Hurry Crypton

2023-10-13 12:29:55 Shibarium Token BONE Jumps as Shiba Inu Hits These Two Milestones

Shibarium gas token Bone has seen a significant rise in the last 24 hours. At the time of writing, Bone ShibaSwap (BONE) was up nearly 6% in the last 24 hours to $1.31.

This remains significant, as most cryptocurrencies posted marginal gains in the wake of the recent Fed interest rate decision. Shiba Inu (SHIB) was only marginally higher, or 0.28%, in the last 24 hours, to $0.00000782.

The jump in BONE prices follows as the Shiba Inu ecosystem achieves two milestones: first, the Shibarium Ethereum bridge launches for public testing. Second, Shiba Inu has received a new gold check mark on its X account.

Lucie, a Shiba ecosystem official, recently announced the Shibarium beta bridge going live for public testing.

Lucie alluded to the Shibarium bridge in late April, saying it was partly functional. This bridge is now available for public testing after months of development, marking a significant milestone.

The Shibarium bridge, as described in Shibarium documentation, uses Plasma and PoS security to enable a bidirectional transaction environment between Shibarium and Ethereum.

The bridge would allow users to move tokens between the two networks without introducing third-party risks or affecting market liquidity, as well as serving as a scaling solution.

The bridge prioritizes speed and decentralization while allowing arbitrary state changes on its sidechains and EVM support. Open / Comment

2023-10-12 14:05:55 Cardano Founder Reacts to Epic NFT Sale Costing 63,000 ADA

The Cardano ecosystem is seeing remarkable demand for its non-fungible tokens (NFTs), which might have partly led to some of its NFT collections being sold at noteworthy prices.

Notably, the demand for Cardano Apes has been sustained, driving prices higher. A Twitter user drew attention to this fact, reporting that a Cardano Ape NFT just sold for 63,000 ADA, valued at nearly 20,000 U.S. dollars.

The Twitter user went on to ask for thoughts about the sale. The tweet caught the attention of Cardano founder Charles Hoskinson, who reacted with a GIF image that might suggest someone exploding with excitement.

— Charles Hoskinson

Another interpretation of the GIF image might be to infer that the sale was an "explosive" one. Whichever it may be, the Cardano founder's intent remains unknown.

The Ape Society, Cardano's largest NFT project, saw strong user demand last December, resulting in its floor price setting highs of 10,000 ADA. Ape Society has the highest Collection Share by Volume, accounting for 24.64% over the past 24 hours, according to CNFT data.

Not only is Cardano thriving in its NFT sales, according to Messari's Layer 1 Q2, 2023, comparison report, but Cardano also dominated Q2, 2023, DeFi growth, leading in TVL, stablecoin market cap and DEX volume among the featured Layer 1 despite a 27% QoQ decrease in ADA's price. Open / Comment

2023-10-11 13:32:55 BTC Q4 UPDATE

We've been waiting quite a long time to publish this, but today we received another bearish confirmation and here it is.

You have probably already heard about this massive H&S pattern on the Bitcoin 1-3D chart. The neckline is located at the $25,000 support level.

Most probably we will see a breakdown of this support. Chances of testing the $20,000 level this year are quite high.

The top of the right shoulder can be located in the $28,000 - $30,000 zone which means locally we can still go a bit higher.

We need one more dip before the 2024 - 2025 bullrun! lower lows are extremely unlikely Open / Comment

2023-10-10 15:54:55 Taiwan releases cryptocurrency guidelines - Bans Derivatives, STOs, and Stablecoins; sets strict regulations for overseas companies and environmental disclosures. Open / Comment

2023-10-09 13:15:56 NFTs arrive on Instagram: complete tutorial

NFTs, Non-Fungible Tokens, are coming to Instagram as well: here is the full tutorial on how digital assets will be managed in one of the most influential social platforms in the world.

In recent months, Meta brought a novel feature useful for sharing non-fungible tokens purchased or held on other platforms. Recently, however, came the announcement of a system that will allow people to create and sell them directly, without having to go through external services.

For now, the company has involved only a small group of creators in the United States. It is important to highlight that Meta’s choice demonstrates how the NFT market is becoming increasingly attractive around the world. Open / Comment

2023-10-08 16:03:57 ⁠Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals has grown from one to 10 million in less than six months. Open / Comment

2023-10-07 13:44:57 BTC!

As expected, Bitcoin gave us a good-old pump to $28,480 resistance! Hope you had some BTC in your portfolio.

Volumes are great, we may expect the pump to continue until the $30,000 level.

At the moment the price is consolidating below the resistance of $28,400. We may see a correction from there, you can use it for buying if you want to.

As I've said in the previous update, $27,300 breakout turn me into neutrally-bullish mode. If the price breaks the $28,500 I will be way more bullish. Open / Comment

2023-10-06 14:55:57 Bitcoin is up 75% since Jim Cramer told investors to 'get out' in January

Renowned television personality and esteemed host of the popular show “Mad Money,” Jim Cramer, has emerged as a prominent critic of cryptocurrencies, particularly Bitcoin (BTC).

In a bold statement made on January 9, Cramer advised his audience that the current climate presented a “good chance again to get out of crypto,” specifically referencing Bitcoin’s trading value at $17,093.

However, it is worth noting that since Cramer’s cautionary declaration, the flagship digital asset has experienced a remarkable surge, presently trading at $30,020—an impressive 75% increase.

Year-to-date, BTC soared by more than 80%. Remarkably, over the past week alone, Bitcoin has surged by an impressive 17%, exemplifying its resolute upward trajectory. The cryptocurrency’s value soared from $25,500 to above $30,000, resulting in a substantial boost of $80 billion to its market capitalization.

Such overwhelming Bitcoin ETF interest from esteemed institutional investors like BlackRock (NYSE: BLK), Invesco, and WisdomTree has undoubtedly contributed to Bitcoin’s recent surge, further reinforcing its position as a digital asset of immense significance. Open / Comment

2023-10-05 15:22:06 Crypto regulation is in the works, and Coinbase isn't ruling out relocation away from the U.S.

“Anything is on the table,” said CEO Brian Armstrong when asked if Coinbase would consider moving to Britain.

In Late March, the U.S. Securities and Exchange Commission warned Coinbase of plans to implement regulation on the company.

Lawmakers have yet to agree on these plans as they decide whether assets like Bitcoin and Ethereum should be considered securities or commodities. Open / Comment

2023-10-04 14:22:59 OGN printed fast +32% profit with x2 leverage!

Closed 1/2 of the trade, stop loss moved into BE zone. Open / Comment