Shiba Inu Whale Withdraws 2.28t SHIB from Binance, Retik Finance Presale Exceeds $2.4 Million, Ethereum Cancun Update Date Revealed

The holiday season has been busy for the cryptocurrency market, with new developments occurring daily. The upcoming Ethereum Cancun upgrade has made headlines recently, along with a $2.4 million milestone for DeFi player Retik Finance and a 2.28T SHIB withdrawal from Binance.

Let’s catch you up to speed with the latest in crypto.

Shiba Inu whale withdraws 2.28T SHIB from Binance: Are SHIB whales eyeing a rally?

Popular cryptocurrency whale tracker Whale Alert on Twitter recently reported a 2.28 trillion (approximately $23.58 million) Shiba Inu transfer from Binance exchange to an unlabeled wallet. The December 26 transfer caught the attention of the crypto community, including Lucie, the marketing specialist for Shiba Inu, who tweeted her response, “Smart money understands where the people are.” At the time of writing, the 2.28 trillion SHIB was still in his wallet, making it his fourth largest holding. This is the latest Shiba Inu transfer by a whale, as they continue to move large amounts of SHIB out of central exchanges like Binance. Another anonymous whale transferred 4.23 trillion SHIB tokens to an unlabeled address on Christmas Day. Previously, another whale had transferred 237 billion SHIB tokens from Binance. Following this activity, SHIB has remained above $0.00001 for over ten consecutive days, the longest period in several weeks. This has fueled speculation about a SHIB rally in 2024.

When will the Ethereum Cancun Update happen?

The Ethereum Cancun (Cancun-Deneb) upgrade is the next vital step in Ethereum’s journey toward scalability and overall efficiency. The upgrade will implement proto-danksharding to enhance scalability, optimise block space, and improve the structure of cross-chain bridges and stake pools. These changes will increase throughput and security, boosting the ecosystem’s allure.The upgrade will involve changes to the two layers of Ethereum—the execution layer (L1) and the consensus layer (L2). Cancun will target the execution layer, while Deneb will target the consensus layer.The Ethereum Cancun upgrade was supposed to go live in October 2023. It was pushed back to Q1 2024, possibly January, following an Ethereum All Core Developers Consensus Call. The developers plan to release a Goerli shadow fork and test the upgrade by the end of 2023.

>>>> Click Here To Buy RETIK Tokens <<<<

Retik Finance on Fire, Presale Exceeds $2.4 Million

The most bullish news of the week has to be Retik Finance’s presale performance. The presale began two weeks ago and has seen tremendous investor interest, recently surpassing $2.4 million in raised funds. The success was evident from the first stage, which sold 15 million RETIK tokens in 72 hours to raise $450,000. The presale has progressed to the third stage, where investors can acquire RETIK at a discounted price of $0.05. The key reason behind Retik’s successful presale performance is its potential in the upcoming bull run. The DeFi platform has been hailed as one of the most promising Ethereum-based protocols for a 100x return.Retik Finance seeks to bridge the divide between digital and traditional finance, creating more possibilities for cryptocurrencies in real-world transactions. The platform bridges this gap with three key features: DeFi debit cards, a Web 3.0 wallet, and a payment gateway.The Retik DeFi debit cards are linked to the crypto wallet of the holder, enabling them to use their crypto assets for real-world purchases such as grocery shopping. They offer crypto and fiat currency payments, allowing holders to spend their crypto holdings anywhere globally. Holders are also eligible for up to 5% cashback with each purchase.The Retik Wallet is a non-custodial multi-chain wallet that connects cardholders’ real-world and decentralised finance activities. The wallet facilitates effortless balance monitoring and management. It also doubles as a comprehensive DeFi solution, allowing users to swap, stake, mine, earn yields, lend, and borrow within one application. One of its unique offerings is AI-powered lending, where participants match using machine learning technology, elevating the lend-borrow experience. The final core feature is Retik Pay, a next-gen payment gateway. Retik Pay provides a platform for online businesses to grow their customer bases by integrating crypto payments. Retik Pay is significantly faster, impervious to fraud and chargebacks, and available globally. It is also user-friendly and simple to integrate with traditional e-commerce platforms.Retik’s presale campaign will continue in the coming weeks before it is made available in the open market as a tradeable asset. Its value is projected to skyrocket following this development, with up to 100x returns possible for early-stage investors. The Retik Finance team has confirmed at least three top-tier listings, which will serve as a strong catalyst for growth. In addition, the team is holding a $333k giveaway to thank the crypto community for their unwavering support as the team works to usher in the next era of DeFi—Defi 2.0.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com/

Whitepaper: https://retik.com/retik-whitepaper.pdf

Linktree: https://linktr.ee/retikfinance

Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates