Elon Musk's Tweet Raises Questions from XRP and SHIB Armies Innovative tech billionaire Elon Musk’s recent tweet has caught the attention of XRP and SHIB users as they supported his new upcoming X app update Tech tycoon Elon Musk, owner of the popular social media platform X (formerly referred to as Twitter) has shown the community “Early version of video & audio calling on 𝕏”. Doing this, he quoted a tweet of user calling himself “Dogecoin designer”, who posted the step-by-step guidance of how to conduct audia and video calls on the X app.
Multiple X accounts responded to that tweet of Musk and among them were several major SHIB and XRP-themed accounts.
The official marketing expert of the Shiba Inu team, who calls herself Lucie, posted an animated GIF featuring a SHIB dog using a banana as a telephone and saying: “Bring ring ring ring ring”.
Major XRP-themed account @XRPcryptowolf asked a question that he has been trying to get Musk to answer recently: “When is X accepting XRP payments?” This X user has many times likened the logo of the X app to that of XRP, thus justifying the potential (albeit unrealistic, it seems, since Musk prefers Dogecoin) prospect of X adopting this cryptocurrency for internal payment. Overall, the community expressed enthusiasm regarding the novelties that Musk plans to introduce on the X app soon, thus expanding its utility and making a step closer to the ultimate “Everything app”, which he wants to turn X into in the near future.
Finish work at 12 o'clock tonight, everyone should buy ETH today The long orders are all profitable, pay attention to sharks and don't get lost, I will take you from 1000 to 10 million, you only need to do 50 orders right #ETH #Airdrop #BTC #luna #JUP
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.#ContentStar# #比特币# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #BinanceTournament #BTC #Airdrop #ETH #luna
ETH Fang, today's unilateral rise is pulling wildly, the price is approaching step by step, and the short-term strong continuation is very strong. At present, the short-term support has moved up to the 2200 level, and the rush higher is accompanied by a retracement, and as long as the price holds this position, it will maintain a strong bullish pattern. The market outlook does not rule out continuing to pull upward, and the short-term retracement will continue to be long, and the market outlook will continue to be 2230/20, with a target of 2280-2300;#比特币# #以太坊# @Binance Announcement @User11111 #BinanceTournament #ORDI #BTC
Dogecoin TD Sequential Now Shows Buy Signal, with Potential 1,500% Surge to $1.5 Dogecoin is poised for a massive surge as technical analysis suggests it could hit $1.54 in 2024. Dogecoin (DOGE), the widely recognized meme crypto project with a valuation nearing $10 billion, has been on bearish trends for weeks. According to CoinMarketCap, Dogecoin barely saw a 2% gain in the past 24 hours, while its seven-day performance is over 8.5% Also, DOGE’s price has hovered around $0.066 over the past four months without engineering staggering gains. Notably, in the last 24 hours, Dogecoin saw an 11.76% surge from the previous day’s value.
Meanwhile, in a recent tweet, crypto market analyst Ali Martinez disclosed that Dogecoin is about bidding goodbye to the long-standing bearish trend based on patterns formed on its chart. Martinez believes the meme coin is headed toward a growth rate exceeding 1,500%. Dogecoin Ready for over 1,500% Surge
Martinez rooted his optimistic Dogecoin forecast in insights drawn from a technical analysis of Dogecoin’s weekly timeframes. Specifically, the analyst observed that a triangular configuration had taken shape, with the present DOGE position forming the base, foreshadowing an imminent upward trajectory as the anticipated next move. Furthermore, Martinez’s conviction regarding the Dogecoin buy signal was underpinned by the affirmation provided by the technical indicator known as TD Sequential. For context, the indicator is a favored instrument among experts for discerning indications of a trend’s exhaustion, signifying an impending reversal.
Significantly, the chart from Martinez’s post offers a glimpse into Dogecoin’s impending upward path, extending for a minimum of the next ten months from the current point. It suggested that by 2024, the token could break above $1 for the first time. The chart notably indicated DOGE could trade at $1.544811 before slightly regressing below. With DOGE’s price currently at $0.06942, it implies the meme coin is poised to an increase exceeding 1,500% in the coming months. #BTC #tia
First Bitcoin ETF trades $1.5B as GBTC ‘discount’ echoes $69K BTC price
ProShares and Grayscale lea
Bitcoin BTC$34,271 institutional investment vehicles are seeing a major volume boost as excitement over possible United States regulatory changes takes hold.#BTC BTC#Meme MemesMemeMemeMemeMemesMemeMemMemeMemesMemeMemeMemeMemesMemeM
If Shiba Inu Gains 30% or 50% Yearly, How Long Before Breaking $0.01?
Shiba Inu investors’ aim for $0.01 may take a few decades to materialize with a 30% and 50% annual growth pattern.Recently, Shiba Inu experienced a significant double-digit surge amid the broader market crypto relief rally. Shiba Inu has faced challenging periods in the past few months, losing its position on the ranking of the most prominent cryptocurrencies. However, the digital asset now shows signs of a turnaround. Currently, Shiba Inu trades at approximately $0.000007812, with a cumulative seven-day growth of over 11%. With its 24-hour volume above $124 million, Shiba Inu could be eyeing to eliminate its fifth decimal point to reach $0.00001.
Bitcoin (BTC) Remains Strongest Asset for Institutions: MicroStrategy's Michael Saylor Shows A recent data sheet provided by Michael Saylor, a renowned advocate for Bitcoin and the CEO of MicroStrategy, further underscores the dominance of digital gold over other assets.
