XRP is sloping down by 4.97% over the last 24 hours. Japanese SBI Group is willing to adopt XRP by the year 2025. On Thursday, Ripple, the blockchain-based crypto firm collaborated with Colombia’s Central Bank named Banco de la República. Also, it is inspected that this partnership would explore the world of blockchain technology. Yet, the market has remarked a sudden drop than grossing high. The hitch is that the overall price of XRP on a monthly basis is increased by 11.74% but the current market price is down by 4.97%. Meanwhile, the market capitalization across the crypto market has decreased by 6.09%, worth $25B. XRP Price Chart (Source: CoinMarketCap) According to CoinMarketCap, the XRP is trading at an increased rate of over $2B by 30.08% when compared to the previous day. Ultimately, the current circulating supply of XRP tokens is halfway which is 51.99% of its total supply. As the crypto market is sloping down, the global market cap is decreased by 3.69% yet it holds $1.02 trillion. XRP Adoption in Japan By the time of 2025, the Japanese government is trying to adopt XRP by expanding in the banking sectors. The Strategic Business Innovator Group (SBI) discloses the XRP token adoption in Japan through a roadmap. Furthermore, it has been aimed to be brought by Osaka Expo thereby Tokyo’s SBI is marching to launch SBI VCTrade in the upcoming month. This outrages the exchange of Japanese Yen for XRP tokens which would liquidate the cross-border transactions. The CEO of SBI, Yoshitaka Kitao has added that the SBI’s efforts are nurturing compared to other financial firms. The XRP adoption is further raised as the expansion of futuristic cross-border settlements. Concerning Kitao’s view on XRP, the SBI Group is still ahead to build innovative development among Japan’s fintech institutions. Recommended For You: Ripple Partners With Columbian Central Bank Over CBDC Adoption

The entire loss from the assault, according to FPG’s estimations, is between $15 and $20M. FPG is a global brokerage that connects institutional investors with the crypto markets. Floating Point Group, a crypto brokerage firm, reported on June 12 that it has suspended trading, withdrawals, and deposits after a hack on June 11. The entire loss from the assault, according to FPG’s estimations, is between $15 and $20 million. Moreover, after identifying the security compromise, FPG reportedly locked all third-party accounts and migrated wallets, as stated in a message published on the company’s official Twitter account on June 15. Trading, deposits, and withdrawals were subsequently suspended out of “an abundance of caution.” Account separation, the company said, “limited the overall impact” of the assault. FPG is a global brokerage that connects institutional investors with the cryptocurrency markets. FPG and its customers together manage $50 billion in assets, according to the company’s website. Investigation Underway It is doubtful that this new event would increase institutional interest in the cryptocurrency area given that the crypto industry is already suffering from decreasing prices and growing hostility from regulators. Also, in December of 2022, FPG was able to get its SOC 2 Type 1 certification. After engaging in voluntary consultation with the cybersecurity organization Prescient Auditors. This clearance was awarded based on the results of an official audit of the company’s internal data controls. Which were performed to confirm the controls’ integrity. FPG stated: FPG said that it could not provide any more information about the investigation since it was still in progress with the relevant law enforcement authorities.

Voyager Digital is getting ready to restore its app and enable user withdrawals. The withdrawal period would begin between June 20 and July 5. Nearly a year after filing for Chapter 11 bankruptcy, cryptocurrency brokerage Voyager Digital is getting ready to restore its app and enable users to finally withdraw their funds. In a court filing dated June 14, Paul Hage, administrator of Voyager’s bankruptcy plan, stated that the withdrawal period would begin between June 20 and July 5. He also said that the Voyager app will be updated around June 15 to display the amount available for withdrawal. After 30 days, clients may withdraw cryptocurrency through the Voyager app or get a cash payout, both of which are part of the bankruptcy plan that was first authorized by the court on May 17. Recovering Assets Still Underway Although the first distribution permits just over 35% of customer funds to be withdrawn, Hage mentioned in the filing that bankrupt crypto hedge fund Three Arrows Capital still needs to pay Voyager $650 million, so “the primary focus will shift to recovering additional assets that can be distributed to creditors” after the initial distribution is completed. Creditors may also be able to access an additional $445 million in customer cash if and when Alameda Research’s preference claim against Voyager is resolved, which is not anticipated to occur until at least the middle of September 2023. Voyager first filed for bankruptcy on July 5. Two previous bankruptcy plan proposals were presented, but both plans were rejected. The first was supposed to go to FTX US in the United States, but when FTX filed for bankruptcy, the $1.4 billion contract fell through. Following that, Binance and the company struck a $1 billion dollar transaction that also could not go through. Recommended For You: Court Orders Extradition of Do Kwon to South Korea Post Bail Approval

