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CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month. Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss. “ The 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33. Selling now will result in a loss of ~$1 million.” Source: Lookonchain/X On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture. “ The amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested ...

Shiba Inu is currently trading around the $0.000017 mark on Tuesday and is up by nearly 2% in the charts. On the other hand, Bitcoin is hovering around the $61,054 mark and is down by 2% in the day’s trade. Both Shiba Inu and Bitcoin are looking to climb up in the indices and deliver profits to investors. Also Read: Shiba Inu To Reach 62 Cents? Here’s When SHIB Could Hit $0.62 Robert Kiyosaki, Author of the best-selling financial self-help book Rich Dad Poor Dad has predicted that Bitcoin could reach a price target of $350,000. So if Bitcoin reaches $350,000, what will Shiba Inu’s price be? In this article, we will provide a hypothetical price for SHIB if BTC hits the $350,000 milestone. What Will Shiba Inu’s Price Be if Bitcoin Reaches $350,000? Source: Watcher Guru Bitcoin is currently trading around the $61,000 mark and needs to rise approximately 475% to reach $350,000 price target. SHIB mostly moves in tandem with BTC’s price and replicates its price perform...

21Shares has now officially filed paperwork in hopes of launching a Solana (SOL) exchange-traded fund (ETF). The fintech firm submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday for the “21Shares Core Solana ETF,” which would trade on the Cboe BZX Exchange if approved. Three years ago, 21Shares’ European affiliate launched the world’s first Solana ETF in Europe, the 21Shares Solana Staking ETP (ASOL). The financial product has more than $846 million in assets under management as of June 27th. The fintech firm says the recent SEC filing is “essential for democratizing access to crypto in the US.” “We believe this is a necessary step for the crypto industry and it holds true to our mission to bring to market easily accessible financial products centered around crypto assets.” 21Shares is the second firm to file for a SOL ETF in the US this week. On Thursday, the investm...

Even though crypto was left unmentioned in last night’s first 2024 US Presidential debate, memecoins based on the candidates’ likenesses have responded strongly. Last night, millions of Americans tuned in to watch the first of two debates between Republican candidate Donald Trump and incumbent Democratic President Joe Biden. The two candidate’s crypto stances have been a matter of hot debate within the digital asset community. While Trump has billed himself as “The Crypto President”, Biden’s campaign has taken heat for what is perceived as a hostile stance against the industry, along with the administration’s close connections to Gary Gensler. Despite the conversation surrounding crypto leading up to last night’s debate, neither Bitcoin (BTC) nor crypto was mentioned. Regardless, two memecoins based on the candidates’ likenesses responded dramatically to the debate. MAGA (TRUMP), a memecoin that recently cras...

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital asset. The current situation raises questions about whether this downturn signals a prolonged decline or if it is merely a temporary setback before a potential recovery. Related Reading Can Terra Classic Rise From The Ashes? Analyst Foresees 1,500% Price Increase 1 day ago Despite the price decrease, some analysts remain optimistic about Ethereum’s prospects. Prominent cryptocurrency analyst Yodhha has identified technical patterns that may indicate a forthcoming reversal in Ethereum’s fortunes. ETH in the read in the last week. Source: Coingecko Ethereum: Signs Of Potential Reversal?...

In striking contrast to competitors like Slothana and Hedera,  MoonBag has emerged as an example of creativity and success in the rapidly shifting cryptocurrency world. Once praised for its eco-focused programs, Slothana has struggled to maintain momentum amid innovative ventures that find it difficult to acquire traction due to market volatility and regulatory concerns. In the meantime, MoonBag has risen to prominence thanks to its clever marketing and status as a meme coin. This has drawn a thriving community of interested investors who view it as a more promising investment prospect. Hedera, which is renowned for its stability but has come under fire for its lack of short-term price volatility, is nothing compared to MoonBag's potential for dynamic growth. MoonBag offers investors an incredible return on investment (ROI) at its current presale price of $0.0003, with forecasts skyrocketing to $0.003 upon launch—a dramatic contrast to the conservative returns given by He...

Author: OKX WEB3, WTF Academy Translation: WuBlockchain Classic Theft Cases Faced by Airdrop Hunters and How to Prevent Them 1. Fake accounts posting false airdrops. User A was browsing a popular project’s Twitter when they saw an airdrop announcement under the latest tweet. They clicked the announcement link to participate in the airdrop, which led to phishing. Currently, many phishers use fake official accounts to post false announcements under official tweets to lure users. Users should be cautious and discerning. 2. Official accounts being hijacked. The official Twitter and Discord accounts of a project were hacked. The hackers then posted a fake airdrop link on the project’s official accounts. Since the link was posted from official channels, User B did not doubt its authenticity and clicked the link to participate in the airdrop, only to be phished. 3. Malicious project teams. User C participated in a mining activity of a project, staking all their USDT assets in the project’s st...

