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Shiba Inu community members have alerted users of an incorrect link belonging to the Treat token that Crypto.com inadvertently shared. Treat is an upcoming ecosystem token, that has not yet been launched. The SHIB member urged users to exercise caution and avoid being ensnared by misleading links or spoofs designed to defraud users. As per community […]
The Shiba Inu community is on edge. They’re waiting for the TREAT token. Lucie, a member of the Shiba Inu team, has an important message for everyone. “Good TREAT takes time,” she tweeted. “Not launched yet, but stay focused. Good SHIB, along with BONE and Leash, deserves genuine treatment. Stay safe.” Lucies words are clear. […]
The highly anticipated Play-to-Earn (P2E) collectible card game from the Shiba Inu ecosystem, Shiba Eternity, is inching closer to launch. Lucie, the marketing lead for Shiba.io, has taken to X (formerly Twitter) to tease new details about the upcoming game. Lucie stated that Shiba Eternity would launch on Shibarium- the Shiba Inu blockchain. $TREAT tokens, […]
Dispelling all rumors, the Shiba Inu team has confirmed that one of its upcoming ecosystem tokens, Treat, has not been launched. Amidst upcoming developments, deceptive campaigns circulate, falsely announcing the stealth launch of the TREAT tokens. These misleading tactics not only generate unwarranted excitement but also spread scams and misinformation about the tokens. It is […]
The Shiba Inu team has concluded a $12 million deal into their latest project, a Fully Homomorphic Encryption [FHE] blockchain, powered by TREAT token. The investment round was led by prominent venture capitalist Cypher Capital. FHE is a privacy tool that enables developers to process data on untrusted domains without decrypting it. The FHE integration […]
The Shiba Inu team has raised $12 million through the yet-to-be-released TREAT token to facilitate an upcoming layer-3 (L3) privacy…
The post Shiba Inu To Build New L3 Privacy Blockchain first appeared on The Crypto Basic.
The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB. Finder, a US-based information service, released a new quarterly report featuring price predictions for Shiba Inu in 2025. The report is based on a comprehensive survey conducted in January 2025, during which 26 crypto industry specialists shared their insights on Shiba Inus potential price by the end of 2025 and its projected performance through 2035. Diverging Opinions On SHIB Price In 2025 According to the panel, Shiba Inu is forecasted to reach an average price of $0.0000399 by years end, marking an 84.3% increase from its January starting point of about $0.00002165. For its long-term price projection, the panel predicts that the popular meme coin will see a steady rise in the following years, erasing one zero to reach $0.0001971 by 2030 and $0.0008543 by 2035. Related Reading: Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1 Heres Why Gracy Chen, the Chief Executive Officer (CEO) of Bitget, a crypto exchange, is among the most bullish voices among the panelists for the Shiba Inu price outlook. Chen cites SHIBs positive technical indicators and recent support/resistance developments as signs of an ongoing bullish trend. She projects that the Shiba Inu price could hit a new target of $0.00006 by year-end. This represents 445.45%. Increase from the meme coins current market value of $0.000011. Similarly, Ruadhan O, founder of Seasonal Tokens, sees SHIB closing 2025 at $0.00005, though he warns of Dogecoins enduring dominance in the space. He believes that Dogecoin will most likely take the spotlight away from SHIB, making it unlikely for it to reach a new all-time high this year. Notably, not all panelists share the same bullish optimism for Shiba Inu. John Hawkins, a senior lecturer at the University of Canberra, projects that the price of SHIB will crash significantly, losing half of its value in 2025, falling to as low as $0.00001. His bearish prediction stems from the belief that meme coins could experience a similar decline to that of Non-Fungible Tokens (NFTs). Hawks points to broader macro trends like US President Donald Trumps political influence and Bitcoins dominance as key barriers that would limit meme coins’ growth. Shiba Inu And Dogecoin Rivalry Continues Despite the majority of Finders panelists having significantly bullish projections for the Shiba Inu price, 79% of them agree that SHIB will never surpass Dogecoin in market capitalization. Sathvik Vishwanath, the CEO of Unocoin, believes SHIBs substantial circulating supply currently and speculative nature limit its long-term bullish prospects. This is despite its rapidly evolving ecosystem, which includes innovative projects like ShibaSwap and the upcoming TREAT token. Related Reading: Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin When asked whether now is the right time to buy, sell, or hold SHIB tokens, the panel was divided: 57% recommended holding, 13% advised buying, and 30% suggested selling. In addition, opinions on Shiba Inus current valuation were mixed. 48% of the panel believed that SHIB was overpriced, while 44% stated that it was fairly priced. Ronen Cojocaru, the CEO of 8081 Inc., was among the most bullish panelists. He forecasted that SHIB could hit $0.00000743 by year-end, although he acknowledged that Shiba Inu is currently overpriced. Featured image from Pixabay, chart from Tradingview.com
The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking Supervision’s new banking standards for crypto-asset exposures. Staying Abreast With [...]
