Shibarium, the Shiba Inu Layer 2 network, has been making impressive strides in recent weeks, exceeding expectations and reaching significant milestones. Initially, there were doubts surrounding the sustained growth of the Ethereum-based layer 2 network launched by the Shiba Inu team. Following its launch, the network experienced a decline in usage that persisted for several
Bitcoin
On-chain data reveals a concerning trend as XRP whales make significant exchange inflows, potentially signaling negative implications for the asset’s price. These large transactions, totaling at least $10.9 million each, have caught the attention of market observers. Understanding the motives behind these transfers and their potential impact on the market is crucial to navigating the
Solana (SOL) has unquestionably emerged as a standout performer in the recent cryptocurrency landscape, captivating the attention of market participants with its remarkable surge in value. This extraordinary performance, marked by substantial gains, has propelled Solana beyond the ranks of other leading cryptocurrencies, securing a coveted position among the top five by market capitalization. The
The cryptocurrency market has been eagerly awaiting signs of a long-term recovery. With such prospects in mind, it becomes imperative for astute traders and investors to pay strategic attention to tokens that offer both short- and long-term trading opportunities. One such token that holds promise in the dynamic crypto environment is Woo Network (WOO). After
The surge in interest from institutional investors regarding Bitcoin has become increasingly evident, particularly in anticipation of the potential approval of a Spot BTC ETF. According to a comprehensive report by K33 research analysts, one indicator stands out remarkably when gauging institutional traders’ interest in Bitcoin – the derivatives market. This report, authored by K33’s
Ethereum, the world’s second-largest cryptocurrency, is currently facing challenges in its attempt to climb above key resistance levels. With the price trading below $2,200 and the 100-hourly Simple Moving Average, investors are closely monitoring the market dynamics to gauge whether a bullish trend is imminent or if a bearish momentum will prevail. Difficulty in Breaking
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), has recently encountered a major liquidity loss in its Camelot’s AURY-USDC pool. The incident was a consequence of a hack on the SyncSpace bridge, which led to the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB)
Bitcoin has shown signs of retracement in recent days, potentially indicating a return to the $30,000 mark. With a 2% loss within the past 24 hours, the cryptocurrency is currently trading at $40,950. On a weekly scale, Bitcoin records a 3% loss, with other top 10 tokens facing similar performance, excluding Avalanche (AVAX). Over the
The recent market rally has been accompanied by a significant pullback, dampening the spirits of many investors. However, amidst this sea of red, there are a few altcoins that have managed to defy the bearish trend. Stacks (STX) is one such outlier, experiencing a remarkable 21% increase in value over the past week, according to
The price of Bitcoin has been a topic of constant speculation and debate among cryptocurrency enthusiasts. As we enter the new year, experts have begun to make their predictions for Bitcoin’s performance in 2024. In this article, we will analyze the forecasts made by Ryan Lee, the chief analyst of Singaporean exchange Bitget, and examine
