As the Shibarium team prepares to automate SHIB burns from this month onwards, the burn portal could incinerate 9.25 trillion tokens in January 2024. Since the Shiba Inu ecosystem team unveiled plans to automate Shibarium-powered burns beginning this month, community members are eager to know the number of SHIB that will be incinerated monthly via…
University researchers have unveiled an academic paper elaborating on the relationship between the return and liquidity of XRP and five other top-ranking cryptocurrencies. These are researchers affiliated with HSBC Lab, China, and the School of Business and Management at Hong Kong University of Science and Technology, Hong Kong SAR, China. The report highlighted the intricacies…
The XRP community and Ripple CEO have called on Attorney Deaton to accept the challenge to unseat anti-crypto senator Elizabeth Warren. Members of the crypto community, especially XRP enthusiasts, have reacted to a recent Politico report about anti-crypto lawmaker Elizabeth Warren. According to the report, Politico noted that no popular figure from the Republican party…
As the wait for the first spot of Bitcoin ETFs in the United States continues, an industry leader is leaning towards approval not coming this month. The possible launch of spot Bitcoin ETFs in the U.S. has arguably been the biggest talking point in the crypto industry for the past few months. While the most…
Although the price of Shiba Inu (SHIB) has struggled in recent months, popular predictions forecast the cryptocurrency will eventually surpass $0.03. One of the biggest performers of the 2021 bull market, Shiba Inu made many early investors millionaires and was arguably the most popular token at the time. However, the cryptocurrency has struggled to return…
Legendary market analyst, John Bollinger has shared a bullish forecast for Bitcoin (BTC) price, as he believes the coin is on track to break “higher” from the current level. After a tumultuous week, Bitcoin price is experiencing a recovery, jumping 2.60% in the past 24 hours to $43,795.96 at press time. Bitcoin’s market capitalization has…
Members of the XRP community have unearthed historical statements from Ripple’s CTO, in which he asserted that the value proposition of XRP closely aligns with that of Bitcoin. These remarks date back to a 2018 discussion with Ari Paul, the founder of BlockTower Capital. Paul challenged the perceived value proposition of XRP, particularly in the…
Fox journalist Eleanor Terrett recently hinted at a possible investigation of an earlier proposal suggesting the Federal Reserve could buy back XRP at $30,000 per token. Terrett disclosed this while responding to Digital Asset Investor, a pseudonymous XRP community figure. Notably, Jimmy Vallee, Managing Director at Valhill Capital, recently asked former Ethereum advisor Steven Nerayoff…
In a recent post, market analyst EGRAG made a compelling case for XRP potential to experience a significant surge, projecting a 40x increase from cycle low to $11. EGRAG drew parallels with the last market cycle, highlighting that despite the SEC lawsuit’s overhang, XRP managed to surge nearly 20x. Notably, in the previous cycle, XRP…
Shiba Inu has unveiled its 2024 goal. The Shiba Inu ecosystem team has taken to the X platform to unveil its goal for the year 2024. In an X post yesterday, the team behind the crypto project stated that its 2024 goal is to “Make Shibarium great.” However, the tweet did not highlight how the…