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šŸ¤ Vitalik Buterin Lends Hand of Support to DOGE Community Founder and frontman of the Ethereum blockchain Vitalik Buterin took to his account on the X social media platform to express his condolences over the passing of the legendary meme Shiba Inu dog Kabosu. This way, he indirectly again demonstrated support and respect to the Dogecoin community. šŸ”ø Vitalik Buterin pays tribute to Kabosu Vitalik Buterin tweeted ā€œRest in peace Kabochanā€ in response to the tweet of Kabosu owner Atsuko Sato (@kabosumama) about the Shiba Inu dog dying at the age of 19. In 2010, Kabosu became famous thanks to her photos going viral on the internet. In 2013, inspired by this Doge meme, Billy Markus and Jackson Palmer created the very first meme cryptocurrency Dogecoin (DOGE). Kabosu was turned into a DOGE mascot and became even more popular with the vastly expanding Dogecoin army. šŸ’¬ Rest in peace Kabochan šŸ’› ā€” vitalik.eth (VitalikButerin) May 24, 2024 As Kabosu passed away, many leading figures within the crypto community, including Elon Musk, the official Dogecoin account and DOGE founder Markus paid tribute to Kabosu, sharing the grief of the Dogecoin community. šŸ”ø Vitalik Buterin and Dogecoin Foundation Musk tweeted that the dog had ā€œascended to heaven,ā€ and the DOGE creator posted a meme with Kabosu talking to Death, where the latter told the dog, ā€œIā€™m told you were the best.ā€ This is not the first time Buterin has shown respect to the DOGE community. Earlier, the Ethereum founder made several large donations to the Dogecoin Foundation. In 2021, Buterin became a member of this organization in an attempt to make several proposals on improving DOGE. One of them was transitioning DOGE from the proof-of-work algorithm to the proof-of-stake one. #VitalikButerin $DOGE #DOGE #Kabosu

šŸ¤ Vitalik Buterin Lends Hand of Support to DOGE Community


Founder and frontman of the Ethereum blockchain Vitalik Buterin took to his account on the X social media platform to express his condolences over the passing of the legendary meme Shiba Inu dog Kabosu.

This way, he indirectly again demonstrated support and respect to the Dogecoin community.

šŸ”ø Vitalik Buterin pays tribute to Kabosu

Vitalik Buterin tweeted ā€œRest in peace Kabochanā€ in response to the tweet of Kabosu owner Atsuko Sato (@kabosumama) about the Shiba Inu dog dying at the age of 19. In 2010, Kabosu became famous thanks to her photos going viral on the internet. In 2013, inspired by this Doge meme, Billy Markus and Jackson Palmer created the very first meme cryptocurrency Dogecoin (DOGE). Kabosu was turned into a DOGE mascot and became even more popular with the vastly expanding Dogecoin army.

šŸ’¬ Rest in peace Kabochan šŸ’› ā€” vitalik.eth (VitalikButerin) May 24, 2024

As Kabosu passed away, many leading figures within the crypto community, including Elon Musk, the official Dogecoin account and DOGE founder Markus paid tribute to Kabosu, sharing the grief of the Dogecoin community.

šŸ”ø Vitalik Buterin and Dogecoin Foundation

Musk tweeted that the dog had ā€œascended to heaven,ā€ and the DOGE creator posted a meme with Kabosu talking to Death, where the latter told the dog, ā€œIā€™m told you were the best.ā€

This is not the first time Buterin has shown respect to the DOGE community. Earlier, the Ethereum founder made several large donations to the Dogecoin Foundation. In 2021, Buterin became a member of this organization in an attempt to make several proposals on improving DOGE. One of them was transitioning DOGE from the proof-of-work algorithm to the proof-of-stake one.

