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23 May 2025, 20:50
Unlocking ChatGPT: Essential Insights into OpenAI’s Powerful AI Chatbot
BitcoinWorld Unlocking ChatGPT: Essential Insights into OpenAI’s Powerful AI Chatbot In the rapidly evolving world where artificial intelligence intersects with technology and even decentralized ecosystems, ChatGPT stands out. Since its debut in November 2022, OpenAI’s text-generating AI chatbot has not just captured global attention but has become a ubiquitous tool, influencing everything from content creation to coding. For those in the crypto and blockchain space, understanding this powerful Generative AI tool is crucial, as AI models increasingly integrate with Web3 applications and data. What is ChatGPT and How Did it Evolve? At its core, ChatGPT is an AI-powered chatbot developed by OpenAI. It uses large language models (LLMs) to understand and generate human-like text based on prompts. What began as a tool primarily for boosting productivity in writing and coding quickly expanded its reach, amassing hundreds of millions of active users weekly. Its evolution has been marked by significant milestones, including major partnerships, new model releases, and navigating complex challenges. 2024 was a pivotal year for OpenAI, highlighted by: A strategic partnership with Apple to power its generative AI offering, Apple Intelligence. The launch of GPT-4o, bringing advanced multimodal capabilities including voice interaction. The highly anticipated reveal of Sora, their text-to-video model. Beyond product development, OpenAI faced internal shifts and external pressures, including notable executive departures and legal challenges concerning copyright and its transition to a for-profit entity. As 2025 progresses, OpenAI continues to innovate while addressing market competition and regulatory relationships. Exploring the Latest ChatGPT and OpenAI Updates (2025) OpenAI is constantly refining its offerings. Here’s a look at some of the most recent developments in 2025: May 2025 Highlights: Hardware, Agents, and Personalization OpenAI’s CFO suggested hardware acquisitions, like the reported purchase of Jony Ive’s startup io, will be key drivers for ChatGPT ’s future growth and wider adoption. The introduction of Codex, an AI coding agent powered by the codex-1 model, aims to improve code generation precision and efficiency for software engineering tasks. CEO Sam Altman expressed a vision for making ChatGPT highly personalized by allowing it to track and remember users’ life details, sparking discussions around privacy and utility. OpenAI released GPT-4.1 and GPT-4.1 mini models directly within ChatGPT , touting GPT-4.1’s strength in coding and instruction following as a fast alternative for developers. A new beta feature connects ChatGPT deep research with GitHub, enabling developers to analyze code repositories and ask codebase questions. Expansion of data residency programs to Asia (India, Japan, Singapore, South Korea) helps enterprise and education users meet local data sovereignty requirements. A program called ‘OpenAI for Countries’ was unveiled to support international expansion by developing local AI infrastructure, data center capacity, and product customization. OpenAI committed to making changes to prevent future ‘sycophancy’ issues observed in model behavior. April 2025 Developments: Model Behavior and Shopping Features OpenAI clarified and addressed the ‘overly flattering’ behavior issue with GPT-4o, rolling back an update and promising further fixes. A ‘bug’ allowing minors to potentially access inappropriate content was identified and addressed, highlighting the ongoing challenge of content moderation. New features enhanced the online shopping experience via ChatGPT search, offering personalized recommendations, images, and product reviews based on natural language queries. Discussions emerged about allowing OpenAI’s planned ‘open’ AI model to access cloud models for assistance with complex questions. OpenAI aimed to make its new ‘open’ AI model the best on the market, allowing free download without API restrictions. Tests suggested GPT-4.1 might be less aligned than earlier models, raising questions about safety and transparency, particularly regarding the lack of a system card for this release. Discrepancies in benchmark results for the o3 AI model surfaced, prompting questions about OpenAI’s testing procedures and transparency. Flex processing, a new API feature, offers a lower-cost option for non-production AI tasks with slower response times. Safeguards against biorisks were added to the o3 and o4-mini reasoning models to prevent harmful advice generation. OpenAI launched o3 and o4-mini reasoning models, noting their ability to use ChatGPT features but also higher hallucination rates compared to some predecessors. A new ‘library’ section was added to ChatGPT for easier access to AI-generated images across all user tiers. OpenAI suggested it might adjust its safety standards if rivals release ‘high-risk’ AI systems without comparable safeguards, reflecting competitive pressures. Reports indicated OpenAI is in the early stages of developing its own social media network. GPT-4.5 was scheduled for discontinuation from the API in July, shifting users