Category: Ethereum News

In January 2024, Shibarium layer-2 network will commence burning SHIB tokens, reducing the circulating supply and enhancing token scarcity. The burn mechanism, fueled by collected transaction fees, aims to pave the way for sustainable price growth and bolster investor confidence…

Binance BTC/USDT perpetual contract witnesses an extraordinary price jump from $42,000 to $420,000. Binance attributes this anomaly to a chart display issue, assuring that trading and funds remain unaffected. In a startling development reported by Colin Wu, a noted Chinese…

The crypto market experienced significant turbulence, with XRP witnessing a 2000% increase in bullish liquidations. Despite massive liquidations, XRP’s price remained relatively stable, raising questions about market dynamics and investor sentiment. The crypto market has recently undergone a whirlwind of…

Public blockchains offer greater scalability, liquidity, and innovation potential in asset tokenization compared to private blockchains. The adoption of public/permissioned blockchain combines scalability with enterprise-level governance, propelling the future of on-chain finance. In a world increasingly gravitating towards digital assets,…

Uniswap’s UNI token experiences a significant surge, rising 22% in a week from $5.75 to $7.05. The platform’s expansion includes new features like Rootstock integration and an Android mobile wallet, enhancing its presence in decentralized finance. In a remarkable week…

The top five SHIB holders control about 7% of the total supply, a notable figure in the cryptocurrency landscape. Despite the market’s volatility, these holders show a long-term investment approach, holding their assets through significant market fluctuations. In the dynamic…

A historic surge in Litecoin’s network activity, with 1.2 million new addresses created in a single day, surpasses Ethereum’s daily active addresses. The introduction of Ordinals-like transactions contributes to a record-breaking number of on-chain transactions and rapid network growth. The…

A notable crypto analyst, Credible Crypto, forecasts a new peak for Bitcoin, followed by a significant correction. This prediction is based on historical patterns of Bitcoin’s dramatic falls after rapid ascents. In a recent development stirring the crypto market, the…

India’s Financial Intelligence Unit issues compliance notices to Binance and eight other crypto exchanges. India’s stringent crypto regulations challenge the operation of offshore Virtual Digital Assets Service Providers. In a significant development in the cryptocurrency regulatory landscape, India’s Financial Intelligence…

The competition in the Bitcoin ETF space is heating up with major financial giants like BlackRock and Fidelity vying for dominance, alongside seasoned crypto industry players. The entry of traditional financial institutions into Bitcoin ETFs represents a significant shift in…