hodler

9 Jun 2026, 17:26

Shiba Inu (SHIB) Investors Face Big Questions After 65% Yearly Collapse

Once a dominant force by market capitalization, the self-proclaimed Dogecoin killer has seen a steep decline in recent months and now stands as a mere shadow of its former glory. Multiple factors suggest the meme coin may suffer even greater losses in the near future, while a key technical indicator signals that a short-term recovery is also plausible. The Crash Has Yet to Begin? Currently, Shiba Inu (SHIB) is worth around $0.000004697 (per CoinGecko), representing a whopping 65% decline over the past year. To make matters worse, the coin has collapsed by nearly 95% since the all-time high reached at the end of 2021. For years, SHIB stood as the second-largest meme coin, trailing only Dogecoin (DOGE). But its market cap fell well below $3 billion, and it was overtaken by MemeCore (M), which surged toward a $4 billion valuation. The token’s poor performance comes alongside a declining trading volume, which has plummeted by 84% over the last 12 months, and an overall reduction in interest in meme coins. Such a low figure usually signals weak market participation and fading conviction among traders and investors: a factor that could hamper a potential revival for SHIB. The coin’s burn rate, which has fallen by 71% over the past week, is another cause for concern. The mechanism’s ultimate goal is to reduce the overall supply of Shiba Inu and increase its value through scarcity. Since the program launched, the team and community have scorched more than 40% of the supply, but with almost 590 trillion tokens still in circulation, the total remains quite high. SHIB Burn Rate, Source: Shibburn.com Next on the list is Shibarium’s stalled activity. Shiba Inu’s layer-2 scaling solution officially saw the light of day in the summer of 2023, designed to advance the project by improving speed, enhancing scalability, and reducing transaction fees. At first, the protocol facilitated millions of daily transactions, but an exploit last year changed things for the worse, and the figure has since drastically declined. Shibarium Transactions, Source: Shibariumscan.io The Bright Side Amid a landscape filled with worrying signals, Shiba Inu’s Relative Strength Index (RSI) stands out as one of the few indicators signaling that a short-term rebound is possible. The technical analysis tool’s ratio has dropped below 30, indicating that the meme coin’s price has fallen too much in a short period and could be due for a resurgence. The RSI ranges from 0 to 100, and readings above 70 suggest SHIB has entered overbought territory, which may be a precursor to an impending pullback. SHIB RSI, Source: CryptoWaves The post Shiba Inu (SHIB) Investors Face Big Questions After 65% Yearly Collapse appeared first on CryptoPotato .

9 Jun 2026, 17:24

266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now?

🚨 266 billion SHIB exited exchanges in just 24 hours, catching investor attention. 💡 Demand for $SHIB surged even as its price dropped by 2.83% in the same period. 📊 Rising outflows may suggest investors are holding rather than selling. Continue Reading: 266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now? The post 266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now? appeared first on COINTURK NEWS .

9 Jun 2026, 17:20

Bitwise: Bitcoin’s Decline Signals Broader Macro Risk, But $72 Billion in Stablecoins Points to Rebound Potential

