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13,620,000,000,000 Shiba Inu Open Interest Sets Bulls on Fire
Crypto Trends

13,620,000,000,000 Shiba Inu Open Interest Sets Bulls on Fire

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Shiba Inu (SHIB) has registered a 10.15% surge in open interest in the last 24 hours, setting bulls on fire. The double-digit rise in the open interest metric suggests that some SHIB holders are speculating on a possible price rally in the coming days.

SHIB trading volume soars as whales accumulate

As per CoinGlass data, a total of $13.62 trillion SHIB worth $189.04 million has been committed to the futures derivatives market.

Notably, open interest represents the total number of outstanding derivatives contracts for SHIB. With the current surge, investors of the dog-themed meme coin are looking forward to price gains.

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As of this writing, Shiba Inu is changing hands at $0.00001321, which represents a 9.68% increase in the last 24 hours. The meme coin had earlier traded as high as $0.00001348 before a slight correction amid market volatility.

The Shiba Inu community is very bullish at the moment as trading volume soared by a staggering 207.08% to $459.13 million. Shiba Inu’s ability to clear the $0.00001320 resistance level is seen as a very significant move for the asset.

Ecosystem whales have also been busy in a move that suggests strategic buying. There has been a massive accumulation of billions of SHIB as whales withdrew the asset from Coinbase.

Despite death cross, SHIB bulls dominate open interest

The current increase in open interest is coming just days after a death cross was confirmed on SHIB. Despite the weakening market signal, which suggested a possible increase in selling pressure, the meme coin has been able to overcome the bearish moment.

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Investors have defied the signals to support the asset. Interestingly, the majority of these traders are on the Gate exchange. These accounted for 48% of the total open interest, committing 7 trillion SHIB worth $92.56 million.

Bitget, OKX and MEXC traders also contributed significantly with figures at 2.58 trillion SHIB, 1.34 trillion SHIB and 1.34 trillion SHIB, respectively.



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'BNB Microstrategy' faces imminent Nasdaq delisting as price falls below threshold
Crypto Trends

New All-Time High $864 as Bulls Target $1,000

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BNB price has reached a new all-time high near $890, showcasing strong momentum as bulls position for further upside toward the $900–$1,000 range. With technical support intact, BNB continues to demonstrate its strength among top-performing altcoins.

Summary

  • BNB reaches new all-time high near $864, demonstrating exceptional bullish momentum.
  • Bulls eye immediate targets in the $900-$1,000 range following the ATH breakout.
  • Technical support from 200-week MA remains intact, maintaining bullish structure.

Binance (BNB) has been one of the strongest trending altcoins in recent weeks, establishing a solid bullish structure on the weekly chart. After reclaiming the range-high resistance and confirming multiple weekly closes above it, the market has signaled acceptance at higher levels. This development highlights both momentum and structural strength, placing BNB in a favorable position for further upside.

Key Technical Points

  • Range High Reclaim: Multiple weekly closes above confirm bullish acceptance and momentum.
  • Fibonacci Extensions: First target at $790, with $1,141 as the next high-time frame projection.
  • 200-Week Moving Average: Continues to provide dynamic support during retests, maintaining bullish higher-low structure.

BNBUSDT (1W) Chart, Source: TradingView

The first major resistance zone currently sits around $790, where BNB has shown respect to the initial Fibonacci extension target. A decisive reclaim of this level would significantly increase the probability of continuation higher, opening the path toward the next Fibonacci extension at $1,141. This level serves as a longer-term bullish target and represents a key area where the market could look to establish new highs.

The 200-week moving average has also been a crucial technical factor in BNB’s recent strength. Price has respected this dynamic support on multiple occasions, each time reinforcing the broader bullish trend. As long as BNB maintains higher lows above this average, the long-term structure remains strongly in favor of buyers.

Volume analysis provides another layer of insight. While overall volume has declined slightly during the current consolidation phase, this is not unusual in extended uptrends. Consolidations above reclaimed resistance often lead to renewed inflows as buyers gain confidence. A breakout above $790 accompanied by rising volume would serve as confirmation that momentum is accelerating again.

From a broader perspective, BNB’s market structure continues to show textbook bullish behavior. Weekly price action has been marked by consecutive higher highs and higher lows, a defining feature of a strong trend. With both structural and technical confluences aligning, the probability of further upside remains high as long as key supports are respected.

