As October begins, the financial world is keeping a close eye on Shiba Inu, a cryptocurrency that has historically seen significant gains in the month. Data from CryptoRank shows that the token has seen an average 422% surge in October since its debut. If the token continues on its current trajectory, it could potentially reach […]
September was a record-breaking month for malicious entities stealing funds in the crypto market. According to CertIK, approximately $332 million in digital assets were lost to exploits, hacks, and scams. Exit scams accounted for $1.9 million, flash loans for $0.4 million, and crypto-related exploits for $329.8 million. The largest portion of this month’s losses was […]
The trial of Sam Bankman-Fried, the founder of crypto exchange FTX, is set to begin this week. Caroline Ellison, his former girlfriend and head of Alameda Research, is expected to testify against him. SBF is accused of attempting to pay Donald Trump to not run for reelection in 2020. Ellison has pleaded guilty to seven […]
Shiba Inu (SHIB) has seen a 5 percent price increase in the last week, with a strong response to the Shibarium launch. The Shiba Inu ecosystem has seen a notable increase in its token-burning program, with over 2.3 billion SHIB tokens burned last month. The SHIB price surge comes following the strong response to Shibarium […]
Crypto investment products have seen their first inflows since mid-August, with $21 million flowing into these products in the past week. Bitcoin (BTC) and Solana’s (SOL) investment products contributed significantly to the recorded inflow, with BTC products seeing the most inflows with $20 million and SOL recording inflows of $5 million. Ethereum (ETH) maintained its […]
Ripple’s native cryptocurrency XRP has seen a 4.40 percent increase in the last week, trading above $0.52. Ripple’s Chief Legal Officer, Stuart Alderoty, shared banners on social media suggesting the US Supreme Court’s intention to curb the power of federal agencies. XRP’s price action currently places it above the 200-day EMA while below the 50-day […]
As the first week of October unfolds, the Bitcoin and crypto market is set to witness a whirlwind of events that could shape the future price trajectory. This includes the launch of Ethereum futures ETFs, the anticipation of a bullish October (now colloquially termed “Uptober”), and the highly anticipated US employment report for September. Historically, […]
Bitcoin (BTC) surged past the $28,000 benchmark on Monday, its highest peak in over a month. This bullish stride is attributed to a combination of Exchange Traded Fund (ETF) optimism and a seasonal trend that often favors the cryptocurrency market.The altcoin sector also experienced a surge, with Ether (ETH) surpassing $1,700, Binance Coin (BNB) and […]
Bitcoin (BTC) has seen a 5.7% rally in the first two days of October, crossing the $28,000-mark for the first time in two months. This rally came after a loss-making quarter in 2023, indicating that bearish catalysts remain in place entering Q4/2023. The buying sentiment in the Bitcoin market started after US lawmakers agreed on […]
Ethereum (ETH) has seen a steady climb towards the $1,800 mark, largely fueled by increased whale accumulation in anticipation of the launch of the first-ever Ether Futures ETF. Noteworthy support and resistance levels are determining ETH’s price trajectory in the short-term, while the influx of ETFs is pointing to a bullish outlook for Ethereum.The launch […]
