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Launched on Aug. 15, CyberConnect (CYBER) is currently one of the best-performing crypto projects. The token’s price has surged 20.3% in the last 24 hours and is up 117% in the weekly charts. CYBER is currently ranked 240 on CoinGecko based on its market cap. The platform allows developers to create social tools that prioritize user ownership of digital identities, content, and interactions. Also Read: Grayscale’s Win a Catalyst for Bitcoin Innovation: Vivek Ramaswamy Upon launch, the token briefly hit a price of $17.7, but it did not close at that level. CYBER currently faces resistance at $9.326, with support at around $7.99. It should be noted that current levels do not have a lot of volume. Hence, the rally might not be able to sustain itself. Source: CYBER/USDT Chart by Trading View Can CyberConnect continue its rally? Source: Binance As per the asset’s Fibonacci Retracement, its price could come down to around $6.464 before making any further moves. However, the $6.4

The layer-2 protocol of the Shiba Inu [SHIB] network, known as Shibarium , was recently introduced. Although its launch sparked debates, the network has been progressively gaining traction in terms of usage. Data sourced from DeFi Llama reveals that the network has already secured a combined amount of $1.42 million in locked assets. It’s noteworthy that the Shibarium network currently accommodates only eight projects. These entities consist of DogSwap, MARSWAP, WoofSwap, Woof Finance, Shibex, LeetSwap, BoneDex, and ChocoInu. While most of these projects are decentralized exchanges or DEX, ChocoInu is not. Additionally, most of these projects offer additional functionalities, including staking, yield farming, and liquidity mining. Also Read: Shiba Inu: Investor Tests Shibarium , Here’s the Speed, Cost & Much More Here’s how to select a project on Shibarium With the rise of the Shibarium network, there might be numerous deceitful projects poised to exploit inexpe

This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen. On the latest episode of The Market Report , Cointelegraph analyst Marcel Pechman delves into Grayscale’s victory against the United States Securities and Exchange Commission. Even though there’s still no decision regarding the firm’s application for a spot Bitcoin (BTC) exchange-traded fund, the decision was favorable for Grayscale and its Grayscale Bitcoin Trust, which has over $16 billion in assets under management. Next, Pechman discusses the impact of Chinese real estate giant Evergrande’s bankruptcy and questions why it took almost two years to announce the company’s inability to repay its debt. According to The Kobeissi Letter, it seems related to China’s recent unexpected cut in interest rates. Pechman reminds viewers that China recently announced several measures to stimulate the stock market. Ul

Terra Luna Classic v2.2.0 Core Upgrade Readiness L1 Terra Classic Task Force (L1TF) developer Vinh Nguyen took to X to reveal that the developer team is ready for the v2.2.0 core upgrade and will process it after it passes the governance proposal mechanism. Moreover, all full nodes and validators should update with the v2.2.0 release after approval of the proposal by the Terra Luna Classic community. advertisement The team successfully completed the testnet upgrade and all reported issues are now fixed. Several validators joined the rebel-2 testnet prior to scheduling the mainnet upgrade. According to the report, code work for the v2.2.0 core upgrade including cosmos SDK upgrade, tendermint migration to CometBFT, IBC-go to v6, and wasmd are completed. The upgrade introduces key changes earlier passed through governance voting including splitting the burn tax to the distribution module. Read More: Terra Luna Classic Requisite Market Swap Reopening For LUNC And

Elon Musk ’s X (formally Twitter ) has obtained the required licenses to initiate cryptocurrency payments, trading, and transactions on the platform. X was granted a license for trading in seven states in the U.S., including Arizona, Missouri, Georgia, Maryland, Michigan, New Hampshire, and now Rhode Island. As soon as the news broke out, Dogecoin turned green, signaling that X cryptocurrency payments could make its price head north. Also Read: Shiba Inu: When Will Shibarium Kick-Start a Rally for SHIB? JUST IN: 🇺🇸 X (Twitter) obtains license required for crypto payments and trading. — Watcher.Guru (@WatcherGuru) August 29, 2023 X (Twitter) Cryptocurrency Service To Help Dogecoin Spike? Source: Twitter So will X’s adoption of cryptocurrency payments make Dogecoin turn bullish again? The answer to this is most likely no. Adopting cryptocurrency trading and transactions could only make the meme currency rise to a point. Despite the news of the development, DOGE manag

The Shiba Inu ecosystem’s most-awaited project, Shibarium , relaunched last week after the mainnet went live on Friday. Despite the launch and relaunch in the last two weeks, SHIB has failed to scale up in price. Additionally, its governance token, BONE is moving backward in price and shedding most of its value this month. Shibarium has not caused SHIB and BONE to rally, and the layer-2 release generated little to no hype among investors. Also Read: Shiba Inu: SHIB Price Prediction for September 2023 The delay in release could be the sole reason for the hype to fizzle out, as it took more than two years to come out. The initial botched release on August 16 is another reason why investors feel that things are not moving in the right direction. All these piled up and were reflected in the charts as Shiba Inu failed to attract buying pressure despite launching Shibarium . Shiba Inu: When Will SHIB Rally & Can Shibarium Help? Source: bitcoinmagazine.com Shibarium was seen

