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ZAMA:- There’s already an ongoing buzz in web3 around the race by Crypto brands securing the Unicorn status. The prediction market platforms, Polymarket and Kalshi, have recently been leading this race. While Polymarket is in the final stages of acquiring the Unicorn status, its competititor Kalshi crossed the $2 billion mark on June 25. As
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The post SHIB Team Rolls Out Major Shibarium Upgrade, Making SHIB Burns Faster and Easier appeared first on Coinpedia Fintech News
The Shiba Inu community has something new to cheer about. As the Shiba Inu team has just rolled out a massive update for Shibarium, the blockchain behind the popular SHIB token. This isn’t just a small tweak—it’s a complete transformation that promises to make life easier for SHIB fans and crypto users everywhere.
Let’s see what this major upgrade its all about!
In a recent X post, Shiba Inu’s marketing lead Lucie announced that the new upgrade has completely changed how people can earn, trade, and burn their SHIB tokens.
So, what’s new? First, there’s a fresh DeFi toolkit. This toolkit makes it easier for users to earn, trade, and burn SHIB and other tokens right inside Shibarium, no need to jump between different platforms anymore.
The toolkit also features new precision liquidity pools. These let users choose the exact price range for providing liquidity, so they can earn better rewards and make smarter moves in the crypto market.
One of the most exciting features of this update is its impact on the SHIB burn mechanism. Before, SHIB burns depended on separate transactions.
But now, any activity on Shibarium like swapping, adding liquidity, or using other tools, will trigger live burns. This means SHIB and other tokens are now being burned in real time.
Lucie said that these burns are now part of the daily flow, which could help reduce the supply of SHIB over time.
Despite these big upgrade, the daily SHIB burn numbers are still in the red for now. In the last day, the total amount of SHIB burned was about 10.4 million tokens. Three transactions handled this, with one giant burn of over 10 million SHIB tokens alone.
As of now, SHIB’s price is trading around $0.00001266, reflecting a ssligh rise seeing the ast 24 hours with a market cap of $7.46 billion.
The post SHIB Team Rolls Out Major Shibarium Upgrade, Making SHIB Burns Faster and Easier appeared first on Coinpedia Fintech News
The Shiba Inu community has something new to cheer about. As the Shiba Inu team has just rolled out a massive update for Shibarium, the blockchain behind the popular SHIB token. This isn’t just a small tweak—it’s a complete transformation that promises to make life easier for SHIB fans and crypto users everywhere. Let’s see …
MANTRA CEO, JP Mullin, is burning 150 million OM tokens from his own allocation and engaging other ecosystem partners to burn an additional 150 million tokens. This 300 million OM token burn aims to restore investor trust in the project and stabilize the altcoin’s price dynamics.
OM is attempting to recover from one of the most dramatic crashes in recent crypto history. On April 13, it lost over 90% of its value in a single hour. The collapse, which erased more than $5.5 billion in market cap, triggered widespread accusations of insider activity and manipulation within the Real-World Assets (RWA) sector.
Mantra, once one of the biggest players in the Real-World Assets (RWA) sector, suffered a dramatic collapse on April 13, with its token crashing over 90% in less than an hour and wiping out more than $5.5 billion in market capitalization.
The plunge followed a rapid surge earlier this year, when OM rose from $0.013 to over $6, pushing its fully diluted valuation to $11 billion. The crash was reportedly triggered by a $40 million token deposit into OKX by a wallet allegedly linked to the team, sparking fears of insider selling.
Panic spread quickly as rumors of undisclosed OTC deals, delayed airdrops, and excessive token supply concentration fueled mass liquidations across exchanges.
Despite co-founder John Patrick Mullin denying any wrongdoing and blaming centralized exchanges for forced closures, investors and analysts raised concerns about potential manipulation by market makers and CEXs, drawing comparisons to past collapses like Terra LUNA.
