Shiba Inu to Appoint Interim President – Here’s Why That Matters

TL;DR Shiba Inu is introducing its first-ever democratic process to appoint an interim president through a multi-phase election involving open nominations, debates, and final voting. Lead developer Shytoshi Kusama announced a shift toward community-led governance, encouraging SHIB whales to run for the position. The Elections Earlier this month, the popular meme coin project Shiba Inu celebrated its fifth birthday. Over the past half a decade, it underwent numerous developments, while Shytoshi Kusama unveiled the next one: the election of an interim president. The lead developer said the appointment of such a figure will happen after “fair elections,” whereas the voting will go through three sessions. “The first allows for anyone to be nominated, while the top 10 move onto the debate phase. Debates will take place LIVE or recorded on various platforms and times, while a secondary vote to find the top 3 will take place after one week,” the announcement reads. It is important to mention that anyone can nominate themselves for the position and will be required to create a profile to give the community some info about who they are. The final vote will take place one week after the debates between the three remaining candidates. The appointed president will be responsible for the well-being and future vision of the project and the proper execution of the Shib Paper guidelines. “They are to implement the first congress (consisting of the four DAO councils), which stands as the inter-branch DAO mentioned in the Shib Paper. Most importantly, they are responsible for the community of millions and the financial responsibility of a 7 billion dollar token,” Kusama added. According to the developer, the perfect candidate must combine “technological prowess, unwavering dedication, and impeccable vision.” Last but not least, Kusama recommended that the president be a whale in the SHIB community (an investor who has substantial holdings of the meme coin). “For this reason, I suggest a multi-vote system for this election where 1 token = 1 vote for any and all of the ecosystem tokens. In this way, whales should hypothetically win, which is aligned as they have the most skin in our success. Moreover, I implore the community to rigorously vet, check, and learn about all candidates,” they advised. What About Kusama? The lead developer argued that they have been deemed responsible for completing Ryoshi’s vision. To the uninitiated, Ryoshi is the pseudonymous creator of Shiba Inu who hasn’t revealed their identity. Kusama said their role now rests with the community, but said they will continue to post details on the election date and other updates. “We will continue working on innovation, and closely with the Treat Dao and strategies therein, and will continue pursuits outside of SHIB that align with our vision and often contribute to the ecosystem or DAOs. In this way, we continue as valued Shibizens of a system we helped build from nothing,” the developer concluded. The post Shiba Inu to Appoint Interim President – Here’s Why That Matters appeared first on CryptoPotato .

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Unveiling Crucial BTC Perpetual Futures Long-Short Ratios: Decoding Bitcoin Market Sentiment

