Crypto news

TL;DR Shiba Inu’s burn rate has significantly increased, indicating a strong push to reduce the token’s circulating supply, which could boost its value over time. The development of Shibarium, aimed at enhancing the ecosystem by reducing fees and increasing transaction speed, is viewed positively for SHIB’s future price potential. The popular meme coin – Shiba Inu – continues to witness a substantial amount of tokens removed from its circulating supply. Data shows that the...

TL;DR Shiba Inu has experienced significant price increases recently, with optimistic predictions for further gains. Discussions around meme coins like SHIB and DOGE are heating up, with various individuals offering differing opinions on which is the better investment, amidst forecasts of continued bullish trends in the cryptocurrency market. How High Can SHIB Go? The second-largest meme coin caught the recent green wave in the cryptocurrency sector, being one of the...

[PRESS RELEASE – Ljubljana, Slovenia, March 2nd, 2024] Blocksquare, a pioneering force in real estate tokenization, has confirmed that its native Blocksquare Token (BST) will be available for trading on leading cryptocurrency exchange Gate.io from March 4. The news marks a major milestone in Blocksquare’s journey to transform the property investment landscape, enabling investors to take advantage of commercial real estate opportunities in their region. “We are delighted to...

[PRESS RELEASE – Delhi, India, March 2nd, 2024] Introducing an old soul with a new spirit. For a long time, people have been unaware of the fact that there is a simpler way to immerse themselves in spirituality without physically attending. This concept gained significant attention after the lockdown when people were unable to visit shrines. Now, at Laxmi M, we present one of the first blockchain platforms on spiritual grounds. Here, individuals can attend shrines in the...

Worrying developments at New York Community Bancorp (NYCB) have several Bitcoin investors anticipating a renewed U.S. banking crisis – which could bring money crashing back into the digital currency. The bank’s stock is down 41% over the past month, including a 28% plunge on Friday. Trading for $3.55 at writing time, it has now reached its lowest share price since 1996. What’s Happening at NYCB? NYCB had already suffered major losses in early February after disclosing that...

Analysts at crypto intelligence platform Santiment said Bitcoin’s remarkable performance in the 29 days of last month gave leap year a new definition, but the market may be in for a different ride in March. According to the Santiment’s monthly report, several on-chain indicators suggest the market is in a bit of a danger zone and faces an increased risk of a correction in the short term. A Bit of a Danger Zone Bitcoin recorded a 45% surge in February, blasting past $45,000,...

Bitcoin’s price has calmed at around the $62,000 level after a noteworthy week in which the asset soared by over ten grand. However, the altcoins have resumed their bull run with massive gains from the likes of DOGE, SHIB, BCH, UNI, ADA, and others Altseason Incoming? Numerous reports emerged in the past week or so suggesting that the altcoins, which were outperformed by Bitcoin lately, could be on the verge of a price explosion, thus triggering the next altseason. This...

As Bitcoin surges toward its previous all-time high, industry experts are anticipating a correction before the digital asset can continue its upward trajectory. Mike Novogratz, founder of Galaxy Digital, shared his insights with Bloomberg TV, suggesting that while Bitcoin has soared past the $60,000 mark this week, a correction is likely imminent. Bitcoin Enters “Price Discovery” Phase “I wouldn’t be surprised to see some correction and some consolidation, but I’m very loath...

Coinbase has had a great run recently, topped off with a great Q4 2023 roundup in which the platform announced that it had beaten analyst predictions and was well on track to recovery from crypto winter. However, a technical glitch – which was reportedly caused by high traffic – recently struck the exchange, causing the site to display some users’ balances as zero. Speedy Recovery The platform has since recovered from the glitch, and Coinbase CEO Brian Armstrong hopped on X...

Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various reasons, such as inputting incorrect wallet addresses, depositing tokens that are not compatible, and issues arising from blockchain updates, can lead to mishandling of funds. Mishandled Deposits Recovered In 2022 and 2023, Binance resolved 381,616 cases where users deposited crypto assets that were not credited to their...