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Shiba Inu (SHIB) is a meme token that took the cryptocurrency space by storm. It is called “DOGECOIN KILLER” by its community and other crypto users. It was launched on the Ethereum blockchain as an ERC-20 token. Shiba Inu investors are bullish on the token since it has had a return on investment (ROI) of over 146000 times in the past 2 years. The recent crypto winter in the first half of 2022 led to a dip in the price of SHIB after it attained a present all-time high (ATH) price of $0.00008845 in October 2021. Hence,  Ethereum whales have increased their investment in SHIB in the past few months. If you are interested in the future of Shiba Inu (SHIB) and would want to know the price Analysis and price prediction of SHIB for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article. Table of contents What is Shiba Inu (SHIB)? Analysts’ View on Shiba Inu (SHIB) Shiba Inu (SHIB) Current Market Status Shiba Inu (SHIB) Price Analysis 2023 Shiba Inu (S...

The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia. One of the primary benefits of Blockchain Technology is the ability to record and capture information in a permanent, tamper-proof record. Once data is on a Blockchain network, it cannot be altered, making it an ideal solution for record-keeping.  Tokenized assets, such as nonfungible tokens (NFTs), can also be placed on a blockchain. This can verify ownership while demonstrating that certain events occurred at particular times. For example, the Meta History Museum tokenized data from the war in Ukraine in May 2022, placing the information on a blockchain network to preserve records of the war. Ensuring that specific events take place is also becoming more important than ever due to the rise of artificial intelligence (AI) and its ability to generate deep fakes, along with historical images that may appear realistic. N...

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his father. Sources Claim SBF’s Legal Defense Is Paid for by Alameda Loot After the latest revised indictment charges against Sam Bankman-Fried (SBF), Forbes reports that funds tied to Alameda Research may be paying for SBF’s legal defense. Forbes contributors Sarah Emerson and Steven Ehrlich explained that two unnamed sources disclosed that SBF directed “at least $10 million from Alameda” to his father, Joseph Bankman. The duo is accused of using a “lifetime estate and gift tax exemption” for the funds, which were allegedly given to Bankman in 2021. SBF has pleaded not guilty to his ind...

Achieving interoperability between different layer-1 networks is crucial for the growth and adoption of blockchain technology. Achieving seamless interaction between different Layer-1 networks is critical to realizing the full potential of blockchain solutions and accelerating global adoption. However, the decentralized nature of blockchain creates complex hurdles, making it difficult to overcome silos. The lack of interoperability is hindering Blockchain Adoption because of multiple existing limitations, including: Inability to build multichain decentralized applications (DApps) — developers are limited in their ability to build DApps that can interact with multiple blockchain networks, narrowing their potential reach and functionality. Fragmentation — without interoperability, blockchain networks become more fragmented, with each network operating independently. This makes it difficult for individuals and enterprises to adopt the technology and get the most out of it. Moreover, frag...

French authorities have reportedly raided five major banks in a €100 billion fraud investigation, according to a report from Deutsche Welle (DW) on Tuesday. Moreover, the probe was connected to a potential money laundering case involving both the French and German governments. The searches have taken place within Paris and surrounding areas. Specifically, targeting four French banks, and one international one, according to a spokesperson for France’s Financial Prosecutors Office (PNF). Subsequently, the investigative efforts are said to be ongoing. JUST IN: 5 major banks raided by French authorities in €100 billion fraud investigation. • Societe Generale • BNP Paribas • Natixis • HSBC • Exane — Watcher.Guru (@WatcherGuru) March 28, 2023 Five Banks Targeted in French Investigation According to a report made Tuesday, French authorities have raided five major banks in a €100 billion fraud investigation. Additionally, the French and German governments are working to p...

Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more clarity” from regulators would be helpful for the crypto industry. “I think our industry has suffered from having two major factions lumped into one: the money-crypto faction … and the tech-crypto faction,” he explained. Ethereum’s Co-Founder on Crypto Ecosystem, Regulation Ethereum co-founder Joseph Lubin discussed the state of the crypto ecosystem, regulation, and whether ether (ETH) is a security in an interview with CNBC last Wednesday. “The strength of our ecosystem has never been better or stronger,” he began. While noting that “There are certainly headwinds — some microeconomic, financial headwinds — out in the world,” as well as “banking issues for a small number of companies” in the crypto space, he emphasized: “The sizes of the c...