BitcoinWorld Unveiling Crucial BTC Perpetual Futures Long-Short Ratios: Decoding Bitcoin Market Sentiment Understanding the pulse of the cryptocurrency market is crucial for any trader. One powerful tool for gauging this sentiment is analyzing BTC perpetual futures long-short ratios. These ratios offer a snapshot of how traders are positioned, revealing collective expectations for Bitcoin’s future price movements. Today, we delve into the latest 24-hour long-short ratios , providing you with vital crypto trading insights . What Do Long-Short Ratios Reveal About Bitcoin Market Sentiment? In the dynamic world of futures trading, a long position indicates a trader believes the asset’s price will rise, while a short position suggests an expectation of a price fall. The long-short ratio, therefore, represents the proportion of long positions versus short positions on a particular exchange or across the market. It’s a key piece of futures trading data that helps market participants understand prevailing sentiment. When the long percentage is higher, it signals a more bullish sentiment. Conversely, a higher short percentage points towards a bearish outlook. Monitoring these ratios provides valuable clues about potential market direction and areas of concentration for bullish or bearish bets. Diving Deep into 24-Hour BTC Perpetual Futures Data Let’s examine the most recent 24-hour BTC perpetual futures long-short ratios across major cryptocurrency exchanges. This data offers a fresh perspective on trader positioning: Total Market Overview: Across all monitored exchanges, the aggregate ratio stands at Long 49.92% and Short 50.08%. This indicates a remarkably balanced, yet slightly bearish, sentiment among traders overall. It suggests that bulls and bears are nearly equally matched, with a marginal lean towards short positions. However, the picture becomes more nuanced when we look at individual exchange data: Binance: Long 50.35%, Short 49.65% Bybit: Long 49.17%, Short 50.83% Gate.io: Long 49.06%, Short 50.94% These figures highlight interesting divergences. Binance, a dominant player, shows a slight majority of long positions, suggesting its user base is marginally more optimistic about Bitcoin’s immediate future. In contrast, Bybit and Gate.io exhibit a clearer leaning towards short positions, indicating a more bearish outlook from their respective trader communities. Understanding these differences can provide deeper crypto trading insights . Interpreting Bitcoin Market Sentiment from These Ratios The collective Bitcoin market sentiment , as reflected by these long-short ratios , appears to be at a critical juncture. The near 50/50 split across the total market suggests indecision or a standoff between bullish and bearish forces. A slight majority of short positions could imply caution or anticipation of a minor pullback, especially after recent price movements. For instance, Binance’s slight long bias might indicate that a significant portion of its traders are either buying dips or expecting a continuation of an upward trend. On the other hand, the more pronounced short bias on Bybit and Gate.io could suggest that traders on these platforms are actively hedging against potential downside or are positioning for a corrective move. This diverse positioning across exchanges underscores the complexity of predicting market moves based on a single metric. Actionable Crypto Trading Insights: How Can You You Use This Data? While futures trading data like long-short ratios provides valuable context, it should never be your sole decision-making tool. Instead, consider it as one piece of a larger puzzle for informed trading. Here are some actionable crypto trading insights : Gauge Overbought/Oversold Conditions: Extremely skewed ratios (e.g., 70%+ long or short) can sometimes signal an impending reversal. A very high long ratio might suggest an overbought market ripe for a correction, and vice versa. Our current data, however, indicates a relatively balanced market. Identify Divergences: Pay attention to discrepancies between overall market ratios and those of individual exchanges. These divergences can highlight where large pockets of sentiment are forming, potentially influencing price action. Confirm Other Indicators: Use long-short ratios to confirm or challenge signals from other technical analysis indicators (e.g., RSI, MACD, support/resistance levels). If your technical analysis suggests a bullish move and the long-short ratio is also leaning long, it strengthens your conviction. Risk Management: A balanced market, as seen today, often implies higher volatility or sideways movement until a clearer sentiment emerges. This knowledge can help you adjust your risk management strategies, perhaps by reducing position sizes or tightening stop-losses. Remember, markets are fluid. These ratios can change rapidly, reflecting shifts in trader psychology and external news events. In conclusion, monitoring BTC perpetual futures long-short ratios offers an unparalleled window into prevailing Bitcoin market sentiment . While the overall market appears finely balanced with a slight bearish tilt, individual exchange data reveals interesting nuances. By integrating these long-short ratios with other analytical tools, traders can refine their strategies and make more informed decisions in the ever-evolving crypto landscape. This crucial futures trading data empowers you to navigate the market with greater confidence. Frequently Asked Questions (FAQs) Q1: What are BTC perpetual futures? A1: BTC perpetual futures are a type of derivative contract that allows traders to speculate on the future price of Bitcoin without an expiration date. Unlike traditional futures, they do not settle physically and can be held indefinitely, mimicking spot price movements. Q2: How are long-short ratios calculated? A2: Long-short ratios are typically calculated by dividing the total number or volume of long positions by the total number or volume of short positions on an exchange or across multiple exchanges. A ratio above 1 indicates more long positions, while below 1 indicates more short positions. Our data presents it as a percentage split. Q3: Do long-short ratios predict price movements? A3: While long-short ratios provide valuable insights into Bitcoin market sentiment and trader positioning, they are not direct predictors of price movements. They are best used as a confluence indicator, helping to confirm or challenge signals from other technical and fundamental analyses. Extreme ratios can sometimes precede reversals. Q4: Which exchanges provide long-short ratio data? A4: Many major cryptocurrency exchanges that offer perpetual futures trading, such as Binance, Bybit, Gate.io, OKX, and others, provide their own long-short ratio data, often accessible through their analytics pages or APIs. Aggregators also compile this data from various sources. Q5: What does a 50/50 long-short ratio mean? A5: A 50/50 (or near 50/50) long-short ratio suggests a very balanced market sentiment, where bullish and bearish traders are almost equally positioned. This can indicate indecision, consolidation, or a period of potential sideways movement before a clearer trend emerges. It highlights a strong contest between buyers and sellers. Did you find these insights helpful? Share this article with your fellow crypto enthusiasts and traders to help them navigate the dynamic world of BTC perpetual futures and market sentiment! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Unveiling Crucial BTC Perpetual Futures Long-Short Ratios: Decoding Bitcoin Market Sentiment first appeared on BitcoinWorld and is written by Editorial Team