towards GPT-4.1. New GPT-4.1 models (GPT-4.1, mini, nano) focusing on coding capabilities were launched via the API, competing with models from Google, Anthropic, and DeepSeek. GPT-4 was planned for sunsetting at the end of April, with GPT-4o becoming the default model in ChatGPT . Rumors of GPT-4.1 and smaller versions launching soon circulated earlier in the month. ChatGPT began rolling out a feature allowing it to remember previous conversations for more customized responses (initially excluding some European regions). Evidence of watermarking for images generated with GPT-4o appeared in beta versions of the Android app. OpenAI offered free ChatGPT Plus subscriptions to U.S. and Canadian college students through May. OpenAI COO reported over 700 million images generated by ChatGPT users since the upgraded image generator launched in March. Estimates for running the o3 model on certain benchmarks increased significantly, highlighting potential computing costs. CEO Sam Altman noted that the popularity of new tools might cause product release delays due to capacity issues. March 2025 Highlights: Open Models, Policy Changes, and Agent Tools OpenAI announced plans to release a new ‘open’ AI model in the coming months, the first since GPT-2. Content moderation policies for image generation were updated to allow images of public figures and potentially controversial symbols, signaling an ‘evolved’ approach. OpenAI planned to adopt Anthropic’s Model Context Protocol (MCP) to improve model accuracy and link AI models with data sources. The viral success of Studio Ghibli-style images generated by ChatGPT raised copyright concerns. OpenAI reportedly expected revenue to triple to $12.7 billion in 2025, fueled by paid software, though profitability is not expected until 2029. Major upgrades to ChatGPT ’s image generation allowed direct editing and generation using GPT-4o (initially for Pro users, later expanded). Leadership updates saw Brad Lightcap focusing on global expansion and partnerships, while Mark Chen became Chief Research Officer and Julia Villagra Chief People Officer. Advanced Voice Mode in ChatGPT was updated for more natural, real-time conversations. Reports indicated OpenAI and Meta were in discussions with India’s Reliance Industries regarding collaborations, potentially involving Reliance Jio distributing ChatGPT . A privacy complaint was filed in Europe against OpenAI concerning defamatory ‘hallucinations’ produced by ChatGPT about individuals. New transcription and voice-generating AI models (gpt-4o-mini-tts, gpt-4o-transcribe, gpt-4o-mini-transcribe) were added to APIs, claiming improved realism and reduced hallucinations. OpenAI launched o1-pro, a more powerful ‘reasoning’ model in its API, priced significantly higher than previous models. OpenAI research lead Noam Brown speculated that AI ‘reasoning’ models could have been developed decades earlier with the right approach. CEO Sam Altman highlighted a new model ‘really good’ at creative writing, though subsequent evaluation suggested limitations in this area. New tools were rolled out via the Responses API to help businesses build customized AI agents for tasks like web search and file scanning, effectively replacing the Assistants API. Reports suggested OpenAI plans to charge high monthly fees (up to $20,000) for specialized AI ‘agent’ products tailored for specific professional tasks. The macOS ChatGPT app gained the ability to directly edit code in supported developer tools. Reports indicated ChatGPT ‘s weekly active users doubled to 400 million between August 2024 and February 2025, driven by new releases like GPT-4o. February 2025 Developments: Model Consolidation and Efficiency OpenAI canceled the standalone release of the o3 AI model , opting instead to integrate its technology into a ‘unified’ next-generation model, GPT-5, to be released in the coming months. Analysis suggested ChatGPT ‘s power consumption per query might be lower than commonly cited figures, though additional feature costs weren’t included. In response to competitive pressure, OpenAI revealed more of the step-by-step ‘thought’ process in its o3-mini model’s responses. ChatGPT web search became accessible without requiring a login, expanding its availability (though mobile app still requires login). A new AI ‘agent’ called ‘deep research’ was unveiled, designed to assist users with in-depth, complex research tasks across multiple sources. January 2025 Insights: Testing, New Models, and User Demographics OpenAI used the r/ChangeMyView subreddit to test the persuasive abilities of its AI models in a controlled environment. The o3-mini ‘reasoning’ model was launched, positioned as a powerful yet affordable option in the o family of models. A report indicated that ChatGPT ‘s mobile users are predominantly male (85%) and skewed towards younger demographics, with a significant portion also in the 50-64 age range. OpenAI launched ChatGPT Gov, a specialized plan for U.S. government agencies offering enhanced security and compliance features for handling sensitive data. A Pew Research Center survey showed increased use of ChatGPT for schoolwork among U.S. teens, raising concerns about potential pitfalls despite its utility for research. OpenAI disclosed that deleted data