Stake with Nodeist

News

 
On Friday there was an unusual transfer of $31.7M worth of SHIB to Binance. SHIB price has suffered in recent weeks amid a massive sell-off by whales. The Shiba Inu (SHIB) market has been very active over the last 48 hours, with trillions of SHIB tokens moved by whales, the biggest investors. These key players have sold off a whopping 3 trillion Shiba Inu tokens since last Friday. The SHIB whales started this era with a total of 661.44 trillion tokens. However, their holdings have diminished to 658.48 trillion SHIB as of the most recent figures. Among them, a significant chunk (410.36 trillion) has been burnt, making it unavailable. Biggest Non-exchange SHIB Holder Within the last few hours, the largest holder of $SHIB has purchased 1.5T $SHIB ($10M) from Binance and Coinbase. On May 16, the address “0x73AF” received 20T $SHIB ($134.4M) from the address “0x40B3,” which now has 5.3T $SHIB ($35.5M). This whale represents the biggest non-exchange holder of $SHIB. It’s important to note that most of these powerful SHIB holders are really wallet addresses for cryptocurrency exchanges, with Binance being the biggest of them. In addition to the enormous sell-off by whales, on Friday there was an unusual transfer of $31.7 million worth of SHIB from Shiba Staking to Binance, as reported by Whale Alert, a website tracking major crypto transactions. Large-scale reorganizations are often accompanied by sales and are seen as negative indicators. Given that the price of Shiba Inu tokens dropped by over 30% over this time period, it is not unexpected that the total value of big SHIB wallets also dropped by a large amount. However, an interesting pattern emerges from the data. The remaining shortfall that the whales incurred seems to have been covered by the other two types of investors. During this time period, there was a growth of 1.96 trillion SHIB in investor wallets, which are defined as those owning between 0.1% and 1% of the token supply.
 
Bullish CFX price prediction for 2023 is $0.4761 to $1.3569. Conflux (CFX) price might reach $1.5 soon. Bearish CFX price prediction for 2023 is $0.0498. In this Conflux (CFX) price prediction 2023, we will analyze the price patterns of CFX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Conflux (CFX) Current Market Status Current Price $0.1881 24 – Hour Trading Volume $60,683,352 24 – Hour Price Change 3.69% up Circulating Supply 2,886,692,456.27 All – Time High $1.70 (On March 27, 2021) CFX Current Market Status (Source: CoinMarketCap) What is Conflux (CFX)? CFX is the native cryptocurrency of Conflux. Conflux is a permissionless Layer 1 blockchain that employs a decentralized economic-driven governance system. Conflux rewards creators and marketplaces for linking globally and assuring security and scalability. CFX can be utilized for transaction fees, staking rewards, mining rewards, and network governance. Conflux (CFX) Price Prediction 2023 Conflux (CFX) ranks 65th on CoinMarketCap in terms of its market capitalization. The overview of the Conflux price prediction for 2023 is explained below with a daily time frame. CFX/USDT Descending Triangle Pattern (Source: Tradingview) In the above chart, Conflux (CFX) laid out a descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is characteristic of a bearish market. At the time of analysis, the price of Conflux (CFX) was recorded at $0.183. If the pattern trend continues, then the price of CFX might reach the resistance levels of $0.2358 and $0.2911. If the trend reverses, then the price of CFX may fall to the support of $0.1694. Conflux (CFX) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Conflux (CFX) in 2023. CFX/USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Conflux (CFX) for 2023. Resistance Level 1 $0.4761 Resistance Level 2 $1.3569 Support Level 1 $0.1291 Support Level 2 $0.0498 CFX/USDT Support and Resistance Levels As per the above analysis, if Conflux’s (CFX) bulls take the lead, then it might hit and break through its resistance level of $1.3479. Conversely, if Conflux’s (CFX) bears dominate the trend, the price of CFX might plunge to $0.0498. Conflux (CFX) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Conflux (CFX) are shown in the chart below. CFX/USDT RVOL, MA, RSI (Source: Tradingview) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Conflux (CFX) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the CFX price lies below 50 MA (short-term), indicating its downward trend. Hence, it can be concluded that CFX is in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. At the time of analysis, the RSI of CFX is at 25.64. Therefore, this indicates CFX is in a nearly oversold state. Also, this confirms that CFX sends out a sell signal. Conflux (CFX) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Conflux (CFX) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). CFX /USDT ADX, RVI (Source: Tradingview) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of CFX lies in the range of 28.40 pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of CFX lies below 50, indicating low volatility. Comparison of CFX with BTC, ETH Let us now compare the price movements of Conflux (CFX) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs CFX Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of CFX is similar to BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of CFX also increases or decreases respectively. Conflux (CFX) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Conflux (CFX) between 2024 and 2030. Conflux (CFX) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Conflux (CFX) might successfully test and surpass its resistance levels to hit $3 by 2024. Conflux (CFX) Price Prediction 2025 The significant upgrades in the Conflux ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Conflux (CFX) price to reach $5 by 2025. Conflux (CFX) Price Prediction 2026 If Conflux (CFX) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $7.5. Conflux (CFX) Price Prediction 2027 Conflux (CFX) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, CFX would rally to hit $9. Conflux (CFX) Price Prediction 2028 If Conflux (CFX) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, CFX would hit $11 by 2028. Conflux (CFX) Price Prediction 2029 If investors flock in and continue to place their bets on Conflux (CFX) , then the crypto would witness major spikes. Hence, CFX might hit $13 by 2029. Conflux (CFX) Price Prediction 2030 By 2030, the CFX price might rally to $16 if the trend momentum aligns in favor of Conflux. Furthermore, CFX would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Conflux (CFX) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Conflux (CFX) price prediction for 2023 is $1.3569. Comparatively, the bearish Conflux (CFX) price prediction for 2023 is $0.0498. If there is a positive elevation in the market momentum and investors’ sentiment, then Conflux (CFX) might hit $1.5. Furthermore, with future upgrades and advancements in the Conflux ecosystem, CFX might surpass its current all-time high (ATH) of $1.7038 and mark its new ATH. FAQ 1. What is Conflux (CFX)? CFX is the native cryptocurrency of Conflux. Conflux is a permissionless Layer 1 blockchain that employs a decentralized economic-driven governance system. 2. Where can you buy a Conflux (CFX)? Traders can trade Conflux (CFX) on the following cryptocurrency exchanges such as Binance, OKX, BingX, CoinW, and Bitrue. 3. Will Conflux (CFX) record a new ATH soon? With the ongoing developments and upgrades within the Conflux platform, Conflux (CFX) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Conflux (CFX)? Conflux (CFX) hit its current all-time high (ATH) of $1.70 on March 27, 2021. 5. What is the lowest price of Conflux (CFX)? According to CoinMarketCap, CFX hit its all-time low (ATL) of $0.02191 on Jan 01, 2023. 6. Will Conflux (CFX) hit $1.5? If Conflux (CFX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1.5 soon. 7. What will be the Conflux (CFX) price by 2024? Conflux (CFX) price might reach $3 by 2024. 8. What will be the Conflux (CFX) price by 2025? Conflux (CFX) price might reach $5 by 2025. 9. What will be the Conflux (CFX) price by 2026? Conflux (CFX) price might reach $7.5 by 2026. 10. What will be the Conflux (CFX) price by 2027? Conflux (CFX) price might reach $9 by 2027. Top Crypto Predictions Polygon (MATIC) Price Prediction 2023 Chainlink (LINK) Price Prediction 2023 Cardano (ADA) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
Canellos left the SEC in 2014 after serving in executive positions for more than 4 years. Binance.US said on June 9 that it will be restricting U.S. dollar deposits. A former enforcement officer has reportedly been recruited by Binance US as part of its legal team to help defend itself against claims of operating as an unregistered securities exchange amid a lawsuit filed by the United States Securities and Exchange Commission (SEC). George Canellos, previously of the SEC and now with the international legal company Milbank LLP, is one of the four attorneys the Binance U.S is said to have hired. Canellos left the SEC in 2014 after serving in executive positions there for more than four years. Strengthening Defence Counsel Moreover, an ex-head of the SEC’s internet enforcement section, John Reed Stark, tweeted that it’s clear Binance is preparing for a criminal trial by maintaining the services of the world’s premier defense attorneys. Given the seriousness of the fraud charges brought by the CFTC and SEC, John claims that a DOJ prosecutor would seek prison time for anybody convicted or pleading guilty to offenses related to Binance. Furthermore, as the SEC pursues legal action against the exchange for failing to register as an exchange, broker and clearing agency, Binance US has added Canellos to its US Legal counsel. The SEC filed claims against Binance, a global exchange, and Coinbase, a U.S. exchange, in an effort to get an interim order freezing the assets of the U.S. exchange. Binance.US said on June 9 that it will be restricting U.S. dollar deposits and perhaps freezing fiat withdrawals starting on June 13 in response to the SEC’s actions. According to the bourse, the SEC’s “extremely aggressive and intimidating tactics” were the deciding factor. The Securities and Exchange Commission (SEC) has been criticized by lawmakers and industry leaders in the United States for its “heavy-handed” approach to crypto enforcement. Rep. Warren Davidson proposed legislation on June 12 to restructure the SEC, and in it he asked for the resignation of SEC Chair Gary Gensler.
 
