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BlackRock Ethereum ETF (ETHA) has been dominating the spot ETF inflows while registering an 11-day inflow streak. So far in June, ETHA has already seen more than $280 million in inflows, with total flow approaching $5 billion since inception. Speculation is growing that this surge in ETHA inflows suggests that we could be getting closer
The post BlackRock Ethereum ETF Hits 11-Day Inflow Streak, Is ETH ETF Staking Approval In Sight? appeared first on CoinGape.
Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom, believes the global financial system is undergoing a major shift that could propel Bitcoin toward the $1 million mark.
According to Hayes, rising trade tensions between the US and China are accelerating the breakdown of long-standing economic norms, opening the door for neutral assets like Bitcoin to take center stage.
In an April 5 X post, Hayes speculated that the exchange rate between the US dollar and Chinese Yuan (USDCNY) could climb to 10.00.
He attributed this to Chinese President Xi Jinping’s likely refusal to alter the country’s economic direction to appease US demands, especially under President Donald Trump’s aggressive trade stance.
“USDCNY is going to 10.00 bc there is no way that Xi Jinping will agree to change China in the ways necessary to placate Trump. This is the super bazooka BTC needs to ascend rapidly towards $1 million,” Hayes wrote on Twitter.
Over the past week, the global financial markets have been on edge following the Trump administration’s decision to impose a 10% blanket tariff on all imports. China, facing even higher levies of up to 34%, responded with its own round of retaliatory tariffs set to begin on April 10.
However, Trump doubled down on the confrontation, dismissing China’s reaction as a mistake.
“CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” Trump wrote on Truth Social.
While that political posturing continues, Hayes sees deeper risks brewing beneath the surface. According to him, the ongoing tariff war could undermine the global role of US Treasuries and equities.
For decades, the US has exported dollars by running trade deficits, while foreign nations recycled those dollars into American financial assets. That system, according to Hayes, may no longer be sustainable.
If countries stop accumulating dollars, their demand for US bonds and stocks will shrink. Some may even start selling off reserves to protect their economies.
Hayes noted that even a Trump policy reversal wouldn’t restore confidence, as global leaders may no longer trust the stability of US trade policy.
“Even if Trump backtracks on the severity of the tariffs, no finance minister or world leader can risk Trump changing his mind again, and therefore things cannot return to the way they were. You must do what is best for your country,” Hayes wrote.
In this environment, Hayes sees a renewed role for assets that are not tied to any single government. According to him, gold, long regarded as a safe haven, would make a comeback.
“The dollar will still be the reserve currency, but nations will hold reserves in gold to settle global trade. Trump hinted at this because gold is tariff exempt! Gold must flow freely and cheaply in the new world monetary order,” Hayes stated.
However, Hayes says Bitcoin could be even more appealing in a world defined by decentralization, capital mobility, and reduced trust in traditional power structures.
“For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners and BTC,” he concluded.
The post Arthur Hayes Links US-China Trade War Fallout to Bitcoin’s Path Toward $1 Million appeared first on BeInCrypto.
The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup.
Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This shows how fundamentally strong SUI crypto is, and that is why it is trying to sustain above important Fibonacci levels.
In Q2 2025, the SUI price has stayed in a higher-highs and higher-lows structure and followed the 20-day EMA band dynamic support. Technically, the SUI seems poised for a run. Even experts are positive that soon it will break its $5.37 high and reach a target beyond $11.
Moreover, the recent market capitalization of $13 billion reflects its increasing significance in the market. Importantly, the Q1 correction appears much like a calculated retest and not a breakdown when seen in Q2 of 2025.
Also, all the price points on both short and long-term charts still respect the key structural points. Even on-chain metrics support its bullish narrative. Keep reading to know more.
In a recent analysis, an expert highlighted the resilience of the SUI crypto, which has successfully maintained its Inverse Head & Shoulders breakout after surpassing the neckline around $3.65 to $3.75.
With the current price hovering around $3.89, SUI continues to hold above essential support levels, reinforcing a bullish outlook.
#SUI Update: Bullish Structure Intact – Retest in Progress$SUI is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, price pushed up to $3.94 and is now pulling back — retesting the breakout zone.
This is a healthy retest, keeping… pic.twitter.com/HT545JqYq9
— Rose Premium Signals
(@VipRoseTr) May 20, 2025
Maintaining a position above the $3.65 to $3.70 range is vital for confirming the strength of this bullish setup, while a drop below $3.60 could invalidate the positive pattern.
While another analyst says on the weekly chart, the SUI price has been moving within this ascending wedge pattern, with consecutive impulsive waves to the upside.
The analyst, based on his technical perspective, highlights that SUI is getting ready for its next major move, and per his SUI price projection he projects an target upto $11.50 next.
Bullish on the future of $SUI
?
From a technical perspective, #Sui is getting ready for its next major move up.(currently in the consolidation process).
Since its creation, $SUI has been moving within this ascending wedge pattern, with consecutive impulsive waves to the… pic.twitter.com/r5PUyiRMZs
— Bitcoinsensus (@Bitcoinsensus) May 21, 2025
The social volume indicates a continuation of the ongoing short-term trend, and a rise in the social volume also indicates the rising awareness regarding SUI crypto.
Furthermore, the development activity reflects the level of activity in the form of ongoing projects and developments in the crypto. The developer’s activity shows that it is on the rise, which means the number of pure developments on its GitHub repository is increasing with time.
Both these metrics are important factors that highlight the long-term reliability of a project.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup. Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This …
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.
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.
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.
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.
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.
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.
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, …
