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Bitcoin, Cryptos and Shiba Inu – American Wrap September 10

Bitcoin, Cryptos and Shiba Inu – American Wrap September 10

Bitcoin (BTC) is trading just above $57,000 on Tuesday after gaining nearly 4% on Monday, amid mild ETF inflows, increasing whale buying activity on price dips, a long-short ratio above one, and rising stablecoin holdings on exchanges.

Tether, TRON and TRM Labs announced on Tuesday the formation of a new anti-financial crime unit. The goal of this collaboration is to combat illegal activities related to the use of USDT on the TRON blockchain using TRM Labs' anti-financial crime expertise, TRON's blockchain technology and Tether's investigation team.

The Layer 2 chain of the Shiba Inu (SHIB) ecosystem has reached a major milestone as it recorded the highest number of deployed contracts in three months. A Shiba Inu team member behind the X-Handle @LucieSHIB shared the milestone on Shibarium in a recent tweet.

SHIB


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