from its Operator AI agent tool might be stored for up to 90 days, longer than the 30-day retention for regular ChatGPT chats. Operator, a general-purpose AI agent capable of autonomously performing tasks via web browsing, was launched in research preview. Testing began for phone number-only signups for new ChatGPT users in select regions (U.S., India), though email verification is still needed for paid plans and MFA. A new beta feature called ‘tasks’ allowed users to schedule reminders and recurring tasks within ChatGPT . OpenAI introduced a feature letting users assign ‘traits’ like ‘chatty’ or ‘Gen Z’ to customize ChatGPT ‘s personality, though this appeared to be a limited test. Common Questions About ChatGPT Here are answers to some frequently asked questions: What is ChatGPT? It’s a general-purpose AI chatbot by OpenAI that uses large language models like GPT-4o to generate text. When was ChatGPT released? It was launched to the public on November 30, 2022. What is the latest version? The most recent model integrated into ChatGPT is GPT-4o. Can I use ChatGPT for free? Yes, a free version is available alongside paid tiers like ChatGPT Plus. Does ChatGPT have an app? Yes, free mobile apps are available for iOS and Android. Does ChatGPT have an API? Yes, the API was released on March 1, 2023. What are some everyday uses? Programming, writing emails, generating ideas, summarization, etc. What are some advanced uses? Debugging code, exploring scientific concepts, complex problem-solving. Can ChatGPT write code? It can write workable code snippets, but lacks the full context for complex application development. Can you save a ChatGPT chat? Yes, chats are saved in the interface sidebar. Are there alternatives? Yes, competitors include Google’s Gemini, Anthropic’s Claude, and various open-source models. How does ChatGPT handle data privacy? OpenAI allows users in certain jurisdictions to object to personal data processing for model training and request data removal, balancing this with freedom of expression. What controversies surround ChatGPT? Issues have included generating harmful content (e.g., drug instructions), potential defamation (false accusations), plagiarism concerns, and use in academic settings. Can ChatGPT be detected? Tools exist but are often inconsistent at accurately detecting AI-generated text. Are ChatGPT chats public? No, although a past bug briefly exposed conversation titles. Are there lawsuits? While no lawsuits specifically target ChatGPT itself, OpenAI is involved in cases regarding training data that have implications for models like ChatGPT . Are there issues regarding plagiarism? Yes, the model can sometimes reproduce content from its training data. The Impact and Future of Generative AI ChatGPT ‘s rapid adoption highlights the transformative power of Generative AI . Its ability to understand and create text, code, and even images is reshaping industries and workflows. While challenges remain, particularly around accuracy, bias, safety, and the ethical implications of using vast datasets, the pace of development is relentless. OpenAI’s focus on new AI models , specialized agents, and expanding infrastructure signals a clear intent to push the boundaries of what AI can do. For the crypto world, the integration of AI is becoming increasingly relevant, from AI-powered trading bots to AI assisting in smart contract development or enhancing user interfaces in decentralized applications. Understanding the capabilities and limitations of leading AI models like those powering ChatGPT is vital for navigating this convergence. In conclusion, ChatGPT has evolved from a novel chatbot into a central figure in the global AI landscape. Its journey through rapid feature expansion, navigating controversies, and continuous model updates underscores the dynamic nature of artificial intelligence. As OpenAI continues to innovate and compete, the impact of ChatGPT and its underlying AI models on technology, business, and society will only grow. To learn more about the latest AI news trends, explore our article on key developments shaping AI features, institutional adoption, etc. This post Unlocking ChatGPT: Essential Insights into OpenAI’s Powerful AI Chatbot first appeared on BitcoinWorld and is written by Editorial Team
23 May 2025, 20:40
AI Ethics Confronted: Experts Tackle Generative AI’s Dangerous Line at Bitcoin World AI
BitcoinWorld AI Ethics Confronted: Experts Tackle Generative AI’s Dangerous Line at Bitcoin World AI In a world increasingly shaped by artificial intelligence, the conversation around AI ethics has moved from theoretical debates to urgent practical concerns. As generative AI tools become incredibly sophisticated and accessible, the potential for misuse, deception, and unforeseen consequences grows exponentially. For those invested in the trust and security inherent in the blockchain and cryptocurrency space, understanding these ethical frontiers is crucial. This pressing issue takes center stage at the upcoming Bitcoin World Sessions: AI event. AI Ethics: Unpacking the Crisis The core challenge in AI ethics today lies in the speed and power of development outpacing our ability to govern it responsibly. The tools for creating hyper-realistic synthetic media, manipulating