Shiba Inu (SHIB) is facing a potential exit from the "trillionaires club" as whale transactions have significantly dropped over the past few weeks. On-chain data shows that on Oct. 6, large SHIB transactions were down to 88, with the highest activity in recent days hitting 383 on Oct. 1. More strikingly, transaction volume plummeted from 8.27 trillion SHIB on Oct. 1 to just 1.6 trillion SHIB by Oct. 6. This slowdown could indicate that whales are retreating, possibly waiting for the market to show stronger signals before re-entering. Despite this, SHIB's price remains resilient, up 3.35% in the past 24 hours. The key question now is whether whale activity will pick up again and push SHIB past critical resistance levels.
Max Keiser: XRP Rally? Not Happening
Max Keiser, a known Bitcoin advocate, is not holding back when it comes to XRP. In a recent post, he claimed that an XRP rally is "never going to happen," poking fun at XRP holders with a playful GIF. This comes as the SEC continues its legal battle with Ripple, following the recent appeal that shook the token's price. Ripple's CEO, Brad Garlinghouse, expressed frustration over the SEC's continued push, revealing that the company has already spent over $200 million in legal fees. While XRP saw a drop after the appeal news, it’s now slightly recovering, up 1.74% at $0.5428. The future remains uncertain as the legal drama unfolds, but XRP holders are still holding on.
Bitcoin Core 28.0: What’s New?
Bitcoin's development team just rolled out a significant upgrade: Bitcoin Core 28.0. This latest update brings various improvements and bug fixes aimed at making the Bitcoin mainnet more secure and functional. Among the most notable enhancements are upgraded privacy features, providing users with more secure transactions. This is a key step forward in keeping Bitcoin at the forefront of innovation and adoption in the crypto space.
These developments are shaping the crypto landscape, so keep an eye on the market as things continue to evolve!
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