XRP has recently demonstrated notable resilience, with its price ascending beyond the $1.25 mark. This upward trajectory is attributed to growing optimism surrounding Ripple's legal situation and the prospective introduction of an XRP spot ETF.
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, emphasized XRP's robust community support and the technological prowess of the XRP Ledger (XRPL). He likened Ripple's current challenges to "operating with two hands tied behind your back," suggesting that resolution of legal uncertainties could unlock substantial growth for XRP. Bitwise's filing for an XRP ETF underscores this confidence, indicating potential for increased institutional adoption.
Institutional interest is further evidenced by entities like Société Générale exploring XRP's capabilities. Analysts have noted that XRP's monthly Bollinger Bands are expanding, a pattern reminiscent of its significant surge in 2017, hinting at the possibility of a similar bullish run. SHIB's Volatility Amid Massive Token Burns and Whale Movements
Shiba Inu (SHIB) has experienced heightened volatility, marked by substantial token burns and significant whale activity. In a single hour, over 28 million SHIB tokens were burned, contributing to a 3,255% increase in the burn rate. Despite these efforts to reduce supply, SHIB's price has declined by approximately 6%, reflecting broader market trends.
Whale behavior has significantly influenced SHIB's market dynamics. A prominent whale recently liquidated 250 billion SHIB, realizing a profit of $109 million, and still retains over 2 trillion SHIB. Such large-scale transactions have led to a 20% decrease in addresses holding between 10 million and 100 million SHIB, indicating a shift in investor sentiment.
These movements have contributed to a broader market sell-off, with SHIB's trading volume surging by 110% to 34.1 trillion tokens, equating to $801 million. This activity aligns with a $410 million liquidation across
$SHIB 500,000,000 XRP in 24 Hours Secured: What Happened?
In a startling move that sent ripples across the cryptocurrency industry, over 500 million XRP—valued at approximately $275 million USD—was transferred in a 24-hour period, triggering widespread speculation and raising key questions about Ripple’s ongoing strategies, institutional interest, and potential market impacts.
The Transfers: What We Know
According to blockchain tracking service Whale Alert, a series of high-volume XRP transactions occurred between May 31 and June 1, 2025. These included:
Multiple transfers exceeding 100 million XRP each
Movements between Ripple-controlled wallets, unknown wallets, and major exchanges like Binance and Bitstamp
A noticeable portion directed toward cold storage addresses, indicating possible long-term holding intentions
These transactions were executed with remarkable speed and efficiency, made possible by XRP Ledger’s low fees and high throughput.
Speculation and Theories
The massive movement of XRP has fueled several theories within the crypto community:
1. Institutional Accumulation
Some analysts believe the transfers may signal institutional accumulation, possibly linked to Ripple’s expanding partnerships in cross-border payments. Recent collaborations in Latin America, the Middle East, and Southeast Asia suggest growing demand for XRP as a bridge asset.
2. Ripple Strategic Reallocation
Others suggest Ripple is reallocating tokens between internal accounts, preparing for future liquidity provisioning, ODL (On-Demand Liquidity) expansion, or escrow releases. Notably, Ripple typically releases 1 billion XRP from escrow each month, and unutilized portions are re-locked, making tracking and timing important.
3. Pre-SEC Case Resolution Moves
While Ripple’s legal battle with the U.S. SEC has largely cooled after favorable rulings in 2024, speculation lingers that Ripple may be positioning assets in anticipation of a final settlement, further regulatory clarity, or relisting events on U.S.-based exchanges.
$SHIB $SHIB Shiba Inu's Burn Rate Surges Over 7,000% as 1.1 Billion SHIB Vanish
In a remarkable development, Shiba Inu (SHIB), the popular meme-based cryptocurrency, has witnessed a staggering increase in its token burn rate. Over the past 24 hours, the burn rate has surged by more than 7,000%, resulting in the incineration of over 1.1 billion SHIB tokens. This significant spike in burn activity coincides with the launch of ShibTorch V2, an upgraded burn mechanism aimed at reducing the token’s circulating supply.
The Shiba Inu ecosystem has adopted a deflationary model, where periodic token burns are expected to create scarcity and potentially drive up the token’s value over time. The recent burn event marks one of the most substantial daily burn events in recent history. Despite the large burns, SHIB’s price has remained relatively stable, trading at $0.00001874, reflecting only a minor 0.22% increase in the past day.