Bitcoin (BTC) price hit its 3-month-low at $25.3K on Saturday. BTC supply last active over 1-5 years attain new ATH. After an intense episode of altcoins’ crash, cryptocurrency prices display their recovery rallies. Most importantly, Bitcoin’s (BTC) price marked its retracement into the $26,000 zone. Last week, Bitcoin recorded its lowest weekly closing over the past 3 months. According to the data from TradingView, the BTC price closed at $25,350. Right now, this largest cryptocurrency is up for retesting its macro downtrend breakout. At press time, BTC traded at $26,111 with a 0.97% uptick. Bitcoin (BTC) Price To A Breakout or Breakdown? Expert traders continue to post their analyses pointing out two contrasting scenarios for BTC — a breakout toward the upside or a breakdown to the dismal downside. First up is the opinion of Lark Davis, a famous crypto influencer. He highlighted the probability of BTC breaking the downtrend, similar to the 2015 and 2019 markets. Two metrics, BraveNewCoin Bitcoin Liquid Index (BNC-BLX) and the monthly MACD, were part of his analysis. Evidently, as per the chart, the MACD line is moving closer to the signal line. If a bullish cross is observed, BTC would confirm its upswing. On the other hand, another prominent crypto analyst known as RektCapital highlighted the confirmative breakdown signals. BTC/USD Weekly Price Chart (Source: TradingView) His analysis was centered on the last weekly close marked by Bitcoin (BTC) below the 200 EMA — around $26K. At the time of analysis, the price of BTC/USD was closer to the 200 EMA line. An uptrend would disprove the breakdown signals and the opposite would confirm the crypto’s new bottoms. Moreover, the accumulation of BTC by giant whales dropped to an “equilibrium,” as reported by glassnode. The ongoing Bitcoin (BTC) market sentiment also transitioned to the fear zone. Meanwhile, this largest crypto receives vital support from the Crypto community worldwide. Interestingly, on Monday, 500 enthusiasts in Argentina formed a 40-meter “B” of Bitcoin by holding up orange umbrellas. On Saturday, the BTC logo was projected on the walls of the central bank of the Czech Republic. Over 5 years ago, the bank’s statement — “Don’t be afraid of Bitcoin” — garnered attention from Bitcoin maximalists and criticism from fiat lovers.
 
