SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives
Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases.…
Cosmos proposal to cap ATOM inflation rate at 10% passed
The Cosmos Hub community has approved a proposal capping ATOM’s maximum inflation rate at 10% Per the proposal, validators can still break even or turn profits at 10% inflation Reducing…
Chancer presale at the $2M mark as expectations of Fed’s rate pause boosts Bitcoin
Chancer has raised $1.99 million in a presale The presale could benefit from improved crypto sentiment as BTC recovers to $27K Chancer carries a more than 10x gain in the…
Shiba Inu burn rate up 800%: 1.8 billion SHIB tokens burned
The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22.3% over the last seven days almost erasing all…
BTC/GBP and GBP/USD diverge after the BoE rate decision
The Bank of England delivered another interest rate hike. The BTC/GBP and GBP/USD pair diverged after the report. It has formed a bullish flag pattern on the daily chart. The…
Chancer presale catches the eye as Fed resumes rate hikes
Fed is expected to announce a 0.25% rate hike after its two-day meeting on Wednesday. Stocks and cyptocurrencies have traded largely flat or lower amid investor anxiety over next moves…
Slovakia to reduce crypto income tax rate: will more countries follow suit?
Key takeaways Slovakian lawmakers have voted in favour of reducing cryptocurrency income tax in the country. The move could see more cryptocurrency investors in the country and could benefit the…
Bitcoin network hash rate hit a record high in May
Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0% last month. Bitcoin may have…
MakerDAO proposal eyes new DAI savings rate of 3.33%
MakerDAO is considering a proposal to raise the Dai savings rate (DSR). This follows the last change that saw DSR increase to 1%, attracting over 35 million DAI deposits in…
AltSignals (ASI) outlook strengthens as Fed signals rate pause
AltSignals (ASI) token sale continues as crypto is poised to react higher. This follows hints by the US Federal Reserve of pausing interest rate hikes. ASI token could also benefit…