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As U.S. elections gear up, crypto businesses funnel funds into a political action committee, backing crypto -friendly candidates. Crypto exchange Coinbase, venture firms Andreessen Horowitz (a16z) and Electric Capital, as well as fintech company Ripple, have collectively contributed tens of million s of dollars to the Fairshake political action committee (PAC) in a bid to exert influence on U.S. policymakers and support crypto -friendly candidates, Bloomberg reports. According to statements from Josh Vlasto, a spokesperson for the PAC, Coinbase’s chief executive officer, Brian Armstrong, has personally donated $1 million to Fairshake, while Coinbase as a company has injected an additional $24.5 million into the lobbying group. Bloomberg’s report indicates that Armstrong and Coinbase together account for approximately one-third of the total $85 million raised by the PAC thus far. But the U.S.-based crypto exchange is not alone in its efforts to support crypto-loyal candidates. Fint

XRP risked dropping below the $0.50 support as sellers’ dominance increased. The AO was negative, indicating increasing downward momentum for the token. XRP formed an H&S pattern on the daily chart and could drop by another 15%. A comprehensive Analysis of Ripple’s (XRP) price action showed that the token had been confined between $0.49 and $0.53 since January 24. Despite some sideways movement, XRP has flashed a bearish sign, indicating that the token could continue to slip. Altcoin Daily, a crypto Analysis team, also shared a similar sentiment. According to the handle, XRP has lost its support, and a move below $0.50 could be possible in the short term. XRP just lost support. Every major moving average has flipped.$XRP now hovering just over 50¢. Are you following? pic.twitter.com/r0HEx7TkaL — Altcoin Daily (@AltcoinDailyio) January 31, 2024 XRP/USD 4-Hour Analysis After examining the 4-hour chart, XRP’s bullish prospects were almost no

In the ever-evolving realm of cryptocurrencies, Mike Novogratz, a seasoned figure in the crypto community, offers a bullish outlook for Bitcoin, contrasting with the bearish predictions by others following a positive SEC decision on Bitcoin ETF . Meanwhile, EOS and  InQubeta are poised for potential growth, marking a time of diverse expectations and opportunities in the crypto landscape. Novogratz Optimistic about Bitcoin’s Future The recent move by Grayscale to keep a 1.5% fee on its Bitcoin Trust ETF has got the crypto world buzzing with different opinions. Chris J. Terry, a well-known analyst in the space, isn’t too optimistic about Bitcoin‘s immediate future. He’s expecting some selling pressure that could make things a bit rocky. But then you have Mike Novogratz, who’s like a ray of hope in these uncertain times. He believes that even though there might be some initial sell-off in Grayscale’s Bitcoin Trust (G BTC ) holdings, it’s probably not going to las

Shiba Inu (SHIB) has several rags-to-riches stories, with early investors making millions by investing only a few thousand dollars. However, a small percentage of investors were smart enough to get into the memecoin just as it began trading and made billions in returns. If you had put $100 weekly into SHIB from Aug. 20, 2020, till the token reached its all-time high of $0.00008616 on Oct. 28, 2021, you would have put in $6,200. However, the portfolio’s value would have skyrocketed to a whopping $1.16 billion, with a growth of over 18,718,732% (more than 18 million percent). Also Read: Shiba Inu: When Can SHIB Reclaim its All-time High of $0.000086? Source: CryptoDCA However, if you had decided to continue putting in $100 weekly in Shiba Inu (SHIB), you would have invested $17,800 till now. The portfolio’s value would be worth $204 million. Although the value is far less than $1 billion, it is still a lucrative return on the investment, with a growth of over 1,146,001% (more

