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Why Is The Shiba Inu Price Crashing? The Billion-Dollar Move You Should Know About

The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question.Β 

Why The Shiba Inu Price Crashed

The Shiba Inu price crashed amid significant selling pressure, with a SHIB whale sending billions of tokens to Robinhood, likely to offload these tokens. Arkham data shows that the whale (0x2d0…9f7bB) first sent 210.365 billion SHIB tokens, worth $1.63 million, to the crypto exchange. These tokens represented about 97% of the whale’s SHIB holdings.

Further data from Arkham shows that the SHIB whale sent an additional 1.52 billion tokens to Robinhood and 7 billion tokens to liquidity provider B2C2 Group, which could be an OTC sale. The Shiba Inu price has notably crashed by over 7% in the last week, and it suffered its worst drop during this period yesterday amid the whale’s transfers. The whale now holds only 5.86 billion SHIB, worth $46,790.

The Shiba Inu price also crashed due to the sell-off in the broader crypto market, led by Bitcoin. BC dropped to as low as $87,000 yesterday amid concerns over trade tensions between the U.S. and Europe stemming from the Greenland-linked Trump tariffs. However, the market recovered towards the end of the day as Trump announced that he had canceled the proposed tariffs, having reached a Greenland deal with NATO.Β Β 

Despite the recent Shiba Inu price crash, the meme coin is still up over 15% year-to-date (YTD) and ranks among the best-performing crypto assets this year. However, SHIb is still far off from its current all-time high (ATH) of $0.00008845.Β 

Exchange Netflows For SHIB Remains Mixed

SHIB’s exchange netflows have remained mixed, indicating there is no clear accumulation pattern for the meme coin at the moment. CryptoQuant data shows that today’s net flows are negative, totaling just over 7 billion Shiba Inu tokens, suggesting that more coins are flowing into exchanges than out.Β 

Shiba Inu

However, the total exchanges’ netflows yesterday were positive, at 1.6 billion tokens, indicating more tokens leaving exchanges, which is bullish for the Shiba Inu price as it hints at accumulation from whales. On January 16, SHIB’s netflows were also positive, totaling around 115 billion tokens. However, the positive netflows on that day were overshadowed by the negative flows of 214 billion SHIB recorded on January 20.Β Β Β 

Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13%

Crypto traders still remain bullish on the Shiba Inu price as CoinGlass data shows the long/short ratio is currently above 1. Derivatives trading volume has also jumped by over 20% while the open interest is up almost 3%.Β 

At the time of writing, the Shiba Inu price is trading at around $0.000007978, up in the last 24 hours, according to data from CoinMarketCap.

Shiba Inu

Dominating Bitcoin: Strategy Has Crossed 700,000 BTC, What % Of Supply Do They Control?

Strategy continues to dominate as the largest Bitcoin treasury company. This time, the company has expanded its holdings, crossing 700,0000 BTC in the process, and currently holds over 3% of the total Bitcoin supply.Β 

Strategy Now Holds 3.4% Of Bitcoin Supply As Holdings Top 700,000 BTC

Michael Saylor’s Strategy now holds approximately 3.4% of the total Bitcoin supply as the company increased its holdings to over 700,000. In a press release, the company revealed that it acquired 22,305 BTC for $2.13 billion at an average price of $95,284 per Bitcoin last week. It now holds 709,715 BTC, which it acquired for $53.92 billion at an average price of $75,979.Β 

This purchase was Strategy’s largest weekly announcement since November 2024 and its fifth-largest announcement ever. It also came just a week after the company announced it had acquired 13,627 BTC for $1.25 billion. Meanwhile, this latest purchase has come amid a decline in BTC’s price.Β Β 

Bitcoin dropped below $90,000 yesterday for the first time since the start of the year, dragging the Strategy stock with it. MSTR dropped as much as 8% yesterday, falling to around $160. The stock is still up over 3% year-to-date (YTD). However, it is worth noting that Saylor and his company continue to dilute MSTR shares to buy more Bitcoin. The company sold 10.4 million MSTR shares last week to fund most of this latest purchase.Β 

Reactions To The Latest BTC Purchase

Market analyst Rob noted that Strategy no longer highlights BTC yield as a flagship metric. He further stated that even after buying over 35,000 BTC in the first few weeks of this year, the BTC yield achieved is 0.4%, which amounts to an annualized rate of about 6% to 10%. The analyst also remarked that the law of diminishing Bitcoin yield means the ability to deliver a yield decreases as the BTC stack grows.Β 

With Strategy now holding over 700,000 BTC, Rob explained that it is harder to generate a return. According to him, this means that going forward, the play is more about squeezing the Bitcoin price itself higher rather than increasing the BTC per share. He added that this also explains why MSTR’s mNAV has collapsed to just over 1x.Β 

Crypto commentator Ran Neuner warned that a company like Strategy buying and holding such a large concentration of a reserve asset is not healthy. He added that right now, Saylor and his company are the only ones really buying Bitcoin. Meanwhile, market expert Bit Paine said it is a market failure that Saylor is allowed to buy this much BTC at prices below $100,000.Β 

At the time of writing, the BTC price is trading at around $90,000, down in the last 24 hours, according to data from CoinMarketCap.

