Technical Analysis


Markets

Shiba Inu's Downtrend Intact as Daily Burn Rate Tanks by 63%

The daily burn rate of SHIB dropped by 63%, posing a challenge to its deflationary goals, according to CoinDesk's AI insights.

SHIB's price. (CoinDesk)

Markets

Bitcoin Pushes Toward $107K Even as Trump Sends National Guard to Los Angeles

Bitcoin gains 0.78% despite a tense political backdrop in the U.S., with markets shrugging off fears of further unrest and a potential military mobilization.

24-hour price chart of Bitcoin (BTC-USD) showing breakout above $106K on June 8, 2025

Markets

Bitcoin Holds Above $105K Despite Donald Trump’s Threats Against Elon Musk

Bitcoin remains above $105K as Trump threatens Elon Musk in a high-profile feud, showing crypto's resilience amid political drama and rising market tension.

24-hour Bitcoin price chart showing BTC bouncing from $104K to above $105K on June 7, 2025

Markets

Ether Holds Steady Above $2,500 as ETF Demand Signals Institutional Confidence

ETH bounces from $2,460 as buying momentum returns, helped by strong ETF inflows and renewed interest from institutional investors.

Ether 24-hour price chart showing recovery from $2,460 to over $2,510 on June 7, 2025

Markets

Solana 's SOL Rebounds as Buyers Step In Above $147

Solana (SOL) climbs back from steep losses as renewed demand lifts price above $151, even as global market tensions continue to stir investor caution.

SOL rebounds 3.95% from $147.13 to $152.85 before facing resistance on June 7, 2025

Markets

Polkadot's DOT Retakes Important $3.96 Level as Buyers Step In After Pullback

A "higher low" pattern has formed after a brief pullback, confirming potential bullish momentum.

DOT stages strong recovery, retakes important $3.96 level.

Markets

AVAX Surges 6% After Musk-Trump Dispute Sell-Off

Buyers show strong accumulation patterns at key support levels despite broader market uncertainty.

AVAX

Markets

TON Finds 'Strong Support' at $3.00 Level Amid Wild Crypto Price Swings

Buyers step in during the price correction, driving a rapid upswing with a significant volume spike.

TON

Markets

Cardano's ADA Finds 'Strong Support' After Dramatic Price Swings Amid Heightened Volatility

Cardano’s ADA is among tokens that saw wild price swings amid Elon Musk and President Trump's clash over the U.S. economy.

CoinDesk

Markets

Shiba Inu Recovers Amid Massive $36M Whale Transaction; Still Stuck in Downward Channel

SHIB outperforms BTC amid reports of a massive whale transaction.

SHIB/USD (CoinDesk)