Nevertheless, some observers said there may have been fundamental reasons behind the gains. “The parabolic move by SHIB is mainly fueled by the coming Shibarium protocol,” shared Adam O’Neill, CMO at crypto exchange Bitrue, in an email. “This move is also partly coming from SHIB burnt token that has reached a total of 400 trillion milestone.”
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...