Tag Archives: Crypto Bits

TL;DR Shibarium’s LUCIE issued a warning to the Shiba Inu community about fraud, advising caution with suspicious links offering unexpected rewards. Despite potential scams, SHIB’s value increased by 18% weekly amid effective token burns and Shibarium’s advancements. Shibarium’s Marketing Strategist, using the X handle LUCIE, advised the Shiba Inu community to be utterly careful when clicking suspicious links from prominent individuals or entities “announcing unexpected...

TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The world’s biggest cryptocurrency exchange will expand the list of services offered on Binance Spot “to enhance users’ trading experience.” It will add the following pairs BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL trading pairs on...

TL;DR Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest. The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector. The price of the second-biggest meme coin – Shiba Inu (SHIB) – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March. SHIB...

TL;DR Shiba Inu analysts remain optimistic that future peaks are just around the corner. A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network. After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period. Numerous analysts are forecasting significant rallies in the near future. The crypto investor and trader, using the X handle SHIB KNIGHT, examined...

TL;DR The meme coin sector has witnessed a significant boom, with certain assets being highly popular on social media platforms. While early traders in the ecosystem have seen considerable profits, particularly with tokens like SHIB and WIF, investors are cautioned about the potential for severe losses due to the niche’s notorious volatility. The meme coin sector has been booming in the past several weeks, with numerous assets experiencing triple-digit price increases and...

TL;DR Ripple’s XRP has garnered significant adoption from multiple cryptocurrency exchanges recently, boosting its accessibility and trading options ahead of a major legal trial with the SEC. The price of the asset has seen a 5% increase for the day, with experts predicting a significant surge in the near future, citing technical analysis and market conditions Who Embraced XRP? Ripple’s XRP has been the subject of adoption from numerous cryptocurrency exchanges as of late....

The decentralized finance ecosystem in XRP, managed by its decentralized network XRP Ledger (XRPL), has progressed after adopting the automated market maker(AMM) functionality. Per a post on X (formerly Twitter) by XRPScan, the first AMM liquidity pools were created just a few minutes after the AMM features went live. Some pools now hold hundreds of millions of tokens, supporting pairs such as XRP/USD and XRP/BTC. AMM is now live on XRPL mainnet! First few pools are rolling...

TL;DR Binance adds 17 altcoins as new loanable assets, offering users greater flexibility and the potential for Real-Time APR rewards through its Binance Loans (Flexible Rate) product. The exchange will also delist certain cryptocurrencies, reflecting its ongoing commitment to high standards and operational adjustments in response to network demands. The world’s largest cryptocurrency exchange continues with the amendments to its platform to provide a better user...

TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sector’s notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to make substantial profits. Lookonchain revealed the case of one such trader who...

TL;DR Cardano’s ADA surpassed Bitcoin (BTC) and Ethereum (ETH) in one key metric. Despite a recent 20% price drop, analysts predict a bullish future for ADA, including a potential “parabolic” spike to $10. According to IntoTheBlock, Cardano’s ADA is currently the top cryptocurrency by development activity. It also enjoys the highest amount of weekly engagements. Leading cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC), were placed second and fifth, respectively....