Q&A | ‘Pilots Designed to Showcase Innovation Tend to Die as Pilots’ – A Chat with Sustainability and Innovation Lead, Cardano Foundation BitKE
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Bitcoin’s recent bounce may look like a sign of renewed strength, but the price action tells a more deceptive story. With downside liquidity still thin and support holding firm, the market appears primed for a move that draws in eager bulls rather than rewarding them. This rally could be less about recovery and more about setting the stage for maximum pain when sentiment flips.
Aligning The Mid- And Long-Term Bitcoin Outlook
During an in-depth technical and psychological analysis, Mr. Wall Street explained that his broader outlook on Bitcoin had already been clarified a week earlier, after some confusion around his mid and long-term stance. With those time horizons now clearly defined, he turned his focus to the short-term picture, outlining current market behavior.
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He reiterated that while his mid-term bias on Bitcoin remains bearish, the short-term structure has turned bullish. The reason centered on insufficient downside liquidity to justify market makers initiating the next major leg lower. This imbalance supported the case for a temporary relief move to the upside.
Thus, Mr. Wall Street placed long positions around the Value Area Low between $80,000 and $84,000 on a bounce that could later evolve into a bull trap. Shortly after, Bitcoin dipped and successfully retested the $84,000 level, which aligns with the weekly MA100, following several deceptive upside moves.
As a result, his long orders were filled as planned, leaving him holding a position from $84,550. The analyst noted that he plans to exit only in the $98,000–$104,000 zone, where a Fair Value Gap converges with heavy liquidity, making it an ideal area to take profit.
Being In Longs Doesn’t Change The Macro Bearish Thesis
Mr. Wall Street clarified that holding long positions does not signal a bullish shift on Bitcoin. The broader outlook remains bearish, with expectations for the next major downside move toward the $64,000–$70,000 region. In the short term, Bitcoin is sitting at strong support while downside liquidity is limited, which reduces the probability of an immediate continuation lower.
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A more logical scenario involves market makers engineering a bullish move to attract retail participation. As late buyers enter long positions, they gradually become exit liquidity, setting the stage for a larger downside move once sufficient liquidity is built.
He also mentioned the $68,000–$74,000 zone had become too widely anticipated to function as a true “maximum pain” area capable of resetting market structure. For that reason, the downside target was revised lower to the $64,000–$70,000 range, with expectations that this zone could be reached in late Q1 or early Q2 of 2026. This level represents an initial major target rather than the final bottom.
Recent price action was highlighted as a clear example of these dynamics. Bitcoin’s rapid move from $87,000 to $90,000, followed by a sharp drop to $85,000 within hours, resulted in widespread liquidations. Many traders chased the upside and were quickly trapped, and fake moves in both directions are likely to continue as liquidity is built ahead of a larger move lower.
Featured image from Pixabay, chart from Tradingview.com
Ordinal Technology Unlocked the True Power and Designed an … Digital Journal
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Feed3 Is The Web 3.0 Project Designed To Reward Feedback For Games Built On Cardano And Several Other Networks
Web 3.0 is still developing with endless possibilities to be explored in the virtual universe. Currently however, play-to-earn games/ecosystems have established themselves well in the metaverse, with more of them hitting the cryptocurrency market daily. But not many more than a few of them stay afloat for more than a year, largely due to a lack of feedback, a problem Feed3 was built to address.
Blockchain crypto technology keeps looking for ways to empower its users as the internet and digital world evolve. Web 3.0 is still in developmental stages, with the metaverse, video games, and play-to-earn ecosystems bringing the primary innovative products. Developers are now exploring networks, including Cardano (ADA), to build games that could be played in the metaverse and also be a source of income for their players.
These games however, only see the limelight for a few short months and sink like they never existed. This is due to most of them being profit-driven and are not attentive to the plight of their players to the point of improving their games and becoming a discipline. Feed3 (FD3) is a solution to help its users earn money from feedback and allows video games and play-to-earn ecosystems to gather enough data to improve.
Feed3 (FD3) is the first of its kind as an audio feedback tool to enable players in the web 3.0 space to relay their experience to the developers of their favorite blockchain games or decentralized apps. This audio feedback will be made possible using AI-powered voice recording that takes your reviews in plain English. Furthermore, as a means to ensure players are getting value by using the tool, Feed3(FD3) uses a Feedback-to-Earn model where you can earn FD3 tokens.
