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$SHIB shib inu new update Shiba Inu price may surge if there is a spot SHIB ETF application and approval. More gains would happen if these funds capture a 10% of Ethereum net inflows. Technical analysis suggest a Shiba Inu price forecast a 147% upside from the current level. The recent Shiba Inu price recovery has stalled after hitting a crucial resistance level. It has slipped by 11% from its highest level this week. This crash may be reversed if a SHIB ETF is filed and approved this year, and if the funds capture 10% of Ethereum’s inflows. The value of SHIB has risen by 2.5% over the last 30 days, and according to CoinGape, its market capitalization has increased to $7.9 billion.

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#AltcoinETFsPostponed Altcoin ETFs are still pending approval from the Securities and Exchange Commission (SEC). Recently, the likelihood of the SEC approving a spot Ether ETF has increased, with some analysts believing this could pave the way for other altcoin ETFs. However, the approval process is complex, and the SEC has not yet approved any altcoin ETFs beyond Bitcoin and potentially Ethereum. *Recent Developments:* - *Nasdaq's Dogecoin ETF Filing*: Nasdaq has filed a 19b-4 application with the SEC to list and trade shares of the 21Shares spot Dogecoin ETF. This move marks a significant step for Dogecoin in the financial market, potentially bringing it closer to mainstream adoption. - *Bitwise's NEAR ETF Registration*: Bitwise has registered a trust entity named Bitwise NEAR ETF in Delaware, a move that typically precedes a formal filing with the SEC for an exchange-traded product tracking NEAR, the native asset of the NEAR Protocol. - *Litecoin ETF Application*: The SEC has formally acknowledged Canary Capital's 19b-4 filing for a Litecoin ETF, locking the Commission into a deadline to approve or reject it. *Challenges and Uncertainties:* - *SEC Classification*: The SEC's classification of certain cryptocurrencies as securities or commodities can impact the approval process for ETFs based on those assets. Dogecoin, for instance, is not classified as a security, which could facilitate the approval process for Dogecoin ETFs. - *Regulatory Environment*: The SEC's stance on cryptocurrency regulation and ETF approvals remains a key factor in determining the fate of altcoin ETFs.

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#Trump100Days Donald Trump's 100-day mark in office ended on April 30, 2025. During this period, he signed 144 executive orders, 42 proclamations, and 42 memorandums, focusing on key issues like: - *Immigration Reform*: Trump implemented policies to crack down on the US-Mexico border crisis, including mass deportations, travel bans, and ending birthright citizenship for children of illegal immigrants. - *Economic Policy*: He imposed tariffs on China, Canada, and Mexico, and introduced a universal import tariff of 10%. Trump's economic policies aim to reduce foreign influence and boost domestic production. - *Diversity, Equity, and Inclusion (DEI)*: Trump rolled back DEI initiatives, targeting transgender rights and affirmative action programs in government agencies and contracts. - *Foreign Policy*: He withdrew from international agreements like the Paris Climate Accords and the World Health Organization, and reinstated Cuba's designation as a state sponsor of terror. - *Government Efficiency*: Trump established the Department of Government Efficiency (DOGE), led by Elon Musk, to streamline government spending and eliminate excessive regulations. Some notable actions include¹: - *Laken Riley Act*: Signed into law on January 29, 2025, requiring ICE to detain illegal aliens accused of certain crimes. - *Pardons*: Trump granted clemency to around 1,500 individuals convicted of offenses related to the January 6 US Capitol attack. - *Tariffs*: Imposed tariffs on goods from Mexico, Canada, and China, sparking a trade war and market fluctuations.

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