Chain News by Thebittimes.Com

Shiba Inu rallied nearly 25% during the weekend but failed to carry on its momentum on Monday. SHIB reached a high of $0.00001421 this week but faced resistance at these levels before dropping in price. The token is repeatedly being rejected at $0.00014 and is unable to climb above its resistance levels. The development keeps SHIB on the back foot this month if it fails to break the price hurdles . Therefore, the price prediction for Shiba Inu in November 2022 might not be on the brighter side . Also Read: Shiba Inu: Shytoshi Provides An Update About Shibarium Shiba Inu Price Prediction: November 2022 Pseudonymous crypto analyst Altcoin Sherpa predicted that if Shiba Inu doesn’t break the $0.00014 barrier, its price could tread on dangerous waters. He predicted to his 186,000 followers on Twitter that Dogecoin is better poised to rally in November 2022 than SHIB. “SHIB: Lagging to DOGE right now. This current 200-day exponential moving average is acting as resi...

Join Our Telegram channel to stay up to date on breaking news coverage A new metaverse, which has recently received $250,000 to expand functionality, promises to be epic and expansive. Users can design their own avatars in Moonland and discover new cities. They will be able to start their own businesses or perhaps own land. Beyond social gatherings and combat zones, Moonland will host breathtaking concerts that will be genuinely extraordinary. Holders of the initial batch of NFTs produced by Moonland’s development and design team will have access to a beta version of the metaverse. This is an essential first step in creating a multi-chain metaverse that will accept a wide variety of other brands and cryptocurrency games. Powerful Alliances The team at Moonland is made up of driven, gifted individuals who have achieved success in the tech industry. They also promise to make this metaverse epic and wide-ranging. Recently, the project received a $250,000 grant to build out...

Join Our Telegram channel to stay up to date on breaking news coverage Towards the end of yesterday’s trading session in the Tamadoge market, the price ranged consistently at $0.02457. And as the last day of October opens for trading activities, it opened with a bullish market. The price broke off the indecision in the 23rd hour of yesterday’s market. And this market move continued into this day’s session. The current price is now $0.0277. And there is room for more bullish performance. Tamadoge Market Price Statistic: TAMA/USD price now: $0.0277 TAMA/USD market cap: $25,174,798 TAMA/USD circulating supply:1.05Billion TAMA /USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2766 Key Levels Resistance: $0.0300, $0.0350, $0.0400  Support: $0.0200, $0.0150, $0.0100 Tamadoge Market Price Analysis: The Indicators’ Point of View The Bollinger band converged against the price action yesterday as the consolidation get intense. And ...

Dash 2 Trade is a brand new crypto signals platform that has now raised $3.5m at its presale to develop their trading tool , which is focused on onboarding masses of retail traders and offering them some of the most advanced trading tool s in the industry.  Rather than the hegemons of the trading world continuing to dominate with their monopoly on superior information, Dash 2 Trade makes it easy for regular retail traders to compete on a level playing field.  The team at Dash 2 Trade are building on their preexisting trading community that has been established over the past three years at Learn 2 Trade.  Create automated trading strategies  One of the most impressive parts of the Dash 2 Trade ecosystem is the fact that users can curate their own automated trading strategies , which execute without any manual intervention.  These trading strategies can be curated with a range of different tools - not just with technical Analysis .  User...

Join Our Telegram channel to stay up to date on breaking news coverage Following the spikes seen in the majority of cryptocurrency markets , a significant number of them experienced a sudden drop in volume. Buyers had hoped for a more bullish performance, but the crypto market decided to revert. Doge and KLAY appeared to have strong momentum movement in a market with room for strong liquidity flow. Ethereum Classic, Holo, and Shiba Inu were not left out as their shares fell as a result of the market’s short liquidity movement. The sellers’ determination to halt buying activity is the most common feature of all these crypto markets. Doge (DOGE/USD) Following the bullish rage, there appears to be a selling atmosphere attached currently as Doge is currently being pulled back from the $0.12800 key zone. A long period of liquidity implies that the buyers had a massive deployment as a pullback is currently in view. The Stochastic RSI (Relative Strength Index) is qu...

