Daily News 19

Category: Coins

Digital assets, cryptocurrencies, blockchain, and currency news.

  • Today DOGE and XRP ETFs begin trading – institutional demand is high

    Today DOGE and XRP ETFs begin trading – institutional demand is high



    • Grayscale’s Dogecoin and XRP ETFs will be listed on the New York Stock Exchange starting today, although prices are falling.
    • Franklin Templeton launches Dogecoin ETF push, Bitwise already launched.

    Grayscale Investments is launching two new ETFs this Monday New York Stock Exchange Arca on. The previous investment products Grayscale Dogecoin Trust (GDOG) and Grayscale XRP Trust (GXRP) will be converted into publicly tradable funds.

    The New York Stock Exchange Arca stated:

    “NYSE Arca confirms its consent to the listing and registration of the Grayscale XRP Trust ETF Shares, a series of the Grayscale XRP Trust ETF, under the Exchange Act of 1934.”

    Both products are seeing significant interest after Bloomberg analyst Eric Balchunas posted on X that GDOG and GXRP funds would begin trading simultaneously. He also mentioned that a Chainlink ETF could follow next week.

    Upside down world? ETF launches amid price declines

    Both GXRP and GDOG are designed as spot products that hold their respective cryptocurrencies directly, rather than as futures contracts. Grayscale’s portfolio now includes more than 40 crypto investment options.

    Franklin Templeton is also getting involved in the ETF space with the launch of a Dogecoin ETF that could come next week. Bitwise had already activated its XRP ETF at the beginning of last week, which increased pressure on Grayscale to catch up or be left behind.

    Meanwhile, DOGE price is at $0.13, down 1.92% in the last 24 hours. It is near the lower limit of its established range between $0.14 and $0.29.

    Analysts suggest that buying interest could return at these levels. To signal bullish momentum, DOGE would need to climb above the 20-day EMA at $0.16. If successful, the price could test resistance at the 50-day SMA and potentially reach $0.21.

    On the downside, if DOGE fails to hold $0.14, a further decline towards the $0.10 level last seen on October 10 could occur.

    XRP fell 1.33% over the weekend and is now trading at $1.90. The token recently slipped below a key support level of its descending channel pattern. A daily close below this line could push the token to $1.61. That would bring with it the risk of forfeiture down to $1.

    Resistance also remains between the 50-day simple moving average at $2.45 and the descending trend line. A rise above this zone would be needed to change market sentiment.

  • Coinbase is building a “universal exchange” using Vector technology and onchain tools

    Coinbase is building a “universal exchange” using Vector technology and onchain tools



    • Coinbase integrates Vector technology to expand Solana access and improve its market analysis capabilities.
    • SOL sales exceed one billion, strengthening Coinbase’s role in global digital asset trading.

    Coinbase is strengthening its trading infrastructure through the Takeover of Vector, a Solana-based onchain trading platform. This is intended to deepen the connection to Solana’s growing market.

    Vector’s technology will be integrated directly into the decentralized trading interface. This enables broader access to onchain markets and faster identification of new assets launched across major Solana platforms. Vector technology is known for its ability to detect new tokens the moment they appear in the market.

    Coinbase CEO Brian Armstrong said they want to expand the company’s Solana capabilities. Already, technological upgrades have led to a fivefold increase in block processing. With AgentKit and x402 now running on Solana, Coinbase is expanding its infrastructure to support faster trading.

    “We are doubling Solana”

    Solana DEX revenue exceeded $1 trillion in 2025, according to data from Messari. Growth is to be secured by bringing Vector’s team that specializes in Solana on board. The move supports its comprehensive plan to become a universal exchange and serve global 24/7 markets.

    The company explained: “We’re doubling down on Solana,” underscoring its focus on systems that support fast trading and experimentation. The acquisition is expected to be completed before the end of the year.

    As part of the transition, Vector’s existing mobile and desktop applications will be discontinued. The platform clarified that the Tensor Foundation remains independent and will continue to oversee the Tensor NFT marketplace and its tokens. No part of Tensor will be affiliated with Coinbase following the acquisition.

    In addition, the company wants to… Delaware to move to Texas because there are now corporate tax changes there that have cost Delaware its reputation as an internal US tax haven. The change underlines the industry’s pursuit of a better fiscal environment that supports companies’ long-term plans.

