Binance has announced expanding its support for four trending crypto- Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). Notably, the announcement has gained notable traction from the crypto market participants, who are evaluating the potential impact of the move towards the crypto. In addition, Binance, one of the leading crypto exchanges, has recently supported the ASI token merger involving Fetch AI (FET), OCEAN, and AGIX, which has further sparked market speculations.

Bitcoin has climbed by 0.36% in the past 24 hours to now trade at $64,189.04. Compared to last week, it is 7.70% up.
The second most popular token, Ethereum, is up by 0.71% from yesterday and is now trading at $2,766.96. From last week, it is up by 6.16%.
The market capitalization of Ethereum is now at $332.99 billion.

Shiba Inu (SHIB) has experienced a period of relative calm in recent days, characterized by low price volatility leading up to a 6% increase in the last 24 hours. The phase has been mostly characterized by low price volatility despite huge movements on-chain.

Related Reading: Gold Tops $2500, Steals The Spotlight From Bitcoin – Details
Interestingly, it seems the trend has sparked an increase in SHIB accumulation among some large holders. As such, the accumulation has sparked theories of the return of a bullish upside for SHIB, which could mimic a rally witnessed in February.

Shiba Inu (SHIB) has recently been defined by significant whale transactions, underscoring the heightened activity among large holders. A prime example is the recent withdrawal of $1 million worth of SHIB from the crypto exchange Robinhood by the prominent market maker Wintermute.

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Shiba Inu (SHIB) Token Holder Swaps 5-Million Tokens & Buys Into Bitnance (BTN) Token Presale
Josh by Josh August 25, 2024 - 7:52 am
Shiba Inu Trader Swaps 5-Million SHIB To Buy Into Bitnance Token Presale
Shiba Inu Trader Swaps 5-Million SHIB To Buy Into Bitnance Token Presale

A very healthy Shiba Inu (SHIB) token wallet holding address, joined the rising trend of Tron (TRX) and Kaspa (KAS) coin holders. This week, the ShibArmy ‘leader’ swapped out over 5-million $SHIB to buy into the token pre-sale of BNB-Chain’s new alternative of Bitcoin.

The move was tracked via the Ethereum presale wallet addresses of the Bitnance token presale [transaction here].

The trade off was made on the 21st of August. Over 5-million Shiba Inu coins were converted into Ethereum (ETH), which were then used to make a purchase via the official Bitnance presale site.

Thus far, this Shib Inu trader is the biggest buyer in the initial coin offering, that’s been traced. The purchase secured just over 2050 $BTN tokens for the stealthy investor.

With 99 days left until the ‘flash’ presale is slated to end on December 1st.

Currently the $BTN is being sold for $0.357 [cents]. It will list on CEXES for +30% higher at $0.456 [cents].

The Bitnance token will go live on its first crypto exchange on or before December 6th.

Bitnance is a very ‘exclusive’ token that will have under half the total token supply of Bitcoin. The project developers are expecting to launch a crypto product along with the token, if the presale reaches its ceiling of 5.6M tokens sold.

Shiba Inu (SHIB) makes an impressive surge to $0.00001526 after making a bullish reversal of 5.9% in the last 24 hours and 14% in the last seven days. At press time, SHIB’s trading volume had skyrocketed by 76% with $307 million changing hands.

According to analysts, the current phase largely appears as an accumulation stage for the meme coin marked by low volatility. Based on this, SHIB is expected to make a bullish surge similar to the one witnessed in February.

To accurately understand the current market behaviour, analyst CryptoCheck subjected the SHIB price chart to a Wyckoff Method’s Accumulation – a tool used to identify whether large investors are intentionally suppressing a price to buy time for more accumulation. Based on the outcome, two major periods were identified. The first happened between late 2023 and early 2024.

According to him, this accumulation led to a breakout of 330% in less than two weeks in late February and early March. Data also suggests that the second stage is ongoing as large investors are silently accumulating SHIB, which could set the price up for a similar bullish surge. According to the analyst, the price could go as high as $0.00005 from the current trading price.

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The market dynamics are changing every day. Some of the tokens are receiving huge traders’ attention and are displaying huge volatility, while others maintain a silent & stagnant trend. Many within the top 10 like BinanceCoin (BNB), Cardano (ADA), Toncoin (TON), etc have been trading without much noise but within a narrow range. Besides, altcoins like Notcoin are losing grip over the rally and are feared to hit back to the levels seen in the first few days of its inception.

The NOT price rally was extremely limited for some time as the token soon fell into a huge bearish trap. After losing 50% of its value, NOT was believed to trigger a strong rebound. However, the token broke down the decisive phase, which has now certified the start of a fresh descending trend. However, the bulls are expected to utilise the opportunity soon, which may kick-start a fresh ascending trend after a strong rebound.

The crypto universe is buzzing with excitement over a sensational piece of news: Shiba Inu is considering launching a SHIB ETF. Lucie, Shiba Inu’s marketing manager, recently shared four compelling arguments to justify this optimism.
#Ethereum_ETFs_Expected_Date

Elon Musk, the CEO of Tesla and the richest person on the planet, contributed a significant portion of his nearly USD 250 billion fortune to a group that backed former President Donald Trump prior to the election, according to Bloomberg. This is the billionaire's most overt endorsement of the Republican Party, despite his increased public commentary on American politics over the past year.

