A daily close above $0.00001110 could serve as #confirmation that support is intact and the path with the least #resistance is to the upside.

#Remember, on the daily chart, the 100-day EMA is the #immediate resistance

In the last 24 hours, #Shiba Inu has seen its #trading volume jump by 30% to $321 million,

The second-most #popular meme coin, boasting $6.6 billion in market #capitalization, is trading at $0.00001120.

 For now, let us dive into the #analysis to figure out what factors are in play to either validate or #invalidate the uptrend.

#Despite the double-digit move in the last 24 hours, Shiba Inu must tick a few boxes before #investors can fully confirm a new bull market.

adding that the bank also #directed thousands of dollars in campaign #contributions to leaders of efforts to relax bank regulation in Congress.

The lawmaker argued that #Signature Bank supported efforts to curtail capital #requirements stipulated in the Dodd-Frank Wall Street reform law, the publication conveyed

“Congress and the #public must learn the #lessons from the failure of Signature Bank,” the senator stressed.

#promised that they ‘bode well’ for your bank — and then destroyed it with bad #decision-making and excessive risk-taking.

You owe your #customers and the public an explanation for the economically #disastrous outcomes you created: you worked hard to weaken the rules

#Signature Bank was seized by the New York State Department of Financial #Services last Sunday, becoming the third-largest bank in the U.S. to fail.

U.S. Senator #Elizabeth Warren (D-MA) has attributed the failure of Signature Bank to its #acceptance of crypto customers without having sufficient safeguards, Yahoo Finance reported Thursday.

#Emphasizing that the bank took “excessive risk,” the senator #demanded answers from the CEO of Signature Bank regarding “the economically disastrous outcomes you created.”

Khan’s car reached the gate of the court #building on Saturday during #confrontations between police and supporters of his Pakistan Tehreek-e-Insaf (PTI) party.

The warrants were #cancelled after Khan officially marked his #appearance at the court

Faisal Fareed #Chaudhry, part of Khan’s legal team, told Al Jazeera that the court in the capital, Islamabad, adjourned the session and #instructed the former prime minister to ensure his presence at the next hearing on March 30.

Islamabad, Pakistan – A court in #Pakistan has cancelled arrest warrants for former Prime Minister #Imran Khan in a corruption case, according to Khan’s lawyer.

Court adjourns hearing in #corruption case against leader of the #Pakistan Tehreek-e-Insaf party until March 30.

If you're #looking for other high-potential crypto projects alongside SHIB, we've reviewed the top 15 #cryptocurrencies for 2023, as analyzed by the #CryptoNews Industry Talk team.

Despite the #support from other developers in the #community, it might take a lot of effort to clear Shibarium as an original protocol.

Forking, and #building upon already established software, is the core #foundation of what FOSS (free and open-source software) stands for,” “Justinlime,” another community defended the team.

“Even if some of the code was used in the beta does not mean all of it was. To me, it's very #doubtful that it's a #direct fork with nothing changed.

 Moreover, there is no #confirmation that it was,” #Jesus replied on the Discord channel.

 Despite the #allegations, some #developers in the community threw their weight behind the Shiba Inu team – “code is forked all the time. 

The #protocol Steve was referring to is called renia, with Shiba Inu #development team accused of changing the name to rinia.

Using an ID that already exists is just incompetent as your chain #wouldn't work properly and #everyone trying to interact with your chain would instead interact with the other chain,” Steve a community member wrote in the Discord channel.

“Chain ID is the #simplest thing any Blockchain dev looks for first when deploying a #Blockchain.

#Discord channel and raised concerns about the #development team using a similar Chain ID to another existing protocol.

However, the hype #surrounding the layer-2 solutions provider was quickly washed out after a high-ranking #community member took to Shiba Inu’s

The testnet allows developers to test a product, an upgrade, or even new features in a real-time #environment before they are released on the mainnet #blockchain.

Note that a beta testnet refers to a #blockchain protocol designed to #function in the same way as the main network.

Shibarium, the #Shiba Inu scaling #protocol released its beta version last week.

For such a #breakout to #materialize, Shiba Inu price would have to push out of the falling wedge pattern, as illustrated on the four-hour chart.

That said, Shiba Inu still has #another hidden card, which if played well, could launch the #meme coin 34% north of the 200-day EMA to highs above $0.000015.

Failure to ease through this hurdle (200-day) might prove #detrimental to Shiba Inu bulls #because bears will seize the opportunity and try to push the price below $0.00001110 while eyeing a retest of $0.00001.

 If SHIB flips this level into #short-term support, it could attract more #interest from retail traders, especially those on the sidelines and undecided.