OCM makes history again with generative art collectibles on Bitcoin REDMOND, Wash.–(BUSINESS WIRE)–OnChainMonkey (OCM) has announced the launch of its next NFT collection, OCM Dimensions. This significant milestone brings together art, engineering, technology, and innovation to enshrine a historic first-of-its-kind generative art collection on Bitcoin. Crafted entirely from code, OCM Dimensions showcases a groundbreaking way high-quality art can be inscribed on Bitcoin while using limited block space, a challenge that others have not overcome. These iconic designs offer a stunning view of code on each satoshi, with detailed renderings of lighting, movement, and vibrancy. These NFTs are designed specifically for Bitcoin, as they are inscribed on satoshis from January 2009 (the month Bitcoin went live). Meticulously crafted by Metagood’s world-class art and engineering team, the OCM Dimensions NFTs are 3-dimensional, interactive, and dynamic, and the inscription technology used to generate them on-chain will set the standard for generative art on Bitcoin. Crafted entirely from code, OCM Dimensions showcases a groundbreaking way high-quality art can be inscribed on Bitcoin while using limited block space, a challenge that others have not overcome. By bringing this groundbreaking collection to the Bitcoin blockchain, OnChainMonkey solidifies the platform as the undisputed home for high-value digital assets, offering groundbreaking artistic expression and true digital ownership. “Metagood’s vision for the OnChainMonkey community and the entire OCM project is to create a prosperous global nation that prioritizes financial enrichment, physical health, social connection, and purposeful impact,” said Danny Yang, co-founder and CEO of Metagood, the company behind the OnChainMonkey collection. “Our latest collection offers community members the opportunity to become early adopters of not only historic, high-quality Bitcoin NFTs, but also the most efficiently inscribed Bitcoin NFTs available today.” OCM Dimensions is one of the first 3D NFT collections on Bitcoin and demonstrates that these engaging pieces can be issued in an efficient way that does not impact the performance of the Bitcoin blockchain. Bitcoin miners and Bitcoin users will not be affected by the launch given our efficient way of inscribing. However, bitcoin HODLERs and miners will benefit from the launch of OCM Dimensions, as it secures even more high-value assets onto the increasingly valuable Bitcoin blockchain. Metagood, the creator of the OnChainMonkey collection, is a consistent leader in NFT technological innovation. Its first collection, OCM Genesis, minted the entire 10,000-strong collection on the Ethereum blockchain in a single transaction. This had never been done before and marked a milestone in NFT scalability. In February 2023, the OCM Genesis collection became the first-ever 10,000 PFP (profile picture) collection to also be inscribed on Bitcoin. In April 2023, Metagood partnered with Asprey Studio on the upcoming Asprey Bugatti Egg Collection. Metagood will be the digital asset partner inscribing digital counterparts of their luxury objets on the Bitcoin blockchain. Once again, OnChainMonkey and its partner company Metagood are revolutionizing NFTs with their groundbreaking OCM Dimensions collection, which will become the world-first 3D NFT collection to be fully inscribed on-chain on the Bitcoin network. The collection will utilize the Ordinals protocol. The first 300 OCM Dimensions will be minted directly on Bitcoin, then the remaining collection (up to 2,000) will be minted on Bitcoin via burnable Ethereum NFTs that the first OCM Genesis NFT collection can consume over time to generate its respective OCM Dimensions on Bitcoin. Hiro Wallet and Xverse are official wallet partners of the collection. OnChainMonkey will soon be announcing an amazing new collection with the generative artist, Alexis André. To learn more about the OCM Dimensions collection, click here. About OnChainMonkey Launched by the NFT company Metagood, OnChainMonkey is the first non-fungible token (NFT) profile picture collection created on-chain in a single transaction on Ethereum. Recently OnChainMonkey marked history again, becoming the first 10k PFP NFT collection inscribed on Bitcoin in a single inscription. The collection of 10,000 randomly generated NFTs is led by an experienced team, including Danny Yang, who founded Taiwan’s largest cryptocurrency exchange; Amanda Terry, who served as a digital media business development executive at Twitter and NBC; and Bill Tai, a legendary venture capitalist who was the first investor in Zoom and early investor in Canva, Dapper Labs as well as over 20 companies that have become publicly listed. The OnChainMonkey community is building businesses in Web3 and aims to “do well and do good,” creating value for token holders and promoting social good. To learn more about OnChainMonkey, visit onchainmonkey.com. About Metagood Metagood is a leader in blockchain technology and digital assets, setting a new standard for innovation in the crypto industry. In 2021, Metagood launched the first 10k on-chain profile picture NFT collection in one transaction on Ethereum. This year, the company was the first to inscribe a 10k NFT collection on Bitcoin. Metagood was recognized in Fast Company’s 2022 Best World Changing Ideas Awards for Impact Investing. Metagood strives to build a better future for Web3. Through its innovative NFT collection OnChainMonkey (OCM), Metagood has created value and contributed to important causes. Those causes included funding the successful evacuation of Sharbat Gula (known as “Afghan Girl” from the iconic 1984 National Geographic cover) and her family from Afghanistan, donations to humanitarian aid in Ukraine, and more. Metagood was founded by veterans with decades of business experience. Its chairman, Bill Tai, a legendary venture capitalist, has been at the forefront of the crypto space since 2010. Danny Yang, the CEO, founded both Maicoin, Taiwan’s largest cryptocurrency exchange, and Blockseer, a blockchain technology company providing services to customers like the FBI, US Secret Service, and the DHS. He also founded the Stanford Bitcoin Meetup in 2013. Amanda Terry, the COO, is a former business development executive at Twitter, NBC and the co-founder of ACTAI Ventures, where she serves as its managing partner. To learn more about Metagood, visit metagood.com. Contacts Press contact: [email protected]

World Challenge Game integrates Chainlink VRF for tamper-proof randomness in NFTs. Fusion of digital and physical gameplay in World Challenge Game’s hybrid experience. Chainlink VRF was chosen for secure and verifiable random number generation. In a momentous stride, World Challenge Game has seamlessly integrated Chainlink Verifiable Random Function (VRF) on the Polygon mainnet. By harnessing the prowess of this industry-leading decentralized oracle network, they have unlocked an unparalleled source of tamper-proof and auditable randomness. Consequently, a thrilling and transparent user experience unfolds, where participants possess cryptographically verifiable guarantees surrounding the NFT minting process’s inherent randomness. Fusing strategic gameplay and general knowledge trivia, the World Challenge Game offers an exceptional blend of digital and physical engagement. The game’s physical board version can be procured online or from retail outlets. Moreover, it caters to enthusiasts who relish traditional tabletop experiences. Simultaneously, a mobile app hosts the digital iteration, immersing players in riveting matches against global adversaries. To infuse the “genetics” of their inaugural NFT collection with randomness, a secure random number generator (RNG) accessible for independent scrutiny was imperative for the World Challenge Game. However, ensuring the integrity of RNG solutions for smart contracts mandates accurate security measures. Blockchain-derived RNG solutions like block hash fall prey to manipulation by miners, while off-chain alternatives from external APIs need more transparency and furnish users with definitive proof. In light of an exhaustive evaluation, World Challenge Game’s discerning eye settled upon Chainlink VRF, lauding its foundation in pioneering academic research backed by a time-tested oracle network. Crucially, the generation and on-chain verification of cryptographic proofs substantiates the integrity of each random number injected into smart contracts. CEO Bogdan Tapu Praises Chainlink VRF’s Provably Fair Randomness The mechanics of Chainlink VRF reveal a captivating process. Unbeknownst at the time of the request, block data merges ingeniously with the pre-committed private key of the oracle node, ushering forth both a random number and a cryptographic proof. Consequently, the World Challenge Game smart contract only validates random number inputs accompanied by valid cryptographic proofs, thus affirming the tamper-proof nature of the VRF process. This revolutionary implementation empowers users with automated and on-chain verifiable guarantees, instilling unwavering confidence in the fairness of the genetic randomness encapsulated within each NFT. Importantly, this bolsters trust by mitigating any suspicion of tampering, be it by the oracle, external entities, or the World Challenge Game team. Bogdan Tapu, the visionary CEO of World Challenge Game, extols the virtues of Chainlink VRF, recognizing its provision of a cryptographically secure and provable mechanism to embed tamper-proof randomness within their NFTs. This pivotal selection bolsters their adherence to the Web3 ethos, bolstering user trust in their remarkable collection. The integration of Chainlink VRF heralds a landmark moment for World Challenge Game, catapulting them to the vanguard of innovation in the hybrid board game landscape. Empowered by this state-of-the-art technology, they have unfurled a new epoch of fairness and transparency within NFT character genetics. Recommended For You: Chainlink (LINK) Price Prediction 2023 — Will LINK Hit $20 Soon?

