Crypto.com has added SHIB support to its Visa payment card.

The Crypto.com team has included the Shiba Inu (SHIB) meme cryptocurrency and other meme coins in its Visa card payment system.

Integration into the Crypto.com Visa product means that SHIB can now be used for daily transactions. This innovation not only enhances the utility and value of the meme coin but also highlights the growing recognition of Shiba Inu in financial sectors.

Integrating Shiba Inu into real-world applications could boost the price and demand for a cryptocurrency dedicated to the cute Shiba Inu dog breed.

On the evening of June 20, Shiba Inu was trading at $0.00001805. The coin had a bearish week as its price fell by 15%. Hourly dynamics were also in the red by 1.1%. This decline was influenced by the downward movement of Bitcoin into the range of $64,000-65,000.

 

Dogecoin is entering the final consolidation stage, with analysts forecasting growth of 6,150%.

Crypto analyst Tardigrade provided information on the future trajectory of Dogecoin (DOGE). Based on his analysis, the leading meme coin could soon become God's candle, raising its price to unprecedented heights.

Trader Tardigrade predicted in a post on X (formerly Twitter) that Dogecoin will rise to $7.5 when it makes its “huge leap.” He made this prediction by reporting that meme coin formed a triangular consolidation, which is the last consolidation phase before Dogecoin made this massive move higher. The crypto analyst also revealed that these triangular consolidations have formed in every market cycle and usually occur just before a parabolic rally. Dogecoin. Trader Tardigrade has been bullish on DOGE for some time now and continues to post bullish descriptions of the meme coin.

 

Hackers attacked the Turkish crypto exchange BtcTurk.

Well-known analyst Colin Wu reported that one of the largest and oldest cryptocurrency exchanges in Turkey, BtcTurk, faced a cyber attack on June 22, 2024. As a result of the incident, deposits and withdrawals have been temporarily suspended. Representatives of the platform reported that hackers affected the balances in hot wallets of 10 virtual currencies at once. The exact amount of the theft is still unknown. However, cold storage, which houses the bulk of users' digital assets, remains secure.

 

The damage from the hack of the CoinStats platform amounted to $2 million.

The total amount of stolen funds as a result of the CoinStats exploit reached $2 million. This statement was made by the general director of the platform Narek Gevorgyan

Let us recall that on June 22, 2024, representatives of CoinStats warned users about a security incident that affected the service. Some owners of iOS devices received a notification allegedly informing them that they had won a prize in cryptocurrency. The project team urged not to click on the links and promised to investigate the incident. She later reported a vulnerability that only affected wallets created on CoinStats, not accounts on centralized exchanges.

 

Social Fitness Stepn Go is now available in the App Store.

According to BlockBeats, the social fitness app Stepn Go received 25 million votes and is now available for purchase in the App Store. Now players can take advantage of the program and take part in the Alpha game to try to win their first pair of sports bets. The launch of the program in the App Store marks an important milestone in its development, giving users a new platform to participate in social fitness activities. The Alpha Draw function adds an element of drawing and gardening for those who want to remain active and interact with the program. This is part of Stepn Go's ongoing efforts to expand the membership base and improve physical fitness through social activity.

 

Billionaire Mark Cuban has sold part of his NFT collection.

Billionaire Mark Cuban sold part of his NFT collection, including Pudgy Penguin, for more than $30,000 amid a general market decline. There were about 1,600 items left in his wallet.

 

This situation can be seen as a movement parallel to the downward trend of the overall cryptocurrency market. Cuban's move highlights the uncertainty and potential risks of the NFT market. Since the value of NFTs is often subjective and speculative, such declines, as well as general market conditions, may cause the value of a particular NFT to decline.

 

PancakeSwap launches an AI-powered prediction market on the Arbitrum network.

Multi-chain decentralized exchange (DEX) PancakeSwap has teamed up with Allora Network to launch an AI-powered prediction market on the Arbitrum network. The new prediction market will feature AI-focused price feed data sourced through PancakeSwap's new decentralized AI partner, Allora.

While the collaboration between PancakeSwap and Allora was made possible by Allora's machine-learning capabilities, PancakeSwap users can now predict Ethereum price movements on the Arbitrum network.

 

PolitiFi meme coins fall amid the Trump-Biden presidential debate.

Memcoins inspired by US President Joe Biden and candidate Donald Trump jumped to 53% as the pair battled it out during the first of two live presidential debates.

The "Make America Great Again" token TRUMP began to fall about 20 minutes before the June 27 debate began at 9:00 pm ET, falling 24.6% to $7.23 at current prices, CoinGecko data shows.

The Geo Boden Index (BODEN) was hit even harder, falling more than 53% from its June 27 high of $0.17 to $0.08 shortly after the debate. It has partially recovered to $0.091.

Super Trump (STRUMP) and BABYTRUMP (BABYTRUMP) also lost double digits during and after the debate.

Trump and Biden mainly discussed issues related to the economy, immigration, wars and abortion.

None of the speakers mentioned the cryptocurrency sector, and the moderators did not bring up the topic. This is despite the fact that three super political action PACs supporting the cryptocurrency industry have raised more than $200 million to influence the 2024 election.