Shiba Inu (SHIB) is in the green days after posting a recent death cross, a technical indicator that typically signals bearish momentum. A death cross occurs when a shorter-term moving average, often the 50-day, dips below the longer-term 200-day moving average.
The market is mainly falling today, however, there are some exceptions, according to CoinStats.
Bitcoin's (BTC -1.00%) price soared nearly 290% over the past two years. That rally was driven by the approvals of its first spot-price ETFs last January, its halving (which reduces its mining rewards) last April, expectations for lower interest rates, and the Trump administration's crypto-friendly policies.
Cardano was in a tight range at a crucial support level after Charle Hoskinson made a case for the network and its token.
Shiba Inu (SHIB) has lost a key support level, says Ali Martinez in a recent price outlook for the popular meme-inspired cryptocurrency. The next major support zones to watch are $0.000011 and $0.000008 per SHIB, predicts Martinez.
Shiba Inu (SHIB), one of the most talked-about cryptocurrencies in recent years, has shown remarkable volatility, often swinging from lows to explosive highs. Despite a recent dip to $0.000014, its price has recovered slightly to $0.00001520, leading many investors to wonder: could a $1,000 investment in SHIB today lead to significant returns if it replicates its past surge?
Cardano is trading above key demand levels after experiencing a volatile Friday. The market reacted sharply to the news of Bybit's $1.4 billion hack, causing widespread fear and uncertainty.
Here is the latest Cardano (ADA) price prediction and how a new altcoin is poised to redefine crypto investments in 2025, blending technical analysis with emerging market trends.
SHIB's price has suffered a lot in the past month, is there hope?
Shiba Inu's Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user engagement and network usage.
Shiba Inu recovery could be around the corner as there's a substantial rise in whale activity. With more than a 90% increase in inflows, there's certainly a bullish tendency around large SHIB holders.
Despite the 79% drop in whale activity, Shiba Inu's future may still hold promise.
Crypto Highlights This Week: The broader market concludes another interesting week, primarily keeping investors on their toes. Cryptocurrency exchange behemoth Bybit suffered a $1.4 billion hack this week, whereas BTC and altcoins remained stagnant despite market advancements.
Cardano (ADA) has shown resilience in recent days, bouncing back with a 4% recovery. However, the coin now seems poised to test its ascending trendline support once again.
Cardano (ADA) recently witnessed an impressive recovery of nearly 4%. However, the price now seems to be moving toward a retest of the ascending trendline support. This decline is driven by bearish market sentiment and the recent heist experienced by Bybit.
Litecoin (LTC) is currently caught in a downward trend that could lead to a sharp price drop. Recent market data indicates that LTC, which has seen strong trading activity in recent months, may be on the verge of a 25% decline due to increased selling pressure.
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently navigating a critical moment in its price action. While the cryptocurrency industry faces turmoil following a massive $1.4 billion hack targeting the ByBit exchange, ADA has shown remarkable stability.
Liquidation heatmap and the 4-hour chart revealed that SHIB is likely to consolidate within a range in the near-term.
Shiba Inu (SHIB) the top meme coin is showing strong bullish potential with a confirmed double-bottom pattern and rising open interest. Shiba Inu (SHIB) Price Prediction for February 23 After a notable price drop following Bybit's $1.4 billion crypto heist, the overall cryptocurrency market appears to be recovering.
Cardano survived the ByBit hack, but can it go on from here?
A spot XRP exchange-traded fund (ETF) is getting closer to approval after the US securities regulator acknowledged the filings submitted by Bitwise, Grayscale, and 21Shares. This approval will bode well for XRP price but crypto traders are looking for the top XRP rivals that could outperform it and possibly rally by 100x.
Amid the ongoing market uncertainty, while the majority of cryptocurrencies are witnessing price recovery, Litecoin (LTC) is poised for a massive price drop. The potential reason for this bearish speculation is the formation of negative price action and traders' bearish sentiment, as reported by the on-chain analytics firm Coinglass.
A single transaction totaling 13,046,414 SHIB has recently caught the attention of the Shiba Inu community.
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.
Cardano is facing massive upward pressure, which has dragged the price by more than 5% to $0.76 while the trading volume has increased by over 47% to reach above $970 million.
Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks.
In the last seven days, Shiba Inu (SHIB) has dropped in value by a significant 8.09%. The dog-themed meme coin has fallen more profound in the previous 30 days, declining by 22.81%.
Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
Cryptocurrency analyst and trader Ali Martinez has shared a chart provided by the on-chain data aggregator Santiment.
Shiba Inu price remains bullishly eyed by traders and investors despite the broader market volatility as its burning chronicles constantly kill supply. The latest burn metrics indicated that nearly 128 million SHIB was burnt over the past week.
Despite notable price drops across the cryptocurrency market, Cardano (ADA) has held steady above the crucial $0.74 support level. Additionally, ADA's four-hour chart appears to be mirroring XRP's, which looks bullish. Current Price Momentum Currently, ADA is trading near $0.77 and has dropped 3.25% in the past 24 hours.
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography.
Crypto analyst Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend.
Cardano, the innovative blockchain platform, has reached an important milestone, reflecting its growing popularity and expanding user base. As of February 19, 2025, the number of wallets created on the Cardano network surpassed a significant 5.2 million.
On-chain data shows Bitcoin (CRYPTO: BTC) has maintained its strength comparatively to overall crypto market volatility as a major market move may be imminent. What Happened: In a post on X on Friday, analytics provider Glassnode showed meme coins experiencing sharp declines, with TRUMP (CRYPTO: TRUMP) dropping by 33.1% and Shiba Inu (CRYPTO: SHIBA) falling by 27.9%.
Canary Capital's spot Litecoin exchange-traded fund has made an appearance on a list maintained by the Depository Trust and Clearing Corporation (DTCC).
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
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The spot litecoin exchange-traded fund (ETF) run by Canary Capital has been added to the Depository Trust and Clearing Corporation (DTCC) website. While the listing marks progress, it does not secure approval from the U.S. Securities and Exchange Commission (SEC).
Litecoin price has surprised several of late with its latest surge. To be precise, the LTC price today pumped by over 5%, making it trade at $134 with a market capitalization of over 10%.
It's not every day that the crypto world gets a break, but this week, it seems like one just landed. The SEC, after months of legal back-and-forth, has agreed in principle to drop its enforcement case against Coinbase.
A new player is capturing the attention of investors tired of chasing outdated memecoins. Mutuum Finance (MUTM), priced at just $0.01 in the opening phase of its presale, has already raised over $1 million from more than 1,900 holders.
Growing confidence in a spot Litecoin ETF approval surged the blockchain's activity to nearly $10 billion in daily transactions.
Shiba Inu has faced significant challenges in recent months, failing to break free from its ongoing downtrend. Despite the altcoin's struggles, recent investor activity indicates a potential shift.
One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Cardano founder Charles Hoskinson has stirred speculation over a potential U.S. government adoption of Cardano (ADA) under Elon Musk's DOGE. The post Elon Musk to Back Cardano? Hoskinson Hints at US Crypto Adoption Plans appeared first on Cryptonews.