Tag Archives: Crypto Bits

TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, saw daily transactions surge by 193%, although still below its peak activity from mid-April. A 4,000% increase in SHIB’s burn rate and positive analyst predictions hint at the potential for further price gains of 20-50%. The Latest Spike Shiba Inu’s layer-2 scaling solution – Shibarium – continues to make great strides, witnessing a substantial increase in transaction activity. Data shows that daily transactions on...

TL;DR Shiba Inu (SHIB) has recently risen by 6%, with predictions of further significant increases if it breaks key resistance levels. Analysts are optimistic, with forecasts ranging from moderate gains to potential surges as high as 350% in the near future. SHIB’s Next Possible Move The price of the popular meme coin – Shiba Inu (SHIB) – has recently flashed green, rising by 6% over the past week. The sudden move to the north did not come as a surprise to some analysts who...

TL;DR Floki Inu (FLOKI) has experienced a significant price increase recently, coinciding with the general upswing in the meme coin market. A proposal from the Floki DAO to burn over 15 billion tokens aims to increase scarcity and potentially boost the value of the asset. What’s Fueling FLOKI’s Ascent? The popular meme coin – Floki Inu (FLOKI) – recently experienced a substantial price increase, spiking by 17% on a 24-hour scale and 32% weekly. Currently, it trades at around...

TL;DR Shiba Inu experienced a significant increase in transaction volume and price, supported by improvements in its blockchain technology and increased token burns. SHIB’s adoption as a payment method by CoinGate further enhances its utility and exposure in the cryptocurrency market. This SHIB Indicator Took off The second-biggest meme coin in terms of total market capitalization – Shiba Inu – made the headlines today (May 14) thanks to the rise of one major metric related...

TL;DR CoinGate, a blockchain payment processor, has added Shiba Inu as a payment method, integrating it with Polygon and Binance Smart Chain. SHIB’s price experienced an uptick lately, while its market capitalization neared $14 billion. Enabling SHIB Payments CoinGate – a blockchain payment processor headquartered in Lithuania – became the latest entity to embrace the popular meme coin – Shiba Inu – as a payment method. To do so, it integrated SHIB with Polygon and Binance...

TL;DR Ripple’s XRP is holding steady at $0.50 despite a broader market upturn. Analysts foresee a potential bull run, with resistance at $0.49 seen as crucial. Future Projections: XRP’s price movement may depend on Bitcoin’s performance, with predictions suggesting it could rise significantly if market conditions are favorable. XRP’s Next Possible Move The cryptocurrency market experienced a resurgence today (May 13), with numerous digital assets entering green territory....

TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with the American soccer club Inter Miami. What’s New Around Polkadot? The blockchain protocol made the headlines in the past few days due to completing some important advancements. As CryptoPotato reported, it enabled Asynchronous...

TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies and the outcome of Ripple’s lawsuit against the SEC, both of which could significantly impact investor sentiment and market dynamics. The...

TL;DR Despite its recent 14% decline to around $7, some analysts think Polkadot (DOT) has a huge potential to rally in the near future. A potential bull run depends on technical advancements and overcoming certain support zones. Is DOT a ‘Sleeping Giant?’ The blockchain protocol – Polkadot – has passed through numerous developments as of late, capturing the eye of many industry participants. Despite those advancements, though, its native cryptocurrency – DOT – has...

TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties await a judicial ruling, speculations arise about a potential settlement this summer. The SEC’s Actions The legal case between Ripple and the US Securities and Exchange Commission (SEC), which dates back to December 2020, has intensified in the past several weeks. One...