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Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Wilfred Michael

Last week, the cryptocurrency community on Twitter was triggered by a warning message from an anonymous hacker who claimed to have discovered a &#8220;market-nuking&#8221; bug on the Coinbase exchange. The anonymous hacker who potentially saved the industry billions of dollars through responsible disclosure has received a $250,000 bounty from Coinbase. Coinbase&#8217;s &#8220;largest-ever bug bounty&#8221; How ... Read more

Coinbase Pays $250k to Hacker Who Potentially Saved the Market Billions

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Coinfomania

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Crypto Regulation News

Treasure Samuel

Croatia&#8217;s largest supermarket chain, Konzum, recently announced that it has started accepting crypto from customers as payment for goods bought. Konzum now accepts a total of nine cryptocurrencies for payments, including Bitcoin, Ethereum, and XRP. The development, announced earlier today by Konzum, arguably makes it the first among its kind to introduce a cryptocurrency payment option ... Read more

Croatia's Largest Food Store Konzum Now Accepts Crypto

Croatia&#8217;s Largest Food Store Konzum Now Accepts Crypto

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Lucky Ebosele

AMC Entertainment accepts cryptocurrencies BTC, BCH, LTC as online payment options and plans to add Dogecoin as an online payment option.

AMC Now Accepts BTC, BCH, LTC as Online Payment Options, Dogecoin Next

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Crypto Wallet News

SHIB

Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that made its debut in August 2020, created by the mysterious and anonymous figure known as Ryoshi. When it started, it was birthed as a meme coin, borrowing a bit of Dogecoin’s playful spirit. But, SHIB has since carved out a more ambitious identity. While Bitcoin aims to be a store of value, and Ether powers decentralized apps, SHIB started off as a community-driven project but quickly expanded to embrace decentralized finance (DeFi), a layer-2 blockchain solution, and NFTs. SHIB doesn’t have its own independent chain. It operates as an ERC-20 token on Ethereum&#8217;s blockchain, leaning on the blockchain&#8217;s huge security and smart contract infrastructure. The token began with a super huge supply of one quadrillion, though a hefty chunk—over 410 trillion—was burned by Ethereum co-founder Vitalik Buterin, catching the eyes of the crypto space. How Does Shiba Inu Work? SHIB is part of a larger ecosystem that includes: ShibaSwap: A decentralized exchange (DEX) where SHIB holders can stake, swap, and earn rewards. BONE and LEASH: Two additional tokens that offer governance and staking perks. Shibarium: A layer-2 blockchain that aims to scale the network and reduce Ethereum gas fees. While it&#8217;s accurate that SHIB isn&#8217;t mined and operates as an ERC-20 token on the Ethereum blockchain, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism in September 2022 with the Ethereum 2.0 upgrade. Therefore, Ethereum&#8217;s PoS mechanism currently validates SHIB transactions, providing both security and decentralization. Shiba Inu vs. Other Cryptos Compared to Dogecoin (DOGE), which relies on proof-of-work (PoW) mining, SHIB’s foundation on Ethereum allows it to interact with DeFi apps. And unlike Bitcoin’s capped supply of 21 million coins, SHIB had a huge initial supply, but ongoing burns are slowly shrinking the total circulation. The Role of Blockchain in Shiba Inu Thanks to Ethereum, SHIB benefits from strong security and decentralization. Albeit, Ethereum&#8217;s notorious high gas fees have been a pain point, leading to the development of Shibarium, which promises to cut down on those costs. Investing in Shiba Inu Is Shiba Inu a Good Investment? Judging by past market behavior, SHIB is a high-risk coin. It updived by over 1,000,000% in 2021, but prices have been all over the place since then. If you&#8217;re thinking of throwing in funds, make sure you understand the volatility and adjust your expectations accordingly. Key Considerations: Volatility: SHIB’s price is a rollercoaster, so be ready for some ups and downs. Market Sentiment: The bearish mood right now could lead to short-term losses. Pros: A strong community (ShibaArmy), DeFi use cases, and an expanding ecosystem. Cons: Huge price swings, meme-coin status, and uncertain long-term utility. Investment Strategies &amp; Best Practices Long-Term Holding (HODL): For those who believe SHIB’s price could rise as adoption grows. Short-Term Trading: For risk-takers who want to capitalize on price swings (but it’s not for the faint-hearted). Staking &amp; Yield Farming: You can stake your SHIB on ShibaSwap for passive income. Long-Term vs. Short-Term Holding Long-Term Investment: Hold on to SHIB and hope for mass adoption down the road. Short-Term Trading: Expect volatility, but potential high-reward opportunities for experienced traders. Legal &amp; Regulatory Considerations SHIB operates in a bit of a grey area when it comes to regulations. It’s not classified as a security (yet), but new rules could pop up that might affect how it’s traded or taxed in the future. Keep an eye on regulatory changes if you plan to invest. How to Buy &amp; Trade Shiba Inu How to Buy Shiba Inu? Ready to invest? Here’s how to buy SHIB: Choose an exchange (Binance, Coinbase, Kraken, etc.). Set up your account and verify your identity. Deposit funds (via bank transfer, credit card, or even another crypto). Buy SHIB directly on the exchange. Store your SHIB safely in a wallet (more on that below). Best Exchanges to Trade Shiba Inu Binance: A top choice for liquidity and lots of trading pairs. Coinbase: Great for beginners with