Crypto Web3 Today

Bullish

4h・115.4k views

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Elon Musk Makes Surprising Cardano (ADA) Move, But There's Big Catch.

Tech centibillionaire, owner of Twitter/X platform and several other innovative tech companies Elon Musk has shown signs of interest in Cardano and its native coin, ADA, recently, according to a tweet by a major ADA-focused X account.

User @CardanoFeed published a screenshot showing that Elon Musk now follows his ADA news handle. "Welcome aboard!" he tweeted, tagging Elon Musk.

This comes as a surprising turn, considering the fact that Musk is a firm supporter of Dogecoin and also often talks about BTC. In 2021, Tesla even acquired $1.5 billion worth of it, pushing Bitcoin to an all-time high in April that year. Tesla also accepted Bitcoin in the same period of time for a few months, until Musk shut it down over controversial environmental concerns regarding Bitcoin mining. Whenever ADA or other communities, such as SHIB or XRP, have been trying to get Musk's attention under his tweets, the billionaire has always ignored them.

This thing with ADA and Musk seems pretty convincing; however, in the comments thread, X user @CryptoIRELAND1 hinted that this is likely an April Fool's joke.

Elon Musk gets community rolling on the floor with his April Fool's tweet.

Earlier today, X owner Musk tweeted that he has taken the position of the chief DEI officer at Disney, adding that he looks forward to working with Bob Iger and Kathleen Kennedy to "to make their content MORE woke!"

The crypto community supported Musk's

trolling attempt and started publishing

memes to stress what they call the "woke

position" of Disney, Netflix and other giants from various business areas when it comes to social policy in various spheres of life.

Dogecoin eyes massive bull run, per analyst.

According to a recent tweet published by crypto analyst Ali Martinez, Elon Musk's favorite cryptocurrency, DOGE, currently mirrors the pattern it followed between 2018 and 2021. The latter is the year when the original meme coin reached an all-time high, hitting

Major Crypto Token Unlocks Alert for April! 🚨
➡️ $DYDX : $110M on April 1st
➡️ $SUI: $124M on April 3rd
➡️ $EEFI: $10M on April 4th
➡️ $DYM: $25M on April 6th
➡️ $GMT: $38M on April 9th
➡️ $CGPT: $15M on April 10th
➡️ $APT : $428M on April 12th
➡️ $NGL: $35M on April 12th
➡️ $SEI : $110M on April 15th
➡️ $ZBC: $11M on April 15th
➡️ $STRK: $141M on April 15th
➡️ $UNI: $111M on April 16th
➡️ $ARB: $153M on April 16th
➡️ $LMWR: $23M on April 16th
➡️ $AXS: $172M on April 17th
➡️ $MANTA: $81M on April 18th
➡️ $ALT: $63M on April 25th
➡️ $RON: $152M on April 27th
➡️ $AXL: $55M on April 28th
Stay informed and plan your investment strategy accordingly.#Memecoins #BinanceLaunchpool #BullorBear

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After Binance announced on the 29th that Ethena (ENA) would be listed on Binance as a new currency mining project, MakerDAO subsequently stated that it would deploy $100 million in DAI through Morpho Blue and distribute it to the sUSDe/DAI and USDe/DAI markets.

MakerDAO founder Rune also mint 5.66 million USDT into USDe through his personal address yesterday (30th). (figure 1)

So, what is Ethena? What is USDe again?

BitMEX founder Arthur Hayes published an article titled "Dust on Crust" in March 2023, which envisaged the creation of a synthetic U.S. dollar stablecoin through a combination of cryptocurrency and equal futures short perpetual contract position hedging. form. He ended the article by saying he wanted to support a reliable team to turn the idea into a reality, and Ethena was born.

Ethena is a synthetic dollars protocol built on Ethereum, with ETH as the underlying asset. USDe is based on equal amounts of spot ETH and futures ETH short mortgages. The two are hedged to become a delta-neutral stable asset. , Delta neutrality means that USDe's mortgage casting position is basically not affected by ETH price changes, thereby ensuring the reliability of the asset and the stability of USDe.

