U.today

In the world of meme coins,Dogecoin might still have the original fanbase, but when it comes to February's performance,Shiba Inu (SHIB) is leaving DOGE in the dust.

CryptoRank's historical return datashows an unexpected but consistent divergence: while Dogecoin has averaged negative returns in February at -2.33%, Shiba Inu has delivered a solid average of +9.26% since 2021. That is a 397% imbalance between the two coins in this particular month.

In 2024, SHIB surged by 41.3% in February, whileDOGE took a nosedive of almost 39%. In 2023, the former stayed green again, while the latter lost 16%. Even in 2022, when everyone was getting nervous and avoiding risk, SHIB went up by 20.3%, while DOGE dropped by 6.05%.

Three years in a row with the same outcome — SHIB has never had a worse February than DOGE since its existence. Not once.

DOGE and SHIB are no longer playing same game

The 21Shares Dogecoin ETF (TDOG) launched earlier this week, and it has even further established DOGE into a beta proxy for Nasdaq flows. Grayscale trust products and 2x leveraged DOGE vehicles are drawing in institutional capital and reducing volatility.

Dogecoin has become a meme in name only, mirroring regulated index plays and becoming rather a "safe haven" meme asset. Shiba Inu, on the other hand, is still what DOGE used to be: speculative and unregulated.

And in February, that profile pays off.

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SHIB's seasonal anomaly — a pattern of post-January decoupling and double-digit rallies — shows a regular liquidity rotation into high-beta outperformers. Based on historical heatmaps, there is a good chance that if the fractal persists, Shiba Inu will have a 15-20% lead.

So, as February nears, things are looking pretty clear for major meme coins: Dogecoin offers ETF stability, but theShiba Inu coin has a seasonal advantage.

Even though the price has not fully confirmed it yet, Shiba Inu's most recent on-chain snapshot is conveying a message that is simple to overlook if you just look at the chart: exchange-related activity is changing, and it is changing in a way that frequently precedes a tradable recovery. The exchange outflow acceleration indicator is the loudest.

Shiba Inu gains strengh

The mean exchange outflow over the last seven days has increased by +134%, and the total exchange outflow has also increased (302 billion, +2.02%). Simply put, more SHIB is leaving exchanges, which typically corresponds with less immediate sell availability and more hold positioning. When you combine that with an increase in active addresses (310. 25, +1.03%), you have a market that continues to participate rather than give up. However, the inflow side is still alive.

Netflow (inflow minus outflow) increased to 58.0774 billion (+34.4%), while total exchange inflow increased to 351 billion (+2.23%). The fact that some participants are obviously also sending tokens to exchanges, which may indicate distribution attempts or hedging, is what prevents this from being a clear-cut one-way bullish signal.

Reserves plummeting

However, context is important, and flows may be more important than headlines. The metrics you usually want to lead are outflows and their moving averages, which are rising quickly. Another encouraging fact is that while the coin-denominated reserve is essentially flat,the exchange reserve in USD is marginally down.

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That combination can occur when positioning subtly improves while price is still suppressed. Zoom out to see the chart: SHIB is still in a wider downtrend and is still under strong moving-average resistance, but it is trying to establish a base with a support line that is slightly tilting upward.

The on-chain coins leaving exchanges may eventually result in price strength if the price can maintain this range and begin to reclaim the faster averages. In summary, the market is not overjoyed, but the plumbing appears more appealing than the candles. SHIB has a genuine chance at a recovery leg if these outflow-heavy conditions continue — as long as buyers provide follow-through rather than brief spiky capital injections.

For the first time in a long time, the chart is beginning to appear positive rather than completely depressing, and Shiba Inu is gradually emerging from the hole it has been in for months. Meanwhile, we cannot afford to overlook the technical crossroads that Ethereum and XRP are currently at.

Shiba Inu gains strength

After a protracted decline, SHIB is stabilizing around a local support zone, and price action indicates that the asset is trying to restore some sort of market structure rather than continuing a straight bleed.

Technically speaking, SHIB is currently trading within a tightening range and has ceased printing aggressive lower lows. Sellers are losing steam, as evidenced by the recent recovery from the local bottom and the emergence of a rising support line. This indicates that the bearish phase is no longer dominant, but it does not imply that the market has suddenly turned bullish. SHIB is no longer in free fall, to put it simply.