its simple, user-friendly interface. Kraken: Known for strong security features. Gemini Transaction Fees &amp; Trading Costs Fees vary depending on the exchange. Binance charges about 0.1% per trade, while Coinbase is a bit pricier. Don&#8217;t forget about Ethereum’s gas fees if you’re transferring SHIB to another wallet! Shiba Inu Wallets &amp; Security Best Wallets for Shiba Inu Hot Wallets (Online): MetaMask, Trust Wallet (convenient but less secure). Cold Wallets (Offline): Ledger, Trezor (best for long-term storage and security). How to Secure Your Shiba Inu Holdings Use 2FA (Two-Factor Authentication) on exchange accounts. Store large holdings in cold wallets. Be wary of phishing scams—always verify URLs before connecting your wallet. Custodial vs. Non-Custodial Wallets Custodial wallets (like exchange wallets) manage your private keys for you. Non-custodial wallets give you full control of your assets. Shiba Inu Adoption &amp; Use Cases Key Partnerships &amp; Integrations ShibaSwap: The DEX that allows for staking and liquidity provision. BitPay: Some businesses now accept SHIB payments. Shibarium: The layer-2 network that helps scale the ecosystem and lower fees. Adoption in Global Markets SHIB has made some headway in the real world, with certain merchants and crypto platforms accepting it. Plus, NFTs like Shiboshis are part of the growing market. This statement is accurate. On February 4, 2025, the UAE&#8217;s Ministry of Energy and Infrastructure (MoEI) announced a partnership with Shiba Inu to advance digital transformation by integrating blockchain solutions across public services, aiming to enhance transparency and efficiency. Innovations in the Ecosystem Shibarium aims to bring more efficiency to the network, cutting down gas fees. The DeFi ecosystem is expanding, and decentralized apps (dApps) are being built within this space. Final Thoughts on Shiba Inu (SHIB) Future Outlook &amp; Growth Potential The future of SHIB depends on a few things: Adoption and real-world utility. The success of Shibarium in reducing transaction costs. Ongoing community engagement. Pros &amp; Cons of Investing in Shiba Inu Pros: A dedicated and passionate community (ShibaArmy). Ecosystem growth with DeFi and NFTs. Potential for gains during bullish market trends. Cons: Volatility and unpredictable price moves. Meme-coin status could hinder long-term utility. Dependence on Ethereum’s network for transactions. Community &amp; Developer Support The Shiba Inu community is massive and growing, with active development on projects like ShibaSwap, Shibarium, and the NFT space. Is Now the Right Time to Invest in Shiba Inu? The current sentiment in the Shiba Inu market leans bearish, with indicators suggesting a potential decline in price over the coming months. Market conditions reflect heightened caution, as fear levels remain significantly elevated. Despite the downturn, there are still opportunities for short-term gains. Cryptocurrency price predictions vary widely, with some sources forecasting notable growth while others project more modest increases. Given this unpredictability, it’s crucial to approach such forecasts with skepticism—crypto markets are notorious for their volatility, making precise timing a challenge, especially for less experienced investors. Looking further ahead, price estimates for SHIB indicate a broad range of potential outcomes. While some projections suggest substantial returns in the future, it’s important to remember that these figures are speculative, and the market can shift rapidly in either direction. For those who believe in the long-term prospects of the Shiba Inu ecosystem, including developments in blockchain technology and decentralized finance, there may be growth potential. However, as with any crypto investment, uncertainty remains a key factor. So, is now the right time to invest? That depends on your risk tolerance. If you’re new to the space or prefer lower-risk investments, waiting for more stable conditions may be wise. On the other hand, if you have a high-risk appetite and a strong belief in SHIB’s future, there could be opportunities—just be prepared for the inherent volatility of the market. Whether considering an entry point or expanding an existing position, it’s essential to stay informed, manage risk carefully, and be ready for market fluctuations. Crypto investing requires patience, strategy, and an understanding of the unpredictable nature of digital assets. FAQs 1. What is Shiba Inu? Shiba Inu is an Ethereum-based cryptocurrency that started as a meme coin but has expanded to include DeFi and NFTs. 2. How does Shiba Inu work? SHIB operates on Ethereum’s blockchain and uses a decentralized exchange (ShibaSwap) and a layer-2 blockchain (Shibarium). 3. Is Shiba Inu a good investment? SHIB has high volatility, with potential for big swings, so it’s a high-risk investment. 4. How can I invest in Shiba Inu? Buy SHIB on exchanges like Binance, Coinbase, and Kraken, then store it in a secure wallet. 5. Where can I trade Shiba Inu? You can trade SHIB on Binance, Coinbase, Kraken, and Gemini. 6. How do Shiba Inu transaction fees work? Fees vary by exchange, and Ethereum’s gas fees also apply when transferring SHIB. 7. What are the best wallets for Shiba Inu? MetaMask and Trust Wallet are popular hot wallets, while Ledger and Trezor are cold wallets for better security. 8. What is Shiba Inu’s future potential? SHIB’s future depends on adoption, Shibarium’s success, and ongoing community support. 9. What are the risks of investing in Shiba Inu? Risks include high volatility, meme-coin status, and reliance on Ethereum for transactions. 10. Is now the right time to invest in Shiba Inu? The market is currently bearish, so caution is advised, but there may be opportunities for high-risk investors. SHIB Price Prediction SHIB News

