Over the weekend, major developments rocked the crypto industry. Shiba Inu, a popular token, is on the brink of exiting the trillionaires club due to decreased whale transactions and trading activity. Meanwhile, Max Keiser dashed hopes for an XRP rally, stating it will never happen. On the other hand, Bitcoin shipped a major update with the release of Bitcoin Core 28.0, bringing improvements and bug fixes to enhance security and functionality.
(SHIB) on verge of exiting trillionaires club
Shiba Inu, a popular cryptocurrency, is facing a potential exit from the trillionaires club as whale transactions and trading activity decline significantly. Recent on-chain data shows a drop in large transactions, indicating reduced interest from larger holders. With whales retreating, the future of SHIB depends on a potential return of whale interest and overall market behavior.
XRP rally never going to happen: Max Keiser
Max Keiser, a vocal maximalist, poured cold water on XRP holders, stating that an XRP rally will never happen. This comes after the SEC's recent appeal against a ruling in its lawsuit against Ripple, causing a significant drop in XRP price. Despite the ongoing legal battles, XRP is currently trading in the green.
Bitcoin ships major core 28.0 update, what's new?
The Bitcoin development team has released Bitcoin Core 28.0, introducing various improvements and bug fixes to enhance security and functionality. This update addresses high-risk vulnerabilities affecting Bitcoin nodes, improving node resilience against attacks and supporting reproducible builds for transparency within the Bitcoin community.
Analysis:
Overall, the crypto market saw significant movements over the weekend, with potential implications for investors. Shiba Inu's possible exit from the trillionaires club signals a shift in whale activity, while XRP holders face uncertainty amid legal battles. On the other hand, Bitcoin's latest update aims to improve security and functionality, addressing vulnerabilities and enhancing transparency. Investors should closely monitor these developments to make informed decisions in the volatile crypto market.