Crypto analyst Oscar Ramos has outlined why he doesn’t believe the Shiba Inu price can go above $0.01 this cycle. He made this statement while alluding to the possibility of the meme coin reaching $0.5 at some point in the future.
Why Shiba Inu Can’t Go Above $0.01
Ramos mentioned in an X (formerly Twitter) post that Shiba Inu can’t go above $0.01 because of its current supply of over 589 trillion, according to data from CoinMarketCap. The crypto analyst made this remark
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-
Shiba Inu Price Can’t Reach $0.01, Crypto Pundit Reveals Why
via newsbtc.com -
Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X
According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam. -
Musk promises ban on Apple, Greenpeace calls for Bitcoin’s PoS, and other news: Hodler’s Digest, June 9-15
Elon Musk threatens to ban Apple devices if they integrate with ChatGPT, Greenpeace calls for a shift in Bitcoin’s consensus mechanism, and more. -
Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?
via newsbtc.comSolana (SOL) whales are at it again, as they are seen to have moved a significant amount of their Solana holdings in the last 24 hours. This comes amidst the bearish sentiment in the crypto market, which has also caused Solana’s price to decline.
Solana Whales Move Over $500 Million Worth Of SOL In Several Transactions
On-chain data shows that Solana whales have conducted six large transactions in the last 24 hours. The first transaction involved the transfer of over 1.5 million SOL& -
Analyst Pinpoints Critical Support Zone For Bitcoin
via newsbtc.comAccording to data from CoinMarketCap, Bitcoin has had an unimpressive week with its market price falling by 4.65% over the last seven days. However, prominent crypto analyst Ali Martinez has released a price alert indicating that the market leader could be set for more losses if it fails to secure a certain support zone.Bitcoin URPD Chart Shows Potential Correction – Analyst
In an X post on June 15, Martinez stated that Bitcoin needs to quickly rise above $66,254 else it risks a potential -
OpenAI reportedly considering shift to for-profit as CEO stacks board
The reported discussions come as the company adds a former NSA director to its board. -
Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?
via newsbtc.comDiscussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.
Spot Ethereum ETFs To Begin Trading By July 2
Balchunas stated in an X (formerly Twitter) post that they are moving their “over/under date” for the launch of the Spot Ethereum ETFs to July 2. He revealed they had heard tha -
XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips
via newsbtc.comA recent buying spree by a deep-pocketed XRP investor has sent ripples (pun intended) through the cryptocurrency community. This whale, with a seemingly bottomless appetite for XRP, has scooped up nearly 27 million coins, sparking speculation of a potential price surge. However, the broader market sentiment remains murky, leaving investors to navigate a sea of conflicting signals.XRP Whales Bet Big On Coin’s Future
The on-chain transaction tracker, Whale Alert, reported a significant purch -
Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?
via newsbtc.comPolkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide volatility, negative investor sentiment, and regulatory pressures fuels this sharp downturn. As DOT’s value continues to erode, investors are advised to brace for further losses and reassess their strategies in light of these bearish signals.
In thi -
Deutsche Telekom announces Bitcoin mining plans at BTC Prague
Deutsche Telekom’s plans and Web3 expansion follow its recently established position as a validator on Fetch.ai’s decentralized blockchain. -
Vitalik Buterin endorses TiTok AI for onchain image storage
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications. -
Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
via newsbtc.comBitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency.
According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On Friday, June 14th, the BTC price fell to around the $65,000 level — its lowest level in nearly a month.
Bitcoin Miners Offload Over 1,200 BTC In One Day
In a recent -
Bitcoin bounces at 1-month lows — Watch these BTC price levels next
Bitcoin hodlers' realized price levels are the ones to watch if established support at $65,000 fails to hold, says the latest BTC price analysis. -
Fake Federal employees target crypto investors: CISA warns
The Cybersecurity and Infrastructure Security Agency (CISA) warns of a surge in impersonation scams targeting crypto investors. -
WIF Price Crashes 15% – Will The Freefall Continue?
via newsbtc.comDogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water. After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since late May. Analysts are carefully keeping tabs as the canine crypto approaches a critical support level, with its future hinging on a tug-of-war between bullish and bearish forces.Descending The Price Ladder: A Sign Of Weakness?
