Tag: Rate

What is the Bitcoin hash rate? And why is at all-time highs?

Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price has fallen Overall, a high hash rate implies a healthy and more secure Bitcoin network   […]

Bitcoin retreats below $18k as Fed raises interest rate to a 15-year high

Bitcoin has dropped below the $18k once again following its rally earlier this week. The Federal Reserve raised interest rates by half a point a few hours ago. The total crypto market cap continues to stay above $800 billion. Federal Reserve raises interest rate once again The Federal Reserve announced on Wednesday that it had […]

Shiba Inu Burn Rate Skyrockets Over 14,000% As Price Recovers

Shiba Inu (SHIB) recently experienced a sharp increase in burn rate with very few tokens burned. The SHIB Burn tracker shows that over the previous 24 hours, the burn rate of the Shiba Inu increased by 14,267.59%. The increase occurs even though there haven’t been many tokens burned. Around 14.07 million tokens were transferred to dead […]

Shiba Inu Burn Rate Spikes 14,267%, Price Recovers

Wahid Pessarlay Shiba Inu’s burn rate massively recovers in the past 24 hours Shiba Inu (SHIB) just saw a massive burn rate spike while not many tokens were burned. According to the SHIB Burn tracker, Shiba Inu’s burn rate rose by 14,267.59% in the past 24 hours. Source: SHIB BURN The spike comes while the […]

SHIB prepares to eat one zero after burn rate jumps up 1,494%

Shiba Inu burn rate is up 1,494% after a massive burn of 147.5 million SHIB over the past week.  SHIB burn rate has steadily declined, weekly burn in October is similar to the daily burn in the month of August 2022.  A new Shiba Inu whale scooped up 3.36 trillion SHIB in a single transaction.  […]

Shiba Inu Burn Rate Has Just Spiked By An Impressive 1,860%

Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by […]