Today, we caught up with Bob Ras, CEO, and Co-founder of Sologenic, a foundation that synergizes different financial markets by tokenizing various asset classes on a decentralized ecosystem built on the XRP ledger. The Sologenic team is focused on bringing both cryptocurrencies and non-blockchain assets under one umbrella for the ease of trading. During this […]
After days of showing little to no effort in its performance post-price crash, LUNA is now seeing sparks of extreme volatility in its price performance.
On Wednesday, Gary Gensler suggested that Bitcoin is a commodity token that would fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Testifying before a subcommittee of the U.S. House Appropriations Committee, the Securities and Services Commission (SEC) chair echoed his earlier assertions that Bitcoin and other cryptocurrencies appropriately fell under the securities […]
The second version of a crypto whose predecessor is embroiled in lawsuits finds itself defying the odds on the price charts. SafeMoon (SFM) is the rebranded follow-up to SafeMoon (SAFEMOON), a so-called meme coin that initially skyrocketed after launching to great fanfare due to celebrity hype in March of 2021 before crashing two months later. […]
The post DeFi Altcoin Rebounds by More Than 92% From Last Week’s Crypto Crash Despite Class-Action Lawsuit appeared first on The Daily Hodl.
A shocking amount of nearly 13 billion SHIB has already been removed from the systemic circulation supply over the past 24 hours. As tweeted by the Shiba Inu transaction tracker @Shibburn, this is because the coin is being sent to dead-end wallets. The platform also burns Shiba Inu to help keep the supply down. Most of this massive amount of SHIB was destroyed in just one hour. Related Reading | Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation In a tweet on May 18, Shibburn communicated that a truly astonishing 10,028,551,985 Shiba Inu tokens had been shifted to unspendable wallets in six exchanges a few hours earlier. This portion of SHIB is worth $123,551. The tweet reads; In the past hour, there have been a total of 10,028,551,985 $SHIB tokens burned and 6 transactions. An anonymous crypto wallet burned 10 billion SHIB in a single transaction. This was the largest single burn transaction for Shiba Inu so far since the burn started. The number is staggering, but the platform has made progress in containing it. For example, before the above news, the platform tweeted that about 2,677,017,916 Shib were stuck inside unspendable wallets; these took 92 transactions. Shibburn tweeted; In the past 24 hours, there have been a total of 2,677,017,916 $SHIB tokens burned and 92 transactions. Visit http://shibburn.com to view the overall total of #SHIB tokens burned, circulating supply, and more. The Shibburn project’s website reports that the burn rate of SHIB has increased by 5,189.09%. Dead-end wallets are cryptocurrency addresses that have not had any incoming or outgoing transactions in multiple years. They always contain funds, but most of them will never have any transactions. No Impact Of Burns On SHIB Price According to Shibburn, as of now, the total amount of burned Shiba Inu is 410,355,298,103,517 tokens. However, the Shiba Inu’s price has not yet caught up with the all-time high from last year, which was $0.00008845 per token in October 2021. As the circulating supply of tokens decreases, the cryptocurrency becomes inadequate, and its price is likely to rise. Whales Buy The Dip Some people are trying to remove SHIB tokens from circulation so the price will go up. But whales continue to buy SHIB tokens when the price is low and sell them later when the price goes up. Related Reading | LUNA Aftermath: Total Crypto Market More Oversold Than Black Thursday In a tweet, WhaleStats announced that a prominent Ethereum investor with the moniker “BlueWhale0073” had purchased 110,654,459,259 Shib, an equivalent of $1,313,468. On May 14, the BlueWhale0073 already made a bulk purchase an equivalent of $1,408,176 in SHIB – 109,842,128,610 meme coins. Featured image from Pixabay and the chart from Tradingview.com
The meeting which is set to be dominated by developing countries has caught many by surprise with most respondents lauding the move which could help ameliorate the financial situation of countries that feel shut out by developed economies and lending institutions.
After losing over 99% of its total value on Thursday, LUNA’s price surged over 1000% to $0.0005395 on Saturday, igniting bullish sentiments…
On Thursday, Bitcoin continued to shed its value, dragging along other crypto-assets.
The millionaire author of the famous book, ‘Rich Dad Poor Dad’, took to…
Russia announced a willingness to accept bitcoin in exchange for oil, but will countries actually pay in bitcoin or will they stick to gold?
Productive discourse requires the same attributes of “verify, don’t trust” that Bitcoiners espouse yet so often lack.
Does Bitcoin make you a better person? An exploration into personal development through Bitcoin, inspired by Jordan Peterson’s fourth rule.
Amid the tragedy of Russia’s invasion of Ukraine, Bitcoin acts as a humanitarian lifeline.
Chainlink (LINK) caught the attention of investors when it hit $52 in May 2021, but many crypto enthusiasts had already had their eyes on this…
The post Chainlink Price Prediction appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
Users can enhance the privacy of their bitcoin operations by utilizing the RoninDojo Tanto in conjunction with Whirlpool.