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Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. Despite wealthy memecoin entrepreneur President Donald Trump agreeing to an ethics deal, the Clarity Act.
The dog-themed memecoin is riding a wave of speculative interest from Korean retail investors, with Upbit trading volumes nearly matching Binance. Shiba Inu surged 36%, powered by an outsized wave of buying activity from South Korean retail traders. The rally pushed SHIB’s.
Bitcoin’s price climbed slightly on Saturday evening after US President Donald Trump halted the planned attacks on Iran, and jumped to $64,500 before it retreated slightly. Shiba Inu has stolen the show from the larger-cap alts, rocketing by over 35%. Most larger-cap alts are.
In another relatively boring and uneventful trading day during the weekend, in which most cryptocurrencies have remained sideways, the second-largest meme coin by market cap exploded in a rare reminder of what the niche used to do a few years ago. Some of the potential reasons.
The most recent data show that the self-proclaimed Dogecoin killer has almost 1.7 million holders. However, less than 1,000 wallets own the vast majority of the supply: a concentration hard to ignore and which raises eyebrows. Shiba Inu’s price has been in a major decline over.
The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon..
The latest Iranian attack on Kuwaiti soil adds fuel to a geopolitical crisis that has already triggered over $1 billion in crypto liquidations this year Iranian ballistic missiles struck Kuwait’s Academy of Security, igniting a massive fire at the facility and marking another.
