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Shiba Inu: Robinhood Enables SHIB Trading In New York

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Robinhood, one of the most popular cryptocurrency exchanges, has finally added Shiba Inu (SHIB) to its list of assets available to clients in New York. Apart from SHIB, the exchange has included Compound (COMP) and Avalanche (AVAX) for its New York clients. Now, we’re in New York! Concrete jungle where dreams are made of! All you Shibas in and around the Big Apple can now trade $SHIB on @RobinhoodApp https://t.co/nvNH01MVgf — Shib (@Shibtoken) April 24, 2024 SHIB was initially listed on Robinhoon in 2022, about two years ago. However, the asset was unavailable to all clients due to regulatory concerns. Despite being a global financial hub, New York was one such region where clients could not trade SHIB. Also Read: Shiba Inu: Whale Wallet Moves 3 Trillion SHIB Tokens, Here is Why Robinhood is a popular exchange among Shiba Inu (SHIB) fans and investors. The platform currently holds about 42.123 trillion SHIB, worth around $1.06 billion.  Will Shiba Inu (SHIB) rall
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Opportunity or warning sign? Only 35% of Cardano holders in profit

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Although the recent bull market in the cryptocurrency sector has brought on massive profit s for investors in many crypto assets, Cardano (ADA) remains a mystery, with only 35% of its holders in the green – leaving traders to wonder whether this is an opportunity or a warning sign. Specifically, Cardano stands out among several top Layer 1 networks, including Bitcoin (BTC), Tron (TRX), Dogecoin (DOGE), Ethereum (ETH), and Avalanche (AVAX), with just over a third of its holders in profit, according to the recent data shared by blockchain analytics platform IntoTheBlock on April 24. Holders profitability on top Layer 1 networks. Source: IntoTheBlock Indeed, as the blockchain platform’s analysts explained, “Bitcoin remains king,” with Tron “being a close second,” while Dogecoin and Ethereum “also have the vast majority of holders in profit ,” which makes Cardano a curious exception to the recent trends and a profit ability puzzle. Picks for you Sell alert: Death cross
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Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

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The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has  risen  steadily over the past few years. Surprisingly, revenue accrued by the platform (compared to staking rewards distributed) remains comparatively low.  Lido Finance Revenue Isn’t Growing As Fast As Expected Looking at Token Terminal data shared on October 19, the blockchain analytic platform observed that while staking rewards paid, counted as “fees” by Lido Finance grew from less than $10 million in early 2021 to over $60 million in June 2023, revenue has grown at a much slower pace. To illustrate, Lido Finance’s average revenue is roughly less than $5 million during this period. Lido Finance fees versus revenue| Source: Token Terminal Overall, Lido Finance is a liquidity staking protocol that supports the staking of multiple proof-of-stake (PoS) coins like Ethereum (ETH) without necessarily locking them up. Users can concurrently
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Filecoin and Dogecoin price dips shock investors; is Rebel Satoshi arcade the next opportunity?

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Filecoin slumps 22% in a week, but experts expect bulls to resurface soon. Dogecoin plummets 20% in a week, and analysts believe the downtrend will persist. Rebel Satoshi’s $RECQ captures investor interest with its rapid presale growth. Top altcoins like Filecoin (FIL) and Dogecoin (DOGE) remained red over the past week. As a result, investors have started shifting to tokens with an upward trajectory. This explains why the Rebel Satoshi (RECQ) token has become a top investment alternative among many crypto enthusiasts. Will $RECQ continue eclipsing Filecoin and Dogecoin? Continue reading to discover. Filecoin (FIL) plunges 22% in a week Filecoin has performed poorly over the past seven days. FIL opened trading on April 12 at $8.05. However, the crypto market experienced a flash crash the same day, and FIL failed to withstand the bearish sentiment. The resulting downtrend saw FIL trade as low as $5.10 on April 14. In a positive turn, FIL rebounded after Fi
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Dogecoin Price Continues Recovery And Finds Support At Over $0.14

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Apr 24, 2024 at 11:14 // Price Author Coin Idol The price of Dogecoin (DOGE) is moving in a range but remains below the moving average lines. Long-term forecast for the Dogecoin price: bearish The altcoin had previously fallen to a low of $0.128 before the bulls bought the dips. Selling pressure has eased as bulls have halted the decline above the $0.14 support level and resumed consolidation. DOGE is trading above the $0.14 support but below the moving average lines. Once DOGE breaks above the moving average lines or the $0.18 level, the uptrend will resume
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Ripple (XRP) Forecasted To Hit $1.9 If This Happens

Ripple (XRP) is poised for a significant price surge if certain conditions are met, according to a recent tweet by prominent crypto analyst EGRAG Crypto. The analyst’s forecast suggests that XRP could reach as high as $1.9 if the coin manages to break through key resistance levels and maintain its current momentum. At press time, XRP is trading at $0.5479, up by 2.6% in the past 24 hours. The coin’s 24-hour trading range lies between $0.5317 and $0.5677, indicating a relatively stable market. Moreover, XRP has experienced an impressive 10% increase in value over the last seven days. Also read: Shiba Inu May Price Prediction: Can SHIB Hit $0.0001? Riding the Third Wave: XRP’s Path to $1.9 EGRAG Crypto’s Analysis suggests that XRP is currently riding the third wave of its price cycle, presenting a crucial opportunity for investors. The analyst emphasizes the importance of breaking through the initial target of 0.00001052 BTC, which translates to approximately $0.69 to $0.73
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A decade without an audit, Tether says it’s a new business