  • Zcash forecast: 4 factors can push the ZEC price into the $1,000 region

    Zcash forecast: 4 factors can push the ZEC price into the $1,000 region



    • Zcash’s rise was fueled by institutional buying, increasing interest in privacy coins and anticipation of a ZEC ETF.
    • The NU 6.1 upgrade, scheduled for November 23rd, may give a decisive boost to Zcash’s potential to reach the $1000 mark.

    Zcash has been in the spotlight after witnessing an upward rally over the past month. ZEC rose 145.96% in the last month and is trading at 653,54 Dollar traded. This growth has convinced many experts that the asset can reach $1,000 by the end of the year.

    The possible way

    As CNF reported, the NASDAQ-listed biotech company rebranded itself as Cyberpunk Technologies Inc. on November 12 this year, with a primary focus on ZEC as its central token. The company immediately purchased more than 203,000 ZEC tokens, funded with $58.88 million from Winklevoss Capital.

    Six days later, Cyberpunk announced another purchase, which contributed another 29,869.29 ZEC, worth approximately $18 million. This brings Cyberpunk’s ZEC holdings to a total of 233,644.56 ZEC, with the company aiming to own 5% of ZEC’s total market cap.

    The CEO of Helius expects more companies to follow Cyberpunk’s move and build digital asset management. In particular expected mannbei Helius a higher mNAV and more buying pressure for a DAT private coin as it is not legal to hold in many regions.

    Analysts are expecting the approval of a ZEC ETF and believe it is very likely given this year’s surge in institutional interest and the approval of other crypto ETFs.

    Zcash price movement has also bucked the normal trend and demonstrated its independent stance. While many digital assets follow the price path of Bitcoin, ZEC chooses to go the opposite way.

    Data from DefiLlama have shown this correlation. Interestingly ZEC price began to correlate with Bitcoin’s market reaction in late September to early October 2025, as our youngest Analysis shows. This is attributed to the fact that traders their funds von Bitcoin in Privacy-Coins wie Zcash redeploy.

    Given this scenario, they show Data from LunarCrush that ZEC’s social media presence has skyrocketed over the last year, reaching 15,245%, equivalent to 346.72 thousand mentions.

    Zcash NU6.1 upgrade is coming

    Meanwhile, Zcash is preparing for what many are calling Zcash’s biggest overhaul. Zcash developers confirmed that the highly anticipated network upgrade 6.1 NU 6.1 is scheduled to be implemented on November 23rd. Wallet applications also need to be updated as part of the upgrade.

  • 21Shares lists new ETPs on the Nasdaq in Stockholm

    21Shares lists new ETPs on the Nasdaq in Stockholm



    • 21Shares expands its offering on Nasdaq Stockholm to 16 ETPs six new single asset and index products.
    • The company is also launching a leveraged Dogecoin ETF on Nasdaq.

    21Shares hat six new crypto products on Nasdaq Stockholm introduced and set about expanding access to regulated products for Scandinavian investors. Currently has 21Shares 16 ETPs an der Nasdaq in Stockholm.

    The list of new additions includes Aave, Cardano, Chainlink, Polkadot and two multi-asset baskets that expand the already existing projects Bitcoin, Ethereum Staking, Solana and Bitcoin Core.

    More offers in the Scandinavian market

    The new products AAVE, AADA, LINK, ADOT, HODL and HODLX expand the range of single-asset and index-based products on the regulated trading venue in Stockholm.

    All ETPs are complete secured and physically backed, so that investor engagement is directly linked to the underlying assets, unlike synthetic structures.

    The update strengthens the presence of the Company in the region where regulated trading venues for private and institutional investor are attractivewhich provide access to diversified and cost-effective want to have crypto markets.

    This is happening after continued increase in Nordic exposure to large-volume crypto assets. The transparent pricing, the simplicity of processing above traditional brokers and that Miss of wallet handling requirements it Market interests helped .

    21Shares is expanding into the multi-exchange market

    The growth is in line with the larger multi-exchange presence from 21Shareswhich already at the SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, Deutsche Stock market Xetra and the London Stock Exchange consists.

    The company currently manages worldwide assets of around 8 Mrd. USD in ETPs for large caps, staking exposure and index approaches.

    Meanwhile hat 21Shares just last Thursday a 2x Long Dogecoin ETF with the Ticker TXXD on Nasdaq introduced.

