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Shiba Inu’s layer-2 blockchain solution, Shibarium, has recently hit over 6 million processed blocks, showcasing a significant resurgence in activity. These metrics, such as active accounts and daily transactions, have been on the rise, indicating a positive trend in the network’s performance. However, it is important to note that these numbers are still below the
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Investing in meme coins has proven to be extremely profitable for some traders, with one individual buying 170.2 billion PEPE coins last October and selling them in July for $1.97 million. This resulted in a profit of $1.77 million, showcasing the potential for significant returns in the meme coin market. Other examples include a trader
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Recent on-chain insights have revealed that Bitcoin miner capitulation may have come to an end, signaling a potential recovery phase for the network. The Glassnode Hash Ribbon indicator, which measures BTC’s hash rate, has shown a positive cross where the 60-day ribbon falls below the 30-day ribbon. This shift indicates that Bitcoin miners are returning
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Ferrari, the renowned Italian luxury sports car manufacturer, has recently announced its plans to expand its cryptocurrency payment system to its network of European dealers starting from the end of July. This expansion is part of the company’s broader strategy to make crypto transaction options available in more countries within its global dealership network by
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