TL;DR Shiba Inu (SHIB) has increased by 14% in the past week, with bullish indicators suggesting the rally could continue. However, signs like declining network growth and reduced whale activity indicate a possible correction ahead. The Positive Signs Shiba Inu (SHIB) overcame the price collapse registered at the start of the month, seeing its valuation…
On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp drop to $63,128 before stabilizing just above $63,500. This stabilization is critical,…
Egyptian fintech startup Lucky has raised $3 million in a convertible note round to expand its credit services and contribute to Egypt’s financial inclusion goals. The funding will support Lucky’s growth plans and help it achieve sustainable profitability. Lucky aims to provide accessible consumer credit solutions to underbanked Egyptians. Aligning With Egypt’s Financial Inclusion Agenda…
Pavel Durov, the founder and CEO of Telegram, was recently apprehended in Paris following an international arrest warrant issued by French authorities. The arrest stems from concerns over Telegram’s alleged lack of moderation, particularly in light of EU regulations such as the Digital Services Act. In response, Telegram issued a statement asserting the exec has…
TL;DR Fruition Productions is set to release a documentary titled “XRP Unleashed” in November 2024, available on well-known platforms like Amazon and Apple TV. Some industry participants see the launch timing as favorable, predicting a future price rally for Ripple’s native token. XRP Documentary on Its Way Ripple’s XRP – one of the hottest topics…
TLDR: Telegram CEO Pavel Durov arrested in France Rumble CEO Chris Pavlovski leaves Europe citing threats from France Durov accused of failing to cooperate with law enforcement and moderate illegal content Telegram denies wrongdoing, says it complies with EU laws Rumble vows to fight for free speech using legal means The tech world was shaken…
TL;DR Shiba Inu (SHIB) is moving toward greater decentralization by launching a DAO. The anonymous developers of the meme coin announced they will step back by the end of 2024, handing full control over to the community to further empower decentralized governance. Shia Inu’s Next Step The popular meme coin – Shiba Inu (SHIB) –…
We can’t be 100% sure, but we don’t think central bankers take mob violence into account when making their economic models. Unfortunately, there is a lot of it going around. People are unhappy for many reasons. Adam Smith was an early economist. His idea of an invisible hand is popular, but it has a wider…
Bitcoin had a relatively quiet weekend but jumped to just over $65,000 on Monday morning when the bears stepped up and stopped any further increases. TON has recovered some ground since yesterday’s massive crash, while TRX has neared $0.17 once again. The other larger-cap alts are a lot less eventful. BTC Halted at $65K Last…
Toncoin (TON), the native cryptocurrency of The Open Network, experienced a sharp decline after Telegram CEO Pavel Durov was reportedly arrested in France. Data from CoinGecko shows that TON hit a low of $5.31 in the early hours of Sunday, down approximately 20% after arrest news surfaced. Durov faces multiple charges, including terrorism and money…