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Shiba Inu (SHIB) is on the verge of launching its layer-2 network, Shibarium . According to SHIB lead developer, Shytoshi Kusama the upcoming network could debut in two to four months. With the launch inching closer every day, the network’s governance token, Bone ShibaSwap (BONE), is seeing increased listings. Popular crypto exchange, Huobi, has announced that it has listed Shiba Inu’s offspring token BONE. The platform announced that deposits are open and that trading will start soon. New Listing on #Huobi$BONE @ShibaSwapDEX Deposits open Trading goes live soon https://t.co/MBo5EnodV4#newlistings pic.twitter.com/2KgVoZe5E7 — Huobi (@HuobiGlobal) April 25, 2023 Huobi’s listing follows Dubai-based crypto exchange CetoEX announcing, that they are listing BONE as well. Moreover, OKX has also listed the Shiba Inu (SHIB) offspring token on its platform. OKX has since increased its BONE holdings by 400%, becoming the fourth-largest holder. An important point to note is th...

Traders can tell when whales go long by monitoring the Aave/Compound stablecoin borrowing pattern, according to The Data Nerd, an onchain data analyst. According to the analyst, four whales have used this strategy in the last 24 hours. Quick tip: Monitoring Aave/Compound stablecoin borrow can tell you when whales go long. We have created a @DuneAnalytics dashboard for you to easily follow this behavior. So far we have noticed 4 whales using this strategy since yesterday pic.twitter.com/RTwZ8LyWCL — The Data Nerd (@OnchainDataNerd) April 23, 2023 In a Twitter thread, The Data Nerd explained that similar to using margin or leverage on centralized exchanges (CEX), whales would go long by borrowing stablecoin using Aave or CompoundFinance. They would follow this up by using the amount to buy assets on decentralized exchanges (DEX) or to deposit to CEX. They repeat the cycle and use it as a profitable system in the cryptocurrency market. By monitoring the action of w...

In a tweet on Monday, the blockchain security firm PeckShield disclosed that FilDA, a decentralized finance (DeFi) platform, experienced a significant exploit on Elastos Smart Chain (ESC) and REI Network. The security firm estimated the loss from the exploit to be around $700,000. #PeckShieldAlert FilDA has announced that it suffered a $700K exploit on Elastos Smart Chain (ESC) and REI Network. The exploiters bridged ~80K $ELA to #BNBChain, swapped them for ~326 $BNB, and then deposited the funds into Tornado Cash. In addition, they bridged 200K $ELA to… https://t.co/D0mJ8y6A0L pic.twitter.com/bZZyS4fU4l — PeckShieldAlert (@PeckShieldAlert) April 24, 2023 According to PeckShield, the perpetrators used a bridging mechanism to move around 80,000 Elastos tokens (ELA) worth more than $100,000 to the BNB Chain, exchanging them for approximately 326 Binance Coin (BNB). Furthermore, the attackers cashed about 200,000 ELA tokens to Ethereum, traded a portion for about 17 ETH...

Shiba Inu (SHIB) and RenQ Finance (RENQ) are two of the most popular tokens in the decentralized finance (DeFi) space. Both tokens have seen significant growth in recent months, and many investors are speculating that they could provide 20x returns in 2023. In this article, we will explore these two tokens in detail and examine why they could be poised for significant growth. Shiba Inu (SHIB) Shiba Inu is a decentralized cryptocurrency that was launched in August 2020 as an ERC-20 token on the Ethereum blockchain. The token was created as a “meme coin” and is named after the Shiba Inu dog breed, which is also the mascot of the token. Shiba Inu has gained a significant following due to its low price and the hype generated around the coin. One of the factors that make Shiba Inu attractive to investors is its low price. At the time of writing, the token is trading at around $0.00001118, which makes it an affordable investment option for many people. Additionally, the coin...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $29k to touch the new low of $28,119. Bitcoin Prediction Statistics Data: Bitcoin price now – $28,296 Bitcoin market cap – $546.4 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $34,000, $36,000, $38,000 Support Levels: $24,000, $22,000, $20,000 BTC/USD is trading around $28,296 below the 9-day and 21-day moving averages. Looking at the daily chart, Bitcoin (BTC) bears now step back into the market, it is likely to bring the coin below the support level of $28,000. However, the king coin is now plunging below the former resistance level of $29,000 which may cause many investors to take profits off the table. Bitcoin...

Shiba Inu (SHIB) and Dogecoin (DOGE) are the most popular memecoins, with massive fan followings. Both projects are among the top 15 by market cap. Although both projects share a lot of similarities, they are considered rivals with distinct differences. The DOGE vs. SHIB battle has been ongoing since SHIB’s debut in August 2020. Both have been pitted against each other by their respective fans and communities, with the larger market bearing witness. With that being said, let us take a look at a few fronts that will help us better understand which project has an upper hand in 2023. Dogecoin vs Shiba Inu: Who wins in 2023? Utility : Utility is one of the most important indicators of a project. Dogecoin ’s biggest utility is, it is being used as a mode of payment. Several companies have begun to accept DOGE as payment since DOGE’s price increase in 2021 and accompanying growth in popularity. These companies include Twitch, AirBaltic, AMC, Tesla, and GameStop, to name a few....

