Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, sparked immense curiosity among crypto market enthusiasts across the globe today, February 27, as its burn rate surged significantly. The surge in burn rate promptly garnered noteworthy interest across the broader crypto market as Shiba Inu’s price noted a substantial surge […]
Breaking: Binance Competitor OKX Launches OKX TR For Turkish Users
In a significant development for the Turkish cryptocurrency community, Binance competitor OKX, a leading crypto exchange, has unveiled OKX TR, a platform tailored specifically for Turkish users. Notably, with a focus on transparency, compliance, and user-friendliness, OKX TR aims to provide Turkish traders with seamless access to the world of decentralized finance (DeFi) and crypto […]
Whales Dumping Trillions of Pepe Coin Tokens as PEPE Price Shoots 60%
The cryptocurrency market witnessed a significant surge in the price of $PEPE, the meme-inspired digital asset. This surge, surpassing a remarkable 60%, was not merely a result of market dynamics but was notably fueled by substantial trading activity. A notable event unfolded as six influential wallets executed trades, collectively offloading nearly 2 trillion $PEPE tokens. […]
Tether CEO Predicts Fund Manager Rush to Bitcoin Post-ETF Approval
Recently, during a panel, Paolo Ardoino, the Chief Executive Officer of Tether, shared his ideas about what role Bitcoin would play in traditional finance. Ardoino’s predictions are based on the U.S. SEC’s approval of the first spot Bitcoin exchange-traded funds (ETFs). This decision has pushed this cryptocurrency, making it more acceptable among seasoned investors. Increased […]
Sam Bankman Fried’s Defense Counsel Proposes 6 Year Sentence or Less
Lawyers representing the disgraced FTX co-founder Sam Bankman-Fried stated that their client should face a maximum sentence of 6.5 years or less in prison, for his involvement in fraud leading to the collapse of the FTX exchange. They presented their proposal to US District Judge Lewis A. Kaplan in a detailed 98-page memo prior to […]
Sam Bankman-Fried Shilling Solana In Jail, What Could Go Wrong?
Sam Bankman-Fried, the once-prominent figure in the crypto industry and founder of the collapsed crypto exchange FTX, has made unexpected claims while behind bars. From the confines of the Metropolitan Detention Center in Brooklyn, where he has been held since last summer, Bankman-Fried has reportedly been promoting investments in Solana (SOL), according to sources familiar […]
Terra Classic Finds Utility, Will LUNC, USTC Price Rally $1 Amid These Key Developments?
Amid the Terra Luna Classic community push for upgrades, burn, and staking developments, utility and cashflow are major requirements that some dedicated developer groups working on. Recent developments including the launch of the Tritium Bridge could return utility to the chain, claims validator VegasMorph. Terra Luna Classic Shifts Focus on Utility Terra Tritium has announced […]
UBS Predicts S&P 500 Surge Due to AI-Driven Productivity Boom in 2024
A report by UBS’s global equity strategy team, led by Andrew Garthwaite, has outlined ten potential surprises for the financial markets in 2024. These predictions span various sectors, including technology, geopolitics, and the global economy, providing insight into the unexpected turns the market could take in the upcoming year. AI-Driven Surge in the S&P 500 […]
Bitcoin Surge Triggers Record Funding Rates on Binance and OKX
Recent times have unfolded with Bitcoin (BTC) price surging beyond the $60,000 mark has stirred significant interest within the cryptocurrency market. This surge has not only drawn attention to Bitcoin’s price movements but also sparked discussions regarding its impact on funding rates in cryptocurrency contracts. Glassnode’s historical data on Bitcoin futures perpetual funding rates across […]
Bonk Crypto Price Prediction: Whales Set Sight on New ATH
In an intriguing turn of events, aligning with the bullish sentiment prevailing within the broader crypto market, Bonk, a meme coin, gained significant traction across the global crypto realm as it surged nearly 30% today, February 29. This surge by the meme coin promptly garnered noteworthy attention as a Smart Money’s accumulation, pushing the price […]