American streaming giant Netflix Inc. is set to tell the story of Sam Bankman-Fried, the founder and former CEO of FTX Derivatives Exchange. In what it described as a Limited Series to help the masses learn about crypto, the company has named the cast for the effective altruism purveyor. While the firm refused to give a timeline for when the movie will air, it confirmed it will also feature Caroline Ellison, the CEO of Alameda Research. Netflix and the Sam Bankman-Fried Story According to the streaming platform, the title of the upcoming show is ‘The Altruist,’ a new eight-episode limited series about Sam Bankman-Fried and Caroline Ellison. The company said Julia Garner, the acclaimed Actress who starred in Inventing Anna and The Ozarks, will portray Caroline Ellison. Anthony Boyle from the House of Guinness will play Sam Bankman-Fried. While no one knows the unique twists ahead, it will likely feature… Read More at Coingape.com
A crypto market analyst predicted this Saturday that Shiba Inu price is eyeing 17x gains ahead. The bullish projection, in tandem with an 1800% SHIB burn rate surge intraday, has soon garnered investor optimism across the globe. Price charts show bullish divergence on higher timeframe.
As the dog-themed meme coin has outpaced its rival Dogecoin, undermining its price gains in recent days, crypto market traders and investors are left speculating if this prediction could come true amid a broader bullish market. SHIB price is constantly climbing up, gaining roughly 5% intraday and 19% over the week.
Analyst ‘CryptoELITES’ took to X on April 26, stating, “Why Not a 17 X for Shiba Inu price?” The analyst reiterated that the meme coin is currently sitting in a strong buy zone, and a massive rally is surely in the pipeline.
For context, a strong buy zone on a crypto’s price chart underscores an area where the price is usually undervalued. Buyers may step into the SHIB market at this point, offering support and thus uplifting the price. In turn, this stat potentially paves the way for an upcoming rally, bringing heightened buying pressure to the asset.
Source: CryptoELITES, X
The meme coin’s price is gearing up for a 1600% increase to the $0.0002 price level, per the analyst’s bold prediction. SHIB coin’s price is currently trading at $0.00001462, up 5% over the day and 19% over the week. Its intraday low and high were $0.00001383 and $0.00001521, respectively.
SHIB Burn Rate Surge Adds On To Market Optimism
Recent burn statistics have also fueled investor optimism about the dog-themed meme coin’s future price prospects. The intraday burn metrics signaled that 15.18 million tokens were killed from the supply, resulting in an 1866% surge in the SHIB burn rate. This statistic has suggested that the crypto’s supply again took a severe hit, shredding down to 589.25 trillion tokens at the time of reporting.
Source: Shibburn site
For context, the token burn mechanism permanently reduces the supply by sending coins to a null address, making their retrieval impossible. Thus, traders and investors are anticipating price gains ahead, abiding by the economic principle of supply and demand. Shiba Inu price’s current rising action also aligns with the blow to the supply.
Bullish Divergence Signals SHIB Price Rally Soon
Bullish Divergence SHIB Price
On higher timeframes SHIB (Shiba Inu) price is starting to breakout signalling that bottom is in for SHIB price. The token is gearing for a massive 100% move to $0.00003 as a first short term price target. As Bitcoin price regains $95k, the rotation from large caps to memecoins may kick in soon.
On the other hand, SHIB has also outpaced DOGE with its recent gains. Dogecoin price has managed to gain only 15% over the week and 3% over the day, closing in at $0.1850. Besides, SHIB price prediction by CoinGape revealed that bulls currently dominate the meme coin, as per the 3-month bias indicator.
Meme coins have been a hot topic of discussion in the crypto market ever since. Among many, Pepe Coin is one of the top meme coins that tapped the meme-driven hype; the Pepe Coin price grew exponentially. Since its launch, the meme coin has gained immense popularity among meme enthusiasts and investors, allowing it to gain a substantial amount of market capitalization. In fact, now the meme coin is on its way to challenge the king of altcoins, Ethereum (ETH).
This seems to be the case, as investors are now losing confidence in Ethereum because of its sluggish performance. Meanwhile,PEPE price todayhas broken above a crucial level, which hints at a massive bull rally going forward. Ergo, let’s find out whether investors should consider buying PEPE and shorting Ethereum.
