Tag Archives: Crypto Bits

TL;DR Shiba Inu’s burn rate jumped 100%, with 46 million SHIB removed, making over 41% of its supply burned. Shibarium achieved one million blocks and gained 1.25 million wallet addresses in less than two months. SHIB’s price has dropped 5% in the past week despite these advancements. The Latest Burn The popular memecoin Shiba Inu continues to witness a significant number of assets removed from its total circulating supply. According to the latest data, the burning...

TL;DR Ripple (XRP) outperforms Shiba Inu (SHIB) in Google search interest. Shiba Inu gets more social mentions than XRP but receives similar engagement, raising questions about social dynamics around these cryptocurrencies. Ripple v. Shiba Inu: The Search Volume Battle It goes without saying that Ripple (XRP) and Shiba Inu (SHIB) are two of the most electrifying communities in the cryptocurrency field. They are undoubtedly among the most popular altcoins, but it turns out...

TL;DR Ripple’s trial against the SEC in April 2024 is pivotal for XRP’s price. Partnerships with banks like HSBC and macroeconomic factors will impact its valuation. XRP is currently more trending than Bitcoin due to recent legal victories. Could XRP Thrive Next Year? The popular AI-powered language model ChatGPT could not directly answer the question of whether the Ripple community will witness a price surge of XRP in 2024. However, it pinpointed several factors that could...

TL;DR XRP’s price has been volatile due to Ripple’s ongoing legal battle with the SEC, with recent highs around $0.85 and later $0.55. Analysts provide varied future predictions for XRP: EGRAG CRYPTO at $27, Oaksacorn at $43, and Collin Brown at $10 if Ripple pursues an IPO. Shannon Thorp’s extreme forecast suggests a potential rise to $500 for XRP, a significant leap from the industry’s current market capitalization. Some Shocking XRP Forecasts The native token of Ripple –...

TL;DR The Shiba Inu team resolved a SHIB Telegram account hack, with security measures like two-factor authentication (2FA) implemented. A fake BONE token airdrop was promoted via the compromised account; Vet Kusama warned the community. Shiba Inu officials consistently alert the community about potential scams and advised caution with the SHIB-related Calcium (CAL) token. Fixing the Issue The Shiba Inu team has managed to solve the recent hack on the SHIB Telegram admin...

TL;DR Binance plans to adjust the tick size for 25 spot trading pairs by October 10, 2023, without affecting existing orders. The exchange will delist 19 trading pairs on October 6, all involving BUSD. Binance’s move follows its earlier announcement to discontinue support for the stablecoin, BUSD, next year. Binance’s Amendments The world’s largest cryptocurrency exchange – Binance – announced that it will complete adjustments for the tick size (the minimum change in the...

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number of XRP wallets has recently surpassed 4.8 million. The latest surge of the figure comes amid another dose of enthusiasm among the Ripple...

TL;DR Analyst EGRAG CRYPTO suggests XRP could reach $27 after Ripple’s legal win and its role in cross-border payments. Investors are advised to be cautious due to potential broader market downturns. Past XRP price predictions from different analysts vary widely, from $1.40 to $500. Much More Bullish After Ripple’s Second Victory The popular cryptocurrency analyst using the X (Twitter) handle EGRAG CRYPTO opined that the latest developments surrounding Ripple could act as a...

TL;DR The SHIB Telegram admin account was compromised, leading to a fraudulent BONE token airdrop announcement. Vet Kusama alerted the community about the fake token distribution, urging people not to click on related links. Shiba Inu community members are advised to be cautious, as there are consistent threats from scammers impersonating legitimate projects and figures. Another Warning The Shiba Inu community has to be utterly cautious once again since the SHIB Telegram...

TL;DR The XLS-39 Clawback, part of the XRP Ledger Version 1.12.0, allows asset issuers to “claw back” assets for account recovery or in case of suspected fraudulent activity. The feature has stirred debate in the XRP community, with concerns about it granting issuers excessive control and potential for misuse. Ri Clawback: More Safety or a Double-Edged Sword? The XLS-39 Clawback is a feature that seeks to add a new layer of token control for the XRP Ledger. Clawback is part...