
Shiba Inu Burn Rate Jumps Over 300%, Investors Eye Possible Price Rebound
May 31, 2024 08:43 am UTC| Digital Currency Technology
Shiba Inu experienced a 310.99% burn rate increase on Friday, May 31, causing excitement among traders about a potential price rebound. SHIB Burn Rate Spike Shibburn, a reputable website that meticulously tracks the...

Crypto Losses Surge in 2024 Amid Rising Hacks and Rug Pulls, Report Reveals
May 31, 2024 05:55 am UTC| Technology Digital Currency
A recent report by Immunefi highlights a significant rise in cryptocurrency losses due to hacks and rug pulls in 2024. Despite a bullish market, the sector saw $473 million in losses, underscoring the urgent need for...

Elon Musk Refutes Crypto Discussions with Donald Trump Amid Growing Speculation
May 31, 2024 05:50 am UTC| Technology Digital Currency
Despite recent reports and rising speculation, Elon Musk has denied engaging in any discussions about cryptocurrency policy with presidential candidate Donald Trump. Musk clarified his stance in a social media post,...

JPMorgan Report Casts Doubt on Ether Spot ETF Viability Despite Investment Potential
May 31, 2024 01:37 am UTC| Technology Digital Currency
JPMorgans recent report casts a pessimistic outlook on Ether Spot ETFs, questioning their viability despite potential investment opportunities and significant demand from savvy investors. JPMorgans Conservative Outlook...

Crypto Apps to Achieve ChatGPT Growth Levels Next Year, But Challenges Await
May 30, 2024 22:20 pm UTC| Digital Currency Technology
Chris Burniske, a seasoned investor and former employee of Ark Invest, has predicted that most applications will experience growth similar to ChatGPT next year due to the widespread acceptance of cryptocurrencies. Are...

Can Ethereum ETFs Capture Wall Street's Attention with Blockchain Innovation?
May 30, 2024 08:58 am UTC| Digital Currency Technology
Wall Street may soon turn its attention to Ethereum ETFs. While interest remains low, Ethers significant role in decentralized finance and blockchain technology presents a unique investment opportunity that could attract...

PayPal Expands PYUSD to Solana, Targets Payment Use Cases with Enhanced Efficiency
May 29, 2024 14:23 pm UTC| Technology Digital Currency
PayPal has expanded its PYUSD stablecoin to the Solana blockchain, enhancing transaction efficiency and targeting new payment use cases, according to a May 28 announcement. PayPal Expands PYUSD to Solana, Enhancing...