Shiba Inu Burn Rate Explodes In a dramatic spike, Shiba Inu’s (SHIB) burn rate increased by 5545% in the past 24 hours, as per Shibburn data. This massive burn event removed 61,468,595 tokens, aiming to reduce SHIB’s circulating supply and enhance its long-term scarcity. The Impact of Token Burns on SHIB Supply Following the burn, […]
Bitcoin Market Overview: Rising to $100,000 Bitcoin (BTC) continues to surge, with its market capitalization reaching $1.89 trillion after a 38% increase in the past month. Currently, BTC is less than 5% away from achieving the $100,000 milestone. This historic level has sparked optimism among traders and long-term investors. The Role of Bitcoin’s ADX in […]
Tether Exits the EURt Stablecoin Market Tether has announced it will cease support for its euro-pegged stablecoin, EURt, across all blockchains. The decision comes amid regulatory shifts in Europe, specifically the Markets in Crypto-Assets (MiCA) framework. Redemption Deadline for EURt Holders Tether has set November 25, 2025, as the final deadline for EURt redemption. The […]
Ripple’s Strategic Investment in XRP ETF Ripple has made headlines with its announcement to invest in the newly rebranded Bitwise Physical XRP ETP, reinforcing the token’s position in global markets. The move comes as part of Ripple’s efforts to bolster crypto adoption through innovative financial products. XRP Price Surge Following Investment News Following the announcement, […]
Introduction: Dell Q3 Earnings in Focus Dell Technologies (NASDAQ: DELL) reported its Q3 financial results, showcasing record demand for AI servers but falling short of revenue expectations. Despite the mixed results, the company’s emphasis on AI and infrastructure growth remains a bright spot in its performance. Revenue Growth vs. Expectations Dell’s Q3 revenue rose 10% […]
Introduction: Bitcoin’s Rollercoaster Rally Bitcoin’s (BTC) price movement has taken center stage once again, following an extraordinary rally in November 2024. Triggered by the election of a pro-crypto president, BTC surged to unprecedented levels before retreating sharply. Has the “banana zone,” a term coined to describe rapid and exuberant price hikes, reached its expiration date? […]
Ethereum’s Struggles in the Crypto Market The cryptocurrency world is abuzz with Bitcoin’s explosive surge past $99,000, revitalizing the market. However, Ethereum (ETH), the second-largest cryptocurrency, has lagged behind, showing only modest gains that raise questions about its trajectory toward the long-awaited $4,000 price target. Whale Activity Shakes Investor Confidence A long-dormant Ethereum whale recently […]
Gary Gensler Resigns Amid Trump’s Return Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective January 20, 2025, coinciding with President-elect Donald Trump’s inauguration. This marks the end of Gensler’s controversial tenure, which has significantly impacted the crypto industry. Gensler’s Tenure and Crypto Crackdown Since taking office in […]
Bitcoin Soars Past $94,000 for the First Time Bitcoin, the largest cryptocurrency by market value, has reached an all-time high, breaking $94,000. This milestone comes amid speculation about Donald Trump’s incoming administration adopting crypto-friendly policies. Trump Media’s Reported Acquisition of Bakkt According to the Financial Times, Trump Media and Technology Group (TMTG), which operates Truth […]
Introduction: Bitcoin’s Journey to $138K Bitcoin (BTC) is once again in the spotlight, poised to reach a record $138,000 before facing a potential pullback. This prediction is based on historical price patterns and expert analysis, making it a crucial moment for cryptocurrency enthusiasts and investors to follow. Bitcoin’s Current Market Position Bitcoin is consolidating above […]