As it is firmly compressed between two important exponential moving averages, Bitcoin is currently experiencing a crucial technical moment that resembles a traditional price squeeze. Although bulls may just be in the lead, this tension in the charts is preparing for a possible volatility-driven breakout in either direction.
The marketing lead for Shiba Inu (CRYPTO: SHIB), Lucie, has issued a critical warning to the SHIB community. The warning is about potential scams and the significance of self-education in the cryptocurrency space.
Canary Capital submits TRX ETF application to SEC; expands crypto products.
In a recent post on X, Shiba Inu team member Lucie issued an important message to the SHIB community.
New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days.
Despite signs of sustained activity, Shiba Inu (SHIB) is sinking into a downward spiral of underperformance. Contrary to the rebound seen in other altcoins, the token shows a historically low profitability rate, revealing a deep imbalance in its market structure.
Shiba Inu has recently displayed indications of establishing a critical support level at the $0.000012 mark supported by on-chain data that shows that over 26,000 wallet addresses hold a staggering 21 trillion SHIB volume at this price point. Depending on the direction of market sentiment going forward, this critical support may serve as the foundation for future price movement.
After surpassing Tron and entering the top eight cryptocurrencies by market capitalization, Dogecoin has formally regained its place as one of the most valuable digital assets available. The meme coin, which is frequently written off due to its meme nature, is still proving to be resilient in the competitive cryptocurrency market while not providing any kind of fundamental value.
Everyone's talking about Shiba Inu again, and some believe it could make you a millionaire by 2025.
SHIB's burn rate spiked over 3,273%, stirring bullish sentiment as traders eye a breakout.
Justin Sun, the founder of Tron (TRX), has confirmed speculation surrounding a potential spot TRX exchange-traded fund (ETF). In a post to his 3.8 million followers on X, Sun shared a link to a Form S-1 filed by Canary Capital, marking the first official bid for a staked TRX ETF in the U.S. The proposed ETF aims to track the spot price of TRX while offering investors a 4.5% annual yield through staking rewards.
Canary Capital Group LLC filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday for its Canary Staked TRX ETF.
SHIB team's marketing lead known under the pseudonym Lucie has taken to her account on the X social media platform to talk to the SHIB community about scammers and things that are necessary to oppose their attacks.
Toncoin (TON) is trading in the lower part of the chart between the support of $2.50 and the high of $4.00.
Charles Schwab, a major brokerage firm in the United States, has announced plans to start direct spot crypto trading within the next 12 months. This news has sparked interest among crypto enthusiasts, especially for assets like XRP, Dogecoin, and Shiba Inu, as the firm aims to tap into the growing digital asset market.
US spot exchange-traded fund applications continue to pile up. Nashville, Tennessee-based Canary Capital filed to list an ETF on Friday that holds the Tron blockchain network's native token, TRX, which will include staking capabilities.
The Tron price has stalled between the key support and resistance levels at $0.2210 and $0.2595 even as its fees rise. The Tron (TRX) token was trading at $0.
Shiba Inu (SHIB) has rebounded alongside the rest of the crypto market, but there is a looming hurdle on the chart that could make or break the next major move.
According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform.
Shiba Inu (SHIB) recently cleared the $0.000012 resistance level in the crypto market as positive sentiments return to the ecosystem. Despite this development, only 10.62% of accounts are profitable, as the recent uptick has not impacted SHIB holders.
Canary Capital has submitted a fresh application to the SEC for a spot Tron exchange-traded fund (ETF) that would include a staking component. The post Canary Capital Files for Spot Tron ETF with Staking Feature appeared first on Cryptonews.
Justin Sun, founder of Tron (TRX), has broken the silence on the speculation about an exchange-traded fund (ETF) making the rounds in the crypto space. Sun validated the news by sharing an update with his over 3.8 million followers on X.
Canary Capital has filed a Form S-1 registration with the US Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) focused on Tron (TRX).
Canary capital files with SEC for staked Tron ETF amidst rising demand for altcoin ETFs.
While the net capitalization of the cryptocurrency market is losing value again, the segment of meme cryptocurrencies is sending mixed signals to its audience. Amid all largest dog coins, Shiba Inu (SHIB) shows the strongest performance in the last 24 hours.
TRON whales and retail traders exit the market as price falls, suggesting potential continuation.
One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.
Shiba Inu (SHIB) holders may need to brace for a challenging stretch, as historical price data from CryptoRank paints a bearish outlook for the next seven months. While SHIB has seen explosive gains in the pastmost notably in May 2021those moments are rare.
Tron (TRX) has dropped 1.26% in the past 24 hours, now trading at $0.2441. However, a significant development is catching attentionIntoTheBlock data reveals a massive 10.45 billion TRX sell wall, posing a strong resistance to price growth.
Canary Capital has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of TRONs native token, TRX. Named the Canary Staked TRX ETF, the proposed product would stake portions of its TRX holdings through third-party providers to generate additional yield, with BitGo serving as the custodian.
With a SHIB burn of nearly 28 billion tokens in a day, there could be a strong impact on SHIB's price. The burn activity of Shiba Inu (SHIB) is receiving attention once more after a spike.
Canary Capital has filed for a staked Tron ETF with the SEC, aiming to offer investors exposure to TRX price and staking rewards.
The staking feature for crypto ETFs will likely be approved by the Donald Trump administration. TRX, against the U.S. dollar, has been preparing to enter its macro price discovery. Canary Capital Group filed with the United States Securities and Exchange Commission (SEC) on April 18 to offer Canary Staked TRX ETF.
Fear remains the key emotion in the crypto space even as enthusiasts remain optimistic of a recovery in the foreseeable future. While most majors and meme coins are still under selling pressure, Bitcoin has benefited from its stability.
Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins.
As filings pile up for proposed U.S. ETFs based on XRP, Solana, Dogecoin, and other assets, Canary aims to launch the first Tron fund.
United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network's native token, TRX (TRX), regulatory filings show. The fund intends to hold spot TRX and stake a portion of the tokens for added yield, the filing said.
Canary Capital has filed for a new exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), proposing the Canary Staked TRX ETF launch. According to the S-1 registration statement submitted on April 18, the fund would offer investors exposure to the price movements of TRX while incorporating staking features.
Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Canary Capital is looking to get the SEC's sign-off for an ETF that would track the Tron token TRX and has a staking component.
Canary's ETF filing could accelerate mainstream crypto adoption by simplifying access to TRX investments and staking rewards. The post Canary files for TRON spot ETF with staking feature appeared first on Crypto Briefing.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
SHIB will return to its bullish trend once the buyers push the price above the moving average lines and the positive momentum continues.
Shiba Inu (SHIB) has registered notable price gains in the last 24 hours as it broke a critical resistance level. Given its upward trajectory, SHIB looks set to lose another zero in price as activity picks up on the crypto market.
The crypto market has largely consolidated over the past week, as bulls attempt to regain control.
When looking at Shiba Inu coin price history by CryptoRank, one thing stands out - the next few months might not be kind to SHIB holders. While there is always hope that things could change, the trend is clear - the next seven months could be tough.
Tron (TRX) has registered a 1.26% decrease in price to trade at $0.2441 in the last 24 hours. However, a notable development in the Tron ecosystem has teased a major sell wall on the horizon.
Cryptocurrency mogul Justin Sun declared Thursday that he won't dump his Ethereum (CRYPTO: ETH) holdings despite the continued decline in its value. What Happened: Sun, the founder of the Tron (CRYPTO: TRX) blockchain, expressed a strong conviction for the second-largest cryptocurrency in an X post.