Bitcoin up 400% since Trudeau mocked political opponent for telling people to ‘buy BTC’
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Enron, the company involved in one of the largest frauds in U.S. corporate history, has announced a breakthrough project: The Enron Egg, touted by the company as “the first micro nuclear reactor.” Enron Announces Enron Egg Micro Nuclear Reactor, Token Might Still Under Wraps Enron, the former Texas-based energy company, has announced an allegedly revolutionary […]
Emerging crypto regulation and the US Federal Reserve’s monetary policy path will be the main drivers of Bitcoin’s price trajectory in 2025, Binance Research told Cointelegraph.
CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.
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On Monday, over $1 billion flowed into spot bitcoin and ether ETFs with Fidelity and Blackrock ETFs dominating the inflows. Bitcoin and Ether ETFs Extend Strong Start to 2025 U.S. spot bitcoin and ether exchange-traded funds (ETFs) continued their strong start to the year with a combined inflow of $1.1 billion on Monday, Jan. 6. […]
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Rostin Behnam is stepping down as chair of the Commodity Futures Trading Commission on Jan. 20, calling for stronger crypto oversight and leaving behind a legacy of enforcement.
Shiba Inu (SHIB) appears to be laying the groundwork for a big rally, as market observers focus on a potential vertical surge. The popular meme coin, which has often piqued investor interest, appears to be set for a “monster” climb toward $0.000066651. Related Reading: Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why Positive Trends Amid Market Uncertainty Shiba Inu’s current pricing behavior indicates a steady rebound in momentum. After weeks of sluggish activity, the token’s upward trend has fueled confidence. Analysts are keeping a careful eye on important technical signs that indicate SHIB may be ready to exit its consolidation phase. Increased trade volumes and strengthened support levels indicate that investor confidence is growing. Positive mood in the broader crypto landscape supports CoinMarketCap data indicating the coin is gaining more traction. Major developments in Bitcoin and Ethereum have set off a chain reaction that has elevated the appeal of SHIB and other cryptocurrencies. On X, an analyst identified as “Strong” noted a likely cup-and-handle formation in SHIB’s weekly chart that suggested possible consolidation before to an upward breakthrough. Based on past resistance levels, they estimated a post-breakout goal of $0.000066 suggesting great optimistic possibilities. $SHIB Shib will do what it does, “slowly then all at once” a monster vertical move HTF chart looks super bullish: – a catch up play to $DOGE – largest erc token on $ETH – soon a break out of a 4y down trend A bullish $SHIB is good for risk on crypto It’s almost time pic.twitter.com/ofzM4fEXhr — $trong (@StrongHedge) January 5, 2025 Emphasizing SHIB’s ranking as the biggest ERC-20 token on Ethereum, the research also positioned SHIB as a “catch-up play” for Dogecoin. Furthermore, SHIB is apparently approaching a breakout from a four-year declining trend, which supports its attraction to traders expecting a substantial price increase. Technical Signs Point To A Breakthrough The likelihood that Shiba Inu will achieve its estimated goal of $0.000066 is determined in part by technical and commercial variables. While the coin has been trading in a long-term symmetrical triangle, it is typically associated with potential bullish breakouts. Prominent experts and other cryptocurrency enthusiasts on social media have emphasized this circumstance as a motivating factor for SHIB’s upcoming actions. Recent studies underlined the need of maintaining important resistance values. Should SHIB keep following its current rising path, holders could find big increases in the next weeks. Moreover, the introduction of Shibarium, Shiba Inu’s Layer-2 solution, has piqued attention on the general value of the ecosystem. Related Reading: Bitcoin Target Locked: Metaplanet Eyes 10,000 BTC This Year Market Mood Improves Shiba Inu Projection Beyond mere technical concerns, the prevailing attitude in the crypto space supports SHIB’s promise. Social engagement metrics have climbed; Shiba Inu mentions on websites like Twitter have peaked several months ago. Furthermore, increased speculation about important events in the ecosystem, such as new coin listings and partnerships, has kept the token in the spotlight. However, analysts warn against being overly optimistic. Shiba Inu price swings, like those of any other speculative asset, are characterized by volatility. Investors should approach this rise with a balanced mindset and keep an eye out for market changes. At the time of writing, SHIB is trading at $0.000002414, up slightly in the last 24 hours. Whether it can meet its ambitious $0.000066651 aim is determined by a combination of technical and market variables. Featured image from DogTime, chart from TradingView
Ripple’s RLUSD stablecoin gets a boost as Chainlink’s price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger.