Based on IntoTheBlock data, Shiba Inu’s profitability has risen as the SHIB price bounces back to a crucial level. IntoTheBlock, an on-chain analytics platform, assesses addresses and tokens to gauge the overall profitability of a specific cryptocurrency. Addresses holding Shiba Inu are divided into three categories: those making a profit (in the money), those breaking…
Ripple considers forming subsidiaries for smoother cross-border operations after its IPO. There’s talk of separating Ripple’s brand from XRP to give XRP more independence in payment services. The XRP community is actively debating renaming and RippleX integration in response to these restructuring ideas. Prominent XRP influencer WrathofKahneman recently sparked discussions in the crypto community about…
According to an official statement, Binance is adding BarnBridge (BOND) token to its platform with up to 50x leverage. Futures trading for BOND will start on October 15, 2023, at 17:30 Turkey time (UTC 14:30). After this news, the price of BarnBridge went up even more from its already impressive level. As of writing, BOND’s…
Official Lucie recently shared an exciting update about Shiba Inu ecosystem tokens, including SHIB, BONE, and LEASH. Lucie recently provided an update on the progress of Shiba Inu NFTs known as Shiboshis. She also hinted at significant developments in the works for SHIB, LEASH, and BONE tokens. Right now, the prices don't hold much importance…
Dogecoin has lacked a significant boost, but if it closes above $0.0835, it could mark the beginning of a new uptrend for DOGE. While the wider crypto market has shown signs of recovery in 2023, meme coins have been relatively quiet. Dogecoin, in particular, has slipped in the rankings but is now looking for a…
There was a false post suggesting that Alameda Research could manipulate Solana to liquidate long positions. Jacob Creech, who heads the developer relations at Solana Foundation, offered a $400,000 reward to anyone who could find code capable of turning off Solana. Alameda Research CEO Caroline Ellison’s explosive testimony last week not only made things tough…
Some experts anticipate Cardano will remain in a consolidation phase until 2024. However, patient investors view this as a chance to accumulate and prepare for the next bull market. Now, let’s explore the price outlook for the best-performing and worst-performing cryptocurrencies of the year. Cardano’s Consolidation Analysis Cardano (ADA) is drawing notice due to its…
CFTC Commissioner Kristin Johnson’s remarks followed lawsuits from both the CFTC and FTC against Voyager and its former CEO, Stephen Ehrlich. A United States Commodity Futures Trading Commission (CFTC) commissioner has criticized Voyager Digital for its errors, which ultimately resulted in the loss of billions of dollars in customer funds. Statement of @CFTCjohnson regarding @cftc's…
Parity Technologies, known for developing the Polkadot blockchain platform, has let go of over 300 employees. Apost on X, shared by “chainyoda,” a core contributor, revealed that the number of employees laid off exceeds the total number of developers working on decentralized applications (dapps) deployed on the blockchain. Parity’s Strategy: Embrace Decentralization Parity Technologies hasn’t…
Monero, Solana, and Tron, are closely tied to Bitcoin, indicating that their price trends are likely to be influenced by BTC’s movements. In the world of cryptocurrencies, many investors tend to concentrate on just a handful of the most popular assets like Bitcoin, Ethereum, Cardano, and even meme coins, to their detriment. However, there are…
ADA staking has reached a 3-month peak at $5.7 billion, which makes up 65% of Cardano’s entire market value. There’s a positive outlook as traders are actively purchasing during price declines, indicating a possible price recovery ahead. In a recent online article about Cardano’s October 2023 update, even though Cardano’s struggle to surpass the $0.30…
While Chainlink (LINK) had a strong performance in September, its recent decline is prompting concerns about the sustainability of its bullish trend. Chainlink (LINK) has experienced a substantial price increase of over 25% since September, surpassing the performance of Bitcoin (BTC), Ethereum (ETH), and many other cryptocurrencies. The project is currently the leading decentralized blockchain…