The volume behavior supports that viewpoint. Bearish volume has decreased during pullbacks, indicating a noticeable slowdown in selling pressure. That typically indicates tiredness rather than confidence on the part of sellers. Buyers are constantly intervening to protect the current range — even though they are not hostile.

When an asset moves from distribution to accumulation, this kind of price-volume relationship frequently emerges. Additionally, momentum indicators lend credence to the notion that SHIB is resuming operations. RSI is holding in a neutral zone after recovering from oversold territory, indicating balance as opposed to panic.

Short-term averages are starting to level out, which is necessary for any long-term recovery even though SHIB is still trading below significant long-term moving averages. Now, the most important thing is to follow through. The narrative shifts from dead meme coin to early recovery play if SHIB holds above current support and progressively moves toward regaining important resistance levels.

Ethereum's time to move

Investors cannot afford to overlook the technical crossroads that Ethereum is currently at. ETH is currently trading in a small area, where the next move will probably determine its medium-term direction following months of erratic price action and unsuccessful attempts at recovery.

The asset is far from regaining a convincing bullish structure, but it is also no longer in free fall. In terms of price, Ethereum is still having trouble staying below significant moving averages. Every attempt at a rally has stalled close to significant resistance areas, and then there has been fresh selling pressure.

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This is not a sign of strength but rather hesitation. While sellers continue to be active on every price increase, buyers are present but unwilling to pursue higher prices. This dynamic produces the kind of compression that typically comes before decisive action. ETH is trying to create higher lows, which is positive on paper, according to the larger structure.

These attempts, however, are taking place in the context of a long-term downward trend. Any upward movement on Ethereum runs the risk of becoming another lower high, as long as it stays capped below significant resistance levels. Because a clean breakout could lead to a trend reversal and a rejection would probably reopen the door for deeper downside, the current zone is crucial.

Trading activity increases during sell-offs but decreases during rebounds, indicating that conviction is still on the bearish side. The same indecision can be seen on momentum indicators. The RSI is not exhibiting strong accumulation or exhaustion; instead, it is hovering in neutral territory.

When a market is waiting for a catalyst rather than responding to one, this ambiguity is frequently observed. Maintaining current support could help ETH stabilize and draw more demand, particularly if overall market conditions get better. If this is not done, it will be confirmed that the recent strength was merely a brief reprieve within a broader decline.

XRP not ready to break

As price action stays fixed at $2, XRP is once again putting investors' patience to the test. This area has become a technical and psychological battlefield, as numerous attempts to push higher have failed. Even though XRP has avoided a more severe collapse, the asset is still in a state of uncertainty due to its incapacity to make a strong move above $2.

Technically speaking, $2 functions as both support and resistance based on momentum. There has been selling pressure on every rise to higher levels, indicating that market players are still wary. Near this range, buyers are entering the market, but not with enough vigor to force a clear breakout.

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Because of this, XRP keeps moving sideways, which reduces volatility and postpones making a directional decision. The larger structure suggests a possible double bottom formation despite this reluctance. Price has repeatedly tested the same lower zone without decisively declining, which frequently indicates seller fatigue.

The foundation for a reversal may be set if XRP is able to maintain this region and create higher lows. Confirmation is what makes a double bottom significant. The market's wait-and-see attitude is reinforced by volume behavior. Rebounds lack follow-through, but selling spikes continue to occur during downward movements.

A persistent rise above $2 would probably swiftly alter perception and confirm the double bottom theory, paving the way for a more extensive rebound.

XRP hits 'Extreme Fear' as price slides below $2.00

The retail cohort isentering a state of full-scale capitulation on XRP.

Market sentiment. Social sentiment around XRP has flipped to “Extreme Fear” following a sharp 19% correction from its Jan. 5 year-to-date high.

According to the latest social sentiment data, XRP has fallen into "Extreme Fear" territory. This comes after a disappointing 19% correction from its year-to-date highs on January 5. The drop has soured the mood among small retail traders. They went from euphoria to pessimism within less than three weeks.

Since peaking near $2.40 in the first week of January, XRP has bled value. The popular altcoin recently plunged back under the psychological $2.00 mark.

Contrarian signal. If this pattern repeats, the current fear-heavy environment could mark a local bottom.

However, seasoned market watchers note that such extreme negative sentiment often acts as a counter-indicator. Historically, when the "crowd" consensus leans heavily bearish, prices have a tendency to move in the opposite direction. Late shorts end up being squeezed.

If history repeats, the current wave of pessimism could mark a local bottom, setting the stage for XRP to challenge resistance levels once the fear subsides.