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Could Bitcoin (BTC) Be Forming a New Base Below $120K Amid Weak Buy-Side Interest?

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin (BTC) is

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XRP Skyrockets as Global Market Dynamics Shift

XRP witnessed a significant price surge from $2.91 to $3.02 in 24 hours. SEC's upcoming decision and SBI Holdings' ETF application drive market intrigue. Continue Reading: XRP Skyrockets as Global Market Dynamics Shift The post XRP Skyrockets as Global Market Dynamics Shift appeared first on COINTURK NEWS .

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Aged YouTube Accounts May Be Used to Promote Scam Crypto Trading Bots Targeting Ether Users

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Scam trading bots

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Bitcoin stabilizes at $114K – Yet ONE key metric warrants caution!

Bitcoin sets up for third base, but no strong hands yet.

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Time To Think Bigger: SEC’s ‘Project Crypto’ Has Not Been Priced In, Says Bitwise CIO

Bitwise CIO Matt Hougan weighed in on the Securities and Exchange Commission (SEC) Chair’s recent speech announcing the regulator’s new initiative to develop the digital crypto industry. Project Crypto, The ‘Most Bullish’ Document On Tuesday, Bitwise CIO Matt Hougan discussed the SEC Chair’s recent speech, titled “American Leadership in the Digital Finance Revolution.” In a memo to clients, Hougan affirmed that “the most bullish document (…) on crypto wasn’t written by some Yahoo on Twitter. It was written by the chairman of the SEC.” As reported by Bitcoinist, Paul Atkins outlined his vision for the financial markets over the next years in a speech to the America First Policy Institute. In the speech, the SEC Chain unveiled the “Project Crypto” initiative, which aims to transform the US into the “crypto capital of the world.” The commission-wide initiative is expected to modernize securities rules and regulations, enabling US financial markets to move on-chain and “help ensure that the United States remains the best place in the world to start a business, develop cutting-edge technologies, and participate in capital markets.” Atkins’s speech is “the most complete vision of how crypto can reshape financial markets,” the Bitwise CIO affirmed, arguing that it seems like the SEC Chair “took all the best ideas crypto supporters have been promoting for the past decade and packaged them in a single speech, along with details on how the SEC can actually make them happen.” Hougan suggested that the most obvious question is whether the SEC’s vision was priced in. If the markets were already anticipating the SEC shift from “crypto antagonist to crypto catalyst,” then it should already be factored into the price of most digital assets. Nonetheless, he argued that he realized it is time to “think bigger” and “move to a faster timeline” after reading the speech, concluding that “If it wasn’t priced in for me, I’m going to guess it wasn’t priced in for others.” Opening The Door For Key Opportunities In the memo, Hougan highlighted that there’s “a lot to unpack” from Atkins’s remarks, “you could build an entire venture capital firm around the chairman’s vision, creating companies to capitalize on each opportunity he lays out,” he continued. However, he asserted that three immediate investment opportunities stand out, starting with investing in Ethereum and other Layer 1 blockchains that support stablecoins and tokenization. He argued that, as US regulators and lawmakers work to modernize rules and create legal frameworks to bring the financial market on-chain, gaining exposure to the underlying platforms is crucial. The best approach is likely to buy a basket of the leading assets: Ethereum, Solana, Cardano, XRP, Avalanche, Aptos, Sui, NEAR, and so on. A second opportunity rises in what Atkins called “Super-Apps,” which are platforms offering a broader range of financial services. In the speech, the SEC chair argued that broker-dealers should be able to offer crypto and traditional trading, and services like staking and lending, without “requiring fifty-plus state licenses or multiple federal licenses.” To Bitwise CIO, platforms like Coinbase and Robinhood have embraced the super-app concept and “could become the largest financial services company in the world, maybe even becoming the first financial services company worth more than $1 trillion,” with the SEC’s roadmap . Lastly, Hougan affirmed that DeFi applications are another major opportunity standing out, explaining that these apps have surged in a “regulatory gray zone” that has constrained their growth. “DeFi is not just a technical revolution, but a conceptual one. And the chairman of the SEC gets it,” he highlighted, predicting that with more regulatory clarity underway, the sector could surge. Despite the lack of regulatory clarity, DeFi apps have significant usage. (….) With greater clarity, could these numbers rise by 10x? 50x? 100x? As traditional and crypto markets merge, the opportunity is huge.

