The live Shiba Inu price today on the Gate.io trading platform, which is one of the top ten global exchange platforms, “is $0.00002799 USD with a 24-hour trading volume of $4,361,373,480 USD. Shiba Inu went up 20% in the last 24 hours and more than 5% in the last seven days”.
Iconic rapper Ice Cube — also known as O'Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an “incredible and historical” DOGE transaction.
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million bitcoin and the hashrate reaching an all-time high three days ago on May 2.
Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory guidance.
Nearly $6.3 billion worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), has been burned since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5.
Bitcoin price analysis for May 6, 2022, comes on a bearish note for the coin as BTC fell by more than 8% in the last 24 hours and investors can expect lower prices in the coming days as well. Furthermore, as noted in our BTC price analysis for May 5, 2022, the chances of the world’s biggest cryptocurrency breaking 40K remain low. In the last 24 hours, we saw BTC make a move towards the $40K price level but bears prevailed as the coin lost the support at the $37.5K price region. We can expect BTC at $34K if the $36K region doesn’t hold as support.
The centralized and decentralized exchanges (DEXs) in the crypto market have been always in a fight with each other. The world’s largest decentralized exchange Uniswap says that it is better than its rivals Coinbase and Binance when it comes to offering crypto market liquidity.
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor.