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2023 in Crypto
Ripple’s Legal Win, Shiba Inu’s Shibarium Launch, and Bitcoin’s Price Surge
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In 2023, the cryptocurrency world experienced a series of critical moments, including major institutional forays and legal battles that set new industry standards
As 2023 comes to a close, it is time to recall this year's top cryptocurrency events, including high-profile arrests and regulatory triumphs. With its fair share of ups and downs, the crypto landscape has continued to evolve, bringing new challenges and opportunities. Let's embrace the holiday spirit and take a stroll through the most notable cryptocurrency events of 2023.
1. Ripple wins the SEC lawsuit (July)
2. CZ's downfall (November
3. Bitcoin (BTC) price comes close to $45,000 (December)
4. BlackRock files for a spot Bitcoin ETF (July)
5. Sam Bankman-Fried getting convicted (November)
6, The launch of Shibarium (August)
7. Do Kwon getting jailed (March)
8. The depegging of USDC (March)
9. Bill Gates rejects Web3 (January)
10. PayPal launches its own stablecoin (August
Ripple’s Legal Win, Shiba Inu’s Shibarium Launch, and Bitcoin’s Price Surge
....... ....... ........
In 2023, the cryptocurrency world experienced a series of critical moments, including major institutional forays and legal battles that set new industry standards
As 2023 comes to a close, it is time to recall this year's top cryptocurrency events, including high-profile arrests and regulatory triumphs. With its fair share of ups and downs, the crypto landscape has continued to evolve, bringing new challenges and opportunities. Let's embrace the holiday spirit and take a stroll through the most notable cryptocurrency events of 2023.
1. Ripple wins the SEC lawsuit (July)
2. CZ's downfall (November
3. Bitcoin (BTC) price comes close to $45,000 (December)
4. BlackRock files for a spot Bitcoin ETF (July)
5. Sam Bankman-Fried getting convicted (November)
6, The launch of Shibarium (August)
7. Do Kwon getting jailed (March)
8. The depegging of USDC (March)
9. Bill Gates rejects Web3 (January)
10. PayPal launches its own stablecoin (August
Cardano Meme Coin SNEK Announces Gaming Breakthrough
SNEK, a popular meme coin based on Cardano, has unveiled its latest gaming breakthrough. This comes barely two months after the Cardano-based meme coin launched its branded energy drink. In a new tweet, Snek announced its snake game was now live. The game was developed in partnership with Paima, Vacuum Labs and Anvil and inspired by the famous snake game on Nokia phones. It will be the first play-to-earn game in the Snek ecosystem.
According to the Snek team, the game is currently available on desktop only, but a mobile version could launch in 2024. To celebrate the launch of the game, Snek says it will be adding 69 ADA to the prize pool every day until Feb. 1. The Snek gaming innovation, which employs wrapped smart contracts, is noteworthy because it demonstrates the potential of the Cardano blockchain for gaming and entertainment.
SNEK's price has risen dramatically in recent months, boosted by positive developments, reaching an all-time high of $0.002246 on Dec. 16, 2023. The SNEK token was trading for $0.001271 at the time of writing, up 319% in the last 30 days.
SNEK, a popular meme coin based on Cardano, has unveiled its latest gaming breakthrough. This comes barely two months after the Cardano-based meme coin launched its branded energy drink. In a new tweet, Snek announced its snake game was now live. The game was developed in partnership with Paima, Vacuum Labs and Anvil and inspired by the famous snake game on Nokia phones. It will be the first play-to-earn game in the Snek ecosystem.
According to the Snek team, the game is currently available on desktop only, but a mobile version could launch in 2024. To celebrate the launch of the game, Snek says it will be adding 69 ADA to the prize pool every day until Feb. 1. The Snek gaming innovation, which employs wrapped smart contracts, is noteworthy because it demonstrates the potential of the Cardano blockchain for gaming and entertainment.
SNEK's price has risen dramatically in recent months, boosted by positive developments, reaching an all-time high of $0.002246 on Dec. 16, 2023. The SNEK token was trading for $0.001271 at the time of writing, up 319% in the last 30 days.
Shiba Inu: The “Doge Killer”
Shiba Inu, sometimes called the “Dogecoin killer,” stands out in the crypto world, especially if you’re looking for the best cheap crypto to buy right now. Its strong community and the ecosystem they’re building around the $SHIB token make Shiba Inu more than just a meme coin. It’s the community’s enthusiasm that’s pushing it into the league of serious crypto contenders.
