The Shiba Inu price rally has stalled as trading volume, futures open interest, and its burn rate continue to decline. Shiba Inu (SHIB), the second-biggest meme coin in crypto, has dropped to $0.000015, down from this week’s high of $0.00001750. CoinGecko data shows that the daily volume has dropped in the past few weeks, signaling…
Bitcoin price has stalled below $105,000, but a popular model points to a surge to between $275,000 and $300,000 by October this year. Bitcoin (BTC) was trading at $103,400 at press time, a few points below this month’s high of $105,900. The Bitcoin Spiral Clock is a popular model that looks at Bitcoin price cycles…
Bonk, the dog-themed utility token, wiped nearly 14% of its value in the last seven days. The fifth-largest meme coin by market capitalization has observed a large volume of capitulation in the past week. However, technical indicators point at likelihood of gains next week. Bonk price forecast Bonk (BONK), a Solana-based meme coin with a…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Right now, protocols are stuck: cycling between incentive-driven inflows and inevitable outflows of liquidity as providers chase higher and higher returns. Even with existing bridging and wrapping solutions, because of concerns around…
A recently launched leveraged XRP ETF (exchange-traded fund) continued adding assets last week even as the XRP price retreated. The Teucrium 2x Long Daily XRP ETF, whose ticker symbol is XXRP, has accumulated over $106 million in assets since its approval in April. Most importantly, the fund has added assets in all weeks since its…
Bitcoin price remained in an extended consolidation after the U.S. lost its last triple-A credit rating on Friday. Bitcoin (BTC) was trading at $103,000, 2.8% below its highest level this month. This slight pullback has brought its market cap to $2.045 trillion. Moody’s US credit rating downgrade The biggest macro-related news on Friday came from…
Coinbase stock price had its best week since November last year, even as the company moved from one bad news to another. Coinbase shares ended the week at $266, their highest level since February and 88% above their lowest level this year. This gives Coinbase a market cap of over $67.8 billion. Coinbase stock price…
The crypto market continued its downward trend on Saturday, May 17, with most altcoins erasing some of their recent gains. Bitcoin (BTC) price dropped from this week’s high of $105,000 to $103,000. Some of the top laggards were Pi Network (PI), Bonk (BONK), Floki (FLOKI), and Pudgy Penguins (PENGU), which dropped by over 10%. Top…
Pi Network price continued its downward trend on Saturday as concerns about its centralization and token unlocks remained. Pi Coin (PI) dropped to $0.7040, down by over 57% from its highest point this week. This decline in a volume environment led to a $6 billion wipeout as the market cap moved from $11 billion to…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Just three years ago, spot Bitcoin ETFs were hailed as crypto’s final gateway into mainstream finance. And for a brief moment, they looked like they would truly revolutionise investing. After a flurry…