The post Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’ appeared first on Crypto Breaking News.
U.S. President Joe Biden's fiscal 2024 budget plan proposes a crackdown on crypto wash sales and a doubling of the capital gains tax for certain investors, which could raise $24 billion. The proposed changes to crypto tax treatment aim to reduce the deficit by nearly $3 trillion over the next decade. The budget proposal seeks to eliminate the tax-loss harvesting strategy used by crypto traders, which allows them to sell assets at a loss for tax purposes before immediately repurchasing them. The proposal also aims to raise the capital gains tax rate for investors making at least $1 million to 39.6%. (Read More)
Band Protocol (BAND/USD) has pulled back in the past few days as the recent crypto rebound fades. The token retested the important support at $2, which was a few points below the year-to-date high of $2.37. This price is about 100% above the lowest point in 2022. Total Value Secured shrinks Band Protocol is a ...
<p>The post Band Protocol price forms a small double-top as TVS retreats first appeared on CCNC.</p>
Avalanche’s (AVAX/USD) DEX volume is struggling even as DeFi protocols stage a comeback in 2023. These trends point to significant challenges in the ecosystem as it attempts to take market share from the likes of Ethereum, BNB Chain, Polygon, and Arbitrum. Avalanche DEX volume retreats Avalanche is one of the top Ethereum-killers in the industry. ...
<p>The post Avalanche price rebounds even as DEX and NFT volume retreats first appeared on CCNC.</p>
Pouch.ph and Coins.ph are co-host the first Bitcoin Island Retreat Conference in Boracay Island, Philippines this March.
The post Pouch.ph, Coins.ph to Co-Present Boracay Bitcoin Conference appeared first on BitPinas.
Bitcoin (BTC/USD) has retreated by more than 2.5% in the past 24 hours, dropping below the $19,000 level again.
However, while the overall picture remains one of massive accumulation as seen over the past several weeks, and which continues to be the case given bulls are holding near the critical support zone marking 2017 bull cycle high, price is below $19,000.
On Thursday morning, Bitcoin traded to lows of $18,652 on major cryptocurrency exchanges as shown by data on CoinGecko, marking another dip ahead of key US inflation data. As such, BTC’s weekly range high of around $20,240 leaves the current price levels nearly 8% lower and vulnerable to fresh dips if markets erupt chaotically to the inflation data out this morning.
Crypto analyst Michael van de Poppe notes the market anticipation around CPI as the reason for today’s downside for Bitcoin and other cryptocurrencies.
People are literally so scared for CPI, that's why the markets are showing this reaction.
— Michaël van de Poppe (@CryptoMichNL) October 13, 2022Markets await US inflation dataWhile Bitcoin holds the key levels below the $20k mark, a dump across the equities market could mean further losses for BTC. The outlook follows a potential flip into sell mode for stocks if investors glean from today’s data that price pressures are set to remain elevated.
As well as being an indicator of whether the US Federal Reserve will go for a fourth straight higher interest rate or not, an uptick in Core CPI – which omits food and energy – would boost not just the dollar but also Treasury yields. This could add to sell pressures in the risk asset markets, including crypto.
Analysts expect the September CPI data to show a tick down from 8.3% to 8.1% year-over-year, but the annual ‘Core’ reading is anticipated to go up from 6.3% to 6.5%. While these data points are anticipated, the potential for even a little beat or miss could mean fresh downward moves.
The downward possibility is also there given yesterday’s Producer Price Index (PPI) that showed a month-on-month growth of 0.4% against expected 0.2%.
The PPI and CPI tend to head the same direction, suggesting a CPI release with MoM of over 0.2% will likely spook investors.
The post Bitcoin price retreats below $19,000 ahead of highly anticipated CPI appeared first on Invezz.
Shiba Inu layer 2 blockchain platform Shibarium, has witnessed a notable surge in transaction activity carried out on the platform, with its daily transaction performance reaching a new monthly high. Shibarium Daily Transactions Skyrocket The number of transactions on the layer 2 blockchain has skyrocketed since Shibarium was introduced, surpassing multiple noteworthy benchmarks. Recent data from Shibariumscan has revealed an uptick in daily transactions, soaring to about 3 million. Related Reading: Shiba Inu Ecosystem Soars: Shibarium Hits Crucial Milestone The rise in daily transactions to the coveted 3 million milestone marks the highest the network has seen this month. This comes weeks after the number of daily transactions on the network plummeted to about 1.07 million. Consequently, the notable rise showcases how quickly Shibarium has spread and gained widespread recognition in the past few weeks. This appears to be a significant development. However, it is still below the highest level it recorded in December. Shibarium has seen large increases in network activity before when its daily transactions reached a peak of around 7.5 million. After crossing the 7 million mark, it managed to maintain above this level for a month before dropping by almost 50% in January. Data from the Shibarium tracker also shows that the network has reached a major milestone in its overall transactions. According to Shibariumscan, the total number of transactions recorded on the platform since its launch has surpassed 357 million. It is worth noting that Shibarium’s performance goes beyond the network’s transactions. There have been over 3.27 million blocks processed on the blockchain, suggesting a crucial increase in demand for scalable features. Furthermore, the overall number of interacting wallet addresses recorded in the network has now crossed 1.35 million. In addition, the network utilization is up by over 51%, indicating an increase in adoption. Due to this sharp rise in Shibarium network activity, investors’ interest in Shiba Inu is expected to increase. Hence, it buttresses all other projects and crypto assets in the SHIB ecosystem. Shiba Inu Team To Burn Top Shibarium Tokens Lucie, Shiba Inu’s head of marketing, has revealed the team’s plan to burn SHIB and several other top Shibarium tokens. She took to the X platform to share the development with the SHIB community. Related Reading: Shiba Inu Team Teases Next Big Thing As Big Money Eyes SHIB Lucie noted that funds made from the sale of the new NFT collection Shiboshis will be used to burn the tokens. These include Shiba Inu (SHIB), Bone ShibaSwap (BONE), LEASH, TREAT, and SHI. Specifically, any Shiboshis that the holders fail to claim will be sent to Uniswap for sale. Then, the Shiba Inu team will use 10% of the total realized funds from those sales to burn the tokens. 4% of the funds will be set aside to burn BONE, LEASH, TREAT, and SHI, while 6% will be used to burn SHIB. Featured image from iStock, chart from Tradingview.com
Montenegro’s court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense. Do Kwon Sentenced to 122 Days in Prison, Defendant Has 8 Days to Appeal According to the Montenegrin court, [...]
The post Terra’s Do Kwon Receives 4-Month Jail Sentence in Montenegro for Counterfeit Passport Usage appeared first on Crypto Breaking News.
