#Shiba Inu has shown remarkable movement in recent days. While its price fell to $ 0.00001370, it experienced a weekly increase of 15.75% and its 24-hour trading volume increased by 46%. Binance's increase in liquidity with 135 billion #SHIB transfers gives clues about the future of the market.
Shiba Inu continues to take part in a remarkable struggle as a popular meme coin. Although SHIB's price has recently fallen to $ 0.00001370, investors' expectations are still quite high.
🔥Major SHIB Transfer from Binance
During the recent market volatility, the world’s largest crypto exchange Binance transferred 135 billion SHIB tokens. This transfer was recorded as one of the largest transfers in history and was classified as a redistribution of funds rather than a major withdrawal.
💰Redistribution of funds is usually done to increase liquidity. As one of the largest holders of SHIB, Binance may have made the most of its SHIB holdings with this transfer. It can also be assumed that Binance aims to ensure easy withdrawals and investments by keeping its SHIB reserves balanced.
👥️25 million dollars evaporated in 12 seconds! Unprecedented, 2 brothers involved!💰
Digital currencies such as #Bitcoin and #Ethereum are distributed using blockchain technology, and there is no central authority that governs this system. Two brothers studying at one of the most prestigious universities in the USA managed to steal $25 million worth of cryptocurrency in 12 seconds by manipulating the protocols trusted by millions of Ethereum users worldwide. So how did Anton Peraire-Bueno and James Pepaire-Bueno, who are in their 20s and have signed an unprecedented fraud event in the world, do this!
💡Approval for the use of cryptocurrencies in international payments in Russia! With the decree signed by Russian President Putin, the use of cryptocurrencies in some areas has become legal as of September.
🔥The decision taken in Russia is stirring up international markets! Russian President Vladimir Putin has approved the law that makes the experimental use of cryptocurrencies in international payments and Forex transactions legal.
With the decree signed by Putin, the use of cryptocurrencies in some areas has become legal as of September. Accordingly, the experimental use of cryptocurrencies in international payments and Forex transactions will begin and the Central Bank of Russia will supervise the process.
CRYPTOCURRENCY MINING HAS ALSO BECOME LEGAL!
✒️With another decree signed by Putin today, cryptocurrency mining had become legal in the country.
Elvira Nabiullina, the Governor of the Central Bank of Russia, stated on July 30 that cryptocurrencies could be used in international payments by the end of the year.
However, since many countries are developing their own rules for cryptocurrencies, how cryptocurrencies will be used in international trade and the security of this system remain uncertain.
💡 The final decision has been announced in the case between the company behind XRP, #Ripple , and the US Securities and Exchange Commission (SEC), which has been ongoing since December 2020. Accordingly, the court ruled that XRP sales made through cryptocurrency exchanges were legal. In contrast, institutional sales were considered investment contracts.
On the other hand, Ripple was fined $125 million. The SEC initially requested a $2 billion fine from the court, but later reduced this amount to $102 million. Ripple, on the other hand, offered to pay only $10 million. Strong rise in XRP: Ripple's SEC fine has been announced! The final decision has been announced in the case, which has been ongoing for about four years. The sale of XRP on exchanges was accepted as legal. Ripple, on the other hand, got away with the case by receiving a $125 million fine due to institutional sales. The price of #XRP started to rise after the penalty was announced and the decision was now final. The cryptocurrency, which was traded at $ 0.50, increased by more than 25 percent in minutes to $ 0.64.
⚠️Why Are Cryptocurrencies Falling? Spot Gold price quickly fell by 3 percent and fell as low as $2,306. In addition to this decrease, it decreased to $#Bitcoin 69,300. The data, which came 1 hour before the US markets opened, contained worrying details about the economy. After the last good data, Non-Farm Employment data came in more than 20% above expectations. Wage increases increased by 0.4% monthly, indicating the continuation of demand inflation.
💡A few seconds ago, the drop of $BTC led to a test of $69,000. Before December, there was a certain possibility that the Fed would cut interest rates, but this too was overturned. Half of the investors now say that there may be a rate cut in September. If we see strong net outflows in the last ETF channel after the stock market close, this could trigger unpleasant movements for altcoins over the weekend. A few hours ago, we gave the example of BNB Coin at $700 and talked about the risk of falling to $635. It has already dropped to $670.
