In the ever-evolving cryptocurrency world, astonishing success stories aren’t uncommon, even if these successes come from seemingly risky behavior. Crypto enthusiasts have recently been rewarded with a five-figure airdrop that capture the community’s attention, after pasting their wallet addresses on a Twitter post. Late last month a user going by WSBMod, with over 266,000 followers, posted a request for people […]

Justin Sun transferred 56 million TUSD to Binance earlier today.  The transaction was flagged by the crypto community who accused Sun of farming today’s SUI airdrop.  Binance CEO Changpeng Zhao warned Sun against using the whale transfer to farm SUI by staking the TUSD.  The Tron founder has issued an apology to Zhao for the misunderstanding over the whale transaction.  […]

While the stablecoin sector of the cryptocurrency space rapidly grew in the past, it has now been declining for 13 consecutive months, while Tether’s USDT stablecoin has kept on dominating it. It’s now near a new all-time high in its market capitalization, with TUSD gaining market share on Binance thanks to zero-fee trading. According to CCData’s latest Stablecoins & CBDCs […]

David Schwartz, Ripple’s Chief Technology Officer, recently took to Twitter to share his thoughts on investing in $XRP within an Automated Market Maker (AMM), while responding to an inquiry about the portion of his XRP holdings he would allocate to an AMM post-launch. An Automated Market Maker, it’s worth noting, is a type of decentralized exchange that allows users to […]

The once-strong correlation between Bitcoin and Ether returns has reportedly begun to weaken, creating new opportunities and challenges for investors. Coinbase Institutional, in their recent research report “Lower BTC vs ETH correlation,” highlights a falling correlation between Bitcoin and Ether returns since mid-to-late March. The report’s authors say that this decline became more pronounced after the Shanghai (Shapella) fork and […]

The Shiba Inu community has burned around 9 million $SHIB tokens from circulation over the last 24-hour period in a move that is helping reduce the meme-inspired cryptocurrency’s circulating supply, in a bid to help its value grow by reducing available supply. According to data from SHIB burn tracker Shibburn, the SHIB burn rate has jumped by over 3,500% when […]

The Cardano-powered algorithmic stablecoin Djed ($DJED)  has recently achieved a significant milestone after seeing its total tokens in circulation surpass the 4 million mark, with 4.2 million now in circulation. Djed is an overcollateralized stablecoin that relies on Cardano’s native blockchain token, ADA, and employs SHEN as a reserve coin. With a reserve ratio of 380%, Djed offers an enhanced […]

Cardano ($ADA) has approached a technical indicator that could see its price surge significantly in the near future, at a time in which cryptocurrency market sentiment has been improving and prices have started rising. According to cryptocurrency analyst Ali Martinez, Cardano is on the verge of confirming a head and shoulders pattern, a charting formation that he says could lead […]