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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Shiba Inu – American Wrap 10 September

Bitcoin overcomes key resistance amid risk-on mood, mild ETF inflows

Bitcoin (BTC) trades just above $57,000 on Tuesday after gaining almost 4% on Monday,  buoyed by mild ETF inflows, increasing whale buying activity during price dips, a long-to-short ratio above one, and increasing stablecoin holdings on exchanges.
Tether, TRON and TRM Labs announced on Tuesday the creation of a new financial crime unit. This collaboration aims to combat illicit activity associated with the use of USDT on the TRON blockchain with the combined help of TRM Labs’ anti-financial crime expertise, TRON’s blockchain technology, and Tether’s investigations team.
 
Shiba Inu (SHIB) ecosystem’s Layer 2 chain hit an important milestone as it recorded the highest number of contracts deployed in three months. A Shiba Inu team member behind the X handle @LucieSHIB shared Shibarium’s milestone in a recent tweet. 
 

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