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Shiba Inu (SHIB) has held firm above the $0.000008 psychological threshold amid sustained consolidation, with the protocol’s burn rate recently witnessing a massive 913% spike in 24 hours. SHIB’s current position demonstrates the dull but steady trend within the broader crypto market. Notably, the market has remained in an elaborate consolidation
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John Galt, Head of Strategy at Stride, recently revealed that the Interchain Foundation (ICF) holds a significant 1.6% stake in Celestia (TIA), currently valued at $70 million, in addition to its $125 million holdings in Cosmos (ATOM). This revelation sheds light on the ICF’s extensive holdings amid its decision to back
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Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago. What is eye catching is the unwavering strength of BTC derivatives, which signals that bulls remain steadfast with their intentions.An
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Uniswap, a decentralized exchange built on Ethereum, has seen its governance token, UNI, rally over the past 24 hours. UNI climbed over 15%, outperforming the rest of the crypto market. There's no clear reason for the jump, but it could have something to do with the proposal submitted by StableLab
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Chainlink has registered some drawdown and has recently retested the $14 level. Here’s what might happen if support holds at this mark. On-Chain
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On November 20, an SEC memorandum revealed a meeting involving Grayscale CEO Michael Sonnenshein, legal chief Craig Salm, ETF head Dave LaValle, four other executives, and five representatives from the Davis Polk law firm. The discussions centered on NYSE Arca, Inc.’s proposed rule amendment to list and trade shares of
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Ethereum price corrected lower and tested the $1,935 support. ETH is likely forming a double-bottom and might start a decent increase. Ethereum reacted
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Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it
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CME’s rise to the top suggests increasing institutional interest as the platform is a favorite among large traditional financial institutions. The Chicago Mercantile Exchange (CME) has surpassed Binance as the exchange with the largest Bitcoin futures open interest (OI) for only the second time in history. The first time was over two
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The U.S. Federal Reserve needs to regulate and enforce the law against stablecoin issuers, said Federal Reserve Vice Chairman for Supervision Michael Barr, making the federal-oversight argument that has been the major sticking point as the U.S. House of Representatives debates legislation.Republican lawmakers have leaned into a state-oversight route for
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