What’s interesting about Shiba Inu is its deeper foray into decentralized finance (DeFi) and non-fungible tokens (NFTs). It’s not just sticking to being a digital currency; it’s exploring new areas in crypto. In particular, the shift towards NFTs could really up its game, adding more value and utility to it.
#Shib
Shiba Inu, sometimes called the “Dogecoin killer,” stands out in the crypto world, especially if you’re looking for the best cheap crypto to buy right now. Its strong community and the ecosystem they’re building around the $SHIB token make Shiba Inu more than just a meme coin. It’s the community’s enthusiasm that’s pushing it into the league of serious crypto contenders.
What’s interesting about Shiba Inu is its deeper foray into decentralized finance (DeFi) and non-fungible tokens (NFTs). It’s not just sticking to being a digital currency; it’s exploring new areas in crypto. In particular, the shift towards NFTs could really up its game, adding more value and utility to it.
#Shib
Dogecoin: The Original Meme Coin
Back in 2013, Dogecoin began as a nod to the growing crypto buzz with a Shiba Inu dog as its face. It injected a bit of fun in the crypto scene and wasn’t taken too seriously at first, but later on, it gained traction and more interest among investors. A lot of its popularity boost came from a solid community and a few nods from some big names.
Now, Dogecoin’s kind of settled in the crypto world. It’s not hitting those wild peaks anymore, but it’s staying put. That consistency shows it’s more than just a fleeting fad – Dogecoin has staying power. Looking forward, this coin could grow through its use in regular buying and selling. It’s got the advantage of low fees and quick transactions, making it handy for everyday spending.
#Doge
Back in 2013, Dogecoin began as a nod to the growing crypto buzz with a Shiba Inu dog as its face. It injected a bit of fun in the crypto scene and wasn’t taken too seriously at first, but later on, it gained traction and more interest among investors. A lot of its popularity boost came from a solid community and a few nods from some big names.
Now, Dogecoin’s kind of settled in the crypto world. It’s not hitting those wild peaks anymore, but it’s staying put. That consistency shows it’s more than just a fleeting fad – Dogecoin has staying power. Looking forward, this coin could grow through its use in regular buying and selling. It’s got the advantage of low fees and quick transactions, making it handy for everyday spending.
#Doge
. Solana (SOL) price riding on history
While in the immediate term, the $60 price target may seem an ambitious level to breach, it is worth noting that Solana has traded at a level far higher than this in the past. Prior to the FTX collapse of 2022, Solana traded at an all-time high (ATH) of $260. This implies that the ultimate goal is to retest this ATH by first conquering as many immediate price levels as possible. Solana is no longer tied to the pangs or negative impacts of the FTX implosion, and though the bankrupt exchange continues to sell off the coin in its liquidation spree, Solana has made a crucial anchor that naturally attracts other liquidity to it.
#Solana
While in the immediate term, the $60 price target may seem an ambitious level to breach, it is worth noting that Solana has traded at a level far higher than this in the past. Prior to the FTX collapse of 2022, Solana traded at an all-time high (ATH) of $260. This implies that the ultimate goal is to retest this ATH by first conquering as many immediate price levels as possible. Solana is no longer tied to the pangs or negative impacts of the FTX implosion, and though the bankrupt exchange continues to sell off the coin in its liquidation spree, Solana has made a crucial anchor that naturally attracts other liquidity to it.
#Solana
Cardano Midnight Begins With First Group of Pioneers: Details
The Cardano Midnight protocol has begun as the first group of midnight pioneers for the devnet has been chosen. In a tweet, Input Output Global announced it had selected the first batch of intakes for the Midnight DevNet. Midnight is a data-protection blockchain that simplifies the creation of secure and compliant smart contracts and decentralized applications (dApps) on the blockchain.
First announced during IO ScotFest at Edinburgh in 2022, Midnight is the result of over four years of fundamental research and applied development.
✨RED Pack. BPHZU5LGVU, BPDMJLO217
The Cardano Midnight protocol has begun as the first group of midnight pioneers for the devnet has been chosen. In a tweet, Input Output Global announced it had selected the first batch of intakes for the Midnight DevNet. Midnight is a data-protection blockchain that simplifies the creation of secure and compliant smart contracts and decentralized applications (dApps) on the blockchain.
