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Investors in Shiba Inu (SHIB) are showing signs of gearing up for another rally. Over the past three days, an impressive amount of SHIB tokens have been withdrawn from cryptocurrency exchanges – about 5.45 trillion. That’s equivalent to about $162 million at the current exchange rate.

A U.S. appeals court has overturned sanctions against the Tornado Cash protocol. In its ruling, the court said the Office of Foreign Assets Control (OFAC) had overstepped its authority.

Financial giant Cantor Fitzgerald has significantly expanded its presence in the cryptocurrency market. The company acquired 5% of the shares of the issuer of the USDT stablecoin, Tether. The deal, concluded back in 2023, is valued at $600 million.

On November 21, 2024, the Sui blockchain experienced a technical glitch and did not process new blocks for two hours.

Brian Brooks, former CEO of Binance.US and a board member of the HBAR Foundation, may become one of the heads of US financial regulators under the Donald Trump administration. Fox Business journalist Eleanor Terrett reported this, without specifying which agency she is talking about. Brooks may take a post at the US Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corporation (FDIC), the Financial Industry Regulatory Authority (FINRA), or even the Federal Reserve systеm (Fed).

The XRP cryptocurrency has shown impressive growth, adding 25% in the last 24 hours. In two weeks, the token’s value has increased by more than 100%, breaking the $1.11 mark and taking sixth place in terms of market capitalization among all digital assets.

Donald Trump’s victory has sent the cryptocurrency market into a frenzy, and Dogecoin has been one of the stars of the rally. In just one week, the memecoin has risen in price by an impressive 130%.

Cardano founder Charles Hoskinson has announced plans to actively collaborate with the Donald Trump administration in developing regulations for the cryptocurrency market in the United States.

MicroStrategy continues to show impressive results from its Bitcoin investments. According to the latest data, the company has 252,220 BTC on its balance sheet, purchased at an average price of $39,266.

Bitcoin has once again set a new record, reaching an all-time high of $75,011. This event was the result of a combination of factors that pushed the cryptocurrency market to new heights.