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Under bullish conditions, Shiba Inu has rallied several times and fetched investors with significant returns. During the asset’s September-October rally in 2021, SHIB appreciated by more than 1,600%. However, with the broader market consolidating at the moment, SHIB continues to trade with five zeros. The asset shed more than 1% of its value over the past 24-hours. It was seen exchanging hands around $0.000008394 at press time. Also Read: Shiba Inu Adoption Rate Climbs to 58%, Highest Since 2020 What to expect from Shiba Inu going forward? Amid the sluggish conditions, macro Shiba Inu forecasts continue to be bullish. According to recent research by BTCC Academy, SHIB is expected to continue trading with five zeros this year, with a maximum attainable price of $0.0000092. By 2025, SHIB’s price has been forecasted to erase a zero and trade anywhere between $0.000013-$0.000017. The research pointed out that by 2030, the asset would eventually be able to triple in pric...

The obscure and new memecoin of the Coinbase-incubated Base, BALD, has exhibited an astounding rise of 10,000%. The massive surge has created a frenzy among investors, doubting its connection to an insider trader. Researcher Axel Bitblaze provided insights into the prevailing ambiguities and cautioned investors on the honeypots on Base. The colossal surge of the obscure and relatively new memecoin built on the Coinbase-incubated Base, called Bald, pushed the crypto community into a frenzy. Investors and traders raise eyebrows while the price of the Armstrong-themed token spikes by an astounding 10,000%, currently reaching $0.0523. The crypto investor and NFT enthusiast, Axel Bitblaze, recently took to Twitter to share his perceptions on the mysterious Bald token. Diving deep into the implausible rise of the BALD, the researcher narrated the growing ambiguity among the community regarding insider trading and the involvement of Coinbase CEO Brian Armstrong. ...

Cardano Founder Justifies His Action For a crypto leader that is the prominent face of the Cardano blockchain, having no public addresses might have drawn criticism from members of the community. However, justifying his decision to keep only private profiles, Hoskinson noted that he chose not to keep public addresses because of security reasons.  advertisement He buttressed his point noting that different people may choose to send money to the public addresses from a sanctioned country without his consent. He also believes that zealous senders may try to send him money from restricted channels like Tornado Cash , a situation that can notably cause his addresses to be blacklisted by the authorities. I don't have public addresses because of security. People can send transactions without my consent from sanctioned nations and wallets like the tornado cash issue to me and thus blacklist my account. This is why I like the concept of contingent settlement ...

The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated. Proof of humanity protocol Worldcoin released its audit report s on July 28 as criticism of its data collection practices continues to mount. The new report s were conducted by security consulting firms Nethermind and Least Authority.  According to an accompanying announcement from Worldcoin, Nethermind found 26 security issues with the protocol, of which 24 were “identified as fixed” during the verification phase while one was mitigated and another was acknowledged. Least Authority discovered three issues and made six suggestions, all of which “have been resolved or have planned resolutions,” the announcement stated. Learn more about the results of two separate security audits of the Worldcoin protocol, performed by @NethermindEth & @LeastAuthority.https://t.co/fXa50wNBYE — Worldcoin (@worldcoin) July 28, 2023 Worldcoin first rose to prominence in 2021 whe...

Animoca Brands’ founder says Hong Kong’s optimistic outlook on crypto is driving the end of crypto winter. China’s pursuit of “de-dollarization” prompts significant crypto exploration, with $250 billion in digital currency transactions in June. NFTs democratize revenue for artists, while gaming emerges as a leading sector in web3. Animoca Brands co-founder and executive chairman, Yat Siu published a blog recently in collaboration with Bloomberg where he discusses the current state of affairs in the crypto industry. Titled ‘Is the Crypto Winter Over?’, the blog Features an easy yes to the question from Siu. Bitcoin’s value is on the rise, the crypto market capitalization is finally stabilizing, investment management giant BlackRock is headstrongly pushing into the Bitcoin ETF market, and Hong Kong is welcoming retail crypto trading with open arms, the blockchain gaming company’s founder state the aforementioned as obvious signs of...