Bullish SHIBprice prediction for 2023 is $0.00000767 to $0.00000988. Shiba Inu (SHIB) price might reach $0.00003 soon. Bearish SHIBprice prediction for 2023 is $0.00000461. In this Shiba Inu (SHIB) price prediction 2023, we will analyze the price patterns of SHIBby using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Shiba Inu (SHIB) Current Market Status Current Price $0.00000673 24 – Hour Trading Volume $84,992,169 24 – Hour Price Change 2.82% up Circulating Supply 589,349,060,311,593 All – Time High $0.00008845 (On October 28, 2021) SHIB Current Market Status (Source: CoinMarketCap) What is Shiba Inu (SHIB)? Shiba Inu (SHIB) was launched on the Ethereum blockchain and also resides on the Binance Smart Chain (BSC). This popular memecoin was developed and launched in 2020 by a pseudonymous founder Ryoshi. Shiba Inu exists as a potential contender to the largest memecoin, Dogecoin (DOGE). The Shiba Inu ecosystem is likely to launch its layer-2 blockchain called Shibarium by 2023. In March 2023, Shibarium Beta – named Puppynet – was launched. Alongside SHIB, Bone ShibaSwap (BONE) and Doge Killer (LEASH) are other tokens of the Shiba Inu ecosystem. Shiba Inu (SHIB) Price Prediction 2023 Shiba Inu (SHIB) ranks 18th on CoinMarketCap in terms of its market capitalization. The overview of the Shiba Inu price prediction for 2023 is explained below with a daily time frame. XRP/USDT Falling Wedge Pattern (Source: TradingView) In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down. At the time of analysis, the price of Shiba Inu (SHIB) was recorded at $0.000006598. If the pattern trend continues, the price of SHIB might reach the resistance levels of $0.00001179 and $0.00001793. If the trend reverses, then the price of SHIBmay fall to the support of $0.00000543. Shiba Inu (SHIB) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Shiba Inu (SHIB) in 2023. SHIB/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as the resistance and support levels of Shiba Inu (SHIB) for 2023. Resistance Level 1 $0.00000767 Resistance Level 2 $0.00000988 Support Level 1 $0.00000601 Support Level 2 $0.00000461 SHIB/USDT Support and Resistance Levels As per the above analysis, if Shiba Inu’s (SHIB) bulls take the lead, it might hit and break through its resistance level of $0.00000988. Conversely, if Shiba Inu’s (SHIB) bears dominate the trend, the price of SHIB might plunge to $0.00000461. Shiba Inu (SHIB) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Shiba Inu (SHIB) are shown in the chart below. SHIB/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Shiba Inu (SHIB) was below the cutoff line, denoting weak participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the SHIB price lies below 50 MA (short-term), indicating its downtrend. Hence, it can be concluded that SHIBis in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of SHIB is at 20.05. This denotes that SHIB is nearly oversold. Shiba Inu (SHIB) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Shiba Inu (SHIB) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). SHIB/USDT ADX, RVI (Source: TradingView) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of SHIBlies in the range of 57.73 pointing out a very strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of SHIB lies below 50, indicating low volatility. Comparison of SHIB with BTC, ETH Let us now compare the price movements of Shiba Inu (SHIB) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs SHIB Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of SHIB is similar to BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SHIB also increases or decreases respectively. Shiba Inu (SHIB) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Shiba Inu (SHIB) between 2024 and 2030. Shiba Inu (SHIB) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Shiba Inu (SHIB) might successfully test and surpass its resistance levels to hit $0.0001 by 2024. Shiba Inu (SHIB) Price Prediction 2025 The significant upgrades in the Shiba Inu ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Shiba Inu (SHIB) price to reach $0.0005 by 2025. Shiba Inu (SHIB) Price Prediction 2026 If Shiba Inu (SHIB) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.001. Shiba Inu (SHIB) Price Prediction 2027 Shiba Inu (SHIB) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, SHIB would rally to hit $0.003. Shiba Inu (SHIB) Price Prediction 2028 If Shiba Inu (SHIB) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, SHIB would hit $0.005 by 2028. Shiba Inu (SHIB) Price Prediction 2029 If investors flock in and continue to place their bets on Shiba Inu (SHIB), then the crypto would witness major spikes. Hence, SHIB might hit $0.01 by 2029. Shiba Inu (SHIB) Price Prediction 2030 If the trend momentum aligns in favor of Shiba Inu, then the SHIB price is expected to rally to $0.1 by 2023. Furthermore, SHIB would hold a positive market sentiment and be recognized as a long-term investment with a highly profitable ROI. Conclusion If Shiba Inu (SHIB) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Shiba Inu (SHIB) price prediction for 2023 is $0.00000988. Relatively, the bearish Shiba Inu (SHIB) price prediction for 2023 is $0.00000461. If there is a positive elevation in the market momentum and investors’ sentiment, Shiba Inu (SHIB) might hit $0.00003. With future upgrades and advancements in the Shiba Inu ecosystem, SHIB might surpass its current all-time high (ATH) of $0.00008845 and mark its new ATH. FAQ 1. What is Shiba Inu (SHIB)? Shiba Inu (SHIB) is a popular memecoin that was launched in 2020 as an ERC-20 token. It is compatible with both the Ethereum blockchain and Binance Smart Chain (BSC). 2. Where can you buy Shiba Inu (SHIB)? Traders can trade Shiba Inu (SHIB) on the following cryptocurrency exchanges such as Binance, Coinbase Exchange, KuCoin, Bitfinex and OKX. 3. Will Shiba Inu (SHIB) record a new ATH soon? With the ongoing developments and upgrades within the Shiba Inu platform, Shiba Inu (SHIB) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Shiba Inu (SHIB)? Shiba Inu (SHIB) hit its current all-time high (ATH) of $2.92 on December 27, 2021. 5. What is the lowest price of Shiba Inu (SHIB)? According to CoinMarketCap, SHIBhit its all-time low (ATL) of $0.00008845 On October 28, 2021 6. Will Shiba Inu (SHIB) hit $0.00003? If Shiba Inu (SHIB) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.00003 soon. 7. What will be the Shiba Inu (SHIB) price by 2024? Shiba Inu (SHIB) price might reach $0.0001 by 2024. 8. What will be the Shiba Inu (SHIB) price by 2025? Shiba Inu (SHIB) price might reach $0.0005 by 2025. 9. What will be the Shiba Inu (SHIB) price by 2026? Shiba Inu (SHIB) price might reach $0.001 by 2026. 10. What will be the Shiba Inu (SHIB) price by 2027? Shiba Inu (SHIB) price might reach $0.003 by 2027. Top Crypto Predictions Polygon (MATIC) Price Prediction 2023 Chainlink (LINK) Price Prediction 2023 Cardano (ADA) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
Robinhood had taken the same move in reaction to the SEC’s ruling. eToro has adopted similar measures in the past during Ripple and SEC lawsuit. Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) purchases on the retail trading platform eToro have been temporarily disabled for customers located in the United States as a result of a recent lawsuit from the Securities and Exchange Commission (SEC) designating these tokens as securities. A few days before, another cryptocurrency exchange, Robinhood, had taken the same move in reaction to the SEC’s ruling that Polygon (MATIC), together with Cardano (ADA), and Solana (SOL), are securities. Announcing on Twitter on June 12 that it had reviewed its cryptocurrency listings in light of “recent developments” with the SEC and “the rapidly evolving regulatory landscape,” eToro US said it has done so. Holders and traders on eToro in the United States may continue to sell the assets despite the fact that they will be technically delisted as of 6:00 am Eastern Time on July 12. The exchange announced: Similar Actions in the Past Members of the community have questioned why eToro US hasn’t highlighted the current case, which ruled that SOL is security. However, an eToro official has said categorically that SOL cannot be traded on eToro from the United States. The business has chosen to err on the side of caution after the SEC asserted in action against Binance and Coinbase that various assets, including ADA, SOL, MATIC, MANA, and ALGO, are securities. eToro has adopted similar measures in the past because of the SEC’s proclivity for litigation. The SEC filed suit against Ripple Labs in 2020, and by December of that year, the business had delisted Ripple (XRP). Recommended For You: Ripple CEO’s Optimism on Hinman Docs Point To XRP Bull Run?
 
