Allgemein

• Bitcoin and Ethereum have popularized the cryptocurrency industry, leading investors to search for further investment opportunities beyond Dogecoin.
• Five alternatives to Dogecoin are examined in this article, including DigiToads (TOADS), Tamadoge (TAMA), Dogelon Mars (ELON), Baby Dogecoin (BABYDOGE), and Shiba Inu (SHIB).
• Each of these cryptocurrencies has unique qualities that make them attractive investments, such as limited supply, deflationary models, and real use cases.

Introduction

Bitcoin has swept the globe and established itself as a well-liked investment choice for many people. Due mainly to the success of Bitcoin and Ethereum, the cryptocurrency industry has recently seen a rise in popularity. Investors have, however, been interested in more than that. Dogecoin, a cryptocurrency with meme inspiration, has gained popularity in the cryptocurrency space, and its success has led investors to search for other investment opportunities.

DigiToads (TOADS)

DigiToads, often known as TOADS, is a cryptocurrency that has recently attracted the interest of several traders and investors. It was introduced as a play-to-earn meme coin in early 2023, and its presale has shown great promise. The unique notion of DigiToads is one of the distinguishing qualities that sets it different from other cryptocurrencies. It is intended to be a platform driven by the community and pays users for their involvement. Users may earn TOADS tokens by participating in various platform activities such as playing games on-chain trading competitions , TOAD school , meme contests , staking . The presale will include $150 000 worth of giveaways , encouraging new members to join the community and increase their reward chances . The restricted quantity of DigiToads is another aspect that makes it a desirable investment option . Just 585 million TOADS tokens will ever be produced , with an automated burning mechanism reducing the number further . This deflationary model distinguishes TOADS from Dogecoin whose unlimited supply has been a major factor restricting the token from rising in value . Overall , DigiToads is an ultimate alternative for DOGE with its generous utility real use cases smart tokenomics . With an already audited smart contract doxxed team ,the project is expected to reach the moon . Visit The DigiToads Website : https://digitoads.world

Tamadoge (TAMA)

Tamadoge ( TAMA ) is a wildly successful meme currency with an intriguing roadmap . Tamadoge was first introduced to market in 2021 ,and with its fascinating combination of NFT s Play -to -Earn principles quickly gained attention . Main factor contributing TAMA ‘ s success its innovative use case TAMA designed used decentralized game called Tamadoge play -to -earn game allows players earn TAMA tokens playing games staking or making purchases within game universe also rewards users contributions content development creative ideas bring life world Tamagochi characters within game can breed special NFT Tamadogs trade all sorts assets within platform basis blockchain technology nonfungible tokens offer flexibility users trade assets both inside outside platform

Dogelon Mars(ELON)

Dogelon Mars ELON another alternative Dogecoin gaining huge traction among crypto enthusiasts past few months ELON combines idea DeFi ecosystem entertaining gaming experience using winning PoS algorithm offers high yield incentivizing passive income ELON holders 100 % profits shared between all holders project 50 % distributed through staking pools remaining 50 % allocated liquidity mining rewards participants providing liquidity back asset addition holding ELON provides access exclusive events platforms like Moonwalkers Club regular distributions projects held called Elon Drops offering wide range prizes like ETH BNB DEX products digital art collectibles moreover special NFT cards issued every quarter allowing holders access certain privileges lowest fees access rewards loyalty program mentioned above ability customize own profile page many others features

BabyDogecoin(BABYDOGE)

BabyDogecoin BABYDOGE another attractive alternative those looking invest something similar DOGE but want even better returns Its offers low inflation rate along deflationary emission schedule released 2021 since then managed gain solid amount followers dedicated community around world total supply BABYDOGE capped 10B coins unlike DOGE which infinite designed provide steady growth longterm sustainable development without risking overinflation current price one BABYDOGE 0 0003 USD provides opportunity buyers purchase large amounts coins potentially good returns future due increasing demand coin likely rise value coming days weeks

Shiba Inu(SHIB)

Shiba Inu SHIB last but not least altcoins discussed here launched mid 2021 spawned original concept behind DOGEs meme based approach marketing strategy SHIB total supply 1 quadrillion coins majority owned founder Jackson Palmer however still able find exchanges place orders relatively low cost currently just under 0 000001 USD per unit same small fraction compared original price when launched June 2021 Nevertheless SHIB become widely popular recent times due active social media presence massive discussions Telegram Twitter Reddit communities people sharing stories experiences related investing SHIB also uses ERC 20 standard meaning anyone Ethereum wallet store SHIBS

• Venezuelan authorities have removed Joselit Ramirez, the top authority on crypto policies in the country, from his position and arrested him for suspicion of participating in a scheme to steal from Venezuela’s oil operations.
• A comprehensive restructuring of the Superintendency of Crypto Assets and Related Activities (SUNACRIP) is underway, headed by a new board endorsed by President Nicolas Madura.
• Media reports suggest that corruption may be behind Ramirez’s removal, with officials investigating a case involving $3 billion being diverted from Venezuelan oil sales.

