Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Saturday as the token marked a colossal upswing in its weekly burn rate. As per on-chain data surfacing over the crypto horizon, Shibburn, a platform facilitating SHIB burning […]
The End Of Venezuela’s Petro? Crypto Crackdown Tightens Amid Epic Scandal
The Government of Venezuela has decided to bring the curtain down on its Petro (PTR) cryptocurrency. The venture was initiated six years ago by President Nicolas Maduro to tackle the U.S. sanctions. However, the crypto is set to be banished from Venezuela on Monday, January 15. Venezuela Encourages Conversion Of Petro To Bolivar The decision […]
Justin Sun Lauds USDT Supply Surpassing $50 Bln On TRON Network
In an exciting curve of events, the TRON community appears to have showcased a burst of breakthroughs across the broader crypto market on Saturday, as TRON founder Justin Sun spotlighted the community’s staggering developments within the crypto world. As seen in a recent post by Justin on the social media platform X, the Chinese-born Grenadian […]
Sui Price Prediction: How Rapid TVL Rise Could Supercharge SUI To $5
Sui, the proprietary token of the Sui blockchain, has recently witnessed a remarkable growth spurt. Over just four days, SUI’s value escalated from $0.79 to $1.33, representing a 50% increase. The momentum continued as the token experienced a 21% jump in the past 24 hours alone. Source: Tradingview This surge in Sui’s value is mirrored […]
Solana Wallet Drainers Deploy New Tactic To Appear Trustworthy
It seems that crypto scammers have devised new tactics to dupe the innocent. Solana (SOL) wallet drainers are trying their best to look legitimate and trustworthy so even the ones who have stayed alert against these scams can be targeted. Recently, these fraudsters have created vanity addresses to promote their legitimacy and leverage profits from […]
GameStop to Shutdown Its NFT Marketplace Amid Regulatory Scrutiny
After approximately a year and a half since its NFT marketplace launch, GameStop, the publicly-traded video game retailer, has decided to bid farewell to its platform. The marketplace, which facilitated gaming NFTs and various collectibles on Immutable X and Loopring, operating across Ethereum scaling networks, will no longer be maintained by GameStop. GameStop To Discontinue […]
Binance Dethroned As Indian Traders Flock To Local Firms Amid Regulatory Scrutiny
In a surprising twist of events across the Indian crypto landscape, Binance, the world’s leading crypto exchange, witnessed a noteworthy setback leading to an exodus of Indian traders on its platform. This comes as a result of the Indian Financial Intelligence Unit’s (FIU) most recent stance on offshore crypto exchanges, mandating them to comply with […]
Ethereum Whale Dumps 15K ETH To Coinbase, Price To Nosedive At $2450?
In a recent development in the volatile cryptocurrency space, an Ethereum whale has made a substantial move, transferring about 15,000 ETH, valued at approximately $37 million, to the leading crypto exchange, Coinbase. The blockchain transactions tracking platform, Whale Alert, brought attention to this significant transfer, igniting curiosity among crypto enthusiasts and triggering a drop in […]
Cathie Wood’s Ark Invest Sells Coinbase & Robinhood Shares, Buys Tesla
Asset management firm Ark Invest founded by Cathie Wood has offloaded Coinbase (COIN) and Robinhood Markets (HOOD) shares worth millions again in the last two spot Bitcoin ETF trading days on Thursday and Friday. Meanwhile, Cathie Wood’s Ark Invest funds have purchased Elon Musk’s Tesla (TSLA) shares, further increasing its holdings. Cathie Wood’s Ark Invest […]
Hedera Allocates 5 Bln HBAR For Ecosystem Development
In a strategic move aimed at propelling the growth of the Hedera network, the Hedera Council has approved the allocation of around 5 billion HBAR, Hedera Hashgraph’s native cryptocurrency, for further development and the advancement of decentralized governance. Meanwhile, this financial injection underscores Hedera’s commitment to nurturing its ecosystem and supporting key initiatives crucial to […]