A meticulous glance at the asset class total returns sheet, spanning from 2011 to 2023, showcases Bitcoin's exceptional performance. In almost every year since 2011, Bitcoin has outperformed other traditional investment vehicles. While there have been moments of volatility and dips in the crypto market, BTC has showcased resilience and an upward trajectory that no other asset class can parallel.
Its cumulative return from 2011-2023 is a jaw-dropping 1,120,785%, with an annualized return of 147.5%. These numbers are staggering, especially when compared to other asset classes like the U.S. Nasdaq 100 or U.S. Large Caps, which, though solid performers, lag significantly behind Bitcoin's return rate.
Another insightful dimension to this conversation is MicroStrategy's Bitcoin portfolio. From the provided tracker, it is evident that MicroStrategy, under Saylor's leadership, has been bullish on Bitcoin. The firm's current holdings stand at an impressive 158,245 BTC, valued at approximately $5.43 billion. Their portfolio indicates strategic purchases, capitalizing on Bitcoin's dips, and subsequently leveraging its surges. Such a sizable investment from a major institution serves as testament to the increasing faith in Bitcoin's long-term potential and its role as a store of value. The data also depicts MicroStrategy's approach to Bitcoin as one of consistent accumulation. The green purchase markers on the graph illustrate a pattern of buying the dips, signifying a long-term bullish stance on the cryptocurrency. This conviction in Bitcoin is further reflected in the company's total dollar cost average and the present market price of Bitcoin, indicating healthy returns on their investments.
Analyst Adjusts XRP Mid-Term Target to $7 Following Recent Surge to $0.93
EGRAG, a seasoned market analyst, has made a significant adjustment to his targets for XRP, increasing the ultimate mid-term target to $7 from the initial $6.4 projectionThe move comes in the wake of XRP’s July increase, with which the asset surged to an impressive $0.93 price, surpassing the initial target of $0.85. EGRAG’s revised mid-term targets for XRP now stand at a range of $1 to $7.
Shiba Inu community is abuzz with anticipation as its developers set stage for imminent release of 'unique SHIB identity' Shiba Inu developers have ignited a countdown for the unveiling of a "unique SHIB identity." The official Shiba Inu X handle, @Shibtoken, sparked enthusiasm among the SHIB army by hinting at a "seismic shift" in the blockchain world that is set to materialize in just 72 hours from the moment the post went live. The video attached by the account starts with the Shiba Inu logo against a concrete or rough-textured wall with various graffiti-style writings on it. The writings include phrases like "SHIB NEWS," "WOOF!," "NEW SHIB PROJECT" and a URL "visitshib.io." The overall aesthetic feels edgy or underground
The video, which is paired with Halloween-style music, evokes a sense of mystery with a caption that reads "A NEW ERA IS COMING SOON."
Network state? Shytoshi Kusama, the influential figure behind the Shiba Inu (SHIB) cryptocurrency, shared an evocative post that hints at upcoming developments with the potential to position SHIB as a foundational element in a harmonious global landscape. Kusama's message to the community emphasized his vision of a "peaceful world with #SHIB as the foundation" and a network state. In post on X, developer Kaal Dhairya stressed that it is going to be the initial step toward a self-custodial identity.
Shiba Inu's identity solution In August, SHIB developers announced their plan to introduce digital identity services across all SHIB platform applications, marking a significant milestone in its evolution.
By integrating a self-sovereign identity (SSI) into their ecosystem, they aim to allow users to exercise complete control over their digital identities without dependence on third-party intermediaries. This new identity protocol will also find its place in SHIB's Layer-2 network called Shibarium. Kusama emphasized the seamless integration of the digital identity into the "Shib Super App," #SHIB #Meme #etf #gbtc
Bitcoin (BTC) Price Rally to End With a Spot Bitcoin ETF Approval: Peter Schiff
Gold and foreign equities investor Peter Schiff is bearish all things crypto. Bitcoin’s rise on spot Bitcoin ETF expectations hasn’t changed his tune.
Bitcoin price surged in a breakout rally to briefly touch $35,000 this month. But Euro Pacific Capital’s founder and chief global strategist doesn’t think it will last.
This month saw the ever-widening buzz surrounding a hotly anticipated approval by the SEC of a spot Bitcoin ETF. The excitement has pushed blowout Bitcoin sales on crypto exchanges.
But leave it to “Dr. Doom” (as Peter Schiff was nicknamed by the CNBC crowd during the housing bubble) to balk at Bitcoin’s sudden change of fortunes.
Peter Schiff Isn’t Impressed with Bitcoin’s Rally
Schiff recently remarked that a final SEC approval will end Bitcoin’s spot ETF rally. The EuroPac chief says once BTC is actually approved for a spot ETF product, the rally will lose steam.
He also noted the possibility that cryptocurrency traders could begin to sell off and take profits before any forthcoming SEC approval. In an X post on the popular social media website formerly known as Twitter, Schiff wrote:
#Bitcoin is now trading at $35K as speculators bet on SEC approval of $GBTC converting into an ETF. Such a conversation will likely mark the top of the rally, if Bitcoin doesn’t sell off prior to approval. The selloff will be less severe if the ETF conversion is rejected again.”
Time will tell if he’s right. Bitcoin price went parabolic in the 48 hours after Schiff tweeted this.
It All Hinges on What the SEC Does Next
Interestingly, Schiff reasons that another rejection by the Securities and Exchange Commission would offer some support for the Bitcoin price in the short term.