Market analysts suggest that while burns help in reducing supply, a stronger catalyst—such as increased adoption, major exchange listings, or a surge in trading volume—is necessary to push the price significantly higher. Technical indicators present a mixed picture for SHIB. The MACD histogram remains in bearish territory, suggesting that selling pressure is still dominant. However, the RSI indicator at 38.16 hints that the token is approaching oversold conditions, which could attract bullish momentum in the near future.
The Shiba Inu community continues to actively participate in the burn process, with holders contributing to reducing SHIB’s circulating supply. The development team has introduced various means to facilitate burning, including sending transactional fees collected and later converted into SHIB to dead wallets. The Layer 2 blockchain for the project, Shibarium, also supports burning, where part of the transaction fees on it are utilized to reduce the tokens in circulation.
$SHIB $SHIB Shiba Inu Price Prediction: SHIB Burn Rate and TVL Skyrocket But Investors Are Buying This Coin Instead
Shiba Inu (SHIB), the popular meme coin that once captured the imagination of the crypto community with Dogecoin-style virality, is making headlines again. Recent data shows a surge in SHIB's burn rate and a notable increase in its Total Value Locked (TVL) on decentralized platforms. Yet despite these bullish on-chain signals, investor behavior suggests a shift in momentum—capital is flowing elsewhere.
So what’s going on with SHIB? And why are investors pivoting toward a different crypto project? Let's break it down.
SHIB Burn Rate Explodes: Deflation on the Rise
According to on-chain tracking services, Shiba Inu's burn rate has skyrocketed by over 800% in the past week. Over 1.2 billion SHIB tokens were sent to dead wallets, permanently removing them from circulation.
The increased burn rate is a result of both automated protocols and community-driven burn events, which aim to create scarcity and potentially push the price upward. SHIB’s lead developer, Shytoshi Kusama, has continued to emphasize deflationary mechanics as a core part of the project’s long-term value proposition.
Why the Burn Rate Matters
Reduces supply: A higher burn rate decreases circulating supply, theoretically increasing token value if demand holds steady.
Investor sentiment: Burn events often trigger temporary price surges as traders speculate on future scarcity.
Total Value Locked (TVL) in Shibarium Surges
Another promising indicator is the growing TVL in Shibarium, Shiba Inu’s layer-2 blockchain built on Ethereum. The TVL has jumped over 40% in the last month, signaling increased usage of SHIB-based DeFi applications, such as staking, liquidity pools, and decentralized exchanges.
This uptick suggests that Shibarium is gaining traction among developers and users. However, critics point out that SHIB still lacks strong utility compared to larger DeFi ecosystems like Ethereum or Solana.
$XRP $XRP Angel Investor Says XRP Doesn’t Need to Hit $10,000 to Change Your Life ,
In the ever-speculative world of cryptocurrency, price targets often steal the spotlight. Bold predictions about coins like XRP reaching $10,000 per token are not uncommon in online forums and social media. However, one angel investor is challenging this narrative, emphasizing that life-changing wealth from XRP doesn't require such extreme valuations.
A Realistic Take on XRP
In a recent interview, a well-known angel investor and early crypto adopter (who prefers to remain anonymous) shared a grounded perspective on XRP’s potential. “You don’t need XRP to hit $10,000 for it to make a major impact on your financial future,” they stated. “In fact, even a move to $10 or $50 could be transformative — if you're positioned correctly.”
XRP, the native token of the XRP Ledger developed by Ripple Labs, has long been seen as a utility-based cryptocurrency designed for cross-border payments. Its strong ties to institutional finance and ongoing legal battles with the U.S. Securities and Exchange Commission (SEC) have made it one of the most closely watched assets in the crypto space.
It’s About Strategy, Not Just Price
The investor emphasized that wealth creation in crypto isn’t solely about hitting massive price targets. “It’s about when you get in, how much risk you take, how you manage your portfolio, and what you do when the market moves,” they explained.
Someone who accumulated XRP during bear markets — when prices were well under $1 — could see substantial gains even if XRP only reaches $5–10 in a bull cycle. With proper planning, such growth could mean paying off debt, buying a home, or funding early retirement.
The Myth of $10,000 XRP
Speculation about XRP reaching thousands of dollars per coin is largely based on ideas that XRP will become the primary bridge currency for global financial systems.
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$SHIB Viral Passive Income Platform Sells 280 Million Tokens in Just 13 Days, While SHIB Price Stalls at 2023 Levels
In a striking show of investor appetite for passive income opportunities in the crypto space, a newly launched platform has sold over 280 million tokens in less than two weeks. The rapid success underscores a growing trend among crypto users looking for yield-generating assets, even as more established meme coins like Shiba Inu (SHIB) remain stagnant.
