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In what is a massive development for the Shiba Inu (SHIB) ecosystem, Shibarium is seeking to integrate 1,000 new projects. Indeed, SHIB marketing head Lucie took to X (formerly Twitter) to share the ambitious plans that the network has for the coming year, and the further distant future. Shiba Inu is far more than one of the most popular meme coin investment options on the market. It has undoubtedly grown to be one of the most vast and extensive communities that the industry has to offer. Moreover, it has situated itself to ensure growth is a key byproduct of its initiatives. In the future, # Shibarium aspires to onboard 1000 projects with numerous partnerships. Remember, supporting new projects doesn’t mean canceling existing ones. Stay Wellystrong 💪🏻 as a community during challenging times. If you’ve come this far, why waste so many months by giving… — 𝐋𝐔𝐂𝐈𝐄 | Shibarium ⛓️ (@LucieSHIB) January 28, 2024 Also Read: How Many Shiba Inu Coins You Need To Make $5 Mil

Jan 31, 2024 at 06:20 // Price Author Coin Idol Bitcoin (BTC) is now trading above the moving average lines after a price rise on January 29. Bitcoin price Analysis by Coinidol.com. Long-term forecast for the Bitcoin price: bullish The cryptocurrency has resumed its positive momentum. The largest cryptocurrency had previously fallen to a low of $38,572 on January 23, 2024. The bulls were on hand to buy the dips. Bitcoin then recovered and rose above the psychological price of $40,000. At the time of writing, Bitcoin is currently valued at $42,471. If buyers

The non-fungible token market, once hailed as the next big thing in the burgeoning crypto world, has experienced a dramatic fall this January, marked by a flip in NFT trading sales volume and trading activities. In the article, we shall explore whether the NFT market will retest some positive growth this coming February. NFT Sales Fall 36% In January Data fetched by CryptoSlam.io, an on-chain market data aggregator, indicates that the global non-fungible token market has recorded some negative growth this January. In the past 30 days, the NFT market has amassed a trading sales volume of $1.2 billion, representing a 36% decrease from December 2023. During this period, the number of investors buying and selling NFTs has also reduced. In the past 30 days, the global NFT market has recorded 93,230 buyers and 87203 sellers. The number of NFT buyers has plunged 33%, while NFT sellers have plummeted by 30.88%. Ethereum, the popular decentralized blockchain that supports crypto and non-fu

The Bitcoin price climbed more than 2% over the past 24 hours to trade at $43,191.35 as of 9:10 am EST. A Potential Shift In The Market Could Help BTC Data from BitMEX Research shows the total outflows for Grayscale’s Bitcoin Trust (GBTC) slowed to $192 million on Jan. 29, the fund’s lowest outflow since inception, excluding the first day. Fidelity and BlackRock each had inflows that exceeded the outflows from GBTC. The Fidelity Wise Origin Bitcoin Fund (FBTC) was the best performer in this regard with $208 million in inflows on tts twelfth day of trading. BlackRock’s IBIT registered the an inflow of $198 million. This may signal a significant market shift for the BTC price. For as GBTC’s outflows ease, it may only be a matter of time before the combined inflows of the newly-launched spot Bitcoin ETFs help support BTC’s price . The Bitcoin Price Remains In A Positive Sequence Daily chart for BTC/USDT (Source: TradingView ) The Bitcoin price printed a series of higher highs

The Nigerian local currency Naira (NGN) plunged to a new low against the US dollar reaching 893.5 on Tuesday. Naira is experiencing a steady decline against the US dollar since January 2023. The currency was at 460 in January last year but doubled its losses in 2024 hitting 893 this month. The unending woes of NGN are impacting Nigeria’s economy as the currency is devalued in the global forex markets. Also Read: BRICS: UAE Pays China With New Digital Dirham, Ditches US Dollar Source: Investing.com Nigeria ’s Central Bank Governor Olayemi Cardoso said in a statement that the Naira is now an “undervalued” currency against the US dollar. Cardoso stressed that the Central Bank authorities are undertaking efforts to rectify the development and bring the Naira out of the slumber. “We believe that the naira is currently undervalued and, coupled with coordinated measures on the fiscal side. We will expedite genuine price discovery in the near term. This coordinated approach will

