Crypto News

The latest news and events in the crypto market

FTX Hack

FTX Hack Sees Over $500 Million In User Assets Drained From Wallets

The defunct cryptocurrency exchange FTX said on Saturday that it was looking into “unauthorized transactions” made from its accounts, a day after declaring bankruptcy. According to crypto analysts, $515 million in suspicious transfers may have been the consequence of an FTX hack or theft. John J. Ray III, FTX’s newly appointed CEO, noted in a …

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DOGE and SHIB

Big Tumble – DOGE & SHIB Experiencing Correction, What’s Next?

That was quick. After a week of rally work both DOGE and SHIB are now down by a significant percentage (-15% and -9% respectively) in less than 24 hours. Of course, we were expecting that, but definitely not so quickly. The memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) have now tumbled, raising many questions about …

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can dogecoin reach $1 dollar

Dogecoin (DOGE) Price Soars Following Elon Musk Acquisition Of Twitter

The cryptocurrency known as Dogecoin, named after a popular dog joke that went viral in 2013, has increased by 35% since Monday as Elon Musk’s acquisition of Twitter nears completion. The token’s price often follows the CEO of Tesla’s remarks as they are made. Since Wednesday, when the CEO of SpaceX changed his Twitter profile …

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crypto market recovery

Crypto Market Recovery: Why Is The Crypto Market Going Up?

The price of Bitcoin surpassed $20,000 for the first time in ages, Ethereum surged beyond $1,500 for the first time ever since post-merge turmoil and the whole market surpassed $1 trillion after three weeks below that threshold. These price increases indicate a crypto market recovery in the industry. According to statistics from CoinGecko, the price …

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shiba inu drop

Shiba Inu (SHIB) Drops Below $0.000010, Adding Another Comma

Without question, Shiba Inu Coin (SHIB) is a cryptocurrency that transitioned from being a memecoin to a real candidate for a top 10 spot (by market cap) spot. The project has been aggressively seeking to grow this year, as is generally known. In reality, Shiba Inu would have supplanted Dogecoin as the “first memecoin” by …

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shiba inu metaverse

Shiba Inu Metaverse Update & Concept Art: How Will It Affect SHIB

The core team behind Shiba Inu and the development team of the Shiberse (Shiba Inu Metaverse) revealed some spicy news about their work on the 25th of October. Aside from the fact that we now know the official website for all things Shiberse, the developers behind the project did not release a lot of new …

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Ripple Director Resignation

Ripple Director Of Engineering Announces Resignation – How Will It Affect The Price?

Nik Bougalis, the director of engineering at Ripple Labs, is leaving the company after almost ten years and is the newest executive to leave the crypto industry. In a tweet on October 22, Bougalis stated, “My decade-long journey at Ripple has been a fantastic (if exhausting and all-consuming) one. I got to work on a …

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Polkadot CEO Resignation

Polkadot Price Tumbles After Gavin Wood Resignation As CEO Of Parity Technologies

Polkadot’s co-founder announced on October 21 that he would be stepping down from his position as CEO of Parity Technologies- the company behind the popular crypto project Polkadot. Wood, who was also a founding member of Ethereum, contributed to raising the prominence of the Polkadot platform, which enables communication across several blockchains. The DOT coin …

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Ethereum Whale Shiba Inu

This Is What Whales Are Doing To Protect Their Investments During The Crypto Winter

Data from WhaleStats made it known that major Ethereum whale investors are aggressively acquiring PAXG and Shiba Inu, the crypto gold. Due to the surge in interest, PAXG has surpassed stablecoins and Ethereum itself to take third place in the portfolio of the top 100 ETH whales. As a result, this investment group’s portfolio contains …

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shiba inu down another comma

Shiba Inu (SHIB) Down Another Comma. This Spells Trouble

On the 20th of October, 2022, Shiba Inu (SHIB) is now down another comma after losing the battle to the psychological price evaluation of $0.000010 and fell down to about $0.0000097. Since then, the price has recovered back to $0.00001001, but this could spell trouble in the near future for Shiba Inu (SHIB). SHIB lost …

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