Robinhood Introduces Robinhood Connect To Enhance DeFi Accessibility; Circle Policy Head Shares Key Predictions on Potential Digital Euro; Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

Blockbank adds SHIB to the EARN program and offers up to 5% APY for staked tokens, benefiting long-term SHIB holders. It has taken another step toward expanding its support for Shiba Inu. In a recent announcement, blockbank added SHIB to its EARN program. This move is expected to benefit the long-term SHIB holders significantly, allowing them to earn interest of up to 5% APY on their staked SHIB tokens.

The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency.

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has shared an exciting message with the SHIB community in the official Shibarium Telegram group today. It comes at a time when the SHIB price is facing a make-or-break moment, as NewsBTC reported yesterday.

Shiba Inu (SHIB) is currently resting on a solid support level at $0.00001, leaving market participants speculating about its future moves. The coin may rebound from this level and resume its uptrend if the RSI climbs higher and trading volume picks up. Alternatively, SHIB may consolidate in a narrow range if the RSI remains stable and trading volume remains low, or it may experience further declines if selling pressure increases and the RSI drops. Traders may wait for clearer signals before making trades, as consolidation phases can last for extended periods before a decisive breakout occurs.

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Lithuanian fintech firm CoinGate, allowing Binance Pay users to conduct transactions at CoinGate-affiliated merchants using Shiba Inu ($SHIB) and other Binance Pay supported digital assets.

According to whale monitoring service WhaleStats, one of the largest whales on the Ethereum network, tagged as “BlueWhale0073,” has bought around 311.99 billion SHIB tokens for roughly $3.32 million in two separate transactions, after SHIB’ price dropped around 4.5% in a week.

Shiba Inu (SHIB) and SOV, which are gaining popularity due to their community-driven approach and viral marketing campaigns. These cryptocurrencies are often based on popular internet memes or cultural references, and are designed to appeal to a younger and more tech-savvy audience.

Whales have resumed their Shiba Inu buying spree as the meme coin price declined alongside the global crypto market. According to the WhaleStats report, a top ETH whale picked up $3.22 million worth of SHIB tokens over the past 24 hours.

Leading cryptocurrency payment gateway BitPay has recently announced a partnership with London-based fintech firm Ramp Network to provide its users with the option to purchase over 20 supported cryptocurrencies, which include the meme-inspired token Shiba Inu ($SHIB).