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Shiba Inu (SHIB) has been moving sideways for a while now. But the previous week was highly bullish for the meme coin. Over the past seven days, SHIB surged by nearly 9%. The asset went from trading at a low of $0.00001301 to a high of almost $0.0000150. While this is a reasonably low rise considering SHIB’s previous ascent, the community hopes for much more. Also Read: Can Binance Coin (BNB) Reclaim $700 by the End of September? Recent Performance of Shiba Inu In January 2021, Shiba Inu’s value increased by a notable 45,131%. This rally’s relevant background was highlighted in a CoinGecko report from last May. The report revealed that a $12 investment in SHIB yielded $1 million in 2021, which is an 8,333,233% spike. Source At press time, SHIB was trading at $0.00001441, following a 2.31% dip over the past 24 hours. The meme coin’s daily volume also plummeted by 15% to $161,932,281. Also Read: Does MetaMask Support Solana? Shiba Inu’s 1000% Rally Potential...

The US Securities and Exchange Commission (SEC) has targeted Ripple‘s proposed stablecoin in its latest court filing against the company. In a May 7 redacted remedies reply brief, the SEC described the planned token as an “ unregistered crypto asset .” Notably, the regulator did not explicitly mention a “stablecoin” in its filing. Instead, the SEC referenced Ripple’s press release of April 4 announcing the issuance of the dollar-pegged digital asset. The company revealed its intention to issue a stablecoin in April but has not provided further details about the token since then. 1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility. That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.… — Ripple (@Ripple) April 4, 2024 Moreover, the documents argue that this proposed ...

Bybit.nl brings more crypto services and products to Dutch users. The launch follows Bybit’s partnership with SATOS, a crypto platform with operations in the Netherlands and Belgium since 2013. Bybit has announced the launch of Bybit.nl, a regulated digital asset platform for users in the Netherlands. The crypto news comes as more people look into crypto trading and investing amid Bitcoin’s surged to above $70k. According to Bybit, expansion into Netherlands via Bybit.nl is part of the mission to bring crypto to more users across the globe. The new digital asset platform allows for this within the regulatory guidelines of the Netherlands. “ We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance ,” said Ben Zhou, co-founder and CEO of Bybit. Bybit taps SATOS to expand in the Netherlands Bybit is partnering with SATOS, a c...

Z-Prime is a Zignaly-powered solution that allows fund managers and high-net-worth individuals to operate and manage digital asset investment platforms. Zignaly has launched several products and solution since its founding in 2018. Zignaly, a Singapore-based social investing marketplace, has unveiled a crypto fund manage ment solution dubbed Z-Prime . The solution was officially launched today, September 13. Z-Prime is designed to help fund manage rs, high-net-worth individuals (HNWIs) and community leaders tap into Zignaly’s technology, the platform noted in a press release shared with CoinJournal. As a bespoke solution, Z-Prime will allow users to run their own investment manage ment platforms. Zignaly will handle all back-end services, including technology, accounting and onboarding – which will allow Z-Prime users to focus on providing better services for their customers. Choose from Z-Prime, Z-Prime Lite and Z-Prime VIP Z-Prime users can ch...

Solana slid into the outflow column this week as Bitcoin’s outflows streak continued. Cryptocurrency asset outflows for the week of Sep. 3 through 9 totalled $59.3 million, bringing the current run to $249 million over four consecutive weeks.  Bitcoin experienced the bulk of activity last week, with its $68.9 million in outflows offset by Short Bitcoin inflows in the amount of $15.2 million and $0.7 million from XRP. According to CoinShares, regulatory and financial markets insecurity are to blame for the streak: “We believe continued worries over regulation of the asset class and recent dollar strength are the most likely reasons for this. Trading volumes also dropped significantly, by 73% in comparison to the prior week to just $754 million for the week.” Last week also brought an end to Solana’s recent run. After nine weeks of in flows totalling $14.1 million and prompting CoinShares to suggest that it was “the most loved altcoin amongst investors,” Solana saw $1.1 million in outf...

In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland, in order to continue using the company's services. Cryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in Poland while remaining compliant with local regulations.  Binance Poland sp. z o.o., Binance’s Polish entity, will adhere to Polish regulatory standards for virtual asset service providers (VASPs), which requires Polish users to sign new terms and conditions with Binance Poland, in order to continue using the company's services.  Witam, Poland # Binance is fully compliant with Polish regulatory standards for virtual asset service provide rs (VASPs). This registration enables # Binance to provide crypto asset exchange and custody service s in the country. — Binance (@binance) January 18, 2023 Kyrylo Khomiakov, Binance's Head of Ukraine and Eastern Europe, stated that the company believes that effective r...