The SHIB burn rate skyrocketed by 27,660% in the past 24 hours, with 503,305,764 SHIB permanently removed from circulation, according to Shibburn. This dramatic increase was primarily driven by a single massive burn of 459,294,504 SHIB, with the remaining amount burned through smaller transactions.

Shiba Inu bulls have staged a mild comeback for the digital currency after more than a week-long SHIB sell-off. While still not out of the woods yet, the price of Shiba Inu was changing hands for $0.00000125, up by 2.87% in the past 24 hours, per CoinMarketCap data.

Popular blockchain tracker Shibburn has published a tweet, notifying the community about a mammoth amount of SHIB has been burned since last morning.

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum fell by 13% this week after the price failed to hold above $2,000.

Cardano's price continues its downward trend, dropping 40% weekly to stabilize at $0.70 amid bearish technical signals and concerns about prolonged U.S. trade wars

Since the first week of December 2024, the Shibarmy has experienced a choppy market for Shiba Inu (SHIB) akin to Ethereum (ETH). The mid-cap dog-themed memecoin, with a fully diluted valuation of about $7.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

ADA, the native token of the Cardano blockchain, seems to be facing strong resistance from the 200 Exponential Moving Average (EMA) on the daily timeframe, near the $0.75 mark. The daily chart shows that ADA has been facing this resistance for the last four consecutive days and is struggling to breach the 200 EMA.

Cardano price started a fresh decline below the $0.720 zone. ADA is correcting some losses and might face resistance near the $0.7750 level.

Shiba Inu is not only seeing a decline in price, but also a falling Open Interest. A technical outlook reveals a potential reversal.

The Cardano (ADA) price is currently testing a key support level and its reaction in the days ahead could have a huge impact on ADA's medium-term direction. The post Cardano Price Testing KEY Support Level – Massive Crash Coming? appeared first on Cryptonews.

Cardano (ADA) has struggled over the past week, dropping more than 23% and remaining below $1 for over seven days. Despite this bearish pressure, technical indicators suggest that the current downtrend may be losing strength.

Cardano's price action has shown signs of recovery after a recent dip, with the cryptocurrency bouncing from its lower support level. Over the past 24 hours, Cardano has gained close to 1%, reaching an intraday high of $0.7613.

Cardano price is facing strong resistance as it struggles to maintain momentum above the $0.70 mark. The price battle comes amid the U.S. SEC delaying its decision on the Canary Capital ADA exchange-traded fund (ETF) application until May 29, prolonging uncertainty in the market.

Shiba Inu (SHIB) price has gained attention recently, but it is struggling to maintain momentum. Currently, SHIB is hovering near the $0.000011 support level, showing difficulty in recovering.

Cardano (ADA) bounced off the $0.65 level on Monday as sellers took a breather after five consecutive days of losses.

Across the board, cryptocurrencies are down for the year. In fact, some large market cap cryptocurrencies are down as much as 45% for the year.

Cardano has declined in recent weeks. Now, key support levels and on-chain metrics highlight what's to come next.

Shiba Inu (SHIB) whales are waking up again, as showcased by the significant on-chain activities. In the last 24 hours, SHIB whales have engaged in large transactions, which have jumped by 67%.

Cardano (ADA), the eighth largest cryptocurrency by market capitalization, has seen $748,068,693 in open interest within the past 24 hours, according to data from CoinGlass.

The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.

Cardano (CRYPTO: ADA) has plunged 23% over the past week following the decision to not include it in the strategic crypto reserve. What Happened: President Trump's announcement on March 2 of Cardano being included in a crypto strategic reserve triggered a 58% price surge.

According to data from Shibburn, only 1,813,008 SHIB tokens were burned in the past 24 hours. Despite the relatively small amount, the daily burn rate has surged by a surprising 112%.

Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.

The crypto market is eagerly awaiting next week's FOMC meeting after CPI data revealed that inflation had fallen to 2.8%. Traders are now watching for signals and remarks by Fed committee members on interest rates, which could spike the crypto market volatility.

Extreme downward pressure is being applied to Shiba Inu as the asset finds it difficult to maintain market stability. A substantial rejection at a critical level is suggested by the recent price action, indicating that bearish sentiment is still in control.

The digital artwork was minted on the Tezos blockchain.

The official marketing lead of the Shiba Inu team, known under the pseudonym Lucie, has addressed the crypto community with a post, revealing the key features of the innovative product recently launched by SHIB – the SHIB OS (operating system).

A crypto trader lost nearly $215,500 in a MEV bot sandwich attack while swapping $220,764 USDC for USDT on Uniswap v3.

A crypto trader lost $215,000 in a sandwich attack on Uniswap v3 when an MEV bot manipulated liquidity to exploit their stablecoin swap

Shiba Inu (SHIB) has faced intense bearish pressure in recent weeks but remains resilient. Despite struggling to hold key support levels, recent price action suggests that bulls are not ready to give up.

Cardano (ADA) is seeing renewed investor interest as its 24-hour trading volume skyrocketed to $2 billion, according to CoinMarketCap. This surge follows a recent price dip, prompting traders to reenter the market.

After experiencing a massive price crash, Dogecoin (DOGE) and Shiba Inu (SHIB) continue to struggle to recover, currently trading at significant lows. Despite this broader market downtrend, the Machine Learning Algorithm CoinCodex shares an optimistic forecast, offering a glimmer of hope in this bearish market.

Despite the lack of strong buying pressure on the daily timeframe, there was a chance of a bullish reversal for Cardano.

After weeks of dictating its market direction, XRP is still stuck in a downward channel. Both the channel's upper and lower boundaries has been moving steadily downward.

Shiba Inu successfully tested the $0.000010 support as buyers dominate the market.

Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme coins by market capitalization, are taking a breather today after some heavy losses in the past week.

Cardano (ADA) has gone up 1.3% in the past 24 hours and is holding steady above the $0.70 level as bulls attempt to reverse the downtrend that started on March 2.Trading volumes have gone down by 26.6% as volatility is starting to subside.

The cryptocurrency market has been on a rollercoaster ride in 2025, with most assets struggling to regain the bullish momentum seen toward the end of last year.

Cardano's price has seen a steep 22% decline over the past week, mirroring the broader market downturn. As of this writing, the eighth-largest cryptocurrency by market capitalization retails at $0.73.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Dog-themed cryptocurrency Shiba Inu (SHIB) has climbed 8% in the past 24 hours, reversing an earlier sell-off at the start of the week. At the time of writing, SHIB was up 8% in the last 24 hours to $0.0000123, extending its rebound following four straight days of falls since the weekend.

Cardano (ADA) is setting up its growth pace on the broader market. Despite the turbulence of the past week, it has printed a 19% rally thus far this month.

Shiba Inu price has been gaining momentum, fuelling speculation about whether it can hit the highly anticipated $0.001 mark in the next 45 days. SHIB has staged an impressive 7% gain today, March 12, 2025, and trades at $0.0000124.

Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump's trade war.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

The price of Cardano (ADA) has fallen below the moving average lines and reached a low of $0.64.

The market may have touched a local deep, according to CoinStats.