What to expect in the coming price action

BNB is likely to consolidate further above the reclaimed range high before making its next decisive move. A clean breakout above $890 over the coming days would open the door to $1,141, the next Fibonacci extension target.

As long as the 200-week moving average holds as support, the bullish uptrend remains intact. Traders should watch for an uptick in volume during breakouts, as this will confirm the strength behind BNB’s next leg higher.



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Shiba Inu Bulls Defend Dual Support With 1T Volume
GameFi Guides

Shiba Inu Bulls Defend Dual Support With 1T Volume

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Shiba Inu

has gained over 2% in the past 24 hours, with bulls defending key support levels on the back of strong volumes.

The meme cryptocurrency fell early Wednesday as BTC and the broader market witnessed de-risking ahead of Fed Chair Jerome Powell’s impending speech.

Buyers, however, stepped in closer to the $0.00001200 level, ensuring that the psychological support was maintained. The subsequent recovery also lifted prices back above the ascending trendline connecting June 22 and Aug. 2 lows, and the key level of $0.00001231, which is the 61.8% Fibonacci retracement of the June-July rally.

SHIB. (TradingView)

Bulls fuel SHIB comeback

SHIB shakes off volatility, powers from $0.000012295 to $0.000012574 close on heavy bullish flow. Token holds critical support, smashes through resistance barriers. Next target: $0.000012700 psychological level.

According to CoinDesk’s AI technical insights model, $0.000012700 is the next level to beat for the bulls.

Technical data points to a bullish breakout

  • SHIB traded within a $0.000012089-$0.000012705 range, which represents a 5% spread between session extremes.
  • Institutional interest peaked between 13:00 and 14:00, andvolume surged past 1 trillion tokens.
  • The price held above $0.000012250, confirming a strong demand floor.
  • Mid-session selling pressure at 13:00 failed to crack $0.000012089 support.
  • Resistance at $0.000012600 was penetrated, triggering a volume surge to 12.8 billion tokens.
CD20 Index Holds Steady Amid Token Volatility

CD20 maintained range-bound trading as SHIB volatility spiked. The Index reflected institutional selectivity across major crypto holdings, with the broader market confidence persisting despite individual token swings and near-term uncertainty.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Shaurya Malwa
Crypto Trends

Dogecoin Bulls Defend 16 Cent Support Amid Elon Musk’s X Payments Speculation

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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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Cardano (ADA) Price Skyrockets 10% as Bulls Regain Control
Crypto Trends

Cardano (ADA) Price Skyrockets 10% as Bulls Regain Control

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Cardano (ADA) is witnessing a significant rebound as bulls in the ecosystem appear determined to push the asset to reclaim lost gains. According to CoinMarketCap data, the price of ADA has spiked by 10% in the last 24 hours as traders are actively buying the coin.

Key resistance at $0.60 as Cardano investors eye $1

Notably, ADA’s value climbed from a low of $0.5308 to a peak of $0.5932 as transactions intensified. As of press time, investors have pulled back, leading to a slight drop in the value of Cardano on the crypto market.

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Cardano now exchanges at $0.5813, representing a 6.01% increase. However, trading volume is still up by double digits at 11.92%, translating to $1.17 billion in fiat currency.

Cardano Daily Price Chart | Source: CoinMarketCap

This development suggests that investors actively transact the coin in anticipation of further positive price movements. ADA’s technical charts signal that it has the potential to reach higher levels if supported by ecosystem bulls.

Cardano has been trapped in consolidation for the last couple of days, with the $0.52 level as crucial support. With this recovery, ADA must breach the $0.60 resistance level to confirm a bullish trend.

The coin could record explosive growth if Cardano bulls can push ADA and sustain its value above $0.70. If the broader crypto market is bullish, it will likely retest the psychological $1 level, which it last hit in February 2025.

Cardano Lace Wallet integration of Bitcoin sparks optimism

Meanwhile, positive developments that could further drive adoption have been rolled out in the Cardano ecosystem. According to Charles Hoskinson, Cardano founder, Lace Wallet has fully integrated Bitcoin on the mainnet and is now live.

