BTC Primed for Major Run, Biggest DOGE Fan Elon Musk Scores New Record, Shibarium Boosts Shiba Inu's Network Growth: Crypto News Digest by U.Today

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BTC Primed for Major Run, Biggest DOGE Fan Elon Musk Scores New Record, Shibarium Boosts Shiba Inu's Network Growth: Crypto News Digest by U.Today
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U.Today has collected weekend's top crypto news for you in its latest news digest, check it out!

In a recent post, Charles Edwards, crypto analyst and founder of Capriole Fund, shared a Bitcoin monthly chart, pointing to , which, if validated, might ignite a run for the flagship crypto. Edwards called it"Bitcoin's four bumps and runs," adding that this cycle's bump and run reversal is consistent with all prior cycles as BTC moves closer to the 2024 halving.

This success highlights the project's quick development and extensive growth, establishing Shiba Inu's network as a major player in the blockchain industry. What fueled Shibarium's thriving ecosystem is BONE, SHIB ecosystem's governance token, as most transactions within the Shiba Inu blockchain involve this particular asset. With that said, BONE transactions on Shibarium have increased to an astonishing 200,000, highlighting its importance to the platform's functioning.

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