India made many demands to block accounts related to the Farmers’ Protests on Twitter. Also, the Indian government threatens to shut it down and raid warnings. Former Twitter CEO Jack Dorsey claimed that the micro-blogging platform encountered “many requests” from the Indian government to block accounts covering “farmer protests” and those who criticized the government. In a startling revelation, Jack Dorsey stated that the Indian government exerted pressure on the social media platform to block accounts critical of the government. Dorsey further alleged that the government went as far as threatening to “shut it down by raid and arrest Twitter India employees.” The former CEO of Twitter described addressed this situation with a word “India is a democratic country” Jack Dorsey Interview (Source: Breaking Points) Twitter is Under pressure From Top Countries The statement by Dorsey sheds light on the increasing concerns surrounding freedom of speech and expression in India, particularly in the digital realm. The controversy surrounding the farmers’ protests, which began in late 2020, has been a subject of national and international debate, with social media platforms playing a significant role in disseminating information and opinions. However, following a massive strike by thousands of farmers at Delhi border crossings, Prime Minister Narendra Modi announced the repeal of the three contentious farm laws in November 2021. After that, Modi pleaded with the farmers to end their year-long protest after acknowledging his failure to persuade them. The three laws were withdrawn during the winter session of Parliament. In addition, Turkey behaved similarly to India, according to Jack Dorsey. The Turkish government also threatened the company’s closure. He added that Twitter frequently engaged in court battles with the government and prevailed. Further, Jack Dorsey hopes that Twitter will adopt technologies such as Nostr and the cryptocurrency market. But he described Elon Musk’s run as Twitter CEO as “fairly reckless.” Recommended for you Jack Dorsey’s Hopes for Twitter to Adopt Bitcoin Technology
 
SUI token surged 19.15% in 24 hours signaling a significant rebound. Last Week SUI faced a drastic decline of 38.13%. The SUI token has staged a notable recovery in the crypto market, experiencing a dramatic surge in price after a challenging week. Within the last 24 hours, the price soared to $0.709930 USD, marking a significant 19.15% increase. During the 24-hour period, the token exhibited price fluctuations between a low of $0.6062 and a high of $0.7122. SUI 24H PRICE CHART, SOURCE: CoinMarketCap This surge is particularly significant considering the recent bearish phase that saw the token experience a substantial decline of 38.13% last week. The token hit an all-time low price of $0.559, leaving the community concerned about its ability to recover. However, the recent slow recovery has instilled renewed confidence in the token’s value. SUI 7D PRICE CHART, SOURCE: CoinMarketCap The recent surge also underscores the potential impact of market partnerships and collaborations. Notably, their collaboration with Formula One’s Oracle Red Bull Racing team has garnered attention and contributed to renewed interest in the token. This high-profile partnership has the potential to enhance exposure and credibility within the crypto and motorsport communities, driving increased demand. Additionally, it is worth mentioning that SUI ranks 80 on CoinMarketCap, with a live market cap of $428,831,175 USD. It has a circulating supply of 604,047,436 coins and a maximum supply of 10,000,000,000 coins. As the SUI token experiences this significant rebound in price, market participants will closely monitor its future trajectory. While volatility remains a characteristic of the crypto market, the recent surge offers optimism for the community. Recommended For You Sui (SUI) Price Prediction 2023
 
