Can Shiba Inu (SHIB) Price Hit $0.00003 Level!

The post Can Shiba Inu (SHIB) Price Hit $0.00003 Level! appeared first on Coinpedia Fintech News The Shiba Inu community has been watching SHIB’s price move up and down recently, mainly due to global tensions like the Iran-Israel conflict. But even with all the uncertainty, SHIB has jumped 9%, sparking a big question among holders: Can SHIB really hit $0.00003? According to crypto analyst Jonathan Carter, this target is not unrealistic, especially considering the growing market interest and increasing token burn rates. What’s Driving Optimism? One major reason for the growing hope is the bullish sentiment in the altcoin market. With Bitcoin recovering and now holding steady above $105K, many altcoins, including SHIB, have gained almost 10%. SHIB’s strong community also plays a big part in keeping the momentum alive. Another strong factor is Shiba Inu’s impressive token burn activity. In the last 24 hours alone, SHIB’s burn rate surged by 582%, removing over 16.7 million tokens from circulation. This shrinking supply could lead to more upward pressure on price. Technical Pattern Hints 3X Gain for Shib Reaching the $0.00003 mark won’t happen overnight. According to analyst Jonathan Carter, Shiba Inu needs to follow a few key steps to hit that target. As of now, SHIB is trading around $0.00001170 , showing a 9% increase in the last 24 hours. On the daily chart, Carter notes that SHIB is forming a descending channel pattern. After falling from the upper resistance line, the price is now testing a key midline support zone. #SHIB Shiba Inu is forming a descending channel pattern on the daily timeframe The price has declined from the upper border and is now retesting the midline support zone A sustained bounce from this zone could drive the price toward targets at $0.00001250, $0.00001500,… pic.twitter.com/Zwtpqlm26V — Jonathan Carter (@JohncyCrypto) June 23, 2025 If SHIB manages to hold and bounce from this zone, Carter suggests it could climb to $0.00001250 first — and from there, a strong momentum push might carry it past $0.00003. This would be nearly a 3x move from current levels, which is why many see this as a major bullish setup, especially with SHIB continuing to hold key technical zones. Whale Activity Signals Confidence Backing this technical optimism is some massive on-chain activity. Data from IntoTheBlock shows that large Shiba Inu holders, wallets owning between 10 trillion and 100 trillion SHIB, went on a major buying spree. These whales purchased an eye-popping 10.4 trillion SHIB tokens in a single day, worth about $114 million. That makes it the biggest daily accumulation SHIB has seen in the last five months, and the second-largest for all of 2025 so far. What’s Next for SHIB? If momentum builds and retail investors follow the whales, SHIB could enter a new bullish phase. A confirmed breakout from the descending channel might be the green light needed for that push toward $0.00003.

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China’s Nano Labs Targets $1 Billion in BNB With $500M Raise via Convertible Notes

