Tech giant Google is backing a new multi-million dollar guaranteed income project. The pilot program, dubbed “It All Adds Up,” is preparing to give a total of $2.7 million to 225 families that are struggling with homelessness in San Francisco. The five-year program will begin by giving $1,000 per month to each family for one The post $2,700,000 To Be Given Away, No Strings Attached, As Google-Backed Guaranteed Income Pilot Prepares for Launch appeared first on The Daily Hodl .
read more
Shiba Inu (SHIB) Wins New Listing
Shiba Inu (SHIB), the popular canine-themed cryptocurrency, has expanded its trading reach with a new listing on Backpack, a British Virgin Islands-regulated crypto exchange and wallet provider. The announcement was made via a tweet from Backpack on May 5th, signifying the official launch of SHIB trading on the platform. Backpack: A Growing Crypto Exchange Launched The post Shiba Inu (SHIB) Wins New Listing appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
read more
Ripple CTO Schwartz Explains Why Ripple Is Biggest XRP Seller
Ripple, a major participant in the cryptocurrency industry, has been under scrutiny for its significant sales of XRP. David Schwartz, Ripple CTO, recently addressed these concerns and shed light on the rationale behind the sales. Schwartz acknowledges that Ripple holds the largest amount of XRP compared to any other entity. Given this vast holding, selling The post Ripple CTO Schwartz Explains Why Ripple Is Biggest XRP Seller appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
read more
Grayscale Eliminates Staking from Its Spot Ethereum ETF Plan
Grayscale Investments has withdrawn its staking proposal from its spot Ethereum ETF plan. This change was made clear in an amended preliminary proxy statement for the Grayscale Ethereum (ETH) Trust filed on Tuesday. The original filing had proposed staking for investors through the trust, but this option has now been removed. Grayscale Drops Staking from The post Grayscale Eliminates Staking from Its Spot Ethereum ETF Plan appeared first on CoinGape .
read more
Why Cronos, Cosmos Hub, and BlockDAG Are Must-Watch Cryptos for 2024; Price Prediction & Analysis
The crypto market is buzzing with excitement as Cronos (CRO), Cosmos Hub (ATOM), and BlockDAG make significant strides. Cronos has seen notable price fluctuations but holds a promising long-term outlook, with predictions suggesting a rise to $0.3 in 2024 and $0.63 by 2025. Cosmos Hub is also on an upward trajectory, trading at $8.54 with The post Why Cronos, Cosmos Hub, and BlockDAG Are Must-Watch Cryptos for 2024; Price Prediction & Analysis appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
read more
Dogecoin Bulls On The Rise: Analyst Highlight Path To $0.2
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is currently demonstrating signals that suggest it might be on the cusp of a significant bullish breakout. According to a recent analysis from prominent crypto analyst Ali, the meme-inspired cryptocurrency appears to be approaching a crucial resistance level, with market behaviors hinting at potential upward movement. Related Reading: Did A Dogecoin Whale Just Sink The DOGE Ship? The $30-Million Transfer Mystery Eyes Set On Breaking The $0.2 Resistance Level Ali, a well-known market analyst, pointed out that Dogecoin is testing the possibility of reaching its highest price level in over a month at $0.2. His analysis is based on DOGE’s recent escape from a descending triangle pattern, which typically suggests a shift in market dynamics favoring buyers. Following a pattern similar to the previous cycle, where DOGE experienced a retracement after breaking out from a descending pattern before rallying, the asset has recently completed a significant 47% retracement. This movement has led Ali to highlight the market’s tendency to echo past patterns, though not perfectly. With the breakout from the descending pattern and subsequent retracement now complete, DOGE is positioning itself for another push toward the $0.2 resistance level. History doesn’t repeat itself, but it often rhymes!! https://t.co/qr9BG5QnjH — Ali (@ali_charts) May 21, 2024 This level has proven challenging, with selling pressure frequently intensifying around this range. However, the broader market sentiment remains bullish, which could support Dogecoin’s push toward this key price point. Notably, to reach $0.2, DOGE would need to increase further by nearly 20% from its current position. Currently, the memecoin is trading at $0.168, reflecting a 10% increase over the past 24 hours and continuing a week-long uptrend that has seen nearly a 15% increase. Surging Interest In Dogecoin And Strong Upside Signal The positive movement in DOGE’s price performance is further underscored by a surge in DOGE’s open interest, which has risen by 23% in the past day to reach $1 billion, according to data from Coinglass. Additionally, the open interest volume has soared by 200%, now at nearly $4 billion. An increase in open interest indicates that new market participants are entering or existing positions are being expanded. This can be a sign of strengthening market activity and a supportive factor for the ongoing price increase. Echoing Ali’s sentiment, another analyst from Crypto Daily Trade Signals identified a symmetrical triangle pattern in DOGE’s price movements, reinforcing the potential for continued upward momentum. Related Reading: Despite Price Lull, Shiba Inu Burn Rate Heats Up: Are Investors Preparing For A Mega Rally? According to this analysis, Dogecoin is showing signs of bullish behavior, with immediate resistance near $0.15950. However, since DOGE already surpassed that, the analyst noted other resistance levels at $0.16980 and $0.18440. Featured image created with DALL·E, Chart from TradingView
read more
‘All Bets Are Off’ – Top Analyst Unveils Crypto Market Forecast Amid Increased Odds of Ethereum ETF Approval
A widely followed crypto strategist says that a certain altcoin group will massively benefit from the approval of a spot market Ethereum (ETH) exchange-traded fund (ETF). Pseudonymous analyst DonAlt tells his 554,400 followers on the social media platform X that while an Ethereum ETF might be a bit bearish for Bitcoin (BTC) inflows, it will The post ‘All Bets Are Off’ – Top Analyst Unveils Crypto Market Forecast Amid Increased Odds of Ethereum ETF Approval appeared first on The Daily Hodl .
read more
US DOJ Seizes $100M In Crypto From Major Dark Web Drug Trafficking Operation
In a recent crackdown on illicit transactions involving crypto assets, the US Department of Justice (DOJ) arrested Rui-Siang Lin, a 23-year-old individual from Taiwan. Lin, who also goes by the names Pharoah and Faro, is accused of owning and operating a dark web drug marketplace known as the “Incognito Market.” The platform allegedly facilitated anonymous
read more
MoonBag Presale Bedazzles Polkadot and Toncoin
MoonBag Presale Conquers Hearts, Leaves Polkadot and Toncoin at Crossroads Recent instability in the crypto market saw crypto giant Polkadot($DOT) struggling with choppy price trends and traders’ lack of faith in Toncoin(TON). However, the emergence of MoonBag (MBAG), the newest meme coin in the crypto market, has come as a
read more