Joselit Ramirez Removed

Venezuela’s top authority on crypto policies, Joselit Ramirez, has been removed from his position and arrested for suspicion of participating in a scheme to steal from Venezuela’s oil operations. Venezuelan president Nicolas Madura removed Ramirez from his position for allegedly participating in a plan to steal from the country’s oil operations.

SUNACRIP Restructuring

Decrypt reports Ramirez’s removal does not affect only him but also a large portion of the department. The Venezuelan government has called for a comprehensive restructuring of the Superintendency of Crypto Assets and Related Activities (SUNACRIP). According to the SUNACRIP Restructuring Decree, the board will plan the next steps for the department.

President Madura’s Declaration

President Madura declared: That it is the duty of the State to take all measures at its disposal to protect the Venezuelan people from the negative effects of the multiform aggression that is taking place against the country and, especially, against its economy. The restructuring will be coordinated by a mixed commission comprising a president and four directors endorsed by Madura. The Ministry of Economy, Finance, and Commerce will supervise this operation. A new board headed by Anabel Pereira Fernández will lead this organization going forward among which are Héctor Andrés Obregón Pérez, Luis Alberto Pérez González and Julio César Mora Sánchez.

No Official Statement Yet

President Madura has not yet issued an official statement on this matter yet and there was no provided reason why he removed Mr Ramirez apart from media speculations that suggests corruption could be behind it such as diverting $3 billion worth funds away from Venezuelas oil sales without showing up in official account records .

Disclaimer

This article is provided for informational purposes only

• MinePlex, a Singapore-registered cryptocurrency company, is ready to take legal action against VTV Channel for trying to damage the blockchain project’s reputation.
• The false allegations presented on March 9, 2023 claimed that the company was operating illegally and seducing participants to join a pyramid.
• MinePlex insists that they have full legal bases and operating conditions, never claimed to be a traditional bank, never promised profits and are not a Ponzi scheme.

MinePlex Ready To Take Legal Action

Singapore-registered cryptocurrency company MinePlex is ready to take legal action against VTV Channel for trying to damage the blockchain project’s reputation. On March 9, 2023 the national Vietnamese broadcaster channel VTV published an article titled “The electronic bank self-proclaimed as MinePlex operates illegally” which falsely accused the company of operating activities and seducing participants to join what journalists presented as a pyramid.

Full Legal Bases And Operating Conditions

MinePlex insists that they have full legal bases and operating conditions. The firm is registered in Singapore as MINEPLEX PTE. LTD under the registration number 202025952D. Additionally, their operations can be demonstrated by their successful pass of the KYC team check from international company CertiK.

Never Claimed To Be A Traditional Bank

MinePlex has made it clear that they never claimed to be a traditional bank but rather partner with them in order to provide financial-related services such as payment cards for customers. On February 25th they announced a strategic partnership with a major Brazilian bank which would allow users access to services provided by the bank.

No Profits Promised

The journalist had taken phrases out of context when reporting on MinePlex which led viewers into believing that profits were being promised when this was not true at all; during interviews Fyodor Bogorodsky simply mentioned possible growth of their token (PLEX) up until $1,500 without guaranteeing anything or making any claims towards profit margins.

Not A Ponzi Scheme

MinePlex takes accusations of being part of a Ponzi scheme very seriously; despite what may have been implied in reports they do have an existing ecosystem along with tech details published online proving otherwise.

• Data intermediaries are the mediators between data contributors and those who leverage that data for profit.
• Traditional Web 2.0 exchanges of data for access to digital services have often unknowingly turned the consumer into a marketable product.
• There is an inherent lack of fairness in the exchange of data, known as data asymmetry, where the steward of the data is able to unlock more value than the contributor.

