Shiba Inu (SHIB) coin has recently taken the cryptocurrency community by storm, surpassing even the top 10 established cryptocurrencies with its impressive 15% increase in value. This surge in price can largely be attributed to the coin’s burning rate, which has experienced a significant upturn in the past 24 hours. With 111,799,146 SHIB tokens burned,
Bitcoin
Chainlink (LINK) has garnered significant attention in recent weeks, thanks to its positive price movement and promising on-chain developments. Crypto analyst Ali Martinez recently shared some insights on the token’s potential price action, particularly highlighting the establishment of a robust support zone for LINK. According to Martinez, a strong support zone has formed for Chainlink
Cardano (ADA), a prominent blockchain platform known for its scalability and technological advancements, has made significant strides in the cryptocurrency market. In a recently released Messari report, Cardano’s achievements in the second quarter of 2023 were highlighted, solidifying its position as a leading player in the industry. This article provides a comprehensive analysis of Cardano’s
Aptos (APT) has been making headlines recently, with a sharp jump in price and a high trading volume. The tech giant Microsoft’s partnership with Aptos Labs on blockchain-based AI tools caused a significant reaction in the market, leading to a 17% surge in APT’s price. While there has been a slight pullback since then, data
Bitcoin, the number one cryptocurrency, has seen a slight uptick in its price in the past 24 hours, with bulls successfully defending critical support. However, recent data suggests that the digital asset is likely to experience further sideways price action. This article will examine the current state of the Bitcoin market and its correlation with
The recent announcement of the launch of the PayPal (PYUSD) stablecoin by PayPal and Paxos has dominated the news cycle. While the news brought initial excitement, concerns have been raised about a particular condition that has dampened the enthusiasm within the crypto community. The PYUSD stablecoin, issued by Paxos, has various centralization issues that give
In the realm of cryptocurrencies, intriguing events tend to unfold frequently, captivating the attention of enthusiasts worldwide. From hacks to memecoins frenzy, the crypto space is never lacking in excitement. However, the recent action of an Ethereum whale, known by the address ‘nd4.eth’, has left the ETH community in shock and contemplation. This particular whale
Compound (COMP), a prominent player in the decentralized finance (DeFi) sector, has recently faced a significant setback with a 20% decline in its price over the past week. This downward trend has continued with a 3.06% decrease in the last 24 hours and an additional 0.79% shrinkage in the most recent hour, bringing the current
The recent behavior of massive XRP whale wallets in the cryptocurrency market is raising eyebrows among investors and analysts alike. Over 100 million XRP tokens have been dumped by some of the largest holders, exerting significant selling pressure on the price of XRP. This article delves into the implications of these actions and the potential
Shiba Inu (SHIB) has recently experienced a remarkable surge in its upward movement, driven by the growing anticipation among meme coin enthusiasts for the upcoming introduction of Shibarium. Shibarium is an innovative upgrade to the layer 2 blockchain of Shiba Inu, designed to address scalability and network congestion issues. Set to be released in August,
