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Shiba Inu price chart from Tradingview.com

SHIB price shows strength | Source: SHIBUSD on Tradingview.com
How To Guide Against These Scams
In an earlier X post, Susbarium provided six tips to protect Shiba Inu community members from falling for such scams. The first tip was to be wary of unsolicited messages. They noted that these scammers usually reach out through direct messages while promising great returns on investments to their victims. The second tip revolved around enabling two-factor authentication (2FA) on all crypto accounts.

Related Reading: Renowned Economist Drops Bombshell On The US Dollar: Can Bitcoin Provide Safe Haven?
For the third tip, Susbarium proposed the use of hardware wallets to community members in order to store their crypto tokens securely. These hardware wallets are physical devices that help users keep their private keys online. That way, hackers find it harder to gain access to the user’s funds.

The other tips included community members being updated on the latest security practices in the crypto space and trusting their instincts. Susbarium also warned them to be wary of “pump and dump” scams. This is when scammers artificially inflate the price of a crypto token and dump the tokens on unsuspecting investors at its peak.

Featured image from Cryptopolitan, chart from Tradingview.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
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Ripple (XRP) Developments, Bitcoin (BTC) Price Predictions, and Cardano (ADA) Targets: Bits Recap Nov 29
Author: Dimitar Dzhondzhorov

Last Updated Nov 29, 2023 @ 08:36
BTC was projected to surpass the $500K mark, XRP became the most traded crypto asset on Uphold, while ADA was a subject of bullish predictions.
TL;DR

Bitcoin (BTC) has seen a strong recovery, now trading over $38,000, with predictions of reaching $65,000 by 2024 and $524,000 by 2027, as forecasted by analyst PlanB.
Ripple’s XRP experienced a successful year due to partial legal victories against the SEC, leading to increased trading and re-listing on various exchanges.
Cardano’s ADA is on an uptrend, recently hitting $0.40, with analysts predicting potential new highs, with targets up to $14.

BTC Projected to Reach Over $500K
The primary cryptocurrency has gone through a turbulent year (so far), with its price recovering much of the losses from the devastating market crash in 2022. As of the moment, BTC trades at over $38,000, representing a 130% increase compared to the valuation on January 1, 2023.

Some analysts believe the uptrend has just started, envisioning the asset to reach new peaks in the near future. One such expert is the X (Twitter) user PlanB, who set extremely bullish targets for the following years.

According to them, BTC might spike to as high as $65,000 by the next Bitcoin halving (scheduled for the spring of 2024). In addition, PlanB forecasted that the asset’s price could rise to an astonishing $524,000 by 2027.

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Cardano Founder Charles Hoskinson Refutes Traditional ICO Model, Questions Bitcoin

Cardano
ADA
CryptoTale
By CryptoTale

15m ago
•
1 min read
Cardano Founder Charles Hoskinson Refutes Traditional ICO Model, Questions Bitcoin
Charles Hoskinson asserts Cardano did not conduct a traditional ICO, describing an alternative airdrop and trading process.
Hoskinson challenges Bitcoin's decentralization and critiques the SEC's differing treatment of cryptocurrencies.
Hoskinson Argued that 51% of Bitcoin’s hashrate could be controlled by subpoenaing the hash pools.
Charles Hoskinson, the founder of Cardano, recently made a bold statement asserting that Cardano did not conduct a traditional Initial Coin Offering (ICO). This claim comes amidst a broader discussion in the cryptocurrency community about the classification and regulation of digital assets by the U.S. Securities and Exchange Commission (SEC).

Hoskinson's remarks were in response to comments made by crypto influencer Adam Back. Back had differentiated Bitcoin from other cryptocurrencies like Cardano and Ethereum, suggesting that Bitcoin's lack of an ICO, its decentralized inception, and organic growth from zero value set it apart. He argued that these factors classify Bitcoin more as a commodity rather than a security, unlike other cryptocurrencies.

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Table of Contents
ETH/BTC Decision Time
Possibility of an Uptrend Still on the Table
Well-known crypto analyst Benjamin Cowen has stated that Ethereum (ETH) is rapidly approaching a critical turning point where it could see a collapse against Bitcoin (BTC).

