Vitalik Buterin Burns 410 Trillion SHIB After Donating to India Relief FundEthereum Founder Vitalik Buterin burned 410 trillion Shiba Inu (SHIB) tokens
The value of the burned amount goes to almost up to 7 billion dollars
Vitalik also donated 1.5 billion dollars worth of SHIB to the India COVID-Crypto Relief Fund
Ethereum Founder Vitalik Buterin…[Read more]

Vitalik burns $6.7B of Shiba to reward generous hodlersEthereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin clone, Shiba Inu (SHIB).

In a statement embedded into the transaction on May 16, Vitalik Buterin explained why he decided to burn $6.7 billion worth of SHIB tokens, emphasizing the…[Read more]

Pluton (PLU) increases over 100% in value after a $5 million Alphabit dealPlutus, a DeFi start-up that is pioneering the crypto card sector has secured a $5 million funding from a prominent crypto fund, Alphabit. As one of the only working cards within the DeFi niche, the funding could be the catalyst for a huge uptick for the company, something…[Read more]

Bitcoin crisis, Elon Musk criticized, Ether thrives, Dogecoin survives: Hodler’s Digest, May 9–15Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointel…[Read more]

Elon Musk hints Tesla may offload BTC, goes to war with crypto TwitterElon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla (NASDAQ:TSLA)’s CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter.

On May 16, Musk replied to a tweet p…[Read more]

Changing the Face of DeFi: Spherium Finance Raises $3.3 Million in Seed and Private Sale RoundsThe DeFi industry has massively disrupted traditional finance, offering a borderless, trustless solution to millions of unbanked individuals around the world. With over $85 billion locked in DeFi protocols, the power that decentralised finance wields has…[Read more]

Bitcoin Market Dominance Plunges To A 3-Year Low Of 40%While bitcoin continues to tumble in response to Elon Musk’s Twitter activity once more, the altcoin dominance has grown to its highest level in about three years. The altcoins have gained strength after tagging a record combined capitalization of around $1.5 trillion in the past week. At t…[Read more]

Elon Musk Said Tesla May Offload Bitcoin, Encounters Crypto Twitter BacklashElon Musk seems to have again become a catalyst for bitcoin’s (BTC) price losing over 10% over the weekend. The losses came in after the Tesla CEO seemed to suggest that the company may be aiming to dump bitcoin from its balance sheet in Q2 2021. Musk is duking it out w…[Read more]

Unlike Dogecoin, Catecoin Gives a New Meaning to Meme Coins with Real Use casen the present-day connected world, memes have become an integral part of our pop culture. While one can’t put a monetary value on the entertainment they provide, its creators can definitely be encouraged and rewarded for their contribution towards a lively internet. C…[Read more]

Altcoins pop while Bitcoin looks for support near $50,000(BTC) continues to look for direction, but as this occurred, Ether (ETH) and altcoins bounced higher from the Thursday sell-off. Dogecoin (DOGE) shocked investors with its 47% rally that kicked off after Coinbase announced that it would list DOGE in the coming months. DOGE’s price also r…[Read more]

Live Dealer BTC Casino Games – What Can I Play?Discover if you can play live dealer casino games at leading crypto casinos using Bitcoin and other options with our guide. In many ways, Bitcoin casinos can offer virtually the same experience as a conventional online casino. This is terrific news if you are thinking of making the jump but are c…[Read more]

Litecoin Falls 10% In SelloffInvesting.com – Litecoin was trading at $279.038 by 23:15 (03:15 GMT) on the Investing.com Index on Monday, down 10.03% on the day. It was the largest one-day percentage loss since May 12.

The move downwards pushed Litecoin’s market cap down to $18.731B, or 0.90% of the total cryptocurrency market cap. At its highest,…[Read more]

Is that it now Elon? Is the Bitcoin recovery now on?Bitcoin and the crypto markets took one hell of a crash overnight and this morning following Elon Musk and Tesla’s complete about face regarding Bitcoin. Musk has faced a backlash on Twitter following hints that his company might sell its Bitcoin – a threat that has now been denied.

The Elo…[Read more]

Maximalists at the movies: Bitcoiners crowdfunding anti-FUD documentary filmAs the headlines pile up about Bitcoin’s calamitous environmental impact, one group of investors and supporters have stepped up to the plate to defend the world’s largest digital asset with the help of a crowdfunded, FUD-fighting documentary film.

First announced by inv…[Read more]

Bitcoin (BTC) Price Prediction: BTC/USD Slumps to $42,000 Low as Bears Attempt Further Decline to $40,000Bitcoin (BTC) Price Prediction – May 17, 2021BTC/USD has continued the downward move after a retest at the $50,000 psychological price level. After the rejection […]

XRP Falls 10% In RoutInvesting.com – XRP was trading at $1.38250 by 21:48 (01:48 GMT) on the Investing.com Index on Monday, down 10.27% on the day. It was the largest one-day percentage loss since May 12.

The move downwards pushed XRP’s market cap down to $49.14811B, or 2.36% of the total cryptocurrency market cap. At its highest, XRP’s market…[Read more]

DeFi growth helps push crypto’s share of the global money supply above 2%This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, a…[Read more]

Kusama (KSM) price hits new highs as parachain auctions begin to take shapeMajor protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news.”

One protocol that has seen its price ris…[Read more]

Bitcoin Cash Price Prediction: BCH/USD Dips Below $1100Bitcoin Cash Price Prediction – May 17 Traders were concerns about Bitcoin Cash’s sudden dip below $1500 as BCH/USD may reclaim back the level if […]

Here’s how Bitcoin’s intraday volatility complicates leverage tradingThe crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter.

This condition creates a FOMO-like situation where everyone gets greedy. The temptation to…[Read more]