Popular meme coin Shiba Inu (SHIB) is exhibiting significant adoption as the crypto asset is witnessing a surge in social activity, demonstrating its stance as one of the leading coins in the cryptocurrency industry. Shiba Inu Social Activity On The Rise The development was reported by Shiba Inu’s team on the X (formerly Twitter) noting…
Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will never go below again. According to a tweet by the controversial analyst, BTC is “highly unlikely” to ever move below $33,000, which is also its 200-week moving average. This prediction applies to post-halving slumps and subsequent bear…
As Bitcoin received a massive drop of $3,000 in price, investors seemed to divert their attention to a relatively stable investment portfolio. DeeStream comes forward as a savior for crypto users, particularly Solana and Ripple investors. DeeStream is a web3 platform for live streamers and content creators to showcase their talent and earn in cryptocurrency….
The Bitcoin Network Value to Transactions (NVT) Golden Cross indicator attained overheated values coinciding with the recent local top in the price. Bitcoin NVT Golden Cross Surged To 3.17 During Recent Peak An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross may have served as an indicator of the recent top…
EcÂł, a decentralized physical infrastructure network (DePIN) for green energy storage, has joined officially the peaq ecosystem. It represents a new type of sustainability, as the use of solar power is incentivized and participants are rewarded with token rewards. EcÂł draws strength from the growing trend of the world carbon offsets market. It is expected…
Fantom Foundation launched USDC.e stablecoin on Wormhole to boost liquidity and accessibility in their ecosystem, offering a seamless transition to native USDC in the future. USDC.e provides various functionalities, such as storage, payment, trading, borrowing, and lending, to developers and users on the Fantom blockchain. Fantom Foundation, in collaboration with Circle and Wormhole, has announced…
Bitcoin on-chain data shows the so-called “accumulation addresses” have been buying large amounts of the cryptocurrency this month. Bitcoin Accumulation Addresses Have Seen Large Inflows Recently As analyst Ali pointed out in a new post on X, Bitcoin accumulation addresses have been observing inflows recently. The “accumulation addresses” here refer to the wallets of the…
TL;DR Key indicators like heightened social engagement, alongside significant SHIB withdrawals from exchanges, hint at an upcoming bull run for the meme coin. SHIB’s aggressive token burning and the progress of its Shibarium layer-2 blockchain solution could also contribute to positive market performance. What Signals a Possible SHIB Bull Run? The cryptocurrency market is still…
After February’s strong up movement, Bitcoin has generally moved sideways through March and now into April. The longer the sideways move, potentially the bigger and more explosive move to follow. Since the beginning of February, and into the first half of March bitcoin put on 76% in price gains. From the top at $73,800, the…
Dogecoin (DOGE), the Shiba Inu-themed memecoin, finds itself in a curious situation. While the number of holders and overall interest in DOGE surges, its price has experienced a significant drop in the past week. This inconsistency reflects the broader volatility of the memecoin market, currently experiencing an influx of novice traders. IntoTheBlock, a blockchain analytics…