Coinbase has entered into a global partnership with Bitkey. The crypto exchange is building the most trusted crypto products and services. Coinbase, the leading crypto exchange, has consistently made headlines within the crypto community. The exchange faces a lawsuit by the U.S. Securities and Exchange Commission. The whole crypto market has been waiting for the end of the SEC’s case against the crypto exchange. On the other hand, Coinbase has entered into a global partnership with Block’s self-custody Bitcoin wallet, Bitkey. On June 15, the exchange tweeted the announcement of its partnership with Block’s Bitkey Wallet. The partnership will incorporate Coinbase Pay’s ability to transfer existing Bitcoins (BTC) and buy or sell Bitcoin enabled by Coinbase in Bitkey. Coinbase to Expand Their Presence Across Six Continents According to the report, the international partnership spans six continents. Bitkey is the self-custody Bitcoin wallet built by Block. Moreover, that includes a mobile app, a hardware device, and a set of recovery tools. Bitkey aims to empower the next 100 million people to truly own and manage their money with Bitcoin. The Coinbase Pay platform offers a simple and secure way for users to fund their accounts with crypto within apps, wallets, or marketplaces. Moreover, users can also enjoy seamless fiat-to-crypto onramps, and businesses benefit. The new game-changing feature allows users to effortlessly move their Bitcoin from centralized exchanges to the secure Bitkey self-custody wallet. In recent times, the crypto market has witnessed a lot of development and innovation. To stay ahead, Coinbase is building the most trusted crypto products and services. Through the global partnership, the crypto exchange has taken a key step towards its goal of powering the Bitcoin economy. The global partnership is expected to increase people’s trust in the crypto exchange and strengthen Coinbase’s position in the lawsuit.

The Montenegro Basic Court twice authorized bail for Do Kwon and Han Chang-joon. The High Court judge ruled to extradite Do Kwon and Han Chang-joon to South Korea. According to those acquainted with the case, the Montenegro High Court has granted bail to Terra co-founder Do Kwon and former CFO Han Chang-joon. The High Court judge who oversaw the probe also determined that South Korean nationals who were being held for possible extradition to South Korea would stay in jail. Also, Court spokesman Marija Rakovic said that on June 15 the Montenegro High Court affirmed the decision of Judge Ivana Becic of the Montenegro Basic Court to approve bail for Terra co-founder Do Kwon and former CTO Han Chang-joon. To Remain in Custody The Montenegro Basic Court twice this month authorized bail for Do Kwon and Han Chang-joon at 400,000 Euros ($436,000), with additional restrictions including monitoring and other legal procedures. The passport forgery case and the appeal from the prosecution were sent up to the High Court of Montenegro. They were granted bail by the Montenegrin High Court so that they could provide a defense against allegations of document fabrication. The High Court judge’s ruling to extradite Do Kwon and Han Chang-joon to South Korea means that they will stay in custody. Do Kwon’s political alliance with Milojko Spajic, a former minister of finance, has been in the news since 2018. Former Prime Minister of Montenegro Dritan Abazovic said he had received a letter from Do Kwon about his connections to Europe Now party president Spajic. In 2018, the former minister of finance and his employer both made investments in the Terra project, which is where he met Do Kwon. Unfortunately, they lost everything in the Terra-LUNA crisis, “which is why we had the special satisfaction of reporting him to authorities.” Milojko Spajic is also acquainted with Vitalik Buterin, one of Ethereum’s co-founders.

The two companies have partnered to examine the recently released Ripple CBDC Platform. The third stage is all about raising awareness among national and territorial governments. The Colombian Central Bank, Banco de la Republica, and the blockchain payments startup Ripple Labs Inc have signed a strategic cooperation agreement to research the potential applications of blockchain technology in the realm of Central Bank Digital Currency (CBDC). Peersyst Technology, a specialist blockchain technology startup, and the Ministry of Information and Communications Technologies (MinTIC) have formed a collaboration. Pushing CBDC Adoption Also, according to a tweet from Peersyst, the two companies have joined forces to examine how the recently released Ripple CBDC Platform, which is built on the XRPLedger’s (XRPL) core technology, may be used to enhance use cases in the high-value payment system. As such, this pilot program would be created during MinTIC’s third round of blockchain research. Moreover, the third stage is all about raising awareness among national and territorial governments. Especially, about how blockchain technology might transform payment systems and data management. Real-world application trials that encourage participation from many participants will be used to raise awareness. In addition, Ripple’s CBDC Platform testing won’t endanger public infrastructure. ICT Minister Mauricio Lizcano stated: It will also provide a technical answer (Prototype) that will enable simulations of various high-value payment system use cases. The Colombian Central Bank and MinTIC, according to James Wallis, vice president of central bank engagements and CBDCs, are pioneering a new era of digital innovation with their forward-thinking approach. Recommended For You: Ripple CTO Claims Uniswap is Not a Decentralized Entity

BlackRock poised to enter the Bitcoin ETF market, relying on Coinbase Custody and spot market data. Collaboration between BlackRock and Coinbase paves the way for institutional access to cryptocurrencies. Uncertainty looms as BlackRock’s Bitcoin ETF plans remain undisclosed amidst regulatory challenges. BlackRock, the world’s largest asset manager, is reportedly nearing the submission of an application for a Bitcoin ETF (exchange traded fund), as per an individual familiar with the situation. The source further stated that BlackRock intends to utilize Coinbase (COIN) Custody for the ETF, while relying on the crypto exchange’s spot market data for pricing. Coinbase declined to provide any comments on the matter. BlackRock commenced Coinbase collaboration in 2022 In mid-2022, BlackRock commenced its collaboration with Coinbase to enable direct access to cryptocurrencies for institutional investors. However, it remains unclear whether the proposed ETF will be based on spot or futures contracts. BlackRock has not yet responded to requests for comment. It is worth noting that the Securities and Exchange Commission (SEC), responsible for overseeing ETFs in the United States, has so far rejected all applications for spot bitcoin ETFs, while approving several bitcoin futures ETFs for trading. As the situation surrounding the BlackRock Bitcoin ETF remains uncertain, with no official statement or confirmation from the company, it is crucial to consider the regulatory landscape and the SEC’s previous stance on spot bitcoin ETF applications. The digital asset industry in the United States currently faces an uncertain regulatory environment. Recently, the US Securities and Exchange Commission (SEC) took enforcement action against two of the country’s largest cryptocurrency exchanges. Despite these developments, a major investment firm remains undeterred and continues its involvement in the industry.

