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New Record: 1 Billion Shiba Inu Burnt in a Single Transaction, 1.15B SHIB Burned Within 24 Hours, Over 2B In 48 Hours

Zabi
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New Record: 1 Billion Shiba Inu Burnt in a Single Transaction, 1.15B SHIB Burned Within 24 Hours, Over 2B In 48 Hours

1 Billion Shiba Inu (SHIB) Tokens Destroyed in a Single Transaction By ShibaBurn Project; 1.15 Billion Shiba Inu (SHIB) Tokens Destroyed Within 24 Hours.


 

ShibaBurn, a new token, has set a new record by burning 1 billion Shiba Inu (SHIB) tokens in a single transaction. This marks the largest community-led burn in history so far, also the biggest one in a single transaction.

ShibaBurn token’s burn party was scheduled for 22nd March 2022 and hosted live by Matthew G Perry on his official Youtube Channel named “Let It Burn.” As promised, during the party, the ShibaBurn token burned 1 Billion Shiba Inu (SHIB) tokens in a single transaction. This marks the first-ever Shiba Burn Party for the Let It Burn YouTube channel and is now registered as the LARGEST community-led SHIB burn in the record books.

Shibburn verified the transaction:

 

Soon after the party, Matthew G Perry, a party organizer, sent 1 million more Shiba Inu tokens to a dead wallet in a single transaction.

In this way, both Matthew G Perry and ShibaBurn burnt 1.1 billion Shiba Inu tokens in one day.

Shibburn.com confirmed 33 transactions towards dead wallets via tweet and reported that 1,157,908,364 (1.15B) SHIB tokens had been taken out of circulation in the past 24 hours. This number is 14.05% more than the previous day’s burn of 1,021,292,580 (1.02M) SHIB.

The newly emerging tokens played a significant role as during the last 48 hours, the community-led initiatives destroyed 2,179,200,944 (2.17B) Shiba Inu tokens.

Readers should note that ‘ShibaBurn-Token’ has no official relation with Shiba Inu (SHIB) token. Investors should have done their research before investing in such projects.

NowPayments New Shib Burn Feature For Merchants:

Yesterday NOWPayments presented the optional burn for merchants — a feature that helps businesses burn SHIB & LEASH profit by selecting which part of their profit they would like to burn.

Optional burn feature by NOWPayments allows Businesses to count the amount of their SHIB & LEASH profit right in NOWPayments’ account. Businesses that accept Shib and leash as payments can easily select the percentage mark-up for the burning to contribute to NowPayments New Shib Burn Feature.

 

MIT Researcher Says U.S. Should Buy Bitcoin to “Become a Superpower For 1000 Years”

Albert Brown
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MIT Researcher Says U.S. Should Buy Bitcoin to “Become a Superpower For 1000 Years”

MIT Researcher Says U.S. Should Buy Bitcoin to “Become a Superpower”.



Jason Lowery, a Massachusetts Institute of Technology (MIT) researcher, noted in an interview with Bitcoin proponent Anthony Pompliano that the world’s largest cryptocurrency has proven that it can play an important role in national security. 

Based on indications that countries seem to be doing fine without depending on the United States Dollars, Lowery called on the U.S. to buy Bitcoin (BTC) in order to reduce the implications that may arise following the lack of dependence on the nation’s fiat. 

“The United States better posture itself to benefit from that and you do that by buying bitcoin, so you capture disproportionate value as people flood into it,” Lowry said. 

According to Lowry, should Bitcoin become the new defense protocol everyone, including investors and world governments, is adopting, the United States could become a superpower for the next 1,000 years if they purchase the asset class now. 

“If this truly does become the new property defense protocol that everyone subscribes to, then you are posturing yourself to become a superpower for the next 1,000 years.”

As lawmakers and regulators around the world are looking to crack down on bitcoin and crypto, Lowry said banning BTC is not an option.

“Banning [bitcoin is] not an option, You can’t ban your adversary from using this.”



Countries Adopting Bitcoin 

The ongoing Russian invasion of Ukraine has demonstrated to the world the power of cryptocurrencies. 

Recall that since the war began, Ukraine, which seems ravaged by the ongoing invasion, has received over $100 million in cryptocurrency donations from concerned individuals and firms globally. 

Similarly, several Russian politicians and businessmen who have been affected by the financial sanctions imposed on the country by the U.S. and Europe are reportedly buying Bitcoin to evade these sanctions. 

