Analysis Crypto by Thebittimes.Com

A total of 65.9 billion Shiba Inu tokens were burned on Thursday and removed from circulation, according to the latest data on Shibarium. This takes the total burn rate to 1.38 billion tokens since the layer-2 network was launched in August 2023. Despite sending close to 66 billion SHIB tokens to the dead wallet, the dog-themed token’s price has remained lifeless in the charts. It is still trading with five zeroes with little to no action, testing the patience of investors. Also Read: Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn Why Is Shiba Inu Not Rising Despite Billions of Tokens Being Burned? Source: Watcher Guru Shiba Inu is not surging in value because the billions of tokens sound big, but are meager when compared to the price value. To keep it in context, the 65.9 billion tokens that were sent to the dead wallet are worth only $65,000. In the cryptocurrency market, this amount is worth nothing and is like a small fish in the ocean. If millions of dollars worth ...

On-chain analysts have spent the past few days scrutinizing a web of decentralized finance (DeFi) yield farming projects which collectively claim $950 million worth of total value locked (TVL). Criticisms levelled at the projects include that they recursively lent funds between one another’s assets to inflate TVL, and the lack of transparency over the positions held. Some have also raised doubts over the ability to unwind positions safely in order to secure the backing of their yield-bearing stablecoins, especially in the event of a liquidity crunch like that of October 10, 2025. DeFi daisy chain Projects such as YieldFi and Stream Finance aim to generate yield by using deposits to run delta-neutral strategies, similar to $10 billion “synthetic dollar” protocol Ethena. They bill themselves as “asset management for the on-chain economy” and “the SuperApp DeFi Deserves,” respectively. DeFi commentator Togbe kicked off the discussion with an X post on Sunday, cast...

The Federal Reserve has cut interest rates in the US by 25bps, the 2nd month in a row the Fed has slashed rates. Amid the government shutdown that has limited the view of economic data the Fed could go off of, the central bank voted to lower borrowing costs by a quarter of a percentage point. BREAKING: Federal Reserve cuts interest rates by 25bps. — Watcher.Guru (@WatcherGuru) October 29, 2025 The new benchmark lending rate between 3.75% and 4% is the lowest in three years. “Uncertainty about the economic outlook remains elevated,” the Fed said in a statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.” Further, Fed Chair Jerome Powell hinted that it’s difficult to forecast any more cuts this year amid the ongoing shutdown, as job data isn’t readily available. “A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it,” Pow...

A defendant named in a bombshell illegal gambling case involving NBA coach and hall of famer Chauncey Billups has seen at least $400,000 in ether (ETH) removed from his wallet, likely seized by the FBI. Alleged money launderer, Anthony Shnayderman, had 100 ETH moved out of his wallet six days ago following a test transaction — a sign that suggests the FBI or another government entity has taken control of the wallet. Shnayderman, who uses a Bored Ape as the avatar for his numerous social media accounts, has been anything but discreet about his involvement with illegal sports gambling and repeatedly reached out to individuals on X to assure them he could pick winners. It’s unclear if anyone took him up on his offers . Another crypto bro and X user “FreeMoose_NBA,” aka Mustafa Omar, was interviewed on the Pablo Torre Show months ago, describing what seems to be a crew of NBA-adjacent gamblers, launderers, and fixers. Read more: Coinbase hacker panic-sold ET...

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Trump Coin (Official Trump/TRUMP) is experiencing quite a price surge despite a market-wide downturn. According to CoinGecko data, the memecoin has rallied 10.5% in the last 24 hours, 17.1% in the last week, and 9.9% over the previous month. However, the coin is still down by 8.1% in the monthly charts. Apart from TRUMP, Melania Meme (MELANIA) is also registering massive gains. MELANIA has rallied 21.7% in the daily charts and 20% over the last week. Let’s discuss why the First Family-based cryptocurrencies are rallying today. Source: CoinGecko Why is Trump Coin Experiencing a Price Surge? Source: Fast Company Trump Coin’s latest upswing comes after President Trump announced that the US may be nearing a trade deal with China. The crypto market faced a massive liquidation event after the two countries had a trade dispute. President Trump stated on Monday, “ I have a lot of respect for President Xi, and we are going to come away with the deal. “ Trump Coin’s ...