Here’s How Much Shiba Inu (SHIB) and Ripple (XRP) Binance Currently Holds
TL;DR Binance’s latest Proof-of-Reserve (PoR) report verifies that it maintains a 1:1 coverage for all users’ assets, with significant holdings in SHIB, BTC, and XRP. The PoR system, introduced post-FTX…
$300M Liquidated Amid BTC’s Rollecoaster After the US CPI Announcement
The impact of US Consumer Price Index (CPI) reports on Bitcoin and cryptocurrency prices had lessened in the past few months. However, this pattern shifted unexpectedly today. Following an unexpectedly…
Coincu Marks Cheelee As The Top SocialFi Projects Of 2024
Based on Coincu’s perspective, the brief video platform Cheelee disrupts the SocialFi sector by merging the Decentralized-to-End (D2E) strategy, game elements, and social media features in an intelligent feed. Users…
USDT Weekly Transaction Volume on Tron 2x Higher Than on Ethereum: ITB
In the first week of April, the weekly trading volume for Tether (USDT) on the Tron network reached an astounding $110 billion, indicating a significant increase in the use of…
New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says
New Zealand should regulate the crypto sector in a way that supports the growth of the industry, Minister of Commerce Andrew Bayly said. An inquiry by a lawmaker committee found…
U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
The Consumer Price Index (CPI) for March showed an increase that was greater than expected, leading to doubts about the possibility of a Federal Reserve interest rate reduction during the…
Staking Provider P2P Launches Staking-as-a-Business for Institutions
P2P.org, a staking service provider, announced the launch of its Staking-as-a-Business (SaaB) solution designed specifically for institutions. This new offering allows platforms such as exchanges, digital wallets, and custodians to…
Bitcoin’s Drop Below $69K Sparks Initial Panic, But Hope Emerges for Rebound: Data
The unpredictable Bitcoin market caused a momentary drop in price, dipping just under $69,000. This sudden shift ignited fear among investors and traders. Based on the data, it’s possible that…
Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of the previous halving in May 2020. The shift likely stems…
Major Gains for Shiba Inu (SHIB) Price Soon? Analyst Chips In
TL;DR Shiba Inu (SHIB) experienced a recent price drop, but analysts predict a potential bullish trend due to critical resistance levels being tested. Optimism for a rally is supported by…