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Here are the three best news from U.TODAY since last day.
Biggest Shiba Inu (Shib) “falling knife” in 2025
Shiba Inu has experienced a significant drop, showing the most notable signs of this year Tall knife model. The shadow of the large candle on the daily graph indicates increased volatility of the market, leaving uncertain investors of future prices. At the time of writing, SHIB is negotiated at $ 0.00001817, the previous level of support of $ 0.000020 becoming a resistance point. If SHIB manages to return to $ 0.000019 and keep above with increased trading volume, a rebound to $ 0.000022 can be possible; However, if the token even does not maintain this level, it could lead to an additional drop to $ 0.000017 or less. The current sales pressure and the downward mobile averages highlight the upcoming challenges, which makes the levels of 0.000019 and 0.000017 $ critical to determine the short -term SHIB trajectory.
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The CEO of Ripple opposes the Bitcoin reserve
In a recent X postCEO of Ripple Brad Garlinghouse expressed strong opposition The idea of creating a Bitcoin strategic reserve. The executive believes that a reserve of digital assets should represent the entire industry rather than limit itself to a single token. In his opinion, the token affiliated with ripple, XRP, should also be included if such a reserve is created. Garlinghouse underlined his personal investment in several cryptos, including Bitcoin and Ethereum. “I have XRP, BTC and ETH among a handful of others- we live in a multi-hole world, and I pleaded for a field of levels, instead of one token compared to another,” He declared. Meanwhile, the current rivalry between Bitcoin supporters and XRP enthusiasts intensified, with accusations that Ripple has secretly put pressure on the Bitcoin Reserve initiative. Garlinghouse apparently confirmed Ripple’s lobbying efforts with his recent declaration, arguing that maximalism is “the enemy” of crypto progress.
France is launching probe on Binance
French investigators initiated a probe in binance, as reported by Reuters. The investigation focuses on allegations of money laundering, tax fraud and other illicit activities, with potential implications that these violations have also been committed in other EU countries. This development follows a preliminary survey initiated by the Paris prosecutor’s office in 2023 concerning similar questions of money laundering. Binance promised to “vigorously fight” all the accusations brought and expressed disappointment as to the extended duration of the investigation. In particular, the former CEO Changpeng Zhao (CZ) was the only shareholder in Binance France until last May, when he was replaced by two new shareholders. The status of CZ as the only owner would have prohibited the exchange from operating in the country, because French law does not allow criminals to be in the majority. In addition to its legal challenges in France, Binance has encountered significant regulatory obstacles in other countries, including a regulation of $ 4.3 billion with American prosecutors after pleading guilty of having violated sanctions and Anti-flowering laws.