cryptonewsflash

#Shiba Inu is losing momentum as selling pressure builds, making mid-band support a key level for bulls to defend while momentum weakens now.
Shiba Inu (SHIB) is trading at $0.000005965 at the time of this writing, down 4.3% over 24 hours. The daily chart shows a steady intraday slide from the $0.00000625 area toward the $0.00000596 zone. 
The move suggests sellers controlled most of the session, as SHIB kept posting lower highs and lower lows before stabilizing near the lower end of its daily range. That leaves the token testing immediate support near $0.00000595, while any rebound would likely need to reclaim the $0.00000610 area first.
The wider performance panel still shows a mixed trend. SHIB was down over the 1-hour and 24-hour periods, but remained up 3.2% in 7 days and 4.6% in 14 days. For now, SHIB is sitting at a key spot where a bounce could revive momentum, but a breakdown could quickly put bears back in charge.
What’s Next for Shiba Inu?
Shiba Inu’s daily chart shows the token approaching the 20-day Bollinger Band basis at $0.000005844. That placement suggests SHIB is still holding a mild bullish bias versus its recent average, but the latest candle also shows hesitation. 

The upper Bollinger Band sits near $0.000006358, while the lower band stands around $0.000005330. It leaves SHIB in the upper half of the range without yet breaking into a stronger upside expansion. 
In practical terms, the setup points to near-term support around $0.00000584, with deeper downside risk opening toward $0.00000533 if that middle band fails.
The Bull Bear Power indicator remains positive at roughly 0.000000182, which shows buyers still hold a slight edge. However, the latest histogram reading looks modest rather than aggressive. This suggests that bullish pressure is present but not strong enough to confirm a decisive breakout yet. 
Shiba Inu Liquidation Data
Shiba Inu’s liquidation data shows that long traders absorbed most of the recent market pressure across every tracked timeframe.
During the last hour, liquidations totaled $4.30K, with long trades accounting for the entire amount and no short positions rekt.

Over 4 hours, total liquidations rose to $25.84K, with $23.11K in longs compared with just $2.74K in shorts. That pattern remained clear over longer windows. 
In the 12-hour period, SHIB liquidations totaled $48.67K, including $45.72K in longs and $2.94K in shorts. Over 24 hours, total liquidations climbed to $73.52K, with $66.39K from longs versus $7.13K from shorts. 
#CryptoNewsFlash

#Shiba Inu is forming a bullish divergence on the daily timeframe, and this could result in a double-digit price expansion in the coming weeks.
The positive formation follows a string of upward price movement on the daily chart. Shiba Inu (SHIB) is now on course for the third consecutive green candlestick on the 1-day chart, during which it has bounced 9% from recent lows.
Key Points
Shiba Inu is forming a divergence on the daily timeframe, with prices making lower lows while the RSI indicator made higher lows.This divergence has occurred twice in recent months, with the first between December 18 and 31 and the most recent between February 5 and March 8.The first target should bullish momentum return is the last lower high peak at $0.00000725, with the subsequent target being the 200 MA at $0.00000864.Adding to this bullish outlook is Shiba Inu’s recent break above the 50-day exponential moving average.
Shiba Inu Bullish Divergence
A look at the daily chart shows a developing bullish divergence between the relative strength index (RSI) and SHIB’s price. While prices made lower lows, the indicator made higher lows, a divergence that usually signals market strength despite dwindling prices.
Interestingly, this divergence has occurred twice already in recent months. The first instance was between December 18 and 31, when the RSI made higher lows from 29 to 34, while SHIB dropped from $0.00000753 to $0.00000682. This sparked a strong price surge, with Shiba Inu rallying over 22% in days to January’s high of $0.00001009.
The most recent occurrence happened between February 5 and March 8. The RSI trended upwards from oversold levels of 23.7 to 33.7, but prices diverged, dropping from the opening of $0.00000663 to $0.00000523.

