In fact, there were speculations that someone at Coinbase issued the meme coin due to the use of Coinbase staked Ether (cbETH) to fund the same. According to Crypto Twitter user @matrixthesun: “The coin itself seems to have been deployed by a whale who has connections to a large supply of $cbETH. $cbETH is the Coinbase variant of staked ETH. […]

Popular cryptocurrency analyst Dan Gambardello has recently revealed that he expects the price of the smart contract platform Cardano ($ADA) to “absolutely explode going into the next bull market” based on the growth of its decentralized finance (DeFi) ecosystem. In a post Gambardello shared with his over 240,000 followers on the microblogging platform X, he revealed that Ethereum ($ETH), the […]

The developers behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) have recently rolled out the beta version of the Shibarium bridge, an eagerly awaited test phase that allows the public to give the layer-2 scaling solution a try. The announcement of this milestone was made recently by an influential figure within the community and has been greeted with excitement by the […]

The native token of the XRP Ledger, $XRP, has seen a sharp rise in investor engagement as open interest has recently hit a high that hadn’t been seen since the fall of 2021. Data shows that open interest topped $1.2 billion earlier this week. This surge in open interest—signifying the sum total of outstanding futures contracts that are yet to […]

DOGE became one of the top gainers today after Elon Musk rebranded Twitter as X.  The meme token gained as much as 10%, topping a two-month high of $0.077.  The demand for Dogecoin increased after Musk briefly displayed its dog-themed logo in his Twitter bio.  Traders also rushed to invest in multiple namesake tokens leading to triple-digit gains.  Dogecoin (DOGE) […]

A popular pseudonymous cryptocurrency analyst known as Altcoin Sherpa has recently made a confident Dogecoin ($DOGE) price prediction, revealing he believes the meme-inspired cryptocurrency is set to see its value rise over 600%. In a series of tweets sent to their nearly 200,000 followers on the microblogging platform Twitter, Sherpa highlighted he believes DOGE can reclaim the $0.50 mark, representing […]

A recent report from fintech giant Ripple has shed light on the increasing role of cryptocurrencies and blockchain technology in cross-border payments, projecting that by 2027, the value of this sector will reach a staggering $250 trillion. The global payments industry has been undergoing a significant transformation, with a growing emphasis on user experience and modern interfaces to meet the […]

The native test network of Shiba Inu’s layer-2 Shibarium, fondly called Puppynet, has recorded an impressive tally of over 30 million transactions, emanating from an estimated 17 million wallets. This notable achievement signals the network’s steady march towards a broader release slated for the forthcoming months. Puppynet is Shibarium’s testnet, meaning a blockchain network tailored for testing that serves as […]

After the landmark ruling in the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) that set the cryptocurrency community abuzz, in which a federal Judge in New York determined that XRP is “not necessarily a security on its face,” $XRP short sellers have dealt with over $63 million in liquidations. A remarkable 87,224 traders saw their […]