Elon Musk's Tweet Raises Questions from XRP and SHIB Armies
Innovative tech billionaire Elon Musk’s recent tweet has caught the attention of XRP and SHIB users as they supported his new upcoming X app update
Tech tycoon Elon Musk, owner of the popular social media platform X (formerly referred to as Twitter) has shown the community “Early version of video & audio calling on 𝕏”. Doing this, he quoted a tweet of user calling himself “Dogecoin designer”, who posted the step-by-step guidance of how to conduct audia and video calls on the X app.

Multiple X accounts responded to that tweet of Musk and among them were several major SHIB and XRP-themed accounts.

The official marketing expert of the Shiba Inu team, who calls herself Lucie, posted an animated GIF featuring a SHIB dog using a banana as a telephone and saying: “Bring ring ring ring ring”.

Major XRP-themed account @XRPcryptowolf asked a question that he has been trying to get Musk to answer recently: “When is X accepting XRP payments?” This X user has many times likened the logo of the X app to that of XRP, thus justifying the potential (albeit unrealistic, it seems, since Musk prefers Dogecoin) prospect of X adopting this cryptocurrency for internal payment. Overall, the community expressed enthusiasm regarding the novelties that Musk plans to introduce on the X app soon, thus expanding its utility and making a step closer to the ultimate “Everything app”, which he wants to turn X into in the near future.

#BTC #xrp #SHIB #pol #sbf

Finish work at 12 o'clock tonight, everyone should buy ETH today The long orders are all profitable, pay attention to sharks and don't get lost, I will take you from 1000 to 10 million, you only need to do 50 orders right
#ETH #Airdrop #BTC #luna #JUP

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.#ContentStar# #比特币# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator#
#BinanceTournament #BTC #Airdrop #ETH #luna

ETH Fang, today's unilateral rise is pulling wildly, the price is approaching step by step, and the short-term strong continuation is very strong. At present, the short-term support has moved up to the 2200 level, and the rush higher is accompanied by a retracement, and as long as the price holds this position, it will maintain a strong bullish pattern.
The market outlook does not rule out continuing to pull upward, and the short-term retracement will continue to be long, and the market outlook will continue to be 2230/20, with a target of 2280-2300;#比特币# #以太坊#
@Binance Announcement @User11111
#BinanceTournament #ORDI #BTC

Dogecoin TD Sequential Now Shows Buy Signal, with Potential 1,500% Surge to $1.5
Dogecoin is poised for a massive surge as technical analysis suggests it could hit $1.54 in 2024.
Dogecoin (DOGE), the widely recognized meme crypto project with a valuation nearing $10 billion, has been on bearish trends for weeks. According to CoinMarketCap, Dogecoin barely saw a 2% gain in the past 24 hours, while its seven-day performance is over 8.5%
Also, DOGE’s price has hovered around $0.066 over the past four months without engineering staggering gains. Notably, in the last 24 hours, Dogecoin saw an 11.76% surge from the previous day’s value.

Meanwhile, in a recent tweet, crypto market analyst Ali Martinez disclosed that Dogecoin is about bidding goodbye to the long-standing bearish trend based on patterns formed on its chart. Martinez believes the meme coin is headed toward a growth rate exceeding 1,500%.
Dogecoin Ready for over 1,500% Surge

Martinez rooted his optimistic Dogecoin forecast in insights drawn from a technical analysis of Dogecoin’s weekly timeframes. Specifically, the analyst observed that a triangular configuration had taken shape, with the present DOGE position forming the base, foreshadowing an imminent upward trajectory as the anticipated next move.
Furthermore, Martinez’s conviction regarding the Dogecoin buy signal was underpinned by the affirmation provided by the technical indicator known as TD Sequential. For context, the indicator is a favored instrument among experts for discerning indications of a trend’s exhaustion, signifying an impending reversal. 

Significantly, the chart from Martinez’s post offers a glimpse into Dogecoin’s impending upward path, extending for a minimum of the next ten months from the current point. It suggested that by 2024, the token could break above $1 for the first time.
The chart notably indicated DOGE could trade at $1.544811 before slightly regressing below. With DOGE’s price currently at $0.06942, it implies the meme coin is poised to an increase exceeding 1,500% in the coming months.
#BTC #tia

Bitcoin (BTC) Remains Strongest Asset for Institutions: MicroStrategy's Michael Saylor Shows
A recent data sheet provided by Michael Saylor, a renowned advocate for Bitcoin and the CEO of MicroStrategy, further underscores the dominance of digital gold over other assets.