SHIB volume collapses, signaling market apathy

Shiba Inu volumes at yearly lowsfollowing an abrupt end of accumulation that was present recently.

Volume down. Shiba Inu trading volume has dropped to its lowest level of 2026, marking the weakest participation seen on the chart this year.

The price is not enough to conceal the issue Shiba Inu is facing. More information about the current condition of the asset can be found in the fact that trading volume has fallen to its lowest point in 2026 than any candle on the chart.

By SHIB's standards, activity is essentially nonexistent, indicating a blatant lack of conviction on the part of both buyers and sellers. Instead of trading, at the moment, SHIB is drifting.

No accumulation. This behavior is typically associated with an asset losing attention, not one preparing for a decisive breakout.

Reactions to market movements are muted, price fluctuations are small and volatility is decreasing.

Rather than when an asset is getting ready for an aggressive breakout, this type of behavior typically manifests when it loses focus. SHIB continued to maintain at least moderate participation — even during prior pullbacks.

The volume has nearly vanished this time. Context is important, but low volume is not always bullish or bearish. In the case of SHIB, volume did not compress during accumulation at a distinct bottom or following a robust rally.

Dogecoin eyes Bollinger Band breakout as volume and momentum improve

DOGE is stilltrading below a crucial support, but there are indications of a potential 30% breakout.

30% volatility. Dogecoin is trading between its lower Bollinger Band at $0.1226 and upper band at $0.1554, implying a volatility range of roughly 30%.

Dogecoin’s lower Bollinger Bands show the meme coin’s price at $0.1226, while the upper bands sit at $0.1554. If market forces align and ecosystem bulls support the meme coin, a rally is possible. Notably, the difference between the lower and upper Bollinger Bands is approximately 30%.

Thus, if DOGE breaks by at least this percentage, the asset could climb over $0.16. Within the last 24 hours, Dogecoin has climbed from a low of $0.1207 to $0.1285. This suggests that the meme coin is in a bullish mode and could continue on this momentum.

The trading volume has also soared by 5.39% to $1.38 billion as investors rekindle interest in the meme coin amid a market rebound. The crypto market is posting a notable recovery and has climbed by 1.79% in the last 24 hours.

JurrienTimmer, Fidelity’s director of global macro, hasquestioned whether Bitcoin’s bounce to $95,000 is a return to trend or a "countertrend" trap.

The executive has warned that the "huge outlier" status of Bitcoin’s momentum curve may signal that further rebalancing is required before a true bottom is established.

In a Friday market update, Timmer compared the underwhelming performance of the world’s largest digital asset to the robust performance of gold. The latter continues to set new highs as a reliable hedge against global monetary expansion.

The $116 trillion benchmarks

Timmer’s analysis begins with the "ever-expanding" global money supply, which currently sits at a staggering $116.5 trillion and is growing at an annualized rate of 11.4%.

According to the Fidelity executive, gold is doing exactly what it is designed to do in this environment: "Gold has continued to perform extremely well amid this evolving global world order," Timmer noted.

However, the signal for Bitcoin is far less clear. The cryptocurrency corrected sharply and then rallied from $80,000 to the $95,000 range.

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"It’s hard to know whether the correction is over and the uptrend is resuming, or whether the rally from $80k to $95k is a countertrend bounce," Timmer wrote.

Timmer pointed to two critical liquidity metrics that suggest institutional exhaustion. First, futures interest has "dropped substantially," meaning that leverage is leaving the system. Moreover, inflows into spot Bitcoin ETFs have cooled substantially.

The momentum outliner

Perhaps the most bearish note in Timmer’s assessment is his view of Bitcoin’s "momentum curve." He described the asset’s recent price velocity as a "huge outlier" compared to historical norms and other asset classes.

"Perhaps some rebalancing is in order here as well," Timmer concluded.

Timmer’s analysis offers a sobering reality check for some bulls who believe that the worst is already over.

According to a recent report by prominent French media outlet Le Parisien, "Shiny Hunters", the infamous hacker group, contacted the management team of tax firm Waltio earlier this week with a ransom demand.

To prove their access, the group provided samples of the stolen database, which includes email addresses and detailed cryptocurrency balance information for the 2024 fiscal year.

Banking details, tax filings, and administrative ID data were not compromised as a result of the attack. However, it is still a critical "OpSec" failure for French investors.

