Shiba inu price plunges despite 800% burn rate surge: here’s why

The post Court Dismisses Case Over Lost Virtual Dollar Investment appeared on BitcoinEthereumNews.com. Key Points: An investment in “virtual dollars” led to a legal case dismissal. Court: overseas investments are unprotected by Chinese law. No market impact on major cryptocurrencies observed. The Wuxi Intermediate People’s Court in Jiangsu, China, dismissed a suit over a failed investment in “virtual US dollars” after an overseas platform’s abrupt collapse, impacting investor Zhou Ming. Highlighting legal unprotection for overseas investments, this reinforces China’s stance against non-registered crypto activities, cautioning investors on risk exposure beyond regulated platforms. Wuxi Court’s Ruling Underscores China’s Stance on Overseas Risks “Investments made on overseas platforms remain unprotected by Chinese law. Such activities carry inherent risks with the responsibility falling on the investor.” — Wuxi Intermediate People’s Court, Judicial Decision Maker, source The dismissal emphasizes the longstanding position of Chinese courts on investment risks undertaken abroad. The absence of legal safeguard for such activities reflects ongoing judicial interpretation aligning with national policy, reiterating the central government’s standing on limits to protection offered for foreign financial engagements. Community reactions remain mild, overshadowed by broader international concerns over the regulatory environment within China, given the nature of cryptocurrency associations and speculative endeavors. China’s Crypto Regulations and Market Observations Did you know? In a 2025 Fujian case, a similar legal stance was enacted, underscoring the restrictions on unprotected overseas crypto investments within China’s judiciary system. Ethereum (ETH) holds a market cap of $518.70 billion and trades at $4,297.26. It dominates 13.60% of the market with a 24-hour trading volume reflecting a decrease. Notably, ETH experienced a 72.74% increase over 90 days. CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 03:08 UTC on September 7, 2025. Source: CoinMarketCap Expert analysis indicates potential regulatory tightening following such court decisions. The stance from China’s judiciary suggests a continued monitoring of overseas trades to align legal approaches with existing monetary…

The post Which Cryptocurrency to Buy Today? Experts Favor Mutuum Finance (MUTM) Over SHIB and PEPE appeared on BitcoinEthereumNews.com. When investors look to buy crypto today, meme tokens like Shiba Inu (SHIB) and Pepe (PEPE) often dominate conversation for their cultural flair and historic pop. But analysts are singling out Mutuum Finance (MUTM), currently priced under $0.05, as a more strategic choice. Here’s why the fundamentals back that call. SHIB and PEPE: Culture-Rich, Growth-Limited Shiba Inu (SHIB) is trading at around $0.0000123 USD, with a huge circulating supply near 589 trillion tokens. Its ecosystem includes ShibaSwap and the emerging Shibarium Layer-2, reflecting a broader, community-driven narrative. Still, such a massive supply means even small price gains translate into modest returns. Pepe (PEPE) trades near $0.0000099 USD, making it another accessible meme coin with strong cultural momentum. Despite viral demand, PEPE lacks protocol-level innovation, relying instead on social trends, which may not sustain long-term growth. Both have undeniable meme coin status. But for investors aiming for growth grounded in structural design and not just token mash-ups, there’s another player in focus. Mutuum Finance (MUTM) Mutuum Finance (MUTM) is a DeFi protocol that unites lenders, borrowers, and liquidators within a single ecosystem. A key driver of its long-term value is the buy-and-redistribute mechanism, where a portion of platform fees is used to repurchase MUTM on the open market and redistribute tokens to users staking mtTokens in the safety module. This approach sustains consistent buying pressure while rewarding active participants, reinforcing organic upward momentum. The project also stands out by launching its beta version alongside the token listing, ensuring the platform is live and functional from day one. This immediate usability increases the likelihood of listings on top-tier exchanges, boosting liquidity and exposure in ways that meme coins rarely achieve. Mutuum Finance further builds credibility with a completed CertiK audit, earning a 95/100 score that validates its smart contracts and reinforces investor…

PANews reported on June 22 that Coinglass data showed that in the past 24 hours, the cryptocurrency market had a total contract liquidation of $1.013 billion, of which $110 million