Author: Geoffrey Gufassi

On January 1, SHIB’s burn rate spiked 10,731% in 24 hours, removing 173 million tokens from circulation. A single whale transaction accounted for nearly all of that, wiping out 171.68 million SHIB. The total supply now sits at 585.29 trillion, according to CoinCentral. Burn activity has long been a community focus, but the scale of this event drew attention across crypto forums and trading desks. Price Action and Technicals By January 5, SHIB was trading near $0.0000075–$0.0000077, up about 19% in seven days. Analysts at Benzinga noted the breakout from last year’s descending channel, with upside targets around $0.000032 if…

Solana’s application ecosystem closed 2025 with $2.39 billion in revenue, a 46% jump from the prior year, according to industry trackers. Seven projects crossed the $100 million mark, while smaller apps collectively added more than $500 million, showing Solana’s growth isn’t concentrated in a handful of giants. Among the standouts is SolCard, a decentralized card service that’s quickly become a flagship example of how Solana’s speed and low fees translate into consumer‑facing products. SolCard allows users to spend crypto directly through virtual and physical cards, bypassing traditional banking rails. In 2025, SolCard’s transaction volume surged as retail adoption spread across…

The U.S. Securities and Exchange Commission (SEC) has approved the first spot Chainlink exchange-traded fund (ETF), expanding regulated crypto investment products beyond Bitcoin and Ethereum. The Bitwise Chainlink ETF, listed under ticker CLNK on NYSE Arca, offers investors direct exposure to Chainlink’s native token, LINK, through a regulated structure. Bitwise Asset Management, which manages more than $15 billion in crypto assets, has positioned the ETF as part of a broader wave of institutional products. The approval follows the rollout of Bitcoin ETFs in 2024 and Ethereum ETFs in 2025, both of which drew billions in inflows and helped push crypto…

Today, cryptocurrencies went through their first significant retraction in 2026. After a strong start to the year, with digital assets adding over $260 billion to the total sector’s market capitalization, profit-taking finally decided to take its share of the pie on January 6th. As a result, over $90 billion was wiped out of crypto on this day. Ethereum and Bitcoin are currently trading at around a 1.5% deficit in the last 24 hours, while legacy altcoin XRP is seeing an even stronger 2.8% decrease. This sudden movement may have caught some leveraged traders off guard. According to CoinGlass, the market…

The cryptocurrency market’s third most valuable memecoin by market capitalization, Pepe, has finally retracted today. $PEPE embarked on one of its strongest trends in recent memory on January 1st, gaining as much as 83% in value in just a few days. Indeed, most memecoins in the market also saw similar results — but the sheer weight of Pepe’s movement since the start of 2026 completely redefined the memecoin narrative, dragging the entire sector into one of its sharpest collective rallies in months. BONK, DOGE, and SHIB followed suit with double-digit gains, yet none matched the velocity or liquidity surge seen…