A meticulous glance at the asset class total returns sheet, spanning from 2011 to 2023, showcases Bitcoin's exceptional performance. In almost every year since 2011, Bitcoin has outperformed other traditional investment vehicles. While there have been moments of volatility and dips in the crypto market, BTC has showcased resilience and an upward trajectory that no other asset class can parallel.

Its cumulative return from 2011-2023 is a jaw-dropping 1,120,785%, with an annualized return of 147.5%. These numbers are staggering, especially when compared to other asset classes like the U.S. Nasdaq 100 or U.S. Large Caps, which, though solid performers, lag significantly behind Bitcoin's return rate.

Another insightful dimension to this conversation is MicroStrategy's Bitcoin portfolio. From the provided tracker, it is evident that MicroStrategy, under Saylor's leadership, has been bullish on Bitcoin. The firm's current holdings stand at an impressive 158,245 BTC, valued at approximately $5.43 billion. Their portfolio indicates strategic purchases, capitalizing on Bitcoin's dips, and subsequently leveraging its surges. Such a sizable investment from a major institution serves as testament to the increasing faith in Bitcoin's long-term potential and its role as a store of value. The data also depicts MicroStrategy's approach to Bitcoin as one of consistent accumulation. The green purchase markers on the graph illustrate a pattern of buying the dips, signifying a long-term bullish stance on the cryptocurrency. This conviction in Bitcoin is further reflected in the company's total dollar cost average and the present market price of Bitcoin, indicating healthy returns on their investments.

#BTC #Meme #etf #gbtc #gbtc

Shiba Inu Lead Kusama Teases Significant Changes

Shiba Inu community is abuzz with anticipation as its developers set stage for imminent release of 'unique SHIB identity'
Shiba Inu developers have ignited a countdown for the unveiling of a "unique SHIB identity." The official Shiba Inu X handle, @Shibtoken, sparked enthusiasm among the SHIB army by hinting at a "seismic shift" in the blockchain world that is set to materialize in just 72 hours from the moment the post went live. The video attached by the account starts with the Shiba Inu logo against a concrete or rough-textured wall with various graffiti-style writings on it. The writings include phrases like "SHIB NEWS," "WOOF!," "NEW SHIB PROJECT" and a URL "visitshib.io." The overall aesthetic feels edgy or underground

The video, which is paired with Halloween-style music, evokes a sense of mystery with a caption that reads "A NEW ERA IS COMING SOON."

Network state? Shytoshi Kusama, the influential figure behind the Shiba Inu (SHIB) cryptocurrency, shared an evocative post that hints at upcoming developments with the potential to position SHIB as a foundational element in a harmonious global landscape. Kusama's message to the community emphasized his vision of a "peaceful world with #SHIB as the foundation" and a network state. In post on X, developer Kaal Dhairya stressed that it is going to be the initial step toward a self-custodial identity.

Shiba Inu's identity solution In August, SHIB developers announced their plan to introduce digital identity services across all SHIB platform applications, marking a significant milestone in its evolution.

By integrating a self-sovereign identity (SSI) into their ecosystem, they aim to allow users to exercise complete control over their digital identities without dependence on third-party intermediaries. This new identity protocol will also find its place in SHIB's Layer-2 network called Shibarium. Kusama emphasized the seamless integration of the digital identity into the "Shib Super App,"
#SHIB #Meme #etf #gbtc

Bitcoin (BTC) Price Rally to End With a Spot Bitcoin ETF Approval: Peter Schiff

Gold and foreign equities investor Peter Schiff is bearish all things crypto. Bitcoin’s rise on spot Bitcoin ETF expectations hasn’t changed his tune.

Bitcoin price surged in a breakout rally to briefly touch $35,000 this month. But Euro Pacific Capital’s founder and chief global strategist doesn’t think it will last.

This month saw the ever-widening buzz surrounding a hotly anticipated approval by the SEC of a spot Bitcoin ETF. The excitement has pushed blowout Bitcoin sales on crypto exchanges.

But leave it to “Dr. Doom” (as Peter Schiff was nicknamed by the CNBC crowd during the housing bubble) to balk at Bitcoin’s sudden change of fortunes.

Peter Schiff Isn’t Impressed with Bitcoin’s Rally

Schiff recently remarked that a final SEC approval will end Bitcoin’s spot ETF rally. The EuroPac chief says once BTC is actually approved for a spot ETF product, the rally will lose steam.

