Posts

5 Cryptocurrencies Under $0.10 That Can Rally Like Shiba Inu

Image
As crypto markets remain volatile, investors wonder if any low-cost digital assets could mimic Shiba Inu’s meteoric rise in the next bull cycle. This article explores five cryptocurrencies under $0.10 that display promising utility and community enthusiasm. Dogecoin: The OG Meme Coin Launched in 2013 as a joke mocking speculative manias, Dogecoin (DOGE) has cemented itself as a top-ten crypto asset. Despite recent declines, DOGE still trades at $0.07861. Backing from Tesla CEO Elon Musk has thrust Dogecoin into the mainstream, fueling speculation that integrations with Musk’s X could further boost adoption. With a market cap exceeding $11 billion, DOGE remains an influential meme coin as the crypto community awaits the next market surge. Also read: Bitcoin Slides Below $39,000: What’s Next For BTC? VeChain: Supply Chain Solutions at a Discount Seen by some as a leading blockchain for enterprise usage, VeChain (VET) enables supply chain monitoring, medical record storage,...

SatoshiVM Price Prediction: SAVM Pumps 20% As Investors Turn To This Presale That’s Blasted Past $6.3 Million

Image
The SatoshiVM price surged 20% in the last 24 hours to trade for $12.76 as of 2:56 a.m. EST time, but trading volume dropped almost 10%. With this leap, SAVM has featured among top trending coins on Wednesday, with DEXTools featuring it among the hot pairs list. Trending #crypto coins 🔥 🥇 $SAVM 🥈 $TRUMP 🥉 $TROLL 4️⃣ $CHOW 5️⃣ $FERRET 6️⃣ $SHIDO 7️⃣ $BTC 8️⃣ $PEAS 9️⃣ $PEPE 🔟 #GROK#Ethereum #100x #1000x #SAVM #TRUMP #TROLL #SHIDO #PEPE #BTC $ETH pic.twitter.com/ggPb11FWvp — Crypto Analysing (@CryptoAnalysing) January 23, 2024 Meanwhile, there is speculation that the uptick in the SatoshiVM price is the result of a pump-and-dump case. This is after a SatoshiVM team-linked wallet sold $3 million worth of SAVM. 🔥SatoshiVM Team-Linked Wallet Sells $3 Mln #SAVM , A Pump & Dump Case?🤔📈📉 🛎️Follow @CoinGapeMedia ...

Appeals court orders an independent scrutiny of FTX bankruptcy

The federal appeals court in Philadelphia ordered that an independent examiner be appointed to scrutinize the FTX collapse. Bankruptcy court judge John Dorsey had earlier denied the trustee’s request. A federal appeals court has ordered following a three-judge bench decision that an independent examiner should scrutinize FTX’s bankruptcy case. Federal court orders for appointment of an examiner in FTX case The Associated Press reported on Tuesday that the appeals court in Philadelphia has reversed an earlier ruling denying a US bankruptcy trustee’s request for an independent examiner. US bankruptcy judge John Dorsey dismissed the trustee’s request in February last year. Judge Dorsey had agreed with FTX’s argument that an examiner’s involvement would only duplicate what new CEO John Ray III, federal agencies and the committee of unsecured creditors was doing.  FTX also argued that having an independent examiner ...

Nearly $580K drained with Cointelegraph, Wallet Connect fake airdrop

Official email addresses of popular cryptocurrency firms have sent phishing links to their audiences through a fake airdrop, stealing almost $580,000 at press time. News outlet Cointelegraph , data platform Token Terminal, bridge provider Wallet Connect, and software firm DeFi were among the firms targeted by Hack ers. Each company featured different promotions in emails to users. DeFi was supposedly launching staking options, WalletConnect said it wanted to reward customers, and an airdrop for Cointelegraph’s tenth anniversary was used to disguise the phishing link. “We hope this email finds you well and thriving in the world of decentralized finance!” wrote hackers imitating WalletConnect. Cointelegraph’s email opens with the same sentence — just without an exclamation mark. Community Alert: Phishing emails are currently being sent out that appear to be from CoinTelegraph, Wallet Connect, Token Terminal and DeFi team emails. ~$580K has been stolen ...