The rising selling pressure seen across the crypto market has also extended to the U.S. spot Bitcoin ETF ecosystem, as they have continued to see poor performances over the past days.

Amid the broad market slowdown, the Bitcoin funds have not injected any fresh capital recently. As such, they recorded a fourth straight day of net outflows on January 22.

Bitcoin ETFs log $32.11 million in latest outflow

According to data provided by SosoValue, the total daily ETF flows fell by $32.11 million during their last trading session, marking an extension of steady outflows seen over the past four days.

This negative performance extends a short-term bearish trend seen across the market and other ETF products, although the broader ETF market still holds significant cumulative gains.

Despite the daily outflow, the cumulative total net inflow across U.S. Bitcoin spot ETFs remains strong at $56.60 billion. This suggests that the four-day outflow streak may have been triggered by a short-term recession, implying that long-term investor interest has not disappeared.

BTC ETFs retain impressive trading volume

Despite the poor performances seen across the Bitcoin funds, the data further showed that the total value traded on Thursday alone reached $3.30 billion, suggesting active participation from investors even amid the cautious sentiments.

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Alongside the consistent ETF withdrawals, Bitcoin has remained in the red zone, showing negative price movements over the past days, as investor confidence appears to be weakening.

While Bitcoin has failed to retain the bullish momentum it started the year with, it has lost the crucial $90,000 level and is now hovering around $88,785 as of writing time. The leading cryptocurrency has slumped by 0.89% over the last day.

BlackRock leads with highest daily ETF withdrawal

While BlackRock has remained a key player in the Bitcoin ETF market, the outflow seen on January 22 was driven majorly by its IBIT fund, which solely recorded about $22.35 million in net outflows on that day.

Fidelity, on the other hand, supported BlackRock in the heavy withdrawals, as it saw $9.76 million exit its fund on the same day. Thus, most other spot Bitcoin ETFs, including Grayscale, Bitwise, and Ark & 21Shares, saw flat flows for the day, neither adding nor losing capital.

Bitcoin currently trades near $93,750, a level that sits roughly 25% below its $126,080 peak reached in October 2025.

Bitcoin has so far struggled to reclaim the make-it-or-break-it $100,000 level, but Bill Miller IV, chief investment officer of Miller Value Partners and son of legendary fund manager Bill Miller III, says that he remains "a huge bull."

The Miller family's "digital gold" origins

The Miller family’s journey into Bitcoin is one of the most successful "early adopter" stories in institutional history.

Bill Miller III, a titan of value investing famous for beating the S&P 500 for 15 consecutive years, first encountered Bitcoin in 2012.

Being inspired by a pro-BTC lecture, he allocated roughly 1% of his personal net worth at an average cost of just $200 to $700 per coin.

By early 2022, Miller III revealed that Bitcoin and other digital assets had grown to represent roughly 50% of his personal net worth. He described it as "insurance against a financial catastrophe" and the only economic entity where supply is completely unaffected by price.

Bill Miller IV followed in his father’s footsteps and became one of the most vocal proponents of the "Bitcoin as the denominator of capital" thesis. In a March 2025 interview, Miller revealed that he continues to buy Bitcoin every single day. "It's the last thing I'd ever sell," he said.

Despite Bitcoin's underperformance, it seems like Miller's conviction has not budged.

A "higher base"

Miller IV’s current optimism is grounded in a "zoom out" philosophy. Despite Bitcoin trading near $93,750 (down approximately 25% from the $126,080 all-time high set in October 2025), he views the current price action as a healthy consolidation.

In a recent CNBC appearance, Miller IV argued that Bitcoin has established a "higher base" than it did in the spring of 2025. He pointed to three "massive tailwinds" for 2026.

Miller noted that the transition of capital markets to blockchain infrastructure is a "whole new ballgame" for the utility of the flagship coin.

Miller also reminded investors that Bitcoin has never closed two consecutive years in the red. However, this historical trend could be broken this year.

Sellers are dominating over buyers at the end of the week, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has increased by 0.29% since yesterday.

On the hourly chart, the price of BTC has made a false breakout of the local support at $88,548. However, if a bounce back does not happen by the end of the day, one can expect an ongoing decline to the $88,000 zone tomorrow.

On the longer time frame, the situation has not changed much. The rate of the main crypto keeps accumulating energy for a further move.

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In this case, further consolidation in the area of $88,000-$91,000 is the most likely scenario.

From the midterm point of view, the picture is more bearish. If bears' pressure continues, traders might witness a test of the support at $85,225 in the next month.

