Shiba Inu, the second-largest meme coin by market capitalization, has recently seen a significant increase in daily active addresses. This surge, with over 3,500 daily active addresses, represents a 13% increase. The rise in active addresses indicates a growing interest in the asset and potentially a higher demand from investors. This trend could have a
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The world of NFTs has been buzzing with excitement over the upcoming release of the popular game, Dookey Dash. Originally launched as an exclusive game for NFT owners only, Dookey Dash is now set to make a comeback this spring with a free-to-play version called “Unclogged.” This transition from a restricted gameplay model to one
In a bold move, a group of Senate Republicans, led by Senator Ted Cruz of Texas, is making legislative moves to limit the Federal Reserve’s ability to introduce a central bank digital currency (CBDC). This action is causing a stir in the political sphere, with implications for the 2024 presidential campaign discussions. The proposed bill,
The recent network outage on the Solana blockchain has caused a ripple effect in the world of cryptocurrency investment. After experiencing steady inflows throughout the year, Solana-based investment products faced a setback with a bug that caused transactions to enter an infinite loop, ultimately affecting the network’s functionality. This incident led to a significant drop
As the price of Bitcoin continues to stabilize and the markets experience a level of uncertainty, the crypto community is divided on the future of BTC. Some are predicting a crash, while others are optimistic about a potential upward surge. One such individual is Crypto Jelle, a well-known Cryptocurrency analyst and investor, who recently shared
Shiba Inu ($SHIB) investors are turning their attention to a new potential investment opportunity in the form of Scotty the AI ($SCOTTY). This new meme coin is gaining popularity due to the promising gains it offers to early presale buyers, with the potential of up to 1989%. Scotty the AI is a dog-inspired meme coin
The rise of Bitcoin ETFs in the investment world has been nothing short of remarkable, with analysts at Bloomberg suggesting that they could soon outpace gold ETFs in terms of assets under management. According to Bloomberg ETF analyst Eric Balchunas, Gold ETFs have been experiencing a decline in recent weeks while Bitcoin ETFs have seen
The Hong Kong-based cryptocurrency exchange BitForex has plunged into darkness, leaving its users in a state of panic. The suspension of its website and trading application on February 23 has rendered users unable to access their funds or the exchange itself. What is even more alarming is the fact that the exchange, which boasted a
The recent launch of Frog Wif Hat Token ($FWIF) on Uniswap has caused quite a stir in the crypto community. With a price surge of 226% in just a few minutes, many investors are eager to jump on board and ride the wave. However, before diving in, it is crucial to take a closer look
Ethereum’s recent price surge has caught the attention of investors as it surpassed key resistance levels, marking a significant milestone by breaching the $3K mark. This upward movement reflects a prevailing bullish sentiment in the market, with the $3.6K yearly swing high identified as the next target for ETH. Analyzing the daily chart confirms Ethereum’s
The collaboration between OVERDARE, KRAFTON, NAVER Z, and Circle Internet Financial is set to transform the mobile gaming sector for user-generated content. By leveraging Circle’s Programmable Wallets, game content creators can now easily create secure in-game Web3 wallets to receive direct USDC payouts. This marks a significant advancement in the industry, promising a more streamlined
The Saudi Ministry of Culture has recently unveiled a groundbreaking initiative in collaboration with droppGroup and Oracle – the ‘Cultural Universe’. This national Metaverse project is designed to offer a digital platform for exploring Saudi culture and heritage in an immersive and engaging manner. By incorporating advanced technologies such as AI, blockchain, and virtual reality,
The recent surge in large Ethereum (ETH) purchases from a wallet potentially linked to Justin Sun, the founder of TRON blockchain and CEO of BitTorrent, has sent shockwaves through the cryptocurrency community. The suspected wallet has acquired a total of 168,369 ETH, valued at approximately $487 million, in just a span of two weeks. This
