Shiba Inu (SHIB) is one of the most popular memecoins in the cryptocurrency market. Ranked among the top 20 most valuable cryptocurrencies, SHIB has earned the attention of millions of investors. Currently, there are a total of 1,366,587 Ethereum addresses holding SHIB, an ERC-20 token. These addresses hold 999.98 trillion tokens, of which a burn address keeps 41% and, therefore, ...
After a prolonged “crypto winter” with multiple calamities like the collapse of FTX in 2022, and sustained regulatory pressure throughout last year, the crypto market finally apparently shook off much of the downward pressure in the final quarter of 2023. XRP was one of the biggest gainers among prominent cryptocurrencies and has risen approximately 85% throughout the year. This was ...
Bitcoin (BTC) has reached a new multi-year high at $45,922 on January 2, 2024. Following its leadership, some cryptocurrencies have been trading at higher prices. While most people wait for strong price action to deploy capital into a given cryptocurrency, smart money avoids trading overextended speculative assets as part of a good risk management strategy. Notably, investors can find cryptocurrencies ...
Ripple has around 45.90 billion XRP, which is currently locked in escrows and not part of the token’s circulating supply. On January 1, Ripple unlocked 1 billion XRP, valued at $630 million, keeping 20% of the total. Each month, Ripple unlocks another 1 billion tokens. The company often retains only a fraction of it for its treasury, frequently selling the ...
With the start of 2024 bringing gains to most cryptocurrency assets, Shiba Inu (SHIB) is no exception. It continues to experience earnings, which may prompt investors to wonder where its price will end up by the end of January. Given these recent yields, Finbold employed CoinCodex to leverage its AI-driven machine-learning algorithms to gauge its price for the end of ...
2023 marked a pivotal moment in the security dynamics of Web3, highlighting advancements in resilience alongside enduring challenges. Despite this, the Web3 sector continued to experience cyberattacks, resulting in losses surpassing $1.7 billion in 2023, encompassing around 453 reported incidents, according to a report from Salus shared with Finbold on January 2. These incidents, despite being less than the figures ...
As 2024 begins, many assets in the cryptocurrency sector are trading in the green zone, including Bitcoin (BTC), which has continued its move to the upside, although artificial intelligence (AI) and machine learning algorithms are not bullish on its price for the end of this year’s first month. Indeed, the advanced AI price prediction algorithms over at the crypto market ...
After altcoins took a breather in the final weeks of December 2023, cryptocurrencies other than Bitcoin (BTC) entered 2024 with renewed optimism and currently represent a great investment for the start of the new year, some more than others, and some still available at the low price threshold below $1. Indeed, “the hype is getting back” in the crypto markets, ...
With the first month of 2024 beginning, most assets in the cryptocurrency sector are entering the new year with renewed optimism, recording price increases across the sector, and crypto traders and investors are wondering which of them is the best to invest in January. In this context, Finbold has analyzed the crypto market to deliver a list of three digital ...
As the beginning of the new year brings renewed optimism and a reset of the trader’s sentiment, this period might provide a potential opportunity for traders to seek out potential investments. XRP (XRP), ranked the sixth-largest cryptocurrency by market capitalization, emerges as a top pick for investment. During this period, market trends often exhibit a bullish sentiment, influenced by factors ...
