Bitcoin experienced a decline of more than 10% in the previous week due to the surge in the yield of the 10-year inflation-indexed security, marking its highest point since 2009.
The dollar value held within open SHIB futures contracts has exceeded $100 million, marking the first instance of such levels since February.
In the future, digital identity verification will be an integral component of all Shiba Inu developments, extending its implementation to the upcoming Shibarium layer 2 blockchain.
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