SHIB Burn Rate Goes Parabolic — What’s Fueling the Fire?
TL;DR Shiba Inu’s burn rate surged impressively in the past 24 hours, largely due to a mysterious user who single-handedly scorched one billion tokens. Some analysts remain bullish on SHIB,…
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NYSE Parent Company ICE Eyes USDC, USYC for New Market Solutions
NYSE parent ICE and crypto titan Circle team up in a landmark move to turbocharge Wall Street’s adoption of Circle’s $60B stablecoin USDC and tokenized money market assets. ICE and…
ADA Investors, Brace Yourselves: Cardano Could Be in for Wild Price Action – Here’s Why
TL;DR ADA’s price has consolidated at around $0.73 for a while now, but tightening Bollinger Bands suggest incoming volatility. Whales have accumulated 240 million ADA last week, reducing the circulating…
Spot Bitcoin ETFs Hit Critical Turning Point as Flows Stabilize: CryptoQuant
In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says…
Bipartisan Legislation Seeks to Distinguish Securities and Commodities in the Crypto Market
U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) reintroduced the bipartisan Securities Clarity Act on Tuesday to establish regulatory distinctions between securities and commodities in the digital asset sector,…
Has ETH Exhausted Its Upward Movements? (Ethereum Price Analysis)
Ethereum has entered a consolidation phase after a short-term recovery, with the price stalling below key resistance levels. Yet, considering market sentiment, the asset could be on the verge of…
XRP Consolidation Nears End, Major Move Incoming: Ripple Price Analysis
Ripple’s momentum has stalled at the critical 100-day moving average of $2.5, leading to muted price action. This juncture is pivotal; a breakout above this resistance could trigger a significant…
Massive Adoption News for Ripple (XRP) and Cardano (ADA): Details
TL;DR Interactive Brokers expanded its crypto offerings, allowing services with XRP, ADA, and two other digital assets. Despite the listing, the newly added coins saw no price gains, with all…
SUI Shoots Up by 9% Daily, BTC Recovers After Sub-$86K Drop (Market Watch)
Bitcoin’s price nosedived yesterday to just under $86,000, but the asset bounced off and has recovered more than a grand since then. Most altcoins are in the red on a…
Wyoming Stablecoin: Chainalysis, Inca Digital Selected to Help Detect Illicit Use of WYST
The U.S. state of Wyoming has identified nine candidate blockchains to host its upcoming stablecoin, dubbed WYST. The state has selected Layerzero, an omnichain interoperability protocol, as the top-ranked vendor…
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