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Showing posts from April, 2023

MAYC #8530 Stolen by Phishing Account, Sold for 10.7 Blur Pool

PeckShield blockchain security and data analytics company has alerted of the stolen Mutant Ape Yacht Club (MAYC) #8530 non-fungible token (NFT) by the phishing account Fake_Phishing 178866, as identified by Etherscan. #PeckShieldAlert #Phishing #NFT #MutantApeYachtClub #8530 has been stolen by Fake_Phishing178866https://t.co/AWmzN97zba The last sale was 7.45 ETH ($14,195.30) ~528 days ago. pic.twitter.com/gIC492vNcl — PeckShieldAlert (@PeckShieldAlert) April 30, 2023 Reportedly, the MAYC #8530 NFT was unsold for about 528 days before the theft. The last transaction before the theft was for 7.45 ETH, equivalent to $14.195.30. Shortly after PeckShield’s alert, the MAYC #8530 sold for 10.7 Blur Pool. Apart from PeckShield’s alert, there is little or no other report about the theft at the time of writing, at least on Twitter. Not even a response from the original owner or anyone else concerned about the stolen NFT. MAYC #8530 was stolen by a wallet flagged b...

Love Hate Inu Memecoin Raises $8,400,000 – $LHINU 10X Incoming?

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Join Our Telegram channel to stay up to date on breaking news coverage Love Hate Inu has recently surpassed the $8.4 million funding milestone in its current presale and continues to impress the crypto space. The excitement surrounding the world’s first vote-to-earn crypto is reaching its peak as the presale raises millions. Love Hate Inu has been named the “best new meme coin” for 2023. Phenomenal Success of Love Hate Inu Presale Presale funding for Love Hate Inu has already surpassed $8.4 million, a milestone that was reached in fewer than eight weeks. Many anticipate that Love Hate Inu will pass the $10 million milestone in the coming days if things continue as they are; this achievement would give the project’s prospects even more credibility. Morning, #LoveHateInu Crew!☀️ We've got some exciting news for everyone today!🎉 Our #Presale has raised over $8M!💰 We're incredibly grateful to all our supporters and voters!...

New Hope For NFT Investors, As Bored Ape’s New Boss Seeks To Revive NFTs Via Metaverse Gaming

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Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market has significantly shrunk, with most NFT investors reporting losses in recent months. The NFT market woes began spreading sometime in June last year, leaving many NFT projects shedding more than 70% of their initial value. Even though the NFT market has gotten smaller, the most exciting thing is NFTs are not dead and have strong potential to rise again. Interestingly, the new Yuga Labs boss has vowed to revive NFTs through the new revolution of metaverse gaming. Daniel Alegre Bullish About NFT Gaming In an April 27 interview with Bloomberg, Daniel Alegre, the new Chief Executive Officer at Yuga Labs, said non-fungible tokens have a brighter future. Alegre asserted that digital collectibles are essential to a new world of future metaverse gaming, events, and e-commerce. Daniel Alegre, the former President, and Chief Operating Officer at Activision Blizzard, worked for the compa...

Is Shiba Inu Incapable of Reaching $0.01? Should You Sell SHIB Now?

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Shiba Inu is giving investors nothing but losses since the bear markets took shape in 2022. SHIB barely rallied in the indices for over a year making investors hold a bag of tokens that aren’t rising in value. The dog-themed cryptocurrency is testing the patience of investors as it failed to delete a ‘zero’ in 18 months. The last SHIB rally was in October 2021, when it spiked 1,000% in 30 days reaching its all-time high of $0.00008616. The crypto is dwindling since then, going in the opposite direction of its goal i.e. $0.01. On the other hand, SHIB’s trading volume hit rock bottom for the first time in 2023 reaching a low of $119 million this week. In addition, Shibarium is yet-to-be-released and not much is happening around its ecosystem. So what next for SHIB? Also Read: Shiba Inu Hits Rock Bottom for the 1st Time in 2023 Shiba Inu: Is It Incapable to Reach $0.01 & Should You Sell SHIB? Source: iheartdogs.com While Shiba Inu is down for nearly 18 months in a row, so...

Binance Coin Moves Sideways And Is Unable To Break The 340 High

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Apr 27, 2023 at 11:11 // Price Author Coin Idol Binance Coin (BNB) price has reached the $340 resistance level and is currently retracing its steps. Binance Coin price long-term forecast: bullish BNB has recovered above the moving average lines with a high of $330 today. This is the price action since February 3. On the upside, buyers were unable to sustain bullish momentum above the $340 high. The market is overbought near the recent high. BNB will fall both above and below the moving average lines. Since February 3, the price of the bitcoin asset has fl...