Bitcoin

XRP Price Could Surge Another 30% If This Trend Is Confirmed

Crypto analyst ChartNerd has raised the possibility of the XRP price recording another 30% surge from its current level. This comes even as the altcoin risks erasing its year-to-date (YTD) gains due to the recent crypto market crash.Β 

How The XRP Price Could Rally To $2.70

In an X post, ChartNerd stated that a potential XRP price rally to $2.70 is a possibility in the near term if the altcoin can hold the Fib support targets and mark a higher low. He highlighted three Fib support levels, including the 0.5 at $2, 0.618 at $1.99, and 0.786 at $1.89. He noted that the $2.70 was the base of the descending triangle, around the area where XRP broke down from following the October 10 crypto crash last year.Β 

ChartNerd also explained that the XRP price was currently in a falling wedge breakout pattern and that this typically leads to rallies as high as where the coin had broken down. As such, in this case, XRP could reach the descending triangle resistance at $2.70. The crypto analyst had also highlighted bullish fundamentals that could drive the rally toward this target. This includes Ripple’s alleged ties to South Korea’s tokenized infrastructure and projected major expansion for XRP.Β 

However, it is worth mentioning that the XRP price is also at risk of a further decline amid the latest crypto market crash, led by Bitcoin. BTC has dropped to as low as $92,000 in the last 24 hours, forcing XRP to crash below the psychological $2 level. This crash has occurred on the back of the latest Trump tariffs on some European nations over the U.S. proposed takeover of Greenland. The EU is weighing retaliatory tariffs, which could escalate this into another full-blown trade war.Β 

The Crash Could Be A β€œBlessing In Disguise”

In another X post, ChartNerd suggested that the recent XRP price crash could be a blessing in disguise. This came as the analyst alluded to the $1.80 liquidity pocket on the monthly heatmap. He noted that this latest drawdown has swept the altcoin into that exact sell-side liquidity, a move which ChartNerd described as a clarity response.Β 

XRP

ChartNerd also suggested that the XRP price is likely a minor setback rather than a major retracement. He noted that although altcoins are taking hefty hits, Bitcoin hasn’t lost any key structure and that all he sees is β€œopportunity” until the trendline is invalidated. As such, XRP could see a bounce if BTC successfully defends this trendline.Β 

At the time of writing, the XRP price is trading at around $1.96, down over 4% in the last 24 hours, according to data from CoinMarketCap.

XRP

Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why

Crypto analyst TARA has predicted that the Bitcoin price will still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target.Β 

Analyst Predicts Bitcoin Price Surge To $99,000

In an X post, TARA opined that the Bitcoin price will reach $99,300, even though the flagship crypto is printing a bearish candlestick. She stated that BTC wants to touch this price target before it retraces deeper so that the correction does not break the critical support at $90,000. The analyst added that retracement levels for BTC will continue to be adjusted, with the new 2026 high above $97,000, while revealing subwaves on the way to the full target at $103,000.Β 

Notably, crypto traders are currently betting on the Bitcoin price rallying past the $99,000 level and reaching the psychological $100,000 level. Polymarket data shows a 48% chance that BTC will rally to $100,000 this month. This follows the flagship crypto’s recent rally from around $92,000 to above $97,000 following the release of the soft CPI inflation data earlier this week.Β 

Bitcoin

The spot Bitcoin ETFs have also contributed to the Bitcoin price surge to start the year. In an X post, Bloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and now boast 1-week net inflows of $1 billion and $1.5 billion year-to-date (YTD). With BTC rallying to $97,000 after trading sideways towards the end of last year, Balchunas opined that the buyers may have exhausted the sellers.Β 

Arthur Hayes Predicts Bitcoin Rally On Rising Liquidity

In his latest blog post, BitMEX co-founder Arthur Hayes predicted that the Bitcoin price could sustain this rally as dollar liquidity rapidly increases. Hayes expects dollar liquidity to increase as U.S. President Donald Trump finds more ways to inject liquidity into the economy. The BitMEX co-founder highlighted how Trump plans to lower mortgage rates, which could cause Americans to borrow more.Β Β 

Hayes also mentioned that the liquidity in 2025 didn’t support crypto portfolios, which is why the Bitcoin price underperformed. He urged market participants not to draw wrong conclusions from the 2025 underperformance, as it was always a liquidity story rather than a cyclical bear market, as some analysts suggested.Β 

More liquidity could also flow into the market as Trump nominates a rate-cut advocate to replace Fed Chair Jerome Powell. This could lead to larger rate cuts, which would be bullish for the Bitcoin price and the broader crypto market.Β 

At the time of writing, the Bitcoin price is trading at around $95,300, down in the last 24 hours, according to data from CoinMarketCap.

