Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again stirred a whirlpool of speculations across the broader crypto market on Tuesday as the token recorded a staggering surge in its burn rate. As per on-chain data hovering over the crypto horizon, over 36 million SHIB burnt over the […]
LUNC News: Terra Luna Classic Community Brings Crucial Proposal in Focus
LUNC News: Terra Luna Classic community currently voting on a crucial proposal to mitigate some risks of peer-to-peer storm attacks on the Terra Classic chain. Notable developers have pointed out possible risks on Cosmos, Solana, and Polkadot ecosystems and suggested initial measures to reduce the impact of such attacks on the chain. Terra Luna Classic […]
How Bitcoin Price Rocket Ride To $50k Could Precede Intense Turbulence And Major Sell-Off
Bitcoin price is trading at $42,949 while fluctuating within the $24,500-$43,000 bracket – a pattern it has observed for several days. A shift in equilibrium is anticipated with the opening of the US stock market as experts anticipate Bitcoin ETF volumes to improve and help steady prices across the board. Source: Tradingview Meanwhile, investors have […]
Pepe Coin Price Eyes Key Breakout Ahead of Bitcoin Halving
Pepe Coin Price: The pre-halving consolidation in the Bitcoin price is strongly influencing most of the major coins including PEPE. This frog-themed memecoin has been wavering sideways for the past four days with short-bodied candles indicating a lack of initiation from buyers or sellers. However, the asset close to crucial support amid the Bitcoin-halving event […]
Ethereum Price Dominance Over Bitcoin Grows, Exchange Supply At All-Time Low
While the Bitcoin price has been consolidating largely post the ETF approval, Ethereum has been making strong moves upside, thereby closing the gap with BTC. At press time, the Ethereum price is trading 1.44% up at a price of $2,564 with a market cap of $308 billion. The Ethereum Price Dominance According to insights provided […]
Binance Converts $1 Bln SAFU Assets Into USDC, Bolstering Stability
In a recent unprecedented plot twist, Binance, the world’s leading cryptocurrency exchange, revealed that it plans to convert all SAFU assets into USDC, sparking a buzz across the crypto community. In a post shared by the globally renowned CEX on Thursday, April 18, Binance revealed that it aims to bring the SAFU fund stability and […]
Binance’s Market Share Dips 5% As OKX & Bybit Gain Traction
Binance, a leading cryptocurrency exchange, faced a 5% dip in its market share in 2023. However, despite challenges stemming from regulatory events and the resignation of CEO Changpeng Zhao, the exchange managed to maintain a dominant position. Whilst, the crypto trading platform has been witnessing stiff competition from OKX and Bybit as they registered a […]
Coinbase Delays Pepe Coin Perp Futures Launch, PEPE Price Declines
Coinbase International Exchange, a leading crypto platform, stirred a buzz in the crypto community by delaying the launch of Pepe Coin (PEPE) futures. Moreover, this update coincided with a crash in the PEPE price. The price slump was expedited by significant liquidations and overall bearish sentiment in the market. Coinbase Delays Pepe Coin Perp Launch […]
Binance Issues Crucial Advisory to BTC, XRP, ADA Futures Traders
Binance, the leading global cryptocurrency exchange, has recently issued an important notice for its futures traders. The platform, known for its extensive trading volume, addressed a technical issue where some futures traders received outdated notifications about their past trades. While these notifications do not impact current trading activities, Binance has extended apologies for any inconvenience […]
Bitcoin ETF Outflow Is ‘Microscopic’, Bloomberg Analyst Sparks Optimism
Amid the ongoing tumultuous period for the cryptocurrency market, the recent decline in Bitcoin prices has been closely linked to outflows from the U.S. Spot Bitcoin ETF. However, a fresh perspective has emerged, courtesy of Senior ETF analyst at Bloomberg, Eric Balchunas. Notably, his assessment offers a glimmer of hope amid the uncertainty, highlighting the […]