Significant investors in the meme-inspired cryptocurrency Shiba Inu (SHIB) have increased their holdings dramatically, setting off on-chain fireworks. This is a noteworthy example of whale activity. These major players amassed an astounding 2.85 trillion tokens in a single day.
Read MoreAccording to CoinDesk Indices data, several Hong Kong issuers have announced that they have been licensed for spot cryptocurrency exchange-traded funds (ETFs). As a result, Bitcoin (BTC) has increased 2.8% in the last 24 hours, trading above $66,500, and ether (ETH) has climbed to $3,240.
Read MoreOver the past day, the price of Ripple [XRP] has dropped once more, casting doubt on the company's prospects in the cryptocurrency space.
Read MoreGuy Ficco, the chief of IRS criminal investigation, stated that throughout tax reporting season, his organization has grown more proactive and equipped to handle tax crimes involving cryptocurrency.
Read MoreThe Liberal Democratic Party, which is in power in Japan, wants the government to implement "immediate" crypto tax reforms.
Read MoreMany of the early supporters of Dogecoin (DOGE) and Shiba Inu (SHIB), who gained enormous profits from their purchases, are now opting to invest in FLYSHIB. Before Tuesday, Flying Shiba Inu (FLYSHIB) is expected to rise 7,000% in anticipation of the news that the new memecoin would be launched on MEXC.
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