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The Crypto Basic
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Shibarium, la blockchain officielle de couche 2 de l'écosystème Shiba Inu, a subi une panne de réseau temporaire qui a affecté ses performances au cours du week-end.
#SHİB
#Shibarium!
#Crypto
#CryptoNewsFlash
#CryptoNews🚀🔥V
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.
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"XRP Set to Skyrocket — 4 Crucial Signs That Will Catapult It to the $5 Fibonacci 1.618 Level!"
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#Binance founder Changpeng Zhao (CZ) has secured an appointment as a strategic advisor to the Pakistan Crypto Council (PCC). The announcement came during a high-profile meeting with key government officials, including Finance Minister Muhammad Aurangzeb, SECP Chairman, State Bank of Pakistan Governor, and Pakistan’s Prime Minister and Deputy Prime Minister. The appointment confirms a bold new direction for Pakistan’s crypto industry. Aurangzeb, the Chairman of PCC, stressed the significance of the move. According to him, it sends a clear message to the world that Pakistan is open to crypto innovation. With CZ’s guidance, the country aims to accelerate its vision of becoming a regional powerhouse for Web3, blockchain-driven growth, and digital finance. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, also echoed this optimism. Saqib stated that CZ’s leadership will help guide Pakistan on its journey to becoming a hub for crypto and digital finance. CZ as Strategic Advisor In his new role, CZ will provide guidance in several key areas, including education, infrastructure, regulation, and adoption. His expertise will help shape a compliant and inclusive crypto ecosystem in Pakistan that fosters innovation and aligns with global best practices. As part of his advisory role, CZ will collaborate closely with the Government of Pakistan and private sector players to build a robust crypto ecosystem. This initiative will foster the development of a regulatory framework that supports blockchain innovation. During his announcement, Zhao highlighted Pakistan’s immense potential. He noted that the country is a particularly promising market with a population of 240 million people, especially with over 60% of its population under the age of 30. “The potential here is limitless,” he remarked. #CryptoNews🚀🔥V
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#Cardano is struggling to maintain the $0.50 mark as bearish pressure mounts, with the potential for a drop to $0.32. As Bitcoin momentarily dips below the $75,000 mark, Cardano reaches a 24-hour low of $0.51. The ADA token is currently trading at $0.5482, recording an intraday pullback of 4.38% at press time. The bearish trend in Cardano is testing a long-standing support trendline, raising concerns of a potential breakdown. Will this lead to a nosedive to the $0.32 mark? Cardano Price Analysis Cardano’s price trend on the daily chart reveals a breakdown from a consolidation range. The falling prices are approaching the long-established support trendline. Following a 12.41% decline on Sunday, Cardano’s bearish trend persists. The ADA price momentarily dipped below the 23.60% Fibonacci level at $0.5346. Cardano Price ChartDespite the recent surge in selling pressure, Cardano is holding above the $0.50 psychological level as buyers maintain support at this key Fibonacci level. As Cardano witnesses lower price action near the support trendline, price action analysis suggests the possibility of a bullish reversal. This is based on previous bullish turnarounds in Cardano’s price trend since late 2024. However, due to the ongoing downtrend, the 50-day and 200-day exponential moving averages are on the verge of triggering a death cross event, which would mark a sell signal for price action traders. Additionally, the True Strength Index (TSI) is at -0.91, indicating a strong bearish trend. This increases the likelihood of a breakdown below the 23.60% Fibonacci level or a minor consolidation around the crucial $0.50 support. ADA Price Targets Based on the Fibonacci levels, a quick turnaround with a long-tailed candle from the 23.60% level suggests the possibility of a bullish recovery in Cardano. This short-term recovery could lead to a retest of the 38.20% level at $0.6673, representing an upside potential of nearly 20%. On the other hand, a daily close below the 23.60% level at $0.5346 would increase the risk of a breakdown below the support trendline.
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"$105M Gone in a Flash: Ethereum Whale’s Desperate Move Fails as ETH Crashes to $1,460!"
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“Let’s stay focused on the exciting upgrades ahead, as there’s so much happening in the #shiba⚡ Inu ecosystem.” This was the key message from Lucie, the marketing specialist of the Shiba Inu team, as she shared an update with the community, highlighting the project’s ongoing progress. This follows increased negativity in the community amid ongoing market turmoil. However, with significant advancements on the horizon, the team is concentrating on the upcoming upgrades to Shibarium and ShibOS, which will shape the future of the Shiba Inu project. Lucie emphasized the importance of staying positive and focused on progress, urging everyone to ignore negativity. She reminded the community that hard work drives the development of both Shibarium and ShibOS and encouraged continued momentum. Lucie expressed confidence that Shibarium would become a top-tier platform and that ShibOS has the potential to be adopted globally in the future. Shibarium and ShibOS Notably, Shiba Inu’s Shibarium blockchain continues to be a central focus for the project. As a Layer-2 blockchain, Shibarium offers faster, more scalable, and more affordable transactions, making it an essential component for the ecosystem’s growth. At the same time, ShibOS, a blockchain operating system, is progressing steadily. This OS will power decentralized applications (dApps), enhance privacy, and enable features like identity management and artificial intelligence (AI). These developments are critical to expanding Shiba Inu’s utility beyond basic token transactions, positioning it as a versatile tool in the blockchain sector. The steady evolution of ShibOS is particularly notable as it could lay the foundation for various dApps and services. As the team pushes forward with these innovations, it becomes clear that Shiba Inu’s goal is not just to be a meme token but a substantial force in the blockchain ecosystem, ready to contribute to the broader decentralized space. #CryptoNewsCommunity
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