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Remember Doge? Well, move over – another dog-themed cryptocurrency is barking its way back into the limelight. Shiba Inu (SHIB), the Dogecoin-inspired meme coin that took the internet by storm in 2021, is experiencing a remarkable resurgence. But this comeback isn’t driven by mere hype – a surge in user activity suggests a deeper transformation for SHIB. Related Reading: Is Dogecoin The New Millionaire Maker? Over 1,000 Addresses Hold Big Bags Shina Inu Network Awakens From Slumber After a period of relative quiet, SHIB’s network has come alive with a surge in daily active addresses. IntoTheBlock (ITB), a leading blockchain…
The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system. This system, fueled by the cutting-edge technology of blockchain, promises to disrupt the current dollar-dominated landscape, potentially altering the course of international trade and finance. A BRICS Announcement: De-Dollarization On The Horizon? Fueling speculation about a potential paradigm shift, Kremlin aide Yury Ushakov recently announced plans for a BRICS-led payment system based on blockchain technology. This move is widely seen…
Cryptocurrencies (especially meme coins) have been known to turn many into overnight millionaires in the past. This has happened again as a crypto trader was recently reported to have made $11 million from a single trade. How $1,800 Turned Into $11 Million On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post how a trader bought 5.1 million Dogwifhat (WIF) tokens for $1,749 on November 30 and has held them till now, with these tokens now worth $10.9 million. Interestingly, this trader had tried to limit the sale of these tokens then but was unsuccessful as the order didn’t…
The digital gold rush is back on. Bitcoin (BTC), the world’s leading cryptocurrency, shattered its previous all-time high on Friday, reaching a staggering $70,199. This astronomical rise has ignited a firestorm of debate within the crypto community. Is this a sign of a resurgent bull market, or a fleeting frenzy before a correction? Investor Jitters: Second Thoughts After The Surge While the headlines scream record highs, a sense of cautious hesitation hangs in the air. The initial euphoria that accompanied Bitcoin’s $60,000 milestone appears to be fading, replaced by a wait-and-see approach from investors. This is evident in on-chain data…
Ubisoft, a renowned video game developer and publisher, has announced its participation as a node validator in the XPLA ecosystem, demonstrating its intention to explore blockchain technology. According to the March 7 announcement, Ubisoft’s participation in the ecosystem aligns with its focus on innovation through its Strategic Innovation Lab, which aims to anticipate future trends and capitalize on opportunities presented by “cutting-edge” technologies. Ubisoft Joins XPLA As Validator XPLA, a Tendermint-based Layer 1 blockchain, is a hub for digital media content and embodies the concept of “Explore and Play.” As the announcement notes, the partnership between Ubisoft and XPLA is…
According to a report by Fortune Magazine, the state of Wyoming is looking to solidify its position as a crypto-friendly state with the recent signing of the Decentralized Unincorporated Nonprofit Association Act. The legislation establishes a legal framework for Decentralized Autonomous Organizations (DAOs) and addresses a significant challenge in fitting these entities into existing financial regulations, as increased scrutiny of the nascent crypto industry becomes paramount. The move demonstrates Wyoming’s increased intent to foster blockchain innovation and attract new blockchain companies to the state. Wyoming Pioneers Crypto-Friendly Environment In The US According to the report, Wyoming has long positioned itself…
In the fast-paced world of technology, where every day brings new possibilities, Trigo stands out as a guide for tech enthusiasts and businesses alike. This blog invites you to step into the transformative realm of artificial intelligence (AI) and machine learning (ML) with Trigo, encouraging you to elevate your tech game and discover the wonders of these cutting-edge technologies. Unveiling the Power of Artificial Intelligence and Machine Learning: AI and ML are not just fancy terms; they represent a shift in how we interact with technology. AI allows machines to mimic human intelligence, and ML enables systems to learn and…
The final agreement between the Texas Blockchain Council & Riot Platforms, Inc., and the Energy Information Administration has just dropped, and it’s a good one. In sum, the EIA will voluntarily terminate the illegal EIA-862 collection action they initiated, and they will commit to destroying all the information that they have received and may still receive under the EIA-862. Furthermore, they will also cancel and withdraw the February 9th, 2024 notice for collection, replacing it with a new Notice. This new notice will run for a full 60 days from the date it is released in the Federal Register, and…
Renowned whistleblower Edward Snowden has made a bold prediction on X today, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. JUST IN: Edward Snowden predicts “A national government will be revealed this year to have been buying #Bitcoin without having disclosed that fact publicly.” pic.twitter.com/ECauNV3DvA — Bitcoin Magazine (@BitcoinMagazine) February 28, 2024 “Prediction: A national government will be revealed this year to have been buying Bitcoin—the modern replacement for monetary gold—without having disclosed that fact publicly,” Snowden stated. Snowden’s prediction comes amid increasing institutional, retail, and nation state interest in Bitcoin, with several…
“Government agents are not active in Bitcoin developer and influencer circles.” – Government Agents, probably As the war for global monetary supremacy wages on, you have to assume that the state is actively operating information warfare. This means that the state is operating and acting in order to preserve and expand it’s own power. For that reason, it is sane and reasonable to assume that state operators are in the trenches of Bitcoin attempting to influence public perception, developer activity, and overall bitcoin adoption. If you think this is not happening then you are naive or you’re incentivized to act…