Feed3 (FD3) Uses A Deep Neural Network (Freeda) To Reward Players For Feedback Given On P2E Games Developed On Networks, Including Cardano (ADA)
The Feedback-to-earn initiative uses a deep neural network known as Freeda that helps analyze players’ reviews and distributes FD3 tokens appropriately. Whether you’re playing a game created on Cardano (ADA) or any other network, Freeda uses its technology to determine the length of the recording, the emotions expressed, the accuracy/precision, and the sincerity of the recording.
All this feedback is vital to the amount of FD3 tokens given to players. Also, Freeda takes note of your intonation, emphasis, and speaking pace in the audio feedback. However, Freeda is powered by 10,000 iNFTs (Intelligent NFTs) that range from $2000 to $3000.
These iNFTs process your audio feedback on games and generate the FD3 tokens. You can also sell iNFTs and the accrued data on them. Freeda, in conjunction with iNFTs will ensure speech processing, audio classification, onset detection, noise cancellation, lightning speed data transfer, and an anti-scripting mechanism for audio feedback.
As you get on Feed3 (FD3) to use the took on Cardano (ADA)-powered games and others, you stand a chance to get bonuses in the form of more FD3 tokens. For example, when you buy FD3 tokens with ETH, BNB, USDT TRC-20, USDT ERC-20, and BTC, you stand a chance to get 10%, 12%, 15%, 10%, and 12% more tokens. Also, when you sign-up on Feed3 and purchase FD3 tokens within 15 minutes, you get 40% more tokens.
The Intelligent NFTs (iNFTS) Of Feed3 (FD3)
iNFTs will ensure Feed3 (FD3) conveys a decentralized attitude in the deep neural network – Freeda. This will be followed by an authenticity record, inclusive growth, transferability, economic opportunities availability for users, and transparency on audio feedback. These iNFTs are a group of 10,000 NFT avatars on Ethereum, working with Freeda’s AI language model “engines.”
Depending on the level of the iNFT, FD3 users can record longer audio feedback, hence earning more FD3 tokens.
Feed3 (FD3) is an initiative that will help web 3.0 progress faster and better in its developing stage. The project is highly valuable for its features and will make good profits for its token holders in the long run.
Feed3 (FD3)
Presale: https://presale.feed3.io
Website: https://feed3.io
Telegram: https://t.me/Feed3Official
Twitter: https://twitter.com/Feed3Token
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Dogecoin (DOGE) is rolling out an upgrade offering “important security updates and changes to network efficiency.”
Dogecoin developer Patrick Lodder says the upgrade will lower the meme coin’s recommended dust limits by around 99%.
“This release changes the recommended dust limit for all participants on the Dogecoin network from 1 DOGE to 0.01 DOGE.”
Dust limit is the lowest amount an address requires to use a crypto network.
According to the Dogecoin developer, the dust limit was imposed eight years ago to fight the biggest threat that Dogecoin faces – spam.
“The Dogecoin chain has a relatively low block interval, 1-megabyte blockspace and aims to provide a cheap means for people to transact. Therefore, the biggest threat to the Dogecoin chain as a whole is spam and in 2014, a transaction fee and dust disincentive were introduced, to combat on-chain spam.”
Other fixes Dogecoin has introduced are security-related, including getting rid of the largely unused peer-to-peer alert system and disabling alert messages.
Dogecoin also says the upgrade will make the management of computing resources, especially during instances of high traffic, more efficient and resilient.
“Significantly reduce the impact of peers that withhold transaction information (accidentally or otherwise) in the announcement stage, before the transaction is mined, by enforcing strict controls, limits and timeouts on all transaction announcements and giving preference to outgoing connections when deciding which peer to request transaction information from.
This improves the resilience of the entire network and improves reliability of transaction relay throughout.”
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Featured Image: Shutterstock/JeannieR
One of the most important trends in the cryptocurrency space over the past year is meme coins. The rise of Dogecoin has led to the creation of a wide range of other meme coins as investors flocked to them in hopes of making money.
Dogecoin rallied by more than 7,000% at some point earlier this year, attracting more people to the cryptocurrency world. As a result, investors started to focus on other meme coins and invest in them looking to make as much profit as Dogecoin did.
One of the biggest meme coins in the market is Shiba Inu (SHIB), the coin designed to “kill Dogecoin” and overtake it in the market. However, for those who are hearing about it for the first time, here is everything you should know about Shiba Inu.
What is Shiba Inu?
Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that features the Shiba Inu dog. SHIB is considered by many to be an alternative to Dogecoin. However, the Shiba Inu coin was created to be the “Dogecoin killer.”
