Shiba Inu, the second-largest meme coin by market capitalization, has been experiencing a surge in daily active addresses. This increase, surpassing 3,500, represents a 13% growth and indicates a rising interest in the asset. This uptrend in active addresses may suggest a growing demand for SHIB and a heightened level of investor interest. If the
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As the price of Bitcoin stabilizes and the market volatility decreases, there are conflicting opinions on the future of BTC. Some speculate a crash is imminent, while others foresee a potential for further upward surge. A recent prediction made by Cryptocurrency analyst and investor, Crypto Jelle, sheds light on the current sentiment surrounding Bitcoin. Despite
The world of NFTs has been abuzz with the news of the return of the popular game Dookey Dash, this time in a free-to-play version called “Unclogged”. This evolution marks a significant shift from its original exclusive NFT gameplay, sparking both excitement and skepticism among fans and critics alike. Dookey Dash first made waves in
The recent surge of Ethereum purchases attributed to a wallet potentially linked to Justin Sun, founder of TRON and BitTorrent CEO, has caused a stir in the cryptocurrency community. The wallet in question acquired 13,780 ETH, valued at around $41.24 million, adding to a total of 168,369 ETH worth approximately $487 million. These acquisitions were
A recent legislative move by a group of Senate Republicans, spearheaded by Senator Ted Cruz of Texas, has brought the issue of central bank digital currencies (CBDC) into the spotlight. The proposed bill, known as the Central Bank Digital Currency Anti-Surveillance State Act, aims to restrict the Federal Reserve’s ability to introduce a CBDC without
Frog Wif Hat Token ($FWIF) has recently made its debut on the decentralized exchange Uniswap and is generating significant buzz in the crypto space. With a price surge of 226% in just a few minutes, $FWIF is attracting the attention of traders looking to capitalize on this momentum. The coin, initially an ETH meme token,
Recent trading activity of Bitcoin ETFs indicates a slowdown in outflows from Grayscale’s Bitcoin Trust (GBTC). This change comes as investor concerns regarding Grayscale’s Spot ETF appear to be easing. The entire ETF sector continues to experience significant trading volumes and rapid growth in assets under management, pointing to a positive trend in the market.
Ethereum has been on a notable upswing recently, surpassing key resistance levels and breaking through the significant psychological barrier of $3,000. This surge indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3,600 as the next target. Taking a closer look at the daily
The recent surge in FOMO coin’s price, with an impressive +80,114% increase, has attracted a lot of attention. However, this kind of dramatic price action is often characteristic of meme coins, which are known for their pump-and-dump cycles. The initial hype and fear of missing out lead to a surge in price, followed by a
Following the suspension of its website and trading application on Feb 23, Hong Kong-based crypto exchange BitForex has left users in the dark. With over $2 billion in trading volume as recently as Feb 24, the sudden disappearance of the exchange has raised eyebrows. Data analysis suggests that BitForex may have inflated its volumes by