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Search Results for: Ethereum

Shiba Inu (SHIB) Rallies Rising 6% Post CPI Statistics Release

Shiba Inu (SHIB), the second biggest meme currency, rose in value by 6% during the last day. After the recent bank failures in the United States, the positive momentum indicates a rebound. At press time, Shiba Inu was worth $0.00001170, according to statistics from CMC. The market cap of SHIB

March 14, 2023 1 min read

VeVe Introduces First-ever Digital Collectibles Based on Iconic Sesame Street Brand

Sesame Street Digital Collectibles to Debut Exclusively through the VeVe App AUCKLAND, New Zealand & NEW YORK–(BUSINESS WIRE)–VeVe, the largest digital collectibles platform, is launching a series of first-ever digital collectibles based on the iconic brand Sesame Street, which is produced by the nonprofit media organization Sesame Workshop In the

March 14, 2023 3 mins read

John Richmond Enters SHIB The Metaverse as Premiere Fashion Partner

Rock & Roll Fashion Icon’s Latest Innovation Bridges Web3, Digital Wearables and IRL Styles to Super-Strong #ShibArmy in the Shiba Inu Token Ecosystem AUSTIN, Texas–(BUSINESS WIRE)–The renowned rock-style fashion brand John Richmond has officially expanded into the next dimension, as the premiere fashion partner of SHIB The Metaverse. The new

March 14, 2023 4 mins read

Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation

The value of Bitcoin (BTC), the biggest cryptocurrency, increased by an astounding 18% during the previous 24 hours to surpass the $26,000 mark. This increase occurs after inflation rates seemed to be leveling off in February. Yet, February’s inflation increase was in keeping with market forecasts. The annual inflation rate

March 14, 2023 1 min read

Bitcoin (BTC) Price Witnesses Rapid Surge Crossing $26K Mark

The United States Consumer Price Index (CPI) data exhibited conflicting inflation indications on March 14, driving Bitcoin (BTC) over $26,000. The announcement of the Consumer Price Index for February triggered an unexpected wave of turbulence. Year-over-year inflation rose by 6%, while inflation from month-to-month came in at 0.4%, which was

March 14, 2023 1 min read

Decentralized Exchanges Record Massive Sales Volume Surge

This past weekend saw a surge in trading activity for USDC across many decentralized exchanges. The 11th of March was the day when Uniswap’s volume was the largest ever, at $11.84 billion. Yet, it isn’t the first decentralized protocol to gain popularity. This occurs following the weekend de-pegging incident of

March 14, 2023 2 mins read

Bitcoin Surpasses $24K to Confirm Next Bull Run?

The decentralized pioneer Bitcoin transitions to an uptrend spiking the anticipation of a bull run. Despite the Fed economy being in financial distress of the centralized bank runs, BTC outperformed by surging above $24,000.  Following the closure of Signature bank, BTC shot up from $20k to $24.8K. Significantly, since the

March 14, 2023 2 mins read

Crypto Market Signals Bullish with Recent USDC, SHIB & ETH Rally

Since heightened volatility during pre-market hours on Monday, significant bank stocks have been suspended in the wake of Silicon Valley Bank’s demise. That led equities to witness a crucial selloff. Also, the shares of First Republic Bank dropped by more than 60% due to a cascading effect from the second-largest

March 14, 2023 2 mins read

Meta Plans to Stop Support for NFTs on Facebook and Instagram

Just over a year after revealing plans, big Tech firm Meta is now pausing plans to let users share digital collectibles on its Instagram and Facebook platforms. Stephane Kasriel, Meta’s head of commerce and financial services, declared on Twitter on Monday that the closure will allow it to focus on

March 14, 2023 1 min read

DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit

According to audit platform BlockSec, the decentralized finance (DeFi) platform Euler Finance was the victim of an attack worth over $196.9 million. Hackers made off with $135.8 million worth of Staked Ethereum (stETH), $33.8 million worth of Circle’s stablecoin USDC, and $8.7 million worth of the decentralized stablecoin DAI. Euler

March 13, 2023 1 min read