The crypto community on X (Twitter) was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC (over $500,000) in transaction fees to move just 0.074 BTC (worth less than $2,000 at current rates). The payment went to the Bitcoin mining pool F2Pool that generated the valid block. The team behind the entity...Read More
The ongoing case between the United States Securities and Exchange Commission is one that the entire cryptocurrency community has its sights set on. But, for some reason, it’s just as polarizing. There doesn’t seem to be room for a middle ground, as it’s always been a make-or-break type of situation. Now, however, one user has...Read More
Data provided by Shibarium Explorer revealed that overall transactions on the layer-2 blockchain solution have reached almost two million. Recall that the network built on Ethereum that aims to increase transaction speed, lower costs, and elevate Shiba Inu above its rivals went live approximately two weeks ago. Shibarium Eyes a New Milestone According to the...Read More
According to CryptoRank Platform, the cryptocurrency market is about to witness seven substantial token unlocks this week. The first is scheduled for September 12, when the blockchain platform Aptos will release $24.8 million worth of APT into circulation. Events of this type could impact market liquidity and trading volume, thus spurring a price decline for...Read More
In a recent revelation, FLOKI took to X to address allegations and rumors circulating in the crypto community while also warning its users against scams capitalizing on its brand name and reputation. In a recent tweet by FLOKI’s official Twitter handle @RealFlokiInu, the project denied any association with PetabyteCapital and clarified that PetabyteCapital has never...Read More
Shiba Inu (SHIB) continues to see a considerable number of tokens removed from its total circulating supply. The latest increase comes following a rather dull weekend in terms of overall trading volume and market activity. Data from Shibburn – the portal that tracks tokenomics metrics for the Shiba Inu project – reveals that the burn...Read More
Ripple’s XRP appears to be gearing up for a significant price surge, according to Daan de Rover, founder of CryptoSea. Known popularly as CryptoRover on YouTube, de Rover recently took to social media platform X to forecast a “gigantic move” for the digital asset. $XRP is getting ready for a gigantic move!🔥👇 pic.twitter.com/Ear5P5VMTe — Crypto...Read More
John Deaton is a vocal pro-Ripple attorney representing some 75,000 XRP investors in the case against the United States Securities and Exchange Commission. In a recent tweet, he broke down the demographics, pinpointing where most of the investors are from. Where Are XRP Investors Mostly From? John Deaton took to Twitter on September 10th to...Read More
Shiba Inu’s layer-two network, also known as Shibarium, is facing a threat from scammers associated with the Pawswap project. The information was brought to light by a prominent Shiba Inu administrator, known in the SHIB community as DaVinci, who explained that the scammers’ goal was to impersonate the legitimate project PawZone while spreading false information...Read More
Insight from Coinmarketcap suggests that the SHIB/USDT market in Binance has more depth than all other SHIB markets in other exchanges. According to market depth insights from CoinMarketCap, about $775k in funds could induce a 2% surge in price for SHIB on the Binance exchange. Conversely, a deduction of $1.1 million from the SHIB/USDT market...Read More
An unknown Ethereum address that has existed for over eight years has just made its first transfer for 185 ETH. In another intriguing transfer of the day, 830 BTC were moved from an unknown wallet to Bitstamp. The on-chain monitoring tool Whale Alert outlined the ETH ICO participant and their behavior on September 7. The...Read More
Chris Larsen, the chair and co-founder of Ripple Labs, has asserted that the United States legal system aims to rectify the missteps in crypto policy made by the Biden administration. He highlighted his company’s partial victory against the Securities and Exchange Commission in July, emphasizing that the regulator faltered on critical aspects pivotal to industry...Read More
Shiba Inu’s price has been trending lower for the past week, shedding some 7.2% during that period. The cryptocurrency is down some 15.6% in the past 30 days and around 36% over the past year. We decided to poke ChatGPT on Shiba Inu’s future performance and see if the AI-based language model can make any...Read More
Binance will be removing several spot trading pairs in an effort to maintain a high-quality trading market and protect its users. This decision was made following periodic reviews of all listed spot trading pairs, considering liquidity and trading volume factors. Binance has announced that from Sept. 8, it will stop trading on various spot trading...Read More
While predicting the future of specific cryptocurrencies is not an exact science, market analysts often consider several aspects, including past performance, use cases, community participation, and broader market volatility. With that in mind, let’s examine whether Shiba Inu (SHIB) has the potential to outperform Ripple (XRP) in the future. For this particular question, though, we...Read More
