Shiba Inu’s burn rate explodes over 800%, signals a buying trend


Shiba Inu is modestly trading around $0.00002023, down by 2.36% in the last 24 hours at the time of writing this article. While it does not showcase a bullish run at the moment, speculation is that SHIB could eventually rebound to a higher value. This thesis gains strength from the fact that...

Base emerges as major player in Ethereum rollup with SocialFi integration


Base, which is a Coinbase nurtured Ethereum layer 2 network, is now a fiery competitor in the Ethereum rollup scenario, gaining an enormous user base via SocialFi apps, on its platform, like Friend.tech, Aerodrome, a sought-after decentralized exchange and Moonwell, a lending protocol. It also...

Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF


Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on June 20, 2024, the ETF is touted as the most cost-effective Bitcoin fund exposure in Australia....

South Korean crypto exchanges may deregister up to 600 altcoins


South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space.  As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....

Rumors of SEC settlement behind highs and lows of XRP


Rumors doing the rounds regarding a possible settlement by the SEC is creating the oscillation of XRP price reaching $0.5049, to go south almost immediately. Previously too, the price lowered by 0.27%, from the figure of 3.50%, finally standing at $0.4892, following a further decline by 1.77%. ...

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