🐮 Shiba Inu Bulls Are In Heat! With Bitcoin (BTC) and Ethereum (ETH) prices falling, there was a significant change in the crypto market today, when total liquidation exceeded $155.7 million. Among the affected altcoins, Shiba Inu ($SHIB ) stands out with the liquidation of $1.95 million in 24 hours. This means that more than 75 billion #SHIB were liquidated in a 24-hour period.
🔎According to data from CoinGlass, the biggest burden of this SHIB liquidation is felt by token bulls. Traders with long positions in Shiba Inu recorded a total liquidation of $1.7 million.
⁉️This figure is quite high compared to the total liquidation of $ 255,590 in short positions. Going long in Shiba Inu was a logical move considering how the token started this week. Its price rose as much as 15% on May 28, temporarily becoming the ninth largest digital currency, surpassing Avalanche (AVAX), Toncoin (TON), and Cardano (ADA). However, the current price drop and liquidation situation has pushed Shiba Inu back to 11th place.
💰He found the password for the million dollar #Bitcoin wallet after 10 years! 🤩
💡The lost password of the wallet containing 43.6 $BTC , which was purchased in 2013 and worth approximately 3 million dollars at today's prices, was found years later. The people who discovered the password were two hackers who specialize in this field.
A man named Michael, whose identity is kept secret, set up his wallet in 2013 and used the RoboForm platform to generate passwords. Michael, who did not want to store the password he created in RoboForm due to security concerns, kept it in an encrypted file. After a while, the encrypted file was corrupted and the owner could not access the 20-character password and therefore the 43.6 BTC in the wallet. In 2022, Michael contacted hacker named Joe Grand for help. Grand was previously famous for recovering lost Bitcoins kept in the Trezor brand wallet.
🔎Grand started working with a friend named Bruno to crack RoboForm's software. They discovered a vulnerability in the software's password generator. Allegedly, the password was set according to a specific date and time on the computer where the password was created. Although the company closed the vulnerability in 2015, previously created passwords could be accessed this way. While Michael did not remember when he created the password, hackers determined that Bitcoins were transferred to the wallet on April 13, 2013. Then, they tried many passwords one by one until they found the correct one.
🚀Grand and Bruno, who managed to open the wallet, took some of Michael's BTC. Michael, who also sells some for himself, currently owns $2 million worth of Bitcoin. Speaking to Wired, the investor said that he will hold his Bitcoins until the price reaches 100 thousand dollars. He also stated that he was happy to lose access to the wallet because his Bitcoins gained great value in this way.
🔥 Free 💰 Will be distributed! Lucie, the marketing leader of one of the leading altcoins, Shiba Inu ($SHIB ), announced in a recent post on X that an important AirDrop is approaching on Shibarium. The announcement caused great excitement in the altcoin community.
🔎Details of AirDrop Announcement! Lucie shared details of her conversation with Buzz, co-founder of K9 Finance, an official Shibarium partnership project. Planned accordingly, AirDrop aims to reward users for their dedication and loyalty to the #Shibarium ecosystem.
Lucie began her speech by praising Buzz and underlining his reliability and honesty. “As always, Buzz continues to impress, not only as an outstanding developer, but also as someone whose word you can trust,” continued Lucie. “It is my pleasure to underline his integrity in a field where reliability is a rare trait.” he continued. This approval set a positive tone for events to be held on Shibarium and highlighted the trustworthy nature of the developers in the ecosystem.
💡The highlight of Lucie's post was the announcement of AirDrop, which she described as an opportunity to earn free tokens. #Shiba “You will be able to earn points simply by connecting to Shibarium, using Shibarium, and owning certain altcoins like LEASH and Knine,” said Inu’s marketing lead. This initiative aims to reward users for their dedication and loyalty to the Shibarium ecosystem. The distribution of tokens will be based on participants' holdings and activities, making it a highly anticipated event for the community. #shib
🔥 #Shiba Inu 600 Percent Rally, Crazy Bull is Coming!