The European Central Bank (ECB) cited concerns about prolonged high inflation. Beginning on June 21, 2023, these prices new measures will apply. On Thursday, the European Central Bank (ECB) announced a 25 basis point increase to its benchmark interest rate, which is one of three main rates set by the ECB. In light of the decision made by the bank’s Governing Council, the interest rates on the bank’s primary refinancing operations, marginal lending facility, and deposit facility will all be raised to 4.00%, 4.25%, and 3.50%, respectively. Beginning on June 21, 2023, these prices will apply. This follows a downturn in the cryptocurrency market in response to the Federal Reserve’s comments on the possibility of a rate hike later in 2023. Unlike ECB, the Fed decided to pause the interest rate hike for now. Fighting Prolonged Inflation The European Central Bank (ECB) cited concerns about prolonged high inflation as the rationale for its decision to raise interest rates. Bitcoin’s price increased on Thursday after a 4.19 percent drop in the last 24 hours in response to the European Central Bank’s rate rise. Although the bears were able to take control yet again. Positive reactions in the cryptocurrency market followed a similar move by the European Central Bank at its meeting in May of 2023. The European Central Bank’s Governing Council expects inflation to decline over the course of the next two years. In a statement, the ECB Council said: In order to attain its medium-term goal of reducing inflation to 2%, the ECB has said that it would adopt a sufficiently restrictive posture going ahead.

Stockholm, Sweden, June 15th, 2023, Chainwire BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation Swedish-American fashion brand BLK DNM today unveils the first-ever example of connected fashion (garments that exist both physically and virtually, each aspect ‘twinned’ via technology) with the launch of BLK DNM Society and integration of blockchain-powered hardware and software into its products. BLK DNM Society, built on tech designed by blockchain innovator and BLK DNM owner ChromaWay, will grant each garment a unique and recordable identity in both the physical and virtual worlds, while also rewarding ethical behaviour and granting brand influence to owners. Blockchain-powered ‘digital garment ID’ microchips will give each item a unique identity and record of its history Chips form the hardware element of BLK DNM Society, which launches in tandem and rewards responsible behavior and ownership Tech will first appear in BLK DNM’s FW 2023 collection The Hardware: Digital Garment IDs Future BLK DNM clothing will be fitted with a ‘digital garment ID’ – an undetectable chip that gives each physical item a unique and recordable identity. Some of the first features of the digital garment IDs will include: Authentication of the garment as genuine, eliminating fakes and counterfeiting Rewarding responsible behaviours of treasuring and caring for clothing long-term, such as refurbs and second-hand purchases Recording each individual garment’s unique history – owners, events and places worn, repairs and alterations – enabling the item to accrue emotional and monetary value over time Acting as a digital ticket for entry to events Access to and voting rights within BLK DNM Society BLK DNM Society The digital garment IDs are the first hardware elements of BLK DNM Society, which launches in tandem. The first example of connected fashion, BLK DNM Society is a community of BLK DNM owners, connected virtually by their physical items, who are rewarded for responsible behaviours and are granted voting rights on key brand decisions based on item ownership – thereby beginning the first ever process of decentralising a fashion brand’s stewardship. Each digital garment ID will create a ‘digital reflection’ of the physical garment: a twin in the virtual world where the physical item’s history and place within BLK DNM Society is recorded. The digital reflection can also be worn in the metaverses, catering especially to younger generations whose identities in virtual worlds are equally as important as in the physical. FW 2023 Digital garment IDs will be revealed at BLK DNM’s FW event in Paris on June 21st. For this first collection, the chips will be embedded in only leather items, with subsequent collections introducing more items to BLK DNM Society through embedded blockchain-enabled hardware. Toni Collin, CEO of BLK DNM, and Henrik Hjelte, CEO and Co-founder of ChromaWay About BLK DNM BLK DNM is a Swedish-American fashion brand that specialises in timeless tailoring, leather, and denim of extraordinary quality. Following its 2023 relaunch as an entry-luxury fashion house under the stewardship of new Creative Director Jessy Heuvelink, BLK DNM’s focus on both enduring craftsmanship and aesthetic timelessness encourages customers to love and treasure each item for decades and across generations. About ChromaWay ChromaWay is an industry leader in blockchain technology and specializes in creating and deploying cutting-edge, scalable blockchain solutions for both businesses and governments. The company, which was established in 2014 and has its headquarters in Stockholm, Sweden, has been at the forefront of driving the widespread adoption of blockchain technology. Its flagship product, relational blockchain Chromia, enables developers to build decentralized applications (dApps) with a relational database model that offers unprecedented scalability and flexibility. Contact Fati Hakim [email protected]

There was a successful burn of 7,825,621 SHIB tokens, an increase of 945.5%. SHIB price has remained in the red zone despite the community’s best attempts. Shiba Inu has increased the burn rate of SHIB tokens dramatically, showing extraordinary commitment. Recent data from the Shibburn website shows an astounding increase of approximately 1,000% in the burn rate, after a period of constant reduction. The Shiba Inu fandom has made incredible strides in the past day toward its goal of lowering the supply of its cherished meme currencies. There was a successful burn of 7,825,621 SHIB tokens, an increase of 945.5% over the previous day’s burn of 748,502 coins. These staggering figures add to the week’s total of burnt SHIB tokens, which is rapidly approaching the 300,000,000 level. The Shiba Inu community has been continuously burning between one and two billion SHIB tokens every seven days, thus this number represents a significant decrease from recent weeks. Developer Shytoshi Kusama, head of the Shiba Inu ecosystem, reportedly teased the SHIB army recently, saying, “Something physical is coming.” In the tweet, one can get a preview of the final image, which has the Shiba Inu emblem in monochrome. Price Still Trading in Red With this tangible update, Kusama has triggered a wave of suspense and conjecture. Investors and fans alike have been attracted by his engagement and impact. The Shiba Inu (SHIB) price has remained in the red zone despite the community’s best attempts to promote token burning. The token dropped by 30% over the weekend after hearing that the SEC has filed regulatory charges against the two largest cryptocurrency exchanges. The price of SHIB has decreased 4.07% over the previous 24 hours as per CMC and a significant 17.41% over the past week, therefore the overall trend is still negative.