Crypto analyst Cowen told his YouTube subscribers in his latest video update that the ETH/BTC trading pair is nearing a “decision time” at the beginning of the next week. He said, “I think we are very close to a decision time for the Ethereum/Bitcoin trading pair. This process could enter in the next few weeks and the decision time could occur much earlier, like next week, but I believe a significant decision needs to be made on which direction the Ethereum/Bitcoin trading pair will break in the next few weeks.”
Cowen also explained what he believes will happen with the ETH/BTC trading pair, which is currently at 0.05498 BTC ($2,049). The analyst stated, “My fundamental view is that Ethereum will ultimately fall towards approximately 0.03 BTC to 0.04 BTC against Bitcoin. From this level, it could potentially enter an uptrend against Bitcoin. Although it is not a popular view at the moment, ETH has been in a downtrend since The Merge update

Possibility of an Uptrend Still on the Table

Furthermore, Cowen provided more details on why the next few weeks are very important for the market’s largest altcoin. He said, “You might ask why the next few weeks are such a decision time for Ethereum against Bitcoin. Seasonality can often emerge in Ethereum, but it tends not to appear until mid-December or early January, where there can usually be some ground gained against Bitcoin. So we are still a few weeks away from that.”
He added, “So my claim is that for the Ethereum/Bitcoin trading, we are in a weakness that could last for the next three to five weeks. A weakness does not mean it cannot climb to 0.057 BTC or 0.058 BTC or even higher levels. If you look at the bull market support band, you can see it went up to 0.059 BTC, almost 0.06 BTC

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Ethereum Co-Founder Vitalik Buterin Clarifies $15 Million USDC Transaction

Ethereum Co-Founder Vitalik Buterin Clarifies $15 Million USDC Transaction
The Ethereum Foundation has shed light on a recent $15 million USD Coin transaction involving Ethereum co-founder Vitalik Buterin, which garnered attention from various blockchain tracking platforms.

On October 16, Buterin’s wallet, known as “vitalik.eth,” was said to have transferred $14.93 million to the Gemini crypto exchange, as reported by blockchain analytics firm PeckShield on October 17.

However, a spokesperson from the Ethereum Foundation clarified to Cointelegraph that the transfer was simply Buterin’s Ethereum Name Service (ENS) signing off on a transfer from a charity multisig wallet. Contrary to appearances, the funds never actually left Buterin’s wallet.

The original sum of $14.93 million USDC came from Kanro, a charity associated with Buterin, on October 14. Later, Buterin authorized a transfer of the same amount to a new multisig wallet. Kanro, a biotech charity funded by Buterin, focuses on addressing Covid and other pandemic-related issues.

Additionally, crypto data provider Lookonchain revealed that Buterin had also transferred nearly $500,000 to Coinbase three days before the Gemini transaction.

Crypto Selloff Softens With SHIB, SOL and BTCS Showing Strong Support

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SHIBA
Solana
SOL
The post Crypto Selloff Softens With SHIB, SOL and BTCS Showing Strong Support appeared first on Coinpedia Fintech News
The cryptocurrency market has recently witnessed a notable selloff, causing ripples of concern among investors. However, amidst this downturn, certain cryptocurrencies have displayed remarkable resilience and strong support, providing a glimmer of hope for the community. In particular, Shiba Inu (SHIB), Solana (SOL), and Bitcoin Spark (BTCS) have stood firm in the face of market fluctuations, garnering attention for their ability to weather the storm.

Bitcoin Spark (BTCS)

Bitcoin Spark, the fast-rising Bitcoin fork. It is making waves in its ICO phase seven as it attracts diverse investors and whales, with the current BTCS price of $3.00 and a 7% bonus. As the project forecasts a $10 launch price, BTCS guarantees an ROI of 357% in November.

Bitcoin Spark deploys a new technology powered by the Proof-of-Process (PoP) protocol. PoP eases mining entry and reward distribution by applying the tenets of PoS and PoW. Miners contribute processing power and provide stake to earn rewards computed in a nonlinear formula to observe equality and fairness.

Bitcoin Spark application eases the operations in the BTCS ecosystem, allowing users and investors to onboard the platform. With a simplified interface and availability on regular devices, the application suits anyone willing to mine, guaranteeing inclusivity. BTCS encourages widespread device usage to curtail high energy consumption and preserve sustainability. BTCS’ main essence of its existence is to address the BTC challenges while offering new solutions.

The platform has been rigorously tested and subjected to audits and a Cognitos KYC for compliance, stability, and security. It deploys a multi-layered structure that will support smart contracts, dApps development, and BTCS Wallet after the launch. The BTCS price prediction is upbeat for an explosive launch that will see ICO holders benefit immensely.