Data Intermediaries

Data intermediaries are mediator between those who make their data available (you), and those who want to leverage that data for profit (companies). They govern your data, chop it up into datasets, and sell it or make it accessible, while convincing you they can be trusted with your personal information. Common examples include Google, Facebook, Instagram, Tinder, Uber, Strava, PayPal and WhatsApp. Fraudsters can use legitimate datasets gathered from these platforms to coordinate sets of stolen data sold on the dark web.

Web 2.0 Exchange

The traditional Web 2.0 exchange of your data in exchange for access to digital services has often unknowingly turned the consumer into a marketable product. Collection goes beyond details and behaviour too; facial recognition and voice messaging also provides valuable information which is used by companies without giving any benefit back to users.

Data Asymmetry

There is an inherent lack of fairness in the exchange of data referred to as ‘data asymmetry’, where there exists a disparity between two entities regarding accessibility; The steward of the data unlocks more value than what was provided by the contributor. An example would be using Google Maps for directions or locations without receiving any benefits from doing so – instead only providing valuable location-related information that can then be used by Google in order to create targeted ads or other products.

Web 3 Disruption

Web3 isn’t happy about this old deal and we’re seeing disruptions that change this role of intermediaries and put power back into user’s hands such as through ‘data unions’ and Self Sovereign IDs but these still remain too siloed so further changes are needed in order to ensure true control over our own personal information remains within our own grasp rather than being taken advantage off by third parties seeking profit from our personal details without sharing any benefit back with us .

Conclusion

The way we handle our own personal information needs significant improvement if we are going to protect ourselves from exploitation at the hands of companies keenly seeking out ways to monetize our most sensitive information without adequately rewarding us for our contributions . We need better mechanisms that allow us greater control over how our private details are accessed , shared , stored , manipulated , sold , etc . Only then will we feel truly empowered when handling our own personal information online .

• Unity, a 3D content creator, has included 13 top Web3 crypto gaming companies in its Verified Solutions Program (VSP).
• Unity is a behemoth of a company positioned at the top of the gaming industry with 3.9 billion monthly active users.
• Altura is one of the crypto projects chosen by Unity given that its platform provides everything needed to build, scale and monetise Web3 gaming.

Unity Enters Crypto Gaming Market

World-leading 3D content creator Unity has included 13 top Web3 crypto gaming companies in its Verified Solutions Program (VSP). The program comprises an ecosystem of trusted third-party SDKs, plug-ins and editor applications which are closely aligned with Unity to ensure that their latest releases are verified for productivity, performance and usability.

Unity’s Position in the Gaming Industry

Unity is a behemoth of a company positioned at the top of the gaming industry. It has reached 5 billion game downloads since 2021 and has 3.9 billion monthly active users. The number of Unity creators increased 31% last year and even 18 months after the peak of the pandemic, people playing games is still up by more than 50%. This makes it clear that crypto gaming is here to stay and make its mark on this thriving market.

Altura Provides Infrastructure for Web3

Altura is one of the crypto projects chosen by Unity due to their platform providing everything needed to build, scale and monetise Web3 gaming. Majd Hailat, founder of Altura said: “We are thrilled to team up with Unity and join their Verified Solutions program… We believe that decentralization will revolutionize the gaming industry… Our aim is to make this technology more accessible to both players and developers”.

Crypto Industry Far From Zero

The inclusion of these 13 companies into Unity’s VSP Program shows just how far away from zero this sector really is despite naysayers opinion on it going there eventually. With such talent, entrepreneurialism and resources behind this sector as well as niches such as DeFi, metaverse & gaming it’s likely that it will bolster its position as one of the world’s fastest growing asset classes.

Conclusion

Unity partnering up with these 13 companies shows how serious they are about taking part in this new wave within cryptocurrency & blockchain technology – utilising all these platforms have to offer & bringing them closer together for an even greater experience for gamers around the globe!

• BTC/USD traded sideways in the Asian session, with buying pressure emerging around the 23790.51 and 24363.19 levels.
• The pair recently moved as high as the 25288.88 area, its strongest print since August 2022, representing a test of the 25455 level.
• Technical support levels and areas of potential buying pressure are around the 22944, 22717, 23171, 22236, 22201, 21523, 21514, 21416, 21366 and 20791 areas.

BTC/USD Seesaws in Tight Range

Bitcoin (BTC/USD) continued to trade sideways early in the Asian session as the pair sawed between high and low ranges within tight boundaries.

Recent Price Movements

Buying pressure recently emerged around the 23790.51 and 24363.19 levels representing 38.2% and 23.6% retracements of an appreciating range from 21366.45 to 25256.83 respectively . BTC/USD then lifted as high as the 25288.88 area – its strongest print since August 2022 – testing upside price objectives related to previous buying pressure at 16326.16 and 20333-33 areas at 25455 level .