DUBLIN–(BUSINESS WIRE)–The “Global Cryptocurrency Market Size, Share, Growth Analysis, By Type, By Process, By Application – Industry Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market size was valued at USD 4.06 billion in 2021 and is poised to grow from USD 4.57 billion in 2022 to USD 13.18 billion by 2030, growing at a CAGR of 12.5% in the forecast period (2023-2030). Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It is a decentralized form of currency that allows for secure and anonymous transactions, and its value is determined by market demand. Cryptocurrency has gained popularity in recent years and is used for a wide range of purposes, including as an investment, for online transactions, and as a means of payment. Segments covered in this report The Global Cryptocurrency Market is segmented on the basis of Type, Process, Application, and Region. Based on Type, the Cryptocurrency Market is segmented into Bitcoin, Ethereum, Bitcoin Cash, Ripple, and Others. Based on Process, the Cryptocurrency Market is segmented into Mining, Transaction. Based on Application, the Cryptocurrency Market is segmented into Trading, Remittance, Payment, and Others. Based on region, the global Cryptocurrency market is segmented into North America, Europe, Asia-Pacific, South America, and MEA. Driver The cryptocurrency market is the increasing adoption of blockchain technology. Blockchain is a decentralized and secure method of storing data, and it is the underlying technology behind most cryptocurrencies. Additionally, the growing popularity of cryptocurrency as an investment asset is driving the growth of the market. Cryptocurrencies are seen as a high-risk, high-reward investment opportunity, and their value has been increasing in recent years. Furthermore, the increasing use of cryptocurrency for online transactions and payments is driving the adoption of cryptocurrency as a mainstream form of currency. Restrain The cryptocurrency market is regulatory uncertainty. Cryptocurrency is not yet regulated in many countries, and this has led to concerns around fraud, money laundering, and other criminal activities. Additionally, the lack of understanding and awareness of cryptocurrency among the general public can limit its adoption. Finally, the volatility of cryptocurrency prices can be a concern for investors, as the value of cryptocurrencies can fluctuate rapidly. Trend The cryptocurrency market is the increasing use of cryptocurrency for cross-border payments. Cryptocurrency allows for fast, secure, and low-cost cross-border transactions, and this is driving the adoption of cryptocurrency by businesses and individuals. Another trend is the increasing use of cryptocurrency for remittances, where it is being used to send money to friends and family in different countries. Additionally, there is a growing interest in the use of cryptocurrency for micropayments and online purchases, where it can provide a more efficient and secure method of payment. Finally, the development of new cryptocurrencies and blockchain-based applications is a key trend in the market, as it is driving innovation and growth in the industry. Companies Mentioned Bitcoin Ethereum Binance Coin Cardano XRP (Ripple) Solana Dogecoin Polkadot Terra Chainlink Internet Computer Bitcoin Cash Litecoin Uniswap Polygon (MATIC) Cosmos VeChain Avalanche Algorand Shiba Inu For more information about this report visit https://www.researchandmarkets.com/r/z2kslt About ResearchAndMarkets.com ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Contacts ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Ernst & Young’s prestigious award honors visionary entrepreneurs dedicated to creating bolder futures. Having won this esteemed recognition, Desai now advances to compete for the title of EY World Entrepreneur Of The Year. NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the global leader in digital identity, today announced that its Founder & Chief Executive Officer, Rodger Desai, has been named by Ernst & Young LLP (EY US) as a 2023 EY Entrepreneur Of The Year® New York Award winner. Now in its 37th year, Entrepreneur Of The Year is one of the world’s most prestigious business awards honoring transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all. This esteemed recognition highlights Desai’s exceptional leadership, innovation and significant contributions to the digital identity and fintech industries. As the CEO of Prove Identity, Desai has propelled the company’s mission to accelerate digital trust and make it easy for all consumers to participate in the digital economy with convenient and secure methods to bank, shop and make payments. Under his guidance, Prove has introduced groundbreaking solutions that prioritize security, privacy and the customer experience, enabling companies and consumers to unlock the digital economy’s full potential. Prove’s technology is unique in that it uses something nearly every adult already has – a mobile phone – to easily and securely verify identities in channels such as mobile, desktop and even in-store. Companies that use Prove have reported results such as up to 79% faster onboarding, a 35% reduction in abandonment and a 75% reduction in fraud (relative to attack rate). Prove’s customers include 9 of the top 10 U.S. banks, 2 of the top 3 global cryptocurrency exchanges, 3 of the top 5 U.S. retailers, 2 of the top 3 U.S. healthcare companies and 6 of the top 10 insurance companies in the U.S. “I am deeply honored to receive the EY Entrepreneur Of the Year New York Award,” said Desai. “This recognition is a testament to the unwavering commitment and hard work of the entire Prove team. Our collective mission of ensuring digital trust is essential for the advantages of the digital economy to be accessible and beneficial to all consumers.” The EY Entrepreneur Of The Year Award is one of the world’s most prestigious business awards programs, recognizing entrepreneurs across more than 145 cities and 60 countries. With this win, Desai joins the esteemed community of trailblazers who have demonstrated outstanding leadership, innovation and impact on their industries. “Every year, we are completely blown away by the accomplishments of our Entrepreneur Of The Year Regional Award winners, and 2023 is no different,” said AJ Jordan, EY Americas Entrepreneur Of The Year Program Director. “They are change-makers and champions of business and community, and we are so proud to be honoring them. We can’t wait to see how these leaders will continue to improve lives and disrupt industries.” With this win, Desai will next be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the World Entrepreneur Of The Year® Award in June 2024. About Prove Identity, Inc. (“Prove”) As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries, including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces and payments. For the latest updates from Prove, follow us on LinkedIn. About Entrepreneur Of The Year® Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall Award winners go on to compete for the EY World Entrepreneur Of The Year title. Visit ey.com/us/eoy. Contacts Prove Press Contact: [email protected]

Repurchasing $64.5 million of convertible senior notes at approximately 29% discount to par value REMOTE-FIRST-COMPANY/LOS ANGELES–(BUSINESS WIRE)–On June 14, 2023, Coinbase Global, Inc. (the “Company” or “Coinbase”) entered into separate, privately negotiated purchase agreements with a limited number of holders of its 0.50% Convertible Senior Notes due 2026 (the “Notes”) to repurchase (the “Repurchases”) $64.5 million aggregate principal amount of the Notes. The Company estimates that it will expend approximately $45.5 million in cash to consummate the Repurchases. The transaction represents an approximately 29% discount to par value. The Company previously entered into capped call transactions with certain financial institutions in connection with the initial issuance of the Notes. All of these transactions are expected to remain in effect notwithstanding the Repurchases. The Repurchases are expected to close on or about June 20, 2023, subject to the satisfaction of customary closing conditions. Following such closings, approximately $1.373 billion principal amount of the Notes will remain outstanding. “We are always looking for the best opportunities to deploy capital to create shareholder value,” said Alesia Haas, Chief Financial Officer of Coinbase. “As we stated in our most recent shareholder letter, the first quarter of 2023 was a turning point in building a company that is more efficient and financially disciplined. This opportunistic repurchase is a continuation of those efforts and reflects our confidence in our business, strong first quarter financial performance, and improved competitive positioning. We have reduced our 2026 convertible senior notes outstanding and we will look for additional such opportunities in the future.” Cautionary Statement Regarding Forward-Looking Statements This press release contains “forward-looking statements” including, among other things, statements relating to the anticipated cash expenditure to consummate the Repurchases and associated discount to par value, as well as the completion, timing and size of the Repurchases. Statements containing words such as “could,” “believe,” “expect,” “intend,” “will,” or similar expressions constitute forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such forward-looking statements, including those described in the “Risk Factors” section of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and other filings with the Securities and Exchange Commission. New risks and uncertainties emerge from time to time and it is not possible for the Company to predict all risks that could have an impact on any forward-looking statements contained herein. Forward-looking statements in this press release are based on the Company’s beliefs and assumptions and on information available to the Company’s management as of the date they are made. Investors should not place undue reliance on any such forward-looking statements. Except as may be required by law, the Company undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this press release. Contacts Press: [email protected] Investor Relations: [email protected]

