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The performance of Grayscale’s Bitcoin Trust (GBTC) has affected market sentiment. Since January 11, substantial withdrawals totaled $6.33 billion, with $101.6 million occurring on February 8. Despite this, analysts remain optimistic about Bitcoin’s future performance. 10X Research’s Markus Thielen predicts short-term targets of around $48,000, fueled by historic gains during Chinese New Year festivities. In the mid-term, Thielen forecasts Bitcoin to reach $52,000 by March, completing the fifth wave of its uptrend.
The increase in Open Interest (OI) for Bitcoin Futures highlights the market’s bullishness even more. In the past day, OI has increased by 5.51%, hitting 444.81K BTC, or $20.74 billion, according to CoinGlass data. Notably, OI has increased significantly on exchanges like CME and Binance, an indication of growing optimism about the future performance of Bitcoin.
Bitcoin Rally and Market Optimism
Although Bitcoin saw a significant 6% increase in just one day, hitting over $47,700, it is still below its peak of nearly $69,000 in 2021. The surge of cryptocurrencies coincided with stock market records and strong demand for exchange-traded funds (ETFs), which were introduced earlier this year. As a result, the cryptocurrency recovered from a significant selloff that saw its price plummet to as low as $39,000 last month, surpassing its end-of-day top of over $47,000.
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Shiba Inu’s Burn Rate Soars: 200% Surge Amid Price Resurgence – Can SHIB Price Rise to $0,00001?

Introducing @pixels_online $PIXEL on #Binance Launchpool!

Farm $PIXEL by staking #BNB and $FDUSD.

The RSI is indicating that the JUP crypto has more room to grow. The RSI curve is above the 14-SMA and the values are 46 and 42, respectively. 
The MACD indicator is also showing bullishness, as it has a bullish crossover with the histogram rising. The histogram value is 0.0005, the MACD value is -0.0036, and the signal line value is -0.0041.
Therefore, if the demand for the JUP increases, the price could rise from the current level. The next major target for the price would be $1.00, and the main resistance levels along the way would be $0.6500.
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💥 $SOL  Price Alert:
Back at $100 and not stopping!
#Solana aims for a 25% leap towards $125 in a bullish February. Are you ready for the #SolanaRally?
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15th Day Update of Daily Bitcoin ETFs Holdings:

▪️ Blackrock & Fidelity Bought 1,30,060 Bitcoins in 15 Days.
▪️ $GBTC has sold 136,570 #Bitcoin ( ~$6Billion )(likely due to their high fees)
▪️ 9 new ETFs have bought ~175,400 $BTC  (~7.5 Billion )

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If the price of Shiba Inu hits projected price targets in the coming years, then a $1,000 investment at current prices could skyrocket to unimaginable levels.
Shiba Inu was one of the biggest performers of the 2021 bull run, making many investors millionaires. While there is no guarantee that history will repeat itself, many are still banking on Shiba Inu’s potential success, with the coin having secured over 1.6 million holders.
For anyone considering an investment in SHIB, it is usually helpful to consider how much their assets will be worth when the price reaches a certain price level.
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As a result, this article evaluates how much a $1,000 investment into Shiba Inu at current prices will be worth if the price goes to a widely predicted $0.001 level in the coming years.
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$SHIB

Crypto in 2024 is set for a sensational year. By all appearances, the cryptocurrency bears have gone back into hibernation. With the Bitcoin halving rapidly approaching and spot Bitcoin ETFs on Wall St’s doorstep, the Bulls anticipate a glorious charge throughout the year ahead.
Older blockchains and coins in the crypto market are well understood by this time. We all know what BTC and Ethereum (ETH) are capable of and what we can expect from their roadmaps in 2024.
What about the newer, somewhat undiscovered digital currencies in the digital currency ecosystem? Which new protocols will find creative new ways of reimagining decentralized finance (DeFi), NFTs, and everything blockchain technology offers?
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Solana's 
SOL
tickers down
$97
 native token, SOL, has experienced a 9.8% decline between Jan. 30 and Feb. 1, failing to break above the $104 resistance for the fifth time in four weeks. When considering a longer time frame, SOL dropped by 10.7% in 30 days, while Ether 
ETH
tickers down
$2,297
 and BNB 
BNB
tickers down
$300
 traded down 1.2% and 2.6%, respectively, during the same period. This leads investors to question the reasons for SOL’s underperformance, especially given the solid network fundamentals.

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💱Shiba Inu Team Reveals Big Plans for 2024💱

The team unveils "Shibdentity," a groundbreaking project set to revolutionize digital identity in the Web3 ecosystem. Say goodbye to impersonal wallet addresses and hello to the era of Shib Names! 🐕💼

🔗 Shibdentity offers a unique and recognizable identity for each user, akin to social media usernames. No more complex wallet addresses – just your personalized Shib Name for a secure and unified digital presence.