Technical Support & Resistance Levels

Upside price objectives include 25455 ,25774 ,27609 ,and 28004 levels while technical support levels below current trading prices can be found at 22944 ,22717 ,23171 ,22236 ,22201 ,21523 ,21514 ,21416 ,21366 and 20791 areas . Stops are cited below 21047, 20874 20724 & 20370 levels while technical resistance exists at 15900 15512 15313 14500 14364 13369 10727 10432 9682 8837 & 7538 levels respectively .

Moving Averages Indicate Bullishness

Traders are observing that 50-bar MA (4-hourly) is bullishly indicating above 100-bar MA (4-hourly) & 200-bar MA (4-hourly) similarly 50-bar MA(Hourly ) is bullishly indicating above 100 bar MA(Hourly) & 200 bar MA(Hourly). Price activity is nearest 50 bar MA (4 Hourly )at 234 79 59 & 50 bar MA ( Hourly )at 246 27 91 respectively .

Disclaimer

Sally Ho’s Technical Analysis provides information for informational purposes only and does not reflect views of Crypto Daily nor should it be used for legal tax investment or financial advice

• PEGA Pool is a UK-based Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy.
• This platform provides an attractive income and has become one of the world’s top 10 largest mining pools.
• PEGA Pool also plants trees to partially offset miners’ carbon footprints and has already planted over 148,000 trees so far.

PEGA Pool – Eco-Friendly Mining

PEGA Pool, a UK-based Bitcoin mining pool, recently announced its official launch with the mission to create a more sustainable industry by enabling clients to offset their carbon footprint while providing them with an attractive income. It has become one of the world’s top 10 largest Bitcoin mining pools according to BTC.com.

Offset Carbon Footprint

The Proof-of-Work mining operations have received criticism from individuals, corporations, and governments due to its fossil fuel consumption which has led some countries such as China to ban crypto mining. To address this issue, PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch to renewable energy sources in order to reduce their environmental impact. Clients mining with renewable energy pay 50% lower pool fees than those who mine with nonrenewable sources as well. For those who still choose not use renewable energy sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint and has already planted over 148,000 trees resulting in annual CO2 savings of 3,967 tons annually so far.

Attractive Income

PEGA Pool provides an attractive income for miners compared with other platforms and is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). By allowing clients connect ASIC miners on its platform and mine together it allows for better returns than if they were just soloing it alone.

Sustainable Industry

To demonstrate that large scale Bitcoin mining using only renewable energy is indeed possible, PEGAs parent company PEGA Mining Ltd uses only green energy for its own operations leading the way towards creating a more sustainable industry overall within cryptocurrency networks worldwide.

Conclusion

The launch of PEGA Pool marks a new era in eco friendly bitcoin mining where individuals can now make money off of cryptocurrency without having any negative environmental impacts along the way while simultaneously receiving an attractive income through this innovative platform’s offering.

• The United States Department of Justice announced that Ishan Wahi, an ex-Coinbase product manager, pleaded guilty to two counts of conspiracy to commit wire fraud.
• Wahi tipped off his brother and associate regarding crypto assets that were going to be listed on Coinbase exchanges, allowing them to make profitable trades secretly.
• Ishan Wahi is scheduled to be sentenced on May 10 and faces up to 20 years in prison for each count of conspiracy to commit wire fraud.

Former Coinbase Employee Pleads Guilty To Conspiracy To Commit Wire Fraud

The United States Department of Justice (DOJ) announced on Tuesday that Ishan Wahi, an ex-Coinbase product manager charged with conspiracy to commit wire fraud in the first-ever insider trading case related to cryptocurrencies, pleaded guilty.

Accused Generated $1.5 Million In Illegal Profits

Ishan Wahi provided information regarding cryptocurrency listings on Coinbase’s asset listing team which gave him access to information about which cryptocurrency would be offered on its platform. The data allowed Mr. Wahi’s co-accused to execute profitable trades secretly and generate around $1.5 million in profits according their estimated involvement in trades that used information about 14 listings.

Federal Authorities Crack Down On Crypto Industry

The case involving the Wahi brother and their associate marks the first insider trading case involving cryptocurrencies and is part of federal authorities’ global onslaught on the industry led by Nicolas Roos, one assistant U.S attorney who prosecuted Ishan Wahi as well as leading the DOJ’s case against Sam Bankman-Fried.