Pioneer collectibles investment platform unveils the first immersive museum to showcase the world’s most expensive collectibles in Soho, Manhattan NEW YORK–(BUSINESS WIRE)–Rally, the investment app that pioneered equity ownership in blue-chip collectibles, today announced the debut of its highly anticipated museum in the heart of Soho, Manhattan. Located at 446 Broadway, “The Rally Museum,” unveils a first-of-its-kind interactive experience for collectors and enthusiasts to experience the rarest and most unique pieces of history, like Broadside Copy of the Declaration of Independence, Honus Wagner’s “T206” Card and one of the most complete examples of a Triceratops skull in any private or public collection. The 3,000+-square-foot exhibition is located on the ground floor of Rally’s headquarters. With over 450 collectibles across 25 unique categories, the museum will be the launch pad for Rally’s upcoming IPOs, giving potential investors the ability to reserve their equity shares and preview items behind-the-scenes before investing. Once inside, guests will take a first-person trip through history, starting with large-scale dinosaur fossils and classic cars, moving through the rarest and most valuable sports memorabilia and comic books, and finally, interactive games on hundred-inch screens with titles from the 1980s and 1990s. Lastly, guests will end with a digital experience: creating and minting NFTs on a digital canvas, reminiscent of the internet’s earliest days. “Since inception, our goal has been to turn aspirations into equity by giving everyone equal access to a new world of investing. At Rally, we have created a stock market for all collectibles for our dedicated community of enthusiasts. We are thrilled to open the doors to ‘The Rally Museum’ and create new opportunities for discovery and bring our assets to life for our users and the New York City community,” said Rob Petrozzo, Chief Product Officer of Rally. Starting this month, visitors can browse the first collection, including: An original 1955 Porsche Speedster A 60 million-year-old full Triceratops skull (the complete example known to exist) Warhol’s Marilyn Monroe Screenprint The $3M Honus Wagner T206 baseball card An extensive collection of the earliest gold Rolex watches One of the first 200 copies of Harry Potter The original full-set of pristine perfect-graded first edition Pokemon cards One of the most expensive Hermes Birkin bags ever: the blue 20cm Fauborg Sellier Birkin Bag Admission to the museum is free, with the option to purchase shares on-the-spot in the rarest collectibles for as little as $5. New owners will join over 500,00 existing Rally users who’ve made the platform the top destination for alternative asset investing since 2017. “Rally was created by lifelong collectors and establishing a physical space has always been important to our team,” said Chris Bruno, CEO and co-founder of Rally. “The next generation of consumers are yearning for in-person and immersive experiences and up until this point, investing has never been a tangible, physical experience. Rally is changing that by providing this new experience for current and future investors.” Unlike traditional museums, “The Rally Museum” gives visitors the opportunity to own a share of each object on display, and leave with real equity in a piece of history. Similar to the original Rally Museum on Lafayette Street in Soho, the layout and the assets housed within the space will change regularly, enabling adventures and new channels for storytelling for collectors from all generations. The Museum is open to the public during retail hours from noon – 6 pm, Wednesday through Sunday. Rally also plans to open by appointment for private events. About Rally Rally is a real stock market for all collectibles. Rally finds, manages, and fractionalizes the most important items in the world such as classic cars, vintage wine, whisky, dinosaur fossils, and blue-chip NFTs—and we create and run a liquid marketplace where equity shares in those items can be bought and sold. We empower every investor to own and trade equity in the things they truly care about. The Rally app has always been a place to invest in the objects you know, and discover the ones you didn’t know existed. Now, you can do that IRL, at the Rally Museum at 446 Broadway. Contacts Hannah Stern [email protected]

New York, New York, June 15th, 2023, Chainwire Parcl’s market expansion increases access to investors seeking exposure to real estate prices via Real World Asset (RWA) Indexes Parcl, the leading blockchain-powered real estate trading platform, announced today the launch of Austin, TX, to its ever-growing list of tradable city indexes. In addition to Austin, Parcl recently launched indexes for Boston, Atlanta, Philadelphia, Chicago, Seattle, Denver, Portland, and Washington, D.C., more than doubling its market pool for investors. Parcl makes investing in an entire city’s residential real estate market possible, unlocking access to high-demand markets like New York, Los Angeles, and Miami. Parcl merges real estate and DeFi to amplify access and portfolio diversification opportunities for traders around the world. Adding Austin, one of the fastest-growing housing markets in the U.S., solidifies Parcl’s commitment to providing a broad spectrum of high-potential markets to traders. This increases investor access to 16 dynamic tradable markets and builds upon Parcl’s mission of increasing access to real estate investing on a global scale. “Real estate is the largest asset class in the world – the largest investment many people will make in their lives. It’s also the market that has the lowest liquidity and the highest barriers to entry,” said Trevor Bacon, Parcl CEO and co-founder. “Integrating these high-demand markets signifies Parcl’s dedication to continuous growth, providing traders access to diverse and burgeoning markets.” Built on Solana – a blockchain designed for decentralized, scalable applications – Parcl facilitates real-world real estate trades in real time. The platform’s rapid growth since its launch in February demonstrates significant market need for innovating around real estate investing. “Austin’s integration provides traders with another dynamic real estate market to diversify their portfolio,” Bacon said. “This move is consistent with Parcl’s goal to enhance market access and user engagement, as evidenced by all-time highs in user activity, open interest, and trading volume on the decentralized trading application.” The addition of more North American cities is on the near term horizon, with global cities following shortly thereafter. Parcl’s illustrated market growth builds upon its aspiration of becoming the simplest platform for global real estate trading, and illustrates its commitment to the core mission of making real estate investing accessible to everyone, everywhere. Parcl is designed which features appeal to the modern investors, offering high liquidity, low transaction fees, and no minimum investment requirements. Traders can now trade real estate indexes as effortlessly as Bitcoin, Ethereum, or other crypto assets. About Parcl Parcl is a DeFi real estate trading platform revolutionizing the way individuals globally engage with real estate investment. Combining the strengths of blockchain technology with traditional real estate, Parcl offers a simple, efficient, and accessible real estate trading experience. For more information, visit www.parcl.co. Contact CMO Will Leatherman Parcl [email protected]

