Key takeaways: After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend. What next

In a significant move, a long-dormant wallet associated with a major whale transferred 203 BTC (valued at approximately $12.18 million) to Binance about six hours ago. This transaction resulted in

FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However, the large-scale unstaking could increase selling pressure and affect future price movements. The post FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming? appeared first on Cryptonews .

Hamster Kombat engages players with thrilling daily challenges. The game encourages strategic thinking through unique mechanics. Continue Reading: Hamster Kombat Captivates Crypto Gaming Enthusiasts The post Hamster Kombat Captivates Crypto Gaming Enthusiasts appeared first on COINTURK NEWS .

The incorporation of AI in preserving literary heritage has reached new heights with the introduction of “Lizzy,” an AI avatar modeled after Elizabeth Bennet from Jane Austen’s “Pride and Prejudice.”

Learn how the design of the interactive literary character came to life.

Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase. Related Reading: Blazing Solana: Analyst Foresees Nearly 700% Price Explosion SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over 7% in the last week. Still, it’s not getting much traction even while the larger crypto market shows an improving trend. Analyst Krao at TradingView presents a somewhat different prediction. With a whopping 7,300% gain from its present price, Krao is hopeful that SHIB might perhaps soar to $0.001 by early 2025. His positive view rests on a fundamental technical pattern shown on the monthly chart. SHIB has been caught in a protracted decline since reaching its all-time high in October 2021 of $0.000088. A break from this declining wedge formation, according to Krao, could set off a major rally and propel SHIB skyward. Shiba Inu: Short-Term Forecast Unlike Krao’s long-term hope, CoinCodex presents a more wary short-term SHIB projection. Their study shows that the price is expected to gradually decline by 0.69%, maybe reaching $0.00001397 by October 13, 2024. With the Fear & Greed Index showing a level of anxiety at 32, the overall mood is neutral. This captures a degree of market anxiety that can affect the near-term fluctuations in SHIB. Despite this, some analysts advise that considering the possibility for future gains, now could still be a good time to buy SHIB. Current Market Sentiment Before somewhat recovering, SHIB’s price dropped into the $0.000012 area earlier this week. The token’s performance has been underwhelming on weekly and monthly bases. Its recent price path has shown more gloomy days than more hopeful ones. Apparently moving their money to other joke currencies like PEPE and Dogelon Mars, which are now outperforming SHIB, are retail investors. Dexter keeps a good perspective in front of these difficulties. He is hoping that SHIB might still eradicate another zero, so increasing its value in the next months. Having a market cap of more than $7.78 billion, SHIB is still rather prominent in the digital currency scene. Support And Resistance Dexter’s study identifies critical support areas for SHIB, mostly between $0.00001076 and $0.0000120. SHIB needs these support levels if it is to get back up and increase momentum. Should SHIB decline from these levels, it may do so significantly to $0.000007. From its present value, this possible drop would be 47%; from its annual high of $0.000045 attained in March, it would signal still another dip. Technical signs point to SHIB as at a turning point. Whether it can keep these important support levels will mostly determine its capacity for a bounce-back. Related Reading: Bitcoin To Hit $100K? Investors Believe US Election Won’t Affect Its Rise Looking Ahead While Shiba Inu negotiates its present difficulties, different analysts present conflicting views. While Dexter’s long-term optimism and Krao’s ambitious forecasts offer a more complicated picture, CoinCodex offers a cautious short-term prognosis projecting a decline in SHIB’s price. Dexter’s optimistic long-term goal highlights a notable difference in perspective when it compared with Krao’s prognosis for a major rally These insights from CoinCodex, Dexter, and Krao should be carefully taken into account by investors assessing SHIB’s future under continuous market uncertainty. Featured image from Revolutionized, chart from TradingView

Solana bulls expect a 12% price move higher, but market-wide volatility could stall their plans.

American firms have reportedly issued record volumes of debt in what analysts say is an attempt to get ahead of potential event risks in the near future. Data from the London Stock Exchange Group (LSEG) shows 29 investment grade bond deals were issued on one day in the first week of September, which is the The post US Companies Abruptly Take Out Record Amount of Debt Ahead of Potential Market Volatility: Report appeared first on The Daily Hodl .

The post How High Can SUI Go? Experts Say Dogwifhat (WIF) And FXGuys ($FXG) Are In Contention For Massive Gains appeared first on Coinpedia Fintech News How high SUI can go is a fair question, and the answer right now is simply very high. But it is not just SUI; the crypto market, in general, is projected to be kind to investors this month. Dogwifhat (WIF) and FXGuys ($FXG) are believed to be in contention for massive gains. While looking for …

Elon Musk responded to figures indicating a significant budget deficit in the US, attributing excessive government spending as a primary factor for ongoing US inflation. This discussion emerges as financial analysts and policymakers anticipate potential Federal Reserve rate cut, aiming to address economic pressures. Elon Musk Points to Government Spending as Cause of Inflation In The post DOGE Fan Elon Musk Slams Biden Government Ahead Fed Rate Cut appeared first on CoinGape .

Ethereum L2s Arbitrum and Optimism face criticism and price drops, while DTX Exchange’s layer-1 blockchain excels in presale. #partnercontent

Ethereum L2s Arbitrum and Optimism face criticism and price drops, while DTX Exchange’s layer-1 blockchain excels in presale. #partnercontent

Donald Trump has officially announced the release date of his first crypto venture, World Liberty Financial. This announcement comes as a significant shift from Trump’s previous stance on cryptocurrency. “We’re

Key takeaways: Pendle (PENDLE) is innovating the DeFi space by enabling future yield trading. This unique approach helps users maximize returns through advanced smart contracts and seamless integration with other DeFi platforms. Pendle’s recent progress, such as smart contract updates and strategic partnerships, marks its growth and commitment to innovation. Will these developments increase the

Bitcoin and cryptocurrencies come to mind when it is claimed that a $1.4 trillion stimulus package will be introduced in China. Continue Reading: 1.4 Trillion Dollar Earthquake Expected in China: How Will Bitcoin and Cryptocurrencies Be Affected?