Shiba Inu Burn Rate Spikes 656% as SHIB Struggles to Rebound
Shiba Inu’s burn rate jumped 656% as over 16 million tokens were removed from circulation in 24 hours
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Shiba Inu’s burn rate jumped 656% as over 16 million tokens were removed from circulation in 24 hours
Celsius (CEL) plunged over 13%, as legal tensions surrounding ex-CEO Alex Mashinsky led to investor caution.
Blockchain analytics firm Nansen attributes the rally to significant participation from “smart money” wallets, with $14.2 million in inflows over 30 days.
Bitcoin faces selling pressure as Riot Platforms offloads $38.8 million in BTC and a sell signal flashes on the charts.
Coinbase CEO Brian Armstrong asks US lawmakers to approve stablecoin legislation.
The SEC’s announcement to postpone a decision on the Canary Funds Litecoin ETF led to a 6% drop in LTC price, which is now trading at $82.38.
Bitcoin’s price consolidation after surpassing $96,000 is a sign of a cooldown after an overheated market, and might even face a correction to $92,000.
Digital asset investment products saw over $2 billion in inflows last week, with Bitcoin leading and altcoins like XRP and Solana gaining strong investor attention.
The price of Litecoin rose 5% ahead of an anticipated US SEC decision on the Canary Capital spot ETF proposal.
Bollinger Bands signal incoming volatility for the ETH-BTC pair as Ethereum’s Pectra upgrade approaches.
VanEck’s S-1 filing for its BNB ETF has sparked renewed interest in Binance Coin, which is aiming for a technical breakout point.
After rebounding nearly 9% over the past month, Avalanche (AVAX) is showing signs of bullish momentum.
Bitwise CEO has reiterated the unmatched scarcity of Bitcoin, comparing it to fiat currencies and gold, as institutional demand continues to rise.
Senator Elizabeth Warren has criticized the Trump family’s involvement in the crypto industry, particularly the newly launched USD1 stablecoin.
Charlie Shrem has launched a Bitcoin faucet as traders eye the May 7 Fed meeting, betting on a rate hold that could unlock Bitcoin’s path to $100K.