🐮 $SHIB Bitcoin gained value and recorded rapid growth after the halving event. The cryptocurrency analyst stated that Shiba Inu is currently in the consolidation phase and there may be a breakout in its price soon. Analyst forecasts predict an increase of around 600% in the coming months.
🚀A cryptocurrency analyst who shared his analysis on TradingView emphasized that Shiba Inu could rise by 600%. According to this estimate, SHIB could increase by 600% to $0.0001 in the next quarter. If this prediction turns out to be true, the Shiba Inu will surpass the previous all-time high of $0.00008616 reached in May 2021.
💰The analyst recommended investors buy the dip in Shiba Inu and predicted that the price will rise rapidly in the coming months. "We're still in a solid accumulation zone. Buy this dip," he wrote.
⚠️However, there is no guarantee that SHIB will rise by 600% and reach a new peak. The cryptocurrency market is extremely volatile and can bring huge losses to investors. It is highly recommended that you conduct detailed research and assess your own risk before introducing a Shiba Inu.
💡Last 4 Days Left for the Big Day: 2 Analysts Expressed Their Views The SEC will make an important decision that will affect the fate of the cryptocurrency market on May 23!
The U.S. Securities and Exchange Commission (SEC) will make an important decision on the approval of the #Ethereum ETFs within the next week. However, according to Ric Edelman, President of the Digital Assets Council of Financial Professionals, the lack of a comprehensive regulatory framework for cryptocurrencies could lead to a negative outcome. Edelman, a famous investor and personal finance writer, expects another delay in the decision. “I think there will be another delay, which obviously isn't all bad news,” he said in an interview on CNBC's "ETF Edge" this week. However, the SEC will have two options, an approval or a rejection, in its decision on May 23. But a rejection also ultimately means a postponement.
🔎 Edelman said, “Without any police on their heads, it forces investors to go on their own outside of the investment advisory community because the community can't help them because we don't know what the rules are. And they find themselves involved in fraud and fraud.” said.
Meanwhile, Bitwise Asset Management's Chief Investment Officer Matt Hougan is also defending the new rules. He argued that “80-year-old securities laws do not fit neatly into this world of digital assets, crypto and 21st century technology.”
⁉️Bitwise has its own application for a spot ethereum ETF, and Hougan remains hopeful about its future. “We have entered the ETF era for crypto. We saw #Bitcoin ETFs hit the market. We've seen the great things they do for investors, reducing costs, improving regulations, increasing safety, security and peace of mind. “I think we will achieve this in Ethereum as well,” he said.
💡Famous Cryptocurrency Trader Annoyed: “I Sold All My Bitcoins”
Popular analyst and trader Michaël van de Poppe announced that he sold all his Bitcoins ($BTC ) and bought altcoins. In his X post dated May 16, Michaël van de Poppe announced that he sold all his Bitcoins. Poppe, who does not deny that the cryptocurrency market is in a bull cycle, noted that he aims to buy more Bitcoin than he sells in the coming period. The analyst continued his statement by stating that Bitcoin will not peak in this cycle and that he has not lost his faith in the long term. However, he emphasized that he is currently selling high and will buy back at lower levels, anticipating that the price will drop further.
️Why did he turn to altcoins? Stating that altcoins have been crushed senselessly against Bitcoin and that the Bitcoin parity of most altcoins has reached very low levels, the analyst said that an inevitable rise is at the door. On the other hand, he noted that if the Ripple (XRP) case has a positive outcome, the market may experience FOMO with this clarity. He predicted that even if the Bitcoin price did not fall, he could increase the amount of Bitcoin in his possession thanks to the appreciation of altcoins against Bitcoin. Poppe included #DePIN and #RWA among the altcoin categories where you expect the most rise:
🔎From this perspective, I think altcoins are being crushed unreasonably hard. The increase is undeniable. DePIN and RWA will be huge, more and more traditional companies are migrating to the Web 3.0 ecosystem. If you want to get a big return, it's time to dedicate yourself to it. So this cycle is relatively the last easy cycle to make a lot of money from altcoins. I gladly take this bet and risk. I invest entirely in altcoins with peace of mind.
