Bitcoin overcomes key resistance amid risk-on mood, mild ETF inflows Bitcoin (BTC) trades just above $57,000 on Tuesday after gaining almost 4% on Monday, buoyed by mild ETF inflows, increasing whale buying activity during price dips, a long-to-short ratio above one, and increasing stablecoin holdings on exchanges.
Bitcoin overcomes key resistance amid risk-on mood, mild ETF inflows Bitcoin trades just above $57,000 on Tuesday after gaining almost 4% on Monday, buoyed by mild ETF inflows, increasing whale buying activity during price dips, a long-to-short ratio above one, and increasing stablecoin holdings on exchanges. Tether, Tron, and TRM labs launch financial crime unit Tether, TRON and TRM Labs announced on Tuesday the creation of a new financial crime unit.
This collaboration aims to combat illicit activity associated with the use of USDT on the TRON blockchain with the combined help of TRM Labs’ anti-financial crime expertise, TRON’s blockchain technology, and Tether’s investigations team. Shiba Inu Layer 2 chain records highest number of projects in three months, SHIB poised for gains Shiba Inu ecosystem’s Layer 2 chain hit an important milestone as it recorded the highest number of contracts deployed in three months.
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