Tue, September 29

Stablecoin Supply Skyrockets: Reaches $165 Billion, Highest in 2 Years

Due to rising competition caused by the issuance of new tokens, the total quantity of stablecoins linked to the US dollar seems to be heading back up towards its previous all-time high. The Block Data Dashboard reports that the total supply of USD-pegged stablecoins reached $165 billion at the end

April 23, 2024 1 min read

Chainlink (LINK) Rides Bullish Wave Amid Market Uncertainty

In a recent surge, Chainlink’s (LINK) price has showcased upward momentum, outpacing even the bullish momentum of Bitcoin following its halving event. This surge, propelling LINK up by 20%, has seen it surpass the significant resistance level of $15, firmly positioning itself above key moving averages and signaling a bullish

April 22, 2024 1 min read

Polkadot Faces Uphill Battle: Can DOT Hit $8?

Polkadot (DOT) has found itself grappling with a significant challenge – attracting and retaining investor interest. As the digital asset seeks to recover from recent price declines, the lack of attractive risk-adjusted returns and dwindling participation in the futures market have emerged as formidable obstacles. One of the key indicators

April 18, 2024 2 mins read

Shiba Inu Investors Exhibit Diamond Hands as 75% Hold for Over a Year

In a remarkable display of resilience and long-term vision, data has revealed that an impressive 75% of Shiba Inu (SHIB) token holders have held their investments for over a year. This statistic sheds light on investors’ unwavering belief in the token’s potential for growth, marking a significant shift in the

April 17, 2024 2 mins read

USDC Issuer Circle Successfully Completes SOC 2 Type 2 Audit

A System and Organization Controls (SOC) 2 Type 2 audit has been successfully completed by USDC issuer Circle. An indication of how seriously Circle takes the security of its clients’ data is the fact that it has undergone an audit in accordance with the guidelines set forth by the American

April 17, 2024 1 min read

Cardano (ADA) Experiences Massive Surge in Large Holder Inflows Amidst Top 10 Battle

Cardano (ADA) has witnessed an astonishing 28,372% increase in large holder inflows, a metric that tracks funds entering whale addresses. This surge, which saw inflows skyrocket from 54.93 million ADA on April 13 to an impressive 6.32 billion ADA on April 14, has caught the attention of the cryptocurrency community

April 16, 2024 2 mins read

Binance Coin (BNB) Faces Bearish Pressure, Eyes $600 Breakout

The recent market crash caused Binance coin (BNB) price to take a hit, losing ground above the crucial $600 level and breaking below a critical support trendline. This breakdown has shifted the dynamics in the Binance price chart to the bearish side, raising concerns about a potential correction. But these

April 16, 2024 1 min read

Shiba Inu Heats Up Amidst Massive 650 Million SHIB Token Burn

Despite a period of relative quiet, the dedicated Shiba Inu (SHIB) community has sustained its token-burning campaign, with periodic contributions helping to bolster the deflationary trend. This ongoing effort involves sending SHIB tokens to a dead or burn wallet, permanently removing them from circulation. An anonymous wallet address initiated one

April 15, 2024 2 mins read

Shiba Inu (SHIB) Poised for 150% Price Surge: Here’s When

The cryptocurrency market has been experiencing a bearish trend in recent weeks, with Shiba Inu (SHIB), seeing significant price declines. However, prominent crypto analytic platform CoinCodex forecasts that Shiba Inu could witness a massive price surge of over 150% by the end of April, despite the current market conditions. The

April 12, 2024 2 mins read

Ripple (XRP) Poised for Bullish Wave, Analyst Predicts Surge Above $4

In a recent analysis, Bitcoin analyst Mikybull has drawn attention to a potentially massive bullish wave that could propel XRP, the digital asset associated with Ripple, above the $4 mark. The analyst’s findings, based on a 2-week chart depicting XRP’s historical candlestick patterns, suggest that “a huge bullish tide is

April 11, 2024 2 mins read