According to TechLead, a.k.a Patrick Shyu, the ‘ex-Google, ex-Meta tech lead’ who started a successful YouTube career after leaving Facebook, he’s been taking down any videos that are critical of his behavior by falsely claiming copyright violations. Shyu, who once launched a cryptocurrency by lying to users about how it was being bootstrapped, has seen his profile diminish since being exposed by fellow YouTube creator Coffeezilla three years ago. But making false promises and running off with a significant profit from a crypto project only to never mention it again hasn’t stopped him from constantly posting on YouTube. Indeed, since his failed crypto launch, he’s released a series of pessimistic videos, with titles ranging from Why Coding is Dead to AGI Achieved It’s Over . He’s also posted at least six videos claiming that he’s either quitting or retiring from both tech and YouTube. He doesn’t appear to have done either. Not the first time While th...

A monumental buying opportunity is available on alt coins , with many at double-digit discounts this month. However, Ethereum ETFs are launching in July, so the low prices might be short-lived. With that in mind, let’s explore the five best alt coins to add to your portfolio for summer 2024. PlayDoge Our top pick of alt coins to buy for summer 2024 is PlayDoge. The project taps into the emerging craze of Play-to-Earn cryptocurrencies while also appealing to meme coin enthusiasts. PlayDoge is inspired by the hit 1990s Tamagotchi game. Like the original, PlayDoge users will care for an 8-bit virtual pet, ensuring it’s fed, rested, and entertained. They’ll earn XP for interacting wit...

In the last 24 hours, the Bitcoin (BTC) price fell by up to 4.8%, plummeting to a new low of $60,601 after trading above $64,000 just a day earlier. This decline can be attributed to a combination of factors, including developments from the Mt. Gox saga, a significant liquidation of long positions, and ongoing miner capitulation. #1 Mt. Gox News Shakes Market Confidence The sudden and steep decline from $62,900 to $60,601 in Bitcoin’s price coincided closely with a new announcement from the trustees of the defunct Bitcoin exchange, Mt. Gox. This exchange, central to one of the earliest and largest Bitcoin thefts, declared it would start repaying victims using the stolen assets from a 2014 hack in July 2024. According to Nobuaki Kobayashi, the rehabilitation trustee, the repayment process will include Bitcoin (BTC) and Bitcoin Cash (BCH) and start in early July. “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the R...

The SLUMBO price tumbled 70% in the last 24 hours to trade at $0.0001094 as of 00:43 a.m. EST on trading volume that plunged 8% to $1.2 million. The SLUMBO token surged to an all-time high (ATH) of $0.0012 on launch on June 22 but has now fallen 71% from its peak, according to GeckoTerminal data.  But with its developer planning a massive token burn, the SLUMBO price could be poised for a significant bullish reversal. SLUMBO Price Gearing Up For A Trend Reversal SLUMBOUSD Chart Analysis Source: GeckoTerminal.com In the past day, the price of SLUMBO has been on a downtrend, falling from the $0.00060 resistance level and negating the bullish sentiment of the cup and handle pattern at this resistance.  The token has been trading within a falling wedge pattern, finding support around $0.0000852. SLUMBO bulls are aiming to leverage this support to push the token above the wedge. However, SLUMBO still trades below both the 50-day and 200-day Simple Moving Average (...

Table of Contents PawFury(PAW): Future Crypto Leader Ripple (XRP) Chainlink (LINK) Shiba Inu (SHIB) Summary As the cryptocurrency landscape evolves, investors keenly watch specific cryptocurrencies for potential breakthroughs in 2024. Pawfury (PAW), Chainlink (LINK),  and Shiba Inu (SHIB) continue to distinguish themselves with groundbreaking initiatives and robust community-driven developments. PawFury(PAW): Future Crypto Leader PawFury(PAW) is quickly establishing itself as a future leader in the cryptocurrency market, having raised an impressive $3.9 million in its presale. This remarkable achievement underscores its potential and the high trust it has garnered among investors.  The project's launch price of $0.01007 is expected to rise sharply to $0.020 upon listing, reflecting its strong market potential.  With over 33,600 active members on Telegram, PawFury is well-positioned to leverage its community's strength ...

There has been an increase in Trump-linked coins like STRUMP, MAGA, etc. These tokens remain in the limelight amid Martin Shkreli’s conviction. The case has become more interesting as Martin, who claimed to have created the DJT meme coin, changed his words to claim it was created by Donald Trump’s son, Barron. Meanwhile, Investors continue to seek cost-effective entry points into the market. Some investors have secured promising investment opportunities by primarily targeting affordable tokens. This article compiles a list of cryptocurrencies that investors should watch. 5 Best Cheap Crypto To Buy Under 1 Cent This review provides valuable insights for investors trying to evaluate the growth potential of different tokens. Numerous tokens, including Biaoqing, Super Trump, Shiba Inu, and eCash, are currently experiencing upward trends, giving investors opportunities to enter the market. 99Bitcoins is gearing up for the DEX launch post-presale, urging early investors to s...