Bitcoin is trading at $89,139 at press time.

Michael Saylorwants everyone to zoom out, and he's got a point. Since adopting the Bitcoin Standard in August 2020, Strategy stock (MSTR) has returned 1,202%, nearly doubling Bitcoin's own 650% gain over the same period. And he is not letting Wall Street forget it.

The chart Saylor posted shows MSTR outperforming BTC, gold, QQQ, SPY and real estate and bond benchmarks. At first glance, MSTR seems like the ultimate high-betaBitcoin proxy, and the numbers prove it.

According to Bitcointreasury, Strategy now amasses 709,715 BTC, which is about $63.1 billion. The average purchase price is $75,974, which is only slightly below the current spot price, giving the firm a modest +17% unrealized profit.

But its equity valuation tells a more complex story. With a basic market cap of $46 billion and enterprise value of $61 billion, the stock trades at a substantial premium to the fair market value of its BTC holdings.

NAV multipliers range from 0.729 to 0.964, depending on the method. This suggests that sentiment, leverage and anticipation of more aggressive accumulation are already built in.

Bottom line for Strategy, and it is extremely close

If you look at a long-term chart comparingBTC and MSTR, you will see that both assets tend to move in sync. But MSTR supercharges Bitcoin cycles, often with huge surges followed by brutal crashes. Even so, since late 2022, it has been outperforming BTC again on the regular.

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If BTC hits $250,000 in this cycle — a target Saylor has mentioned before — MSTR could double again from current levels, keeping its spot as the hottest BTC proxy on public markets.

But if Bitcoin does not manage to even return to the $100,000 zone or drops back to $60,000 due to whatever reason, Saylor & Co. might lose its edge fast. This could mean a drop to between $40 and $45 per MSTR, especially if they sell even one BTC from the bag.

The market has almost turned back to red, according to CoinStats.

ADA/USD

The price of Cardano (ADA) has declined by 0.78% over the past day.

On the hourly chart, the rate of ADA might have set local support at $0.3525. As more than 50% of daily ATR has passed, there are low chances of seeing sharp moves by tomorrow.

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However, if the bounce back does not happen, traders may witness an ongoing correction to the $0.35 zone over the weekend.

On the longer time frame, there are no reversal signals yet. The volume remains low, which means bulls are not ready yet to seize the initiative. All in all, traders can expect a test of the support at $0.3393 by the end of the month.

ADA is trading at $0.3564 at press time.

Solana has completed a death cross on its three-hour chart, as the broader crypto market extended the sell-off since the start of the week.

The three-hour MA 50 has fallen below the MA 200, confirming a death cross as the Solana price trades in red across major time frames. At press time, SOL was down 1.74% in the last 24 hours to $125.83 and down 12.08% weekly.

The crypto market is mostly trading in red early Friday despite gains in equities, accompanied by a weaker U.S. dollar.

The Solana price has traded sideways, stuck in a range between $116 and $161 since November. The impact of the recent death cross, occurring on a short term frame, might not be so significant given this fact.

Unless Solana makes a definitive move either up or down, its chances of sideways trading remain in the coming days.

$100 next?

For now, traders seem to be taking a pause to decide the market's next move and adjust accordingly. Solana faces immediate resistance at $132 and $135, which coincides with the three-hour MA 50 and 200.

Momentum indicators such as the RSI stay bearish, currently below 40, which is intermediate between neutral and oversold levels. Further declines might target support at $116 and then $100, where buyers might step in as Solana gets oversold.

Solana upgrade looms

According to Anza, a Solana-focused research and development firm, Agave v3.1 upgrade is approaching. This release of the Solana validator client is expected to bring RPC improvements, validator memory changes and protocol upgrades.

This includes performance gains for validators with restart times reduced to a couple of minutes. Disk I/O during replay is cut by nearly 93%, from over 1,100 ops to under 80 within a 10-second window. This will reduce jitters in banking and replay while extending disk lifetime.

Bears have seized the initiative at the end of the week, according to CoinMarketCap.

BNB/USD

Binance Coin (BNB) is an exception to the rule, rising by 0.24% over the last 24 hours.

Despite today's slight rise, the rate of BNB is looking bearish on the hourly chart. If the daily bar closes below the $885.69 level, the decline is likely to continue to the $880 zone over the weekend.

On the longer time frame, the situation is unclear as the price of the native exchange coin is far from main levels. In this case, sideways trading in the narrow range of $875-$895 is the most likely scenario over the next few days.

