• Shiba Inu (SHIB) is a top cryptocurrency among retail investors due to its high development potential.
• The wide adoption of cryptocurrencies can affect the price of SHIB in the future.
• The Shiba Inu community is awaiting the release of Shibarium, a layer-2 scaling solution which will benefit the environment by speeding up and lowering the cost of transactions.
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is an ERC-20 token that keeps staying among the top cryptocurrencies among retail investors due to its high development potential. It has quickly become one of the market’s most frequently discussed cryptocurrencies as more people continue to deal in cryptocurrencies.
What Factors Affect The Price Of SHIB?
The demand for SHIB may climb along with investor interest as more people continue to deal in cryptocurrencies. Additionally, SHIB could see an increase in worth from any important partnerships or developments such as Shibarium, which is a layer-2 scaling solution being eagerly awaited by the community without having an official release date yet.
How Is Shibarium Expected To Benefit The Environment?
Shibarium is expected to improve scalability on Ethereum by speeding up and lowering the cost of transactions, thus benefiting the environment. Additionally, it will work with Ethereum (ETH) to carry out transactions on the Shibarium ecosystem, lightening the total burden thereby optimizing blockchain performance and efficiency.
What Is The Current Price Of SHIB?
According to CoinMarketcap, SHIB currently trades for $0.00001253 with a $279,474,649 hour trading volume at present time and has decreased by 4.17% during the past 24 hours.
Will Shibarium Boost The Price Of Shiba Inu (SHIB)? It remains to be seen whether or not Shibarium will boost the price of Shiba Inu (SHIB). However, if there are any important partnerships or developments associated with this project then it can have a positive effect on its overall value and potentially increase its worth over time.
• Koinbazar, a global crypto exchange, will rebrand to “KoinBX” on Feb 19, 2023.
• The project’s new look is meant to reflect upcoming features of the exchange and create an identity for the platform.
• KoinBX promises safety and security of user data and funds with multiple security protocols.
Koinbazar Rebrands to “KoinBX”
Koinbazar, a global crypto exchange where users can buy, sell, and trade crypto, will be rebranding to “KoinBX” on February 19th 2023. With this change in name comes a change in look that reflects upcoming features of the exchange as well as creates a new identity for the platform.
Goals Behind Rebranding
The main goals behind this rebranding are firstly to facilitate the entry of crypto projects and traders into the platform. Secondly, we have had experience with clients that has allowed us to gain a deeper understanding of the market and technology in which we operate. Lastly, our team at our exchange has become a principle force behind this change.
Features & Security Protocols
As a centralized exchange, KoinBX assures safety and security of its users’ data and funds as the system is integrated with multiple security protocols. Furthermore, it pays proper attention to fraud checks so no promising crypto startup fades out unnoticed. If you’re looking for fresh tokens to trade then welcome to KoinBX!
Regulatory Compliance & Customer Interests
It is impossible for KoinBX to accomplish anything without respecting regulatory compliance and safeguarding customers’ interests while onboarding millions of users worldwide into crypto through its revamped platform.
KoinBX is an ever-growing global cryptocurrency exchange where traders can buy, sell, and trade cryptocurrencies in an authentic, reliable, and encrypted class of system. For more information or updates please visit their website or social media platforms like Twitter or Telegram!
• KuCoin Token (KCS) is a profit-sharing token that allows traders to draw value from the exchange.
• The current market status of KCS is $8.47 with 24-hour price change of 3.5% down.
• The KCS price prediction for 2023 is bullish with a range between $8.774 and 14.513, and it could reach $25 soon.
What is KuCoin Token (KCS)?
KuCoin Token (KCS) is the native token of KuCoin, which is a profit-sharing token that allows traders to draw value from the exchange. It was established as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin has also announced that Empowering KCS will be a priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. It employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.
KuCoin Token (KCS) Current Market Status
The current market status of KCS is $8.47 with 24-hour trading volume at $1,867,244, and 24-hour price change of 3.5% down in circulation supply 97,385,672 according to CoinGecko data source. All time high recorded on December 01 2021 was 2883 USDT/KSC pair on CoinGecko platform.
Kucoin Token (KCS) Price Prediction 2023
The chart laid out the descending channel pattern which indicates bearish market trend currently in place for KSC/USDT pair on Tradingview platform with current price 874 USDT/KSC pair as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone along with resistance level 1 877 USDT/KSC pair & support level 8494 USDT/KSC pair respectively as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone according to Tradingview Data source for this particular cryptocurrency asset class only .
Kucoin Token (KCS) Support & Resistance Levels
From daily time frame we can clearly interpret support & resistance levels for this crypto asset class i e ; resistance level 1 stands at 877 USDT/KSC & support level stands at 8494 USDT/KSC respectively as per today’s date 9th Febuary 2023 6:30 PM UTC + 5:30 Time Zone according to Tradingview Data Source for this particular cryptocurrency asset class only .
In conclusion , our analysis indicate bullish trend in upcoming years for Kucoin Token (Kcs )with price prediction ranging between 8774 USDT – 14513 USDT where it may even reach 25 USTD if market conditions remain favourable during course of next few months or years .
• Kang Jong-hyun, the older brother of Kang Ji-yeon, the CEO of a Bithumb subsidiary, has been arrested on suspicion of embezzlement.
• Prosecutors allege that the brothers plotted to use the sale of convertible bonds to illegally syphon money and manipulate stock prices of Inbiogen and Bucket Studio.
• On January 10th, Bithumb’s Seoul offices were searched by investigators as part of a tax investigation.
Kang Jong-hyun, the 41 year-old older brother of Kang Ji-yeon, the CEO of a Bithumb subsidiary, was arrested on February 2 on suspicion of embezzlement. Prosecutors allege that the brothers plotted to use the sale of convertible bonds to illegally syphon money and manipulate stock prices of Inbiogen and Bucket Studio, a video production company. The Seoul Southern District Court had issued an arrest warrant for Kang Jong-hyun on many allegations, including dereliction of duty, market manipulation, and fraudulent transactions.
Vidente is Bithumb’s largest stakeholder, owning a 34.2% holding of the company’s stock. In response to the allegations, the CEO of Bucket Studio, Kang Ji-yeon, issued an apology to shareholders on the company’s website and stated that he would cooperate with authorities in their investigation.
Based on reports, a probe of the biggest cryptocurrency exchange in South Korea was initiated on January 10th. As part of the continuing tax investigation, investigators searched Bithumb’s Seoul offices. The investigation was based on charges of theft and market manipulation, with a particular focus on Kang Jong-hyun.
With the arrest of Kang Jong-hyun, the true owner of Bithumb, South Korea’s biggest cryptocurrency exchange, the case has been brought to the attention of the public. This case may have serious implications for the cryptocurrency industry in South Korea, as it could be seen as an example of the potential dangers of investing in the industry. Nevertheless, it is yet to be seen how this case will be resolved and what the consequences will be.