Category: Cryptocurrency News

submitted by /u/Informal-Suit9126 [link] [comments]

So I know what you're thinking, why would I invest in FTTclassic if FTT collapsed the entire crypto market and set us back years? The answer is that this amazing new coin launched by Sam himself has real world utility this time. FTTclassic is a Governance token that can also be used as a currency…
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Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

Shiba Inu (SHIB), the dog-themed crypto that once dreamed of flipping Dogecoin, is not in solid footing these days as it continues to fail in finding the right rhythm to bounce back and push its price to higher levels. According to latest data from Coingecko, at the time of this writing, the meme altcoin is trading at $0.00000931. Although it managed to climb by 1.5% over the last 24 hours, the asset is still down by 8.5% during the past seven days and by 27.7% over the last two weeks. Shiba Inu lost almost 28% of its value over the last week Within the next five days, SHIB is expected to trade at $0.00000902 SHIB EMA suggests it will once again be caught in a bearish momentum By virtue of its $5.48 billion overall valuation, SHIB managed to climb one step up the ladder, claiming the 13th place in Coingecko ranking of cryptocurrencies according to market capitalization. This, however, did not happen because Shiba Inu was in a decisive bullish rally, but because the broader crypto market continues to struggle following the collapse of one of the world’s largest and leading exchange platforms, FTX. 🐳 The top 5000 #ETH whales are hodling $75,289,824 $SHIB $58,694,355 $MKR $50,253,460 $UNI $43,593,452 $LOCUS $39,330,252 $BIT $33,105,058 $BEST $31,725,680 $LINK $29,067,831 $CHZ Whale leaderboard 👇https://t.co/kOhHps8XBB pic.twitter.com/ENrYvc3bUt — WhaleStats (tracking crypto whales) (@WhaleStats) November 15, 2022 ETH Whales Continue To Hold SHIB In High Regard? According to data shared by crypto whale tracker WhaleStats on Twitter, SHIB was the top altcoin being held by the top 5,000 Ethereum whales. Collectively and currently, these major investors are in possession of $75,289,824 worth of Shiba Inu tokens. MakerDAO (MKR) was second on the list, accounting a total value of almost $58.7 million. Uniswap (UNI) also made the list, occupying the third slot as the ETH whales are hodling $50.25 million worth of the digital asset. Rounding up the top five are Locus Chain (LOCUS) ($43.59 million) and BitDAO (BIT) ($39.33 million). Meanwhile, also included in the list of top altcoins being held by the top 5,000 Ethereum whales are Bitpanda Ecosystem (BEST) ($33.10 million), Chainlink (LINK) ($31.72 million) and Chiliz (CHZ) ($29.06 million). If it’s any indication, this data proves that these seasoned investors known in crypto space as “whales” have not lost their faith in Shiba Inu, accumulating large quantity of it and holding onto it until the time comes when they can make considerable profit from it. Shiba Inu Headed Towards Another Decline Considering its current situation, SHIB may not be in a good position to reward these Ethereum whales anytime soon. According to the asset’s 20-day Exponential Moving Average (EMA) that has settled below its 50-day EMA, it is most likely that Shiba Inu will once again experience price dump over the next few days. Related Reading: Solana Loses 60% Of Its Value After FTX Collapse – Can SOL Bounce Back This Week? Source: TradingView This sentiment is re-echoed by the forecasts of Coincodex which suggest that within the next five days, the altcoin will trade at $0.00000902 while a month from now, a sharper price decline will be experienced by the asset which will pull it all the way down to $0.00000639. A consolation, at the very least, for the meme crypto, is that its 200-day EMA suggest that on a long-term, there will be relief as bears are not seen to be in control all year long. Related Reading: Avalanche Looks To Capitalize On GameFi Segment – Will This Give AVAX Some Boost? SHIB total market cap at $4.96 billion on the daily chart | Featured image from Watcher Guru, Chart: TradingView.com

submitted by /u/eroskeros [link] [comments]

Please hear me out. Over the past few days I have really struggled to find Goerli Eth that I can use for testing purposes. The best I can do is use the 0.2/day Alchemy Faucet. I have also tried using the pk910 faucet but this has an even lower yield. This has immensely pissed me…
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submitted by /u/1000xcoins [link] [comments]

Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the […]

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

Hi there, We are aware that Genesis Global Capital, LLC (Genesis) — the lending partner of the Earn program — has paused withdrawals and will not be able to meet customer redemptions within the service-level agreement (SLA) of 5 business days. We are working with the Genesis team to help customers redeem their funds from…
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