Ethena, inspired by Arthur Hayes, has also been favored by top institutions: it has received US$14 million in financing from Dragonfly, Binance Labs, GSR, Wintermute, etc., with a project valuation of US$300 million. (figure 2)

Ethena’s operating logic (Figure 3)

◎Assuming that the user deposits $100 of stETH, after deducting execution costs such as hedging, approximately $100 of USDe will be minted;

◎Ethena will automatically open an equivalent ETH U-based (USDT or USD) perpetual contract short position on CEX;

◎The stETH deposited by users will not be deposited into CEX, but will be transferred to custodians such as Copper, CEFFU, and Cobo to reduce possible risks (asset misappropriation, CEX thunderstorms, etc.).

This creates two sustainable revenue streams and rewards for staked USD#Memecoins #BinanceLaunchpool #BullorBear

Ethena (#ENA) Panorama of the Money Printing Machine Mode
Outline:
🚀 Ethena (ENA) Project Overview and Development Milestones
💡 Technology and Product Details
💎 Token Distribution
🌟 Investment and Market Performance
🗳️ Token Governance and Applications
💰 Token Price Prediction
Project Overview and Development Milestones:
Binance Launches Ethena (ENA): Binance launched Ethena (ENA) as the 50th Launchpool project and officially launched ENA on April 2.
Ethena and USDe Creation: Ethena is the creator of USDe, a synthetic dollar protocol built on Ethereum.
Market Milestone: In February 2024, Ethena launched a new USD stablecoin USDe with an annual interest rate of over 27%, and USDe supply has soared to over $1.5 billion, making it one of the fastest USD-denominated assets to reach this milestone in crypto history.
Technical and product details:
Inspiration and goals: EthenaLabs draws inspiration from Arthur Hayes' "Dust to Crust" article and is committed to creating a derivatives-backed stablecoin that solves the major problem of cryptocurrency's dependence on traditional banks. Its goal is to provide a decentralized, permissionless savings product for a wide audience.
USDe's innovative path: EthenaLabs' synthetic dollar USDe aims to be the first crypto-native, censorship-resistant, scalable and stable financial solution, achieved by delta hedging of collateralized Ethereum.
Internet Bond: EthenaLabs plans to introduce a product they call "Internet Bond" together with USDe. This will be a crypto-native, yield-generating, USD-denominated savings tool based on collateralized Ethereum returns and leveraging funding and basis differences in perpetual contracts and futures markets.
Differences from other projects: Unlike other CDP projects, EthenaLabs' USDe generates its USD value and yield by leveraging stETH and its inherent yield and taking ETH short positions to balance Delta and leverage perpetual/futures funding rates.
Strategy and Returns: This strategy allows the protocol to synthetically create a Delta-neutral CDP, holding Ethena's sUSDe (



CryptoRunes

1h・13.8k views

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Discover eight altcoins with the potential for impressive returns of 10-50x, some of which may soon be listed on major exchanges like Binance. Act quickly to seize early opportunities:

1. ENTANGLE (NGL): A comprehensive blockchain infrastructure facilitating seamless data provision to smart contracts across various chains.

2. ALEPHIUM (ALPH): A layer 1 blockchain addressing accessibility, scalability, and security issues encountered by decentralized applications.

3. NORMIE (NORMIE): A meme coin targeting the wider "normie" community, built on the Base blockchain.

4. CLEARPOOL (CPOOL): A decentralized credit market offering customized liquidity pools to institutional borrowers.

5. WOLFWIFBALLZ (BALLZ): An adventurous meme coin inspired by wolves, capturing the imagination of the crypto community.

6. IX SWAP (IXS): A secure trading platform for real-world assets and security tokens, powered by licensed custodians and broker-dealers.

7. DEGEN (DEGEN): A meme coin on the Base chain, appealing to risk-taking "degen" traders.

8. NETMIND (NMT): A global computing power network platform leveraging blockchain to decentralize artificial intelligence models.

Remember, it's crucial not to rush based on recent trends. Wait for market movements before acting. Join the community for free access to my bull market strategies, insights, and exclusive market information. Follow the nod for more details! 🚀

#Memecoins #BinanceLaunchpool #BullorBear

ENA will invest BNB and FDUSD into the ENA mining pool on the Launchpad website after 08:00 on March 30, 2024 to obtain ENA rewards. Mining can be done for a total of 3 days, which has already started.
Binance will be the first platform to list ENA. It will be listed at 16:00 on April 2, 2024. At the same time, an airdrop transaction of 750 million ENA will be conducted on the same day. After going online, ENA/BTC, ENA/USDT, ENA/ BNB, ENA/FDUSD and ENA/TRY trading markets
ENA’s financing is approximately US$30 million, and its valuation is approximately US$300 million. BinanceLabs Deribit, Bybit, OKX, Gemini, Huobi, Arthur Hayes and their family offices have all participated in the investment.
Ethena, the synthetic dollar protocol, is a new project belonging to the RWA sector. It is an open hedge fund that mainly uses spot purchases of ETH for pledge and tokenizes its trading collateral into stable coins. By shorting an equal amount of ETH, this strategy insulates Ethena’s net asset value from cryptocurrency price fluctuations while generating revenue from ETH staking and funding payments on its short position.
I like spot goods and want to raise funds together to stock up on spot stocks in the bull market.
Click on the avatar, follow me, face the fans, my bull market strategy layout, share for free, become a free blogger, just to increase fans. Just look at the profile on the homepage and you’ll be in the circle, free of charge #Memecoins #BinanceLaunchpool #BinanceLaunchpool

Guys, you are missing out on a big opportunity to participate in a huge ⚡TON💰 giveaway 🚀 see, tomorrow, that is, 03/31/2024, they will give away a tone worth 125.000.000 USDT, don’t lose your chance to get these coins, copy the link below ⬇️ paste into your browser 🌍
http://t.me/TONStartBot/app?startapp=r-1405879438
If it doesn’t work, turn on the VPN, link your wallet, go to the bottom there, complete the task, get XP and get rid of it, click to participate in the draw ⚡
Everything is legal and free 🔥
I wish you all good luck and a great day ⚡#BullorBear #Memecoins #BinanceLaunchpool

#Memecoins #BullorBear #BinanceLaunchpool WIF hit $4 today, with a market capitalization of $4 billion.
PEPE has become the third largest MEME in terms of market capitalization, behind DOGE with $30.5 billion and SHIB with $18.2 billion.
The soaring price of WIF has also caused WIF's largest individual/institutional currency holding address wifto100billy.sol (2Fcm...PE6d) to have a floating profit of US$134 million (+1440%)😱:
He started purchasing WIF through the address 5qYu....k3bf on 2023/12/13, and has spent a total of $9.33M to buy 37.62 million WIF (3.76% of the total WIF), with an average purchase price of $0.248.
Then transfer all the purchased WIF to the wifto100billy.sol (2Fcm...PE6d) address for storage. The sale of profit-taking has not yet started.
Address: 2Fcm8Z3wxjcwjhXiS3mSXeHQY62TYHhNK65zExFWPE6d

‘Shiba Inu About to Go on Another Run’ — Trader Reveals Crazy Pattern Pointing to New SHIB All-Ti...





ZyCrypto

27m・1.4k views

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In the crypto space, the hunt for patterns and trends is intense. Recently, a notable crypto strategist revealed an intriguing pattern that may happen for Shiba Inu (SHIB). The meme token has captured everyone’s attention in crypto.

With the potential for history to repeat itself, traders are eagerly eyeing SHIB as it looks in position for another significant run. Let’s delve into the insights shared by this trader and explore what this could mean for SHIB holders.

Revealing the Analysis

A crypto pundit, operating under the pseudonym Rekt Capital, has shared his insights. With a track record of accurately predicting market movements, Rekt Capital’s latest analysis focuses on SHIB’s current trajectory. With a sizable following on the social media platform X, Rekt Capital shared observations indicating that SHIB could repeat a pattern similar to the one during the 2021 bull run.

The key to Rekt Capital’s analysis is revisiting historical support and resistance levels. SHIB is around its crucial support level close to $0.0000279. This level is vital because Shiba Inu reached it during a past market cycle and hit a new all-time high of $0.0000861. Looking at the historical patterns, Rekt Capital points out similarities in SHIB’s price action, particularly in its encounters with resistance levels referred to as the “blue resistance.”

What’s Next for SHIB?

By examining SHIB’s behaviour further, Rekt Capital suggests that the token’s current trajectory could be the same as in late 2021. During this period, SHIB faced rejection at the blue resistance level and later retraced to test another level known as the “orange level” as a new support before going even higher.

This comparison led to many speculations among crypto enthusiasts about history repeating itself, signalling the possibility of SHIB gearing up for anothr

Traders are searching for the next big altcoin #WIF #sui #SHIB



future M L N R

2h・3.1k views

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Shiba Inu (SHIB) Price Prediction: April 2024

Shiba Inu (SHIB) seems to be turning the tide following the market-wide rally. The popular dog-themed cryptocurrency is up 6.6% in the last 24 hours, 19.3% in the weekly charts, and nearly 208% over the previous month. Moreover, SHIB’s price has risen almost 180% since late March 2023. However, SHIB is still down by 9.6% in the 14-day charts.

Also Read: If You Put $1000 In Shiba Inu on Jan. 1, 2024, How Much Could You Make?

SHIB’s latest rally could be due to Bitcoin (BTC) reclaiming the $71k level and inching closer to its all-time high. Moreover, BTC’s halving is just around the corner, which could send the original crypto to a new peak. In such a scenario, we may witness other assets hitting new highs.

According to CoinCodex, Shiba Inu (SHIB) could surge to $0.00004323 on Apr. 1, 2024. However, the platform anticipates SHIB to continue its rally throughout next month, hitting a new all-time high late in the month. According to CoinCodex, SHIB could hit $0.00009891 by Apr. 22, 2024. Reaching $0.00009891 from current levels would translate to a growth of about 234.6%.

Changelly also paints a bullish picture for SHIB. According to the platform, the popular dog-themed crypto will hit $0.00003823 on Apr. 1, 2024. Moreover, Changelly also anticipates SHIB to hit a new all-time high next month, reaching $0.00009508 on Apr. 21, 2024.

Also Read: Shiba Inu Goes Mobile: Robinhood Launches Android Wallet Integration

SHIB’s bullish outlook could be due to BTC’s halving next month. Many analysts consider halvings bullish as they reduce the supply of an asset. BTC’s bullishness may trickle into other cryptocurrencies, such as Shiba Inu (SHIB).

#SHIB #WIF #sui

Let's calculate the growth of #Solana ($SOL ):
On 11-05-2020, it was priced at $0.50, and on 06-11-2021, it reached $260.0. The current price is $190.1.
To find the percentage increase from $0.5 to $260, subtract the initial value from the final value, divide by the initial value, and multiply by 100.
Difference = $260 - $0.5 = $259.5
Percentage Increase = (Difference / Initial Value) * 100 = ($259.5 / $0.5) * 100 = 51900%
Therefore, the percentage increase from $0.5 to $260 is 51900%.
If you invested $1000 in #SOL in 2020, you would have owned $520,000 by 2021 and at least $300,000 by now.
Final Amount = $1000 + ($1000 * 51900/100)
= $1000 + ($1000 * 519)
= $1000 + $519000
= $520000

