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
Elon Musk’s recent denial of the speculated “X coin” has ignited discussions within the cryptocurrency community, particularly concerning the fate of Dogecoin (DOGE). This comes after Musk took to the platform, issuing a clear and direct “No” in response to speculations about the platform having an internal token. NEWS: might be looking at launching coin...Read More
Argentina’s technology and cryptocurrency sectors have recently surged with World ID, a project by Worldcoin, reaching an all-time high in user verifications. On Aug. 30, Argentina set a new record with 9,500 citizens verifying their identities through World ID. While this might be considered a growing crypto adoption sign by some, it’s also quite controversial...Read More
Shiba Inu’s ecosystem has gone through quite a bit throughout the past few weeks. It saw what is probably one of the most important releases in its roadmap – the layer 2 scaling solution, thematically called Shibarium. The launch of the network didn’t go without problems, and developers had to temporarily take it private. As CryptoPotato reported...Read More
John Deaton, founder of CryptolawUS and an advocate for XRP holders, spoke out against the SEC’s “aiding and abetting” allegations against Brad Garlinghouse, CEO of Ripple. Deaton claims that the situation might have been prevented if the SEC had allowed previous executives Bill Hinman and Jay Clayton to testify sooner. In the Ripple v. SEC...Read More
Data analyzed by the on-chain analytics platform Nansen shows that blue-chip non-fungible tokens (NFTs) are struggling, and their floor prices have plunged significantly. According to the firm, the floor prices of most blue-chip NFTs crashed by more than 25% in the last 30 days. At the same time, the prices of a few collections recorded...Read More
Following an appearance by former President Donald Trump on Tucker Carlson’s X-based interview show, the value of Trump’s baseball card-style NFT collection saw a notable surge. According to reports, the 45,000-card polygon-based Trump Digital Trading Cards’ price increased from 0.1 ether ($150) last week to approximately 0.13 ether ($215) after the viral interview. Trump: “When...Read More
Following successful private testing, the highly anticipated Shibarium (L2) update is scheduled for public release, creating excitement among the community, with some fortunate members having already received bridged $BONE tokens. The news comes after Shiba Inu’s team confirmed the smooth operations of the platform, which is now awaiting its public debut. Since its start, Shibarium...Read More
Jeremy Cahen, the founder of Not Larva Labs, has doxxed Zachary Testa as the alleged founder of the PEPE meme coin. The news comes with a 19% drop in the coin’s price within the last 24 hours. @pepecoineth Dox: Here is Zachary Testa aka @degenharambe aka @LordKekLol on TG from Phoenix, AZ. He infamously...Read More
In a relatively surprising series of events, a substantial purchase of XRP tokens totaling $1.5 million was executed, sending ripples (no pun intended) through the cryptocurrency community. This acquisition led to the creation of two notable green candles on the XRP chart – an event that has sparked conversations about a potentially more impressive price...Read More
In 2020, when Elon Musk began endorsing Dogecoin (DOGE) on Twitter (now known as X), a user of the platform, Glauber Contessoto, better known as SlumDOGE Millionaire, decided to invest $250,000 in the meme coin. At one point, their investment skyrocketed to a staggering $3 million, but the crypto enthusiast withheld withdrawing the funds. However,...Read More
In an unexpected move, Coinbase Assets announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. Coinbase’s announcement mentioned six tokens, which include BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). We regularly monitor the assets on our exchange to ensure they meet...Read More
Crypto enthusiasts are buzzing with anticipation as XRP seems to approach its third bullish golden cross in history. A golden cross is often used when shorter moving averages surpass or cross long-term moving averages, indicating movement from bearish to bullish. Popular analyst Egrag Crypto on Twitter recently mentioned that the XRP community should prepare for...Read More
Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). Binance users are advised to take note of this change and make any necessary adjustments to their trading strategies. The trading pairs that will be...Read More