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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

Shiba Inu (SHIB) Price Plummet Leaves Investors Reeling: What's the Next Step?

Shiba Inu (SHIB) Price Plummet Leaves Investors Reeling: What’s the Next Step?

The Shiba Inu token (SHIB), previously hailed as the “Dogecoin Killer,” is currently facing challenges as the cryptocurrency market contends with regulatory scrutiny. SHIB has experienced a decline of approximately 20% in its value, resulting in a price level of $0.000006 and diminishing its profitability to a modest 7%. Consequently,

June 12, 2023 1 min read
Shiba Inu (SHIB) Lead Expresses Enthusiasm Over Recent Ecosystem Advancements

Shiba Inu (SHIB) Lead Expresses Enthusiasm Over Recent Ecosystem Advancements

Shiba Inu has garnered significant attention and gained a strong following, resulting in the emergence of the SHIB army community. This surge in popularity can be attributed to various factors that have contributed to its position as the second-largest meme coin. As time has passed, the SHIB team has established numerous

June 8, 2023 1 min read
Coinbase's Staked Ether Experiences a Surge in Redemptions Amid SEC Lawsuit

Coinbase Staked Ether Experiences a Surge in Redemptions Amid SEC Lawsuit

Following the disclosure of the SEC’s lawsuit against Coinbase on June 6, there has been a notable increase in users unstaking their staked ether on the exchange. On-chain data compiled by blockchain firm 21 reveals that during this period, a total of 39,550 Coinbase Staked Ether (cbETH) valued at $75

June 8, 2023 1 min read
Ripple CEO's Recent Remarks Imply a Promising Resolution in SEC Lawsuit, Lawyer Analyzes

Ripple CEO’s Recent Remarks Imply a Promising Resolution in SEC Lawsuit, Lawyer Analyzes

Ripple CEO Brad Garlinghouse recently shared his perspective on the recent remarks made by SEC Chairman Gary Gensler regarding digital currencies via Twitter. In his statement, Garlinghouse suggested that he perceives certain limitations to the SEC’s authority and interpreted Gensler’s actions as indicative of weakness. Prominent Ripple lawyer reacts to

June 7, 2023 1 min read
Shiba Inu Scam Alert: Unmasking the Fake ShibaSwap

Shiba Inu Now Accepted by Over 440 Merchants, Here’s How

Shiba Inu has garnered significant attention and gained a strong following, resulting in the emergence of the SHIB army community. This surge in popularity can be attributed to various factors that have contributed to its position as the second-largest meme coin. As time has passed, Shiba Inu has established numerous partnerships,

June 7, 2023 1 min read
SEC

SEC Chair Gary Gensler Argues Against More Digital Currency, Cites US Dollar Dominance

SEC Chair Gary Gensler expressed his view that the United States does not require additional digital currency. This statement came alongside the SEC’s legal actions against Binance and Coinbase for allegedly operating unregistered securities exchanges. During an interview with CNBC, Gensler refuted allegations that his approach was creating ambiguity regarding

June 6, 2023 1 min read
U.S SEC Counters Coinbase's Claims in Recent Filing, Find Out!

Coinbase SEC Lawsuit Rattles Crypto Market, Bitcoin, Ethereum Prices Fall

Following the Securities and Exchange Commission’s lawsuits against Coinbase and Binance, two prominent cryptocurrency exchanges, there was a slight marginal decrease in the prices of Bitcoin, Ether, and other major cryptocurrencies. Bitcoin experienced an immediate decline of approximately 2.87%, Ether dipped by 1.72%, and BNB, Binance’s digital currency, reached a

June 6, 2023 1 min read
Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Recent reports from Bloomberg have generated speculation regarding the potential appointment of Richard Teng as the CEO of the global crypto exchange Binance. Richard Teng, who has recently been appointed as the regional head for all Binance markets outside the United States, has seen his name linked to the CEO

June 5, 2023 1 min read
Ethereum Co-founder Moves $41 Million in Ether to Kraken Address

Ethereum Co-founder Moves 22,000 ETH to Kraken Address

An Ethereum address, believed to be controlled by Ethereum co-founder Jeffrey Wilcke, has reportedly sent 22,000 ether, equivalent to $41.1 million, to an address on the Kraken exchange. The transfer took place approximately two hours ago and has been verified by multiple sources. Despite this transfer, Wilcke’s address still retains

June 5, 2023 1 min read
Whopping $174 Million Worth of BTC Transferred by Miners to Exchanges in Two Weeks

Bitcoin Miners Rake in Impressive $916 Million in May Revenue

In May, Bitcoin mining revenue achieved a significant milestone, reaching $916.6 million, representing a notable month-over-month increase of 13.7%. The Block’s Data Dashboard reveals that this figure includes transaction fees totaling over $120 million. The surge in transaction fee revenue can be attributed to increased on-chain activity, primarily driven by

June 1, 2023 1 min read