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#NewsAboutCrypto #btc #eth 1. Regulation: * The European Union has approved the MiCA (Markets in Crypto-Assets) regulation, which establishes a uniform regulatory framework for crypto-assets. This has a significant impact on how cryptocurrencies operate in the EU. * In the US, discussions continue on the regulation of cryptocurrencies, with various agencies and lawmakers proposing different approaches. 2. Market: * The price of Bitcoin and other cryptocurrencies has recently experienced fluctuations, influenced by factors such as macroeconomic events, regulation, and investor sentiment. * There is a rise in so-called "DeFi" (decentralized finance) projects, which are trying to offer financial services without intermediaries. * The area of NFT (non-fungible tokens) is growing rapidly, used for digital art, collectibles, and other applications. 3. Technology: * The development of technologies that aim to improve the scalability, security, and privacy of cryptocurrencies is underway. * There is increasing talk of "Web3," which is a vision of a decentralized internet built on the blockchain. * Institutional Investment: * More and more institutional investors are interested in and investing in cryptocurrencies. * Some companies are starting to accept cryptocurrencies as payment for goods and services. For up-to-date information, I recommend following specialized news portals and sources focused on cryptocurrencies. THX guys
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#shibainu Shiba Inu Coin Burning: What It Means and Why It Matters Shiba Inu (SHIB) is a meme-inspired cryptocurrency that has gained immense popularity due to its community and viral marketing. One of the key aspects that attracts investors to SHIB is the process of coin burning. What is Coin Burning? Coin burning is the process of permanently removing tokens from circulation. This is done by sending the coins to an address that no one can access, effectively destroying them. Coin burning reduces the total supply of a cryptocurrency, which can potentially increase its value. Why Does Shiba Inu Burn Coins? The main reason for SHIB coin burning is to reduce the token's massive total supply, which is one quadrillion. By reducing the supply, the Shiba Inu team aims to create scarcity, which could lead to price growth. How Does SHIB Coin Burning Work? There are several ways SHIB coins are burned: 1. Manual Burning: The Shiba Inu team regularly burns a certain amount of SHIB coins. 2. Burning Through the Shibburn Portal: The Shiba Inu community can contribute to coin burning through the Shibburn portal. 3. Burning Through Transactions on Shibarium: Portions of transaction fees are burned during transactions on Shibarium. The Impact of Coin Burning on SHIB Price Coin burning can have a positive impact on the SHIB price, as it reduces supply and potentially increases demand. However, it is not the only factor that affects the price of a cryptocurrency. Other factors include: 1. Overall state of the cryptocurrency market 2. Investor sentiment 3. Development of the Shiba Inu ecosystem Conclusion: Coin burning is an important part of Shiba Inu's strategy to increase the token's value. While it does not guarantee price growth, it is one of the factors that investors consider
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