London, United Kingdom, June 13th, 2023, Chainwire Chancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims to disrupt the betting industry by removing the ‘house’ from the picture and putting the markets firmly back in the hands of the bettors, allowing users to create their own betting markets, set their own odds, and create their own rules. Chancer is the world’s first decentralized predictive markets app — something co-founders and brothers Adam and Paul Kelbie believe will dramatically change how people bet, and ultimately, put the fun back into betting. Chancer positions itself as a betting facilitator, not a betting house, allowing users to create peer-to-peer (P2P) bets. These can be small, friendly bets amongst a small group of people, or huge, viral bets such as predicting the Champions League final result or who will win Best Director at the Oscars, in which masses of people can participate. Chancer doesn’t limit people to sport betting; bets can be made on any prediction or event, a stark contrast from most bookmakers. Its inherent appeal lies in the fact that users are in complete control of their bets and won’t lose to a traditional bookmaker who stacks the odds against them. “We’re confident that we can change the way betting and gambling works,” said Adam Kelbie, CEO of Chancer. “The next few months are going to be very exciting, and we’re thrilled that we can offer a new cryptocurrency in such a competitive market. We’re doing something no one else has done, disrupting an industry that has had the odds stacked against consumers since it began. It won’t be easy, but we’re ready for the fight.” How CHANCER works All bets and pay-outs are made in Chancer’s native token, ‘CHANCER’, which can then be traded with stablecoins like USDT. The online betting and gambling industry is huge, standing at approximately $64 billion (as of 2022), and Chancer aims to take advantage of that and claim a dominant position within the space. The CHANCER token will be launched on the BSC Blockchain, and is now available during its presale, which comprises of 12 stages in total. The token is now available at a price of $0.010 during stage one of the presale and will eventually rise to $0.021 by stage 12, an increase of 70% from the initial price in the first tranche of the presale. Revolutionizing the betting industry with future-forward capabilities As outlined in the whitepaper, the project has a well-planned roadmap outlining a variety of product use cases to draw different types of investor interest. Chancer also aims to achieve and maintain true decentralization. To do this, Chancer will have a proof of stake consensus mechanism so that no single party can take control of the network. Quadratic governance will hand decision-making over to the platform’s users. For full transparency, Chancer’s source code will remain open. This also means that anyone is welcome to review, contribute, and propose changes in how the platform works with the assurance that they will be listened to. Uniquely, Chancer will be channelled by the real-time communication capability of Google’s WebRTC to live stream events to its community. Chancer believes in rewarding its users and will therefore offer CHANCER tokens simply for using the platform, as well as providing a Share2Earn scheme, staking, and discounted fees for those who create and participate in the market, making it cost-effective for those who use the platform frequently. Another way to earn a passive income via Chancer is to become a node validator. About Chancer Chancer is set to develop the world’s first decentralized social predictive markets platform. This will allow Chancer token holders to create, participate in and profit from their very own predictive markets based on their interests, expertise and social opportunities. The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model. Website | Whitepaper | Socials Contact CEO Adam Kelbie Chancer [email protected]
 
Legal action by the SEC against Ripple began in December 2020. The current price of XRP stands at $0.5285. Ripple CEO Brad Garlinghouse states in a new tweet that the much-awaited “Hinman documents” were “well worth the wait,” hinting at their possible relevance in the current legal struggle between Ripple and the US Securities and Exchange Commission (SEC). Responding to a query from Jungle Inc, a cryptocurrency YouTuber, on June 12 via Twitter, Brad Garlinghouse mentioned that he and Ripple’s chief legal officer Stuart Alderoty believe that the unsealed “Hinman documents” make the 18-month legal fight worthwhile while being cautious not to go beyond their authority. By suggesting in his tweet, Garlinghouse hints at the possibility that the long-awaited Hinman documents might provide crucial information about the regulatory status of digital assets. That also includes XRP. In Ripple’s ongoing legal battle with the SEC over XRP’s security classification, the document contents could be highly significant. The term “Hinman documents” refers to internal communications within the SEC concerning a 2018 speech made by former Securities and Exchange Director William Hinman. During the speech, Hinman proposed that while cryptocurrencies such as Bitcoin and Ether might be deemed securities in the beginning. And they could transform into something resembling commodities once they attain a substantial degree of decentralization. Legal action against Ripple by the SEC was initiated in December 2020. With the allegation that the sale of its native XRP (XRP) token constituted an unregistered securities offering. As per CoinMarketCap, the present price of XRP stands at $0.5285, accompanied by a 24-hour trading volume of $1,194,706,040. Over the past 24 hours, XRP has observed a rise of 2.39% in its value. Recommended For You: Ripple (XRP) Price Prediction 2023
 
zkSync has reached 35 million transactions, demonstrating substantial growth. Partnership with ZettaBlock has significantly boosted zkSync’s transparency capabilities. zkSync’s upcoming data enhancements signal a commitment to user satisfaction. ZkSync, the Ethereum layer-2 scaling solution, recently announced crossing the significant milestone of 35 million total transactions in a remarkable demonstration of growth and efficiency. Moreover, the transaction data comes from ZettaBlockHQ, a full-stack Web3 data platform. Bolstering Transparency with ZettaBlock Interestingly, the collaboration with ZettaBlock has amplified zkSync’s transparency and performance monitoring capabilities. ZettaBlock, as many know, is a comprehensive web3 data platform specializing in indexing, querying, and data analysis. This relationship has furthered the scope for active addresses and daily transaction metrics, amongst others, to be available 24/7. Hence, developers and users can now get an in-depth view of the zkSync ecosystem at any time. Moreover, ZettaBlock allows zkSync to track new and unique daily active addresses, transaction success rates, and median transaction fees daily and overall. Consequently, this information serves as a powerful tool for measuring zkSync’s effectiveness, growth, and user engagement. Importantly, zkSync is not stopping here. Additional data points are set to be introduced soon. This further enhancement to their transparency initiative signifies zkSync’s commitment to growth and user satisfaction. zkSync’s growth is noteworthy, and the partnership with ZettaBlock has been crucial. Moreover, with the upcoming additional data points, zkSync is all set to provide users with a better experience and higher levels of transparency. In conclusion, by adopting ZettaBlock’s robust data infrastructure, zkSync is enriching its user experience and setting an example for others in the blockchain world. The current trajectory shows zkSync’s increasing popularity, backed by its ever-improving performance metrics. Significantly, the achievement of 35 million transactions is a testament to zkSync’s potential and pivotal role in the Ethereum ecosystem. Thus, with an unwavering commitment to efficiency and transparency, zkSync is set to push the boundaries of blockchain technology’s possible future.
 