    With this addition, leveraged products are part of the growing European offering of the companywhich keeps 21Shares on the rise in both sector-focused and highly volatile crypto markets.

  • IOTA sees Asia developing into an innovation-friendly yet risk-conscious crypto region

    IOTA sees Asia developing into an innovation-friendly yet risk-conscious crypto region



    • Regulators in Asia are increasingly adapting their crypto regulation to innovative but high-risk assets, with particular emphasis on clear licensing and disclosure requirements.
    • According to IOTA, a complete audit of wallet-to-wallet activities cannot be implemented in practice and is generally incompatible with the expectations of decentralized systems.

    The regulatory map of Asia is changing: Hong Kong, Thailand, Malaysia and South Korea are moving towards more innovation-friendly regulation of digital assets. They focus on the areas of licensing and risk management.

    Hong Kong already developed a special stablecoin regulation in August. It essentially includes new regulations to prevent money laundering, especially when it comes to self-hosted wallets.

    Die IOTA Foundation argues However, a complete review of all wallet-to-wallet activities cannot be implemented in practice and is generally not compatible with the promises of decentralized systems. It advocates a tokenized, KYC-secure protocol using verifiable credentials supported by blockchain analytics to identify high-risk trends without restricting self-hosted wallets.

    The Thai Securities and Exchange Commission proposed lifting the current ban on conflicts of interest on tokens.

    IOTA noted that these tokens serve practical purposes in fees and access to the platform and that regulation rather than a ban is necessary to ensure fair use and ensure the competitiveness of domestic platforms.

    IOTA calls for tiered model and dedicated stablecoin architecture

    Malaysia’s listing reform proposal increases exchange autonomy at the expense of increased capital requirements and a one-year trading history for tokens.

    IOTA supports the liberalized strategy but pointed out that the minimum capital of RM15 million is higher than global norms and that this puts smaller players at a disadvantage. It supports a dedicated stablecoin framework that is aligned with central bank policy.

    However, South Korea is transitioning crypto companies into its venture business model, which offers access to tax benefits and financial resources. IOTA viewed this as recognition of the use of blockchains in the areas of AI, supply chains and digital assets.

  • DDA increases European presence as an issuer on Nasdaq Stockholm

    DDA increases European presence as an issuer on Nasdaq Stockholm



    • Deutsche Digital Assets has received approval from Nasdaq Stockholm to list crypto ETPs.
    • DDA can now Scandinavian Offer investors multiple crypto products.

    Asset manager Deutsche Digital Assets (DDA) has officially received the green light from Nasdaq Stockholm to become a new issuer of exchange-traded products (ETPs). With this strategic development, DDA will be able to list its crypto products on Nasdaq Stockholm, making it easier for Scandinavian investors to safely invest in digital assets such as Bitcoin.

    This move particularly underlines DDA’s commitment to taking a leading position in the crypto ETP space. This approval is a testament to the commitment and care with which Deutsche Digital Assets has met the strict requirements of Nasdaq Stockholm.

    German digital assets at Nasdaq Stockholm

    Romain Bensoussan, Sales Manager at DDA, comments on the remarkable development:

    “Licensing as an issuer on Nasdaq Stockholm is an important step in expanding access to our institutional crypto ETPs. This approval allows us to serve a broader range of investors who are increasingly looking for efficient ways to invest in digital assets. We look forward to launching our first products on Nasdaq Stockholm in the coming weeks.”

    DDA will list several ETPs on Nasdaq Stockholm

    Notably, Bensoussan hinted that DDA may list its crypto exchange-traded products on Nasdaq Stockholm. In his opinion, this approval offers Nordic investors an impressive opportunity to gain access to transparent, safe and regulated investment solutions.

    Sylvester Andersen, AVP New Business Development at Nasdaq Stockholm, was enthusiastic about Deutsche Digital Assets’ new venture. He confirmed that the asset manager’s plans have further strengthened Nasdaq’s vision of offering diversified products to investors. He noted:

    “We are pleased to welcome Deutsche Digital Assets as an issuer on Nasdaq Stockholm. Their expertise in the area of ​​crypto ETPs fits with our goal of offering our investors diverse and innovative investment opportunities.”

