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.
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The dollar value held within open SHIB futures contracts has exceeded $100 million, marking the first instance of such levels since February.
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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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