🔥According to the Analyst Who Knows the Fall in 2018, Bitcoin Will Set a New Record!
💸 Experienced analyst Peter Brandt, CEO of Factor LLC, expects the rise in Bitcoin to continue. Peter Brandt shared a chart on his social media account and explained what direction he thinks Bitcoin will move in. The experienced investor stated that the pump process started after the dump process in Bitcoin.
🚀 #Bitcoin broke the price record this year, reaching $ 73,835. Brandt thinks it is unlikely that this is the peak level that will be seen in this cryptocurrency cycle. “Pre/Post-Halving cycles indicate that the current bull trend will peak in Summer/Fall 2025, reaching a range between $140,000 and $160,000,” Brandt wrote in an analysis in the past weeks. said.
The analyst expects the bull market in Bitcoin to continue until September/October 2025. $BTC $ETH
🔥#Shiba Good news for investors from Inu ($SHIB )! Token's Price Increased Rapidly!
💡Shiba Inu (SHIB) gave good news to its investors by announcing the launch of ShibaSwap in Layer-2 scaling solution Shibarium. Here are the hot developments in the popular meme token! In the Shiba Inu ecosystem, the long-awaited release of ShibaSwap on Shibarium may mark a paradigm shift for the project. Although ShibaSwap was first launched on the Ethereum network in 2021, moving to Shibarium is a great validation for the latter.
🚀Good News for Investors from SHIB
Despite its launch in August 2023, Shibarium hasn't welcomed a major decentralized application to serve as its flagship application. According to Shiba Inu, ShibaSwap will help strengthen the spirit of the community by supporting true innovation. At #ShibaSwap users can create new Liquidity Pools (LP) on Shibarium. Specifically, with ShibaSwap on Shibarium, users can now swap tokens from the L2 network to Ethereum and vice versa.
In addition to these primary functions, the protocol emphasized that users can also stake from ShibaSwap. This development may be necessary to continuously power the entire SHIB ecosystem. More transactions will be performed on Shibarium through integration as specified in the protocol. In particular, this development can effectively accelerate the rate at which new tokens are burned and taken out of circulation.
#💡Today is Literally a Big Day for Cryptocurrencies!
The price of #Bitcoin is at $61,500 at the time of writing and the current outlook for altcoins is bad. We also see the situation of investors with weakened risk appetite in volume data. What is worrying is the potential for negativity on the macroeconomic front to suppress cryptocurrencies for more than a few months. So why is tomorrow the big day?
️A critical data that may shake the risk markets will come before the US stock market opens tomorrow. Of course, I'm talking about the US April inflation data. This data was terrible in the first quarter, and for months, Fed members advised not to be pessimistic but to see more data and evaluate whether the road map should be updated accordingly.
🔎The US Core Producer Inflation data, released on May 14, came in at 0.5% monthly. This figure was expected to be 0.2% under normal conditions. The fact that the PPI data has not cooled down brings with it the concern that we may see a bad surprise in the CPI data. This concern clearly explains today's price, which is stalled at $61,500. If the US inflation data comes in above the 3.4% expectation tomorrow, things could get complicated. The monthly expectation is 0.4% and the target for core inflation is 3.6% (previously 3.8%). Investors' eyes will be on the announced figures of these data. We will share this data at the last minute. If the data is higher than expected, we may see sharp declines depending on how high it is. Although Powell's statements today did not mention additional interest rate increases "for now", they focused on the possibility of "delayed interest rate cuts". If this "tight monetary policy" story is voiced louder and the environment that makes it necessary remains strong, risk markets may see bad times. $BTC $ETH
⚠️39 Important Developments in Cryptocurrencies in May!! 💡The boring days continue in the cryptocurrency markets and the direction has not been determined yet. So what will happen this week? Every week on Sunday we cover the important developments for the next 7 days. It is possible for investors to prepare in advance for developments that have the potential to increase volatility and benefit from the process. So what awaits cryptocurrency investors next week?
🔎Major Crypto Developments of the Week This month's data pointed to a slackening on the employment front and a slowdown in wage growth. However, since the first quarter's inflation data was bad, Fed members drew attention to the risk of further tightening. The important developments of the coming days (Turkish Time) are as follows.