Obike Favour

Obike Favour is a crypto news reporter who  is also interested in digital marketing and writing.

As an introvert, she spends most of her time surfing the Internet for new ideas that will help her succeed in the digital world.

SHIB investor starts moving his funds after he made $5.7 billion from an $8,000 SHIB purchase after holding for nearly 400 days.

$5 Billion SHIB Holder Has Started Moving Their Funds

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Bitcoin is the first decentralized digital asset, unveiled by a mystery man “Satoshi Nakamoto” in the year 2008. But the use of Bitcoin as a digital currency in the crypto market began in the year 2009, which aims to provide decentralized monetization, secure and transparent transactions without any intermediaries like banks and  government. How Does Bitcoin Work? Bitcoin aims to operate without any influence of third-party financial systems or government authorities. Hence, this network uses an open-source program that chains transaction histories to prevent online data theft.   Bitcoin and Other Cryptocurrencies  Not every crypto project is the same. Each project has a unique identity, functionalities, and more. Likewise, Bitcoin, the king of the crypto world, differs from other cryptocurrencies in many different ways. From core features, origin, economic principles, and dominance in the marketplace Bitcoin has many unique potential features. As a result, Bitcoin remains at the center stage. Technology Behind Bitcoin The sole success of Bitcoin is its innovative protocol, enabling secure and transparent transactions.   Role of blockchain The blockchain is a distributed public ledger where every transaction history of Bitcoin will be stored. If a trader initiates a transaction, it will be signed with a secure digital signature and broadcast as a message to the miners network. Crypto miners listen to the broadcast message, process computational work, and bundle the messages into a block. When a miner constructs these blocks, it broadcasts back to the mainstreaming network, where Bitcoin nodes verify its validity. Once verified, the blocks will be added to the blockchain and become part of an immutable ledger shared across the finance world. This makes Bitcoin a peer-to-peer system.  Is Bitcoin a Good Investment? Beyond learning about Bitcoin&#8217;s basics, investors should consider the risks involved with investing in it. Because Bitcoin is the most risky investment with high volatility in the marketplace. So, if you are ready to accept a high-risk tolerance and afford to lose some or all of your investment, you can go with Bitcoin&#8217;s BTC. But we suggest the investors to always keep a diversified portfolio to reduce overall risk exposure associated with Bitcoin investment.  Bitcoin Investment Strategies Investing in top dominants like Bitcoin, involves certain hurdles. Hence, investors should follow the core principles as investment strategies to make an informed decision. Never invest more when you cannot afford the loss. Research and find the fundamental capabilities Use Safe Storage Understand the technology in depth Pay attention to crypto regulations  Research and analyse market trends using technical indicators like MACD and RSI on the daily chart.  Stay updated with the latest market trends and crypto news Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced &#8220;US Crypto Strategic Reserve,&#8221; which integrates top cryptocurrencies like Bitcoin, Ethereum, and more. Following his announcement, in the last 24 hours Bitcoin price reclaimed 10%, reaching a high of $94939.23. Besides, it paves a way to contribute a $300 billion rally in the global market. How to Buy and Trade Bitcoin? Investing in Bitcoin seems complicated, but with the right investment strategies and techniques, you can win over it. But how do we buy or trade Bitcoin? Here we go. How to Buy Bitcoin? The best way to purchase Bitcoin rather than mining is by creating a reputable account on the regulated crypto exchange, fund it, and make a purchase. There are four ways to buy Bitcoin Bitcoin.com wallet app Bitcoin.com website Centralized exchanges like Gemini Payment processors like Paypal Other alternative ways are Bitcoin ATMs, P2P exchanges, and Mainstream Brokerages.  How to Trade Bitcoin?  Investors can sell or trade their BTC assets in the same crypto exchanges where the crypto assets are being purchased. However, some crypto exchanges charge a percent of the sale amount as a fee. One such exchange is Coinbase. It charges transaction fees when a trader cashes out their crypto, depending on their selected payment options. Some exchange platforms generally have a daily or monthly withdrawal limit, while others don&#8217;t. Binance, Coinbase, OKX, Bybit, Bitget, KuCoin, and more are some of the best exchanges for you to trade Bitcoin. Bitcoin Wallets and Security Privacy and security are the two keys a Bitcoin trader should consider when using Bitcoin Wallets. Investors who gain the private key should hold it securely. In case if you don&#8217;t have your private key, then you may lose access and control to your Bitcoin permanently.  We all know Bitcoin is the most traded cryptocurrency in the crypto world. Hence, a secure wallet is essential to send, receive, and store Bitcoin safely. But how do we choose?Bitcoin Wallets can be found in the forms of hardware devices, and mobile wallets are paper wallets. Each wallet type has a different security enhancement.  How to Secure Your Bitcoin Holdings? Have you ever heard of Hot and Cold Wallets in the digital economy? It&#8217;s hard to determine which wallet will be the best Bitcoin wallet for all-level traders, because specific features and security options define what will work for an individual trader. Therefore, choosing the right BTC wallet involves considerable types. Hot Wallet Vs. Cold Wallet A Hot Wallet is a “Software Wallet” where crypto investors and traders can easily manage their stored assets. Bitcoin&#8217;s Hot wallets can be accessible in the form of Mobile wallets, Web wallets, Desktop wallets, custodial hot wallets, and non-custodial hot wallets. Whereas, Cold Wallet is a “Hardware Wallet” where crypto investors and  traders can store their private key in the offline mode in order to prevent online threats like hacking. Cold wallets can be found in the form of hardware devices, paper wallets, custodial wallets, and non-custodial wallets. Custodial Vs. Non-Custodial Wallets In the custodial wallet, a third-party intermediary like crypto exchanges might hold your private keys and control access to your Bitcoin. In a non-custodial wallet, users control their private keys and manage to secure Bitcoin. Bitcoin Adoption and Use Cases As Bitcoin is the top leader in the crypto economy, businesses and leading enterprises are using Bitcoin as their primary asset in the global market. Hence, it consistently gains more traction. Furthermore, the key factor behind its success was  partnerships and integrations with top organizations like: the Bitcoin Foundation, Blockstream, Coinbase, Binance, the Chamber of Digital Commerce, Microsoft, and more. Further, the heightened importance of Bitcoin in the finance world may play a crucial role in contributing to adopting BTC. So, let&#8217;s find the factors that lead to Bitcoin adoption in the global crypto market.  