Latest ShineChain news
Terra’s LUNA Crashes 95% As Investors Mull Recovery Plan
Terra's Flagship Token is CrateringThe Defiant•
Another Company Puts Bitcoin On Balance Sheet
New York-based digital marketing and radio network firm Townsquare Media (NYSE: TSQ) said in a filing with the U.S. Securities and Exchange Commission that it had added $5 million in Bitcoin (CRYPTO: BTC) to its balance sheet. What Happened: The company said in the filing it invested $5 million in Bitcoin last quarter. “We have ownership of and control over our digital assets and we use third-party custodial services to secure it,” said Townsquare Media. The Company believes in the long-term potential of digital assets as an investment aid said it may increase or decrease its holdings of digital assets at any time based on market conditions. See Also: How To Get Free NFTs Why It Matters: The purchase price of Bitcoin was not revealed in the Townsquare Media filing, but the company said it recorded an impairment loss of $400,000 citing “losses resulting from changes in the fair value” of the digital assets held by it. On March 31, 2022, the carrying value of the company’s digital assets was reported to be $4.6 million. The company "views its investment in Bitcoin as liquid due to the ability to readily convert the investment to cash through sale on an active exchange.” On Tuesday, Townsquare Media reported first-quarter earnings per share of $0.19 missing a Street estimate of $0.23. Data from Bitcoin Treasuries, a tracker of BTC held by companies, shows MicroStrategy Incorporated (NYSE: MSTR) and Tesla Inc (NASDAQ: TSLA) are the two largest holders of Bitcoin holding 129,218 ad 43,200 BTC respectively — valued at $4.05 billion and $1.35 billion at press time. Price Action: On Tuesday, Townsquare Media shares closed 5.1% lower at $9.71 in the regular session. At press time, over 24 hours, Bitcoin traded 0.9% lower at $30,760.05, according to Benzinga Pro data. Read Next: Long-Time Bitcoin Bear Offers $1,000 To Every Retweeter If His Prediction Of BTC Hitting $10K In 2022 Goes Wrong © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
The President of El Salvador Publishes The Model of Bitcoin City
The President of El Salvador, Nayib Bukele, published a set of models that represent the city of Bitcoin. The release of Bitcoin City, came just after El Salvador purchased a dip. According to the pictures, Bitcoin City is represented as a golden one. The caption on the first images describes Bitcoin City as a beautiful […] The post The President of El Salvador Publishes The Model of Bitcoin City appeared first on Crypto Academy.
Michael Saylor Says MicroStrategy Could Post ‘Other Collateral’ if Bitcoin Crashes
The Bitcoin believer doesn’t appear to be selling his company’s stockpile anytime soon.
Is The Azuki NFT Collection Dead? Why Twitter Is Asserting It's A Rugpull As Price Crashes
The cryptocurrency community on Twitter Inc.'s (NYSE: TWTR) social media platform declared the Azuko non-fungible token (NFT) collection "dead" after a massive price drop. What Happened: The Azuki NFT collection saw its floor price decline by over 48% within 24 hours, and the Twitter crypto community quickly concluded that this is the end of the project, according to a Tuesday Decrypt report. Twitter users switfly noticed and the host of a Twitter Space titled “The Death of Azuki” had already declared that "Azuki is dead" on Monday. See Also: How To Earn Free Crypto The drop followed a blog post from pseudonymous Azuki founder Zagabond disclosing his past participation in less successful NFT projects that some in the community described as "rugpulls." The floor price of the collection's tokens fell from about 19 Ethereum (CRYPTO: ETH) down to about 10.9 ETH within hours — a drop from over $45,000 down to under $26,000. ZachXBT — a 226,000-follower strong crypto Twitter influencer — commented on Zagabond's revelation by jokingly asking Zagabond if Web 3.0 actually means "rugging three projects in less than a year." To which the project's founder responded by claiming that the teams he was part of "delivered everything that was promised for these collections" while admitting that he wished those projects were more successful. Photo: Courtesy of opensea.io © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Terra (LUNA) Crashes 45% As UST Stablecoin Massively Loses Peg Again