First announced during IO ScotFest at Edinburgh in 2022, Midnight is the result of over four years of fundamental research and applied development.
✨RED Pack. BPHZU5LGVU, BPDMJLO217
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged By SEC.
SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investors were "locked," according to the DOJ and the regulator
The U.S. Department of Justice (DOJ) has arrested and charged SafeMoon's executive team with perpetrating a massive fraud on its investors in a case also targeted Wednesday by the Securities and Exchange Commission (SEC).
SafeMoon CEO John Karony and Chief Technology Officer Thomas Smith were arrested, and creator Kyle Nagy remains at large, according to the DOJ. The SafeMoon executive team withdrew more than $200 million from the project, as detailed in the SEC’s complaint, and they misappropriated investors funds for personal use, authorities said.
SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investors were "locked," according to the DOJ and the regulator
The U.S. Department of Justice (DOJ) has arrested and charged SafeMoon's executive team with perpetrating a massive fraud on its investors in a case also targeted Wednesday by the Securities and Exchange Commission (SEC).
SafeMoon CEO John Karony and Chief Technology Officer Thomas Smith were arrested, and creator Kyle Nagy remains at large, according to the DOJ. The SafeMoon executive team withdrew more than $200 million from the project, as detailed in the SEC’s complaint, and they misappropriated investors funds for personal use, authorities said.
Solana (SOL) Records 420% Inflow Surge During Crazy 38% Price Rally
This remarkable rally propelled SOL's value to $31.38 per token, a level unseen since mid-July, when it briefly touched $33. The surge made Solana one of the most-talked-about assets in the digital currency sphere last week.
What truly set this rally apart was the unprecedented influx of investments into SOL-oriented products. According to the latest weekly report by CoinShares, flows into Solana-related ETPs skyrocketed by an astounding 420% within a week, totaling an impressive $15.5 million. This marked a stark contrast to other cryptocurrencies, especially Ethereum, which experienced outflows totaling $7.4 million due to security concerns surrounding its network.
#Solana
This remarkable rally propelled SOL's value to $31.38 per token, a level unseen since mid-July, when it briefly touched $33. The surge made Solana one of the most-talked-about assets in the digital currency sphere last week.
What truly set this rally apart was the unprecedented influx of investments into SOL-oriented products. According to the latest weekly report by CoinShares, flows into Solana-related ETPs skyrocketed by an astounding 420% within a week, totaling an impressive $15.5 million. This marked a stark contrast to other cryptocurrencies, especially Ethereum, which experienced outflows totaling $7.4 million due to security concerns surrounding its network.
#Solana
Ripple’s XRP (XRP), Solana (SOL) And Chainlink (LINK) May Continue Breakout Trends
XRP Price Analysis :-
XRP price witnessed a massive upswing following Ripple’s victory against the SEC. As a result, the altcoin surged above EMA lines and is now holding above EMA20. However, bears a preventing further surge as the price faces selling pressure at $0.53.Currently, the moving averages are leveling, and the RSI hovers just above the midline, signaling buyers’ comeback for the XRP within the $0.5 to $0.558 range. Should the price maintain above the moving averages, there’s a chance for the price to ascend to the next resistance level at $0.558 and then to $0.668. Alternatively, a decline below the moving averages could enhance the chances of a decline to EMA200. A significant trend shift is anticipated if the price declines below $0.44.
Solana (SOL) Price Analysis :-
The upward momentum continues as buyers dominate with long positions, with investors aiming to send the value past a critical hurdle at $30. Achieving this could pave the way for the SOL price to surge toward the anticipated target of $33.Typically, following a breakout beyond significant resistance, there’s a tendency for the price to retract and revisit the former breakout point. Here, the price might draw back to test the neckline.
Chainlink (LINK) Price Analysis :-
The extended wick on Chainlink’s candlestick highlights strong purchasing activity by the bulls within the $7.6 to $9.7 range.For a bullish trend continuation, buyers need to hold the momentum above the current level and send the price above $9.7. Successfully doing so could pave the way for a surge toward the next barrier at $12.2.
This point is likely to see a robust battle between the bulls and the bears. However, a decline below EMA50 will plunge the altcoin toward $5.7.