BitcoinWorld Bitwise: Bitcoin’s Decline Signals Broader Macro Risk, But $72 Billion in Stablecoins Points to Rebound Potential Bitwise Asset Management has offered a nuanced perspective on Bitcoin’s recent price weakness, framing it not as a crypto-specific problem but as an early warning signal for broader financial markets. In a new analysis, the firm argues that Bitcoin is acting as a ‘canary in the coal mine,’ detecting shifts in investor risk appetite before traditional asset classes fully react. Bitcoin as a Leading Indicator The analysis points to a synchronized risk-off move across global markets. The Nasdaq recently fell 5%, and South Korea’s KOSPI index experienced a temporary trading halt. Both events were triggered by stronger-than-expected U.S. employment data, which fueled concerns that the Federal Reserve may keep interest rates higher for longer than previously anticipated. Bitwise notes that Bitcoin’s decline preceded some of these moves, reinforcing its role as a high-sensitivity barometer for liquidity and risk sentiment. On-Chain Data Reveals Sidelined Capital Despite the bearish price action, Bitwise highlights a critical counterpoint: on-chain metrics suggest that significant capital is waiting on the sidelines, ready to re-enter the market. The Stablecoin Supply Ratio (SSR) Relative Strength Index (RSI) has dropped to 13, a level that has historically marked accumulation zones. This reading indicates that stablecoins are relatively cheap compared to Bitcoin’s market cap, a condition often seen before major price rallies. Furthermore, approximately $72 billion in stablecoins is currently held on major exchanges, representing a massive pool of potential buying power. Bitwise suggests that this liquidity could fuel a swift rebound in Bitcoin once macro headwinds ease, potentially ahead of a recovery in equities. What This Means for Investors For market participants, the Bitwise analysis provides a framework for interpreting Bitcoin’s volatility within a broader macro context. Rather than viewing the recent decline as a loss of confidence in crypto, it may be more accurate to see it as a reflection of tightening global liquidity conditions. The presence of abundant sidelined capital suggests that the sell-off may be more about timing than structural weakness. Investors should monitor both macroeconomic data—particularly employment figures and Fed policy signals—and on-chain liquidity metrics like the SSR RSI. A shift in either could trigger the next major move in Bitcoin. Conclusion Bitwise’s assessment offers a data-driven counterpoint to purely bearish narratives. While Bitcoin’s price action is undeniably tied to macro risk sentiment, the underlying on-chain data tells a story of latent demand. With billions in stablecoins ready to deploy, the market may be closer to a turning point than price charts alone suggest. FAQs Q1: Why does Bitwise call Bitcoin a ‘canary in the coal mine’? Bitwise uses this metaphor to describe Bitcoin’s tendency to react to changes in global liquidity and risk sentiment faster than traditional markets, acting as an early warning system for broader financial stress. Q2: What is the Stablecoin Supply Ratio (SSR) RSI? The SSR RSI measures the relative value of stablecoins compared to Bitcoin’s market capitalization. A low reading, like the current 13, suggests that stablecoins are undervalued relative to BTC, historically signaling an accumulation zone. Q3: Could Bitcoin really rebound before stocks? Bitwise suggests it is possible, given the large pool of stablecoin liquidity on exchanges. If macro conditions stabilize, Bitcoin’s higher volatility and sensitivity to liquidity flows could drive a faster recovery than equities. This post Bitwise: Bitcoin’s Decline Signals Broader Macro Risk, But $72 Billion in Stablecoins Points to Rebound Potential first appeared on BitcoinWorld .

9 Jun 2026, 17:15

Wall Street Slides Hard and Bitcoin Tanks After Iran Shoots Down US Military Helicopter

Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The

9 Jun 2026, 17:15

Nobody Wants To Admit Google Gemini AI Might Be Right About XRP Price Prediction

Google Gemini AI just put XRP on the map again with a price prediction target of $5.00 to $7.00 by the end of 2026. With XRP changing hands near $1.16 right now, that is a 4x to 6x call on a coin most holders had written off. The bull case hangs on two big pillars, institutional adoption and the death of regulatory ambiguity in the U.S. If Ripple pulls off a clean RLUSD stablecoin integration, expands its cross-border liquidity network with major global banks, and rides a pro-crypto policy pivot that cracks open the door for a spot XRP ETF, demand could go vertical. Source: Gemini AI XRP Price Prediction That kind of real utility flowing into the token is what drives the push toward $5.00 to $7.00. It is a story built on XRP finally being used at scale, not just traded. The bear case is a softer landing, not a wipeout. If prolonged macro headwinds drag on, institutional cross-border volume stalls out, or a market wide liquidity drain hits, XRP could slide back toward the $0.65 to $0.80 support level. That is the zone where the thesis cools off and patience gets tested. Still, even that downside is shallow compared to the size of the upside if the utility story plays out the way the bulls expect. Xrp (XRP) 24h 7d 30d 1y All time XRP Price Prediction: When Utility Finally Outruns The Charts XRP price is on the daily and price sits at $1.16 after a long bleed from the $3.65 top set last July. The structure is a textbook downtrend, a steady run of lower highs and lower lows that just carved a fresh local low near $1.04. Pattern wise this is a descending channel, and price is now trying to put in a small bounce off that low. Key support sits right here at $1.10, with the next shelf near $1.00 and major demand back at $0.80. Resistance stacks at $1.40, then $1.60, and the heavier zone at $1.80. RSI is reading 33.35 with its signal line at 32.05. So momentum is sitting just above its average and crawling up out of oversold. That tight gap of about 1.3 points with RSI back over the signal is an early sign the selling is drying up. A clean push above the 40 zone would confirm buyers are stepping back in. Tie it together and the chart is beaten down hard, exactly the kind of base the prediction wants before any 4x dream. Reclaim $1.40 and the road toward $5.00 starts to look a little less wild. Here is Why Gemini AI Prediction For LiquidChain is Bullish Cycles do not reward patience at resistance. They reward positioning before the move. Bitcoin, Ethereum, and XRP are all testing the same bands they have been stuck under for weeks. The macro catalyst is always one data print away. The institutional inflows are always one quarter away. The ceiling is visible, it is not moving, and everyone sitting in large caps waiting for a breakout is waiting on a decision that belongs to someone else. Early stage infrastructure operates in a different reality entirely. Capital that would not move Bitcoin’s price by a single percentage point can reprice a small cap project dramatically. The opportunity exists in the gap between what something is genuinely worth and what the market has assigned it so far. That gap is only available while the project remains undiscovered. Discovery closes it permanently. Multi-chain fragmentation has been extracting value from DeFi users since the first bridge launched and nothing has fixed it. Bitcoin, Ethereum, and Solana were built as separate systems with no shared architecture and no native interoperability. Every transaction that crosses those boundaries pays for that design decision in fees, slippage, and execution failures. Bridges did not solve the problem. They monetized it. LiquidChain removes the problem entirely. All 3 networks collapse into a single execution layer where developers deploy once and users interact across every ecosystem without absorbing a cross-chain tax on every move. ChatGPT AI has flagged it as a project worth watching. The presale is at $0.01454 with just over $820,000 raised. Execution risk is real. Adoption is unproven. Established assets offer a smoother ride toward a ceiling that is already fully priced. LiquidChain is a seat at a table that has not been set yet. Explore the LiquidChain Presale The post Nobody Wants To Admit Google Gemini AI Might Be Right About XRP Price Prediction appeared first on Cryptonews .