Join Our Telegram channel to stay up to date on breaking news coverage Since 2017, crypto investors have been all too accustomed to a situation that was highlighted by the price trend of The Sandbox on CoinMarketCap. Sandbox has a current market cap of $1.3 billion, a circulating supply of almost 1.5 billion SAND coins, and a maximum supply of 3 billion SAND coins. It is currently trading at a price of $0.883257, with a 24-hour trading volume of $571,728,259. In the past 24 hours, its price has decreased by 2.17%, and its volume has increased by 2.17%. SAND is an extremely bullish asset that shows exponential gains in triple digits as a percentage, which will then be followed by a period of six months in which the downturn nearly completely wipes out these gains. SAND has been heading in that direction. Its price activity over the previous five months saw a rise to $1.50, but prospects of a recovery were shattered by the arrival of selling pressure in August. The Sandbo...

Brian Armstrong. Source: a video screenshot, CNBC / YouTube Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.  In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency' s market capitalization is not yet big enough to act as a serious flight-to-safety asset. However, that could change in the next five or 10 years, when the crypto economy grows to become "a significant enough percentage of the global economy ." Only after that, Bitcoin could be treated as digital gold in the sense that people do a flight to safety towards the asset when things go sour. "I think we’ll see that probably change over time. I could see in the next five or ten years as the crypto economy really becomes a bigger percentage of the global GDP that people will actually flee to Bitcoin ...

Shiba Inu (SHIB) developer, Shytoshi Kusama has confirmed that Shibarium is coming. However, Kusama has not provided any tentative release date for the same. SHIB’s layer-2 network has missed its expected deadline of Q3 2022, but fans and users still wait in anticipation of the big launch. It all started with Kusama’s tweet on the October 29th about an update that would be out soon. Kusama noted that the community would love what was coming. Head down working. Update coming soon and I think you will love it. #ShibaEternity #Shibarium #SHIBARMY — Shytoshi Kusama™ (@ShytoshiKusama) October 29, 2022 To this, one user predicted that the update would be a gaming guide and the Shibarium documentation. Kusama replied that the user was close, but “one thing at a time.” Nonetheless, the developer did confirm that Shiba Inu’s layer-2 is on its way. However, it is safe to assume that the upcoming update will not be related to Shibarium. Cl...

October seemed to be ending on a good note for the crypto market. Several assets were seen pocketing major gains over the weekend. While Dogecoin’s [DOGE] rally was ticked off by Elon Musk’s Twitter takeover, all the other assets followed suit. Chainlink [LINK] was one among them. It seemed like LINK’s latest rally was influenced by the movement of significant funds over the weekend. As per recent data curated by on-chain data firm Santiment, Chainlink’s whale transactions recorded a prominent surge. This metric went on to hit a 4-month high. Source Santiment tweeted, “Chain LINK whales have gotten quite active this weekend as market prices have teased the $8 level a few times. Saturday saw 33 different $ LINK transactions exceeding a value of $1 million. This was the highest whale activity day since June 27th.” Ever since then the altcoin went on to inch close to $8 multiple times. LINK surged to a high of $7.99. However, failed to hit...

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S....

After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied the requirements of the bank in the mentioned protocol. Cryptocurrency Exchanges Can Now Open Bank Accounts in Chile On Oct. 28, Bci, a bank in Chile, announced that it had developed a protocol to allow cryptocurrency exchanges to open checking accounts with the institution. This marks a milestone for cryptocurrency exchanges in the country, which had been fighting for the right to use traditional banking services for years. The protocol developed includes a series of requirements inspired by recommendations issued by the Financial Action Task Force (FATF), which include the fulfillment of compliance processes, traceability of transactions, prevention of money laundering, financing of terro...

Join Our Telegram channel to stay up to date on breaking news coverage Shiba Inu, a popular clone of Dogecoin that managed to surpass the original memecoin last year, is once again seeing growth. The token skyrocketed by 17% earlier today , October 29th, potentially for several reasons. In fact, most of the memecoins have surged this week, likely due to Elon Musk’s recent completion of the Twitter purchase. SHIB leads the memecoins’ rise to the moon It is no secret that Dogecoin is Elon Musk’s favorite cryptocurrency. The billionaire entrepreneur and new Twitter owner said so himself multiple times, and each tweet that mentioned DOGE or memecoins, in general, typically sent their prices to the moon. Musk has always been the most vocal on Twitter, and now that he officially purchased the platform and “moved in,” all with a sink in his hand to symbolize the done deal, the memecoins are once again skyrocketing. Shiba Inu went up by 17% in less than 2...