DOGE, SHIB News: Shiba Inu Surges 11% as Bitcoin Traders Eye PCE Data

DOGE, SHIB News: Shiba Inu Surges 11% as Bitcoin Traders Eye PCE Data

“Call skew hasn’t meaningfully shifted toward calls, with call skew only emerging from June onwards, suggesting traders are waiting to see how the tariff situation develops,” one trading desk said.

SHIB’s Downward Pressure Grows: A Breakdown Below Support

SHIB is testing key support at 0.00001079 USD with a high potential of a breakdown. Fibonacci levels indicate potential further downside for SHIB if support fails. MACD and RSI indicators suggest bearish momentum is in control of Shiba Inu’s price. Shiba Inu has shown signs of weakness on the 7-day chart, indicating the possibility of a price dip in the upcoming weeks. Currently priced at 0.00001489 USD, SHIB is trading within a narrowing channe…

Shiba Inu Surges 11% as Bitcoin Traders Eye PCE Data

The post Shiba Inu Surges 11% as Bitcoin Traders Eye PCE Data appeared on BitcoinEthereumNews.com. Bitcoin remained steady above $87,000 in Asian afternoon hours Wednesday as traders continued to monitor U.S. data releases and how the levy of U.S. tariffs will play out starting April 2, with most in wait-and-watch mode. Majors were little-changed in the past 24 hours as Solana’s SOL, xrp (XRP), BNB Chain’s BNB, and ether (ETH) rose under 3%, whi…

SEC Declares Meme Coins Outside Its Jurisdiction: A Turning Point for Cryptocurrency Regulation?

On February 27, 2025, the U.S. Securities and Exchange Commission (SEC) made a significant announcement that has reverberated across the cryptocurrency ecosystem: meme coins, or cryptocurrencies inspired by internet memes and viral trends, are not considered securities. This ruling has sparked questions within the world of securities regulation and sparked new debates about the role of meme coins in the broader crypto market and the future of cr…

ADA To $5? Rexas Finance (RXS) Could 25x And Get There Sooner

The crypto market has become positive again, and Cardano (ADA) is looking to reach the $5 mark. While ADA continues its upward trajectory, a relatively novel but promising cryptocurrency, Rexas Finance (RXS), is making headlines with its high presale figures and advanced blockchain technologies. With analysts predicting a surge of 25x for RXS post-launch, the project is a better bet for investors willing to take on more significant risks. So, ca…

SEC Says Meme Coins Like Shiba Inu Aren’t Securities, But That’s Not Stopping Investor Migration to Rexas Finance (RXS)

The SEC’s recent clarification that meme coins like Shiba Inu lack the hallmarks of securities has done little to calm investor nerves. High-profile …