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Over the last seven days, Ethereum [ETH] has dropped by 7%. The largest altcoin took a hit similar to the rest of the market. At press time, ETH was trading at $3,090.81 with a daily surge of 0.33%. During its recent rally, the community expected ETH to revisit its all-time high of $4,891.70. But things did not go as expected. The real question is whether Ethereum will continue trading at its current level or witness an upgrade to $3,500 this weekend. Changelly revealed that Ethereum will indeed have a bullish week ahead. The altcoin is expected to surge to a high of $3,172.27 following a 2.85% rise from its current levels. While the altcoin is still away from the $3,500 zone, the upcoming days could build ETF to reach its milestone. Source Factors like market sentiment, regulatory concerns, and the launch of exchange-traded funds [ETFs] could boost the price of Ethereum. Also Read: Upbit Lists Ethereum Name Service: A Market Impact Analysi s Ethereum ETFs To Hit the Market Sooner Than...

This year’s presidential elections are turning out to be interesting. More so for the crypto currency industry. The U.S. has remained confused and stringent when it comes to the digital asset sector. But a number of politicians have openly embraced crypto currencies in a new turn of events. Former President Donald Trump was one of them, whose shift in favor of the market surprised a lot of people. Joe Biden also jumped in on the trend after Trump’s progress. While several believe that this was an attempt by both parties to get votes, a few others are hoping to hear Bitcoin talk in the upcoming presidential debate. Biden and Trump will take part in the first presidential debate of this year. CNN will serve as the host, and it takes place on Thursday, June 27 at 9 p.m. ET. These candidates will be participating in their first debate since 2020. Dana Bash and Jake Tapper of CNN are moderating. It was said by the network that the moderators “will use all tools at their d...

Shiba Inu [SHIB] has been a topic of intense discussion and speculation within the community. At press time, the asset was priced at $0.00002545, reflecting a 2.49% increase over the past hour and a 5.44% rise in the last 24 hours. Amidst these gains, the asset’s market cap surged by 4% to $15.6 billion. SHIB’s performance last month was quite volatile, with a notable 27.16% decline. However, it has clearly rebounded with an 11% gain this month. Source The Hypothetical Scenario: SHIB at $1 The idea of Shiba Inu reaching a price of $1 has been a tantalising albeit highly speculative, thought among investors. To understand the potential impact, let’s consider a hypothetical scenario where SHIB hits this ambitious price target. At its current price of $0.00002545, a $1,000 investment in SHIB would acquire around 39,184,952 or 39.18 million tokens. If SHIB were to achieve the $1 mark, the value of this investment would soar to a whopping $39.18 million. For contex...

In a new turn of events, crypto currency exchange Coinbase is currently experiencing a system-wide outage. This issue has rendered the platform temporarily inaccessible to its users, who are greeted with a “503 Service Temporarily Unavailable” alert upon attempting to access this site. Coinbase quickly addresses the situation in a post on X [formerly Twitter], assuring users that their funds remain safe despite the outage. “Your funds are safe,” the firm stated, emphasizing that the technical team is diligently working to resolve the issue. Beyond this brief communication, a spokesperson for Coinbase confirmed that there are no further updates available at this time. Coinbase is experiencing a system wide outage. We are investigating this issue and working on a solution. Please see https://t.co/a3pl4WiDhZ for updates. Your funds are safe. — Coinbase Support (@CoinbaseSupport) May 14, 2024 Also Read: Coinbase Officially Integrates Bitcoin ...

A simple “Buy Bitcoin” sign garnered popularity after it made an appearance behind Janet Yellen during a 2017 Congressional testimony. The sign is once again making noise after it fetched an impressive sum of over $1 million at auction. The sign was crafted on a yellow legal pad by then-22-year-old Christian Langalis. The intern handwrote this message and now it has certainly transcended its humble beginnings. Facilitated by Scarce.City, known for unique item auctions, the sale occurred at PubKey, a prominent Bitcoin-themed bar in New York City. It reached a record-breaking bid of 16 BTC. This further underscores a significant milestone for the entire cryptocurrency community. The auction’s buzz also reflects Bitcoin’s increasing prominence in mainstream culture. The entire feat started off as a spontaneous gesture by a young intern and now it showcases the resilience of the entire ecosystem. And that's a wrap on one of the most ICONIC pieces of Bitcoin ...

BRICS member Russia is looking to accept cryptocurrencies to settle cross-border trade transactions and not the US dollar. Russia is advocating to receive payments in cryptocurrencies as the country faces economic sanctions by the US. The Bank of Russia announced early this month that it will push cryptocurrency payments with other countries for trade settlements. Also Read: BRICS Calls For Middle East to Ditch US Dollar Elvira Nabiullina, the Governor of the Bank of Russia confirmed that the country will launch cryptocurrency payments in an experimental style. All precautions and dangers will be monitored during the experimental process before the payment system is fully launched and functional. The country might also push the idea of cryptocurrency payments in the next BRICS summit in the Kazan region in October this year. BRICS: Russia To Launch Cryptocurrency Payments To Trade Settlements Source: pics.alphacoders.com Nabiullina revealed that the Bank of Russia has al...

