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YEY Points will serve as the experience platforms in-app points system.
Proof of Workforce Foundation and Careers In Government have teamed up to integrate Bitcoin into public sector employment practices, revolutionizing compensation and financial literacy.
Australia's Monochrome Bitcoin ETF is partnering with Hoseki to implement proof-of-reserves, becoming the first Australian spot Bitcoin ETF to provide daily verification of holdings.
The launch highlights a major initiative dedicated to recognizing and empowering female leaders in a traditionally male-dominated industry.
This weeks Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTXs repayment plan.
Meme coin Shiba Inu now finds itself trading between a narrow range of $0.000013 on the support side and $0.00001370 on the resistance side in the past 48 hours. This consolidation price action has emerged after a decline that saw SHIB fall from $0.00001600 in the last week of August. This notable decline has culminated with SHIB bouncing off support at $0.000013, which coincides with the 0.618 level on the Fibonacci extension indicator within a bearish trend that has persisted since April. While Shiba Inu has continued to battle this larger bearish trend on the monthly timeframes, crypto analysts are confident of a SHIB break to the upside. According to several technical experts, the fact that SHIB has maintained support at this crucial level without breaking lower is seen as a sign of resilience. Particularly, crypto analyst Javon Marks is confident of a SHIB recovery back to 2024 highs, especially as the meme coin has confirmed multiple bullish patterns with the RSI indicator. SHIB Recovery Still In Play Javon Marks’ analysis was noted in a social media post on X as an update to an ongoing SHIB analysis that dates back to September 2023. One of the key technical signals contributing to the analyst’s optimism is the Relative Strength Index (RSI), which has shown signs of bullish divergence. Related Reading: Litecoin Looks Poised To Explode As Grayscale Buys 10,000 LTC The RSI is a momentum indicator that measures the strength and speed of price movements. In SHIB’s case, the RSI, which has fallen massively from an overbought zone in April, recently retested its lowest point in the first quarter of 2024. According to Marks’, this retest is bullish for SHIB and is a massive sign for the resumption of overbought momentum. This momentum, in turn, would see SHIB rallying over 231% from the current price level to retest its $0.00003629. With the attainment of a new yearly high, this would open the doors for a continued rally close to SHIB’s all-time high. Looking ahead, Marks remains steadfast in his long-term target for SHIB, which he initially outlined in his first technical analysis back in September 2023. According to him, “the $0.000081 target is still in play.” The $0.000081 price point has been a central focus of Marks analysis since his initial coverage of SHIBs price analysis. To get to this price, SHIB would need to perform a 480% increase from the current price level. Current State Of Shiba Inu At the time of writing, SHIB is trading at $0.0000132. SHIB continues to steadily attract investor interest, with whale activity recently seeing a drastic increase. According to analysts at Santiment, the interest surrounding meme coins, including SHIB, has been really quiet in the past few weeks. Related Reading: Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold Santiment analysts believe that the low levels of activity and reduced market excitement could be signs that SHIB is approaching a bottom and laying the groundwork for a potential rebound. Featured image created with Dall.E, chart from Tradingview.com
The initiative aims to empower users and developers, drive financial inclusion, and strengthen the stability and utility of stablecoins on Celo.
The blockchain is designed to provide additional support for the crypto game.
Mastercard has launched a euro debit card enabling direct spending of Bitcoin and crypto from non-custodial wallets at its over 100 million merchants. The move reflects Mastercard's expanding efforts to bridge Bitcoin with its traditional payments network.
Key takeaways ZKB now allows its retail customers to buy, sell, and hold the two most popular digital assets: Bitcoin and Ethereum. Despite underwhelming market performance, Poodlana is up 26% in the last 24 hours. ZKB now offers retail customers BTC and ETH Switzerland’s fourth-largest bank, ZKB, now allows its retail customers to buy, sell, […]
The post Poodlana soars as Switzerlands ZKB bank now offers retail customers BTC and ETH appeared first on CoinJournal.
Blockstreams second Mining Note the BMN2 is designed much like the successful BMN1.
A Solana-focused program is set to equip students from the countrys top university with the skills and industry connections needed to thrive in the rapidly growing web3 space.
Fortune reports that Coinbase CFO said Kamala Harris is using Coinbase Commerce to accept cryptocurrency donations for her presidential campaign.
Binance has scheduled a wallet maintenance for BNB Smart Chain on September 5.
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.
Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment.
Kusho World has launched its Kusho Shop, allowing customers to purchase apparel using both cryptocurrency and fiat.
The challenge of keeping players satisfied with token rewards unravel in the latest airdrop of Hamster Kombat.
Kamala Harris has done nothing to confirm she will support or protect the industry so far, while her political opponent is going above and beyond for it.
Grayscale Decentralized AI Fund offers accredited investors exposure to AI projects like Near, Filecoin, Render, Livepeer, and Bittensor.
The post Grayscale opens decentralized AI fund to accredited investors appeared first on Crypto Briefing.
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