Monday, May 13
12:00 EU Economic Forecasts
16:00 Fed/Jefferson
16:00 Fed/Mester
Tuesday, May 14
15:30 US Core Producer Price Index (Expected: 2.3% Previous: 2.4%)
16:10 Fed/Cook
17:00 Fed/Powell Will Speak
Google Developer Conference
DYDX ($4.3 Million) Lock Opening
Alibaba Earnings Report
Wednesday, May 15
15:30 US Core Consumer Price Index (Expected: 3.6% Previous: 3.8%)
15:30 US Core Retail Sales (Expected: 0.2% Previous: 1.1%)
19:00 Fed/Kashkari
22:20 Fed/Bowman
SEC 13F Applications (The question of who is buying BTC ETF with assets over $100 Million will be answered)
💡Best $SHIB Price Predictions! Many Analysts believe that SHIB is ready for a bull run!
Analyst Del Crxpto claimed to know what will happen in the future. That's why he jumped on the SHIB bandwagon as an investor, he said.
“I know the future, I know what awaits SHIB. I will not share this information as I do not want to damage my SHIB relationships. But I will tell you this: I am saving $SHIB .”
Another popular analyst involved in the Shiba Inu ecosystem is Ali Martinez. He argued that the asset's price trajectory "formed a bull flag" on the daily chart, raising hopes for a 300% rally. Rekt Capital and CRYPTO SHERIFF also expressed their opinions on this issue. Rekt Capital stated that the value of SHIB has returned to the levels of early 2022. The trader assumed that the price could skyrocket to triple digits if it broke through the critical resistance level of $0.00002741.
Observe These Important Factors
There are several factors that indicate that the SHIB price explosion may indeed be on the horizon. The burn rate, which jumped over 4,000% a few days ago, is one of them. The ultimate goal of the program is to reduce the supply of #Shiba Inu by trillions over time, making the asset scarcer and potentially more valuable. The further development of Shibarium is also an important development. Meme coin's layer-2 scaling solution has recently undergone two major upgrades to improve user experience and increase compatibility with popular wallets such as MetaMask, Coinbase Wallet, and Trust Wallet. Additionally, #Shib exchange net flows have been predominantly negative over the past seven days. This signaled a shift from centralized platforms to self-custodial wallets. This type of move can be interpreted as bullish as it reduces sudden selling pressure.
🔥 Two Important Developments Expected for #Bitcoin After the Halving May Ignite the Ascension Fuse!
🔎 Bitcoin's long-awaited halving event ended on April 20, and the asset's block mining reward dropped from 6.25 Bitcoin to 3,125 Bitcoin. This was the fourth reward halving since Bitcoin's inception, and historically these events have been followed by significant price increases. After the 2012 halving event, Bitcoin's value increased by an impressive 9,500%, while the 2016 halving event saw a 3,000% increase over the following year.
💡 Spot Bitcoin exchange-traded funds based in the United States have seen remarkable growth since their launch in January 2024. BlackRock's iShares Bitcoin Trust (IBIT), for example, experienced a massive 71-day streak of daily inflows, reaching nearly $15.5 billion in assets before finally recording zero net inflows on April 24. This milestone places IBIT among the top 10 of the last 10 longest entry series.
💸 Despite IBIT's pause, other $BTC ETF funds such as Fidelity's Wise Origin Bitcoin Fund and ARK Invest's ARK 21Shares Bitcoin ETF fund continued to attract decent inflows during the same period. In fact, since their launch, US spot Bitcoin ETF funds have accumulated $12.3 billion in assets under management. However, it is important to recognize that inflows have slowed somewhat in the second quarter of 2024 compared to the first quarter's peak of $6 billion in February. However, analysts continue to expect an increase due to continued demand.
💡I Have Confidential Information! Flash Statement About #Shiba Inu from the Famous Analyst!
Excitement and skepticism in the world of Shiba Inu $SHIB continues to increase day by day. Del Crxpto, one of the leading names in the cryptocurrency industry, stated that he had confidential information about future developments that he believed could take SHIB to new heights and created a new wave of rumors.