A New Player Gains Ground
The unnamed passive income platform, which promotes consistent token-based revenue streams for holders, has gained significant traction across social media. Its viral marketing campaign, coupled with clear utility and a promise of automated income generation, helped it achieve this major milestone in just 13 days. Crypto influencers on platforms like X (formerly Twitter), TikTok, and Telegram have contributed to its meteoric rise, drawing attention from both retail and institutional investors.
The project’s tokenomics are designed to reward long-term holding, with a portion of transaction fees redistributed to stakers. Early adopters are also reportedly receiving enhanced staking rewards and governance privileges, further driving demand.
While exact figures on total funds raised remain undisclosed, industry analysts estimate the project may have brought in over $4 million in its initial offering, assuming an average token price of $0.015.
In stark contrast to the excitement surrounding the new passive income platform, Shiba Inu (SHIB) has remained largely dormant in recent weeks. As of the end of May 2025, SHIB is trading around $0.0000091—roughly the same level it held throughout much of 2023.
Despite periodic spikes in trading volume and efforts by the SHIB development team to expand its ecosystem through Shibarium (its layer-2 blockchain), the token has struggled to regain the momentum it enjoyed during the 2021 bull run.
$SHIB Massive SHIB Movement Amid $687 Million Market Sell-Off Raises Investor Concerns
In a significant development within the cryptocurrency market, approximately 30.49 trillion Shiba Inu (SHIB) tokens have been activated, coinciding with a substantial $687 million market sell-off. This large-scale movement has intensified discussions about potential market volatility and the future trajectory of SHIB.
Whale Activity and Market Dynamics
Recent data indicates a surge in whale activity, with notable transactions involving trillions of SHIB tokens. For instance, a single day witnessed the transfer of 1.3 trillion SHIB tokens to centralized exchanges, likely for liquidation purposes. Such significant inflows often signal increased selling pressure, potentially leading to price declines .
Additionally, a formidable sell wall has been identified at the $0.000026 price level, comprising nearly 29.69 trillion SHIB tokens held by over 92,000 addresses. This resistance point poses a considerable challenge for SHIB's upward momentum .
Market Sentiment and Price Implications
The activation of such a vast quantity of SHIB tokens amid a broader market sell-off has led to increased caution among investors. The influx of tokens into exchanges suggests a readiness among holders to sell, which could suppress SHIB's price in the short term.
However, it's noteworthy that SHIB's trading volume has seen significant fluctuations. At one point, trading volumes more than doubled, reaching 34.1 trillion SHIB, equivalent to $801 million. This surge indicates heightened interest and engagement with SHIB, even as the broader cryptocurrency market experiences substantial sell-offs .
The recent activation of 30.49 trillion SHIB tokens amidst a $687 million market sell-off underscores the volatile nature of the cryptocurrency market. Investors and analysts will be closely monitoring SHIB's price movements and whale activities to gauge future trends. As always, participants are advised to exercise caution and conduct thorough research before making investment decision
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$SHIB $SHIB IF YOU HOLD 10,000,000 SHIB YOU MUST SEE THIS – SHIBA INU PRICE PREDICTION
If you're among the growing army of SHIBA INU (SHIB) holders—especially one with a stake of 10,000,000 tokens—this article could be a game-changer for how you view your investment. As SHIB continues to grab headlines and stir excitement in the crypto community, it's crucial to assess its price potential, realistic expectations, and the factors that could influence its future trajectory.
🔍 Understanding What 10,000,000 SHIB Means Today
As of May 2025, the price of SHIBA INU hovers around $0.000025. At this rate:
10,000,000 SHIB = $250
It may not sound like much, but SHIB has a history of explosive price action, and in the crypto world, even small investments can turn into substantial gains under the right conditions.
🚀 SHIB Price Predictions: 2025–2030
Price predictions vary widely depending on the source, but here’s a realistic breakdown based on current market trends, developer activity, and broader crypto adoption:
If SHIB reaches $0.001 by 2030, your 10,000,000 SHIB could be worth $10,000—a 40x increase from today’s value.
🔥 Factors That Could Drive SHIB's Price Up
1. Massive Token Burns SHIB’s supply remains enormous (over 589 trillion), but the Shiba team and its community have been actively burning tokens. If the burn rate accelerates, reduced supply could significantly increase the token's value.
