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The Shiba Inu burn initiative has existed for a number of years now, a move that was created to help reduce the massive supply of the meme coin. Initially, this initiative drew a lot of attention, with investors burning thousands of dollars worth of SHIB daily and removing billions in SHIB from the circulating supply. However, as the market has moved into another bear market, Shiba Inu has suffered, and the burn initiative has slowed to almost a stop. Shiba Inu Burns Drop To Only Hundreds Of Dollars As shown on the Shibburn website, which is the official tracker for the amount of SHIB tokens burned daily, the SHIB burn rate has dropped drastically. The website shows that over the last week, around an average of $10 worth of tokens have been burned daily, meaning only a tiny amount of tokens are being taken out of circulation. Related Reading: Why The Bitcoin Price Won’t Hit $100,000 Again This Year The seven-day figures come out to just over $100 worth of tokens burned, which means tha
Read full articleInvestor anxiety over private credit fund liquidity could tighten broader financial conditions, impacting both traditional and crypto markets. The post US asset managers decline as investors await private credit fund updates appeared first on Crypto Briefing.
Dogecoin’s historic rally fuels renewed interest in meme coins like SHIB, PEPE, and Little Pepe ahead of a new cycle. Few instances in crypto were as fast to produce fortunes as DOGE’s monumental 2021 rise. The early buyers were loading…
Day 2 of Istanbul Blockchain Week 2026 highlighted a changing crypto market where utility, revenue, and real-world value are replacing speculative narratives. Outset PR, Alpha AML, and mb.io share insights from one of the industry's leading events.
Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains. Bitcoin Erases April Gains Bitcoin’s downward slide continued on Wednesday as the cryptocurrency dipped below $66,000, erasing its April gains. The digital currency plunged from just over $67,700 to an intraday low of $65,362—a […]
Bitcoin is once again at the center of a fierce debate. While many market participants have interpreted recent weakness as the beginning of a new bear market, crypto trader @CryptoFergani argues the opposite. According to his assessment, the market has already endured its bearish phase, and current conditions point to a different stage of the cycle altogether. Bitcoin’s Bear Phase May Already Be Behind It To understand his argument, it is important to look beyond daily price swings and focus on the larger structure of the market. @CryptoFergani’s chart presents Bitcoin moving within a long-term ascending channel that has guided price action across multiple cycles. Historically, the lower boundaries of this channel have acted as accumulation zones, while the upper boundaries have marked periods of optimism and cycle peaks. Related Reading: Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs The chart highlights several occasions where Bitcoin touched the lower sections o
Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat.
Bitcoin’s latest pullback has prompted renewed speculation about whether the market is witnessing a period of institutional accumulation rather than a fundamental shift in sentiment. While prices have trended lower in recent weeks, some analysts argue that the decline may be creating an attractive entry point for larger investors looking to build positions before the next major catalyst emerges. How Large Investors Typically Approach Bitcoin Volatile Markets Bitcoin’s recent weakness may be part of a broader accumulation phase rather than a sign of deteriorating long-term fundamentals. An analyst known as Ash Crypto on X stated that institutions are intentionally pushing the price lower to accumulate at a lower price before the Clarity Act is signed into law. Related Reading: Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000 This perspective draws a similar pattern. In August 2022, BlackRock filed for a private BTC trust, and the BTC price lat
Learn what a 3x Long Chainlink token is, how leveraged LINK tokens work, risks, and practical use cases for traders and investors. The post 3x Long Chainlink Token: Leveraged LINK Exposure Explained appeared first on BiteMyCoin.
