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Crypto Exchange Kraken to List Shiba Inu, Fulfilling Nov. 1 Twitter Promise as SHIB’s Fortunes Fall

The announcement gave SHIB a price surge after a dismal November.

Updated May 11, 2023, 3:22 p.m. Published Nov 29, 2021, 7:55 p.m.
A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets.
A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets.

Cryptocurrency exchange Kraken will support the popular, Ethereum-based memecoin , which is expected to begin trading Tuesday, the company said in a blog post on its website Monday.

  • The announcement comes less than a month after Kraken failed to fulfill a promise in listing SHIB after its crypto platform product lead Brian Hoffman issued a Twitter “likes” challenge. Following an uproar among SHIB supporters, the company said there was “more work” to do as it moved through its token listing review process.
  • Kraken said Monday the minimum, required deposit is 373,000 SHIB, and that the coin will be tradable against the U.S. dollar and euro, with a trading minimum of 50,000 SHIB.
  • SHIB margin and futures trading will not be available for investors, the exchange said.
  • SHIB jumped over 16% at one point Monday as the broader cryptocurrency market continued to rally following Friday’s sell-off.

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Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%

Sign saying "Now Hiring" sits on a lawn.

Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.

What to know:

  • The U.S. added 64,000 jobs in November, while the unemployment rate rose to 4.6%.
  • As for October, employment fell by 105,000 versus 119,000 jobs added in September.
  • Both reports had been delayed to the U.S. government shutdown.