Bitcoin is currently in a quiet phase. The price has been moving sideways without any major breakout or breakdown. After a small bounce from last week’s low, many traders are wondering: was that the bottom, or is more downside coming?
Over the past week, Bitcoin has been trading in a narrow range. It moves up slightly, then drops back down, showing no real commitment in either direction. Some analysts thought the recent dip could have been the final low, but the bounce from there wasn’t strong or convincing enough. The price structure suggests that the market hasn’t made a decision yet.
Key Level to Watch: $120,200
For Bitcoin to show real strength, it needs to break above the $120,200 level. So far, that hasn’t happened. The recent rally from last week’s low was weak, and unless Bitcoin climbs above this key level, there’s no confirmation that a new upward trend has started.
Bitcoin Dominance Adds More Clues
Bitcoin dominance recently bounced from a support zone around 60.2 percent and is now stuck in a resistance area. If dominance rises again, it could mean Bitcoin is gaining strength compared to altcoins, which usually happens when traders move their money back into BTC during uncertain times.
What Happens If Bitcoin Drops Again?
If Bitcoin creates another local low below last Thursday’s dip, this could increase the chances of a deeper correction. Analysts are watching the $113,800 support level very closely. A drop toward that level wouldn’t break the overall trend just yet, but falling below it might force traders to rethink the current bullish outlook.
Still No Clear Signal
Right now, Bitcoin remains stuck in a messy range. There are signs of both strength and weakness, but no clear winner. The most recent move upward was weak and short-lived, which suggests that bulls are not in full control. If another low forms and bounces back strongly, that could improve confidence—but until then, the sideways action continues.
The Shiba Inu price prediction isn’t what it used to be. Meme coins have fallen from favor, and Shiba Inu has seen its market cap plummet in the past three months from nearly $20 billion to a whisker above 7 billion. This is bad news for meme coins but great news for other cryptos, as innovative tokens with real-world applications are starting to take over. In that regard, Rollblock has acquired almost $11 million in liquidity, a sterling start to a coin with the potential of a massive market cap.
Rollblock (RBLK): New GambleFi viral hit outshines meme coin market
Everyone wants to go viral, and one has to tip a hat to Rollblock, a new GambleFi token that has done just that. It is trending on X and getting covered on YouTube, and it has gained over $10.8 million in liquidity thus far.
Rollblock is a new online gambling platform ushering in a new era of online gaming. Built on the Ethereum blockchain, giving this online casino unparalleled transparency and security, the Rollblock play-to-earn platform is an absolute game changer. Anything from traditional casino games to bespoke Web3 games of skill and chance to live sports betting on many events held across the planet, Rollblock offers over 7,000 games to its global audience.
And now, to raise liquidity, Rollblock is holding a presale of its RBLK token. If investing in the $540 billion online gambling sector is not reason enough to get behind Rollblock, it is sweetening the deal with a weekly dividend. All token holders will get a share of the income generated by the online casino every week! And what’s more, RBLK tokens can even be staked for massive APY rewards.
Fifty thousand investors have already thrown their weight behind Rollblock, and the future of this new GambleFi token looks incredibly bright. Presales have a habit of returning results of 10x and even 100x. Considering Rollblock’s product offering and passive income, 10x is definitely on the cards, and 100x may be a conservative estimate. This token has the potential to become a top-20 token by market cap and could outshine even Shiba Inu in that regard.
Shiba Inu (SHIB): Shiba Inu price prediction quadruples, but then what?
The Shiba Inu price prediction used to be exceptionally bullish, but market trends have proven that meme coins have fallen out of vogue. The novelty has worn off, and the end of the road is near. Looking at Coincodex, there’s still some hope left for Shiba Inu, as the meme coin is predicted to return almost 4x this year, and that is great, isn’t it?
But the same Shiba Inu price prediction has the token dropping to present levels by the end of the year. There is no getting away from it: the Shiba Inu market cap took a hit. While the market cap fell 65% in the past three months, which is bad enough, the bigger picture is even more disheartening. The Shiba Inu market cap peaked at over $42 billion in 2021, and its current measure of $7.6 billion is 82% below peak levels. These are not the signs of a coin in good health.
But this extends beyond Shiba Inu and into the meme coin market as a whole. Memes just are not cool anymore. Fortunately, the rest of the crypto market is in great shape, and coins like Rollblock can take the industry forward.