Factors that lead Bitcoin Adoption Since its emergence, Bitcoin has been experiencing a remarkable journey in the crypto market. In 2025, Bitcoin will be gaining more attention among traders than ever. Some of the critical factors are: Rising Institutional Adoption: The participation of diverse institutions in the Bitcoin market is one main reason for its higher adoption in the finance market.  Changes in cryptocurrency regulations: The legal and regulatory framework is another considerable factor driving Bitcoin adoption in the global market.  Bitcoin&#8217;s revolutionary power: Decentralization, scarcity, economic hedge, integration, and immutable nature are the key attributes leading to its popularity and adoption.  Rising uncertainty in the finance world: The crypto market is generally volatile. Hence, the market sentiment remains unpredictable and uncertain. As a result, investors and market participants may shift their attention to Bitcoin. Advancement in Technology: In 2025, crypto enthusiasts are anticipating that Bitcoin might bring advancement to its elements like scalability, privacy, and more. Further, the integration of some new technologies might boost its viability in the future. Bitcoin&#8217;s Future Outlook &amp; Growth Potential Based on increased institutional adoptions, the US Strategic reserve, and crypto regulatory frameworks, Bitcoin is anticipated to exhibit significant growth by the end of 2025. As countries like Bhutan and El Salvador are increasing their participation in the crypto market, hedging against inflation, and diversifying wealth, which could lead to Bitcoin becoming a big shot in the marketplace. As a positive outlook, the mass adoption and innovative frameworks demonstrate that Bitcoin will be a highly future-scope investment.  Pros and Cons of Investing in Bitcoin  Pros Security Decentralized Protection from inflation  Transparency Cons High Volatility Risk of data loss Lack of Government regulations Final Thoughts In the modern age, Bitcoin is one of the technological breakthroughs and the most remarkable invention. As it positions as a top ranker in the marketplace, this digital currency faces potential challenges from other dominators like Ethereum, Ripple, and more. Yet, Bitcoin outperforms other assets. Based on today&#8217;s market activity, Bitcoin is projecting an upward trajectory and attempting to break the $94,939.23 resistance to reclaim its Bullish sentiment. So, investing in Bitcoin at the moment could be a good choice. But if you&#8217;re still doubting whether to invest in it, keep monitoring the price action and make an informed decision. As crypto investment involves critical risks, we recommend that our readers do deep research before investing in digital assets. FAQs 1. What is Bitcoin (BTC)? Bitcoin is the first decentralized blockchain that allows end-to-end BTC transactions without the involvement of third-party intermediaries like banks or governments.  2. What is Bitcoin Mining? Bitcoin Mining is the process of validating transactions and adding new blocks to the blockchain. Bitcoin Miners compete to solve complex mathematical problems with the proof-of-work mechanism to validate blocks and earn mining rewards.  3. Is Bitcoin Mining taxable? Yes. The IRS taxes some amount as an income that users receive from their mining process based on the fair market value on the day of receiving their mining rewards.  4. How to start Bitcoin Mining? Bitcoin mining can be processed by the following steps: Select an appropriate hardware  Install and configure mining software Join a mining pool SetUp Bitcoin Wallet  5. What are the Mining strategies of Bitcoin? To mine Bitcoin, users need to follow any of the following strategies as a primary component: Solo Mining &#8211; An independent attempt to solve Bitcoin Blocks. Pool Mining &#8211; It is a combined mining process where the computational power of multiple Bitcoin miners are used to solve the blocks. Cloud Mining &#8211; This allows users to purchase mining contracts from the companies that manage the hardware and mining operations.  6. What is a Bitcoin Wallet?  A Bitcoin Wallet is a digital wallet where users can store their crypto assets like Bitcoin, XRP or Ethereum. It not only holds your digital currencies but also secures them with unique private keys and can be used to access processes like sending and receiving.  7. What are the different types of Bitcoin wallets? Desktop Wallet &#8211; This software is installed on a computer and offers high security.  Hardware Wallet &#8211; Physical devices where users can store their private keys offline, offering high security.  Mobile Wallet &#8211; It is a mobile application convenient for everyday transactions.  Paper Wallet &#8211; It is a printed QR code containing private keys that offers offline storage. Web Wallet &#8211; This is an online storage system where users can manage Bitcoin but rely on third-party servers.  8. What are the regulatory challenges of Bitcoin? In the current crypto market, Bitcoin faces various regulatory challenges, including: Know-your-customer (KYC)  Taxation  Consumer protection Anti-money laundering (AML) Financial Stability  9. How can Bitcoins be used in the real world? As we live in digital era, Bitcoin can be purposefully used for  digital transactions like: Online Shopping  Paying for goods and services  Sending money internationally  Investment landscapes 10. Is Bitcoin Legal or Illegal? In many developed countries, the United States, Canada, and the U.K., the use of Bitcoin is legal. However, countries like China, Saudi Arabia, Bolivia, and Pakistan have banned it. 

