Dog-themed memecoin Shiba Inu (SHIB) has finally gone live on Nexo after several weeks of hinting at the listing. Nexo Applauds Shiba Inu (SHIB) Evolution Nexo reiterated the news of the SHIB listing on X on Tuesday, acknowledging the outstanding evolution of the cryptocurrency over the years. According to the X post, Shiba Inu launched […]
Here’s Why Solana (SOL) Price Rising Despite Recent Outage
Solana has been on the investors’ radar lately, amid a surge in the SOL price despite a recent outage. Meanwhile, the Solana (SOL) crypto has shown resilience, experiencing a surge in price and crossing the $106 mark, which has caught the attention of investors. Notably, with SOL now trading above $106, analysts foresee further gains […]
Coinbase CLO Roasts SEC Chair For “Misleading” Securities Statement
Ever since Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC) publicly categorized certain crypto assets as security, he has constantly received backlashes, the latest coming from Coinbase Chief Legal Officer (CLO) Paul Grewal. Coinbase CLO To SEC Chair, Tokens Are Not Securities Grewal took to X, highlighting a statement made by […]
Could Bitcoin’s Open Interest Peak Signal a New Price Rally?
Bitcoins open interest has reached a record level of $12 billion, a number last seen in January 2018. The spike in Open Interest coincides with Bitcoin’s price recovery, which has recently broken past the $47,000 mark. The Cryptocurrency community is jam-packed with the bullish spirit as the numerous metrics indicate a possible change of trend, […]
Ethereum Price: Whales Move 150K Coins Amid ETH Retreat, What’s Next?
Ethereum (ETH), the second largest cryptocurrency by global market cap, has once again turned heads across the broader crypto market. With a highly turbulent price action illustrated in the past 24 hours, the token appears to have ignited a flurry of whale activity, per on-chain data hovering over the crypto horizon. Over 150,000 ETH tokens […]
GBTC Records Lowest Outflow Yet at $51.8 Million
Grayscale Bitcoin Trust (GBTC) has recently marked a significant milestone in its outflow trend. According to data from BitMEX Research, GBTC recorded its lowest outflow to date, with only $51.8 million leaving the trust. This noteworthy development sheds light on the evolving dynamics within the cryptocurrency investment landscape. Assessing the Trend and Industry Response The […]
Toncoin Bags HashKey Listing, TON Price To Rally?
In April, news emerged of a strategic partnership between the TON Foundation and the HashKey Group, aimed at fortifying the TON Ecosystem’s treasury management capabilities across the Asia-Pacific region. This collaboration signifies a concerted effort to leverage HashKey Group’s resources and expertise to bolster the infrastructure and operational efficiency of the TON Ecosystem. By joining […]
Shiba Inu Price Soars as Surge in Burn Rate Sparks Rally To $0.00001
As the Bitcoin price climbed back to the $46,000 level, a broad recovery trend was observed across most of the leading cryptocurrencies, including Shiba Inu. On February 5th, the Shiba Inu price bounced back from its local support level at $0.0000085, marking a 6% increase to reach a current trading price of $0.0000093. This surge […]
Breaking: Nigerian Govt Denies $150M Binance Bribery Allegations
The Nigerian government has strongly refuted Binance’s bribery accusations, asserting that these claims are without any foundation and are just a ploy by the cryptocurrency company. The federal government announced that it disregards the allegations released by Binance’s CEO, Richard Teng, that some Nigerian officials demanded a $150 million cryptocurrency payment from the company to […]
Spot Bitcoin ETF: Top Analyst Claims ‘Magnitude of Impact Not Priced In’
As the market hits resilience and recovery, top analyst, Michael van de Poppe has shared expert insight into key subjects and where BTC might be headed drawing on the impact of the spot Bitcoin ETF products now trading in the US market The Spot Bitcoin ETF Potential According to the analyst, the market is currently […]