Month: August 2024
Shiba Inu Burn Rate Skyrockets 14,000%: Can SHIB Price Follow Suit?
Shiba Inu's burn rate surged by 140,000% in the last 24 hours, with a single transaction destroying 96 million tokens, which has sparked speculation about[continue...]
Is XRP the Next Big Thing? 20% of Institutions Invest in the Crypto- Report
Institutional interest in Ripple's XRP is growing, with 20% of institutional investors now holding the digital asset, according to an Ernst & Young report. Despite[continue...]
Pre-weekend Analysis- Ethereum and Ripple Under Pressure as Bitcoin Drips Below $60K
Bitcoin, Ethereum, and Ripple are at critical support levels, with potential declines if they fail to hold above key thresholds. However, breaking above resistance levels[continue...]
XRP Price Holds Steady at $0.57 Despite $8 Million Profit Spree: Is a Correction Coming?
XRP has remained above $0.57 despite traders taking $8.36 million in profits, raising concerns about potential downward pressure. On-chain metrics show mixed signals, with increased[continue...]
Cardano’s Fortune Tied to Bitcoin? Expert Analyzes ADA Price Impact of a $500K BTC
Cardano is preparing for the "Chang hard fork," a major upgrade that will introduce on-chain governance and empower ADA holders to participate in network decisions.[continue...]
Innovation on IOTA! IOlend Debuts as First Multi-Collateral Lending Protocol
IOLEND has emerged as a leading DeFi platform on the IOTA network, offering high-yield lending and liquidity options using $ETH, $USDT, and $IOTA as collateral.[continue...]
Cardano’s Fortune Tied to Bitcoin? Expert Analyzes ADA Price Impact of a $500K BTC
If Bitcoin reaches $500,000, Cardano (ADA) could potentially soar to $75, according to analyst predictions. However, timelines vary widely, with some experts projecting this could[continue...]
What is September for Vechain? Should You Jump on the VET Bandwagon?
VeChain (VET) may face a short-term dip in September, making it a risky choice for short-term investors. However, long-term investors could see significant gains by[continue...]
Terra Classic (LUNC) Opportunity Knocks? 28% WLUNC Price Surge Ignites Speculation
The reopening of the Terra Bridge has driven WLUNC's price up by 28%, sparking speculation about whether LUNC will follow suit. As Terra undergoes significant[continue...]
Bitcoin Under Pressure: A Multifaceted Approach to Understanding the Recent Price Drop
Bitcoin recently fell below $58,000 after encountering significant technical resistance and increased selling pressure. The decline was further exacerbated by market reactions to Nvidia's earnings[continue...]