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Important Shibarium Metric Soars 130%: What Does it Mean for the SHIB Price?
TL;DR Rapid Growth of Shibarium: Shibarium, a layer-2 solution for Shiba Inu, experienced a surge in daily transactions, reaching nearly 35,000 on November 21, a 130% increase from the previous day. Achievement of Key Milestones: Since its launch, Shibarium has crossed over 4 million total transactions, with wallet addresses exceeding 1.25 million and nearly 1.8 […]
Bitcoin Halving Is 5 Months Away and Hash Rate Just Hit an All-Time High
Bitcoin’s hash rate has hit a new all-time high—indicating that the network is stronger than ever. Just in time for next year’s highly anticipated halving. The total Bitcoin hash rate hit 491 exahashes per second (TH/s) Wednesday, according to data from Blockchain.com. This means that every second, mining machines around the world securing the Bitcoin […]
Binance Hit By $1 Billion Outflows Since Historic $4.3B DOJ Settlement, Founder CZ’s Ousting
As much as $1 billion has been pulled from Binance over the last 24 hours, data firm Nansen said, after the U.S. Department of Justice reached a historic settlement with the crypto exchange and its founder Changpeng Zhao (aka CZ). Binance will completely exit the U.S. market and pay a $4.3 billion fine for violating […]
Pantera Capital’s Dan Morehead Forecasts Bitcoin Bull Market Cycle, Says Current Rally Should Last Till November 2025
Crypto veteran Dan Morehead says Bitcoin (BTC) is in a bull market and is laying out a timeline for how long it could last. In a new open letter to investors, Morehead, who oversees $4.2 billion worth of assets at Pantera Capital, says that Bitcoin’s market cycles are nearly “alien” in their similarity. Morehead says […]
Bitcoin Halving Is 5 Months Away and Hash Rate Just Hit an All-Time High
Mining activity on the Bitcoin network is ramping up ahead of the halving next year.
Former NYSE President Says Money Will “Flood” Into Bitcoin Upon Spot ETF Approval
In an exclusive interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his optimistic outlook on the future of cryptocurrency, particularly Bitcoin, upon the potential approval of a Bitcoin spot exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC). Farley’s comments come amidst […]
Bitcoin Bulls Buckle Up: Seasonal Trends Point To $50,000 Target
Bitcoin (BTC), the largest cryptocurrency on the market, has again failed to consolidate and reach the $38,000 level for the third time, as it is currently experiencing a 3% pullback. This has led the community to speculate that a significant retracement may occur before the bullish momentum resumes and the next uptrend begins. However, renowned […]
Crypto Exchange Bittrex Global Announces Plans To Cease Operations and Wind Down Trading
Embattled crypto exchange Bittrex Global has decided to wind down operations after its US-based arm filed for bankruptcy amid a slew of regulatory challenges earlier this year. The foreign exchange will disable all trading activity on December 4th. No concrete withdrawal deadline has been established, but Bittrex Global recommends customers pull out their assets as […]
Solana Meme Coin BONK Up 25% As It Gains Binance Listing
BONK’s meteoric rise fired a second-stage booster with a new futures offering alongside PYTH.