Shiba Inu Coin’s Milestone, Shibarium Growth Hints At SHIB Rally to $0.01?
Shiba Inu Coin Makes Landmark With Phenomenal Shibarium Growth
In an X post by Lucie dated October 25, the marketing lead revealed that Shibarium transactions are witnessing a phenomenal surge. As per her post, the daily transactions on the network reached 4.77 million recently. This surge underscores rising user interaction for the L2, hinting that the top meme coin is gaining significant traction across the landscape.
Further, according to Lucie, the growth marks the beginning of major developments on the network. These developments encompass projects like ShibaSwap, among other Shibarium projects. Also, the total number of accounts on the Layer 2 surged to over 160K, adding to investor enthusiasm surrounding the coin’s Web3 venture.
Meanwhile, Lucie also shared vital insights on the future of gas fees on the network. Notably, a $0.01 fee could be seen ahead, given that 100 million wallet users use the network actively. Lucie added, “just like with ETH, the price of gas is driven by traffic,” sparking further market discussions over Shibarium transaction fees ahead.
Overall, the abovementioned developments underscore growth for the Shiba Inu coin’s layer 2, in turn garnering significant optimism toward the meme token. Additionally, a phenomenal 65000% spike in the SHIB burn rate reported recently has added an extra layer of bullishness surrounding the crypto’s future movements.
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#CryptoPreUSElection Coming now U.S. presidential election could have a significant impact on the crypto landscape, as both parties have contrasting views on regulation, innovation, and adoption. Here’s a quick rundown on key themes that might influence crypto in the pre-election phase:
around cryptocurrencies has been an ongoing issue, with both parties weighing in. Democratic leaders often push for tighter regulations to prevent potential financial misuse, while Republicans lean toward more lenient policies, seeing innovation as crucial to economic growth.
Stablecoin Policies: Stablecoins are likely to come under scrutiny, especially as central banks globally are racing to develop digital currencies (CBDCs). Expect candidates to voice their stances on stablecoins, as they could influence the wider crypto economy, especially in terms of trading and cross-border payments.
Taxation and Crypto Reporting: Crypto taxation and reporting regulations could be tightened to ensure more transparency. Biden’s administration has already shown interest in enforcing crypto reporting requirements to reduce tax evasion. Any new policies might depend on which party gains power in Congress.#CryptoPreUSElection
Innovation and National Competitiveness: Some candidates will emphasize crypto and blockchain as strategic technologies in the U.S. global economic strategy. With countries like China advancing in blockchain tech, candidates might promote policies that enable the U.S. to stay competitive, ensuring that innovation isn’t stifled.Security and Consumer Protection: Consumer protection will be another focal point, as scams and fraud have raised concerns. Candidates are likely to propose policies to safeguard investor we need safe and protection #CryptoPreUSElection
🇺🇸 Pendant longtemps, la SEC a eu un rôle positif dans la crypto : protéger les investisseurs.
Mais l’approche du régulateur américain prend un tournant en 2020, lorsqu'il décide d'attaquer @Ripple. Une entreprise crypto alors valorisée à 31 milliards de $, bien loin des scams habituels contre lesquels la SEC avait l’habitude de lutter.
Pourquoi ce changement ? Les agences fédérales comme la SEC doivent « interpréter et appliquer les lois » aux États-Unis. C’est leur rôle. Mais les cryptomonnaies manquent cruellement d'une régulation claire 🧐
Une régulation que demandent pourtant les principaux exchanges crypto, comme @coinbase, ou les entreprises du secteur, comme @Consensys.
Au lieu de proposer une régulation, la SEC distribue les procès, avec des motifs obscurs. Rien d’étonnant : l’agence américaine n’a même pas donné de définition légale pour le terme « crypto-actif ».
La SEC maintient un flou juridique. Pire : elle s’en sert pour attaquer les entreprises crypto. La guerre est déclarée ⚔️
Comment l'agence qui s'en prenait initialement aux véritables mauvais acteurs a fini par vouloir tuer l'écosystème ? Découvrez ce qui anime la SEC dans notre dossier exclusif 👇
⚡️ @KIPprotocol $KIP and @Seraphnet have announced a partnership
KIP Protocol joins forces with Seraphnet to reshape decentralized AI. Through this collaboration, KIP’s robust decentralized base layer with SeraphNet’s privacy-focused generative #AI infrastructure. The projects aim to provide both developers and users with stronger data security, effortless scalability, and AI workflow automation. KIP Protocol is an open-source Web3 framework designed to facilitate the creation, management, and monetization of decentralized Knowledge Assets for AI applications, to kickstart KnowledgeFi.
