Shiba Inu (SHIB) whales have been active in the market recently, with on-chain statistics indicating that they are preparing themselves for further gains from the meme coin. This event happens as the cryptocurrency token approaches its all-time high (ATH). Shiba Inu Whale Accumulates 332 billion SHIB tokens On-chain data suggests …
Dencun, the latest software update for the Ethereum network, is set to modify it significantly. This update, dated March 13th, is projected to lower operational expenses, particularly on layer 2 networks. Such advancements may pave the way for open access, which might spark unprecedented creativity in the Ethereum ecosystem, affecting …
Speculation abounds regarding Shiba Inu’s (SHIB) ability to replicate its phenomenal 2021 success in 2024. Back in 2021, a mere $3 investment in Shiba Inu had the potential to burgeon into over $1 million, a narrative that captivated both crypto analysts and the community at large. However, the trajectory ahead …
Billy Markus, co-founder of Dogecoin, responds to Elon Musk’s recent tweet, igniting discussions within the crypto community. Markus’s response hints at a shift towards innovative solutions for wealth creation, diverging from traditional notions of riches. Elon Musk’s Influence in the Crypto Sphere Elon Musk’s advocacy for cryptocurrencies like Dogecoin and …
BlackRock’s Bitcoin ETF, IBIT, has accumulated $10 billion in assets under management (AUM). This achievement establishes a new record for the fastest growth to this level in US ETF history. The astonishing feat coincides with a huge surge in Bitcoin prices, highlighting traditional investors’ growing interest in digital assets. IBIT, …
Binance, a well-known centralized crypto exchange, has recently witnessed a significant development in terms of outflows. PEPE, a famous meme coin named PEPE has reportedly experienced an enormous outflow of up to 1.19 trillion tokens (equaling nearly $1.88 million). The latest reports have brought to the front that a trader …
XRP is currently facing what we call a “squeeze.” This technical phenomena happens when an asset’s price consolidates, resulting in a war between buyers and sellers for control of market direction within a limited price range. XRP’s squeeze is seen as the price approaches a convergence of its moving averages, …
The price of XRP has been a subject of speculation, particularly its persistent trading below the $1 mark. Despite receiving partial legal clarity that declared it not a security, ripple XRP has struggled to gain substantial momentum in the market. The asset’s price movements have been closely scrutinized amid ongoing …
Despite the furious activity in the cryptocurrency market, where many assets have already shown overbought signals, a few digital currencies have emerged with intriguing buy signals for the current week. In recent weeks, Finbold has been meticulous in detecting buy signs for oversold cryptocurrencies, indicating possible downtrend reversal. However, investors …
The chief investment officer at Bitwise Asset Management, Matt Hougan, provides insights into the distinctive nature of the ongoing bitcoin bull market and its implications for the cryptocurrency landscape. He anticipates a sustained period of bullish activity and dispels notions of an early end to the bull market or the …