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Showing posts from January, 2023

Shiba Inu: How High Can SHIB Go in February 2023?

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February remains quite an important month for Shiba Inu [SHIB]. The entire SHIB community is eagerly looking forward to the launch of Shibarium. With its launch, trillions of SHIB tokens are expected to be eliminated/burned in the coming months. Now, All of these factors could boost the price of Shiba Inu. So the question is, how high can the meme cryptocurrency ’s price go? Currently, SHIB was up by 1.22% over the last 24 hours with its price at $0.00001172. Unlike its rival Dogecoin [DOGE], Shiba Inu was pocketing minimal gains. Yet, Gov Capital believes that the meme cryptocurrency has the ability to surge to a high of $0.000018 in February. The cryptocurrency is expected to reach this level as early as Feb.8, 2023. According to the portal, Shiba Inu could start the month at $0.000013. Throughout February, the asset might linger around the $0.000013 to $0.000018 zone. Several are in the hope that Shibarium could eliminate a zero from the price of SHIB. However, it s...

John Richmond Unveils Sneak Peek of His Latest Shiba Inu-Themed Collection

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Over the years, Shiba Inu has established a name for itself in the meme coin community. It has transformed into one of the many communities and teams that are constantly growing today. The Shiba Inu team has been diligently working on numerous community initiatives and partnerships. Shiba Inu Token has increased its influence in the fashion industry by collaborating with John Richmond’s designer clothing. Through this partnership, SHIB demonstrated that it is entering the glamorous industry of fashion. In February 2022, the collaboration’s initial announcement was made. Read more: UK Launches Probe into Sam Bankman-Fried Backed Charity John Richmond announced the launch of a brand new collection at the men’s fashion event from January 10 to January 13, 2023. Now, in a recent tweet, John Richmond additionally unveils their Shiba Inu-themed latest collection. Source: The Economic Times John Richmond provides a sneak peek of new Shiba Inu-themed collec...

Holo Token Price Soars 6% To $0.02 On Holochain News

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Join Our Telegram channel to stay up to date on breaking news coverage Holo (HOT) price has recorded an impressive rally since December 30, 2022, rising from the $0.0013 support floor to the $0.002 range high on Friday. This marked a 54% ascend in four weeks. The price is also up 7.6% over last week and 26% in the last two weeks. At the time of writing, the HOT price was trading at $0.0022 after gaining 6.48% in the last 24 hours with a 24-hour trading volume of $97.9 million. Holo has a live market cap of $386.9 million, placing HOT at #100 on CoinMarketCap. Holo Price Rallies Following Holochain Beta Launch 0.1.0 Holo is the cryptocurrency token powering Holochain, a non-blockchain-based peer-to-peer (P2P) decentralized application-hosting platform. The latest rally of the HOT token is attributed to the hype around the Holochain team launching a beta version of the platform. Get ready for a game-changer! Holochain Beta is out—the next step of our Holochain Beta relea...

Porsche NFT trading volume nears $5M despite launch woes, minting halt

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Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints. German luxury car manufacturer Porsche's nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume , according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales.  Originally meant to have a total supply of 7,500 NFTs, Porsche abruptly halted the minting process on Jan. 25 after some users complained of high minting prices and lack of utility for NFT holders. The supply has since been reduced to 2,363. The NFTs originally had a minting price of 0.911 ETH — referencing the namesake “911” NFT collection — but many users complained that they wanted the price reduced to 0.0911 ETH instead. A Porsche 911 NFT. Source: Porsche After community feedback, Porsche announced that it would expand holder benefits to behind-the-scenes access to the ...

Optimism Price Blasts 24% To New All-Time Highs At $2.50 – How High Can OP Go?

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Join Our Telegram channel to stay up to date on breaking news coverage Optimism price was largely unbothered by a widespread retracement in the crypto market mid-through the week’s trading. Bitcoin price retraced from highs around $23k, testing support at $22,000. Similarly, the largest smart contracts token, Ethereum led other altcoins in slowing down a three-week aggressive push by the bulls. OP, on the other hand, joined explosive altcoins like Aptos (APT) to reach new all-time highs. As reported earlier, APT is on the way to tagging $20.00 for the first time and the rally is unlikely to stop there, especially with the fear of missing out (FOMO) set to come into play. After another 24% spike in 24 hours, Optimism is trading at $2.43, approximately 3.6% from its new record high of $2.50 on January 25. Investors continue to reap big, with OP extending the leg 498% above its all-time low of $0.40 on June 18, 2022. Optimism Price Rally Takes a Breather, Should You Buy Now...

