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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...

Concerns remain over buying Bitcoin amid fear of inflation elevation


The demand for Bitcoin via Spot ETF is fluctuating. This stems from the fear of inflation elevation despite the number indicating a soft decline in May 2024. The inflation figure for the US in May stands at 3.3%. Economic projections estimate that the number may go further down but the pace will...

UBS Recommends Buying Gold Dips Amid Economic Uncertainty


The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with...

China Halts Gold Buying in May, Ending 18-Month Buying Spree


The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continued to rise. China Pauses Gold Buying in May China’s central bank...

Mobs of Bonk Inu Token Traders Now Buying Mollars ICO


Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin. The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews

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