The biggest of the Ethereum (ETH) whales have started accumulating the Shiba Inu (SHIB) token in a wake of the upcoming announcement. According to WhaleStats, one of the ETH whales named ‘Gimli’ has bought over $11.3 million worth of 421.3 billion SHIBs. The whale added a hefty amount of Shiba Inu coins in just 2 transactions.
Kyrgyzstan’s member of parliament Karim Khanjeza on Wednesday has recommended the Kyrgyzstan government to introduce its own cryptocurrency and legalize it for the people. He believes the booming cryptocurrency market will offer technological advancement opportunities in the country and recommends creating a crypto hub in Kyrgyzstan. The country has seen rapid adoption of cryptocurrencies and crypto mining in recent years.
On Tuesday (March 29), crypto analytics startup IntoTheBlock (ITB) commented on the increasing institutional appetite for Cardano’s $ADA token. ITB calls itself “an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets.” Here are a few insights about $ADA from ITB:...
Recent analytical data shows that the overall stablecoin industry has a market cap of $185.4B. Stablecoin assets are, by definition, virtual currencies tied to the value of another commodity or cryptocurrency. These assets are becoming a favourable financial tool to most investors since they experience lower volatility patterns compared to other virtual assets. Taking up the same idea is MiniVerse Finance, an innovative stablecoin project that runs on the Fantom blockchain. The protocol relies on an algorithmic strategy that helps maintain a 1:1 peg with...
A school in Dubai is reportedly now accepting payments in both the flagship cryptocurrency Bitcoin ($BTC) and in the second-largest crypto by market capitalization Ethereum ($ETH) for tuition fees. The move comes as Dubai is seemingly becoming a cryptocurrency hub and shortly after it became the home of...
Binance is taking its first step to scaling its BNB Smart Chain to support multiple blockchains. Binance announced that it has reworked its previously decommissioned cross-bridge platform Binance Bridge, now naming it Binance Bridge 2.0.
A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000, has revealed he sees decentralized finance protocol Aave pump in the near future, while also being bullish on Avalanche ($AVAX). In a series of tweets...
On March 28th, the GALA sellers tried to revert altcoin from $0.273 resistance, initiating from a long-tail rejection candle. However, they couldn’t follow up on the selling momentum, which allowed buyers to rechallenge the overhead resistance. Can buyers surpass this intense supply pressure and make their way to the $0.36 mark.
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