    Significantly, this development follows the alliance between the DDA and BitGo, whereby both platforms have joined forces to offer secure custody and staking for the Safello Bittensor Staked TAO ETP.

    Nasdaq Stockholm accepts new ETPs

    DDA’s approval by Nasdaq Stockholm is in line with its commitment to expand offerings in the digital assets space. It recently approved investor 21Shares to list its six new investment products Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT), Crypto Basket Index ETP and Crypto Basket 10 Core ETP.

    The six new crypto products from 21Shares bring the company’s number of offerings on Nasdaq Stockholm to 16. Existing ETPs include Bitcoin, Ethereum and Solana.

  • Arkham Intelligence has ranked the ten wealthiest crypto owners

    Arkham Intelligence has ranked the ten wealthiest crypto owners



    • Satoshi Nakamoto tops the blockchain wealth rankings with over $100 billion spread across thousands of inactive wallets.
    • Several early investors and developers such as Vitalik Buterin and Stefan Thomas have lost some of their wealth or it is inaccessible for various reasons.

    A new one Message Blockchain analysis platform Arkham Intelligence presents the ten richest identified crypto owners. The ranking only considers assets that can be verified through on-chain records and does not include assets held on centralized exchanges or through private agreements.

    The list is headed by Satoshi Nakamoto, the anonymous inventor of Bitcoin. He owns around $115 billion that he earned from mining Bitcoin in 2009 and 2010. Nakamoto keeps the money in more than 22,000 wallets, but none of them show any activity. Bloomberg lists Nakamoto as one of the 20 richest people in the world.

    The second name is Justin Sun, a Chinese entrepreneur who founded TRON. He runs BitTorrent and two major crypto exchanges. His on-chain wealth is listed at $1.9 billion, but some estimates put it at $5 billion to $7 billion.

    Estonian banker Rain Lohmus invested $75,000 in Ethereum’s initial coin offering in 2014. This purchase earned him 250,000 ETH. Today his holdings are worth $854 million. However, Lohmus lost access to his wallet, making the funds inaccessible, although they still show up on the blockchain.

    James Howells also falls into this category. In 2013, he threw away a hard drive that contained the keys to 8,000 mined Bitcoins. The hard drive is now in a landfill. He asked the Newport authorities to dig them up, but they refused, even when he offered a share of the lost wealth.

    Another example is Stefan Thomas. In 2011, he received 7,002 BTC for creating a Bitcoin animation. He stored the keys in an IronKey wallet but forgot the password. With only two attempts left, trying to access the $734 million wallet is very risky.

    Developers and traders with documented assets

    Ethereum creator Vitalik Buterin owns $867 million, mostly in ETH. His well-known public wallet has received large amounts of tokens from meme coin projects like Shiba Inu, which want to attract attention by associating with him. Most of his holdings date back to Ethereum’s launch in 2015.

    Owen Gunden, a former trader and early Bitcoin investor, made his fortune through arbitrage trading and smart investing. He once held the third spot on this list, but recently he has fallen behind. Last week, he sent 1,800 BTC worth $200 million to a Kraken address, likely to cash out.

    Shixing Mao, also known as DiscusFish, founded F2Pool and Cobo.com. He owns $275 million on the blockchain. Mao creates crypto infrastructure and mines coins, giving him a strong and lasting influence in the industry.

    Lesser-known personalities with large crypto fortunes

    Clifton Collins amassed 6,000 BTC through illegal cannabis sales in 2011 and 2012. He kept the private keys on paper in a fishing rod. Since his arrest by police, no one knows where the fishing rod is, and the Irish authorities have been unable to access the assets even after confiscating his holdings.

    Patricio Worthalter, the inventor of POAP, owns $226 million. POAP allows users to track participation in blockchain events via NFT badges. Its fortune comes from the growth and adoption of the protocol in Ethereum applications and its long-standing presence in the space.

    The current list includes early miners, developers, traders and entrepreneurs. Although their wealth is enormous, a significant portion of it remains locked away or inaccessible. While blockchain transparency allows these numbers to be tracked, it does not take into account off-chain or institutional ownership.

  • Stellar CEO Denelle Dixon: Permission-free networks create value

    Stellar CEO Denelle Dixon: Permission-free networks create value



    • Stellar’s permissionless design has piqued the interest of institutions – demand and sales for digital assets are increasing.
    • Franklin Templeton and DTCC show that public systems accelerate testing, tokenization, and practical adoption in finance.