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Bitcoin to $250K in Q4? XRP and ETH Analysts Make Bold Calls

Bitcoin bulls are back with a vengeance. After topping $123,000 earlier this year and breaking into a steady climb above $140,000, some top analysts are now forecasting a potential move toward $250,000 by Q4 2025. The driver? A potent mix of institutional capital, ETF momentum, and dwindling sell pressure from long-term holders. According to data from leading on-chain platforms, whale accumulation continues at a record pace, while major ETF inflows—especially from BlackRock and Trump Media’s Crypto Blue Chip ETF—are fueling new capital rotation into digital assets. This bullish setup is also lifting altcoins, with analysts now predicting sharp upside for both XRP and Ethereum. And in the background, presale assets like MAGACOIN FINANCE are gaining traction as retail and early-stage buyers look for the next asymmetric bet. XRP Sets Sights on $4.50 With New Legal Milestone XRP continues to ride waves of momentum, recently breaking past the $3.14 resistance and holding above key support at $3.03. Legal experts say Ripple is closing in on a final resolution with the SEC, which could open the door to XRP ETF approvals and expanded U.S. utility. Ripple’s recent application to launch the Ripple National Trust Bank —a federally regulated institution focused on custody and stablecoin operations—has only added to the bullish narrative. As traders digest this shift from courtroom drama to banking-grade infrastructure, the chart tells its own story. Analysts now see targets at $3.69, $4.50, and even $5.10 if breakout momentum holds into September. Ethereum’s Bullish Run Eyes $4,234 and Beyond Ethereum is surging, up over 40% in the past month and holding strong near $3,700. Analysts cite consistent inflows into ETH-focused ETFs, expanding tokenization products, and increasing L2 usage as key catalysts behind the rally. Current resistance lies at $3,881 and $4,234, but sentiment remains bullish into Q4. With Ethereum expected to play a leading role in future tokenized banking systems, it remains a cornerstone asset for both retail and institutional portfolios. While price action may see temporary retracements, the long-term trajectory appears to be tracking higher—especially if Bitcoin reaches that $250K milestone. Momentum Builds Around Viral Altcoin as Analysts Eye 40x Returns As Bitcoin leads the way and top altcoins follow, early-stage traders are turning to breakout projects that mirror previous cycles. One such name attracting major attention is MAGACOIN FINANCE. Bitcoin to $250K? MAGACOIN FINANCE Analysts Predict Bigger Upside with 40x Presale Surge , citing early whale activity, aggressive participation, and viral growth mechanics similar to early DOGE and SHIBA. What sets MAGACOIN FINANCE apart is the timing—it’s capitalizing on ETF-driven market optimism while still offering presale access, making it a high-conviction target for investors looking beyond the top 10. This convergence of trust signals and strategic whale action is making MAGACOIN FINANCE one of the most talked-about altcoins in the past month. Investors who missed XRP’s rise are watching closely – and some are already positioning accordingly. Conclusion: Bull Market Energy Is Returning With Bitcoin setting the pace toward $250K and altcoins like XRP and Ethereum showing strong bullish patterns, Q4 could mark the start of the most explosive phase of the 2025 cycle. But it’s not just the top coins gaining traction—MAGACOIN FINANCE is proving that early-stage plays are back in focus. As capital rotates and confidence returns, those positioned early may find themselves ahead of the next big move. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Bitcoin to $250K in Q4? XRP and ETH Analysts Make Bold Calls

