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🚀🚀 Buckle up, BTC enthusiasts! Meme coin Shiba Inu (SHIB) is making waves with a whopping 300% increase in token burns in just 24 hours! 🔥🔥 Almost 100 million SHIB tokens have been removed from circulation, following a similar trend last month when over 15.5 billion assets were destroyed. The goal? To reduce the maximum supply of nearly 1 quadrillion SHIB tokens, making them scarcer and potentially more valuable over time. 💰💰 But that's not all! SHIB's price has also seen a green light, up around 4% on a daily scale. This coincides with the overall market recovery, with our beloved Bitcoin (BTC) soaring to $72,000 and Ethereum (ETH) reclaiming the $3,600 mark. 📈📈 There's more good news for SHIB! The development of the layer-2 blockchain solution Shibarium could positively impact SHIB’s value. Launched last summer, Shibarium aims to support the development of decentralized applications (dApps), including DeFi projects, non-fungible tokens (NFTs), and gaming applications, within the Shiba Inu ecosystem. 🎮🎮 Shibarium also aims to enhance user experience with high transaction throughput and lower costs, making it an attractive platform for developers and participants in the cryptocurrency space. Earlier this month, Shibarium surpassed the 4 million mark in terms of total blocks. 🎉🎉 So, keep your eyes on the prize, BTC fans! The crypto world is full of surprises! 🌍🌍

🚀🚀 Buckle up, BTC enthusiasts! Meme coin Shiba Inu (SHIB) is making waves with a whopping 300% increase in token burns in just 24 hours! 🔥🔥 Almost 100 million SHIB tokens have been removed from circulation, following a similar trend last month when over 15.5 billion assets were destroyed.

The goal? To reduce the maximum supply of nearly 1 quadrillion SHIB tokens, making them scarcer and potentially more valuable over time. 💰💰

But that's not all! SHIB's price has also seen a green light, up around 4% on a daily scale. This coincides with the overall market recovery, with our beloved Bitcoin (BTC) soaring to $72,000 and Ethereum (ETH) reclaiming the $3,600 mark. 📈📈

There's more good news for SHIB! The development of the layer-2 blockchain solution Shibarium could positively impact SHIB’s value. Launched last summer, Shibarium aims to support the development of decentralized applications (dApps), including DeFi projects, non-fungible tokens (NFTs), and gaming applications, within the Shiba Inu ecosystem. 🎮🎮

Shibarium also aims to enhance user experience with high transaction throughput and lower costs, making it an attractive platform for developers and participants in the cryptocurrency space. Earlier this month, Shibarium surpassed the 4 million mark in terms of total blocks. 🎉🎉

So, keep your eyes on the prize, BTC fans! The crypto world is full of surprises! 🌍🌍

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📣 Heads up, BTC enthusiasts! 🚀 Coinbase's recent report rings alarm bells over the dwindling crypto talent in the US, despite a surge in corporate interest. The US crypto developer pool has shrunk by 14 points over the last five years to a mere 26% today. 😲 Top Fortune 500 execs are worried about this talent shortage, viewing it as a bigger hurdle to crypto adoption than regulatory issues. Meanwhile, smaller businesses are on the hunt for crypto-savvy individuals to join their IT, tech, finance, and legal teams. 🧐 Coinbase emphasizes the need for regulatory clarity to retain this talent within the country. 📚 Despite the talent drain, the US is witnessing a boom in on-chain projects, with a 39% increase in Web3 initiatives by Fortune 100 companies. 🚀 The report also celebrates the approval of a spot Bitcoin ETF earlier this year, with assets under management for spot Bitcoin ETFs exceeding a whopping $63 billion! 💰 However, Senator Cynthia Lummis warns that the Biden administration's strict stance on Bitcoin and digital assets could drive the industry overseas, potentially jeopardizing America's leadership in financial innovation. 🌎 In other highlights, payment companies like PayPal and Stripe are making strides in making crypto, particularly stablecoins, more accessible. Stripe now allows merchants to accept USDC payments, which automatically convert to fiat. PayPal supports transaction-free cross-border transfers across 160 countries. 🌐 The report concludes that crypto can potentially increase access to financial systems, thus banking the underbanked and unbanked. But for this to happen, the US must take the lead in the crypto space. 🏁 Stay tuned for more updates, BTC fans! 🎉
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🚀BTC Buzz🚀: Bitcoin took a slight dip to $65,000 on June 14, marking a 5% drop from last week. But don't fret, zoom out and you'll see BTC is still consolidating since March! 📈 Analyst James Check notes, "Bitcoin very rarely goes this quiet." The 30-day price range is a mere 8.3% apart. So, what's next? Either BTC becomes a stablecoin or volatility is just around the corner. 🎢 The Bitcoin sell-side risk ratio is low, hinting most profit and loss have been realized. The market needs a move to spark the next spending spree, says Check. The 'Choppiness Index' suggests the market is ready to trend weekly but needs a monthly rest. 🛌 Check's prediction: short-term volatility, but not necessarily a long-term trend continuation. The base case for Bitcoin remains 'chop-solidation' - small pumps and dumps shaking out impatient holders. 🎠 Analyst 'Rekt Capital' sees the struggle to break out as beneficial for the overall cycle, aligning the price with historical halving cycles for a "normal, usual bull run." 🐂 Bitcoiner Samson Mow predicts a huge candle is coming as "the BTC coil is super compressed now." 🕯️ Market analyst Jacob Canfield sees two scenarios: a sweep low to around $66,000 before a "strong reaction bounce" to $70,000, or a "deep capitulation wick" down to $60,000-$62,000. 📊 At present, BTC is 10% down from its mid-March high but remains range-bound with a lower boundary just below $60,000. So, is it the calm before the storm or a new stable era for Bitcoin? Stay tuned! 📻
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