Shiba Inu (SHIB) exchange reserves have dropped to about 80.03 trillion tokens, nearing a key psychological threshold of 80 trillion. This decline suggests investors are moving SHIB off exchanges into long-term storage or staking, reducing tokens available for quick sale. Despite recent price weakness and SHIB trading below major moving averages, technical indicators like the oversold Relative Strength Index hint at possible seller exhaustion and a potential relief rally. If reserves fall below 80 trillion, it could mark a significant bullish development by limiting immediate sell pressure, although it doesn't guarantee price increases on its own.
Japan's largest marketplace, Mercari, has integrated Shiba Inu (SHIB) and Dogecoin (DOGE) into its platform, enabling 23 million users to purchase these cryptocurrencies using money earned from selling second-hand items or bonus points. This move is ...
Shiba Inu, XRP, Dogecoin, and Bitcoin all show signs of oversold conditions, suggesting potential short-term relief rallies. However, major moving averages remain resistance levels, indicating the overall bearish trend is intact. Bitcoin's recent sha...
Kalshi has filed with the U.S. Commodity Futures Trading Commission to introduce perpetual futures contracts for Hyperliquid's native token HYPE, marking an expansion of its crypto derivatives portfolio. This move follows Kalshi's earlier launches of...
Shiba Inu experienced intense buying activity with 266 billion SHIB tokens removed from exchanges in the last 24 hours, indicating increased demand. Despite this bullish signal, the token's price fell by 2.83% to $0.000004656, showing that selling pr...
Japan's SBI Shinsei Bank will reward depositors with bonuses in XRP, Bitcoin, or Ethereum worth 20% of their deposit interest, aiming to integrate more clients into its crypto ecosystem. Bitcoin is predicted to rebound to $90,000 based on technical i...
