BTC #Solana’ #ethena_labs $BTC $SOL

Fantom Aims To Attract Memecoin Traders, Reserves $6.5M FTM: Report

Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5 million worth of its native token, FTM, as a reward for developers.
Michael Kong, the CEO of Fantom Foundation, hinted at the platform’s efforts to create a friendly environment where the community can launch safer memecoins. Kong also highlighted Fantom’s adherence to security and privacy as it plans to introduce technical and non-technical measures to block rugs and scams.
CoinMarketCap, a prominent crypto data aggregator, shared an X post, unveiling Fantom’s initiative. The aggregator wrote, “In a bid to tap into the booming $50 billion memecoin sector, Fantom, a layer-1 blockchain network, is taking steps to establish a safer environment for memecoin projects.”
On April 30, Michael Kong announced a 10 million FTM prize pool worth $6.5 million for memecoin teams in an effort to attract memecoin traders. Through memecoins, Kong envisions gaining more customers and achieving success.
Further, Kong asserted that Fantom prioritizes customer demands; Fantom aims to satisfy its customers by fulfilling their needs. In its latest move, Fantom intends to provide a safe memecoin space with a democratic distribution of tokens to the community.
Meanwhile, FTM has slightly emerged from the bearish track, with a marginal increase of 2% over the last 24 hours. However, the token, currently priced at $0.6773, has been exhibiting severe downturns over the last month. FTM experienced notable 10% and 22% declines in the last week and month, respectively.
#BullorBear #Memeoins #FANTOM.

Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up
Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans.
Co-founder and former CEO of BitMEX crypto exchange Arthur Hayes has shared his thoughts on the price action of Bitcoin (BTC). Hayes, who is an industry expert, revealed in a Friday blog post that the crypto may just have bottomed in and is expected to slowly climb back up over the next few days.
According to Hayes, the recent market slump was nothing short of expectation. That is as conditions, including the US tax season, uncertainty over Fed actions, the “sell the news event” of Bitcoin halving, and other things contributed to the price action that brought over 23% correction to the market. To Hayes, however, all that happened was merely a “well-needed market cleansing”.
Steady Rise Up Next for Bitcoin, Says Arthur Hayes
The former BitMEX chief believes that a resurgence is now in order for the crypto markets after the just-concluded selloffs. He claims that the rise will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening (QT) taper and the US Treasury’s debt issuance plans.
Hayes says that the QT program by the Fed effectively injects more liquidity into markets, which could theoretically increase the amount of stimulus provided to the global assets markets. Consequently, this liquidity is also expected to make its way into riskier assets, including cryptocurrencies, hence creating a buying pressure. An excerpt from the post reads:
“By reducing the rate of QT from $95 billion to $60 billion per month, the Fed is essentially adding $35 billion per month of dollar liquidity.”
#BTC #bitcoinhalving #BullorBear $BTC

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Crypto community triumphs: Token2049 attendees brave Dubai storms

Despite the difficulties faced by crypto community members who flew to the United Arab Emirates because of the Token2049 event, the number of attendees who persevered surprised community leaders who came to the event.
On April 18, the attendees were met with blocked roads and challenges that could make many people just turn around and fly away from the country. 
Leaders in the space who were scheduled to have interviews with Cointelegraph were stuck in different airports and had to turn back because of the situation.
Tether CEO Paolo Ardoino had to wait an extra two hours in the sky because the plane was unable to land due to the storm. “I was quite lucky because I only spent two more hours in the sky,” said Ardoino.
However, after witnessing the number of people who still made it to the event, Ardoino expressed gratitude because of the type of people crypto community members were.
Ava Labs founder Emin Gün Sirer also shared the challenges their team went through as they went to the event.
“It was very difficult to come here. We were landing in the middle of the biggest storm ever. We spent five hours on what should’ve been a 20-minute landing,” he said.
Among the attendees, almost everyone faced their own difficulties. Still, in the middle of the first day, the Token2049 team stopped accepting new registrations as all tickets were sold out.
Crypto community members indulged in the various activities available at the event. This included various content-packed talks, project booths, and networking.
Ultimately, the crypto community showed resilience amid a historic storm that made attending the event difficult.
#Token2049 #Megadrop #BullorBear

