The cryptocurrency market continues to maintain its volatile momentum, and the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future. According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.00003 by April 15, 2024. Based on indicators like Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD), this prediction says that the…
Author: Web3 Daily Press Staff
In this article, we highlight the top cryptocurrencies to watch in April, focusing on their potential for investment ahead of the Bitcoin halving. We explore key tokens like Ethena, Toncoin, and VeChain, each showing promising developments that could shape their market trajectories.Promising Cryptocurrencies to Invest in NowEthena (ENA)Ethena has emerged as a novel player in the cryptocurrency market, offering a synthetic dollar protocol, USDe, on the Ethereum blockchain. Unlike traditional stablecoins tied to fiat currencies, USDe is backed by a basket of cryptocurrencies, ensuring more robust market alignment. Recently, ENA has seen a significant rally, soaring from $0.62 to $1.50…
Wally Adeyemo, Undersecretary of the U.S. Treasury, released an official statement saying Russia is increasingly resorting to alternative payment methods, such as the stablecoin Tether (USDT), to evade sanctions and sustain its military operations. The hearing, titled “Countering Illicit Finance, Terrorism, and Sanctions Evasion,” marks the committee’s second discussion on the topic within the last six months. Russia Employs Tether to Evade Sanctions In his testimony, Ademayo shed light on the exploitation of crypto assets by terrorist groups and rogue states to obscure their financial activities. He noted instances like al-Qaeda’s Bitcoin use and transactions between Islamic Revolutionary Guard Corps-Quds…
Last updated: April 13, 2024 11:14 EDT | 3 min read Toncoin (TON) recently experienced a price jump after announcing its collaboration with Telegram. On the other hand, Polkadot price witnessed a bearish momentum amid increased volatility, although experts are optimistic about Polkadot’s (DOT) prospects.Meanwhile, Algotech (ALGT) has been a topic of interest among smart investors as it guarantees an 87.5% ROI. Explore how Algotech (ALGT) compares to Toncoin (TON) and Polkadot (DOT).Algotech’s (ALGT) Presale Momentum Captures Market AttentionAlgotech (ALGT) is a new presale crypto prioritizing accountability within its trading processes. This capability allows for thorough verification and validation of…
Polygon maintained high NFT trading volumes over the past month Both revenue collected and activity soared across the network Polygon [MATIC] has solidified its standing as a powerhouse within the realm of NFTs. Despite heightened attention directed towards competing ecosystems in recent months, Polygon has steadfastly maintained its dominance in the NFT sector. NFTs save the day In fact, Artemis’ data indicated that Polygon was ranked third in terms of NFT trading volume on the charts. Due to the popularity of its NFT ecosystem, the protocol even managed to surpass established networks like Bitcoin and Arbitrum on the front. Source:…
Bitcoin BTC has fallen sharply after Israel’s military said Iran had fired “dozens” of drones toward it in a retaliatory attack. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of bitcoin’s looming halving earthquake! The bitcoin price has dropped toward $60,000 per bitcoin, down from over $70,000 per bitcoin earlier this week, after the Iranian Revolutionary Guard said it launched “dozens of drones and missiles” at Israeli territory. The bitcoin price crash dragged down the wider crypto market, hitting top ten coins ethereum, BNB BNB , XRP XRP , solana…
Eric Chen and Alber Chon — two CHADS who introdused world Injective in 2018Interview with Injective’s founders by Binance labsThese Guys are insane! if you see them just RUN — they will sweep away everything in their path, to build a strong and robust construction site for Web3 BUILDing!Injective Blockchain has achieved sky high scalability since its dawn, including the introduction of a mainnet, a testnet, and finally a rebranding, all while sustaining remarkable speed and providing an impeccable user experience. Notably, prominent cryptocurrency backers such as Binance Pantera, Jump Crypto have supported Injective, further solidifying its role as a…
The crypto market is on the brink of a transformative launch with Scorpion Casino, while established projects like Chainlink and the vibrant Pepe Coin continue to shape the landscape. As we edge closer to Scorpion Casino’s launch, it’s crucial to understand how it compares and contrasts with these other crypto entities, highlighting the unique investment avenues each offers. Scorpion Casino: Revolutionizing Crypto Through iGaming As the crypto landscape brims with the excitement of meme coins and established protocols like Chainlink, a groundbreaking event is on the horizon. Scorpion Casino is stepping into the arena, not just as another crypto project…
Cardano’s co-founder Charles Hoskinson made an analogy about the United States Internal Revenue Service (IRS) hurting taxpayers in the country. In a social media post on X (formerly Twitter), Hoskinson described the present state of the crypto market likening it to the historical sell-offs that take place when taxes are due. “Every year, there is a large asset sell-off for April 15th as taxes are due. Then the IRS (represented as Ivan the Terrible here) ponders why it killed its own son (you the taxpayers).”Hoskinson’s Tax Deadline Sell-offsThe crypto market faces plunging figures in the last 24 hours due to macroeconomic…
With the current volatility affecting both Avalanche (AVAX) and Ethereum Classic (ETC), the AVAX price and ETC outlook have caused concern among investors, prompting a search for more stable opportunities. In this environment, Scorpion Casino (SCORP) emerges as a notable contender. This GameFi project, recognized for its growth potential and appealing to crypto millionaires, has quickly garnered significant interest. Its presale, ending on April 15 has significantly heightened enthusiasm for SCORP as a top market choice. Use Bonus Code: Launch20 to get an additional 20% $SCORP Scorpion Casino (SCORP): A Game-Changing Presale Phenomenon Scorpion Casino’s presale has captivated the market,…