Pepe Coin Price Breaks Key Resistance
CW, a popular crypto analyst, recently posted atweet on X revealing that the Pepe coin price has been moving inside a down channel for multiple weeks. The better news is that the meme coin managed a breakout above that pattern, which marked the beginning of a new bull rally.
However, the analysis also mentioned that the real bull rally will begin after the Pepe coin price breaks above three selling walls. Therefore, mentioning the Pepe coin price forecast, it will be crucial for the meme coin to first go above $0.000019 before eyeing higher targets in the coming weeks or months.
$PEPE has broken the downtrend channel. The rally has already begun.
The real bull market will begin once the three selling walls above are broken. pic.twitter.com/19ehalsZni
As the meme coin broke the resistance and moved ahead, investors’ confidence in it has also been increasing. Santiment’s data clearly pointed out that positive sentiment around PEPE rose last week. Since meme coins are mostly hype-driven, an increase in positive sentiment might have a bullish impact on PEPE’s price.
Source: Santiment
Are Investors Reluctant to Buy Ethereum (ETH)?
While PEPE’s price is showing much potential going forward, the king of altcoins, Ethereum, might face headwinds. This seems to be the case as selling activity has risen. This was evident from the spike in its exchange outflow during the last seven days.
Source: Santiment
At the time of writing, ETH value is $1,650, which is well below its March 2025 high. If selling pressure remains high, then ETH’s 24-hour gain of 3% might get nullified soon, in turn pushing it under $1,500 once again.
Final Words
In conclusion, rising optimism and a key breakout have fueled bullish sentiment around Pepe coin price, signaling strong upside potential. In contrast, Ethereum’s waning momentum and increasing sell pressure suggest it might be time to buy PEPE and short ETH.
Cardano price has moved sideways this month, but could be ripe for a strong bullish breakout if Bitcoin rises to $100k as Arthur Hayes predicts. ADA token was trading at $0.640 on Tuesday, a consolidation that may be calm before the storm.
Cardano Price Could Benefit if Bitcoin Hits Arthur Hayes’ Prediction
Arthur Hayes, the founder of BitMex, has come up with a highly bullish Bitcoin price prediction. In an X post this week, he predicted that the coin would eventually surge to $100K in the near term. Such a move would imply a 13% surge from the current level.
Arthur Hayes Bitcoin Price Prediction
Technicals suggest that this prediction is possible as BTC price has formed a double-bottom pattern at $76,485. This is one of the most bullish patterns in technical analysis. A bullish breakout is confirmed once the coin rises above the neckline, which is at $88,415.
A clear breakout above that level will raise the odds of Bitcoin price soaring above $90,000, followed by the psychological level at $100,000. Robert Kiyosaki believes that the Bitcoin price may surge to $180k this year.
Bitcoin Price Chart
Bitcoin has another catalyst: its role as a safe haven. With gold price reaching a record high, there are signs that investors are moving to BTC, which has similar characteristics. Spot Bitcoin ETFs have had inflows in the last two days as the stock market crashed.
Therefore, a Bitcoin price recovery would benefit other altcoins like Cardano, Solana, Pepe, and Hedera Hashgraph. Historically, these assets have a close correlation with Bitcoin.
ADA Price Analysis: Forms a Bullish Pattern
ADA price has been in a downtrend after peaking at $1.322 in November last year. It bottomed to a low of $0.512, its lowest swing this month.
While Cardano remains below the 50-day and 200-day EMAs, it has formed a rare and highly bullish reversal sign. It has formed a falling wedge, which is characterized by two downtrending and converging trendlines.
ADA price has also formed a small bullish pennant. This pattern features a flagpole-like shape and a symmetrical triangle. It often leads to more gains, which is triggered when the two lines near their confluence level.
Cardano Price Chart
Therefore, Cardano price will likely have a bullish breakout. If this happens, the next level to watch will be $1, up by 55% from the current level.
The bullish ADA price forecastwill be canceled if the coin crashes below the lower line of the bearish pennant. A drop below that level will bring the support at $0.456 to view. This price is at the highest swing in July last year.