French Parliament Votes in Favour Of Relaxing Crypto Licensing Laws

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Join Our Telegram channel to stay up to date on breaking news coverage France is set to revamp the regulatory framework for cryptocurrencies, which could trigger the industry’s growth. The French National Assembly has voted in favor of rules that will make the licensing requirements easier for cryptocurrency companies while extending relief to the sector. French parliament supports easing of crypto licensing laws French lawmakers have supported the amendment of the current crypto regulatory framework. The lawmakers supported a change to a proposal tabled by Senator Daniel Labaronne, which allows companies offering digital asset services to register with the financial regulatory body. These lawmakers want crypto firms to register under the guidelines contained in the comprehensive regulation for cryptocurrencies by the European Union. The vote received a majority of 61 in favor, and it will now enable crypto firms to obtain the needed licenses. In December, Senator Herve...

Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company

The former chief product officer will receive a healthy severance package, as he departs from his previous role at the exchange. Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales.  According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication, Coinbase stock was valued at $54.28 per share, by Google Finance.  Chatterjee joined Coinbase from Google in February 2020 with a salary of just under $1 million per year. In recognition of Chatterjee's contributions to the company, Coinbase and Chatterjee have entered into a separation agreement that includes severance benefits and an advisory deal in which he will provide advisory services from Feb 4, through to Dec 31, 2023. In the disclosures filed with the Securities and Exchange Commission by Coinbase, C...

The History of Cypto Manipulation: The "Love and Hate" between market Makers, project teams and Exchanges

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Author: Guangwu, Founder of Canoe Source: https://m.techflowpost.com/article/1945 Former head of trade at FTX, @octopuuus, mentioned on the podcast that one perspective I’m interested in is the institutional perspective of market makers, “the history of banker manipulation”. I’ll start by summarizing what he mentioned about Alamenda’s aggressive market maker style, and then add some other models that I’m aware of from the last cycle, especially the relationship between the project side and the market maker. The market makers mentioned in this article only refer to the part of the business that is associated with the exchange and the token of the project side. Institutional trading perspective From an institutional perspective, there are two main ways to control a token: Strong banker control In the case of good project fundamentals, select a target to start operation (project side may/may not know, it doesn’t matter) The first stage(Accumulate): typical trend is to accumulate tokens at...

Bitcoin B logo lights up Germany's tallest building in Berlin

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Berliners could see the Bitcoin B projected onto the Berliner Fernsehturm tower on January 21. The Bitcoin (BTC) logo lit up the night sky in Berlin this weekend, adorning Germany’s tallest building with a giant orange B. Source: Twitter On January 21, the Bitcoin logo illuminated the Berliner Fernsehturm tower–known as the TV Tower. German Bitcoiners took to Twitter and social media to share photos and videos of the illumination, then shared by prominent Bitcoin Twitter accounts. The man behind the B, a German Bitcoiner called Tilo told Cointelegraph why the idea came to him:  "We just want to call attention on bitcoin! We’re fans of Guerilla actions like this and will keep on track." Tilo is CEO of an events agency that will host the "Best of Blockchain" conference this year. He explained that the process is simple for setting up light displays: “what you need is a mixer, power station, special Bitcoin logo,” in one of the comments.  Tilo had tried the proces...

C+Charge Crypto Is Transforming EV Charging With Carbon Credit Rewards, $361K Raised – Buy in Presale Now

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Climate change is one of the critical issues that is bothering the world. Rising sea levels, intense heat, and several environmental hazards are metrics of a collapsing atmosphere. Cryptocurrencies like bitcoin have been accused of further exacerbating an already bad situation. While this may be so, new blockchain-based projects are already fostering solutions for the climate issue. One such is C+Charge which focuses on helping EVs to access carbon credits seamlessly. C+Charge is looking to revolutionize the electric vehicle industry by providing incentives for EV owners who want to charge their vehicles. Its native token is available on presale and has raised over $370,000. Powering the Green Revolution (C+Charge) Currently, many consider electric vehicles to be the future of the automotive industry. These vehicles don’t rely on fossil fuels to operate, and with innovations from companies like Tesla and even traditional carmakers, EVs are becoming stronger and capable of cove...

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors' Counsel for FTX

On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX US’ general counsel, as Ryne Miller once worked for S&C. Judge Dorsey, however, was not swayed by Friedberg’s 17-page objection and appointed S&C, stating that “there’s no evidence of actual conflict here.” FTX Bankruptcy Raises Questions of Conflict of Interest and Odd Decisions The day before bankruptcy judge John Dorsey approved Sullivan & Cromwell (S&C) to represent the debtors as legal counsel, James “Metalawman” Murphy published a Twitter thread explaining that it was odd that S&C would likely be chosen for FTX representation. “There’s something off wit...