Global #cryptocurrency

As of this writing, the price of Shiba Inu (SHIB) is experiencing bearish issues, which could lead to a further decrease in the memecoin.

This Friday, the U.S. Roman Storm, the developer of Tornado Cash, asked the Department of Justice to drop the criminal accusations against him.

Exchange-traded funds (ETFs) exposed to Bitcoin or other cryptocurrencies will not receive any collateral from the Depository Trust and Clearing Corporation (DTCC), a financial services provider that handles clearing and settlement for the financial markets.

Following the Bitcoin halving incident, memecoins are increasing in value. The market was drawn to cryptocurrency traders by Pepe Coin, a well-known meme cryptocurrency. The surge in the value of Pepe coin (PEPE) has attracted the attention of cryptocurrency investors.

Popular blockchain tracker Whale Alert has revealed a noteworthy transfer of 20.28 million XRP tokens from well-known exchange Binance to an unidentified wallet. The tokens were valued at roughly $10.6 million at the time of transfer.

The cryptocurrency market has seen a significant change as well-funded investors, known as "whales," keep acquiring Bitcoin (BTC), pushing its price to all-time highs. Notably, a well-known Bitcoin whale has amassed 4,380 BTC in the last month, suggesting hope for an impending market recovery.

The head of Andreessen Horowitz (a16z), a venture capital firm based in the United States, compared the current memecoin craze to a “risky casino.”

Claims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied.

By utilizing artificial intelligence (AI), the Internal Revenue Service (IRS) is improving its oversight of bitcoin transactions.

American economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs).

The Canadian Association of Alternative Assets and Strategies (CAASA) and KPMG Canada recently produced a survey that indicates the country's acceptance of cryptocurrencies is growing.

Updates have been made to the Shiba Inu ecosystem in recent days in an effort to improve the cryptocurrency's long-term prospects. On-chain data also shows a positive tendency among SHIB investors behind the scenes, with the exchange balance hitting all-time lows.