Day: December 12, 2023

How To Create A Crypto Token

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The creation of a crypto token marks the beginning of an exciting venture in the digital currency space. This comprehensive guide is designed to walk you through the journey of how to create a crypto token, from the initial concept to its final launch. Whether you are wondering how to create a DeFi token or how to create a meme token, or another type of digital asset, we cover all the essentials you need to know. We’ll delve into the specifics of each developmental phase, address how much does it…

Satoshi price explodes after Binance listing

The meme cryptocurrency Satoshi saw a 140% price surge within hours of leading crypto exchange Binance announcing it would list the token. According to prominent on-chain analytics platform Lookonchain, the top 20 holders of Satoshi (SATS) now control 333.3 trillion tokens worth $150.8 million. This constitutes 15.9% of the total supply. Six of these top holders obtained their SATS through minting, accumulating around 78.57 million SATS now valued at $35.5 million. At the time of writing, the price of SATS stands at $0.0000004896, showing a staggering 138.03% daily increase. This…

Here’s How Much You Would Have If You Bought Bitcoin When Jim Cramer Said Sell

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Jim Cramer, the host of CNBC’s Mad Money show, has come to be known in Bitcoin circles for his constantly wrong predictions about the asset. Cramer has, at various points, called for investors to sell their Bitcoin but with the crypto’s price continuing to go up after his calls, here’s how much Bitcoin has gained since Cramer last called for a BTC sell-off. Counter-Trading Jim Cramer’s Advice On Bitcoin Back in 2022 when the FTX crypto exchange collapsed and filed for bankruptcy, the Bitcoin price had fallen more than 50%…

Shibarium Hits Another Major Milestone

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Shibarium, the Ethereum-based layer 2 blockchain solution from the Shiba Inu team, has achieved yet another major milestone, showcasing growing strength within the platform. Shiba Inu Shibarium’s Latest Important Milestone The Shiba Inu layer 2 platform has recently crossed a significant milestone in terms of total transactions processed as total transactions have increased dramatically over the past few weeks. According to Shibariumscan – the network tracker, Shibarium has crossed over 90 million transactions performed in the platform since its introduction. Data from the network tracker shows that the number is…

Analyst sees support for Dogecoin at 9 cents

Crypto analyst KrissPax believes Dogecoin has found a floor of around 9 cents despite retreating from recent highs. In a video posted to his YouTube channel on Dec. 12, crypto analyst and influencer KrissPax weighed in with his latest thoughts on the price action and outlook for popular memecoin Dogecoin (DOGE). The analyst believes the broader crypto market is currently in a period of pullback and consolidation after the sharp run-up across many major cryptocurrencies last month. He cited Bitcoin (BTC) falling below $42,000 as an example of the market…

Bitcoin derivatives data points to traders’ $50K BTC price target

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Bitcoin (BTC) price continues to trade below its 2023 high, a sign that investors may have underestimated the strength of the $44,000 resistance. Even as BTC price trades below $42,000, it doesn’t necessarily mean that reaching $50,000 and beyond is no longer possible. In fact, quite the opposite seems more likely to occur. Looking at Bitcoin derivatives metrics, it is clear that traders ignored the 6.9% drop and remained optimistic. However, is this optimism enough to justify further gains? The $127 million liquidation of leveraged long Bitcoin futures on Dec.…

ECB assesses environmental footprint of cash, sees room for improvement

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The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes and discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue. Banknotes continue to be the most common form of payment at points of sale in the eurozone. The use of cash requires an elaborate physical infrastructure for its production, distribution and eventual retirement. Some of the initial components of banknote production that have an environmental impact. Source: ECB  Energy use by ATMs was the biggest contributor to banknotes’ environmental…

Expert predictions point to major BTC price surge

Several analysts think Bitcoin will see a major parabolic uptrend after the next halving in April 2024. Analyst firm Rekt Capital recently posited a theory outlining the “five phases” of Bitcoin halving. The first phase, the pre-halving period, is marked by potentially lucrative investment returns following any major price drops. According to the analyst, we are currently in this phase, as BTC is constantly fluctuating between $40,000 and $44,000 following its more than 10% surge in November.  #BTC 5 Phases of The Bitcoin Halving 1. Pre-Halving period Approximately 4.5 months…

Shiba Inu Rally To $0.0001? Shibarium Transaction Count Breaches 90 Million Milestone

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Shibarium, the Shiba Inu Ethereum Layer 2 network, has been ramping up in the last few weeks. The rapid rate of adoption has led to a rise in the number of transactions being carried out on the network on a daily basis, leading to a new milestone. Over 90 Million Transactions Carried Out On Shibarium According to data available from ShibariumScan, the total number of transactions carried out on the Shiba Inu Layer 2 network has now crossed the 90 million mark. This comes after multiple days of over 6.5…