SHIB is a meme coin based on the Japanese Shiba Inu dog. The meme coins are usually launched as an inside joke rather than as digital products with real-world utility although Dogecoin has been around since 2013, Shiba Inu was launched in August 2020 by an anonymous individual or group called Ryoshi.
According to the 28-page whitepaper or woof paper, the goal of Shiba Inu’s creator was to move away from the rigid social structures and traditional mindset. Shiba Inu is designed to be an experiment in decentralized spontaneous community building” and to give power back to the “average person.”
How Does Shiba Inu Work?
Shiba Inu is an Ethereum-based token, which means that it is compatible with the vast Ethereum ecosystem. According to the developer, the Ethereum blockchain was the perfect host for Shiba Inu because it was already secure and well-established, and it allowed the project to stay decentralized.
The Shiba Inu ecosystem is comprised of three tokens and other services that users can enjoy. The three tokens are;
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Shiba Inu (SHIB): SHIB is the project’s main currency. It is the token that powers the entire Shiba Inu ecosystem and has a total supply of 1 quadrillion. However, the developer locked 50% of the supply in Uniswap for liquidity purposes while Ethereum co-founder Vitalik Buterin was tasked with holding the remaining 50%. Buterin sold some of the tokens in his possession and donated the money to a Covid-19 relief fund in India, an act that further pushed SHIB’s price higher. Buterin burned 40% of SHIB’s total supply, reducing the possible amount available to users.
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Leash (LEASH): This is the second token in the Shiba Inu ecosystem and it represents the other side of Shiba. Its total supply is 107,646 tokens, far below the trillions of Shiba Inu tokens.
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Bone (BONE): This is the governance token of the Shiba Inu ecosystem. It allows the ShibArmy to vote on upcoming proposals and has a total supply of 250 million tokens.
There are other sides to the Shiba Inu ecosystem and they include;
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ShibaSwap: This is the decentralized exchange of the Shiba Inu ecosystem. This is an exchange designed to allow people to trade cryptocurrencies in a decentralized manner.
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Shiba Inu Incubator: The incubator is designed to discover ways to honor the creativity of artists outside of the traditional artforms. It aims to breed genuine creators of art and other content.
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Shiboshi: These are Shiba Inu-generated Non Fungible Tokens (NFTs) available on the Ethereum blockchain each Shiboshi has a different trait, making them unique.
Is Shiba Inu Real Money? Why has it Rallied so Much?
It is tough to think of Shiba Inu as real money. The cryptocurrency space has evolved over the past few years to involve stablecoins. Stablecoins are digital currencies whose values are tied to fiat currencies. They are the most likely to be considered real money.
We also have some coins such as Bitcoin, DASH, Litecoin and some others that are designed to serve as currency and have received adoption in various parts of the world. However, Shiba Inu is a meme coin, and is hard to consider it as real money.
SHIB has been one of the best performing cryptocurrencies so far in 2021. Over the past three months alone, SHIB has added more than 500% to its value. It briefly overtook Dogecoin in terms of market cap.
The rally was caused by a wide range of things including getting listed on the Coinbase cryptocurrency exchange a few weeks ago. The rally brought so much media attention to SHIB and more investors flooded into the cryptocurrency.
Tesla founder Elon Musk added fuel to the fire when he tweeted a picture of his new Shiba Inu puppy Floki last month. thus, generating massive retail investor interest in the meme token.
The launch of the Shiba Inu NFTs also added to the excitement as NFTs are gaining popularity in the cryptocurrency space and beyond. There are currency unconfirmed rumors that popular stock and crypto trading app Robinhood is set to list SHIB on its platform. All these contributed to Shiba Inu recording massive gains in recent weeks.
Shiba Inu Wallet
As one of the top 20 cryptocurrencies in the world, SHIB is very valuable in the crypto space. It is an ERC-20 token, which means that it can be stored in numerous wallets that support Ethereum-based tokens. Some of the wallets you can use to store your SHIB tokens include;
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Ledger Nano X (cold storage wallet)
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Trezor (cold storage wallet)
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Trust Wallet
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Ellipal Titan (hardware wallet)
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MetaMask
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Coinomi
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Lumi wallet
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CoolWallet
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Guarda Wallet
Final Thoughts
Shiba Inu is one of the top 20 cryptocurrencies by market cap and was designed to be the “Dogecoin killer”. It rallied by thousands of percentages since the start of the year, outperforming numerous cryptocurrencies in the process.
This article was originally posted on FX Empire