As the crypto market anxiously awaits a spot Bitcoin ETF, Dogecoin has moved in lockstep with Bitcoin price action around major developments. When BlackRock filed for a Bitcoin ETF in June, Bitcoin rallied 20% as institutional ETF involvement looked more promising. At the same time, the Dogecoin price surged 36%
October 19, 2023 1 min read
According to analysis by altFINS, Solana has seen a bullish breakout from a falling wedge pattern, rallying 20% to reach the target resistance zone of $25–30. Short- and medium-term trends have now inflected to uptrend status. After breaking wedge resistance, Solana reached altFINS’ projected area of contention between $25 and
October 19, 2023 1 min read
Shiba Inu-affiliated artificial intelligence project Bad Idea AI has released a major 2.0 upgrade for its chatbot application. Key enhancements include per-room memory retention, performance improvements, and security updates. In a tweet, the BAD team highlighted the launch of version 2.0 and its new capabilities. BAD aims to blend AI,
October 18, 2023 1 min read
The United Kingdom has become a major global crypto hub, ranking as the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE), according to new research from Chainalysis. Chainalysis’ 2023 Geography of Cryptocurrency report found that the U.K. was the third biggest crypto economy worldwide over the past year
October 18, 2023 1 min read
Scroll, a zero-knowledge rollup project aimed at boosting Ethereum’s throughput, has officially launched its mainnet, according to an announcement Tuesday. Chinese journalist Colin Wu reported that Scroll’s mainnet will initially focus on onboarding infrastructure providers to the network. The project utilizes zkEVM technology, which the team states provides an experience
October 17, 2023 1 min read
A whale-sized transfer of the popular meme cryptocurrency Dogecoin (DOGE) has caught the attention of the crypto community. According to blockchain tracker Whale Alert, an anonymous wallet moved 110 million DOGE, worth around $6.1 million, to leading U.S. exchange Coinbase on February 5th. The massive transaction comes as Dogecoin hovers
October 17, 2023 1 min read
According to analytics provider Santiment, large Chainlink (LINK) holders have been rapidly accumulating tokens over the past 5 weeks amidst a price recovery. Chainlink has gained 30% over the last 5 weeks, now trading at around $7.51. During this period, Santiment data shows wallets holding between 100,000 to 1 million
October 17, 2023 1 min read
The rate of burning Shiba Inu (SHIB) tokens has reached a new record high, data from Shibburn shows. Over 55 million SHIB were sent to dead wallet addresses overnight, representing a 283% increase in the burn rate. According to the analysis of Shibburn data, more individual wallets are now involved
October 16, 2023 2 mins read
A false tweet claiming the SEC approved a Spot Bitcoin ETF by BlackRock ignited a brief crypto rally and over $100 million in liquidations across exchanges on Monday. Bitcoin spiked from $27,900 to over $30,000 following the fake report, which was posted on a Twitter account impersonating Financial News London.
October 16, 2023 1 min read
Billy Markus, who co-created the Dogecoin cryptocurrency back in 2013, revealed via Twitter this week that he had $500 stolen from him during a visit to Japan. However, he expressed equal dismay over both the theft and the cultural shame it elicited as a Japanese-American. In a series of tweets,
October 12, 2023 1 min read