Day: September 23, 2022

Shiba Inu Eternity Update Awaited

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There may be a Shiba Inu (SHIB) rally coming soon. Recent events have sparked widespread interest in the Shiba Inu project and its native cryptocurrency. On Thursday, the company’s founder and chief programmer, Shytoshi Kusama, informed the SHIB Army that the company’s development team is working on a burn mechanism that will have implications for the entire Shiba Inu ecosystem. SHIB holders can’t help but be giddy about the future, what with the community’s official Twitter account teasing yet another major update. Shiba Inu ‘Eternity’ Excitement   A lot has happened…

The Most Important Bear Market in Crypto History

More importantly, degens and whales are speculators and liquidity providers, not “users” proper. To eventually reduce market cyclicality, crypto projects need to find actual use cases where they can beat existing services. For now, the obvious cases are still pretty limited: cross-border payments (mostly meaningful for BTC), NFTs (mostly meaningful for ETH) and, to a lesser extent, gaming – where there is a huge market, but the actual advantages of crypto are a bit less clear. Source

Reserve Right Token Spikes Leaving Many In Euphoria, Eyes $0.01

RSR price holds above daily 50 EMA as price eyes $0.01  Price continues to look bullish, holding above key support areas RSR price breaks out of daily asymmetric triangle with high buy orders.  Reserve Right (RSR) token price has had a rough time in recent weeks breaking out of its range but could rally to $0.01 as price broke out with more buy orders against tether (USDT). Despite the crypto market facing so much uncertainty as to where the market is headed, the price of the Reserve Right (RSR) token…

Ethereum Merge: Biggest Thing In Crypto Since Bitcoin | Forbes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Imagine having to change the engine of a spaceship mid-flight. A similar task is facing Preston Van Loon and a few dozen more developers working on a critical software upgrade to Ethereum, the blockchain underpinning thousands of decentralized applications and ether, a cryptocurrency with a $204 billion market capitalization. Awaited for years, the upgrade entered its first phase–called Bellatrix–at 7:34 A.M. EST on 9/6, setting the stage for the blockchain’s merge with another decentralized ledger named the Beacon Chain and changes in…

Bitcoin Hanging Tough as Stocks Slide

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“Bitcoin continues to display strong resilience in the face of a broader risk-averse mood in financial markets,” Craig Erlam, senior market analyst at the foreign-exchange brokerage Oanda, wrote in an investor update. “Given it is the ultimate risk asset, this is quite surprising and perhaps even encouraging.” Original

Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95% – Markets and Prices Bitcoin News

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Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days. Dogecoin, Shiba Inu, Baby Doge Coin Dip Lower Losing Between 12.8% and 19.4% Today, the meme coin economy is worth nearly 15 billion U.S. dollars and out of dozens of meme tokens, 25 of them have the…

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?

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XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom  On Sep. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% against the U.S. dollar. XRP/BTC and XRP/USD daily price chart. Source: TradingView The big…