In January 2022, Hollywood comedian Kevin Hart spent more than US$200,000 to buy the Boring Ape NFT "BAYC #9258". However, the NFT recently flowed into the secondary market again and changed hands several times over the weekend. Later, it was sold earlier today (25th) for about US$46,000.
Data on the chain shows that Kevin Hart spent 79.5 Ethereum coins to purchase this boring ape NFT wearing a colorful bamboo dragonfly baseball cap in 2022. It was worth about US$274,000 at the time, but was transferred directly to "1fEE33 about 2 days ago. Addresses starting with "may be sold through OTC transactions, or may be given to others.
According to Blur platform data, after changing hands several times, the NFT was sold for about 13.26 Ether coins early this morning, with a transaction value of about $46,200, a full 87% drop from the amount he paid two years ago.
Kevin Hart's purchase of NFT was completed with the assistance of the cryptocurrency startup MoonPay. According to reports, the company had assisted other celebrities to obtain Boring Ape NFT for free or for a fee, in exchange for allowing celebrities to help promote MoonPay. opportunity, but the company denies giving away NFTs to celebrities for free.
In December 2022, MoonPay, Bored Ape NFT developer Yuga Labs, Kevin Hart and dozens of celebrities were involved in a class action lawsuit, accused of promoting an undisclosed celebrity endorsement plan. Sotheby’s auction house also Was named as one of the defendants.
Since its launch in 2021, the Bored Ape has become an icon of the NFT market. However, according to data from CoinGecko, the floor price of this NFT series has shown a gradual downward trend, falling from as high as 150 Ethereum coins in May 2022 to the current 13.64 Ethereum coins.
〈Kevin Hart bought it two years ago for $200,000! "BAYC #9258" price fell by more than 87%> This article was first published on "Block Guest".#SHIB #APT #FET

KuCoin saw over $1 billion in withdrawals over the past 24 hours, Nansen data shows.
Assets held by the exchange dropped to $4.8 billion from $6 billion, according to Arkham blockchain data.
The exchange "is operating well, and the assets of our users are absolutely safe," KuCoin said.
Crypto exchange KuCoin saw about $1 billion in crypto withdrawals over the past 24 hours and assets under management (AUM) slumped 20% as the trading platform faced charges from U.S. authorities, data from Nansen and Arkham Intelligence shows.
The exchange experienced $1.083 billion in outflows via Ethereum Virtual Machine-compatible (EVM) chains during the period, and only $144 million of inflows. Nansen data did not include bitcoin {{BTC}} withdrawals. Net outflows on the Ethereum network reached $840 million, according to Nansen.
"This is more than a 15% drop in assets held by the exchange," Nansen said in an X post Wednesday.
An update on @kucoincom withdrawalsAt the time of writing, over the past 24 hours, there has been an outflow of over $842m on Ethereum and $938m on EVM chains from an initial $6b base in holdingsThis is more than a 15% drop in assets held by the exchange pic.twitter.com/Gy8gPMLROp
— Nansen 🧭 (@nansen_ai) March 27, 2024
Blockchain data from Arkham Intelligence shows that the amount of crypto assets (including BTC) held by tagged KuCoin crypto addresses plummeted to $4.8 billion from $6 billion on Tuesday. Arkham's figure includes price fluctuations, but crypto markets were generally little changed over the period, so the decrease was most likely a result of investors withdrawing assets from the platform.#SHIB #sui #WIF #FET

Three meme coins you should buy now

$BOME $0.013657 -0.000061 (-0.44%)
$PEPE $0.00000801 -0.00000004 (-0.50%)
$FLOKI $0,00024219 $ - 1,69 %
#ICP #xrp #BTC #LUNA

Is It Late 2020 All Over Again for Dogecoin?
DOGE
$0.17782
-1.45%
There are striking similarities between DOGE's price action today and in late 2020.
The so-called fractal is noteworthy as dogecoin surged over 1,000% in early 2021.
One key principle of the Dow Theory is that asset price trends are self-repeating, functioning along Mark Twain's famous quote: "History never repeats itself, but often rhymes." Hence, traders often check if the ongoing price action resembles anything from the past to understand what lies ahead.
Dogecoin, the world's largest meme cryptocurrency, has recently risen above the widely tracked 50, 100, and 200-week simple moving averages of its price, ending a prolonged 20-month consolidation at bear market depths. The 50-week SMA has moved above the 100-week SMA, signaling a bullish shift in momentum.
Both developments are strikingly similar to those in late 2020. The so-called fractal is noteworthy because DOGE witnessed an explosive rally in the first five months of 2021.#ICP #xrp #BOME



Alex Henry

10:01 PM・Mar 26, 2024

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$BTC $ETH $BNB

United States Justice Department officials unsealed an indictment against cryptocurrency exchange KuCoin and two of its founders for “conspiring to operate an unlicensed money transmitting business” and violations of the Bank Secrecy Act, or BSA.

