11 Aug 2025, 16:37

Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details Here

TL;DR Shiba Inu’s layer-2 network has processed over 1.5B transactions. Experts see potential for SHIB price growth if real utility and applications on Shibarium expand. A 150%+ burn rate spike and net exchange outflows suggest reduced supply and lower selling pressure, potentially supporting a rebound. The Latest Achievement The total number of transactions processed on Shibarium surpassed 1.5 billion. The addresses that have interacted with the network exceed 267,000, while the total number of blocks has reached almost 12.5 million. Shibarium is specifically designed to reduce the transaction fees, improve speed, and enhance scalability within the Shiba Inu ecosystem. As such, some experts believe its progress can have a boosting effect on the price of SHIB. An example is the Bitcoin advocate Jeremie Davinci, who said : “I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically , it’s a chain that you can actually run all kinds of applications. However, nobody is using it, and there are no applications for using your tokens on Shibarium yet . If they get that solved, Shiba Inu will go to the moon. “ SHIB Price Outlook Despite Shibarium’s milestone, the meme coin remains in the red zone on a daily scale, currently trading at around $0.00001313. Some factors , though, suggest the price might head north soon. Shiba Inu’s burn rate has exploded by over 150%, resulting in roughly 750,000 tokens being sent to a null address. The USD equivalent of the destroyed stash is insignificant, but continuous efforts in that field will make SHIB scarcer and potentially more valuable in time (should demand not decline). SHIB’s exchange netflow is also worth monitoring. Outflows have surpassed inflows in the past week, meaning investors have shifted from centralized platforms to self-custody methods. This , in turn, reduces the immediate selling pressure. SHIB Exchange Netflow, Source: CryptoQuant The post Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details Here appeared first on CryptoPotato .

11 Aug 2025, 16:36

Filecoin Narrows Loss After 7% Slump

Filecoin (FIL) exhibited high volatility throughout the 24-hour trading session, registering a comprehensive 7% range, according to CoinDesk Research's technical analysis model. The model showed that FIL hit a high of of $2.68 and a subsequent low of $2.49, during the period. FIL endured a precipitous decline commencing approximately 07:00 on Aug. 11, down markedly to $2.49 by midday accompanied by robust volume of 8.88 million during the 12:00 trading hour, consequently establishing substantial volume-supported foundations at approximately $2.49, according to the model. The token has recouped some of its earlier losses to trade 2% lower over 24 hours, at around $2.56. The bounce in FIL came as the wider crypto market rose, with the broader market gauge, the Coindesk 20, recently up 1.1%. Technical Analysis: FIL traded between $2.49-$2.68 during the 24-hour period Substantial resistance established at the $2.68 level with volume exceeding 3.80 million. Robust support materialised at $2.49 with peak volume of 8.88 million during the 12:00 hour. The token has recouped some its earlier losses to trade 2% lower over 24-hours Increasing volume during the recovery phase with peak at 78,053 units suggests renewed purchasing interest. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

11 Aug 2025, 16:36

Bitcoin May Face Major Correction, Max Keiser Suggests Likely Trigger

Bitcoin maximalist Keiser reveals trigger that may cause the next major BTC correction

11 Aug 2025, 16:32

FG Nexus Acquires 47,331 ETH, Aiming for 10% Stake in Ethereum’s Growing Ecosystem

FG Nexus has acquired 47,331 ETH, aiming for a 10% stake in Ethereum, highlighting the growing institutional interest in the cryptocurrency. FG Nexus announced spending $200M to buy 47,331 ETH

11 Aug 2025, 16:30

Blue Origin Opens Crypto Checkout for New Shepard Spaceflights via Shift4

Blue Origin will accept cryptocurrency and stablecoin payments for New Shepard suborbital flights through a new integration with Shift4. Shift4 Brings Crypto Payments to Blue Origin’s Space Tourism Starting today, customers can use bitcoin (BTC), ethereum ( ETH), solana ( SOL), tether ( USDT), and USDC to book seats, with Shift4 processing the transactions, according

11 Aug 2025, 16:29

$30T Tokenization Market: Chainlink Partners with ICE for Secure Onchain FX, Metals Data

Key Takeaways: ICE’s data integration into blockchain platforms could encourage cross-industry discussions on common technical and compliance frameworks. Expanding tokenized markets may drive collaboration between regulators, traditional exchanges, and blockchain providers to align reporting and settlement protocols. Future on-chain data integrations could include emerging asset classes beyond those currently served, depending on market demand and policy direction. Chainlink has partnered with Intercontinental Exchange (ICE) to provide foreign exchange and precious metals rates onchain through Chainlink Data Streams, according to a press release published on August 11. The arrangement uses ICE’s Consolidated Feed, which compiles pricing from over 300 exchanges and marketplaces, as a contributor to Chainlink’s derived FX and metals data. ICE Data Feed to Power Chainlink This information will be distributed to more than 2,000 applications, financial institutions, and infrastructure providers within the Chainlink ecosystem. Maurisa Baumann, Vice President of Global Data Delivery Platforms at ICE, said the feed offers “trusted, structured multi-asset class data to banks, asset managers, and ISVs located around the world.” She added, “We’re happy to work with Chainlink to securely and reliably provide data for on-chain markets, which is an important step in growing the global blockchain economy.” We’re excited to announce that Intercontinental Exchange ( @ICE_Markets ) and Chainlink are collaborating to allow Chainlink to now bring high-quality derived forex and precious metals data onchain. https://t.co/hchILh0073 ICE is a global financial powerhouse that operates… pic.twitter.com/Tw4BdtCxDC — Chainlink (@chainlink) August 11, 2025 Chainlink said the integration supports the development of new tokenized asset types by supplying DeFi applications with tamper-resistant data that meets traditional market requirements. ICE will serve as one of several providers for Chainlink’s data sets, which are designed to support low-latency, high-frequency settlement. Fernando Vazquez, President of Capital Markets at Chainlink Labs, described the collaboration as “a watershed moment in the evolution of global markets,” pointing to the role of on-chain infrastructure in accommodating large-scale tokenization. Combining TradFi and Blockchain Infrastructure The companies said that with tokenized real-world asset markets projected to reach $30.1 trillion, demand for secure, institutional-grade data services is expected to grow. While the current scope covers FX and precious metals, industry observers note that partnerships between data vendors and blockchain infrastructure providers could expand into equities, fixed income, and other asset classes, depending on regulatory developments and adoption trends. Integrations of traditional market data into blockchain-based systems are also being closely watched by financial regulators, who are weighing how such services fit into existing compliance frameworks and market oversight practices. These integrations and collaborations show the way to a more hybrid financial system , where traditional market infrastructure and blockchain-based networks operate in parallel, supporting cross-platform settlement and shared data standards. The post $30T Tokenization Market: Chainlink Partners with ICE for Secure Onchain FX, Metals Data appeared first on Cryptonews .