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The dog-themed cryptocurrency Shiba Inu has recently experienced a significant increase in on-chain activity, driven by intriguing moves from large holders. According to data from IntoTheBlock, Shiba Inu has seen a staggering 1708.21% surge in netflows from these large players.

The popularity and interest surrounding Shiba Inu ecosystem tokens SHIB, BONE, and LEASH have been on the rise. However, it is important for holders of these tokens to exercise caution due to the increasing number of scams targeting them.

Bitcoin has reached a significant milestone, with its market capitalization surpassing $1 trillion. This achievement solidifies Bitcoin's position as a major player in the financial world. Over the past two weeks, Bitcoin's value has climbed by an impressive 20%, culminating in today's surge to levels unseen since December 2021.

PEPE, the Ethereum-based meme cryptocurrency inspired by the iconic Pepe the Frog character, has been listed on the major crypto exchange Bitstamp.

Whale Alert, the blockchain monitoring and analytics platform, has reported a substantial transfer involving Ethereum (ETH), the second-largest cryptocurrency by market capitalization. According to Whale Alert's tweet, a whopping 11,999 ETH, valued at approximately $31,846,205, was transferred from Binance, one of the leading cryptocurrency exchanges, to an unknown wallet.

Cardano (ADA) has experienced a surge in price, surpassing the 50-day EMA (Exponential Moving Average). This breakout indicates a strong bullish sentiment and presents growth opportunities for investors. The current support level for ADA is around $0.50, which has acted as a strong bounce point for the price. Maintaining this support level could lead to ADA targeting the next resistance level at approximately $0.60. If ADA continues to close above the 50 EMA, buying pressure may increase, potentially pushing the price to higher levels, with $0.65 as the next major target.

An enormous volume of Shiba Inu tokens, amounting to a colossal 3.2 trillion SHIB, has been transferred within just 24 hours. This significant movement of tokens has caught the attention of the cryptocurrency community, sparking speculation about its potential implications.

Dogwifhat (WIF), the hottest meme coin on Solana, has experienced a remarkable surge, reaching $0.46 cents today. This surge has propelled Dogwifhat's market capitalization close to half a billion dollars, securing its position as the 123rd largest cryptocurrency by market capitalization.

Bitcoin (BTC) has once again made headlines by surpassing the $50,000 threshold, trading at $51,186. This represents a 2.19% increase in the last 24 hours and a significant surge of 19.23% over the past week.

Robinhood Markets, the online trading platform known for democratizing finance, has announced its latest quarterly earnings, revealing a swing to profitability and impressive growth in key areas.

Fidelity, a prominent asset manager, has announced a reduction in the fee for its Bitcoin Exchange-Traded Product (ETP) in Europe. The Fidelity Physical Bitcoin ETP (FBTC) will now have its total expense ratio (TER) slashed from 0.75% to 0.35%, making it more competitive on the market.

According to CoinMarketCap, most coins are setting new local peaks. Here are the latest updates on the top coins:

Shiba Inu's blockchain solution, Shibarium, has recently observed a substantial surge in online engagement, indicating multiple-digit growth within a 24-hour period. The platform's metrics reflect a notable uptick in user participation, underscoring its growing prominence within the crypto community.

Richard Teng, the new chief executive of Binance, the largest cryptocurrency exchange by trading volume, took to his Twitter/X account to comment on the significant milestone reached by Bitcoin today. Bitcoin not only surpassed the $51,000 level but also regained $1 trillion market capitalization for the first time since 2021. Teng described this as a big milestone for Bitcoin.

Bitcoin ETFs have witnessed a remarkable surge in investment activity, with a substantial influx of $631 million reported in the past 24 hours. According to data from BitMex Research, eight Bitcoin ETFs collectively accumulated 12,736 BTC during this period, indicating a significant uptick in investor interest.

Cardano (ADA) is currently making waves in the crypto space, with its social mentions potentially outshining even Bitcoin (BTC), the reigning king of cryptocurrencies. Recent data reveals a surge in interest and activity surrounding ADA, reflecting positively on its price movements and market capitalization.