👉
APT/USDT Retests Support
$APT
{spot}(APTUSDT)
{future}(APTUSDT)
Moving Averages:200-period SMA: The 200-SMA is currently at $9.01, with the price trading significantly above it at $9.99. This shows that the asset is in a bullish trend as the price is holding well above the 200-SMA, which acts as dynamic support.
RSI:RSI: The RSI is currently at 46.38, indicating neutral market conditions. There is room for the price to either increase or decrease before reaching extreme levels, giving flexibility for market moves in either direction.
MACD:MACD: The MACD line is at -0.01, while the signal line is at -0.03, suggesting the momentum is slightly bearish but relatively flat. A crossover or more decisive move in either direction could signal a trend shift.
Support/Resistance Levels:Support: The immediate support is at $9.99 (VWAP level) and further below at $9.01 (200-SMA). If the price holds above these levels, the market may continue its upward trajectory.Resistance: The nearest resistance lies at $10.50. A breakout above this level could trigger a push toward $11.00 and beyond.
Bullish Scenario:
If the price holds above $9.99 (VWAP) and breaks above $10.50, the next target could be $11.00. The current consolidation suggests that bulls are gathering strength for a potential breakout.
Bearish Scenario:
If the price falls below $9.99 and $9.01 (200-SMA), a deeper correction could follow, targeting support levels around $9.00 or lower.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves risk, and you should conduct your own research or consult with a licensed financial advisor before making any trading decisions.
$APE D1 Bullish Idea.
Recent TRBO and successful retest played well with price seeing a surge of +105.04% in a span of 4 days.
Based on the left Fib levels of the recent wide downtrend, the recent high got rejected within the golden zone, causing a -38.89% fall, but saw a bounce today. EMA9 played a good trampoline, but eyes still need to be keen on a potential reversal as price is currently approaching the right side 38% Fib level.
Market is highly above its POC, and if 38% Fib level is broken, we can see a VAH and 50% Fib level breakout, leading to a potential continuation of the macro uptrend.
Terra Luna Classic community approved major proposal to reduce costs and alighn with Cosmos, will LUNC price begin rally to $1?
Terra Luna Classic Passes Forked Modules Removal Proposal
Text proposal 12142 “Removal of Forked Modules from Terra Classic” is approved by the Terra Luna Classic community as the votes have surpassed the pass threshold. Developer group OrbitLabs proposes to remove the forked mainline modules from the Terra Luna Classic blockchain to improve maintainability, reduce technical debt, and align with the broader Cosmos ecosystem.
The proposal has received 99.97% “Yes” votes, indicating unanimous support from validators and delegators. It also saw some ‘No with veto’ and ‘Abstain’ votes. Validators such as Allnodes, Stakely, HappyCattyCrypto, and others voted in favor of the proposal.
The forked versions not only raise operational costs but also increase the risk of missing important security updates, the proposal said. OrbitLabs stressed that without action, Terra Luna Classic would face growing security risks, higher expenses, and diminished competitiveness in the evolving crypto landscape.
As CoinGape reported, the Terra Classic proposal plan involves two phases, first focuses on updating the consensus engine and the Cosmos SDK. By doing so, Terra Classic will be more in line with the latest security features and innovations from the Cosmos ecosystem.
On the other hand, the second phase will involve upgrading the Wasmd contract system, ensuring compatibility with existing smart contracts, and minimizing disruptions during migration. Notably, if the proposal passes final approval, the timeline includes eight weeks for phase one and another ten weeks for phase two.
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AMB/USDT Pushes Toward Resistance:
$AMB
{spot}(AMBUSDT)
{future}(AMBUSDT)
Moving Averages:200-period SMA: The 200-SMA is currently at $0.00684, with the price trading just below it at $0.00656. This indicates that while there’s bullish momentum, the price has not yet broken above this key level. A move above the 200-SMA would signal a stronger uptrend.
VWAP:VWAP: The VWAP is at $0.00635, with the price trading above it. This supports the short-term bullish momentum, as the price is staying above VWAP, indicating buyer dominance.RSI:RSI: The RSI is currently at 63.80, indicating a bullish condition but still below overbought territory. This suggests that the asset has room to move higher before reaching overbought levels.
MACD:MACD: The MACD line is at 0.00005, showing a slight bullish divergence above the signal line. This supports the ongoing bullish trend, with momentum favoring the upside.
Support/Resistance Levels:Support: Immediate support lies at $0.00635 (VWAP level), followed by stronger support at $0.00600.Resistance: The nearest resistance is at $0.00684 (200-SMA). A breakout above this level could lead to a rally toward the next resistance at $0.00700.