Hong Kong Approves Bitcoin and Ethereum ETFs, Market Reaction
How Hong Kong’s move is seen as a better standing point compared to the SEC’s. The Securities and Futures Commission, the Hong Kong market regulator, has followed the US steps by approving Bitcoin and Ethereum-tied exchange-traded funds (ETFs).
At least three Chinese asset managers – ChinaAMC (HK), Bosera, and Harvest Fund – have posted on the social media platform WeChat (Weixin) that they had been approved to list spot Bitcoin and Ether ETFs in Hong Kong. 
The announcement seems to have outpaced an official statement from the Securities and Futures Commission that has not commented on the ETF approval yet.
How Significant an Approval Is
Hong Kong’s preliminary approval of spot ether exchange-traded funds could give the region a competitive edge over the U.S. in the retail spot ETF market. In the latest interview for The Block, Gary Tiu, executive director at Hong Kong-based OSL Securities.
OSL was approved as the first sub-custodian partner for ChinaAMC’s BTC and ETH ETFs. The same outlook is shared by Angel Ang, a former regulator at the Monetary Authority of Singapore and senior policy advisor at blockchain intelligence firm TRM Labs. He exclusively commented for The Block:
“Hong Kong’s approval of the spot ether ETFs comes ahead of a US decision and is a significant milestone in Hong Kong’s journey to become a leading crypto hub. “With fewer alternatives for Ethereum exposure, we might see the ether ETFs attract more investor interest.”
The Hong Kong approval came amidst the SEC’s scrutiny of the Ethereum Foundation, which seems to halt the process of allowing Ether ETFs to be listed.
Read Also: Is SEC Halting the Ethereum ETF?
SFC’s ETF approval marks the global trend for crypto’s institutional adoption, accelerated this year. Simultaneously, Ukraine released its first stablecoin UAHg,which has already been used by WhiteBIT to introduce fostering activities for the users.The ones also include a pre-halving contest, set to highlight the significance of the event.
#BullorBear #Megadrop #WhiteBit

Unpleasant SHIB Signal

Shiba Inu has recently flashed a warning indicator: its 21-day EMA has dipped below the 50-day EMA. Usually, that cross is not considered a type of signal that would hint at serious problems for assets.
#SHIB #BullorBear $SHIB

Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia

A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins.
Starting with Sei (SEI), the analyst pseudonymously known as Altcoin Sherpa tells his 215,200 followers on the social media platform X that the native token of the layer-1 blockchain “could be a decent trade” as it sits at a pivotal area.
Based on the analyst’s chart, SEI is resting on the 0.618 Fibonacci retracement level and slightly below the 200 exponential moving average (EMA) on the daily chart. The Fibonacci retracement levels are based on Fibonacci numbers and are used to determine support and resistance levels.
Next up is the Pepe (PEPE) memecoin. Based on the pseudonymous analyst’s chart, it appears that the memecoin is sitting slightly above the 200 EMA and the 0.618 Fibonacci retracement level on the 12-hour chart.
Next up is the governance token of the decentralized finance protocol Ethena (ENA). The pseudonymous analyst says that he has accumulated ENA as it lies at a potential reversal point (just above the 0.50 Fibonacci retracement level) following a correction from the all-time high reached earlier this month.
Next up is Celestia (TIA), a blockchain designed to enable just about anyone to launch their own decentralized network easily and cheaply. Altcoin Sherpa says that TIA currently appears attractive for accumulation after demonstrating a strong recovery following a significant market correction.
#PepeToRunTheBull #Ethena! #celestia

