Altcoin News by Thebittimes.Com

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Ethereum co-founder Steven Nerayoff has filed a lawsuit seeking $10 million from a crypto analyst who accused him of being an extortionist and government plant that aided an assassination attempt against him.  Nerayoff filed the defamation Lawsuit in a New York District court yesterday against crypto analyst Truth Labs , real name Tyler Fayard.  He claims Fayard made multiple false allegations against him, calling him a criminal and ‘inhumane fraud’ on X (formerly Twitter) over the past few months. In one instance Fayard implied Nerayoff had taken part in an assassination attempt against him during a running race. Fayard posted, “Two days after I tweeted the below Tweet about Peter Pablo, an assassination attempt on me took place while running in a Marathon . I only told one other person, @StevenNerayoff, that I would be running in that Marathon.”  Influencer ghosted Logan Paul NFT lawsuit to ‘save six figures’ Read more: Scoop: Justin Sun falsely claimed diplomatic immu...

The Shiba Inu [SHIB] market saw a notable spike with the start of the weekend. The meme coin surged by nearly 5% over the past 24 hours. At press time, SHIB was trading at $0.00001721. It should be noted that the asset was trading at a low of $0.00001645, earlier today. This sudden spike in the meme coin’s price restored hope among its investors. Many think the asset has a good chance of reaching the one-cent milestone. Some even speculated the possibility of SHIB reaching the 2-cent mark. Source When Can Shiba Inu Surge to 2 Cents? To achieve this milestone, Shiba Inu is required to touch several other levels. The first stop is the asset’s all-time high of $0.00008845, which hit about three years ago on Oct. 28, 2021. SHIB is currently 80.52% below this peak. According to data from Telegaon, this feat can be attained in the year 2026. The next stop is at 1 cent. Investors have been eagerly waiting for Shiba Inu to rally to 1 cent. But this road appears to be challenging. De...

The well-known meme crypto , Shiba Inu, has gone through a rollercoaster ride when it comes to its prices. Lately, the price has increased drastically, and we will cover the details below. Also Read: Shiba Inu: What’s The Maximum High SHIB Can Reach in 2024? shib -s-market-dynamics-and-potential-trajectory">Analyzing SHIB’s Market Dynamics and Potential Trajectory Image Source: WatcherGuru As of July 7, 2024, SHIB’s price increased by 16% in 24 hours, reaching $0.00001719. As was to be expected, the recent price boost caught the eye of investors, and it should probably catch yours as well. Key factors driving SHIB’s price: Surge in whale activity 176% jump in large SHIB transactions A total of 4.18 trillion SHIB ($62.57 million) moved Also Read: Can Burning 410 Trillion Shiba Inu Lead To New All-Time High? As we all know, only a technical Analysis can provide us with useful conclusions. Charles Kibue, a professional investor, notes the following: “The Shiba Inu price ...

The crypto currency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.  Despite these fluctuations, certain cryptocurrencies continue to demonstrate robust growth potential. In this context, Finbold has identified two cryptocurrencies that could surpass the $1 billion market cap threshold in July.  Supported by underlying fundamentals, rising community interest, and other favorable factors, these select crypto currencies may benefit significantly if the market regains its bullish momentum. Picks for you Brace for volatility as $500 million moves in Bitcoin trading 1 hour ago Dogecoin flashes buy signal; Can DOGE claim $0.15? 2 hours ago ...

The cryptocurrency market saw a slight recovery following its recent bloodbath. Several assets were getting back on track and were pocketing gains. Large-cap assets like Shiba Inu [SHIB] and Dogecoin [DOGE] were leading this recovery. At press time, SHIB was trading at $0.00001875 following a 3.30% rise in the past 24 hours. DOGE was priced at $0.1255 with a 1.92% increase. Bitcoin [BTC], however, barely pocketed profits as it continued trading at $65,295. Santiment, a popular on-chain analytics firm revealed that most assets in the market were currently undervalued. This means that these crypto currencies were trading at a lower price than their inherent value. Using the MVRV indicator, Santiment said that Shiba Inu and Dogecoin were the most bullish assets. Bitcoin is also bullish, but the meme coins were considered more profitable than BTC. Also Read: Rags to Riches: Shiba Inu Made $1,000 Turn into $10 Million Source The firm also noted that assets with a lower 30-d...

The Shiba Inu [SHIB] community has several predictions about the meme coin. Some suggest 1 cent is closer than it appears. But a few others are envisioning a $1 trillion market cap for the asset. At press time, SHIB was trading at $0.00001903 following a 9.13% daily drop. The market cap of the altcoin reflected a similar trend and was at $11.3 billion. The founder of Trading Strategy Guides, Casey Stubbs, recently brought back hope into the market with his latest prediction. Stubbs noted that the SHIB market could hit $1 trillion. This certainly seems far-fetched. But the analyst suggested that Shibarium, Shiba Inu’s Layer-2 could drive the value of the network. I am envisioning a day where there are thousands of shib and bone pairs trading on shib arium with billions of dollars worth of transactions daily and trillion dollar market cap. https://t.co/puSwMgBWoP — Casey Stubbs (@caseystubbs) June 16, 2024 He noted that the volume would surge when thousands...

Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of Earn users’ assets. Gemini has announced that its customers of its Gemini Earn program have received $2.18 billion worth of digital assets. The distribution is in kind and represents a 232% recovery for Earn users, Gemini co-founder and CEO Tyler Winklevoss and co-founder and President Cameron Winklevoss said in a news release. Gemini Earn users get $2.18 billion in digital assets Per Gemini ‘s announcement, the $2.18 billion distribution accounts for 97% of the digital assets owed to Gemini Earn’s users . The initial payout is $1 billion on more, or 232% recovery on users ’ digital assets following Genesis’s halting of withdrawals and bankruptcy. Commenting on the payment in kind, Gemini noted that a customer who deposited one bitcoin r...

