The Shiba Inu price has experienced a slight drop in the last 24 hours, indicating some traders may be cashing in profits after a recent surge that peaked at $0.00001972. Despite this dip, the overall outlook for the meme coin remains positive. CoinCodex's machine learning algorithm predicts a 109% increase in the Shiba Inu price over the week, potentially reaching a new high by 2024. The Fear & Greed Index for Shiba Inu shows a 'greed' state, suggesting growing buying interest. The forecast ant

Industries or investors that resist technological advancement risk falling behind as technology is crucial for competitiveness. PropiChain integrates the Metaverse and AI into its decentralized marketplace to redefine the real estate sector. Proper inspection builds trust and reduces surprises post-transaction. However, access and time constraints often lead to inadequate inspection, which can be costly. PropiChain's metaverse will revolutionize property inspection. The Metaverse integration off

Kraken, a major American cryptocurrency exchange, has announced plans to restructure its operations to become the world's leading crypto platform. The exchange will reduce its workforce by 15% as part of this initiative, aiming to prioritize innovation in its operations. Kraken will focus on product engineering and data-driven decision-making to better serve its clients. The company also revealed a new co-chief executive, Arjun Sethi, to lead this transformation. By streamlining its organization

Sportsbet.io, the popular crypto sportsbook, has introduced unique betting markets and promotions for the upcoming US presidential election. The main highlight is a promotion where bettors can increase their payout by 5 times up to 1,000 USDT by correctly choosing the winner between Donald Trump and Kamala Harris, if the winning candidate secures more than 315 electoral college votes. Additionally, exclusive markets are available for predicting details like the length of the victory speech and f

The Central Bank of Argentina (BCRA) has introduced a unique art display at its Héctor Carlos Janson Historical and Numismatic Museum, focusing on Bitcoin. Titled “Art, Artificial Intelligence, and the Future of the Economy,” this exhibition is the first of its kind globally, showcasing destroyed currencies from various nations alongside operational Bitcoin miners within a central banking institution. Curated by Argentine artist Alberto Echegaray Guevara, the exhibit combines obsolete paper mone

The Department of Justice has charged Aleksei Andriunin, the CEO of Gotbit, with wire fraud and market manipulation conspiracy. Andriunin, a Russian national in Portugal, is accused of inflating trading volumes for client crypto companies, including those in the US. Gotbit, along with its directors Qawi Jalili and Fedor Kedrov, allegedly used wash trading techniques to manipulate market activity from 2018 to 2024. The indictment claims Andriunin developed software for deceptive trading, while Go

Cardano (ADA) experienced a significant recovery in the past 24 hours, surging by more than 8.50% to hit $0.363 on Nov. 2, outperforming the overall cryptocurrency market. This increase followed the conclusion of the fourth annual Cardano Summit 2024 in Dubai and coincided with favorable US jobs data for October. The positive sentiment surrounding key announcements at the summit, such as the partnership between EMURGO and BitcoinOS to bring liquidity to Cardano's DeFi ecosystem, contributed to A

The creator of Mutant Ape Planet, a copycat of Mutant Ape Yacht Club NFT collection, was ordered by a court to forfeit $1.4 million and pay a $15,000 fine. French national Aurelien Michel received a one-month sentence, already served, and the fine. Prosecutors sought a 37-month prison term, but defense argued losses were exaggerated. The judge found the value received by NFT buyers unclear, as the developer and co-conspirators made $2.9 million, yet buyers got something valuable. Michel was arre

Sheetz, a US convenience store chain, has broadened its collaboration with crypto payment provider Flexa, enabling digital currency payments at over 750 locations. Customers can now use stablecoins like USD Coin and other cryptocurrencies for in-store purchases. Flexa's payment solutions cater to the rising demand for alternative payment methods. This move makes Sheetz one of the first major US chains to support crypto payments, allowing transactions with Bitcoin, Ether, Litecoin, and USDC. The

Web3 startups have raised more than $5.4 billion in venture capital in the first three quarters of 2024, as per data from Crunchbase’s Web3 tracker. The investment in blockchain-based companies reached $1.4 billion in the last quarter alone. Investors are focusing on emerging markets at the intersection of blockchain and artificial intelligence, with decentralized blockchain infrastructure projects also attracting significant funding. Notable funding rounds in October include Glow's $30 million