Emerging Contender: Can TCRV Outshine Polygon and Cardano? The SEC’s lawsuits against leading cryptocurrency exchanges, Binance and Coinbase, have influenced several digital assets, including Cardano (ADA) and Polygon (MATIC), among others. Amidst this tumble, investors are looking for new promising gems, like Tradecurve (TCRV), which has swiftly risen, outshining both of them. TCRV has exhibited outstanding growth during its presale, yet, the best is yet to come. Here’s why! >>BUY TCRV TOKENS NOW<< Tradecurve (TCRV): Empowering Global Trading with Versatility and Decentralization Tradecurve (TCRV) is a versatile trading platform that empowers users to trade stocks, bonds, options, forex, commodities, ETFs, and other cryptocurrencies using their cryptocurrency holdings. The decentralized nature of the Tradecurve (TCRV) platform eliminates entry barriers and grants global users access to high liquidity. By utilizing Tradecurve (TCRV), users can experience swift execution and total anonymity without requiring KYC regulations. To begin trading with Tradecurve (TCRV), simply create an account, link your wallet, and deposit some cryptocurrency. By completing these three steps, you’ll unlock a plethora of exceptional trading opportunities. For instance, Tradecurve (TCRV) token owners can enjoy numerous outstanding features such as algorithmic AI trading and leverage starting at 500:1. Furthermore, Tradecurve offers reduced trading fees, comprehensive educational resources, and copy-trading (where users can subscribe to successful traders and replicate their trades). Tradecurve is currently in Stage 3 of its presale, with tokens priced at a discount: $0.015. The token has already yielded 50% returns for holders. In addition, industry experts predict that Tradecurve’s value will multiply by 50 times before the presale concludes and further increase by 100 times upon its launch. It seems difficult to match this potential, doesn’t it? >>BUY TCRV TOKENS NOW<< Cardano (ADA) Faces Bearish Trend Before Expected Recovery Cardano (ADA) has been struggling for some time now. This bearish trend has significantly affected ADA, as in the past month, Cardano (ADA) lost 28.6% of its value. Moreover, the Cardano (ADA) price has dropped by 12% only in the past 24 hours. The price analysis shows a bearish run for Cardano (ADA) extending in a sideways trend, as today, Cardano (ADA) hit its lowest level for this year at $0.24. However, in the last few hours, the bulls slightly recovered, and the Cardano (ADA) price has risen back to the $0.27 mark. Traders should expect Cardano (ADA) to observe sideways movement at the current price level before the price action continues its upward motion. The Cardano (ADA) price can be expected to move to $0.32 before moving back down to the $0.30 mark. Polygon (MATIC) Plunges in Value: Regulatory Actions and Market Activity Take Toll Polygon (MATIC) saw a huge fall in value. More precisely, the decline in Polygon (MATIC) price is attributed to a mix of factors, including regulatory actions, exchange changes, and market maneuvers. In the last 24 hours, Polygon (MATIC) slid by 18.48% to the current price of $0.6. In addition, the accumulated seven-day drop of Polygon (MATIC) has reached 33.20%. Market activity has been turbulent, marked by significant transfers of Polygon (MATIC) by major market makers like Jump Trading and Cumberland to cryptocurrency exchanges. These transfers, possibly leading to liquidation, contributed to the sharp decline in the price of Polygon (MATIC). Furthermore, Lookonchain recorded the movement of 5 million Polygon (MATIC) tokens to Coinbase. If the bulls fail to initiate a surge, the Polygon (MATIC) price may drop below the immediate support line at $0.55, resulting in another sharp collapse. Considering the market outlook for Cardano (ADA) and Polygon (MATIC), Tradecurve indeed seems like the more promising alternative for 2023! Learn more about $TCRV presale tokens: Website: https://tradecurve.io/ Buy presale: https://app.tradecurve.io/sign-up Twitter: https://twitter.com/Tradecurveapp Telegram: https://t.me/tradecurve_official

Tether’s USDT stablecoin has experienced a de-pegging from its intended value of $1 Crypto Market is down by 3.85% in the last 24h. Imbalance in Curve’s 3Pool contributes to Tether’s de-pegging. In recent hours, Tether’s stablecoin (USDT) has faced increasing instability, shockingly losing its peg to the US dollar. At the time of writing, USDT is trading at 0.9958. It continues its downward trend from the $1 peg. This development has raised concerns within the cryptocurrency community, with heavy selling pressure being cited as the primary cause for the de-pegging. The crypto market has experienced significant downturns today at a decline rate of 3.85%. It is primarily influenced by the surprisingly updated dot plot the US Federal Reserve released. However, the Fed announced an anticipated pause in interest rates, the revelation of an average terminal interest rate of 5.6% for 2023, up from the previously expected 5.1%. It has sent shockwaves through financial markets. This price slump has directly impacted Tether’s stablecoin, USDT. USDT 24H PRICE CHART, SOURCE: CoinMarketCap Untangling Tether’s Depeg The de-pegging of USDT can be attributed to Curve’s 3Pool, a prominent platform for stablecoin trading in decentralized finance. Currently, USDT accounts for 73.79% of the Curve 3Pool, while DAI and USDC hold 13.05% and 13.16% respectively. In response to the imbalance, users have rushed to exchange tens of millions of USDT for alternative stablecoins such as USD Coin (USDC) and Dai (DAI), leading to the de-pegging of Tether. Chinese journalist Collin Wu has reported a surge in USDT lending rates on Aave V2, with deposit rates increasing by more than 20% and loan rates by over 30%. Notably, large-scale investors known as “whales” are borrowing USDT on Aave and selling it on decentralized exchanges like Curve. One such whale, Ethereum’s “samczsun”, borrowed 31.5 million USDT from Aave V2 using ETH and stETH as collateral. The borrowers then converted the borrowed USDT to USDC on 1inch, thereby exacerbating the de-pegging phenomenon. While the de-pegging of Tether has caused concern, Tether‘s CTO, Paolo Arduino, remains calm and confident. On Twitter, Arduino acknowledged the market’s edginess but assured users that Tether is prepared to redeem any amount and is ready to withstand challenges. This is not the first time the Curve 3Pool has experienced an imbalance. Similar situations occurred in mid-March, and November 2022 during the FTX crisis.And in May 2022 when the Terra ecosystem collapsed. Tether‘s de-pegging from the US dollar has added to the prevailing uncertainty and volatility in the crypto market. As users rush to exchange USDT for alternative stablecoins, market participants closely monitor developments and assess the potential implications of unstable stablecoins on their investment strategies.

