The Shiba Inu community faces an urgent alert as exciting developments in the cryptocurrency landscape unfold. “Shibarmy Scam Alerts,” a handle dedicated to protecting SHIB holders, has issued a critical warning about fraudulent activities aimed at the community.
Scammers, often impersonating official channels on platforms such as Telegram and X, create fake accounts to disseminate deceptive information, lure users to fraudulent websites, and gather personal details for malicious purposes.
These impersonators have particularly targeted Treat token accounts, posing significant risks to unsuspecting SHIB enthusiasts.
The alert from “Shibarmy Scam Alerts” emphasizes that no official team member will contact users through private messages, request wallet synchronization, or ask for sensitive personal data.
As anticipation mounts, the Shiba Inu ecosystem is gearing up for major advancements.
The introduction of the Shiba Eternity play-to-earn version on Shibarium and the upcoming launch of the TREAT token are set to expand the ecosystem’s reach and utility significantly.
These developments promise to enhance adoption, scalability, and usability, heralding a new era for blockchain technology and decentralized finance (DeFi).
READ MORE: Bitcoin Rebounds to $63,000 Amidst Surging Liquidity Over $100 Million
Recent integrations and technical upgrades, such as the ShibaSwap DEX’s integration into Shibarium and the successful completion of recent hard forks, underline the continuous improvements within the Shiba Inu framework.
Additionally, the community’s excitement is palpable, with Shiba Inu’s social dominance witnessing a significant surge of 46,339%.
The backdrop is ripe with speculation about potential partnerships that could further augment SHIB’s utility and market position.
Amidst this growing excitement, Shiba Inu lead Shytoshi Kusama tantalized the community with an “Evita” teaser, sparking discussions and anticipation about what lies ahead.
Overall, while the Shiba Inu community is on the brink of potentially transformative advancements, vigilance against scams is paramount to safeguard the interests and security of its members.
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Billionaire investor Mark Cuban recently voiced strong opinions about the need for clearer regulatory frameworks within the cryptocurrency industry in the United States, urging the Commodity Futures Trading Commission (CFTC) to oversee all crypto-related activities.
In a post directed to his 8.8 million followers on X on May 10, Cuban emphasized the urgency of legislative action prior to the 2024 presidential election, suggesting that it could influence the re-election of President Joe Biden.
Cuban stated, “You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them.”
His comments reflect a broader concern within the crypto community about the need for tailored regulatory measures that can foster both innovation and consumer protection.
Highlighting the potential political repercussions of regulatory decisions, Cuban pointedly mentioned Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), known for his stringent stance on cryptocurrencies.
Cuban argued that Gensler’s approach could alienate crypto voters, implying that this could be a decisive factor in the upcoming election.
“If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and the New York SEC,” Cuban said, suggesting that a more crypto-friendly regulatory approach could be more advantageous.
He proposed a more effective alternative, advocating for the CFTC to take charge of all crypto regulations.
This idea aligns with the growing consensus among younger and independent voters who perceive crypto as a significant part of their financial interaction and are critical of the SEC’s handling under Gensler’s leadership.
READ MORE: Toncoin Surges Ahead of Notcoin Game Launch, Outshines Broader Crypto Market with Robust Growth
Cuban harshly criticized Gensler’s record, saying, “Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD.”
Data from litigation consulting firm Cornerstone Research indicates that the SEC undertook 46 enforcement actions against crypto firms in 2023 alone, underscoring the aggressive regulatory landscape.
Meanwhile, Rostin Behnam, Chair of the CFTC, anticipates another wave of enforcement within the next six to 18 months, hinting at ongoing challenges for the sector.
The discourse around cryptocurrency regulation is poised to be a significant issue in the 2024 U.S. election.
A recent poll reported by Cointelegraph on May 7, conducted among 1,201 registered voters, found that over two-thirds resonate with the sentiment that “crypto is for people like them, and more equitable than the financial system.”
This unfolding narrative captures the complex interplay between politics, regulatory actions, and the vibrant dynamics of the cryptocurrency market, reflecting a critical juncture in the regulatory oversight of digital assets in the U.S.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Book of Shiba Inu (BOSHIBA) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Book of Shiba Inu (BOSHIBA), a new Solana memecoin that was launched today, is poised to explode over 9,000% in price in the coming days.
This is because BOSHIBA has announced its first centralized exchange listing, which will be on MEXC.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Book of Shiba Inu can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Book of Shiba Inu could become the next viral memecoin.