Emin Gün Sirer highlights the need for regulatory clarity in the digital asset market. The classification of digital assets as securities or commodities remains ambiguous. Stablecoins offer stability but require comprehensive guidelines and oversight. Renowned blockchain expert Emin Gün Sirer has released his written testimony before the highly anticipated House Financial Services Committee hearing. In his testimony, Sirer uncovers the pivotal matters involving blockchains and digital assets while addressing the associated regulatory difficulties. The testimony delves into two key areas: digital asset market structure and the emergence of stablecoins. As the hearing approaches, stakeholders are eager to gain insights from Sirer’s extensive expertise. Digital Asset Market Structure: Seeking Regulatory Clarity Sirer’s testimony insists that the United States is in dire need of a uniform and explicit set of regulations governing digital assets. At present, a critical issue facing the country is whether to categorize these digital assets as securities or commodities. Due to this uncertainty, stakeholders, consumers, and investors seek more transparency and coherence in the regulatory landscape. According to Sirer, to determine jurisdiction, the central question is whether the digital asset falls within the definition of security as defined by the SEC. In addition, the testimony highlights the Howey Test, established by the Supreme Court in SEC v. W.J. Howey Co., which outlines four factors. As per the report, these factors collectively determine if an arrangement constitutes an investment contract. These factors include an investment of money, a common enterprise, an expectation of profits, and profits derived from the efforts of others. However, certain characteristics of digital assets may challenge their classification as securities, introducing ambiguity into the regulatory landscape. Sirer also points out that the inconsistent positions from regulatory bodies, such as the SEC and the CFTC, further complicate the matter. Disagreements on the classification of digital assets have been evident in recent enforcement actions, including the case of Binance. While the CFTC deems certain digital assets commodities, SEC Chair Gensler considers most digital assets, excluding Bitcoin, securities. These conflicting stances underscore the pressing need for congressional action to establish a clear and unified regulatory framework. Stablecoins: Facilitating Price Stability and Adoption The testimony also addresses the growing prominence of stablecoins, a class of digital assets designed to maintain a stable value by pegging them to other assets, often the U.S. dollar. Stablecoins offer reduced volatility compared to other digital assets, enabling their use as a form of currency. With their potential to bridge the gap between traditional finance and digital assets, stablecoins have gained significant traction. However, their proliferation has raised concerns regarding transparency, regulatory oversight, and potential systemic risks. To ensure the safe and effective use of stablecoins, Sirer advocates for comprehensive guidelines and appropriate oversight that balances innovation with investor protection.
 
On Monday, Twitter founder Jack Dorsey gave an interview on a YouTube channel. Jack Dorsey added that Elon knows deeply about the social media platform. Twitter founder Jack Dorsey has given his first interview since stepping down from the board last year. He hopes that the social media platform Twitter adopts technology like Nostr and the world’s largest cryptocurrency by market capitalization, Bitcoin. On Monday, Jack Dorsey gave an interview on a YouTube channel. In the interview, Jack stated that Elon Musk’s run as Twitter CEO was fairly reckless. Moreover, he discussed several topics, including endorsing presidential candidate Robert F. Kennedy Jr., his concerns about artificial intelligence, and Musk’s time running the social media platform. Jack mentioned that he asked Elon Musk to join Twitter’s board many times before he bought Twitter. Moreover, he added that Elon knows deeply about the social media platform because he is a technologist. Jack didn’t mention any specific Twitter features in the interview. Elon Musk introduced a lot of new features to the social media platform. It includes paid Twitter blue check marks and subscriptions. Jack has expressed his opinion about appointing new CEO Linda Yaccarino. He has confidence in Elon’s move as CEO. Jack added that he still owns three percent of this new company.
 