Bullish DOGE price prediction for 2023 is $0.07470 to $0.09667. Dogecoin (DOGE) price might reach $1 soon. Bearish DOGE price prediction for 2023 is $0.04383. In this Dogecoin (DOGE) price prediction 2023, we will analyze the price patterns of DOGE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Dogecoin (DOGE) Current Market Status Current Price $0.06074 24 – Hour Trading Volume $282,941,369 24 – Hour Price Change 1.97% up Circulating Supply 139,776,116,383.71 All – Time High $0.7376 (On May 07, 2021) DOGE Current Market Status (Source: CoinMarketCap) What is Dogecoin (DOGE)? Dogecoin (DOGE) is a popular meme coin that was forked from Litecoin in December 2013. The coin was created by Billy Markus and Jackson Palmer from a viral meme of the dog breed, Shiba Inu. DOGE continues to exist as a peer-to-peer and open-source cryptocurrency. Unlike Bitcoin, Dogecoin uses a proof-of-work (PoW) consensus mechanism that is based on the Scrypt algorithm. This confers less block time for the Dogecoin network. Bitcoin takes up to 10 minutes to process a block, whereas, in Dogecoin, the block time is 1 minute. This meme coin is recognized as the favorite crypto of Tesla CEO Elon Musk. Musk’s tweet on Dogecoin and his ceaseless support for it seem to have accelerated significant price rallies for the meme coin. Dogecoin (DOGE) Price Prediction 2023 Dogecoin (DOGE) ranks 8th on CoinMarketCap in terms of its market capitalization. The overview of the Dogecoin price prediction for 2023 is explained below with a daily time frame. DOGE/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Dogecoin (DOGE) laid out a right-angled descending broadening wedge, which is a bullish reversal pattern. The pattern is an inverted ascending triangle because it is made up of two converging lines with a horizontal line for the resistance and a bearish downward slant for the support. At the time of analysis, the price of Dogecoin (DOGE) was recorded at $0.06022. If the pattern trend continues, then the price of DOGE might reach the resistance levels of $0.06994, $0.09533, and $0.15727. If the trend reverses, then the price of DOGE may fall to the support of $0.05808. Dogecoin (DOGE) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Dogecoin (DOGE) in 2023. DOGE/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 Dogecoin (DOGE) for 2023. Resistance Level 1 $0.07470 Resistance Level 2 $0.09667 Support Level 1 $0.05783 Support Level 2 $0.04383 Resistance & Support Level As per the above analysis, if Dogecoin’s (DOGE) bulls take the lead, then it might hit and break through its resistance level of $0.07470. Conversely, if Dogecoin’s (DOGE) bears dominate the trend, the price of DOGE might plunge to $0.04383. Dogecoin (DOGE) 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 Dogecoin (DOGE) are shown in the chart below. DOGE/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. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Dogecoin (DOGE) 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 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the DOGE price lies below 50 MA (short-term), indicating its downtrend. Hence, DOGE is in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, 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 lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. 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 is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of DOGE is at 29.62. Therefore, this indicates DOGE is nearly in an oversold state. Also, this confirms that DOGE sends out a buy signal. Dogecoin (DOGE) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Dogecoin (DOGE) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). DOGE/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 DOGE lies in the range of 47.50590 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 DOGE lies below 50, indicating low volatility. Comparison of DOGE with BTC, ETH Let us now compare the price movements of Dogecoin (DOGE) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs DOGE Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of DOGE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of DOGE also increases or decreases respectively. Dogecoin (DOGE) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Dogecoin (DOGE) between 2024 and 2030. Dogecoin (DOGE) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Dogecoin (DOGE) might successfully test and surpass its resistance levels to hit $1 by 2024. Dogecoin (DOGE) Price Prediction 2025 The significant upgrades in the Dogecoin ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Dogecoin (DOGE) price to reach $1.5 by 2025. Dogecoin (DOGE) Price Prediction 2026 If Dogecoin (DOGE) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $2. Dogecoin (DOGE) Price Prediction 2027 If Dogecoin (DOGE) sustains major resistance levels and stands as a better investment option in the market, then DOGE would rally to hit $2.5. Dogecoin (DOGE) Price Prediction 2028 If Dogecoin (DOGE) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then DOGE would hit $3 by 2028. Dogecoin (DOGE) Price Prediction 2029 If investors flock in and continue to place their bets on Dogecoin (DOGE), then the crypto would witness major spikes. Hence, DOGE might hit $3.5 by 2029. Dogecoin (DOGE) Price Prediction 2030 By 2030, the DOGE price might rally to $4 if the trend momentum aligns in favor of Dogecoin. Furthermore, DOGE would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Dogecoin (DOGE) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Dogecoin (DOGE) price prediction for 2023 is $0.09667. Comparatively, the bearish Dogecoin (DOGE) price prediction for 2023 is $0.04383. If there is a positive elevation in the market momentum and investors’ sentiment, then Dogecoin (DOGE) might hit $1. Furthermore, with future upgrades and advancements in the Dogecoin ecosystem, DOGE might surpass its current all-time high (ATH) of $0.7376 and mark its new ATH. FAQ 1. What is Dogecoin (DOGE)? Dogecoin (DOGE) is the pioneer memecoin that hit the markets in late 2013. It was born out of a viral dog meme. Dogecoin network was a fork of Litecoin. 2. Where can you buy Dogecoin (DOGE)? Traders can trade Dogecoin (DOGE) on the following cryptocurrency exchanges such as Binance, CoinW, Deepcoin, OKX, and Bitrue. 3. Will Dogecoin (DOGE) record a new ATH soon? With the ongoing developments and upgrades within the Dogecoin platform, Dogecoin (DOGE) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Dogecoin (DOGE)? Dogecoin (DOGE) hit its current all-time high (ATH) of $0.7376 on May 07, 2021. 5. What is the lowest price of Dogecoin (DOGE)? According to CoinMarketCap, DOGE hit its all-time low (ATL) of $0.00008547 on May 07, 2015. 6. Will Dogecoin (DOGE) hit $1? If Dogecoin (DOGE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon. 7. What will be the Dogecoin (DOGE) price by 2024? Dogecoin (DOGE) price might reach $1 by 2024. 8. What will be the Dogecoin (DOGE) price by 2025? Dogecoin (DOGE) price might reach $1.5 by 2025. 9. What will be the Dogecoin (DOGE) price by 2026? Dogecoin (DOGE) price might reach $2 by 2026. 10. What will be the Dogecoin (DOGE) price by 2027? Dogecoin (DOGE) price might reach $2.5 by 2027. Top Crypto Predictions Ripple (XRP) Price Prediction 2023 Binance Coin (BNB) 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.