Analysis News Today TheBitTimes.com

Join Our Telegram channel to stay up to date on breaking news coverage Oscar Ramos analyzed the brand-new meme coin Love Hate Inu, which utilizes blockchain technology to implement their vote-to-earn concept. Love Hate Inu has achieved a successful presale, passing the $5.8 million mark, and getting ready for the expected explosion that will happen when it goes on sale to the public. Oscar Ramos on Love Hate Inu – Altering the Viewpoint of Meme Coins The recently launched vote-to-earn platform Love Hate Inu merges Web3 and blockchain to upend and transform the current survey industry. Users of Love Hate Inu can do surveys and obtain rewards in the form of the project’s native token, LHINU. It has developed a distinct method for conducting surveys and garnering public opinion. The initiative is regarded as the first to implement the vote-to-earn concept, which analysts predict will soon reach new heights of adoption and popularity. Given that the global survey bus...

Dogecoin dropped to a multi-week low on Saturday, as a red wave continues to wash away recent crypto bulls. The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%. Dogecoin (DOGE) Dogecoin (DOGE) moved to a three-week low to start the weekend, as bears pushed the meme coin below a key price level. Following a high of $0.08435 on Friday, DOGE/USD dropped to a bottom at $0.07752 in today’s session. Saturday’s decline saw DOGE fall below a long-term support point at $0.080, hitting its weakest point since April 3. DOGE/USD – Daily Chart From the chart, it appears that dogecoin has found a new floor at near the $0.0760 mark, which comes as the relative strength index (RSI) also consolidated. At the time of writing this, the index is now tracking at 43.21, which is close to a support point at 42.00. The next visible resistance level looks to be at 51.00, and should bulls begin to ...

In what is undoubtedly an intriguing development, Whale Alert reported that a dormant Satoshi era, Bitcoin wallet has awakened after 10.5 years. Subsequently, the formerly dormant wallet proceeded to move 279 BTC from its holdings.  The dormant wallet address reportedly contains 1,128 BTC, which is worth $31,587,849 today. Additionally, Lookonchain provided context for the awakening, stating that the 279 BTC were transferred to three new addresses. Alternatively, the data shows the wallet had received 1,128 BTC in October 2012 and May 2013, when prices were only $12 and $195, respectively.  A dormant address containing 1,128 #BTC (31,587,849 USD) has just been activated after 10.5 years!https://t.co/W87gdQJ0lo — Whale Alert (@whale_alert) April 21, 2023 Dormant Bitcoin Wallet Emerges Undoubtedly interesting, a formerly dormant Satoshi era Bitcoin wallet has awoken after 10.5 years of lying dormant. Moreover, the awakened wallet transferred 279 BTC to 3 new addre...

Voyager Digital, a crypto lending company that has declared bankruptcy, has reached an agreement with the U.S. Federal Government. As a result, the company will proceed with its $1 billion transaction with Binance.US, with the crypto exchange selling assets worth $1 billion to Binance’s American subsidiary. Also read: Binance.US, Voyagers’ $1 Billion Deal Gains Final Approval The Voyager deal has met with several ups and downs, with the government halting the deal. Now that the government has waved the green flag, Binance.US will acquire all the assets of Voyager . According to the details from DeBank, Voyager currently holds stablecoins and digital assets worth $257,400,495 . Voyager holds over 3.1 trillion Shiba Inu A detailed look at Voyager ’s holdings reveals that the cryptocurrency lender has over 3.1 trillion Shiba Inu in its wallet. The current value of these holdings is around $32 million. USDC accounts for the majority of the holdings, with ETH righ...

Binance users can now withdraw their staked ETH six days after being announced by the exchange. According to the announcement, ETH 2.0 stakers can redeem ETH using their BETH holding at a ratio of 1:1. They can execute the process on the ETH 2.0 staking page on the Binance website.  According to Binance’s announcement, users cannot reverse an ETH withdrawal request under the staking feature. After submission, the withdrawal process becomes activated and could take 15 days to several weeks before processing. The announcement explained that the time it would take to process a withdrawal request would depend on the amount of ETH withdrawals requested by users and activities on the Ethereum network. The announcement stated that users would get information about the estimated distribution date for redeemed ETH before confirming withdrawal requests. Details of the notice will remain in the Staking History section of users’ accounts, and they can always refer to it after comp...