#VitalikButerin $DOGE #DOGE #Kabosu

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šŸ”“šŸŸ  Binance resumes card purchases! A victory over regulation In a recent development marking a turning point for the crypto industry, Binance, the worldā€™s largest cryptocurrency exchange, announced the resumption of cryptocurrency purchases via Visa and Mastercard. This news comes after a period of regulatory difficulties that had seen these services suspended. šŸ”ø Purchasing crypto by card now possible again on Binance! Binanceā€™s ability to allow Mastercard users to purchase crypto on the exchange once again is a relief for many investors and platform users. According to reports, Mastercard made the decision to allow purchases related to Binance on its network again after a ā€œthorough review of the strict controls and processes put in place by Binance.ā€ The halting of crypto servicesĀ by card at Binance in the European Economic Area (EEA) had been previously announced, following the end of Mastercardā€™s partnership with Binance in several countries, including Argentina, Brazil, Colombia, and Bahrain, last September. This decision came shortly after the SEC filed charges against Binance in June 2023, accusing the crypto exchange of misappropriating customer funds and conducting unregistered securities offerings. As a result, the resumption of cryptocurrency purchases with Visa and Mastercard could signal an end to Binanceā€™s regulatory troubles. šŸ”ø Binance returns forcefully to the market! The restoration of card payment servicesĀ is a significant step forward for Binance, which seeks to strengthen its position as the leader in the global cryptocurrency market. With the resumption of card payment services, Binance offers its users greater flexibility and ease of access to purchasing crypto, thereby reinforcing user confidence in the platform. In conclusion, the restoration of crypto purchases by card on Binance is positive news forĀ the exchangeĀ and the entire cryptocurrency industry. This could mark the beginning of a new era of stability and growth for Binance and its users. #binance #BNB #MasterCard $BNB
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šŸ“‰ Bitcoin Dips Again: Temporary Setback or Buying Opportunity? Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. ā— Bitcoin struggled above $71,500 and started a downside correction. ā— The price is trading above $70,000 and the 100 hourly Simple moving average. ā— There was a break below a key bullish trend line with support at $70,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). ā— The pair could decline further if there is a move below the $70,000 level. šŸ”ø Bitcoin Price Starts Correction Bitcoin priceĀ extended its increaseĀ above the $70,000 level. BTC was able to clear the $70,500 and $71,200 levels to move further into a positive zone. However, the bears were active near the $71,650 zone. A high was formed at $71,682 and the price started a downside correction. The price declined below the 23.6% Fib retracement level of the upward wave from the $67,285 swing low to the $71,682 high. There was also a break below a key bullish trend line with support at $70,650 on the hourly chart of the BTC/USD pair. The price tested the $70,200 support zone. Bitcoin is now trading above $70,000 and theĀ 100 hourly Simple moving average. On the upside, the price is facing resistance near the $70,800 level. The first major resistance could be $71,200. The next key resistance could be $71,650. A clear move above the $71,650 resistance might send the price higher. In the stated case, the price could rise and test the $72,000 resistance. šŸ”ø More Downsides In BTC? If Bitcoin fails to climb above the $71,200 resistance zone, it could continue to move down. Immediate support on the downside is near the $70,200 level. The first major support is $70,000. The next support is now forming near $69,500 or the 50% Fib retracement level of the upward wave from the $67,285 swing low to the $71,682 high. Any more losses might send the price toward the $68,500 support zone in the near term. $BTC #BTC #Bitcoin
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šŸ“Š Cardano Sees Surge in High-Stakes Transactions, Fueling Bullish Momentum ā— The surge in ADA transactions exceeding $100,000 suggests increased buying pressure. ā— Smart whales accumulating ADA despite recent bearish momentum. ā— Historical patterns indicate periods of consolidation preceding significant price rallies for ADA. Recent data indicates a notable surge in ADA transactions surpassing the $100,000 mark, marking a significant uptick compared to the usual averages seen in 2024. This surge suggests a potential bolstering of buying pressure for ADA in the near future. In the past 24 hours, Cardano has seen a remarkable increase in bullish positions being liquidated, amounting to approximately $39,000. Despite this bearish momentum affecting ADAā€™s price, thereā€™s a discernible trend among smart whales to capitalize on the situation, using it as an opportunity to accumulate more ADA. Data from IntoTheBlock underscores this trend, revealing a considerable uptick in large transactions, indicating a 53% increase within a week. Santimentā€™s latest