CoinRegWatch

TL;DR The Shiba Inu burn rate exploded again, an effort aimed to reduce the asset’s circulating supply and make SHIB more valuable in time. However, the price remains deep in red territory amid an overall market collapse.  SHIB Burn Rate Takes Off The team behind the popular meme coin – Shiba Inu – keeps removing…

New York, USA – Meet Speedy, a name truly befitting his lightning-fast abilities. He resides on the quickest blockchain technology and is eager to demonstrate the advantages of its speed and efficiency.  Incubated by the first meme foundation on Web3, The GOAT Foundation, Speedy starts a new chapter on the most technologically advanced blockchain to…

Stader, a well-known liquid staking forum, has recently announced integrating Chainlink CCIP. The integration of the industry standard concerning the safe interoperability of Chainlink CCIP on Arbitrum and Ethereum mainnets emerges as a milestone for the platform. As a result of this integration, the company will leverage the capabilities of CCIP regarding simple token transactions….

On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a post on X, the long-term holders have massively reduced distribution during the last ten days. The…

As the cryptocurrency market continues its rapid expansion, diverse presale opportunities capture investor attention. Raffle Coin, still in its initial presale phase, offers tokens at $0.020 with a fixed supply, positioning it as a potentially lucrative long-term hold. Similarly, NFTFN appeals to those interested in the burgeoning NFT market, with a presale price of $0.025…

Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain analytics platform. This assessment, the founder notes, is even when excluding ETF settlement transactions.  Spot Bitcoin ETF Demand Slumps In The…

The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that volatility may eventually decline. With the Bitcoin halving a few days away, the amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months. At the same time, the…

Nuklai, a Layer 1 blockchain infrastructure that enhances data ecosystems for AI advancements, has announced the upcoming Token Generation Event (TGE) and multiple listings for its native token, $NAI. The Initial DEX Offering (IDO) took place on prominent platforms, including ChainGPT Pad, Ape Terminal, and WePad, starting from April 15th to 16th. Showcasing robust demand, the…

The Merit Circle ecosystem treasury has announced a remarkable growth of approximately $94 million in the first quarter of 2024, bringing the total treasury size to approximately $201 million. This surge in growth exemplifies the robust financial health of the Treasury and underscores its strategic investments within the gaming industry. Since its establishment, Merit Circle…

While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues,…