Currently, the entire cryptocurrency market is going through a significant downturn. Bitcoins‘ price dropping below $70,000 has caused turmoil, and meme coins like Dogecoin and Shiba Inu have not escaped unscathed. Both coins suffered losses of at least 5% within the past day, leaving investors puzzled about the reasons behind this price decrease. Dogecoin And … Read more
Solana’s network is currently facing congestion, resulting in many transactions failing. The team at Solana asks for community patience as they put in long hours to fix the root causes and improve the network’s foundation. Root cause of Solana congestion Based on Austin Federa’s report as a strategist at the Solana Foundation, teams from Anza, … Read more
Michael Saylor, the founder and current Bitcoin strategist at MicroStrategy, the prominent business intelligence firm, frequently shares Bitcoin-related content with his large following on social media. He often incorporates AI-generated Bitcoin images into his posts. On this occasion, Saylor took to Twitter to issue a crucial warning to the cryptocurrency crowd, advising them not to … Read more
Bitcoin evangelist, early BTC adopter and analyst Tuur Demeester has been playing around with AI. Today, he presented the results of his AI experiment to the Bitcoin community on X social media platform (formerly known as Twitter). Demeester expressed his awe and enthusiasm over the result: an AI-generated song with lyrics, a tune, and vocal … Read more
During a heated debate about Ripple‘s relationship with XRP, David Schwartz, the company’s CTO (Chief Technology Officer), has offered clarification, aiming to bring understanding between the two sides. Ripple CTO On Naming Controversy In the past, XRP and Ripple had similar identities; XRP used to be called “ripples” before adopting its present form. As a … Read more
At Binance, one of the leading crypto platforms, they’ve chosen to remove six trading pairs: BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB. This action is part of their regular practice to maintain a vibrant trading scene and provide top-notch user experience. Although Binance is not eliminating individual cryptocurrencies from its platform, users can continue trading … Read more
In spite of a downturn in the larger cryptocurrency market, metrics for RNDR, an AI-powered token by Render (RNDR), have surprisingly surged. According to ITB’s data, large transactions for this token increased by as much as 140% within a day, resulting in a dollar evaluation of approximately $74.29 million. Unusual Render trend The market data … Read more
Based on blockchain records, approximately 32 million XRP have been moved from Upbit, a major South Korean cryptocurrency exchange, to an undisclosed wallet. The large-scale shift of XRP from Upbit to an unidentified wallet has ignited discussions within the crypto world about the possibility of a big investor buying XRP. According to the crypto data … Read more
WOO X, a popular crypto exchange, has created buzz in the digital currency world today by introducing groundbreaking index perpetual contracts. In collaboration with respected market maker Wintermute and indices provider GMCI, WOO X now grants traders exposure to an extensive collection of indices. These indices encompass meme coins, leading cryptocurrencies, and tokens from layer-2 … Read more
The data from Shiba Inu’s transactions indicates a noticeable decrease in large deals, usually made by big investors or “whales.” Historically, this pattern has been a warning sign for market instability or a potential price decline. Consequently, some investors are wondering about the upcoming direction of SHIB based on this observation. Whale activities with substantial … Read more