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The Crypto Basic
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柴犬生态系统的匿名首席开发者 Shytoshi Kusama 将 SHIB 描述为一只小狗,暗示该代币仍有更大的增长空间。
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免责声明:含第三方意见,不构成财务建议,并且可能包含赞助内容。
详见《条款和条件》。
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#Bone (BONE), the governance token of Shiba Inu DEX ShibaSwap, witnesses a massive surge nearing $0.50. Will this drive the uptrend to $1? As the crypto market recovers, the market capitalization of the meme coin segment has reached $58 billion. Amid the recovering meme coins, Shiba Inu and its closely related coins like Bone ShibaSwap are on a bullish roll. The SHIB token has surged nearly 14% in the past 24 hours, while the BONE token marks an intraday rise of more than 17%. Will this recovery run propel the BONE token price to the $1 mark? BONE Price Analysis The bullish recovery in BONE comes days after a core Shiba Inu team member, Lucie, highlighted the possibility of a massive comeback in the governance token. In a tweet, Lucie compared BONE to top altcoins like Cardano and XRP in their undervalued years, witnessing intense consolidation. In the weekly chart, the BONE token price has showcased a falling wedge pattern since early 2023. The short-term resurgence in the BONE token price marks a positive comeback within the wedge pattern. With a 61% surge last week, the BONE token price completed a morning star pattern. Furthermore, with a bullish reversal pattern near the support trend line, the uptrend continues with a 12% surge this week. Currently, BONE token trades at a market price of $0.4124, with an intraday recovery of nearly 10%. Supporting the chances of a bullish comeback, the MACD and signal lines are on the verge of marking a bullish crossover. This will increase the possibility of a breakout rally in the BONE token. However, the 7-day high at $0.4778 marks a bullish failure to sustain dominance above the 50-week EMA line. Thus, the average line acts as a critical resistance close to the overhead resistance trend line. The dynamic resistance at $0.47, close to the $0.50 psychological mark, reveals a strong supply zone. #cryptonewstoday
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#Ripple CTO David Schwartz downplays the significance of the SEC lifting the permanent injunction on the company’s XRP sales to institutional clients. The agreement’s terms relating to Ripple’s decision to dismiss its cross-appeal against the SEC have elicited discussions among XRP enthusiasts. As reported earlier, Ripple agreed to drop the case for a reduced fine of $50 million instead of the original $125 million order. The agreement also requires the SEC to ask the court to lift the permanent injunction imposed on the company’s XRP sales to institutions. In the meantime, the agreement still requires SEC commissioners’ votes and the court’s approval to become official. Speculation Regarding Injunction Lifting Nonetheless, the development has triggered speculation, with some crypto enthusiasts suggesting that Ripple will be allowed to sell XRP to institutions when the SEC lifts the permanent injunction. Specifically, popular XRP community figure WrathofKhaneman speculated that the move would eliminate Ripple’s institutional XRP sales restrictions. However, the user believes Ripple must conform to federal securities laws to sell XRP directly to hedge funds and private equity firms instead of going through the OTC desk first. Ripple CTO Reacts Reacting, Schwartz downplayed the significance of lifting the injunction, noting that its dismissal does not change the company’s legal obligations. According to him, Ripple must obey the law, including those outlined in Judge Analisa Torres’ ruling, irrespective of whether the injunction still exists He characterized the potential lifting of the injunction as one element within a series of changes the current SEC leadership has introduced that could have a ‘massive net effect.’’ It is common knowledge that the current SEC leadership has been rolling out significant changes within the crypto market. This includes changing its enforcement-driven approach and taking steps to establish clear rules for the industry. #CryptoNewsFlash
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Former U.S. Senate Candidate John Deaton expresses frustration over Linqto’s lack of response to customers, hinting at a potential class action by XRP holders against the company. In a recent X post, Attorney Deaton said he had received several messages from Linqto customers complaining about the company’s persistent lack of communication. Consequently, Attorney Deaton scheduled a Zoom meeting for tomorrow, March 27, at 6 p.m. (EST). He plans to clarify what might be happening behind the scenes at Linqto and strategize for further action. In the meantime, he asked Linqto users to contact him or his office for a link to the Zoom meeting. Potential Lawsuit? Notably, Attorney Deaton suggested he might join other Linqto users to initiate a class action against the investment firm. He said most Linqto users were XRP community members who joined the class action against the U.S. SEC in the Ripple lawsuit and provided vital affidavits. The former Senate candidate emphasized that they ‘fought together once before [in the Ripple case] and will fight together again’ to tackle the Linqto challenge. This suggests that Attorney Deaton might urge Linqto users to prepare for a potential class action against the investment company. #CryptoNewsCommunity
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