After nearly a decade of promising financial and security audits for users and critics to look over, Tether has once again failed to put its money where its mouth is, instead choosing to announce a complete change of its business model. The rebrand is in line with many of the statements the company has been making over the past several years, around plans to get into the bitcoin mining business, the data industry, and blockchain education. The news comes on the back of new reporting from the Wall Street Journal that Tether has been extremely useful for Russia in its bid to acquire weapons to defeat Ukraine and numerous damning statements from Janet Yellen regarding stablecoins. Since US regulators and politicians started to pay closer attention to stablecoins, Tether has taken to calling itself ‘the largest company in the digital asset industry’ instead of the ‘largest stablecoin,’ and is clearly trying to put a positive spin on the work that it does. Tether: Ten years, 100,000
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Analyst Unveils Bitcoin Path Toward Bull Market Top, Says This Altcoin Will Be One of Firsts To Print Fresh Highs

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A closely followed analyst believes that Bitcoin (BTC) will likely see a new all-time high in the next two weeks. Pseudonymous analyst Bluntz tells his 256,600 followers on the social media platform X that Bitcoin is in the midst of a wave three surge. Bluntz utilizes the Elliott Wave theory in his Analysis . The theory states that an asset tends to witness a five-wave rally with wave three being the longest and the strongest move up. Says Bluntz, “Expecting fresh BTC all-time high within the next one to two weeks. From a macro standpoint, I think we’re currently in a wave five of a larger wave three with a few legs higher still to come. Ultimately expecting us to top out around $120,000 this cycle.”  Source: Bluntz/X Looking at the trader’s chart, he seems to predict that BTC will rally to $90,000 from current levels before witnessing a wave four correction back down to $80,000. After the wave four retracement, Bluntz expects BTC to explode to $120,000 for
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Momentum on $MEDA presale breeds optimism for price recovery on Shiba Inu and FLOKI

TLDR Several analysts have predicted Milei Moneda ($MEDA) could be the best cryptocurrency to buy right now. Shiba Inu (SHIB) could gain massively in the next crypto rally, according to some analysts. A number of experts are predicting that FLOKI could set a new all-time high in 2024. Milei Moneda ($MEDA) hits the ground running as many investors invest in its presale. Shiba Inu (SHIB) has been affected by the crypto market bloodbath despite increased Shibarium activity. Floki’s (FLOKI) roadmap could rescue the meme coin from a 27% slump in the past week.  Economize Like Milei: Invest in $MEDA Milei Moneda leads meme coin recovery Milei Moneda has attracted massive attention because of its successful and lucrative presale . The gains available in the presale have led to an influx of investors from other projects to Milei Moneda. These investors see the opportunity to regain their losses after the market recently took a steep nosedive.  $MEDA’s presale
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Ripple To Launch A New Revolutionary Stablecoin Later This Year

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Ripple , a trailblazer in enterprise blockchain and cryptocurrency solutions, has unveiled its groundbreaking plan to introduce a USD-backed stablecoin, poised to redefine the traditional and decentralised finance landscape. This announcement marks a significant leap forward, underscoring Ripple’s commitment to innovation and bridging the gap between conventional financial systems and the burgeoning realm of digital assets. The Growing Demand for Stability and Utility 1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility. That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.… — Ripple (@Ripple) April 4, 2024 According to Ripple, the stablecoin market is valued at approximately $150 billion and is projected to skyrocket to an astonishing $2.8 trillion by 2028. This exponential growth reflects a
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New Meme Coins To Buy Now Monday, April 22 – Book of Meow, Bonkcon, Grimace, 5th Scape

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The post-halving event is catalyzing the introduction of fresh tokens and initial coin offerings (ICOs). With new cryptocurrency launches, listings, and presales on the rise, investors are actively seeking diversified opportunities in the market. Many newly listed meme tokens are experiencing upward trends, while presales showcasing relevant use cases are increasing adoption. Insidebitcoins has compiled a selection of coins, namely Book of Meow, Bonkcon, and Grimace, attracting market fanfare. Through thorough Analysis , we delve into their tokenomics, use cases, partnerships, and other critical Features that contribute to their attractiveness as investment options. New Meme Coins to Buy Now Several tokens are making optimistic market entries, with Book of Meow demonstrating a positive start by securing listings on prominent platforms like CMC, Coingecko, Uniswap, and Bitmart. This achievement follows successful presale stages, which raised substantial funds and boosted investor c
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Top Crypto Gainers Today Apr 22 – Ontology, Chainlink, Stacks, Ankr Network 

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Bitcoin began the week with stability, maintaining its position above $65,800, a reassuring sign for investors amidst recent market fluctuations. Notably, transaction fees have seen a significant reduction since the halving event, providing relief for users. Medium-priority fees dropped from $146 to $8.48, while high-priority transactions have similarly decreased to $9.32 from their peak of $170. Meanwhile, the overall crypto market continues to show strength, with its capitalization reaching an impressive $ 2.45 trillion. Bitcoin’s price reflects this positive sentiment, reaching $ 66,270 after a notable 1.69% increase in the last 24 hours. With Bitcoin currently commanding a market dominance of 53.20%, it remains the cornerstone of digital assets. Biggest Crypto Gainers Today – Top List Today’s cryptocurrency market presents a diverse picture, with 21% of coins showing positive movement. Leading the pack, Ontology shines as the top gainer , soaring by an impressive 26.18% in the
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