In a similar development, El Salvador announced last year that it had adopted Bitcoin as a legal tender, a move that threw the world into massive shock. 

The country did not stop there, it also went on a purchase spree of the cryptocurrency, adding volumes of Bitcoin at intervals whenever there was a massive dip. 

With governments across the world embracing Bitcoin, the Malaysian government did not want to be left out of the BTC craze, as the country’s Ministry of Communication hinted at a proposal that could see the cryptocurrency adopted as a legal tender. 

Grayscale Investments Launches New ‘Smart Contract Platform Fund’ for Institutional Clients Including Cardano

Mark Brennan
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Grayscale Investments Launches New ‘Smart Contract Platform Fund’ for Institutional Clients Including Cardano

Grayscale Investments Launches Cardano (ADA) and 6 other altcoins Smart Contract Platform Fund which is a new investment product for Institutional Clients.


 

Grayscale Investments has announced the launch of an investment product that will give its clients exposure to selected leading smart contract platforms, including Cardano (ADA). 

The investment product, dubbed the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE), will enable the firm’s clients to invest in supported smart contract platforms via a market capitalization weighted portfolio. 

Per the announcement, the investment vehicle, which is the 18th investment product launched by Grayscale, is designed to track the CoinDesk Smart Contract Platform Select Ex ETH Index. 

Aside from Cardano, other digital currencies currently added to the fund include Solana (SOL), Avalanche (AVAX), Polkadot (POL), Polygon (MATIC), Algorand (ALGO), and Stellar (XLM). 

GSCPxE Product Makes Things Easier

Michael Sonnenshein, CEO of Grayscale, noted that investors’ appetite for diversified exposure has surged alongside the evolution of the cryptocurrency industry.  

While there seems to be competition among the supported smart contract platforms and investors may seem confused to select the network that could eventually dominate others, Sonnenshein said clients do not have to engage in such competition, adding: 

“Instead can access the development of the smart contract platform ecosystem through a singular investment vehicle.” 

Commenting on the development, Jodie Gunzberg, CFA & Managing Director at CoinDesk Indices, said: “Many investors allocated to ETH given its explosive growth over the past year, so now there is a demand to get exposure across the rest of the Smart Contract Platform sector.” 

Cardano’s Massive Growth Since Last Year

Cardano has been considered an Ethereum killer by its community since it launched in 2017. However, it took more than three years before the developers lived up to its promises and enabled smart contract support on the network.  

Ever since the update went live, Cardano has been widely adopted by developers and decentralized exchange providers looking to deploy their protocols on the network. 

At press time, a handful of decentralized exchanges have already gone live on Cardano’s mainnet, and over 50 applications are geared to launch on the network. 

Following massive support from the Cardano community, user activity has skyrocketed across the network, leading to a surge in the total value locked (TVL) across six decentralized exchanges. 

 

31 Regulated Japanese Cryptocurrency Exchanges to List Ripple (XRP) By Month End

Mark Brennan
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31 Regulated Japanese Cryptocurrency Exchanges to List Ripple (XRP) By Month End

31 Regulated Japanese Cryptocurrency Exchanges are going to get a green list to list 18 cryptos including Ripple (XRP).



The Japan Virtual and Crypto Assets Exchange Association (JVCEA), a self-regulatory organization for the Japanese cryptocurrency industry, has announced that Ripple (XRP) alongside 17 other cryptocurrencies will be listed across various crypto exchanges in Japan. 

According to a report published on Nikkei Asia today, the JVCEA, a group of 31 cryptocurrency exchanges, said in an online presentation that it will release a “green list” of the 18 cryptocurrencies that will be listed across the Japanese trading platforms by month end. 

Prior to the announcement, before new cryptocurrencies were listed on any of the 31 Japanese trading platforms, cryptocurrency developers were required to go through a screening process. 

However, the regulatory body observed that it was lagging behind in its number of supported cryptocurrencies compared to what is observed on other trading platforms outside Japan. 

Cryptocurrencies considered to be added to the green list are tokens and coins that are widely adopted and are available for trading across three unregulated platforms operating outside Japan. 

Some of the cryptocurrencies added to the green list include Ripple (XRP), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC). 

“The goal is to eliminate the time it takes to list a token and bring the industry closer to global standards,” an official at the JVCEA told Nikkei Asia. 

