👉👉👉 Russian #CryptoMining Sector Could Grow ‘by 20-40%’ in 2024 – Report
Russian Crypto Mining Industry Set for Major Growth in 2024.

The Russian crypto mining industry is projected to grow by "20% to 40%" in 2024, according to BitRiver, the nation's largest crypto mining firm. This growth is fueled by low electricity costs and minimal regulatory oversight.

Key Growth Factors
1. Economic Advantages: Russia's low electricity costs and favorable climatic conditions, especially in Siberia, reduce operational expenses.

2. Regulatory Environment: Minimal regulation and the absence of strict controls provide a conducive environment for mining operations.

Industry Highlights
- #whale 🐳🐳🐳 Activity: The industrial crypto mining market doubled in 2023, with Russian miners extracting approximately 54,000 BTC last year.

- #Bitcoin Dominance: Around 95% of Russian mining resources are dedicated to Bitcoin, though some efforts focus on #altcoins like Litecoin and Kaspa.

Regulatory Landscape
- Current Status: Crypto mining lacks formal legal status in Russia, with some legislative proposals suggesting restrictions or fines for home miners.

- Existing Laws: The "On Digital Financial Assets" law recognizes cryptocurrency as property, though it's criticized for lacking depth.

Outlook
Experts are optimistic about the industry's future, citing economic benefits and a favorable regulatory environment. Russia's crypto mining sector is well-positioned for substantial growth in 2024, reinforcing its status as a key player in global crypto mining.

Source - cryptonews.com
#BinanceSquareTalks

Shiba Inu pricing signals buy, 25% surge anticipated.

Shiba Inu pricing broke a two-month consolidation, signaling a shift.
Investors should anticipate SHIB to rise 25% to $0.0000315 resistance.
A daily candlestick closing below $0.0000210 will invalidate the bullish premise.

Shiba Inu (SHIB) price has swung bullish with the crypto market and broken significant barriers, suggesting a rise. Before the meme currency soars, investors may buy SHIB.

Lower lows and lower highs have followed the Shiba Inu price's March 5 local peak of $0.0000457. A trend line linking these swing points reveals a decreasing trend line that was broken on May 20. Buyer pressure increased with this daily candlestick closure above the descending trend line and horizontal support level of $0.0000253.

SHIB should create a base above $0.0000253 and launch a 25% rebound rally to $0.0000315 resistance. The dog-based meme currency may retest $0.0000355, the middle of the $0.0000253 to $0.0000457 range, in a bullish scenario.

Bullish momentum is shown by the Relative Strength Index (RSI) flipping the 50 mean level into a support floor. The Awesome Oscillator (AO) also rebounded above zero mean.

With bullish momentum rising and SHIB passing technical levels, a breakout rally is imminent.
The last two months' consolidation was an excellent accumulation zone, according to Santiment's Whale Transaction Count indicator.

After a fall or consolidation, this on-chain statistic may indicate investor accumulation. Instead, if this index surges following a gain, these investors may sell.
The Whale Transaction Count indicator spiked amid falls from April 12 to May 21, indicating institutional investor accumulation. This supports the technical bullish argument.

Shiba Inu pricing is positive, but investors should beware about a crypto market drop. If SHIB has a daily candlestick close below $0.0000210 due to selling pressure, it would undermine the bullish argument.

SHIB might fall 20% to $0.0000168, the next critical support level.
#SHIB $SHIB #buythedip #altcoins

🐸🔥$PEPE Will Reach 0.01 USD By The End Of May?

It will be very difficult for Pepe Coin to reach 1 Cent as it is unlikely to reach a Market Cap of 4.2 Trillion (Higher than Apple today). In terms of investment quality, growth requirements and time criteria, Pepe has little chance of reaching 1 Cent.

🐸💹 PEPE Coin Price Prediction
Pepecoin price guidance for 2024 is predicted to range between $0.00002 and $0.00003, reflecting overall bullish sentiment despite expected short-term fluctuations. These forecasts highlight the growth potential of PEPE prices and its resilience to evolving market dynamics.

