The latest SHIB burn rate data has once again sparked noteworthy bullishness surrounding the renowned dog-themed meme token, Shiba Inu. The token’s burn rate witnessed a whopping 2200% uptick on Thursday, amid reports of a potential rally in the asset’s price ahead. For context, recent on-chain metrics sparks optimism with investors anticipating a parabolic rally…

Asset manager Bitwise Invest is the latest to submit its documents for filing spot Solana ETF. With this filing, Bitwise is now in a race with other market players like VanEck and Canary Capital to bring the SOL ETFs to the market. The filing comes at a time when the SOL price is just 10%…

XRP price has surged past the $1 mark, marking a significant milestone since November 2021. The cryptocurrency’s value has doubled within a week, driven by a broader market rally that has reignited investor interest. This impressive performance highlights XRP as a key player in the ongoing resurgence across the crypto sector. However, experts are urging…

Bitcoin spot and futures ETFs remain blocked in South Korea, with financial authorities maintaining strict regulatory controls over cryptocurrency-related investment products. In a move that has raised eyebrows, the Financial Supervisory Service (FSS) has also barred the launch of ETFs that invest in companies tied to virtual assets, including major global firms such as Coinbase.…

Cardano founder Charles Hoskinson has endorsed Coinbase CEO Brian Armstrong for the reported White House crypto role Donald Trump is considering. Hoskinson explained why he believes Armstrong is the “only one” candidate who stands out in the crypto industry for this role. Cardano Founder Endorses Brian Armstrong For White House Crypto Role In an X…

BitClave investors have started receiving $4.6 million in repayments from the U.S. Securities and Exchange Commission (SEC), following a settlement reached in 2020. The SEC announced on Nov. 20 that payments from the BitClave Fair Fund had been disbursed to eligible investors harmed during the company’s 2017 initial coin offering (ICO). Pro-XRP lawyer and online…

The United States Securities and Exchange Commission (US SEC) has further delayed its decision on Franklin Templeton’s Bitcoin and Ethereum index ETF. From the filing made on November 20, 2024, it has been agreed that the decision on the proposal will be made on January 6, 2025 to afford the regulating authority ample time to…

The Cardano price has surged more than 8% to an intraday high of $0.837. This bullish momentum is supported by a combination of rising on-chain activity and technical indicators pointing to further potential gains. On-chain data reveals that ADA’s daily trading volume has hit a seven-month high of $52.26 billion, while whale transactions have reached…

The United States Department of Justice (DOJ) has charged five individuals in connection with a crypto hacking scheme that allegedly stole $6.3 million in cryptocurrency and breached sensitive corporate data. The charges, announced on Wednesday, stem from a multi-year phishing and hacking operation that targeted employees of major tech firms, telecommunication companies, and cryptocurrency platforms.…

Shiba Inu (SHIB) price, a popular meme coin, has recently captured significant attention with a remarkable 30% price surge over the past month. Despite brief market corrections, SHIB’s robust momentum signals strong potential for sustained growth in 2024. Market sentiment remains optimistic, highlighting key trends and opportunities for investors. This surge underscores SHIB’s evolving position…