Friday, April 26Welcome to Cryptolifedigital

Uncategorized

Dogecoin Will Rise15% If This Pattern Plays Out Correctly
Uncategorized

Dogecoin Will Rise15% If This Pattern Plays Out Correctly

The first Memecoin on the cryptocurrency market, Dogecoin, has a clue of intraday traders thanks to the symmetrical triangle pattern, which may release DOGE forward if it plays out in favor of bulls. Traders usually consider a symmetrical triangle a bullish pattern as it statistically results in an upward breakout. But at the same time, traders should not forget about the possibility of a bearish scenario in which an asset breaks the lower border of a pattern and speed downward. Read Also: As Part of Vasil Hard Fork, Cardano's Smart Contracts to Decrease Transaction Size in New Update Uninterestingly, DOGE is more actively testing the lower border of the formation, hinting at a plunge down rather than a short-term upward rally. Long-term Dogecoin scenario Because of the cur...
Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market
Uncategorized

Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market

Almost all of the crypto market has turned green, except for a few exceptions like Terra (another 99% daily dump). After several days of massacres, bitcoin finally initiated an impressive leg up, resulting in a $6,000 green daily candle. Most altcoins also joined the ride, with massive price increases from Cardano, Polkadot, Avalanche, and others. Read Also: SHIB Spike 25% as Token Gets Listed on Top Middle East Crypto Exchange Bitcoin Taps $30K The volatile nature of the cryptocurrency market has been quite evident in the past ten days ago. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. Still, the reality was majorly more brutal and violent. BTC was firstly dumped by $4,000 in hours before sliding below $34k just a few days af...
Whale Holding 1.14 Trillion SHIB Buys Yet Another 57 Billion Coins
Uncategorized

Whale Holding 1.14 Trillion SHIB Buys Yet Another 57 Billion Coins

Whalestat has brought forward that the Ethereum whale ranked 72nd on the scale of this crypto data service has amassed a huge chunk of  Shiba Inu, adding to his stash of these meme coins, which already constitutes 1.14 trillion SHIB. Read Also: Cardano Founder, Charles Hoskinson Highlights Best Part of Cardano's eUTxO Architecture The transaction took place approximately 20 hours ago. Whale buys 57 billion Shiba The aforementioned crypto data service spotted Ethereum whale "Bombur" purchasing a total of 56,946,679,217 SHIB for $1,070,028. After the acquisition, the amount of Shiba Inu coins held by this cryptocurrency wallet increased to 1,147,843,854,587 SHIB. https://twitter.com/shibaqueen3/status/1523340472403513345 apart from that, "Bombur" and another...
What is Seed Phrase and How to Use It Securely
Uncategorized

What is Seed Phrase and How to Use It Securely

A cryptocurrency wallet is an endpoint to the world of blockchain and web3 technology. It permits crypto enthusiasts to save, send, receive, and (in some cases) exchange their assets with each other. While crypto wallets unlock a plethora of new opportunities in terms of security, transparency, and censorship resistance, using them takes basic skills of crypto security and a high-level understanding of how blockchains work. Read Also: Scam Alert: NFT Major OpenSea gets Its Main Discord Hacked What are crypto wallets? In general, a crypto wallet is a software mechanism designed for storage, sending, and exchanging cryptocurrency. At the same time, a crypto wallet is an address in the blockchain associated with this or that keypair (private and public key). Just like a bank acco...
Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report
Uncategorized

Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report

With the Twitter-Musk deal expected to be completed soon, new reports reveal that the billionaire will be set up as temporary CEO. Tesla and SpaceX CEO Elon Musk is expected to temporarily take the CEO position at the social media giant Twitter, after the deal to buy the firm is concluded. Read Also: Terra Bypasses Tesla As It Becomes The Second-largest Corporate Holder Of Bitcoin As stated by a report by CNBC on Thursday (May 5, 2022), anonymous sources revealed that Musk will serve as Twitter’s CEO for a few months after the takeover of the company. Parag Agrawal, who is currently at the helm, began his leadership position at Twitter back in November 2021, after taking over from Jack Dorsey. The latter is a well-known bitcoin proponent who stepped down after year...
130.5 billion SHIB To Grab By the 1 Trillion Whales.
Shiba Inu, Uncategorized

130.5 billion SHIB To Grab By the 1 Trillion Whales.

