In an unprecedented turn of events witnessed within the cryptocurrency sector, Bitcoin continued trading sideways at the $70K mark today, mirroring a consolidation phase for the token. This appears to have piqued substantial investor attention across the broader crypto market, as on-chain market data for the token further flagged long-term stability for BTC at $70K, […]
Shiba Inu Burn Rate Jumps 27510% Amid Soaring SHIB Whale Accumulation
Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, marked a tempest of strides on Wednesday following a colossal surge noted by the token’s burn rate. Notably, as per on-chain data unveiled by Shibbrun, a platform facilitating SHIB burning insights, the meme coin’s burn rate surged over 27000%, garnering noteworthy […]
Berachain Notches $100 Million Funding, Eyes Wider Expansion
Layer 1 blockchain, Berachain has raised $100 million in its recent funding round, 45% more than earlier reported. In an April 12 statement, the company announced the latest development which saw participants from venture capitalists firms. According to the release, Berachain’s Series B funding round was led by Brevan Howard Digital and Framework Ventures. It […]
Bitcoin ETFs: Is Hong Kong Brewing Strategic East-West Capital War?
With the United States Securities and Exchange Commission (SEC) set to approve the first spot Bitcoin ETF product today, Hong Kong is notably gearing up to welcome a host of applications for Funds that offer investors the same exposure to BTC. Per an earlier report from Coingape, the Hong Kong Securities Futures Commission (SFC) has […]
$925 Million Liquidated As Bitcoin Price Crashes to $65,000, Options Market Jittery
In a sharp correction, the Bitcoin(BTC) price crashed more than 6% all the way to $65,000 leading to more than 7.8% correction in the broader cryptocurrency market. The correction in the altcoins space is even deeper with the top ten altcoins correcting anywhere between 8-15%. $900 Million Liquidated Amid Bitcoin Price Crash According to Coinglass […]