Shiba Inu L2 Shibarium Crosses 4 Million Transactions As Burn Rate Explodes
Shibarium, the Shiba Inu layer-2 solution, recently reached a new milestone in the past few days, crossing the 4 million total transaction
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SHIB holds steady above $0.000008, burn rate spikes 913% in 24 hours
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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CF Benchmarks Introduces ETH Staking Reward Rate
According to the announcement, the inaugural CF ETH Staking Reward Rate will have four initial SSP contributors which include Kiln, Staked, Figment, and Blockdaemon. In response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate, CF Benchmarks has unveiled the CF ETH Staking Reward Rate
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Shiba Inu Burn Rate Skyrockets Close To 500,000% in 24 Hours
Shiba Inu (SHIB), an Ethereum-based altcoin has recently garnered the attention of the cryptocurrency community and investors as the token’s burn rate
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Deutsche Bank Economists Expect US Recession to Prompt 175 Basis Points in Fed Rate Cuts in 2024
Economists at Deutsche Bank foresee 175 basis points in rate cuts in 2024. According to economists at Deutsche Bank, already in the first half of 2024, the Fed (Federal Reserve) is likely to cut rates quite aggressively. The new report suggests that we will see 175 basis points in rate cuts
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BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?BTC price action has held higher after spiking above $38,000 last week, but since then, a testing "micro-range" has left bulls and bears locked in battle.Whether a deeper retracement will come or
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Fed Gives No Hints of Future Rate Cuts, Wall Street Remains Cautious
Fed Chair Jerome Powell said that the FOMC is not thinking of rate cuts at all amid their continued fight against inflation. The FOMC members have hinted deceleration in economic growth during he fourth quarter this year. During their latest meeting, Federal Reserve (Fed) officials indicated a reluctance to reduce
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Bitcoin miner Phoenix Group’s $370m IPO overwhelms with massive subscription rate
Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital. In a statement released this week, Phoenix Group revealed the IPO, initiated on the Abu Dhabi Securities Exchange (ADX), witnessed an
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Shiba Inu Sees A Whopping 48,000% Increase In SHIB Burn Rate
The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price
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Shiba Inu Burn Rate Crashes 98.79% With Less Than 1 Million tokens Burned
The majority of cryptocurrencies have started to turn green in terms of their price movement, which has led to Shiba Inu seeing
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