Crypto News Digest by U.Today
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Check out U.Today’s top four news stories of the past day.
Shiba Inu (SHIB) clues about a game changing move, what could it be?
The Shiba Inu Project may be facing a significant change in leadership, Shytoshi Kusama, shared another cryptic post on his Twitter page. In her usual allegorical fashion, Kusama wrote that she is currently moving “a few pieces of chess” while also listening to “Duel of Fates x Like a Dog Chasing Cars” by Pianistec on repeat. Many members of the SHIB community supported the management, praised his taste in music and encouraged him to continue his hard work. The founder of PawZone, known as JD’s updates on Twitter, also echoed Kusama’s comments, saying, “Nothing like epic music while building.” On his Telegram channel, the SHIB leader also hinted at a game-changing move for the project, with his comment reading “a lot going on behind the scenes.” The community is currently awaiting clarification and updates on what Kusama meant by his mysterious post.
Ripple Case Verdict Imminent: YouTuber BitBoy Crypto Urges XRP Community to Get Ready
According to a recent tweet from the popular YouTube blogger Ben Armstrong, also known as “BitBoy Crypto,” the verdict in the Ripple-SEC lawsuit could come literally any day at this point. He then recommended that those following the case stick to XRP and the XRP army, and those already invested in the Ripple-linked token brace themselves for potential profits. In his next tweet, Armstrong addressed the criticism he had received for his previous prediction that the Ripple case would be resolved in September 2021, which did not come true. He stated that it was the only time he ever gave a date, adding that his latest claim that the case will end soon is not a prediction, but rather a reference to the trial calendar.
Cardano (ADA) Flashes Head and Shoulders Pattern, Is Breakout Imminent?
Yesterday, Cardano’s original token, ADA, showed a 4% growth, complementing the more than 8% growth posted last week. According to crypto analyst Ali Martinez, the asset also formed a rare Head and Shoulders pattern in what could be considered bullish setup for another price run. Martinez believes that if ADA confirms the pattern without a breakout light, it could be the beginning of a new uptrend for the Layer 1 protocol. The analyst also noted that a breakout could bring at least a 44% growth that could push the cryptocurrency’s price to the $0.60 level. At the time of writing, ADA is changing hands at $0.4338, per CoinMarketCap.
Elon Musk is offering 1 million Dogecoin (DOGE) for this
Tesla’s CEO Elon Musk has taken to Twitter with a surprising offer: the centibillionaire said he will pay 1 million DOGE to anyone who can prove the existence of a mysterious emerald mine that some media claim belongs to his family. The rumor started circulating in the media space back in 2014 when Musk gave an interview to Forbes where he may have admitted that his father owned such a mine in Zambia. However, the article has been deleted and all that remains is the online archive page. It is still unknown if the rumors that Musk’s family allegedly owns the mine are true, but Musk seems eager to end such speculation once and for all.