Global

The competition between the world’s largest meme coin, Dogecoin (DOGE), and its main rival, Shiba Inu (SHIB), is heating up as DeLorean Motors teases the possibility of accepting SHIB as payment for its upcoming electric vehicles.

Cryptocurrency trading platforms that do not verify user identities during onboarding are known as non-KYC exchanges. These platforms prioritize user anonymity and privacy, attracting those who value discretion, live in regions with stringent financial regulations, or wish to minimize their digital footprint.

In this week’s report, we examine the latest happenings in the cryptocurrency market, including significant regulatory developments, shifts in stablecoin market shares, and the implications of recent volatility in traditional markets.

The Sui Foundation has officially rebutted allegations circulating on social media regarding $400 million in insider selling during the recent price surge of the SUI token.

The Open Interest (OI) weighted funding rate for Bitcoin has surged to 0.012%, a level not seen since July 27, when Bitcoin briefly touched $68,000.

The staking wallet associated with FTX/Alameda has made headlines today by redeeming 178,631 SOL, valued at approximately $28 million. This move continues a consistent pattern of withdrawals that have been observed between the 12th and 15th of each month.