Shytoshi Kusama, the lead developer of Shiba Inu has reinforced his optimism about the evolving nature of the cryptocurrency landscape. In particular meme coins, once dismissed as mere internet jokes, have transformed into serious contenders in the blockchain ecosystem. Responding to a tweet by MoonCapital CEO, Kusama stated, “Too slow in my opinion. But happy […]
Shiba Inus TREAT token launches on Bitget, KuCoin, and Gate.io with a total supply of 10 billion and a daily trading volume of $15.7M.
Breaking Shiba Inu news: The highly anticipated layer-2 solution Shibarium, along with other groundbreaking developments, is set to be unveiled at the upcoming Blockchain Futurist Conference and ETHToronto. Shiba Inu’s lead developer, Shytoshi Kusama, revealed in a new blog post today that these events will serve as platforms for showcasing Shibarium along with the finalized Worldpaper, introducing SHIB-branded projects, and shedding light on Treat. Sweet August For Shiba Inu Army Scheduled for August 15-16, 2023, ETHToronto and the Blockchain Futurist Conference will provide the perfect backdrop for Shiba Inu’s grand unveiling. ETHToronto is the official hackathon of the Blockchain Futurist Conference and a huge event for the entire Ethereum ecosystem. Related Reading: Recent 800 Billion Shiba Inu Dump Has Short Traders Worried – Here’s Why As the title sponsor, Shiba Inu solidifies its position as “a major player in the crypto space”, as emphasized by Kusama in the blog post. Remarkably, the release date aligns with SHIB’s approximate 3-year anniversary and being the birthplace of Eth. The SHIB community can expect an immersive experience, featuring presentations, demonstrations, and discussions that will reshape the future of Shiba Inu’s decentralized finance and governance. The highlight of these events will undoubtedly be the introduction of Shibarium, the highly anticipated cornerstone of Shiba Inu’s ecosystem. Shibarium aims to push the boundaries of scaling Ethereum, providing innovative solutions for the Shiba Inu community. The long-awaited L2 holds immense potential for revolutionizing the Shiba Inu ecosystem. Remarkably, the event is not only about Shibarium. As part of the events, all SHIB-branded projects will be unveiled, showcasing the project’s commitment to building a diverse and vibrant ecosystem. These projects, including Shib the Metaverse, Shibacals, Shiba Eternity, and Shiboshis, represent the multifaceted nature of Shiba Inu’s vision. As Kusama writes, there will also be new partnerships announced with Unification and Bad Idea.Ai. Furthermore, all projects that expressed interest in building with Shibarium Tech will be showcased at the conferences. Related Reading: Shiba Inu Records Surge In Daily New Addresses In Q2: A Sign Of Growing Interest? Shiba Inu’s lead developer also emphasized the significance of Treat, a pivotal component of the project’s governance framework. At the Blockchain Futurist Conference, Treat will be publicly detailed for the first time. The SHIB army can expect comprehensive insights into Treat’s functionality and its role in empowering the decentralized ecosystem. Kusama stated: At this venue [Blockchain Futurist Conference]], the finalized Worldpaper will be showcased, all Shib-branded projects will be unveiled, and Treat will be detailed publicly for the first time. Additionally, discussions and potential releases of the long-awaited L2 Shibarium are highly likely. SHIB Is Up 3% With the news, the countdown to the eagerly awaited Blockchain Futurist Conference, where Shiba Inu will take center stage, has begun, and with it, possibly, a renewed SHIB hype. At press time, SHIB was trading at $0.00000758 and has risen around 3% since the publication of Kusama’s blog post. This puts the SHIB price on the verge of a possible breakout from the downtrend channel that has been in place since early February. A significant rise above $0.000008 towards the 38.2% Fibonacci retracement level ($0.00000831) and a subsequent breakout above this resistance is needed to avoid a fakeout. Featured image from iStock, chart from TradingView.com
Former Philippine Solicitor General and current Silliman University Dean Florin Hilbay shares his optimistic view on Bitcoin, calling it "the only real money for the 21st century" during the Bitcoin Island Retreat.
The post Former Solicitor General Florin Hilbay Explains Why He is Bullish on Bitcoin appeared first on BitPinas.
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