Therefore, the future of Pepe Coin remains uncertain, with both growth potential and challenges. Our price prediction analysis shows that in a bull market scenario, Pepe Coin price may reach new highs, while in a bear market scenario, it may encounter resistance.
$PEPE

How Much Would $100 Get You if Shiba Inu Hits $0.001?

As most market watchers and analytical resources have affirmed, it is possible for Shiba Inu to hit the $0.001 price level. However, they have advised caution as the price target is not guaranteed. Shiba Inu would require a 3,835% rally to hit $0.001.

While such a rally is entirely possible for the asset, it remains likely given current market conditions of bull market. The Shiba Inu community has welcomed the emergence of several projects, including Shibacals and Shibarium, which aim to provide utility.

Notably, a more realistic price target for Shiba Inu is its all-time high of $0.00008845 attained in October 2021. Having hit the price target in the past, market watchers believe SHIB has a better chance at reclaiming $0.00008845 than hitting $0.001.

However, if SHIB reclaims its ATH, a $100 investment would yield $348
At current price of $0.00002541,$100 will give you 3,935,458 If SHIBA INU hits $0.0001, $100 will be $3,935

Thank you guys for reading, remember to follow, like and share
$SHIB $ETH $PEPE

Hey! Everyone 🥳
Once upon a time, there was a grandmother named Rosa, who was not your typical grandmother. She was a hacker! Yes, that's right, Grandma Rosa didn't knit socks or bake pies; she sat at her computer, deftly tapping away at the keyboard like some IT genius. She knew all the latest technology trends and was always up-to-date on cryptocurrency.🥰

One day in January, Grandma Rosa came up to me with a serious expression on her face and said,👏

"Listen, grandson, press the $NOT button and mine coins. It's the gold of the 21st century!"🤟

Of course, I laughed, thinking Grandma had mixed something up or that this was some new kind of joke. Just imagine, a grandma with glasses perched on the tip of her nose, a knitted shawl, and a mouse in her hand, telling me about some crypto coins! I decided not to listen to her and continued playing my games.🎉

A few months later, I saw on the news how everyone was talking about a new cryptocurrency that had become incredibly popular and valuable. The news anchor said that those who started pressing the $Not button in January were now rolling in money. I grabbed my head and remembered Grandma Rosa's words.🛩️

The next day, I went to see Grandma and found her sitting in a rocking chair, all content, adorned with gold chains and jewelry.💐🤗

"Grandma, how did you know?!" I asked her.
"Oh, grandson, experience and intuition. And don't forget, I've been on the internet since you were still in diapers!" she smiled.🥇🥰

Since then, I always listen to Grandma Rosa. If she tells me to press some button or follow a new trend, I do it without hesitation. Who knows what other treasures she'll reveal to me???👏

$Agıx📢Important Developments:
🧙‍♂️Zilliqa (#ZIL ) network upgrade will take place on Monday, May 20th.

🧙‍♂️On Monday, May 20, IRISNet (#IRIS ) will release Mainnet 3.0.

🧙‍♂️On Monday, May 20, Moonbeam (#GLMR ) will launch Moonrise.

🧙‍♂️US Treasury Secretary Jannet Yellen will give a speech on Tuesday, May 21 at 11:00.

🧙‍♂️On Tuesday, May 21, Chiliz (#CHZ ) will perform the Dragon8 hard fork.

🧙‍♂️Fed FOMC minutes will be published on Wednesday, May 22 at 21:00.

🧙‍♂️US Unemployment Benefit Applications will be announced on Thursday, May 23 at 15:30.
Expected: 221K •Previous: 222K

🧙‍♂️The SEC is expected to make a decision on Ethereum ETFs on Thursday, May 23.

🧙‍♂️On Friday, May 24, #ASI token, a combination of #FET, #OCEAN and #AGIX tokens, will be launched.
$AGIX $CHZ $FET

$PEPE
Many laughed when I said that $PEPE would reach where it is now, others laughed when I said that the currency could reach $0.01.

Now they are laughing because I believe the coin could reach $0.05. It will take time, but it will arrive. pepe needs to burn some tokens and the fame of the currency must also be taken into account, its rapid growth is due to fame.

