The SHIB/DOGE ratio has formed a local bottom, suggesting that Shiba Inu price may be poised for significant gains if history rhymes. If a rally ensues, the next price targets for SHIB will be $0.0002 and $0.00003. Hitting these targets will pave the way for an all-time high price. However, how long would it take for Shiba Inu to achieve to reach $0.00002 and $0.00003? SHIB/DOGE Ratio Signals Bottom Formation The SHIB/DOGE ratio has plummeted significantly and recently reached 0.0000621. After falling to this two-month low, SHIB/DOGE quickly rebounded to 0.0000640 at press time. This bounce suggests that the ratio may have bottomed, giving Shiba Inu price room to recover. SHIB/DOGE: 1-day Chart As seen in the above chart, the first target for this ratio is 0.0000706. Once it reaches this price, SHIB will aim for the 2025 high of 0.0000815. However, for this bullish thesis to hold, Shiba Inu… Read More at Coingape.com
Ark Invest has its sights on a bullish outlook for Bitcoin (BTC) in its new price forecast for 2030. In upbeat fashion, Bitcoin ETFs have pulled in $2.65 billion in inflows over the last week as optimism runs high in the ecosystem.
Ark Invest Tips Bitcoin Price To Cross $1 Million By 2030
Cathie Wood’s Ark Invest has updated its Bitcoin price target for 2030, tipping the largest cryptocurrency to soar to new highs. According to ARK’s Big Ideas 2025 report, a worst-case scenario will leave BTC trading at $300,000 by the end of the decade.
Ark Invest predicts a base case of at least $710,000 per BTC in 2030 and a bullish projection of $1.5 million for a single Bitcoin.
Per the report, Ark Invest is hinging its prediction on a swathe of factors while taking into cognizance Bitcoin’s deterministic issuance schedule. With Bitcoin supply reaching 20.5 million units by the decade’s end and nearing its supply cap of 21 million, Ark Invest maintains an upbeat stance for the BTC price.
The report taps institutional investors via Bitcoin spot ETFs to be the largest growth driver over the next five years. Furthermore, Bitcoin’s status as digital gold will attract a new wave of investors given its “transparent store-of-value” nature in comparison to gold. The report tips an avalanche of investors from emerging markets turning to BTC to shield their assets from inflation and devaluation to fuel a sustained rally.
Other factors backing Ark Invest’s prediction include the incoming rise of nation-state and corporate treasuries. Sweden is tinkering with including Bitcoin into its foreign reserves, while Bitcoin maxi Samson Mow is calling for a Japanese Strategic Bitcoin Reserve.
Bitcoin ETFs Record $2.65 Billion In Inflows Amid Impressive Price Performance
While the Bitcoin price performance by Ark Invest is considerably bullish in the long term, short-term metrics are nothing short of impressive. Over the last seven days, Bitcoin spot ETFs have attracted $2.65 billion in inflows after a small blip in activity in early April.
Per the latest data, BlackRock’s IBIT pulled in the biggest funds with impressive daily inflows, closely followed by Fidelity’s FBTC. The gains follow Michael Saylor’s prediction that BlackRock’s IBIT will be the largest Bitcoin ETF after 2030.
The surge in Bitcoin ETF metrics comes on the heels of impressive price performance for the largest cryptocurrency. Bitcoin has staged a strong comeback to trade at $94K, gaining nearly 12% over the last week. Bitcoin price flashed brilliance as China bolstered its gold holdings, triggering optimism for a rally to reclaim $100K.
Rumors are swirling that the U.S. government could be preparing to make a major Bitcoin move, potentially investing up to $100 billion. While it may sound like a bold idea, Sebastian Bea, President of Coinbase Asset Management, argues that it’s not as far-fetched as it seems.
In a recent interview, Bea explained how a small accounting change could unlock enough value for the government to invest in Bitcoin, all without increasing the national debt or printing new money.
Gold Revaluation Could Unlock $100 Billion for Bitcoin
Currently, U.S. gold reserves are still listed at the 1973 price of $42.22 per ounce, despite gold now trading at over $3,300 per ounce. This discrepancy leaves a nearly $900 billion gap between the gold’s book value and its real market value. Bea suggests that a simple update in legislation to reflect the true value of gold could open the door to a significant financial gain.
How Bitcoin Fits Into the Plan
The key to making this work is amending 31 U.S.C. § 5117, which would allow the U.S. Treasury to issue higher-value gold certificates. This could effectively create a sovereign wealth fund, with the capital used to purchase Bitcoin. Bea’s strategy aligns with the proposed BITCOIN Act from Senator Cynthia Lummis, which calls for the U.S. Treasury to purchase one million Bitcoin over five years—without adding to the federal deficit.