Moreover, SHIB has held above the key support level around $0.00000504. It reached the zone on February 6, and a drop near the area at $0.00000523 earlier in the month was met with a strong rebound. A combination of this divergence and momentum from holding support could push SHIB much higher.
Specifically, the first target would be the last lower high peak at $0.00000725, representing a 16% increase. Subsequently, SHIB could rally to the key 200-day simple moving average. Currently, this indicator is at $0.00000864, culminating in a 38% rise from here.
Potential 50-Day EMA Breakout Adds to Bullish Prospect
Adding to this bullish outlook is Shiba Inu’s recent break above the 50-day exponential moving average. With minimal noise, the token defied this resistance following its two-day bullish haul.
The 50 EMA is key to price trends, as it serves as a major boundary between downtrends and uptrends. Holding above it paves the way for further price rallies.
Currently at $0.00000619, the 50 EMA trends below the current price of $0.00000624. It all boils down to maintaining the trend above this trendline, as doing so would set the pace for higher prices.
Shiba Inu also remains above key moving MAs, which is a positive sign. The token’s price is above the 50 MA and 23 MA, providing strong support for further price trends.
#CryptoNewsFlash

Tonight the market is flooded with interesting sentiments, friends! Here's a quick summary for you:

1️⃣ Regulatory Hope: CFTC Chairman Mike Selig promises that "crypto clarity" is coming soon. This is a good signal for institutions to dive deeper! 🏛️
2️⃣ Crisis Warning: Peter Schiff warns again about a major financial crisis. Stay alert and manage risk in your portfolio. ⚠️
3️⃣ Coinbase Alert: Bitcoin L2 project $MEZO is officially on Coinbase's roadmap. This usually marks the beginning of an interesting price movement. Keep an eye on it! 📈

#Bitcoin might be struggling at the moment, but recurring historical price action shows a notable turnaround is on the horizon.
Notably, Bitcoin has corrected considerably from its all-time high of $126,200 in October 2025, marking the end of its cyclical bullish phase. At the current price near $71,000, this represents a 43.7% drop from the peak. Still, the crypto leader is approaching a phase where it bottoms and starts another bullish season.
Key Points
Bitcoin is following a price fractal that has defined its bull market phase since 2011, offering insights into periods of correction and expansion.Bitcoin is nearing the completion of the fourth fractal cycle, which began in late 2022, having moved through periods of accumulation, markup, and distribution.If the timeline of the previous fractals continues to align, BTC will reach the final discount phase between October 6 and 16, 2026, with the buy zone around $41,500 and $45,000.In the meantime, Bitcoin is in a “no-trader zone” between $65,636 and $70,685, and the next big move lies outside this range.
Bitcoin Follows 15-Year Pattern
Analyst Ali Martinez highlighted in a recent commentary that Bitcoin is following a 15-year pattern. According to him, a price fractal has defined the asset’s bull market phase since 2011, offering insights into periods of correction and expansion.
An accompanying chart shows that this fractal has followed a 4-year timeframe, marked with periods of accumulation, markup, distribution, and the bear market. The price action has repeated itself for several years, with each push driving BTC to a new all-time high.

Currently, Bitcoin is nearing the completion of the fourth fractal cycle, which began in late 2022. After reaching a bottom in November 2022, following a low of around $15,000, Bitcoin entered an accumulation period, marked by consolidation and strong whale market entry. The momentum escalated to a period of expansion, pushing BTC much higher.
The distribution phase, representing periods when holders begin to take profits near market tops, has also been completed. After the October 2025 top, the bear market has started.
Final Discount Window
However, this period of massive price downturn is also a short phase like others. Martinez highlighted that if history repeats, Bitcoin could be nearing its “final discount” window. This suggests a period where the asset’s price reaches its bottom and starts a fresh four-year cycle.
If the timeline of the previous fractals continues to align, the analyst predicts that BTC will reach this discount phase between October 6 and 16, 2026. Around this time, he sees a golden entry opportunity unraveling itself for whales to start accumulating. According to him, the Bitcoin price could be around $41,500 and $45,000, representing a possible buy zone.
From there, he expects a vertical move in a new cycle to start. If history repeats, this could take the premier asset to unprecedented prices.
Bitcoin at No-Trader Zone
In the meantime, Martinez noted in a parallel analysis that Bitcoin is in a “no-trader zone.” Here, he urges traders to remain patient and wait for a sustained break either above or below an identified price range.
Per the analysis, this range lies between $65,636 and $70,685, where over 1.72 million BTC changed hands. Martinez identified this using the UTXO Realized Price Distribution (URPD). According to him, buyers and sellers are “digging in their heels,” and BTC won’t see a substantial price move until a breakout defines its direction.

