Shiba Inu (SHIB), the world’s second-largest meme coin, is poised for a price recovery due to bullish price action and an impressive 24-hour burn rate. Data from the SHIB burn tracker recently revealed in a post on X (formerly Twitter) that the meme coin’s burn rate has surged by a staggering 4,137.17%, with 31,556,987 SHIB tokens burned in the past 24 hours.HOURLY SHIB UPDATE$SHIB Price: $0.00001441 (1hr 0.69% ▲ | 24hr 2.04% ▲ )Market Cap: $8,501,425,207 (2.06% ▲)Total Supply: 589,255,346,351,380TOKENS BURNTPast 24Hrs: 31,556,987 (4137.17% ▲)Past 7 Days: 142,062,714 (50.8% ▲)— Shibburn (@shibburn) February 27, 2025 Shiba Inu (SHIB) Price MomentumThis…
Author: cryphedge
New York, USA, February 28th, 2025, Chainwire OORT, the trailblazer in the decentralized AI era, is proud to initiate and launch HumanAIx, a global alliance for decentralized protocols to join hands and build a better AI infrastructure. seeks to advance the AI landscape through shared knowledge, interoperable frameworks, and secure AI solutions. Founding members of HumanAIx include: OORT, Neo, Storj, Oasis Protocol, YGG, io.net, XYO, AI.KIDO, DeTaSECURE, Unyt, Holo, Valdi, Supermoon. As AI advances rapidly, the three core pillars of AI development—compute, storage, and data—continue to face significant challenges including high costs, energy consumption, scalability limitations, and centralization, which restrict…
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector of the crypto market often fueled by speculation and internet culture.In a Feb. 27 staff statement, the SEC emphasized that memecoins, which are typically inspired by online trends and lack substantial utility, do not meet the definition of an “investment contract” under the Howey test — a legal standard used to determine whether a transaction qualifies as a security.The statement highlighted that memecoin transactions do not involve pooled investor funds or managerial…
AI meme crypto market has grown to a market cap of $2.4 billion, and iDEGEN is set to take its rightful position on the table. After three months in the presale stage, it has hit the public shelves with the same viral momentum. Its early adopters are set to continue reaping big from the project as the uncensored AI agent revolutionizes the crypto space. In addition to the 300,000% gains already locked in, its value may surge by at least 10X in coming months. This is despite the selling pressure current felt across the crypto majors. Ripple price chart pattern…
As markets reel from Bybit’s $1.45 billion hack and Dogecoin price slides to $0.21, traders seek alternatives with clearer growth trajectories. Enter DTX Exchange, a hybrid platform now in its bonus presale stage, surging 800% since January, and targets a listing price that is 2x its current presale price. With DOGE struggling to regain momentum, this emerging contender combines blockchain transparency and multi-asset trading—mirroring the conditions that fueled meme coin mania in 2021. DTX Soars to $0.18 in Bonus Stage–Is More Growth Ahead? The DTX Exchange’s presale momentum continues to defy expectations, with its token surging 800% since its initial…
Today, February 27, 2025, ADA, the native token of the Cardano blockchain, appears to be confirming its bearish outlook due to recent whale activity and the bearish price action it has formed on the daily timeframe.Cardano (ADA) Current Price Momentum During the Asian trading session, ADA experienced an upside rally, seemingly attempting a recovery, but later plummeted, once again falling below the crucial support level of $0.65.ADA is currently trading near $0.65 and has experienced a modest price drop of 0.85% in the past 24 hours. However, during the same period, its trading volume declined by 5.5%, indicating lower participation from…
The US Securities and Exchange Commission (SEC) has agreed in principle to dismiss its securities enforcement case against Consensys, according to a Feb. 27 statement.Once final approvals are secured, the SEC will file a stipulation with the court to formally close the case. The resolution follows Consensys’ commitment to contest the allegations.Consensys CEO Joseph Lubin said the dismissal, which is still pending final approvals, concludes the dispute. He added that the decision to challenge the agency was a broader effort to support blockchain software developers and protect innovation within the crypto industry.Lubin said:“No company wants to be the target of agency…
At the moment, XRP is trading at $2.2138 following a modest 0.71% gain in the last 24 hours. This slight uptick suggests that buyers have stepped in after a recent period of consolidation, though overall market sentiment remains cautious. As with many cryptocurrencies, XRP is subject to rapid fluctuations influenced by both technical factors and broader market conditions. Understanding these technical aspects is crucial for anticipating short-term movements. XRP Price Analysis Recent trading data shows that XRP finds robust support around the $2.20 level. This zone has historically acted as a floor during previous corrections, where accumulated buying interest has…
Over the last 24 hours, the price of Hbar has been witnessing a recovery rally toward $0.2, flashing a surge of around 1.5%. It briefly reached a high of $0.2021 as buyers increased domination. Additionally, Hedera’s trading volume has dropped 19.4% in the last 24 hours, reaching $400 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the recent hack in Bybit pushed the price toward $0.2. Consequently, its market capitalization has grown by…
UK legislators are advancing a new bill designed to enhance law enforcement’s ability to confiscate crypto linked to criminal activities.The Crime and Policing Bill is currently being reviewed in the House of Commons and is at its second reading stage.The proposed law tackles several criminal justice concerns, including public order offenses, terrorism, sexual crimes, and economic fraud.Meanwhile, a major highlight is its focus on crypto asset recovery, ensuring that law enforcement agencies have the legal backing to seize illicit digital assets and return them to victims.This legislation builds on previous that granted authorities the power to freeze and seize crypto. However,…
