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Shiba Inu, a prominent meme coin, has been grabbing headlines with its recent price fluctuations. SHIB has positioned itself as a serious contender, engaging in head-to-head competition with the well-known Dogecoin. Despite its notable achievements, including a recent surge that led to the deletion of one zero from its price, SHIB has experienced a sudden reversal. The meme coin swiftly added another zero to its price, according to the latest data. With cryptocurrency prices trading with major volatility in the past few days, here is our Shiba Inu weekend price prediction. Also read: Cardano Price Predictions: When Could ADA Reach $3, $7.03, and $10.40? Can SHIB delete a zero this weekend? Shiba Inu’s price currently stands at  $0.000009003,  with a 3.4% drop in value over the last 24 hours. According to Changelly analysts, SHIB is expected to trade at a minimum of $0.00000821 and a maximum of $0.0000100 this weekend. Experts predict that the average trading...

The Bitcoin price has dropped 1.5% in the last 24 hours to trade at $42,732 as of 05:30 a.m. EST on trading volume that rose 1.3% to $23 billion. The slight BTC price decrease comes as The Flow Horse, a pseudonymous trader on X, tells his followers that the upcoming Bitcoin halving may cause the Bitcoin price to soar. Just a little advice, as most people in this market are obsessed with intraday activity and try to emulate their favorite traders, riding every little move the market offers: We are on the cusp of the most reliable and popular narrative that this market has seen to this point.… — HORSE (@TheFlowHorse) January 30, 2024 Based on historical data, after every Bitcoin halving event in four years, there is always a bull market that follows, the analyst said. The trader is also keen to warn investors of short-term BTC volatility.   I still think with $BTC this is a dead-cat bounce and we are not near any new trend upward. At least if things remai...

InsideBitcoins regularly provides a rundown of the best cryptocurrencies to buy now , taking into account their recent price performance. This article focuses on cryptocurrencies that have emerged prominently amid recent price fluctuations, attracted investor interest, or demonstrated development initiatives. These selections weathered market volatility and showcased qualities that make them stand out, offering potential investment opportunities for those seeking promising assets. The Analysis provides investors with valuable insights into potential areas of investment consideration. Best Crypto to Buy Now Furthermore, altcoins have taken center stage amid growing excitement surrounding Ethereum’s ETFs, creating a ripple effect in the cryptocurrency market. The Analysis suggests altcoins that can be added to investors’ portfolios for substantial growth. Arbitrum, for instance, launched the ArbitrumOrbit Expansion Program, enabling users to customize their Orbit chains d...

Dogecoin and Shiba Inu surged briefly this week but remain stuck below formidable resistance zones that have repeatedly blocked additional upside. Both Dogecoin and Shiba Inu face increasing pressure to stage upside breakouts to confirm near-term bottoms. However, should either crypto stall or roll over, significant technical carnage likely awaits these two top meme coins. Also read: Ripple: When Can XRP Hit $394 To $594 Range? Dogecoin price performance DOGE currently battles to build support above its 100-day moving average, losing steam after reclaiming the $0.082 level that previously hindered its upside attempts. It now fights to stay constructively above $0.080 or risk violating a longer-term symmetrical triangle continuation pattern. Shiba Inu price performance Shiba Inu tells a similar story after briefly surging following the recent swing lows. However, the all-important $0.000010 barrier halted the meme coin, as it did last October. Now SHIB hovers unde...

A former Chinese takeaway worker living in the UK has been accused of laundering bitcoin from a $6.3 billion China-based fraud by converting it into property and luxury goods. As reported by the Financial Times, 42-year-old Jian Wen has been charged with three counts of money laundering. She is accused of converting bitcoin on behalf of Yadi Zhang, real name Zhimin Qian, who allegedly stole $6.3 billion worth of funds through investment fraud. Zhang allegedly stole from 128,000 investors in China between 2014 and 2017 before authorities began pursuing her. It’s reported that she fled the country in 2017, converted the funds into bitcoin, flew to London, and adopted a false identity. She subsequently fled the UK and remains at large. Prosecutors claim Wen kept Zhang out of focus by acting as her “front person,” helping convert bitcoin into various luxury items, cash, and property “to disguise the true source of the funds.” Wen denies the charges, claiming she was Zhang’s car...