Balaji Srinivasan, the American entrepreneur, and former Chief Technology Officer of the crypto exchange Coinbase confirmed via his Twitter thread that he has already transferred $2 million into USDC regarding his bet with the tax enthusiast under the Twitter pseudonym James Medlock. On March 25, Balaji tweeted updating the status of the bet as a “Simon-Erlich style pubic interest bet where it is clear that there’s zero profit motive”: As I mentioned to Medlock, I moved $2M into USDC days ago and it's ready to go[1]. Right now, we're making sure it's set up as a Simon-Erlich style public interest bet where it's clear that there's zero profit motive. [1]: https://t.co/cLy2hEFsIc https://t.co/mKpak2KBCU pic.twitter.com/vh4k0nKFHh — Balaji (@balajis) March 25, 2023 Previously, on March 16, Medlock posted on his official Twitter account betting $1 million about the least possibility of hyperinflation in the US crypto market. Responding to the twee...

A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer we delay providing this commonsense clarification, the greater risk that this transformative technology is driven overseas, depriving domestic users and investors,” the lawmaker warned. Blockchain Regulatory Certainty Act Launched U.S. Congressman Tom Emmer (R-MN), the majority whip of the U.S. House of Representatives, announced on Thursday that he has introduced the Blockchain Regulatory Certainty Act (BRCA), “which affirms that blockchain developers and service providers that do not custody consumer funds are not money transmitters.” This bipartisan bill is co-led by Representative Darren Soto (D-FL). Emmer first introduced a similar bill in 2018. “Crypto and blockchai...

Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the collapse of crypto exchange FTX. Bundchen claimed that she only invested in FTX because her financial advisors recommended it. Bundchen and Brady’s Shareholding in FTX Gisele Bundchen, a fashion model and the estranged wife of former NFL quarterback Tom Brady, has said she only invested in Sam Bankman-Fried’s FTX because her financial advisors told her to do so. In remarks published in the Daily Mail, Bundchen suggested that she, just like other FTX investors, was “blindsided” by the crypto exchange’s spectacular collapse. According to the Daily Mail, the celebrity model reportedly held more than 680,000 shares in the collapsed crypto exchange, which were at one point valued at $57 million. Brady, on the other hand, held more than 1.1 million FTX shares when the crypto exchange collapsed. Besides being a share...

Hindenburg recently released a report analyzing how inflated user metrics and “frictionless” fraud facilitation enabled Block insiders to cash out over $1 billion. The research-led hedge fund published its report after a two-year investigation. It alleged Block for “systematically” taking advantage of the demographics it claimed to be helping. According to Hindenburg , “The “magic” behind Block’s business has not been disruptive innovation, but rather the company’s willingness to facilitate fraud against consumers and the government, avoid regulation, dress up predatory loans and fees as a revolutionary technology, and mislead investors with inflated metrics.” Now, a recent Bloomberg report brought to light that Dorsey’s fortune shrunk by $526 million on Thursday, March 24. This marked his “worst single-day decline” since May. In fact, according to the Bloomberg Billionaires Index, he is now worth only $4.4 billion post the 11% drop. Dorsey reportedly has most of his “personal fo...

Joined the Silvergate Exchange Network back in 2019, Kraken is now looking for new ACH funding options. Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate. Kraken has reportedly notified its users that it will be unable to support ACH deposit s and withdrawals starting from March 27. According to multiple online reports by alleged Kraken users, Kraken sent an email notice with the announcement on March 22. In the statement, Kraken specified that users will no longer see a deposit option via Plaid or withdrawal option via ACH Silvergate beginning March 27. “No other services will be affected by this change, including ACH instant purchases via Online Banking,” the firm noted. Kraken has advised users to take a look at the other available funding options in order to ensure uninterrupted funding experience, including MVB Bank for Fedwire deposits and withdrawals as well as...

First Republic Bank is seeking outside help to survive. According to the Wall Street Journal (WSJ), the bank has hired financial advisor Lazard Ltd. to assess its options and McKinsey & Co. to develop a post-crisis strategy. The article states that finding a buyer, selling stock, and other choices are difficult for the bank, whose depositors have removed $70 billion since Silicon Valley Bank failed, starting the crisis. This week, Fitch Ratings and S&P Global downgraded First Republic, prompting rumors of a sale. “The bank’s business position will suffer after the volatile swings in its stock price and heightened media attention surrounding deposit volatility,” wrote S&P analysts Nicholas Wetzel and Rian Pressman. “Its business stability has weakened as market perceptions of its creditworthiness have declined.” One day after that news surfaced, 11 of the nation’s major financial institutions deposited $30 billion in uninsured money into F...

BTC price continues to show bullish momentum, but the absence of whale buyers and institutional investor selling threatens to weaken the current rally. Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and BTC has been rising since the start of the month. Correlation coefficient between BTC and gold. Source: TradingView However, institutions have become net sellers of Bitcoin in 2023, which raises some red flags. Bitcoin whales, holding between 10 and 10,000 BTC, have not participated in the current rally. It appears that retail investors are mainly driving the uptrend. The divergence between whale and retail investment could cause a short-term pullback in Bitcoin prices. Institutions are forced BTC sellers, s...