Token unlocks may influence supply dynamics. Market volatility is expected as tokens are unlocked. Investor sentiment will play a crucial role in post-unlock price movements. As the cryptocurrency market continues to evolve, several prominent tokens are scheduled for major unlocks in the coming week. These unlocks have the potential to significantly impact the supply and market dynamics of the respective cryptocurrencies. Let’s take a closer look at some of the notable token unlocks scheduled for the upcoming days. Key Token Unlocks to Watch Out For On June 14th, Filecoin (FIL) is set to unlock approximately 5.56 million tokens, valued at $19.1M. This represents 0.28% of the total supply. While the amount may seem relatively small, such unlocks can still influence the supply dynamics of Filecoin. Moreover, this is potentially affecting its market value. Similarly, on June 15th, BitDAO (BIT) will unlock 187 million tokens, valued at $79.3M. This significant supply release represents 1.88% of the total supply. Such a substantial unlock has the potential to introduce a considerable number of tokens into circulation, which may lead to increased market volatility. On the same day, BLUR (BLUR) will unlock 198 million tokens, valued at $64.8M, representing 6.62% of the total supply. Concerning the unlock, accounting for a significant portion of the supply, could have a profound impact on BLUR’s price and overall market sentiment. On June 16th, UNISWAP (UNI) will release 8.33 million tokens, valued at $34.5M, comprising 0.83% of the total supply. Although the unlocked amount is relatively smaller compared to other tokens, UNISWAP’s unlock is noteworthy due to its prominence in the decentralized finance (DeFi) ecosystem. Furthermore, TheGraph (GRT) is set to unlock 89.4 million tokens on June 17th, valued at $8.9M. However, this amounts to 0.89% of the total supply. While the value may not be as substantial, the unlock may still have implications for TheGraph’s market performance. On the same day, ApeCoin (APE) will unlock 15.6 million tokens, valued at $35.5M, constituting 1.56% of the total supply. The release of this sizable amount may generate market volatility as investors react to the increased supply. Additionally, ImmutableX (IMX) will unlock 18.1 million tokens, valued at $11.1M. Meanwhile, this is accounting for 0.91% of the total supply, on June 17th. The unlock of ImmutableX tokens is expected to attract attention from both traders and long-term investors alike. Finally, on June 18th, LIDO (4LDO) will unlock 7.92 million tokens, valued at $14.4M, representing 0.79% of the total supply. The unlock of LIDO tokens may lead to market fluctuations as market participants assess the implications of the additional tokens in circulation. The upcoming token unlocks for BIT, BLUR, APE, UNI, FIL, and other cryptocurrencies are anticipated to bring both excitement and uncertainty to the market. These unlock will likely influence the supply dynamics, market sentiment, and trading activity surrounding these tokens. Traders and investors should carefully consider the implications of these releases. However, they navigate the ever-evolving landscape of the cryptocurrency market.
 
SINGAPORE–(BUSINESS WIRE)–BinaryX announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Generated Content (AIGC). Building upon their GameFi expertise, BinaryX has reportedly entered into agreements with their VR and AIGC partners, AiGC Labs, to develop a groundbreaking new GameFi genre of AI-based VR games. First AI-Powered Virtual Reality Game on the Metaverse According to the team, BinaryX is preparing to launch the first-ever VR game which heavily features both VR and AIGC in collaboration with AiGC Labs. The team has not released the full details of the game yet, but has hinted that the game will be set in a character-rich universe inspired by heroes and characters from East Asian folklore. This comes just after Apple’s official reveal of their VR headset, Apple Vision Pro, during the Worldwide Developers Conference event on June 5. Using ChatGPT and GameGPT for Game Design The team revealed that they have been experimenting with ChatGPT to generate engaging gameplay and characters, and build compelling narratives for their games. The AI models helped the team explore and refine ideas for world-building, including ideas for environmental layout, challenges, and level design. Beside the AI-powered VR game, BinaryX has also been working on a separate AI-powered game that will be released sometime this year. “We are incredibly excited to unveil our latest venture into VR and AIGC technologies,” said Rudy, Head of Growth at BinaryX. “This is a significant milestone for our companies as we continue to push the boundaries of innovation in the Web3 gaming industry. Together with our partners, our team has poured talent and dedication into creating a game that will redefine the gaming experience and captivate players like never before. We’re excited to reveal the game to our players soon.” The game is currently still under development, and more details about the release will be shared on their social media. About BinaryX BinaryX is a GameFi and IGO platform, the force behind popular blockchain games such as CyberChess, CyberDragon, and CyberLand. These games run on the BNB Chain. For more details and information about BinaryX, please visit www.binaryx.pro About AiGC Labs AiGC Labs is an AI Web3 DAO, which brings together more than 100 technical experts worldwide to develop AIGC’s underlying technology, protocols and application layer settings. Contacts Contact: Kora Kim Email: [email protected]
 
Polygon NFTs are now available on Kraken NFT. Currently, enabling Reddit Collectible Avatars for purchase. Following the announcement of Kraken launching in the world of NFT, Polygon NFTs are made available on Kraken NFT, the marketplace to buy, sell and trade all NFTs (Non-Fungible Tokens). Additionally, the users or the investors can invest in Polygon NFTs through the Polygon network thereby they can collect the Reddit Collectible Avatars. More About the Launch To bring a massive chance of building an effective NFT adoption, Reddit Collectible Avatars is been launched. Reddit has user accounts of billion on a monthly basis where it offers millions of collectibles that investors. There are over 250+ collections made available on Reddit for trading. Subsequently, the Polygon NFTs can be purchased on Kraken with zero gas fees for crypto and cash. Being a scalable NFT blockchain, Polygon helps investors to trade collections with a reduced transaction fee. Meanwhile, the collaboration of launching Polygon NFTs on Kraken NFT is highly impacting the investors to trade them including the selective Reddit Collectible Avatars. This has created the hottest collection this Monday, in the crypto market. Recommended For You: Top 10 NFT Marketplaces Ranked by Trading Volume
 
North Korean hackers stole $3 billion via sophisticated digital impersonations. Illusionary workforce tactics led to a $600 million gaming platform breach. Escalating cyber deceptions signal an urgent need for advanced cybersecurity measures. In a scenario akin to a James Bond movie, North Korean hackers have outsmarted the globe. Within five years, they have stolen $3 billion in cryptocurrencies. Notably, this digital bonanza funds half of North Korea’s missile program, reports the Wall Street Journal. Their tactics, however, are far from common cyber-thievery. Disguising themselves as recruiters, IT workers, or government officials, these shadow cyber criminals have infiltrated the most unsuspecting targets. Moreover, in one high-profile case, they breached the digital pets game platform Axie Infinity in 2021. Posing as a job recruiter, a hacker infiltrated Sky Mavis, Axie’s parent company. This charade enabled them to abscond with $600 million from unsuspecting gamers. The Art of the Cyber Deception In a marked escalation of sophistication, hackers also masquerade as international tech experts. Japanese blockchain developers or Canadian IT professionals, for example. This illusionary workforce lures in unsuspecting victims, sometimes even offering lucrative salaries of up to $300,000 annually. In some instances, they ingeniously secure employment in the companies they aim to hack. Once inside, they subtly tweak products to create exploitable vulnerabilities. In addition, these digital imposters have sparked a race against time for companies globally. Each firm is pitted in a relentless struggle to outwit these invisible adversaries. One source even described this battle as an “arms race,” where the sophistication of the tactics employed by North Korean hackers is escalating exponentially. In conclusion, the digital currency world has never faced a more cunning or resourceful adversary. This saga, involving deceit, manipulation, and billion-dollar heists, demonstrates the urgent need for heightened cybersecurity measures worldwide. The stakes have never been higher, and the world watches as this digital drama unfolds. Disclaimer: The opinions expressed in this article are solely those of the writer and not of this platform. The data in the article is based on reports that we do not warrant, endorse, or assume liability for.
 
