BlackRock’s iShares Bitcoin Trust (IBIT) just posted one of its biggest days since launch, pulling in nearly $1 billion in a single day. The $970 million inflow on Monday marks a powerful comeback in investor interest, particularly among institutions looking to add Bitcoin to their portfolios.
While IBIT saw massive gains, other Bitcoin ETFs struggled. Fidelity’s FBTC posted about $87 million in outflows, while Grayscale’s GBTC lost $42 million. Ark Invest’s ARKB had the roughest day, seeing over $226 million in outflows.
This growing divergence suggests that while investors are returning to crypto, they are being highly selective — and BlackRock seems to be winning their trust.
The spike in BlackRock Bitcoin ETF inflow also comes alongside a broader uptick in Bitcoin sentiment. As stock markets wobble and economic uncertainty builds, many are turning to Bitcoin again — viewing it as a hedge much like gold. Supporters argue that Bitcoin’s relatively steady performance in recent weeks makes it an attractive place to park capital during turbulent times.
Politics, Fed Policy, and Market Mood
Adding to the improving market sentiment, Unity Wallet’s COO James Toledano noted that easing fears around tariffs and a more optimistic Federal Reserve outlook have helped lift investor confidence.
Interestingly, he also pointed out that former President Trump’s recent silence on crypto, a departure from his typically market-moving comments, may have helped calm nerves — though he acknowledged it’s hard to directly connect the two.
Spot Bitcoin ETFs: Still Finding Their Footing
BlackRock’s IBIT belongs to a new generation of spot Bitcoin ETFs that debuted in January, allowing both regular and institutional investors to access Bitcoin through traditional market channels.
While the broader spot ETF market is still stabilizing, BlackRock’s overwhelming inflows show where momentum is clearly building.
Adding more perspective, a crypto analyst highlighted that the gap between BlackRock’s IBIT holdings and MicroStrategy’s Bitcoin stash is narrowing rapidly.Currently, IBIT holds 573,869 BTC, compared to MicroStrategy’s 553,555 BTC. With only a 20,000 BTC difference now, the competition between the two for the largest institutional Bitcoin treasury is heating up.
A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know Your Business) approval. During this time, it was widely known that Banxa had already acquired millions of Pi at low prices, suggesting they planned to return once regulatory approval was in place.
Banxa Now KYB Approved — Pi Available in 100+ Countries
Now, according to an update shared by Dr. Altcoin, Banxa is officially KYB approved. This is a big development for the Pi Network and its global community. With this approval, people in over 100 countries can now instantly buy Pi using cash through Banxa. This move also boosts accessibility and could drive greater adoption of the Pi Network.
BANXA is now KYB approved!
What does this mean for the Pi Community and beyond?
It means people in over 100 countries can now instantly buy Pi with cash through BANXA. This is a game-changer for accessibility and global adoption.
More platforms are expected to follow. BitMart, HTX, and others are likely to receive KYB approval within the next 10 days, showing growing institutional support for the project. It’s important to note that only KYB-approved companies are legally allowed to use and trade Pi. On the other hand, individuals participating in peer-to-peer (P2P) transactions must be KYC-approved and use non-custodial wallets.
$1 Target in Sight?
Meanwhile, Pi’s price has seen a decent rise. In the past 24 hours, $PI has climbed 2.5% and is now trading around $0.60. This comes after weeks of price pressure caused by ongoing token unlocks. However, with the pace of new unlocks expected to slow down after mid-May, the selling pressure could ease, giving room for potential growth. The next major resistance lies at $0.70. A breakout above that could open the path toward $1, a level that would signal stronger market confidence in the project’s future.
The post Pi Coin News: Banxa Opens Doors to Pi Network in 100 Plus Countries with KYB Approval appeared first on Coinpedia Fintech News
A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know Your Business) approval. During this time, it was widely known that Banxa had already acquired millions of Pi at low prices, suggesting they planned to return once regulatory approval was in place. Banxa Now KYB Approved — Pi Available in …
According to the latest filing in the Harper Vs IRS case, the US government argued that the individual has no right to block the IRS from accessing his crypto records. While the user alleged that the IRS unlawfully accessed his private financial information, the government is urging the Supreme Court to rule in favor of the IRS. US Government Sides with IRS in Coinbase User’s Privacy Case US Solicitor General D. John Sauer argued in a May 30 filing that James Harper, a Coinbase user, lacks Fourth Amendment protection for his financial records stored with the exchange. The government claims Harper voluntarily shared his data with Coinbase, and the IRS followed proper procedures, like judicially approved summons, to obtain it. The filing also referenced Coinbase’s own privacy policy, which notified users that their information might be disclosed to law enforcement agencies. “The IRS may ‘examine any books, papers, records, or… Read More at Coingape.com
SHIB token price could reach a maximum of $0.00006392 in 2025.
Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030.
With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the altcoins. However, the second biggest meme coin, Shiba Inu, shows a volatile price range and massive movement on either side.
The ongoing price action brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”
Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction 2025, 2026 – 2030 to address these pressing queries.
With increased adoption and the crypto market heading toward a new high, the memecoin market could witness a meteoric rise during 2025. Plus, the developer’s visionary developments coming to fruition, and Shiba Inu becoming a major player in the metaverse, could play a pivotal role in SHIB’s future price.
That being said, with an altcoin season, the price of SHIB could reach an annual high of $0.00006392. However, if the community drives the price with typical buying and selling pressures, SHIB could settle at an annual price of $0.0000201.
On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.0000201.
The price forecast of Shiba Inu for the year 2026 could range from $0.0000286 to $0.00009784, settling at an average of roughly $0.00006312.
Shiba Inu Coin Price Action 2027
Subsequently, the Shiba Inu 2027 Prediction indicates the price might oscillate between $0.0000369 to $0.0001253, averaging notably at approximately $0.0000811.
Shiba Inu Memecoin Price Forecast 2028
Furthermore, the SHIB Price for 2028 values between $0.0000417 and $0.0001703, converging around an average of $0.0001060.
SHIB Coin Price Targets 2029
Then, by 2029, CoinPedia’s SHIB Price envisions the coin’s value to lie between $0.0000550 to $0.000210, with a centered average of about $0.000132.
SHIB Coin Price Prediction 2030
Lastly, approaching 2030, the SHIB price could bounce between $0.0000680 to $0.000321, culminating at an average estimate of roughly $0.000194.
*The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Shiba Inu Price Prediction
As highlighted above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00006000 breakout, SHIB might soar to promising highs of $0.00006392 during the upcoming altcoin season.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.0000201.
Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00006392 in 2025.
By 2025, our price prediction forecasts that the Shiba coin price could be worth $0.00006392. With a potential surge, the price may go as high as $0.000321 by 2030.
How much will Shiba be in 5 years?
As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.000210 for the year 2029.
Is Shiba Inu good for the future?
With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.
will Shiba Inu coin reach $1?
As per our current price forecast, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.
How high Shiba Inu can go?
If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00006392 in 2025.
Can Shiba Inu reach .001 cents?
Shiba Inu stands as one of history’s most explosive investment assets. Hitting the price of $0.0001 per token looks highly unlikely, but not impossible.
How much is Shiba Inu worth?
At the time of writing, the value of 1 SHIB memecoin was $0.00001359.
How much would the price of Shiba Inu be in 2040?
As per our latest SHIB price analysis, the Shiba Inu could reach a maximum price of $0.00134.
How much will the SHIB price be in 2050?
By 2050, a single Shiba Inu price could go as high as $0.00829.
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Story Highlights The live price of SHIB memecoin is SHIB token price could reach a maximum of $0.00006392 in 2025. Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030. With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the …