2. Shibarium Adoption The launch of Shibarium, a Layer 2 blockchain, could lower transaction fees and boost the utility of SHIB and related tokens (like BONE and LEASH). Strong adoption will likely attract developers and more users.
3. Mainstream Use Cases Partnerships, SHIB-powered payments, and its integration in the metaverse (SHIB: The Metaverse) can drive real-world demand for the token.
4. Market Sentiment As with any cryptocurrency, SHIB is affected by the broader market.
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$TRUMP $TRUMP Trump Media Secures $2.3 Billion to Establish Bitcoin Treasury Reserve
Trump Media & Technology Group Corp. (TMTG), the parent company of Truth Social, has successfully raised over $2.3 billion through the sale of new common shares and convertible debt. This capital infusion is earmarked for establishing a substantial Bitcoin treasury reserve, positioning TMTG as a significant player in the cryptocurrency space.
The fundraising involved the sale of approximately 55.86 million shares at $25.72 each and $1 billion in convertible debt priced at $34.72 per share. Following this announcement, TMTG's stock experienced a 2.1% increase, despite broader market downturns and a 4% weekly decline in Bitcoin's value.
CEO Devin Nunes highlighted that the company now holds over $3 billion in liquid assets, enhancing shareholder exposure to Bitcoin. This strategic move aligns TMTG with other public firms like MicroStrategy and GameStop, which have also incorporated Bitcoin into their corporate strategies.
However, the capital raise has led to a dilution of existing shareholders' stakes, reducing former President Donald Trump's ownership from 52% to 41.5%. This shift potentially allows other shareholders to outvote the Trump family on key decisions.
The initiative reflects a broader pro-crypto stance by the current administration. In March 2025, President Trump signed an executive order establishing a Strategic Bitcoin Reserve, aiming to make the U.S. the "crypto capital of the world." This reserve is funded by Bitcoin seized in criminal and civil forfeiture cases, ensuring no taxpayer burden.
TMTG's foray into cryptocurrency also includes the launch of its fintech brand, Truth.Fi, focusing on cryptocurrency and customized exchange-traded funds (ETFs). In partnership with Charles Schwab, Truth.Fi plans to offer separately managed accounts and investments in Bitcoin, with up to $250 million of its funds allocated to these ventures.
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is experiencing heightened volatility as over 2 trillion SHIB tokens have been transferred to exchanges, raising concerns about potential selling pressure and price stability.
Market Volatility and Price Fluctuations
Between May 29 and May 30, 2025, SHIB's price fluctuated within an 8% range, trading between $0.00001325 and $0.00001451. This volatility was accompanied by a nearly 7% drop in price over 24 hours, hitting an intraday low of $0.00001328 . The influx of tokens into exchanges has increased the exchange-held supply from 139 trillion to 141 trillion SHIB, equating to over $28 million worth of tokens potentially entering the market .
Technical Indicators Point to Bearish Trends
Technical analysis reveals that SHIB has broken below its 50-day Exponential Moving Average (EMA) at $0.00001425, indicating mounting bearish momentum. A descending triangle pattern, coupled with a bearish engulfing candle below the 0.382 Fibonacci retracement at $0.00001368, suggests further downside potential. The Moving Average Convergence Divergence (MACD) indicator also shows a deepening negative histogram and a bearish crossover, reinforcing the bearish outlook .
Whale Activity and Long-Term Holding Trends
Despite the short-term bearish signals, some large investors, known as "whales," have moved significant amounts of SHIB into cold storage. Notably, 34 trillion SHIB tokens have been transferred off exchanges, signaling a shift toward long-term holding and reducing immediate selling pressure .
Burn Rate and Supply Concerns
Shibarium, Shiba Inu's layer-2 blockchain, has burned approximately 1.15 billion SHIB tokens since its launch. However, given the massive circulating supply of 549 trillion tokens, this burn rate is considered insufficient to significantly impact the token's scarcity or price. At the current pace, it would take over a century to burn 1 trillion tokens, price appreciation in the near term.
$SHIB $SHIB A recent transaction involving 143,545,520 Shiba Inu (SHIB) tokens has captured the attention of the cryptocurrency community. This movement is part of a broader trend of significant SHIB transfers, indicating heightened activity among large holders, commonly referred to as "whales."
Whale Activity and Market Implications
The transfer of over 143 million SHIB tokens aligns with a series of substantial transactions observed in the SHIB ecosystem. Notably, a dormant whale recently withdrew 220 billion SHIB, valued at approximately $4.63 million, from Binance after five months of inactivity . Such movements suggest strategic positioning by large investors, potentially in anticipation of market shifts.
