Hey good folks from r/CC, wanted to let you all know that I have joined a big centralised exchange as a software developer, I am feeling great about it and wanted to share my journey with you guys. I started to learn programming at the age of 22, learned enough in 10 months while doing…
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Is Bitcoin ready to throw in the towel and allow Shiba Inu to snag its crypto gold status? Not likely. But, anything can happen. If you want a more reliable and stable trade then go for the kings of cryptocurrency, Bitcoin, and Ethereum. These two leading cryptocurrencies have been consistently moving on an upward trend for the past two years. However, Shiba Inu is getting more attention for its recent remarkable increase in market value at 0.12%. Was it just a lucky streak or is Shiba Inu primed to be the next crypto gold? Suggested Reading | Bitcoin Falls Back To $40,000 As Fed Mulls Faster Rate Bumps Shiba Inu Gains More Traction Why is Shiba Inu gaining that instant fame threatening the post of Bitcoin and Ethereum? Well, the Dogecoin killer Shiba Inu (SHIB) has performed way beyond the standards of a top-performing asset. The standard is around the figures of 2,000% or a little higher. However, Shiba Inu was able to surpass that in 2021. In fact, not even Bitcoin or Ethereum was able to reach that pinnacle of sorts. That humongous one-year gain by SHIB was enough for traders and crypto enthusiasts to compare Shiba Inu with Bitcoin and Ethereum. SHIB total market cap at $13.50 billion on the weekend chart | Source: TradingView.com Suggested Reading | Shiba Inu Kicks Off Metaverse Project; SHIB Rallies 14% In The Last 7 Days Despite the criticisms and naysayers, SHIB was able to go beyond the expectations of many. What makes SHIB more robust than ever in 2021 is the fact that it has worked doubly hard to increase its visibility to its target market. SHIB has amassed great profits in the past two years. It was able to increase its market liquidity and capitalization. The popular vote on the SHIB fence has also increased its following and investors. In fact, the SHIB community has grown so rapidly to more than 1 million. SHIB – The Most-Searched Crypto in 2021 Shiba Inu is also regarded as the most-searched crypto last year. It has clearly outperformed Bitcoin in terms of popularity and market value. It might be an issue of having too much information regarding Bitcoin and Ethereum. Clearly, SHIB is enjoying the spotlight and looks ready to ‘bark’ louder. According to Google Trends, the demand for Bitcoin has died down a bit in the past couple of months. Shiba Inu has dropped to 4% which gives more opportunity for a buy-in before the prices go up. The token’s relative strength index (RSI) is now below 50. Buying SHIB now will help crypto aficionados have that vantage point once the prices rebound. Featured image from NDTV Gadgets 360, chart from TradingView.com
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Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF’s Chief Comments on Indian […]
The journey from crypto skepticism to enthusiasm: What allowed Germany to become the most attractive country for crypto investments?
Hi, we are looking for influencers focusing on Ethereum with more than 2000 subscribers on Twitter or Youtube who would be willing to mention different products in exchange for payment. The topics of the requested posts will likely be about crypto, DeFi projects and DApps. We are an influencer marketing agency called Illusive Moose and…
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So I saw a post a couple of minutes ago about Pulse chain, which is basically a direct copy of Ethereum. Everything you currently own on Ethereum is going to be copied over and you will basically double your current portfolio, sounds amazing right? I thought so and decided to do a little digging and…
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Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,” they said. Lawmakers Want More Oversight of Bitcoin Mining Industry U.S. Representative Jared Huffman (D-CA) and 22 other Congress members jointly sent a […]
