Shiba Inu (SHIB) is on shaky ground after a massive exchange hack earlier this week. But can SHIB rebound, or is the token headed for further declines? Meanwhile, newcomer Shiba Shootout (SHIBASHOOT) is performing well in its presale phase – leaving investors wondering if it could post bigger gains than SHIB this year. SHIB Price…
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed by customers of the same bank. The Allure of Fireblocks Integration The South African cryptocurrency trading platform Luno…
The SHIB price plunged earlier today, losing about 7% of its value at one point. It has since managed to erase some of the losses, but the tension remains as the entire market is currently in a state of decline. The Main Reason Behind Shiba Inu’s Decline Today Earlier today, the leading cryptocurrency exchange in…
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Toncoin. Ethereum (ETH) Ethereum had a good week after closing with a 12% price increase. This impressive recovery came after the whole market rallied, which allowed ETH to turn $3,300 into key support. With a new base now secured, buyers can…
Tornado Cash, the “crypto-mixing” protocol, has experienced a resurgence in 2024 after a significant decline in activity following the U.S. government’s sanctions two years ago. The sanctions, imposed by the Office of Foreign Assets Control (OFAC) in August 2022, initially led to a drop in monthly deposits to Tornado Cash, with activity plunging by more…
TLDR Greece plans to introduce a tax framework for cryptocurrencies and digital assets by January 2025 A special committee will present findings on cryptocurrencies to the Ministry of National Economy and Finance by September 2024 Profits from crypto and digital asset trades are expected to be taxed as capital gains at a 15% rate Currently,…
The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $1 million to support the campaign of pro-crypto candidate John Deaton in the state of Massachusetts. Both stated that their goal with this donation is to help Deaton beat Sen. Elizabeth Warren, who has an anti-crypto stance. On X, Tyler explained…
The cryptocurrency market is currently in a correction as it seems that the bulls are taking a breather following their rally from the past few days. This has caused the total capitalization to drop to around $2.45 trillion, losing roughly $40 billion in the past 24 hours. Bitcoin’s price is also declining, alongside most of…
K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions, proudly announces the successful launch of its validator on the Shiba Inu Layer 2 (L2) mainnet. Concurrently, the DAO introduces its KNINE token on the Shibarium blockchain, leveraging the official ShibaSwap platform for liquidity and trading. Integrating K9 Finance DAO’s…
After XRP rallied by almost 70% from its recent lows, the price entered into a pullback. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Pullback in Progress This week, XRP nearly reached 64 cents during its rally before sellers returned to put a stop to it. This quickly turned into a pullback which is…