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Cryptocurrency News Articles
Shiba Inu Lead Issues Urgent Message to SHIB Holders
Sep 03, 2024 at 12:28 am
Shiba Inu lead Shytoshi Kusama has once again reminded the SHIB community about the importance of being careful in the world of crypto
August is coming to an end and, as usual, U.Today has prepared a summary of the top three news stories that slipped through the cracks over the last weekend of the month.
Shiba Inu lead issues urgent message to SHIB holdersShiba Inu lead Shytoshi Kusama has once again reminded the SHIB community about the importance of being careful in the world of crypto, secure on one hand and scam-infested on the other.
In a recent X post, Kusama wrote: "If I didn’t RT, I didn’t co-sign. Be careful frens," meaning that any information or endorsements that were not directly retweeted (RT) by the SHIB lead should be approached with caution.
Considering how often fake accounts pretending to be SHIB team members or official Shiba Inu X handles emerge and how quickly misinformation spreads online, this warning could not have come at a better time.
Proving the point is the existence of ShibArmy Scam Alerts X account, dedicated to exposing SHIB-related scams; every day it informs the community of suspicious accounts, groups or channels on social media.
Ripple CTO drops clues on XRP and XLM price correlationInteresting insights about the correlation between XRP and Stellar's token, XLM, have recently been shared by Ripple CTO David Schwartz.
Schwartz noted: "The only real objective data point I have is that XRP tracks the price and market cap of XLM incredibly well over all time frames."
This comment by the CTO suggests that XRP and XLM share a closely linked trajectory, despite the complexity of factors influencing price action.
XRP and XLM have similar roots, with XLM being created by Jed McCaleb, a cofounder of Ripple who later left the company and went on to establish Stellar. Another similarity between the tokens is that both of them are intended to facilitate cross-border payments.
The correlation pointed out by Schwartz suggests that market forces impacting one of these tokens frequently affect the other. However, the exact reasons for this correlation remain uncertain, as Schwartz himself indicated the lack of clarity regarding the exact factors influencing XRP's price.
"I have no idea what factors drive the price of XRP," he admitted.
16.33 billion Cardano (ADA) in 24 hours, Are bulls back?On Saturday, Aug.31, Cardano saw a surge in activity, with large transactions skyrocketing to 16.33 billion tokens. This move sparks speculation about the impending arrival of bulls, which could change the game.
The rise in ADA transaction volume followed the announcement regarding the Chang hard fork date; as reported by U.Today, the hard fork team agreed to upgrade the mainnet on Sept. 1.
With Cardano moving toward community-driven governance, major investors should expect a positive impact on ADA. This could be one of the factors causing an increase in on-chain activities.
As of now, the Chang hard fork has been successfully launched. However, despite the excitement surrounding this important milestone, the price of ADA was not affected.
At the moment of writing, ADA is trading $0.333, down 1.86% over the past 24 hours, per CoinMarketCap.
Disclaimer:info@kdj.com
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- Nervos Network (CKB) Whales Make Strategic Move, Shift Focus to Exciting New Contender: Mpeppe (MPEPE)
- Sep 17, 2024 at 02:30 am
- In the fast-moving world of cryptocurrency, where innovation is the name of the game, whales — those big-time investors who hold vast amounts of crypto
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- Bitcoin (BTC) Might Reach $70K in the First Week of October, Here's Why
- Sep 17, 2024 at 02:30 am
- Bitcoin [BTC] had a bullish weekend, briefly testing the $60K mark before pulling back. At press time, it traded at $58,272, reflecting a momentary retreat
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- Nervos Network (CKB) Price Prediction 2024, 2025, 2026: Why CKB Whales Are Adding Mpeppe (MPEPE) to Their Portfolios
- Sep 17, 2024 at 02:30 am
- Nervos Network (CKB) has caught the attention of the broader crypto community, with its price soaring by 55% in the last 24 hours.
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- Bitcoin Accumulation Frenzy Resumes as $1.3B Worth of BTC Exits Crypto Exchanges
- Sep 17, 2024 at 02:25 am
- Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to the financial service platform, roughly $1.29 billion worth of BTC has exited various Centralized Exchanges (CEXs) in the last week.
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- Permissionless Labs Raises $10M to Disrupt Internet Infrastructure With DeVIN Pipe Network
- Sep 17, 2024 at 02:25 am
- Ahead of its planned testnet launch at the Breakpoint conference in Singapore, Permissionless Labs has raised $10 million in a funding round led by Multicoin Capital.
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- Bitcoin Mine: Noise Complaints And Community Impact
- Sep 17, 2024 at 02:25 am
- Residents had complained for years about the continuous noise the cooling systems of the Bitcoin mining operation. Mayor Kjell-Børge Freiberg said that the noise had bothered a lot of the roughly 8,260 residents of the town.
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- CrytocoinMiner: A User-Friendly Platform to Make Money Easily
- Sep 17, 2024 at 02:25 am
- CrytocoinMiner’s user-friendly platform has attracted over 3.7M global members for easy mining access.
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- Nervous Network ($CKB) Emerges as the Top Performer with a 92.2% Gain, Leading the Cryptocurrency Market's Remarkable Weekly Surge
- Sep 17, 2024 at 02:25 am
- Several coins have significantly increased their values in a week marked by remarkable gains in the cryptocurrency market. According to Drops Tab, Nervous Network ($CKB) has emerged as the top performer. It has experienced a significant gain of 92.2%.
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- Chainlink CCIP Cross-Chain Interoperability Protocol Goes Live on ZKsync Era Mainnet
- Sep 17, 2024 at 02:25 am
- Chainlink has announced the launch of its Cross-Chain Interoperability Protocol (CCIP) on the ZKsync Era mainnet, representing a fundamental advancement in cross-chain interoperability.