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Yahoo
30-07-2025
- Business
- Yahoo
Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shiba Inu (CRYPTO: SHIB) is seeing a new spike in its burn rate after its expansion to the Base blockchain, renewing hopes for a fresh Ticker Price Market Cap 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001353 $7.97 billion -13.1% Dogecoin (CRYPTO: DOGE) $0.2308 $34.7 billion -17.7% Pepe (CRYPTO: PEPE) $0.00001218 $5.1 billion -12.7% Trader Notes: According to TradingView's July 26 analysis, SHIB was consolidating just below key resistance at $0.00001402 on the 2-hour chart. The setup suggests a bearish scenario may play out, with a minor bounce followed by a drop toward the $0.00001299 support zone. Resistance levels to watch: $0.00001405 $0.00001432 Don't Miss: Be part of the breakthrough that could replace plastic as we know it—invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25 Statistics: Shibburn data shows the burn rate spiking 374,629.7%, as a single transaction involved the burn of 600.7 million SHIB, worth $8,300. IntoTheBlock data shows Shiba Inu large transaction volume dropping by 71.2%, while daily active addresses grew by 12.9% in a single day. Community News: In a major update, Shiba Inu announced that SHIB is now live on the Base blockchain, Coinbase's Ethereum Layer-2 network. The move is aimed at strengthening its burn mechanics and building new DeFi utility. The team called it the 'burn engine fuelling the whole ecosystem,' with Creator Coin activity on Zora contributing to over 600 million SHIB burned. "The more it grows on Base, the bigger the blaze," the team stated, emphasizing scarcity-driven value appreciation. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On? originally appeared on
Yahoo
30-07-2025
- Business
- Yahoo
Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shiba Inu (CRYPTO: SHIB) is seeing a new spike in its burn rate after its expansion to the Base blockchain, renewing hopes for a fresh Ticker Price Market Cap 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001353 $7.97 billion -13.1% Dogecoin (CRYPTO: DOGE) $0.2308 $34.7 billion -17.7% Pepe (CRYPTO: PEPE) $0.00001218 $5.1 billion -12.7% Trader Notes: According to TradingView's July 26 analysis, SHIB was consolidating just below key resistance at $0.00001402 on the 2-hour chart. The setup suggests a bearish scenario may play out, with a minor bounce followed by a drop toward the $0.00001299 support zone. Resistance levels to watch: $0.00001405 $0.00001432 Don't Miss: Be part of the breakthrough that could replace plastic as we know it—invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25 Statistics: Shibburn data shows the burn rate spiking 374,629.7%, as a single transaction involved the burn of 600.7 million SHIB, worth $8,300. IntoTheBlock data shows Shiba Inu large transaction volume dropping by 71.2%, while daily active addresses grew by 12.9% in a single day. Community News: In a major update, Shiba Inu announced that SHIB is now live on the Base blockchain, Coinbase's Ethereum Layer-2 network. The move is aimed at strengthening its burn mechanics and building new DeFi utility. The team called it the 'burn engine fuelling the whole ecosystem,' with Creator Coin activity on Zora contributing to over 600 million SHIB burned. "The more it grows on Base, the bigger the blaze," the team stated, emphasizing scarcity-driven value appreciation. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-07-2025
- Business
- Yahoo
Bitcoin, Ethereum, XRP, Dogecoin Turn Green As Trader Warns That 'Decision Time Is Near'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are recovering on Thursday, with Ethereum leading the rally across Ticker Price Bitcoin (CRYPTO: BTC) $119,157.24 Ethereum (CRYPTO: ETH) $3,738.63 Solana (CRYPTO: SOL) $189.07 XRP (CRYPTO: XRP) $3.23 Dogecoin (CRYPTO: DOGE) $0.2399 Shiba Inu (CRYPTO: SHIB) $0.00001388 Notable Statistics: IntoTheBlock data shows Bitcoin's large transaction decreased by 13.4% and daily active addresses grew 6.2%. Exchanges netflows were down by 90.8%. Transactions greater than $100,000 shot up from 10,510 to 11,053. Coinglass data shows 229,386 traders were liquidated in the past 24 hours for $666.60 million. The top losers in the past 24 hours include (CRYPTO: PUMP), Fartcoin (CRYPTO: FARTCOIN) and Virtuals Protocol (CRYPTO: VIRTUAL). Notable Developments: Remember CryptoPunks? This Public Company Just Traded $5.15 Million Worth Of Stock For A JPEG Crypto A Gamble Too Rich For Americans? 