Technical analysis pain -
How to use blockchain and smart contracts in procurement
Discover the transformative power of blockchain and smart contracts in revolutionizing procurement processes, enhancing transparency and streamlining supply chain management. -
Spot Ethereum ETFs may begin trading by July 2 — Bloomberg Analyst
Bloomberg ETF analyst Eric Balchunas says his "best guess as of now" is that spot Ether ETFs will begin trading in the United States before July 2. -
Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
via newsbtc.comThe cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March.
Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed to the current state of the market.
Crypto Market Battles Uncertainties
A key event highlighted by van de Poppe is last Wednesday’s -
Australian securities exchange approves its first spot Bitcoin ETF
The Australian Securities Exchange has approved the VanEck Bitcoin ETF to start trading on June 20. -
Quiet Summer Ahead For Bitcoin, But Ethereum Holds Potential for Surprise — QCP Capital
via newsbtc.comAccording to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer.
The research firm, which is well known for spotting new market trends, points out that the data patterns in the charts suggest that we are likely to have a more shallow trading period for now.
This comes as the market is still recovering from recent highs and lows, consigning traders in limbo trying to make se -
Curve Finance's Michael Egorov says $10M in bad debt fully paid
The founder reassured the Curve community that he was "committed to building Curve more than ever," following a hack attempt. -
Crypto Analyst Lists The Cardano Developments That Will Drive ADA Price To $3 In 2024
via newsbtc.comCrypto analyst Sebastian has outlined why he believes Cardano (ADA) could rise to as high as $3 this year. The developments the analyst highlighted undoubtedly paint a bullish picture for the crypto token. However, it remains to be seen how Cardano will react, given that it is currently one of the worst-performing crypto assets this year.
Why Cardano’s Price Is Posied To Reach $3 This Year
Sebastian mentioned in an X (formerly Twitter) post four reasons he believes Cardano will reach -
Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip
via newsbtc.comData shows that traders on social media have been calling to buy during the latest Bitcoin dip below $66,000, a sign that FOMO is active in the market.
Bitcoin Investors Are Displaying FOMO After The Recent Decline
As the analytics firm Santiment pointed out in a new post on X, the recent drawdown in the cryptocurrency has instigated the second-largest spike of buying interest in social media users in the past two months.
The indicator of interest here is the “Social Volume,” which k -
Bitcoin bank proposal gains momentum in El Salvador
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin. -
Legendary Trader Warns: Bitcoin Could Plunge Below $50,000 If These Key Levels Break
via newsbtc.comRenowned trader Peter Brandt recently provided insights on the Bitcoin price potential market movements, projecting a challenging period followed by a significant rally.
This analysis comes as Bitcoin’s current trading behavior exhibits signs that might concern short-term investors.Bitcoin’s Precarious Path: Potential Drop and Subsequent Rally
Brandt’s analysis indicates that if Bitcoin breaks the $65,000 threshold, it could trigger a further drop to around $60,000, potentially -
Home miners may benefit from NiceHash, Marathon Digital collaboration
The new NiceHash firmware will combine the advantages of two products. -
Dogecoin Sees Monumental Surge In Transactions As Whales Spend $129 Million
via newsbtc.comDogecoin is currently at a critical price junction that might determine its price trajectory in the short term. Although the meme coin has witnessed a significant price drop in the past seven days, recent whale activity suggests that the tide might change soon. Notably, large holders of DOGE have been taking advantage of the price drop to accumulate millions of DOGE. Per data from Santiment, an on-chain analytics platform, addresses holding between 10 million and 100 million Dogecoins have colle -
MATIC Price Tests 8-Month Support As Polygon Unveils New Governance Hub
via newsbtc.comPolygon’s native token, MATIC, has experienced a notable disparity compared to the broader cryptocurrency market. Unlike the top cryptocurrencies that have posted double-digit gains year-to-date, MATIC has failed to post positive performance across all time frames since the 2021 bull run.
Adding to the concern, MATIC’s price has recorded losses amounting to 16.5% over the past seven days. This downward trend has prompted the token to test a crucial macro support level, raising questi -
Mining execs establish organization to influence US crypto voters
A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto. -
South Africa Re-Elects Cyril Ramaphosa of the ANC as President
via coindesk.comSouth African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country's first multi-party coalition government.
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