The URPD chart shows no areas of interest if BTC breaks higher until its price reaches between $83,307 and $84,569. However, the next significant support lies at $63,111.
#CryptoNewsFlash

#Cardano has dropped out of the top 10 cryptocurrencies by market capitalization after being overtaken by Hyperliquid. 
This development marks another setback for ADA holders, raising fresh concerns about the token’s near-term outlook. Although Cardano briefly reclaimed a top 10 spot toward the end of February, it has once again lost its position amid the latest broader market pullback.
Key Points  
Hyperliquid has overtaken Cardano to become the tenth-biggest cryptocurrency globally. Over the past week, HYPE surged 21.22% to $43, while Cardano grew 16% to $0.29. Currently, HYPE has a valuation of $10.58 billion, while ADA boasts a market cap of $9.85 billion. Bitcoin Cash poses an immediate threat to Cardano, ranking 12th with a valuation of $9.14 billion.
Hyperliquid Outpaces Cardano
At the start of the week, the crypto market showed signs of recovery. Major assets such as Bitcoin, Ethereum, and XRP posted modest gains, while Cardano also moved higher.
However, not all assets performed equally. Some tokens significantly outpaced the market, triggering a reshuffle in global rankings. Hyperliquid emerged as one of the standout performers during this period. 
Over the past week, Hyperliquid recorded stronger gains than Cardano, ultimately overtaking it in the rankings. Specifically, HYPE surged from around $36 to a multi-month high of $43.66, up 21.22%.
In contrast, Cardano climbed from approximately $0.25 to $0.29, delivering a respectable 16% gain. However, ADA has since retraced part of its gains and now trades at $0.2730.
Meanwhile, Hyperliquid has also pulled back slightly to $41.17. Despite this decline, it still maintains a 14.36% weekly gain, compared to Cardano’s 5.35% increase over the same period.
As a result of this performance gap, Hyperliquid now ranks as the 10th-largest cryptocurrency on CoinMarketCap, with a valuation of $10.58 billion. Cardano, on the other hand, has slipped to 11th place, with a market cap of $9.85 billion. 

Bitcoin Cash Emerges as Immediate Threat
In the meantime, Cardano’s position remains under pressure as Bitcoin Cash continues to close the gap. Currently ranked 12th, Bitcoin Cash has a market cap of $9.14 billion, less than $1 billion behind ADA. 
If Bitcoin Cash gains further momentum, it could soon overtake Cardano. For instance, a 9.41% increase in BCH’s valuation to $10 billion, assuming ADA remains unchanged, would push Cardano down to 12th place. 
Despite the recent setback, some Cardano supporters remain bullish. This optimism stems from comments by Charles Hoskinson, who stated that the network is still “fighting for everything.”
Analysts interpret this as a signal of Cardano’s push to regain market share, accelerate DeFi activity, and strengthen its ecosystem. 
To support this outlook, the development team is preparing to launch Midnight on mainnet later this month. In addition, Ouroboros Leios is expected to debut later this year. Together, these upgrades could attract more users and potentially drive broader adoption. 
#CryptoNewsFlash

