Shiba Inu (SHIB) tokens have seen a substantial amount of withdrawals last week, amounting to two trillion tokens, which is equivalent to $16 million. The highest outflows were seen on August 22 and 23, accounting for 80% of the total amount. Currently, there are over 80 trillion SHIB tokens on cryptocurrency exchanges, equaling approximately $635 […]
The Shibarium team has announced that withdrawals from their Ethereum Layer2 bridge will take longer than usual to process. This was updated on August 28, 2023 at 11:32 am.The bridge is a tool that allows users to transfer funds from one blockchain to another. It is designed to make transactions faster and more secure.The Shibarium […]
Cryptocurrency markets have been experiencing a period of correction, but a recent analysis by JPMorgan Chase & Co. suggests that this phase is coming to an end. The liquidation of long positions within the crypto sphere has largely been settled, making significant drops in value less probable. Futures contracts for Bitcoin trading on the Chicago […]
Shiba Inu’s Layer-2 blockchain, Shibarium, has recently achieved an average block time of 5 seconds, making it one of the fastest Layer-2 blockchains in the cryptocurrency realm. Despite this, SHIB’s price has remained stable at $0.0000008, leading many holders to withdraw their tokens from exchanges. However, on-chain data suggests that bullish times may be on […]
The Bitcoin network has achieved a significant milestone, with a record 400 th/s hash rate. This comes at a time when the world is facing an energy crisis, highlighting the need for sustainable mining solutions.The hash rate is a measure of the computing power of the Bitcoin network, and is used to secure the network […]
Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, and marks a major milestone for the Shiba Inu project.Shibarium has already boasted over 65k wallets and processed 350 transactions. […]
The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new inflows and money leaving the crypto sector faster than it is coming in. This has put additional […]
Crypto enthusiasts can now optimize their rewards with Carbon’s strategy. The process involves obtaining $SWTH on Demex, transforming it into rSWTH via StaFiHub, bridging it to Terra with TFM, and staking it on Terra’s staking platform. Rewards include both SWTH and LUNA. Additionally, Alliance staking rewards are now active for both 0xcarbon and Migaloo_Zone LSTs […]
JPMorgan’s head of technical strategy, Jason Hunter, has warned that the stock market may see further moves to the downside in the short to midterm. Hunter believes that the “tide is turning” for the S&P 500 after the stock market index printed a recent high of 4,607 points. He also noted that JPMorgan is currently […]
Pomerdoge (POMD) is a new project that is quickly gaining attention from investors due to its ability to endure the current unfavorable trend in the crypto market. The project offers great earning opportunities, including rewards in the game, staking with a fixed APR of 10%, and a collection of 7,777 NFTs scheduled for publication in […]
