Bitcoin Skyrockets to $100,000 by 2024: Banking Crisis Fuels Crypto Revolution

Standard Chartered predicts Bitcoin price to reach $100,000 by end of 2024. U.S. banking crisis strengthens the case for Bitcoin as a decentralized, trustless, and scarce digital asset. Standard Chartered Foresees $100,000 Bitcoin Amid U.S. Banking Crisis Standard Chartered analysts have made a bold Bitcoin price prediction for the next bull cycle, anticipating that the cryptocurrency will climb to $100,000 by the end of 2024. This forecast comes amid a growing banking crisis in the United States, with the collapse of several banks, including Silicon Valley Bank, Silvergate, and Signature.…

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Shiba Inu Primed for Explosive 380% Surge: Get Ready for the Next Crypto Sensation

Shiba Inu maintains key support levels, indicating a potential 380% upswing. The meme coin’s ongoing development efforts and milestones contribute to its bullish outlook. Shiba Inu: Achieving Milestones and Gaining Recognition Shiba Inu (SHIB), a well-known meme coin, has earned its place among the top 20 cryptocurrencies based on market capitalization. The dedicated SHIB team has embarked on multiple projects, leading to the Shiba Inu network achieving significant benchmarks and milestones. This progress has garnered the attention and recognition of the industry. Market Reversal: Is a SHIB Breakout Imminent? Following…

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VeChain Leads the Green Revolution: Outshines Bitcoin and Ethereum in Carbon Footprint Battle

VeChain’s carbon footprint significantly lower than Bitcoin and Ethereum. VeChainStats launches carbon calculator to track CO2 emissions for transactions and smart contracts. VeChain’s Smaller Carbon Footprint In a recent tweet from Sarah Nabaa, General Manager at VeChain, the carbon footprints of various cryptocurrencies were discussed. According to her, Bitcoin accounted for 86.3 million tonnes of CO2 in 2022 alone, while Ethereum dropped from 21.95 million tonnes to 8,824 tonnes of CO2. In contrast, VeChain’s carbon emissions stood at only 4,459.41 kg of CO2, showcasing its more sustainable approach to blockchain…

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Ripple Ecosystem Exploding with Largest E-Commerce Plattform to Adopt Seamless XRPL Payments Integration

Xumm collaborates with Ecwid by Lightspeed, bringing XRPL payments to over 1 million online stores. Integration allows seamless transactions using any asset on the XRP Ledger, with store owners receiving 100% backed stablecoins. Xumm Enhances E-commerce with Ecwid by Lightspeed Integration Xumm, a leading payment solution in the XRPL ecosystem, has recently integrated with Ecwid by Lightspeed, a top e-commerce platform. This partnership brings XRPL payment options to more than 1 million Ecwid stores, offering customers a smooth, secure, and efficient digital transaction experience. Xumm makes a giant leap in…

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Report: VeChain Meets MiCA Requirements with Superior Tech, Ready to Enter EU Billion-Dollar Market

EU Parliament approves MiCA regulation with an overwhelming majority, making the EU the first major jurisdiction to introduce a comprehensive crypto law. VeChain has compliance built into its core operations and network architecture, ensuring it is compliant with all laws worldwide. EU Parliament Approves MiCA Regulation and Funds Transfer Regulation The European Parliament has approved the Markets in Crypto-Assets (MiCA) regulation and the Transfer of Funds regulation with an overwhelming majority. The MiCA regulation requires crypto wallet providers and exchanges to seek a license to operate across the EU bloc,…

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Filecoin’s FWS Unveils Open-Source AWS and Azure Rival, Powered by Decentralized Storage Network

Filecoin Web Services (FWS) is an open-source alternative to AWS, GCP, and Azure. FWS is a set of compute and storage technologies built on top of the Filecoin Network. Open-Source Alternative to Cloud Services: FWS The engineering team within the Filecoin ecosystem has reached a significant milestone in the Filecoin Web Services project. FWS is an open-source alternative to cloud services like AWS, GCP, and Azure that leverages the potential of Filecoin, the world’s largest decentralized storage network. This platform includes various components such as computing, storage, and networking resources…

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IOTA Offers Chance to Win $SMR 1.3M in ShimmerEVM Incentive Program to Build the Blockchain of the Future

The public ShimmerEVM testnet has been launched and is sponsoring a two-week-long incentive campaign called Treasures of Shimmer. Participants can earn a share of a total of 1,300,000 $SMR tokens for participating in the public testing of the EVM chain and the dApps deployed on it. Treasures of Shimmer The Tangle Ecosystem Association (TEA) is sponsoring an incentive campaign called Treasures of Shimmer, which rewards users and projects for participating in the public testing of the EVM chain and the dApps deployed on it. The campaign offers a total of…

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Report: Bitcoin in a Sideways Trend – Will it Reach $25,000 or $30,000 by Week’s End?

Bitcoin has experienced a recent price drop, but it is seen as a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months. Investors are eyeing next week’s Federal Open Market Committee (FOMC) meeting, with the CME FedWatch Tool currently showing a 91% probability of the U.S. central bank raising interest rates 25 basis points (bps) Bitcoin drops to $27.3K, Ether edges toward $1.8K amid investors’ interest rate concerns Bitcoin’s price has been hovering around $27,350, down 0.4% in the past…

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Report: Is Short Term Profit Still Possible After This Memecoin Rallies 40% and Overtakes Dogecoin Following Binance Listing?

Binance.US has listed Floki Inu (FLOKI) on its platform, joining other meme-inspired cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB). By joining Binance.US, Floki Inu is gaining visibility and credibility within the cryptocurrency community. Floki Inu joins Dogecoin and Shiba Inu on Binance.US Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has listed Floki Inu (FLOKI) on its platform, making it the latest meme-inspired cryptocurrency to join the ranks of Dogecoin (DOGE) and Shiba Inu (SHIB). The Floki Inu team announced the news on its official Twitter account, hailing…

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Ethereum’s Shanghai Upgrade Spurs Record-Breaking Inflow of ETH Deposits for Staking

Ethereum’s Shanghai upgrade led to a record-breaking weekly inflow of ETH deposits for staking, mainly driven by institutional staking service providers and investors reinvesting rewards. The top five institutional-grade staking service providers staked a total of 235,330 ETH combined, worth around $450 million. Record-breaking ETH deposits for staking after Shanghai upgrade Ethereum’s Shanghai upgrade, completed on April 12, led to a record-breaking weekly inflow of ETH deposits for staking, worth over $1 billion. According to a Dune Analytics data dashboard by 21Shares, investors deposited 571,950 ETH tokens into staking contracts,…

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