The world’s largest crypto exchange Binance burned 2.21 billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. As a result, the net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic community reaches over 102 billion. The 100 billion […]
Shiba Inu Burn Rate Soars 840% As SHIB Price Hits 2-Year High, What’s Next?
The popular meme coin Shiba Inu burn rate soared 840% today, sparking optimism among the crypto market enthusiasts. Meanwhile, the meme coin, often dubbed as the “Dogecoin killer,” has witnessed a remarkable surge, with its price skyrocketing by over 70% in a single day. This unprecedented rally has not only propelled SHIB to a new […]
Bitcoin Supply and Demand Data Suggests over 20% Disparity, Price Surge Ahead?
Bitcoin prices saw a huge surge this week. A bull run in the market has resulted in the OG-crypto currency hitting the important mark of $63K. However, a key reason for the surge in the price is also supply shock. Now, data suggests that at present, there is a 20% disparity between the supply and […]
Bitcoin Hits ATH Block Size of 3.97MB As Price Consolidates
The Bitcoin block size just recorded its All-Time High (ATH) after clocking 3.97 MB amid the sustained Inscription hype. Slipstream New Block Size Boost According to an X post, Marathon’s new Slipstream service has broken the record for the largest-ever Bitcoin block size. The block size, which was measured in raw bytes, clocked in at […]
Pepe Coin Price Rallies 70% As Binance Extends Support For PEPE
Pepe Coin has captured the spotlight in the cryptocurrency market with a staggering 70% surge in PEPE price, marking it as one of the top-performing assets on March 4. Meanwhile, this remarkable rally comes amidst a broader positive sentiment in the crypto market, particularly within the meme coin sector, fueled further by Binance’s latest announcement. […]
Tether Launches Official USDT Recovery Tool As Market Cap Hits $100 Bln
The issuer of the world’s largest stablecoin USDT, Tether, has introduced an official recovery tool, which is aimed at helping users move their USDT holding from blockchains that are currently unresponsive. This action is one of Tether’s ways to guarantee the never-ending availability and safety of USDT for all its users worldwide. Tether’s announcement comes […]
Shiba Inu Price Rally Not Over? Whale Buys Signal Further Growth Potential
The cryptocurrency market resumes a bullish trajectory following the Bitcoin price, which is 5% up today. The aggressive volume in spot ETFs continues to fuel the underlying asset which is barely 4% below the All time high of $68,789. Amid this uptick, the Shiba Inu price jumped 47% to breach another key resistance of $0.00003 […]
ETH Price Shoots Past $3,700 Despite SEC Refusing BlackRock Ethereum ETF Approval
The world’s second-largest cryptocurrency Ethereum continues on its mega bull run with the ETH price skyrocketing all the way past $3,700. As of press time, ETH is trading 7% up at $3,713 with a market cap of $446 billion. SEC Delays BlackRock Spot Ethereum ETF Proposal On Monday, March 4, the U.S. Securities and Exchange […]
Sam Altman’s OpenAI To Receive Temasek Backing Amid AI Boom: Report
Sam Altman’s OpenAI, a leading firm developing AI-related services, recently garnered substantial attention across the global AI landscape as Singapore’s Temasek Holdings went into talks with Sam Altman’s firm, eyeing investment in the Microsoft-backed AI tech giant, per a report by the Financial Times. Senior executives at Temasek Holdings, a state-owned government investment fund manager, […]
Solana’s AI Protocol io.net Bags $30M Funding to Build Decentralized GPUs
IO Research, developer of the Solana-based decentralized physical infrastructure network (DePIN) io.net has successfully secured $30 million in a Series A funding round. Solana io.net Valuation Jumps to $1B The news of the generated funds which played a crucial role in pushing the valuation of its fully diluted token to $1 billion, was announced on Tuesday. Precisely, […]