SHIBA INU futures netflow plunges 306% in CoinGlass data

Market optimism grows as US-Iran talks progress, potentially stabilizing oil prices and boosting investor confidence across various sectors. The post Dow futures jump 440 points as oil prices drop on US-Iran deal hopes appeared first on Crypto Briefing.

The post Adam Back Says Altcoins and Meme Coins May Head to Zero appeared on BitcoinEthereumNews.com. Back argued that many alternative cryptocurrencies still lack sustainable long-term value and suggested that speculative assets driven mainly by hype could struggle as market conditions tighten. His comments also touched on his concerns surrounding meme coins like Dogecoin, Shiba Inu, and Pepe, which still maintain strong trading activity despite questions about their long-term value and durability. Bitcoin Dominance Is Crushing Altcoins Blockstream CEO Adam Back once again criticized altcoins and meme coins, and argued that the crypto market may finally be moving toward what he believes is a more realistic valuation of these assets.  In a recent post on X, Back stated that he expected the efficient market hypothesis to eventually drive many altcoins toward “$0,” and added that he first made this prediction about a decade ago. According to him, it has simply taken longer than expected

The post Shiba Inu Tokens Shift to Private Wallets as Confidence Drops appeared on BitcoinEthereumNews.com. Recent blockchain data reveals a significant migration of Shiba Inu (SHIB) tokens off major exchanges, marking a notable change in investor behavior. According to numbers shared by CryptoQuant, around 490 billion SHIB have been transferred to personal wallets, suggesting a shift towards long-term holding strategies and away from immediate sale potential. Continue Reading:Shiba Inu Tokens Shift to Private Wallets as Confidence Drops Source: https://en.bitcoinhaber.net/shiba-inu-tokens-shift-to-private-wallets-as-confidence-drops

The post Shiba Inu (SHIB) Outflows Spike Violently as Traders Rush to Self-Custody appeared on BitcoinEthereumNews.com. On-chain metrics show a sharp increase in exchange outflows, suggesting that large holders may be aggressively removing tokens from trading platforms, even as SHIB price action continues to drift lower inside a larger downtrend. Shiba Inu exchange flows flip According to data from CryptoQuant’s trending metrics, SHIB exchange outflows have increased significantly, with a total outflow volume of almost 490 billion SHIB. Concurrently, exchange reserves keep dropping, indicating that tokens are gradually moving away from centralized platforms rather than getting ready for an instant sale. SHIB/USDT Chart by TradingView This is significant because self-custody behavior is typically indicated by exchange outflows. Short-term selling pressure is usually lessened when traders transfer assets from exchanges to private wallets. The reasoning is straightforward: coins transferr

A wallet linked to prominent crypto fund manager Arthur Hayes deposited 115,453 HYPE tokens worth $6.33 million into Bybit, just weeks after he publicly called for the token to reach $150. The $150 Call vs. the Bybit Deposit A wallet attributed to Arthur Hayes, co-founder of the BitMEX derivatives exchange and managing partner of crypto […]

XRP open interest surges on Binance as NVT ratio spikes and market cap holds. A long squeeze may be coming. Here’s what CryptoQuant data shows. Open Interest on XRP futures at Binance just posted a sharp jump. Not a gradual climb. A spike. That kind of move in derivatives positioning typically means one thing: traders […] The post Open Interest Just Spiked on XRP. That’s Either Fuel or a Trap appeared first on Live Bitcoin News.

The rapid contraction in Bitcoin spot demand suggests potential market instability, highlighting the risks of reliance on leveraged futures. The post Bitcoin spot demand contracts at fastest pace since January 10 appeared first on Crypto Briefing.

An objective overview of Shiba Inu (SHIB): what it is, how the token works, ecosystem components, and key risks to consider. The post Shiba Inu Token Explained: Purpose, Mechanics, Risks appeared first on BiteMyCoin.