Dogecoin is currently negotiating a narrow trading range that is surrounded by three significant levels of support and resistance that could impact it in the near future. The asset is currently trading at $0.173, down a little for the day and exhibiting signs of indecision as it lingers in the middle of the price range.

Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.

Shiba Inu price remains volatile hovering around the $0.000012 mark on Wednesday, April 2. Historical market trends offer insights into how SHIB price could react if Ripple (XRP) price races towards the $5 mark in the months ahead.

Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.

Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.

Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.

The crypto market volatility has erased gains recorded after the last dip. Recent fluctuations in the top crypto prices have taken their toll on meme coins, leading to whales plunging into panic mode.

When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?

While Shiba Inu (SHIB) falters today, metrics and recent price action suggest underlying strength. The post What's Fueling SHIB's 5% Rally? Metrics Say This Is Just the Beginning appeared first on Cryptonews.

Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.

TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.

Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) seems to be missing from the headlines lately. However, this may soon change, as despite the lack of action on the price chart of SHIB amid all the broader crypto market turmoil of late, behind the scenes, in the on-chain realm, SHIB is still active.

VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.

Market sentiment comes into play as Shiba Inu tries to flip a 550 trillion resistance bubble into support.

Cryptocurrency market prices experienced turbulent movements on April 2, with most altcoins facing notable pressure across the market. Although Bitcoin remained above $65,000, its rally showed signs of fading momentum.

Shiba Inu has torched more than 115 million SHIB in its sustained deflationary push, a positive shift that is yet to impact the memecoin's price.

Dog-themed cryptocurrency Shiba Inu (SHIB) has recorded 2.38 trillion SHIB in transaction volume over the last 24 hours, according to IntoTheBlock data. This figure might seem impressive, but it represents a drop from 4.54 trillion SHIB recorded on March 31.

Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.

According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.

The bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinMarketCap.

Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.

Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound.

Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.

Japan's Sumitomo Mitsui Banking Corporation (SMBC), the nation's second-largest bank, is set to explore the launch of its own stablecoin.

The meme coin frenzy surrounding Dogecoin (DOGE) and Shiba Inu (SHIB) is seeing a seismic shift as traders pivot to a new high-potential crypto coin: Rexas Finance (RXS). Unlike traditional meme coins, RXS offers real-world asset tokenization, unlocking access to lucrative markets such as real estate and gold.

Shiba Inu price has remained in a consolidation phase in the past few weeks. It dropped from a high of $0.00003322 in November and has stalled at the crucial support level at $0.00001240.

Data shared by popular blockchain tracker Shibburn, which monitors large SHIB transactions to dead wallets and then shares the details on its website and X account, has revealed that over the past day, there has been a massive five-digit increase in the Shiba Inu burn rate.

Over the past week, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 20% and 15%, respectively, as crypto markets await the impact of President Trump's tariff announcements. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1724 $25.6 billion +0.8% -15.9% Shiba Inu (CRYPTO: SHIB) $0.00001233 $7.26 billion -3.3% -20.3% Pepe (CRYPTO: PEPE) $0.057391 $3.1 billion -2.4% -19.2% Trader Notes: Crypto trader Nebraskangooner noted that SHIB's recent breakout was a fakeout, with many altcoins hitting resistance and retracing

SMFG is preparing to launch a stablecoin in partnership with blockchain firm Ava Labs and crypto infrastructure provider Fireblocks. The post SMBC Parent Sumitomo Mitsui Plans Stablecoin Launch with Ava Labs and Fireblocks appeared first on Cryptonews.

Shiba Inu rebounds from recent drop while its Shibarium network reaches one billion transactions in under two years, suggesting growing adoption despite price volatility.

The bank plans to start conducting experiments in the second half of this year for a potential stablecoin launch in 2026.

The SHIB community is once again surfing optimistic tides within the crypto realm with a staggering 12,000% uptick in the Shiba Inu burn rate and a key Shibarium milestone achieved lately. On Wednesday, April 2, burn statistics signaled that over 115 million coins were removed from the circulating supply, whereas transactions on the Layer 2

Cryptocurrencies are coming off a strong year in 2024, the total value of all coins and tokens in circulation having soared to a new record high of $3.9 trillion shortly after the U.S. presidential election in November. President Trump campaigned on a series of pro-crypto policies that could pave the way for new use cases and a fresh wave of value creation in the future.

Shiba Inu's price has gone down nearly 5% in the past day of trading. Meanwhile, Shibarium's total transaction volume has exceeded 1 billion for the first time in history.

Shiba Inu's price action showed conflicting signs of different timeframes- but bulls have the upper hand now.

The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space.

Over 2 trillion Shiba Inu (SHIB) tokens have been withdrawn from major cryptocurrency exchanges in the past week, with Coinbase, Binance, and Uniswap leading the outflows.

The Shiba Inu price continues to trade well below its current all-time high (ATH) of $0.00008845, a level which it attained in the last cycle. Interestingly, SHIB will still fail to touch its ATH even if it were to attain Dogecoin's current market cap.

Fartcoin (CRYPTO: FARTCOIN) is up 19% on the day, with traders pointing out that the popular meme coin is acting as a high-beta play on Bitcoin. Cryptocurrency Price 24-Hour Trend Fartcoin (CRYPTO: FARTCOIN) $0.52 +19% Dogecoin (CRYPTO: DOGE) $0.1736 +3.8% Shiba Inu (CRYPTO: SHIB) $0.00001293 +3.2% Trader Notes: Crypto trader CRG noted that Fartcoin's chart is showing strength.

TL;DR KOR Protocol will launch a blockchain on Avalanche to modernize the registration, management, and monetization of intellectual property. The infrastructure will allow creators to register their works on the blockchain, set permissions, and improve usage traceability.

Sumitomo Mitsui Financial Group, the parent company of Japan's second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin.

Bulls are planning to seize the initiative at the beginning of the month, according to CoinStats.

Recent events point to Shiba Inu (SHIB) and Pepe Coin (PEPE) leading the front stage in the subsequent significant rise. Strong technical indications, committed communities, and market momentum suggest they might beat DOGE in percentage gains during the forthcoming bullish cycle. Shiba Inu (SHIB) shows strong technical and fundamental growth Currently trading at almost $0.

Shiba Inu (CRYPTO: SHIB) is up 5% on Tuesday, with on-chain activity surging and large transactions hitting new peaks. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001283 $7.6 billion +5.5% -4.7% Dogecoin (CRYPTO: DOGE) $0.1711 $25.4 billion +5.1% -8.6% Pepe (CRYPTO: PEPE) $0.057622 $3.2 billion +8.7% -3.9% Trader Notes: Crypto trader CW highlighted that SHIB is rebounding from a buy wall zone, forming additional sell walls along the way.

Dog-themed cryptocurrency Shiba Inu (SHIB) has risen over 6% in the last 24 hours as Shibarium, its layer-2 blockchain, surpassed one billion transactions, a significant milestone for the Shiba Inu ecosystem. This milestone has sparked excitement within the community, highlighting confidence in Shibarium's long-term growth.

The Shibarium community has received a notable warning that could help protect their funds and assets. In an update by Susbarium, the online platform dedicated to exposing scams and protecting community members, users were alerted to possible April Fools' Day scams.

Shiba Inu lead Shytoshi Kusama has once again stolen the spotlight with his recent location update on social media. For context, the Shiba Inu creator has recently mentioned “Cracking The Chrysalis”, which has sparked discussions among investors.