Unveiling the trio of top trending stories in the crypto universe, the crypto news digest utoday brings you up to speed with the latest happenings. Let’s delve into the exciting world of cryptocurrencies.
Peter Brandt’s Trusted Bitcoin Chart
In the realm of trading, Peter Brandt stands tall as a seasoned chartist and trader. Recently, he turned to a social media platform to showcase the Bitcoin chart he swears by – the weekly Renko graph. Brandt’s faith in the Renko chart stems from its impressive track record of precision. He revealed that in his estimation, the method has merely faltered five times in half a decade.
One of the Renko chart’s recent signals advocated for a purchase at $22,000, a call that turned out to be spot on with Bitcoin currently oscillating around $34,000. Despite its proven accuracy, Brandt urges traders to tread with caution, reminding them of the volatile nature of financial markets.
Shiba Inu’s Record-Breaking Run
Shiba Inu, the meme cryptocurrency, has been riding the recent market upswing, reaching a two-month peak. The upward journey for SHIB began on Oct. 19, culminating in a high of $0.000082 in Thursday’s trading session. It spent seven of the previous eight days in the green, trading at $0.00000781 at the time of writing, a 1.61% increase over the last 24 hours.
As per data from IntoTheBlock, Shiba Inu’s profitability has seen a boost due to the token’s positive price movement. The same analytics platform reported that the total addresses for Shiba Inu have hit a new high, now standing at 3.63 million.
Elon Musk’s Tweet Sparks Curiosity
Elon Musk, the centibillionaire and owner of a popular social media platform, recently quoted a post that provided a step-by-step guide on how to make video and voice calls on the platform. His comment, “Early version of video & audio calling on 𝕏,” drew considerable attention from users, including the XRP and SHIB communities.
Lucie, an official member of the Shiba Inu team, responded with a GIF of a SHIB dog using a banana as a phone, captioned: “Bring ring ring ring ring.” A prominent XRP-themed account, @XRPcryptowolf, queried Musk: “When is X accepting XRP payments?”
As the crypto world continues to evolve, platforms like cryptoview.io can provide valuable insights and real-time data to help you stay informed. Whether you’re a seasoned trader like Peter Brandt or a curious observer, keeping up with the crypto news digest utoday can help you navigate this dynamic landscape.