To buy Book of Shiba Inu on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Book of Shiba Inu by entering its contract address – 24YoPq1drHd7Xs7NbYhU3HvBCMsGZqmSefD7FYeZ6W5D – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like BOSHIBA.
Pepe Doge (PEPEDOGE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepe Doge (PEPEDOGE), a Solana memecoin that was launched this week, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Pepe Doge presents a similar opportunity.
Pepe Doge has market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,600% in the coming two days, and Pepe Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Pepe Doge can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Pepe Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Doge by entering its contract address – 7s7VZhFWTez5ykSr214AxnqRTMdcKu5rd77YFAx2DGG1 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEDOGE.
The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), experienced a brief resurgence in investment inflows in early May, following a substantial period of financial hemorrhaging since its inception.
Despite this, the fund quickly reverted to outflows within just a few days, reflecting its ongoing struggles in the highly volatile cryptocurrency market.
GBTC debuted on January 11 and suffered consistent outflows for 78 consecutive days, resulting in a total loss of over $17.5 billion.
A temporary reversal occurred in early May, with inflows recorded on May 3 and May 6, totaling $63 million and $3.9 million respectively.
This influx of investment briefly suggested a potential stabilization or renewed investor interest in the fund.
However, this trend did not sustain. By May 7 and May 9, GBTC reported outflows of $28.6 million and $43.4 million respectively, effectively negating the gains made in the previous days.
This pattern of rapid reversal is indicative of the challenges faced by GBTC, marking it as the only spot Bitcoin ETF issuer to report outflows during that period while other funds under the United States Securities and Exchange Commission (SEC) saw positive or neutral investment flows.
In contrast, other Bitcoin ETFs have fared significantly better.
For instance, BlackRock’s iShares Bitcoin Trust attracted substantial investment, totaling nearly $15.5 billion.
READ MORE: Starknet Foundation Launches $5 Million Seed Grants Program to Boost Final-Stage Blockchain Projects
Other notable funds include Fidelity’s Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and Cathie Wood’s ARK 21Shares Bitcoin ETF, which reported net inflows of $8.1 billion, $1.7 billion, and $2.2 billion respectively.
Despite these fluctuations, the average daily loss for the Grayscale Bitcoin Trust since its launch stands at a stark $211 million.
Nonetheless, the overall Bitcoin ETF market in the U.S. has maintained a positive net balance of $11.7 billion due to robust inflows into other funds.
Adding insight into the investor demographics, Jan VanEck, CEO of VanEck, commented during the Paris Blockchain Week in April that “You’ve had some Bitcoin whales and some other institutions move some assets in, but they were already exposed to BITCOIN.”
He further noted the predominant retail investor contribution, which accounts for 90% of Bitcoin ETF inflows.
Despite this, there is an anticipation for significant institutional investments from banks and traditional firms as projected around May.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Toncoin has recently demonstrated notable outperformance in the cryptocurrency market, which overall increased by 15% in the same period.
This performance is indicative of Toncoin’s strong and specific growth catalysts, despite its general alignment with the broader crypto trends.
As we approach the launch of Notcoin, a new play-to-earn game, on May 16, Toncoin’s price has seen a significant increase.
Notcoin, which will be integrated within the Telegram app, is a social clicking game where players interact with a bot and are encouraged to invite others to join.
The game centers on players tapping a golden coin to earn ‘Notcoin,’ a virtual currency. This engaging format has already attracted over 34.5 million players involved in the “mining” of Notcoin tokens.
In line with this, the Notcoin team plans to airdrop a new native cryptocurrency, NOT, to its 34.5 million token holders, which will be operational on the TON Blockchain from May 16.
This blockchain is a part of the Open Network’s layer 1 proof-of-stake (PoS) ecosystem. Additionally, NOT is set to begin trading on prominent crypto exchanges like Binance and Bybit on the same day.
The anticipation surrounding the NOT launch has sparked a rise in the total value locked (TVL) on the TON blockchain, reaching 40.58 million TON by May 10, marking a 33% increase within the month and a sevenfold growth throughout 2024.
This increase highlights the robust demand for Toncoin.
This rising demand coincides with the recent integration of Tether (USDT) stablecoins on the TON blockchain.
READ MORE: Ether Prices Drop Amid SEC Uncertainty and Technical Corrections, Despite Bullish Patterns
Furthermore, an investment from Pantera Capital in the Open Network—citing the April integration with the Telegram messaging service as a key reason—has propelled Toncoin’s value further.
