SHIB OI, Deleveraging, and Meme Liquidity in Weak Tapes

The post Bitcoin’s First CME Gap-Free Monday Puts a Popular Trading Signal to the Test appeared on BitcoinEthereumNews.com. Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets. The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price gaps since Bitcoin futures launched in December 2017. Why the CME Gap Mattered for Bitcoin Traders For nearly nine years, CME Bitcoin futures closed every weekend while spot exchanges and offshore perpetual markets kept trading. Any weekend move produced a chart gap when futures reopened. Price often returned to fill it within days or weeks. Historical fill rates ranged from 70% to more than 90%. The pattern became one of the most watched short-term signals in crypto. The st

The post SHIB Price Prediction: Technical Coiling Pattern Eyes 20% Breakout Within Weeks appeared on BitcoinEthereumNews.com. Caroline Bishop May 30, 2026 08:08 SHIB’s RSI at 36.71 and zero MACD histogram signal a momentum vacuum that typically precedes explosive moves. Current technical setup favors upside targeting 17-20% gains. SHIB’s Technical Reality Check The charts reveal a story of indecision, and that’s precisely when the biggest moves materialize. SHIB’s RSI sitting at 36.71 places it in neutral territory where neither bulls nor bears demonstrate conviction. The MACD histogram reading exactly zero represents more than consolidation – it’s a complete momentum vacuum. The Bollinger Band position at 0.27 confirms SHIB is hugging the lower end of its trading range without reaching oversold levels that trigger automatic buying. This configuration resembles a coiled spring – the type of technical setup that breaks violently in either direction within days. Blockch

The post Bitcoin Futures Hit $42.6B Across 11 Exchanges — Here Is What Open Interest Signals for June appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin futures open interest (OI) across 11 exchanges totals roughly $42.6B, with Binance (19.14%) and CME (13.88%) holding the largest shares as of May 31, 2026, according to Coinglass data. Deribit’s June 26 expiry carries approximately $8.5B in notional value, with max pain near $77,500, about 5.3% above the current spot price of $73,600. CME put OI has outpaced calls since November 2025, signaling institutional hedging persists even as Bitcoin recovers from its February 2026 lows. Futures Open Interest Across Exchanges Total exchange BTC futures open interest stands at roughly $42.6 billion, down sharply from the $90 billion-plus peak reached in early October 2025 when bitcoin traded a hair above $126,000. Binance leads all venues with 141,100 BTC ($10.40 billion) in futures open interest, accounting for 19.14% of the market, coin

The post 1,535,066 SHIB Burned but Shiba Inu Burn Rate Drops 43% appeared on BitcoinEthereumNews.com. More than 1.5 million SHIB were burned in the last 24 hours; however, the SHIB burn rate failed to rise. The Shiba Inu daily burn rate remained in the red as even fewer SHIB were burned from the past day. According to the Shibburn website, 1,535,066 SHIB were burned in the last 24 hours, with the burn rate dropping 43%. The Shiba Inu daily burn rate has steadily declined since May 27, when over 7 million SHIB were burned. Following a slight rise to above 3 million SHIB on May 29, the decline continued, leaving the daily burn rate in the red. Why Traders Are Loading up on XRP at $1.34, Bitcoin Triggers Major Red Flag for Lower Low, Is It Time to Sell Solana for Hyperliquid (HYPE)? – Morning Crypto Report XLM Shoots Up 60%, XRP Left in Dust You Might Also Like 20,142,516 SHIB were burned in the last seven days, with the burn rate declining on a weekly basis. According to Shibburn, the SH

Bitcoin’s derivatives markets are pricing in a significant move as $40 billion in options open interest and another $40 billion-plus in futures contracts sit across major exchanges while the leading crypto asset trades at $73,600 on Sunday morning at 11:30 a.m. ET on May 31. Futures Open Interest Across Exchanges Total exchange BTC futures open […]

The post BNB Chain Outperforms DOGE, XRP With 35% Open Interest Surge appeared on BitcoinEthereumNews.com. Traders have been adding to positions in the native token of BNB Chain, which has seen open interest climb as much as 35%. According to CoinGlass data, BNB’s open interest is up 35% in the last 24 hours to $1.43 billion. The open interest surge outperforms that of major cryptocurrencies Dogecoin (DOGE) and XRP in terms of percentage increase. The latter were unchanged in their open interest over the last 24 hours. Dogecoin’s open interest was down 0.01% while XRP fell 0.56% in the same metric. The surge in open interest for BNB also coincides with a spike in derivatives market activity even as other major cryptocurrencies saw their trading volumes fall. BNB’s volume in the derivatives market rose 270% in the last 24 hours to $5.18 billion, according to CoinGlass data. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30:

The post BNB Chain Outperforms DOGE, XRP With 35% Open Interest Surge appeared on BitcoinEthereumNews.com. Traders have been adding to positions in the native token of BNB Chain, which has seen open interest climb as much as 35%. According to CoinGlass data, BNB’s open interest is up 35% in the last 24 hours to $1.43 billion. The open interest surge outperforms that of major cryptocurrencies Dogecoin (DOGE) and XRP in terms of percentage increase. The latter were unchanged in their open interest over the last 24 hours. Dogecoin’s open interest was down 0.01% while XRP fell 0.56% in the same metric. The surge in open interest for BNB also coincides with a spike in derivatives market activity even as other major cryptocurrencies saw their trading volumes fall. BNB’s volume in the derivatives market rose 270% in the last 24 hours to $5.18 billion, according to CoinGlass data. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30:

The post Shiba Inu (SHIB) is Really Close to Dropping Off the 80 Trillion Threshold First Time in Ages appeared on BitcoinEthereumNews.com. On-chain data indicates that SHIB exchange reserves are currently at about 80.03 trillion tokens, which has long served as a significant structural and psychological benchmark for the asset. The amount of SHIB held on exchanges may soon drop below 80 trillion for the first time if the current trend continues, which would represent a historic change in the supply dynamics of the token. SHIB/USDT Chart by TradingView The total quantity of a cryptocurrency that is accessible on trading platforms is represented by exchange reserves. A decrease in reserves typically means that investors are taking assets off the market and putting them in private wallets instead of preparing to sell them immediately. This lowers the liquid supply and, if demand stays steady or rises, can foster favorable conditions for price appreciation. The fact that the 80 trillion l