Musk's exact contribution sum has not been made public. But on July 17, America PAC is expected to make public its list of contributors, at which point it will be clear what kind of financial support Trump is receiving for his re-election.

Elon Musk critising Biden government

Despite not having formally endorsed a single candidate for the 2024 presidential election, Elon Musk has been more outspoken about his political beliefs on Platform X, formerly known as Twitter.

Musk has been publicly criticizing President Joe Biden's immigration policies in recent months and has shown his strong support for conservative viewpoints by aligning himself with the conservative "influencers" on social media

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Elon Musk donated to a pro-Trump super PAC, Bloomberg reported
Lloyd Lee Jul 12, 2024, 8:26 PM ET
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Side-by-side of Elon Musk and Donald Trump

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Elon Musk donated an undisclosed amount of money to America PAC, sources told Bloomberg.
The billionaire previously said on X that he is not donating money to any candidates.
But Musk has been critical of President Joe Biden and has supported right-wing causes.

Crypto traders are buzzing about a new AI-powered meme coin – WienerAI (WAI).

This digital dachshund is currently in its presale phase, and early investors are already wondering if they’ve stumbled on the next big thing.

In this article, we’ll look at WienerAI’s features before discussing whether WAI can post 100x gains after it hits the open market.

An Australian coin collector has sounded an alarm over an online ploy to con people out of thousands of dollars for something worth only a "couple of bucks". There are hundreds of eBay listings for 1977 Silver Jubilee 50 cent coins and some sellers are asking for a lot.

Matt James Will said he's seen prices of up to $10,000 for just one of these coins and some of the listings claim the coin is "rare". But Will has warned people to stay well clear of this "scam".

"$10,000 someone is trying to sell this coin for on eBay and I have two of them," he said in a recent video. "There are many, many ads on eBay, $8,000, $4,000, $2,000...you name it.

"This coin is not worth that. It might be worth a couple of bucks...Not 10 grand. That is a scam."

The Notcoin ($NOT) token, associated with the popular Telegram-based clicker game, experienced a sharp decline in its price this morning, falling from $0.01619 to $0.01549 in just two hours.
However, at the time of writing, $NOT has rebounded to approximately $0.01617, showing a recovery of about 1.5% in the last hour and around 3% since yesterday lunchtime, outperforming Bitcoin ($BTC) over the same period.
Despite the initial shock, the swift recovery suggests that $NOT is not in particularly poor health, although the volatility may have concerned some investors.
Over the past week, the token has seen a substantial gain, increasing about 33% in value.
This means it’s currently outperforming the Toncoin ($TON) token underlying its native blockchain, The Open Network. $TON fell 1.5% in the last 24 hours and only rose 0.7% in the week. At its currently price of $7.21, it’s down about 6% from a fortnight ago, but up about 6% from 3o days ago.

The cryptocurrency sector continues to rebound from the crash witnessed a few days ago. Its global market capitalization currently stands at around $2.26 trillion (a 2.7% increase on a daily scale), with Bitcoin (BTC) touching the $59,000 mark and Ethereum (ETH) crossing $3,100.

The meme coin sector is also in the green, with Bonk Inu (BONK), Brett (BRETT), and Mog Coin (MOG) being among the notable gainers.

The second-largest in the cohort—Shiba Inu (SHIB)—is up around 2% in the past 24 hours, while its market cap is just south of $10 billion. Despite the revival, some metrics related to the token’s ecosystem have plummeted substantially.

According to IntoTheBlock’s data, aggregated daily volume where each transaction exceeds $100,000 is less than $27 million (a 70% daily decline).

Shiba Inu price analysis: The price of SHIB increased by 1.1% in the last 24 hours to trade around $0.00001662 during European business hours on Wednesday. The uptick in price comes amid a general market upturn caused by Bitcoin price recovery. Shiba Inu was one of the most affected crypto assets during Bitcoin’s crash in price.

Elon Musk’s X (formerly Twitter) has obtained a money transmitter license in Washington DC, marking a significant milestone in its evolution towards becoming an “everything app.” This latest development brings the total number of jurisdictions where X can legally operate payment services to 31 states plus the District of Columbia.

This article delves into the prospects of Notcoin (NOT) and Mpeppe (MPEPE), analyzing their current performance, growth potential, and expert predictions to determine which might reach the coveted 10X milestone first.

Notcoin (NOT): Current Performance and Future Prospects

Notcoin (NOT) has been a steady performer in the cryptocurrency market, known for its robust community support and consistent growth. Recently, Notcoin (NOT) has seen positive momentum, buoyed by technological advancements and strategic updates. These developments have enhanced Notcoin’s (NOT) appeal, making it a solid choice for many investors. The community around Notcoin (NOT) is highly active, with strong sentiment and engagement that drive the token’s adoption and market presence. This robust backing provides a solid foundation for Notcoin (NOT)'s future growth, making it a contender for substantial appreciation.