Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

Shibarium hopes to lure users to a low-fee ecosystem focused mainly on financial services and gaming. The Ethereum layer-2 network will utilize BONE, TREAT, SHIB and LEASH tokens for applications built on the blockchain, which could lift the prices of these tokens as demand increases. Shiba Inu developers on Wednesday were set to push live […]

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

Shiba Inu (SHIB) tokens have been among the top-performing cryptocurrencies over the past week amid low volatility conditions for bitcoin (BTC). The tokens have risen 20% over the past week, compared with nominal gains for bitcoin and ether (ETH). Among alternative currencies, higher returns were generated only by rollbit (RLB) and unibot (UNIBOT). Trading volumes […]

A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu

Investors are again pouring money into meme-focused cryptocurrency Shiba Inu (SHIB) in a sign of caution for bitcoin (BTC) traders. Open interest in Binance’s SHIB futures has more than doubled to $101.65 million this month, hitting the highest since Feb. 5, according to data source Coinglass. SHIB futures are sized at 1,000 SHIB per contract […]