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The Shiba Inu (SHIB) network was started as a meme coin but things could be changing as building utility is its primary goal now. The meme coin has been called a mere joke but its latest partnership with the United Arab Emirates (UAE) government could be a game changer. Despite being fairly new to the ecosystem, SHIB has clearly landed a monumental partnership. However, the real question is whether this collaboration has impacted the price of SHIB in a good way. Also Read: Analysts call ASML Stock Underrated in 2025, Here’s Why Diving Into UAE’s Latest Partnership Source: Watcher Guru Shiba Inu and the Ministry of Energy and Infrastructure (MOEI) of the UAE have partnered to incorporate Shiba Inu’s Operating System (ShibOS) into government activities. The goal of this partnership is to improve Web3 solutions in a number of industries, such as infrastructure and energy. In addition, the Shiba Inu team revealed that this is the first time a global government has implemented bl...

Author | WuBlockchain According to RootData, 82 crypto VC investment projects were publicly disclosed in January 2025, reflecting a 23.4% decline from December 2024 (107 projects) and a 37.4% decrease from January 2024 (131 projects). Note: Since not all funding rounds are disclosed in the same month, these figures may be updated in the future. In terms of sector distribution, CeFi accounted for approximately 6.1% of the projects, DeFi 24.4%, NFT/GameFi 4.9%, L1/L2 17.1%, RWA/DePIN 12.2%, Tools/Wallets 18.3%, and AI 17.1%. The total crypto VC investment in January 2025 reached $776 million, representing a 3.1% increase from December 2024 ($753 million) and a 10.7% increase from January 2024 ($701 million). Among the largest funding rounds of the month, MoonPay acquired blockchain payment processor Helio for $175 million to expand its payment infrastructure and integrate Helio’s technology, enabling crypto transactions on platforms like Shopify and Discord. This marks MoonPay's larg...

The cryptocurrency market underwent a massive as February arrived. Indeed, the market observed more than $2.3 billion in liquidations as prices plummeted. There were few who struggled as much as Cardano, as ADA could fall to $0.70 amid a bearish market. The token certainly wasn’t alone. Although the entire sector was falling in value, XRP, Dogecoin (DOGE), and other altcoins fell as much as 25%. With Cardano plummeting to its lowest level in three months, there are concerns about where the industry will go as a potential trade war keeps brewing in the US. JUST IN: $2,300,000,000 liquidated from the cryptocurrency market in the past 24 hours. — Watcher.Guru (@WatcherGuru) February 3, 2025 Also Read: PayPal’s PYUSD Bridges to Cardano: A New Era in Crypto Integration Cardano Falls to Pre-US Election Levels as ADA Threatens to Move Further Down Despite riding so high at the start of the year, things took a turn for the crypto market in the first two days of February. A host of assets ...

The Cardano price dropped 22% in the last 24 hours to trade at $0.7083 as of 4.15 a.m. EST on trading volume that soared 441% to $3.83 billion. The ADA price spent the last seven days trading between a support at $0.90 and a resistance at $1, but this ended on Sunday, Feb. 2, when it broke the support and started spiraling down to a support at $0.60, even briefly dipping below it to $0.57. Earlier today, however, the price started seeing a recovery as the traders rushed in to buy the dip, pushing the ADA price to $0.70 as of the time of writing. However, things might get busy for Cardano, as its founder, Charles Hoskinson, recently said that the team is working on some new deals and is “meeting a very special person toward the end of the month.” JUST IN: #Cardano $ADA Founder Charles Hoskinson says "we're still working on some of the deals that are under NDA, and meeting a very special person towards the end of the month. I can't say who it is. February is going to be...

The cryptocurrency market is anxiously awaiting when the next token could join Bitcoin and Ethereum on the investment market. It looks like that has taken a step towards actualizing amid a recent Grayscale filing. Yet, the question is, can an XRP ETF drive the price to $4.50? Well, let’s see what the experts are saying. For the last several weeks, all eyes have been on Ripple. The token has long been viewed as a contender for the next exchange-traded product (ETP) for the sector. If that does come to fruition, it could be monumental for the price of XRP, which has been stuck around $3 for much of the week. Source: CNBC Also Read: Polymarket Predicts Odds Of SOL, LTC, XRP, DOGE ETFs Being Approved In 2025 XRP ETF Could Propel Price as Grayscale Files to Convert Trust The cryptocurrency market has undergone a massive shift in recent months. With the incoming US presidential administration looking to greatly shift crypto policy, few assets have flourished as much as Ripple (XRP). It ...