9 Jun 2026, 17:10

British Pound Firms as US CPI Countdown Tests USD Bulls

BitcoinWorld British Pound Firms as US CPI Countdown Tests USD Bulls The British pound edged higher against the US dollar on Wednesday, as currency markets braced for the release of the latest US Consumer Price Index (CPI) data. Traders are weighing whether the inflation report will reinforce the Federal Reserve’s cautious stance or open the door for earlier rate cuts, creating a pivotal moment for the greenback. GBP/USD Holds Ground Ahead of Inflation Data GBP/USD traded near the 1.2750 level during the European session, recovering slightly from earlier losses. The pair has been range-bound this week as investors refrained from large bets ahead of the CPI release. The US dollar index (DXY) softened modestly, reflecting a cautious tone in the market. The US CPI report, due at 12:30 GMT, is expected to show headline inflation easing to 2.9% year-over-year in March, down from 3.2% in February. Core CPI, which excludes volatile food and energy prices, is forecast to dip to 3.4% from 3.6%. A softer-than-expected reading could weigh on the dollar, while a hotter print may reinforce expectations that the Fed will keep rates higher for longer. Market Positioning and Expectations The pound’s recent resilience reflects a combination of factors. The Bank of England has maintained a relatively hawkish tone, with Governor Andrew Bailey emphasizing that rate cuts are not imminent. Meanwhile, UK economic data has shown signs of stabilization, with services PMI and retail sales beating expectations in recent weeks. On the other side, the dollar has been supported by strong US jobs data and sticky inflation, but the market is increasingly pricing in a first rate cut by the Fed in September. The CME FedWatch Tool currently shows a 52% probability of a 25-basis-point cut at the September meeting, down from 60% a week ago. What the CPI Data Means for Traders For forex traders, the CPI release is the key event of the week. A significant miss to the downside could trigger a sharp sell-off in the dollar, pushing GBP/USD toward the 1.2850 resistance level. Conversely, a strong inflation print could see the pair test support near 1.2650. Beyond the immediate reaction, the data will shape expectations for the Fed’s May meeting. While no rate change is expected, the tone of the accompanying statement and Chair Jerome Powell’s press conference will be scrutinized for clues about the timing of future cuts. Conclusion The British pound is in a holding pattern as the market awaits the US CPI data. The outcome will likely determine the near-term direction for GBP/USD, with implications for broader risk sentiment and currency markets. Traders should be prepared for potential volatility and avoid over-leveraged positions ahead of the release. FAQs Q1: Why is the US CPI data important for the British pound? The US CPI is a key inflation gauge that influences the Federal Reserve’s interest rate decisions. A higher-than-expected reading could strengthen the dollar as it suggests the Fed may keep rates higher for longer, while a lower reading could weaken the dollar, benefiting the pound. Q2: What is the current market expectation for the Fed’s next move? Markets currently price in a 52% chance of a 25-basis-point rate cut at the September 2024 meeting. The May meeting is expected to hold rates steady, but the tone of the statement and press conference will be closely watched. Q3: What are the key support and resistance levels for GBP/USD? Immediate support is at 1.2650, followed by 1.2600. On the upside, resistance is at 1.2850 and then 1.2900. A break above 1.2850 could open the door to further gains toward 1.3000. This post British Pound Firms as US CPI Countdown Tests USD Bulls first appeared on BitcoinWorld .