The post Shiba Inu Price Prediction: Can Robinhood’s 109M SHIB Burn Break the Triangle Before It Breaks Down appeared on BitcoinEthereumNews.com.
Robinhood burned over 109 million SHIB in one transaction, the largest single burn in recent weeks The 24-hour SHIB burn rate jumped 3,096% with the 7-day rate up 680% SHIB is compressing inside a descending triangle with all EMAs above price Shiba Inu trades at $0.00000429 on July 8, down 2.05%, as an unprecedented Robinhood-driven burn spike hits the blockchain while the chart shows price trapped inside a tightening triangle. Is SHIB Approaching A Breakout Or Breakdown From Its Triangle? SHIB 1D Price Action (Source: TradingView) The daily chart shows SHIB inside a descending triangle that has been forming since May, with lower highs pressing against a flat support line near $0.0000040-$0.0000042. The Bollinger Bands have tightened sharply, with the upper band at $0.00000475 and the lower band at $0.00000404, one of the most compressed read
The post Pump.fun Adds Trading for Robinhood Chain Tokens as CASHCAT Meme Coin Frenzy Builds appeared on BitcoinEthereumNews.com.
The Solana launchpad says its app now routes “crosschain” trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company’s new blockchain “great for memes too.” Pump.fun said Wednesday it added support for trading tokens tied to Robinhood’s blockchain, a move that comes as a memecoin modeled on the brokerage’s old mascot has posted quadruple-digit percentage gains on the week-old network. “Robinhood tokens are now available to trade on the Pumpfun app!” the Solana-based launchpad wrote on X, citing “no bridging,” trading “seamlessly in SOL,” and the ability to “trade every trending Robinhood token.” Pump.fun co-founder Alon Cohen, who posts as @a1lon9, followed up 11 minutes later, framing the addition as an extension of the app’s existing multichain trading tool rather than a standalone feature. “It’s only right that the
The Solana launchpad says its app now routes "crosschain" trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company's new blockchain "great for memes too."
The post RWA Crypto is Growing Fast, Says Robinhood CEO appeared on BitcoinEthereumNews.com.
Key Insights: RWA crypto market has grown approx fourfold, but Citi’s $5.5 trillion forecast requires 170x more growth. Robinhood’s Stock Tokens and Chain launch show that the thesis is not just on paper. In a CNBC interview on July 3, Robinhood CEO Vlad Tenev discussed the future path of the crypto ecosystem. He said real-world asset tokenization, which brings traditional financial assets onto blockchain rails, is crypto’s true foundation rather than memecoins or speculation. Tenev said, “If an asset is not tied to an underlying utility, it’s not a productive asset. What’s the benefit of making a million different memecoins?” He was talking about real plans. These comments arrived one day after Robinhood launched Stock Tokens. This service allows users in more than 120 countries to trade tokenized equities. Moreover, Robinhood Chain, the company’s Ethereum Layer 2 network built on Arbitrum, we
The post XRP Eyes a Top 5 Comeback—Can the Price Break Above $1.20? appeared on BitcoinEthereumNews.com.
The post XRP Eyes a Top 5 Comeback—Can the Price Break Above $1.20? appeared first on Coinpedia Fintech News The XRP price has come under renewed selling pressure, plunging nearly 3% over the past 24 hours as it continues to trade within a descending channel that has kept buyers on the back foot for weeks. Every recovery attempt has so far been met with fresh selling, leaving the token stuck below key resistance despite … Source: https://coinpedia.org/price-analysis/xrp-eyes-a-top-5-comeback-can-the-price-break-above-1-20/
The post Bitcoin whale places $31M short bet – Will BTC drop to $60K again? appeared on BitcoinEthereumNews.com.
Bitcoin [BTC] has closed at lower lows for two consecutive days for the first time in ten days. At press time, Bitcoin traded at $62,714, down 1.04% on the daily charts. Amid this price pullback, traders, especially whales, have begun shorting the market. Bitcoin whale opens a $31M short As BTC faced rejection, falling to $62k, a whale jumped into the market and opened a short position. According to Onchain Lens, a whale opened a 40x short position on 493 BTC worth $31 million. With BTC declining, the whale is already sitting on $220k profit after spending $2k in funding fees. Moreover, the whale’s decision to open a short position showed strong pessimism, anticipating the market to continue declining. Source: Coinglass Interestingly, this was not an isolated case. After briefly spiking above 1 across all exchanges, the Long/Short Ratio fell back to 0.97 as of writing.
The post Shiba Inu Records Highest Daily Burn Rate Since November 2025 appeared on BitcoinEthereumNews.com.
117.54 million SHIB exit circulation in a day SHIB burn rate hits 8-month high Shiba Inu has just witnessed a historic surge in its network activity as its burn rate has jumped to levels not seen since this year began. With the Shiba Inu burn rate being consistently modest for most days of 2026, the dramatic surge in the metric seen in the last day has caught the attention of the crypto community, especially market analysts. 117.54 million SHIB exit circulation in a day The last 24 hours have seen Shiba Inu destroy the highest number of tokens it has ever destroyed this year, as data provided by Shibburn shows a rare four-digit surge in the metric in such a short period. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet The data showed that about 117,540,000 SHIB worth
The post Zcash price rejected at $500 resistance, yet charts point to another rebound appeared on BitcoinEthereumNews.com.
Zcash price has pulled back from the $500 resistance zone after a sharp rally driven by renewed optimism around the upcoming Ironwood upgrade, although technical indicators still favor another attempt higher if key support levels continue to hold. Summary Zcash price has retreated from the $500 resistance after profit-taking, but continues to hold above the key $440 support zone. Technical indicators and liquidation data suggest a break above $480 could trigger another move toward the $500-$540 region. Rising geopolitical tensions, weaker institutional crypto demand, and regulatory pressure remain the biggest risks to the bullish outlook. According to data from crypto.news, Zcash (ZEC) price climbed to an intraday high of around $505 before retreating to about $466 on July 8 as traders locked in profits after a nearly 28% advance. The rejection came as leveraged lo
Zcash price has pulled back from the $500 resistance zone after a sharp rally driven by renewed optimism around the upcoming Ironwood upgrade, although technical indicators still favor another attempt higher if key support levels continue to hold. According to…