Crypto Bits

Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations

Federally approved digital asset securities platform Prometheum has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute stems from a November 6 post on X, where the critic accused the firm of operating “an illegal unregistered commodities exchange” and engaging in shady dealings with the U.S. Securities and Exchange Commission (SEC). Free Speech...
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Circle and Binance Partner to Drive Global USDC Adoption and Battle USDT

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether. The Alliance Details about revenue sharing in this arrangement remain...
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Important Shiba Inu (SHIB) Announcement

Shiba Inu’s blockchain underwent a considerable upgrade today. The Heimdall and Bor hard forks are live. They aim to improve performance and stability and include an upgradeable burn contract. The Heimdall Hard Fork According to the official documentation, the latest version of the Heimdall upgrade, namely v1.07-bone has been released for the Shibarium blockchain. Amid...
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Ripple (XRP) Price Explodes Above $1

The bull market seems to be going at full speed and some altcoins are performing undoubtedly better than others. The case in point is Ripple’s XRP, which is up by a whopping 32% in the past 24 hours alone. At the time of this writing, XRP is trading at slightly less than $1.20 and is...
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Pi Network (PI) News and Deadlines: Here’s What You Need to Know

Pi Network, the mobile app that allows users to mine cryptocurrency on their smartphones, has been one of the most popular projects in recent years, garnering the attention of millions of people throughout the world. The application has over 50 million downloads on the Google Play Store, and many users eagerly anticipate the launch of...
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Ripple v. SEC Lawsuit: Can the Commission Win the Appeal?

Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s...
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The 3 Most Important Things You Need to Know About Pi Network (PI)

Pi Network is a very popular project in the cryptocurrency space, garnering the attention of hundreds of thousands of people worldwide. It has been around for years and is likely one of the most controversial initiatives in the industry. In the following article, we take a look at the three most important things you need...
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Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI

Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on...
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Critical Warning by the Shiba Inu (SHIB) Team: Be Careful

Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. In a recent update, the Shiba...
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The Most Unexpected Shiba Inu Whale With 55 Billion in SHIB

Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an...
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Critical Ripple (XRP) Prediction but It’s Not What You Think

Ripple recently announced a collaboration with Archax, the first digital asset exchange regulated by the UK’s Financial Conduct Authority (FCA). Now, RippleX, the company’s development arm, is coming up with a critical prediction concerning the XRP Ledger. Ripple Devs Seeing a “New Era” for the XRP Ledger In a recent update, RippleXDev, the development arm...
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Is This The New Meme Coin Mania?

Meme coins have undoubtedly been the most prominent narrative in 2024. From the meteoric rise of dogwifhat (WIF) to countless celebrities launching their own coins (and the controversy that surrounded them), the field has seen all the action. With most of it happening on Solana because of its fast transaction processing times and relatively low...
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90% Chance for Ripple (XRP) to Lose Against the SEC on Appeal? Fmr. Senate Staffer Comments

The case between the US Securities and Exchange Commission and Ripple Labs moved forward after Judge Analisa Torres ruled that the company should be fined $125M in a decision that partly honored and partly discharged the SEC’s claims. Now, industry participants and experts are speculating on the odds of its outcome, which is likely to...
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Important Pi Network (PI) Update

Pi Network is one of the most controversial projects in the cryptocurrency industry. Launched more than six years ago, there’s still no clear indication of when its users can expect some sort of straightforward token launch. That said, the core team behind the project recently made a statement, updating its followers on the progress. According...
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Shiba Inu’s Price Probably Won’t 100x: But This Crypto Asset Might

TL;DR Benzinga crypto analyst Armando Pantoja predicted on Tuesday that Shiba Inu price will FOMO to $0.001. But, one of SHIB’s competitors may beat it to 100x. Although anything can happen in markets and past performance is no guarantee of future results, most crypto assets tend to deliver less ROI with each parabolic price rally....
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Critical Warning by the Shiba Inu (SHIB) Team

Shiba Inu (SHIB) is one of the so-called OG dog-themed meme coins, and it boasts one of the largest online communities amongst all cryptocurrencies in general. While this can be a sign of a thriving ecosystem, it’s also a target for many hackers who are constantly attempting to scam users out of their hard-earned money....
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Importan Ripple (XRP) Update: Certain Users Need to Take Action

RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure...
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Trouble for Shiba Inu (SHIB)? Major Exchange Attack Leads to Millions in Losses

