• The proposed launch of Shibarium has improved sentiment towards SHIB, a meme cryptocurrency. • SHIB’s price has seen an increase of 48% since January 1st and is trading at its pre-FTX collapse level. • Indicators such as the Relative Strength Index (RSI) and Money Flow Index (MFI) have been in an uptrend, indicating increased […]
• Bitcoin is currently trading at levels not seen for the past few months, and institutional investors are placing substantial bets on it. • The Basel Committee of the BIS estimates that global banks currently own over $9 billion in cryptocurrency, with Bitcoin and derivatives based on it accounting for 56% of the total. • […]
•Avalanche (AVAX) investors had a good start to 2023 with the token registering massive gains on its chart. •CryptoQuant’s data revealed a major bearish signal, which might restrict AVAX’s price from going up any further in the coming days. •Avalanche’s NFT ecosystem witnessed growth, as AVAX’s market cap increased by 8%, while its volume went […]