A return to all-time highs would put Shiba Inu near $0.000088 — a price level the token has not touched since 2021. That target is back in focus after an analyst flagged that SHIB is trading inside the same accumulation zone that previously sent the meme coin surging by four digits. Related Reading: Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy Analyst Pins Target At $0.000087 Crypto Patel, a market analyst, published a chart showing SHIB sitting inside what he calls “Support Zone (Accumulation Zone 1).” According to the analyst, buyers flooded this same zone twice before — once in 2021, which produced a 1,660% rally, and again in 2024, when the token climbed 746%. The current price, around $0.000006, sits above his key floor at $0.000004. If that floor holds and buying pressure builds, Patel projects the token could climb as high as $0.00008789 — a gain of roughly 1,364% from where it trades now. $SHIB Is Back At The Exact Zone That Pumped It 1660% & 746% Before…???? Will #SHIBAINU 20x This Alt Season? pic.twitter.com/7V7RMXWH9J — Crypto Patel (@CryptoPatel) April 18, 2026 The full bullish projection puts the move at 2,200%, though Patel himself raised doubts about whether that ceiling is reachable, even in a strong altcoin market. The token has spent years trying and failing to reclaim the heights it hit in 2021. That year marked both its all-time high and the last time it traded anywhere near the projected target. A Tightening Chart Pattern Adds To The Setup A descending resistance line has been pressing down on SHIB’s price over time, squeezing the range in which it trades. According to the analyst, that compression is approaching its end. When such patterns resolve, prices tend to move sharply in one direction. The question is which direction. On-chain data adds a layer of nuance. Reports indicate that SHIB’s exchange netflow turned negative recently, with a net outflow of 41.67 billion tokens. When more coins leave exchanges than enter, it often signals that holders are moving assets into personal wallets — a pattern associated with accumulation rather than selling. That said, over 81 trillion SHIB tokens remain on exchanges, a figure that dwarfs the recent outflow. Related Reading: Rave Token Crashes 95% As Manipulation Allegations Trigger Panic Bears Still Hold The Advantage On Longer Timeframes Not all analysts share Patel’s optimism. Separate reports note that SHIB remains caught in a pattern of lower highs, with resistance stacked between $0.0000073 and $0.0000079. A drop below current support could pull the price toward $0.0000051, according to those projections. The picture, for now, is split. The technical setup that Patel points to has delivered before. Whether history repeats depends on whether buyers show up in force at the levels that matter. Featured image from Unsplash, chart from TradingView
Iran's shift to military-security governance may heighten internal tensions and external conflicts, impacting regional stability and global relations.
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Geopolitical tensions highlight Bitcoin's vulnerability to external shocks, affecting market confidence and future price expectations.
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Institutional interest in Bitcoin amid low exchange reserves could drive price volatility and influence market dynamics significantly.
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A sideshow stablecoin yield debate has dragged the market structure bill through months of delay, even as the Senate's available floor time diminishes for 2026.
Advisory council says validator signatures and wallet cryptography could be vulnerable if future quantum computers break current encryption.
A new documentary digs into Bitcoin’s origins, reframing the search for Satoshi Nakamoto as both a technical investigation and a deeply human story.
In just under three weeks, cyber operatives linked to the Democratic People’s Republic of Korea (DPRK) have stolen more than $500 million from crypto DeFi platforms. This marks a drastic escalation in Pyongyang’s state-sponsored campaign to bankroll its weapons programs through cryptocurrency theft. Drift and KelpDAO drive North Korea's over $500 million DeFi exploits Notably, […]
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The cancellation heightens geopolitical instability, impacting diplomatic efforts and increasing market volatility amid rising US-Iran tensions.
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Pakistan's diplomatic engagement highlights potential for regional stability, yet market skepticism persists without formal ceasefire confirmation.
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Anthony Scaramucci, the financier and SkyBridge Capital founder who briefly served as White House communications director, has made a bold case for Bitcoin’s long-term value. According to him, Bitcoin’s market cap is well on track to reach $21 trillion, and this is because of its fixed supply, its growing institutional footprint, and a monetary trust system built over 16 years without any central authority. But if Bitcoin were to reach a market cap of $21 trillion, how much would 1 BTC be worth? The $21 Trillion Logic Bitcoin has a fixed supply cap of 21 million BTC baked into its protocol and is immutable by design. This means there will never be more than 21 million Bitcoin in existence, and at a point, investors will be able to only own fractions of Bitcoin. Related Reading: Bitcoin Price Could See Another Crash, But What Is The Long-Term Prognosis? According to Scaramucci, Bitcoin has checked every characteristic that has defined money throughout human history. Bitcoin’s edge is that its trust model is decentralized, its supply is fixed, and its network has now operated long enough to gain credibility with both retail and institutional investors. That is why there is a high possibility of its market cap reaching as high as $21 trillion. Scaramucci positions this as a ceiling still below gold’s total market capitalization, which currently stands at approximately $33 trillion according to data from CompaniesMarketCap. This gap is closable, and Bitcoin offers structural advantages in the process. “You can move it faster, you can store it more easily,” he said. “ On a fully diluted basis, the math lands exactly at a round figure for BTC. A $21 trillion market cap divided by Bitcoin’s maximum supply of 21 million coins gives a price of $1 million per BTC. At the time of writing, only 20,018,784 BTC have been mined, which means there are about 981,216 Bitcoin still left to be mined. That’s less than 5% of the total supply. At the time of writing, Bitcoin is trading at about $76,534, which means a rise to $1 million will translate to a 1,200% increase from here. Wall Street Is Coming To Bitcoin Institutional inflow is the most important factor when it comes to the possibility of the Bitcoin price hitting extravagant price targets like $1 million. Notably, Scaramucci cited institutional momentum as evidence that the structural shift is already in progress. Related Reading: Analyst Sounds Bitcoin Warning: This Surge Above $78,000 Should Not Be Trusted Morgan Stanley launched its own Spot Bitcoin ETF on April 8, 2026, trading under the ticker MSBT on NYSE Arca, making it the first major US commercial bank to issue such a product directly. Goldman Sachs is also in the process of launching its Spot Bitcoin ETF, having submitted paperwork to the SEC for the Goldman Sachs Bitcoin Premium Income ETF. Therefore, the question of whether Bitcoin eventually reaches $1 million per coin and a $21 trillion market cap is ultimately a question about the pace and durability of institutional adoption. Featured image from Pixabay, chart from Tradingview.com
Polymarket follows Kalshi into perps, teasing 10x leveraged trading access as prediction markets push deeper into crypto derivatives.
