Crypto Chronicles: Shiba Inu’s Resilience, Ripple’s Rants, and Goldman’s Golden Gamble!

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Shiba Inu Makes a Daring Attempt at Stabilization Following a Most Dramatic Breakdown

Our dear Shiba Inu (SHIB) has graciously endeavored to rise above the $0.000006 threshold for the first time since it experienced a rather alarming decline. How droll!

  • A Prolonged Struggle with Selling Pressure. After enduring what can only be described as an unrelenting torrent of selling pressure, our beloved Shiba Inu now seeks to find some semblance of stability amidst its multi-year lows.

Indeed, following this prolonged period of distress that saw the token plummet to alarming depths, it appears that Shiba Inu has decided to make a valiant effort to regain its composure.

Though it momentarily dipped below the most unfortunate $0.000006 mark after a rather severe breakdown earlier in the week, it has managed to reclaim this level, possibly suggesting to traders that the relentless selling might finally be drawing to a close. One can only hope!

Hot Stories, or so they say!
U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF

In the aftermath of several declines most befitting a tragic novel, buyers have been rather audaciously stepping in close to local lows in recent sessions, leading to a slight, if not utterly momentous, rebound.

  • The Downward Spiral Continues. Alas, our brave SHIB remains beneath the declining moving averages, keeping the broader trend decidedly bearish. A most unfortunate affair!

Despite remaining below these ominous moving averages, which continue their descent, one must note that the reclaiming of the $0.000006 level carries some technical significance worthy of our attention. This level now serves as an immediate support area, and the future course of our dear SHIB shall likely depend upon its behavior in this precarious zone.

The pressing question for all investors, I dare say, is whether this most recent rebound heralds the beginning of a longer-term uptrend or if it serves merely as an ephemeral pause in an ongoing decline. Should SHIB manage to maintain its position above $0.000006, it may very well begin to construct a base from which it can aspire towards nearby resistance zones. Fingers crossed!

David Schwartz Utterly Declares Bitcoin a ‘Technological Dead End’

In a most provocative manner, Mr. David Schwartz, the esteemed CTO emeritus of Ripple, has boldly labeled Bitcoin a “technological dead end.” What audacity!

  • The State of Blockchain Innovation. Schwartz contends that Bitcoin’s continued success appears no longer contingent upon any innovation at the blockchain layer. What a revelation!

Mr. Schwartz, a co-creator of the XRP Ledger, has made quite the stir with his assessment of Bitcoin as having fossilized into a mere monetary standard, where “upgrades” are rendered secondary to the most mundane stability.

He has openly confessed to divesting nearly all of his Bitcoin holdings for a sum of $7,500, which is quite the tidy profit, I must say.

  • The BTC vs XRP Debate. In response to a curious inquiry from a member of the XRP community, who was keen to know if Mr. Schwartz might consider contributing to Bitcoin’s development once more, he has most emphatically declined the notion.

“Not really,” he remarked, “I deem Bitcoin largely akin to a technological dead end for the same reasons as the dollar,” thus delivering quite a blow to the cryptocurrency community’s sensibilities.

Goldman Sachs’ Momentous $152 Million XRP ETF Position Represents 14% of Annual Inflows

In a most remarkable turn of events, Goldman Sachs has disclosed its notable position of $152 million in XRP ETFs, a sum that accounts for nearly 14% of net inflows over the preceding year. Fancy that!

  • Inflows into XRP ETFs. The esteemed firm Evernorth has highlighted this significant position, proclaiming it indicative of a thriving market.

According to Evernorth’s enlightening tweets, this $152 million worth of XRP held by Goldman Sachs constitutes a staggering 14% of net XRP ETF inflows throughout the past year. It appears our dear bank is quite invested, figuratively speaking!

In light of recent filings covering the fourth quarter of 2025, it is noted that Goldman’s new positions are held entirely through U.S. spot ETFs, rather than direct ownership of the tokens themselves. How very prudent!

One could surmise that this hefty bet across several issuers – including Bitwise XRP ETF and Grayscale XRP Trust – signifies a burgeoning institutional demand for regulated access to this burgeoning asset class. Such are the intrigues of modern finance!

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2026-02-14 01:38