The Ethereum price rose 1.7% in the last 24 hours to trade at $2,312 as of 06:29 a.m. EST on trading volume that soared 40% to $9.62 billion. This comes as investment bank TD Cowen said approval of a spot Ethereum ETF in the US may not happen until late 2025 or early 2026.  📢 Spot Ethereum ETF approval 'unlikely until late 2025 or early 2026,' says Investment Bank TD Cowen#EthereumETF #Ethereum #ETH #Crypto pic.twitter.com/Cj9RFVyYVU — BNB Swap (@BNBSwap) January 30, 2024 “We believe there is no upside for SEC Chair Gary Gensler to approve a spot Ethereum ETF given how upset progressive Democrats were over the agency’s approval of a spot bitcoin ETF earlier this month, ” said TD Cowen Washington Research Group analysts led by Jaret Seiberg in a Jan. 29 note. “This is a political call.” The Ethereum Price Bulls Poised For A Bull Rally Above The Falling Wedge Pattern ETHUSDT Chart Analysis. Source:Tradingview.com The Ethereum price indicates a rebound from the lo

Cybersecurity company SlowMist analyzed social network X for malicious content. Scam sleuths came to the conclusion that over 80% of comments under publications of well-known projects are related to phishing software . In a report by SlowMist, scammers were found to be actively purchasing X accounts to use for scamming purposes. Users are usually sold in the Telegram messenger application, where there is an active market for this category of clients, experts claim. According to the study, attackers are typically offered a wide selection of accounts, among which there are accounts similar to the profiles of well-known crypto projects. Such a “product” may have a different number of subscribers and a long date of registration on the platform. After purchasing an account, scammers use advertising tools to increase trust on the social network. With their help, they increase the number of subscribers, likes and promote their profile on site X. Experts note that such services are off

My Crypto Journey reviews a low cap crypto project that is making headlines as it approaches the significant milestone of reaching $8 million in presale. As the crypto bull run takes center stage in 2024, meme coins and crypto gaming are reaching unprecedented heights. The latest trend to emerge is Meme Kombat, featuring meme-fueled battles between popular internet icons such as Dogecoin, Shiba Inu, Pepe, and more. Meme Kombat presale heats up, aiming for $8 million with high APY staking Crypto gaming has become a popular genre, captivating enthusiasts worldwide. Imagine witnessing well-known meme characters come to life in epic battles inside a virtual arena. Watch these iconic characters clash, earn the native token, and win exciting prizes, experiencing the thrill of participation—all through Meme Kombat, a unique platform offering both active betting and passive staking options designed for gaming enthusiasts. Meme Kombat, currently in its presale phase, has already garnered

Crypto traders are always on the hunt for the  best cryptocurrencies to buy  on any given day – we list some high-potential coins in this post. Beyond well-established cryptocurrencies, numerous altcoins demonstrate potential, presenting diverse investment opportunities. Recognizing the best cryptocurrency to buy now necessitates thoroughly comprehending market trends. Insidebitcoins is committed to delivering accessible insights and guiding investors through the complexities of the cryptocurrency market. Its goal is to assist investors in identifying growth opportunities and achieving success. Best Crypto to Buy Now As the next crypto rally approaches, strategic positioning becomes paramount. Keep a close eye on the most promising altcoins like Osmosis, Celestia, and Injective. TRON, too, has caught interest due to its potential profitability. Moreover, Osmosis has achieved a milestone, boasting 1.1 million active addresses since its inception. This milestone highlights the platfor

BRICS member China’s largest real estate developer Evergrande has been ordered to liquidate $300 billion in assets by a Hong Kong court on Monday. The property giant Evergrande was unable to offer a concrete restructuring plan becoming the world’s most indebted real estate developer. Evergrande failed to provide restructuring plans despite months of delay in several court hearings. Also Read: BRICS: Morgan Stanley Predicts Future of the U.S. Dollar However, Justice Linda Chan ordered to liquidate more than $300 billion in liabilities after noting Evergrande’s lapses in restructuring plans. “It is time for the court to say enough is enough,” said Justice Chan during her final court verdict. Evergrande ’s business operations will now make it harder to focus on its revival. “It is not an end but the beginning of the prolonged process of liquidation, which will make Evergrande ’s daily operations even harder,” said Gary Ng, Senior Economist at Natixis. Also Read: BRICS