Eric Balchunas thinks that the revised filings indicate a 75% chance of a spot Bitcoin ETF being approved by the end of the year. On October 11, Ark Invest, an investment management company, made changes to its application for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). This update aligns with…
XRP might be close to getting back to $2, as per analyst EGRAG. They’ve spotted a retest of a downward channel and a positive signal from a monthly pattern, which suggests a bullish trend. EGRAG shared two different views about XRP’s price. The first one is based on an earlier report where he talked about…
Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin went down on Wednesday after the release of minutes from the September Federal Open Market Committee meeting. These minutes revealed that most committee members think it’s necessary to raise interest rates at least one more time during this cycle. The reason behind this decision is to keep interest rates…
The Solana Foundation has revealed that a third of the stake runs through the Jito Labs Client and published a Validator Health report to boost network transparency. Meanwhile, Shiba Inu is seeing an increase in value as investors start accumulating it. However, the most significant price movement is in Everlodge, which has surged by 90%…
BlackRock has achieved a successful collateral settlement trade with Barclays through JPMorgan’s Tokenized Collateral Network. JPMorgan Chase & Co introduced the first blockchain-based collateral settlement for BlackRock on Wednesday. The largest U.S. bank by assets employed JPMorgan’s Tokenized Collateral Network (TCN) to transform shares from one of its money market funds into digital tokens. These…
Embark on a comprehensive exploration of the Pepecoin rumors by delving into this detailed guide. Are you ready to begin? The cryptocurrency arena is ever-evolving, with new contenders constantly emerging. Pepe Coin is among the latest digital currencies to capture the spotlight. But the question remains: does Pepe Coin truly merit the hype it’s generating?…
The Hong Kong Monetary Authority (HKMA) is involved in two CBDC-related projects, called MBridge and e-HKD. The central banks of Hong Kong, China, Thailand, and the United Arab Emirates, along with HKMA, are collaborating on a cross-border central bank digital currency (CBDC) initiative called mBridge. This project is expected to launch around mid-2024 and could…
Turkish-based crypto app Bitcointry has expanded its offerings by integrating various Shiba Inu products into its platform. Bitcointry now fully supports the Shibarium network and plans to enable trading of the BONE token for Shiba Inu enthusiasts. Another noteworthy addition to Bitcointry’s offerings is the MARSWAP token (MSWAPF), a prominent player in the decentralized…
The cryptocurrency market stays in decline on Tuesday as investors express renewed concerns amid ongoing geopolitical turmoil. The cryptocurrency market experienced significant losses on Tuesday, October 10, as investors grew increasingly worried about ongoing geopolitical turmoil. The crypto market has been in a downturn over the past day, with global equity markets also seeing moderate…
Binance has introduced a new feature called “copy trading” for futures, giving users two ways to invest and have more control over their finances. Binance, a cryptocurrency exchange, has launched a copy trading feature for its futures products in certain markets. With this feature, users can closely follow and imitate the trading strategies and portfolios…
Binance CEO Changpeng Zhao anticipates Bitcoin (BTC) hitting new all-time highs following the April 2023 halving. However, he cautions against succumbing to fear of missing out (FOMO) prematurely. CZ highlights recurring trends during BTC halvings, such as hype, heightened expectations, and market volatility. He emphasizes that BTC’s price won’t skyrocket overnight but will undergo adjustments…
