Shiba Inu (SHIB), the popular memecoin, is back in the news after a crypto expert issued a bold projection predicting a tenfold growth in its market capitalization. Zach Humphries outlined certain hopeful variables that might propel SHIB to a market capitalization of $100 billion, bringing its price to $0.000171—a whopping 890% increase over present levels.…
Tag: crypto
Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory
As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark. BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved…
Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date
Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme. Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans. The firm recently…
Six Months, $1 Billion: TON Network’s Explosive USDT Adoption Milestone
The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the USDT on TON hitting over $1 billion in only six months, an indicator…
Solana DeFi Momentum Soars With $5.7 Billion Locked In Q3
Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked or TVL increased to $5.7 billion in…
GRASS Token Fails To Break $2 Level – Is It Time To Buy?
GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and…
Why One Analyst Says Now’s The Time To Buy XRP—Before It Hits $14
A few analysts say Ripple’s XRP is preparing for an explosive price action. Steph, an analyst under the “StephIsCrypto” username, offers a bold, positive outlook for XRP, saying that a significant price rally is in the pipeline thanks to increased global liquidity. In a published analysis, Steph highlighted the token’s historical relationship with increased liquidity…
Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000
Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000. Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking…
Market Shockwave Ahead? Ethereum Could Crash Over 60%, Analyst Says
Like most digital assets, Ethereum witnessed a correction this week by losing over 5% in the last 24 hours while trading just above $2,500. While the increased on-chain activity could eventually make the bulls bet for the bounce back of Ether, a few experts differ with this perspective. Crypto veteran analyst Peter Brandt predicts further…
Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks
A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises…