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Bitcoin, Cryptos & Shiba Inu – American Wrap 18 September

CryptocurrenciesBitcoin, Cryptos & Shiba Inu – American Wrap 18 September


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New York’s State Department of Financial Services (NYDFS), the regulator responsible for financial services and products registered by firms within the state, is about to issue new guidance for crypto firms with the aim to improve transparency about the process of listing and delisting crypto assets.

 

Bitcoin (BTC) zoomed above the $27,000 price level in European afternoon hours on Monday, with ether (ETH) holding above support levels, though interest-rate decisions due later this week may introduce downward pressure.

 

Shiba Inu, one of the largest meme coins in the crypto ecosystem, seems to be gearing towards a price recovery, according to the latest on-chain developments. Large volume transfers initiated by whales moved 1.52 trillion SHIB tokens in the past 24 hours.

 


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