Before the currency grew it was little talked about, now everyone is seeing the currency that has no fundamentals as a way to become a millionaire overnight, but don't be fooled because that won't happen.

$PEPE Just like $DOGE will grow, but it will take at least 3 to 4 years and it will reach the total margin of 0.05 as there is a manda effect leading buyers to euphoria.#altcoins

Half Trillion Shiba Inu (SHIB) in 24 Hours: Is Shiba Inu (SHIB) Hiding Something?

Shiba Inu saw another surge of activity in
the market over the last 24 hours. Various
entities, including whales and exchanges,
have been actively moving their SHIB
holdings, pushing the number of whale-tier
transactions up. Here's a breakdown of
these transactions and the potential
reasons behind them.

Recent data highlights significant movement within the Shiba Inu ecosystem. For instance, a Robinhood hot wallet transferred 45.01 billion SHIB (valued at approximately $1.13 million) to another Robinhood wallet. Additionally, a Symbolic Capital Partners MEV Bot executed multiple transactions, each involving around 50 billion SHIB, with values ranging from $1.23 million to $1.26 million per transaction. Uniswap also saw notable volume, with transactions like 50.8 billion SHIB ($1.26 million) and 50.4 billion SHIB ($1.23 million) being recorded.

This heightened activity correlates with the on-chain data, revealing that in the last 24 hours, there were 86 large transactions, totaling approximately 1.14 trillion SHIB.
This surge marks a significant increase from the seven-day low of 14 transactions and the seven-day high of 378 transactions. Similarly, the volume of these large transactions reached 1.14 trillion SHIB in the past 24 hours, compared to the seven-day high of 9.6 trillion SHIB and the seven-day low of 415.2 billion SHIB.

SHIB has been trading within a symmetrical triangle pattern, suggesting indecision in the market. The recent uptick in whale transactions and large transfer volumes may indicate an impending breakout or a significant price movement. However, SHIB's price has been relatively stable, fluctuating around the $0.00002450 mark, with resistance at $0.000025 and support at $0.00002234.

Considering the lack of volatility on the Shiba Inu market, the most likely reason behind those transfers is whales and institutional investors repositioning their portfolios, or exchanges might be preparing for upcoming market events.
#MemeWatch2024

👩‍🔬 This cycle IS different (conclusion)
This cycle will be a nightmare compared to previous ones. I don't even know why I use future tense, as the bull cycle is already here - probably because it doesn't feel this way. Maybe it never will.

The most solid play is buying #BTC and good old majors that actually are popular and will gather new funds: #ETH , #SOL , #DOGE and stuff. A lot of technically strong projects will never pump because of weak marketing / bad MM decisions / no top exchanges / whatever.

If we talk about memes, only hyped ones will pump. Even if a memecoin has a great idea in it and is very funny, it means nothing. Only memes with big supportive communities and viral hype will pump, regardless of listings, idea and other stuff.
In 2017 it was normal to 100x your portfolio. In 2021 almost everyone did at least 10x. Now most people will get nothing. This time is different.

Improvise. Adapt. Overcome.
$BTC $ETH $DOGE

Ethena's 2024 Roadmap - $ENA has a few notable points:

🔸 Integrate $USDe as primary collateral on DeFi and CeFi platforms

🔸 Build an optimal 'unified money layer' chain for financial activities with $USDe as the common currency

🔸 Become a liquidity aggregation protocol on exchanges as well as support for DEXs on the Ethena network

That drawing is evil but what is $ENA used for???

If the token has no usecase and is currently only used to farm more airdrops, then after the airdrop is completed, $ENA will be shrouded...

In the other case, $USDe becomes a ponzi stablecoin on par with $DAI and $ENA becomes a governance token (voting $USDe's interest rate decisions, for example).

Or $ENA should become a token like $LUNA, a form of religion

This man holds one percent of the total bitcoin in circulation and I’m not comfortable with it.

This simply means that in blockchain proof of stake, this man might be able to do and undo in the blockchain ecosystem
That’s not healthy for the entire crypto market, what do you think?

