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23/05/2024 The Most Important News & Narratives For Today! Today's Events: - $ETH VanEck ETF Deadline (est. 4pm ET) - US Initial Unemployment Numbers - $AMB AirCON 2024 start - $NTRN Network Upgrade - $MAPO Token Swap $MAP to mainnet $MAPO - $FIDA Unlock of 19.1% or $7.5M - $C98 Unlock of 2.57% or $4.89M News and Narratives: - US FIT21 bill passed House vote - $PYTH Price feeds added on Orange, AVAX subnet - $DYDX Integrated with $SWING - $LTC Continues to be the number one payment solution on BitPay by TXs - $ETH Multiple reports that SEC started engaging with S-1 filings, but there's still work to be done - $SCRT Announced a partnership with Metis L2 - $ILV Announced that beta testnet will launch in a week - $SKL Partnered with FIO Protocol to simplify blockchain usage - $IOTX Launched proposal aimed at deploying USDC.e to ioTube - $OP Conducted a successful bridge vulnerability withdrawal test with Base and SEAL - $TKO Announced airdrop ahead of June 6 mainnet - $FTM Passed first proposal for upcoming Sonic chain, 1:1 swap - $GALA Burned 1 billion tokens following exploit - $BTC Runes TXs plummet 84% since launch General News: - OpenSea Revealed "Get Based" series, free NFT drops on Base - Metamask Will integrate btc to its wallet - Base Announced 10th wave of Base Grants #bitcoin #BTC #Binance #SEC #CryptoNews

23/05/2024

The Most Important News & Narratives For Today!

Today's Events:

- $ETH VanEck ETF Deadline (est. 4pm ET)

- US Initial Unemployment Numbers

- $AMB AirCON 2024 start

- $NTRN Network Upgrade

- $MAPO Token Swap $MAP to mainnet $MAPO

- $FIDA Unlock of 19.1% or $7.5M

- $C98 Unlock of 2.57% or $4.89M

News and Narratives:

- US FIT21 bill passed House vote

- $PYTH Price feeds added on Orange, AVAX subnet

- $DYDX Integrated with $SWING

- $LTC Continues to be the number one payment solution on BitPay by TXs

- $ETH Multiple reports that SEC started engaging with S-1 filings, but there's still work to be done

- $SCRT Announced a partnership with Metis L2

- $ILV Announced that beta testnet will launch in a week

- $SKL Partnered with FIO Protocol to simplify blockchain usage

- $IOTX Launched proposal aimed at deploying USDC.e to ioTube

- $OP Conducted a successful bridge vulnerability withdrawal test with Base and SEAL

- $TKO Announced airdrop ahead of June 6 mainnet

- $FTM Passed first proposal for upcoming Sonic chain, 1:1 swap

- $GALA Burned 1 billion tokens following exploit

- $BTC Runes TXs plummet 84% since launch

General News:

- OpenSea Revealed "Get Based" series, free NFT drops on Base

- Metamask Will integrate btc to its wallet

- Base Announced 10th wave of Base Grants

#bitcoin #BTC #Binance #SEC #CryptoNews

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🔥 Wow, Shiba Inu (SHIB) is on fire! 💸 The token burn rate has skyrocketed by a whopping 863.58% in the last 24 hours, with a mind-blowing 107,081,056 SHIB tokens removed from circulation. That brings the total number of SHIB tokens burned over the past week to 368,456,226! 🤯 For those who don't know, token burning is like a deflationary mechanism that reduces the total supply, making the tokens more scarce and potentially driving up their value. And with Shiba Inu's massive supply, these significant burns can have a major impact on its market dynamics! 🌊 However, despite this incredible burn rate, SHIB's price has remained relatively low, reflecting the broader crypto market trends. It's currently trading at $0.00002176, with a modest 0.41% increase in the past 24 hours. But, trading volume has taken a hit, plummeting 56.62% to $340.81 million. 😔 From a technical perspective, SHIB looks mixed. Its Relative Strength Index (RSI) stands at 39.71, which means it's neither oversold nor overbought. The RSI is a momentum oscillator that measures the speed and change of price movements. 📈 On the bright side, SHIB's price remains above its 200-day Exponential Moving Average (EMA) and 200-day Simple Moving Average (SMA). These moving averages are widely watched indicators that help smooth out price action over a given period. Trading above these averages is typically seen as a bullish sign, suggesting that SHIB's long-term trend may still be positive despite recent price weakness. 🌈 What do you think? Is SHIB poised for a comeback? Let me know in the comments! 💬 #shiba⚡ #Shibalnu
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