Over 1 Billion Shiba Inu Torched as Burn Rate Skyrockets 91,090.91%
Shiba Inu burn rate has jumped up by 91,090.91% in the last 24 hours. Consequently, over 1 billion SHIB tokens have been removed from circulation.
Cryptocurrency News
Stay up to date and explore the latest news stories about cryptocurrencies including price forecasts, expert analyses and much more we know about cryptos
TON Teams Up With Crypto.com, Fees Sixfold amid UAE Backlash
The Open Network (TON) has partnered up with Crypto.com to offer secure custody and staking services for institutions.
Two More Reasons for Another Bull Market: Binance, ETH Whales
The fundamentals for another bull run are showing up from different angles. Now, it’s a matter of when it will happen.
Bitcoin Buys: DigitalX, The Blockchain Group Spend Millions
By Parth Dubey
• 2 mins read
DigitalX and The Blockchain Group collectively injected millions into Bitcoin, doubling down on BTC’s role as a strategic treasury asset.
Aptos Claims Third Spot in RWA, $50M APT Unlock Looms
By Parth Dubey
• 3 mins read
Aptos is gaining serious traction as it secures the third spot in the real-world asset (RWA) race with over $538 million in TVL.
Bitcoin ETFs Clock $217M in Inflows Amid ‘Relentless Selling’
By Parth Dubey
• 2 mins read
For Bitcoin (BTC), the CVD data reveals that heavy sell-side pressure is being absorbed, hinting at a stealth accumulation by large players.
Solana ETF Approval Fast-Tracked as SEC Issues New July Deadline – Will SOL Price Hit $200?
By Ibrahim Ajibade
• 3 mins read
The SEC has directed Solana ETF applicants to resubmit filings by July 31, potentially accelerating approval ahead of the October 10 deadline. Market sentiment shows 99% confidence in approval by year-end.
Strategy Launches $4.2B BTC Purchase Fundraise After $14B Profits in Q2
By Ibrahim Ajibade
• 2 mins read
Strategy filed a $4.2 billion share sale to further expand its Bitcoin treasury following record Q2 profits. The firm now holds 594,325 BTC worth $64.4 billion.
XRP Price Can See 600% Surge Amid Massive Withdrawal From Coinbase
By Bhushan Akolkar
• 2 mins read
The XRP price could break out above the $2.15–$2.30 range, with tightened Bollinger Bands indicating a potential spike in volatility.
Russia Creates National Crypto Mining Registry to Curb Illegal Mining Activity
By Rose Nnamdi
• 2 mins read
Russia has launched a national crypto mining registry to reduce illegal mining activity.
Spain’s Tier 1 Bank BBVA Joins Bitcoin and Ethereum Trading Bandwagon
By Godfrey Benjamin
• 3 mins read
BBVA has launched BTC and ETH trading and custody services for retail customers, marking a further expansion of its services in the EU.
The Blockchain Group Reveals 1,904 Bitcoin Holdings Generating 1350% Yield
By Bhushan Akolkar
• 2 mins read
Paris-based The Blockchain Group has acquired an additional 116 BTC worth €10.7 million, bringing its total Bitcoin holdings to 1,904 BTC.
Ethereum to Bring Gas Cap, Whale Activity Signals $3,500
By Parth Dubey
• 2 mins read
Ethereum starts the week with a solid recovery and fresh optimism as Vitalik proposes a gas cap and whale activity hints at a $3,500 price target.
Elon Musk Triggers Bitcoin Rally With Ultra-Rare Integration Plan
By Godfrey Benjamin
• 3 mins read
Elon Musk has recently endorsed Bitcoin by stating his plan to be part of his newly formed “American Party.” BTC price moved to $110,000 shortly after.
XLM Is Pumping Today: What’s Going On?
By Parth Dubey
• 4 mins read
Stellar (XLM) is gaining momentum, rising over 5% in 24 hours amid a dramatic uptick in on-chain activity.
Latest Cryptocurrency news
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
What is Blockchain?
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
How does Blockchain work?
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
What are Cryptocurrencies?
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
What does the future hold for Blockchain and Cryptocurrency?
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
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