Day: February 13, 2024

Shiba Inu Records 2,500% Spike In Whale Activity, SHIB Price About To Skyrocket?

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The Shiba Inu ecosystem is buzzing with renewed excitement as whale activities are rising and daily transactions are surging to new levels. Amid SHIB’s price stagnation over the past few years, these developments could propel the cryptocurrency’s value to new highs.  Shiba Inu Whale Activity On The Rise Popular doggy-themed cryptocurrency SHIB has recently experienced a massive rise in whale inflows. According to data released by crypto market intelligence platform IntoTheBlock, Shiba Inu experienced a surge of 2,595% in large holder inflows. The cryptocurrency witnessed a substantial surge between Wednesday,…

Dencun to deploy on Ethereum mainnet as XRP struggles; InQubeta presale soars past $9m

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The U.S. SEC’s approval of spot Bitcoin ETFs was a key milestone for crypto. Meanwhile, Ethereum (ETH) is preparing to upgrade while XRP is under pressure. Amid this, the InQubeta (QUBE) presale is proving successful.  InQubeta presale raises over $9.2 million The InQubeta presale now stands at over $9.2 million as the project aims to raise $10 million.  InQubeta allows crypto AI startups to raise capital using QUBE. Startups, in…

Focus on Litecoin ahead of Bitcoin halving, Solana traders switch to KangaMoon

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The next Bitcoin halving is in early April 2024. This event could affect Litecoin (LTC), the first Bitcoin fork. Ahead of this, other projects like Solana (SOL) and KangaMoon (KANG) have been firm and may outperform LTC after halving.  Bitcoin halving and Litecoin Litecoin’s trading volume is down 19% in the last 24 hours. The coin is also down 6.19% in the previous month.  The drawdown is a concern…

Bitcoin surpasses the $50k mark, positive sentiment growing

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Bitcoin (BTC) has surpassed the $50,000 mark for the first time since December 2021 on its way to an all-time-high. Following the bullish sentiment, the broader crypto market surged as well.  Bitcoin is up by 3.9% in the past 24 hours and is trading at $50,050 at the time of writing. The flagship crypto asset’s market cap is getting close to the $1 trillion mark — currently standing at $982 billion.  BTC price, whale activity, open interest, funding rate, and RSI – Feb. 13 | Source: Santiment The daily trading…

Will Valentine’s Day Bring Love?

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Dogecoin (DOGE), the meme-driven cryptocurrency, remains confined within a narrow trading range of $0.075-$0.088 since the beginning of 2024, leaving investors grappling with its future trajectory. While activity has dwindled compared to early 2023, a significant portion of DOGE addresses remain profitable, fueling cautious optimism. Profitable Addresses Offer Glimmer Of Hope Approximately 60% of DOGE addresses, totaling roughly 1.34 million, currently hold their tokens at a profit, implying they bought at lower prices. This data, gathered by blockchain analytics firm IntoTheBlock, suggests underlying bullish sentiment despite declining market engagement. Technical…

Crypto Traders Scoop Up Bitcoin Options Bets At $65K And Higher

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Solana’s SOL Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth

“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.” Source

Berachain early supporters mint over 1.7m NFTs

Berachain airdrop hunters have minted over 1.7 million NFTs as the yet-to-launch project engaged speculators in tasks that may yield free tokens. Berachain is a layer-1 network powered by proof-of-liquidity and built on the Cosmos SDK, a framework for creating decentralized applications or dapps written in the Go programming language. The protocol also considers itself an Ethereum Virtual Machine-equivalent L1. The blockchain claims to fully implement the EVM code enshrined in Ethereum’s yellow paper, a technical document explaining Ethereum blockchain design and architecture. An EVM-equivalent protocol is also completely compliant…