In Brief The successful launch of Sheboshi NFTs by Shiba Inu developers has catalyzed renewed interest and enthusiasm within the community. Shiba Inu influencer Lucie revealed that the projects being launched are part of a broader strategy to advance the ecosystem with innovation. This surge in market attention coincided with significant developments in the Shibarium…
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Filecoin has surged to a new yearly high amid significant development within its ecosystem. The decentralized storage protocol’s FIL token price soared to a yearly peak of $8.43 but has slightly corrected to $7.92 as of press time, according to Viphkoone data. Notably, FIL is the only digital asset among the top 25 cryptocurrencies by market capitalization that…
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In Brief Shiba Inu’s (SHIB) price broke out from a descending resistance trend line but failed to sustain the upward trend. The daily time frame readings are undetermined, but the six-hour chart leans bearish because of the price action. Despite the bearish SHIB price prediction, breaking out from the parallel channel can trigger a significant…
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In Brief Uniswap Foundation’s proposal aims to revitalize governance by rewarding UNI token holders for delegating and staking. The new initiative seeks to enhance the protocol’s fee mechanism, promoting active participation and long-term growth. Technical upgrades involve deploying new smart contracts for fee collection and distribution, with community support. The Uniswap Foundation has unveiled a…
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The put/call ratio for BTC stands at 0.76, reflecting that there are 76 put options for every 100 call options. Quick Take Feb. 23, the last Friday of the month, marks the expiration of an impressive $3.7 billion in Bitcoin (BTC) options, a situation that could notably influence the Bitcoin market, according to Deribit…
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In Brief Crypto whale 0x7a9 acquires $185.5 million in Ethereum over three days, signaling strong market confidence. Analysts express bullish outlook on Ethereum, citing strategic acquisitions and potential for significant growth. Upcoming Ethereum upgrades and potential spot ETF approval may serve as catalysts for further price increases. A prominent crypto whale buys Ethereum (ETH) worth millions getting…
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In Brief Billionaires like Zuckerberg, Buffett, and Bezos are selling off tech stocks, raising questions about crypto investments. Despite these sales, the importance of strategic portfolio management and research remains critical for crypto investors. The upcoming Bitcoin halving as explained by Michaël van de Poppe could influence the market leading to a correction. The financial…
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Quick Take Recent data identified by HODL15Capital shows a shorting trend in the Bitcoin market, with leveraged positions potentially leading to approximately $1 billion of liquidations between the $52,400 and $53,000 mark. As Bitcoin stabilizes around $52,000, the Binance BTC/USDT pair, using the Coinglass Liquidation Heatmap, reveals substantial leverage above this level. Over the past…
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In Brief David Orrell argues quantum mechanics, not Bitcoin, is the future of economics, offering deeper financial system insights. Quantum economics surpasses classical theories by embracing complexities and predicting economic behaviors accurately. He highlights quantum models’ potential in social sciences and decision-making, challenging classical economics’ assumptions. David Orrell, a mathematician and acclaimed author, argues that…
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Massive Bitcoin movement: Over 18,000 BTC withdrawn from Coinbase, impacting exchange balance significantly. Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass. This substantial outflow of nearly $1 billion has significantly influenced Coinbase’s exchange balance. The funds have been…
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