Tue, September 29

Spot Bitcoin ETFs Approval Ignites Ethereum and Altcoin Rally

A historic decision has been made by the United States SEC, which has approved the first spot Bitcoin exchange-traded funds (ETFs) in the nation. The decision is the culmination of months of waiting and a contentious legal struggle. This roundups an eventful 24 hours in which hackers momentarily took over

January 11, 2024 2 mins read

Litecoin (LTC) Tests Long-Term Support: Signs Point to a Possible Market Reversal

Litecoin (LTC) has returned to the spotlight with its recent price movements. Traders and analysts are closely monitoring key support levels, seeking insights into the potential trajectory of LTC in the coming weeks. A detailed technical analysis of Litecoin’s weekly time frame reveals a notable decline in the LTC price

January 10, 2024 2 mins read

Ethereum Whale Scoops Up $11 Million ETH As Price Surge Past $2,400

A mysterious crypto whale has recently executed a hefty transaction, acquiring 4,677 Ethereum valued at approximately $11 million, as reported by Lookonchain. The intriguing aspect of this purchase lies in the bold bullish stance the whale seems to be taking on Ethereum’s future while expressing a bearish sentiment towards Bitcoin,

January 10, 2024 2 mins read

Shiba Inu Burn Rate Surges 667% Amid Market Reversal

The Shiba Inu (SHIB) token has experienced an extraordinary surge of 667% in its burn rate, marking a pivotal moment for potential growth. This surge aligns with a slight increase in SHIB’s value, reflecting a positive sentiment shift among investors and suggesting the emergence of a more sustained bullish trend.

January 9, 2024 2 mins read

XRP Faces Critical Crossroads: Will It Break Out or Face Another Rejection?

The XRP price managed to break free from a long-term descending resistance trend line, a development that unfolded in July 2023 after reaching a low of $0.29 in June 2022. Following this breakout, XRP surged to a high of $0.94, subsequently experiencing a pullback that intriguingly found support at the

January 9, 2024 2 mins read

Shiba Inu Team Plans Massive 9.25 Trillion SHIB Burn

The team behind the Shiba Inu has declared their intention to burn 9.25 trillion SHIB coins this month. Aiming to drastically decrease the circulating quantity of the famous meme coin, this endeavor signifies a major change in the cryptocurrency’s approach. After a string of regular, although smaller sized burns, the

January 7, 2024 1 min read

Lido DAO (LDO) Hits 52-Week High Amidst Whale Activity

The DeFi token Lido DAO (LDO) gained attention because of its spectacular price increase. On January 6, the cryptocurrency reached a new 52-week high of $3.60 and gained more than 15% as per data from CoinMarketCap. Spot On Chain reported on twitter that in the wee hours of Saturday, a

January 6, 2024 1 min read

Solana Surpasses October 2022 Peak in Daily Transaction Volume

Daily Solana transaction volume exceeds $40 billion, according to recent statistics. Since October of 2022, it is the highest level. Meanwhile, tokens created utilizing the SPL standard are seeing economic throughput increases not seen since late 2022. From early December, when the seven-day moving average of transaction volumes was at

January 6, 2024 1 min read

Spain’s Central Bank Initiates Wholesale CBDC Pilot Initiative

Banco de Espana, the central bank of Spain, has selected its partners for the central bank digital currency (CBDC) trials, which were announced a year ago. A resolution announcing the collaboration with Cecabank, Abanca, and Adhara Blockchain was released on January 3rd by the central bank. The following six months

January 5, 2024 1 min read