The meme-based Shiba Inu (SHIB) project, which operates on the Ethereum blockchain, has been working on solving Ethereum’s limitations, including slow transaction speeds and high costs. This solution is Shibarium, a layer two blockchain, and it’s gearing up for its mainnet launch. Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu project, shared insights on the progress of Shibarium […]

Many traders and technicians closely follow the well-known “Golden Cross” moving average crossover in key liquid markets such as Bitcoin, Gold, and the Nasdaq 100 Index among others. Today, however, we’ll examine an under-the-radar Bitcoin moving average crossover which looks imminent. Using Bitcoin’s reliable data from 2011 through today, let’s find out if this lesser known moving average crossover looks […]

Shytoshi Kusama, the lead developer behind Shiba Inu, has provided a glimpse into the highly anticipated launch of Shibarium, a layer-2 protocol within the Shiba Inu ecosystem, sparking excitement and speculation among the community. Over the weekend, Lucie, the content marketer for Shiba Inu, took to Twitter to share a discussion in a Telegram group chat, where Kusama was asked about […]

As crypto prices remain at lower levels, venture capital (VC) funding also recorded one of its worst quarters since 2021. Despite this, executives in the space remain optimistic about the industry’s long-term potential.  Crypto data platform RootData highlighted that the second quarter of 2023 delivered one of the worst performances in terms of crypto fundraising. Compared with the first quarter […]

Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other tax benefits for digital assets holders passed through a preliminary reading in the country’s parliament, the Knesset, on June 5. The bill would also level up crypto bonuses with stock options for employees by reducing […]

In recent news, the cryptocurrency market has been abuzz with developments surrounding Binance.US and Coinbase. Binance.US, a leading cryptocurrency exchange in the United States, has faced a significant decline in market share due to an ongoing regulatory lawsuit. On the other hand, Coinbase, another prominent exchange, has witnessed an increase in its market share.  Binance.US’s Market Share Decline Binance.US, the […]

Binance has lost more than 10% of its market share since the beginning of 2023.  Rival exchanges like Bybit and OKX have absorbed the freed-up market share.  Meanwhile, the market share of the American arm of the crypto exchange has sunk below 1%.  Regulatory crackdowns and the lawsuit by the SEC have been blamed for the tanking market share.  The […]

Shiba Inu (SHIB), a cryptocurrency that originated from the well-known Shiba Inu dog meme, has been making its mark in the digital currency world since its launch on the Ethereum blockchain in 2020. The Shiba Inu cryptocurrency project, rooted in the popular Shiba Inu dog meme, presents itself as a rival to Dogecoin and runs on the Ethereum blockchain. The […]