[ad_1] The keynote of Shiba Inu lead developer Shytoshi Kusama at the Blockchain Futurist Conference on August 13 in Toronto has brought a plethora of major news. Kusama’s keynote not only reaffirmed the crypto project’s innovative trajectory but also mapped out a bold vision for its future. Shiba Inu News From Toronto Shytoshi Kusama’s presentation highlighted the rapid advancement of Shiba Inu over the past years, noting its prominence in the crypto space. “SHIB was the second most searched token worldwide in 2023,” a testament to its growing popularity and influence. Moreover, the launch of Shibarium last year was emphasized…
Author: dfrancis36
[ad_1] Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he…
[ad_1] As Bitcoin adoption continues to gain momentum globally among countries and traditional financial (TradFi) institutions, Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has emerged as a stealth holder of the largest cryptocurrency on the market. Unexpected Bitcoin Whale? According to a recent analysis by K33 Research analyst Vetle Lunde, NBIM, which manages the Norwegian Government Pension Fund Global, now indirectly owns 2,446 Bitcoin (BTC), representing a significant increase of 938 BTC from the end of 2023. Lunde explained that growth likely originates from pre-determined algo-based sector weighting and risk diversification. “It’s unlikely to stem from an intentional…
[ad_1] A Solana (SOL) whale has been offloading a significant amount of its holdings for a while, a move that could significantly impact Solana’s price and the projected move to $1,000. Solana’s fundamentals remain strong amid these sell-offs, suggesting that SOL could still enjoy a significant rally. Solana Whale Has Sold $86 Million Worth Of SOL This Year The on-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post a Solana whale that has sold 594,000 SOL ($86 million) this year. Since January 15, this whale is said to have deposited its Solana holdings to Coinbase, Binance, and OKX,…
[ad_1] Tron price is rising from the $0.1250 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1320. Tron is moving higher above the $0.1280 resistance level against the US dollar. The price is trading above $0.130 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1305 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1335 or even $0.1350. Tron Price Eyes More Upsides Recently, Bitcoin and Ethereum saw a fresh decline below $60,000 and…
[ad_1] In a new development, on-chain data from DeFiLlama shows that Pump.fun, a launchpad on Solana allowing users to create and deploy tokens, mainly meme coins, generates more fees than some of the top protocols in Solana and Ethereum. Pump.fun Generates More Fees Than Ethereum DeFiLlama data shows that the launchpad generated $5.3 million in fees in the past day alone. At this pace, it is nearly double the $2.3 million by Lido, a top liquidity staking platform on Ethereum. Interestingly, Pump.fun generates more fees than Ethereum, a network known for charging relatively higher gas fees than all other blockchains.…
[ad_1] XRP price failed to climb above the $0.5850 resistance zone. The price dipped and now shows a few bearish signs below the $0.5750 level. XRP price is struggling to climb above the $0.5850 level. The price is now trading below $0.5750 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $0.5745 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.580 resistance zone. XRP Price Dips To Support XRP price remained stable near the $0.5650 level…
[ad_1] A big change is brewing up in the world of Bitcoin. Over time, US-based ETFs will become the largest holders of Bitcoin, surpassing even Satoshi Nakamoto, the mysterious founder of the cryptocurrency. This development certainly also captures how institutional interest in the cryptocurrency space is growing. Bloomberg senior ETF analyst Eric Balchunas surprised the crypto community with a farfetched prediction in relation to Bitcoin ownership. Balchunas claims that if trends continue, by the end of this year, the world’s most elusive man, Satoshi Nakamoto, will not be holding the largest share of the cryptocurrency. This prediction assumes a dramatic…
[ad_1] Solana (SOL), one of the largest digital assets in the market by market capitalization, has been in a period of price consolidation, oscillating between the $140 and $150 price range. This period follows a significant drop that saw SOL plummet to $109 on August 5th, with a modest recovery since then. However, despite its resurgence, Solana has struggled to break above upper resistance levels, reflecting a pattern reminiscent of Bitcoin’s (BTC) price movements for the past week. Solana Price Forecast According to crypto analyst “XForce,” Solana is currently positioned in a way that is strikingly similar to Bitcoin’s price…
[ad_1] Recently, a significant shift has been observed as investors from Pepe Unchained (PEPU) are turning their attention to Mpeppe (MPEPE) during its pre-sale phase. This new memecoin is gaining traction and is set to redefine the landscape of digital assets. Here’s why Pepe Unchained (PEPU) investors are making this move and how Mpeppe (MPEPE) is poised for remarkable success. The Allure of Mpeppe (MPEPE): A New Frontier in Crypto Mpeppe (MPEPE) is capturing the attention of investors with its unique blend of community engagement and innovative technology. While Pepe Unchained (PEPU) has made significant waves in the crypto market,…