JPMorgan accepted a settlement for resolving the lawsuit against them. More than 120 victims are getting a legal judgment for their loss. JPMorgan Chase & Co, the financial services in New York City, America has been alleged to pay a tentative settlement of around $290M. This is due to the lawsuit raised against them and resolving the sexual abuse victims of Jeffrey Epstein, a financier. However, this Monday, the claim has been recorded as a result of the federal lawsuit documented a year ago. Following the judgment of proceeding the case as a class-action lawsuit in Manhattan’s District Court, United States, the settlement is announced. Meanwhile, one of the lawyers, David Boies condemned that the bank agreed to the payment resolving the lawsuit. Also, there was no such agreement signed by JPMorgan as it will be added in the court filing, in the coming week. More About the Case & Lawsuit Back in 2019, Epstein was accused of a sexual crime against him and prisoned in Manhattan jail. He then killed himself soon after his arrest. Correspondingly, the CEO of JPMorgan, Jamie Dimon was doubted for having a connection with Epstein. Thereby, JPMorgan is facing a lawsuit raised against them by U.S. Virgin Islands. JPMorgan has been ignoring the alerts given against Epstein for his illegal sexual offense over women of different ages from a teenage girl. The lawsuit reached for JP Morgan said that the bank has ignored all the red flags of the client Epstein as he was termed as a high-status client. Later on in 2006, as per the reports claimed, Epstein is termed a ‘high-risk client’. Moreover, the reports added the unusual withdrawals and the evident payments to young girls. As of now, JPMorgan said: Also, the lawyer Boies said: Moreover, there are 120+ victims affected and are getting paid as a result of the judgment so far. The lawyers proclaimed that the victims should be justified though the case retains long years.
 
The university plans to launch an independent XRP ledger validator. The collaboration improves the crypto hub in Toronto. Ripple’s University Research Blockchain Initiative (UBRI) has announced its partnership with the University of Toronto. Ripple (XRP) has continuously taken steps to show its commitment to encouraging talent and innovation in the Canadian region. It especially improves the crypto hub in Toronto. The partnership strengthens Ripple’s ties to Canada. The university plans to launch an independent XRP ledger validator. Moreover, it will play a major role in recruiting XRPL campus ambassadors in the future. The new UBRI partnership will help grow important blockchain and crypto technology research in Canada. At the same time, the partnership provides students with opportunities to learn technical skills for a crypto-native career. Ripple’s Contribution to Canadian Universities As part of the collaboration, UBRI aims to support research and development. According to the report, UBRI has invested $2 million in top-tier Canadian universities over the five years since its launch. This is to encourage innovation and growth in blockchain-based research and education. Now the University of Toronto joins the current URBI partners, the University of Waterloo and Toronto Metropolitan University. Professor Atefeh Mashatan, Director of the Cybersecurity Research Lab at Toronto Metropolitan University, Stated Moreover, Ripple’s unwavering dedication to encouraging talent and innovation in the Canadian region is evident through its continuous efforts. By actively supporting the top universities, Ripple has played a significant role in encouraging technological advancements in Canada through various initiatives and collaborations.
 
Polygon 2.0 aims to be the Internet’s ultimate Value Layer. Community engagement drives Polygon’s transformative evolution. Polygon 2.0 offers unlimited scalability and unified liquidity via ZK tech. Today stands as a pivotal moment in the advancement of blockchain technology with the announcement of Polygon Labs’ bold initiative, Polygon 2.0. Far from being a simple upgrade, this initiative represents a comprehensive overhaul, completely transforming all facets of the Polygon platform. A Bold Vision for the Internet’s Value Layer With a simple yet profound vision, Polygon seeks to become the Value Layer of the Internet. Besides facilitating the creation and exchange of information, the Internet is now poised to allow anyone to create, program, and exchange value. However, this monumental transition is not merely conceptual. Polygon 2.0, in effect, is a blueprint meticulously crafted to make this a reality. The updates, hence, extend from protocol architecture to tokenomics and governance. These changes mark the roadmap for Polygon’s metamorphosis into the Value Layer, offering unlimited scalability and unified liquidity via Zero-Knowledge (ZK) tech. Community Engagement: Fueling the Evolution On the flip side, the success of Polygon’s undertaking hinges significantly on the proactive involvement of its user base. In the coming weeks, the team at Polygon Labs will disclose a comprehensive breakdown of all elements encompassing Polygon 2.0. To make this information more accessible, they will disseminate these insights via a stream of blog entries, Ask Me Anything (AMA) sessions, and more. Significantly, the community will learn about the future of the Polygon PoS chain, the evolution of its native token, and a transition towards more excellent community governance. Furthermore, the process will facilitate more effective management of the protocol and treasury, marking an essential step toward democratizing the platform. In essence, Polygon 2.0 marks the dawn of a new era. Moreover, Polygon Labs calls upon its community to engage, understand, and contribute to this transformation.
Up