Bitcoin

PEPE Price Prediction: The Level That Will Send The Meme Coin To The Stratosphere

Crypto analyst Morja has revealed his PEPE price prediction, alluding to the level the meme coin must hold to sustain its bullish momentum. Another crypto analyst painted a scenario in which the meme coin replicates the parabolic run it recorded in 2023.Β 

PEPE Price Could Sustain Bullish Momentum If It Holds This Level

In an X post, Morja stated that a weekly candle close above the red level at $0.000005853 for the PEPE price would confirm a successful retest and reinforce the bullish movement. He further remarked that as long as the price holds above this level, upside continuation remains favored.Β 

However, the analyst warned that on the way toward $0.000010867, a key resistance is located around $0.0000083, which may act as a significant reaction zone before any further upside continuation. Meanwhile, crypto analyst StudyE has painted a scenario in which the PEPE price goes parabolic, replicating its historic 2023 run.Β 

PEPE

The crypto analyst stated that this would happen if the PEPE price pumps into the January 15 to February 15 window. He further explained that the meme coin needs to be at the unfinished monthly candle in that time window in order to invalidate this. An invalidation would send PEPE higher first, and then the bottom would be in. If that doesn’t happen, it may have one more hurdle to overcome.Β 

StudyE stated that no matter the path the PEPE price takes, it would lead to the same outcome and timeframe. Based on this, he declared that the fourth quarter of this year will be parabolic, regardless of what happens. It is worth mentioning that PEPE has been one of the best-performing crypto assets to start the new year, with the meme coin up over 30% year-to-date (YTD).Β 

PEPE Eyes Rally To $0.00000728 In The Short Term

Crypto analyst CryptoLinx has predicted that the PEPE price could rally to $0.00000728 in the short term. The analyst noted that PEPE is breaking out of the downward channel right now and that the target for this pattern is a move back to the previous high. This is a level that the meme coin had reached at the beginning of the year, when it rallied by as much as 80%.Β 

In the long term, crypto analyst Eco Nomad stated that the PEPE price will rally to $0.00001, which is the midpoint of the Gaussian channel. If the meme coin breaks that level, he is confident that it could trade within the 4 zeros, having deleted one zero in the process.Β 

At the time of writing, the PEPE price is trading at around $0.000006670, up almost 14% in the last 24 hours, according to data from CoinMarketCap.

PEPE

Why XRP Is Gearing Up For A Massive Week

Crypto pundit Bird has highlighted why this week could be a massive one for XRP. This comes as market investors keep an eye on key macro events such as the U.S. CPI and also the upcoming CLARITY ActΒ markup.Β 

Why This Is A Massive Week For XRP

In an X post, Bird stated that this is a massive week as the Russell 2000 has rallied to new all-time highs (ATHs). He explained that every previous time that this has happened, XRP has gone on to record a major run. The analyst also alluded to macro data dropping this week, which could also impact the XRP price.

Bird noted that the CPI and PPI inflation data, which drops this week, always injects volatility into the crypto market. The crypto pundit also stated that the long-awaited markup of the market structure bill (CLARITY Act) is scheduled for this Thursday. This is significant because the legislation could provide legal clarity for XRP and other crypto assets.Β 

The pundit remarked that the charts and macro are aligning for XRP. He predicted that if these developments push the altcoin above $2.70, it could quickly rally to a new all-time high (ATH). Bird asserted that if this doesn’t happen, then the market is likely manipulated, as he believes that XRP and the broader crypto market should be recording significant gains right now.Β 

It is worth noting that XRP rallied to as high as $2.3 at the start of the year but has since lost most of those gains, though the altcoin is still up over 10% year-to-date (YTD). XRP could be one of the crypto assets that benefits most from the passage of the CLARITY Act, as it would boost Ripple’s operations, which could in turn drive more adoption for XRP.Β 

XRP Could Rally To $2.26 From Here

Crypto analyst CasiTrades has predicted that XRP could rally to $2.26 from its current level. In an X post, she stated that she expects the altcoin to reach this level to complete a subwave 2 and that the next wave up is critical. The analyst warned that if the price action stays corrective, then there could be a sharp rejection that sends the altcoin into a subwave 3 down. XRP could break the .5 support in the process and target the $1.65 macro support.Β 

XRP

However, if XRP’s bounce has the strength to break above $2.41 and flip it into support, this could invalidate the scenario down to $1.65. CasiTrades remarked that this is the key decision in the market, even as market participants keep an eye on the macro fundamentals.Β 

Related Reading: Analyst Breaks Down Why Investors will Make More Money With XRP Than Bitcoin

At the time of writing, the XRP price is trading at around $2.06, down in the last 24 hours, according to data from CoinMarketCap.

XRP

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