WhaleStats has reported that owners of two main Ethereum wallets have amassed a comprise 130.5 billion  Shiba meme tokens. One of these whales already holds over 1 trillion SHIB. Read Also: Cardano (ADA) to Host Anti-Counterfeit Platform with Micro Chips https://twitter.com/WhaleStats/status/1521959469965615105 130.5 billion SHIB added to large whales' wallets Ethereum investor "BlueWhale0073" acquired 77,863,856,441 SHIB for $1,679,523 earlier today. Before that, another whale—"Bombur"—laid his hands on a slightly smaller, but still substantial amount of Shiba. This investor, whose wallet's name originates from Tolkien's fantasy novel, "The Hobbit: There and Back Again," grabbed 52,722,964,285 SHIB tokens. https://twitter.com/shibaqueen3/s...
20 Billion SHIB Destroyed by Burn Portal, Solana Goes Down, SEC Attempts to Protect Hinman Emails: Crypto News Digest byCryptolifedigital
Uncategorized

20 Billion SHIB Destroyed by Burn Portal, Solana Goes Down, SEC Attempts to Protect Hinman Emails: Crypto News Digest byCryptolifedigital

Take a look at what happened in the crypto firm over the weekend with cryptolifedigital’s top four news stories. Shiba Inu burn portal records more than 20 billion SHIB burned less than a week after launch Shiba Inu holders continue showing support for the recently introduced burn portal, wishing to boost their tokens’ price. In the first 24 hours after its launch, a whopping eight billion tokens have been incinerated. Since then, this figure has more than doubled. According to a report released on Saturday, meme token holders have destroyed more than 20 billion SHIB tokens. Read Also: 2 Trillion Shiba Inu Whales Grab $9 Million in APE: Report Today, per U.Today’s latest article, the number of burned Shiba Inu tokens increased to 22.5 billion. Solana goes down (again) ...
Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger
Uncategorized

Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger

Charlie Munger, Warren Buffett's right-hand man, and Berkshire Hathaway vice-chairman has slammed the trading app Robinhood, saying the company is now "unraveling." Munger blasted what he describes as Robinhood's "short-term gambling, big commissions, hidden kickbacks, and so on." Read Also: ApeCoin to Move from Ethereum After "Turning Lights Off," Causes Controversy Robinhood does not charge commissions to customers and makes the majority of its gains from "payment for order flow," which is a back-end fee paid to brokerages for channeling clients' trades to market makers. Munger described this as "disgusting," saying, "Now it's unraveling. God is getting just." Munger initially attacked Robinhood's practices in February 2021 amid a trading frenzy while calling the a...
SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3%
Cryptocurrency, Uncategorized

SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3%

As reported by a major SHIB burn platform and tracker of data related to incinerating Shiba tokens, over the past 24 hours, a whopping 1.4 billion meme coins have been moved to dead crypto wallets. Besides, over the past few hours, roughly another 200 million were burned by the Shiba Inu community too. Thus, the amount of destroyed canine crypto since yesterday morning is over half a billion. Read Also: 115.3 Million XRP Sent by Ripple and Large Exchanges to This Destination Within the time, the second-largest meme crypto, SHIB, has been reducing in the past 24 hours. More than 1.5 billion SHIB moved to dead wallets @shibburn crypto tracker and burner have shared the news of another massive amount of SHIB burned since yesterday morning—a total of 1,...
Dogecoin Fan Elon Musk May Buy Twitter This Week: Report
Uncategorized

Dogecoin Fan Elon Musk May Buy Twitter This Week: Report

Centibillionaire Elon Musk may be on track to link a deal with social media giant Twitter as early as this week, as stated by the Wall Street Journal to a Monday report. As reported by U.Today, Musk stirred controversy earlier this month after announcing his bid to take Twitter private for $43 billion. Before that, he bought more than a 9% stake in the influential social media platform.   Read Also: Cardano Plunge into "Historical Buying" Zone as ADA Price Sloughs 7% in a Week: Details Previous media reports stated that Twitter’s board of directors had passed on the offer. The firm also takes the so-called  â€śpoison pill” by diluting the value of the stock to prevent the takeover. Notwithstanding, the company has reportedly decided to give the deal another g...