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Crypto

Shiba Inu daily burn value just $4 as burn rate drops 72 percent

Shiba Inu\'s daily token burn rate fell 72.04 percent, with 936,689 SHIB burned in the past 24 hours worth about $4. Weekly burns also dropped, reflecting weaker trading across the broader crypto market. Santiment said trading volumes in major non-stablecoin and stablecoin assets were near multi-quarter lows. Derivatives indicators pointed to rising bearish sentiment. The token price remained weak but rose 1.87 percent after U.S. CPI data.

Crypto

Bitcoin at crossroads as pullback mirrors pattern before 2022 eightfold surge

Bitcoin is showing a price structure similar to the 2022 bear market, an analysis said. Analyst TARA sees an ABC correction pattern and warned the current rebound could be a temporary relief rally, with further declines possible. He said confirmation would require a rebound to at least $72,800 that then turns into resistance, implying a roughly 17 percent rise from $61,900. He also cited the rapid final leg of declines in 2022 and did not give a target.

Finance

Supply chain reshuffle, tech rivalry deepen; call grows for more precise financial policy

Calls are growing to redefine the roles of policy finance and private finance and to change not only the scale of funding but also how it is allocated, as supply chain uncertainty and technology rivalry intensify. Speakers at a Seoul seminar said financial policy should be refined to support strategic industries, small manufacturers and early-stage innovators. They also cited the need to expand direct finance and venture capital, improve exit markets and strengthen expertise at financial institutions.