Here are the top three news stories from the past day brought to you by U.Today.

Shiba Inu burn rate rises 4,100% as 21,709,094 SHIB disappear

yesterdayJanuary 8, Shipburn x account I mentioned A total of 21,709,094 SHIB tokens have been permanently removed from circulation. This significantly increased the Shiba Inu's burn rate, which increased by 4,100%. The increase in token burning is viewed positively by the Shiba Inu community, as it helps reduce the overall supply of cryptocurrency. However, despite this positive development, the price of the Shiba Inu fell by approximately 11% over the same period, coinciding with the decline in the broader cryptocurrency market. At the time of writing, SHIB is trading at $0.00002066, down 4.04% over the past 24 hours, according to CoinMarketCap.

XRP is seeing an extraordinary 111% increase in trading volume amid falling prices

You have seen XRP Big salesBeing one of the most liquid coins in the last 24 hours, traders lost $16.88 million, according to CoinGlass data. Despite this decline, XRP has maintained a bullish trading volume outlook; According to CoinMarketCap, yesterday, the asset's trading volume jumped 111%, with the dollar's valuation reaching $8.81 billion. Interestingly, this increased trading activity was triggered by a 6.39% drop in the price of XRP, with its price falling to $2,321. This unexpected development indicates that the XRP market has sufficient liquidity to meet the requirements of both futures and retail traders. Notably, the recent increase in trading volume could serve as a catalyst for a potential rebound in the price of XRP.

BNB is certified as a strategic reserve asset in this country: Ex-Binance CZ

This was announced by former Binance CEO Changpeng Zhao, also known as CZ An important milestone For Binance Coin (BNB) it is approved in Bhutan. Czechoslovakia recently Republished An article reveals that the Gelephu Mindness City (GMC) in Bhutan's new Special Administration Region has decided to include BNB, along with Bitcoin and Ethereum, in its strategic cryptocurrency reserves. This initiative positions GMC as one of the first jurisdictions to hold major digital currencies in its reserves. The city plans to use cryptocurrencies with large market capitalization and high liquidity to ensure ease of buying and selling with minimal impact on the price. Czechoslovakia expressed its approval of Bhutan's adoption of BNB, describing it as the "happiest country", saying: "Yes, and a beautiful and smart country too!"