Category: Altcoin News

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Is The Shiba Inu Price Uptrend Intact – Evaluating Support from Whales

The Shiba Inu price has risen by 50% from its low point in December and its daily trading volume has seen an increase to $300 million. 
SHIB’s growth in volume and price has been reflected in its market cap, which stands at $6.8 billion. The meme coin is now the 13th largest crypto after toppling Litecoin (LTC). Shiba Inu has 549 trillion tokens in circulation, but a total supply of 589 billion. Other SHIB tokens have been locked in smart contracts for staking purposes….
Read More: Shiba Inu Price Prediction as $300 Million Trading Volume Comes In – Are Whales Buying SHIB?
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Amazon to Enter the Crypto NFT Market with Gaming Initiative – Here’s What You Need to Know

Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets. 
The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four anonymous sources familiar with Amazon’s intentions….
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From Homeless to Quadrupled Monthly Income: Just One of Many Advantages of Blockchain and Web3

Among the greatest values of blockchain and Web3 is that they enable different communities across the world to use the novel technology’s building blocks to solve issues specific to each of them, said Xochitl Cazador, Head of Ecosystem Growth at the open-source, mobile-first Celo platform. The many opportunities created this way include universal basic income (UBI), undercollateralized loans, and micro-work. …
Read More: From Homeless to Quadrupled Monthly Income: Just One of Many Advantages of Blockchain and Web3
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Tatsuya Kohrogi, CSO of Digital Entertainment Asset, on Web3 in Japan & Decentralizing Game Development | Ep. 199

In an exclusive interview with cryptonews.com, Tatsuya (Tats) Kohrogi, CSO of Digital Entertainment Asset, talks about fundraising challenges during the crypto winter, P2E/P&E regulatory insights in Japan, and wow the growing Web3 gaming industry will help bring Web3 into the mainstream….
Read More: Tatsuya Kohrogi, CSO of Digital Entertainment Asset, on Web3 in Japan & Decentralizing Game Development | Ep. 199
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Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?

The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization.
At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on the same date in December….
Read More: Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?
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As Polygon Price Explodes, These 3 New Altcoins Can 10x This Year

The token that powers Ethereum scaling solution Polygon’s sidechain MATIC has been exploding higher. After having been stuck in a $0.92-$1.05 range for the last few weeks, MATIC surged as high as the $1.12s on Thursday, gaining over 13% on the day, though the rally has since eased off a little on Friday, with the cryptocurrency now trading back just to the south of the $1.10 level once again….
Read More: As Polygon Price Explodes, These 3 New Altcoins Can 10x This Year
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Cardano Price Forecast as ADA Pumps Up 50% From Bottom – ADA to $10 Soon?

The value of the Cardano token, the eighth-largest cryptocurrency with a market capitalization of $13.2 billion, has grown by 45.5% in the past 30 days. However, this growth has slowed recently, with the token currently experiencing only a 0.9% increase in the past 24 hours. Here’s where ADA is headed next….
Read More: Cardano Price Forecast as ADA Pumps Up 50% From Bottom – ADA to $10 Soon?
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Terra Luna Classic Price Prediction as $60 Million Trading Volume Comes In – Can LUNC Reach $1 in 2023?

The Terra Luna Classic price has dropped by 1.5% in the past 24 hours, sinking to $0.00017113 as the market as a whole dips by around 0.5%. Its fall comes as its 24-hour trading volume reads at just over $60 million, with the altcoin also down by 1.5% in a week but up by 1.5% in the last 14 days….
Read More: Terra Luna Classic Price Prediction as $60 Million Trading Volume Comes In – Can LUNC Reach $1 in 2023?
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Bitcoin Prices and Ethereum Prediction; Could BTC and ETH Breakout for 5% Gains Before the Weekend?

Over the past few days, Bitcoin and Ethereum have been experiencing choppy trading, possibly due to the Chinese Lunar New Year, as Asian investors are out on holiday. With the current market conditions, many investors are wondering if BTC and ETH could break out for 5% gains before the weekend. …
Read More: Bitcoin Prices and Ethereum Prediction; Could BTC and ETH Breakout for 5% Gains Before the Weekend?