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Showing posts with the label digital currency

Shiba Inu Marketing Strategy Backfires, Community Loses Faith

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The Shiba Inu marketing strategy has completely backfired after the project’s official Shibarium account encouraged holders to spam cryptocurrency comment sections using AI tools, and this move has triggered widespread community backlash along with a dramatic market rank decline that pushed SHIB out of the top 30 cryptocurrencies by market cap right now. Also Read: Shiba Inu Soaring: Veteran Investor Predicts 17x Move to $0.00023 How Spam Tactics Led to Community Backlash and Market Rank Drop Source: StormGain Desperate Shiba Inu Marketing Strategy Gets Exposed The Shiba Inu marketing strategy reached new lows when Shibarium’s official X account openly urged followers to spam crypto comment sections with SHIB mentions, and they actually recommended using artificial intelligence tools for automated comment creation. This spam-based approach shows that the project can no longer generate organic interest, which is pretty concerning for any crypto project at this point. Do you r...

Bitcoin’s Win Repeats Initial Warning By Satoshi Nakamoto

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Will China’s Stablecoin Further Push For De-Dollarization?

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According to a Financial Times report, China plans to allow the launch of its first stablecoin. Hong Kong policymakers recently passed legislation that allows licensed businesses to issue tokens backed by any fiat currency. According to Chen Lin, director of the Centre for Financial Innovation and Development at the University of Hong Kong, China has become increasingly interested in crypto and stablecoins. The coming of the US dollar-backed stablecoin era was seen as a way to revive the USD’s lustre. A yuan-pegged stablecoin could challenge the USD stablecoin sector and further strengthen China’s de-dollarization plans. Is a Yuan-Pegged Crypto a Part of China’s De-Dollarization Plans? Source: Watcher.Guru Stablecoins have seen a significant rise in popularity over the last few years. Dollar-pegged cryptocurrencies are also seen as a way to revive the US dollar. According to David Sacks, the White House cryptocurrency czar, dollar-pegged crypto assets will increase the...

Pi Coin Price Prediction in 2025: Can Pi Hit $1 From $0.44 Collapse?

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Looking at Pi Coin price prediction 2025 data, the token might actually reach $1, but there are some pretty big challenges after that recent drop to $0.44. Right now, as CoinGecko reveals, Pi Network is trading at $0.4949 and there’s this stubborn resistance at $0.53 that’s been giving traders trouble. Source: CoinGecko The Pi Network price prediction models suggest that breaking through this level by August is crucial for hitting that Pi Coin $1 target. Current Pi Coin future forecast data shows mixed signals, while Pi Network market Analysis reveals ongoing supply pressures from those token unlocks that keep affecting momentum. Also Read: Is Pi Coin Worth Anything? Exploring Its Real Value and Potential Pi Network Price Forecast, $1 Target, Future Value & Market Outlook Source: Markets.com Current Technical Barriers Are Blocking Recovery Across multiple essential trading segments, Pi Coin price prediction 2025 trends have established immediate resistance right at that $0....

Cryptocurrency markets cash in as Astronomer CEO resigns

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Andy Byron has resigned as CEO of Astronomer following a wave of speculation fueled by a viral video from a Coldplay concert, with the move triggering a wave of profits for cryptocurrency traders.  The clip, which showed Byron in a compromising moment with Chief People Officer Kristin Cabot on the event’s “kiss cam,” quickly sparked backlash online. Byron, who became CEO of the New York-based company in July 2023, officially stepped down on Saturday, July 18. Notably, Astronomer confirmed his resignation via a post on X, naming cofounder Pete DeJoy as interim CEO. “Andy Byron has tendered his resignation, and the Board of Directors has accepted. The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO,” the company said.  It is worth noting that the firm had placed him on leave a day earlier and launched a formal investigation.  Crypto m...

XRP adds over 800,000 new addresses in H1 2025

Despite broader market optimism and a surge in new XRP addresses, user engagement on the XRP Ledger appears to be slipping.  According to data in the Finbold H1 2025 Cryptocurrency Market Report, between January 1 and June 30, 2025, the number of total XRP addresses rose from 6,282,144 to 7,116,378, an increase of over 834,000.  This growth was split across both quarters: Q1 accounted for 528,997 new addresses, while Q2 added another 305,237. Yet active address counts moved in the opposite direction, dropping from 39,515 to 26,807 by the end of the first half.  That’s a net loss of 12,708 active wallets in Q2, on top of the 16,772 decline already reported in Q1. In other words, while more users are entering the XRP ecosystem on paper, fewer are interacting with the network regularly.  The disconnect between new wallet creation and actual network activity suggests growing passive interest, possibly from investors parking funds or institutions onboarding for fut...

