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Shiba Inu was launched on Aug. 1, 2020, with a modest price of $0.000000000056. SHIB made its way up in the indices over the next few months, bringing significant profits for its early investors. The dog-themed token basked in the limelight in 2021, becoming the talk of the town. Shiba Inu had its fair share of iconic moments that thrilled the community by providing developments that they always craved. The developments felt nothing less than listening to ‘classic hits’ from their favorite bands that gave a sense of accomplishment. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire With Only $10 Shiba Inu: Here Are The 3 Most Iconic Moments of SHIB 1. Robinhood Listing Source: Pixabay Robinhood was bombarded every day with messages from the community to list Shiba Inu on the exchange. Not a day passed by without the community mentioning the phrase ‘Hey Robinhood, when SHIB?’ The campaign was so fierce that CEO Vlad Tenev, couldn’t escape television interviews...

Elon Musk has always voiced his opinion on various things. Meme coins are definitely something that Musk has consistently discussed. Musk’s tweets about Dogecoin and his dog, Floki Inu, which is a Shiba Inu breed, have affected the price of the meme coins in the past. Also read: Tron Founder Justin Sun Proposes to Acquire Credit Suisse for $1.5 Billion Well, Musk is back now with his meme coin tweet, but with a twist. In one of his recent tweets, the Tesla CEO changed the lyrics of the song “The Impossible Dream” by the Welsh singer and TV presenter, Rhydian, and replaced it with the word “meme.” He changed the beginning of the song with, “to meme the impossible meme.” Take that, ChatGPT! — Elon Musk (@elonmusk) March 17, 2023 Elon Musk also tweeted “Take that, ChatGPT!” Musk had earlier voiced his opinion on ChatGPT and ended the tweet by saying, “Take that, ChatGPT!” The tweet by Musk also grabbed the attention of Shiba Inu lead developer Shytoshi Kusama. K...

Binance assured its users that this change will not impact them in any way, and that their funds will continue to be held in publicly verifiable addresses. Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos' recent decision to stop minting new Binance USD (BUSD), leading to a decrease in BUSD's market capitalization over time.  As Paxos will no longer be minting new BUSD, #Binance has swapped the BUSD in the SAFU Fund for TUSD & USDT. This change will have no impact on users, and the funds remain on publicly verifiable addresses. Funds are SAFU.https://t.co/edLVgpdCUQ — Binance (@binance) March 17, 2023 The Secure Asset Fund for Users (SAFU) is an emergency insurance fund that was established by Binance in July 2018 to protect users' funds in case of security breaches or other unforeseen events. Binance committed ...

The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina, reaching more than 100% growth year-on-year (YoY), something that has alarmed local analysts. Argentina Registers Record CPI Levels in February The National Institute of Statistics and Census in Argentina released the inflation numbers for February, alarming local analysts. According to the report, February’s monthly CPI reached 6.6%, a higher number than the 6% registered in January. The rise was mostly caused by the increase in prices of food and beverages, which grew by 9.8%, hitting the pockets of Argentines. Inside this sector, meats spearheaded the hike, with prices rising by more than 30% in some cases. Inflation reached record yearly levels, with prices rising 102.5% YoY, the hi...

The VeChain foundation recently announced an international collaboration with China’s Animal Health and Food Safety Alliance (CAFA). VeChain will provide services to enhance the animal food supply chain traceability to improve safety and quality control. The blockchain network aims to unleash food quality potential for animals through the global supply chain power. The collaboration comes after The HiVe summit early this month, where the foundation joined hands with the Boston Consulting Group. You can read more details about the partnership here. Also Read: Fed’s Emergency Loan May Bring $2 Trillion Into U.S. Banking System: JPMorgan VeChain: Will The Development Make VET Reach $0.1? Source: Currency.com / Shutterstock VeChain is currently trading at $0.022 after rising to a yearly high of $0.31, in mid-February. VET has doubled in price since the start of January, and it is now shedding a large portion of its gains in March. The CAFA collaboration is a good use case, ...

Join Our Telegram channel to stay up to date on breaking news coverage Circle Ventures, the venture division of USDC issuer Circle, has invested in CNHC, an offshore stablecoin project backed by the Chinese yuan. The partnership’s timing and strategic importance are difficult to ignore. Stablecoins have developed from a niche business into a $130 billion industry in just a few years. These digital currency are intended to provide a less volatile means of trading than, say, Bitcoin and Ethereum because they are often backed by conventional assets like the U.S. dollar. As the stablecoin market expands, a hierarchy emerges that is similar to the old, USD-centric financial system. About 99% of stablecoin s in circulation today are pegged to the US dollar, and CNHC is one of the few initiatives to challenge the dominance of the dollar in the blockchain industry. Since March, Circle has been having problems. It was first impacted by the closure of Silvergate and then by the c...

Mar 15, 2023 at 10:36 // Price Author Coin Idol TRON (TRX) price is rallying as it breaks above the moving average lines. TRON price long-term forecast: bullish In the earlier price action, the cryptocurrency asset rose to the high of $0.068 but pulled back. Today, TRON is trading at $0.067 as of press time. The bullish momentum failed to overcome the resistance at $0.070. The altcoin is now moving above the moving average lines, but risks a decline below the moving average lines. On the upside, buyers have failed to break above resistance at $0.070 since...