Tech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft and Google. Elon Musk Slams Microsoft-Funded Openai, Google Founder for AI Approach Entrepreneur Elon Musk announced he plans to create his own AI that will rival the offerings of tech giants. The new platform, which he referred to as “Truthgpt,” should try to understand the universe without threatening humanity. Speaking to Fox News’ Tucker Carlson, Musk accused Openai, the developer of the Chatgpt chatbot, of “training the AI to lie.” He believes the company is now a “closed-source”, “for-profit” organization in which “Microsoft has a very strong say.” Elon Musk helped found Openai in 2015 “to serve as a counterweight to Google.” In the interview aired on Monday, the billionaire also criticized ...

Join Our Telegram channel to stay up to date on breaking news coverage Donald Trump, the former President of the United States and crypto investor, has unleashed the second batch of his digital trading cards collection. The non-fungible token collection is part of the 47,000 Trump Digital Trading Cards minted on Polygon, an Ethereum scaling network, last year. pic.twitter.com/eUkETZlIeT — CollectTrumpCards (@CollectTrump) April 18, 2023 Trump Digital Trading Cards Overview Launched in late December 2022, Trump Digital Trading Cards is a non-fungible token project featuring a limited edition of 47,000 unique NFTs. The NFT collection featured Trump disguised in various suits, such as a superhero, cowboy, astronaut, etc. The first batch of Trump NFTs came with real-time buyer benefits, including an exclusive invite to a Trump gala dinner or a meet-and-greet with the former U.S. president. At the time, each Trump Digital Trading Card NFT collection sold at just $99. Sin...

The Funding Program for the ecosystem involves grants, incubation, and acceleration for all phases of product development, with approved applicants receiving up to $500,000 per project. Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally. In an interview with Cointelegraph, Aleph Zero co-founder Antoni Zolciak shared that “the goal of the Aleph Zero Ecosystem Funding Program is to fund innovations from developer teams that expand the capabilities, functionalities, and adoption of the Aleph Zero blockchain.” Zolciak also told Cointelegraph that the program would support various project ideas, from proof-of-concept to experienced teams with solutions on different platforms. Aleph Zero wants to attract developers by providing co...

Join Our Telegram channel to stay up to date on breaking news coverage The Fetch.ai price prediction renews the bullish trend after crossing above the moving averages to touch the daily high at $0.44. Fetch.ai (FET) Prediction Statistics Data: FET price now – $0.43 FET market cap – $358.8 million FET circulating supply – 818.9 million FET total supply – 1.1 million FET Coinmarketcap ranking – #110 FET/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.25, $0.20, $0.15 FETUSD – Daily Chart FET/USD is currently following an upward roll as the coin moves toward the upper boundary of the channel. However, the Fetch.ai price is currently hovering above the 9-day and 21-day moving averages and a possible bullish cross above the resistance level of $0.50 may keep the coin on the higher side. Fetch.ai Price Prediction: Fetch.ai (FET) Faces the Higher Side The Fetch.ai price is at the time of writing recover...

The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle. Tether (USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S. On April 17, the U.S. dollar-pegged stablecoin's circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20% year-to-date (YTD) already and is now eyeing new all-time highs. USDT market capitalization monthly chart. Source: TradingView Tether rivals hit new yearly lows USDT's growth came as Tether ate up the market share of its stablecoin rivals, USD Coin (USDC) and Binance USD (BUSD). That is due to crypto traders' belief that Tether's operations have no exposure to the potential banking crisis contagion. For instance, the circulating market capitalization of the USD Coin, the second-largest stablecoin, has dropped over 25% YTD to $31.82 bill...

Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say. Many expect there will be multiple blockchains and such an ecosystem requires communication protocols similar to the Transmission Control Protocol/Internet Protocol (TCP/IP) used on the internet. Ryan Lovell, director of capital markets at crypto price oracle solutions firm Chainlink Labs told Cointelegraph that blockchains without interoperability are like what computers are without the Internet — isolated machines which cannot transfer data and value across networks. “To realize a fully interoperable blockchain ecosystem at scale, there needs to be an open communication standard analogous to the TCP/IP, which currently se...

A recent quarterly crypto market report released by CCData shows that digital assets had rallied significantly in the first quarter of this year. This rally was led by the market leader Bitcoin (BTC) as the crypto posted a 72.3% gain during this period to rise to $28,477. This uptrend then continued and pushed BTC’s price to above $30,000. The report added that the monthly trading volumes for the quarter had averaged $932 billion, which is a 16.8% decline from the 2022 monthly average of approximately $1.12 trillion. Meanwhile, liquidity on centralized exchanges such as Coinbase and Binance had decreased while the decentralized UniswapV3 saw its liquidity grow by more than 200%.  According to the quarterly report, the crypto market saw a consolidation of trading volumes in the first quarter of this year, adding that the top 8 exchanges currently account for 70.5% of the total trading volume in the market, which is up from January 2022’s 62.7%. Decentralized exchange...

Watcher Guru exclusively reached out to three Shiba Inu investors who dream of making millions when it reaches $0.01. The investors poured their hearts out on what they will do when SHIB reaches the milestone that could change their lives forever. The majority of investors aspire for the token to reach 1-cent to create generational wealth and attain financial freedom. Below are the stories of three investors on what they plan to do when SHIB hits the $0.01 mark. Also Read: Shiba Inu: A $1,000 Investment Turns to $22 Million in April 2023 1. ‘I’ll Start A Business When Shiba Inu Reaches $0.01’ A burger-joint employee working on minimum wage from Kansas revealed that he would quit his job the moment Shiba Inu reaches $0.01. The 31-year-old confirmed said that he would start a real-estate business as properties in Topeka are booming. Land, apartments, and rents are skyrocketing in Topeka as people return to the city with work-from-home options fueling the real-estate boom. ...