SHIB Burns Surge: Two Whales Transformed the Shiba Inu Market
The Shibburn wallet tracker, favored by the Shiba Inu community, reports a significant increase in SHIB burn transactions since Sunday morning. According to Shibburn, two anonymous SHIB whales are responsible for this surge, transferring 10,359,000 SHIB meme coins to unspendable blockchain wallets between 13 and 16 hours ago. The total burn rate has increased by […]
Shiba Inu Volume Skyrockets 145% as SHIB Price Eyes Recovery
Shiba Inu’s trading volume soared by 145% over the past 24 hours, according to recent market data. CoinMarketCap reports that the dog-themed cryptocurrency’s trading volume now equals $1.14 billion, or 65.92 trillion SHIB. Yesterday, the SHIB price dropped more than 11%, reaching lows of $0.00001679, due to the recent hacking incident at the India-based crypto […]
XRP Whales’ Significant Transactions Boost Market Sentiment
Amid a notable price dip, XRP whales have conducted substantial transactions, suggesting a bullish outlook for the cryptocurrency. Today, Whale Alert, a service tracking whale activities in the crypto market, reported two significant transactions involving XRP. In the first instance, a whale transferred 22 million XRP from the South Korean exchange Upbit to an undisclosed […]
XRP Ledger Sees Record Surge in New and Active Wallets
The XRP Ledger has recently experienced a significant surge in new and existing addresses, reaching levels not observed since March. This uptick in activity occurs as XRP undergoes a steep market correction, dropping to $0.57. On-chain data reveals that the XRP Ledger saw the creation of 1,721 new wallets in a single day, the highest […]
Dogecoin Debit Card Alert: DogeCard Service Discontinuation
DogeCard, a pioneering fintech company famous for its innovative debit card enabling global Dogecoin (DOGE) spending, will soon cease operations. Mishaboar, a prominent figure in the DOGE community, urged DogeCard holders to withdraw their funds by Aug. 14, 2024. The decision to shutter DogeCard stems from challenges in securing a banking partner capable of supporting […]
Cardano Founder Challenges Vitalik Buterin on Political Stance
In a recent development, Charles Hoskinson, founder of Cardano (ADA), responded directly to Ethereum (ETH) founder Vitalik Buterin’s stance on political involvement in crypto. On July 17, Vitalik Buterin expressed his views in a blog post concerning the upcoming U.S. presidential elections. He suggested that the crypto community should avoid aligning with political candidates solely […]
XRP’s Battle Against Selling Pressure: Key Support and Resistance Insights
XRP has recently experienced substantial selling pressure for the first time since the beginning of market growth. The asset has lost around 5% of its value, and without immediate support beneath the current price, the situation may worsen. At approximately $0.55, XRP encounters its first significant level of support. As a psychological barrier for traders, […]
XRP’s Price Rally: Golden Cross and Key Support Levels
XRP, the sixth-largest cryptocurrency by market capitalization, has seen a remarkable 40% increase over the past week. Since hitting major support at $0.381 on July 5, XRP’s price has steadily climbed. XRP has marked eight out of nine days in green, with sharp price increases in the last 48 hours. According to on-chain analytics firm […]
Shiba Inu’s SHIB Burn Rate Soars 300% Amid Price Recovery
According to the Shibburn wallet tracker, which monitors Shiba Inu burn transactions on Etherscan and then publishes the details on its website, the SHIB community has significantly increased the SHIB burn rate in the last 24 hours. This surge occurred as the SHIB price began to recover after nearly a 9% drop earlier this week. […]
XRP Trading Volume Surges as Ripple Transfers 150 Million Tokens
Ripple has recently transferred 150 million XRP, aligning with a 30% price surge that set a new monthly high at $0.602. This movement comes as trading volume reaches $3.26 billion in 24 hours. Ripple’s large-scale XRP transactions have coincided with a significant price surge. Earlier today, XRP set a new monthly high at $0.602, marking […]