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SolMining: Launches Solana Cloud Mining, Earn $10,000 a Day

BitcoinWorld SolMining: Launches Solana Cloud Mining, Earn $10,000 a Day In the rapidly changing world of cryptocurrency, Solana (SOL) has quickly risen to become one of the most popular blockchain platforms with its incredible speed and low transaction fees. Now, you don’t need to be a technical expert or purchase expensive mining equipment. SolMining has officially launched Solana Cloud Mining Contracts, providing users with an unprecedented opportunity to earn potential daily profits by mining SOL. Cloud Mining: Lowering the Barrier to Entry, Making Investment Within Reach SolMining cloud mining service differs from traditional mining models. Users avoid high hardware costs, complex equipment maintenance, and hefty electricity bills. Simply purchase a smart contract, and the system will generate revenue for you. Using a sophisticated withdrawal system, users can easily obtain cryptocurrencies such as SOL, XRP, and BTC. What’s special about SolMining? Sign up for a $15 bonus (you can purchase free mining to earn $0.5 per day). SolMining offers short-term contracts ranging from 5 to 40 days, with daily real-time settlement of profits and a 100% return of principal upon contract expiration. Users can withdraw or reinvest at any time to achieve rapid capital repatriation. Founded in 2017 and headquartered in the UK, the company is regulated by local laws. All earnings details, settlement records, and contract details are clearly visible, with no hidden fees, ensuring you’re trustworthy. Supports mainstream crypto assets such as BTC, DOGE, XRP, USDT, LTC, ETH, SOL, etc. Users can choose deposits and withdrawals according to their preferences. The platform uses technologies such as cold and hot wallet separation, full-link encryption, and risk control monitoring to ensure the security of user accounts and funds. The affiliate program allows you to earn up to 3%–1.5% commissions and earn up to $80,000 in rewards, starting a stable income path without any investment. How to start mining cryptocurrency? Register now and claim your $15 welcome bonus ! Flexible Mining Contract Selection We offer a variety of mining plans to suit different budgets and profit goals. Whether you’re a beginner or an experienced investor, you can find the plan that’s right for you. (Starter Contract) Amount: $100, 2-day term, fixed return: $107 (Basic Contract) Amount: $1,500, 15-day term, fixed return: $1,687.50 (Classic Contract) Amount: $3,000, 20-day term, fixed return: $3,786 (Premium Contract) Amount: $9,000, 30-day term, fixed return: $13,050 (Pro Contract) Amount: $30,000, 35-day term, fixed return: $47,010 (Pro Contract) Amount: $55,000, 40-day term, fixed return: $92,400 Enjoy automatic daily returns Once your contract is activated, your dedicated mining machine will immediately begin operating efficiently for you. The system accurately calculates and distributes daily profits every 24 hours. You can withdraw or reinvest your funds at any time, ensuring your returns continue to grow. About SolMining SolMining is a global cloud mining platform focused on sustainable energy. Founded in 2017 and headquartered in the UK, the company provides efficient, secure, and transparent computing services to users worldwide. The platform supports a variety of major cryptocurrencies, including Bitcoin (BTC), Dogecoin (DOGE), and Ripple (XRP). All SolMining data centers are located in regions with high levels of renewable energy and utilize solar, hydropower, and wind power for low-carbon operations. The platform offers flexible, short-term smart contracts, a stable revenue mechanism, and flexible payout channels in multiple currencies. This allows users to easily participate in mining without the need for hardware or technical knowledge. For more information, please visit the official website : https://solmining.com Or contact us by email : info@solmining.com This post SolMining: Launches Solana Cloud Mining, Earn $10,000 a Day first appeared on BitcoinWorld and is written by Keshav Aggarwal

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Crypto trader bot scam on YouTube looted 256 ETH: SentinelLABS

Aged YouTube accounts with a history of posting crypto news and investing tips have been taken over by bad actors to advertise a scam trading bot that steals crypto.

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