Sun, May 17

BNB Price Dips to Low Amidst the SEC Legal Battle

The largest crypto exchange, Binance, native cryptocurrency BNB, witnessing a massive decline due to the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance.  The lawsuit brought by the SEC against Binance has had a significant impact on the token BNB. And the crypto token price

June 12, 2023 2 mins read

Shytoshi Kusama Drops Bombshell Update for Shiba Inu’s Shibarium

Shytoshi Kusama, the enigmatic persona driving the Shiba Inu project, unveiled an exhilarating update on the progress of Shibarium. Consequently, the Shiba Inu community is eagerly bracing for new developments in the ecosystem. The upcoming “Something is Coming” trailer significantly highlights the ecosystem’s next breakthrough. Shytoshi Kusama just brought a

June 11, 2023 2 mins read

TrueUSD (TUSD) Stablecoin Makes Strong Come Back Post Brief Depeg

After a brief interruption in minting activity via its technological partner Prime Trust, the stablecoin TrueUSD (TUSD) lost its dollar peg in the early hours of June 10. At its lowest in the last 24 hours, the market price of the fifth most valuable stablecoin by capitalization was $0.9958. Its

June 11, 2023 2 mins read

Ethereum’s Profits Dip as Market Matures: Price Resilience Offers Hope

Ethereum (ETH) has established itself as a prominent player, captivating investors and enthusiasts alike. Glassnode Alerts, a leading data analytics platform, recently reported that the number of profitable ETH addresses had reached a one-month low.  However, Ethereum’s price has experienced a modest 1.14% increase amidst this decline, currently trading at

June 11, 2023 3 mins read

Shiba Inu’s Astounding 4,181% Burn Surge: Scarcity Sparks Hope Amid Price Dip

In the volatile world of cryptocurrency, Shiba Inu (SHIB) bucks the trend with an astounding 4,181% surge in its burn rate. This indicates a massive reduction of 256,266,011 SHIB tokens from circulation within the last 24 hours. The tokens are gone, sent off to a ‘dead’ wallet, as Shibburn data

June 11, 2023 2 mins read

Terra Classic LUNC Staking Reaches New Record High of 1 Trillion

Staking in Terra Luna Classic (LUNC) has achieved a new record high of 1 trillion. Since last year, when a team of developers lead by professor Edward Kim introduced staking to Terra Classic, the community has been patiently waiting for this momentous accomplishment. Around a trillion LUNC, or roughly $100

June 11, 2023 2 mins read

Is Solana (SOL) Dipping to the Bottom in the Crypto Market?

As June 2023 has started out with a bear market, it just keeps on continuing with the same. However, the blockchain platform named Solana (SOL) had remarked an utter loss over a month of analysis. According to CoinMarketCap, SOL is pricing at $15.79 with a 25.23% decrease over the last

June 11, 2023 2 mins read

Chainlink (LINK) Market in Turmoil: Whales Dump $2.6M on Binance

Reports highlight notable transfers of LINK, suggesting the involvement of whales and institutions in a potential dumping trend. A substantial amount of 451,135 LINK, valued at $2.26 million, deposited by a whale into Binance. And also the latest reports reveal that a significant majority of Chainlink holders, approximately 88%, currently

June 10, 2023 2 mins read

Circle To Continue With IPO Plans Despite SEC Crackdown

Circle, the issuer of the USDC stablecoin, has continued with its preparations for an initial public offering (IPO) despite aggressive regulatory action by the U.S. Securities and Exchange Commission (SEC). But in light of the present regulatory climate, Circle can expect everything but an easy ride. Circle planned a merger

June 10, 2023 2 mins read

BREAKING: ADA, SOL, MATIC, SHIB, DOGE Drop to Shocking Lows 

The global cryptocurrency market dropped 5% over the last 24 hours, displaying the wild crashes of altcoins. Among them, Cardano (ADA), Solana (SOL), and Polygon (MATIC) recorded alarming price drops. Memecoins — Shiba Inu (SHIB) and Dogecoin (DOGE) — were also spotted on the list of cryptocurrencies that displayed startling

June 10, 2023 3 mins read