Binance Labs, the Venture Capital arm of Binance Exchange might be offloading PERP, the native token of the Perpetual Protocol. Data from crypto analytics provider Spot on Chain reveals that Binance Labs deposited a total of 750,000 PERP worth approximately $784,000 hours before writing. The tokens were sent to Binance at an average price of…
XRP recently retested a multi-year ascending trendline that has persisted for nearly ten years, with analyst JD calling attention to massive 39x and 650x spikes following previous retests. JD highlighted this setup in a post detailing XRP’s price movements amid the current bearish phase. Notably, XRP is down over 18% this year, with its biggest…
The Cardano founder Charles Hoskinson recently reacted to the latest network outage encountered by the Solana blockchain, as engineers look to get the chain back up. Hoskinson’s reaction involved a taunting GIF on X featuring a gamer attempting to fix issues with a Super Nintendo Entertainment System (SNES). The individual’s attempt at fixing the issue…
SpaceX has lent its support to the Dogecoin community, accepting payment in DOGE for the rescheduling of the DOGE-1 Lunar mission. The Dogecoin community had long been awaiting the DOGE-1 Lunar mission, a trip that would have sent the DOGE memecoin to space. The mission, which was initially supposed to be held earlier this year,…
Uphold finally rolled out the minting of the much-anticipated exclusive NFT collection of XRP Army Badge. Prominent centralized crypto trading platform Uphold has disclosed that the minting of the XRP Army Badge NFT is now live. The American exchange communicated the development via its official X handle and blog on Monday. Exciting news Uphold #XRPArmy!…
Tron Founder Justin Sun recently shared an experience on how he worked with Ripple, while Ethereum founder Vitalik Buterin did not secure a role for other reasons. The cryptocurrency industry has evolved significantly since its early years, from a relatively unknown space to a trillion-dollar market. However, not much is known about the events that…
A Chainlink whale has been on an aggressive accumulation streak with multiple wallets featured in the recent LINK purchases. According to insights shared by blockchain analytics firm Lookonchain, the Chainlink Whale might also be an institution with an account on Binance. Per Lookonchain, the whale has withdrawn a total of 2,237,504 LINK worth approximately $42.38…
Analyst Ali Martinez is doubling down on his projection of Cardano (ADA) becoming a $7 asset in the anticipated bull, citing a potential 1,767% gain following its consolidation breakout. In recent weeks, Cardano has continued to struggle around the $0.50 range, often losing the psychological threshold. Over the past week, ADA has registered a 7.16%…
AI chatbots Google Bard and ChatGPT have predicted what the price of Shiba Inu (SHIB) will be worth if Bitcoin (BTC) soars to $500,000. This next Bitcoin halving event will impact the coin’s price and other altcoins, including Shiba Inu. While the market is largely speculative, there is an expectation that the aftermath of the…
Shiba Inu (SHIB) could be on the verge of retesting and potentially breaking above its downtrend resistance, according to prominent analyst Crypto Rand, who has taken an interest in the asset. Crypto Rand revealed the current situation in a recent analysis on X. The analyst suggested in an earlier analysis that he has focused on…