From the midterm point of view, the rate of BNB is going down after a false breakout of the resistance at $941.06.

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If the weekly candle closes around the current prices or below them, traders can expect a test of the $800 area in the upcoming month.

BNB is trading at $884.16 at press time.

XRP has continued its price stagnation as it fell by over 1.3% in the last 24 hours. This pushed its weekly losses to over 7.5% as apprehension set in for market participants ahead of February. Historically, XRP has posted the worst monthly average in the month, and with the price on a steady decline, 2026 might record a massive sell-off.

XRP price outlook not getting better

Cryptorank data reveals that in the last 12 years, XRP has only managed to finish in the green four times for the month of February. The remaining eight years have ended in significant losses for the altcoin, with a monthly average of -5.30%. This is because February has one of the highest average sell-offs for the asset.

A combination of high sell-off and poor price performance appears to be the perfect recipe for another bearish February in 2026.

In the last five years, for instance, XRP managed to avoid this path only in 2022 and 2024, where it closed 26.3% and 17.1%, respectively. In February 2025, XRP closed down 29.3% to record the second-highest sell-off of the asset in its history. It was surpassed only by the 33.4% drawdown recorded in 2014.

Besides historical precedence, XRP’s technical signals are currently bearish. The Relative Strength Index (RSI) at 41.89 indicates bearish momentum but not oversold. This suggests that the coin could still face further declines before January ends.

It has been trading below key support levels, which has raised concerns that XRP might see a deeper correction.

XRP has been fluctuating between a daily low of $1.89 and a high of $1.93 in the last 24 hours. As of press time, XRPexchanges hands at $1.89, which represents a 1.73% decline. The trading volume has also plunged by a massive 41.77% to $2.1 billion within the same time frame.

If XRP closes January on this bearish note, it could put more pressure on February, as investors’ confidence would have taken a hit.

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Does extreme fear signal XRP turning point?

As U.Today reported, within the last 48 hours,extreme fear has gripped XRP retail traders.

This was triggered by a 19% correction from its Jan. 5 year-to-date highs. Notably, from a peak of $2.40, the coin has reversed gains, breaching the $2 support level.

Market watchers, however, claim this development could signal a possible price rebound. According to data, prices tend to move in opposite directions under conditions of extreme fear. It remains to be seen if XRP could achieve that in the next week.

Binance transferred 17.5 billion SHIB tokens to a cold storage address, causing fresh speculation aroundShiba Inu's price.

Spotted four hours ago on the Ethereum blockchain, as visible on anArkham chart, funds were moved from a Binance hot wallet (0x28C) to its internal cold wallet (0x4fd), routed via the Shiba Inu contract (0x95a).

On-chain records confirm no ETH was transferred, with a total gas cost of less than $0.01, but it is the "when" that may get SHIB holders to scratch their heads.

Large hot-to-cold wallet shifts by exchanges signal one of three things: user withdrawals secured offline, consolidation for liquidity management or preemptive asset positioning.

In this particular case, the absence of an outflow spike and the internal nature of the transaction suggest that the move is more about storing things differently than warning about a sell-off.

Shiba Inu (SHIB) price reaction: Unveiled

SHIB's price action post-transfer confirms the theory. As of press time,SHIB/USDT was trading sideways at $0.00000788, almost no change since the event. No abnormal sell pressure was detected, and volumes remained consistent with the previous 24-hour trend.

This suggests the transfer has not triggered fear or exit behavior from investors.

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Even so, the wallet that got the SHIB is one of Binance's well-known deep storage reserves. These are usually used to store tokens for a long time. If the price of theShiba Inu coin starts to bounce around a lot this week, it might be a signal that the cold wallet shift is part of a bigger strategic rebalancing plan.

For now, though, Shiba Inu seems to be untouched by internal Binance flows — at least on-chain.

After an earlier drop, Shiba Inu open interest saw a surprising reversal, flipping back into the green.

Shiba Inu's open interest, an indicator of liquidity on the markets, increased 0.45% in the last 24 hours to $87.19 million, according to CoinGlass data.

While the increase might seem small, it remains significant given a prior drop as Shiba Inu price fell with traders reducing exposure.

The slight increase in open interest comes despite Shiba Inu's price drop. At press time, SHIB was down 0.51% in the last 24 hours to $0.00000786 and down 6.06% weekly.