Interestingly, the development comes at a time when Ripple has been delisted from U.S.-based cryptocurrency exchanges due to the company’s legal battle with the Securities and Exchange Commission (SEC). 

Cardano (ADA) Wallets Surpasses 5 Million Amid Rising Interest in the Project

Mark Brennan
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Cardano (ADA) Wallets Surpasses 5 Million Amid Rising Interest in the Project

Cardano (ADA) Wallets Surpasses 5 Million.



Cryptocurrency enthusiasts have continued to showcase their confidence in Cardano (ADA) as they embark on an adoption spree for the world’s eighth-largest cryptocurrency by market capitalization. 

cardano 5m addresses
image source: https://twitter.com/cardano_daily/status/1506253143549833222

New data from crypto on-chain data provider Messari shows that addresses currently holding ADA have surged to a whole new level in the early hours of today. 

According to the data, addresses currently holding ADA hit 5 million earlier today, as 44,480 Cardano addresses were added in the last 24 hours. 

Growing Interest in Cardano

Although the number of addresses holding Cardano does not represent the total number of users, the feat suggests that there has been growing adoption of ADA. 

Per the data, long-term Cardano holders have also been on the increase, as addresses holding ADA for over a year have risen 33.15% in the last 30 days, while short-term ADA holders have declined significantly by 12.57% in the past month. 

Interestingly, the development indicates that the Cardano community has thrown their weight solidly behind the project as they embark on a purchasing spree of the coin. 

Cardano TVL Surpass $300 Million.

It is worth noting that the team behind Cardano has been working relentlessly to make the network an ideal choice for developers who are seeking to deploy their applications on the blockchain. 

Since smart contracts functionality was enabled, several decentralized exchanges have launched on Cardano mainnet, with more DEXs still anticipated to go live on the network. 

Cardano TVL has also surpassed $300 million at press time, following a 9.5% growth in the last 24 hours. 

 

New York Residents Campaign Against Anti-Bitcoin Mining Law

Albert Brown
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New York Residents Campaign Against Anti-Bitcoin Mining Law

New York residents have expressed displeasure over the proposed bill that could see the city ban non-renewable Bitcoin (BTC) mining operations if passed. 


In a bid to stop the city’s lawmakers from passing the anti-Bitcoin mining bill into law, concerned New York citizens have created a new campaign asking residents to vote against the proposed regulation. 

Details About the Bill

The bill A.7389C / S. 6486C proposed by a few environmentalists and prominent lawmakers to impose a three-year ban on Bitcoin mining operators who burn fossil fuels to mine the world’s largest cryptocurrency. 

The main focus is on gas plants that provide electricity to Bitcoin miners who have been accused of causing environmental degradation via the activity. 

Although the proposal was largely criticized earlier this year when it first came to public notice, residents have taken advanced steps to stand against the regulation by voting against the bill. 

It is worth noting that the votes of each resident will be sent directly to the member of Assembly representing each zone. 

Interested Bitcoin enthusiasts in New York who are committed to stopping anti-friendly Bitcoin laws in New York are required to provide their full name, email, mobile number and home address, including zip code. 

The campaign already has a pre-configured message, which reads: 

“As a voter from your district, I am asking that you please vote no on (A.7389C / S. 6486C), the bill being pushed in a last-minute effort to restrict the growing crypto mining industry.” 

The message also notes that Bitcoin mining is not only creating jobs for New York residents, it is also adding millions of dollars of investments to the city’s economy, adding:  

“This industry also has the potential to improve grid resilience and increase investment into green and renewable energy assets.” 

Notably, the bill is still up for deliberation in the House of Assembly, and will be moved to the state Senate after it is passed to the lower house, thus giving New York residents enough time to make their voices heard. 

New York’s Friendly Bitcoin Approach 

Recall that after China announced a full-scale ban on crypto-related transactions, including Bitcoin mining, miners flocked to upstate New York because the city offers cheap energy. 

New York has been friendly toward Bitcoin since Eric Adams was elected mayor to pilot the affairs of the city. 

Adams disclosed earlier this year that he would receive his first three paychecks in Bitcoin and further urged schools to teach students about cryptocurrencies and the opportunities associated with the nascent asset class.

Former VP At Activision, William David To Represent Shiba Inu Games at Game Developers Conference (GDC) 2022

Zabi
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Former VP At Activision, William David To Represent Shiba Inu Games at Game Developers Conference (GDC) 2022

William David Volk Representing Shiba Inu (SHIB) Games at Game Developers Conference (GDC) 2022 and Might Come Up With New Partnership.