This partnership has the potential to position the Open Network among the largest crypto networks, especially considering Telegram’s vast user base of 900 million monthly users.
Since these developments, Toncoin’s value has surged by approximately 46%, demonstrating a positive market reaction to these strategic enhancements.
The cryptocurrency’s resilience is also evident from its recovery points, notably after reaching a key support confluence involving an ascending trendline, the 50-day exponential moving average (EMA), and the 0.618 Fibonacci level, highlighted by a red circle on related charts.
Moreover, a similar resurgence in TON’s price occurred following a drop in the daily relative strength index (RSI) to 37.45, a reminder of a comparable recovery in February.
These indicators, alongside the fractal analysis of Toncoin’s price behaviors around these support levels, suggest potential upward movement.
Predictions indicate that TON’s price could climb over 20% in May, testing resistance at the 0.236 Fibonacci line at $7.17 and potentially reaching the 0.0 Fib line at approximately $8.77.
Conversely, a pullback could see prices descending toward $6.19 and possibly further to $5.40, aligning with the ascending trendline and the 0.5 Fib line.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Gensler Devil (GENDEV) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Gensler Devil (GENDEV), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Gensler Devil presents a similar opportunity.
Gensler Devil has a market cap below $14,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Gensler Devil could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Gensler Devil can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Gensler Devil on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Gensler Devil by entering its contract address – GwoY3GpqrSmws6QW88CyDaJkkTNfrQLGN2zZ1rSbJ6z9 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like GENDEV.
Pepe Doge (PEPEDOGE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepe Doge (PEPEDOGE), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Pepe Doge presents a similar opportunity.
Pepe Doge has market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,600% in the coming two days, and Pepe Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Pepe Doge can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Pepe Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Doge by entering its contract address – 7s7VZhFWTez5ykSr214AxnqRTMdcKu5rd77YFAx2DGG1 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEDOGE.
Bitcoin saw a rebound to $63,000 on May 10, amidst a notable increase in overhead liquidity, which exceeded $100 million.
Data from Cointelegraph Markets Pro and TradingView indicated a spike in BTC/USD to local highs of $63,876 on Bitstamp, followed by a period of consolidation.
This price action marked an improvement following lows below $61,000, a decline that continued despite positive unemployment data from the United States suggesting economic resilience.
Material Indicators, a trading resource, highlighted a substantial increase in ask liquidity just above the spot price.
Specifically, liquidity was reported to be over $100 million between the $63,000 and $65,000 range on the same day, according to their FireCharts tool.
Material Indicators’ co-founder, Keith Alan, provided further insights into the market’s dynamics.
He noted, “Historically, the side with the highest concentration of liquidity wins these intra-trend battles,” indicating a potential for continued upward momentum if these liquidity levels maintained.
Alan also detailed potential support levels that could come into play if Bitcoin were to decline again.
He pointed to the historical consolidation range of $58,000 to $60,000 as initial targets.
“Order book data in FireCharts shows that there isn’t currently a lot of bid liquidity at $60k, but there is more at $58k. If price holds there, it would create a higher low which is what bulls want to see,” he explained.
The significance of the 21-week simple moving average (SMA), currently at $56,127, was also underscored by Alan.
He highlighted the $52,000 level as a critical point if the SMA support failed, which could signify a 30% correction from the all-time high.
Observations indicated that much of the bid liquidity that had been forming support had moved up to $58,000, suggesting a possible shift in market sentiment.
In terms of market sentiment and its influence on Bitcoin’s price movements, Alan concluded, “Of course, nothing changes sentiment like price movement so, if bears manage to push price below $58k we will either see sentiment strengthen in the $50k – $52k range or start shifting towards the mid $40s.”
Meanwhile, Rekt Capital, a popular trader and analyst, commented on the lack of major upheaval in the market despite the previous week’s downside wick.
He stated, “Bitcoin is still simply holding the Range Low as support,” referring to the stabilization following the block subsidy halving in April, which he previously suggested hadn’t fundamentally altered market behavior.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Donald Bitcoin (DONBTC) presents a similar opportunity for a limited time.
Donald Bitcoin (DONBTC), a newly launched Solana memecoin, is poised to explode over 11,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
DONBTC will be listed on MEXC, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Donald Bitcoin.
Currently, Donald Bitcoin can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy DONBTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Bitcoin by entering its contract address – 7nErZV74Y8L7zz1thKUczBniWMnLc74gQMdzbWnhr95e – in the receiving field.
DONBTC currently has a market cap of just under $15,000, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.