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Showing posts from October, 2022

Shiba Inu, DOGE reacts to Elon's Halloween Tweet: What's ahead?

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With Halloween 2022 almost coming to end, Elon Musk—the current sole director of social media giant Twitter—tweeted a picture of a Shiba Inu dog and a pumpkin. Both the focal subjects in the frame had one thing in common—the Twitter logo. The former wore apparel featuring the blue ‘freed’ bird, while the latter depicted a luminescent version of the same. 😉 pic.twitter.com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 It is a known fact that Elon Musk is fond of cryptos like Dogecoin and Shiba Inu. In fact, he has already given himself the title of “DogeFather” in the past. As expected, the prices of tokens belonging to the meme basket started rallying right after the tweet was posted. Dogecoin’s reaction was outright. As illustrated below, the trend was quite monotonous on the minute chart. However, the same minute the tweet was out, DOGE registered an unconventionally long green candle. It continued risi...

Twitter slashes employee access to Content Enforcement Tools

Elon Musk ’s $44 billion Twitter acquisition has been making quite some noise. The speculations about Musk’s upcoming moves and his actual actions were the talk of the town. Amidst this, it was brought to light that Twitter had limited certain employees from accessing internal tools that were utilized for content moderation as well as policy enforcement. JUST IN: Twitter disables employee access to several internal content moderation and enforcement tools, Bloomberg reports. — Watcher.Guru (@WatcherGuru) November 1, 2022 This was done in light of cracking down on the staff’s capacity for governing false information ahead of the US election. It should be noted that during the most recent Brazilian presidential elections, only a select group of individuals had access to police Twitter’s rules. The majority of the staff members of the social media giant are currently prohibited from changing or suspending accounts that violate the rules. These ...

Shiba Inu Price Prediction as SHIB Sees $1 Billion Trading Volume Kick In

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Shiba Inu price prediction  remains bullish above $0.0000116 as it has increased by more than 1.5% in the last 24 hours and more than 20% in the previous seven days to trade at $0.000012.  The majority of the bullish bias has been triggered by a surge in Shiba Inu trading volume exceeding $1 billion. SHIB Mysterious Tweets and SHIB Army On October 29, Shiba Inu's official Twitter account released another teaser featuring the SHIB army. This time, it tweeted "Shib is..." and invited the community to share their thoughts on what the SHIB token meant to them. Commentators reacted enthusiastically, using terms like "Dog killer," "hope," and "the best cryptocurrency." The Shiba Inu account on Twitter frequently posts hints about the Metaverse or updates on the SHIB ecosystem. In a similar teaser, the official Shib account tweeted, "Ryoshi is..." Shiba Inu's unknown creator decided to emulate Satoshi Nakamoto, the...

Crypto Listing and Delisting Announcements: Week 44

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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here . _________________________________________   Binance Listings: Osmosis (OSMO)   BitForex Listings:   Tamadoge (TAMA)   BitMart Listings:   Nirvana Chain (NAC) ClearCryptos (CCX) Kingaru (KRU) Elan Future (ELAN) THE Protocol (THE) MUTANT FROGGO (FROGGO) Onlyfans Token (ONLYFANS) PREMA (PRMX) Messier (M87) Volare (VOLR) LunaOne (XLN) PIAS (PIAS) NFTY Token (NFTY) Allstars Digital (ASX)   Bitrue Listings:   Fat Cat Killer (KILLER) DigitalBits (XDB) SILK (SILK) Manchester City (CITY)   BKEX Listings: LAZIO (LAZIO) Santos FC (SANTOS) LaEeb (LAEEB) A-Game (AG) Radiant Capital (RDNT)   ChangeNOW Listings:   Serum (SRM) IQ.Wiki (IQ) Alice (ALICE) NEST Protocol (NES...

Here’s Why Traders Are Giving up on Axie Infinity But Backing These 3 Coins to Reach $1

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Join Our Telegram channel to stay up to date on breaking news coverage Axie Infinity, once the leading P2E metaverse game, is seemingly losing the support of the crypto community . One reason for this might be the fact that 22 million AXS tokens were unlocked last Monday, which might be causing fears of a mass sell-off. However, the chart above shows that Axie has been dropping for months, and it missed the recent series of bull runs. In the last 56 weeks, the project lost 94% of its market capitalization, making investors lose interest in the token, while at the same time, players seem to be losing interest in the game. But, while AXS might be going down, there are other, newer opportunities that are capturing the attention of the market, including the following tokens. D2T Currently, in the middle of a presale, D2T is one of the biggest and most popular opportunities out there right now. This is a native cryptocurrency of the Dash 2 Trade platform, which provides investors ...

Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down

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Source: AdobeStock / Richie Chan Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news . __________ CBDC news Financial services group DBS today announced a partnership with Open Government Products (OGP), a tech team within the Singapore Government, to launch a live pilot where purpose-bound money-based vouchers (PBM vouchers) are issued using tokenized SGD to facilitate "real-world" live transactions with selected merchants, said the press release. This forms part of Project Orchid , an industry effort led by the Monetary Authority of Singapore (MAS), to develop the technology infrastructure and technical competencies to enable a programmable digital Singapore dollar (DSGD). Investment news Hong Kong has announced plans to launch a crypto exchange-traded fund (ETF) focused on major cryptoassets like bitcoin (BTC) and ethereum (ETH), Ming Pao rep...

Coins to Buy Ahead of the Next Crypto Bull Run

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The crypto market has witnessed a huge decline in 2022. For many investors, however, this represents the perfect opportunity to buy digital assets - before the market enters the next crypto bull run.  In this article, we discuss 8 cryptocurrencies that are expected to do well during the next crypto bull run . 8 Coins to Add to Your Portfolio Before the Next Crypto Bull Run Here are the 8 top coins that investors can consider adding to their portfolio before the next cryptocurrency bull run: Dash 2 Trade - New Presale Project Building a World-Class Analytics Platform  IMPT - Unique Crypto Platform with a Green Mission Tamadoge - Crypto Game Project With its Own Metaverse and Pet NFTs Lucky Block - NFT Project with Exciting Use Cases Cardano - Blockchain Platform Offering Smart Contracts XRP - Payments Network Of...

Solana Price Prediction for Today, October 31: SOL Keeps Rallying

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Solana Price Prediction – October 31 There has been a firm pushes in the strength of the SOL/USD market operations as the crypto market keeps rallying under a bearish-trading setup. Presently, the price trades around the $34.27 line at an average percentage rate of 4.04 positive. SOL/USD Market Key Levels: Resistance levels: $40, $45, $50 Support levels: $30, $25, $20 SOL/USD – Daily Chart The SOL/USD daily chart showcases the crypto economy keeps rallying between the spaces of the trend lines of the SMAs. The 14-day SMA indicator is at $31.33, underneath the $35.70 value line of the 50-day SMA indicator. The horizontal line drawn at the $30 level indicates the market’s pivotal support has, over time, built around the spot. The Stochastic Oscillators have penetrated the overbought region, seemingly attempting to close their lines at the range values of 98.10 and 100. What will happen if the SOL/USD market price surge past the point of the 50-day SMA trend line? F...

America’s Oldest Bank Says 70% of Institutional Clients Will Invest in Crypto If This One Thing Happens

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Source: AdobeStock / JHVEPhoto BNY Mellon, America’s oldest bank and one of the more crypto-friendly institutions, has said that 70% of institutional investors will increase their digital asset activity when more custody services are available.  In a recent research report titled "Institutional Investing 2.0," BNY Mellon revealed that 70% of institutional investors surveyed would “increase their digital asset activity if services like custody and execution are available from recognized, trusted institutions.”  The report noted that institutional investors are looking for ways to get into the crypto market in a safe and compliant manner, rather than just jumping in immediately with hopes of high returns. Furthermore, the banking giant revealed that around 90% of institutional investors are moving forward with their crypto plans despite the market downturn. "The study further indicates that almost all institutional investors (9...

Bitcoin Millionaires Fell by 70% in First Three Quarters of 2022

The summer 2022 crypto market crash was one the worst in the history of the industry. The markets lost over a trillion US Dollars in market capitalization . According to Finbold, in just the first three quarters of 2022, the number of Bitcoin (BTC) millionaires fell by 70.23%. The data showed that the number of BTC addresses with over $1 million in holdings reached a low of 29,497 as of September 28, 2022. According to data from BitInfoCharts.com, at the end of Q3 2022, 25,395 unique addresses had over $1 million worth of BTC. Meanwhile 4,102 additional addresses had a combined balance of at least $10 million. To put into perspective, at the beginning of Q1 2022, 99,092 Bitcoin (BTC) addresses held $1 million or more. On October 28, 2021, 116,139 Bitcoin addresses were verified as millionaires. Bitcoin rich list hit the hardest? After hitting an all-time high in November 2021, the value of Bitcoin (BTC) has been steadily decreasing. And with the value, so has ...

3 Best Cryptos to Buy Now October 30: DOGE, WAVES, and IMPT

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Join Our Telegram channel to stay up to date on breaking news coverage Whilst the bear market season hasn’t ended, some coins have been performing well for weeks now. Some coins are also showing signs of change in the market trend to the upside. This shows that most bulls are beginning to have their hopes raised as they build up orders in demand zones. Dogecoin has had a quick rally in the past few days, with over 100% returns made in less than one week. Dogecoin continues to rally as it keeps breaking market structure to the upside. Following the bullish divergence on Waves’ daily chart, the bulls stormed the market and never ceased to open more long positions. Dogecoin (DOGE/USD) The market&rsquo ;s downtrend ended in June 2022 when prices hit the $0.050 demand zone. Following the rebuff at the $0.090 supply zone, DOGE/USD fell, but only to consolidate within a range. The Relative Strength Index (RSI) indicator reveals that the market is currently in an overbo...