Shiba Inu, a cryptocurrency that gained massive popularity in 2021 with a staggering 45 billion percent increase, has been a topic of heated debate. Initially driven by hype, it lost most of its value by mid-2022. However, the token is experiencing a resurgence. Shiba Inu was created as a playful alternative to Dogecoin, but like ...
Shiba Inu (SHIB) has sparked interest as a potentially lucrative cryptocurrency, with a staggering rise of 45,278,000% in 2021, though it later lost much of its value. Now, it’s making a comeback, raising the question of its viability as a long-term investment. As a meme coin created as an alternative to Dogecoin, Shiba Inu lacks ...
Shiba Inu, a cryptocurrency that gained massive popularity in 2021 with a staggering increase of 45,278,000%, has had a rollercoaster journey since then, losing much of its value by mid-2022. Now, it appears to be making a comeback, prompting discussions about its long-term investment potential. Although Shiba Inu is classified as a meme coin—much like ...
Bitcoin is currently priced around $95,000 after dropping from a recent peak of $108,353. This marks its first significant decline since the election of President Trump in November. Although Bitcoin faced a tough week, some institutions, like Japan’s Metaplanet, are taking the opportunity to buy, investing nearly $60 million to acquire Bitcoin during this dip. ...
Bitcoin experienced a significant 15% drop in the third week of December, its largest since August. This decline is largely linked to unfavorable global economic trends, raising concerns about further price decreases. The global money supply has diminished by $4.1 trillion over the past two months, potentially signaling more downward pressure on Bitcoin. Historically, Bitcoin’s ...
A recent report highlights that Nigeria and South Africa are leading the world in digital asset ownership. In Nigeria, an impressive 99% of people are familiar with digital assets, and 74% have owned them at some point, with 42% still owning these assets. South Africa also shows strong interest, with 68% having owned digital assets. ...
In 2024, the global economy began to stabilize after the COVID-19 pandemic, although many countries still struggled to regain pre-2020 growth levels. With over 2 billion people eligible to vote, rising living costs became a major concern for citizens worldwide. Donald Trump’s recent election victory in the U.S. raised fears of new trade wars, as ...
Bitcoin’s social sentiment has dropped to its lowest level in 2024, with more negative comments from retail traders despite the price stabilizing above $95,000. This pessimism might signal a potential price rebound, as historically, markets often move against retail expectations. After peaking at over $108,000 in December, Bitcoin has fallen over 10%, currently trading around ...
Bitcoin’s social sentiment has fallen to its lowest point of 2024, with more negative comments from retail traders despite the price holding above $95,000. Analysts see this as a potential signal for a price breakout. Recently, Bitcoin peaked at over $108,000 but has since dropped more than 10%, currently trading around $97,150. Some experts suggest ...
Bitcoin’s price has fallen below the $100,000 mark, showing bearish trends and potential for further declines. Currently trading below $98,000, Bitcoin faces immediate resistance at $95,850 and key support around $91,200. If it can hold above this support level, there might be a chance for recovery, targeting the $98,500 resistance. However, if the price continues ...
