The Shiba Inu community has burned around 9 million $SHIB tokens from circulation over the last 24-hour period in a move that is helping reduce the meme-inspired cryptocurrency’s circulating supply, in a bid to help its value grow by reducing available supply. According to data from SHIB burn...
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish but the indicators noted a shift in momentum The bulls looked unlikely to regain control in the coming days Back in January, Decentraland registered a strong rally in the price of its token. This was not unique to MANA, but was a result of a shift in sentiment across the market. After posting gains of 184%...
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To make the decision easier, this comprehensive guide will cover the differences between hardware and software wallets, their pros and cons, and provide tips on how to choose one that best suits your needs.
UK-based crypto taxation start-up Recap has revealed its findings on the ‘crypto-readiness’ of the world’s most populated cities. Their research evaluated eight key data points, namely quality of life, crypto-specific events, the number of people working in crypto-related jobs, the number of crypto companies, R&D spend as a...
Ripple’s ODL product reaches new heights but sees a decline in sales. XRP’s price and weighted sentiment metric surge, but growing short positions raise concerns. Ripple‘s On Demand Liquidity (ODL) product has been making headlines as the firm reported sales of over $200 million in Q4 of 2022. The firm Ripple continued its European expansion […] Source link
Both Dogecoin and XRP cryptocurrencies are very different from one another. As the crypto market is slowly moving towards a bullish trend it becomes crucial to know which cryptocurrency is a better bet in January, 2023. Right now, there are more than 20,000 coins and tokens in existence. With 20-40 new currencies getting listed every day. But not every cryptocurrency promises a bright and green future. In this article, we will discuss which cryptocurrency is best between Dogecoin and XRP,...
On Friday (20 January 2023), David Schwartz, who is Ripple’s Chief Cryptographer and Chief Technology Officer (CTO), explained why XRP is a commodity. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging...
AAVE whales have kept the momentum of accumulating the token since the new year started. The token might no longer be undervalued as the protocol’s third version could be launched this week. Over the last few days, the crypto market has slowed down its tremendous two-week 2023 performance, but protocols like Aave [AAVE] have continually enjoyed the interest of whales. According to Santiment, the non-custodial liquidity protocol’s token has had a series of transactions worth $100,000 since the advent of 2023....
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