A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Floki DAO, the decentralized organization behind the popular FLOKI memecoin, has completed the burning of 15.246 billion FLOKI tokens. This decision follows an overwhelming vote from the community, with 99% of the participants favoring the burn. The proposal to reduce the token supply, put forth on May 13, 2024, aimed
May 23, 2024 2 mins read
In the latest wave of consolidation within the global crypto market, memecoins are once again driving significant gains. Leading this surge is PEPE, which has achieved a remarkable rise of over 30%, reaching a new all-time high above $0.000014 in the early hours of trading. As Ethereum (ETH) demonstrates increased
May 22, 2024 2 mins read
Last week, the cryptocurrency market experienced a significant resurgence, with the global market cap increasing by 8%, reaching $2.44 trillion. This rise represents an over $150 billion gain, bolstered by substantial increases in most leading cryptocurrencies. Bitcoin, in particular, made notable strides, surpassing the $67,600 mark overnight. Following this overall
May 20, 2024 2 mins read
A significant Shiba Inu transaction has caught the crypto community’s attention as a major investor, identified by the wallet address 0x541, moved all 197.99 billion SHIB tokens, worth approximately $4.88 million, to Coinbase. This action follows six months of inactivity with the token, with the sale price at $0.00002463. The
May 17, 2024 2 mins read
Coinbase, a leading cryptocurrency exchange, is gearing up to introduce a specialized service aimed at Australia’s self-managed pension sector, according to insights shared by John O’Loghlen, the Managing Director for the Asia-Pacific region at Coinbase, says Bloomberg. The move comes as self-managed superannuation funds in Australia have increasingly shown interest
May 16, 2024 1 min read
Shiba Inu (SHIB), a meme-inspired cryptocurrency, has witnessed remarkable activity from whales, causing a stir among investors. In the early hours of May 16th, an unidentified whale made a significant move by transferring a staggering 3 trillion SHIB tokens, valued at approximately $75.9 million, from an undisclosed wallet to the
May 16, 2024 2 mins read
In a recent disclosure to the United States Securities and Exchange Commission (SEC), Millennium Management, a prominent global investment management firm, unveiled its substantial investment in spot Bitcoin Exchange Traded Funds (ETFs). According to the filing, Millennium’s Bitcoin ETF holdings make up 3% of its $64 billion fund as of
May 16, 2024 2 mins read
Cardano (ADA) has once again captured the attention of investors and analysts alike as it surged by 18% in the past six months, after breaking through the resistance level at $0.44. Market experts, buoyed by ADA’s current situation and its notable performance in 2021, are optimistic about its potential for
May 15, 2024 1 min read
Federal court orders Elon Musk to testify again in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion Twitter takeover. The court ruled in favor of the SEC’s request after Musk refused to attend an initial interview in September 2023, claiming “harassment.” The investigation centers on whether Musk
May 15, 2024 1 min read
El Salvador continues to solidify its position as a leading Bitcoin-centric nation, showcasing impressive strides in both Bitcoin mining and green energy initiatives. Recent reports indicate that the country has significantly bolstered its Bitcoin reserves, with the latest figures revealing a substantial increase. According to records, El Salvador has mined
May 15, 2024 2 mins read