Shytoshi Kusama, the creator of Shiba Inu, recently announced the successful launch of Shibarium, a platform that has already garnered more than 65,000 wallets and 350,000 transactions. The platform offers a variety of tokens, including entertaining, unconventional, and occasionally controversial tokens.However, holders of Shiba Inu tokens have pulled out 1.8 trillion SHIB tokens, equivalent to […]
The renowned banking institution JPMorgan has recently released an analysis titled “Limited Downside”, which suggests that the recent corrective phase in the cryptocurrency markets may be coming to an end. This conclusion was drawn from their comprehensive study of CME Bitcoin Futures contracts. Initially, traders had established long positions in response to favorable developments in […]
The BRICS nations (Brazil, Russia, India, China, and South Africa) are pushing for de-dollarization in order to protect powerful nations from the ebbs and flows of the dollar exchange rate. As the bloc continues to expand with the addition of new members, it is estimated that BRICS will control approximately 30% of the world’s economy.The […]
Supra, a leading blockchain organization, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This eliminates the need for a centralized bridge, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable […]
The total transaction fees on the Ethereum blockchain have recently dropped to a 6-month low of 1,720 tokens, indicating a lack of interest in the coin. This is evidenced by the chart showing the trend in the Ethereum total fees over the past six months, which has been steadily declining. Similarly, the Bitcoin total fees […]
XRP has outperformed some of the biggest tech stocks over the past decade, despite legal issues and uncertain regulations in the cryptocurrency space. XRP’s value has jumped 9,222% in the past 10 years, beating out Tesla, Apple, Microsoft, and Visa.Tesla has seen the highest return on investment (ROI) over the past decade, with a 2,189% […]
BNB Chain, a decentralized and censorship-resistant blockchain, is celebrating its third anniversary with a series of global community events from August 28 to September 2. As part of the celebrations, the blockchain is dropping a new non-fungible token (NFT) collection.Launched in 2020, BNB Chain is a blockchain created by Binance, one of the world’s largest […]
Chris Burniske, a crypto investor and former head of crypto at ARK Invest, recently shared his thoughts on the digital asset markets. He believes that sentiment is signaling that the markets are gearing up for a reversal to the upside, despite the possibility of a credit-induced correction. Burniske believes that any correction will be minor […]
The Bitcoin network has reported a hash rate of 400 terahashes per second, a figure never before seen in its history. This upswing in the hash rate is similar to the run-up to the 2020 halving event, which typically halves block rewards. However, this achievement comes with a high energy consumption cost. In response to […]
A crypto wallet belonging to the 1inch Investment Fund recently bought 6,088 ETH at the price of $1,655, spending over $10 million on the purchase. This comes after the company cashed out and profited from its earlier moves on the ETH asset, spending around $26 million in total on three instances in January, February and […]