BNB Chain, the blockchain network that supports crypto and non-fungible tokens, has risen in rankings in the NFT ecosystem after its Lock Deal NFT collection exploded in trading sales volume. The resurgence has pushed the BNB blockchain network to climb into the top five blockchain networks for the first time this year. BNB NFT Sales Jump 688% In The Past 24 Hrs Data compiled by CryptoSlam.io, an on-chain data aggregator, shows that BNB Chain has risen in ranking today. In the past 24 hours, non-fungible tokens hosted on the BNB Chain blockchain network have amassed a trading sales volume of $3.2 million, pushing the network to the fourth position. During this period, BNB Chain-based NFT collection has surged 688% from the previous day. Lock Deal, an NFT collection hosted on BNB Chain, is the top most-selling NFT collection, amassing a trading sales volume of $2.7 million. Lock Deal NFT collection has surged 4143% from the previous days. The BNB Chain, initially known as Binance S

Binance Labs says it was “unware” of SkyArk Chronicles’ $15 million funding round and that it did not participate as the AAA gaming platform claimed. SkyArk Chronicles has apologized for the “miscommunication”. Binance Labs has refuted claims that it participated in the gaming platform SkyArk Chronicles’ latest financing round. The venture capital arm of crypto exchange Binance released a statement on Monday distancing itself from SkyArk Chronicles’ $15 million funding, noting that the only participation it had was in the incubation of the project in 2021. Binance says it never participated in the $15 million round Binance ’s reaction was prompted by an announcement that its venture arm had led SkyArk Chronicles’ funding round . Binance Labs says it had asked the NFT project to rectify the claim as posted in the announcement article and on X. While SkyArk deleted the post on the social media platform, it appears no other effort was made – despite Binance

Crypto trading aggregator Birdeye has unveiled a new feature to customize the data pool, while also addressing speculations surrounding a potential airdrop . In an X post on Jan. 27, Birdeye unveiled a tool called “Terminal,” designed to empower users to tailor their data pool for a more personalized trading experience, adding that, as of now, there are no plans for an airdrop . The team behind Birdeye said the Terminal feature allows users to customize notifications related to market movements, token performance, trading events, and technical indicators. NEW FEATURE: BIRDEYE TERMINAL No airdrop , but it's our next best thing! Birdeye Terminal is an advanced tool for Birdeye users. It allows you to customize your trading exp w/ our vast data pool, enabling you to make more timely decisions and grow your gains. (1/4) pic.twitter.com/AI9VqpFmKC — Birdeye (@birdeye_so) January 26, 2024 You might also like: Saga increases airdrop incentives for games on crypto platforms

Bitcoin (BTC) continues to extend its gains in the short term, recently clearing the $42,000 resistance. This comes as Bitcoin attempts to put behind recent sell-offs that emerged following the spot exchange-traded fund (ETF) approval.  It’s worth noting that despite the ongoing bullish sentiments surrounding Bitcoin, a section of the market continues to anticipate that the ETF will positively impact the asset in the long term. In particular, crypto trading expert Michaël Poppe, in a post on X (formerly Twitter) on January 27, focused on the longer-term impact of Bitcoin ETFs, anticipating a significant influence in the next few years. According to Poppe, widespread adoption could propel Bitcoin to reach a high of $500,000. “The real impact on the ETF is going to come in the next few years, resulting into a price of Bitcoin going to $300,000-500,000,” he said.  Bitcoin price analysis chart. Source: TradingView Bitcoin short-term outlook  Cryptocurrency S&P

