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Search Results for: shiba Inu

Elon Musk Says Doge Rebranding Had No Impact

Twitter, the social media platform, has rebranded itself from Twitter to X. Users are more excited about the rebranding and sharing their thoughts on it. A reply from the Twitter boss and Tesla CEO Elon Musk regarding his previous Twitter logo change to a Shiba Inu dog sparks speculations among

July 26, 2023 2 mins read

Dogecoin Whales Accumulate Billions: Speculating on Their Intentions

Crypto analyst and trader Ali Martinez recently shared data on Twitter (now called the “X app”) concerning significant accumulation of the original meme coin, Dogecoin, by whales. According to his tweet, over the past few weeks, these wallet owners have substantially increased their holdings of the meme coin. Ali presented

July 24, 2023 1 min read

Large SHIB Transfers from Unknown Sources: Identifying the Key Beneficiaries

According to data from Etherscan, a significant amount of Shiba Inu meme coins has been transferred by anonymous wallets recently. Fifteen transactions were recorded, totaling 42 billion SHIB, which is approximately equivalent to $327,600. Notably, around 14 billion SHIB were withdrawn from prominent cryptocurrency exchanges, including decentralized platforms like Kraken,

July 24, 2023 1 min read

Elon Musk Tweet About Doge Sparks a Momentary Pump

Elon Musk, the CEO of Tesla and owner of Twitter, has a playful habit of occasionally expressing his fondness for memecoins. On a recent Wednesday, he continued this trend by tweeting about the popular dog-themed cryptocurrency, Dogecoin (DOGE), which resulted in a sudden 4% price jump within just a few

July 20, 2023 2 mins read

Nasdaq Drops Crypto Custody Plans Amid Regulatory Uncertainty

On Wednesday’s earnings call, CEO and President Adena Friedman said that Nasdaq (NDAQ) will not be launching its planned cryptocurrency custody service in the second quarter of this year. The American stock exchange giant said in September 2022 that it was assembling the necessary infrastructure and regulatory permission to launch

July 19, 2023 2 mins read

CoinMarketCap Releases Intriguing Cryptomarket Report for H1 2023

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,

July 19, 2023 6 mins read

FCA Sounds Alarm on Meme Coins: PEPE, SHIB, and DOGE in the Crosshairs

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

July 18, 2023 1 min read

STEPN (GMT) Price Prediction 2023 — Will GMT Hit $1 Soon?

In STEPN (GMT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about GMT to analyze the future movement of the cryptocurrency. STEPN (GMT) Current Market Status Current Price $0.2419 24 – Hour Trading Volume $302,872,082 24 – Hour Price Change 6.66% down Circulating Supply 1,104,192,453

July 18, 2023 6 mins read

Ethereum (ETH) Sets Impressive Record, Reports Unveil Monumental Milestone

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

July 18, 2023 1 min read

5.2 Trillion SHIB Transfer Recorded; Raising Multiple Speculations

Arkham, a blockchain intelligence platform, has detected a transfer of a remarkable 5.2 trillion Shiba Inu (SHIB). Some of the anonymous wallets getting the SHIB for the first time received cash from a whale address, each worth around $3 million. During a moment of low volatility for the meme currency,

July 17, 2023 1 min read