The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours. What Happened: According to data from Benzinga Pro, LUNA fell from an intra-day high of $64.62 to an intra-day low of $28.03. LUNA has lost more than 65% of its value since the weekend. The token’s price plummeted after the blockchain’s algorithmic stablecoin UST lost its peg for the second time in two days. Some reports indicate that UST fell to as low as $0.65 on Coinbase Global Inc (NASDAQ: COIN). Why It Matters: UST’s token mechanics are set up so that traders can redeem $1 of LUNA for $1 of UST, ensuring that the stablecoin is constantly pegged to the dollar at all times. LUNA’s sharp decline has caused its market cap to fall under that of UST, with traders unable to redeem UST for LUNA in its previous 1:1 parity. What Else: UST briefly lost its peg over the weekend triggering the Luna Foundation Guard to loan $750 million from its Bitcoin (CRYPTO: BTC) reserves to market makers. See Also: Why Terra Is Planning To Add $10B In Bitcoin Reserves Today, on-chain data shows that Terra’s $1.3 billion in Bitcoin reserves have been drained entirely. Despite the injection of capital, UST has failed to reclaim its peg to the U.S. dollar and the protocol’s ecosystem has remained in jeopardy. 3/ While buys and sells of UST are not meaningfully directional now, we felt it was valuable to have capital ready to be deployed in the current market. As markets recover, we plan to have the loan redeemed to us in BTC, increasing the size of our total reserves. — Do Kwon (@stablekwon) May 9, 2022 “While buys and sells of UST are not meaningfully directional now, we felt it was valuable to have capital ready to be deployed in the current market,” said Terra founder Do Kwon. “As markets recover, we plan to have the loan redeemed to us in BTC, increasing the size of our total reserves.” © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Bored Ape Yacht Club, Other Ethereum NFT Prices Plummet as Crypto Market Crashes
Buying an entry-level Bored Ape today costs 55% less than a mere 10 days ago as the NFT market bleeds red alongside crypto prices.
If You Bought Your Mom $100 In Bitcoin, Dogecoin And Ethereum For Mother's Day Last Year, Here's How Much She'd Have Now
If you’re struggling with what to get your mom for Mother’s Day this year, a gift of crypto is one item to consider. The timing of the purchase could have a huge impact on whether Mom ends up making money or losing part of the gift’s value along the way. What Happened: Mother’s Day 2022 is celebrated on Sunday, May 8, 2022. The holiday was signed as an official holiday in 1914 by then President Woodrow Wilson. Each year, the second Sunday of the month of May is celebrated as Mother’s Day. Mother’s Day is meant to honor mothers and is typically a day that includes calling moms, visiting with moms and the buying of gifts for mothers or mother figures. Gifts for moms often include cards, flowers, personalized items and gift cards. For those thinking outside the box, gifts could include investments in stocks or cryptocurrency. Mother’s Day 2021 was celebrated on May 9, which was at a time when cryptocurrencies were one of the biggest topics in the world and could have been a popular gift for holidays and anniversaries. Here’s how a gift of cryptocurrency would have fared. Related Link: 2021 Was The Year Of Dogecoin: A Month By Month Retrospective With Top Stories Investing $100 In Bitcoin, Dogecoin, Ethereum: While not everyone spends $300 on their mother each year for Mother’s Day, this article will use the amount to determine how much a $100 investment in each of Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Ethereum (CRYPTO: ETH) is worth now. Here’s how much a $100 investment on May 9, 2021 could have bought of each cryptocurrency at its high price: Bitcoin: 0.0017 BTC Dogecoin: 143.3435 DOGE Ethereum: .0251 ETH Investing $100 in each cryptocurrency on last year’s Mother’s Day would be worth the following based on the prices at the time of writing: Bitcoin: $61.08 Dogecoin: $18.55 Ethereum: $67.49 The $300 gift of three top cryptocurrencies for mom would be worth $147.12 today, a decline of 51%. While the gift of $300 in cryptocurrency would be down from last year, a person who bought their mom $300 in cryptocurrency on Mother’s Day in 2020 would likely be getting a big thank you from mom. A $100 investment in Bitcoin, Dogecoin and Ethereum on Mother’s Day 2020 would have been able to buy the following amounts of each cryptocurrency: Bitcoin: 0.0104 BTC Dogecoin: 38,270.19 DOGE Ethereum: 0.4727 ETH Those three investments would be worth the following two years later: Bitcoin: $373.68 Dogecoin: $4,952.16 Ethereum: $1,271.01 The $300 investment on Mother’s Day 2020 would be worth $6,596.85 today, representing a return of 2,099% in two years. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
This article discusses the current SHE price and the SHE price predictions provided by reliable sources. Can SHE reach a new all-time high in the future? What does the SHE coin technical analysis indicate? Why is it important? What will the SHE price look like in 2021-2025? Is the SHE coin a good investment right now? Let’s dive in and decide for ourselves.
