Shiba Inu ($SHIB) just witnessed a massive token burn, sending shockwaves through the crypto space! 🔥
Key Highlights:
✅ Burn rate surges by 13,070.90% in the last 24 hours. ✅ 2.25 billion $SHIB incinerated in a single transaction. ✅ 410.63 trillion $SHIB permanently removed from circulation.
Why This Matters:
Token burns reduce supply, potentially driving demand and price appreciation. With $SHIB currently trading at $0.00001696 (+0.60%), will this burn trigger a major rally? 📈
What’s Next?
Keep an eye on burn metrics and whale movements.
Watch for market sentiment shifts as supply continues to shrink.
More burns = Higher scarcity = Potential price surge!
Stay updated and don’t miss out on the next big move!
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BTC is holding near $79K as traders watch the next breakout. $BTC is currently around $79.2K, with the $82K–$83K resistance zone remaining important. A strong break above this area could improve bullish momentum, while losing the $78.7K support could bring more downside pressure.
1️⃣ **Follow MAHI BNB** ✅ 2️⃣ **Like & Comment “BTC”** ✅ 3️⃣ **Repost This Post** 🔄✅ 4️⃣ **Stay Tuned for the Next Gift 🎁🧧** ✅
For now, volume + price action are key. Stay patient and manage risk. 📊
The “sweet spot poison pill” of index weights: SpaceX’s $12.4 billion passive buying is about to collide head-on with a flood of 2.3 billion shares set to be unblocked
A “non-fundamental” rally triggered by index rules The wave of buying ahead for SpaceX has little to do with its business prospects. It’s more like a mechanical outcome produced after an index construction rule that few people pay attention to gets triggered. The Nasdaq 100’s quarterly rebalance effective September 21 is expected to raise SpaceX’s weighting from 1.25% to about 1.51%. According to a team led by JPMorgan strategist Min Moon, this adjustment will trigger roughly $12.4 billion in passive net buying. The direct reason for the jump in weighting is that the free-float ratio has risen from less than 10% after the IPO to nearly 30%—after more than 1 billion shares of lock-up stock are released, the index rules automatically amplify the inclusion weight of this mega-cap with a market value of more than $2 trillion.
Ripple CLO Stuart Alderoty Calls on Senators to Meet Real Crypto Holders Ahead of CLARITY Act Vote Ripple Chief Legal Officer Stuart Alderoty has taken a direct approach as the U.S. Senate prepares for a crucial procedural vote on the CLARITY Act. Alderoty is actively urging undecided and opposing senators to step away from corporate lobbyists and meet face-to-face with everyday cryptocurrency holders before casting their votes. Key highlights surrounding the push include: The Human Element: Alderoty emphasized that senators need to hear real stories from ordinary citizens who own digital assets rather than just listening to industry executives. Massive Scale: Highlighting the weight of the community, Ripple pointed out that the U.S. currently has 67 million crypto holders, an ecosystem supporting 232,000 jobs, and a sector generating roughly $55 billion in economic activity. The Legislative Hurdle: The upcoming Senate procedural vote faces a strict threshold requiring at least 60 votes to clear the way for formal debate, amid growing political scrutiny and ethical concerns raised by some lawmakers. As the crypto industry pushes for a clear federal regulatory framework, this grassroots-focused appeal aims to remind lawmakers of the millions of everyday Americans directly impacted by digital asset policies. #Ripple #XRP #CryptoRegulation #CLARITYAct #BinanceSquare #CryptoNews$XRP $USDC #dyor