R. Kiyosaki says Bitcoin is going through the roof on the verge of World War 3
Amid escalating geopolitical tensions in multiple regions of the world, the famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has opined they could lead to another World War and that Bitcoin (BTC) would do well in such circumstances.
As it happens, Kiyosaki discussed the future of banks, Bitcoin, gold, real estate, and the state of the world as he sat down with Gerald Celente, the editor and producer of the Trends Journal, for an episode of Kiyosaki’s The Rich Dad Channel podcast that premiered on April 17.
BTC price prediction
As a reminder, Kiyosaki has long supported the flagship decentralized finance (DeFi) asset, which he believes could one day hit the price of $2 million, agreeing in his view with Cathie Wood, the founder and CEO of ARK Invest, which manages several exchange-traded funds (ETFs).
Meanwhile, the maiden crypto asset was at press time trading at the price of $64,700, recording an increase of 5.27% on the day, reversing the losses of 8.31% from across the week, and accumulating a gain of 2.49% on its monthly chart, as per the most recent information retrieved on April 19.
#bitcoinhalving #BullorBear #BTC🔥🔥🔥🔥🔥🔥 #Kiyosaki

100 blocks remain until Bitcoin halving

The excitement in the cryptocurrency community is mounting as one of the most important events in the crypto industry – Bitcoin (BTC) halving –  is just hours away, with only 100 blocks left before the reward for mining the flagship decentralized finance (DeFi) asset cuts in half.
Indeed, although predicting the exact Bitcoin halving dates is challenging, the more accurate method of understanding when this will happen is counting down the leftover blocks to be mined, and the Bitcoin block reward halves every 210,000 blocks – coinciding with a period of roughly four years.
As a reminder, Bitcoin’s original creators have introduced this scheduled reduction mechanism to decrease the number of new Bitcoin coins going into circulation and keep the supply in check, limiting it to a finite total supply of 21 million BTC and setting it apart from conventional fiat currencies.

When is next Bitcoin halving?
Hence, after the first Bitcoin halving in November 2012, which reduced the mining reward from 50 to 25 BTC per block, the following event happened in July 2016, when it dropped from 25 to 12.5 BTC. The third halving event occurred in May 2020, reducing the block reward by another 50%.
Specifically, the next Bitcoin halving will further reduce this reward – to 3.125 BTC and will happen at exactly 840,000 blocks mined. According to data from multiple Bitcoin halving countdown platforms, there are now fewer than 100 blocks left until this comes to pass.

The cryptocurrency exchange WhiteBIT didn't stay behind and launched a highly viral campaign with the hashtag hahahalving_WhiteBIT. It turned out to be very creative and with good cash prizes.
$BTC
#bitcoinhalving #BullorBear #BTCHalvingApril2024 #WhiteBit

Omni Network Token Crashes 56% after Airdrop Distribution 

Scammers created a fake token with the same name, OMNI, to take advantage of the excitement surrounding the Omni token launch, which aims to connect Ethereum rollups. 
Omni Network (OMNI) lost more than 56% of its market value after its airdrop distribution and exchange listing on April 17, 2024, as investors dumped the token back into the market. According to CoinGecko data, the token’s value crashed from $53 to $23 within the past 24 hours.

OMNI Underperforms after Airdrop Distribution
Starting at 11 am UTC on Wednesday, Omni distributed approximately 3% of its total token supply of 100 million to early adopters who interacted with the blockchain before launch. The airdrop allocation extended to the platform’s community, restakers in EigenLayer, and those on Beacon.
In less than 60 minutes after the token was distributed and listed on exchanges such as Binance, ByBit, Bitget, and KuCoin for trading, its value dipped 30% to around $39 from $53.
The token continued on a downward trajectory, with its market cap slipping from the $560 million it recorded before the airdrop to $245 million. It currently boasts a 24-hour trading volume of $737 million.

The decline aligns with the broader market downturn, which saw the two leading cryptocurrencies in the industry, Bitcoin (BTC) and Ethereum (ETH), plummet below $60,000 and $3000 before recovering slightly.

Fake OMNI Token Rug Pulls With Investor’s Funds
Scammers created a fake token with the same name, OMNI, to take advantage of the excitement surrounding the Omni token launch, which aims to connect Ethereum rollups.
However, according to blockchain security company PeckShield, which identified and exposed the scam, the project “rug pulled,” causing the token’s value to plummet by 100%.
#OMNILAUNCHPOOL #OMNICOIN #Airdrop‬⁩s $OMNI