Shytoshi Kusama announces plan for global SHIB adoption, hold on tight
On Saturday, December 16, Shiba Inu leader Shytoshi Kusama took to the X platform to communicate with the vast community of SHIB enthusiasts. He praised the transaction milestones recently achieved by the Shibarium and touched on the topic of “billions of SHIB getting ready to roast,” teasing the announcement that will take place this week.
However, Kusama emphasized that in order for these massive roasts to have an impact on the price of SHIB, Shiba Inu must achieve global adoption. The leader then outlined his plan to make this happen. First, leaders of decentralized SHIB projects, Shiba Inu early adopters and those who are tired of the status quo “must usher in a new era of crypto, blockchain and “Web3. Second, the next “partnershib” and its purpose will allow the SHIB team and community to reach the finish line of “this groundbreaking experiment known as Shiba Inu.”
Ripple: Epic 2024 Prediction After SEC Lawsuit
In the outgoing year of 2023, Ripple emerged victorious in its long-running legal battle with the SEC. The fintech giant’s victories include the admission that the XRP token is not a security in its entirety, and the dismissal of all remaining charges against its top executives, Brad Garlinghouse and Chris Larsen. In light of this, the company’s CLO Stuart Alderoty shared his thoughts on politics and crypto regulation for the coming year.
Alderoty predicts that 2024 will finally see the end of the SEC‘s case against Ripple, but that the SEC’s campaign of regulation by enforcement will continue against other industry leaders. His second prediction is that judges will continue to be the last line of defense against SEC overreach, and the SEC will continue to lose major cases in court. Alderoty’s final prediction was that Congress will agree in principle on crypto regulation, but disagree on the best course of action, leaving U.S. crypto companies at a standstill.
Bitcoin (BTC) Price to $1 Million is Arthur Hayes’ Next Target
BitMEX co-founder and analyst Arthur Hayes has a new, bold price target for bitcoin: $1 million. Hayes is known for his bullish predictions, which he often sticks to even in the face of market declines or general skepticism. His conviction is based on his perception of the inherent value of bitcoin and its potential to completely change the financial system.
This $1 million goal is about more than just making money; it is about bitcoin’s potential to be the foundation of a new financial order. However, it is crucial to exercise caution when approaching such price targets. For bitcoin to reach $1 million, it would have to undergo a major restructuring of the current financial system, in addition to becoming widely accepted and recognized as a store of value.
