SHIB Burners Reduce Supply as Shibarium Grows: Price Impact?
Shiba Inu community continues to reduce the circulating supply of SHIB by burning tokens on a daily basis. The SHIB burn rate has surged by 111% in the last 24 hours. Meanwhile, Shibarium reached over 3.5 million transactions. Read more about the latest developments in Shiba Inu and its ecosystem below. The Shiba Inu community […]
RLB Rises 10% amid Slotober: Is GambleFi Ready for Breakout?
In October, Rollbit (RLB), the main GambleFi token, rose 10%, breaking resistance levels and gaining more users. The Slotober promotion, which rewards and challenges gamers, is helping the token. The Slotober promotion, which rewards and challenges gamers, is helping the token. Rollbit is expanding its ecosystem with RLB buys and burns and more holders. Rollbit […]
GBTC Discount Hits Two-Year Low as SEC Skips Appeal
The GBTC discount to NAV has dropped below 16% for the first time since December 2021, as the SEC fails to appeal against the recent Grayscale ruling. The court will now likely instruct the SEC to re-evaluate Grayscale’s application to convert its GBTC product to a spot bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) discount […]
Will ARB Continue to Attract Whales After Chainlink CCIP Launch?
ARB, the native token of Arbitrum, a leading Ethereum layer 2 scaling solution, has seen strong support from large cryptocurrency holders, who have been buying and holding the token despite a recent market downturn. The launch of Chainlink CCIP and the introduction of a feature to protect against impermanent loss have also boosted the network’s […]
Will Stellar Price Rebound or Fall Further Amid FTX Liquidation?
Stellar (XLM) price has been on a downward trend since July, reaching a low of $0.105 in August. The price has failed to sustain a breakout from a descending resistance line and is facing a strong resistance at $0.130. The technical indicators are mixed, suggesting that the price could go either way. Meanwhile, the FTX […]