Crypto News
SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground
Shiba Inu (SHIB) has stabilized following significant price volatility, establishing a consolidation pattern between $0.00001440 and $0.00001456. The meme token faced intense selling pressure with volume reaching 1.72 trillion during peak decline, but multiple tests of support at $0.00001440 showed strong buyer interest. Despite short-term fluctuations, blockchain data reveals remarkable holder loyalty, with over 1.13 million addresses maintaining their positions for more than a year, signaling confidence in SHIB's long-term prospects. The Shiba Inu ecosystem continues development with a significant Shibarium blockchain update focused on improving decentralization. This aligns with the team's strategy to enhance utility beyond meme status. While technical indicators show mixed signals with moderate bullish momentum but lacking strong breakout confirmation, AI predictions from platforms like Google's...
Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year
Jiuzi Holdings, Inc. plans to acquire 1,000 bitcoins over the coming year through a combination of fresh stock issuance and direct cash purchases, the company revealed this week. Jiuzi Holdings to Raise Capital Via Stock, Cash for 1,000 Bitcoin Investment The Hangzhou-headquartered enterprise, Jiuzi Holdings (Nasdaq: JZXN), stated that its board approved the dual-path acquisitionSource link
Anthropic Claude 4 Review: Creative Genius Trapped by Old Limitations
Anthropic's Claude 4 models show particular strength in coding and reasoning tasks, but lag behind in multimodality and context window size compared to Google and OpenAI offerings.Source link
Wall Street 2.0: Tokenized Treasuries Top $7B as Blackrock’s BUIDL Nears $3B
Tokenized U.S. Treasury bonds have officially surpassed $7 billion in aggregate value, gaining an additional $54 million over the course of the past week. Several top-tier funds have been accelerating in growth, delivering double-digit percentage returns throughout the past month, while Blackrock’s BUIDL stands a mere $101 million away from reaching the $3 billion benchmark.Source link
Buy a Burger With Bitcoin? Beware the Tax Risks, Experts Warn
Steak 'n Shake now accepts Bitcoin payments, but buying burgers (or anything else) with BTC comes with risks, tax experts told Decrypt.Source link