The price of Shiba Inu (SHIB) has been fluctuating in a somewhat unpredictable manner as the month of June comes to a close. Traders and investors are now trying to determine if SHIB will be a worthwhile investment in July. There are several…
The cryptocurrency market continues to experience volatility, with some assets showing potential for good investments in the coming weeks. Several cryptocurrencies are available at a low price of $1 per wholecoin, making them attractive options. Stellar (XLM) has been quietly skyrocketing and showing…
Fidelity is reportedly preparing to submit a filing for a spot Bitcoin exchange-traded fund (ETF). The filing could be submitted as early as Tuesday, putting Fidelity in the race to launch a spot Bitcoin ETF, following BlackRock’s recent filing. Fidelity had previously filed…
Cryptocurrency exchange Bitfinex has announced the launch of a peer-to-peer (P2P) exchange for users in Argentina, Venezuela, and Colombia. The platform will allow customers to buy and sell various cryptocurrencies including bitcoin, ether, USDT, EURT, and Tether Gold. Bitfinex’s Chief Technology Officer, Paolo…
NEAR Protocol ($NEAR) and Injective ($INJ) have experienced significant gains in the crypto market recently, attracting attention from investors. NEAR Protocol is a PoS blockchain that aims to compete with Ethereum and Solana, utilizing sharding to improve transaction speed. Its partnership with Alibaba…
Last week, the prices of Bored Ape Yacht Club (BAYC) NFTs plummeted to their lowest point since late 2021, leading to significant losses for holders. The floor price of BAYC dropped below 34 ETH ($64,000), and this decline coincided with a period of…
Bitcoin miners have recently deposited a record high of 315% of their daily revenue to exchanges, totaling around $128 million. This is measured by the percentage of miner revenue sent to exchanges, indicating a high amount being sold compared to their daily income.…
The liquidators of Three Arrows Capital, a failed crypto hedge fund, are seeking to recover $1.3 billion from the fund’s co-founders, Su Zhu and Kyle Davies. According to anonymous sources cited in a Bloomberg report, the liquidators claim that Zhu and Davies were…
Swiss authorities have frozen approximately $26 million worth of bitcoin and other cryptocurrencies linked to Terraform Labs and its founder, Do Kwon. The assets were stored in the custody of Sygnum Bank. This follows the collapse of Terraform Labs’ algorithmic stablecoin, UST, in…