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Shiba Inu Community Unveils TREAT Token Launch Date, Here’s When

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2 days ago

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The Shiba Inu community has reverberated a strong market buzz across the broader crypto sector on Monday, confirming the TREAT token launch date. Notably, the coin’s marketing lead, Lucie recently revealed that the token launch is set to take place just 8 days ahead. In turn, market participants are now immensely enthusiastic about the overall performance of SHIB in the coming days.

Shiba Inu Community Discloses TREAT Token Launch Date

A significant buzz across the Shiba Inu community has prevailed as the week kicks off, primarily as renowned community members spotlighted the TREAT token launch date. According to an X post by Lucie as of January 6, the upcoming token launch is set to occur on January 14. This statement has sparked noteworthy market optimism surrounding the renowned dog-themed meme token’s ecosystem.

Notably, Shytoshi Kusama previously confirmed the TREAT token launch this month, as reported by CoinGape. Following the ‘SHIB: The Metaverse’ launch recently, this looming development has added optimism to the leading dog-themed token‘s endeavors.

However, flagging the upcoming launch, Kusama also warned against potential scams. Overall, the community members have unveiled the launch date, reverberating substantial optimism among traders and investors globally. Also, the upcoming token is also much-touted to be a revolutionary endeavor for the Shiba Inu ecosystem. As a result, market participants are also bullish, anticipating gains in SHIB price.

What’s Ahead For SHIB?

At the time of reporting, SHIB price traded at $0.00002409, down marginally by 0.22%. Its 24-hour low and high were 0.00002346 and $0.00002424, respectively. Despite the volatile intraday movement, market watchers remain optimistic about future movements in light of recent developments and the TREAT token launch. Notably, despite the slump in price, CoinGlass data showed that SHIB Futures Open Interest rose over 3% today.

Simultaneously, a recent Shiba Inu coin price analysis by CoinGape revealed that the coin eyes an extended consolidation ahead. This uncertain prediction comes against the backdrop of recent market technicals and whale movements.

Nevertheless, traders and investors are extensively eyeing the coin for further price action shifts amid recent ecosystem developments. In addition, the recent shifting focus toward the top meme coins has further fueled speculations over a potential rally ahead.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Accurate Indicator Hints Bitcoin’s Top Is Near

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7 hours ago

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January 8, 2025

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Bitcoin is the most dominant cryptocurrency, and its performance alone is significant enough to signal the future of the entire market. Presently, BTC is under correction, but an accurate indicator confirms it is near the top. Let’s discuss the findings of the indicators and when the BTC price will hit the top.

Pi Cycle Indicators Predict the Bitcoin Price Top

The Pi Cycle indicator is an accurate indicator that successfully forecasts the Bitcoin price at the top. It has accurately predicted the top in 2013, 2017, and 2021; the next might be 2025. Pi cycle analysis depends on the 111-day moving average (111DMA) and 350-day moving average multiples by 2, where the intersection of these two moving averages predicts the cycle tops.

Now, after the ongoing BTC price struggle amid the crypto market crash, this tool hints at the top, keeping the investor’s confidence strong amid the crash. The crypto market signals that the BTC top will likely happen in the mid-to-end period of 2025. Although the timeline could vary, the historical result confirms the top formation within days of peak prediction.

Cryptocurrency Peak Prediction: BTC Top To Form on September 17, 2025

The latest Pi cycle top prediction reveals that the next crossover will occur on September 17, 2025, resulting in the BTC market peak. This BTC prediction for 2025 is based on its exponential growth ever since its formation, where the Pi chart indicator has forecasted the peak with 111 DMA and 350 DMAx2 coinciding on the charts on this date.

With high accuracy and historical proof, the next BTC top will form on September 17, but the exact value of the top is unclear for now. Some suggest it could cross six figures based on historical growth patterns, global adoption, and Donald Trump’s presidency.

Bitcoin price predictionBitcoin price prediction

What You Should Do?

The pi cycle indicator is a famous BTC top indicator that has accurately predicted the peak multiple times. Now, recent reports show that the BTC top will form on September 17, 2025, potentially pushing this digital asset’s price to six figures for the first time in history. Although the BTC price formed massive peaks with Donald Trump’s win, the consolidation frequency increased as Trump’s inauguration approaches.

The market crash has halted the Bitcoin price surge, currently trading at $95k. Arthur Hayes’s prediction hints at a market peak in March, but investors should stay cautious and conduct their own technical analysis before investing.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BlackRock Bitcoin ETF (IBIT) Sees $597M In Inflow, Saves the Day

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10 hours ago

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January 8, 2025

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BlackRock’s iShares Bitcoin ETF (IBIT) recorded over $597 million in inflow on Tuesday. The BlackRock Bitcoin ETF saves the day for the bleeding crypto market after investors turned cautious with strong US JOLTS job openings and ISM Services PMI data.

The spot Bitcoin ETF in the United States saw a net inflow of $53.46. Bitcoin ETFs by Fidelity, Bitwise, Ark 21Shares, Franklin Templeton, and Grayscale recorded outflows.

BlackRock Bitcoin ETF Saw Inflow Despite Crypto Market Crash

BlackRock’s iShares Bitcoin ETF (IBIT) purchased 6,078 BTC worth $208.7 on January 7, while miners only mined 450 new BTCs. IBIT recorded an inflow of $597.18 million, as per Trader T data.