Arena Games partners with Skale Network to bring Zero Gas Fees to a suite of Web3 Games. Arena Games stands out with its comprehensive ecosystem, supporting a wide range of games and game makers across various platforms, catering to every kind of player. The Arena Games has recently stated that they will be introducing their blockchain gaming knowledge to SKALE. The Skale Network is known for being the world’s quickest blockchain network. Exploring Arena Games’ Distinctive Features and Impressive Growth Arena Games stands out from the crowd with a range of exclusive Features . This includes a universal account and wallet integration that’s directly integrated into games. Additionally, Arena Games supports popular wallets such as Binance Pay and OKX Wallet, providing token swaps, staking, NFTs, and in-game marketplaces. Since its launch in July, Arena Games has experienced significant growth, with a growing user base and partner ships with major industry players. Why Arena Games Choose

The Bitcoin price soared 4.8% in the last 24 hours to trade at $41,875 as of 12:05 a.m. EST on trading volume that surged 102% to $21 billion. This comes as crypto analyst Jason Pizzino, with 307k YouTube subscribers, says that after Bitcoin hits $49,000 in the second half of this year, BTC and other cryptos will ”go ballistic,” along with the S&P 500, NASDAQ, and real estate prices.  “And then we really need to get serious about where we start to take profits,” he added Bitcoin Price Poised To Reclaim Previous High Above The Falling Wedge Pattern   The price of Bitcoin is showing signs of a bullish rally as it breaks out of a falling wedge pattern. The bulls found support on the upper boundary of the wedge at $39950, quickly rebounding resulting in a push upward in the price. Despite the bullish move, the bulls still face a hurdle with the 200 simple moving average (SMA) support, but the 50 SMA on the 4-hour chart supports the Bitcoin price trading at $40,762  The Relativ

The UMA price surged by 17% in the last 24 hours to trade at $5.64 as of 4:30 a.m. EST on daily trading volume that soared 52% to $245.7 million. The token is up by 43% in the past seven days after hitting a weekly high of $7 on Jan. 23. The token’s surge in the last 24 hours comes as a recovery from a dip seen after hitting the weekly high. UMA recently introduced a novel product called Oval, designed to optimize the use of Oracle data by DeFi protocols, which might be one of the reasons behind its recent price surge. The new tool essentially changes how protocols manage oracle-based MEV, which can ensure greater efficiency and fairness in the Ethereum blockchain’s profits Lending protocols lose hundreds of millions of dollars to MEV. It's time to capture that value. Built with @chainlink Data Feeds and Flashbots, Oval is now live. 🥚 🧵 pic.twitter.com/lPJRuBS8Gt — UMA 🥚 (@UMAprotocol) January 23, 2024 Simply put, Oval aims to redistribute profits back to DeFi protocol

Market drawdowns are part and parcel of the bull market, and investors want to use these opportunities to spot frontrunners. Demand is waiting for dips if markets are dumping and tokens are performing well. These become the fastest movers in bullish conditions. Bidding strong altcoins today unlocks better gains tomorrow. Then what crypto can you buy today? Realistically, investors are spoilt for choice with dozens of solid altcoins , but Chainlink (LINK) and Galaxy Fox ($GFOX) are especially notable. LINK pumps as market dumps , and the GFOX presale smashes the $3 million mark. Chainlink (LINK) pumping as market dumps  Chainlink is a blockchain abstraction layer that powers nearly all of DeFi with its Oracle services. This network feeds external data into smart contracts, and LINK is the top crypto to buy for investors interested in pick-and-shovel plays. While the market dumps, Chainlink has been pumping, and investors want exposure to the interoperabili

Beam wallet has acquired Join, an app that allows users to shop and pay with stablecoins anywhere. The acquisition allows Beam wallet users to shop online at Amazon and Shopify among other merchants and pay using stablecoins. Beam has announced early access, with roll out expected in February. Eco, the developer of self-custody wallet Beam, has announced its acquisition of Web3 app Join, making it possible for Beam users to shop and pay for purchases online at Amazon and Shopify using stablecoins. According to an announcement the Beam wallet team made on Thursday, the acquisition of Join brings checkout onchain. This facilitates a better shopping experience for users without compromising on the benefits of decentralization, the platform said in a threat on X. 1/ BIG NEWS: we’ve acquired @join to enable shopping online with Stablecoin s. It’s time to bring checkout onchain. No more waiting for the rest of the world to catch up. Want to be the first to sp