The price of the largest meme coin, Pvtgq X Fu, surged by as much as 6% following the news regarding Elon Musk ’s X . Regulators in Rhode Island have formally issued a currency transmitter license to X . This information has been made public on the Nationwide Multistate Licensing System (NMLS) website as of August 28. This step signifies a notable advancement in the company’s efforts to grow within the financial services sector, even though the license is specific to Rhode Island. As always, the positive development has had a positive impact on the price of i7cF X . Also read: X ( Twitter ) Obtains License Required For Virtual Currency Dogecoin surges by 6% following the news In the last 24 hours, Dogecoin went from a low of $0.06254 to a high of $0.06806. According to CoinMarketCap data, DOGE is trading at $0.06686 . Elon Musk’s association with Dogecoin has garnered significant interest within the cryptocurrency community. Musk has continuously demonstrated his a

As of press time, Polygon’s MATIC is trading 1.75% up at a price of $0.5583 with a market cap of $5.202 billion. It has given a bullish bounce back above its key support levels of $0.53. However, if the MATIC price drops under this support level, it could experience a nearly 30% freefall to $0.40. advertisement If #Polygon loses the $0.54 support — guarded by 3,770 addresses holding over 70 million $MATIC — it could freefall to $0.40! ⚠️ pic.twitter.com/040dv1Mb9P — Ali (@ali_charts) August 28, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best P

The second most prominent meme coin, down 2% on Monday, is trading at $0.00000795. If bulls fail to reclaim support at $0.000008, investors may want to start acclimatizing to losses extending to $0.000007 and $0.0000062 – lower buyer congestion areas. advertisement Shibarium Relaunch Fails To Trigger SHIB Price Rally Shytoshi Kusama, SHIB’s lead network developer, has released updates on the new Shibarium layer 2 solutions protocol today. Following the mainnet’s launch the week before, the protocol encountered scalability issues, forcing developers to take it offline. The developers spent the last week solving the scalability challenges and enhancing network security, culminating in reopening the bridge to Ethereum to allow for withdrawals to take place seamlessly. Users on the platform can now freely withdraw various tokens, including SHIB, LEASH, and wrapped Ether (WEth). The pseudonymous developer said that withdrawals would be processed within a reasonable

In a recent significant development, a US judge handed down a ruling that determined Ripple ’s XRP should not be classified as a security, bringing an end to the legal dispute between XRP and the SEC. As a result of this pivotal decision, the price of XRP experienced a remarkable surge in the market. The victory was considered monumental for Ripple , as the prolonged lawsuit came to an end. XRP’s price has not been quite as high as compared to other altcoins. XRP is trading at $0.520633177, with a 1.2% spike in value over the past 24 hours. XRP is up by 1.5% over the last 7 days and 26.5% down in the last 30 days. Here is our price prediction for Ripple XRP for September. Ripple price prediction for September 2023 Cryptocurrency experts at Changelly have given their price prediction for Ripple XRP for September. According to the analysts, XRP is forecast to reach a minimum of $0.587 and a maximum of $0.728. The average price of XRP is expected to be $0.657. Also re

In the ever-evolving realm of cryptocurrencies, finding accurate and up-to-date information has been a Google-dominated journey so far. However, as the winds of change sweep through the crypto space, a groundbreaking alternative emerges on the horizon.  Brace yourselves for August 2023, as the Beta version of Bitfinder makes its grand entrance, promising to revolutionize the way we explore the crypto universe. Gone are the days of relying solely on Google’s generic search results for intricate crypto queries. Bitfinder is set to take center stage with its tailor-made search engine, meticulously crafted to cater to the dynamic demands of the crypto industry.  Bitfinder’s Game-Changing Search Engine is Challenging Google’s Dominance in Crypto Industry Bitfinder, an exciting and ambitious venture, is poised to unveil its Beta version with a groundbreaking Initial Coin Offering (ICO) in August 2023.  This pioneering project aims to illuminate the crypto industry with its revo

The said post saw Ardoino share a picture of a container with the inscription “Tether Energy” and its logo.  advertisement Speculations Around Tether Energy This post has triggered speculations in the minds of many netizens and Tether community members. It has forced many tabloids to ask questions like “Is the site real?”, Did Paolo really photoshopped the logo on a container and many more. In response to all of these questions, the Tether CTO has offered an explanation . GM Lot of speculation from the community on the photo I posted showing a container with the "Tether Energy" logo. "Is the site real?", questioned some tabloid. Did Paolo really photoshopped the logo on a container? Did Paolo really start to eat cabbages and vegetables? Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read

Despite cryptocurrency’s decentralized ideals, a select few hold vast amounts of Bitcoin, wielding outsized influence. Who owns the most Bitcoin, and how do these whales sway the market? It has been 15 years since the invention of Bitcoin (BTC), the cryptocurrency that kicked off what is now a multibillion-dollar digital asset industry. In that time, the coin has become one of the largest peer-to-peer (P2P) networks in terms of the total number of users. However, there have been concerns regarding Bitcoin’s centralized distribution, which seems counterintuitive to its original purpose. It is becoming increasingly clear that a small number of companies and individuals control the vast majority of Bitcoin’s current supply. These entities are often called “whales,” who, because of their massive holdings, can cause significant ripples across the BTC market. These whales often command attention from other market participants due to their outsized trading activity and capacity to influe