The second and most #conspicuous aspect of the four-hour chart is the 200-day EMA #resistance at $0.00001148.

A daily close above $0.00001110 could serve as #confirmation that support is intact and the path with the least #resistance is to the upside.

#Remember, on the daily chart, the 100-day EMA is the #immediate resistance.

#Shiba Inu price is sitting above the 100-day EMA, which is #holding at $0.00001110 on the four-hour chart

 Buyers are #determined to hold onto the accrued gains, especially during this week’s #recovery ahead of the Federal Reserve decision on a possible interest rate hike on March 22.

The MACD #sustains the buy signal on the four-hour chart, but this time, it is #holding above the mean line.

and the seller #congestion areas at $0.000014 and $0.000018, #respectively.

#Nevertheless, Shiba Inu’s recovery journey is unlikely going to be smooth, #considering the potential resistance at the 200-day EMA (line in purple) at $0.000012

Furthermore, the #momentum indicator should generally move toward the mean line at 0.00 and the positive region above it – this would help improve #confidence in the uptrend.

#Investors are likely to keep their long #positions in SHIB intact as long as the MACD line in blue holds above the signal line in red. 

After Shiba Inu #dumped alongside the rest of the market due to the #collapse of Silicon Valley Bank (SVB), the MACD flashed a buy signal on the daily timeframe chart.

Despite the #immediate resistance, key momentum indicators like the Moving Average #Convergence Divergence (MACD) reveal a determined bullish front.

A break above this key #moving average remains critical for SHIB to uphold the #breakout from the falling trendline.

Reputation risk: #Depegging stablecoins risks the issuers’ and the larger cryptocurrency #ecosystem’s reputation.

This may entail #changing the stablecoin’s supply, the #collateralization ratio and other actions to boost trust in the stablecoin.

According to the texts, #cryptocurrency owners “are obliged to provide the authorized body with #information on their operations (deals) with digital currency at its request.”

 This is #something that the Bank of Russia has been insisting on in order to support the #legalization of mining.

This #includes fines in the millions of rubles and #prison time, the online news outlet Baza reported.

Russian #crypto miners will have to report their income and provide tax authorities with detailed #information about their digital assets, including wallet addresses, to avoid being prosecuted by the state.

The oil deals #between India and Russia have been settled in other currencies, putting the U.S. dollar’s #dominance in the oil trade under pressure.

#Duckett 28 and Salt 25 Off-spinner Mehedi Hasan #takes 4-12 in four overs

Circle said that while $3.3 #billion in #USDC cash reserves are held at SVB,

#Monday, the stablecoin issuer noted, “#USDC will remain redeemable 1-for-1 with the U.S. dollar.”

the  #stablecoin’s liquidity operations will resume #normally on Monday morning in the United States. #Circle said that the company’s teams would be ready on Monday to

#Picken played 198 games for the club but ultimately retired in 2019 due to ongoing #concussion symptoms.

Caro’s tells Clarko to ‘grow up’ as North coach called out over ‘#ridiculous’ clash with #TV journo

‘That #wrecked me, I was flat’: Ex-AFL star #exposes leak that led to viral video

‘Get f***ed’: #AFL great reveals wild #new details over sacking... and lifts lift on #THAT viral moment

At the time of #writing, USDC had lost over 10% of its value as it traded at $0.8774. #According to Dante Disparte the #resultant sell-off caused the price of the #stablecoin to fall below its $1 peg.

This is a normal risk-management #procedural step to take while we monitor the #situation,” the firm added.#specifically related to high inflows & the #increasing burden to support the conversion.

The undeclared goal of the #successive waves of illegal #immigration is to consider Tunisia a purely African country that has no affiliation to the Arab and Islamic nations,

Saied, who has #taken an increasingly authoritarian turn since suspending #parliament and dissolving the government in July 2021, said.

Alexander sees his #mother every day on video calls. But it's three #years since he last hugged her.

His great-aunt #Mercedes, who has been left in charge of the boy, receives money every month from #Alexander's mother.

Food, #clothes, even the school uniform, #everything is sent to me by Lourdes," she says.

Mercedes says that #Alexander does not feel his mother's absence too much #because he gets to see her on the screen of her phone.

Alexander is #convinced he will soon be reunited with his mother in the US and get to meet his little brother. "Next year, I won't be in Cuba #anymore," he tells his great-aunt.

In addition to offline #functionality, RBI is gauging CBDC’s potential for cross-border #transactions and linkage with legacy systems of other countries.

#India’s recently #launched in-house central bank digital currency (CBDC)