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Tag Archives: SHIBUSD

Shiba Inu Partners With Italian Fast Food Restaurant to Launch a SHIB-Themed Joint

The team behind the popular memecoin has forayed into its first “real-world” venture by partnering with a small Italian fast-food brand called Welly’s. The duo promised healthy, not just fast food options, and to grow globally together. The announcement from Shiba Inu developer – Shytoshi Kusama – explained that the memecoin’s team chose Welly’s because they were looking for someone who shares the same values. As such, they refrained from partnering with “huge centralized...

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Shiba Inu Price Analysis: After Days of Consolidation, Is SHIB Breakout Incoming?

After some hard days, SHIB is starting to give clear bullish signals that may emerge in the renewal of a possible price rally. Key Support level: $0.000018 Key Resistance level: $0.000023 While SHIB continues to consolidate under the key resistance at $0.000023, the MACD has turned bullish. The longer price maintains its current level the higher the chance for a breakout. The support at $0.000018 is unlikely to be retested if this momentum continues. Chart by...

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Market Watch: LINK and AXS Explode 10%, Bitcoin Maintains $38K

Bitcoin tried to take down $39,000 but was stopped and dropped to its current level of around $38,000. Most altcoins are slightly less fluctuating today, with Ethereum standing at $2,600. Chainlink and Axie Infinity are among the best performers. Bitcoin Stands Still at $38K It was just a few days ago when the primary cryptocurrency dropped two consecutive times to $35,500 after failing to overcome $36,000. However, the bulls stepped up at this point and pushed the asset...

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Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%

Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...

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India’s CryptoRelief Sends Back $100M of Vitalik Buterin’s SHIB Donation

Sandeep Nailwal, the co-founder of Polygon (MATIC), revealed today that India’s CryptoRelief will be sending 100 million USDC from Vitalik Buterin’s last year SHIB donation back to him. Last year in May, Vitalik Buterin donated 50 trillion SHIB tokens to India Covid Relief Fund. Tweeting on the matter, Nailwal revealed the reasons for which they made the decision to send $100 million of the donation back to Buterin. He explained that him being an Indian presents certain...

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Shiba Inu Price Analysis: SHIB Below a Critical Resistance, Can Bulls Retake Control?

Key Support level: $0.000018 Key Resistance level: $0.000023 SHIB’s misfortunes started in October 2021, and ever since then, the price has been in an uninterrupted downtrend. Every time there was a hope of a reversal, the bears returned stronger. This past Saturday, SHIB made a new lower low and found support at $0.000018. The resistance is now found at $0.000023, and bulls are trying to challenge it again after an earlier failure to move SHIB’s price above it. Chart by...

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Shiba Inu to Enter the Metaverse with Shiberse

After the NFT mania last year, the Metaverse became the main focus for crypto insiders and outsiders in the past few months. With numerous entities aiming to get on board, the latest project to outline such intentions is Shiba Inu. The team behind the project, which gained traction during the memecoin explosion in the summer of 2021, announced its plans yesterday on Twitter. The so-called “first surprise of the year” coming for the ShibArmy reads that Shiba Inu is heading...

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2 Millions on the Wait List of Robinhood’s Newly Launched Crypto Wallet

Robinhood, the financial services company with a popular trading app, recently launched cryptocurrency wallets. In an interview with Emily Chang of Bloomberg Technology, the company’s CPO, Aparna Chennapragada, noted that many customers are enthusiastic about delving into the new product. More Crypto Features in Robinhood App CryptoPotato reported recently the company’s plans to launch a cryptocurrency wallet as the number of users engaging with such assets on Robinhood kept...

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Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath

The bears continue to have complete control over the cryptocurrency market with numerous double-digit price losses from almost all assets. This comes just hours after the US stock market dumped in value again. Bitcoin Dumps $8K in Two Days It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as the asset jumped to $43,500 on Thursday following a $1,500 price hike. However, the situation changed vigorously hours later....

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Shiba Inu Team Clarifies the Situation With CoinMarketCap

The team behind the memecoin Shiba Inu said that CoinMarketCap has approached its developers to resolve the issue of the three fake addresses on the popular data aggregator page. Lack of Transparency, Says Shiba Inu Community Update — We are happy to announce, @CoinMarketCap has reached out to our developer team and is in current discussions in regards to our most recent incident correlating to Wormhole contracts. Please read our response.. pic.twitter.com/OBckJYNVkH — Shib...

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