Shibarium, a layer-2 blockchain solution built on the Ethereum network, has been making waves in the crypto world since its inception. Designed specifically to support the Shiba Inu ecosystem, the protocol has set out to revolutionize transaction costs, speed, and scalability. With over 418 million transactions processed and several key upgrades under its belt, Shibarium
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In a recent operation led by the Federal Financial Supervisory Authority (BaFin) in Germany, a nationwide crackdown on unlicensed crypto ATMs resulted in the seizure of nearly 250,000 euros ($279,000) in cash and 13 machines. This initiative was part of a larger effort to enhance regulatory oversight within the rapidly expanding cryptocurrency sector in the
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Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, with a specialization in content creation and reporting. His journey in the industry began with writing on various topics, but he quickly transitioned into focusing on the complexities of blockchains and digital assets. Semilore’s passion for the efficiency of digital assets in storing
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Bitcoin’s price surged by $5,000 in a single day, reaching $65,000 for the first time since early August. One of the key factors behind this sudden surge seems to be linked to the actions of the US Federal Reserve. Over the past few years, Bitcoin’s price has been closely intertwined with the economic policies of
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The historical on-chain data regarding Bitcoin demand has shown a correlation with price recoveries and rallies in the past. However, the current market situation paints a different picture. Recent findings from CryptoQuant reveal that Bitcoin demand has significantly slowed down since early April. This decrease in demand is reflected in the daily growth rate of
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Opeyemi is not just a casual observer in the world of cryptocurrency. He is truly passionate about the industry and has dedicated himself to unraveling its complexities. While some may see analyzing price charts as a tedious task, Opeyemi finds it fascinating. What sets him apart is his ability to connect price movements to on-chain
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Ripple, a prominent player in the cryptocurrency industry, has recently announced its plans to launch a stablecoin called Ripple USD (RLUSD). The stablecoin is set to be available on both the XRP Ledger and Ethereum, with the aim of creating a bridge between the world of cryptocurrencies and traditional finance. In a recent development, Ripple
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The price of Bitcoin has been experiencing a lot of fluctuations recently, with the bulls currently in control, pushing the price above $61,000 after reclaiming the $60K level. However, weekends tend to have lower trading volume, which can lead to increased volatility in the market. When trading volume is low, it becomes easier to manipulate
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