Additionally, reports indicate that whales have moved 34 trillion SHIB to cold storage, reducing the circulating supply and potentially signaling a bullish outlook . This accumulation trend among significant holders often precedes notable price movements in the cryptocurrency market.
Technical Indicators and Price Predictions
Technical analyses suggest that SHIB may be poised for a significant price movement. Analysts have identified bullish patterns, such as the formation of an inverse head and shoulders, which historically precede upward price trends . Current price levels are testing key resistance points, and a breakout could lead to substantial gains.
Furthermore, the SHIB burn rate has seen a dramatic increase, with a 17,930% surge recently reported . This reduction in supply, combined with increased demand, could exert upward pressure on the token's price.
Conclusion
The movement of 143,545,520 SHIB tokens is part of a larger pattern of significant activity within the Shiba Inu ecosystem. Whale accumulations, increased burn rates, and bullish technical indicators collectively suggest potential for upward price momentum. Investors and market watchers will be closely monitoring these developments as they unfold.
The cryptocurrency community is abuzz with speculation: Is Binance preparing to list Pi Network's native token, Pi Coin (PI)? Despite overwhelming support from a recent community vote, Binance has yet to confirm the listing, leaving many investors and enthusiasts eagerly awaiting an official announcement.
Binance's Community Vote: A Show of Support
In February 2025, Binance initiated a community vote to gauge interest in listing Pi Coin. The response was significant, with approximately 295,000 users participating. An impressive 86% voted in favor of the listing, demonstrating strong community backing . However, Binance clarified that the vote was advisory and that any listing decision would undergo its standard due diligence process, including evaluations of security, compliance, and project fundamentals
Community Reaction and Controversy
The lack of immediate action following the vote led to frustration among Pi Network supporters. Many expressed their dissatisfaction by leaving one-star reviews on Binance's app across various platforms, accusing the exchange of disregarding community input . This backlash highlights the passionate support for Pi Network and the community's desire for broader exchange listings.
Pi Network's Market Performance
Following the launch of its Open Mainnet on February 20, 2025, Pi Coin experienced significant price volatility. The token surged to an all-time high of $2.99 by February 27, reflecting heightened investor interest . However, the price has since retracted, trading around $0.68 as of May 30, 2025. Analysts suggest that a Binance listing could rejuvenate the token's performance, potentially driving prices upward .
Binance's New Listing Model: A Glimmer of Hope?
In March 2025, Binance introduced a new "Vote to List" and "Vote to Delist" system, allowing users to have a more direct influence on token listings . Given the strong community support for Pi Coin, this new model could pave the way for its inclusion on the platform.
May 30, 2025 – In a move that has shaken the Shiba Inu (SHIB) investor community, over 2 trillion SHIB tokens — worth approximately $28 million — have been transferred to centralized exchanges, signaling a potential sell-off that could exert downward pressure on the meme coin’s price.
Whale Movements Raise Red Flags
Blockchain analytics firm Lookonchain and other on-chain trackers reported the massive SHIB transfer earlier this week. The tokens were moved from several whale wallets to prominent exchanges including Binance, Coinbase, and KuCoin, often a sign that large holders are preparing to sell.
This shift has triggered concerns of an impending "dump," which could flood the market with excess supply and lead to a sharp price decline. Historically, similar whale movements have been followed by short-term dips in the SHIB price.
Market Reaction and Current Price Action
As of the time of writing, Shiba Inu is trading at approximately $0.000014, down 6% in the last 24 hours. Trading volumes have spiked by over 30%, suggesting heightened activity and possible panic among retail investors.
The crypto market overall has been experiencing mixed sentiment, with Bitcoin holding steady above $68,000, while altcoins remain more volatile. SHIB, being a meme coin with a highly speculative base, is particularly vulnerable to large-scale token movements.
Price Prediction: What Comes Next?
Analysts are split on what lies ahead for SHIB. If the 2 trillion tokens are indeed sold off in bulk, the price could retrace further, potentially falling to the $0.000012 support level — a critical zone that held during the last major sell-off in early 2025.
However, some traders remain cautiously optimistic. “If SHIB manages to absorb this selling pressure and hold above the $0.000013 threshold, it could signal resilience and pave the way for a recovery once the whale activity subsides,” noted crypto analyst Jason Wu.