🌈 Shytoshi Kusama's vision is coming to life with SHIB Name Tokens – multichain, cross-platform usernames that simplify transactions across blockchains. A step towards a more user-friendly Web3 experience!

🚀 Join us on this journey to enhance digital identity, empower users, and simplify transactions. Shibdentity is not just a feature; it's a game-changer! 🌐🚀

#SHIB💥 #Web3 #ShibaInuAI #ShibaPricePrediction #TradeNTellView less
$SHIB

🔥🔥🔥 #Arbitrum (ARB) Reversal Denied, Shiba Inu (#SHIB💥 ) Enters $0.000008, #cardano (ADA) Lands on Substantial Support

Arbitrum's native token, ARB, experienced an unexpected setback in its anticipated reversal, facing a sharp decline influenced by various market factors, including significant selling pressure from Grayscale's Bitcoin holdings liquidation. The chart indicates a struggle to maintain support above $1.50, raising doubts about ARB's short-term outlook. Attention is now on the $1.30 zone, which may act as a temporary foothold, with further support near $1.20 if needed. Reclaiming the $1.50 level is crucial for any reversal, potentially paving the way to $1.70.

Cardano (ADA) touches down on a substantial support level, the 100-day Exponential Moving Average (EMA). ADA's price contraction aligning with the 100 EMA suggests a potential inflection point. The $0.47 100 EMA serves as a pivotal support, and ADA's future trajectory hinges on maintaining or breaching this level. A successful rebound could target $0.50 and $0.55, while a breach may lead to a decline towards $0.40 and potentially $0.35.

Shiba Inu faces a significant drop below the $0.000009 mark, sparking concerns and mixed emotions in the community. The decline signals a potential downtrend, with market participants closely monitoring support levels, particularly the critical $0.000008 level, historically a strong psychological and technical support. The current situation prompts observers to watch for signs of recovery or further decline in SHIB's performance.

Source - u.today

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1. The pre staked ice will not count in distribution.

2. Ice earned from referrals which are not verified will not count in distribution.

3. The total ice in the app will be equally split between the months left in mainnet launch which is in October. Eg. if you have 2000 ice in app and months left in mainnet launch are 10 so you will receive 200 ice in your given wallet.

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Shiba Inu (SHIB) Facing Massive Resistance in Quest for Bullish Upturn
#Write2Earn #ShibaPricePrediction #ShibaPriceAnalysys

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the broader crypto market on Tuesday, following a significant surge in burn activity recorded. On-chain data spotlighted by Shibburn showcased a whopping 459% surge in the SHIB burn rate, nabbing substantial attention globally.
Moreover, this upswing appears to be shadowing an enormous SHIB transfer to a dead wallet, as per data by Etherscan. This transfer seems to be an effort by the Shiba community to offer aid to the SHIB tokenomics.
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Shiba Inu, a notable memecoin, is making waves with a recent surge in popularity. The catalyst behind this uptick? A significant acceleration in token burning, marking a pivotal moment for the Shiba Inu community.
Shiba Inu rises with accelerated token burning
Shiba Inu’s burn tracker, Shibburn, has been buzzing with activity, revealing a whopping 395.43% uptick in the token burn rate on January 12. Over 18 million SHIB tokens were incinerated, a direct response to Shiba Inu’s impressive price rally that erased another zero from its value.
Three notable burn transactions played a crucial role in the surge. The first transaction, emanating from wallet address 0x618ffd1cdabee36…3f21272bd7, witnessed the destruction of 7.77 million SHIB tokens. Subsequently, 0xab782bc7d4a2b30…f8f63ee1bc contributed by sending over 3.33 million SHIB to the burn wallet. Lastly, wallet address 0xa9d1e08c7793af6…7fb81d3e43 initiated a burn of about 5.46 million SHIB tokens.
This trend of heightened burn rates has been consistent over the past few days, creating a speculative frenzy within the crypto space. On January 9, Shibburn recorded an astronomical increase in burn rate, surpassing 28,000%. The surge was attributed to a burn transaction executed by the Shiba Inu team, who sent a staggering 9.35 billion SHIB tokens, valued at $92,553, to the burn address. This marked the highest burn initiated by the team since the inception of the SHIB token.
Supply and demand dynamics: the key to a 100M market cap
The surge in Shiba Inu’s popularity is intricately tied to the principles of supply and demand. Staking, a mechanism allowing community members to lock up tokens for a specified period, not only contributes to liquidity and stability but also rewards participants with impressive percentage returns. Engaging in staking not only supports the Rebel Satoshi ecosystem but also fortifies community involvement in the decentralized journey.
Members who partake in staking are not only rewarded financially but also have the opportunity to shine #Write2Earn #BTC #ShibaPriceAnalysys