Shiba Inu Burn Rate Spikes 600% With 115 Mln Tokens Up In Flames

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again curated a tidal wave of speculations across the border crypto market on Friday, as the token’s burn rate surged over 600%, nabbing significant attention globally. As per on-chain insights unveiled by the burn tracker Shibburn, the Shiba crypto community […]

ZetaChain (ZETA) Price Jumps 150% On Debut, What’s Behind The Rally?

ZETA, the native cryptocurrency of Layer-1 interoperability blockchain platform ZetaChain, has surged by a staggering 150% in just a few hours on its debut. As of press time, the ZETA price is up 158% trading at $1.80 with trading volumes shooting by 700% to $276 million. What Is ZetaChain? ZetaChain, a groundbreaking Layer 1 (L1) […]

Apple Gears Up For Major AI Advancement, OpenAI Dominance At Stake?

In a strategic move, Apple’s CEO Tim Cook hinted at a groundbreaking artificial intelligence (AI) revelation later this year. Tim Cook’s recent remarks, although vague, point towards Apple’s ambition to rival tech giants such as Microsoft, Google, Amazon, and notably, OpenAI, in the realm of advanced AI models capable of generating text and images. Notably, […]

Bitcoin ETF FOMO Cools Down, Here’s What Options Data Tells

The Bitcoin price has once again surged past $43,000 gaining 2.2% in the last 24 hours with its market cap inching closer to $850 billion. Despite the selling pressure in BTC, the Bitcoin ETFs have continued to garner strong attention and inflows. However, the FOMO surrounding the Bitcoin ETF arrival seems to be cooling down […]

Ripple Locks 800 Mln XRP in Escrow Amid Soaring Whale Activity, What’s Happening?

XRP, one of the most prominent cryptocurrencies by global market cap, birthed a hurricane of speculative buzz across the broader crypto market on Thursday following two noteworthy escrow locks and two significant whale transactions noted by the Ripple-backed token. On-chain data highlighted by the blockchain tracker Whale Alert suggests a staggering 867. 6 million XRP […]

Tether CEO Slams JPMorgan on Latest USDT Report And ‘Negative’ Outlook

Amid registering record-breaking profits, USDT stablecoin issuer Tether has been expanding its market footprint recently. Earlier this week, Tether minted an additional $1 billion while adding $13 billion to its market cap in just the last four months. However, banking giant JPMorgan has raised concerns stating that this rapid expansion and dominance could be a […]

Andrew Tate’s Crypto Flip-Flop Raises Questions Around Viral Pump and Dumps

Andrew Tate’s old comments have resurfaced, as he noted in a post on X that he will invest $100 million in his own coin. The controversial personality was linked to a $SLUTS meme token last year. In 2023, Tate distanced himself from shitcoin investments as he posted, “I do not endorse shitcoins,” and claimed, “I’m not […]

Chainlink (LINK) Price Shoots 17% Dominating Altcoin Rally, Next Target $25

Oracle service provider Chainlink continues to be on a mega rally while dominating the broader cryptocurrency market. The Chainlink (LINK) price has shot up by 17% in the last 24 hours and is currently trading at $17.82 with a market cap of $10,8 billion. Over the last week, the LINK price has outperformed every other […]

DOJ Revealed How Crypto Exchange FTX Plunged into Bankruptcy, Raising Bigger Concerns

Three individuals face charges for orchestrating a massive SIM-swapping scam from FTX, Bloomberg reported on Thursday. This siphoned more than $400 million from the cryptocurrency exchange in the run-up to the FTX bankruptcy. Shortly after FTX’s bankruptcy filing in November 2022 and Sam Bankman-Fried’s resignation, hackers reportedly drained funds from the platform. Only to be funneled […]

Bitcoin Mining Takes Up 0.6% to 2.3% of US Electricity Consumption – Report

After tracking electricity consumption from the United States Bitcoin mining activities, it was reported that the industry takes as much as 0.6% to 2.3% of the entire electricity consumption in the country as of 2023. Massive Electricity Consumed by Bitcoin Miners The U.S. Energy Information Administration (EIA) released a report that detailed the amount of […]