Alleged Crypto fraudster Mario Nawfal has filed an $11 million lawsuit against a citizen journalist who has accused him of manipulating views on Twitter X and abusing the companies he ran for his own gain.  YouTuber Upper Echoleon received the defamation suit on Wednesday and has already raised $21,000 to fight Nawfal.    “The point here is to take a stand for what I believe in, against a person who is abusing the legal system in an attempt to silence criticism by targeting whistleblowers, sources, and reporters. I cannot tolerate that,” Upper Echelon wrote.  Nawfal claims that Upper Echelon has defamed him through a series of videos that claim to feature whistleblowers from within Nawfal’s companies revealing evidence of his shady conduct . Nawfal is accused of paying for fake Twitter engagement. He supposedly used one of his incubators to charge others for services as opposed to investing in them as typical startup incubators should while dramatically marking up prices....

Court Sets Deadlines in Binance Vs US CFTC Lawsuit On July 26, the Court for the Northern District of Illinois sets deadlines for motions by defendants and plaintiffs regarding the dismissal of the US CFTC v. Binance lawsuit. advertisement According to a minute entry, the defendants’ ( Binance ) motions to dismiss are due by July 27 as earlier granted by the court. However, the court has extended the plaintiff’s (CFTC) deadline to September 22, delaying Binance ’s plans to dismiss the lawsuit on the argument that the court lacks jurisdiction. In addition, Binance can reply to CFTC’s response by October 23, restricting it to 35 pages in reply. Meanwhile, jurisdictional discovery ‘stays’ while the parties file motions to dismiss the lawsuit. It means the lawsuit will remain in the court until motions are filed by both Binance and CFTC, extending the lawsuit possibly to next year. “Any request for early jurisdictional d...

Join Our Telegram channel to stay up to date on breaking news coverage KuCoin refuted a report that it plans to lay off 30% of its employees and said personnel adjustments are part of normal operations. The Seychelles-based crypto exchange’s CEO, Johnny Lyu, tweeted that ”it is not layoffs,” adding that the company regularly evaluates its organizational structure based on employee performance and the company’s development. A KuCoin spokesperson told Coin Telegraph that the company ”has not initiated any alleged layoff plans” but added that as part of semi-annual performance reviews, ”there might be some personnel adjustments as needed, which is a normal process in organizational development.” Media platform Wu Blockchain had earlier tweeted that KuCoin would lay off 30% of its almost 1,000 staff and that more than three internal employees confirmed the information. The reason for the layoffs was that profits had declined after im...

Bold Calls on Dogecoin Performance The impressive performance of Dogecoin has pushed the memecoin up 19.99% over the trailing 7-day period. This performance becomes significant when compared with the related moves from top digital currencies like Bitcoin (BTC) which is down by 2.03% in the past week. advertisement Top rival memecoins like Shiba Inu (SHIB) and PEPE are also trailing behind Dogecoin in what comes as a defined outpacing. While SHIB is up by 2.19% in the past week, PEPE is notably changing hands at a deep negative discount of 13.97%. Dogecoin has been on the radar of many traders and top analysts on Twitter. One of these analysts CrediBULL Crypto is projecting that the memecoin is bound to keep ‘moving forward’. His current projection was hinged on his previous calls in which he successfully predicted an upward push for the memecoin. The last time I shared a video on $DOGE was about 3 months ago when we were trading at just over 9 cent...

Shiba Inu (SHIB) launched a new YouTube channel yesterday dedicated to its Shibarium network. The channel uploaded a new video today titled “ Shibarium Basic Information.” The video explained all the benefits of Shibarium and how users can transfer tokens to and from the Ethereum (ETH) Network. Also Read: Shiba Inu: Shibarium Launches YouTube Channel With 3 Videos As per the video, some of the benefits of the upcoming network include increased security, transparency, and decentralization. Moreover, it highlighted that the network would be more cost-effective and efficient than the current ecosystem. The video also informed users that they can utilize Shiba Inu’s Shibarium bridge for cross-network deposits and withdrawals. Moreover, users can also stake their holdings using the network while earning rewards. Furthermore, the Ethereum (ETH) network and Shibarium will mint the same number of tokens. When tokens are moved back to the Ethereum (ETH) network, t...