Love Hate Inu (LHINU) Raised $7.5 Million In Presale, Selling Fast

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Join Our Telegram channel to stay up to date on breaking news coverage Love Hate Inu is the first vote-to-earn utility meme coin that is making waves in its LHINU token presale, with more than $7.5 million raised so far. Because the presale price for tokens is lower than the selling price, thousands of investors have rushed to get in on the project. Love Hate Inu is now likely to sell out of stage seven of its presale because of how popular it is. This means that buyers may only have a few days left to get the lowest price possible. What is Love Hate Inu? Love Hate Inu (LHINU) is a relatively new cryptocurrency that was launched in 2021. It is a decentralized community-driven token built on the Ethereum blockchain, similar to other popular cryptocurrencies like Bitcoin and Ethereum. The creators of Love Hate Inu claim that it was created to embody the spirit of duality, representing both the love and hate that exist in all of us. They aim to create a positive community arou...

Bitcoin-Gold Correlation Hits All-Time High

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The BTC price currently trades near the $30,000 psychological level, recording a strong rally of 85% this year. Experts believe the BTC price can hit over $135k after the Bitcoin halving next year. advertisement Bitcoin-Gold Correlation Rises Higher Bitcoin 30-day correlation with gold has surpassed the 50% level and now stands at 57%, as per data by market analytics firm Kaiko. The correlation is rising since March after regulators closed crypto-friendly banks causing a banking crisis. Bitcoin Correlation With Gold. Source: Kaiko It indicates Bitcoin has emerged as a safe haven for its hedge against inflation and a store of value characteristics. During inflation and uncertainty, investors put their money in gold , but Bitcoin witnessed more inflow of money than gold . For a long period of time, BTC has shown a close correlation to US equities. However, it has outperformed all three indices by nearly four times in Q1 2023. Trending Stor...

Bitcoin touches $30K as BTC bulls well-positioned for weekly $3.2 billion options expiry

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Weaker U.S. financial system has raised BTC bulls’ odds of profiting $780 million on April 28 options expiry. Bitcoin (BTC) price broke above $29,800 on April 26, totaling 9.6% gains in 24 hours, reaching as high as $30,024 on Bitstamp. Some commentators argue that the 50% drop in First Republic Bank (FRB) shares on April 25 has been the catalyst for Bitcoin’s rally. Bitcoin gains from banking crisis  Despite the positive shift, its price remains 22.5% down in twelve months, which explains why bulls are far from optimistic.  The FRB debacle comes after the bank’s earnings report, which showed that clients’ deposits shrank by 40.8% during the quarter as customers pulled out their money. Notably, the bank received a $30 billion cash injection in March, but the quarterly outflows topped $100 billion . On the other hand, the U.S. Federal Reserve signaled that it would hike interest rates above 5%. By increasing the cost of capital, the central bank might succeed in taming inflation, but ...

Hillary Clinton Warns of 'Worldwide Financial Meltdown' and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing World’s Reserve Currency Status Hillary Clinton, a former first lady and the U.S. Secretary of State from 2009 to 2013, warned in an opinion piece, published by the New York Times Monday, about the disastrous outcomes that could result from the U.S. defaulting on its debt obligations, including the risk of the dollar losing its status as the world’s reserve currency. “The debt ceiling debate is not about authorizing new spending. It’s about Congress paying debts it has already incurred. Refusing to pay would be like skipping out on your mortgage, except with global consequences,” Clinton described, warning: Because of the ...

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition for Digital Asset Regulation The cryptocurrency exchange Coinbase has filed a court action to press the U.S. Securities and Exchange Commission (SEC) about its July 2022 petition requesting regulatory guidance. In an announcement on Monday, Coinbase’s chief legal officer, Paul Grewal, emphasized that over 1,700 entities and individuals submitted comments in support of the request for clarity. The company believes that regulatory clarity in the crypto space is long overdue. Despite the securities regulator initiating a slew of potential regulatory enforcement actions, crypto firms have not been informed of how the SEC believes the l...

MATIC Price Prediction: Polygon Price at Crucial Support Plots a 50% Rally; Enter Today?

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MATIC Price Prediction: In the weekly time frame chart, the Polygon coin shows its prices have been respecting two rising trendlines which reveals the formation of a broadening channel pattern. The most common outcome of this pattern is it triggers a significant downfall upon the breakdown of its support trendline. However, there are other criteria the traders must consider before entering the coin under the influence of this channel pattern. advertisement Key Points  In theory, the increasing gap between the channel’s trendline reflects the increasing indecisiveness and uncertainty among participants. Multiple support level accumulated at $1 support indicates a higher possibility for an upcoming bullish reversal  The intraday trading volume in the MATIC is $318.5 Million, indicating a 15% loss. Source- Tradingview Amid the recent sell-off in the crypto market, the MATIC price has plunged back to the channel pattern’s support tren...