XRP Options Market Ignites on ETF Hopes
The XRP options market is ablaze with activity, fueled by rampant speculation of an imminent XRP ETF approval. Traders are pouring millions into call options, particularly the $1.10 strike price expiring on August 28. This aggressive bullish stance suggests a strong belief in XRP’s potential to surge if an ETF green light is flashed. Deribit’s […]
Shiba Inu Struggles: Price Under Pressure
Shiba Inu’s price is currently locked in a battle against resistance at $0.00001400. Support lies at the crucial $0.00001200 level. A potential 17% drop looms before a possible rebound, according to market analysts. Shibarium Upgrade Ignites Burn Rate, Price Stalls A recent network upgrade, Shibarium, has sent Shiba Inu’s burn rate soaring. This development injected […]
PlayFi to Launch Genesis Node Sale Early After 70K Transactions in One Week
New York City, New York, 12th August 2024, Chainwire
XRP: A Sudden Surge Amidst Ripple IPO Rumors
The XRP market experienced a seismic shift last week as investment in exchange-traded products (ETPs) linked to the cryptocurrency surged by a staggering 175%. CoinShares, the industry watchdog, reported the astonishing figure, igniting speculation across the crypto sphere. The momentum carried over into this week, with an additional $700,000 flowing into XRP-related investment vehicles. This […]
Zeus Network Launches Final Testnet, 15K Wallets Connected in 72 Hours
New York, New York, 12th August 2024, Chainwire
Shiba Inu Burn Rate Surges: Is a Bullish Turn Imminent?
Shiba Inu (SHIB), the second-largest meme coin, recently saw a dramatic surge in its burn rate, noted by @RoundtableSpace on X (formerly Twitter). This increase led to a slight rise in SHIB’s price. However, SHIB has been on a downward trend, mirroring the broader cryptocurrency market decline. Burn Rate Soars, Price Sees Temporary Surge According […]
SHIB’s Transformation: From Meme Coin to Crypto Powerhouse
Shiba Inu (SHIB) is quickly becoming essential to the cryptocurrency ecosystem, as highlighted by NowPayments. The platform recently stressed the benefits of accepting SHIB, portraying it as more than just a meme coin—a full-fledged movement. NowPayments’ position reflects the growing focus on SHIB, particularly after the launch of Shibarium. This development has significantly increased the […]
XRP Whale Activity Sparks 3.9% Price Drop Following Major Transfer
The crypto community is buzzing after a significant XRP transfer on the XRPL network, with speculations mounting. On August 11, 2024, at 15:04:10 UTC, a staggering 104,156,546 XRP, valued at approximately $59,019,563, moved between unknown wallets. Whale Alert, a prominent crypto whale tracking service, flagged this massive transaction. Ripple Effect on XRP Price Following the […]