Radiant Capital has resumed its Ethereum lending markets following a $58 million hack. The lending protocol has made improvements, such as transferring ownership to a timelock contract, enforcing a 72-hour waiting period for adjustments, and implementing an emergency admin role with a multisignature structure. The DAO also enhanced its multisignature security. These measures aim to prevent future exploits after hackers drained $58 million in digital assets. The attackers compromised private keys

Bitcoin (BTC) saw a recovery from sub-$69,000 levels on Nov. 1 following surprising US jobs data that led to dollar fluctuations. Data from Cointelegraph Markets Pro and TradingView indicated a BTC price rebound after disappointing nonfarm payroll numbers for October. The job additions were well below expectations, with just 12,000 new jobs compared to the anticipated 106,000. Unemployment remained steady at 4.1%. Analysts predicted a 0.25% interest rate cut by the Federal Reserve in response to

DeFi remains complex for many users, but intent-based trading offers a solution. By setting investment goals and automating trades across blockchains, users can simplify their DeFi experience. The evolution of intent-based trading has progressed from rule-based systems to signal-based trading and smart contract automation. The latest innovation, MC² Finance, enables goal-oriented automation across multiple blockchains, enhancing accessibility for both novice and experienced investors. This appro

Bitcoin, often associated with various labels, has now been linked to a potential 'balanced budget trap' for the US government. A recent paper from the Federal Reserve Bank of Minneapolis suggests that Bitcoin could compel the government to balance its budget, limiting spending flexibility during emergencies. The proposal of a Bitcoin ban to maintain primary deficits has sparked mixed reactions within the crypto community. While some view it as a safeguard against currency devaluation, others fi

According to Chainalysis, Eastern Europe has seen a rise in decentralized finance (DeFi) activity, with over $499 billion in cryptocurrency received between July 2023 and June 2024. DeFi transactions accounted for more than $165 billion, making up a third of the region's crypto value flow. Despite this growth, centralized exchanges still dominate, receiving over $324 billion. Russia and Ukraine lead in crypto transaction value, with Russia receiving over $182 billion and Ukraine over $106 billio

A crypto investor, holding a significant amount of Aave, sold off their holdings at a loss of $222,000 during a market dip. The investor withdrew 20,527 Aave from Binance when the price was $155, later selling it at $144 in a panic move to prevent further losses. Despite community amusement at the decision, the market price of Aave continued to decline. Meanwhile, Tesla's third-quarter earnings report revealed the company's $184 million investment in digital assets, including Bitcoin. Despite a

A recent survey conducted by Paribu, a cryptocurrency exchange, in Turkey indicates a growing preference for cryptocurrencies over traditional investment options like real estate and stocks. The survey, titled '2024 Cryptocurrency Awareness and Perception Survey,' involved 2,002 interviews with individuals familiar with cryptocurrency and 541 interviews with active traders. Results showed that 56% of participants favored gold as their top investment choice, followed by foreign currency and then

Solana's Sonic, a layer-2 blockchain, has reached a significant staking milestone by partnering with Solayer and Adrastea to boost Solana's restaking industry. The gaming-focused Solana Virtual Machine (SVM) L2 network has exceeded $50 million in SOL staked delegation on Solayer, becoming the largest AVS on the platform. This milestone underscores the potential growth of Solana's staking ecosystem. Liquid staking on Ethereum has seen substantial success, with a TVL of $44 billion, while restakin

In the pursuit of creating secure decentralized ecosystems, traditional security models borrowed from Web2 are proving insufficient for the unique requirements of Web3. During a recent Cointelegraph AMA, Oliver Hörr, the founder of Hats Finance, discussed the shortcomings of current security approaches and how their platform aims to provide a more efficient and transparent alternative for protecting decentralized projects. Hats Finance offers a decentralized protocol for hosting non-custodial bu

Polkadot is gearing up for its most significant upgrade, Polkadot 2.0, set to roll out in stages by 2024. The update will introduce features like Asynchronous Backing, Agile Coretime, and Elastic Scaling. Cointelegraph Research's report delves into Polkadot 2.0's evolution, ecosystem growth, and developer adoption. Asynchronous Backing, launched in May, enhances block processing efficiency and network performance. Agile Coretime, introduced in September, offers developers new opportunities and c