U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF
The post U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF appeared on BitcoinEthereumNews.com.
Shiba Inu attempts stabilization after sharp breakdown SHIB might finally recover as it moves above $0.000006 for the first time since a rapid breakdown. Selling pressure. After months of sustained selling pressure, Shiba Inu (SHIB) is attempting to stabilize near multi-year lows. After months of selling pressure that caused the token to drop to its lowest levels, Shiba Inu is making an effort to level out. SHIB briefly fell below the $0.000006 mark after a severe breakdown earlier in the week, before regaining that level, giving traders a possible early indication that selling momentum may finally be slowing. U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF Ripple’s Schwartz: XRP Has No Issuer Following several drops, buyers have been stepping in close to local lows in recent sessions, resulting in a slight rebound. Price downtrend. SHIB remains below declining moving averages, keeping the broader trend bearish. Although SHIB is still trading below moving averages that are still sloping lower, the overall trend is still bearish. However, the technical significance of the $0.000006 zone reclamation is noteworthy. This level now serves as an immediate support area, and the subsequent stage of movement will probably be determined by how the price moves around it. The crucial question for investors is whether this rebound is the start of a longer-term uptrend or merely a brief lull in a longer-term decline. It might start creating a base if SHIB can maintain above $0.000006, which would enable the token to try a recovery toward adjacent resistance zones. David Schwartz calls Bitcoin a ‘technological dead end’ Ripple’s CTO emeritus has provocatively labeled Bitcoin a “technological dead end.”. Blockchain innovation. Schwartz argued that Bitcoin’s success no longer depends on technological innovation, particularly at the blockchain layer. David Schwartz,…
Filed under: News - @ February 14, 2026 2:27 am