China-based Web3 infrastructure firm Nano Labs has entered into a $500 million convertible note agreement as part of a broader strategy to accumulate Binance Coin (BNB) holdings worth up to $1 billion. Key Takeaways: Nano Labs has signed a $500 million convertible note deal to begin accumulating BNB. The deal’s completion is not guaranteed and depends on standard closing conditions. The company aims to eventually hold 5–10% of BNB’s circulating supply as part of a broader digital asset strategy. In a Tuesday press release , the company announced that it has signed a convertible promissory notes purchase agreement with several unnamed investors. The notes mature in 360 days and carry no interest. Investors will have the option to convert the debt into Nano Labs’ Class A ordinary shares at a fixed price of $20 per share, subject to adjustment. The notes are unsecured and repayment is due unless converted before maturity. Deal Closing Still Uncertain Amid Pending Conditions Nano Labs said the closing of the agreement remains contingent on customary conditions and cautioned that there is no certainty the transaction will be completed in full. The capital raise marks a major step in the company’s effort to deepen its exposure to digital assets. In particular, Nano Labs plans to conduct a comprehensive evaluation of BNB’s utility, network security, and long-term value. It intends to use the proceeds to acquire BNB through a mix of convertible notes and private placements. According to the announcement, Nano Labs ultimately aims to hold between 5% and 10% of BNB’s total circulating supply, a significant target that would position the company among the largest known holders of the token outside of Binance itself. Announcement #NanoLabs has entered into a $500M convertible notes purchase agreement to launch our $BNB Strategic Reserve. $NA https://t.co/bj4nbzDUrq pic.twitter.com/i3ezU3MrcV — Nano Labs (@NanoLabsLtd) June 24, 2025 While no timeline was given for the full BNB accumulation plan, the company indicated that the current financing represents only the first stage of a larger digital asset strategy. Nano Labs operates in China’s growing Web3 sector, providing blockchain infrastructure and product solutions. The move by Nano Labs comes amid rising institutional interest in specific altcoins. Just recently, Interactive Strength, a Nasdaq-listed fitness tech firm, announced plans to raise $500 million to create a Fetch.ai token treasury, suggesting that selective altcoin bets still hold appeal. Blockstream CEO Declares Altcoin Season Over, Urges Shift to Bitcoin Treasuries Despite the rising interest in altcoin treasuries, Blockstream CEO Adam Back believes the era of altcoin speculation has ended, advising investors to rotate into Bitcoin or Bitcoin treasury stocks instead. In a recent post on X, he stated, “TSRY SZN is the new ALT SZN,” signaling a shift in sentiment as BTC-focused companies gain traction. Back’s comments align with growing institutional interest in Bitcoin. According to BitcoinTreasuries.NET, over 240 public companies now hold BTC, nearly double from earlier this month, collectively owning close to 4% of the total Bitcoin supply. The momentum behind corporate Bitcoin adoption continues to grow. On June 12, Nasdaq-listed Mercurity Fintech Holding announced an $800 million raise to establish a long-term Bitcoin reserve. Days earlier, France-based Blockchain Group revealed plans to raise $340 million for a similar move. The post China’s Nano Labs Targets $1 Billion in BNB With $500M Raise via Convertible Notes appeared first on Cryptonews .

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Dow Jones, major indices up amid delicate Iran-Israel ceasefire

The Dow Jones Industrial Average, S&P 500, and Nasdaq all opened in the green on Tuesday, June 24, as Wall Street weighed the strength of the Israeli-Iran ceasefire. The Dow opened 280 points, or 0.6% higher, while the S&P 500 gained 0.7%. Meanwhile, the Nasdaq Composite rose 1%. Notably, stocks had closed higher on Monday after President Donald Trump announced that Israel and Iran had agreed to a ceasefire to end what he described as a “12-day war.” This pause in hostilities, taken as a sign of easing tensions, propelled risk assets higher, including crypto . Bitcoin ( BTC ) reclaimed $105k as a cheery market responded. Elsewhere, oil prices dipped. You might also like: Dow Jones flat amid muted reaction to U.S. strikes on Iran nuclear sites Israel, Iran violate ceasefire Market sentiment has already signaled a bullish outlook in relation to a ceasefire and end to the war. However, jitters remain and the gains are not wild. On the concerns list for most traders is the Middle East situation. Israel-Iran remains top of investors’ factors to consider because Israel accused Tehran of violating the ceasefire, vowing a major response. President Trump nonetheless has strongly urged Israel to “not drop the bombs” and to bring its pilots home. “ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!’ Trump wrote on Truth Social. Investors may be cautious amid this unfolding Israel-Iran situation, with prospects of an end to hostilities likely to catalyze gains. Fresh triggers to the conflict, including counter-attacks or U.S. re-entry would spook investors. “The United States is right to put pressure on both sides to comply with the ceasefire,” Michèle Flournoy, former Under Secretary of Defense, told CNBC in an interview . Flournoy however says the conflict is “far from over.” What else are investors watching? Beyond geopolitical tensions, markets are also watching macroeconomic indicators, especially upcoming tariff negotiation deadlines and potential shifts in interest rates. Positive developments on either front could provide fresh momentum for equities. This week, attention turns to Federal Reserve Chairman Jerome Powell, who is scheduled to speak Wednesday before the Senate Banking Committee. With the Fed under pressure , Powell’s remarks will be closely parsed for signals on future policy direction. You might also like: Circle stock faces pressure as rate cuts, lock-up expiry loom