Solana activity hits new record high

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Despite a 2% price dip on Monday, Solana (SOL) saw a surge in activity on Tuesday, with over 14.63 million active addresses in the previous 24 hours, according to data from on-chain cryptocurrency analyst Ali Martinez. A rise in daily active addresses correlates with increased user engagement, potentially fueling greater demand for the token. Solana activity. Source: X (ali_charts) Notably, the record numbers across Solana’s ecosystem coincides with renewed excitement for a Solana exchange-traded fund (ETF). Indeed, the U.S. Securities and Exchange Commission (SEC) has reportedly asked potential ETF issuers to amend or resubmit their applications by the end of July, with Bloomberg ETF analyst James Seyffart claiming that any sort of interactions “should be viewed positively.” Solana performance As reported by SolanaFloor, Solana has also surpassed all layer-1 (L1) and layer-2 (L2) chains in terms of network revenue in Q2 2025, comprising transaction fees a...

Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

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What’s Dogecoin Doing This Independence Day? ChatGPT Predicts

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Dogecoin is one of the leading cryptocurrency tokens to exist in the space today. The token has recently been attracting mainstream attention as Elon Musk and President Trump’s feud gains global momentum again. Musk has vowed to launch a new “America Party” if the Senate approves the controversial “One Big Beautiful Bill.” The feud above has once again reignited hopes of whether Musk could assist Dogecoin in gaining mainstream spotlight if he assumes an important role in US politics. Besides that, DOGE ETF mayhem is also pushing DOGE to aim for better price highs. Here’s what Dogecoin is planning for the future, and how high can it truly trade on the fourth of July 2025? Also Read: Can Bitcoin and Dogecoin Moon If Musk Starts a Political Party? Dogecoin Analysis: The Reality Source: Watcher.Guru According to a noteworthy cryptocurrency expert, CryptoRus, Dogecoin was earlier displaying a parabolic curve and has already crossed the third stage of it. Such formations often ind...

1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000?

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If you purchase 1 million Shiba Inu (SHIB) coins today, it will cost you around $11.47. For 1 million SHIB tokens to be worth $100,000, the price of each coin has to reach $0.10. SHIB fans, collectively called the SHIB Army, and investors have long pursued the 1-cent price. Hitting the 10-cent mark will go way beyond their target. While the efforts are commendable, hitting the $0.1 mark is no easy task. Let’s discuss if it is feasible. Is Hitting $0.1 Possible for Shiba Inu? Source: Watcher.Guru With its current supply of nearly 589 trillion, it is unrealistic for SHIB to hit $0.1. The project’s market cap will reach $58.9 trillion if the price of each coin hits $0.1. This figure is highly unlikely. SHIB’s market cap would not only dwarf tech giants like Apple, Microsoft, etc., but also outgrow the GDP of all nations worldwide. This scenario will likely never happen. The way for Shiba Inu (SHIB) to hit the $0.10 mark is for it to greatly reduce its circulating supply. ...

Here’s What a $1,000 Bitcoin Investment Today Might Be Worth

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The world’s largest cryptocurrency Bitcoin (BTC) made headlines for a lot of reasons this year. The main reason, however, is its jump beyond the coveted $100,000 mark. The king coin witnessed an uptick like never before as it hit an all-time high of $109,114.88 in January 2025. This brought about big changes in the lives of many who invested in BTC and held onto it patiently. Can a similar feat be achieved in the coming years? Also Read: Beating The Dollar: Here’s How Much Gold Russia Has Stored Till Now How Is Bitcoin Faring At the Moment? Source: Watcher Guru The king coin managed to rise from a low of $49,121.24 to a high of $109,114.88 within a span of one year. This massive rise was influenced by several factors, including the halving, Donald Trump’s inclination towards cryptocurrency, and his takeover of the President of the United States. Even though the asset saw this growth, BTC was hit with a major setback this past month. At the time of writing, the asset was trad...