Shiba Inu's token burn rate has experienced an unprecedented surge, with 9 billion tokens intentionally removed. Simultaneously, whale activity in large transactions has spiked by 1,300%. The project's ambitious move towards acquiring the .shib TLD aims to revolutionize internet engagement. Despite these developments, SHIB's current price shows a marginal decline.
SanyaSEC Chair and fervent crypto critic Gary Gensler issued a second warning about the risks of cryptocurrency investments within 24 hours.
ZoeyBitcoin experienced an 8% decline, losing $400 million in a two-hour liquidation amid concerns of SEC rejecting ETF applications. Matrixport remains cautious, anticipating rejections in January. Market volatility impacted by crypto stock weakness, triggering a $2 billion open interest reduction.
Sanya
Coinlive Huobi Token (HT) appears to be in a vulnerable state as it continues to deal with the drama that is happening within the Huobi cryptocurrency exchange.
BitcoinistThe SOL price has dumped to its lowest point since March 2021.
BeincryptoLUNC is currently trading at $0.000317, increasing a little over 4.38% in the last 24 hours.
FinboldETH is recording a dramatic drop in the number of new addresses created per day, signaling a possible price correction.
FinboldThe Vasil upgrade, which significantly improves and enhances Cardano's capabilities, is now a little under 24 hours away from deployment.
OthersNow-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to a proof-of-stake (PoS) consensus mechanism.
Coindesk