Following his Congressional hearing yesterday, it is clear that SEC Chairman Gary Gensler has no interest in altering his approach to crypto regulation. Moreover, Gensler reiterated that crypto platforms are “a bunch of intermediaries” that must come into compliance with the law. The hearing concluded with US Congressman Warren Davidson officially presenting legislation to restructure the SEC. Subsequently, the bill would eliminate the position of chair within the agency, replacing it with an executive director that reports directly to the board.  Source: CNBC Gensler Standing Firm on Crypto Perspective In a marathon hearing that took place yesterday, the man behind the US Securities and Exchange Commission’s approach was confronted. Consequently, Congress was not delicate in its assistance with answers to the agency’s actions with regard to regulatory enforcement in the crypto sec tor.  Yet, despite the contents of the Congressional hearing, it appears that SEC chair ...

Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China will “exert more influence in global financial institutions and trade.” Analyst Explains Why U.S. Dollar’s Dominance Is at Risk Fitch Solutions’ global head of country risk, Cedric Chehab, explained why the U.S. dollar’s dominance is declining in an interview with CNBC on Sunday. Fitch Solutions provides financial information services; it is a division of Fitch Group that includes Fitch Ratings, a global leader in credit ratings and research. The analyst explained that “Any reduction in the status of the U.S. dollar is going to be a slow erosion rather than a paradigm shift,” adding: We’re gonna see that dollar dominance erode over time. Cheh...

The crypto education and Analysis platform EGRAG CRYPTO (@egragcrypto) took to Twitter earlier today to share some price possibilities for Ripple (XRP) in the coming days. The platform decided to take a closer look at the Regression Channel and the Bollinger Bands on XRP’s charts to get a better understanding of what to expect from XRP. XRP / US Dollar 1D (Source: Egrag Crypto) With regards to the Bollinger Bands, EGRAG CRYPTO believes that if XRP can close above these bands, the remittance token could possibly target a higher price of $0.58. Furthermore, XRP’s price bouncing from the top end of the Regression Channel could also prove to be a bullish move for XRP as it indicates that bulls are eager to not lose $0.50. EGRAG CRYPTO did, however, mention that $0.48 could still be a possibility for XRP as long as Bitcoin (BTC) is ranging, but added that they do not believe the altcoin will revisit this level. It is also still possible for XRP to drop to between $0.43 and $...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows BTC sliding towards the downside as the cryptocurrency touches the $29,322 low. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,581 Bitcoin market cap – $570.8 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $35,000, $37,000, $39,000 Support Levels: $25,000, $23,000, $21,000 BTC/USD is dropping with a loss of 2.81% today as the cryptocurrency falls beneath the opening price of $30,437 level to reach the daily low of $29,322. However, the daily chart reveals that $29,000 is a very important area as it is expected to provide strong support for the coin. Bitcoin Price Prediction: Bitcoin Price May Cross Below $29k The Bitcoin price is likely to cross below the 21-day moving ...

Twitter has officially enabled crypto and stock trading through its partnership with eToro. Moreover, the move arrives following news earlier this week surrounding the collaboration between the two companies. Initially, allowing the observation of real-time stock and crypto prices. The integration of the digital asset industry and the social media platform has been slowly building. Specifically, the platform initially launched a feature in December that allows users to search for a tick or coin symbol to observe prices. Consequently, enabling stock trading is the latest development of those efforts. JUST IN: Twitter enables #crypto and stock trading in partnership with eToro. pic. Twitter .com/dfNf4Nw9PA — Watcher.Guru (@WatcherGuru) April 17, 2023 Twitter and eToro Enable Crypto and Stock Trading The connection between Twitter and the digital asset industry has been an interesting one to observe. Moreover, as Elon Musk has long been connected to the meme coin, Doge...

The Ethereum Name Service price prediction is currently pushing the coin above the $15.0 resistance but still falls at the $15.40 level. Ethereum Name Service (ENS) Price Statistics: ENS price now – $14.75 ENS market cap -$298.2 million ENS circulating supply – 20.2 million ENS total supply – 100 million Coinmarketcap ranking – #134 ENS/USD Market Key Levels: Resistance levels: $17.5, $18.0, $18.5 Support levels: $11.5, $11.0, $10.5 ENSUSD – Daily Chart ENS/USD begins another increase today as the price rises above the 9-day and 21-day moving averages. However, it is likely for the crypto to accelerate higher if it breaks the $16.0 resistance level. For the past few days, Ethereum Name Service has been hovering above the moving averages and any bullish cross above the upper boundary of the channel could place the ENS price on a recovery trajectory. Ethereum Name Service Price Prediction: How Far Can ENS/USD Go? At the time of writing, the Et...