Y47VP0EC🎁 x @geovivin.
XRP Price Analysis :-
XRP price witnessed a massive upswing following Ripple’s victory against the SEC. As a result, the altcoin surged above EMA lines and is now holding above EMA20. However, bears a preventing further surge as the price faces selling pressure at $0.53.Currently, the moving averages are leveling, and the RSI hovers just above the midline, signaling buyers’ comeback for the XRP within the $0.5 to $0.558 range. Should the price maintain above the moving averages, there’s a chance for the price to ascend to the next resistance level at $0.558 and then to $0.668. Alternatively, a decline below the moving averages could enhance the chances of a decline to EMA200. A significant trend shift is anticipated if the price declines below $0.44.
Solana (SOL) Price Analysis :-
The upward momentum continues as buyers dominate with long positions, with investors aiming to send the value past a critical hurdle at $30. Achieving this could pave the way for the SOL price to surge toward the anticipated target of $33.Typically, following a breakout beyond significant resistance, there’s a tendency for the price to retract and revisit the former breakout point. Here, the price might draw back to test the neckline.
Chainlink (LINK) Price Analysis :-
The extended wick on Chainlink’s candlestick highlights strong purchasing activity by the bulls within the $7.6 to $9.7 range.For a bullish trend continuation, buyers need to hold the momentum above the current level and send the price above $9.7. Successfully doing so could pave the way for a surge toward the next barrier at $12.2.
This point is likely to see a robust battle between the bulls and the bears. However, a decline below EMA50 will plunge the altcoin toward $5.7.
Y47VP0EC🎁 x @geovivin.
XRP PRICE DATA
XRP is currently trading at $0.51824885. Its 24-hour trading volume is $570,626,201 and has plunged 0.37% in the previous 24 hours. XRP's live market cap is $27,695,750,804. The coin ranks #5 on the Coingape Crypto Price Page. It has a circulating supply of 53,441,027,384 and a maximum supply of 100,000,000,000.
#xrp
XRP is currently trading at $0.51824885. Its 24-hour trading volume is $570,626,201 and has plunged 0.37% in the previous 24 hours. XRP's live market cap is $27,695,750,804. The coin ranks #5 on the Coingape Crypto Price Page. It has a circulating supply of 53,441,027,384 and a maximum supply of 100,000,000,000.
#xrp
There’s No Support for Altcoin That’s Exploded Over 285% in a Month, Predicts More Pain Looming.
A crypto trader is issuing a warning on a low-cap altcoin that has enjoyed triple-digit price appreciation in a month.
Pseudonymous crypto analyst Altcoin Sherpa tells his 196,900 followers on the X social media platform that the decentralized applications (DApps) platform Loom Network (LOOM) is “on the way down” after experiencing “fast bull moves” over the past 30 days.
LOOM rose from its September 19th close of $0.0462 to a five-year high of $0.407 earlier this week.
According to Altcoin Sherpa, LOOM could rise modestly over the short term before resuming the downtrend and inflicting “more pain” as it lacks “any support.”
1K0Y1Q0Z box. X @geovivin
A crypto trader is issuing a warning on a low-cap altcoin that has enjoyed triple-digit price appreciation in a month.
Pseudonymous crypto analyst Altcoin Sherpa tells his 196,900 followers on the X social media platform that the decentralized applications (DApps) platform Loom Network (LOOM) is “on the way down” after experiencing “fast bull moves” over the past 30 days.
LOOM rose from its September 19th close of $0.0462 to a five-year high of $0.407 earlier this week.
According to Altcoin Sherpa, LOOM could rise modestly over the short term before resuming the downtrend and inflicting “more pain” as it lacks “any support.”
1K0Y1Q0Z box. X @geovivin
SEC drops claims against two Ripple Labs executives
The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a court filing in New York on Thursday.
The agency said in court papers it is dropping claims that Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen aided and abetted sales of the cryptocurrency XRP which a judge has found amounted to unregistered sales of securities.
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Follow me in X @geovivin
#XRP
The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a court filing in New York on Thursday.
The agency said in court papers it is dropping claims that Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen aided and abetted sales of the cryptocurrency XRP which a judge has found amounted to unregistered sales of securities.
🎁🏃🏃Z74PHSI7
Follow me in X @geovivin
#XRP