William David Volk, an American mobile game developer and publisher former VP at Activision currently working as a lead for Shiba Inu Games, is reportedly going to represent Shiba Inu (SHIB) Games at Game Developers Conference (GDC), which is scheduled to start on Monday, 21 March and ends on Friday, 25 March, at the Moscone Center in San Francisco.

According to the recent official Tweet from William Volk, he’ll talk about Shiba Inu Games at Game Developers Conference (GDC).

Following his confirmation to attend GDC 2022, the Shiba Inu Community became curious and wanted William to share further details about what he will talk about there.

Shiba Inu Community is excited about this representation as SHIB can grab massive exposure through this conference as GDC works on connecting the Global Game Development Community and allows meeting with leading technology companies such as Amazon, Intel, Nvidia, Oculus, and Microsoft to explore new partnerships and business opportunities.

It will be worth noticing if Shiba Inu Games win any new partnership from leading technology companies through this conference. However, the details have not been disclosed officially yet as Shibarmy is anxiously waiting and watching for more information.

The people belonging to different fields related to Gaming Industry like Game Designers, Game Programmers, Business and Marketing Professionals, Producers and Team/Studio Managers, Visual Artists, Sound Designers, Engineers, and Composers, Virtual and Augmented Reality Creators, Career Seekers, Vendor Companies, Sponsors, & Recruiters from all around the globe comes to attend this conference every year.

This year’s Game Developers Conference is at the Moscone Center in San Francisco, March 21-25, 2022, with a robust online virtual offering.

Trading Presets – the Platform for Diving Fearlessly into Cryptocurrency Trading

Mark Brennan
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Trading Presets – the Platform for Diving Fearlessly into Cryptocurrency Trading

Many people ask: can you make money with cryptocurrency? Yes, you can make money with cryptocurrency. Given the inherent volatility of crypto assets, most involve a high degree of risk, while others require domain knowledge or expertise. Trading cryptocurrencies is one of the answers to making money with cryptocurrency.

On the market are many platforms dedicated to trading, but what can you choose if you are at the beginning? Trading Presets is a platform specially made for users who want to start trading but don’t know where to start. Also, their name – Trading Presets, gives us a hint about how the platform works. Let’s dive in and discover how you can start trading using this platform and enjoy making income.

What is the Trading Presets Platform?

More than 90% of individual traders lose money due to emotional bias and lack of automation or knowledge. That’s why Trading Presets was built. It is the first self-learning autopilot trading bot available for traders of all experience levels. With just a few clicks, you can quickly start investing.

Trading Presets Platform offers the possibility to dive fearlessly into cryptocurrency trading with their highly profitable trading presets created for amateurs and experts. So, you do not have to worry that you are a newcomer in the trading domain. Now you can start trading much easier because of its fully automatic algorithms and because no coding or trading knowledge is required to start using the platform.

You can use the platform’s safe, secure, and profitable algorithmic trading. Regardless of whether you are advanced traders or beginners, the Trading Presets platform is dedicated for everyone to have bots automatically manage their investment — across all assets. All in one place. Arbitrage trading comes with a low level of risk. Because each asset is bought and sold simultaneously, there is almost non-existent risk involved.

Start using the platform

You can start using the platform in just a few clicks. Go on the official Trading Presets platform and create your account by registering your e-mail. Then you are ready to start! 

If you still hesitate, you must know that you can claim a $2500 Trading Balance from the Trading Presets platform.

The platform allows users to trade on autopilot within just one click without prior knowledge or experience. Users can choose from pre-built trading strategies and see how much each process returned last month. 

The deposits and withdrawals are instant. Load your TP wallet balance in minutes using Metamask, WalletConnect, or deposit through your preferred wallet or exchange. Withdrawals are made instantly to the address of your choice.

You can also simulate trading without money trying each strategy risk-free while mastering the platform by creating a free demo bot.

The benefits of using Trading Presets platform

To recap, with Trading Presets platform you can benefit of:

–   Smart & secure algorithmic trading

–   No Knowledge Required

–   Low Risk Trading

–   Instant Deposits & Withdrawals

–   Simulate Trading Without Money

Ending note

If you became interested in trading or you were before but didn’t know where to start, Trading Pretest is suitable for you. Register or read more about the platform on the official Trading Presets’s website and enjoy your trading journey!