Crypto firms like Binance, OKX, and MoonPay are working to follow the United Kingdom’s new financial promotion regulations. The UK’s Financial Conduct Authority (FCA) introduced these regulations on October 8 to ensure that crypto promotions are fair, transparent, and clean. Binance has launched a new domain for UK users and partnered with a local lending…
A lot of USDC stablecoins were created on the Base platform, and this has led to a lot of activity, making the DeFi TVL (Total Value Locked) go up. Coinbase’s Base platform, an Ethereum-based Layer-2 network, has been making a big impact in the world of decentralized finance (DeFi) lately. In the past week, the…
Here is a list of cryptocurrencies that did well even when the overall market was uncertain. Are they still a good investment? During the past week, Bitcoin mostly traded sideways, facing resistance around the $28,500 level. This resistance has had a slight negative impact on the overall cryptocurrency market. However, certain altcoins, as mentioned below,…
Binance Smart Chain has grown rapidly in recent years. This article explores the top 15 DeFi projects on the platform. DeFi, short for “decentralized finance,” is a financial system built on blockchain technology. Unlike traditional finance, it doesn’t rely on centralized entities like banks or government-regulated organizations. Instead, it operates on a peer-to-peer basis using…
In a recent post, a trader predicted that BTC might hit $137,000 by August 2024. Currently, BTC is valued at $27,952.35, with a small 0.15% increase in the last 24 hours. It’s trading in a positive channel, hinting at potential price growth in the coming days. Cryptocurrency trader Titan of Crypto recently made a prediction…
Iris Energy, a Bitcoin mining company, is boosting its computing power by 25% in preparation for the upcoming Bitcoin halving event. Australia’s Iris Energy, a Bitcoin mining company, is set to increase its self-mining computing power by 25% by partnering with Bitmain. The deal involves Bitmain delivering around 7,000 S21 mining machines. When these machines…
Max Keiser, known for his strong support of Bitcoin and serving as a crypto advisor to the President of El Salvador, has made a big prediction about Bitcoin’s future price. Like many other experts, he’s making some attention-grabbing forecasts. Keiser’s Prediction: Bitcoin Price Target of $220,000 In a tweet on the X platform, Keiser confidently…
Shibarium has made significant progress by reaching 1 million blocks, which is a sign of growth and successfully overcoming obstacles. The Shibarium Network, a blockchain created to solve Ethereum’s scalability problems, has achieved a notable milestone that has grabbed the attention of investors. ShibariumScan reported that it has reached 1 million blocks, marking a significant…
Bill Ackman, the CEO of Pershing Square, has shown a strong interest in partnering with Elon Musk’s X platform. This has led to widespread speculation about how this collaboration could boost the market value of Dogecoin. Ackman’s Moves Toward Musk’s X Spark Market Speculation The cryptocurrency world is buzzing with excitement about potential connections between…
Since the start of 2023, VeChain (VET) has exhibited a modest gain of approximately 5.7%. In contrast, Bitcoin (BTC) has surged by over 60% during the same period, making VET’s performance appear lackluster by comparison. VET reached its peak for the year on February 21, 2023, when it reached $0.0317. This represented a remarkable gain…
FCF Pay, a payment platform, has expanded its cryptocurrency support to enable users to make bill payments using Ripple (XRP) and Shiba Inu (SHIB). This development coincides with Ripple’s achievement of a Major Payment Institution (MPI) license in Singapore. FCF Pay, a cryptocurrency payments platform based in Canada, has recently expanded its support for various…
Over the past 24 hours, Terra Luna Classic (LUNC) has experienced a 3% decrease in price, falling to $0.00005928, positioning the altcoin in the 100th spot in the cryptocurrency market cap rankings. LUNC has also seen a 3.5% decline in the past week, although it has recorded a 3% increase in the last 14 days….
