The well-known meme coin Shiba Inu (SHIB) seems to be experiencing a sharp decline in investor trust. This occurs following the dumping of a substantial quantity of 533.6 billion SHIB tokens by a single entity that is thought to be under the control of a single person across 11 wallets. About twenty-four hours ago, $15.99 … Read more
An altcoin rally has emerged as a result of the current spike in the cryptocurrency market, with Bitcoin (BTC) leading the drive to reach its goal of $90,000 prior to the halving event. Two cryptocurrencies that have drawn interest from investors all around the world are Shiba Inu (SHIB) and Retik Finance (RETIK), which are … Read more
The value of SOL has increased dramatically this week, lifting its decentralized exchange (dex) platforms to a new level and catapulting the layer one (L1) blockchain to the top of the 24-hour dex trading volume. In comparison to Ethereum’s dex platforms, which registered $2.03 billion in trade volume during the same period, Solana’s dex platforms … Read more
In the current cryptocurrency market, Bitcoin (BTC) has reached a new record top of $69,100, surpassing its all-time high (ATH). Strong inflows into recently introduced Bitcoin ETFs propelled this incredible surge, which raised expectations for the start of a “altseason,” in which altcoins usually do quite well after a BTC rally. In the past, altseasons … Read more
According to the most recent Bybit user asset allocation study, between July 2023 and January 2024, institutional digital asset portfolios’ concentration of bitcoin and ethereum rose from 50% to 80%. In contrast to regular investors, institutions seemed to be more optimistic about ethereum than bitcoin throughout this time. Five Percent of Institutional Digital Asset Portfolios … Read more
Kraken, a San Francisco-based cryptocurrency exchange, has debuted Kraken Institutional, a digital currency suite created specifically for institutional investors and high-net-worth businesses. Elite Clients Can Expect Deep Liquidity and Low-Latency Trading from Kraken Institutional Introduced by Tim Ogilvie, the global head of the business division, Kraken Institutional is a new cryptocurrency solution that builds on … Read more
Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more
The meme coin market has seen tremendous growth recently, rising more than 13% in the last day. The meme token economy has grown by $3.77 billion over the past four days, with double-digit increases being made by tokens like pepe (PEPE) and corgiai (CORGIAI). The Meme Coin Market Expands As of February 23, 2024, the … Read more
On Monday, the value of Bitcoin surged to a peak of $57,055, rising 10.1% in a single day to bring its market worth to $1.10 trillion. Bitcoin’s value in relation to the US dollar hasn’t increased to these levels since Nov. 22, 2021, which was 12 days after the cryptocurrency’s $69,000 peak. The Bitcoin Rally … Read more
Major U.S. cryptocurrency exchange Coinbase has discovered that voters in Texas are interested in the topic of cryptocurrencies and the positions taken by presidential contenders on it. 4.7 million Texans, or 21% of the state’s adult population, are cryptocurrency owners, and 74% of them are inclined to back politicians who understand the importance of the … Read more