Edward Snowden Offers Insights on Cryptocurrency Market, Over 200 Billion SHIB Moved, David Gokhshtein Continues Support for DOGE and SHIB: Recap of Cryptocurrency Updates by U.Today
In the ever-evolving world of cryptocurrencies, recent developments have caught the attention of both industry insiders and enthusiasts. Edward Snowden, the former CIA employee known for his advocacy for privacy, has expressed his views on the market, while David Gokhshtein, a crypto influencer and founder of Gokhshtein Media, has reaffirmed his support for Dogecoin and Shiba Inu.
Snowden, in a tweet, suggested a shift towards safe Decentralised Exchanges (DEXes) following the FTX catastrophe. His focus on privacy and security in the digital age might lead one to speculate that he views cryptocurrencies as a means to enhance financial privacy. However, it's important to note that Snowden has not explicitly commented on specific cryptocurrencies like Bitcoin, Shiba Inu, or Dogecoin.
Meanwhile, Gokhshtein has made it clear that he will only buy DOGE and SHIB among meme coins, and others need to "win him over." He emphasized that he holds "as much BTC and ETH as possible," but prefers the vibe of the DOGE and SHIB communities. Gokhshtein also pointed out that holders of meme coins and major digital assets like Bitcoin and Ethereum have distinct differences.
In a surprising turn of events, an anonymous whale transferred almost 900 billion SHIB, with one transfer worth 154,724,609,251 SHIB. This substantial movement of SHIB has been reported by WhaleStats, and the current holder count stands at 1,268,532. Interestingly, the number of SHIB holders grew by 8,000 in a single day, pushing the overall figure to 1,259,610.
The Shiba Inu Metaverse team has also unveiled new concept art for the metaverse that is being built: the Dune hub. This development adds to the excitement surrounding the project and the potential growth of the Shiba Inu ecosystem.
In the XRP community, there was a significant spike in price on Monday, Nov. 14, when the token jumped 10% to $0.378 due to speculation of a settlement in the Ripple-SEC lawsuit. However, it's important to note that this speculation was later debunked by the network's correspondent Eleanor Terrett on Maria Bartiromo's show on Fox Business. The sudden spike and subsequent debunking has left the XRP community puzzled, with some questioning whether it indicates a settlement may actually be on the way.
As of Tuesday, XRP is trading at $0.374. Snowden, who has not specifically commented on XRP, warned his followers that his tweets should not be viewed as financial advice, as he has "zero financial education."
These developments serve as a reminder of the dynamic nature of the cryptocurrency market, where news and speculation can significantly impact prices. As always, it's crucial for investors to conduct their own research and make informed decisions.
- Edward Snowden, advocating for privacy and security in the digital age, has suggested a move towards safe Decentralised Exchanges (DEXes), but has not explicitly commented on specific cryptocurrencies like Bitcoin, Shiba Inu, or Dogecoin.
- David Gokhshtein, a crypto influencer and founder of Gokhshtein Media, has expressed his support for Dogecoin and Shiba Inu, and revealed his preference for the vibe of these communities over others, holding "as much BTC and ETH as possible."
- An anonymous whale transferred almost 900 billion SHIB, with one transfer worth 154,724,609,251 SHIB, a substantial movement of the meme coin that was reported by WhaleStats, with the current holder count standing at 1,268,532.
- The Shiba Inu Metaverse team has unveiled new concept art for the metaverse called the Dune hub, adding to the excitement surrounding the project and the potential growth of the Shiba Inu ecosystem.
- In the cryptocurrency market, news and speculation can significantly impact prices, such as the XRP community experiencing a spike in price when the token jumped 10% to $0.378 due to speculation of a settlement in the Ripple-SEC lawsuit, before being debunked by network's correspondent Eleanor Terrett.
- Snowden, who has not specifically commented on XRP, warned his followers that his tweets should not be considered financial advice, as he has "zero financial education." These developments serve as a reminder for investors to conduct their own research and make informed decisions in the volatile world of cryptocurrencies.