Tag: Doge

Shiba Inu 699,000% Imbalance: What Happened To Trigger It?

Top meme coin Shiba Inu recorded a 699,000% liquidation imbalance as its price dropped sharply along with the broader crypto market. This has again sparked a bearish sentiment, with the bears looking to be in control.  How the Shiba Inu 699,000% Imbalance Happened Coinglass data showed that the Shiba...
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SOPR Flat, Leverage Spikes: Will Bitcoin Explode or Get Crushed?

Bitcoin’s trajectory sits at a delicate balance as the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) hovers near the neutral 1.0 mark, as prices traded around $113,600 in August. In previous instances, this indicator has offered a reliable context for market turning points. Bitcoin Market at Crossroads According to...
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Bitcoin, Ethereum, XRP Hold Steady As Dogecoin Gains

Cryptocurrency markets are slightly up on Wednesday as markets shift their attention to Fed Chair Powell’s speech at Jackson Hole on Friday. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,623.99 Ethereum (CRYPTO: ETH) $4,305.82 Solana (CRYPTO: SOL) $183.78 XRP (CRYPTO: XRP) $2.92 Dogecoin (CRYPTO: DOGE) $0.2175 Shiba Inu (CRYPTO: SHIB)...
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Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce

Hawkish remarks from the Federal Open Market Committee’s late July meeting have — for the moment — put the kibosh on the crypto market’s modest attempt at a rally on Wednesday. “A majority of participants judged the upside risk to inflation as the greater of these two risks,” read...
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