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Merlin Chain Launches BTC Staking with Up to 21% Yield, Ushering Bitcoin into PoS Era

Merlin Chain, a prominent Bitcoin Layer2 network, has officially launched its BTC staking feature, enabling users to engage in the Proof-of-Stake (PoS) mechanism using Bitcoin. This strategic development offers an

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The Smarter Web Company’s Bitcoin Accumulation Signals Growing Corporate Interest in Digital Assets

The Smarter Web Company (SWC) has significantly expanded its Bitcoin holdings, acquiring an additional 196.9 BTC at an average price of $103,290, signaling strong corporate confidence in digital assets. This

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The smartest way to earn money in 2025: Choose AIXA Miner—— a reliable cloud mining platform!

Easy to make money, from choosing the right platform In this era when everyone is talking about “making money”, are you also thinking: in 2025, how can you let your money increase in value, but do not have to bear too high a risk? Traditional investment channels have limited returns, stock market shocks, high threshold of real estate, while the digital currency market has long become the main field of the new generation of wealth growth. Today, we formally recommend you an AI cloud mining platform - AIXA Miner, which is favored by global users. Why is it more important than ever to make money? In the past, you might consider depositing $10,000 in a bank, buying funds, or buying stocks. But the reality is clear: deposit interest cannot keep up with inflation, fund trends are slow, and stock market fluctuations are tiring. The opportunities for digital currencies have just begun. Bitcoin, Ethereum, Dogecoin and other mainstream currencies have steadily developed based on blockchain technology and have long become globally recognized high-quality asset allocation options. But the question is: How can ordinary people participate? How to buy? How to buy safely? How to buy without worry? The answer is: cloud mining. AIXA Miner ——Help you use "AI cloud mining" to achieve real automatic money making AIXA Miner is designed for people who want stable income and low-risk participation in digital currency. No need to buy mining machines, no need to worry about maintenance, no need to worry about market fluctuations, AIXA Miner uses AI algorithms to automatically match the best mining pool for you, the machine runs automatically around the clock, and settles the income every day. Register and get $20 cloud computing power experience gold, 0 cost trial No hardware, no technical threshold, novices can easily make money You only need to do one thing: register an account, choose a suitable mining plan, and leave the rest to AI. Why choose AIXA Miner? (2025 comprehensive technology innovation) Daily income received All mining income is automatically settled 24 hours a day, supporting mainstream currencies such as BTC, DOGE, ETH and many other cryptocurrencies, with fast capital flow and no need to wait for a long time. Principal Protection The principal will be fully returned after the contract expires, with double protection of profit + principal, which means you can earn profit while protecting the principal. Flexible contract options Ranging from 1 day to 30 days, it supports a variety of mining machine configurations. Whether you want to invest for a trial or hold for the long term, it can flexibly adapt to your needs. Multi-currency support Support Bitcoin BTC, Ether ETH, Litecoin LTC, Dogcoin DOGE, Coin BNB and many other cryptocurrencies, diversify the risk, and more stable returns. AI intelligent matching mining pool Using intelligent algorithms, it automatically matches the best mining pool for you, dynamically adjusts the computing power in real time, helps you seize every profit opportunity, and truly realizes "the machine automatically helps you make money. Green Energy Environmental Protection Fully adopting 100% renewable green energy, you can make money while also contributing to environmental protection. Investment is not only profitable, but also meaningful. FinCEN Certification & Encryption Technology AIXA Miner has obtained the US FinCEN registered MSB license and adopts McAfee® + Cloudflare® dual data encryption and security protection system to ensure the safety of user assets. How to make money with $10,000? Don't be superstitious about "traditional investment" anymore, cloud mining is the new trend. Stop putting your money in the bank or speculating in stocks, let artificial intelligence work for you, it is the smartest way to make money in 2025. In AIXA Miner, you only need to choose the computing power contract that suits you, the system automatically matches the best mining pool, and the income is automatically settled 24 hours a day, truly realizing the intelligent closed loop of "funds = machine = income". Whether it is a small experience of $100 or an advanced investment of $10,000, AIXA Miner provides flexible and diverse contract cycles, from 1-day trial to 30-day long-term plan, so that you can achieve stable daily passive income. The following chart illustrates the ROI of various AIXA Miner contracts: Contract Amount Contract duration Daily Profit Total Profit ROI $100 2 days $4.00 $8.00 8.00% $500 3 days $6.90 $20.7 4.14% $1300 5 days $1300 $92.95 7.15% $2800 8 Days $41.44 $331.52 11.84% $5200 15 days $83.72 $1255.8 24.15% $11000 20 Days $206.80 $4136 37.60% In addition to choosing mining contracts to obtain stable income, you can also open another easy and efficient income channel by joining AIXA Miner's affiliate program. Share link: send your exclusive referral link to friends, communities or fans, and users who register through your link will become your subordinate referrals. Earn commission: you can get 5% commission for each investment you directly recommend. Multi-level referral rewards: up to 8% commission. (1st level referral 5% commission + 2nd level referral 2% commission + 3rd level referral 1% commission) This mining + promotion dual-track income model, you can easily achieve additional income without additional investment, making digital assets grow more efficiently. Easy four steps to start automatic money-making mode: 1. Visit aixaminer.com and register quickly 2. Get $20 computing power for free , zero risk experience 3.Select a contract and start earning a stable income every day 4.Check your income every day and easily realize asset appreciation! Don't miss the smart money making opportunity in 2025! AIXA Miner provides you with a safe and compliant smart cloud mining solution that makes it easy for everyone to enjoy the dividends of wealth. Register now and get $20 cloud mining computing power for free! From "watching others make money" to "you make money".Company address: 5800 S Quebec St, Greenwood Village, CO 80111, US Company email: info@aixaminer.com Official website: www.aixaminer.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Bitcoin Price Near $104,000 Reflects Technical Resistance Amid Unverified Trump-Iran Peace Claims