Then imagine if he’s known as the man with the most $btc
He will become too powerful, at a time, his opinion will move the market drastically, what do you think?
Thoughts please 🙏🏿

Certainly:

Shibarium speculates that if it burns 100 tons of SHIB annually, the price of Shiba Inu could potentially reach $0.005 and even $0.025. However, Shiba Inu's attempt to replicate its staggering rise in 2021 faced a significant hurdle in the form of circulating supply.

SHIB managed to regulate its price trajectory from 2020 to 2021 through a combination of increasing demand and bullish market momentum. Yet, a crucial factor enabling this surge was its low market cap, which stood at just $11,359 in January 2021 according to CoinGecko. This modest market cap signaled growth potential for SHIB, ultimately soaring to $36 billion by October 2021.

However, surpassing its all-time high of $0.00008 presents a formidable challenge for further upward swings in this valuation. Consequently, reducing circulating supply and creating room for additional growth are necessary for Shiba Inu to experience a similar price surge.
#Shibalnu #ShibaArmy #CryptoWatchMay2024 #tbttoken

In a surprising twist of events 🔄, the hacker who swiped a whopping $68 million through a sneaky technique called “address poisoning” 🕵️‍♂️💻, reached out to the victim. In a gesture of partial remorse, the hacker sent back 51 ETH, which is about $153,800 💸, along with a note asking the victim to get in touch via Telegram 📲.

The digital paper trail 🧾 on Etherscan doesn’t lie; it shows the hacker’s message clear as day. “Please leave your Telegram, I will contact you,” the scammer penned not once, but twice, using the Input Data field of the Ethereum transaction as their notepad 📝.

This unexpected message popped up after the victim, on May 5, boldly asked for a big chunk of their money back. The 51 ETH is just a drop in the ocean 🌊, merely 4.2% of what they asked for.

The victim, standing at a crossroads, declared, “After this, there is no turning back.” They added a stark warning: “We both know that it is impossible to launder these funds. You will be traced.” 🔍

With a mix of hope and strategy, the victim offered the hacker a deal: keep 10% of the loot 💰 as a finder’s fee, but return the rest by May 6. The clock is ticking… ⏳
#CryptoNews #HackerAlert #Hack

Pepe (PEPE) price prediction
(note: the post contains data by CoinEdition)
As of writing, the price of PEPE was $0.0000083. This value was a 4.90% increase in the last 24 hours. Within the same period, the trading volume increased by 25% and hit $765.90 million.

At the time of writing, volatility around PEPE had begun to increase. This was shown by the Bollinger Bands (BB). An increase in volatility might give way to a price increase. 
Furthermore, none of the bands tapped PEPE’s price, indicating that the token was neither overbought nor oversold. In a highly bullish case, the price of PEPE might extend to $0.0000087. However, if profit-taking takes place, PEPE might fall to $0.0000076.

On the daily timeframe, 50 EMA (blue) had crossed over the 200 EMA (yellow). This is termed a golden cross and it is a bullish signal. This crossover happened when PEPE was $0.0000011, indicating that the long-term outlook for the token is a bullish one.

Furthermore, this structure also implies that PEPE’s price might not slide below the $0.0000010 region in the long term. Thus, in 2024, PEPE is expected to surpass its all-time high, and a rally to $0.000017 could be the target.

If PEPE drops below this point, it could plunge to $0.0000067.On the other hand, a bounce before it reaches the resistance may pave the way for a jump to $0.000010.
#altcoins #Memecoins #BinanceLaunchpool #CryptoWatchMay2024 #pepe
$PEPE

My grandma just longed $BTC at $61k
with all of her pension fund money.

She said shit all these Banks, Bitcoin
is the future & $200k is coming before
the end of 2024.

She also said Trump is coming, Rate
cuts are coming, Fed injecting liquidity,
so we will print hard. LFG 🔥😂
If you buy dip at -50% then it pump to 100% you take 50% out and 50% start making up for you what do you thinking you making up 🆙

Hold your bags 💼
Never 👎 sell at lost
The rules is to buy Red 🎈
Sell Green ✅
#Bullish on Me 😂
#trending #BinanceLaunchpool #BlackRock

🫨💥Shiba Inu: If 50 Trillion SHIBs Are Burned Every Year, Could SHIB Reach $0.1?

