Category: Cryptocurrency News

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Shibarium is almost at a new transaction milestone amid Shiba Inu’s market price uncertainty. The latest data from Shibariumscan shows the layer-2 scaling platform for Shiba Inu is now nearing a transaction count of 300 million, an exciting threshold that points to a successful and impactful rollout. With SHIB now struggling to post gains in the past month, it is only natural to ponder whether Shibarium’s eventual attainment of this transaction milestone could reverse the meme coin’s fortune, even if only temporarily.  Shibarium Nears 300 Million Transactions Shibarium has largely been successful since it went live in August 2023, becoming the preferred platform of Shiba Inu whales and investors. In the first month, Shibarium processed more than 3 million transactions, an indication of its market fit.  Related Reading: Astar Makes History, Investors Celebrate 16% Price Hike – Here’s More The layer-2 solution particularly witnessed a flurry of transactions towards the end of 2023, pushing the total transaction count over milestones in multiple succession. In December, Shibarium averaged over 7.5 million transactions every day. However, the daily transaction count has seen a decline in January, save for a recent integration of Shibarium by crypto exchange Gate.io. Despite the recent decline, Shibarium’s total transactions point to steady activity. At the time of writing, Shibarium’s 24-hour daily transaction stands at 2.75 million and a total of 299.4 million transactions, spanning 2.75 million blocks. Incoming SHIB Price Surge? As it stands, a larger part of SHIB’s utility is now tied to the adoption and use of Shibarium, and the crypto is known to react to updates regarding the Shibarium platform. SHIB has mostly traded below $0.00001 since the beginning of the year, and a 300 million transaction milestone could become a much-needed catalyst for a price surge.  Higher usage signals investor interest and faith in the ecosystem. At the same time, fees collected from transactions on Shibarium could be used to burn more SHIB, leading to an uptick in the SHIB tokens left in circulation. SHIB market cap is currently at $5.6 billion. Chart: TradingView.com SHIB is currently trading at $0.000009474, down by 13% since reaching $0.0000109 on January 2nd. Price action shows the crypto testing the $0.0000087 and $0.0000089 support levels throughout the month, rebounding three times. According to data from IntoTheBlock, 78.92 trillion SHIB tokens were bought between these price points, which are now acting as support Related Reading: Maker (MKR) Makes Crypto History: $2K Breached – Can DeFi Reach For More? BONE, Shibarium’s gas token, also shares the same sentiment. BONE is currently trading at $0.6179, down by 18% in the past month, as part of the recent daily transaction decline on Shibarium. However, reaching a new transaction milestone could cascade into an uptick in daily transactions, which would increase BONE’s utility and trigger price growth. Featured image from Pexels 

Hello, I'm looking for best way to run my own node and I have few questions about it. Is it possible to run node for bsc and Eth on one machine ? What would be best practice for it ? submitted by /u/genesis_crazy_one [link] [comments]

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According to data from Coingecko, Dogecoin (DOGE) has soared by 10.5% in the last 24 hours, drawing much attention from market analysts and investors alike. Prior to this gain, the memecoin had shown little price movement, hovering around the $0.08 price region for most of the past week.  Dogecoin ranks as one of the top players in the crypto ecosystem, with a staggering market cap of $12.38 billion. The meme coin is particularly popular for its endorsements by famous figures such as Gene Simmons, Snoop Dogg, Mark Cuban and the world’s richest man Elon Musk. Related Reading: Dogecoin To See 24% Rally To $0.100 If This Holds: Analyst Behind’s DOGE Rise Interestingly, the current rise in DOGE’s price appears to be related to recent developments on Elon Musk’s social media platform X. On January 20, X launched a dedicated account for its X Payments initiative, a peer-to-peer payment service designed to enhance “user utility” and introduce “new opportunities for commerce”. Source: X The X Payments project was initially announced on January 9 as part of Elon Musk’s grand plan to position X as the “everything app”, providing a single interface which caters to user needs in terms of social media, advertising, content and video promotion, among others. DOGE’s reaction to the creation of the X Payments account is driven mainly by the potential role many investors believe the token may play in this payment system upon launch. Such expectations are mostly based on Elon Musk’s vocal and consistent support of the meme coin since as far back as 2019. Tesla, one of Elon Musk’s more valuable companies, already accepts payment in Dogecoin, and there are speculations the crypto asset could adopt a similar role in the X Payments project.  The potential of such incorporation could spell massive gains for DOGE in terms of adoption. According to X, its payment initiative is now registered in 32 states of the United States, securing a money transmitter license in 10.  However, it is worth stating that there are no statements or hints from credible officials that X Payments will indeed adopt DOGE as a settlement option following its expected launch in mid-2024. Alongside the memecoin, other cryptocurrencies being propped to act as payment options in X’s e-commerce feature include XRP, and Stellar (XLM), among others.  Related Reading: Top Analyst Anticipates Dogecoin Surge To $0.10, But There’s A Catch Dogecoin Price Overview  At the time of writing, DOGE trades at $0.0861, reflecting a 7.4% gain in the last seven and fourteen days. On the monthly chart, DOGE is down by 7.5% and has barely shown any growth in the last year, with a Year-To-Date (YTD) gain of 0.6%. As earlier stated, Dogecoin boasts of a market cap of  $12.38 billion, making it the 10th largest cryptocurrency. In addition, the memecoin’s daily trading volume is valued at around $1.17 billion. DOGE trading at $0.08584 on the daily chart | Source: DOGEUSDT chart on Tradingview.com Featured image from Binance Academy, chart from Tradingview

Trezor sent me an email today where there was an unauthorized access to the third-party support ticketing portal on their website, is there a risk of losing funds? anyone had this email too? submitted by /u/qTazerp [link] [comments]

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