hodler

20 Mar 2026, 15:14

Shiba Inu Breaks Key Resistance as Burn Rate Surges Over 370%

Shiba Inu has moved above a key resistance level as market momentum strengthens. The meme coin shows renewed activity driven by a sharp rise in its burn rate. Price action reflects steady accumulation despite recent volatility. Market data indicates growing interest as SHIB attempts to sustain its breakout. Burn Rate Surge Signals Supply Reduction Momentum Data from Shibburn showed that the Shiba Inu burn rate jumped over 370% in the past 24 hours. During this period, 4,274,728 SHIB were permanently removed from circulation. The burn activity included notable single transactions of 1,000,000 and 2,000,000 SHIB within hours. Smaller burns also contributed, ranging from hundreds to thousands of tokens. The total number of tokens burned has reached approximately 410,754,572,158,100 SHIB. Meanwhile, roughly 999,982,335,599,865 SHIB have been removed from the initial supply. The burn mechanism works by sending tokens to inactive wallets, reducing the overall supply. This deflationary process aims to increase scarcity over time if demand remains steady. The burn spikes often align with community-driven efforts or whale transactions. In some cases, activity on Shibarium contributes to increased burns through transaction fees. These events tend to support bullish sentiment as they counterbalance SHIB’s large circulating supply. SHIB Price Breakout Aligns With Technical Strength At the time of reporting, SHIB trades around $0.00000598 after briefly breaking above $0.000006. The token recorded a 4.62% price increase over the past 24 hours. However, trading volume dropped to $166.36 million, suggesting cautious participation. Technical analysis indicates that SHIB is forming higher lows while pressing against a descending trendline. This structure reflects gradual accumulation as buyers step in at higher levels. If the price holds above resistance, it may confirm a bullish continuation. The next resistance level stands near $0.0000065, while support sits around $0.0000058. However, downside risks remain if the breakout fails. A rejection at the trendline could trigger another pullback. Recent volatility highlights this risk, especially after large liquidations. In one instance, 15.99 billion SHIB long positions were liquidated. In contrast, short liquidations totaled only $11,380.

20 Mar 2026, 15:14

Altcoin trading volumes decline as investor focus shifts to bitcoin, stablecoins, and new narratives

Altcoin trading activity contracted again, as former narratives failed to stimulate prices. Trader attention shifted to current events rather than altcoin and token hype. Altcoin trading volumes across all exchanges contracted as investor interest waned. Previously, altcoins were kept active by narratives that rallied whole classes of assets. During the latest crypto cycles, altcoins never rallied as a whole, and their cycle against BTC faces even more skepticism. Specific assets may expand based on utility or incentives, but an all-out altcoin market is seen as low-probability. The altcoin season index is at 49 points , a neutral position between BTC and other assets. ETH, SOL, BNB, and other trending tokens continue to attract investment, but overall, altcoins and narrative tokens as a class are slowing. Altcoins had $7.7B in daily volume on Binance and around $18.8B across all exchanges. Binance has typically recorded over $40B in altcoin trading volume during rallies in the past few months. One reason for the slowdown in tokens is a shift toward DeFi lending and stablecoins holding. Some traders also switched to AI agent projects or to trading on-chain stocks and commodities. BTC trading dominated altcoins in March BTC trading started to dominate altcoin activity on Binance from the end of February onward. As BTC struggled to stay above $70K, altcoins drew little attention, reflecting the overall fearful market sentiment. Altcoins accounted for around 33% of Binance volumes, a level comparable to that in the 2022 bear market. Usual altcoin ranges reached over 60% during bullish rallies but always crashed quickly during market downturns. Altcoin activity contracted its share on Binance. Trading volumes fell to levels comparable to the 2022 bear market. BTC is also in a bear market, with a 41% drawdown since its all-time high, but altcoins typically underperform the leading coin. Traders still seek assets that offer a safe haven rather than risky, hype-driven gains. The altcoin market has abandoned its previous FOMO periods, when interest in altcoins coincided with local tops. Despite the slower market, altcoins are still watched for signs of recovery and shifts in sentiment. Some projects retain relatively high mindshare, expecting a recovery or new utility. Altcoins also lost the support from treasury companies, as no new buying has been announced. Binance still leads in altcoin activity Altcoin liquidity is still mostly supplied by Binance, while other global exchanges allocate only a small fraction of their volumes. Binance remains the leader with a large number of listings and hosts the most active market makers. Some altcoins, like PENGU, rely heavily on Upbit. However, the effect of South Korean exchanges remains limited, and listings are extremely slow and conservative. Binance retains the advantage of legacy listings, in addition to its own curated selection of coins. Despite this, the assets proposed by Binance are viewed with more skepticism as newly listed coins often lose most of their value within weeks. If you want a calmer entry point into DeFi crypto without the usual hype, start with this free video.

20 Mar 2026, 15:14

3030% Netflow Change Volatility Rocks Dogecoin Amid Sentiment Shift, What’s Next?

Options market indicates defensive positioning, with Dogecoin traders watching for what comes next.

20 Mar 2026, 15:13

14-Year Bitcoin Hold Pays Off: 2,100 BTC Worth Staggering $148M Suddenly Moves

A long-term Bitcoin holder has turned a $13,700 acquisition into an estimated $148 million fortune after patiently holding for over thirteen years.

20 Mar 2026, 15:11

Bitcoin Holds Above Critical Support as Market Waits for Next Macro Trigger

Bitcoin remains steady on firm ground, captivating investors as the market anticipates a decisive macro event. The cryptocurrency landscape is ripe for potential shifts, sparking curiosity about the next big movers. This article delves into the coins poised for growth and the key factors driving the market's upcoming changes. Buckle up for insightful analysis and predictions. Bitcoin Eyes Gains Amid Current Price Headwinds Source: tradingview Bitcoin's price is hovering between $67,741 and $75,785. The coin faces resistance at nearly $78,879, while support sits just above $62,791. Despite a slight dip of about 1% this week, it saw a growth of over 3% in the past month. The long term shows a challenging picture with a drop of almost 40% over six months. If Bitcoin breaks through resistance, it could potentially climb another 15% to around $86,923. Its RSI suggests it has room to grow, with current movement indicating a possible upside while remaining cautious. Investors are closely watching the $78,879 resistance to anticipate further growth or a fallback to support levels. Conclusion BTC remains above its key level, indicating steady market confidence. The market is now in a holding pattern, anticipating the next significant economic event. While BTC shows stability, other coins like ETH, LTC, XRP, and ADA are also awaiting clearer direction. The market’s future moves will likely depend on upcoming macroeconomic indicators. For now, the focus remains on BTC and its ability to maintain its current support. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

20 Mar 2026, 15:10

Bitcoin Records 500% Imbalance Between Institutional Demand and Mined BTC Availability

Bitcoin supply is drying up as institutions buy 6x more BTC than miners produce. See the latest data from Charles Edwards on the 2026 institutional supply shock.