Elon Musk is considering the possibility of developing a social media platform based on blockchain technology, including payment systems. This information is revealed in an exclusive excerpt from Musk’s biography, written by Isaacson. The writer – Isaacson – delves into one of Musk’s most contentious decisions: acquiring Twitter. The biography also explores the future possibilities...Read More
In a surprising move, a large sum of Shiba Inu Tokens (SHIB), valued at millions, was transferred from the popular crypto exchange Bitvavo to an unidentified wallet. Based on insight from wallet tracker Whale Alert, the total number of SHIB transferred is about 4.6 trillion, valued at roughly $35.7 million. After further examination of the...Read More
According to insights shared by lawyer John E. Deaton, the ongoing SEC lawsuit against Ripple has had a negative impact on the adoption of XRP. The lawyer, following the legal proceedings, recently took to X to highlight a notable example of how the lawsuit hindered the cryptocurrency’s adoption. Deaton’s observation comes as a shared personal...Read More
According to CertiK, a blockchain security firm, the cryptocurrency industry experienced significant damage from malicious actors in August. It has been reported that over $45 million in digital assets were stolen from victims, with the PEPE exploit being the primary cause, resulting in a loss of $13.2 million. Data reveals that exit scams accounted for...Read More
In a recent move, the co-founder of Ethereum, Vitalik Buterin, transferred 3,000 ETH, equivalent to approximately $4.9 million, to a Vb 2 labeled address 0x1Db3439a222C519ab44bb1144fC28167b4Fa6E. According to data from Etherscan, the transaction took place on Aug. 28. It was sent to the Vb 2 labeled address, bringing the total value of ETH that the wallet...Read More
The crypto analyst going on X (formerly Twitter) under the name Ali revealed that investors have withdrawn a substantial amount of two trillion SHIB tokens last week. The stash equals almost $16 million (calculated at current rates). According to Ali’s chart, outflows have been the highest on August 22 and August 23, accounting for around...Read More
On-chain data tracker Whale Charts just flagged a massive XRP transaction, which could spell doom for the popular crypto asset. As per Whale Charts’ tweet, an anonymous investor moved about 28.4 million Ripple (XRP), equivalent to roughly $14.9 million, into Bitstamp. The amount was transferred from wallet r4wf7enWPx to another Bitstamp wallet, rDsbeomae4. Of course,...Read More
Ripple Labs is gearing up for a celebration after its significant win against the Securities and Exchange Commission (SEC) in New York City, scheduled for September 29, 2023. The company promised to unveil more details about this event in the coming week. 🎉 Save the Date 🎉 We’re hosting a community celebration on September 29...Read More
Leading cryptocurrency exchange OKX announced today the launch of its LBR Earn campaign following the recent LBR listing on the platform. As part of this initiative, OKX is set to have an airdrop with 15,000 LBR tokens up for grabs. To kickstart OKX’s LBR Earn campaign, the company announced a complimentary airdrop, allowing users to...Read More
In a remarkable display of activity, a cryptocurrency whale has reportedly spent approximately 7,626 Ethereum (ETH), the equivalent of $13.44 million, to purchase about 17 different tokens. This whale spent ~7,626 $ETH($13.44M) to buy 17 tokens. Spent 1,784 $ETH($2.96M) to buy 2.6M $OLAS($2.35M currently), losing $613K. Spent 1,430 $ETH ($2.62M) to buy 23.36M $RLB and...Read More
Shibarium’s marketing strategist Lucie has issued a statement on X clearing up misconceptions related to the project’s tokenomics. This comes amid social media buzz generated by influencers promising significant SHIB burns. In a tweet, the Shibarium team emphasized that no central authorities hold keys to the SHIB supply and that the platform operates as a...Read More
Binance has unveiled a new feature for its Latin American clients. This solution will enable users in nine Latin American nations to transmit crypto via Binance Pay; hence, beneficiaries in Argentina and Colombia can directly collect these transfers into their bank accounts. Binance announced the new “Send Cash” feature on Aug. 29, which promises a...Read More
In a surprising turn of events, a cryptocurrency whale has reported massive losses for going into long positions. Lookonchain detailed that the whale suffered major losses owing to poor timed long positions on perpetual contracts. This whale is really not good at perpetual contracts. The ETH-long positions of this whale were liquidated in the last...Read More
Arkham Intelligence has identified Robinhood as the fifth-largest holder of Ethereum (ETH) and holder of 34 trillion Shiba Inu (SHIB) tokens. Earlier this month, Arkham Intelligence also named Robinhood as the owner of the third-largest Bitcoin wallet, with holdings equivalent to around $3.2 billion. Our identification of Robinhood as the owner of the third-largest Bitcoin...Read More
A mysterious Shiba Inu whale has stunned the community by moving 4.64 trillion SHIB tokens, roughly $38 million, between two undisclosed wallets, as per data from etherscan. The activity comes during the relaunch of Shiba Inu’s layer-2 scaling solution, Shibarium. Following the development, data from the Shibarium explorer indicates that the addresses using Shibarium have...Read More
