Today marks the start of May and the completion of the first five months of the bullish year. However, the bullish trend lasted barely a few weeks before turning the other way around. For days now,  the crypto market has continuously declined, affecting almost all cryptocurrencies. The fear and greed index has also shifted to […]

US Federal Reserve officials backtrack from early rate cuts after Friday’s strong jobs report shows resiliency in the US economy. Federal Open Market Committee (FOMC) members Austan Goolsbee and Michelle Bowman are more reluctant to rate cuts in the first half of 2024. Jobs Data Lowers Odds of Fed Rate Cut in May or June […]

In a move signaling potential stabilization for both the crypto and stock markets, the US Treasury Department has unveiled plans for a significant refunding and buyback initiative. BitMEX co-founder Arthur Hayes has shed light on the macroeconomic factors influencing recent market sentiment shifts, notably highlighting the infusion of tax receipts amounting to a substantial $200 […]

The world’s largest crypto exchange Binance burned 2.1 billion Terra Luna Classic (LUNC) tokens in the 18th batch of the LUNC burn mechanism. The total LUNC burned by the crypto exchange to date reaches over 50 billion, which is 52.4% of the total tokens burned by the Terra Luna Classic community. LUNC burn is a collaborative effort […]

According to a report, Google has recently disclosed plans to lay off a significant number of its core team employees. The tech giant aims to fire at least 200 staff members as part of its ongoing restructuring efforts. These changes come despite the company’s robust earnings reports over the past year. This move aligns with […]

Cryptocurrency enthusiasts are on high alert as XRP, Ripple’s native token which witnessed tumultuous trading recently, appears to be regaining momentum. Meanwhile, renowned crypto analyst Dark Defender’s optimistic forecast on the X platform has triggered excitement, suggesting a potential breach of a key resistance level with eyes set on $0.60. So, let’s explore the dynamics […]

In the latest edition of The Shib magazine, Shiba Inu (SHIB) enthusiasts are treated to a comprehensive overview of the much-anticipated Shibarium hard fork. Celebrating International Workers’ Day, the magazine kicks off with a rallying cry to the Shib Army. Moreover, it invites readers to delve into the intricacies of Shibarium and its imminent hard […]

XRP, an eminent cryptocurrency backed by Ripple Labs, once again curated a cyclone of speculations across the broader crypto market on Monday following noteworthy whale activity jotted down by the token. As per insights offered by the blockchain tracking platform Whale Alert, a whopping 29 million XRP, worth $14.72 million, was shifted from an unknown […]

SHIB price forecast: Shiba Inu Coin price has experienced a remarkable increase in its market value, rising sharply in the last day. This meme coin surpassed the $0.000022 mark, indicating a bullish trend despite ongoing market fluctuations. Currently, the Shiba Inu Coin price is at $0.00002251, with a surge of 7% indicating a bullish trend. […]

In a compelling turn of events, the cryptocurrency market is witnessing a substantial influx of funds, as revealed in the latest Digital Asset Fund Flows Weekly Report by CoinShares. Bitcoin and Solana, two major players in the crypto arena, are at the forefront of this surge, experiencing a combined inflow of $716 million. Notably, as […]