Discussions around how the government could tax #XRP investments have emerged after the SEC and CFTC officially declared XRP a commodity.
These discussions dominated the XRP community following a disclosure from Chad Steingraber, a well-known community commentator. Steingraber called attention to the recent commodity classification and then shared how the Internal Revenue Service (IRS) taxes commodities.
Key Points
The SEC and CFTC jointly named XRP a digital commodity through a recent interpretive release that also included Bitcoin, Ether, Cardano, and Solana, among others.Following the release, discussions around how the government could now tax XRP have emerged, with some commentators pointing to commodity tax rules.Per the rules, commodity futures contracts generally follow a 60/40 tax rule, while physical commodities like gold face a maximum 28% collectible tax rate.Despite the commodity label, XRP spot holders still fall under IRS Notice 2014-21, which treats digital assets as property subject to standard capital gains rates of 0%, 15%, or 20% for long-term holdings.The 60/40 rule and mark-to-market requirements only apply to XRP holders trading actual crypto futures or options under Section 1256, not to those holding spot XRP.
SEC and CFTC Officially Call XRP a Commodity
Steingraber highlighted these rules as the XRP community assesses the implications of the recent classification. Specifically, on March 17, the SEC and the CFTC jointly released an interpretive document officially naming XRP a digital commodity and confirming it is not a security. 
The release placed XRP in the same category as Bitcoin, Ether, Avalanche, Solana, Stellar Lumens, Cardano, and 12 other digital assets, all formally recognized as digital commodities under U.S. law. For XRP, this was a long-awaited moment of regulatory clarity from the highest levels of U.S. financial oversight.

The two agencies defined digital commodities as assets connected to functional, decentralized networks, like the XRP Ledger, whose value comes from supply, demand, and network activity rather than from anyone’s managerial efforts, as measured by the Howey test. 
Under the definition, these assets fall under CFTC oversight as commodities per the Commodity Exchange Act. Secondary market spot trading falls primarily under CFTC regulation, while the SEC keeps authority over primary issuance where relevant.
The March 17 classification followed a March 11 MoU between the SEC and CFTC, through which the two agencies launched a “Joint Harmonization Initiative” to align their enforcement actions, asset classification systems, and rulemaking processes. 
How Commodity Taxation Works
After the official classification, Chad Steingraber shared how U.S. tax rules generally treat commodities, in an attempt to give XRP holders a starting point for thinking about their tax situation. 
Steingraber explained that the tax system generally treats commodities as capital assets. He also mentioned that futures contracts often adhere to a 60/40 allocation, with 60% of profits treated as long-term capital gains and the remaining 40% as short-term capital gains. 
Meanwhile, for physical commodities like gold and silver, he added, the tax rate on long-term gains can reach as high as 28% because the IRS treats them as collectibles.
Further, ETFs that hold futures contracts typically follow the 60/40 rule and report income using Form K-1, while ETFs holding physical commodities face long-term gains taxed at the 28% collectible rate. However, the IRS treats ETNs as debt instruments, so short-term gains count as ordinary income and long-term gains as capital gains. 
Steingraber also pointed out that futures traders must report unrealized gains and losses at year-end through a mark-to-market requirement, and that, in most cases, capital losses can reduce up to $3,000 of ordinary income each year, with any remaining losses carried into future tax years.
Important Caveats XRP Holders Should Note
While Steingraber’s general overview of U.S. commodity tax rules is accurate, there are important details to keep in mind before applying those rules directly to XRP and the other 15 digital assets named in the release. First, the IRS has not changed how it treats cryptocurrency as a result of the new SEC and CFTC classification. 
All 16 digital assets named in the interpretive release, including XRP, still count as property under IRS Notice 2014-21. This means that selling or exchanging spot holdings triggers standard capital gains or losses, such as long-term rates of 0%, 15%, or 20% for assets held more than one year, and short-term gains taxed at ordinary income rates.
While Steingraber merely presented the information as a general picture of how commodity taxation works, placing the tax explanation right after naming these digital assets does create a risk that some readers might assume the rules apply directly to their XRP holdings. 
In practice, spot XRP does not automatically fall under the 60/40 rule or mark-to-market requirements, as they only apply if a holder trades actual crypto futures or options under Section 1256 of the tax code. The 28% collectible rate also does not apply to spot XRP, and most spot crypto holdings do not qualify for trader tax status under Section 475.
Spot Bitcoin and Ethereum grantor trusts, such as IBIT, face taxation as property, not under commodity tax rules, while futures-based crypto ETFs do follow the 60/40 and K-1 treatment Steingraber described. Most importantly, the new SEC and CFTC classification has no direct effect on how the IRS taxes these assets.
#CryptoNewsFlash