In a March 26 announcement, the U.S. Department of Justice said KuCoin founders Chun Gan and Ke Tang had willfully failed to maintain an Anti-Money Laundering program at the exchange, leading to the platform being used for “money laundering and terrorist financing.” The company itself was charged with operating an unlicensed money-transmitting business and violating the BSA.

#ICP #xrp #BOME





Ronin Network

4:04 PM・Mar 26, 2024

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The $APRS token is LIVE Ronin!

Claim your allocation now if you participated in the public token sale ⚔️

• $APRS is @apeironnft’s ecosystem token

• Token sale participants can claim their allocation on the Apeiron Vesting Portal

• Swap or provide liquidity for $APRS on Katana soon!

Full announcement 👇

📜 : https://roninchain.com/blog/posts/the-aprs-token-is-live-ronin

Note: if everything goes according to plan, $APRS will be available on the Katana DEX this week. That means you may see $APRS tokens in your Ronin Wallet today, but you won’t be able to swap or provide liquidity on Katana yet.

#ICP #xrp #BOME

3 Hours ago 60,434,365 $DOGE (11,003,377 USD) transferred from #Robinhood to unknown wallet and another 125,852,657 $DOGE (22,923,547 USD) transferred from #Robinhood to unknown wallet

Here are some recent whale transactions:

1. 22,250,000 $XRP (14,543,054 USD) transferred from an unknown wallet to #Bitstamp.

2. 2,400 $BTC (169,509,977 USD) transferred from #Coinbase to an unknown wallet.

3. 1,086 $BTC (76,846,270 USD) transferred from #Coinbase to an unknown wallet.

4. 3,208 $BTC (226,239,563 USD) transferred from an unknown wallet to Coinbase Institutional.

5. 17,035,763 $MATIC (17,310,196 USD) transferred from Polygon Staking to an unknown wallet.

6. 1,129,974 $SOL (209,689,005 USD) transferred from an unknown wallet to another unknown wallet.

7. 1,000,000 $SOL (184,925,857 USD) transferred from an unknown wallet to a new unknown wallet.

8. 156,611 $CETH (11,006,637 USD) transferred from #Compound to an unknown wallet.

9. 50,000,000 $USDT (50,019,125 USD) transferred from #JustLendDAO to an unknown wallet.

10. 22,731 $ETH (78,444,544 USD) transferred from an unknown wallet to Coinbase Institutional.

11. 75,887,800 $USDC (75,940,921 USD) transferred from an unknown wallet to Coinbase Institutional.

12. 10,000 $ETH (34,526,920 USD) transferred from #Bitfinex to an unknown wallet.

13. 100,000,000 $USDT (100,060,000 USD) transferred from #Bitfinex to Tether Treasury.

14. 6,500 $ETH (22,455,727 USD) transferred from an unknown wallet to #Binance.

15. 349 $WBTC (23,367,096 USD) transferred from #Wintermute to an unknown wallet.

16. 7,999 $ETH (27,714,409 USD) transferred from #Binance to an unknown wallet.

17. 1,045 $BTC (72,735,609 USD) transferred from #Coinbase to an unknown wallet.

18. 250,865,164 $DOGE (45,777,632 USD) transferred from #Robinhood to an unknown wallet.

Like,Share and Follow For more

#GALA #LUNA #ICP



Square-Creator-689a26add

3:03 AM・Mar 26, 2024

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How to trade Bitcoin this week:

Psychologically, there's a saying: 'Buy when there is fear in the market and sell when there's lots of excitement.' That's what will likely happen soon.

Between $67,672.03 and $67,172.79 is a safe zone order block to place buy orders.

Good luck traders. $BTC

#GALA #LUNA #BOME

If PEPE's price hits again $0.00000900 tonight until the clock ticks 00:00, one lucky follower will win $2,500 USDT worth of PEPE coins#ICP #GALA #LUNA from me!👉Just make sure you are following me and retweet this post!✅