Investor attention shifted towards Shiba Inu following a notification from its marketing strategist regarding a security breach in an administrator’s Telegram account. Shiba Inu cryptocurrency has garnered significant attention in recent times, particularly due to the rising popularity of meme coins. On Wednesday, investors closely monitored Shiba Inu as Lucie, the chief marketing strategist for…
Santiment has identified Cardano, alongside AAVE and CRV, as among the altcoins that might present short profit windows, particularly in light of Bitcoin’s recent surge beyond the $28,000 mark. According to the analytics firm, these cryptocurrencies have the potential to detach from the prevailing market trends, creating a favorable trading opportunity for profit-seeking traders. Based…
The much-anticipated Ethereum Futures ETFs from renowned asset managers such as VanEck, ProShares, and others are now available for trading in the United States. In a historic development for the cryptocurrency sector, VanEck, ProShares, and other notable entities have successfully introduced their Ethereum (ETH) Futures Exchange Traded Funds (ETFs), heralding the dawn of a fresh…
Grayscale’s submission for a spot Ethereum (ETH) offering follows its legal triumph against the U.S. SEC in a recent lawsuit involving a spot Bitcoin ETF. In a recent development, Grayscale, the largest asset manager globally, has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking to transform its Ethereum Trust (ETHE) into…
A recent transaction recorded on Etherscan reveals a substantial movement of 425 billion SHIB tokens to Coinbase, equating to an estimated value of around $3.2 million. Shiba Inu (SHIB) has been gaining considerable attention due to its recent price movements. As per live data, SHIB is presently trading at $0.00000755. Despite its upward trend, it…
Prominent blockchain analytics firm Lookonchain has identified a substantial uptick in the accumulation of Ethereum (ETH). Blockchain analytics specialist Lookonchain has documented noteworthy rises in the accumulation of Ethereum (ETH). Interestingly, these accumulations have coincided with a substantial increase in price and recent filings for Ethereum-related exchange-traded funds (ETFs). Accumulation is accompanied by an increase…
Michael van de Poppe has put forth a forecast for a Bitcoin surge in the last quarter of 2023. He envisions an end-of-year objective of $40,000 for the leading cryptocurrency. Poppe anticipates that ETF approvals and pre-halving sentiment will serve as catalysts for a potential Bitcoin upswing. Well-known cryptocurrency analyst and CEO of MN Trading,…
Pepe (PEPE), a cryptocurrency with a frog theme, is demonstrating an interesting resurgence following weeks of price declines. Over the past seven days, PEPE has surged by approximately 17%. The cryptocurrency with a frog theme is also unexpectedly in positive territory, maintaining the gains achieved in the last 24 hours. Pepe’s trading volume over the…
In a surprising development, Mixin Network, a Hong Kong-based peer-to-peer transactional network for digital assets, has garnered significant attention due to a substantial security breach. This incident, quickly labeled as the most significant hack of 2023, involved a breach of the network’s cloud service provider’s database, resulting in losses estimated at around $200 million. As…
The cryptocurrency token BONE, part of the Shiba Inu ecosystem, has seen a remarkable 10% gain in the last 24 hours, surpassing other well-known cryptocurrencies like Dogecoin and Pepe Coin. Here’s what’s been happening: BONE is currently trading at $0.90, while DOGE, SHIB, and PEPE have experienced slight declines. The Shiba Inu development team has…
The Terra Luna Classic (LUNC) community is planning to vote on a soft fork. This fork would establish a minimum commission requirement for validators. Investors are watching closely, wondering if this move might lead to a price increase for LUNC. The Terra Luna Classic community is gearing up for a vote on a soft fork,…
The North Korean-backed Lazarus Group, 66th largest TRON (TRX) holder at $11.63 million. They reportedly have $45.8 million in crypto, mainly in Bitcoin ($42M) and $640,000 in stablecoins. Suspected to fund North Korea’s missile program, they stole nearly $200 million in June and July. The Lazarus Group, a hacking collective linked to North Korea, has…
Shiba Inu’s sister token, BONE, has seen a significant 6% increase in the last 24 hours, outperforming popular cryptocurrencies like SHIB, Dogecoin, and Pepe Coin. This price movement is tied to the challenges faced by Shibarium, a self-sufficient Layer-2 blockchain linked to Shiba Inu. At the moment, SHIB is down 0.69%, while DOGE and Pepe…
The CEO advises investors to stick with already-approved platforms, as they have proper safeguards in place. He emphasizes that the government’s aim is to make sure that information shared is transparent. Hong Kong’s securities regulator will now reveal pending license applications from virtual trading platforms, a move aimed at providing better information to investors following…
$PEPE, once a meme sensation, has seen its value sharply decline, leaving investors uncertain about its future. In contrast, WSM’s $25 million presale and its connections to Wall Street Bets could position it as the next meme coin phenomenon. Investors are now contemplating the destiny of $PEPE and eagerly anticipating WSM’s ICO in the hopes…