A new discovery has been unearthed following investigations into the events before the blockchain projects of Terraforms Labs (TFL) imploded last year.  According to a local report, prosecutors tracking the flow of funds from TFL’s headquarters in Singapore found that about 9 billion won, nearly $7 million, had been remitted to Korea’s most prominent law firm, ‘Kim & Chang,’ right before the crash. Prosecutors are now tracing the source of the money, suspecting that embezzlement charges could apply if it is discovered that the company cashed in coins.  Moreover, the transfer timing is being scrutinized as it is thought that the CEO, Kwon Do-Hyung, may have been aware of the potential for a collapse and prepared legal responses accordingly, which could further support the allegations of fraud against him.  The report noted that while Kim & Chang has refused to disclose the name under which the funds came, prosecutors believe the money can ...

Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the Shiba Inu team has been working relentlessly on different projects for the community. Even though 2022 was not the best year for cryptocurrencies in terms of price, 2023 began with a bang. The whole cryptocurrency market has displayed double-digit gains over the last two weeks. SHIB, however, was exhibiting slower gains as opposed to other cryptocurrencies. Also read: Cash App: Suspect in the Murder of Founder Bob Lee Identified With the cryptocurrency prices trading in the red amidst the lawsuit against Binance, here is our SHIB Price Prediction for mid-April 2023. Shiba Inu price prediction for mid-April 2023 Shiba Inu’s price currently stands at $0.00001127, with a 1.15% drop in value over the last 24 hours. According to Changelly analysts, SHIB is expected to trade at a minimum of $0.0000135686 and a maximum of $0.0000150085 by mid-Ap...

According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3 technologies. Mastercard Launches Second NFT Offering In January, Mastercard announced its partnership with Polygon to support up-and-coming artists through the Mastercard Artist Accelerator program. During the NFT.NYC conference, the company unveiled NFTs that provide entry to this program. “Until the end of the month, music and Web3 enthusiasts can redeem Mastercard Music Pass NFT,” the company stated on Wednesday. When unveiling the music artist program, Mastercard did not reveal the participating musicians, as they had not been chosen yet. The selected artists are R&B soul singer Young Athena, Venezuelan vocalist Manu Manzu, Nigerian-based artist LeriQ, pop sensation Emil...

Polygon (MATIC) has lost ground to Solana (SOL) in NFT sales volume, bringing Solana to second place on the leaderboard. With a staggering 11.69% drop in the previous 24 hours, Polygon’s sales volume has set down to $1,146,420, establishing Solana as a major participant in the rapidly developing NFT sector, according to Cryptoslam data. The second-placed stock, Solana, has a sales volume of $1,570,959. Ethereum continues to rank first in terms of NFT sales volume. As Solana transforms the NFT market, this most recent event substantially changes the on-chain mentality. Given the platform’s relative youth, Solana’s rise to the top of the NFT sales volume chart is unquestionably an impressive accomplishment, according to market watchers on Twitter. The significant increase in sales volume is evidence of Solana’s success in using the Ethereum network’s dependability while tackling scalability difficulties. Additionally, it is anticipated that the p...

A vital piece of the growing Shiba Inu (SHIB) ecosystem, BONE could have a major move potentially in store. Moreover, U.Today notes that the potential development could come after what was weeks of underperformance for the digital asset. On February 21, BONE saw highs of $2.01, mostly due to the anticipation surrounding the arrival of the Shibarium Layer-2 blockchain. Conversely, BONE is currently down almost 100% from that high, and is trading right around the $1 mark. Yet, a look at the bigger picture could see something brewing. I bet $100,000 on a $BONE that if it doesn't reach $50 this year, I'll burn that much #SHIB.#BONE #SHIBARMY #Shibarium#Crypto #BTC #ETH #BNB pic.twitter.com/Uf0RGtAw72 — BoneShibaswap (@BoneShiibaSwap) April 11, 2023 BONE on the Brink of a Big Move? The development of the Shiba Inu (SHIB) ecosystem, and Shibarium, has shown that BONE could have a major move on the horizon. Specifically, a look back shows that weeks of poor performa...