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According to reports, Kalshi plans to launch crypto perpetual futures, expanding beyond prediction markets as regulated derivatives offerings in the US continue to evolve.
New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws.
The laundering incident highlights vulnerabilities in DeFi, potentially prompting stricter regulations and impacting crypto market dynamics.
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The ceasefire extension highlights geopolitical uncertainty, impacting market sentiment and complicating diplomatic efforts with Iran.
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ETH would trade above $250,000 if Ethereum can capture the same monetary premium as bitcoin and gold carry as stores-of-value.
The ongoing military operations highlight the challenges of achieving strategic goals through force, emphasizing the need for diplomatic solutions.
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The UAE's Bitcoin investment signals a strategic shift towards economic diversification, potentially influencing global crypto market dynamics.
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The stalled talks highlight the fragility of diplomatic progress and the market's sensitivity to geopolitical uncertainties.
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Iran's demands complicate diplomatic progress, reducing ceasefire likelihood and highlighting geopolitical tensions and market skepticism.
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The IRGC's power grab may lead to increased regime instability, reducing diplomatic prospects and extending the timeline for change.
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Global fintech firm Revolut is eying a $200 billion IPO, according to a report—but don't expect the move any time soon.
Trump's blockade extension signals a strategic move for negotiation leverage, impacting market dynamics and hinting at a prolonged standoff.
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A new bipartisan bill introduced on Tuesday would give many fintech and crypto payment providers a clearer path to the US payment infrastructure. The new measure, called the Payments Access and Consumer Efficiency (PACE) Act, is designed to create a national payments license that would streamline how qualified companies can access federal payment services, to make digital transfers faster and less expensive for consumers and small businesses. How The PACE Act Could Work The PACE Act, introduced by Representatives Young Kim and Sam Liccardo, is said to include a streamlined federal registration process. Payment companies in the crypto sector could apply for federal registration under clear standards. The legislation also calls for direct access to federal payment networks for approved fintech and crypto companies, alongside what the Representatives describe as robust oversight and enforcement. Related Reading: A Stark XRP Price Call: Why One Analyst Says It Could Be Under $1 By 2031 A key detail raised in the broader discussion of the bill is how it relates to the Federal Reserve’s (Fed) approach to account structures for nonbank participants. As reported by Crypto in America’s Eleanor Terrett, the PACE Act would permit these institutions to access Federal Reserve payment services in a manner aligned with Fed Governor Christopher Waller’s “skinny master accounts” concept—an approach crypto exchange Kraken gained access to earlier this year. The reporting further says the bill would shift final decision-making authority for skinny master account applications to the Federal Reserve Board rather than the individual Reserve Banks. Crypto Groups Back New Proposal Several crypto groups have thrown their support behind the legislation. According to the bill’s official materials, endorsements include the Financial Technology Association, the Blockchain Association, the Digital Chamber, and the Crypto Council for Innovation (CCI). Their collective message is that the bill would modernize access to core payment rails while keeping regulatory guardrails in place, especially for consumer protection and oversight. In remarks accompanying the announcement, Rep. Young Kim said Americans should not have to wait days to access money they are sending to themselves or pay extra just to move funds. The bill, in her view, “modernizes our system to deliver faster payments, lower costs, and helps families and small businesses keep more of their hard-earned money.” Rep. Sam Liccardo also emphasized access and competition for nonbank payment firms, arguing that crypto payment companies have been shut out of the same infrastructure available to competitors. Related Reading: AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack The Crypto Council for Innovation also praised the bill, pointing to its aim to allow businesses with 40 or more money transmitter licenses to comply with a uniform federal regulatory framework overseen by the Office of the Comptroller of the Currency (OCC). The CCI position is that expanding access to Federal Reserve payment services for well-regulated institutions would improve competition, while ensuring strong consumer protection standards are met. The Crypto Council for Innovation said it looks forward to working with Congress to move the legislation forward so Americans benefit from “secure and efficient payment options.” Featured image from OpenArt, chart from TradingView.com
The halt in strikes highlights geopolitical uncertainty, impacting market confidence and complicating prospects for a US-Iran peace deal.
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The intensified scrutiny on Patel could destabilize his position, reflecting broader political vulnerabilities and market volatility.
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The new sanctions likely diminish chances for US-Iran diplomatic progress, impacting market expectations for sanction relief agreements.
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Gold's decline amid geopolitical tension and dollar strength highlights shifting market priorities, potentially altering safe-haven dynamics.
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Carlson's apology may deepen divisions within Trump's base, highlighting potential fractures in the MAGA movement and testing loyalty dynamics.
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