After a significant acquisition of a prominent social media platform worth $44 billion, Elon Musk held the title of the world’s richest person. However, he lost his position for a brief period of time. Perhaps, according to the latest data from the Forbes billionaire list, Musk has reclaimed his title after battling with Bernard Arnault. The CEO of Tesla and Spacen9cg X 2u1cPMQpSw X znv’s net worth is estimated at $240.7 billion as of noon EDT. JUST IN: Elon Musk reclaims title as world's richest person. — Watcher.Guru (@WatcherGuru) July 24, 2023 Also read: US Congressman Warren Davidson Calls to Ban CBDC Elon Musk reclaims his title after Twitter logo rebranding The popular social media platform, Twitter , has undergone a rebranding and officially adopted a new logo, the letter “ X .” On July 23, the platform’s owner, Elon Musk , announced the decision, stating that they would say goodbye to the Twitter brand and eventually p...

The HAMS token , associated with Hamsters.gg, a platform where users bet on a live-streamed hamster race, experienced an astounding 1000% price surge. Hamsters recently took the crypto news by storm with the meteoric rise of the HAMS token . It all started when Hamsters.gg, a website allowing users to wager crypto on live hamster races, gained traction.  The platform’s token, HAMS, took advantage of this newfound fame and soared massively. The price of HAMS rallied from $0.29 to $3.31 during the weekend. This massive surge astounded even seasoned traders and drew substantial speculative interest. Bugs squashed, FUD battled, LP added, Payouts enabled and 526 online and betting on their favorite Hamsters! #HamstersGG pic.twitter.com/zhXHma6Ekh — HamstersGG (@hamsters_gg) July 24, 2023 However, HAMS has plummeted soon. The token is trading below $1 at the time of writing. Hamster price | Source: CoinGecko The HAMS token , which had a market capitalization of $1 mill...

Join Our Telegram channel to stay up to date on breaking news coverage The Exodus blockchain smartphone line of HTC is set to receive its own crypto mining app quite soon. With this, it will allow them to mine the Monero cryptocurrency should it be plugged in and idle. This will be done by the DeMiner app, which was developed by Midas Labs. DeMiner has been scheduled to launch in Q2 2020. Paying Back The Phone’s Price In 170 Years Of Mining According to Jri Li from Midas Labs, the Exodus 1S model smartphone should be capable of earning you $0.0038 in Monero mined every day. As one would imagine, this doesn’t turn the phone into any sort of profitable venture. In fact, when you crunch the numbers, it feels even less worth it: The smartphone will only be able to make a single dollar in a year’s idle time, $1.387, to be exact. Crunching the numbers, it can be figured out that the price tag of approximately $237 for the Exodus 1S will only be repaid in about 170 years. This, and o...

Santiment predicts that Ethereum price can reclaim the psychological $2k price mark by August.  Since reaching its peak of $2,132 in April 2023, Ethereum (ETH) has struggled to regain its bullish momentum.  According to Santiment, the psychological area of value at $2,000 has become a pivotal point for traders, determining their optimism or skepticism towards the asset. As bitcoin(BTC) dominated the market in June, ETH only managed a meager 4.8% gain against BTC, failing to excite traders.  ETH’s subdued price action has resulted in fewer discussions about the asset, paralleling levels seen in mid-May. However, history shows that altcoins often thrive when traders are fixated on other assets.  You might also like: One fund may be behind 40% increase in ETH prices Currently, all eyes are on XRP, following Ripple Labs’ partial victory against the Securities and Exchange Commission (SEC) on July 13.  Gauging market sentiment  The report shows t...