Mt. Gox repays some creditors, emails others to confirm accounts

Creditors of hacked crypto exchange Mt. Gox have been contacted by its trustee to confirm their account details, as the firm gears up to repay them, with at least two creditors reportedly receiving funds. In an email sent to several creditors, Mt. Gox’s rehabilitation trustee has confirmed the existence of their accounts and indicated that repayments of bitcoin and bitcoin cash are anticipated. “Please note that you may not be able to receive repayment in BTC/BCH if your account is disabled of frozen in the future,” the email warned. Several creditors have shared their copy of the email on Reddit. It appears that Bitstamp users and several Kraken users have received the confirmation. BREAKING: Mt. Gox confirms creditors' #Bitcoin addresses for repayment. Chances of 200,000 #BTC to hit the market over the next two months, per Reddit post pic.twitter.com/ABWLo6iPEw — Simply Bitcoin (@SimplyBitcoinTV) January 23, 2024 Read more: Who owns MtGox claims...

FTT surges by 10%, reacting to GBTC shares sell out

Image
The naive token of the cryptocurrency exchange FTX rose sharply amid news of the sale of GBTC shares . According to CoinMarketCap data, over the past 24 hours, the FTT token has risen by more than 10% to $2.83. Trading volumes for the coin skyrocketed by almost 270%, reaching $62.5 million. Source: CoinMarketCap You might also like: FTX saga: what happened to FTX and Sam Bankman-Fried in 2023 Usually, FTT reacts with a significant price change to FTX’s actions. This time, FTT probably reacted with growth to the news that FTX sold shares of the spot Bitcoin (BTC) ETF to Grayscale Investments for about $1 billion. According to available information, since the launch of the crypto investment fund in January 2024, the firm has sold 22.3 million GBTC. This sale is likely part of bankruptcy proceedings. The pressure on the rate of the first cryptocurrency may now presumably ease. Exchange sales also explain significant outflows from Grayscale. A similar situation occ...

Solana Falls Slightly As The Bears Retest The $90 Low

Image
Jan 22, 2024 at 12:54 // Price Author Coin Idol The price of Solana (SOL) is trapped between the moving average lines as buyers and sellers continue to compete for the price. Solana price long term forecast: fluctuation zone  On January 17, buyers tried to hold the price above the 21-day SMA but failed to do so. The altcoin fell and found support above the 50-day SMA. SOL is currently trading at $87. The price of the altcoin is gradually falling as it approaches the 50-day simple moving average. If the price falls below the 50-day moving average, sel...

Online Pastor Admits to Pocketing $1.3M Crypto Fund, Awaits Lord’s Miracle

Online pastor and wife admitted to pocketing $1.3 million worth of crypto funds. Mr. Regaldo defended that half of it went as Internal Revenue Service (IRS) payments and the other half as “Lord-instructed” home remodeling. The couple reveals they are “waiting on the Lord literally for a miracle. An online pastor and his wife, facing charges of selling “worthless” cryptocurrency, admitted to pocketing $1.3 million but claim they’re relying on a divine miracle to resolve the financial mess. In a video response, Reverend Eli Regalado admitted to the charges brought against him and his wife, Kaitlyn, by the Colorado Division of Securities. While acknowledging the $1.3 million figure, he defended half of it as Internal Revenue Service (IRS) payments and the other half as “Lord-instructed” home remodeling. The cryptocurrency in question, INDXcoin, lacked a clear exit plan for buyers, leading Colorado Securities Com...

$115M Liquidated in 1 Hour as Crypto Market Plunges; $GFOX Presale Hits New All-Time High

Image
The crypto market hasn’t had the best start to 2024. This has affected many altcoins , and investors are confused about the best cryptos to invest in. Reports show that the market experienced $115m liquidation in an hour, further decreasing the market’s total value. However, some altcoins still show positive prospects amidst this challenging period.  Experts believe they may improve holders’ portfolios in the long run. Galaxy Fox is one of these altcoins . The new meme coin presale keeps progressing regardless of the market state. $GFOX recently hit a new high, sending optimism to existing adopters. New investors now scramble to join the meme coin’s presale.  Galaxy Fox: Profit-yielding ICO Amidst Crypto Market Plunge  Galaxy Fox is a trending presale meme coin with excellent prospects. The new token is gradually becoming prominent, with investors seeing it as one of the best cryptos to invest in currently.  $GFOX ...

Shiba Inu: $1000 in SHIB Becomes $9 Million in January 2024

Image
While the ongoing volatile crypto market has decimated portfolios across the board, early backers of meme coin Shiba Inu are still counting their blessings despite the brutal decline. Investors who took a chance on the fledgling token in its first year have managed to hold onto millionaire status even as SHIB currently trades 89% below its peak. Shiba Inu: An Investment of $1000 in SHIB Turns Into $9 Million  Changelly data shows that a hypothetical investment of just $1000 made in August 2020, near the launch of the previously unknown Shiba Inu, is now worth a staggering $9 million. That equates to a 907599.52% return on investment over the span of three and a half years. Such outsized gains elevated SHIB into a millionaire-making juggernaut during its gravity-defying rally in 2021. Its early backers hit a liquidity jackpot, the likes of which are rarely seen from single crypto assets. Also read: Shiba Inu: What Could a $1,000 SHIB Investment Yield in 2025? Stories have ...