    Stellar gained new attention after Denelle Dixon explained how permissionless systems drive real-world activity. Her comments sparked new interest among analysts who track market moves related to institutional use of public rails. Traders saw stronger buying as they watched volumes increase and demand remain stable during the overall recovery in digital assets.

    Dixon explained that the permissionless design helps more financial players join and explore public systems. She pointed to recent collaborations that showed companies worked faster when they tested ideas without lengthy testing. Market observers linked her remarks to previous moves by legacy institutions trying out tokenized structures on Stellar.

    Sentiment among trade groups has improved following Dixon’s post. Stellar’s price was in a stable range, supported by high volumes in the previous session. Buyers observed consistent account activity tied to public settlement rails that allowed firms to experiment with ideas faster and with fewer delays in institutional trading environments.

    Franklin Templeton lays tokenized funds 1.5 billion dollars

    Franklin Templeton marked a major milestone in April 2021 when the 75-year-old asset manager managing $1.5 trillion launched a public name fund. The move surprised experts because the company was faster than its fintech competitors, who were still internally reviewing similar token fund programs at the time.

    The company’s pace emerged from early research that began in 2019. This year, the company filed its first SEC registration for blockchain fund operations, while many avoided early disclosure. Public systems allowed them to test privately and without external approval, giving Franklin Templeton time to review internal models before showing the full setup to regulators.

    The company later expanded to six additional blockchains within two years. It ran faster testing cycles, leveraged compliance tools developed by external contributors, and developed settlement capabilities without direct coordination. Traders still refer to these examples when assessing the long-term value of Stellar-based financial activities and the tokenization of institutional assets.

    DTCC expands blockchain research with Stellar experience

    An outside group, Securrency, developed settlement capabilities in 2020 after discovering a loophole in the recovery of securities assets. They added a clawback tool on Stellar that complies with the rules for tokenized assets. Franklin Templeton used the tool in its 2021 review and provided the SEC with a clear path to handling clawback controls.

    Securrency later joined DTCC, an institution that processes more than $2 quadrillion in settlements annually. The company’s executives used their experience with Stellar to lead new research in DTCC’s digital assets division. Traders saw this move as evidence that institutional settlement groups were actively exploring public systems based on previous practical work.

    Analysts saw Stellar’s ​​market remaining stable. The charts showed strong support and traders observed possible breakouts near recent highs. The positive sentiment grew as institutional stories spread, reflecting Dixon’s view that permissionless systems encourage more people to join finance and support practical, real-world economic applications.

  • India to launch Polygon-backed ARC stablecoin in 2026

    India to launch Polygon-backed ARC stablecoin in 2026



    • In India, Polygon-backed ARC stablecoin will be launched in 1Q26, backed by rupees.
    • It is intended to improve the speed of transactions, transparency and efficiency for companies.

    India will launch its rupee-backed ARC stablecoin in the first quarter of 2026. The relationship between India and the Polygon blockchain is exceptionally strong and complex. Notably, the ARC stablecoin will be supported by the Polygon ecosystem.

    After almost a decade of careful testing and development in the areas of digital payments, regulated blockchain systems and digital currencies, India’s latest move has set the stage for stablecoins to play an important role in India in the future.

    The introduction of ARC is much more than just the introduction of another digital asset. India has one cautious attitude towards private cryptocurrenciesbut various state and local governments have been actively partnering with blockchain companies – in this case Polygon – to use their technology for public services.

    The regulated INR stablecoin backed 1:1 by the Reserve Bank of India and led by Polygon and local fintech company ANQ, is designed to achieve India’s long-term fintech goals, including fast, transparent and efficient transactions.

    For companies, the stablecoin could serve as a reliable, cost-effective digital payment rail that meets global standards. It also promises to connect traditional banking infrastructure with blockchain-powered systems, creating smoother and more efficient financial operations.

    Why ARC is significant for India

    The timing of ARC launch positions India at the forefront of one global relocation towards regulated stablecoins. Other countries and regions are making significant efforts to speed up international payments and strengthen cross-border liquidity.

    By processing transactions on blockchain rails, ARC can eliminate long wait times, reduce reconciliation issues, and enable precise, real-time tracking.