Lele Jima

Lele Jima is a writer by heart and a crypto enthusiast. He has been a writer for over two years.  So far, he has written on topics that cut across various industries ranging from fintech to ICT.  He hopes his words bring the desired change we crave for, which is to make the world a better place.  His pen is his might, and the sky, his starting point.

The definition of Shitcoiner has been approved by Urban Dictionary, a leading online dictionary for slang and phrases.

Ridiculous "Shitcoiner" Definition Approved in Urban Dictionary 

Ridiculous &#8220;Shitcoiner&#8221; Definition Approved in Urban Dictionary 

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Solana is one of the cryptocurrencies designed to work similar to Ethereum which hosts decentralized and scalable applications. It is an open-source network initially proposed by Anatoly Yakovenko in the year 2017. Later, in March 2020, San Francisco-based Solana Labs officially launched Solana as one of the digital assets in the crypto market. How Does Solana Work? Based on current market sentiment, today, Solana has set its stage in the crypto world, ranking as the 11th largest crypto coin in market capitalization. As a beginner, you might be wondering how Solana works. Here we go. Every blockchain functions in its unique way, and Solana is no exception. This unique blockchain can be operated on a decentralized computer network, which aims to manage databases, track the currency, and effectively record each transaction to verify the data&#8217;s integrity. Without any intermediaries, this decentralized network calls itself the fastest blockchain in the crypto world as it verifies over 65000 transactions per second at low-cost fees.  Solana Vs. Ethereum As Solana was designed to work similarly to Ethereum, this rapidly evolving crypto asset is frequently known as Ethereum killer. Ethereum, the king of the Smart contract platforms, has dominated the decentralized application (dApp) for several years. However, after Solana&#8217;s emergence, market participants suspect SOL as a formidable competitor of ETH. Because Solana boasts multiple speedy transactions per second, Ethereum&#8217;s Proof-of-Work mechanism limits its capacity to around 15 transactions per second. SOL Vs. ETH Technical Perspectives Solana employs Proof-of-Stake (PoS) and Proof-of-History (PoH) mechanisms.  Ethereum employs a Proof-of-Stake mechanism, which makes ETH expensive. This PoS mechanism allows users to create and build decentralized applications by leveraging smart contracts.  Solana&#8217;s Technology The heart of Solana is its innovative blockchain technology, built with a blend of delegates&#8217; Proof-of-Stake and Proof-of-History consensus mechanisms. Solana uses these consensus models to remove the performance bottlenecks caused by blockchain software, making the Solana ecosystem more scalable, secure, and decentralized.  PoS &#8211; This consensus model allows validators to verify transactions PoH &#8211; This consensus model permits the verified transactions to be time-stamped, contributing to speedy performance.  Is Solana a Good Investment in 2025? As you have gained basic knowledge of Solana, you might be puzzled whether Solana is a good investment. Right? Undoubtedly, Solana is one of the fast-growing ecosystems offering incredible speedy transactions at low-cost fees. Experts predict that Solana prices could grow consistently and hover around $750 by the end of 2025. Hence, investing in Solana&#8217;s (SOL) has strong potential growth in the future. Like other digital assets, Solana has its riskiness. From centralization concerns to crypto regulatory challenges, several causes could affect its progress. Always be sure to accept the riskiness involved in any asset before investing. Solana&#8217;s Investment Strategies Are you planning to invest in Solana? Then, a sound investment strategy is crucial. Here are a few essential factors you should consider before investing in SOL.  Deep Market Research: The foremost thing you should do is do deep research to understand Solana&#8217;s blockchain, market sentiment, and potential risks and rewards  Set Funding Goal: Determine the fund you are ready to afford your losses. Diversify Crypto Portfolio: To mitigate risks, it is always a good idea to invest in different assets instead of a single token. Dollar-Cost Averaging: Traders should invest a fixed price regularly. Because this strategy might help you navigate during market volatility.   Secure Wallet: Use a reputable wallet to store your assets and prevent them from being hacked.  Solana&#8217;s Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced the creation of a &#8220;Strategic Crypto Reserve&#8221; for the top-leading tokens like Solana. Further, on February 28, 2025, CME Group unveiled that they plan to roll out future contracts on the Solana network on March 17. If the US Securities and Exchange Commission approves this regulatory framework, Solana could reach a new high in the upcoming days. How to Buy and Trade Solana? In recent market volatility, Solana has rapidly gained popularity among traders as it leads the blockchain platform in the crypto world with high-speed and low-cost transactions. Hence, many newbies and long-term traders are looking to invest in it. So, do we buy or trade Solana&#8217;s SOL? Let&#8217;s delve into finding the best way to invest and trade SOL. How to Buy Solana? To buy Solana, it is essential to sign up for a reputable account on the regulated crypto exchange and fund it to buy Solana&#8217;s SOL. Some of the conventional platforms to purchase Solana are: Robinhood Revolut eToro Binance Jupiter Orca How to Trade Solana?  The first step to trading Solana is to create an account on a secure Solana wallet on Phantom, Sollet, and more. These types of wallets allow traders to send, receive, and store your crypto assets more safely. The next step is connecting it with DEX and start trading. Best Exchanges to Trade Solana There are two types of exchanges available on the market for trading: Centralized and Decentralized exchanges.  Centralized Exchanges Don&#8217;t have a Solana Wallet yet? The best places to buy and sell SOL on the centralized exchanges are: Binance Coinbase Kraken Robinhood Revolut  eToro Decentralized Exchanges Some of the decentralized crypto wallets that traders can use to buy and sell Solana are: Raydium Orca Jupiter  Solana&#8217;s Transaction Fees Upon Trading One of the most significant aspects that attracts investors&#8217; attention to Solana is its low transaction fees. On average, a single SOL transaction costs about $0.00025. Who pays the transaction fees? Traders who initiate a SOL transaction should pay the transaction fees. Solana Wallets and Security Choosing the best Solana Wallet is always essential when looking to securely manage the SOL tokens engaged with the Solana ecosystem. With Software or Hot wallets, users can store their private keys and seed phrases online to prevent security risks like hacking and unauthorized access. On the other hand, some traders and crypto investors prioritize self-custody or hardware wallets to generate private keys in secure chips and store them offline, ensuring secure asset management. Some of the Hardware wallets that support Solana SOL are: Ledger Flex  Ledger Stax Ledger Nano S Plus Trezor Tangem Some of the Software Wallets that support Solana SOL are: Phantom Exodus Solflare MetaMask Atomic How to Secure Solana Holdings? Every investor seeks to secure the crypto assets in their wallet to avoid getting drained by hackers. How? Choose the Wallet type: Browser, Mobile, Desktop, or Hardware. Get the respective wallet form from the official source. Create a wallet account with the Solana wallet address. Back up your Private key and seed phrases. Fund the wallet. Start purchasing and trading SOL. Solana Adoption and Use Cases Solana is used by various decentralized applications (dApps) across multiple web3 sectors. Furthermore, Solana&#8217;s SOL is becoming more potent in the NFT market, enabling efficient minting and sales of digital arts. As the gaming industry is the next-generation digital economy, many gamers look for speedy, scalable, and secure infrastructure in the online world. With high speed and scalability, Solana supports decentralized gamings built on its blockchain network.  Solana&#8217;s Future Outlook and Potential Growth Based on the Solana price analysis, Solana&#8217;s current market activity projects a bearish sentiment in the marketplace. But that&#8217;s not a red flag for its future potential. As of now, Solana is attempting to swing upside to break the key resistance. If it succeeds in its attempt, Solana could encounter bullish momentum and reach a new high in the upcoming days.  Pros and Cons of Investing in Solana Pros Scalability Low transaction fees Fast transaction fees Rapid economic growth Cons Complexity Security risks Network outages Legal and regulatory concerns Final Thoughts  Whether you are a skilled professional or a beginner at Solana, this detailed outlook might have provided valuable insights. Based on today&#8217;s market analysis, Solana is projecting a bearish momentum. But if it breaks the key resistance and climbs upward, SOL could encounter an upward price trajectory that leads to a new high. Keep monitoring the key levels to find its next move and invest accordingly. Since the crypto investment involves risks of losing your fund, we suggest doing a market analysis with technical indicators on the daily chart to determine the right time to invest in Solana.  FAQs 1. What is Solana? Solana is one of the open-source blockchains which hosts decentralized applications (dApps), scalable smart contracts, and non-fungible tokens (NFTs).  2. What is the Consensus mechanism? A consensus mechanism is a system of nodes which is programmed to achieve distributed agreements, trust, and security across decentralized computer networks. In the blockchain network, the Consensus mechanism validates transactions and builds trust among traders.  3. What consensus does Solana use? Solana employs a Proof-of-Stake consensus algorithm with a unique Proof-of-History feature. It enables fast, cost-effective, high-throughput transactions with low latency within the ecosystem.  4. What is Proof-of-History Protocol? Proof-of-history is a cryptographic protocol that creates a historical record to prove the existence of data at a specific time frame.  5. How fast are Solana Transactions? Compared to other blockchains, Solana is one of the fastest blockchains in the crypto world. With its consensus algorithm, this unique blockchain can handle 65000 transactions per second.  6. What is the role of SOL in the Solana Ecosystem? The native cryptocurrency of Solana is SOL. Primarily, SOL can be used in the Solana Ecosystem for the major reasons like  Multiple transactions Secure Staking Participating in Governance decisions.  7. Can Solana&#8217;s SOL be used to buy NFTs Yes. Solana&#8217;s SOL supports users in buying and creating non-fungible tokens (NFTs). You can purchase NFTs as follows Buy SOL on a reputable crypto exchange, like Binance or Coinbase Transfer SOL to a wallet that&#8217;s compatible with Solana Network Navigate to the Solana NFT marketplace Purchase the NFTs 8. What is the use of Solana in real life? Solana can be ideal for real-time allocations like: Games Financial Services Creating Decentralized Autonomous Organizations  9. Can Solana be used for cross-border payments? Obviously, Yes. Since Solana&#8217;s blockchain offers high-speed and charges low transaction fees, Solana is one of the suitable networks for accessing cross-border payments.  10. Which Wallets support Solana? Solana&#8217;s SOL can be exchanged, staked, and stored in the Wallets like: Desktop Wallets, Mobile Wallets, and Hardware Wallets. Some of the most trustable wallets are: Ledger Phantom  Solfare Trust Wallet  Nano X SOL Price Prediction SOL News

Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

Saber Labs, a Solana-based cross-chain exchange for swapping stablecoins, has raised $7.7 million in a recently completed seed funding round.

Saber Labs Raised $7.7M In A Seed Funding Round

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Altcoin News

All the latest altcoin news from the crypto market. We provide altcoin daily news covering Ethereum, Solana, Litecoin, and more.

Cardano (ticker: ADA), aside being a cryptocurrency, is a research-backed, methodically developed blockchain that aims to solve some of the biggest problems in the crypto space. Founded in 2015 by Charles Hoskinson, one of Ethereum’s co-founders, Cardano was built with a vision to create a blockchain that balances security, scalability, and sustainability.  Unlike many projects that launch first and figure out the details later, Cardano took the academic route—peer-reviewed research, rigorous testing, and well-planned upgrades. How Does Cardano Work? At the very center of Cardano operations is a dual-layer architecture, which sets it apart from many competitors: Settlement Layer – This is where transactions happen. If you send ADA to someone, it gets processed here, ensuring speed and security. Computation Layer – This is where smart contracts and decentralized applications (dApps) come to life. This separation of layers helps keep the network efficient and adaptable. Cardano uses Ouroboros, a proof-of-stake (PoS) consensus mechanism that is far more energy-efficient than BTC’s proof-of-work system. Instead of massive energy consuming mining farms, ADA holders can stake their tokens to help secure the network and earn rewards—an approach that&#8217;s better for both your wallet and our planet. ADA vs. Other Cryptos: How Does It Measure Up? Every blockchain has its strengths and weak spots. Here’s where Cardano stands out: Energy Efficiency – Thanks to Ouroboros, Cardano consumes far less power than BTC or Ether (pre-Merge). Scalability – While Ethereum has been known to crawl when demand updives, Cardano’s methodical upgrades aim to keep transactions smooth and fees low. Scientific Approach – Unlike some projects that evolve chaotically, Cardano’s roadmap is backed by peer-reviewed research, which gives it a layer of credibility. That said, Cardano has faced criticism for moving too slowly. While its methodical approach is great for security and stability, the fast-moving crypto world doesn’t always wait around. The Role of Blockchain in Cardano  Blockchain is the backbone of ADA, ensuring things are transparent and decentralized. Every transaction, smart contract, or dApp built on Cardano runs on a secure and immutable ledger. One peculiar feature is Cardano’s EUTXO (Extended Unspent Transaction Output) model, which improves transaction efficiency and enables better smart contract execution. Investing in Cardano Is ADA a Good Investment? Like all crypto investments, ADA has its ups and downs. Let’s break it down: Pros: Innovative technology – The layered structure and PoS mechanism make it a strong contender in the blockchain race. Active development – Constant upgrades and partnerships signal a long-term vision. Growing adoption – Cardano is securing real-world partnerships that give it utility beyond speculation. ADA was recently named by President Donald Trump as one of cryptos that could be added to the Strategic Reserve. Cons: Slow development – The deliberate, research-heavy approach means new features take time. Market volatility – ADA’s price movements can be dramatic, like most cryptocurrencies. Investment Strategies &amp; Best Practices Thinking about adding ADA to your portfolio? Here’s how to approach it: Diversify – Don’t go all in on one coin. Even the most promising projects come with risks. Stay Updated – Follow Cardano’s roadmap and ecosystem updates. Knowledge is power. Risk Management – Only invest what you can afford to lose. Crypto can be a rollercoaster ride. Long-Term vs. Short-Term Holding HOLDLers believe in Cardano’s vision and are willing to wait for its roadmap to unfold. Short-term traders aim to profit from price swings, capitalizing on ADA’s volatility. Neither approach is better in itself—it all depends on your risk appetite and investment goals. Legal &amp; Regulatory Considerations Regulation is one of the biggest drawbacks to crypto. The SEC under former Chair Gary Gensler and other regulatory bodies have scrutinized various cryptocurrencies to determine if they qualify as securities until the present administration. While Cardano has largely avoided legal trouble, the evolving regulatory landscape could still impact its future. If you are investing in ADA, keep an eye on compliance requirements in your country. How to Buy &amp; Trade Cardano How to Buy Cardano Getting your hands on ADA is straightforward: Pick a Crypto Exchange – Popular options include Binance, Coinbase, Gemini and Kraken. Create an Account – Expect to go through a verification process (KYC) on most platforms with a valid ID. Deposit Funds – You can fund your account using fiat (USD, EUR, etc.) or another cryptocurrency. Buy ADA – Place a market, or limit order, depending on your strategy. Best Exchanges to Trade Cardano Not all exchanges are the same. Here are some of the best for ADA trading: Binance – High liquidity and a variety of trading pairs. Coinbase – A user-friendly option for beginners. Kraken – Strong security features and decent fees. Transaction Fees &amp; Trading Costs Different platforms charge different fees. Typical costs include: Trading Fees – A small percentage of each transaction. Withdrawal Fees – Charged when transferring ADA from an exchange to an external wallet. Cardano Wallets &amp; Security Best Wallets for Cardano For safekeeping, consider one of these wallets: Daedalus – A full-node wallet offering complete control. Yoroi – A lightweight wallet ideal for quick transactions. Ledger Nano S/X – A hardware wallet for maximum security. How to Secure Your ADA Holdings Enable Two-Factor Authentication (2FA) – Extra security for exchange accounts. Beware of Scams – Double-check URLs and avoid suspicious messages. Keep Private Keys Offline – Store them safely to prevent hacks. Custodial vs. Non-Custodial Wallets Custodial wallets store your keys for you, but you’re trusting a third party. Non-custodial wallets give you full control but require responsible management. Cardano Adoption &amp; Use Cases Key Partnerships &amp; Integrations Cardano isn’t just theoretical—it’s forming real-world partnerships. Here are some: Ethiopian Ministry of Education – Blockchain-based student ID system. Dish Network – Exploring blockchain applications in telecom. World Mobile – Decentralized mobile network services. New Balance – Using Cardano for product authentication. Adoption in Global Markets Cardano’s presence is expanding: Africa – Driving financial inclusion with blockchain-based identity solutions. Europe &amp; North America – Growing institutional interest. Asia &amp; Latin America – Emerging use cases in remittances and DeFi. Innovations in the Ecosystem Alonzo Upgrade – Smart contracts and DeFi capabilities. Hydra Scaling – Faster transactions, lower fees. Midnight Sidechain – Privacy-focused enterprise solutions. Closing Thoughts on Cardano Future Outlook &amp; Growth Potential Cardano’s development is ongoing, with promising updates on the horizon. Scalability improvements, regulatory clarity, and expanding adoption could shape its future. Below are the pros &amp; cons of Investing in ADA  Pros: Strong technology and research foundation. Energy-efficient and scalable. Growing partnerships and real-world use cases. Cons Slower development compared to rivals. Regulatory uncertainties could impact adoption. Still proving itself in the DeFi space. Is Now the Right Time to Invest in Cardano? That depends on your investment strategy. If you are looking for a quick flip, ADA’s short-term projections show only slight gains, with a potential 0.61% ROI by March 6, 2025 and 0.87% growth by March 10. Not exactly life-changing. However, the mid-to-long-term outlook is much stronger. ADA is expected to break past $1 by April 2025, and if the current market momentum holds, prices could reach as high as $1.77 in August 2025. That’s a potential 83.50% return compared to today’s price. Another factor to consider is market sentiment. While technical indicators currently show a bullish trend, the Fear &amp; Greed Index is sitting at &#8220;Extreme Fear&#8221; (20). Historically, extreme fear in the crypto market has been a buying opportunity—when sentiment flips, the upside potential can be significant. So, is now the right time to buy into ADA? If you are the buy-and-hold type, accumulating ADA at current prices could be a smart move. But if you are more of a take-profit trader, it may be worth waiting for a clearer trend reversal before making a move. FAQs 1. What is Cardano? Cardano is a blockchain built for security, scalability, and sustainability, created by Charles Hoskinson in 2015. 2. How does Cardano work? Cardano uses a dual-layer architecture with a proof-of-stake consensus mechanism to process transactions and run smart contracts. 3. Is ADA a good investment? ADA has long-term potential but comes with volatility; it could see steady growth over time. 4. How can I invest in Cardano? Buy ADA on exchanges like Binance, Coinbase, and Kraken, then store it in a secure wallet. 5. Where can I trade Cardano? You can trade ADA on Binance, Coinbase, Kraken, and Gemini. 6. How do Cardano transaction fees work? Fees depend on the exchange; withdrawal fees apply when transferring ADA to a wallet. 7. What are the best wallets for Cardano? Daedalus, Yoroi, and Ledger Nano S/X are secure options for storing ADA. 8. What is Cardano’s future potential? Cardano’s future looks promising with scalability upgrades and real-world partnerships. 9. What are the risks of investing in Cardano? Risks include slow development, regulatory uncertainty, and competition in the DeFi space. 10. Is now the right time to invest in Cardano? If you’re a long-term investor, now might be a good time; short-term gains are expected to be modest.

Cardano

The last seven days were filled with mixed market sentiment as some alts attained a new all-time high while some sank. One such altcoin is Cardano. The last 24 hours saw ADA gain more than 15% as it climbed to an all-time high of $2.43. The coin also gained more than 50% in the last ... Read more

Mixed Market Sentiment Trails Altcoins As ADA Dethrones XRP

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Ethereum’s Vitalik Buterin begins selling SHIB and other dog-themed tokens. Find out the reasons behind the move and market impact...

BREAKING: Ethereum's Vitalik Buterin Starts Dumping SHIB and Other DOG Tokens

BREAKING: Ethereum&#8217;s Vitalik Buterin Starts Dumping SHIB and Other DOG Tokens