60% Say 'Never' Despite Bitcoin's All-Time High Moves Ethereum, XRP Sink While Bitcoin Holds: What's Going On With Altcoins? Jim Cramer Says He's Buying 'A Lot' Of Bitcoin As Protection Against Spiraling US Debt: 'Worried About My Kids' Will US Banks Launch Their Own Stablecoins? Bank Of America Says They Might Trader Notes: Glassnode data shows that Bitcoin's recent surge from $110,000 to $117,000 carved out a low-density accumulation zone, often referred to as an on-chain air gap. These gaps, while typically thin in volume, have historically served as bottoming zones during corrective phases. So far, Bitcoin has remained comfortably above its $122,600 all-time high, but if support falters, that air gap could re-emerge as a key demand zone. Trending: Be part of the breakthrough that could replace plastic as we know it— Crypto chart analyst Ali Martinez points to tightening Bollinger Bands on the 4-hour Bitcoin chart, signaling that a volatility spike is likely imminent. He suggests a decisive close beyond the $117,000–$119,700 range could set off the next significant directional Crypto Trades also highlighted that Bitcoin is nearing a critical decision point, noting price action has been trapped in a choppy triangle pattern for the last couple of weeks. He urges to wait for confirmation rather than anticipate the breakout prematurely, to avoid getting whipsawed by indecisive market behavior. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bitcoin, Ethereum, XRP, Dogecoin Turn Green As Trader Warns That 'Decision Time Is Near' originally appeared on
Yahoo
15-07-2025
- Business
- Yahoo
Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are off to a blazing start on Monday morning, with Bitcoin making a new all-time high above $123, Ticker Price Bitcoin (CRYPTO: BTC) $121,812.36 Ethereum (CRYPTO: ETH) $3,070.88 Solana (CRYPTO: SOL) $167.48 XRP (CRYPTO: XRP) $2.99 Dogecoin (CRYPTO: DOGE) $0.2069 Shiba Inu (CRYPTO: SHIB) $0.00001383 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 14.7% and 7.9%, respectively. Daily active addresses dropped by 5.6% and 3.6%, respectively. Coinglass data shows129,769 traders were liquidated in the past 24 hours for $750.05 million. SoSoValue data shows net inflows of $1.03 billion into spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $204.8 million. Trader Notes: CoinBureau co-founder Nic Puckrin highlighted the importance of Bitcoin breaching a 7-year-long monthly resistance trendline, which acted as the ceiling in past bull markets dating back to 2018. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Rekt Capital says a convincing breakout above $124,000 would open the floodgates for Bitcoin, triggering rapid price discovery with little resistance above. Michael van de Poppe forecasts rising volatility, with sharp dips likely to be absorbed quickly. He believes the next major leg to $250,000 has begun, projecting $150,000 by Q3. Cryptoinsightuk explained that a break above $3.00 for XRP could unlock a move to all-time highs and initiate price discovery. The current price action is pressing against the final major resistance. Crypto trader Jelle noted Ethereum finally broke above the $2,800 resistance, flipping it into support. With momentum now shifting upward, the next key target is $4,000, as minimal resistance remains in that zone. Jelle shared a bold outlook, stating $600 is the long-term target for SOL, as the broader market rally gains traction. Crypto trader CW pointed out that DOGE has broken its first sell wall and is approaching the next resistance zone between $0.24–$0.26, signaling further upside Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing? originally appeared on
Yahoo
10-07-2025
- Business
- Yahoo
Bitcoin Stalls Around $109,000 While Ethereum, XRP, Dogecoin Edge Higher
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are trading modestly higher on Wednesday morning as markets await further tariff announcements by President Ticker Price Bitcoin (CRYPTO: BTC) $109,110.29 Ethereum (CRYPTO: ETH) $2,628.26 Solana (CRYPTO: SOL) $154.09 XRP (CRYPTO: XRP) $2.38 Dogecoin (CRYPTO: DOGE) $0.1736 Shiba Inu (CRYPTO: SHIB) $0.00001199 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transcation decreased by 15.1% and 21.4%, respectively. Daily active addresses are up by 13.5% and 0.8%, respectively. Coinglass data shows 68,688 traders were liquidated in the past 24 hours for $138.76 million. SoSoValue data shows net inflows of $80 million into spot Bitcoin ETFs on Monday, while spot Ethereum ETFs saw net inflows of $46.6 million. Trader Notes: Crypto trader BitBull spotted a potential inverse head and shoulders pattern on both the 3-day BTC chart and RSI. He says confirmation requires either a 3-day candle close above $110,000 or RSI closing above 70. If confirmed, BTC could enter a 3–4 week 'up-only' rally. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Crypto trader Momin flagged that Bitcoin dominance slipping below 65% could mark a shift to an altcoin-led rally, especially if the daily close confirms. With Ethereum showing strength and exchange supply drying up, he concluded, "A new rally likely incoming soon!" Follis sees a clean range developing in Solana and is watching for long entries on sweeps of the range low. For Ethereum, he also notes a clean setup but advises that high-probability trades lie at the extremes of the current range. DonAlt highlighted XRP coiling beneath resistance. He notes that if it doesn't break out soon, XRP could remain range-bound for another 1–2 Dogecoin, Hardy pointed out that $15 billion in liquidations are stacked between $0.17–$0.19. A move above this zone could trigger a massive, short squeeze with major upside potential. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bitcoin Stalls Around $109,000 While Ethereum, XRP, Dogecoin Edge Higher originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
