Recent analysis of the Shiba Inu network has revealed a significant downturn in the rate of token burning, even during a relatively calm weekend trading period. The burn rate of SHIB has witnessed a considerable drop, dropping by over -79.%. Token burning involves deliberately removing tokens from circulation, thereby reducing
July 5, 2023 1 min read
IntoTheBlock, an on-chain data vendor, recently shared intriguing information about Litecoin (LTC), often referred to as “digital silver.” According to their findings, leading up to the upcoming halving event, a portion of Litecoin wallets has held approximately 13% of the circulating LTC supply without any movement for a span of
July 4, 2023 1 min read
ShibArmy Scam Alerts, a Twitter account dedicated to exposing scams and protecting Shiba Inu users, has informed the SHIB community about potential scams involving SHIB 2.0. In a recent tweet, @susbarium cautioned the SHIB community about tokens originating from addresses claiming to be associated with SHIB 2.0. The community was
July 4, 2023 1 min read
Floki Inu (FLOKI), a notable meme coin in terms of market capitalization, has recently formed a strategic partnership with Binance, which is recognized as the largest cryptocurrency exchange worldwide. The primary objective of this collaboration is to promote the adoption of Floki Inu through an organized marketing campaign utilizing Binance
July 3, 2023 1 min read
According to a recent report by on-chain data aggregator Glassnode, smaller Bitcoin wallets, often referred to as “shrimps,” have been actively accumulating Bitcoin in significant amounts. The report highlights that these shrimps, holding less than 1 BTC, have purchased over 33,400 Bitcoins on a monthly basis. The data further indicates
July 3, 2023 1 min read
Recently, Cardano founder Charles Hoskinson announced on Twitter that he will be taking a brief hiatus from the platform. This decision comes amidst an ongoing debate surrounding Twitter’s implementation of reading limits for users, commonly referred to as rate limits. Twitter, led by CEO Elon Musk, introduced these restrictions as
July 2, 2023 1 min read
Recent observations on the Shiba Inu network have revealed a noteworthy rise in the number of coins being burned, despite a relatively quiet weekend trading session. The burn rate of SHIB has experienced a remarkable increase, doubling to reach an impressive 150%. Token burning involves intentionally removing tokens from circulation,
July 2, 2023 2 mins read
The European Commission made an official announcement on June 28 regarding its proposal for a legislative plan for a digital euro. The aim of this proposal is to establish the digital euro as a widely accepted and easily accessible form of payment. The commission highlighted the importance of ensuring easy
June 28, 2023 2 mins read
FTX, the international cryptocurrency exchange, is embarking on a new phase after a tumultuous period in its history. Following a highly publicized collapse in 2021, the company is now focused on relaunching its flagship platform. John J. Ray III, who assumed leadership during the bankruptcy proceedings, confirmed that FTX has
June 28, 2023 2 mins read
@LucieSHIB, a content marketing specialist within the Shiba Inu ecosystem, recently took to Twitter to share a captivating update that has captured the attention of the SHIB community. The anticipation revolves around an impending release from none other than Shytoshi Kusama, a lead developer within the SHIB team, who is
June 27, 2023 2 mins read