A Shiba Inu ($SHIB) rival and a popular meme-inspired cryptocurrency, Floki Inu ($FLOKI), has recently become the most purchased token among the 500 largest whales on the $BNB chain after the project proposed a massive token burn. According to data from whale monitoring service WhaleStats, the 500 largest whales on the $BNB chain are holding onto an average of $4.9 […]

Blockchain data shows that out of the top meme-inspired cryptocurrencies, Dogecoin ($DOGE) and Shiba Inu ($SHIB), the majority of investors in the latter are still underwater, while the majority of investors in the former are in a state of profit. According to data from blockchain analytics firm IntoTheBlock, first spotted by Daily Hodl, around 63% of Dogecoin holders are still […]

The price of Litecoin ($LTC) has surged nearly 90% since early November, with the movement seemingly being supported by so-called Litecoin ‘sharks,’ or large addresses that have been heavily accumulating the cryptocurrency. According to on-chain analytics firm Santiment, Litecoin’s rally was supported by addresses holdings between 100 and 10,000 $LTC, or between $9,470 and $947,000 at the time of writing, […]

The world’s “longest-running crypto exchange” Bitstamp has started supporting EUR-backed IOUs on the $XRP Ledger in a move that brings “secure, cost-effective” transactions in the fiat currency to the ledger. According to a blog post, Bitstamp published its customers can now take advantage of the $XRP Ledger, which has near instant settlement times and negligible transaction fees, to transfer EUR across […]

The price of Cardano ($ADA) has “formed a crucial support area” at a price in which nearly 92,000 addresses have purchased around 4.4 billion tokens, at the time of writing worth over $1.6 billion. According to popular cryptocurrency analyst Ali Martinez, the cryptocurrency now has a “crucial” support area between $0.365 and $0.376 over the demand wall, and now has […]

Threshold Network’s native token, $T, has seen its price surge over 200% in just 30 days in an astounding rise that has seen it outperform top cryptocurrencies, including Bitcoin ($BTC) and Ethereum ($ETH). The network is the result of an on-chain merger between two existing networks, NU and KEEP, and is a decentralized bridging protocol that enhances privacy on public […]

Leading cryptocurrency exchange Binance has acknowledged that it mistakenly kept the collateral for some of its B-Tokens, which represent tokenized versions of various cryptocurrencies on the $BNB Chain, in the same wallet as the exchange users’ funds. According to a recently published Bloomberg report, the reserves for nearly half of the 94 Binance-peg tokens that the exchange issues are currently […]

The Cardano ($ADA) network is getting its first automotive project in the near future, with initial operations launching in Sri Lanka. The project was unveiled at the World Economic Forum in Davos and focuses on the use of electric vehicles, eTukTuks. According to CityAM, the project comes after several other attempts to launch two and three-wheeler electric vehicles at scale […]

The partnership between the meme-inspired cryptocurrency Shiba Inu ($SHIB) and the North American luxury brand Bugatti Group involved the minting of non-fungible tokens (NFTs) in a “special event” in which the Bugatti Group hosted a “mint party and space” dedicated to Shiboshis. According to an account associated with the meme-inspired cryptocurrency, the special mint collection “sold out in the first […]