He also noted the possibility that cryptocurrency traders could begin to sell off and take profits before any forthcoming SEC approval. In an X post on the popular social media website formerly known as Twitter, Schiff wrote:

#Bitcoin is now trading at $35K as speculators bet on SEC approval of $GBTC converting into an ETF. Such a conversation will likely mark the top of the rally, if Bitcoin doesn’t sell off prior to approval. The selloff will be less severe if the ETF conversion is rejected again.”

Time will tell if he’s right. Bitcoin price went parabolic in the 48 hours after Schiff tweeted this.

It All Hinges on What the SEC Does Next

Interestingly, Schiff reasons that another rejection by the Securities and Exchange Commission would offer some support for the Bitcoin price in the short term.

#BTC #etf #Meme #gbtc #sbf

SHIB Team Member Reveals 'Most Crucial Element' for SHIB Holders

Member of Shiba Inu team says when full potential of BONE and LEASH tokens will be unleashed
Official social media marketing expert of the SHIB team, known as Lucie to the community, has published a tweet, in which she revealed what she believes to be "the most crucial element" for Shiba Inu holders and attempted to provide an answer to the "wen" question, which has been asked quite a lot over the past couple of years — about the launch of Shibarium and SHIB price surge.

Waiting, when investing in crypto, she emphasized, is very important and she cited head of the Binance exchange CZ: "If you can't hodl, you can't be rich."

Crystal SHIB ball" from Shiba Inu's Lucie: SHIB, BONE and LEASH In her long-read, Lucie admitted that she cannot predict the future or "determine the exact duration" of the SHIB journey to the moon. However, she reminded the SHIB army that "the Shiba Ecosystem team comprises a dedicated group of talented individuals, tirelessly working day in and day out to propel our assets and #Shibarium towards success."

Waiting, when investing in crypto, she emphasized, is very important and she cited head of the Binance exchange CZ: "If you can't hodl, you can't be rich."

Since the world of cryptocurrencies is pretty dynamic, Lucie wrote, coins may become successful at very different times. One day "tokens may soar by 100%, while others may dip by 30%." As another day passes, she said, another cryptocurrency may jump by 50%. Sometimes, Lucie stressed, coins can have extraordinary gains, like SHIB or BAD, as they surge by 500% within a day. "Crypto is not a straight line; it's a rollercoaster ride with ups and downs. Bears often bring the market down, but remember, they too eventually give way to bulls," Lucie added. "Navigating the world of crypto is like a complex dance, requiring consistency, responsible development, and momentum."
#SHIB #Meme #etf #gbtc #fomo

Pi Network Rolls Out an Update to Let Users Know Which Apps Are Verified by the Pi Core Team

Table of contents

Pi Network testnet now provides in-app updates about the latest ecosystem products

SocialFi & more on Pi Network testnet, but when will mainnet launch?

Algorithm predicts +124% price increase for PI within the next three months

Bottom line: Pi Network’s recent successes set to continue as more features are continually added to the testnet ecosystem

Key takeaways

Pi Network (PI) unveils another new update for its application ecosystem, providing deeper insights into the latest projects launching on the network

PI has been one of the best-performing digital assets over the past 3 months owing to continued ecosystem developments and major milestones

Algorithm predicts +124% surge for the PI token’s IOU price in the next 90 days and new all-time highs in the next year

Pi Network testnet now provides in-app updates about the latest ecosystem products

Pi Network (PI) has unveiled a new feature in its ecosystem dashboard that provides deeper insight into the latest projects launching on the chain. The update will signal which third party applications have been verified by Pi Network’s core team and which are still yet to receive verification.

The native PI token has yet to be released on the open market, but it has been made available on select exchanges through an IOU price. In the past 3 months, the IOU price for PI has surged +39% during a move that has taken the new digital asset to $34.69.

Right now, the only way to acquire PI tokens is by downloading the project’s mobile application. At its core, Pi is a mobile-first blockchain that provides users with a more accessible method of supporting the network infrastructure, as the mining system does not use excessive amounts of electricity and can be done cheaply on the user end.

#Meme #etf #gbtc #fomo #sbf

DOGE Founder Hints US Housing Market May Be Fragile

Dogecoin creator Billy Markus does not seem to believe in stability of US housing market these days

One of the two creators of the original meme coin DOGE, Billy Markus, has taken to the X app to publish a post about his plans to buy a house in the California state, where he lives.

