Tag: Altcoin News

Shiba Inu Holders Are Trying To Support Prices Through A Crash, Here’s How

Shiba Inu (SHIB) is trading under tremendous price pressure since the last week. Despite many announcements for the development of the Shiba Inu ecosystem, SHIB’s price has not shown any such positive movement. This has inspired efforts to support prices, particularly through the SHIB burning portal. The token’s burn rate more than doubled in the […]

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DeFi Protocol Lido Finance Hits A Whopping $19.52 Billion In TLV

Lido Finance, a liquid staking solution for ETH 2.0, has emerged as the DeFi protocol with the highest trading volume, according to data from TVL aggregator for DeFi, DeFiLama. LidoFinance’s trading volume hit $19.52 billion, as 7-days consecutive value remains bullish. Lido Finance Unseats Curve to achieve this feat At the time of this report, […]

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Here’s How South Korea Is Preparing To Become Next Crypto Hub

South Korea is working towards a new regulatory framework for digital currencies. This is coming after Yoon Suk-yeol, the South Korean President elect, made room for Initial coin offerings (ICOs), as one of the many things it will give approval to. South Korean President Elect Yoon has big plans for Crypto The ICO approval is […]

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Monero (XMR) To Protect Miners’ Interest By Introducing Tail Emission In 30 Days

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days. Tail Emission, as the name suggests, is a “minimum subsidy” “to keep fees reasonable, ensure a lower bound of network security, and […]

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Terra Buys Another $1.5 Billion Worth of Bitcoins, Stablecoin TerraUSD Enters Top Ten List

The Luna Foundation Guard, the parent organization behind the Terra blockchain, has purchased another $1.5 billion in Bitcoins. The recent purchase comes when Bitcoin (BTC) is down by 5% at press time and trading at around $37,000. The latest BTC purchase brings the Luna Foundation Guard closer to its goal of acquiring $10 billion worth […]

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Shib Whales Snag 143 Billion Shib Despite Asset’s Recent Dip

Ethereum whale investors have been relentlessly buying up Shiba Inu (SHIB) regardless of its price direction. Per WhaleStats’ data, a single ETH whale bought 143 billion (worth approximately $3.2 million) SHIB tokens recently. ETH whales continue accumulating SHIB The whale wallet named “BlueWhale0073” is ranked 272 among the over 5000 most valuable ETH wallets the […]

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