Author: cointechies
Shiba Inu price opened Thursday at $0.00002900, up 22% from Tuesday's 14-day low of $0.00002400. Shiba Inu's open interest increased by only 2%, indicating that the recovery is mainly due to spot purchases. Shiba Inu's funding rate has turned positive, increasing by 110% in the past 24 hours. The price of the Shiba Inu has rebounded 22% from the 14-day low of $0.00002400 recorded during Tuesday's crypto market selloff. With the Ethereum ecosystem attracting rapid capital inflows, is SHIB on the verge of a big breakout? Shiba Inu enters 22% rebound as Ethereum bull market regains momentum Prior to the…
Check out the latest information in Spanish. US President-elect Donald Trump's World Liberty Financial (WLF) has made a significant multi-million dollar investment in Ethereum (ETH), Aave (AAVE) and Chainlink (LINK), increasing the price of AAVE and LINK. led to soaring prices. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11th. These are the first recorded acquisitions of both AAVE and LINK by the fund, with total purchases of approximately $30 million in USDC over the past…
Signum Bank's Cryptocurrency Report predicts that profit rotation from Bitcoin to altcoins may stop in 2025. The current bullish cycle could favor meme coins over other sectors. Stablecoins may be on track for widespread mainstream adoption in 2025. Signum's 2025 Crypto Market Outlook predicts the long-awaited Alternatives Season could disappoint investors as stablecoin adoption expands and memecoins lead market rally . Altcoins could spook investors as stablecoins become more popular Digital asset banking group Signum has released its 2025 market forecast, highlighting the latest trends in cryptocurrencies year-to-date and what investors can expect in the coming year. The report suggested…
Dubai, United Arab Emirates, December 12, 2024, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has renewed its commitment to merchant benefits in Kenya, South Africa, and Ethiopia to strengthen activity on the Bybit P2P platform. commitment reward An evergreen part of Bybit P2P, the long-running Bybit P2P employment program rewards consistency and long-term support, giving you the opportunity to earn up to 200 USDT each week. Advertisers who qualify as long-term affiliates may enroll in the program. Successful applicants will receive the following special benefits: 1-on-1 customer support Fast access to dispute process Bi-weekly rewards based on…
Check out the latest information in Spanish. The path of Dogecoin’s price towards the coveted $1 mark is a topic of interest to cryptocurrency enthusiasts and traders alike. Once it reaches $1, Dogecoin will reach a new psychological threshold and set a new all-time high. However, there are different views on when and how this happens. Technical analysis on the TradingView platform suggests that Dogecoin price could encounter resistance at $0.48, decline, and then resume its upward trajectory towards above $1. Dogecoin price may be rejected at $0.48 Dogecoin is currently trading below $0.48, but technical analysis points to significant…
Thomas Peterffy, founder of Interactive Brokers Group, says he is scared because Bitcoin has no fundamental value. Investment guru Ray Dalio prefers gold due to concerns about the lack of privacy and tax burden of cryptocurrencies. Despite the concerns, Peterffy and Dalio maintain small amounts of cryptocurrencies in their portfolios. Peterffy advises allocating 2% to 3% of your portfolio to cryptocurrencies, which Dalio sees as a hedge against rising global debt. In the wake of Microsoft shareholders' decision not to invest in Bitcoin, many non-coin users may be wondering whether Bitcoin has a place in any sensible portfolio. . According…
Miami, Florida, December 12, 2024, Chainwire Transak, the global leader in Web3 payments infrastructure, has officially launched Transak Stream, a breakthrough innovation that redefines the crypto-to-fiat off-ramp experience. This new product delivers unparalleled simplicity, converting stablecoins and cryptocurrencies to fiat as seamlessly as sending tokens between wallets. Imagine this. A user with a Web3 wallet wants to withdraw 1,000 USDC. All they have to do is send the cryptocurrency to their own Transak stream address. Within seconds, the equivalent legal amount will be credited to your bank account or card. No need to place orders, open additional apps or widgets.…
Shiba Inu (SHIB) is once again in the spotlight as it approaches a pivotal price level, with resistance at $0.00002960 emerging as a crucial hurdle for the bulls. After a period of steady gains, market participants are now focused on whether SHIB can muster enough strength to break through this important threshold. A successful move above this level could create new bullish momentum and set the stage for a potential rally. Can the bulls survive this situation, or will SHIB face new pressure? Analysis of SHIB price action: Is a bullish surge imminent? SHIB price action shows increasing positive sentiment…
Santa Monica, CA, December 12, 2024, Chainwire This agreement brings together industry leaders and prepares us for the next era of decentralized digital identity. Dentity is proud to announce the acquisition of Trinsic's decentralized identity assets, setting the stage for a dramatic expansion of its Web3 identity solutions. These assets represent advanced decentralized identity infrastructure around the world, enabling thousands of developers to build user-controlled identity functionality into their applications. With this move, Dentity aims to strengthen its position as a global leader in decentralized identity. “Trinsic's platform revolutionizes the way consumers manage and share their personal data,” said Jeff…
Check out the latest information in Spanish. Dogecoin has been volatile over the past few weeks, reflecting overall market indecision. After reaching a year-to-date high of $0.484, the price fell sharply, losing more than 25% of its value. This decline has created uncertainty among retail investors as Dogecoin struggles to regain momentum and find a clear direction. Related books Despite the retrace, on-chain data provides promising signals for Dogecoin’s recovery potential. Santiment indicators reveal that Dogecoin whales took advantage of the recent decline and amassed a staggering 210 million DOGE during the correction. This accumulation suggests that large holders are…