U.Today provides you with an overview of the past day’s crypto events with the top four news stories.
Shiba Inu burn rate spikes 250% after massive 312 billion SHIB whale purchase
Shiba Inu’s burn rate saw a massive spike following the surprising increase in trading volume on a SHIB whale address that purchased more than 300 billion meme coins. According to Shibburn service, 170 million SHIB tokens have been burned, which is a 250% increase since Tuesday, Aug. 9. The rising number of burned coins correlates with SHIB’s price growth on the market; in the last 50 days, the value of the meme crypto increased by more than 50%. As a result, a significant number of retail whales returned to purchasing huge amounts of Shiba Inu tokens, which could have caused the most recent price spike.
Ripple executives explain situation around XRP blocked in Ripple escrow account
Yesterday, an XRP enthusiast started a Twitter discussion by asking all Ripple executives whether the XRP locked up in...
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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...