Shiba Inu golden cross meets profit-taking pressure
Shiba Inu (CRYPTO:SHIB) formed a short-term golden cross after its 50-period moving average crossed above its 200-period moving average on the two-hour chart.

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.
Shiba Inu (CRYPTO:SHIB) formed a short-term golden cross after its 50-period moving average crossed above its 200-period moving average on the two-hour chart.
Trace Finance raised US$32 million in a Series A funding round led by CoinFund, with participation from Coinbase Ventures, Jump Capital, Paxos and other investors.
Minbos Resources (ASX:MNB) has appointed Rob Newbold as its permanent CEO to leverage his 20 years of experience.
A wallet attributed to former Bitforex chief Garrett Jin sold 184,102 Hyperliquid (CRYPTO:HYPE) tokens worth approximately US$13.55 million and realised an estimated profit of US$2.83 million.
Magmatic Resources (ASX:MAG) completed its 6,573-metre Phase 3 drilling campaign at the Weebo Gold Project in Western Australia.
Samuel Bankman-Fried, the former chief executive of FTX, faces new political opposition after US lawmakers introduced a resolution urging President Donald Trump not to grant him a pardon.
Emeco (ASX:EHL) announced its expected 2026 operating EBITDA of $290 million to $295 million following weather and supply disruptions.
The Australian Securities and Investments Commission launched a verified website directory on its Professional Registers Search database to combat clone investment scams.
World Liberty Financial (WLFI), the decentralised finance venture linked to US President Donald Trump and his family, is reportedly nearing a major regulatory milestone that could expand its role in the digital asset sector.
Elicio Therapeutics (NASDAQ:ELTX) announced promising clinical observations regarding its lead immunotherapy candidate, ELI-002 7P, in the treatment of metastatic mKRAS pancreatic ductal adenocarcinoma (PDAC).