This makes the third consecutive inflow into IBIT despite a major selloff in the crypto market. Notably, US Bitcoin ETF saw an inflow of $978.6 million on Monday, sparking optimism as the flagship crypto soared past the $102K mark.

Meanwhile, Fidelity’s FBTC, Bitwise’s BITB, and Ark Invest’s ARKB saw outflow of $86.29 million, $113.85 million, and $212.55 million, respectively. Also, Franklin EZBC saw a $5.58 million in outflow.

Grayscale’s GBTC also witnessed an outflow of $125.45 million. Flows were zero for Invesco, Valkyrie, VanEck, and Grayscale Mini.

ImageImage

According to Farside Investors, the total net inflow for Bitcoin spot ETFs reached $52.4 million. The iShares Bitcoin Trust by BlackRock saw a net inflow of $596.1 million. Whereas, other ETFs experienced varying degrees of outflow.

Spot Bitcoin ETF InflowSpot Bitcoin ETF Inflow
Source: Farside Investors

Bitcoin and Crypto Market Crash On Macro Concerns

According to the U.S. Bureau of Labor Statistics, the JOLTS jobs openings increased by 259,000 to 8,098 million in November 2024, Also, ISM Services PMI came in higher than expected, which shows the resilience of the U.S. economy currently. This caused Bitcoin price to crash by more than 5%.

In fact, the US dollar index (DXY) holds its advance above 108.50 today, after a two-day low move that caused a recovery in Bitcoin price. Also, the 10-year US Treasury yield increased to a 35-week high of 4.68%. The strong US economic data reduced expectations for further rate cuts by the Federal Reserve.

Whereas, BTC price continues to fall despite better performance by BlackRock Bitcoin ETF. The price currently trades at $96,259. The 24-hour low and high are $96,132 and $102,022, respectively. Furthermore, the trading volume has decreased by 23% in the last 24 hours.

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Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space.

At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as “Best Crypto Media Company 2024” for high impact and quality reporting.

Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ripple CEO Brad Garlinghouse Confirms Mar-a-Lago Meeting with Donald Trump

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14 hours ago

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January 8, 2025

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Ripple CEO Brad Garlinghouse revealed on social media that he recently had dinner with former President Donald Trump and Ripple’s Chief Legal Officer, Stuart Alderoty.

The meeting that happened at Trump’s Mar-a-Lago resort is an important beginning to the year 2025 for Ripple especially with the current changes happening in the cryptocurrency market.

Ripple CEO and CLO Meeting with Donald Trump

On Monday evening, Ripple CEO Brad Garlinghouse revealed his meeting with Donald Trump and Stuart Alderoty on the platform X (previously Twitter). “Had a great dinner last night with @realDonaldTrump & @s_alderoty. ”Great start to 2025!” he posted indicating that things are looking good for Ripple.

Stuart Alderoty, Ripple’s legal head, also commented on the event, joking about the dinner’s menu: “The beef bourguignon was really good.”

The dinner at Mar-a-Lago takes place at a time when Ripple has been building up its steam with wins against the U.S Securities and Exchange Commission (SEC) in court.In line with the optimism, crypto analysts have provided bullish signals for XRP, some of whom have forecasted a price surge to $3.

John Deaton Breaks Silence on Ripple CEO Meet Up

Ripple has recently come into the limelight for its legal victory against the SEC where the latter had alleged that the company and Garlinghouse sold unregistered securities via XRP. The lawsuit that lasted for more than two years concluded with the victory of Ripple, which opened up new possibilities for the future of the cryptocurrency market.

John E. Deaton, a pro XRP lawyer and following the case commented on X that Ripple’s win means that the company has remained unshaken. He also pointed to the SEC’s aggressive approach in the litigation process, which involved serving Garlinghouse with personal subpoenas to produce financial information.

”Ripple and Brad disclosed every XRP transaction that has ever taken place, but the SEC acted misconduct when it came to discovery,” Deaton said. However, Ripple has come out even stronger, suggesting that more positive outcomes are in the offing for the company and the sector as a whole.

Cynthia Lummis Chats With US SEC Potential Chairman

Ripple CEO, Brad Garlinghouse has also noted recent expansion of Ripple’s activities within the United States which shows that the focus has shifted back to the domestic market.He disclosed that three quarters of the new positions at Ripple are based in the United States, something that was not the case in the past given the company’s focus on the international market.

Furthermore, the company signed up more US business contracts in the last six weeks of the year 2024 than it had in the six months prior to that period.

The dinner comes after several meetings between politicians and crypto enthusiasts. U.S. Senator Cynthia Lummis, an advocate for blockchain technology, has also been engaging with Paul Atkins, the man expected to be named SEC chairman by President-elect Trump. These discussions focus on the need to reform the SEC’s rule making process and to advance the use of digital assets.

Ripple’s Growing Market Influence

Ripple is also coming up strongly in the blockchain space with new products being introduced. Ripple President Monica Long stated that the stablecoin, RLUSD, which was recently launched, is expected to be listed on multiple platforms.

At the same time, the company has joined Chainlink to work on the integration of secure and accurate pricing of RLUSD into the DeFi ecosystem.

In these developments, Ripple has witnessed a rise in its valuation due to the increased prices of XRP and the increasing adoption of its solutions. Ripple CEO Brad Garlinghouse has earlier stated that the $11 billion valuation of the company is quite dated given the current situation.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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