information, and automating decisions with potential biases are now widely available. This raises fundamental questions: How do we ensure powerful AI systems are also safe? Who is responsible when AI causes harm? And what mechanisms can we put in place to maintain control? Generative AI: The Double-Edged Sword Generative AI , capable of creating text, images, audio, and video that are virtually indistinguishable from human-created content, represents a significant leap forward. While offering immense creative and productivity potential, it also presents serious risks. The ease with which convincing deepfakes can be produced, for instance, poses threats to individual reputation, political processes, and public trust in media. The discussion at Bitcoin World Sessions: AI will delve into these dual aspects, exploring both the promise and the peril. Tackling AI Safety: Expert Perspectives Addressing the critical need for AI safety requires insights from those on the front lines of both research and application. The session features two leading voices: Artemis Seaford, Head of AI Safety at ElevenLabs, and Ion Stoica, co-founder of Databricks and a professor at UC Berkeley. Artemis brings deep experience from her work at ElevenLabs, OpenAI, and Meta, focusing specifically on media authenticity and preventing abuse. Her perspective is grounded in real-world challenges posed by evolving deepfake technology. Ion, with his background building foundational AI infrastructure like Spark and Ray, offers a systems-level view on how safety can be architected into the very core of AI platforms. Together, they offer a comprehensive look at the technical and societal challenges of building safe, trustworthy AI. Deepfakes: The Evolving Threat One of the most visible manifestations of the ethical crisis in AI is the rise of deepfakes . These AI-generated synthetic media are becoming increasingly sophisticated, making it harder to distinguish real from fake. The session will provide a clear-eyed assessment of how deepfake technology is advancing, the new risks emerging from its proliferation, and which countermeasures are proving effective. Understanding this specific threat is vital for navigating the information landscape shaped by advanced AI. Join the Discussion at Bitcoin World AI The conversation with Artemis Seaford and Ion Stoica is just one highlight of the day-long Bitcoin World Sessions: AI event on June 5 at UC Berkeley. This event offers a unique opportunity to engage with a diverse group of experts from companies like OpenAI, Google Cloud, Anthropic, and Cohere. Attendees can expect tactical insights, candid discussions, and valuable networking opportunities. It’s a chance to be at the forefront of understanding not just how AI is built, but how it can be guided responsibly. Secure your spot now to gain access to this critical discussion and connect with leaders shaping the future of AI. Limited-time ticket savings are available, making it an ideal time to register. The tools are advancing rapidly, and the ethical frameworks need to keep pace. Participating in discussions like those at Bitcoin World Sessions: AI is essential for anyone navigating the complexities of modern technology. To learn more about the latest AI ethics trends, explore our article on key developments shaping AI safety features. This post AI Ethics Confronted: Experts Tackle Generative AI’s Dangerous Line at Bitcoin World AI first appeared on BitcoinWorld and is written by Editorial Team
23 May 2025, 19:15
Bitcoin price ‘breather’ expected as short-term traders realize $11.6B in profit
Key takeaways: Short-term Bitcoin holders realized $11.6 billion in profit over the past 30 days, suggesting a potential pause or local top in the market. Technical indicators show cooling momentum as retail investor sentiment falls to a 90-day low and liquidity data points to price volatility. Bitcoin (BTC) price recently hit a new all-time high of $111,800, but the bullish momentum may slow down as onchain data from Glassnode reveals significant profit-taking by short-term holders (STHs), potentially signaling a market "breather." Glassnode analysis shows that STHs, often considered traders rather than long-term investors, have realized a staggering $11.6 billion in profits over the last 30 days. This follows a sharp rebound in Bitcoin’s price, pushing past the STH cost-basis of $93,000. The profit-taking peaked at $747 million daily, a rapid increase from the $1.2 billion realized in the last 30-day period, highlighting a shift in new investor sentiment. Bitcoin entity-adjusted short-term holder. Source: Glassnode The STH Realized Profit/Loss Ratio has spiked, with profits now significantly outweighing losses, and only 8% of trading days have seen this ratio at a higher level. This level of profit-taking is typical during bullish trends but often precedes local market tops. Excessive profit-taking can overwhelm new demand, creating overhead supply resistance and halt Bitcoin’s upward trajectory. Crypto analyst Axel Adler Jr noted that Bitcoin’s 30-day price momentum has already slowed by 38%, currently sitting at 19%. Adler described it as a “technical cooldown” after the recent peak. The Bitcoin researcher suggested the market needs a “breather” before