The rate of burning Shiba Inu (SHIB) tokens has reached a new record high, data from Shibburn shows. Over 55 million SHIB were sent to dead wallet addresses overnight, representing a 283% increase in the burn rate. According to the analysis of Shibburn data, more individual wallets are now involved
To take advantage of the Web3 potential in Dubai, Solana Foundation, the non-profit behind the layer-1 blockchain Solana, has become an ecosystem partner with the Dubai Multi Commodities Centre (DMCC), the biggest free trade zone in the United Arab Emirates. According to the announcement, Solana will be able to provide
The oldest gem, Bitcoin (BTC), has experienced a significant price jump of 4.5%, rising from $27,001 to $27,963. The surge has been fueled by growing optimism surrounding the potential approval of a Bitcoin exchange-traded fund (ETF) in the near future, igniting bullish hopes within the crypto community. Over the weekend,
Investors have suffered heavy losses as a result of recent crypto market movements. The price of Bitcoin and several other cryptocurrencies has fallen recently due to concerns about geopolitical unpredictability and lackluster US macroeconomic statistics. IntoTheBlock, a blockchain data research company, says that the Ethereum network has entered a new
The crypto market continues to struggle with major cryptocurrencies trading in red. However, investors have sought solace in the Loom Network (LOOM). The token has had a tremendous price increase, rising by almost 510 percent in the previous 30 days to its current value of $0.26. LOOM has gained nearly
Ethereum, the second-largest cryptocurrency by market capitalization, recently reached a seven-month low at $1,528. In the past three months, ETH has been under intense bearish pressure, leading to a sustained downward trend. Despite a brief attempt by bulls to push the price above the $1,750 resistance level in early October,
In November 2022, the crypto world witnessed a shattering chapter in its history with the collapse of FTX, a once-prominent crypto exchange. What initially appeared as a mere accounting oversight soon unveiled itself as a massive fraud, resulting in the loss of billions of dollars for customers and investors. Shockingly,
On-chain data suggests that Ethereum whales are showing resilience in the face of heavy selling pressure. According to the available data, the top 10 Ethereum whales have amassed an incredible 40 million ETH in the last few days. Santiment, an on-chain data source, noted that the wealthiest Ethereum wallet addresses
The crypto market today continued its bearish phase. In recent days, the value of Bitcoin (BTC) has struggled to rise beyond the $28,000 mark, and on Monday morning, it was trading at about $27,769, down 0.69% in the last 24 hours. The selling pressure has resulted in significant losses for
PKR has successfully migrated it’s contract from Ethereum and BNB Smart Chain to Polygon – this means lower gas fees, more secure transactions, and no bridge risks! MEXC and Bitmart will enable deposits and trading at 09:00 UTC on October 7th, and withdrawals will be enabled 09:00 UTC on October