However, he believes that the housing market could be fragile in the U.S. at the moment, or rather, Markus does not believe in his own luck should he purchase a house. In the X post, he wrote that if he ever decides to buy a house, "most likely the housing market crash will come minutes later." Still, Markus states that prices for houses in California are quite high as they stand at roughly $2 million for a house under 1,500 square feet.
According to data from Forbes, the average 30-year mortgage rate in the U.S. has risen for the seventh consecutive week and reached 7.79% this week. "Given current rate conditions, it's no wonder that year-over-year existing home sales sagged for the third consecutive month, slipping by 0.7%, with all four major U.S. regions posting declines, according to the National Association of Realtors (NAR)."

At the start of the year, Markus admitted that he and the second co-founder of DOGE, Jackson Palmer, made "next to nothing" on Dogecoin as they only made this meme cryptocurrency as a parody of Bitcoin. But ironically, DOGE became popular. As for the meme coins that were made later on, Billy Markus stated without naming any particular assets, they were created with a goal to make money for the developers from gamblers.

#xrp #Meme #etf #gbtc #fomo

Shiba Inu (SHIB) Suffers 841% Outflow Spike, Here's Explanation

Shiba Inu price rose to two-month high during this week's market bullish run

According to IntoTheBlock data, Shiba Inu witnessed an 841% spike in outflows during the week. Large Holders Outflow from IntoTheBlock tracks funds leaving addresses belonging to whales or large holders and can be useful to spot moments of panic. Spikes in outflows can indicate one of two things: selling from whale addresses or withdrawals from exchanges. Large holders may be tempted to sell assets during periods of high volatility to avoid liquidation. However, because exchanges are some of the largest holders, large outflows can often be funds leaving the exchange.

Shiba Inu (SHIB) Breaks New Record With Price Soaring to New Heights The true picture can be observed by using the NetFlow indicator, which measures the net change in whale holdings. Shiba Inu has had a negative 96.69% reduction in large-holder netflows in the last seven days. Drops in large-holder netflows are frequently indicative of reduced positions or selling. Here is likely explanation The Shiba Inu price rose to a two-month high of $0.00000825 on Oct. 26 as the market embarked on a bullish run. Related Shiba Inu (SHIB) Breaks New Record With Price Soaring to New Heights Shiba Inu had some profit-taking after this high was struck, with prices falling to $0.00000757 on Oct. 27. The drop in the Shiba Inu price coincided with a surge in outflows from large holders, which reached 715.13 billion SHIB on Oct. 26. This suggested that large Shiba Inu holders or whales took profit after the most recent bull-driven rally. Given Shiba Inu's recovery following the decline, large holder outflows have dropped significantly in the past day to 274.37 billion SHIB. SHIB was recouping its losses at the time of writing, marginally up 0.63% in the last 24 hours to $0.00000781, according to CoinMarketCap data.
#SHIB #Meme #etf #gbtc #fomo

Cryptocurrency Seizure Bill Successfully Passes In The UK

A cryptocurrency seizure bill to combat economic crime in the UK is in the pipeline, in a resounding move towards tackling a wide range of illicit activities. UK lawmakers have now given their approval to the Economic Crime and Corporate Transparency Bill. 

This legislation, while encompassing a spectrum of illegal acts including drug trafficking, cybercrime, and terrorism, has ignited significant anticipation in the fight against digital financial crimes. Notably, the bill’s focus lies on the regulation of illicit cryptocurrency assets, representing a pivotal step in the ongoing battle against the misuse of cryptocurrencies for criminal purposes.

The newly approved Economic Crime and Corporate Transparency Bill is intrinsically tied to the Proceeds of Crime Act 2002, a piece of legislation that lays the groundwork for the recovery of criminal assets, with criminal confiscation serving as the most frequently utilized authority. This connection underscores the UK’s long-standing commitment to combatting economic crime and ensuring that the fruits of criminal activities are systematically confiscated.
Tightening The Cryptocurrency Regulatory Belt

The passage of this legislation is just the latest in a series of measures taken by the UK to regulate the cryptocurrency landscape. In recent times, the UK’s Financial Conduct Authority (FCA) has played a pivotal role in reshaping the crypto industry within the nation. Earlier this month, the FCA officially enforced new rules governing cryptocurrency advertisements, signaling a stricter and more controlled environment for crypto-related marketing.

However, the FCA’s involvement hasn’t stopped at rulemaking alone. In a bid to ensure compliance with the new regulations, the authority has issued over 220 warnings to cryptocurrency companies, underlining their commitment to upholding the integrity of the market. #BTC #Meme #fomo #etf #gbtc

We Asked ChatGPT if Bitcoin (BTC) Price Will Reach $1 Million in 2024

TL;DR

Bitcoin’s Recent Surge: A 15% price increase over a week, linked to a Bitcoin ETF ticker by BlackRock appearing on a key website, boosting market sentiment.