Grayscale CEO: Most spot Bitcoin ETFs will not survive

Grayscale’s Michael Sonnenshein backed the longevity of his firm’s spot Bitcoin ETF as it saw over $2.2 billion in outflows less a week after approval. Holding north of $25 billion in assets under management, Grayscale’s Bitcoin Trust (GBTC) ETF is the biggest spot Bitcoin exchange-traded fund of 11 funds authorized by the United States Securities and Exchange Commission (SEC) on Jan. 10. Grayscale also boasts the highest fees of the lot at 1.5%, but this will not deter its future success, according to CEO Michael Sonnenshein. Commenting on Bitcoin (BTC) ETF fees at the annual World Economic Forum in Davos, Sonneshein said most of the 11 may not trade on markets in the long run.  Most of these funds from issuers, including BlackRock, Fidelity, and VanEck, charge fees between 0.2% to 0.4%. A few firms also offer zero fees for up to 12 months. The reason for this, Sonnenshein said, is because these funds are new and need to attract investors by slashing the cost. You might also...

Traders liquidate over $250m amid Bitcoin price decline

Image
The total amount of liquidations on the crypto market over the past 24 hours exceeded $250 million. According to Coinglass, the volume of liquidations currently stands at $252.5 million. Most forced closed positions were in Bitcoin (BTC) and Ethereum (ETH). Source: Coinglass Earlier, the price of Bitcoin dropped below $41,000, costing traders $81.1 million. Market participants who opened long positions in Ethereum also suffered significant losses – the price of the second largest cryptocurrency by capitalization to $2,400, costing traders $32 million. Source: Coinglass Over 90% of liquidations were distributed between OKX, Bybit, Huobi and Binance. Binance executed the most significant order – the exchange closed a long BTCUSDT for $7.31 million. You might also like: Bitcoin decreases 12% to below $42k following spot ETF hype At the time of writing, the rate of the largest cryptocurrency was $41,200. According to Coinglass data, in the last few hour...

Solana Labs Kicks Off Pre-Orders for New Smartphone Weeks After First Edition of the web3 Device Sold Out

Solana (SOL) Labs is kicking off pre-orders for the new version of its crypto-focused smart phone weeks after the first edition sold out in a frenzy. Solana Mobile is offering customers a “Founder Window” to deposit $450 for the upcoming “Chapter 2” phone , which the project says is expected to ship in the first half of 2025. Solana Mobile says “the goal” is for the $450 deposit to cover the full price of the phone, excluding taxes, shipping and fees. The company’s goal target is to hit 100,000 pre-orders. Solana Mobile says they may not proceed with the release of the phone if that target isn’t met, and the company will refund deposits if that happens. The Ethereum (ETH) challenger started shipping the first version of its smart phone , Saga, in April. In December, Solana Mobile announced that its web3-enabled phone s had sold out. One possible contributing factor to the sales: buying a Saga came with a reward o...

Shiba Inu [SHIB] Forecasted To Rise 400%: Here's When

Image
The Shiba Inu crypto currency (SHIB) has once again piqued the interest of the crypto community as market data suggests a potential surge of 400% in its value. Presently trading at $0.000009962, exhibiting a 3.5% gain in its cumulative seven-day performance, the current discussion surrounding Shiba Inu revolves around its future trajectory and the prospect of reaching the highly coveted one-cent milestone. Grasping the “Zero Drop” Phenomenon The term “zero drop” or “eating a zero” is a familiar concept among crypto fans in the context of SHIB. This phenomenon occurs when the value of the meme coin drops a decimal place while simultaneously increasing in overall value. This trend gained prominence during the 2021 surge, sparking heightened investor interest. The recent zero drop brought Shiba Inu’s value to $0.000096, prompting speculation about the possibility of additional zero drops and the ultimate goal of reaching $1. Price Projections...