Vitalik Buterin Dumps SHIB & Other Dog Tokens – Here’s Why

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NFT News

DOGE

Dogecoin (DOGE) is a meme coin that is inspired by the Japanese dog Shiba Inu from the meme “Doge,” the dog name Kabosu image is on the coin. Elon Musk openly favors DOGE; the coins run on an open-source, peer-to-peer cryptocurrency created by software engineers Billy Markus and Jackson Palmer.  They created this space as a joke that later got fully transformed and adopted by the fans as a full-fledged coin. Dogecoin’s native token, DOGE, is a lighthearted and affordable alternative to traditional coins. It is a highly secure space that stores information as a public ledger maintained by the nodes.  This crypto was created in 2013 using a mining process similar to that of Bitcoin. The block time of DOGE is one and a half minutes as compared to Bitcoin; 10 minutes is less. In 2017, Dogecoin&#8217;s value surged very high, and in 2021, Elon Musk started openly supporting the crypto by tweeting it on X. DOGE runs on its blockchain, offering a highly secure environment. It is an independent network offering fast and low-cost transactions. Since transactions on this blockchain are public, using a hardware wallet would be beneficial as it keeps your address anonymous. Investing in Dogecoin If you are looking to invest in Dogecoin, then you need to have full confidence in the project and its potential. It is very clear that billionaire Elon Musk openly supports this crypto, which is also one of the reasons for its widespread adoption and massive market cap of $28.69 billion as of March 3, 2025.  Investment Strategies &amp; Best Practices for DOGE Investment strategy for DOGE investment should be crafted wisely because this crypto has a very unique value proposition in the world of crypto. Big influencers and public figures do back this crypto, making it surge to $0.1943 at the time of writing from its price of $0.00026 as of January 7, 2025, at the time of its launch.  The Dogecoin price is driven by its supply and demand; according to the Forbes data during the Trump winning election, it outperformed Bitcoin due to reduced regulatory uncertainty. DOGE nearly surged over 16.7% during that month of November 2024. The same month, the coin moved to 7th position on the listing on CoinMarketCap Ranking.  Long-Term Holding for Dogecoin There are several factors that influence a coin price, such as crypto regulation, adoption, investor interests, whales investment, and community support. So before making any investment in DOGE, it is best to stay updated with the latest market trends and scenarios.  Ryan Lee, chief analyst at Bitget Research, according to Forbes notes that historically, Dogecoin (DOGE) has celebrity support, and as you have entered into 2025 investors optimism is increasing, which could lead the DOGE to break the market of $1, which will be driven by its strong DOGE community.  This analyst suggests that the price of Dogecoin will be between $0.2777 and $0.3337, with an average of $0.2856 in 2025. And according to Binance forecast, if the crypto rose by 5%, then in 2028 the crypto will reach $0.224838, and by 2030, the price will reach around $0.247884, showing bullish sentiment. Now considering these long-term price predictions, the crypto does reflect bullish trends; however, these are just predictions that may change as the market is highly unpredictable and new regulations and events influence a crypto price hugely. So before making any long-term investment, make sure to keep yourself updated with the current market scenario and take an entry point during the time of dips.  The things you can remember as a long-term investor are: don&#8217;t panic sell, choose a good wallet, and make sure to keep an eye on market volatility. Try to understand more about the DOGE market cycle by joining its community accounts on social media to gain more insight into the crypto and the latest updates.  Short-Term Holding for Dogecoin If you are a short-term holder or investor, you need a strong investment strategy that encompasses a good risk management factor. Dogecoin is highly influenced by hype, social media trends, and celebrity endorsements, so keeping an update on these and then making entries during dips will be beneficial. However, vigilant monitoring of price is required to prevent losses and hunt down the support and resistance levels to determine potential entry and exit points. Get the knowledge on how to use technical indicators and find the best one for yourself.  Start by learning how to read charts with frequent price swings, such as the recent market uncertainty in the month of February that led to the wipeout of $800 million according to Binance due to hacking, threats, and fraud, which led to many big cryptos witnessing a downtrend. This is why keeping tabs on such events is important.  Trade during the time of high volatility uitable for day trading or swing trading strategies and hunt for the breakouts and price momentum to take advantage of short-term pumps. Start monitoring whales and institutional activity.  If you are trading on margin or futures, use low leverage to avoid liquidation in volatile conditions. Make sure to set stop-loss orders to protect you from major downturns. Be prepared for sudden spikes and take profits before hype fades. Legal &amp; Regulatory Considerations for DOGE Compliance with the regulatory framework is crucial for better operational strategies and decisions. Because the regulatory framework is constantly changing, it requires constant updates from legal experts that you can easily receive by following the accounts on social media or by hiring one. The regulatory dynamic changes based on the region and the country. Jurisdictions like New York, with its BitLicense program, offer detailed compliance standards that Dogecoin users and exchanges must adhere to.  With bodies like the SEC and New York’s Department of Financial Services (NYDFS) regularly monitoring the cryptos, it is wise to stay compliant with their regulatory framework. Make a habit of reviewing the guidelines regularly and implement anti-money laundering (AML) and Know Your Customer (KYC) protocols.  Regulatory policies impact Dogecoin’s entry into global markets. Each country’s approach, such as NYDFS’s regulations, can affect how Dogecoin is adopted in financial systems worldwide. This highlights the need for companies to stay proactive in understanding cross-border compliance. Many countries like India have introduced India taxes on crypto trading profits at 30% and have a 1% TDS on transactions. These are the things that an investor should consider while investing. Likewise, in the USA, Eric Trump on X recently mentioned the 0% capital gains tax on homegrown cryptos like XRP and HBAR. However, it is not official, so keeping yourself updated with these things can be beneficial. How to Buy &amp; Trade Dogecoin Buying Dogecoin is not a difficult task, as you are required to sign up with the exchange platform and make an account by doing KYC. Choose any of these platforms to buy Dogecoin: Coinbase, Binance, Kraken, Gemini, CoinDCX, and KuCoin. Make sure to deposit funds once your account is live and place an order to buy Dogecoin.  There are different types of orders you can use as market orders that allow you to buy DOGE at the current market price relatively quickly compared to the others. You can also limit orders by setting a specific price at which you want to buy Dogecoin. Lastly, a stop limit specifies a stop price that triggers a limit order. After selecting your order type and Dogecoin amount, you’ll need to confirm your transaction. Review all the details, including fees and the amount of DOGE you&#8217;re purchasing. For added security, you can transfer your Dogecoin to a software wallet (like Trust Wallet or MetaMask) or hardware wallet (like Ledger or Trezor).  However, if you are hunting for the best exchange platform, Binance is a great choice. Transaction fees depend on your account level and BNB holding over the last 30 days, though the standard rate is 0.1%. Sending crypto to an external wallet incurs a fixed fee ranging from $0.1 to $2. Meanwhile, the trading fees for different types of trades differ in this space. Dogecoin Wallets &amp; Security If you are looking for the best wallet for holding DOGE, then it is Trezor. It is a hardware wallet where you can keep track of your DOGE even when offline. This makes it a super-easy option amid the ongoing, growing hacking and threats. Managing your DOGE here is super simple: install the Trezor Suite App to send, receive, and manage the crypto. Custodial vs Non-Custodial Wallets for DOGE Choosing of custodial or non-custodial wallets depends on your type of investment, and both of these wallets are suitable for only one kind of investing so if you are a long-term trader,, then a non-custodial wallet, but if you are a short term trader, then choose the custodial one.  