HyperFund founders Lee and Chunga sued for $1.7B crypto scam. Chunga has agreed to a settlement, pending court approval, while Lee faces legal action. Additional charges have been filed by the US Attorney’s Office. The US Securities and Exchange Commission (SEC) has taken decisive legal action against individuals allegedly involved in a crypto currency ‘Ponzi’ scheme worth $1.7 billion, associated with HyperFund, HyperVerse, and HyperTech. The accused individuals are Xue Lee, also known as Sam Lee, and Brenda Chunga, also known as Bitcoin Beautee. They are accused of orchestrating fraudulent scheme s that deceived investors and violated federal securities laws. False membership plans The lawsuit filed by the SEC on January 29, 2024, alleges that Sam Lee and Brenda Chunga engaged in deceptive practices by selling false “membership” plans to investors, promising lucrative returns that never materialized. They purportedly misled ...

Chris Dixon, a general partner at Andreessen Horowitz ( a16z ), recently appeared on the New York Times podcast Hard Fork where he defended his investment thesis and the investments of his firm.  At one point during the interview, while defending Helium, Dixon made the claim, “No company we’re involved with — nor would we allow them to do this — sells tokens to the public.” However, a review of the a16z investment portfolio raises serious questions about this claim.  A16z’s crypto portfolio is a joke We got @BennettTomlin to examine every crypto project the VC firm invests in so you don’t have to. Read https://t.co/6qUZnVC3h8 pic.twitter.com/e8RG7wBP3B — Protos (@Protos) April 14, 2023 Andreessen Horowitz invested in DFINITY, the firm behind internet computer tokens (ICP). Tokens were distributed to those who ‘donated’ to the DFINITY foundation. It also invested in Fei, an algorithmic stablecoin protocol that failed the day it l...

Victoria, Seychelles, January 29th, 2024, Chainwire As a global-leading Web3 trading wallet, Bitget Wallet has introduced the fifth season of Task2Get, featuring zkLink as the highlight project. zkLink is a Layer 3 ZK-Rollup infrastructure that connects high-performance ZK applications to various Layer 1 and Layer 2 chains. Earlier in December 2023, zkLink introduced the alpha mainnet of its Layer 3 network, Nexus, which aimed to connect various Layer 2 ZK-Rollup chains such as zkSync, Scroll & Linea. As an incentivized interaction platform, Task2Get will feature three separate tasks surrounding zkLink, including depositing tokens into the zkLink Nexus mainnet from zkSync Era, Scroll, and Linea. From January 29th to March 11th, users will be able to earn NFT rewards based on their completion rates of these delegated tasks, and also stand to win a share of tokens from a prize pool totaling 200,000 ZKL tokens. NFT rewards distributed in this Task2Get activity...

The Bitcoin price has jumped by 1.7% in the last 24 hours to trade at $42.5K as of 1:09 a.m. EST.  The recent pump comes as BlackRock’s iShares Bitcoin ETF (IBIT) achieved an impressive milestone by amassing $2 billion in managed assets on Friday, a first for recently launched spot Bitcoin ETFs.  IBIT now ranks as the third most successful in terms of asset accumulation among the more than 600 ETFs launched in the past year in the US.  Bitcoin Price Prediction: How High Can It Go? Looking at an in-depth Analysis of 2-hour BTC/USD charts, we see that the Bitcoin price is currently near the upper band of the Bollinger Bands (BB), suggesting it might be in the higher volatility range. The price is also moving above the 20-period Moving Average (Orange line) which generally indicates bullish momentum as bulls look to drive the Bitcoin price higher. The Awesome Oscillator (AO) histograms show the market momentum. The transition from red to green bars indicates a ch...

