Specifically, Shiba Inu’s burn rate has increased exponentially, climbing 580% over the past 24 hours. This increase comes at a time when the entire cryptocurrency market is recovering from a recent downturn. In the details released by the SHIB team, an additional 16,607,692 SHIB were burned, representing a 590.19% daily...
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Bitcoin has proven stability, sitting at the $94,000 level this week after an impressive 27% recovery in April. But signs are increasingly pointing to a price pullback as new-market realities set in, changing the landscape. This improvement follows a recent relaxation of international trade tensions. Now the cryptocurrency faces a...
XRP pumped 6% to the moon!!!! That increase was largely driven by enthusiasm about Paul Atkins, the new Chair of the SEC, being appointed — even while legal challenges are moving forward. The debut of XenDex on the XRP Ledger introduces a novel AI-powered decentralized exchange, while Dogecoin eyes a...
Sui, a new, entirely different Layer-1 blockchain focused on scalability, is seeing considerable growth and adoption. This increase is driven by the introduction of its mainnet bridge and growing dominance in decentralized finance (DeFi) solutions and play-to-earn (P2E) gaming. The platform’s Total Value Locked (TVL) has shot up to $1.8...
Dogecoin, which today is trading around $0.174, has been in the news for extreme price fluctuations, recently hitting a high of over $0.19. Even with these ups and downs, sentiment in the Dogecoin market is bullish, with some forecasts predicting substantial growth in the future. Investors have their eyes on...
By Tuesday, the cryptocurrency market was back to a peaceful trading day. At the same time, economic data revealed sharp declines in consumer confidence and job openings. Cryptocurrency Bitcoin, which is on a rocket ride of its own, trading at just under $95,400—up 1% in the past 24 hours.The CoinDesk...
Bitcoin is breaking through resistance levels over $95,460. While it has eased from its more than two-month highs, it continues to stoke bullish and bearish speculation about its price direction among analysts and investors. Forecasts for 2025 are getting more bullish by the day, with the most optimistic calling for...
Bitcoin is currently priced at $94,907.97 as of Tuesday, April 29, at 10:37 a.m. ET, and analysts are closely watching its next key resistance level of $100,000. While there are short-term risks ahead due to regulatory actions and macroeconomic volatility, projections continue to look bright. Market analysts set their sights...