Crypto Bits

3 Reasons Why the Shiba Inu (SHIB) Price Might Rally Soon

3 Reasons Why the Shiba Inu (SHIB) Price Might Rally Soon

TL;DR SHIB’s price has recorded only a 1% daily increase, but some essential factors hint that the resurgence has yet to start. The burn rate has skyrocketed by over 8,000%, while the weekly exchange netflow signals a reduced immediate selling pressure. New Bull Run Incoming? The cryptocurrency market has witnessed a substantial revival in the […]

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Why Is PI Token’s Price Down Today as Market Rebounds?

Why Is PI Token’s Price Down Today as Market Rebounds?

TL;DR The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours. However, there are a few exceptions, and Pi Network’s native token is among them, with another 6% slide. Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for the

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Binance Traders Are All-In on Ripple (XRP): Should You Be Worried?

Binance Traders Are All-In on Ripple (XRP): Should You Be Worried?

TL;DR Binance traders hopping on the XRP bandwagon have been highly bullish with their positions lately, perhaps driven by the conclusion of Ripple’s legal case against the SEC. However, is too much positive sentiment around a volatile cryptocurrency necessary good news for it? Popular crypto analyst Ali Martinez outlined earlier today the substantial change in

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PI Token Is Tanking – But Can This New Pi Network Partnership Turn Things Around?

PI Token Is Tanking – But Can This New Pi Network Partnership Turn Things Around?

TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours – can it stop the substantial correction that pushed its price below $1? Recall that

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Ripple (XRP) News March 19th: Here’s What Happened

Ripple (XRP) News March 19th: Here’s What Happened

The past 48 hours saw quite a few interesting developments, and in the following section, we will summarize the most important Ripple (XRP) news from that period. Ripple Mints $25 Million Worth of RLUSD As CryptoPotato reported, Ripple minted a whopping 15% of RLUSD’s total supply (roughly $25 million coins) in one go earlier this week. This

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Ripple v. SEC Lawsuit Speculation: Can This Key Development Lead to a Resolution?

Ripple v. SEC Lawsuit Speculation: Can This Key Development Lead to a Resolution?

TL;DR XRP supporters hope Paul Atkins’ eventual SEC leadership will bring a favorable resolution for the Ripple case, given his pro-crypto stance in the past. One legal expert predicts a settlement before April 16, while ongoing uncertainty continues to weigh on XRP’s price, currently down 33% from its local high. The New Chairman Might Soon

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