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Crypto

Shiba Inu eyes top 25 by market cap as 39 percent rebound scenario draws attention

On-chain indicators show 94.49 percent of Shiba Inu (SHIB) circulating supply is concentrated in 707 large wallets. If the concentration reflects liquidity leaving exchanges, price rebounds could be amplified when large buy orders enter, as less supply is immediately tradable. Etherscan data put major holders’ SHIB at about $2.36 billion. Technical signals on TradingView also suggest a possible rebound, with a 39 percent rise cited toward the 200-day EMA.

Crypto

Crypto industry to contribute $55 billion to U.S. economy, report says

The U.S. cryptocurrency industry employs about 34,000 people directly but is expected to contribute $55 billion to the U.S. economy in 2026, an analysis found. A report by the National Cryptocurrency Association and Pragmatic Policy Group put total supported jobs, including indirect and induced employment, at 232,000. It said average crypto pay is $133,000, above U.S. median wages. California, New York and Texas account for 60 percent of crypto jobs.

Crypto

Bitcoin rebound extends, but market still eyes $55,000 level

Bitcoin rebounds to around $66,000 after testing support at the 200-day exponential moving average, but the market remains cautious about further gains. A bearish dead cross on daily charts persists and trend strength indicators remain weak, while RSI signals room for upside. On Myriad, most traders expect $55,000 before $84,000. The Coinbase premium index has stayed negative since May, suggesting limited U.S. institutional buying.