Shiba Inu’s price faced a 3% dip recently as the cryptocurrency market took a hit due to the US government moving $2 billion worth of its bitcoin holdings to another address. Despite this setback, there are some indicators within the Shiba Inu ecosystem that suggest a potential rally might be on the horizon. One significant
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Goldman Sachs CEO David Solomon recently shared his perspective on Bitcoin, stating that the flagship cryptocurrency could potentially serve as a store of value similar to gold. While Solomon expressed openness to the idea of Bitcoin as a store of value, he maintained a cautious approach towards the digital asset. He emphasized that he does
The trading volume ratio of decentralized exchanges (DEXs) has reached an all-time high compared to centralized exchanges (CEXs). This significant milestone was highlighted by Uniswap founder Hayden Adams, who pointed out that the “DEX market share is at an all-time high relative to CEX.” The trend of DEXs outperforming CEXs has been on the rise
The Bitcoin open interest hitting new all-time highs is a critical indicator of how investors are perceiving the cryptocurrency and the bets they are making. This recent surge in open interest has major implications for the market, especially in the short term. In a surprising turn of events, the Bitcoin open interest has skyrocketed to
Ripple’s XRP has experienced a significant uptrend at the beginning of the month, with its price surging from less than $0.40 to over $0.63 within a few weeks. However, the momentum seems to have slowed down in mid-July, as the price retraced below $0.55 before climbing back to around $0.60 where it has been consolidating
The U.S. Securities and Exchange Commission (SEC) has made a significant decision to pause its allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in the ongoing lawsuit against Binance. This move comes after the SEC filed a joint status report in the U.S. District Court for the District of Columbia, stating
Ethereum, the second-largest cryptocurrency by market capitalization, is currently showing signs of a bullish trajectory, according to insights from CoinSignals, a leading crypto analysis platform. The platform predicts that Ethereum could experience a significant price rally, with its value potentially reaching between $12,000 and $15,000 in the near future. This positive forecast is based on
Fight League Survivor is not just your ordinary arcade-style action game. It offers players a thrilling experience as they battle against the formidable Icharid Covenant in the vibrant world of Bastion. The game is fast-paced and intense, with players taking on the role of liberators fighting to save brainwashed warriors from the clutches of the
Solana (SOL) has experienced a significant surge in its price recently, leading to its position as the fourth-largest cryptocurrency by market cap. With a daily increase of almost 5%, SOL is currently trading at around $192, with a market capitalization of nearly $90 billion. This milestone places SOL ahead of Binance Coin (BNB), which has
The recent fluctuations in the price of Bitcoin have left many investors wondering whether the cryptocurrency will be able to reach a new all-time high in the near future. Despite hitting a peak of $73,400 in March 2024, Bitcoin has struggled to maintain its momentum and has been trading below its previous high for the