ShineChain Real-Time Status
SHE current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
ShineChain Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
You can check the SHE price through CoinJoy's crypto portfolio tracker. Choose SHE from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy ShineChain
You can choose one or a few ways to purchase SHE. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support SHE tokens and allow you to store them. Locate the SHE address starting from 0x. Sign up with SHE and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many SHE coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support SHE. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
ShineChain Price Prediction 2022
We have gathered the latest ShineChain price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that ShineChain prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0, with a potential maximum of $0, and a minimum of $0.
Trading Beasts has set the following targets for ShineChain in 2022: an average of $0, a maximum of $0, and a minimum of $0. Based on the provided data, purchasing ShineChain might not be a good long-term investment.
PricePrediction.net has come out with a negative price prediction for ShineChain: an average of $0, a maximum of $0, and a minimum of $0 is what holders could be anticipating in 2022.
ShineChain Price Prediction 2023
According to Wallet Investor, ShineChain prices are estimated to show negative downtrend signs in 2023, reaching an average of $0, with an expected maximum of $0, and a minimum of $0.
Similarly, Trading Beasts indicates an average of $0, a maximum of $0, and a minimum of $0 for ShineChain.
Based on the information provided by key indicators, PricePrediction.net believes that ShineChain prices could drop next year. The website forecasts the following prices for ShineChain: an average of $0, a maximum of $0, and a minimum of $0.
ShineChain Price Prediction 2024
As for 2024, Wallet Investor is bearish on ShineChain. Investors should watch out for a potential average of $0. The website also indicates a maximum of $0 and a minimum of $0 in two years.
Trading Beasts expects a continuous negative trend for ShineChain throughout 2024. The prices are likely to range between a maximum of $0 and a minimum of $0, with an average price reaching $0.
PricePrediction.net has set an average of $0, a maximum of $0 and a minimum of $0 for ShineChain in two years, therefore predicting value decline for the token.
ShineChain Price Prediction 2025
In 2025 Wallet Investor views ShineChain negatively. According to the website algorithm, the expected average price is $0, with potential maximum and minimum prices reaching $0 and $0 respectively.
Trading Beasts is also indicating a decrease in ShineChain prices, starting from the minimum of $0 and reaching as much as $0. The expected average price is $0.
Furthermore, PricePrediction.net is seemingly frigid about ShineChain prices in 2025. The website forecasts that the price may go up to as much as $0. The expected average price is set at the $0 level, whereas the expected minimum price is $0.
ShineChain Price Prediction 2030
According to the long-term forecast from Wallet Investor, ShineChain has bad investment potential. The prices could reach $0 on average, whereas the maximum price could go up to as much as $0, and the minimum price could hit the $0 point.
Trading Beasts predicts that the bearish trend will remain strong for ShineChain in 2030. Investors could be expecting an average of $0. The maximum and minimum prices might hit $0 and $0 respectively.
Last but not least, based on the sentiment from PricePrediction.net, ShineChain prices will continue to fall in the long run, with the average price reaching the $0 level. The expected maximum price is $0 and the potential minimum is $0.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is ShineChain a good investment?
According to the experts' forecasts, ShineChain will be a bad investment.
Does ShineChain Have Potential?
The SHE is becoming less popular right now, gradually cryptocurrency is losing ground on Coinmarketcap's market cap ranking. Even though project has developed partnerships with some giants of the cryptocurrency industry, ShineChain forecast is negative, It has low potential.
How much will ShineChain be worth in 2022?
In 2022 the price of SHE is expected to reach $0, based on the forecasting from various sources.
How much will ShineChain be worth in 2023?
In 2023 the price of SHE is expected to reach $0, based on the forecasting from various sources.
How much will ShineChain be worth in 2024?
In 2024 the price of SHE is expected to reach $0, based on the forecasting from various sources.
How much will ShineChain be worth in 2025?
In 2025 the price of SHE is expected to reach $0, based on the forecasting from various sources.
How much will ShineChain be worth in 2030?
In 2030 the price of SHE is expected to reach $0, based on the forecasting from various sources.