May 27, 2024 at 12:05 // Business Author Guest Author The world of cryptocurrency trading can be daunting. Complex jargon, volatile markets, and seemingly endless information overload can leave even the most enthusiastic investor feeling lost. But what if there was a platform that could bridge this gap, empowering everyone, regardless of experience, to confidently navigate the exciting world of crypto ? This is where QuantWise steps in. Founded on the belief that "everybody can enter," QuantWise offers a comprehensive suite of tools and resources ...

The market has not been kind to Shiba Inu [SHIB] recently. Despite previous gains, SHIB prices have dipped significantly. At press time SHIB is down 7.57% from its May 16 high of $0.00002588. The asset is not trading at $0.00002388 after a 6.75% daily drop. This decrease keeps it well below its yearly peak of $0.000045. Source Shiba Inu had an extraordinary performance in 2021, leading several to anticipate ongoing growth. However, the broader cryptocurrency market’s downturn in 2022 and early 2023 severely impacted SHIB. It further caused its value to drop by nearly 90%. This decline mirrored the broader market sentiment that lost more than half its value during the bear market. Also Read: PEPE vs. Shiba Inu: The Battle for Meme Coin Supremacy Revisiting the 1 Cent Dream Despite these hurdles, investors still dream of SHIB reaching the $0.01 mark. This ‘1 Cent Dream’ holds the promise of substantial returns, potentially making many current holders m...

Amid warnings of a major financial crash , famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has shared his views on why the United States dollar , in particular, might suffer as a new currency threatens its global domination. Specifically, Kiyosaki was visiting South Africa, “watching and listening to rumors of what will happen when BRICS nations, Brazil, Russia, India, China, South Africa produce BRICS crypto, possibly backed by gold,” as he told his followers in an X post published on May 12. Hyperinflation on horizon Indeed, according to the renowned finance educator, if the rumors are true, this would mean a loss of value to the US dollar and a hyperinflation in the US, and he recommended investing money in alternative assets instead, including gold, silver, and Bitcoin (BTC) to protect oneself against this crash: Picks for you Hacker returns $71 million worth of crypto to phishing victim 15 hours ago ...

MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped. Bitcoin price traded to lows of $60,600 before seeing a slight recovery. MicroStrategy , Coinbase , Riot Platforms and Marathon Digital stock s are among crypto -related stock s seeing downside pressure amid Bitcoin’s price struggles. MicroStrategy stock dumps 10% Coinbase’s COIN was down 3% in early trading on Tuesday, hovering around $211.74 while MicroStrategy’s MSTR stock had dumped over 10% to $1,152. The share price of the Michael Saylor led company has declined more than 29% in the past 30 days. Today’s double-digit dump for the MicroStrategy stock price comes a day after the company reported a net loss in Q1. Despite the impairment loss, the BTC buying software intelligence firm reported adding more coins to its holdings. That includes the 122 BTC the company acquired for $7.8 million in April to bring its total haul to 214,400 ...

​​Investors stormed the office of Russian crypto exchange Beribit last weekend demanding the return of over $4 million in frozen funds.  Beribit staff reportedly fled the Moscow Federation Tower office as it was occupied by around 50 people demanding the return of over 400 million rubles ($4.2 million) from the exchange. According to the Russia n news outlet Gazeta, employees tried to escape through the back exit but were chased by the occupiers. Beribit staff reportedly tried to placate the intruders by handing out chocolate and promising 50% of their frozen Crypto would be returned.  In Moscow, depositors of the crypto exchange Beribit were given chocolates instead of money Approximately $4.3 million of investors' funds are frozen in the accounts of the crypto exchange. Customers have been storming the office for the second day, demanding their money back.… pic.twitter.com/udvlommsOI — NEXTA (@nexta_tv) April 27, 2024 Nexta shared footage of the chocolate being offe...

Ripple CEO is claiming the crypto market could reach $5 trillion by the end of 2024. Investors are looking for better opportunities to invest and gain lucrative profits if that happens. According to some analysts, Solana (SOL), Sui (SUI), and Borroe Finance ($ROE) could be some of the best altcoins to include in investment portfolios. Ripple CEO, Brad Garlinghouse, is bullish on the Crypto market , predicting that the Crypto market cap could double and reach around $5 trillion by the end of 2024. Garlinghouse believes spot ETF approval and the Bitcoin halving event will fuel this prediction. But he also emphasized the crucial impact of favorable U.S. regulatory changes on the crypto market’s growth. The crypto community is understandably excited about this market prediction, with investors and analysts digging into the numbers to determine which tokens could be the best bets to capitalize on this growth. A growing number of experts believe SOL, SU...

Nervos Network (CKB) is the only crypto currency with an overbought daily Relative Strength Index (RSI) in the market. Investors wonder if this is a sell signal or significant evidence of strength for CKB, considering overall conditions. Notably, Nervos Network’s native token is overbought in CoinGlass ‘s three higher time frames, according to data retrieved on April 10. CKB has a 74.98 4-hour RSI, 78.5 on the daily, and 78.8 for the weekly chart.  Interestingly, it is the only cryptocurrency with an overbought Relative Strength Indicator in the 24-hour heatmap. Meanwhile, other cryptocurrencies display a neutral average of 46.82 index points. Picks for you Here's how to turn $1k to $1 million during this crypto cycle 2 hours ago This Solana trader made from $530k to $6 million amid uncertainties 2 hours ago US recession is 'delayed but still coming' warns Chief Strategist 2 hours ago What’s happening with Brazilian Real v...