Recent claims linking Bitcoin’s price surge to a purported peace call between President Trump and Iran remain unverified and lack official confirmation. Market analysis indicates that Bitcoin’s price movements are

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Bitcoin nears 31% of portfolios as institutions rotate out of Solana: Bybit

Bitcoin’s share of investor holdings has steadily climbed through months of volatility, now nearing 31%. XRP is riding ETF optimism to a portfolio comeback, while Solana’s narrative has cooled, and so has its weight in user wallets. According to Bybit’s latest report on crypto holders’ asset allocation, Bitcoin ( BTC ) now accounts for 30.95% of investor portfolios, up from 25.4% in November 2024 and marking its highest concentration since the exchange began tracking the metric. The surge comes despite turbulent price action earlier this year, underscoring Bitcoin’s role as the market’s bedrock asset. Meanwhile, Ripple ( XRP ) has quietly claimed the third-largest spot among non-stablecoin holdings, overtaking Solana ( SOL ) as market participants position for a potential SEC-approved exchange-traded fund. SOL, once a darling of the altcoin rally, has seen its allocation plummet by 35% since last October. You might also like: Circle stock faces pressure as rate cuts, lock-up expiry loom Behind the shift: what’s driving the allocation toward BTC and XRP? The jump in BTC allocation reflects a deliberate pivot, particularly from institutional desks—toward perceived resilience. Bybit’s report shows institutions now hold Bitcoin at nearly 3x the concentration of retail investors, with BTC making up roughly 40% of their portfolios compared to retail’s 11.64%. This divergence highlights Bitcoin’s dual role: a speculative asset for retail investors and a macro hedge for institutions. The resilience is even more notable when paired with Ethereum’s underperformance. Despite ETH’s May rebound, investors still hold $4 in BTC for every $1 in ETH—a ratio that has remained largely unchanged since late 2024. XRP’s rise appears less driven by momentum trading and more by positioning. XRP holdings doubled from 1.29% to 2.42% since November 2024, as both retail and institutional investors anticipate regulatory clarity. Bybit flags XRP as the third-largest non-stablecoin holding as of May 2025, surpassing Solana, whose allocation collapsed during the same period. With a 90% probability of spot ETF approval priced in on Polymarket, XRP has become a speculative proxy for upcoming institutional access. The capital rotation away from SOL and into XRP reflects this dynamic. Institutions appear to be front-running the SEC, wagering that Ripple’s legal clarity offers a strategic edge over Solana’s less defined regulatory standing. Beyond Bitcoin and XRP, capital is consolidating into a narrow set of majors. Ethereum, while still trailing its November peak of 11.12%, saw its allocation more than double in May from an April low of 3.89%. Read more: NAVI Protocol and OKX launch $700 xBTC lending campaign on Sui

