In simpler terms, Shiba Inu (SHIB), often referred to as Dogecoin‘s rival, has gained attention once more. Following a turbulent year in 2023, this digital currency with a dog theme is showing renewed activity during the initial months of 2024. As more people hold SHIB and strategic partnerships strengthen, while its price has surged recently, … Read more
The Bitcoin halving event, comparable to the Olympics for cryptocurrencies, took place at 12 a.m. GMT on Saturday. This significant update to the Bitcoin software has an immediate effect on mining companies within the digital currency sphere. The halving marks the end of a coded process that occurs every four years, allowing the network to … Read more
Gavin Wood, the creator of the Polkadot network, has revealed a new proposal called “Gray Paper” detailing the upcoming Join-Accumulate Machine (JAM) update for Polkadot. He shared this information during his talk about Polkadot’s future at the Token2049 cryptocurrency conference in Dubai. To motivate a wide range of developments for the JAM protocol, Wood announced … Read more
Recently, prominent cryptocurrency expert Rekt Capital shared his thoughts on Twitter about when the next Bitcoin price summit might occur. He underlined the importance of the Halving cycle in shaping Bitcoin’s market trend. The Bitcoin Halving is expected to take place sometime between today and tomorrow, on April 20. During this period, Bitcoin’s market activity … Read more
The Decentralized Finance (DeFi) and derivatives trading platform on the Blockchain called Injective Protocol is holding a vote on a proposition that aims to substantially alter its token economics and usher in what’s being referred to as Injective 3.0. Starting from April 19th, as announced by Injective, you can now cast your vote on the … Read more
According to on-chain information, a large proportion of Bitcoin investors are now making purchases. This trend might be indicative of an upcoming price increase for the cryptocurrency. Bitcoin Mega Whales Have Shown Net Inflows In The Past Day Over the past three weeks, Bitcoin’s price has had trouble gaining substantial upward thrust. Instead, it has … Read more
An uplifting turn of events for the Shiba Inu community: The daily burn rate of Shiba Inu has risen once more. Yet, a closer look at the numbers being torched reveals valuable insights, particularly concerning the involvement of Shiba Inu token holders in the SHIB burning program. Shiba Inu Burn Rate Rises 81% The rate … Read more
The chief researcher at CryptoQuant’s on-chain analysis company shares his perspective on why Bitcoin sellers may be decreasing in number. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In his latest blog post on X, CryptoQuant research chief Julio Moreno explains why the selling pressure from Bitcoin owners with short-term holdings might be decreasing. … Read more
The Bitcoin Halving, an eagerly awaited occurrence in the cryptocurrency world, is approaching soon. This event is believed to influence the Bitcoin price significantly in the long run. Some people worry that the Bitcoin price might have already taken into account the upcoming quadrennial event, as it hit a new record high of $73,700 on … Read more
Bitcoin owners continue to demonstrate their confidence in the leading cryptocurrency, even as its price drops. Notably, there has been an increase in the number of Bitcoin wallets amassing coins, reaching a new record high during this market slump. Accumulation Addresses Record New All-Time High Of Bitcoin Inflows According to the data from cryptocurrency analytics … Read more