potentially resuming its rally. Similarly, analysis from Hyblock Capital advised caution as the previous three months outlined Bitcoin consistently targeting short liquidity zones above current prices, driving its recent highs. However, retail sentiment is at a 90-day low, with only 31.59% of retail accounts holding long positions. Meanwhile, open interest is at a 90-day high, and combined order books sit in the 91st percentile, signaling high liquidity and potential volatility. Bitcoin aggregate order book and open interest. Source: Hyblock / X Related: US Bitcoin ETFs near record month after $1.5B inflows in 2 days Bitcoin open interest dropped by $1.2 billion as BTC fell under $110,000 Bitcoin experienced a sharp decline, dropping to $108,000 from $111,300 before the New York trading session opened on May 23. US President Donald Trump’s announcement of a 50% tariff on European Union imports, effective June 1, 2025, triggered the price dump, which sparked global market uncertainty. The price plunge resulted in a significant $1.2 billion open interest reduction in Bitcoin positions, signaling a wave of deleveraging as traders reduced futures exposure. 🚨LATEST: #Bitcoin open interest exhibits a $1.2 billion position flush after $BTC drops below $110,000. pic.twitter.com/0ee46BiHGD — Cointelegraph Markets & Research (@CointelegraphMT) May 23, 2025 Despite the initial sell-off, Bitcoin rebounded above $109,000, with speculators dismissing the sell-off period. Regarding the current market trend, crypto trader Honey pointed out that any corrections could be potential buying opportunities. The trader said, “As expected we pumped and now that the golden cross has happened on BTC, we generally see a market-wide pullback so I’d be cautious here. Dips are for buying.” Related: Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
23 May 2025, 17:08
Bitcoin’s bull market will ‘redefine’ BTC’s role in modern portfolios — Fidelity research
Key takeaways: Bitcoin’s performance in the current bull market and a new cohort of buyers reflect a maturing market and widening adoption. A 50% rise in hashrate and a 63% jump in Realized Cap highlight investors’ confidence in Bitcoin. A recent report from Fidelity Digital Assets explored how the current Bitcoin market cycle reflects a shift toward a maturing market where the rate of adoption deepens and expands. At block height 892,500—marking 25% progress into the current halving epoch—Bitcoin traded between $82,500 and $85,000, representing a 31% increase from its value on April 19, 2024, when the fourth halving reduced block rewards to 3.125 BTC. Bitcoin: halving cycles compared. Source: Fidelity Digital Assets Fidelity’s senior research analyst Daniel Gray emphasized Bitcoin’s network resilience, noting a 50% surge in hashrate since the halving. This increase signals strong miner commitment despite reduced rewards. Unlike previous cycles marked by post-halving rallies, the 2024–2025 phase has been characterized by steadier, more measured growth. The Puell Multiple—an indicator of miner revenue relative to Bitcoin’s price—has stabilized, suggesting that the market is adjusting to lower issuance without significant volatility. The report explains, “Bitcoin’s more muted returns likely reflect a market that is digesting several extrinsic tailwinds and headwinds, which have inevitably caused some uncertainty.” Historically, this mid-epoch phase has coincided with new all-time highs—an event that occurred this week. Fidelity noted that this growth could extend into Q2 2025, potentially redefining Bitcoin’s position as a credible asset class in modern portfolios. Bitcoin's Realized Cap is a significant indicator of this evolution, which measures cumulative net capital inflows. Since the 2024 halving, the Realized Cap metric has surged 63%, climbing to $915 billion from $561 billion, underscoring the scale of capital entering the market. Bitcoin realized cap milestones. Source: Glassnode This trend fits within Bitcoin’s long-term trajectory, where Realized Cap has risen with each halving, indicating a maturing asset with substantial growth progression. Key drivers behind this Bitcoin bull market The current bull market cycle is also distinguished by record-breaking levels of institutional investor and corporate-level participation. The approval of spot Bitcoin exchange-traded funds (ETFs) in the US in January 2024 has ushered in $134 billion in inflows, while monthly trading volumes on platforms like Binance soared past $1 trillion in March 2024—a massive leap from just $11 billion in January 2018. Public companies' strategic accumulation of Bitcoin, most notably Strategy, now holding 576,230 BTC , also sets a new industry blueprint. Firms like Metaplanet Inc., Bitcoin Group SE, and Semler Scientific have since followed suit, validating Bitcoin’s role as a corporate treasury asset this cycle. Thus, Gray asserts that Bitcoin’s fundamentals and global recognition are “stronger than ever,” signaling a cycle of growth, institutional anchoring, and market resilience. Related: Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K? This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
23 May 2025, 17:08
Shiba Inu coin price prediction 2025-2031: Will SHIB skyrocket soon?
