Tue, September 29

Shiba Inu (SHIB) Eyes $0.00001 Resistance Amidst Volatile Recovery

Shiba Inu’s price rebounded sharply this week, jumping over 3% as the broader crypto market turned bullish again. After hitting recent lows near $0.0000088, SHIB now trades around $0.000009200 as it tries to reclaim the psychologically key $0.00001 level. The meme coin has followed an uneven recovery pattern so far

February 8, 2024 2 mins read

ARK 21Shares Adopts Cash-Creation Strategy and Staking for Spot Ether ETF

ARK 21Shares has made changes to their spot Ether ETF application in order to implement a cash-creation approach, which is comparable to their authorized spot Bitcoin ETF. Additionally, they have also hinted to stake some of the ETF’s Ether in order to produce more revenue. After many conversations with the

February 8, 2024 2 mins read

Solana (SOL) Surges to $102, Outperforming BTC Despite Outage

Solana (SOL) bounces back with resilience following a temporary network outage on February 6th, reassuring investors as the cryptocurrency gains 6.56% in the past 24 hours, trading at $101 with a market cap of $44.3 billion. Additionally, the daily trading volume for SOL surged over 17% to reach $1.95 billion.

February 8, 2024 1 min read

Shiba Inu Analysis: Predicting SHIB’s Value at $500,000 Bitcoin

Bitcoin’s next halving event occurs this April, potentially spurring a crypto bull run that sends Shiba Inu soaring. Halvings reduce BTC rewards to miners, constraining supply growth. This scarcity effect often precedes major Bitcoin price increases. Any BTC breakout to new highs could positively impact other cryptocurrencies, like SHIB. Analysts

February 8, 2024 2 mins read

Ethereum Price Shows Signs of Bullish Reversal; How High Can ETH Go?

Ethereum recently faced rejection at Fibonacci (Fib) resistance and trended downward. However, its price has now bounced at a critical Fib support level, signaling that the coin may turn bullish again soon. This rebound suggests investors might resume purchases, potentially lifting ETH out of its post-resistance decline. Bear Cycle weighs

February 8, 2024 2 mins read

Why Are Whales Accumulating Chainlink (LINK)?

The leading altcoin, Chainlink (LINK), has captured attention as large-scale investors, known as crypto whales, have initiated a significant accumulation of LINK tokens. Following LINK’s surge to a remarkable two-year high of $19.62 on Monday reports from blockchain analytics firm Lookonchain have unveiled intriguing insights into the buying spree among

February 7, 2024 2 mins read

Ryoshi Network VS Shibarium Network, Which L2 Blockchain is Better?

Layer 2 (L2) solutions have emerged as methods to address the challenges of scalability and efficiency facing Layer 1 (L1) networks. Among the various L2 innovations, Ryoshi Network and Shibarium Network are two options, each with its own approach to improving blockchain performance. This article analyzes Ryoshi Network and Shibarium

February 7, 2024 4 mins read

Binance Announces Monero (XMR) Delisting, Triggering a 38% Price Drop

Following Binance’s announcement that it would delist the Monero (XMR) privacy coin from its platform, the price of the privacy-focused cryptocurrency fell to levels not seen in months. Binance said on February 6 that Monero (XMR) would be delisted from the exchange on February 20, 2024, along with other currencies

February 6, 2024 2 mins read

4 Tokens that May Outshine Solana (SOL) in 2024

The cryptocurrency landscape is dynamic, with tokens continually vying for dominance. Solana (SOL), known for its efficiency, faces formidable competition from emerging tokens in 2024. Among the contenders are Retik Finance (RETIK), Avalanche (AVAX), Uniswap (UNI), and Polkadot (DOT). Each brings distinct strengths, innovations, and potential trajectories that position them

February 6, 2024 4 mins read

Inferno Drainer Nabs $900,000 Worth of Chainlink (LINK) in Latest Crypto Hack

Yet another multi-hundred thousand dollar crypto hack hit the news this week, tied to the surging real-world asset tokenization trend and lax security practices. According to threat intelligence group Arkham, hacking syndicate Inferno Drainer made off with $900,000 worth of Chainlink’s LINK tokens from a Swiss crypto investment fund’s hot

February 5, 2024 2 mins read