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The cryptocurrency market has recently seen its fair share of volatility as PR ices for various digital assets have fluctuated dramatically. Among the coins that have recently been making headlines are Shiba Inu (SHIB), Collateral Network (COLT), and Dogecoin (DOGE), all of which have seen im PR essive gains of 30% or more in just a few days. Crypto analysts have noticed these surges, paying close attention to the market and updating their outlooks on these assets. In this article, we’ll look at the latest updates from crypto analysts on SHIB, COLT, and DOGE and what investors can expect in the coming weeks and months. BUY COLT TOKENS NOW Shiba Inu (SHIB) With a market worth of $6.6 billion, it is the 14th highest-valued crypto network globally. This was mainly made possible by the founding team’s brilliant marketing strategy to spark interest in the neighborhood. Getting referred to by Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk was also beneficial. S...

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor of National Currencies The Shanghai Cooperation Organization (SCO) is preparing to move away from the U.S. dollar and switch to settlements in the national currencies of its member states. In an interview with the Belarus 1 state TV channel, the bloc’s Deputy Secretary General Grigory Logvinov stated: A roadmap for the transition to settlements in national currencies is being developed. Also quoted by the Interfax news agency, the Russian diplomat emphasized that efforts in that direction are “serious and substantive.” “The process is far from simple because, unfortunately, the dollar as a world reserve currency is too deeply embedded, including in national...

Owing to the sluggish market conditions, Shiba Inu’s trading volume has been on a downtrend. As analyzed a couple of days back, this metric dropped to a four-month low. On Wednesday, Shiba Inu’s average 24-hour trading volume reflected a value of $119 million. The market was devoid of momentum even on Friday, April 28. At press time, the overall crypto market cap remained stagnated around the $1.21 trillion mark. Over the past 24 hours, it registered a mere 0.6% incline. Well, such was the state of Shiba Inu as well. After noting a negligible 0.1% rise over the past day, SHIB was seen exchanging hands at $0.00001028. Leaving aside the horizontal price movement, the malnourished trade volume continues to plague SHIB. At press time, the 24-hour trade volume stood at $106.47 million, a level even lower than Wednesday’s number. The suppressed volume indicated that market participants are currently steering away from Shiba Inu. At this indecisive juncture, they are perhaps waiting f...

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of the firm’s public listing via its S-1 filing. Coinbase asserted in its response to the SEC that it is the “innocent investors who stand to lose the most from the commission’s abrupt about-face.” Coinbase Responds to U.S. Securities Watchdog’s Wells Notice Coinbase’s CEO, Brian Armstrong, presented his company’s response to the U.S. securities regulator on Thursday, divulging their Wells response. In direct opposition to the SEC’s enforcement actions, Coinbase maintains a firm disagreement, while the correspondence made it clear that the regulator should have been aware of this stance when Coinbase went ...

Join Our Telegram channel to stay up to date on breaking news coverage With the use of text-based instructions, users of the new presale cryptocurrency AiDoge could create AI-generated memes. AiDoge is making things better by automating the process of making memes. Based on recent happenings in the crypto market, users can instantly produce entertaining and timely memes. potential ?!) Forget ArbDoge & ArbInu..." width="640" height="360" src="https://www.youtube.com/embed/BYi4F6wnA6w?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen> What is AiDoge The AiDoge platform offers users an AI-driven meme-generating experience while adjusting to the constantly shifting cryptocurrency space. It uses cutting-edge AI technology to generate pertinent memes from user-provided text prompts. The text-based prompts, the AI-po...

Blockchain analytics firm Arkham Intelligence has denied playing a role in the flash crash that saw Bitcoin fall 7% in less than an hour. The price of Bitcoin (BTC) nosedived roughly 7% in just one hour, falling from $29,850 to $27,789, which media outlets reported was due to blockchain analytics firm Arkham Intelligence incorrectly sending out an alert that wallets linked to Mt. Gox and the U.S. government had begun shifting large sums of Bitcoin.  Arkham initially tweeted to confirm the alleged mistake had occurred as a result of “bug fix” which sent out a false alert on their analytics platform to a “small subset of users.” The alert was subsequently tweeted by the popular crypto news alert account DB or Tier10k. [DB] Mt Gox and US Govt Wallets Making Transactions: Arkham Alert — db (@tier10k) April 26, 2023 However, one hour later Arkham published a follow-up tweet claiming that it had “conducted an investigation of the DB Alert situation, and determined that the Arkham alerts...

