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Find out what happened in the crypto industry over the weekend with U.Today’s top 3 news stories.
Shiba Inu (SHIB) is on the verge of leaving the trillionaire club
The Shiba Inu may be on its way out of the trionaire club, as whale trading and trading activity has decreased significantly in recent weeks. According to on-chain data, as of October 6, SHIB had only 88 large transactions, while the 383 transactions recorded on October 1 was the highest in seven days. This decrease in activity indicates a decline in interest from large holders. This trading volume decreased from a seven-day high of SHIB 8.27 trillion on Monday, October 1st to SHIB 1.6 trillion on Sunday, October 6th. This significant decline indicates that the whales are retreating, perhaps waiting for clearer signals or opportunities. The bottom is for re-entry. At the time of writing, SHIB is trading at $0.00001841, up 3.35% in the past 24 hours, according to CoinMarketCap. The future of this coin now depends on whether whale interest returns and how the market as a whole behaves, especially as it faces difficulty breaking through significant resistance levels that are limiting upside. It’s taking place.
The XRP rally will never happen: Max Kaiser
In a recent post on X, Bitcoin maximalist voice Max Kaiser threw cold water on the Ripple-related token XRP. According to Keiser, the token has zero chance of rising. “XRP holders are waiting for a rally that will never happen,” writes a former financial journalist, with a GIF of a baby bird struggling to eat a bug, opening its mouth and doing nothing. explains the plight of To catch it. Kaiser’s comments came after news of the SEC’s recent appeal of Federal Judge Annalisa Torres’ ruling in the case against Ripple. After the announcement of the appeal, XRP price witnessed a significant decline. However, XRP is currently trading in the green, increasing by 1.74% in the past 24 hours to $0.5428. Ripple CEO Brad Garlinghouse called the SEC’s appeal “frustrating,” even though the company has already spent more than $200 million in legal battles against the regulator. I vowed to keep fighting.
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Bitcoin’s major Core 28.0 update has been released. What’s new?
The Bitcoin development team has released an update to the protocol, introducing Bitcoin Core 28.0, nearly six months after the debut of the previous version, Bitcoin Core 27.0. This new update includes various improvements and bug fixes aimed at enhancing the functionality and security of Bitcoin Mainnet, and also upgrades privacy features for users. This release follows recent alerts about high-risk vulnerabilities that affect one in six Bitcoin nodes and leave them vulnerable to denial of service (DoS) attacks. Security enhancements in Bitcoin Core 28.0 resolve these issues and make nodes more resilient to attacks. Additionally, this update supports reproducible builds, allowing users to compile identical binaries in addition to those distributed on the BTC Core official website, increasing trust and transparency within the Bitcoin community. Promote sex.