Bitcoin ETF Competition “Getting Wild” As ProShares Files For 5 Leveraged And Inverse ETFs

Image
ProShares filed prospectus materials for five leveraged and inverse exchange-traded funds (ETFs) on Tuesday, just a few days after spot Bitcoin ETFs started trading in the US. “Quickly getting wild,” said  N ate Geraci, president of investment advisor The ETF Store, in reference to the aggressive products . “Vanguard definitely won’t have these on their platform,” he added, referring to the fund manager’s decision to block access to Bitcoin ETFs. ProShares’ Filing Comes Days After BTC ETF Launches The filing shows that ProShares’s funds are named Proshares Plus Bitcoin ETF, ProShares UltraShort Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares ShortPlus Bitcoin ETF and ProShares Short Bitcoin ETF. The prospectus materials revealed that one of the funds “seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the daily performance of the Bloomberg Galaxy Bitcoin Index.”  ...

Litecoin Slips Below Critical Support After Strong Rejection At $76

Image
Jan 17, 2024 at 08:35 // Price Author Coin Idol The price of Litecoin (LTC) has fallen again as it encounters rejection at the $76 overhead resistance level. LTC price Analysis by Coinidol.com. Long-term outlook for Litecoin price: bearish Litecoin is currently trading at $69.39 after falling below the moving average lines. On the upside, buyers have failed to sustain their upside momentum above the $76 high since November 12. The long candlestick wick from November 12, 2023 indicates strong selling pressure at the $76 overhead resistance level. Liteco...

Alchemy now supports Fibonacci

Alchemy now supports Fibonacci in launching its Branded Physical Crypto Card. The utilization of a prepaid physical crypto card empowers Fibonacci to offer customized crypto cards to its users, enabling them to effortlessly participate in cryptocurrency transactions. This initiative assures a secure and seamless payment experience for Fibonacci’s users, both online and offline, utilizing their physical crypto card at any location that accepts Mastercard. Alchemy Pay Expands into Crypto Card Business with Payment Industry Expertise With over 300 payment channels and acceptance of more than 50 fiat currencies across 173 countries, Alchemy Pay is leveraging its extensive payment industry expertise in its newly launched crypto card business. Alchemy Pay’s innovative crypto card issuance service enables partners to effectively connect communities and users, and recharge their USDT, USDC, ETH, BTC and Fibonacci’s FIBO. The crypto card allows users to spend tokens anywhere an...

Chainlink and Circle join forces for seamless cross-chain USDC transactions

Chainlink integrates Circle’s CCTP into CCIP, enhancing USDC for cross-chain DeFi transactions. Developers gain tools for secure USDC transfers with CCTP’s permissionless on-chain utility. CCIP’s advanced risk management features bolster security in decentralized applications. In a groundbreaking collaboration, decentralized oracle network Chainlink has partnered with Circle to integrate Circle’s Cross-Chain Transfer Protocol (CCTP) into Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration is set to revolutionize how developers build and execute cross-chain transactions involving USDC, a stablecoin gaining prominence in decentralized finance (DeFi). Unlocking cross-chain potential with CCIP and CCTP Chainlink and Circle united to enhance the capabilities of USDC for cross -chain transactions , providing developers with powerful tools to build secure applications. With the integration of CCTP into CCIP, th...

SEC Agrees to Push Do Kwon’s Trial, Awaits Judge Rakoff’s Decision

The SEC agrees to postpone Do Kwon’s trial to mid-March in response to Kwon’s request. Do Kwon’s lawyers request Judge Rakoff to push the trial to mid-March so that he could attend the trial. The regulators oppose Kwon’s request for separate trials for Terraform and Kwon. In a recent development in the SEC-Terraform legal tussle, the Securities and Exchange Commission has agreed to delay the civil trial involving Terraform Labs and its co-founder, Do Kwon. The regulator’s move is in response to Do Kwon’s request for the postponement of the trial to mid-March. In February 2023, the SEC charged Terraform Labs and Do Kwon with “orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.” Consequently, Do Kwon was arrested in Montenegro, alleging almost eight charges, including fraud and conspiracy. Held in Montenegro prison, Do Kwon’s extradition still remains a question, with recent r...

Top 3 cryptocurrency picks for end of January

Image
The wider ongoing surge in the prices of cryptocurrencies has brought most of its gains to altcoins, which are testing their resistance zones and exhibiting bullish patterns that are turning the heads of investors and analysts alike. Despite the market experiencing a retracement this week, most altcoins demonstrated resilience, maintaining their strength. In particular, they appear well-positioned to initiate the next upward trend, per a post on X by crypto analyst Jelle on January 15. “While the market pulled back this week, #altcoins held strongly. Looks more than ready to embark on the next run higher,” she said. Historical chart of altcoin price movement. Source: Jelle With these developments, Finbold analyzed the trends, news, and ongoing market movements to pick three crypto currencies for the end of this month that can provide interesting opportunities for investors. Cosmos (ATOM) Cryptocurrency Davos 2024: World Economic Forum's crypto vision ...