Author: News Room
Shiba Inu (SHIB) witnessed a good start to the month of March as it charted new 2024 highs, but this did not last long. Following corrections and recovery, the meme coin is now at a crucial price, which will likely rally for this reason. Shiba Inu Whales Don’t Quit Shiba Inu’s price corrected by over 30% at the beginning of the month, but this did not discourage the large wallet holders who kept on adding SHIB to their wallets. In the span of a month, over 11 trillion SHIB were accumulated by these whales, who increased their holdings by $337…
A closely followed analyst believes that Bitcoin (BTC) is now consolidating while gearing up for a parabolic move. In a new video update on YouTube, pseudonymous analyst Rekt Capital tells his 70,600 subscribers that Bitcoin’s current value may not last for much longer as he expects the king crypto to soon soar to new all-time highs based on historical precedence. “This re-accumulation range at these highs [around $70,000] is just noise, preparing us for the greater move. And it’s a matter of when rather than if, and it’s also a matter of time, because the more we can consolidate here,…
The Cardano network will be one of the cross-chain venues for users to access ASI, a new cryptocurrency that binds three top players in the AI and crypto space. One of the biggest developments from the crypto space this week is a multi-billion token merger involving three projects: SingularityNET, Ocean Protocol, and Fetch AI. The new partners announced the impending launch of the Artificial Superintelligence Alliance (ASI) and the merging of the three coins into the ASI token. While the merger will bind together a combined $7.5 billion worth of value that the projects have amassed, one of the questions…
With the larger part of the cryptocurrency sector not yet done with bullish advances, some of its assets stand out, posing better investment opportunities than others for the month to come, and some of them are still purchasable at a low entry price of below $1 per wholecoin. In this context, Finbold has analyzed the performance of these crypto assets to arrive at the list of three that are currently changing hands at a price of less than a dollar apiece, which represent some of the best purchase choices for crypto traders and investors in April. #1 Dogecoin (DOGE) Indeed,…
Sam Bankman-Fried, the former cryptocurrency mogul, faced serious accusations during his sentencing hearing on Thursday. U.S. District Judge Lewis Kaplan announced that Bankman-Fried had lied under oath during his fraud trial last year. This development marks a critical juncture in the ongoing FTX lawsuit. The judge found Bankman-Fried guilty of perjury, stating he was aware his hedge fund used customer deposits from FTX, the cryptocurrency exchange he founded. Read the full article here
Arjun Sethi, the former CEO of Tribe Capital, appeared on CNBC’s “Closing Bell: Overtime” on March 28 to discuss the ramifications of Sam Bankman-Fried’s (SBF) trial and sentencing on the crypto industry. Arjun Sethi is a distinguished figure in the entrepreneurial and investment landscape, holding key positions as the Co-Founder, Chairman, and Chief Investment Officer of Tribe Capital, a venture capital firm founded in 2018 that oversees assets exceeding $1.6 billion and has invested in startups such as Carta, Relativity Space, Airtable, MoonPay, and Kraken. Tribe Capital stands out in the venture capital and cryptocurrency sectors for its innovative use…
Bitcoin price is again rising above the $70,000 resistance zone. BTC seems to be setting up for a steady increase above the $71,500 resistance zone. Bitcoin price is climbing higher and above the $70,000 resistance zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a crucial bullish trend line forming with support at $70,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could soon start a fresh rally if it clears the $71,500 resistance zone. Bitcoin Price Regains Strength Bitcoin price remained well-supported above the $69,000 resistance…
XYO, a prominent player in the blockchain technology realm, just secured a new spot on its global map with its recent membership in the Digital Assets Association (DAA) based in Singapore. This move is seen as a significant step for XYO in expanding its reach and influence.—The DAA isn’t just any run-of-the-mill association; it’s a non-profit organization dedicated to integrating blockchain technology into traditional finance structures. Its primary goal is to bridge the gap between traditional financial systems and the promising world of tokenized real-world assets (RWA). With heavyweights from both traditional finance and blockchain projects onboard, including big names…
Crypto Price Prediction: The cryptocurrency market has witnessed high volatility this week following the lead of Bitcoin price wavering around the $70000 psychological level. The BTC daily chart shows several neutral candles with higher wicks indicating no clear dominance of buyers and sellers. Read the full article here
In his parting words to FTX founder Sam Bankman-Fried on Thursday, the judge overseeing his criminal case said the former darling of the cryptocurrency industry, although “exceptionally ambitious,” was ultimately a reckless gambler. Bankman-Fried is “a man willing to flip a coin as to the continued existence of life and civilization on Earth if the chances were imperceptibly greater that it would come out without that catastrophic outcome,” Judge Lewis Kaplan said during Bankman-Fried’s sentencing hearing. Kaplan ordered Bankman-Fried to 25 years in prison, a sentence that falls between the defense’s requested 6.5 years and the government’s proposed 40 to…