#ShibaInu (#SHIB ) is one of the most popular cryptocurrencies on the market. The asset turned many early investors into multimillionaires. Since its launch in August 2020, the price of SHIB has increased by millions of percent. However, the popular dog-themed cryptocurrency has had a difficult time gaining momentum after its peak in 2021.

One of the main obstacles to the price of SHIB is the large supply. There are about 589 trillion SHIB tokens in circulation. If the price of the asset rises too much, the market value of the project becomes too large to be realistic. Therefore, the project needs to reduce its supply in order to be able to target higher prices.

Despite the fact that Shiba Inu (SHIB) is a burning portal, it does not burn as many tokens as necessary to achieve higher prices. However, 2 of the SHIB. with the launch of the layer network Shibarium, there is a lot of talk about the increase of burns.

Shiba Inu: What Happens If 50 Trillion SHIB Tokens Are Burned Every Year?

If Shiba Inu (SHIB) burns 50 trillion tokens a year, it can eliminate 90% of the tokens in circulation in a few years. The asset will have about 49 trillion tokens in circulation on the market. This can only help SHIB to reach a price point of about US$0.0001 to US$0.0003 Dec.

In addition, SHIB's chief developer Shytoshi Kusama said that the burns alone will not raise the price of the asset. The asset also requires an increase in demand. Low supply and high demand are the trick to raising prices.

However, although this task is difficult, it is not impossible. Shiba Inu (SHIB) has come a long way in its two and a half year history. It's a young project that still has a lot of room to grow. On the other hand, SHIB's competitor Dogecoin (DOGE) has been on the market for more than a decade.
#memecoins #binance

Starting at 3.89 $SOL ($600), the insider turned it to 999 SOL ($153.56K) in just 15 hours and has $2.5M in unrealized profits.

He withdrew 3.89 SOL ($600) from #Binance and spent 2.89 SOL ($445) to buy 2.46B (Minette) at the same block where the developer added liquidity.

Then sold 1.04B (Minette) for 998.7 $SOL ($153K), with 1.42B (Minette) left, worth $2.5M.

::on-chain insights:: 

💥Whale decided to sell all his $ETH !

▪1h ago whale 0x7a3 deposited 2.913K WBETH ($9.20M) from his multisig wallet to #Binance
▪ While selling $9.2M won't impact heavily on the price of ETH, it shows view on the market of this particular whale.

▪ If other whales will continue this trend of selling all their ETH holdings - it might be a pretty bad signal not only for the ETH , but for the crypto market overall
$PEPE $BOME

Scam Update 🚨🚨🚨🚨

AHHHHHHHHHHHHHHHH
Guess what ?
Yesterday a football club had their match, before the game started a group of crypto influencers and developers came together and created a token named after the football club.

The first picture shows the token at a market cap of $226,000 and the third picture which was gotten a few minutes before this post went live shows the same token at a market cap of $61,000.

This is the era we find ourselves in unfortunately for us,90% of crypto influencers and traders are bunch of scammers, yes, cheap scammers
They don’t know how to trade ✅
They don’t have an in-depth understanding of the blockchain ✅

They don’t know anything!
The way they make their money is by creating tokens, shilling it to their followers/community and at the end dumping it on their followers/community
Yesterday some crypto influencers on X where seen posting screenshots of the token below and urging their followers to buy into it, now the token is down, and it will keep dumping, the only thing that can make it pump is if the club has a match and they win and even if that happens, they would still be a massive dump that would follow, this can’t be escaped
A lot of scams are going on in this crypto space

You need to do well to protect your capital
Do not buy into any random project you see on the internet
What do you think would be the fate of this project in the next few weeks ?
What would happen to people who bought at over $220,000 market cap ?
How would they feel ?
It is not yet up to 24 hours
We hope you learn something from this today and if you do, please do well to like, share and follow to get notified when we drop
#Memecoins

Six years ago, when #Bitcoin reached the $9,000 mark, Bill Gates made a notable statement expressing his skepticism towards the cryptocurrency. He remarked that he believed Bitcoin was a technology primarily utilized by fools and stated that if he had the ability, he would short it, indicating his lack of confidence in its long-term viability.
$BTC