News
8 Mar 2026, 16:25
Shiba Inu Exchange Netflow Drops as Traders Accumulate Over 131B SHIB

Shiba Inu is showing renewed accumulation despite a weak price trend across the market. Recent data shows a sharp shift in exchange flows as large amounts of SHIB move off trading platforms. The movement suggests growing demand for the meme token during the current dip. At the same time, derivatives activity has started to increase, signaling rising trading engagement. Exchange Withdrawals Signal Growing SHIB Accumulation Crypto analytics platform CryptoQuant reported a notable shift in Shiba Inu exchange flows on Saturday, March 7. The platform showed a 3% decline in Shiba Inu exchange netflow over the last 24 hours. Following this drop, the netflow across supported cryptocurrency exchanges now sits at -131,956,300,000 SHIB. Although the figure appears negative, it reflects a potentially bullish signal for the token. At the time of writing Shiba Inu trades at around $0.00000528, down 1.64% in the last 24 hours. A negative netflow means traders removed more SHIB from exchanges than they deposited. This pattern often indicates accumulation activity. In the last 24 hours, the amount of SHIB withdrawn from exchanges significantly exceeded tokens sent back for selling. The difference reached more than 131 billion SHIB. This gap suggests traders continue purchasing the leading meme token even as the price remains under pressure. Many buyers appear to collect tokens at lower prices during the ongoing dip. The development follows several days in which Shiba Inu displayed consistent bearish signals. During that period, exchange flow data recorded large increases day after day. Despite the price remaining in red territory, the sharp withdrawals from exchanges point to rising confidence among buyers. Shiba Inu Open Interest Records 2.24% Increase Shiba Inu also increased activity in its derivatives market during the same period. Data shows that Shiba Inu open interest flipped positive over the last 24 hours. Open interest rose by 2.24%, reflecting new trading positions across futures contracts. Currently, more than 10.09 trillion SHIB are locked in active derivatives agreements. The increase suggests that futures traders are opening new positions as demand grows. The surge in derivatives activity followed the strong exchange withdrawals recorded during the same timeframe. Among major platforms, MEXC recorded the strongest increase in activity. The exchange reported a 28.03% surge in trader interest linked to SHIB futures contracts. Together, the rising open interest and negative exchange netflow highlight growing engagement with Shiba Inu despite its recent price weakness.
8 Mar 2026, 16:01
Bitcoin ETFs Draw $57 Billion in Two Years, Surpassing Gold’s Early Growth

Bitcoin ETFs amassed $57 billion net inflows within two years of launching. Gold ETFs needed over 16 years to reach equivalent inflows, highlighting Bitcoin’s rapid uptake. Continue Reading: Bitcoin ETFs Draw $57 Billion in Two Years, Surpassing Gold’s Early Growth The post Bitcoin ETFs Draw $57 Billion in Two Years, Surpassing Gold’s Early Growth appeared first on COINTURK NEWS .
8 Mar 2026, 16:00
Bitcoin is still a great way to diversify portfolio even if it trades like a tech stock, analyst says

The central debate has shifted from whether bitcoin can survive to if it can function as a sovereign reserve asset, as critics assess it by institutional standards.
8 Mar 2026, 15:44
XRP Completes 2 Hour Golden Cross, Price to Rebound?

XRP saw a golden cross on its two-hour chart, but the timing seems unexpected in the market.
8 Mar 2026, 15:41
Crypto expert Plan B predicts Bitcoin will hit $500,000 during this period

Cryptocurrency expert PlanB, the creator of the Stock-to-Flow model for Bitcoin ( BTC ), has reaffirmed his prediction that the asset will achieve an average price of $500,000 during the current halving cycle spanning 2024 to 2028. This outlook comes amid ongoing market fluctuations, with Bitcoin struggling to reclaim the $70,000 level. At press time, Bitcoin was trading at $67,334, having dropped almost 1% in the past 24 hours, while on the weekly timeframe, BTC is up 0.6%. Bitcoin seven-day price chart. Source: Finbold Bitcoin price prediction Notably, the Stock-to-Flow framework assesses Bitcoin’s value based on its scarcity by comparing the existing supply (stock) to the rate of new issuance (flow). Halving events, which reduce mining rewards every four years, progressively increase this ratio and have historically correlated with substantial price appreciation in prior cycles. PlanB’s analysis incorporates this dynamic, projecting a broad range of $250,000 to $1 million for the period, with $500,000 serving as the approximate midpoint average. Bitcoin stock-to-flow chart. Source: Plan B The forecast aligns with the model’s performance during the 2020–2024 cycle, when it projected an average near $55,000 while the actual figure settled around $34,000—still within an acceptable variance, according to PlanB. He argued the approach remains effective, citing consistent directional accuracy across multiple cycles despite short-term deviations. The outlook examined Bitcoin’s historical trajectory alongside key indicators such as the 200-week moving average, realized price, and the Stock-to-Flow projection for the 2024–2028 period. The analysis also overlaid the current price with RSI coloring to highlight momentum, suggesting potential upside if historical patterns persist. PlanB noted that the model focuses on cycle averages rather than exact peaks or troughs, framing current levels as a potential buying window for investors aligned with its long-term scarcity thesis. Bitcoin’s increased volatility The bullish outlook comes as Bitcoin continues to face volatility after pulling back from recent highs near $74,000 earlier in the week. The cryptocurrency has experienced volatility amid broader market pressures, including geopolitical tensions in the Middle East that have influenced risk assets, alongside fluctuations in ETF inflows and outflows. Despite the dip, Bitcoin remains in a consolidation phase following a rally that saw it test levels above $72,000 in early March, with some analysts viewing the current range as a potential accumulation zone before further movement. Featured image via Shutterstock The post Crypto expert Plan B predicts Bitcoin will hit $500,000 during this period appeared first on Finbold .
8 Mar 2026, 15:30
West Texas Crude Hits $115 on Hyperliquid Amid Middle East War Tensions

Oil prices jumped to $115 a barrel over the weekend on the decentralized exchange ( DEX) platform Hyperliquid as Middle East conflict and sudden production cuts from Kuwait and the United Arab Emirates rattled energy markets. Oil Markets React to Iran Conflict as Weekend Trading Pushes Prices Higher The spike unfolded while traditional commodity exchanges







































