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DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates

Maker Mkr

In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent changes. Over the past few weeks, MakerDAO has implemented significant updates to the protocol and the DAI stablecoin.  Introducing the Accelerated…

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Crypto Analyst Predicts Shiba Inu Price Will Reach $0.0001 If This Happens

Shiba Inu

A crypto analyst has raised the possibility of Shiba Inu (SHIB) rising to as high as $0.0001. As part of his analysis, he highlighted certain factors that could contribute to the meme coin experiencing this parabolic price surge.  Shiba Inu To Rise To $0.0001 If History Repeats Itself Crypto analyst Bunchhieng suggested in his analysis…

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Analyst Predicts Solana (SOL) Bounce Amid Network Congestion Problems

Solana

Solana (SOL) faced difficulties the past week after the network’s transaction failure rate reached over 75%. Since then, Solana’s core contributors have been working to find the congestion problems. SOL’s price tumbled 7.8%, and users seemed worried about the network’s state. Despite this, some analysts predict a more optimistic performance for SOL soon. Is Solana…

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Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters

Bitcoin News

The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s history. Decrypting Bitcoin’s Mining Complexity Notably, Bitcoin mining difficulty measures miners’ complexity in solving mathematical puzzles to validate…

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters Read More »

XRP Sees An Alarming 1,800% Surge In Liquidations, Whats Going On?

Xrp

XRP has witnessed an alarming amount of liquidations in the last 24 hours. This has no doubt caused concerns in the XRP community, considering the impact that the derivatives market has on a crypto’s price.  $1.32 Million XRP Positions Get Liquidated  Data from Coinglass shows that $1.32 million has been liquidated from the XRP market…

XRP Sees An Alarming 1,800% Surge In Liquidations, Whats Going On? Read More »

Bitcoin “Looks Healthy” After 2 Months, Backs BTC To Rally Above $74,000

Bitcoin News

Bitcoin, one analyst notes on X, is looking healthy for the first time since the coin soared to over $70,000, printing all-time highs back in March 2024. The assessment is due to funding rates dropping to within ordinary levels, an indicator that volatility is also falling and moments of fear of missing out (FOMO) are fading. …

Bitcoin “Looks Healthy” After 2 Months, Backs BTC To Rally Above $74,000 Read More »

Analysts Bullish on Bitcoin: Set Next Target At $82,000

Bitcoin

Once again, the price of Bitcoin rose bullishly, breaking through the $70,000 barrier, demonstrating strength for an upward movement. Bitcoin At $82,000 Remains The Target Following the recent recovery observed today, Crypto Jelle, a popular cryptocurrency expert and Bitcoin enthusiast, has made a bullish forecast for the crypto asset, citing the $82,000 level in the…

Analysts Bullish on Bitcoin: Set Next Target At $82,000 Read More »

Shiba Inu Surpasses 4 Million Addresses, Ignites Frenzy

Shiba Inu

Shiba Inu has achieved a significant milestone by surpassing 4 million addresses. This feat marks a historic moment for the token, symbolizing its growing popularity within the digital asset community. Analysis of address metrics on Glassnode reveals a steady uptrend in Shiba Inu’s address count over the past few months, culminating in this impressive milestone.…

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What to expect after the Bitcoin Halving: a look at post-halving performance

Bitcoin

The Bitcoin Halving is almost here, bringing about the most significant event in the Cryptocurrency market ever. Each event has had a dramatic impact on supply, demand, and price appreciation post-halving. But with Bitcoin price already setting a new all-time high before the halving for the first time ever, how might this change post-halving performance?…

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