Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges
The highly-anticipated Shibarium layer-2 network is having problems with its bridge contract. Approximately $1.7 million worth of Ethereum is currently stuck on the bridge contract. Shibarium launch was expected to add some impetus to the price of SHIB but that has not happened. The much-hyped layer-2 network of Shiba Inu, Shibarium, is having significant problems […]
Bitcoin could go higher but ‘not before it goes lower’
Rob Ginsberg says Bitcoin could go further down in the near-term. The Wolfe Research analyst explained why in a research note today. Bitcoin (BTC) has already lost more than 11% in about a month. Bitcoin has already lost more than 11% in about a month but a Wolfe Research analyst says a further price decline […]
Binance announces Serum, Sonm and DFI.money delisting
The Binance news saw all three altcoins nosedive double-digits. Serum (SRM) was down 29%, Sonm (SNM) shed 58% and DFI.money (YFII) declined by 16% in 24 hours. Trading on all pairs for the tokens will end on August 22, 2023. Serum (SRM), Sonm (SNM) and DFI.money (YFII) are among the biggest losers in the crypto […]
Recently listed Bitcoin Depot reports record revenue for its Q2
Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally on Monday. Bitcoin Depot Inc says its revenue jumped 18% to a record $197.5 million in the second quarter. The stock is still only marginally […]
Nearly $2M raised amid investor interest
Shiba Memu presale is closing in on $2 million mark, with nearly $1.9 million already raised. Interest in the AI-powered crypto meme coin has soared in recent weeks. Early investors into the project could benefit from potential long term gains. Few crypto projects currently boost the amount of attention that Shiba Memu, a new meme […]
CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. CleanSpark Q3 financial highlights Lost $14.2 million versus […]
Taraxa (TARA) price up 800% this past week: What’s next?
Taraxa (TARA) has pumped more than 35% in the past 24 hours. TARA, native to the BlockDAG-powered smart contracts platform, has outperformed by over 800% in the past one week. Taraxa (TARA) is one of the trending cryptocurrencies today, with its price hitting intraday highs of $0.014 on Wednesday. The outperformance seen on the day […]
Will inflation data push it higher?
Key takeaways Bitcoin has been trading below the $30k level in recent days, but favourable inflation data could push it higher. Chancer’s stage two presale is now close to the $1.2 million mark. The cryptocurrency market has been choppy over the past few weeks, with prices of most coins stuck within certain regions. BTC has […]
Akash Network price jumps 12% to $0.70: What next for AKT?
Akash Network price was up 12% in the past 24 hours. The AKT/USD pair reached highs near $0.70, and needs to flip the hurdle into support to strengthen upside momentum. Hype around AI and cloud computing could add to the bullish outlook. Akash Network, a decentralized marketplace for cloud computing, has seen the price of […]
Why is Hedera (HBAR) trending?
The Hedera (HBAR) token price has increased by 16% over the past week. Hedera (HBAR) recently announced a strategic partnership with FreshSupplyCoAu to integrate with the Continuity API. The integration allows Hedera users to access Mastercard Payment Gateway Services (MPGS). The Hedera (HBAR) has been trending within the crypto circles for its consistent price rally […]