Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily
May 19, 2024 15:23 pm UTC| Technology Digital Currency
While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...
High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals
May 19, 2024 15:10 pm UTC| Technology Digital Currency
An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...
Phantom Wallet Climbs Apple App Store Charts — Bullish Sign for Solana?
May 19, 2024 14:48 pm UTC| Technology Digital Currency
Phantom Wallet has climbed to third place in Apples app store utility category, sparking bullish sentiments for Solana among crypto experts and analysts. Phantom Wallet Ranks Third in Apple App Store, Sparking Bullish...
Analyst Predicts Ethereum ETF to Trigger Major ETH Market Moves Soon
May 19, 2024 08:41 am UTC| Technology Digital Currency
Cryptocurrency analyst Michael van de Poppe forecasts that the upcoming Ethereum ETF announcement will cause significant market moves, despite a recent decline in trading volume. Ethereums ETF Announcement Expected to...
Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze, Disconnects Bitcoin Farms
May 19, 2024 08:38 am UTC| Technology Digital Currency
Venezuelas Ministry of Electric Power is disconnecting cryptocurrency mining farms from the national grid to manage energy demand and ensure a stable power supply. This measure follows the recent seizure of 2,000 Bitcoin...
Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside
May 18, 2024 22:10 pm UTC| Technology Digital Currency
Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....
CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth
May 18, 2024 19:28 pm UTC| Technology Digital Currency
The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...