Key takeaways In 2025, the Shiba Inu coin price prediction suggests a maximum value of $0.000025. In 2028, SHIB can reach a maximum value of $0.000085. The price of Shiba Inu is predicted to reach an average value of $0.000256 in 2031. The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has transformed into a comprehensive Shiba Inu ecosystem, significantly impacting Shiba Inu’s value and utility. Key components include ShibaSwap, a decentralized exchange, and Shibarium, a Layer 2 solution to enhance scalability. These developments have boosted SHIB’s adoption and functionality. As SHIB’s ecosystem grows, questions arise about SHIB’s future and its price trajectory. Will the advancements in ShibaSwap and Shibarium drive SHIB to new highs and influence the price action in the market? Can SHIB sustain its current price momentum and strengthen its position in the crypto market by flashing bullish signals? Will SHIB ever reach $1? In this Shiba Inu price prediction, analyzed by Cryptopolitan, we’ll determine future SHIB price trends. Overview Cryptocurrency Shiba Inu Token SHIB Price $0.00001426 (-1.6%) Market Cap $8.36 Billion Trading Volume (24-hour) $176.26 Million Circulating Supply 589.55T SHIB All-time High $0.00008845 (Oct 27, 2021) All-time Low $0.00000000008165 (Aug 31, 2020) 24-hour high $0.0000149 24-hour low $0.00001416 Shiba Inu coin price prediction: Technical Analysis Metric Value Volatility 7.98% 50-Day SMA $0.00001336 14-Day RSI 51.45 Sentiment Neutral Fear & Greed Index 71 (Greed) Green Days 15/30 (57%) 200-Day SMA $0.00001653 Shiba Inu analysis: SHIB Price Declines Toward $0.0000142 SHIB failed to break above $0.00001601, signaling intense selling pressure and capping upside momentum. This level prevents further decline, but repeated tests increase the risk of a breakdown toward $0.00001400. Both daily and 4-hour charts show bearish signals with declining RSI and MACD, pointing to continued downside risk. On 23rd May 2025, Shiba Inu (SHIB), the popular meme-based cryptocurrency, is showing bearish momentum today, trading at $0.00001483, a 2.73% decline over the last 24 hours. The price action reflects a weakening trend after attempts to break higher failed to gain traction. Trading activity remains concentrated within a narrow band, indicating investor caution amid broader market volatility. Shiba Inu on the 1-day chart: SHIB resistance rejection and weakening momentum signal bearish pressure The 1-day chart shows Shiba Inu experiencing rejection at the $0.00001601 resistance level, followed by a sharp price correction. This level coincides with a recent peak where upward momentum stalled, triggering a round-top formation. That formation typically suggests an end to a short-term bullish cycle and transition toward selling pressure. Indicators such as the Relative Strength Index (RSI) are trending lower and approaching the midline, indicating weakening bullish momentum. SHIB’s support at $0.00001462 has been tested and held for now, but the current candlestick shows extended lower wicks, signs of buyers attempting to defend that level. A break below this support would expose SHIB to further downside, potentially toward $0.00001400. The MACD line converges with the signal line, hinting at a possible bearish crossover, while the Bollinger Bands are contracting, pointing to a potential volatility breakout. Overall, the daily chart reflects growing indecision with bearish leanings unless bulls reclaim the mid-$0.000015s range soon. Shiba Inu on the 4-hour chart: SHIB faces selling pressure below mid-range resistance The 4-hour chart shows sustained pressure below mid-range levels, reinforcing the current downtrend. SHIB failed to hold gains above $0.00001550, indicating a lack of follow-through from bulls. Price continues to make lower highs and lower lows, a clear bearish signal on this shorter timeframe. The RSI on the 4-hour view has dropped below 50, while MACD is trending downward, supporting further short-term downside risk. Shiba Inu technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.00001364 BUY SMA 5 $0.00001432 BUY SMA 10 $0.00001512 SELL SMA 21 $0.00001431 BUY SMA 50 $0.00001336 BUY SMA 100 $0.00001377 BUY SMA 200 $0.00001653 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $0.00001404 BUY EMA 5 $0.00001351 BUY EMA 10 $0.00001300 BUY EMA 21 $0.00001287 BUY EMA 50 $0.00001367 BUY EMA 100 $0.00001552 BUY EMA 200 $0.00001719 SELL What to expect from SHIB price next? SHIB faces growing downside risks unless it breaks above key resistance levels. The failure to sustain gains above $0.00001550 on the 4-hour chart and rejection at $0.00001601 on the daily chart highlight persistent selling pressure. If SHIB breaks below the $0.00001462 support, it may test the next critical level near $0.00001400. Bearish momentum indicators like the RSI below 50 and a declining MACD suggest short-term weakness could continue. However, buyers have shown some interest near support, visible in the daily chart’s lower wicks. Traders should watch for a decisive break either above $0.00001550 for a bullish reversal or below $0.00001462 for accelerated selling. Volatility may increase soon, given the contracting Bollinger Bands, which often precede sharp price moves. Recent News Shiba Inu announced robust update for Shibarium blockchain. It is aimed at strengthening the network’s decentralization. 