Will Iran War Threaten Bitcoin Hash Rate? Conflict Looms Over Tehran’s Bitcoin Miners

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Bitcoin hash rate falls after United States struck nuclear facilities inside Iran. Will computing power recover or more slides expected if the Iran versus Israel war continues? On June 22, two events took place, one of which was unexpected. When the United States struck Iranian nuclear facilities, Bitcoin prices dropped as anticipated, but the accompanying … Read more

Dow, Nasdaq up 0.24%, S&P gains 0.38% on rate cut expectation

DOW Jones up 140 points on retail spending figures and Wallmart price hike warning

U.S. stocks gained on Thursday as investors weighed soft inflation data and growing expectations of a Federal Reserve rate cut, with strong tech earnings helping offset trade uncertainty and sector-specific losses. The S&P 500 rose 0.38% to close at 6,045.26, led by a rally in large-cap tech stocks. The benchmark index now sits less than … Read more

Shiba Inu price crashes as whales sell, burn rate slows

Shiba Inu price crashes as whales sell, burn rate slows

Shiba Inu price continued its strong downtrend on Saturday as whale investors sold and sentiment in the crypto industry worsened. Shiba Inu (SHIB), the biggest meme coin in Ethereum’s (ETH) chain, dropped for four consecutive days, reaching a low of $0.00001238, its lowest level since April 22. It has moved into a technical bear market, … Read more

Shiba Inu enters doghouse as whales bail, burn rate slows

Shiba Inu enters doghouse as whales bail, burn rate slows

Shiba Inu is nearing a local technical bear market after falling by over 17% from its highest point this month. Shiba Inu (SHIB) was trading at $0.000014 on Sunday, with its 24-hour volume dwindling to $158 million. This volume is much lower than that of other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), Official … Read more

Shiba Inu pattern points to 190% surge as burn rate rises

Shiba Inu price pattern points to a 190% surge as burn rate rises 234,584%

Shiba Inu price has formed a highly bullish harmonic pattern, pointing to an eventual 190% surge as the burn rate soars.  Shiba Inu (SHIB) coin rose to $0.000016 on Sunday, its highest level since February this year, and 52% above the lowest level this year.  The token jumped as Ethereum (ETH) hugged the important resistance … Read more

Bitcoin Rallying But Funding Rate Negative: A Classic and Rare Bull Signal Not to Miss?

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Bitcoin price breaks $90,000, but the funding rate on Binance is negative. Will BTC/USD break $100K as traders pour in? Bitcoin is surging, trading at early March 2025 levels. Impressive as this uptick is, traders on Binance, the world’s largest crypto exchange by client count, aren’t fully on board yet. On X, one analyst noted … Read more

Shiba Inu price hanging on a thread as SHIB burn rate soars 3,200%

Shiba Inu price hanging on a thread as SHIB burn rate soars 3,200%

Shiba Inu price remained in a tight range at a crucial support level as the token’s burn rate gained momentum. Shiba Inu (SHIB) was trading at $0.00001192 on Tuesday, where it has been for the past few days. This price is about 75% below the highest point in 2024. The ongoing Shiba Inu crash has … Read more

Can SHIB price surge 150% as Shiba Inu burn rate rockets over 3,200%?

Can SHIB price surge 150% as Shiba Inu burn rate rockets over 3,200%?

Shiba Inu price has been in a strong downward momentum after peaking at $0.0000329 in December last year. Shiba Inu (SHIB) has dropped by 61% and crashed to its lowest level since September 5, 2024.  This crash has coincided with the overall weakness in the crypto industry, especially meme coins. Most meme coins, including the … Read more