Spot Bitcoin ETF Significance: It is seen as a potential catalyst for a bull run.

ChatGPT’s Outlook: For a $1 million Bitcoin price by 2024, multiple factors, especially the 2024 Bitcoin halving, could drive such growth.

Bitcoin’s price has been the subject of massive debates throughout the years, especially when the cryptocurrency seems to be on the cusp of another bull market.

Throughout the past seven days, BTC is up by around 15%, sparking hopes that a new raging bull run is on the horizon.

The reason for this sudden surge is the fact that a spot Bitcoin ETF ticker of BlackRock appeared on the website of the Depository Trust and Clearing Corporation earlier this week.

While this doesn’t mean anything in terms of increasing the chances of approval on behalf of the United States Securities and Exchange Commission, it elevated spirits and market sentiment. An approval of a spot Bitcoin ETF by the SEC has always been one of the major catalysts that many analysts and experts have touted for a new bull run, each of them giving various BTC price predictions.

BTC Price to $1 Million: Possible?

An increase to $1 million would suggest that BTC’s price adds another 2840%. That’s a lot.

When asked about it, ChatGPT says that there are multiple factors that could contribute to an increase of this kind in the next year. Market sentiment, for once, is a major consideration:

Investor sentiment can have a significant impact on the price of Bitcoin. Positive news, regulatory developments, and institutional interest can drive prices up, while negative news or market fear can push prices down.

Others include:

Adoption and Use Cases

Regulation

Technological Developments

Market Liquidity

Macroeconomic factors

#BTC #BNB #Meme #etf #gbtc

Expert Sets $0.66, $1.88, $5.85 as Next XRP Targets
XRP’s recent rally above $0.5 prompts anticipation of a potential 210.64% surge, with key support at $0.52 and $0.46.

XRP recently engineered a significant rally to break a two-month high, trading above $0.56. The asset’s cumulative one-week performance stands substantially above 16%. Amid XRP’s praiseworthy gains in recent weeks, analysts have projected potential new targets for the coin based on patterns formed on the XRP chart.

In a recent tweet, renowned XRP analyst Dark Defender suggested XRP enthusiasts could witness a parabolic rise. According to the analyst, XRP’s path from the current $0.5547 is between two pivotal support and resistance points.

Specifically, Dark Defender identified $0.66 and $0.52 as the resistance and support levels for XRP. According to the analyst, “It won’t be a surprise to see $0.66 shortly.”

Next XRP Support and Resistance Targets

Meanwhile, Dark Defender highlighted other support and resistance points that lurk around the $0.66 and $0.52 targets. The prominent chartist first argued that things could get much worse if XRP loses strength to break below the $0.52 support. He projected a much lower support level at $0.46.

However, where XRP bulls gain the upper hand to push it above $0.66, which represents the analyst’s most optimistic scenario, he argued the asset would be breaking the much-coveted $1 mark.

In particular, Dark Defender noted that XRP would have the next resistance at $1.88. Interestingly, he projected a potential 210.64% increase from $1.88 should XRP bulls surmount the $1.88 resistance. In his view, XRP investors can expect the digital asset to trade near $6, with the next formidable point being $5.85.

Notably, Dark Defender reached these conclusions not based on whims or impulse. His tweet included an XRP market chart that captured the tokens’ weekly trajectory since 2021. It indicated that the candle stick patterns formed prior to the July high are reemerging.

#xrp #Meme #etf #gbtc #fomo

CryptoFinance: Cultures clash as bitcoin ETF turns rebellion into money

Plus, updates on Sam Bankman-Fried’s trial in New York

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Hello and welcome to the latest edition of the FT’s Cryptofinance newsletter.   “The Times 03/Jan/2009: Chancellor on brink of second bailout for banks.” In the early days of 2009, bitcoin’s pseudonymous creator Satoshi Nakamoto etched that headline into the first batch of bitcoin transactions ever processed.
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The message was a nod to bitcoin’s intended purpose, as laid down in the initial white paper: a form of electronic cash that offered people the chance to separate their financial lives from the control of powerful intermediaries such as banks, regulators or the government.  Crypto’s confident, scornful and punky start came to mind this week for some when bitcoin surged to roughly $35,000. It was a small but meaningful moment: all those losses sustained after the Terra stablecoin collapsed and sent a whole heap of trouble pulsing through the market were erased. But what triggered the gains was, well, nothing very much.
#Meme #etf #gbtc #fomo #sbf