U.Today has prepared the top four news stories over the past weekend.
Shiba Inu burn rate spikes 190%
The Shiba Inu cryptocurrency can pride itself on two major milestones reached last week. First, according to the Shibburn data, the burn rate of the Dogecoin rival increased by 189.16% on Thursday, June 2. At that time, Shiba Inu supporters destroyed a total of 141,010,050 tokens, which took merely six transactions. The second milestone concerns the number of SHIB holders. According to another blockchain data platform, WhaleStats, the SHIB holder count has demonstrated growth to 1,198,132 holders. However, in this regard, Shiba Inu trails another meme coin, BabyDoge, which counts 1.5 million holders.
Bitcoin to $12,000? Here’s what Peter Brandt has to say
Veteran trader Peter Brandt has responded to a prediction by Cheds, a pseudonymous cryptocurrency trader and analyst, which states that Bitcoin could plunge to as low as $12,000. If that is the case, Brandt said, it would be the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...