Dogecoin And Shiba Inu In Freefall: Here’s Where They Could Land

Dogecoin (CRYPTO: DOGE) plunged 4% while Shiba Inu (CRYPTO: SHIB) fell 2% on Tuesday, with both meme coins accelerating lower after breaking critical support levels.

DOGE’s $0.08 Target

Dogecoin broke below the $0.10 psychological level, a significant technical failure. 

The Supertrend at $0.11958 confirms bearish momentum, while the Parabolic SAR at $0.10544 sits above price as resistance.

Moreover, DOGE pushes toward the lower boundary of its channel, suggesting selling pressure intensified. 

Horizontal support appears around $0.08, where buyers previously stepped in, though the violent decline suggests strong downward momentum.

Open interest dropped 1.02% to $962.62 million while…

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Lynch Protege Slams Cramer’s $60K Bitcoin Claim

When Bitcoin (CRYPTO: BTC) hit the panic tape, Jim Cramer hit the TV. That’s the problem.

On Friday, Bitcoin slid to $60,000 — down 52% from its October peak with more than $1.2 trillion in value wiped out. Within hours, Cramer went on CNBC and urged viewers to “cover,” claiming — without evidence — that Washington was about to “fill the Bitcoin Reserve” at that level.

To George Noble, former aide to Peter Lynch, that wasn’t analysis. It was theater.

What Cramer Said Vs. What’s Real

Cramer offered no source, no document, no data — just “I heard.” Noble countered with facts.

Treasury Secretary Scott Bessent testified on Feb. 5 that the U.S. government has no legal authority to buy…

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Has Bitcoin Failed As A Store Of Value? No, It’s Just Maturing, Grayscale Argues

According to Grayscale, Bitcoin’s (CRYPTO: BTC) recent volatility reflects its transition from a growth asset to a mature store of value, with the latest sell-off driven by macro derisking rather than crypto-specific weakness.

Bitcoin’s Transition: From Growth Asset To Digital Gold

In its Market Byte report published on Monday, Grayscale notes that Bitcoin’s sell-off accelerated into early February, briefly pushing prices toward $60,000, while altcoins saw even sharper declines.

Over the past year, BTC has traded closely with high-growth technology stocks, particularly software equities, underscoring its sensitivity to broader risk sentiment.

Despite this, Grayscale stresses that Bitcoin…

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SBF Claims Biden Targeted Him, Demands New FTX Trial

Sam Bankman-Fried, the imprisoned former CEO of FTX, reportedly filed a motion for a new trial in the Southern District of New York today, citing Rule 33 of the Federal Rules of Criminal Procedure and the Due Process Clause of the U.S. Constitution.

The filing, reported by the Inner City Press, was supported by a declaration from attorney Daniel Chapsky, comes as SBF continues to dispute the circumstances surrounding FTX’s bankruptcy and his conviction. 

In a series of recent posts on X, SBF claimed he never approved the bankruptcy filing and that lawyers effectively forced the company into Chapter 11. 

According to a court filing from January 2023, SBF instructed FTX.US…

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U.S. Needs To Pass Clarity Act To Clear Path For Bitcoin And Crypto Markets

Treasury Secretary Scott Bessent recently pressed lawmakers to act on stalled crypto and bitcoin legislation, saying the United States must secure clear market structure rules before the end of the spring legislative window.

In an interview from Fox News’ Sunday Morning Futures, Bessent said that the Digital Asset Market Clarity Act — commonly referred to as the Clarity Act — is essential to the future viability of bitcoin and digital asset markets in the U.S.

Bessent told host Maria Bartiromo that the recent volatility and developments in crypto markets really show the need for legal certainty.

“What we’re seeing in the crypto market over the past few months means…

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Bitcoin ETFs See $616M Inflows—So Why Is BTC Stuck Below $70,000?

U.S. Bitcoin (CRYPTO: BTC) ETFs recorded back-to-back inflows totaling $616 million for the first time in a month, yet total holdings dipped only 6% despite Bitcoin’s 50% crash as BTC tests critical $68,000 support.

The Institutional Conviction

Bitcoin ETFs registered consecutive inflows starting Friday with $471.1 million, followed by $144.9 million on Monday, according to SoSo Value data. 

This ended a redemption streak stretching back to mid-January.

According to Checkonchain, cumulative assets across 11 funds dropped only 7% since early October, sliding from 1.37 million BTC to 1.29 million BTC. 

During this same period, Bitcoin crashed over 40% from record highs above $126,000.

This…

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Interactive Brokers Adds Nano Bitcoin Futures Via Coinbase

Interactive Brokers is expanding its crypto derivatives lineup through a new offering of nano Bitcoin contracts listed by Coinbase Derivatives, giving eligible clients another regulated way to gain exposure to digital assets.

The broker said the new contracts are now available for trading on the IBKR platform with both monthly expirations and perpetual-style structures. 

Trading will be available around the clock, aligning with the always-on nature of crypto markets, with exceptions for scheduled exchange maintenance on Fridays from 5:00 p.m. to 6:00 p.m. Eastern time.

The products are designed to lower the entry point for futures traders. Nano Bitcoin futures represent 0.01…

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Strategy Will Keep Buying Bitcoin Forever, Saylor Says

Michael Saylor defended Strategy’s bitcoin-buying approach on CNBC’s Squawk Box earlier today, dismissing concerns that the company could be forced to sell its holdings during a prolonged downturn and reiterating plans to keep adding bitcoin on a regular schedule.

“We’re not going to be selling; we’re going to be buying bitcoin,” Saylor said. “I expect we’ll buy bitcoin every quarter forever.”

Saylor pushed back against speculation within parts of the bitcoin community that Strategy’s leverage and cash position could create pressure to liquidate if prices remain depressed. He called those fears misplaced, arguing the company has structured its balance sheet…

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Shiba Inu Burn Rate Jumps 2,097% As 200 Million Dogecoin Move: What Is Going On?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have both fallen roughly 13% over the past week, but on-chain activity and technical signals suggest volatility may be building beneath the surface.

Shiba Inu Burn Rate Spikes

According to Shibburn data, Shiba Inu’s burn rate surged 2,097.7% in a single day, with approximately 2.63 million SHIB permanently removed from circulation across multiple transactions.

Meanwhile, Shiba Inu marketing lead Lucie issued a warning about a coordinated address-poisoning campaign targeting Safe Wallet users.

Attackers reportedly created thousands of lookalike wallet addresses designed to trick users into sending funds to the wrong destination, raising…

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