Custodial Wallets (Exchange Wallets) This type of wallet gives you control over your pass keys to a third party, such as Binance. Here, you have less control over your funds, but the exchanges often offer additional security, which is good for short-term holding of DOGE. The additional security layers provided by this wallet are insurance, two-factor authentication (2FA), and anti-hacking measures. But there are still risks, like if the exchange gets hacked, withdrawals will be frozen, and you could lose DOGE. Custodial wallet examples: Binance Wallet, Coinbase Wallet, and Kraken Wallet. Non-Custodial Wallets (Private Wallets) Noncustodial wallets are private wallets that are more secure compared to custodial ones. Here, you have control of your private key, meaning you get to control your Dogecoin. These wallets have a backup system and strong personal security measures (e.g., backing up seed phrases). It requires manual transfers for trading but eliminates third-party risks. But make sure to remember your seed phase, or else you will lose your funds permanently. Dogecoin Adoption &amp; Use Cases Dogecoin has gained wider adoption due to its key partnerships that are always fueling its growth, such as  Tesla, owned by Elon Musk, accepting Dogecoin for merchandise in 2021 and starting openly tweeting on X, boosting the cryptocurrency’s mainstream presence. SpaceX announced the DOGE-1 mission.  In sports, Mark Cuban’s Dallas Mavericks began accepting Dogecoin, followed by BlockFi, BitPay, and businesses like AT&amp;T, Twitch, and Newegg. This adoption of Dogecoin (DOGE) was rapidly fueled by crypto platform support like Crypto.com, which joined Dogecoin as its Visa-backed Debit card. The cherry on the cake work was done by the mega e-commerce giants like Etsy and Shopify, which allowed merchants to accept Dogecoin via third-party payment processors like CoinPayments and BitPay. Robinhood also played a massive role in the Dogecoin surge as it made retail investments, and many celebrities openly showed support and promoted it,  such as Snoop Dogg, Mark Cuban, and Gene Simmons. Final Thoughts on Dogecoin In conclusion, if you are wondering whether now is the right time to invest in Dogecoin, then honestly, that depends on risk tolerance and risk management strategies along with your knowledge of the market. To definitely meet your investment goals, a mind map or strategy is required. The coin is backed by a huge community and celebrity support, particularly Elon Musk, who shows an aggressive stance on this crypto, because of which DOGE has maintained its visibility. Its low transaction fees and fast blockchain time compared to traditional crypto projects like Bitcoin keep its users at an advantage. It is surely an attractive option for microtransactions and online payments.  However, Dogecoin does have some disadvantages, such as a lack of significant advancement and its reliance on external factors for the pierce movement. Musk&#8217;s influence could pose a risk, but the coin&#8217;s future outlook is definitely promising, especially with wide mainstream adoption. It is advised that if you are looking to diversify your portfolio, you should make sure to learn about the essentials for managing the inherent risks of investing in Dogecoin and always stay updated with the crypto market. FAQ 1. Who is the creator of Dogecoin, and why was it launched? The creators of Dogecoin are two software engineers named Billy Markus from America and Jackson Plamer from Australia, who collaborated and launched the Dogecoin platform domain called www.dogecoin.com on December 4, 2023. Earlier, the DOGE was launched as a meme or joke, and later, due to its increased popularity, the coin later evolved into widely used crypto.  2. Is Dogecoin better than Bitcoin?  Yes! Dogecoin has outperformed Bitcoin in many ways. Such as it is DOGE is sustainable crypto because it does not depend on mining and uses high computational power, while Bitcoin uses mining to stay functional, making it not a sustainable crypto. Meanwhile, Dogecoin only takes a minute to bring finality, but Bitcoin takes around 10 minutes to bring finality, making it less user-friendly. Plus, Dogecoin is more affordable than Bitcoin.   3. Why is Elon Musk considered a major contributor to Dogecoin, and how does he influence its popularity and price? Elon Musk is considered a major contributor to Dogecoin because he is very influential and uses its social media platform X for tweets and strategic endorsements. His tweets instantly go viral and capture the attention of the users, resulting in an instant price hike. Musk has also integrated Dogecoin as a payment system in his business ventures, such as Tesla. 4. How are Dogecoin price movements influenced? Dogecoin prices are moved mostly influenced by the active community of DOGE on Reddit and X, market trends, crypto events, Elon Musk involvement, strategic partnerships,  regulatory updates, legal factors, and continuous advancement in the Dogecoin space.  5. What type of investment is best for Dogecoin? For Dogecoin, both long-term and short-term investments are best, and as an investor, you should choose the investment way based on risk tolerance, financial goals, chart reading ability, and market understanding. Additionally, it is important for you as an investor to do a deep research of the coin and market itself and make decisions based on the market fluctuations.  6. What are the key strategies to opt for short-term Dogecoin trading? If you are a short-term trader, then you need to be more careful compared to a long-term trader because a short-term trader needs to monitor the market very often, and on top of this, your knowledge of the market is also crucial. Knowing how to read the support and resistance levels, along with understanding how to use indicators such as the moving average, will be really beneficial for making a risk management strategy for short-term investment in DOGE. 7. How is Dogecoin impacted by the regulations of different countries? There are many countries that have different regulatory standards, such as nations like China, Turkey, and Bangladesh, which have banned many cryptos, including DOGE. There are also some countries like Russia that have allowed crypto trading but have restricted the uses of crypto as a payment medium. Other than these countries, the US and the UK have fully accepted cryptos, but they have strict regulatory standards and legal barriers. Overall, regulatory standards play a huge role in Dogecoin.    8. Which wallet is best for DOGE? Custodial and non-custodial wallets are the two types of wallets that can be used for holding your DOGE. Both of these wallets have their own perks and disadvantages, such as a custodial wallet, which is managed by a third-party service, and these third parties hold your security key on the wallet&#8217;s behalf. These wallets are best for short-term investors. While non-custodial wallets are safer and more secure as they offer full control of the assets to the users. The passkey responsibility is to the users themselves; additionally, the wallet stores the data online, preventing online threat risks, so this makes it suitable for long-term investors.   9. What are Dogecoin features, and why is it a great investment opportunity?  Dogecoin offers many features that make it a user-friendly space for users, such as 1.5 minutes to finality, affordability, and speed, and it is adopted by top businesses like Tesla and Dallas Mavericks. The crypto gets endorsements from celebrities, leading it to surge, and it has also demonstrated strong market resilience, with historical price surges during key events and hype cycles. Additionally, the platform is used by several payment systems, displaying a promising long-term potential opportunity.   10. What are the pros and cons of investing in DOGE? Investing in Dogecoin has its own risks, but it also offers several investing opportunities to the investors. Its advantages include fast, secure, and low gas fee transactions. The space is backed by a robust community and influential figures. However, the Dogecoin price is highly influenced by social media and market trends. Regulatory uncertainty remains another risk, as changing policies could impact its adoption and market value. DOGE Price PredictionDOGE News

Dogecoin

Sporklin, a female core Dogecoin developer, died on April 24 2021 following a short battle with cancer, in a shocking blow to the community.

Female Dogecoin Core Developer Sporklin Dies of Cancer

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Abigail Michelle

Michelle Abigail is an optimist who believes nothing is impossible even if it means treading on a foreign path. This disposition has moved her to join the crypto world with the hope of contributing her bit to the ecosystem.

Dogecoin, a cryptocurrency originally started as a joke, has gotten the support of a Reddit board who talked about bringing the altcoin to the height of GameStop stock. Working toward that goal, the Reddit group has pushed Dogecoin to over 1100% gains according to data from CoinMarketCap. The cryptocurrency, which is not as popular as ... Read more

Popular Meme Coin Dogecoin Pumps 1100% as Market Volatility Peaks 

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