How to Earn $35 Daily on Binance Without Any Investment
With the growing interest in cryptocurrency, many individuals are exploring ways to generate income through platforms like Binance—one of the largest and most trusted crypto exchanges globally. While making $35 daily without any investment may sound ambitious, it is achievable through a combination of dedication, strategy, and leveraging Binance's available features and programs. Here’s how to potentially reach that goal:
1. Join Binance’s Affiliate Program
Estimated Daily Earning: $5–$20+
The Binance Affiliate Program allows users to earn commissions by referring others to the platform. Once signed up, you receive a unique referral link. Every time someone registers using your link and makes a trade, you earn a percentage of their trading fees—up to 50% depending on your tier and number of referrals.
How to succeed: Share your referral link on blogs, YouTube, Twitter, Telegram, and Reddit. Create content like tutorials or market analysis to drive traffic.
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2. Participate in Binance Learn & Earn
Estimated Daily Earning: $1–$5 (depends on availability)
Binance regularly offers educational campaigns where users can earn free crypto by completing short courses and quizzes about blockchain and cryptocurrencies.
Tips: Check the “Learn & Earn” section on the Binance website frequently.
Note: This is periodic and might not be available daily, but it’s a great way to build up earnings passively.
3. Use Binance’s P2P Arbitrage Opportunities
Estimated Daily Earning: $10–$35
Binance P2P (peer-to-peer) trading allows users to buy and sell crypto directly with others. Some savvy users earn by spotting price differences between regions or payment methods and executing arbitrage strategies without upfront capital—though this requires high trust scores and reputations.
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$SHIB $SHIB Shiba Inu (SHIB) experienced a notable rebound on May 29, 2025, recovering from an intraday low of $0.00001405 to reach a peak of $0.00001456, marking a 1.2% gain. This recovery was accompanied by a significant surge in trading volume, exceeding 500 billion tokens within 24 hours, indicating strong investor interest and potential accumulation by large holders .
The price movement occurred amid rising geopolitical tensions and trade policy uncertainties, which have contributed to increased volatility in the cryptocurrency markets. Despite these challenges, SHIB demonstrated resilience, with a 3.99% price range over the 24-hour period .
Technical analysis suggests that SHIB has established a short-term support zone around $0.00001447, with immediate resistance at $0.00001452. A decisive break above this resistance level could signal a bullish breakout, attracting further buying interest .
The SHIB community, often referred to as the "SHIB Army," continues to monitor these developments closely. Community-driven initiatives, such as token burning and ecosystem expansion, may further influence SHIB's price dynamics in the near term.
As of the latest data, SHIB is trading at approximately $0.00001354, reflecting a slight decrease of 0.061% from the previous close. The intraday high and low stand at $0.00001447 and $0.00001343, respectively.
Investors are advised to stay informed about market trends and conduct thorough research before making investment decisions, especially in the context of ongoing economic uncertainties.
$XRP $BTC Ripple CTO Ends Speculation on XRP Centralization, $878M in Bitcoin Stuns Coinbase, Ethereum Eyes $3,000: Crypto News Digest
In a whirlwind day for the crypto markets, key developments surrounding Ripple, Bitcoin, and Ethereum have captured the attention of investors and analysts. Here's a breakdown of the top headlines and what they mean for the digital asset landscape.
Ripple CTO Quashes XRP Centralization Concerns
Ripple’s Chief Technology Officer, David Schwartz, has stepped forward to address longstanding criticisms over the centralization of XRP. In a series of posts on X (formerly Twitter), Schwartz emphasized that Ripple's influence over the XRP Ledger has been vastly overstated.
“Decentralization is not about who owns what tokens. It’s about how decisions are made,” Schwartz stated. He highlighted that validators — not Ripple — govern changes to the ledger, and that Ripple holds no special authority to enforce decisions across the network.
The comments arrive amid renewed debate following reports that Ripple still owns a significant portion of XRP, raising fears among critics about its potential to sway market dynamics. Schwartz’s clarification, however, may reassure stakeholders who value the principles of decentralization and open governance in blockchain systems.
$878 Million in Bitcoin Stuns Coinbase
Coinbase, one of the largest crypto exchanges in the U.S., witnessed a jaw-dropping $878,917,974 in Bitcoin transfers this week, raising speculation about large institutional moves or custody shifts.
Blockchain analytics firms have yet to determine whether the transfers were internal or part of a larger transaction strategy by a whale or institutional player. Still, the sheer scale of the movement has triggered alarm bells and price volatility as traders speculate on its implications.
Historically, such large BTC transfers can precede significant market actions, such as off-exchange selling, strategic acquisitions.