Sentencing Scheduled For May 10th

Ishan Wahi is scheduled to be sentenced on May 10 and faces up to 20 years in prison for each count of conspiracy to commit wire fraud while his brother Nikihil was sentenced for 10 months in January with a fine of $892,500 after pleading guilty for one count of conspiracy also relating back to this same crime committed by all three accused individuals involved in this case .

Conclusion

Whether it occurs in the equity markets or the crypto markets, stealing confidential business information for your own personal profit or the profit of others is a serious federal crime according Federal Authorities statement towards this issue and those found guilty will face severe penalties including long terms behind bars such as those facing Ishan Wahi come May 2021 when he receives his sentence due date set by court proceedings already underway pertaining this case against him and his associates involved with this crime committed alongside him .

• Shibarium’s upcoming launch is raising hopes for a SHIB price increase.
• A known SHIB whale could derail the hoped-for price rally as crypto lender Voyager has moved around $9.6 million of cryptocurrencies to crypto exchanges.
• At press time, the Shiba Inu price showed no signs of a major sell-off and was trading at $0.00001205, up 4% in the last 24 hours.

Shibarium Launch Raises Hopes for SHIB Price Increase

The upcoming launch of Shibarium is raising high hopes in the Shiba Inu community that the SHIB price will rise due to an expanded use case beyond a meme coin.

Voyager Moves Crypto Assets, Threatens Price Rally

However, a known SHIB whale could derail the hoped-for price rally. As one of the industry-leading blockchain security companies PeckShield reported via Twitter today, bankrupt crypto lender Voyager has moved some of its crypto holdings. According to PeckShield, about $9.6 million of cryptocurrencies were transferred from Voyager to crypto exchanges Coinbase, Binance US, and Kraken. Among them were around 4.9 million VGX ($2.1 million), 221,000 LINK ($1.5 million), 3,050 ETH ($3 million), and also 270 billion SHIB, equivalent to around $3 million. As the security company also informed, Voyager still holds 6.8 trillion SHIB, equivalent to around $82 million

Rumors Circulate on Twitter

Rumors are circulating on Twitter that Voyager may want to profit from the recent market rally and liquidate the altcoins to compensate its creditors. If this is true, SHIB could face a sell-off that could push the price down sharply.

Shiba Inu Price Remains Unaffected

Shiba Inu Price Remains Unaffected Whether the rumors will actually come true remains to be seen. Binance US agreed to buy a part of Voyager’s assets in December after the deal between company and FTX fell through but is still in limbo due to opposition from government regulators: SEC and CFIUS with another hearing scheduled for March in Bankruptcy Court for Southern District of New York plus approval by majority of creditors required as well.. At least at press time Shiba Inu price showed no signs of major sell-off and was trading at $0 00001205 up 4% in last 24 hours -in line with broader market rally following yesterday’s Fed rate decision .

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• An analyst has predicted that Bitcoin prices may rise above the current resistance level at $23,800 to $25,500 before dumping below immediate support lines towards $20,000, or worse.
• This prediction is based on the observation that when the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades.
• The analyst is convinced that peaking Bitcoin hash rates can diverge with prices, impacting coin valuation.

An analyst has recently offered his opinion on the current state of the Bitcoin market. He believes that, based on recent CryptoQuant data, the Bitcoin hash rate will continue to increase in the coming weeks, and this may have an adverse effect on the coin’s price.

The analyst notes that when the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades. He believes that the rising hash rate will lead to more users and mining farms powering on their rigs, further pushing up the hash rate. This increase in the hash rate could lead to strong liquidations that could unwind mining activity, pulling down prices.

As of January 26, the Bitcoin hash rate had increased to 305 EH/s, an all-time high. Hash rate is the total computing power connected to the Bitcoin network. If BTC prices continue to pump, the analyst predicts that prices may rise above the current resistance level at $23,800 to $25,500 before dumping below immediate support lines towards $20,000, or worse.

The analyst is convinced that peaking Bitcoin hash rates can diverge with prices, impacting coin valuation. He believes that this divergence could lead to a decrease in Bitcoin demand, as miners may be tempted to cash out their profits and move on to other projects. This decrease in demand could cause prices to drop further.

The analyst believes that the current Bitcoin market is a precarious one, and investors should be cautious when investing. He recommends that investors take note of the Bitcoin hash rate and use it to assess the market before investing. With this information, investors can make better decisions when it comes to investing in the cryptocurrency.