What a whirlwind of a week in the world of cryptocurrencies! From the sensational surge in SHIB burn rate to ponderings on the future of Bitcoin, it was all happening. This round-up brings you the highlights of the exciting world of digital currencies.
Shiba Inu Burn Rate Skyrockets: The Shiba Inu token (CRYPTO: SHIB) experienced an impressive increase in its burn rate last Wednesday, surging by a whopping 1000% in just 24 hours. This happened after a jaw-dropping 164 million tokens were permanently removed from circulation. According to data from Etherscan, two previously inactive cryptocurrency wallets received substantial withdrawals from crypto exchanges Binance and MEXC. This indicates the arrival of new Shiba Inu whales holding over $500,000 in SHIB. Read the full article here.
Robert Kiyosaki Questions Bitcoin’s Future: Robert Kiyosaki, the author of “Rich Dad Poor Dad,” pondered the future of Bitcoin (CRYPTO: BTC) and the U.S. Dollar, following Citibank’s announcement of a new blockchain technology service. Kiyosaki’s comments on X (formerly Twitter) expressed concerns about the potential impact of Citibank’s blockchain technology on Bitcoin and ...