Shiba Inu’s top executive believes the crypto market is on track for a super cycle akin to the prior post halving bullish sentiments.
Shiba Inu price is aiming to retest its all-time high in the coming weeks after last month’s bullish breakout from a macro bearish trend.
The total cryptocurrency market cap has been bleeding in the past few days ahead of the much anticipated fourth Bitcoin halving. Bitcoin (BTC) and Ethereum (ETH) prices have dropped about 3 percent in the past 24 hours leading to Thursday to trade around $61,611 and $3,005 respectively.
Heightened daily average trading volume for the stablecoins market shows that crypto traders have been taking refuge from the increased volatility. Nonetheless, on-chain data provided by CryptoQuant shows that Bitcoin whales have accumulated more than 27k BTCs in the past few days despite the fears of possible capitulation.
Furthermore, the impact of the upcoming Bitcoin halving is well-known based on prior events and the recent ado
SEC’s Hester Peirce says new stablecoin regs need to allow room for failure
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial…