Author: WebDesk

Shiba Inu’s price is not recovering in the charts as the token is not dependent on burns, but is overly dependent on them. SHIB has too much reliance on sending the tokens to the dead wallet, and the dependency has stalled its growth.For the uninformed, Shiba Inu has over 589 trillion tokens in circulation. There are so many tokens, and removing them from circulation seems to be a herculean task. Shibarium was tasked to do the job, but it is clearly failing in executing its core mission.The activity on the Shibarium network is on a decline after the $4.1 million…

Ted Hisokawa Dec 03, 2025 09:09 Aptos shows oversold RSI at 30.03 with analyst targets ranging $1.60-$2.26. Technical analysis suggests potential bounce to $2.60-$2.90 range before testing major resistance. APT Price Prediction: Technical Bounce Expected from Oversold Levels Aptos (APT) is currently trading at $2.02 after a recent 5.77% daily gain, showing signs of potential stabilization following a significant decline from its 52-week high of $6.14. With multiple technical indicators flashing oversold signals, our APT price prediction suggests a tactical bounce is likely in the coming weeks, though the broader trend remains challenged.…

Join Our Telegram channel to stay up to date on breaking news coverage A group of ten banks are planning on launching a euro-pegged stablecoin that is compliant with the European Union’s Markets in Crypto-Assets (MiCA) framework. In a recent notice, BNP Paribas said that it would join nine other banks based in the EU to launch the stablecoin “in the second half of 2026.” The stablecoin will be launched through an Amsterdam-based entity called Qivalis.  The launch will, however, be subject to regulatory approval.  🇪🇺 BREAKING: Ten major EU banks are teaming up to launch a euro-pegged stablecoin by…

Join Our Telegram channel to stay up to date on breaking news coverage Kalshi has raised $1 billion at an $11 billion valuation as CNN has announced that it will integrate the prediction market’s data across its news coverage.  That’s as competition in the prediction markets space heats up, particularly in the US, while the digital asset space as a whole benefits from the pro-crypto stance adopted by President Donald Trump and his administration. Kalshi Closes Billion-Dollar Funding Round Confirming an earlier report by TechCrunch, Kalshi said in a recent statement that it closed a $1 billion Series E round…

XRP remains in muddy waters as its price risks falling below the $2 range. The Ripple’s native token came close to $2.05 this week but rebounded in value, touching $2.20 on Wednesday. It dramatically spiked nearly 9% in the day’s trade and rewarded traders who took an entry position during the dip. So, where will the leading altcoin head from here? Will it fall below the $2 range by the end of the year, or will it soar above $2.50? In this article, we will explain whether you need to buy more XRP, sell, or hold on to your tokens.Also…

Cardano (ADA) has opened December under pressure, dropping more than 7% in the past week as broader market sentiment weakens and macroeconomic uncertainty rises. Related Reading ADA is now trading near $0.38–$0.4, testing key support levels and extending a month-long downtrend that has erased recent gains. ADA’s price gains some small gains on the daily chart. Source: ADAUSD on Tradingview Macroeconomic Pressure and Market Sentiment Weigh on ADA The latest decline comes amid renewed concerns over global interest rate policy. Comments from Bank of Japan Governor Kazuo Ueda signaled the possibility of a rate hike, a shift that could unwind…

Join Our Telegram channel to stay up to date on breaking news coverage The second-largest bank in the US, Bank of America, has recommended a 1% to 4% Bitcoin allocation to its wealth management clients through Merrill, Bank of America Private Bank and Merrill Edge platforms. “For investors with a strong interest in thematic innovation and comfort with elevated volatility, a modest allocation of 1% to 4% in digital assets could be appropriate,” said Bank of America chief investment officer Chris Hyzy in a statement to Yahoo Finance.  Bank Of America Clients Will Have Access To Four Bitcoin ETFs In…

Coinbase accelerated its global crypto footprint in November, unveiling new lending tools, fresh onchain features, and broader international access that signal expanding momentum across retail, institutional, and developer markets. Coinbase Details Broad November Expansion Across Products and Regions Crypto exchange Coinbase (Nasdaq: COIN) shared on social media platform X on Dec. 2 that it advanced […] Credit: Source link

Lawrence Jengar Dec 03, 2025 01:07 OpenAI collaborates with Foxconn to design and manufacture next-gen AI infrastructure in the U.S., focusing on data center systems, supply chain optimization, and local component manufacturing. OpenAI has announced a strategic partnership with Foxconn to advance the design and manufacturing of next-generation artificial intelligence (AI) infrastructure hardware in the United States. The collaboration aims to bolster the U.S. supply chain and expedite the deployment of advanced AI systems, according to OpenAI. Focus on AI Infrastructure This collaboration will target three primary areas: the design of multi-generational data…

The Solana price develops a double bottom reversal pattern at $125 support. A 7.3% drop in Solana futures open interest suggests a cooling phase from speculative positioning, implying that the current rally is being driven more by spot demand and on-chain participation. The Solana network recorded a 3% bounce in active addresses, suggesting renewed user engagement. SOL, the native cryptocurrency of the Solana blockchain, recorded a double-digit gain of 11.8% on Tuesday to trade at $139.2. The buying pressure is spread across the broader crypto market as Bitcoin jumps over 8% following the end of quantitative tightening by the U.S.…