TL;DR Massive Increase in SHIB Burn Rate: Shiba Inu’s token burn rate has surged by approximately 20,000% in the last 24 hours, leading to the removal of over 260 million tokens, a record high in two months. Burning Program for Value: Around 41% of Shiba Inu’s original 999 trillion total supply has been burned, aiming […]
SBI Holdings and Circle Collaborate to Boost USDC Circulation in Japan
SBI Holdings, Inc., a leading Tokyo-based financial services firm, has announced its strategic partnership with Circle Internet Financial, the USD Coin (USDC) issuer. This collaboration aims to increase the circulation of USDC and promote the use of Circle’s cutting-edge Web3 services in Japan while establishing a banking relationship. SBI and Circle’s Partnership This agreement, formalized […]
Analyst believes Bitcoin to go ‘parabolic’ soon
Bitcoin breaching new highs thanks to “unstoppable upwards trend” says elated crypto analyst gazing at $120,000 2024 target.
Institutional Investors Are Very Bullish on Crypto, Goldman Sachs Confirms
Prominent investor Raoul Pal has substantiated, using crucial data, that 2024 is poised to be a favorable year for crypto, surpassing the prospects for tech stocks. “This is where the growth assets of NDX and Crypto live. This is why they bottomed before everything else,” the statement declared. Pal Predicts Crypto Will Outperform Tech Stocks […]
Institutions Expecting ETF Spark Largest Capital Inflows to Crypto Since Late 2021: CoinShares
Digital assets manager CoinShares says institutional crypto products saw their biggest surge of inflows in two years. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors are continuing to invest heavily in digital asset investment products for the ninth week in a row. “Digital asset investment products saw inflows totaling US […]
Analyst sees resurgent promise in Terra Classic
A crypto analyst observes renewed interest and upside potential for the left-for-dead TerraUSD Classic.
Where in the World Is Hex Founder Richard Heart?
The United States government is searching far and wide for Richard Heart, the controversial crypto founder it charged months ago with orchestrating an illegal $1 billion securities scheme. And it can’t seem to find him. In July, the Securities and Exchange Commission (SEC) accused Heart, whose actual name is Richard Schueler, with violating securities laws […]
Ethereum Return To $4,800: Analyst Identifies Pattern To Trigger Rally To ATH
The Ethereum price has been trading more than 50% below its all-time high of $4,800 for the better part of a year now with no sign of returning to its previous all-time high. However, this slow trend may not continue for much longer as a crypto analyst has identified a pattern that could trigger a […]
Standard Chartered to offer support for China’s digital yuan
Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services. Additionally, the bank indicated it would access the digital currency’s interconnection platform […]
Binance delists Tornado Cash as TORN value plummets
Binance announced plans to delist Tornado Cash’s native token, TORN, on Nov. 27, closely coinciding with massive losses for the coin. The exchange announced plans to delist TORN on Nov. 27 at 6:00 PM UTC. This coincided with a sudden loss in value for the asset, which dropped from $3.90 to as low as $1.94 […]