    For companies managing high volumes of transactions, this means lower operating costs, fewer errors and improved liquidity management. The efficiency gains could have a particular impact on sectors such as e-commerce, remittances, supply chain finance and B2B payments.

    Over and beyond strengthens ARC the trust in Rupee based digital assets at a time when the global stablecoin market is dominated by US dollar-backed products like USDT and USDC dominated becomes.

    The United States is home to the largest stablecoins by market cap, such as Tether (USDT) and USDC. As CNF previously reported, the US has passed the GENIUS Act, which allows financial institutions to issue fiat-backed stablecoins within a clear legal framework.

    Also worth noting is the implementation of the Markets in Crypto Assets Regulation (MiCAR) in the European Union, which creates a comprehensive framework for digital assets, including stablecoins. A consortium of European banks has also announced the planned launch of a MiCAR-compliant euro stablecoin.

    Hong Kong has passed the stablecoins law, with the Hong Kong Monetary Authority regulating issuance and expecting the first licenses in early 2026. In Japan, which is also part of the Asian region, a stablecoin law was passed that requires issuers of fiat-backed stablecoins to register with the Financial Services Authority. A stablecoin pegged to the yen was also launched.

  • Shiba Inu – Bitget launches SHIB payment card

    Shiba Inu – Bitget launches SHIB payment card



    • Shiba Inu’s new payment card in cooperation with Bitget allows you to pay with SHIB instead of cash, promoting the adoption of cryptocurrency in everyday life.
    • Whale activity, positive funding rates and a bullish RSI suggest short-term SHIB recovery and increased market exposure.

    Shiba Inu is gaining new attention after launching the SHIB payment card in cooperation with Bitget. This development allows users to spend SHIB directly on everyday transactions, reflecting the token’s move towards practical application. Analysts see the card as a move that could increase engagement among crypto holders.

    The collaboration was announced on Wednesday via Shiba Inu’s official X account. Bitget Card plans to integrate SHIB into everyday payment systems and use the token beyond trading. This move can attract new users to the Shiba Inu ecosystem and give current owners the opportunity to make direct transactions in everyday life.

    The introduction of the payment card is in line with current market trends that focus on the real-life use of cryptocurrencies. Experts note that cryptocurrency spending tools help coins reach more users. The ability to use SHIB for everyday purchases can expand the ecosystem and attract attention from retail and institutional investors in the coming months.

    SHIB whale activity signals recovery

    Shiba Inu’s technical indicators are showing early signs of bullish momentum. The 30-day market value to realized value (MVRV) ratio was -10.09% on Thursday, indicating a low value. In the past, SHIB prices have rallied after hitting similar MVRV lows, often attracting new buyers on major exchanges and driving the price higher.

    Derivatives metrics also support the positive outlook. Coinglass’s OI-weighted funding rate shows that more traders expect SHIB to rise than fall. The funding rate turned positive on Tuesday and reached 0.012% on Thursday, the highest level since early October. These shifts in funding rates often occur before strong price recoveries.

    Quelle: Coinglass

    Data from CryptoQuant further highlights the strong buying pressure. Large whale orders lead both spot and futures markets, showing that investors are accumulating SHIB. This focus on large deals shows confidence and suggests that SHIB could be poised for a near-term recovery supported by both retail and institutional investors.

    RSI shows bullish divergence and also indicates recovery

    Shiba Inu encountered resistance near $0.0000099 on November 13, causing the price to fall by almost 10% by Wednesday. Currently, the token is trading around $0.0000086. The RSI on the daily chart shows a bullish divergence, meaning the price fell while the RSI remained high, often indicating a possible trend reversal or short-term rise.

    If the recovery gains traction, SHIB could attempt to reach $0.0000099 again. Strong momentum, active whales and rising funding rates are creating favorable conditions. Traders should monitor price movements closely as a confirmed recovery could lead to further buying and attract the attention of market participants.

    Quelle: TradingView

    The SHIB payment card plays an important role in the long-term use of SHIB. It gives holders a real way to spend their coins, increasing the value and engagement of Shiba Inu. Analysts say practical use often attracts investors and gives SHIB more support beyond trading speculation.

    The signals on the chain and in the derivatives indicate cautious optimism. A low MVRV, rising whale orders, and positive funding rates suggest that SHIB could recover in the near term. Traders are watching these signs to check the momentum and see if the token can continue to move higher.