A total of 1 billion Shiba Inu ($SHIB) have been burned over the last 24-hour period, sending the meme-inspired cryptocurrency’s burn rate up over 12,000%. Over the last few days, well over 2.2 billion tokens have been burned. According to data from Shiba Inu burn tracking platform Shibburn 1.04 billion SHIB were burned over the last 24-hour period, meaning the […]

ApeCoin, the governance token of the popular non-fungible token (NFT) collection Bored Ape Yacht Club, has recently become the most traded token among the largest whales on the Ethereum ($ETH) network, with Shiba Inu and FTX’s $FTT remaining as top holdings. According to data shared from whale monitoring service WhaleStats, APE became the most traded token among Ethereum whales shortly […]

The host of popular crypto analysis and market commentary show Coin Bureau says that Ethereum competitor Fantom ($FTM) has fundamentals that are still looking “extremely strong.”  Here is a little introduction by the Fantom team to this exciting crypto project: “Fantom is a high-performance, scalable, and secure smart-contract platform. It is designed to overcome the limitations of previous generation blockchain platforms. Fantom […]

On Friday (March 18), crypto investment firm Pantera Capital CEO and Co-CIO Dan Morehead shared his thoughts on the crypto market. Morehead’s comments were made while he was being interviewed by Matt Miller on Bloomberg TV. With regard to the Bitcoin price, Morehead said: “Basically, Econ 101: supply and demand. Every two years, 10 times more people use cryptocurrency than they did […]

Digital asset investment firm CoinShares has announced the launch of a new physically-backed exchange-traded product (ETP) tracking the price of Cardano ($ADA), The ETP is designed to share the rewards of staking the cryptocurrency with investors. As reported by ETF Stream, the CoinShares Physical Staked Cardano ETP (CSDA) is listed on the Deutsche Boerse with a total expense ratio of […]

Mustafa Elitas, Deputy Chairman of the AK Party Group and Turkey’s Minister of Economy, has reportedly met with members of the Turkish Shiba Inu ($SHIB) community to discuss the adoption of the meme-inspired cryptocurrency in the country. According to a tweet shared by the country’s SHIB community, later applauded by Shiba Inu lead developer Shytoshi Kusama, Turkey’s Minister of Economy […]

Bain Capital, an asset manager with $155 billion in assets, has launched a $560 million dedicated cryptocurrency fund to “support the renegades and pioneers building the next generation of internet infrastructure.” According to an announcement, Bain Capital’s new fund, Bain Capital Crypto, is designed to invest in and support those building on the cryptocurrency and Web 3.0 ecosystems “from seed […]

Leading digital payments platform Wirex, which has over 4.5 million users and allows them to spend dozens of currencies at more than 80 million locations worldwide, has added support for the meme-inspired cryptocurrency Shiba Inu ($SHIB) along with Terra’s $LUNA other tokens. According to an announcement the firm made, these two cryptocurrencies were listed at the same time as Cosmo’s […]