Available data and expert submissions show Grayscale’s Bitcoin Trusts (GBTC) outflows are trending down, suggesting that the dumping spree may soon end. Although the outflow number is still considerably large, a rebound looks to be on the horizon for $BTC prices, and investors’ confidence is gradually returning. Galaxy Fox holders also expect a significant rally from the meme coin post-presale. The meme coin has performed impressively in its ICO phase, and observers expect more in its retail phase.  Galaxy Fox sets for retail exchange debut  Galaxy Fox is a new token on the rise. The multi-utility token aims to dominate the crypto space and yield profit for investors while at it. Galaxy Fox will be a beneficial currency in web3 space. It will play vital roles on numerous web3 platforms while overseeing everything in its ecosystem. The purchase-worthy meme coin has shown a glimpse of its profitability on presale, and many expect it to keep the momentum going. 

Investor interest in newly launched spot Bitcoin ETFs seems to wane, as another $80 million net outflow was recorded yesterday.  According to Bloomberg reports, Bitcoin ETFs witnessed an approximately $270 million inflow on Wednesday. However, factoring in the withdrawals from Grayscale Investment’s Bitcoin ETF, the net outflow s totaled about $153 million on that day. The trend continued today with a $80 million net outflow , marking the fourth straight day of net withdrawals across these 10 funds.  These outflow s were solely from the Grayscale Bitcoin Trust (GBTC), which transitioned into an ETF following the green light from the U.S. Securities and Exchange Commission. Since its transformation into an ETF on Jan. 11, GBTC, active for over a decade, has seen approximately $4.8 billion withdrawn.  You might also like: Tokens surge double digits as Bitcoin shrugs GBTC stream Bitcoin Spot ETF Flow – Day 10 Data out for all providers $80m net outflow for day 10 pic.twitt

Jan 26, 2024 at 07:26 // Price Author Coin Idol The price of Binance coin (BNB) has fallen below the moving average lines but remains above the 50-day SMA. BNB price long-term forecast: bearish The decline will continue if the bears break below the 50-day SMA. The decline is due to the buyers' failure to sustain the price above the upper resistance level of $340.  Today, BNB has fallen to a low of $290.80. If the 50-day SMA support holds, the BNB price will be trapped between the moving averages. The market will oscillate between the moving aver

A Dogecoin (DOGE) developer is powering an old school first-person shooter on the memecoin’s network using “doginals” – the dog-themed asset’s version of Bitcoin (BTC) ordinals. In a new thread, developer Mini Doge says he’s deployed Doom, a ’90s game that pits players against demons on Mars, using doginals. Doginals permanently inscribe information on small fragments of DOGE – much like how non-fungible tokens (NFTs) and BTC ordinals work. Ð is for Dogecoin! Ð is for Doginals! Ð is for DOOM on Dogecoin! ? Now inscribed on Dogecoin blockchain forever!? Play it now on-chain: https://t.co/Xhfqyktva5 or click on the "content" link for full screen with mouse support and mobile support! This game redefined… https://t.co/ysChvCSyrb pic.twitter.com/GWxZKQUfEe — Mini Doge (@minidogeart) January 22, 2024 Doginals were first launched in February 2023 by “ApeZord,” an anonymous user who also created the Woof Wallet, the first-ever doginals wallet. Accor

As the market builds momentum, investors actively seek tokens to refresh their portfolios in anticipation of the next bullish phase. Consequently, altcoins are attracting considerable attention for their potential to deliver substantial returns. This introduction highlights some of the most promising altcoins for investment consideration now.  8 Best Altcoins to Invest in Right Now Even in a relatively calm market, certain tokens are gaining attention for their potential. NEAR Protocol, Neo, and Polkadot have all emerged as key players. This guide will showcase the distinctive qualities that make these altcoins stand out, giving investors valuable insights for informed decisions. This week’s market highlight is narratives of Grayscale GBTC shedding assets quickly but inflows to nine other products rising. 1. Theta Network (THETA) The Theta Network is experiencing a surge, particularly after partnering with the NHL’s Vegas Golden Knights for NFT ventures. On this note, the token is