SHIB price action

The crypto market is largely trading in the red, as gains in equities and a weaker U.S. dollar failed to translate into a sustained rise for crypto after a volatile week.

The Shiba Inu price was likewise down, falling 8.15% weekly. Most major cryptocurrencies remain down between 7% and 12% over the past week, indicating that sentiment on the crypto market remains fragile.

As Shiba Inu open interest rebounds, the current setup hints at a reset as leverage gets flushed out of the market. This reset is, however, a quiet one, as volumes drop across spot and derivatives markets.

According to CoinMarketCap data, Shiba Inu trading volume across spot exchanges is down 27.87% in the last 24 hours to $82.26 million.

Traders seem to be taking a pause to decide the market's next move and adjust accordingly. Shiba Inu faces immediate resistance at $0.000008, which coincides with the daily MA 50. Since Jan. 14, attempts by Shiba Inu to reclaim this level have not succeeded.

If $0.000008 is conquered, Shiba Inu will aim at $0.000009 and $0.00001 next, while support is expected in the $0.000007 range if the price drops further. Another possibility is sideways trading below the daily MA 50 before the next upward move.

Cardano (ADA), the 10th-ranked cryptocurrency by market capitalization, has suffered a 43% collapse in trading volume. This massive crash has negatively impacted the price outlook as the coin reversed mild gains to settle at a multiweek low.

Cardano hits multiweek low as RSI flags weak demand

CoinMarketCap data shows that Cardano dropped by 43.07% in volume within the last 24 hours as bearish sentiment prevailed on the market. Amid marketwide fluctuations, there was no positive Cardano-specific news to stimulate investors and market participants to hang on.

Cardano was also a victim of risk avoidance, which spread across the broader cryptocurrency market. Even the leading digital asset, Bitcoin, lost its grip on the $90,000 level. The slip has affected the top 10 assets, pushing them into the red zone except Circle (USDC) and Tron (TRX).

However, while the total market cap slipped by 0.98%, Cardano fell by 1.22%. Cardano’s Relative Strength Index (RSI) at 41.64 suggests that ADA is approaching oversold conditions. However, the current low demand for ADA might prevent a rebound for the coin.

Earlier in January, Cardano was able to soar to$0.42 as its volume spiked by 72% when German banking giant DZ Bank added the asset to its platform. DZ Bank, a traditional financial platform, included ADA as part of the product it offers its users, a move celebrated as a win for crypto in the region.

Currently, ADA is fluctuating between a daily range of $0.3558 and $0.3651. As of press time, Cardano exchanges at $0.3596, which is a 0.99% decline in the last 24 hours. If low volume persists, this could cause further slips, resulting in a decline toward the next support at $0.30.

The altcoin appears to lack any bullish catalyst to neutralize the strong sell pressure, which is pushing the price down at the moment.

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Bullish Cardano developments fail to ignite price recovery

Interestingly, the Cardano community had highlightedfive developments that were considered bullish for the asset in 2026. These include finalization of CIP for Leios, a new Cardano ETF application, Google Cloud launching a stake pool on testnet and the listing of the "new Cardano" on Coinbase.

Proponents had been optimistic that these could trigger a rally for the coin on the crypto market. So far, these have failed to provide the spark to fire up ADA.

Despite the poor price performance and volume decline, Cardano has managed toretain its top 10 status. It was able to avert exiting the elite club because of a marketwide decline that affected its closest rival, Bitcoin Cash.

Cardano has skyrocketed 10,327% in futures volume as the derivatives market faces a quiet reset.

According to CoinGlass data, Cardano futures volume rose 10,327% on the Bitmex crypto exchange in the last 24 hours to $119.67 million.

This comes amid a drop in total volumes across the derivatives market, falling 30% in the last 24 hours, according to CoinGlass data. Cardano's open interest has dropped 2.4% in the past day, reaching $646 million.

The ADA price was likewise down in this time frame, falling 0.97% to $0.36 and down 8.15% weekly. The current setup hints at a reset as leverage gets flushed out of the market.

The crypto market is largely trading in the red, as gains in equities and a weaker U.S. dollar failed to translate into a sustained rise for crypto after a volatile week.

Most major cryptocurrencies remain down between 7% and 12% over the past week, indicating that sentiment on the crypto market remains fragile.

Cardano four-hour death cross appears

Cardano has just completed a death cross, the first such signal in the year 2026. The four-hour MA 50 has fallen below the MA 200, confirming a death cross. The last time such appeared on the four-hour chart was in December 2025.

