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Shiba Inu’s Future: Token burns, whales, and mainstream adoption


Shiba Inu is a meme token inspired by the popular meme of the Shiba Inu dog. It gained fame in the crypto world for its community-driven nature and meme status. However, understanding the current sentiment is crucial as it influences SHIB’s price and market dynamics, impacting both short-term...

The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains


Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...

US Authorities Seize Crypto Linked to Pig-Butchering Scam Held at Binance


U.S. authorities are seeking to recover cryptocurrencies linked to the popular pig-butchering crypto scam. “Law enforcement was able to trace cryptocurrency involved in the fraud and money laundering to two Binance accounts, where it was seized,” the United States Attorney’s...

SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs


The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. SEC Pushes Back Decision...

Biggest Movers: BCH, LINK Move to 6-Week Highs on Wednesday


Bitcoin cash was once again a big mover, as the cryptocurrency rose by nearly 10% during today’s session. The move saw price climb to its highest level since mid-August, and came as U.S. dollar strength pushed the S&P 500 to a three-month low. Chainlink also rallied strongly...

Gary Gensler avoids questions about XRP lawsuit


Gary Gensler, the Chair of the US Securities and Exchange Commission, has recently refused to comment on questions pertaining to the XRP lawsuit. He has said that while he would be happy to talk about the work done by the SEC, he would restrain from talking about any matter that is still in...

ProfitRocket AI announces crypto presale and airdrop event


ProfitRocket AI has announced two events for the coming days. The first one is an ICO presale, and the second event pertains to the airdrop of its token. The presale is scheduled to happen over the course of three months. It will be phased into different stages. The ultimate objective is to market...

MoneyGram announces non-custodial digital wallet launch


MoneyGram recently shared its plans to launch a new non-custodial digital wallet. The announcement was made at the annual Stellar Meridian Conference. The platform also shared an official tweet to share the information with users. The tweet read that the official launch of the wallet will be in...

Will BCH go up after halving?


Bitcoin Cash, or BCH, entered the market after the original BTC network executed a hard fork. Launched in 2017, BCH is one of the most popular cryptocurrencies in the market. The coin was introduced to resolve scalability issues while elevating transaction speed. BCH also provided a gateway...

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