Shiba Inu has been making waves with a recent 6.3% increase in its price, largely driven by its aggressive token burn strategy and the anticipated launch of Shibarium. The strategy to burn roughly 839 million tokens weekly aims to reduce supply and potentially increase the coin’s value. Chainlink has recently seen its price jump from $13 to $17, driven by increased on-chain activity and Bitcoin’s rise. Key technical indicators, particularly the Ichimoku Cloud on the daily timeframe, suggest strong resistance at $17.41. A break above this level could indicate further bullish momentum. Chainlink has significant support levels at $16.41, $15.525, and $14.09, and maintaining these levels is crucial for sustaining its upward trend. Lowest price of AI Moonshot in the last 24 hours was $0.
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Bitcoin’s halving event- which saw the halving of mining rewards on the blockchain, took place over the weekend with little price action. Still, it’s a landmark for the nascent crypto industry, which has long been pushing for greater acceptance of bitcoin and other digital currencies on Wall Street. JEEZ: Only halfway through trading day and New Nine bitcoin ETFs have already broken their all time daily volume record w $2.6b. We got 4 btc ETFs in Top 20. $IBIT is #4 overall, it’s gonna trade more today than in its first two wks combined. This is officially a craze. pic.twitter Wqez1rKrCg “The next halving is expected to occur on April 20, 2024. Since most bitcoins are now in circulation, each halving will be almost exactly half as big a reduction in new supply. If history were to repeat itself, the next halving would see bitcoin rising to $35k before the halving and $148k after.”
