Thailand&#8217;s proposal to launch a cryptocurrency sandbox for foreign tourists has reached the public hearing stage. The program will be a joint effort between the SEC and the central bank. According to a recent report from Bangkok Post, government regulators…

Thai SEC and central bank’s ‘crypto sandbox’ reaches public hearing stage

The transfer may signal a strategic liquidation, potentially impacting XRP&#8217;s 
market dynamics and investor sentiment amid its price surge.
The post Ripple co-founder&#8217;s wallet sends $26 million in XRP to Coinbase as 
token nears all-time high appeared first on Crypto Briefing.

Ripple co-founder’s wallet sends $26 million in XRP to Coinbase as token nears all-time high

U.S. stocks opened mostly flat on Thursday as investors balanced upbeat 
sentiment with caution around tariffs. The Dow Jones Industrial Average gained 
140 points, while the S&amp;P 500 remained flat as Wall Street assessed a series 
of earnings reports from…

Dow, S&P 500, Nasdaq largely flat despite key earnings reports

Shiba Inu’s exchange reserves have hit a new low, the lowest level since 2023, 
providing a bullish outlook for the top meme coin. Based on this development, 
SHIB looks well primed for a parabolic rally, which could happen soon. Shiba 
Inu’s Exchange Reserves Hit Lowest Level Since 2023 CryptoQuant data shows 
that Shiba Inu’s exchange reserves have dropped to their lowest level since 
January 2023. This metric refers to the amount of SHIB that is held in wallets 
linked to crypto exchanges. As such, the drop in these reserves indicates that 
there has been a massive accumulation by whales who have been moving coins to 
cold storage for long-term holding. Related Reading: Shiba Inu Breakout 
Programmed: Diamond Hands Are Up 783%, SHIB Burn Rate Explodes 1,784% This 
development is significant as a price surge could follow, with Shiba Inu 
rallying to new highs. In 2023, as the exchange reserves began to decline, 
SHIB witnessed a God candle, which sent its price above the psychological 
$0.00003 level. The meme coin surged from a low of around $0.000007 back then. 
IntoTheBlock data also shows that Shiba Inu whales are back to accumulating 
SHIB, which could spark this rally as demand outweighs supply. Over the last 
week, SHIB’s largest transactions have been steadily climbing from the lows 
recorded in June when the meme coin fell to the support level at $0.000010. It 
is also worth noting that Shiba Inu’s correlation with Bitcoin is 0.92, 
indicating a strong positive correlation between the two assets. As such, the 
meme coin could also skyrocket as the leading crypto targets new all-time 
highs (ATHs). BTC is looking to reclaim the $120,000 psychological level, a 
development which could help SHIB maintain its momentum as it rallies towards 
$0.000020. Another Rally To $0.000030 In Sight For SHIB In an X post, crypto 
analyst Javon Marks confirmed that Shiba Inu is eyeing another rally to 
$0.000030. He stated that in the short term and based on confirmed data, SHIB 
is expected to reach the $0.000032 level in response to a bullish divergence. 
The analyst noted that this move itself is over 135% and could only be the 
start of a larger bullish reversal. Related Reading: Shiba Inu Price Could See 
180% Explosion As This Indicator Flashes Bullish Divergence The analyst had 
earlier revealed that Shiba Inu had confirmed a clear bullish divergence on 
its Moving Average Convergence Divergence (MACD). Marks further remarked that 
this development points to a nearly 180% upside, which would send the meme 
coin back to around $0.000032. Meanwhile, crypto analyst Investing Haven also 
confirmed that the targets of $0.000044 to $0.000066 remain valid for the top 
meme coin. At the time of writing, the Shiba Inu price is trading at around 
$0.00001439, up over 5% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Shiba Inu Exchange Reserves Hit Lowest Level Since 2023 — Why A Price Surge Could Follow

Boosty Labs founder and CEO Viktor Ihnatiuk told Cointelegraph that Tether’s 
USDT will be RGB’s first real-world use case for stablecoin transfers on 
Bitcoin.

RGB Protocol to bring tokenized assets, USDT to Bitcoin

BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in 
TVL since January 2024, driven by new protocols and institutional inflows, but 
still faces adoption hurdles due to trust.