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Bitcoin’s $105K move explained – Here’s why it was expected

Bitcoin rebounds above $105K as retail inflows and $2B in stablecoins fuel bullish momentum.

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Unlocking Opportunity: Crypto Fear & Greed Index Soars into Greed Zone

BitcoinWorld Unlocking Opportunity: Crypto Fear & Greed Index Soars into Greed Zone The cryptocurrency market is abuzz with a significant shift in investor psychology. The Crypto Fear & Greed Index , a widely watched barometer of market sentiment, has surged to 65, firmly planting itself in the ‘Greed’ zone. This notable jump from the ‘Neutral’ territory, marking an 18-point increase in just a day, suggests a palpable change in the collective mood of crypto participants. But what exactly does this mean for your portfolio and how should you interpret this surge in crypto market sentiment ? What Exactly is the Crypto Fear & Greed Index? At its core, the Crypto Fear & Greed Index, provided by software development platform Alternative, is designed to distill complex market emotions into a simple, understandable score. Ranging from 0 to 100, where 0 signifies ‘Extreme Fear’ and 100 represents ‘Extreme Greed,’ this index acts as a crucial indicator for traders and investors alike. It aims to provide a snapshot of whether the market is overly fearful (a potential buying opportunity) or excessively greedy (a possible sign of an impending correction). The philosophy behind the index is rooted in the belief that extreme fear can lead to irrational selling, while extreme greed can foster irrational exuberance and ‘FOMO’ (Fear Of Missing Out), often preceding market corrections. By understanding this pendulum swing, investors can potentially make more informed decisions, counteracting their own emotional biases. How is This Crucial Index Calculated? The Crypto Fear & Greed Index isn’t just a random number; it’s a weighted average of several key market factors. Each component contributes to the final score, painting a holistic picture of the market’s emotional state. Understanding these components is vital to appreciating the index’s insights, especially when navigating the current greed zone crypto environment. Here’s a breakdown of the six factors that contribute to the index: Volatility (25%): This measures the current volatility and maximum drawdowns of Bitcoin, comparing it with corresponding average values of the last 30 and 90 days. Higher volatility often indicates a fearful or uncertain market. Market Momentum/Volume (25%): This component assesses the current volume and market momentum, particularly for Bitcoin. High buying volumes in a bullish market can signal strong investor interest and momentum. Social Media (15%): The index analyzes cryptocurrency-related hashtags and keywords on various social media platforms. It looks for the frequency of mentions and sentiment, with high interaction rates often indicating growing public interest and potential ‘FOMO.’ Surveys (15%): While currently paused, this factor traditionally involved weekly polls to gauge investor sentiment directly. It provided a direct insight into how people felt about the market’s direction. Bitcoin Dominance (10%): This measures Bitcoin’s share of the total cryptocurrency market capitalization. A rising Bitcoin dominance can indicate a flight to safety (investors preferring BTC over altcoins), while a falling dominance often suggests increased interest and risk appetite in altcoins. Google Trends (10%): By analyzing search queries related to cryptocurrencies, this component identifies trends in public interest. For example, a surge in searches for ‘Bitcoin price manipulation’ might indicate fear, while ‘buy crypto’ could suggest growing greed. Table: Crypto Fear & Greed Index Components Factor Weight (%) What it Measures Volatility 25% Market price fluctuations and drawdowns Market Momentum/Volume 25% Strength of current trading activity Social Media 15% Public sentiment and engagement on social platforms Surveys 15% Direct investor sentiment (currently paused) Bitcoin Dominance 10% Bitcoin’s market cap share relative to total crypto market Google Trends 10% Public search interest in cryptocurrencies Navigating the ‘Greed Zone Crypto’: Opportunities and Pitfalls The current reading of 65, indicating ‘Greed,’ brings both excitement and caution. When the index enters this zone, it often signifies a period of heightened optimism, strong buying pressure, and a general belief that prices will continue to rise indefinitely. This can be a