Paigambar Mohan Raj

3 weeks ago | watcher.guru | Paigambar Mohan Raj

Shiba Inu (SHIB) had a legendary run within a few months of its launch in August 2020. Since its debut till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price had risen by many million percent. Early investors made big gains with small investments. The rags-to-riches stories around SHIB made it a popular asset among new investors who wanted to make it big in a short time. In 2021, SHIB saw incredible growth that made it one of the greatest headlines of the year.

3 weeks ago | watcher.guru | Paigambar Mohan Raj

The number of nations supporting de-dollarization has grown significantly over the past 10 years. Several countries are tired of the US dollar’s role as the main global currency. An increasing number of trade partners have agreed to use local currencies for trade. Many people often refuse to notice the clear signs. There has been a noticeable weakening in the dollar’s reputation in the last decade. Does the world currently have what it takes for a non-US dollar system to work?

3 weeks ago | watcher.guru | Paigambar Mohan Raj

The cryptocurrency market has faced a substantial price correction today. Bitcoin (BTC) has dipped to the $103,000 level after its climb to an all-time high of $111,814 last month. The latest market correction marks the second dip in two months. Solana (SOL) is also following the market-wide correction. The sixth-largest cryptocurrency by market cap has fallen 3.4% in the daily charts, 10.8% in the weekly charts, 18.9% in the 14-day charts, and 14.4% since June 2024.

3 weeks ago | watcher.guru | Paigambar Mohan Raj

Bitcoin (BTC) experienced one of its most significant rallies in May of this year. The original crypto’s price surged to an all-time high of $111,814 on May 22. BTC’s price has since faced a slight correction. The asset has fallen by 6.4% since its May peak. BTC’s incredible rally last month was likely due to a surge in institutional investments. BlackRock, the world’s largest asset manager, purchased more than $3 billion worth of BTC in May.

3 weeks ago | watcher.guru | Paigambar Mohan Raj

The cryptocurrency market continues to slump as we enter June. The market experienced a euphoric rally in May. Bitcoin (BTC) climbed to an all-time high of $111,814 on May 22. Ethereum (ETH) also registered massive rallies in early May after the Pectra update. The market has since faced a substantial correction. BTC’s price has fallen to the $104,000 level. Most major assets are trading in the red zone today. The dip could be due to increased outflows arising from investors fearing high volatility.