Cryptocurrencies first surged as an alternative to traditional finance (TradFi), which includes fiat currencies, banking, and the stock market. However, the cryptocurrency market has become more similar to TradFi over the years, directly competing for investors’ attention. In 2021, both the crypto and stock markets peaked at the end of a massive bull market. Since then, the latter has outperformed the total crypto market cap index – a sum of all cryptocurrencies’ capitalization. In particular, the S&P 500 kept nearly 15% more value than the cryptocurrency market. Moreover, the leading stock market index in the world just reached new all-time highs, while crypto is still halfway to its top. The S&P 500 is currently valued at $4,890, while the other has a $1.568 trillion capitalization. Notably, the total crypto market cap peaked at $3 trillion in 2021. S&P 500 vs. Total Crypto Market Cap, weekly chart. Source: TradingView Markets’ historical battle: Crypto vs. Stock ...

Shiba Inu could rally 304% by capturing 1% of the crypto market’s $1.59 trillion cap. The rally would put SHIB’s market value at a pricey $0.0000365. Shiba Inu last hit $0.0000365 during the peak of the 2021 crypto bull season. Shiba Inu is currently valued at a modest $0.000009029 per unit. This reflects a 15% decline from its highest point in the past 30 days, which stood at $0.00001074. Notably, the asset is the 18th most valuable crypto, with a market capitalization of $5.32 billion at the time of reporting. Considering the global crypto market totaling $1.59 trillion, SHIB’s valuation indicates it holds only a 0.3345% share of the entire crypto market. Meanwhile, a compelling consideration emerges regarding SHIB’s value if it were to obtain 1% of the $1.59 trillion crypto market. Acquiring a 1% share of $1.59 trillion equates to securing a more expensive $15.9 billion. Consequently, with Shiba Inu’s current valuation at $5.32 b...

The Bitcoin price climbed 2.8% in the last 24 hours to trade at $40,269 as of 6:18 a.m. EST on daily trading volume that increased 26% to $18 billion. Analysts say the Bitcoin price is stabilizing after a sharp downturn as outflows from the Grayscale Bitcoin Trust slow.  “Considering that $4.3 billion has already been withdrawn from GBTC, we deduce that the majority of profit-taking from GBTC has already occurred,” said JPMorgan analyst Nikolaos Panigirtzoglou. Bitcoin dropped by more than 20% in the weeks following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States.  JUST IN: 🇺🇸 JPMorgan says “profit-taking on GBTC has largely concluded”, expecting limited further downside for #Bitcoin  Bull run is certainly close🚀 pic.twitter.com/JqxnwVydiY — BULLSTREET GROUP (@Bullstreetgroup) January 25, 2024 The decrease was linked to investors selling off the Grayscale Bitcoin Trust (GBTC) to t...

Singapore-based crypto asset management firm Matrixport says Q1 will be a challenging quarter for Bitcoin, although anticipates a positive outlook by the end of 2024. As Bitcoin (BTC) fell back to the $39,000 area, the largest cryptocurrency by market capitalization is likely to face a challenging quarter ahead, according to a recent report from Matrixport. Matrixport highlighted that institutional interest in a spot Bitcoin exchange-traded fund (ETF) was not as robust as initially anticipated. Additionally, investors in Grayscale‘s Bitcoin Trust are seemingly capitalizing on the price gains of GBTC, contributing to the challenges faced by Bitcoin. You might also like: Analyst: Grayscale Bitcoin Trust sellout has clear reasons Analysts at Coinbase Research, however, continue to believe that the ETFs could “set the foundation for new derivatives markets in the traditional financial world, although it’s still as of yet unclear whether these will be subject to ...

Former Binance CEO Changpeng Zhao’s pledge of his multibillion-dollar stake in Binance.US as security for a trip to the United Arab Emirates was denied by a US judge, according to a newly unsealed court filing.  The Jan. 24 filing revealed a sealed Dec. 22 letter from Zhao’s lawyers to Judge Richard Jones that offered up his equity in Binance.US as security. Based on a funding round that took place two years ago, the letter estimated the stake to be worth about $4.5 billion. Changpeng Zhao Wanted To Travel To Visit Someone In Hospital The former Binance CEO wanted to travel to the UAE for up to four weeks at the start of January to see a friend or family member undergoing surgery and staying in hospital. Federal prosecutors opposed the request and c ourt records show Judge Richard Jones denied it on Dec. 29 in a closed-door hearing. Parts of the recently unsealed letter are still redacted as it includes the name of the person having surgery and the type of surge...