Lookonchain in a tweet on March 7 revealed that Vitalik Buterin is selling mostly free shit coins he received to the wallet address 0xAb58…9B. At present, he has already sold 50 billion MOPS for 1.25 ETH, 10 billion CULT for 58 ETH, and 500 trillion SHIK for 380 ETH. Furthermore, Vitalik Buterin has sold 3.4M BITE for 5.9 ETH. He has also transferred 214 ETH worth $337k to EthDev Crypto Twitter Reaction Vitalik Buterin Dumping Shitcoins Crypto Twitter is disappointed with Vitalik Buterin for selling shit coins he owned as it is impacting these low-value projects and investors who own these. Others are angry over projects sending free tokens to Vitalik. SHIK price fell 95.8% after Vitalik dumped the token. Vitalik Buterin is aware that selling free shit coins can tank prices and drain liquidity massively. Some believe he is selling to cover the expense, as these will count as income on his tax sheet. Trending Stories ETH Price Pre...

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta Explains Digital Euro Payment Focus Fabio Panetta, a member of the executive board of the European Central Bank, announced that the digital euro project, an initiative that seeks to digitize Europe’s fiat currency, was reaching its final stages of research, and stated that one of the first goals of the project is to establish it as a universal payment method. In an introductory statement given on April 24 before the committee on economic and monetary affairs of the European Parliament, Panetta explained that there was no single digital means of payment across the European Union. Panetta stated: We have been investigating th...

Join Our Telegram channel to stay up to date on breaking news coverage Russia has announced that it will be launching a new payment system that is free from any restrictions.  Russian Finance Minister Anton Siluanov disclosed that a new payment system would soon be launched, allowing for the unrestricted use of digital currencies in international payments. The new payment system is based on modern technologies, including digital financial assets and currencies.  Siluanov also mentioned that the potential use of digital currencies in cross-border payments is currently under discussion, and in the future, the focus will be on utilizing currencies such as the digital ruble, the digital yuan, and other similar digital currencies. This new system will enable the use of digital currencies for cross-border payments, and once two parties agree and make settlement payments, no other country will have the ability to intervene and freeze the payments. No Restrictions on the New...

Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had “moved on to other things” and confidently asserted that the project was entrusted in “good hands.” Behind the Bitcoin Curtain: The Final Correspondence of Satoshi Nakamoto Following the creation of Bitcoin and the initial implementation of the technology, the enigmatic Satoshi Nakamoto vanished from the public eye in December of 2010. The last public message from the elusive innovator was issued on December 12th of that year, in which Nakamoto underscored that “there’s more work to do on [denial-of-service] DoS.” Subsequently, Nakamoto corresponded with a few of the developers behind Bitcoin, including Mike Hearn and Gavin Andresen. Hearn received an email from Nakamoto on Apr...

Join Our Telegram channel to stay up to date on breaking news coverage Shiba Inu has dropped 0.75% over the last 24 hours to $2.63, as crypto market participants scramble to salvage their investments as crypto prices continue their downward trend. The Shiba Inu price may sustain the uptrend if it clears the supply zone sealed by the 50-day and 100-day Simple Moving Averages (SMAs). Shiba Inu has been coiling above a descending parallel channel, implying that the upside is not over. However, because the technical setup for the upside had not yet been confirmed, there was still hope of a rebound for the notorious meme coin. Let’s analyze the technical outlook after the recent downturn and see what factors could lead to a recovery soon. Reasons Why Shiba Inu Price Will Remain Bullish Shiba Swap’s  BONE Listing On a Dubai Crypto Exchange Although SHIB has dark clouds hanging over its price action, positive news about listing a related cryptocurrency on a Dubai c...

XRP Price Prediction: Amid the recent correction in the XRP price, the coin holders witnessed a 25% loss from the peak of $0.585 over the last three weeks. This bearish pullback plunged the coin price to 61.8% Fibonacci retracement level at $0.44 support. In theory, this FIB level is a watchful mark as the price driven to such a low level also indicates weakness in bullish momentum. Thus, the recent uptick in the XRP price doesn’t confirm the resumption of bullish momentum. advertisement Key Points: A long-coming ascending trendline is the key support holding the bullish outlook in XRP price. A new resistance trendline directs the ongoing correction phase The intraday trading volume in the XRP is $479.5 Billion, indicating a 39% loss. Source- Tradingview On April 22nd, the XRP price rebounded from the combined support of $0.44 and 61.8 FIB level with a bullish piercing candle. This reversal candle at strong support increases the p...