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Crypto Headlines for the Day 🚨 🔥 1️⃣A recent Bernstein report predicts the Bitcoin (BTC) and Ether (ETH) ETF markets could grow to a combined value of $450 billion - 2️⃣BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed the Grayscale Bitcoin Trust, becoming the largest spot Bitcoin ETF globally 3️⃣ $ Contributes Another $25 Million to Pro-Crypto Political Group Fairshake ! - 4️⃣Bitcoin’s hashrate has rebounded to historic highs, reaching levels seen just before the fourth reward halving event. 5️⃣Researchers Recover $3M in Bitcoin from 2013 Wallet by Retrieving Lost Password ! #bitcoin #Binance #CryptoNews

Crypto Headlines for the Day 🚨 🔥

1️⃣A recent Bernstein report predicts the Bitcoin (BTC) and Ether (ETH) ETF markets could grow to a combined value of $450 billion -

2️⃣BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed the Grayscale Bitcoin Trust, becoming the largest spot Bitcoin ETF globally

3️⃣ $ Contributes Another $25 Million to Pro-Crypto Political Group Fairshake ! -

4️⃣Bitcoin’s hashrate has rebounded to historic highs, reaching levels seen just before the fourth reward halving event.

5️⃣Researchers Recover $3M in Bitcoin from 2013 Wallet by Retrieving Lost Password !

#bitcoin #Binance #CryptoNews

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🔥 Wow, Shiba Inu (SHIB) is on fire! 💸 The token burn rate has skyrocketed by a whopping 863.58% in the last 24 hours, with a mind-blowing 107,081,056 SHIB tokens removed from circulation. That brings the total number of SHIB tokens burned over the past week to 368,456,226! 🤯 For those who don't know, token burning is like a deflationary mechanism that reduces the total supply, making the tokens more scarce and potentially driving up their value. And with Shiba Inu's massive supply, these significant burns can have a major impact on its market dynamics! 🌊 However, despite this incredible burn rate, SHIB's price has remained relatively low, reflecting the broader crypto market trends. It's currently trading at $0.00002176, with a modest 0.41% increase in the past 24 hours. But, trading volume has taken a hit, plummeting 56.62% to $340.81 million. 😔 From a technical perspective, SHIB looks mixed. Its Relative Strength Index (RSI) stands at 39.71, which means it's neither oversold nor overbought. The RSI is a momentum oscillator that measures the speed and change of price movements. 📈 On the bright side, SHIB's price remains above its 200-day Exponential Moving Average (EMA) and 200-day Simple Moving Average (SMA). These moving averages are widely watched indicators that help smooth out price action over a given period. Trading above these averages is typically seen as a bullish sign, suggesting that SHIB's long-term trend may still be positive despite recent price weakness. 🌈 What do you think? Is SHIB poised for a comeback? Let me know in the comments! 💬 #shiba⚡ #Shibalnu
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