Cluster Analysis:Cluster Indicators: The best-performing cluster shows a size of 3, indicating stability around current levels, while the worst-performing cluster indicates potential downside risk if the price fails to break resistance.
Bullish Scenario:
If the price breaks above $0.00684 (200-SMA), it could extend gains toward $0.00700. The RSI still has room to rise, and the MACD suggests continued bullish momentum.
Bearish Scenario:
If the price fails to break $0.00684 and retreats below $0.00635 (VWAP), a correction could follow, targeting $0.00600 as support.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves risk, and you should conduct your own research or consult with a licensed financial advisor before making any trading decisions.
**Meta Teams Up with Reuters for AI News Integration**
Meta, the parent company of Facebook and Instagram, has announced a multi-year partnership with Reuters to integrate AI chat functions into its platforms. Starting October 25, U.S. users can access this feature through Meta's AI assistant on Facebook, Instagram, WhatsApp, and Messenger.
Key Points:
- Meta's AI will now pull Reuters news to answer user questions on current events.
- The deal details, including licensing for training Meta’s LLM, Llama, remain undisclosed.
- This marks Meta's first major news agreement in the AI era, aiming to enhance user experience for those seeking information on current events.
This collaboration reflects Meta’s shift towards integrating news with its AI chatbot, diverging from its previous efforts to minimize news and political content. The move suggests a controlled return to news, targeting users actively seeking information.
Meta's partnership with Reuters is part of a broader trend where AI companies collaborate with established news outlets to boost credibility and address legal concerns. Similar agreements have been made by OpenAI, highlighting the industry's response to the evolving landscape of AI and news.
$BTC hit $68,600 back and exactly follow same pattern as I mentioned you guys .. $BTC soon will sit ar $69-$70k again .. Those who ask I inform late.. Check again ..I am on time..
$BTC /USDT Technical Analysis – Bullish Momentum Surging..
#Bitcoin❗ is currently trading at $68,640, showing a strong bullish push after bouncing from a low of $67,737.61 earlier. The price is now approaching the upper resistance of $68,850, where traders should watch closely for a potential breakout. If Bitcoin surpasses this key level, we could see a significant rally targeting new highs. However, if the resistance holds, there may be a short-term retracement, possibly testing the $68,354 level as support. With Bitcoin’s current momentum, the market is heating up, offering traders exciting opportunities to capture profits as BTC shows signs of a potential breakout into new territory..
#BTC☀ #BTCMiningDifficultyRecord #BinanceBlockchainWeek
Microsoft, the world's third-largest company with a market capitalization of more than $3 trillion, is exploring a strategy to buy bitcoin into its treasury as a diversification investment 😮
Binance announced the launch of the MOODENG/USDT Futures Perpetual Contract. After this news meme coin pumped by 122% 🔼
Solo Bitcoin miner hit the jackpot and took home 3.329 Bitcoin in total $222,000, for mining the blockchain block alone 🥇
Uniswap announced the launch of permissionless cross-chain bridging, which allows users to bridge assets between 9 networks directly 🦄
#BinanceBlockchainWeek #HoldOnTight #Write2Earn
ZRX/USDT Tests Key Level
$ZRX
{future}(ZRXUSDT)
{spot}(ZRXUSDT)
Moving Averages:200-period SMA: The 200-SMA is currently at $0.3417, with the price trading above it at $0.3548. This indicates a short-term bullish momentum, as the price remains above the 200-SMA, suggesting it is acting as dynamic support.
RSI:RSI: The RSI is currently at 59.72, which is in the neutral-to-bullish zone. There is still room for upward movement before entering overbought territory, signaling potential for further gains.
MACD:MACD: The MACD line is at 0.00034, with the signal line at 0.0031, indicating a recent bullish crossover. This suggests increasing bullish momentum, but the signal is not yet strong, so continued gains are not guaranteed.
Support/Resistance Levels:Support: The nearest support is at $0.3520 (VWAP level) and $0.3417 (200-SMA). These levels are crucial for the price to maintain its upward trajectory. A breakdown below these levels could lead to a bearish reversal.Resistance: Immediate resistance is at $0.3575, with a break above this potentially leading to a move toward $0.3700.
Bullish Scenario:
If the price holds above $0.3520 (VWAP) and breaks above $0.3575, the next target could be $0.3700. The MACD supports further upward movement, and the RSI still has room to rise.
Bearish Scenario:
If the price fails to break above $0.3575 and drops below $0.3520 (VWAP) or $0.3417 (200-SMA), a deeper correction could follow, potentially testing support levels around $0.3300.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves risk, and you should conduct your own research or consult with a licensed financial advisor before making any trading decisions.