The price of Shiba Inu (SHIB) increased over 10% in a day amid broader upside moves across meme cryptocurrencies in the past 24 hours. But will SHIB price rally further SHIB price tails Dogecoin’s gains On April 4, SHIB’s price reached $0.00001159 a day after rebounding from its local low of $0.00001049 — a 10.5%
Altcoin
After being robbed of $196 million in a flash loan attack, Euler Finance convinced its hacker within 25 days to return most of the funds. The outcome was a result of numerous to and fro, which eventually led the hacker to do “the right thing.” On March 13, the Euler Finance hacker carried out multiple
Bitcoin’s (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until the end of the year. Some analysts expect this move to tighten supply, resulting in higher prices at the pump. That may in turn
Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in
The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the European stock markets closed the
The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181. Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in the U.S. dollar market.
Bitcoin’s dominance over the crypto market, which represents its share of market capitalization relative to the total cryptocurrency market capitalization, rose steeply from around 44% to highs of 48% in March. While Bitcoin’s price increased by 22.7% during the month, most altcoins yielded subpar or negative returns. However, there were some outliers which showed a
Elon Musk and his lawyers reportedly requested a United States judge to dismiss the $258 billion lawsuit filed by investors who alleged that he operated a pyramid scheme to promote the cryptocurrency Dogecoin (DOGE). According to an April 1 Reuters report, Elon Musk’s lawyers referred to the lawsuit filed by Dogecoin investors, a “fanciful work
Data from the Personal Consumption Expenditures (PCE) index showed an uptick of 0.3% in February, which lower than the 0.5% increase seen in January. Economists had projected a rise of 0.4% and the PCE data suggests that inflation is gradually showing a decreasing trend. Risky assets rallied in response to the data and some analysts
The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried and his collapsed ventures FTX and Alameda Research. But so far in 2023, things have improved for the SOL price. Solana price doubles in Q1/2023 Solana’s price has risen 104% to around $20.60 per SOL
The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdrawal requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus Securities and Exchange Commission according
The Ethereum Foundation has announced April 12 as the date of deployment of the much-anticipated Shanghai and Capella upgrade, together dubbed as Shapella. The upgrades will enable withdrawals from Ethereum 2.0 staking contracts. The staking contract was first launched in December 2020. It only accepted one-way deposits of ETH, which will change after the upgrade.
In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers
Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption. The trading platform explained in a March 29 statement that Australia would be a key growth market for the firm moving forward. The firm states
The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth. Arbitrum ecosystem tokens sees sell-the-news type event
The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks. Polygon price fractal The cues for a bullish Arbitrum token could be traced back to its Ethereum L2
Navigating the ever-volatile terrain of the crypto market remains one of the most difficult jobs for traders — but much less so for members of the Cointelegraph Markets Pro community. With an institutional-grade crypto intelligence platform at their service, Cointelegraph Markets Pro subscribers have been able to spot significant price movements for crypto assets before
With the rise of Ordinals on Bitcoin (BTC) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion surrounding decentralized storage coins. Decentralized storage protocols Filecoin (FIL) and Arweave (AR) show similar price action, leaving investors with a
BNB (BNB) looks set to wipe out its March gains entirely as investors turn their attention to the latest regulatory crackdown on Binance, the world’s leading crypto exchange by volume. BNB price logs worst daily performance in over a month On March 27, the U.S. Commodity Futures Trading Commission sued Binance and its chief executive
Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay. The request for an emergency stay was granted by Judge Jennifer Rearden of the U.S. District Court in New York on March 27, meaning the potential deal between
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