Tags : frenzy

Market

All hail the Shiba? Rise of Dogecoin pretenders fueled by

Shiba Inu (SHIB) has been the talk of the cryptoverse and mainstream media recently. It is a meme coin themed around the Shibu Inu dog, a Japanese dog breed that Dogecoin (DOGE) is also basing its image on. According to data from CoinMarketCap, SHIB hit its all-time high of $0.0000388 on May 10 after it […]Read More

Bitcoin

Bitcoin Crosses $1 Trillion Milestone as Buying Frenzy Continues

Bitcoin has seen some wild price action throughout the past couple of days, with bulls driving the crypto higher and putting a firm end to its recent consolidation phase This has allowed the benchmark cryptocurrency to cross the $1 trillion market cap milestone It is now one of the largest currencies in the world by […]Read More

Bitcoin

Tesla-Driven Bitcoin Buying Frenzy Takes Down Crypto Exchange Binance

This morning, it was revealed that Tesla has purchased a sum of Bitcoin worth $1.5 billion. Immediately after the news began to circulate, the leading cryptocurrency by market cap exploded from under $40,000 to $45,000 at the high. As the new record was set, the resulting FOMO drove “massive incoming traffic” to crypto platform Binance, […]Read More

Bitcoin

Bitcoin frenzy? Coinbase surpassing $9 billion in daily volume shows

The demand for Bitcoin is increasing as the rising volatility shows. Coinbase, the largest cryptocurrency exchange in the U.S., recorded $9 billion in daily volume on Jan. 11. Yesterday, Coinbase, Kraken, and several other exchanges and data providers saw technical difficulties amid record-high trading volume. The explosive increase in the trading volume of Bitcoin led […]Read More