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There are also expectations that more notable assets like XRP might be next for integration. As users anticipate what comes next, integrating Bitcoin to Lace 1.24 might support bulls in driving Cardano’s value toward the elusive $1 mark.



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Shaurya Malwa
Crypto Trends

Dogecoin Surges 7% as Bulls Break Key Resistance

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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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Dogecoin (DOGE) Bulls Disappear
GameFi Guides

Dogecoin (DOGE) Bulls Disappear

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Dogecoin (DOGE) has officially dipped into oversold territory, but so far, the market isn’t showing any signs of a bullish response. The daily RSI just dipped below the 30 mark, landing at 29.36 as of June 21, 2025. This usually indicates a technical “oversold” condition, which is a level where assets often attract investors looking to buy at dips.

But unlike in early March, when a similar RSI print triggered a solid 18% surge, this time around, DOGE bulls are nowhere to be seen.

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The price is currently at $0.1549, just below the day’s low, and the overall structure doesn’t show any signs of a reversal yet. The last time RSI dipped this low, DOGE’s price was at rock bottom near $0.12 before recovering.

What’s the difference then? After the move, there was a supportive RSI divergence and pickup in volume. At the moment, neither is there. The volume is staying the same, and the price is still going down.

Source: TradingView

Another worrying sign is the lack of any significant support breakout. Back in March, RSI’s push off the floor lined up with consolidation candles on the chart and a bullish RSI cross. This time, the RSI signal line (red) is still dominant, and the downward slope doesn’t look like it’s flattened yet.

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There’s also the bigger picture to think about. DOGE has been on a slow downward slide since early June, dropping over 40% from its local highs above $0.26. The short-term bounces haven’t lasted, and every support level we’ve tested has eventually broken. Unless that changes, this oversold print may just be another signal ignored by a market still lacking conviction.

To sum it up, DOGE is oversold technically, but the market isn’t responding the way the bulls would’ve hoped.

We’ll have to wait for stronger reversal signals, like volume spikes, pattern breaks, or divergence plays, before we can say for sure that this is more of a warning flag than a bounce trigger.



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NewGenIvf to invest $30m in Solana staking strategy
NFT Gaming

breakout likely if bulls step in

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Solana is sitting on a critical support level following a period of muted volatility and sideways consolidation. With multiple technical confluences now in play, the market appears primed for a decisive breakout,or breakdown. The current structure suggests that price is coiling, and the next move could mark a major directional shift.

Solana (SOL) has shown signs of hesitation, yet the support zone continues to hold firm. This combination often precedes a volatility expansion, and Solana is approaching that inflection point. Traders should be watching closely, as the resolution of this range will offer clarity on the next trend direction.

Key technical points,

  • VWAP Support: The VWAP anchored from the cycle low is acting as dynamic support under current price action.
  • 143 Daily Support: A high time frame level that has repeatedly held, providing strong market structure.
  • Swing Low Structure: Price is respecting a cluster of key swing lows, forming a significant demand area

SOLUSDT (4H), Source: Trading view.

From a technical standpoint, Solana’s current chart positioning is notable. The anchored VWAP from the cycle low is sitting directly below current price and aligns with the 143 daily support level, creating a strong confluence zone. Additionally, multiple prior swing lows form a local demand cluster, suggesting this area has attracted buyers in the past.

Despite this, price remains in no man’s land. Solana has not demonstrated impulsive follow-through in either direction. A decisive breakout above the current range highs could spark a run toward the next major resistance near the $170 region. Conversely, a failure to hold this support could trigger a liquidity sweep below, exposing the asset to a deeper pullback before any recovery attempt.

It’s also worth noting the lack of volume accompanying recent moves. Without meaningful participation, any breakout risks becoming a false move or weak trend extension. Traders should exercise caution and wait for confirmation through volume expansion and structural breaks before committing to directional setups.

What to expect in the coming price action

As long as Solana holds above this high-confluence support zone, the probability of a bounce remains slightly elevated. However, in the absence of a strong reaction or breakout, the range may persist. A breakdown below this level would shift bias to the downside, targeting lower support zones. The next few sessions are critical, stay patient and let the chart confirm the move.