Momentum indicators are suggesting the likelihood of sideways trading action, with the RSI slightly below 50 on most time frames. If the market recovers, ADA might target the $0.39 level ahead of $0.5 and $0.6. Support is expected at $0.33 if the price drops further.

In other news, total transactions on the Cardano mainnet have surpassed 118,400,990.

Cardano founder Charles Hoskinson, Midnight Foundation President Fahmi Syed, Cardano Foundation CTO Giorgio Zinetti and CEO of Emurgo Phillip Pon are set to participate in a Cardano spotlight panel at the upcoming Consensus 2026 event.

The underlying fundamentals of XRP reveal a very different picture despite the fact that its price action has been trapped in a slow corrective phase. Transaction activity, one of the primary XRP Ledger metrics, has increased by almost 100% and, more significantly, is maintaining these high levels.

Ledger gains more power

Even though price finds it difficult to reflect it, it indicates a structural change occurring beneath the surface. According to on-chain data, the quantity of transactions carried out on the XRP Ledger has increased significantly and steadily over the previous few months.

Activity is continuously high rather than experiencing a one-day peak followed by a decline. In the past, this kind of behavior has typically occurred close to turning points rather than at market peaks. It indicates increased settlement demand, increased real usage or increased network interaction, all of which are far more significant than transient candle patterns.

Not so strong on market

The fact that XRP is still trading below major moving averages in terms of price explains why opinions are still divided. Technically speaking, the asset appears compressed and is trading within a wider downtrend channel. But this is precisely where the importance of fundamentals begins. When price lags while on-chain metrics improve, it frequently indicates that supply is being quietly absorbed.

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While buyers are accumulating rather than panicking, sellers are still active. Additionally, there may be a fundamental reversal indicated by the increase in ledger activity. Increased transactions imply that XRP is being used more frequently for transfers than just speculation.

As a result, the market structure's altered price is now anchored to network utility rather than being solely determined by leverage and hype. This change creates a foundation that is difficult to shatter, but it does not instantly result in explosive moves.

Billy Markus is widely known on social media as Shibetoshi Nakamoto, and he is one of the two founders of Dogecoin.

In a recent X post, Markus published an image with a headline about a hefty amount of Bitcoin lost by an individual 12 years ago. These days, this crypto stash would have made this person a multimillionaire with an almost $800,000,000 fortune in crypto.

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DOGE creator comments on big Bitcoin wallet loss

The image posted by Shibetoshi Nakamoto shows a big garbage dump and an image of a person sitting at his desktop computer. The news title in the image states that after 12 years, the person who lost $742 million worth of Bitcoin held on a hard drive “finally stops searching.”

One of the commentators asked the Grok AI chatbot for clarification of this information. Grok responded that the person in the image was James Howells, who lost a hard drive containing 8,000 Bitcoins back in 2013. However, the AI pointed out that, while the loss indeed took place, media reports about Howells stopping searching for his lost fortune are rather mixed.

Today, 8,000 Bitcoins would be valued at $713,240,560.

Markus commented on this news, tweeting: “I know the feeling.” This suggests that perhaps the creator of Dogecoin regrets not stacking BTC in its early days, when he had a chance. Last year, Markus revealed his current Bitcoin holdings, and they constitute only around 0.003 BTC, which is the equivalent to around $267,48 in fiat.

i know the feeling pic.twitter.com/m87v03uQIg

— Shibetoshi Nakamoto (@BillyM2k) January 23, 2026

Tim Draper reveals his Bitcoin history

Famous tech investor Tim Draper, one of the first to invest in Skype, Tesla and SpaceX, has shared on X when he first bought Bitcoin and why he did it. Per the tweet, Draper first acquired Bitcoin at $4 per coin — more than 10 years ago. However, he did it not because he understood blockchain or because he “saw the future.”

I initially bought Bitcoin for $4 per coin.Not because I understood the tech (I didn't).Not because I saw the future (I couldn't).But because someone explained how digital currency could change the world for people who didn't have traditional banking access.I had… pic.twitter.com/hY7njHKsOg

— Tim Draper (@TimDraper) January 22, 2026

The reason for buying Bitcoin was that somebody had explained to Draper “how digital currency could change the world for people who didn't have traditional banking access.” He bought $250,000 worth of BTC after investing the same amount into CoinLab. Draper then lost his first BTC during the infamous Mt. Gox hack, but he bought more.