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Crypto
Bitcoin nears $80,000 threshold as Treasury buybacks fuel rally
Bitcoin extended a rally toward $80,000 after gains tied to U.S. regulatory moves, a White House crypto summit and plans to expand long-term Treasury buybacks. XRP posted sharp weekly gains and broke a long-term downtrend line, while officials at the summit said an era of enforcement-focused regulation had ended. Market warnings persisted amid heavy short liquidations. In South Korea, Upbit and Bithumb saw surging volumes led by XRP.
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
Shiba Inu developer absence drags SHIB toward market cap top-30 exit
Shiba Inu\'s flagship token SHIB is at risk of falling out of the top 30 cryptocurrencies by market capitalisation, with its rank slipping to 29 amid a weak market. Lead developer Shytoshi Kusama has been inactive on X for more than a month, with no posts or reactions since May 13. Some investors question whether his focus on an R. OS application is shifting priorities away from SHIB’s ecosystem.
