Tag Archives: Crypto Bits

Zcash (ZEC) exploded roughly 30% weekly after Grayscale filed a request for a privacy-centered ETF that tracks companies from that sector, including privacy coins, AI, data security, and more. Grayscale approached the SEC this week with a proposal for a unique exchange-traded fund (ETF) focused on privacy and cybersecurity, the Grayscale Privacy ETF (PRVC), as revealed in the Form N-1A filing.  Privacy-Related ETF? The filing specifies that companies must derive more than 50%...

TL;DR The lawsuit between Ripple and the SEC is approaching a crucial trial in April 2023, with potential long-term impacts on the cryptocurrency sector and possibilities of extended legal battles through appeals. Ripple has gained key partial legal victories, but the final outcome and its implications are still uncertain. Could We See the Conclusion This Year? The lawsuit between Ripple and the United States Securities and Exchange Commission has been among the trendiest...

TL;DR One forecast suggests a 51% rise in Shiba Inu price in the near future. SHIB’s aggressive token burning, the advancement of Shibarium, and other factors can positively impact the asset’s value. SHIB’s Chances of Price Ascent Shiba Inu’s valuation has been underperforming lately, falling by 4.5% on a weekly scale (per CoinGecko’s data). Despite standing far from its all-time high levels (registered in 2021), the asset remains an intriguing topic and is often a subject...

TL;DR Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future. Certain regulatory developments, among other factors, could propel a significant price rally. Ripple’s Odds of Hitting $1 Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 mark. However, the ongoing trends have not stopped multiple analysts from outlining...

TL;DR Ethereum’s recent price surge coincides with a shift towards self-custody and an anticipated blockchain upgrade. ETH’s valuation might also be positively impacted by regulatory developments, among other reasons. Abandoning Exchanges The price of Ethereum (ETH) has increased significantly in the past several weeks, recently surpassing the $3,000 milestone for the first time since the spring of 2022. Some on-chain metrics suggest that the asset might be poised for a...

TL;DR Shibarium’s usage and growth metrics show strong adoption, with transactions and wallet addresses increasing. This growth could positively impact Shiba Inu’s price, which has seen a modest rise recently. Shiba Inu’s layer-2 blockchain solution – Shibarium – continues to make waves, frequently smashing various milestones. On February 19, daily transactions on the network surged to 3 million, whereas the number of total transactions surpassed the 360 million mark. Wallet...

TL;DR Binance will discontinue support for specific leveraged token pairs, converting any held by users into USDT. The move is part of the company’s ongoing effort to refine its product offerings. The world’s largest cryptocurrency exchange – Binance – announced it will cease support for the following leveraged token pairs: BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BTCUP/USDT, and BTCDOWN/USDT by April 3.  Trading and subscription options for the affected tokens...

Solana’s ecosystem has been booming in the past few months, giving birth to a number of meme coins that came to prominence only to decline and subsequently fade into oblivion. That hasn’t been the case with WIF, however, as – by all measures – it appears that the dog, indeed, still has a hat. Dogwifhat (WIF) has seen its price exceed $0.40 in the past 24 hours, surging by more than 16%, as seen in the chart below: Source: DexscreenerIt’s worth noting that WIF’s move comes...

A renowned member of the Shiba Inu team and SHIB influencer, Lucie, recently issued a warning to the SHIB community ahead of the upcoming debut of the SHEboshis NFTs, a new collection within the Shiba Inu ecosystem. SHEboshis NFTs will be tradable on Uniswap and ShibaSwap, with plans to bridge to Shibarium in the future. The SHIB team aims to initiate the next phase of Shib NFTs by releasing the first claimable set to SHIboshi holders for free. However, SHEboshis – based on...

On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop.  The Post-Mortem According to a post-mortem report released by Anza co-founder Jeff Washington, a bug...