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MainNewsShiba Inu: S...

Shiba Inu: SHIB On Track To Rise 100% To Claim $0.00003: Here’s Exactly When


Jan, 30, 2025
3 min read
by Juhi Mirza
for Watcher.Guru
Shiba Inu: SHIB On Track To Rise 100% To Claim $0.00003: Here’s Exactly When

The Shiba Inu Ecosystem is currently undergoing a transformative overhaul. With Shytoshi Kusama, the SHIB ecosystem’s lead developer, shifting to another role of a global ambassador, the community is pondering hard, contemplating the next big step that the ecosystem will be moving towards. In this wake, the SHIB ecosystem has also hinted about a new major collaboration.

Also Read: Cardano: ADA To Surge 146% To Sit At $2: Here’s When

Shiba Inu’s Major Announcement Update

shiba inu money
Source: Watcher Guru

Shiba Inu’s ecosystem lead, Shytoshi Kusama, has recently embraced the new role of being a global collaborator. This means Kusama will now be heading a new division, a segment that involves onboarding deals and partnerships that help the SHIB ecosystem avail new price valuations and popularity.

In this wake, Kusama has already teased a major partnership that is set to transport SHIB to a whole new level. Per Kusama, SHIB is ready to ink a major partnership with a powerful collaboration with a mystery firm/entity, sparking a wild rumor spree on X.

“SHIB, the ecosystem, brand, meme, operating system, and network state has an EXTREMELY powerful partnership announcement coming SOON. I know many of you influencers out there book your X SPACES early. So if you are interested in having me speak on any of the above, post below👇.

Kusama has earlier announced plans to shift his focus towards SHIB’s expansion. To achieve the aforementioned goal, Kusama left his earlier role as a lead developer in the ecosystem to head a new vision altogether.

“A NEW ROLE: SAME MASK. DIFFERENT TASK. Actually, a new mask, as the old one is destroyed from months of travel, lol. I digress as I will be moving into a new role. But fret not, Shib Army; this is a very necessary change. I will now be Shiba Inu LEAD AMBASSADOR (if you don’t mind). My job moving forward will be to guide projects interested in building with the 36 Chambers of Tech. (Rebranded to ShibOS simply because there are more than 36 now) and helping them implement global solutions at all levels with our technologies.”

Also Read: Ripple: ChatGPT Rival DeepSeek Predicts XRP To Hit $5

The Token’s Trajectory to $0.00003

Such exciting aforementioned developments may usher in a positive price momentum for SHIB, which can translate into something huge in terms of SHIB price valuation. If the momentum continues to support the token, Shiba Inu can easily avail a new price high in no time.

Per CoinCodex, the next six months are pivotal to SHIB. CC predicts the token to hit the $0.00003 price mark within the next six months.

SHIB STATS
Source: CoinCodex

“Based on our algorithmically generated price prediction for Shiba Inu. The price of SHIB is expected to increase by -1.01% in the next month and reach $0.00001834 on Mar 1, 2025. Additionally, Shiba Inu’s price is forecasted to gain 100.91% in the next six months and reach $0.00003722 on Jul 29, 2025. Finally, Shiba Inu is expected to trade at $0.00003574 on Jan 30, 2026. Following a 92.89% value decrease in one year.”

Also Read: Powell’s Fed Shift Sends Bitcoin Soaring 15% to $105K Before Meeting

Read the article at Watcher.Guru

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MainNewsNorway’s Cen...

Norway’s Central Bank’s now owns MicroStrategy shares


Jan, 30, 2025
2 min read
by Florence Muchai
for CryptoPolitan
Norway’s Central Bank’s now owns MicroStrategy shares

Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has disclosed that it owns over $500 billion worth of MicroStrategy (MSTR) equities. The fund also recently revealed its 2024 investment returns, collecting heavy profits from the US tech stock markets.

Per the wealth firm’s records, as of the end of 2024, its total MSTR shares were valued at approximately $514 billion. NBIM has also made several investments into other Bitcoin-affiliated companies, such as MetaPlanet, Coinbase, Globant, Mara Holdings and Riot Platforms.

NBIM MSTR shares – Source NBIM

NBIM has been investing in the Michael Saylor-led business intelligence since 2008, years before the startup launched to its BTC acquisition strategy. It is unclear whether the Norwegian fund holds the shares to gain exposure to the crypto.

NBIM indirect Bitcoin exposure grows

As revealed in a January 29 X post by Vetle Lunde, Head of Research at K33, the fund’s indirect Bitcoin exposure from its MSTR shares grew by 1199.7341.

Source: NBIM

Lunde also pointed out that the fund’s exposure surged by 153% in 2024, which he attributed to corporate Bitcoin treasury strategies spearheaded by figures such as MicroStrategy’s Saylor, Twitter co-founder Jack Dorsey, and Marathon Digital CEO Fred Thiel.

The K33 Research head further explained that NBIM’s Bitcoin exposure in US dollar terms grew from $23 million in 2020 to $356 million in 2024. By December 31, 2024, the fund’s total indirect Bitcoin exposure reached 4 billion Norwegian Krone. 

Record profits from rising tech investments

According to a January 29 Reuters report, NBIM recorded a 2024 annual profit of 2.51T Norwegian Krone ($222B).

The gains were primarily driven by the strong performance of US technology stocks. Nearly half of the returns came from the tech sector, and Nvidia, Apple, and Microsoft were among the top contributors to the fund’s profits. 

As of the end of last year, the fund owns a whopping $43 billion worth of Microsoft Corporation (MSFT), $42.9 billion of Nvidia Corp (NVDA), and $46.2 billion of Apple Inc (AAPL) shares, per records on its website. 

NBIM CEO Nicolai Tangen asserts, “[2024] was a very strong year.” However, he warns that such returns are not guaranteed in the future. To the investors, he says, “I just want to warn again that this will not last forever [for future markets].”

The fund’s overall return on investment for 2024 stood at 13%, which is 0.45% below its benchmark index. Equity investments yielded an 18% return. 

In addition, fixed-income investments brought in just 1%. Finally, unlisted real estate saw a decline of 1%, and renewable energy infrastructure recorded a steeper loss of 10%.

Despite its growing Bitcoin exposure, the fund’s asset allocation has undergone adjustments. By the end of 2024, equities made up 71.4% of the portfolio, an increase from 70.9% in 2023.

NBIM’s bond investments declined slightly to 26.6% from 27.1%. Also, unlisted real estate investments fell to 1.8% from 1.9%. Renewable infrastructure investments remained unchanged at 0.1% of the fund’s total assets.

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Read the article at CryptoPolitan

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