The entire cryptocurrency market is currently on an uptrend. While financial institutions crumble, the digital asset sector was thriving. Bitcoin [BTC] led the ongoing rally with a 10% daily surge. As the asset inched closer to $25K, all the others in the market followed suit. Shiba Inu [SHIB] followed the “slow and steady” narrative by pocketing minimal gains. However, the token was displaying one of its strongest correlations with Bitcoin. IntoTheBlock revealed that SHIB’s correlation with BTC is at 0.8. Source During this year-to-date period, SHIB’s correlation with BTC has remained strong which is considered to be bullish. This was pertinent as it could open new doors upwards for the asset. The meme coin might witness a possible rise either in the next few trading sessions. However, it is important for Bitcoin to maintain its current hot streak for this to pan out favorably for Shiba Inu. Can this strong resistance level hinder Shiba Inu’s growth? SHIB was expected...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his bitcoin, gold, and silver recommendation. Emphasizing that government bailouts have begun following the collapses of Silicon Valley Bank and Signature Bank, Kiyosaki warned that the Fed will inject more “fake money” into the “sick economy.” Robert Kiyosaki’s ‘Crash Landing’ Warning Rich Dad Poor Dad author Robert Kiyosaki warned about an incoming economic “crash landing” Monday after two major banks were shut down by regulators in the U.S. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted: Bail outs begin. More fake money to invade sick economy. Still recommend same response. Buy more gold, silver, bitcoin. Take ca...

NFT rarity is the uniqueness and scarcity of a nonfungible token, calculated using factors, such as distinguishing features and demand. An NFT’s rarity plays a role in its perceived cultural and artistic significance. For example, an nonfungible token (NFT) that is the only one of its kind and possesses significant cultural or historical value may be considered a rare and must-have artifact. But why is NFT rarity important? NFT rarity is important because the market worth and appeal of an NFT can be significantly influenced by the nonfungible token’s rarity , which can also influence its resale value. Moreover, NFT collectors frequently look for unusual and distinctive nonfungible Tokens to add to their collections. Nonetheless, it is crucial to remember that an NFT’s worth or relevance is not necessarily determined by its rarity alone. Other elements that may affect the value and appeal of nonfungible tokens to collectors include the caliber of the artwork, the reputation of the ar...

According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar. USD Coin (USDC) issuer Circle plans to use " corporate resources" to cover the shortfall on its reserves following Silicon Valley Bank's shutdown, said the company in a statement on March 11.  According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar. The announcement came after the stablecoin lost its $1 peg on March 11 to trade as low as $0.87 before slowly re-pegging at $0.97 at the time of publication. The stablecoin lost its peg after the disclosure of $3.3 billion of Circle's reserve at Silicon Valley Bank. Sharing an Update on USDC and Silicon Valley Bank. https://t.co/Ug3qpot8sJ — Jeremy Allaire (@jerallaire) March 11, 2023 Silicon Vall...

Join Our Telegram channel to stay up to date on breaking news coverage In the world of cryptocurrencies, memes coins have become quite popular in recent years. These coins, created in the spirit of fun and humor, have gained a significant following due to their catchy names, unique designs, and potential for quick gains. Two of the most popular meme coins are Dogecoin and Shiba Inu, which have both gained massive attention in the past year. However, as the crypto market becomes increasingly volatile, DigiToads is positioning itself as the first valuable memecoin on the market. Buy DigiToads Now What Makes DigiToad Different? Unlike many other meme coins, DigiToads has a unique utility that sets it apart from the rest. The token is designed to positively impact users in multiple facets of life, from providing a new web3 gaming experience to supporting the environment through charitable contributions. DigiToads boasts a high-growth potential and offers its holders the opportun...

BTC margin and options markets are steady, even as investors run for cover as crypto and stock prices fall. Bitcoin (BTC) traders saw continued downward pressure after the 5.5% decline in BTC price on March 7. Increased odds of further interest rate increases by the Federal Reserve and regulatory pressure in cryptocurrencies explain some of the movement. Financial markets showed signs of stress as the inverted bond curve reached its highest level since the 1980s. Longer-term dated yields have stalled at 4%, while two-year treasury notes traded above 5% yield in March. Since July, longer-dated treasury yields have failed to keep pace with the surging two-year benchmark, resulting in the inverted curve distortion that typically precedes economic downturns. According to Bloomberg, the indicator reached a full percentage point on March 7, the highest level since 1981, when Fed Chair Paul Volcker faced double-digit inflation. This week, BlackRock, the world's largest asset manager, in...

Join Our Telegram channel to stay up to date on breaking news coverage Over a week ago, on February 27th, wallet provider MyAlgo posted an urgent recommendation to its users, advising them to withdraw funds from Mnemonic wallet s stored in MyAlgo. This was, of course, in response to the wallet drain hack that targeted the wallet users and Algorand holders. IMPORTANT: ⚠️We strongly advise all users to withdraw any funds from Mnemonic wallet s that were stored in MyAlgo. As we still don't know the root cause of recent hacks, we encourage everyone to take precautionary measures to protect their assets. Thank you for your understanding. — MyAlgo (@myalgo_) February 27, 2023 However, Algorand itself failed to react or even acknowledge and address the issue. According to ZachXBT, the self-described “on-chain sleuth,” the project’s users have lost millions of dollars in the attack. However, Algorand continues to behave as if nothing happened,...