Shiba Inu (SHIB) has surged above $0.00001 due to factors like an increased burn rate, a petition for a Shiba Inu ETF, and rising interest from investors. The burn rate has spiked significantly, leading to a bullish sentiment in the ecosystem. The possibility of an ETF launch has also boosted SHIB’s momentum, similar to how … Read more
Bitcoin (BTC) Seen Topping $50K This Weekend Bitcoin (BTC) rose for a fifth day, reaching over $47,000 early Friday and surpassing a one-month high. The uptick in price occurred as East Asia celebrated the Chinese new year of the dragon, which is considered a lucky period according to the Chinese Zodiac. The word for dragon … Read more
Bitcoin Break Above $35,000 Sends 95,000 Crypto Traders To The Slaughter The listing of BlackRock’s Spot Bitcoin ETF on the DTCC caused the BTC price to surge above $35,000, leading to over $400 million in liquidations in one day. Almost 95,000 traders were liquidated, with short traders being the most affected. The largest liquidation order … Read more
XRP Rockets Up 8% As Shark & Whale Bags Hit 3-Month High XRP has witnessed an 8% surge in the past day, outperforming Bitcoin. This rally is attributed to increased accumulation by sharks and whales, the larger holders of XRP. On-chain analytics firm Santiment reveals that these large holders have amassed their highest levels of … Read more
Bitcoin Hashrate Explodes, Difficulty Set To See Big Uptick Bitcoin mining difficulty is expected to increase significantly in the next adjustment as the hashrate continues to rise. The hashrate measures the total computing power that miners have connected to the Bitcoin blockchain. Increasing values indicate more profitability, attracting new miners, while decreasing values suggest some … Read more
Chainlink Sees 11% Gains, Can LINK Continue Its Rally? Chainlink has experienced strong growth recently, outperforming other digital assets in the market. Its price has continued to rise, reaching levels above $7.2. The surge in price is supported by high levels of address activity, indicating a high amount of user participation. Additionally, an interesting pattern … Read more
