SHIB Holdings Plummet, Cardano ETF Decision Looms, Strategy Buys Billions in Bitcoin: Crypto News Roundup

Crypto markets are buzzing with news updates from U.Today’s top three stories. Here’s a breakdown: Coinbase Prime recently moved over 142.7 billion SHIB tokens worth $2 million to an inactive wallet without explanation, leaving market observers wondering about the purpose. Meanwhile, the SEC is nearing its decision on Grayscale’s ADA ETF application, with speculation mounting that approval could occur this week. Finally, Strategy’s Bitcoin investment has surged past the $40 billion mark after a recent purchase worth $427 million, bringing their total to nearly $64 billion. The company plans to continue buying Bitcoin regardless of price fluctuations.