Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News The Shiba Inu burn rate has increased by 1,088.66% in the past 24 hours due to a single transaction burning 98,136 SHIB tokens, equivalent to $1.34 in value. Despite this spike, the overall burn rate has declined over the week, … Read more
Down Big: Crypto Scamming Numbers Reduced In 2023 In 2023, the crypto market faced challenges at the beginning of the year but saw a recovery with increased bullish sentiment. There was a decrease in crypto scamming and illicit activity, with a significant drop in value received in cryptocurrency addresses used for illicit activities. The report … Read more
Despite hitting a 21-month high above $45,000 in January, historical data shows that bitcoin has not seen positive returns in the month. Only twice in the past five years has the cryptocurrency gained in January. On Wednesday, it dropped 8% to trade at around $42,000. However, there’s potential for a rally if a spot bitcoin … Read more
Solana Price Breakout: SOL Rally To $55 Already Programmed? Solana (SOL) has seen a significant increase in value, prompting expectations of a potential downside. However, one crypto analyst believes that a breakout for the altcoin is imminent. Babenski predicts that SOL will reach $55, while another analyst, Alan Santana, predicts a price as high as … Read more