In an effort to rebuild trust, Mullin has announced the permanent burn of his 150 million OM team allocation. The tokens, originally staked at mainnet launch in October 2024, are now being unbonded and will be fully burned by April 29, reducing OM’s total supply from 1.82 billion to 1.67 billion.
This move also lowers the network’s staked amount by 150 million tokens, which could impact on-chain staking APR.
Additionally, MANTRA is in talks with partners to implement a second 150 million OM burn, potentially cutting the total supply by 300 million tokens.
Despite MANTRA’s ongoing token burn efforts, it’s still uncertain whether the move will be enough to fully restore investor confidence in OM.
From a technical standpoint, if momentum begins to recover, OM could test the immediate resistance at $0.59. A successful breakout at that level may pave the way for further gains toward $0.71, with additional key hurdles at $0.89 and $0.997 standing between the token and a return to the psychologically important $1 mark.
However, reclaiming these levels will likely require sustained buying interest and broader sentiment recovery across the Real-World Assets (RWA) sector.
On the downside, if the token burn fails to shift sentiment or if selling pressure continues, OM risks resuming its decline.
The first key support lies at $0.51, and a breakdown below that level could send the price further down to $0.469.
Given the scale of the recent crash and the lingering distrust among investors, the path to recovery remains fragile—OM now sits at a critical crossroads between a potential rebound and further erosion of its market value.
The post MANTRA CEO and Partners to Burn 300 Million Tokens – Will OM Get Back to $1? appeared first on BeInCrypto.
The crypto market has seen a slight rebound today as attention turns to Capitol Hill. The US Senate Banking Committee is set to hold a key hearing on digital asset market structure, featuring testimony from top industry figures, including Ripple CEO Brad Garlinghouse.
In anticipation of the discussion, market sentiment has improved, lifting digital assets and crypto-related stocks. Here are three US-listed crypto stocks to watch closely today:
BTCS shares surged 108.93% to close at a three-year high of $5.91 on Tuesday after the company announced a bold initiative to raise $100 million in 2025 to acquire Ethereum. The Maryland-based blockchain infrastructure company said the move reinforces its long-term vision to become the leading publicly traded firm focused on Ethereum.
The company plans to use a hybrid DeFi-TradFi capital formation model—including ATM equity sales, convertible debt, on-chain borrowing via Aave, staking rewards, and block-building through Builder+—to minimize dilution while maximizing ETH accumulation and shareholder value.
The price of BTCS hovers around $4.80 during pre-market trading today. If demand surges at market open, the stock could attempt to rally back above yesterday’s close.
However, if bullish momentum fades, it risks slipping below $4.34 support.
CLSK climbed 2.38% to close at $11.60 in the latest session, following a bullish operational update released on Monday.
In a July 7 press release, the company announced it reached a major milestone in June 2025—achieving 50 EH/s of operational hashrate, becoming the first Bitcoin miner to do so entirely through fully self-operated infrastructure. This marks a 9.6% month-over-month increase in hashrate and improved fleet efficiency to 16.15 J/Th.
The Bitcoin miner also revealed that it has secured 179 megawatts of additional power under contract, supporting future hashrate growth of over 10 EH/s.
During pre-market trading, CLSK is priced at $11.63. If buying continues when the market opens, the stock could rally toward $12.96.
However, if buy-side pressure fades, it could fall below support at $11.42.
Soluna Holdings shares climbed 27.88% to close at $0.85 on Tuesday after the company announced a major expansion at its Texas-based Project Dorothy 2 site.
The company revealed a 30 MW hosting deal with a leading Bitcoin miner—its third such agreement with this long-term customer. With the new contract, Project Dorothy 2 is now fully marketed and contracted, solidifying Soluna’s capacity buildout.
As of the pre-market session today, SLNH trades at $0.95. If the bulls maintain control at the opening bell, the stock could test resistance near $0.99.
However, if buyers fail to sustain demand, the price could slip below $0.92.
The post 3 US Crypto Stocks to Watch Today appeared first on BeInCrypto.