time of significant gains for those already invested, as positive sentiment fuels upward price movements across various digital asset trends . However, it’s crucial to remember that extreme greed can be a precursor to market corrections. Historically, periods of extreme greed have often been followed by pullbacks as the market becomes overextended and profit-taking ensues. The fear of missing out (FOMO) can lead new investors to enter the market at peak prices, making them vulnerable to subsequent dips. Actionable Insights for Traders and Investors: Stay Disciplined: Avoid letting emotion dictate your decisions. Stick to your pre-defined trading plan and risk management strategies. Consider Profit-Taking: If you’ve accumulated significant gains, the ‘Greed’ zone might be an opportune time to take some profits off the table, securing your returns. Set Stop-Losses: Protect your investments by setting stop-loss orders to automatically sell if prices drop beyond a certain point, mitigating potential losses during a sudden reversal. Research Diligently: Don’t blindly follow the crowd. Conduct thorough research on any digital asset before investing, regardless of market sentiment. Diversify Wisely: While Bitcoin dominance is a factor, consider a diversified portfolio to spread risk, but avoid chasing every rising altcoin out of FOMO. Look for Under-valued Assets: Sometimes, in a greedy market, attention focuses on a few popular assets. Look for fundamentally strong projects that might be temporarily overlooked. The Role of Bitcoin Dominance in Broader Digital Asset Trends The 10% weighting given to Bitcoin dominance in the index highlights its pivotal role in the broader crypto ecosystem. Bitcoin, as the first and largest cryptocurrency, often sets the tone for the entire market. When Bitcoin’s dominance rises, it typically means investors are rotating out of altcoins and into BTC, often seen as a safer haven within the crypto space. Conversely, a declining Bitcoin dominance usually signals an ‘altcoin season,’ where capital flows from BTC into various alternative cryptocurrencies, leading to significant gains in the altcoin market. Understanding this interplay is essential for predicting broader digital asset trends . A high ‘Greed’ index coupled with rising Bitcoin dominance might suggest that the market’s optimism is primarily centered around Bitcoin, potentially leaving altcoins lagging. Conversely, if the index is high and Bitcoin dominance is falling, it could point to a widespread altcoin rally driven by broad market enthusiasm. Beyond the Index: A Holistic View of Crypto Market Sentiment While the Crypto Fear & Greed Index is a powerful tool, it’s crucial to remember it’s just one piece of the puzzle. The crypto market is influenced by a myriad of factors, including macroeconomic conditions, regulatory developments, technological advancements, and geopolitical events. Relying solely on the index for investment decisions would be imprudent. For instance, a high ‘Greed’ reading might coincide with positive news like institutional adoption, major technological upgrades (e.g., Ethereum’s upgrades), or favorable regulatory clarity. Conversely, even a ‘Fear’ reading could be influenced by external shocks like global economic downturns or regulatory crackdowns. Therefore, investors should use the index as a complementary tool, combining its insights with fundamental analysis of projects, technical analysis of price charts, and a keen awareness of global events that could impact the crypto landscape. This comprehensive approach is key to truly mastering your understanding of crypto market sentiment . Conclusion: Navigating the Waves of Crypto Emotion The Crypto Fear & Greed Index surging to 65 and entering the ‘Greed’ zone is a clear signal of increased optimism and enthusiasm in the cryptocurrency market. While this can be an exciting time for investors, it also serves as a crucial reminder to exercise caution and avoid succumbing to impulsive decisions driven by FOMO. By understanding how the index is calculated, recognizing the potential pitfalls of extreme greed, and combining this insight with a broader market perspective, you can better navigate the volatile yet opportunity-rich world of digital assets. Stay informed, stay disciplined, and make decisions based on analysis, not just emotion. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Unlocking Opportunity: Crypto Fear & Greed Index Soars into Greed Zone first appeared on BitcoinWorld and is written by Editorial Team

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