Shiba Inu, a popular meme coin, recently experienced a significant increase in its burn rate, with tokens being sent to a null address resulting in a 450% surge. While the USD equivalent may seem insignificant at first glance, the continuous efforts in this area could potentially have a positive impact on the price of SHIB.
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In a recent analysis by crypto analyst Rekt Capital, insights were provided into the future trajectory of Bitcoin. According to Rekt Capital’s assessment, the flagship cryptocurrency might not be quite ready for its next leg up, which could potentially see it climb back above $70,000. Rekt Capital mentioned in a social media post that Bitcoin
The German government recently made headlines by selling off its entire Bitcoin holdings in just two weeks. This massive Bitcoin dump was attributed to the need to raise funds for criminal proceedings related to the seizure of digital assets from the infamous movie piracy website, movie2k. The government disclosed that the sale proceeds amounted to
Bitcoin has seen a recent recovery in its price after a period of bearish activity. With the current upward momentum, there is potential for the market to reach a new all-time high in the near future. On the daily chart, Bitcoin has found support at the $56K level and reclaimed the 200-day moving average around
The forecast presented by Joe Burnett, a Senior Product Marketing Manager at Unchained Capital, sheds light on a compelling argument for Bitcoin potentially reaching a valuation of $750,000. According to Burnett, the current market may not fully grasp Bitcoin’s true potential in the current cycle, often failing to consider its broader context within the global
The MON Protocol has recently announced the establishment of a new investment fund called MON Ventures, with a specific focus on empowering Blockchain Gaming Studios worldwide. This venture will be led by former senior executives from major gaming and media companies such as Ubisoft, Sony, Activision, Warner Media, Bandai Namco, and Electronic Arts (EA). The
Recently, the price of Shiba Inu (SHIB) experienced a significant surge, followed by a 4.5% drop in the past 24 hours. This decline coincided with a substantial decrease in active Shibarium accounts and daily transactions. As Shibarium is a crucial part of the Shiba Inu ecosystem, these metrics play a vital role in determining SHIB’s
The gaming industry is currently undergoing a significant transformation. With the rise of mobile applications and online platforms, players now have a plethora of choices beyond classic console games. The popularity of social messaging apps like Telegram has further opened up opportunities for innovative gaming experiences. Anomaly, based in San Francisco, California, is one of
Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years.
The impending launch of spot Ethereum ETFs has generated widespread excitement, with experts predicting a significant surge in the Ethereum price. The Chief Investment Officer of Bitwise, Matt Hougan, believes that these ETF inflows could push Ethereum to all-time highs exceeding $5,000. Drawing parallels to the Bitcoin ETF market, Hougan anticipates substantial growth in Ethereum