findings further support the notion of heightened interest inĀ ADA, with the volume of transactions exceeding $100,000 doubling compared to typical levels seen throughout 2024. This surge in large transactions could potentially bolster ADAā€™s buying pressure in the days ahead. Historically, ADA has experienced extended periods of consolidation before witnessing significant rallies. Notably, in late 2019, Cardano maintained a stable trading range for about three months before experiencing a notable surge. Similarly, last summer saw ADAā€™s price hovering between $0.25 and $0.30 before an October rally led to substantial price movements. Currently, ADAā€™s price hovers around $0.46, having faced resistance near the EMA200 level on the 4-hour price chart. The next moves for ADAā€™s price remain uncertain, with potential scenarios including a bullish breakout above $0.46 towards the 50-day SMA at $0.51 and possibly higher, or a bearish downturn below key support levels. $ADA #ADA #Cardano
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Solana Experiences Market Volatility In late 2022,Ā SolanaĀ (SOL) suffered a severe crash, bottoming out in early 2023. However, the cryptocurrency achieved a historic rebound throughout the year, regainingĀ marketĀ dominance alongside its meme coin counterparts. This article explores the current state of SOL, focusing on its market value and price movements. Solana Market Value Insights As of June 5th, Solanaā€™s market capitalization was approximately $79 billion, experiencing a surge that mirrored the rise in SOLā€™s price. The value briefly surpassed the $80 billion mark, a feat not seen since May. However, this uptick was short-lived, and the market capitalization fell below $80 billion, currently settling at around $78.2 billion. This decline corresponds with a recent drop in SOLā€™s price within the last 24 hours. How is SOLā€™s Price Fluctuating? A closer look at Solanaā€™s daily price trends reveals a series of recent increases. Between June 3-5, SOLā€™s price climbed from roughly $164 to nearly $173. On June 5th, the price saw a modest rise of just over 1%, reaching $173.5. Currently, SOL has dipped to around $170.5, causing the market value to retract by nearly $2 billion. Despite this decline, the overall market sentiment remains optimistic. The accompanying chart demonstrates that SOLā€™s price is still above the short-term moving average, suggesting support levels at $160 and $154. Additionally, Solanaā€™s Relative Strength Index (RSI) indicates potential bullish momentum, with the RSI value maintaining above 60. Valuable User Inferences ā€“ **Support Levels:** SOLā€™s short-term support is established at $160 and $154. ā€“ **RSI Indicator:** An RSI above 60 signals an upward trend, suggesting possible bullish activity. ā€“ **Market Cap Sensitivity:** A price drop can significantly impact Solanaā€™s market capitalization. ā€“ **Trading Volume:** Fluctuations in trading volume can indicate shifts in market control between buyers and sellers. $SOL #SOL #Solana
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šŸš€ Bitcoinā€™s Surge to $100K Before US Election Predicted by Standard Chartered ā— Bitcoin may hit $100,000 before the US election, driven by positive U.S. job data. ā— Geoff Kendrick forecasts $150,000 for Bitcoin by year-end if Trump wins. ā— Approval of ether ETFs under Biden contrasts with Bitcoinā€™s potential under Trump Standard Chartered Bank analyst Geoff Kendrick predicts that before the next US presidential election, Bitcoinā€™s value will rise significantly and may perhaps hit $100,000. Positive results from the U.S. Non-Farm Payrolls data are expected to drive Kendrickā€™s estimate, which suggests that Bitcoin may reach a record high this coming weekend. šŸ”ø Anticipated Market Trends According to Kendrick, if Trump wins the US presidential election, Bitcoin might hit $150,000 by yearā€™s end. It might also reach $100,000 before the election. He backs this up with an analysis of the Trump administrationā€™s position on cryptocurrencies and a comparison to Joe Bidenā€™s. šŸšØĀ BREAKING: Bitcoin's Bull Run Ahead of US Elections!Ā šŸ“ˆ Standard Chartered predictsĀ BitcoinĀ could hit $100,000 before the US elections!Ā šŸ’°šŸ’ø Geoffrey Kendrick, head of Standard Chartered Bank's forex and digital assets research, seesĀ $BTCĀ soaring to new heights as theā€¦Ā  ā€” YG crypto The analyst highlights the recent approval of spot ether ETFs by the Biden administration, juxtaposed with Bidenā€™s vetoing of efforts to repeal SAB 121. These contrasting actions suggest to Kendrick that Trump remains more favourable towards the crypto market. šŸ”ø Market Implications Kendrickā€™s predictions also encompass a potential rise to $80,000 by the end of June, alongside a steadfast year-end projection of $150,000 for Bitcoin. Notably, achieving the $150,000 mark by the conclusion of 2024 would position Bitcoin among the elite $3 trillion market cap club, mirroring NVDAā€™s recent achievement. Bitcoinā€™s current trading standings at $70,810 at the time of writing, indicates a market poised for significant fluctuations as per Kendrickā€™s analysis. $BTC #BTC #Bitcoin
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