⁉️Del Crxpto, known as a prominent Shiba Inu supporter, recently made a statement and stated that he has confidential information regarding news that is thought to significantly affect the value of SHIB. However, he stated that he needed to maintain his anonymity and did not see fit to reveal any details for now, citing the need to protect his connections with the Shiba Inu's authorized team. This questionable stance increased the rumors within the SHIB army, who are defined as the biggest supporters of the cryptocurrency.
Encouraged by Del Crxpto's statements, this team became aggressive in their behavior and added to their assets based on the idea of the information being made public.
💰The accumulation view existing in SHIB appears to be reflected in the on-chain data of cryptocurrency transactions. Santiment, which serves as a blockchain analysis firm, stated that there has been a noticeable increase in the number of addresses holding between 10,000 and 10 million SHIB tokens since March.
Some participants of the SHIB Army are voicing their dissatisfaction more loudly with the silence of Shytoshi Kusama, the secret creator of the Shiba Inu ecosystem. Kusama's lack of participation in discussions that have been going on for a long time seems to have created question marks within the community.
Del Crxpto participated in the discussions to defend Kusama and emphasized to #SHIB Ardus that his silence was just a strategic move.
🌟 3 billion dollar purchase from #Bitcoin whales: “We are entering a new era” Wallets holding large amounts of Bitcoin purchased 47,500 BTC in just 1 day. Commenting on the issue, CryptoQuant CEO Ki Young Ju said, "We are entering a new era." said.
💡Bitcoin has completely healed the Fed's wounds. The number one cryptocurrency by market value exceeded $64,500 today. In this rise of Bitcoin, which has been continuing since Thursday, it was determined that large investors, also called "whales", collected 47 thousand 500 $BTC . According to the data provided by the on-chain data platform CryptoQuant and last updated on May 2, the total assets of whales active in 24 hours increased from approximately 450 thousand 600 BTC to approximately 498 thousand 100 BTC. In other words, whales bought 47 thousand 500 BTC in a short period of 24 hours. The rise of Bitcoin also confirms the large purchase by whales. CryptoQuant CEO Ki Young Ju said, “Bitcoin whales accumulated 47 thousand BTC in the last 24 hours. “We are entering a new era.” he commented.
🐳While whales increased their Bitcoin purchases, there was also a first in the Grayscale ETF. Grayscale's Bitcoin ETF closed the day positive for the first time since the ETFs were launched on January 11. The ETF, which has been selling every day for about 5 months, received a net investment of $63 million this time.
🔥Bitcoin whales accumulated 47 thousand 500 BTC in 1 day, according to the latest data updated on May 2.
🐳Arthur Hayes: Market clearing in crypto is complete! we stay
💡Arthur Hayes, one of the people closely followed by the crypto world with his blog posts, stated that the declines that started in mid-April and continued until today were "necessary". "Tourists will come again when the prices rise. If they can afford it... We will continue to remain strong men," Hayes said. Showing the tax period in the USA and the uncertainty of the Fed, Arthur Hayes stated in his new article that the declines are largely over.
🚀“It will rise gradually” “Many of you called for 'Help' during the declines seen since April. Here, weak hands like Irene Zhao (*who said she sold all her cryptocurrencies and withdrew from the market to never buy again) fled crypto. They couldn't handle this pain. However, one day he will return and start tweeting again as if it were his duty. In fact, the price action went exactly as I expected. US tax season and Fed uncertainty combined with halving sales. Inflows into Bitcoin ETFs decreased. The necessary market cleaning has also been completed. During the next rise period, tourists will come and sit on our beach again. Of course, if they can afford it… We, the strong men, will continue to accumulate our favorite cryptos like Bitcoin and Ether. We will also take higher level 'shitcoins' such as #Solana #Dogwifhat and #Dogecoin . "I think the prices will rise from the bottom, by force and by force."
📌“I expect 60-70 thousand in the summer months”
“I do not think that the impact of the billions of dollars that will be included in the system every month on crypto will be seen immediately. I predict that prices will rise slowly and move between 60 and 70 thousand dollars by August. Are the Fed's latest statements a secret sign that the money printing era has begun? Yes…"