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Morning Crypto Assets Report: Is it still a good time to get into Shiba Inu (SHIB)? Elon Musk's SpaceX has resumed unusual trading activities in Bitcoin, and a $1 billion Ripple stablecoin has gained attention in the UAE.

Shiba Inu (SHIB) rose by 9.55% this week, marking the first weekly rebound in over a month, with the Bollinger Bands indicating potential upward targets of $0.00001169 and $0.00001561. SpaceX transferred 1,163 Bitcoins, worth $105.23 million, to new Addresses, which may be related to Coinbase Prime. SpaceX's treasury holds 6,095 Bitcoins, valued at $558 million. Ripple's stablecoin RLUSD has received regulatory approval from the Abu Dhabi Global Market (ADGM), allowing institutions to use it, with its supply increasing by 10 million coins, maintaining a market capitalization between $1.25 billion and $1.26 billion. Bitcoin is trading close to $90,000, with key support level at $88,000 and resistance level between $96,000 and $100,000.

SHIB-7.08%
BTC-7.17%
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