The recent surge in FOMO coin’s price has captured the attention of many investors looking to capitalize on the meme coin craze. With an astounding +80,114% price explosion, FOMO coin seemed to be the next big thing in the crypto world. However, a closer look reveals that this rapid price increase may have been fueled
The outflows from Grayscale’s Bitcoin Trust (GBTC) have shown signs of slowing down, indicating a shift in investor sentiment towards the popular Bitcoin ETF. After weeks of elevated outflows totaling over $7.44 billion, investors pulled just $436.2 million of Grayscale’s Bitcoin Trust last week. The daily outflows dropped steadily over the course of the week,
The recent -5.3% price drop in the decentralized Internet Of Things network Helium has raised concerns among investors. Despite a staggering +227% growth over the past 3 months, HNT is currently trading at $8.18 with a 24-hour change of -2.34%. The retreat from a local high of $11.05 on February 15 to below the 20DMA
The price of Ethereum (ETH) has recently seen a significant spike, reaching over $3,100, a nearly two-year high. This surge comes at a time when many other leading cryptocurrencies are experiencing little to no volatility. One of the driving factors behind Ethereum’s rally is the upcoming Dencun upgrade, scheduled for mid-March. This upgrade is focused
The realm of cryptocurrency has been plagued by scams and thefts, resulting in significant financial losses for individuals. However, amidst the chaos, on-chain researcher ZachXBT has emerged as a beacon of hope for victims of digital asset theft. His recent success in recovering stolen funds from a non-fungible token (NFT) sale has garnered attention and
Bitcoin has experienced a tremendous price run-up in recent months, jumping from under $20,000 to over $50,000 since June 2023. This surge was primarily fueled by the anticipation and subsequent approval of nearly a dozen spot Bitcoin ETFs in the United States. Despite this significant increase in price, it seems that retail traders have not
Recently, a U.S. federal judge approved Binance’s guilty plea and a substantial $4.3 billion settlement for violating anti-money laundering and sanctions laws through its cryptocurrency exchange. This decision was made after the U.S. Department of Justice (DOJ) alleged that Binance had breached the Bank Secrecy Act (BSA) and the International Emergency Economic Powers Act (IEEPA),
The lawsuit between Ripple and the United States Securities and Exchange Commission has been a hot topic in the cryptocurrency industry since December 2020. At that time, the SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple, on the other hand, contends that XRP is a
The price of Ethereum has shown significant growth in the first few months of 2024, with an increase of over 30% in less than two months. This surge in price has been accompanied by an interesting trend in on-chain data, suggesting that ETH investors are becoming more confident in the market. According to a CryptoQuant
In the world of cryptocurrencies, a new project called Mollars (MOLLARS) has been creating quite a stir on the Ethereum Blockchain. It has caught the attention of many crypto enthusiasts not only for its potential to store value but also for its promising growth prospects after the ICO. With plans to officially enter the market
Recently, the crypto financial services platform Matrixport made a bold prediction regarding the price of Bitcoin, stating that it will rise to $63,000. This forecast comes after their previous prediction of BTC reaching $50,000 by the end of January did not materialize. Despite the ambitious nature of this new target, Matrixport believes it is attainable
The Energy Information Administration (EIA) recently faced backlash from the cryptocurrency mining sector after the launch of a lawsuit by Riot Platforms and the Texas Blockchain Council. The lawsuit, filed on Feb. 22, named the EIA, the Department of Energy, the Office of Management and Budget (OMB), and the heads of those agencies as defendants.
In a recent analysis conducted by crypto analyst Ali Martinez, also known as @ali_charts on social media, a potential sell signal has been detected on the three-day chart for Cardano (ADA) against the US dollar. This analysis, which was posted on X on February 23, has raised concerns among ADA traders due to the emergence
Ethereum recently broke the $3,000 mark, showcasing a 4% increase in price. However, the subsequent correction has led to the possibility of a re-test of the key support at $2,860. The bullish momentum of Ethereum on higher timeframes signals that any pullbacks may be short-lived. To maintain this momentum, buyers need to hold the key