The cryptocurrency market seems to be edging towards a rebound, with Bitcoin (BTC) inching closer to the $70k mark again. Moreover, BTC will undergo its next halving cycle later this month. The halving event may trigger another bull run, sending many assets to new all-time highs. With that said, let’s look at three crypto assets that analysts predict could hit new peaks in Q2 following BTC’s halving event. Top 3 cryptocurrencies that could hit all-time highs Shiba Inu (SHIB): Source: Unsplash Shiba Inu (SHIB) is one of the most popular cryptocurrency assets in the market. Although the token had a lackluster year in 2023, analysts anticipate the asset to soar this year. SHIB is currently down by about 67% from its all-time high of $0.00008616, which it attained in October 2021. However, this may soon change. Source: CoinCodex Also Read: Cryptocurrency: Top 3 Crypto Coins Slated To Deliver Top Returns Post Bitcoin Halving According to CoinCodex, SHIB co...

The impending Bitcoin Halving Event set around April 20th, has sparked immense excitement within the crypto currency community. This halving, touted as the most anticipated for the network, involves a programmed reduction in miners’ block rewards, slashing them from 6.25 BTC per block to 3.125 BTC. As historical data indicates, such halving events often catalyze significant shifts in the Bitcoin market dynamics, and the forthcoming instance is no different. A recent report from CoinGecko, a prominent crypto analytics firm, offers a nuanced perspective: while historical trends point to substantial price surges following halving events, there are indications of diminishing returns over time. Examining past occurrences reveals a striking pattern: Bitcoin has witnessed an average surge of 3,230% following three prior halving events. Such remarkable gains have fueled optimism among enthusiasts, who eagerly anticipate a similar surge this time. However, skeptics, including bears and...

Often dubbed as the “Dogecoin killer,” SHIB has intrigued investors with its playful branding and promises of remarkable returns. As we step into the inaugural week of April, all eyes are on SHIB, with traders eagerly awaiting its next move. Over the past 24 hours, SHIB has experienced a marginal decline of nearly 2% in its value. Presently trading at $0.00002986 and boasting a market capitalization exceeding $17.9 billion, SHIB demonstrates resilience amidst the ever-changing crypto landscape. Forecasts and Anticipation Changelly, a reputable cryptocurrency exchange, foresees an eventful week ahead for Shiba Inu. Analysts anticipate a double-digit surge in SHIB’s value, peaking at $0.00003934. This projection signifies a substantial 31% increase from its current trading price, presenting a potentially lucrative opportunity for investors. Source Also Read: Shiba Inu (SHIB) Up 170% in March, Targets $0.00009 Pre-Halving Recent Developments and Concerns H...

The cryptocurrency market has faced a significant correction in the last day, with Bitcoin (BTC) falling below $68k. However, while BTC was rallying, memecoins were among the best-performing assets among the top 100 projects. While many altcoins rallied double digits, many meme projects hit new all-time highs, surging by over 100%. With that said, let’s look at three memecoins to watch this weekend. Top 3 meme cryptocurrencies to watch this weekend dogwifhat (WIF): While the cryptocurrency market is facing a correction fuelled by increasing inflation and the possibility of rate cuts postponed, dogwifhat (WIF) seems to continue its bullish path. The asset is still up 1.8% in the daily charts, 55.1% in the weekly charts, 281.8% in the 14-day charts, and 787.8% over the previous month. Source: CoinGecko Also Read: Top 3 Cryptocurrencies To Watch Under $1 For March End 2024 WIF hit a new all-time high earlier today, reaching $3.47. However, this may not be the...

Billionaire and American hedge fund manager Bill Ackman acknowledged that the US dollar could be on the path of a decline, and Bitcoin or the new BRICS currency could pin the last nail in its coffin. While Bitcoin touched a new high of $71,175, investors are flocking toward the cryptocurrency market for gains. The development is adding pressure on the US dollar as the majority of traders are now looking into BTC to make profits. Also Read: Will BRICS Change Its Name After Expansion? BREAKING: #Bitcoin reaches new all-time high of $70,440. — Watcher.Guru (@WatcherGuru) March 11, 2024 BRICS: Bill Ackman Thinks Bitcoin Could Grow Stronger Than US Dollar Source: Canva Ackman explained that while Bitcoin is using higher energy to mine, its price skyrocketing is attracting new investors. The billionaire added that he too considers buying Bitcoin as it highlights the changing dynamics of the financial world. He expressed caution about the US dollar’s prospects as bo...