• Floki Inu, a meme coin birthed by fans and the SHIB community, has seen tremendous performance over the past few hours after its governing DAO issued an important developmental proposal. • The proposal called for the burning of an enormous number of its circulating tokens, which caused a massive price increase of 25%. • …
Read more “Floki Inu Soars 25% After Burning $55M in Tokens, Promising Future Ahead”
• Robinhood, the crypto and stock trading platform, has begun rolling out its Robinhood Wallet to its over one million users on the waitlist. • The wallet will support over 50 cryptocurrencies, including Shiba Inu, ETH, Solana (SOL), and USDC, as well as allowing users to transfer and swap assets. • There are reportedly no …
Read more “Robinhood Wallet Launches, Over 50 Cryptos Now Supported”
• 13% more of the Bitcoin supply has gone back into the green as BTC has broken past the $18,200 level. • Data from on-chain analytics firm Glassnode shows the “percent supply in profit” is currently at 60.5%. • The “percent supply in profit” is an indicator that measures the percentage of the total circulating …
Read more “Over 13% of Bitcoin Supply is in Profit, Glassnode Data Shows”
• Tim Draper has predicted that the price of Bitcoin will reach $250,000 by 2023. • Professor Carol Alexander has predicted that Bitcoin will reach $50,000 by late 2023. • Both Draper and Alexander expect a managed bull market in the year 2023. The digital asset Bitcoin has seen a lot of volatility in the …
Read more “Bitcoin Price Predictions for 2023: Tim Draper and Carol Alexander Weigh In”
• Morocco is currently drafting a crypto law to protect crypto investors from the risks of the nascent industry. • The regulatory framework will be presented to stakeholders soon, as the Central Bank has completed writing the document. • Bank Al-Maghrib, the Moroccan Capital Markets Authority, the Insurance Supervisory Authority, and the American Council on …
Read more “Morocco Drafts Crypto Law to Protect Investors and Stimulate Economy”