The implications of such a move would be massive. Buying 5.5% of Bitcoin’s market cap would send shockwaves through the global market, potentially triggering other governments to follow suit as they look to remain competitive in an increasingly digital world.
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Could It Happen Soon?
While Bea has not set a specific timeline, he suggested that the U.S. could make this move as soon as 2025 if the political momentum is right. With Bitcoin currently hovering around $94,000, a U.S. investment of this scale could push the cryptocurrency’s price even higher, setting the stage for a new era of Bitcoin adoption by nation-states.
The path to a U.S. Bitcoin reserve might be shorter than we think—especially if Congress decides to make a small but powerful legislative change. The potential impact? A massive new chapter for Bitcoin and its place in the global economy.
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Rumors are swirling that the U.S. government could be preparing to make a major Bitcoin move, potentially investing up to $100 billion. While it may sound like a bold idea, Sebastian Bea, President of Coinbase Asset Management, argues that it’s not as far-fetched as it seems. In a recent interview, Bea explained how a small …
Ethereum price surged by 5% on Wednesday, reaching $2,050 for the first time in ten days. With mutiple news catalysts alligning with massive short liquidations, how high can ETH prices go?
Ethereum (ETH) retakes $2,000 after 10-days amid Fed rate pause and SEC news on Ripple
Ethereum’s price surged by 5% on Wednesday, reaching $2,050 for the first time in ten days. This uptick coincided with the U.S. Federal Reserve’s recent policy decision and the conclusion of Ripple’s legal battle with the Securities and Exchange Commission (SEC), events that have significantly impacted the cryptocurrency market.
The Federal Reserve announced a pause in interest rate hikes, maintaining the current rates amid stable economic indicators. This decision has been perceived positively by investors, leading to increased confidence in riskier assets, including cryptocurrencies like Ethereum.
Ethereum Price Action | CoinMarketCap
In a parallel development, Ripple’s CEO, Brad Garlinghouse, confirmed that the SEC has dropped its case against the company. The lawsuit, initiated in December 2020, alleged that Ripple’s XRP token was an unregistered security. The dismissal of this case has been viewed as a significant win for the broader cryptocurrency industry, alleviating regulatory uncertainties that have previously hindered market growth.
More Bullish Signals Appear as ETH Short Traders Emerge Biggest Losers
Aside from the latest Federal Reserve decision and Ripple’s SEC victory boosting altcoin market demand, Ethereum has formed internal bullish catalysts. Over the past week, the Ethereum network successfully implemented two key upgrades: the Pectra Upgrade and the Hoodi Update.
These technical improvements have strengthened investor confidence, helping ETH surpass the $2,000 resistance level on Wednesday.
Crypto market liquidation heatmap, March 19, 2025 | Source: Coinglass
According Coinglass’ latest derivatives crytpocurrency market data suggest further upside potential.
According to the liquidation heatmap, Ethereum saw $86.58 million in total liquidations over the past 24 hours, with short traders suffering the most at $72.62 million. This accounted for a significant 25% of total market-wide liquidations, indicating a short squeeze that fueled ETH’s breakout.
With ETH short traders emerging as the biggest losers, it signals that short sellers are closing their positions at a rapid pace. This has two key implications. First, it suggests that bears are conceding the $2,000 resistance level, reducing downward pressure on ETH.
Second, as ETH advances above $2,050 and stabilizes at $2,067 at press time, many traders who previously placed short positions around key resistance levels have exited. With weaker resistance ahead, ETH could rise rapidly if positive macro sentiment surrounding the Fed’s rate pause persists.
Ethereum Price Forecast: Bulls Need $2,100 Breakout to Confirm Next Move
ETH price surged past $2,036, gaining 5.43% as bullish momentum accelerated following positive macroeconomic swings and successful network updates. Ethereum price forecast indicators on the daily chart reveals that ETH is trading above the 20-day moving average, signaling a potential short-term bullish reversal. The recent price action also aligns with the VWAP level of $2,009, further validating the strength of this rebound. A decisive close above $2,100 could open the door for a continuation toward the next resistance level at $2,373, as indicated by the upper Keltner Channel boundary.
Ethereum Price Forecast
However, despite the bullish momentum, Ethereum remains under a looming “death cross” overhang, where the 50-day moving average trends below the 200-day moving average, signaling a long-term bearish risk. Additionally, while short-term resistance may have weakened due to the massive $72 million in ETH short liquidations recorded Wednesday, the broader trend remains uncertain. If ETH fails to break and hold above $2,100, a rejection could trigger a retest of lower support around $1,927, potentially extending losses toward $1,801.
For now, bulls need to establish control above $2,100 to confirm sustained upside potential. A breakout beyond this level could drive ETH into a new uptrend, while failure may see renewed selling pressure in the coming days.