 

1.57 Million Addresses Purchase 760K BTC As Traders Eye Massive Rally For BTC

Mark Brennan
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1.57 Million Addresses Purchase 760K BTC As Traders Eye Massive Rally For BTC

1.57 Million Addresses Purchase 760K BTC.



Investors are still optimistic about an incoming rally for the world’s largest cryptocurrency by market capitalization, Bitcoin (BTC), as they continue to take reasonable positions by accumulating the digital currency. 

Fresh data from IntoTheBlock suggests a massive accumulation spree of Bitcoin by investors between the price levels of $40,900 and $42,100. 

According to the data, 1.57 million Bitcoin addresses have purchased a combined 760,000 BTC between $40,900 and $42,100. Famous cryptocurrency trader and analyst Ali Martinez shared the development on Twitter. 

“Bitcoin IOMAP reveals that 1.57M addresses had previously purchased nearly 760K BTC between $40.9K and $42.1K,” @ali_charts tweeted earlier today. 

Can Bitcoin Surge Above $46,500?

Based on the recent accumulation of Bitcoin between $40,900 and $42,100, the famous cryptocurrency trader believes that a decisive daily candle could see Bitcoin rally above $45,000 and move closer to its next barrier of $46,500. 

“Only a decisive daily candlestick close above this hurdle can give BTC the strength to march towards the next critical barrier at $46,500,” Martinez added. 

Interestingly, if Bitcoin breaks the $46,500 barrier and goes beyond $47,000, the move would see the popular cryptocurrency sit above all four Simple Moving Average (SMA), including 20W SMA, 50W SMA, 100W SMA, and 200W SMA, Glassnode data suggests. 

btc glassnode

BTC daily timeframe shows that higher highs establishing, resistance at $42.6k, while support at $40,200, if price can move above $42.6k, then there is a probability we continue to the upside towards $46,500.

BTC Massive Rally Amid Growing Adoption

Over the last 24 hours, Bitcoin recorded slight gains for investors, as it traded above $43,000 for the first time in three weeks. 

The world’s largest cryptocurrency, up 3.1% in the last 24 hours, has seen its value plunge below $38,000 in the previous three weeks.  

Interestingly, Bitcoin has been trading above $40,000 since March 16, 2022, as users’ adoption of the cryptocurrency continues to gain momentum. 

Earlier this month, 1.36 million addresses accumulated 750,000 Bitcoin, as traders continued to show trust in BTC. 

At the time of writing, Bitcoin is trading around at $42,235 across major cryptocurrency exchanges, including Binance and KuCoin. 

Whales Massive Buying Moving Shiba Inu, 4th Biggest ETH Whale “Tsunade” Buys Over 51.44 Billion Shib

Zabi
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Whales Massive Buying Moving Shiba Inu, 4th Biggest ETH Whale “Tsunade” Buys Over 51.44 Billion Shib

4th Biggest Ethereum Whale “Tsunade” Scoop up Over 51.44 Billion Shiba Inu (SHIB) Tokens for 1.18 Million USD.



New week, New Ethereum (ETH) whale shows its love for Shiba Inu (SHIB) token.

This time, the 4th biggest well-known whale of Ethereum, “Tsunade,” has scooped up a whopping 51,440,208,121 (51.44B) SHIB tokens in just a single significant transaction, valued at ,185,696 (.18M) USD. The purchase is tracked by a blockchain tracker website named “WhaleStats.”

Looking deep into Tsunade’s wallet, we found that he currently has 297 tokens in his portfolio. The Shiba Inu token appears to be his 23rd biggest token position by dollar value.

WhaleStats data verifies that she currently holds 2 trillion SHIB tokens worth $38,733,932 (38.73M) USD in his wallet.

Yesterday One Whale bought 3.7 Trillion Shiba Inu Worth $89M; Overall ETH Whales Accumulated 4.08T Shib Within 7 Days.

According to WhaleStats, Shiba Inu (SHIB) is currently the third biggest token position by dollar value held among the top 100 ETH wallets following Ethereum (ETH) and FTX token (FTT). The top 100 ETH wallets are now holding a $1,198,739,299 ($1.19B) total value of the SHIB tokens.

This week, the Shiba Inu token is performing well and is up 7.72% for the week, as per data provided by CoinMarketCap (CMC). At the time of writing, SHIB is trading at $0.00002343, up 3.69% for the day with a 24-hour trading volume of $878,342,512.95 (878.34M).

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