Shibarium Hard Fork Marks a Milestone in Shiba Inu Ecosystem
The team behind Shibarium has announced an upcoming hard fork aimed at enhancing the layer-2 scaling solution. This critical update, outlined in SHIB Magazine, focuses on improving transaction processing and network performance, marking a significant milestone in Shibarium’s development.
The...
5 hours ago
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andrew strauss
Market Watch: XRP Gains Momentum as Bitcoin Slows Down
XRP’s recent 7% rise against Bitcoin in the weekly timeframe suggests strong support levels and the potential for a breakout. This gain, combined with a bullish hammer pattern in XRP’s three-month chart, signals substantial appreciation for XRP. Analyst Dark Defender highlights XRP&rsquo...
9 hours ago
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andrew strauss
Whale frenzy: Cardano transactions over $100K hit new highs.
Recent whale activity within the Cardano ecosystem has drawn interest from investors and analysts. Santiment reports that whale transactions exceeding $100,000 have reached their highest point since November 8, potentially signaling a price reversal for ADA.
Cardano’s market cap has seen a no...
30 April
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andrew strauss
Ethereum experiences record-low gas fees amid ETF uncertainty.
Ethereum (ETH) has recently exhibited subtle yet noteworthy shifts in its market value, reflecting broader economic indicators and changing market sentiment. Priced at $3,203.90, ETH experienced a slight weekly increase of 0.27% but faced a 3.28% decline in the last 24 hours. These movements align w...
29 April
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andrew strauss
Can Shibarium's hard fork make it the top layer-2 blockchain? Insights
Shibarium, Shiba Inu’s Layer-2 blockchain, is preparing for a significant hard fork on May 2. This upgrade, announced by marketing lead Lucie on social platform X, aims to enhance network speed...
29 April
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andrew strauss
Market Trends Suggest Entry Points for AI Cryptos- Fetch.ai, Render
Crypto analyst Altcoin Sherpa suggests there may be potential buying opportunities in AI-focused cryptocurrencies Fetch.ai (FET) and Render (RNDR) due to the current volatility in Bitcoin’s price. The analyst believes the market conditions could create favorable opportunities for investors in...
27 April
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andrew strauss
Q1 2024 Bull Run: SHIB, LEASH, and BONE Tokens’ Growth
The Shiba Inu ecosystem experienced substantial growth in Q1 2024, with SHIB, LEASH, and BONE tokens leading the way. Data from Bitget shows a significant increase in the value of these tokens: SHIB surged by 190%, LEASH rose by 87%, and BONE’s price increased by 25%. Trading volume soared by...
27 April
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andrew strauss
Shiba Inu Secures $12M for New Crypto Encryption Tech
Shytoshi Kusama, leader of the Shiba Inu project, recently secured a $12 million investment from top venture capital firms, including Cypher Capital, following strategic travels to Hong Kong, Japan, and the United States. This funding will support Shiba Inu’s development of Fully Homomorphic E...
24 April
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andrew strauss
PEPE memecoin defies market downturn, rallies 33% in 32 hours.
PEPE meme coin’s recent price decline, halving its value within five days, showcases the cryptocurrency market’s high volatility. Despite this, increased holding patterns, indicated by rising mean coin age, suggest ongoing network accumulation. Santiment’s analysis highlights PEPE&...
16 April
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andrew strauss
Hong Kong approves Bitcoin, Ethereum ETFs. What’s next?
Hong Kong’s approval of Bitcoin and Ethereum ETFs marks a significant step in democratizing crypto access. The move aligns with the region’s ambition to become a leading digital asset hub. With notable entities entering the space, including China Asset Management and Bosera Capital, the...
15 April
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andrew strauss
Ripple CEO’s bullish forecast ignites $33B XRP surge speculation.
XRP enthusiasts are finding hope in what they perceive as a double-bottom formation, signaling a potential upward trend for the cryptocurrency. Despite the complexities introduced by mixed technical indicators and market sentiment, there’s a prevailing sense of optimism within the XRP...
15 April
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andrew strauss
Shiba Inu Community Sets Crypto Ablaze As Burn Rate Skyrockets by 48,554.74%
The Shiba Inu (SHIB) community has recently ramped up its efforts to burn meme coins, aiming to decrease token supply and potentially increase value. This surge in burning activity, exemplified by a significant increase in transfers to “inferno” wallets, underscores the community’s...
12 April
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andrew strauss
Dogecoin’s Decline: Falling Demand and Market Caution Mark a Shift
Dogecoin (DOGE), once a prominent figure in the meme cryptocurrency realm, has encountered a setback as its value dipped by nearly 4% in the past 24 hours, now trading at 0.1909. Interestingly, despite this decline, DOGE’s trading volume has increased by 2.29%, suggesting mixed market activity...
10 April
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andrew strauss
Crypto Market Sees Record Inflows, Bitcoin Leads with $13.5 Billion Boost
Bitcoin has once again demonstrated its dominance in the crypto market with a notable $663 million surge in investments, marking a new yearly record. Coinshares reported a remarkable influx of around $646 million into institutional crypto products last week, propelling year-to-date investments to an...
10 April
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andrew strauss
Dogecoin price drops post massive transfer to Robinhood.
Dogecoin (DOGE) faced a notable downturn following a substantial transfer to Robinhood, where 245 million DOGE, valued at approximately $49.6 million, was moved. This transaction triggered an 8% drop in DOGE’s price within 24 hours, followed by a modest 2% recovery. Currently, DOGE is trading...
10 April
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andrew strauss
Bitcoin Trader Discloses $5.7M Shiba Inu Profit Alongside Meme Coin Success
In the early hours of today, the Shiba Inu community was rocked by a significant transaction as a whale wallet absorbed a staggering 692.4 billion Shiba Inu tokens from Crypto.com, making it the largest such transaction of the month. Valued at over $19.26 million and occurring at 3:18 AM (...
10 April
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andrew strauss