🚨 Important Shibarium Update: Enhancing Decentralization! 🚨 The Shibarium team is taking a significant step to strengthen the network! Soon, rate limits will be implemented on public RPC endpoints. This isn't about restricting access; it's about building a more robust and… pic.twitter.com/ArUtJGFmRy — Shibarium Updates 📢 (@Shibizens) May 22, 2025 Is Shiba Inu a good investment? Shiba Inu shows bearish momentum with persistent selling pressure and weakening indicators. The price remains below key resistance levels, limiting upside potential. Support for nearly $0.00001462 is holding for now, but it risks breaking with repeated tests. Short-term trends suggest caution for investors until an apparent reversal appears. Volatility may rise soon, so investors should watch for decisive moves above resistance or below support before considering new positions. Why is Shiba Inu down today? Shiba Inu’s decline reflects intense selling pressure after failing to break above key resistance at $0.00001601. The price struggled to hold gains above $0.00001550, showing weak bullish momentum. Bearish signals on daily and 4-hour charts, like falling RSI and declining MACD, point to continued downside risk. Investor caution amid broader market volatility limits buying interest, keeping SHIB in a narrow trading range. Repeated support tests at $0.00001462 raise the risk of a further drop toward $0.00001400. Will Shiba Inu recover? Buyers are strongly defending a drop below the immediate support channels on the price chart. If SHIB price holds its momentum above $0.000014 level, we might see further surges. Will SHIB reach $0.00005? Yes, according to the long-term SHIB price prediction, the current Shiba Inu price is projected to reach up to $0.00005 by 2027. Will SHIB reach $0.0001 Yes, according to the long-term predictions shared by crypto experts , SHIB is projected to reach up to $0.0001 by 2029. Will SHIB reach $100? Reaching $100 for SHIB is virtually impossible due to its vast circulating supply in the meme coin market. Additionally, to reach $100 mark, SHIB would require a strong push in its market cap, which is beyond imagination for a meme coin. Does SHIB have an excellent long-term future? Shiba Inu price made headlines in January 2025 after the Shiba Inu’s lead developer Shytoshi Kusama stepped down. However, SHIB shows some positive movement, suggesting the ecosystem may have a promising long-term future. However, its success will depend on partnerships, broader market adoption trends, and other regulatory developments. It is advised to do your own research and conduct expert opinion before investing in the highly volatile crypto market. Shiba Inu price prediction for May 2025 Shiba Inu (SHIB) is expected to show a variety of price fluctuations through May 2025. The potential low is $0.000016, while the average price might be around $0.000018. SHIB could reach up to $0.000019, which is the highest expected price. Month Potential low Potential average Potential high May 2025 $0.000016 $0.000018 $0.000019 Shiba Inu price prediction 2025 In 2025, the minimum price of Shiba Inu will be around $0.000022. The maximum expected price for SHIB may be around $0.000025, and the average price is $0.000023. Year Potential low Potential average Potential high 2025 $0.000022 $0.000023 $0.000025 Shiba Inu price predictions 2026-2031 Year Minimum price Average price Maximum price 2026 $0.000033 $0.000034 $0.000038 2027 $0.000047 $0.000048 $0.000057 2028 $0.000070 $0.000073 $0.000085 2029 $0.000102 $0.000106 $0.000123 2030 $0.000150 $0.000154 $0.000180 2031 $0.000211 $0.000217 $0.000256 Shiba Inu price prediction 2026 According to predictions for 2026, Shiba Inu is expected to reach a minimum value of $0.000033, a maximum value of $0.000038, and an average trading price of $0.000034. Shiba Inu price prediction 2027 By 2027, Shiba Inu (SHIB) is forecasted to reach a minimum price of $0.000046, with a maximum of $0.000057 and an average price of $0.000048. Shiba Inu price prediction 2028 In 2028, the price of Shiba Inu is predicted to reach a minimum value of $0.000070. Investors can expect a maximum value of $0.000085 and an average trading price of $0.000073. Shiba Inu Coin price prediction 2029 The Shiba Inu price prediction suggests that by 2029, Shiba Inu could reach a minimum price of $0.000102, a potential maximum price of $0.000123, and an average trading price of $0.000106. Shiba Inu price prediction 2030 In 2030, the Shiba Inu prediction suggests the price of Shiba Inu will trade at a minimum value of $0.000150, a maximum value of $0.000180, and an average trading value of $0.000154. Shiba Inu price prediction 2031 In 2031, Shiba Inu is expected to reach a minimum price of $0.000211, a maximum price of $0.000256, and an average price of $0.000217. SHIB Price Predictions 2025-2031 Shiba Inu market price prediction: Analysts’ SHIB price forecast Firm Name 2025 2026 DigitalCoinPrice $0.0000265 $0.0000297 CoinCodex $0.00001077 $0.00007703 Cryptopolitan’s Shiba Inu price prediction According to Cryptopolitan’s Shiba Inu price forecast, SHIB could reach a maximum price of $0.000025 by the end of 2025. By 2026, the price of the Shiba Inu token is predicted to reach a minimum value of $0.000038. Considering the total supply, Shiba Inu’s rise in price could take it to a maximum price level of $0.000256 with an expected average trading price of $0.0000217 by 2031. Shiba Inu historic price sentiment Shiba Inu Historical Price Chart Memecoin Shiba Inu’s price surged by over 300% within the month of its launch, sparking a trading frenzy similar to Dogecoin’s rise in early 2021. In 2022, Shiba Inu traded around $0.000025 at the start of the year but sharply declined to approximately $0.000008 by May 2022. For the remainder of the year, it stabilized, fluctuating between $0.000007 and $0.000010. In early 2023, Shiba Inu briefly spiked to $0.000015 in February but declined gradually, stabilizing around $0.000010 by June 2023 and closing the year at $0.00001033. In March 2024, Shiba Inu surged to a high of $0.000045 but consolidated between $0.0000173 and $0.00002933 by June 2024. By August 2024, the price ranged from $0.000015 to $0.000017. By October 2024, Shiba Inu traded between $0.000015 and $0.000017. In December 2024, the token traded between $0.00001853 and $0.00003343. SHIB opened trading at $0.00002118 in 2025 and hovered around $0.0000182 and $0.000019. In February, Shiba Inu (SHIB) hovered around the $0.0000172 region. The price of Shiba Inu (SHIB) in March 2025 initially dipped slightly below $0.0000137 before experiencing a sharp upward surge, peaking above $0.0000150, and then stabilizing around $0.0000141 with some fluctuations. In April 2025, Shiba Inu (SHIB) saw mild volatility, generally trending downward with its price slipping from around $0.00001233 to approximately $0.00001205. In early May 2025, Shiba Inu traded at approximately $0.0000137 but declined later toward $0.0000123.
23 May 2025, 15:21
Analyst Foresees a Repeat of November 2024 XRP Golden Cross, Sets Price Target
Crypto analyst Dark Defender (@DefendDark) has identified a significant technical signal on XRP’s weekly chart that mirrors a pattern last observed in November 2024. According to his recent analysis, XRP has once again produced a golden cross on the Relative Strength Index (RSI), a development that preceded a substantial price rally late last year. This rally sent XRP to a multi-year high of $3.39, outperforming expectations. The RSI signal, which occurred after 200 days, coincides with a bullish price structure, eliminating key resistance levels. On 4 November, #XRP had a Golden Cross Signal on weekly RSI. We warned in October. Today, XRP RSI has produced the same signal after 200 days! XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85… pic.twitter.com/SthErQvaJE — Dark Defender (@DefendDark) May 22, 2025 Weekly Resistance Line Breached The chart provided by Dark Defender illustrates that XRP has successfully broken through a longstanding weekly resistance trendline. This resistance, which constrained its upward movement for several months, formed after XRP’s surge in November and was invalidated following a sequence of higher lows and a decisive bullish candle. This technical breach is further supported by a bullish pin bar formation, which is often interpreted by traders as a signal of strong buying pressure. The pin bar suggests a positive market response to the cleared resistance and the confirmation of the new RSI signal. RSI Golden Cross Repeats A key feature of the current setup is the golden cross on the RSI, marked on both the chart and in the accompanying commentary. The same signal emerged in November 2024 and was followed by a significant upward movement. The RSI indicator, which measures momentum, shows the purple line (RSI) crossing above the yellow line (typically the moving average of RSI), signaling a shift from bearish to bullish momentum. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Dark Defender emphasizes that the setup has returned under similar technical conditions, suggesting that the previous pattern could be a precursor to another move toward a higher target. Price Targets and Elliott Wave Structure The chart also presents projected targets based on Elliott Wave Theory , with wave counts labeled from I to V. According to this analysis, XRP is positioned at the beginning of a third wave, traditionally the strongest in Elliott Wave progressions. The initial target is marked at $2.5932, derived from the 161.8% Fibonacci extension. The subsequent target is $4.2838 (361.8% extension), with a final projected move toward $5.8563, representing the 261.8% extension. XRP is currently trading at $2.46. Dark Defender notes that XRP is targeting $3.33 in the short term, with expectations for the price to continue climbing toward the $5.85 target following the RSI confirmation and trendline break. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Foresees a Repeat of November 2024 XRP Golden Cross, Sets Price Target appeared first on Times Tabloid .