The Shiba Inu development team has announced plans to burn 9.25 trillion SHIB coins this month. This initiative marks a significant shift in cryptocurrency’s strategy, aiming to dramatically reduce the circulating supply of the popular meme coin. SHIB Token Burn The decision to incinerate such a massive amount of SHIB follows a period of consistent, […]
Ethereum (ETH) Whales Driving Intensive Buyup, Here’s Price Reaction
Ethereum (ETH) is on track to chart a new recovery path with an ongoing mega accumulation by the whales within its community. According to top market analyst Ali Martinez, Ethereum Whales have accumulated over 410,000 ETH units over the past month. Ethereum (ETH) Whales: Catalysts for Growth The total Ethereum (ETH) whale accumulation is valued […]
Bitcoin ETF Could Lead to Harsh Crypto Downturn, Analyst Warns
The potential approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) has stirred a mix of optimism and concern among industry experts. While some view this development as a positive step for mainstream adoption, others, like Ran Neuner, founder of Crypto Banter, predict a different trajectory, pointing to a possible downturn […]
Just In: BlackRock Aims for Bitcoin ETF Approval by Next Wednesday
BlackRock, the world’s largest asset manager, is reportedly expecting the approval of its application for a spot Bitcoin ETF as soon as next Wednesday. This news comes via a recent Fox Business report, highlighting a major step forward in the integration of digital currencies into mainstream financial products. BlackRock Bitcoin ETF Could Transform Crypto Market […]
Zilliqa Network Addresses Challenges Following Blockchain Upgrade
Zilliqa blockchain announced an update to version 9.3.0 on Tuesday and informed the community of its successful transition on Saturday. It noted that the network has consistently produced blocks and processed transactions since the upgrade. The network said, “With such a significant upgrade, it is expected that there will be some initial challenges, which we […]
Will Ethereum Price Soar to $2500? Multiple Support Sets Stage for Relief Rally
For over a month, the second largest cryptocurrency Ethereum(ETH) has been trading sideways resonating between two horizontal levels of $2140 and $2400. Despite a heavy sell-off on January 4th, the ETH price showcased its sustainability above the $2140 support which is above the safety net of 38.2% Fibonacci retracement level. The combined support could offer […]
Top Altcoins to Buy January 6: ETH, ARB, OSMO
Top Altcoin: On January 6th, the crypto market witnessed a minor downtick as the market participants continued to wait for an official comment from the US SEC for the approval of the Spot Bitcoin ETF. However, On January 5th, amendments under Rule 19b-4 were filed for spot Bitcoin ETF applications from several prominent asset managers, […]
Bitcoin Set for 6,000% Surge Amid 2024 Halving, Analyst Predicts
According to Crypto analyst Ali, Bitcoin (BTC) is poised for a rally, with a potential increase of 6,000% following the upcoming Bitcoin halving. This anticipated event, historically a major price catalyst, overshadows the current buzz around the U.S. Securities and Exchange Commission’s (SEC) decision on the Bitcoin spot exchange-traded fund (ETF). Spotlight on Bitcoin Halving […]
Bitcoin (BTC) Price is Not Prepared for New ATH Soon: Analyst
Market analyst, known on X as CryptoCon has shared a bold comment, revealing that Bitcoin (BTC) price is not prepared to retest its All-Time High (ATH) soon. Bitcoin (BTC) Price to ATH: Not a Near-Term Event At the moment, many people are agog with the prospects that Bitcoin (BTC) price holds with the likelihood of […]
Crypto Scam: Trading Platform Coinspaid Might be the Latest Victim
In a distressing turn of events, the crypto payment ecosystem and digital assets processor Coinspaid is grappling with yet another potential crypto scam, possibly resulting in a loss exceeding $6 million. According to information by the on-chain analyst ZachXBT, unauthorized transactions and a substantial loss of funds have been experienced by users on the Coinspaid […]