The SHIB price plunged earlier today, losing about 7% of its value at one point. It has since managed to erase some of the losses, but the tension remains as the entire market is currently in a state of decline. The Main Reason Behind Shiba Inu’s Decline Today Earlier today, the leading cryptocurrency exchange in...
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Important BitMEX Announcement Concerning Shiba Inu (SHIB) and Other Meme Coins

Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure to the top meme coins in the market through a single contract. BitMEX’s MEMEMEXTUSDT Dubbed the “S&P500 for crypto meme coins,” this new offering will...
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Top Meme Coins to Watch in July

The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones...
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Are Meme Coins the Most Profitable Cryptocurrency Niche so far in 2024?

The first half of 2024 has ended, and on-chain experts have compiled data to determine the profitable sectors so far in the year. According to coverage from independent crypto reporter Colin Wu, memecoins became the most profitable sector in H1 2024, followed by Real World Assets (RWA) and Artificial Intelligence (AI). Memecoins Emerges as Most...
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Ripple v. SEC Lawsuit Update June 27th

The ongoing case between Ripple Labs and the United States Securities and Exchange Commission is in its trial phase. And although this is technically the point of the lawsuit where it is supposed to get resolved, there’s no telling when it might actually end. That said, here’s what’s been going on lately as of June...
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Ripple (XRP) Trading Volume Soars Amid Ongoing Market Turbulence

Ripple’s XRP has been one of the cryptocurrencies that managed to maintain relative stability during the ongoing market turbulence. In fact, for the past 24 hours, it has added 0.62% to its price and remains trapped in a relatively tight range at around $0.48. XRP Trading Volume Soars Data from CoinMarketCap reveals that, at the...
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Iggy Azalea’s Meme Coin Three Times Bigger than Andrew Tate’s

Back in 2021, it seemed like every celebrity was getting involved with the cryptocurrency industry through non-fungible tokens. The Bored Ape Yacht Club (BAYC) and CryptoPunks were the hottest collections, and mega stars like Eminem and Justin Bieber (just to name a few) were rocking NFTs as their profile pictures on Twitter (now X). Three...
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Ex-FTX Europe Exec Purchases Titanic Gold Watch for $1.5M: Report

A former executive of the European arm of the bankrupt cryptocurrency exchange FTX has bought a gold pocket watch recovered from the Titanic wreck for £1.175 million ($1.5 million), the largest sum ever spent on any piece from the memorable incident. According to a Wall Street Journal report, German fintech entrepreneur and former head of...
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Here’s Why April Is a Crucial Month for XRP’s Price: Analyst

The cryptocurrency market kicked off the week with most of the top cryptocurrencies trading on the green, and XRP is among them, exchanging hands at $0.61 at press time. After analyzing the asset’s monthly chart, Dark Defender – a well-known crypto analyst who commonly breaks down the price action of altcoins – concluded that XRP...
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Shiba Inu Developer Makes an Important Announcement: Bullish for SHIB?

Shiba Eternity, the highly anticipated collectible card game on the Shibarium blockchain, is poised for launch, as announced by Shiba Inu Developer Mazrael, who added that performance improvements were made alongside bug fixes. Players can earn TREAT  —one of the many coins from the Shibarium ecosystems along BONE and SHIB — for participating in battles....
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Dogecoin Price Prediction: When is the DOGE Bull Run Starting?

DOGE’s price has been consolidating within a narrow trading range, around $0.20. This is a crucial psychological level that the asset surpassed two weeks ago. The last time DOGE was priced above this level was in November 2021. In terms of metrics, DOGE is throwing mixed numbers. The price on the monthly scale is up...
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Important for SHIB Users: Shiba Inu Team Member Warns of Fake Sheboshi Tokens

Shiba Inu (SHIB) is one of the most popular meme coins in both crypto and the mainstream. However, with the rapid expansion of the Shibarium ecosystem, scammers are once again targeting the community with fraudulent tokens. Scammers are becoming more sophisticated in their deception of crypto communities. This time, they’re targeting Sheboshis (SHEB), an experimental...
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This Is What We Can Expect After the 2024 Bitcoin Halving According to Historical Patterns

With just a few weeks left until the completion of the fourth halving in BTC’s history, crypto analysts, experts, and commentators rush to offer their views on what can and might transpire in the following months. History shows that Bitcoin’s price has reacted quite positively during the cycle that starts with the halving, which is...
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