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Bitcoin Exchange Activity Slumps As Retail Stays On Sidelines - Will Bulls Lose Momentum?
GameFi Guides

Bitcoin Exchange Activity Slumps As Retail Stays On Sidelines – Will Bulls Lose Momentum?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

While Bitcoin (BTC) continues to trade near its all-time highs (ATHs), trading volume on major exchanges has sharply declined in recent months. This downturn has raised concerns about the sustainability of the current rally.

Bitcoin Trading Volume On Exchanges Slumps

In a recent CryptoQuant Quicktake post, contributor caueconomy highlighted the significant drop in BTC trading volume across top cryptocurrency exchanges. Notably, trading volumes have reached multi-year lows, reflecting a reduced appetite for trading – particularly among retail investors.

Source: CryptoQuant

The analyst partly attributed the decline in trading volume to the growing share of spot Bitcoin exchange-traded funds (ETFs) in overall BTC trading activity. According to data from SoSoValue, approximately $132.5 billion worth of BTC is now held by US spot ETFs.

Additionally, caueconomy pointed to waning interest in altcoins as another contributing factor. This trend is evident in the declining Ethereum (ETH)/BTC ratio and the subsequent rise in BTC dominance.

Source: ETHBTC on TradingView.com

On a more constructive note, the ongoing decline in BTC trading volume does not appear to coincide with a period of market euphoria. This suggests that the current momentum is largely being driven by strategic capital allocators rather than inexperienced speculators.

The analyst concluded that monitoring any spikes in trading volume will be critical, as renewed demand often signals the approach of a local market top. At present, BTC is trading roughly 6.4% below its all-time high.

Amid the current sideways price action, some analysts are still waiting for a definitive directional breakout. For example, renowned analyst Titan of Crypto identified $109,000 as a crucial resistance level. They stated:

BTC needs to break above the last Lagging Span peak to unlock further upside. A rejection wouldn’t invalidate the trend as strong confluence support remains around $100,000. We’re not there yet.

Source: Titan of Crypto on X

Similarly, crypto analyst Merlijn The Trader noted that BTC is forming a bullish inverted head-and-shoulders pattern on the 3-day chart, with a neckline around $113,000. A breakout above this level could pave the way for a new ATH near $140,000.

Source: Merlijn The Trader on X

Some Warning Signs For BTC

While many experts predict BTC to benefit from rising global liquidity – especially the increase in global M2 money supply – others are not as optimistic. Seasoned crypto analyst Ali Martinez recently warned that Tom Demark’s (TD) sequential indicator has flashed a sell signal on the hourly BTC chart.

Further, Binance open interest recently recorded a divergence from BTC price, signalling caution. The Bitcoin RCV indicator has also moved out of the “buy” zone, raising fears of a price pullback. At press time, BTC trades at $104,292, down 3% in the past 24 hours.

BTC trades at $104,292 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant, X, and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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DOGE Bulls Watch This Price Pattern
NFT Gaming

DOGE Bulls Watch This Price Pattern

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Dogecoin (DOGE) is on the brink. Ali Martinez just shared some latest chart analysis, and it looks like the meme coin is currently testing the lower boundary of a symmetrical triangle pattern. This formation has been developing since early February.

The focal level is $0.168. If DOGE goes below that, it could drop by as much as 30%, with price targets as low as $0.12 or even $0.093 based on Fibonacci extension levels.

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After reaching around $0.44 earlier in the year, Dogecoin has been on a bit of a downslide, moving within a pretty tight range. The latest prices show DOGE trading at around $0.175, just above the triangle’s lower trend line and the important 78.6% Fibonacci retracement level at $0.181.

Why does $0.168 matter so much? That’s the final buffer before price enters what many technical traders call a “void zone” — a price area with little historical support.

If bears push DOGE below this floor, downside momentum could speed up quickly, as previous bids are sparse until the $0.13 to $0.12 region. Look at the numbers in more detail, you’ll see that there’s a chance of $0.093 and even $0.078.

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If DOGE can hold and bounce, the $0.205 and $0.237 resistance levels become key points to watch. Meanwhile, the bullish trend is likely not to continue unless DOGE breaks above the triangle’s upper boundary, which has been stopping it from climbing.

Dogecoin has been finding it tough to get back on track, even as the rest of the crypto markets try to bounce back. With low volatility and thinning volume, the next move could be sudden and decisive.



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