Conclusion
Investors are forced to look elsewhere as the meme coin market cap plummets like a stone, taking tokens like Shiba Inu with it. Fortunately, Rollblock is offering a great way to ensure both short-term gains and long-term sustainability with its RBLK utility token.
Rollblock is now available at $0.061 directly from the website.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
The post Shiba Inu Update: Newest Crypto Innovation Leaves Meme Coins Struggling To Compete appeared first on Coinpedia Fintech News
The Shiba Inu price prediction isn’t what it used to be. Meme coins have fallen from favor, and Shiba Inu has seen its market cap plummet in the past three months from nearly $20 billion to a whisker above 7 billion. This is bad news for meme coins but great news for other cryptos, as …
21Shares, a veteran crypto investment company with more than $11 billion in assets under management (AUM), has announced a strategic partnership with Teucrium, an asset management company focused on commodity and futures ETFs. Through the strategic partnership, 21Shares announced that it has filed two Funds – the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF – with the United States Securities and Exchange Commission (SEC).
The 21Shares FTSE Crypto 10 Index ETF intends to track a market-cap-weighted index of the top ten largest crypto assets globally. On the other hand, the 21Shares FTSE Crypto 10 ex-BTC Index ETF tracks a separate FTSE Russell index that excludes Bitcoin.
“Investors are increasingly looking for diversified and easy-to-access ways to participate in the long-term growth of digital assets, and 21Shares aims to provide ETF structures to satisfy this demand, subject to regulatory approval,” Federico Brokate, Head of U.S. Business at 21Shares, noted.
21Shares Focuses on Crypto Tokenization Amid Regulatory Clarity
The two crypto funds by 21Shares tap into tested regulations for securities and tokenization in the United States. For instance, the two funds will be structured under the 1940 Act funds, and offer investors a more familiar taxation.
“The methodology and structure behind our digital asset pricing and indices were developed to give investors strategic allocation tools”, said Kristen Mierzwa, Head of Digital Assets at FTSE Russell.
The tokenization of crypto assets, which is under the jurisdiction of the SEC, will play a crucial role in the mainstream adoption of digital assets by institutional investors. Already, President Donald Trump has signed into law the GENIUS Act after a majority supported it in the Senate and the House of Representatives.
The post 21Shares Files for Two Crypto Fund ETFs With the U.S.SEC: Details appeared first on Coinpedia Fintech News
21Shares, a veteran crypto investment company with more than $11 billion in assets under management (AUM), has announced a strategic partnership with Teucrium, an asset management company focused on commodity and futures ETFs. Through the strategic partnership, 21Shares announced that it has filed two Funds – the 21Shares FTSE Crypto 10 Index ETF and the …
Binance recently conducted a survey of its Asia-based users on the topic of security, and the results were encouraging. Over 80% of these users employ 2FA, and 73% double-check their transfers.
The poll concluded that user education is the most effective way to take advantage of growing security enthusiasm. Exchange-led scam simulations may be a potential solution to make anti-fraud knowledge accessible.
Binance was very clear that increasing 2FA (two-factor authentication) usage is unambiguously good. Still, there are a few key holes in the community’s preferences.
Most of the other important user-end security practices have very low rates of adoption, which Binance blames on insufficient awareness. It described a few measures to foster security education:
“As the industry evolves, so do the tactics of bad actors. We’re investing heavily in localized anti-scam education that is practical, accessible, and tailored to users’ real needs. We’re also working closely with regulators and law enforcement… to better protect user assets,” claimed Jimmy Su, Binance’s Chief Security Officer.
This education question touches on several different topics. For one thing, most of Binance’s Asian users claimed that existing security guides are “too technical and difficult to understand.”
However, they’re ready to learn. Over 60% said they would participate in anti-scam simulations, especially if this was gamified or paired with rewards.
The survey also noted a key data point in an age-old debate: whether or not to self-custody assets. Binance reported that its users have a growing expectation that exchanges actively manage security.
Meanwhile, 62.5% believe that CEXs are responsible for intercepting high-risk transactions in real time, and more than half would “immediately” contact an exchange over scam attempts.
Still, as with the firm’s previous surveys, it’s important to remember the participants’ demographics. Binance only questioned Asian users on their security preferences, and it identified regional variations even within this sample. For example, depending on the respondent’s location, they may give four different answers to the question, “What platform spreads the most scams?”
In other words, Binance or other firms may need to conduct follow-up polls over a wider net to corroborate this security data. In this isolated form, though, the Asian user data is still very useful.
Hopefully, it can help craft beneficial anti-fraud policy and educational resources for a global audience.
