The SHIB price is currently experiencing a significant battle between bulls and bears, resulting in a decisive point for Shiba Inu. IntoTheBlock’s In/Out of the Money Around Price (IOMAP) provides insights into the ongoing dynamics between these two groups and sheds light on key buying and selling areas acting as
The recent H1 2023 report released by CoinMarketCap (CMC) provides valuable insights into the cryptocurrency market’s performance and key trends during the second quarter of the year. The report highlights several noteworthy findings that shed light on the industry’s recent developments. Cryptocurrencies were worth $1.17 trillion in the second quarter,
Binance, the world’s largest crypto exchange, announced that it had completed its 24th quarterly burn. There is a massive amount of BNB tokens that are burned in this quarterly burn. This time, the exchange includes the Auto Burn as well as the Pioneer Burn program. The 24th quarterly $BNB token
US Presidential candidate Robert F. Kennedy Jr. has recently gained attention with his bold Bitcoin-focused policies. Speaking at a Heal-the-Divide PAC event, he stated, “Backing dollars and US debt obligations with hard assets like bitcoin could help… and prosperity.” Kennedy emphasized the potential benefits of his proposal, including restoring strength
Reddit users’ native token, Moons, has seen a meteoric rise in value after being listed on the crypto exchange Crypto.com. CMC reports that the trading price of a token is $0.48, up 67% in the last 24 hours. On Monday, after hearing that Kraken, a cryptocurrency exchange, was contemplating listing
Vitalik Buterin, Ethereum’s co-founder, has discussed some of the obstacles that have arisen throughout the process of introducing account abstraction on the blockchain, despite the fact that this new feature is seen as an impetus that might bring one billion people to Ethereum. On July 18 at the Ethereum Community
The Financial Conduct Authority (FCA) of the United Kingdom has released a new guideline aimed at addressing the noncompliance of crypto memes with promotional guidelines. The FCA has observed an increasing use of memes in crypto communications without firms realizing the need to comply with its guidelines. FCA’s development affects
According to the BNB burn portal, Binance will burn 1.99 million BNB tokens as part of its 24th quarterly burn mechanism. To reduce the total number of BNB tokens in circulation, Binance has implemented a process called BNB Auto-Burn. The BNB price has been stuck around the $250 mark for
Finance Minister Nirmala Sitharaman of India, which is now holding the G20 chair, said on Tuesday that the G20 embraced the recommendations of the Financial Stability Board (FSB) on crypto asset activity and global stablecoin arrangements. After several claims of criminal behavior surfaced during crypto’s recent rocky year. The international
According to analytics firm Glassnode, there has been a notable surge in the amount of Ethereum locked in the ETH 2.0 deposit contract, reaching a new peak of 25,937,766 ETH. This milestone was previously achieved after the Shanghai upgrade in April, allowing withdrawals from the ETH 2.0 deposit contract. Validators
