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The Shiba Inu community is abuzz with excitement as the burn rates for Shiba Inu tokens have skyrocketed by an astonishing 4527%. This surge comes on the heels of a significant achievement for the ecosystem—Shibarium, the blockchain platform designed for Shiba Inu, has successfully processed its 6 millionth block.

The cryptocurrency market has once again been rocked by volatility, with a weekend of euphoria giving way to fear as the new week begins. Bitcoin, the flagship cryptocurrency, saw a significant 5.7% drop over the past 12 hours, shedding $4,000 from its price, plummeting from $70,000 to just below $66,000 during early Asian trading on Tuesday, where it found support.

As the U.S. federal government's outstanding borrowing hits a staggering $35 trillion, concerns about national debt and its implications for the economy are more pronounced than ever. Historically, mounting national debt has often led to increased inflationary pressures and a loss of confidence in traditional fiat currencies.

Base, a prominent player in the blockchain ecosystem, has unveiled its latest upgrade named "Exodus," marking a significant milestone in its journey towards enhanced transaction processing capabilities.

​In a significant development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) has revised its lawsuit against Binance, the world’s leading crypto exchange.

​Recent data from Etherscan and Gasfees.io indicate a significant decrease in Ethereum gas fees, with the average mainnet fee plummeting to 4 Gwei, approximately $0.21 per transaction.

Cantor Fitzgerald, a renowned financial services firm, is setting its sights on a significant expansion into the Bitcoin financing sector with an initial capital injection of $2 billion.

​Nine U.S. spot Ethereum exchange-traded funds (ETFs) faced significant outflows totaling $98.29 million on Monday, marking the fourth consecutive day of negative flows for these products.

Mt. Gox, once the world's largest cryptocurrency exchange, has recently begun test transfers as it prepares to move a substantial amount of Bitcoin. The test is a crucial step in the process of distributing 80,500 BTC to creditors, a significant milestone in the long-awaited resolution of the exchange’s bankruptcy proceedings.

In recent trading sessions, Bitcoin's price has experienced a noticeable pullback, raising questions among investors and analysts about whether the bulls will regain control or if the selling pressure will persist.

Since its launch in May, the Solana-based PYUSD stablecoin has experienced remarkable growth, amassing nearly $240 million in supply. This rapid expansion contrasts with the Ethereum-based PYUSD tokens, which have a supply of approximately $348 million after nearly a year on the market.

Anoma, a prominent player in the cryptocurrency and blockchain space, is currently in negotiations for a significant funding round, aiming to secure $40 million at a valuation of $1 billion.