Dogecoin & Shiba Inu Hit Resistance: Bear Pressure Builds as Correction Continues
Looks like the dog coins are running out of steam.
Both Dogecoin ($DOGE ) and Shiba Inu ($SHIB ) are back under selling pressure after getting rejected at key resistance levels.
The correction that started last week is still going strong, and the data from derivatives markets is pointing to more downside at least in the short term.
📉 Bearish Sentiment Gaining Ground in Derivatives
Traders are clearly turning cautious on DOGE and SHIB. According to a reliable platform, the long-to-short ratio has dipped to 0.86 for DOGE and 0.82 for SHIB both the lowest they've been in over a month.
Anytime this ratio drops below 1, it means short positions are starting to dominate, which generally reflects a bearish mood in the market.
Also worth noting: funding rates for both coins are sliding. DOGE is sitting at 0.0005%, while SHIB is even lower at 0.0001%.
If these numbers flip into negative territory, it means short traders are paying longs, signaling that sellers are in control. This shift usually precedes more intense downside moves.
• Dogecoin Outlook: Resistance Holds, Eyes on $0.18 Support
DOGE tried to bounce but got stuffed at its previously broken trendline and it’s now trading below $0.19, having lost support from its 50-day EMA and a rising trendline that’s been intact since late June.
If this correction deepens, we’re watching $0.18 as the next major support. A clean break below that could open the door for a retest of the July 1 low around $0.15.
Technical indicators are leaning bearish: the RSI is down at 42, sliding further away from the neutral 50 mark, while MACD is still flashing a bearish crossover signaling momentum is still with the sellers.
That said, if bulls manage to step in and flip resistance into support, DOGE could push back toward the next major level near $0.24.
• Shiba Inu Update: Bears in Control as Price Slips Under EMA
SHIB isn’t faring any better. It broke below its 50-day EMA on July 29, followed by a swift 10% drop over four days. While there was a brief bounce, the move didn’t hold, and SHIB is back around $0.0000119 as of Wednesday.
If sellers stay in control, the next support to watch is $0.0000111. A breakdown from there could send SHIB toward its June 22 low of $0.0000100.
Just like DOGE, momentum indicators are showing weakness. RSI and MACD are both aligned with the bearish outlook no real signs of reversal just yet.
However, if SHIB manages to reclaim its 50-day EMA and hold it, there's a chance for a move toward $0.0000136 the next solid resistance zone on the daily chart.
In short, Both Dogecoin and Shiba Inu are showing signs of deeper correction, backed by growing short interest and weakening momentum.
Until we see a convincing recovery above key EMAs and resistance zones, the bearish setup remains intact.
Athough, I will advise one to keep an eye on those support levels and not to ignore the funding rate flips. A move can come when the market least expects it.
#Memecoin
$SHIB
$DOGE
SEC’s Project Crypto: Bridging Wall Street and Web3 in a New Digital Era
Key Points
The SEC launched "Project Crypto" on July 31, 2025, aiming to integrate blockchain technology into U.S. financial markets, potentially boosting innovation while ensuring investor protection.
It seems likely that this initiative will modernize securities regulations, clarify crypto asset rules, and support on-chain market infrastructure, though challenges like global alignment and flexibility remain.
Research suggests this could benefit DeFi, tokenization, and super apps, but the impact depends on how regulations balance innovation and oversight, with some controversy over regulatory adaptability.
Introduction to Project Crypto
The U.S. Securities and Exchange Commission (SEC) recently introduced "Project Crypto," a significant initiative announced on July 31, 2025, to modernize financial regulations by integrating blockchain technology. This move aims to bridge traditional finance with the crypto world, potentially transforming how securities are issued and traded.
Objectives and Implications
Project Crypto focuses on updating securities laws, bringing markets on-chain, and fostering innovation through an "Innovation Hub." It could clarify regulations for digital assets, benefiting areas like decentralized finance (DeFi) and tokenization, while also supporting the development of super apps that combine various financial services.
Challenges and Considerations
While promising, challenges include ensuring regulations remain flexible for rapid blockchain advancements and aligning with global standards. The balance between innovation and investor protection is crucial, with ongoing debates about how adaptable these rules will be.
Survey Note: Detailed Analysis of SEC's Project Crypto Initiative
Overview and Context
On July 31, 2025, the U.S. Securities and Exchange Commission (SEC), led by Chair Paul Atkins, launched "Project Crypto," an initiative aimed at promoting the integration of finance and blockchain technology. This move aligns with President Trump's vision to position the United States as the "crypto capital of the world," responding to a surge in interest in tokenization, where traditional securities and assets are represented digitally on blockchain platforms. Companies like Robinhood, Gemini, and Kraken have already begun offering tokenized equity offerings outside the U.S., while Coinbase is actively seeking SEC approval for similar initiatives domestically. This context underscores the need for regulatory adaptation, which Project Crypto seeks to address.
The initiative was announced amidst a growing recognition of blockchain's transformative potential in the global financial system. By modernizing securities regulations, the SEC aims to foster innovation, ensure investor protection, and maintain market integrity, potentially setting a precedent for how digital assets are integrated into traditional finance.
✨ Detailed Components of Project Crypto
Project Crypto is a multifaceted initiative with several key components, as outlined in recent SEC statements and news reports:
🔹 Regulatory Modernization:
The SEC plans to review and update existing securities laws to better accommodate digital assets. This includes clarifying the regulatory status of cryptocurrencies and providing a clear path for compliance for issuers of security tokens. For instance, the initiative aims to reduce regulatory uncertainty, which has been a significant barrier for startups and established companies in the crypto space. This is crucial for initial coin offerings (ICOs) and security token offerings (STOs), potentially leading to a surge in legitimate blockchain projects.
🔸 On-Chain Integration:
A cornerstone of Project Crypto is the move towards bringing financial markets "on-chain." This involves leveraging blockchain technology for the settlement and custody of securities, which could lead to faster, more transparent, and cost-effective transactions. By reducing reliance on intermediaries, this shift could revolutionize how securities are issued, traded, and settled, enhancing efficiency and reducing costs for market participants.
🌐 Innovation Hub:
To foster collaboration between regulators and the industry, the SEC intends to establish an "Innovation Hub." This platform will serve as a resource for fintech companies, blockchain developers, and other stakeholders, offering guidance on regulatory compliance and encouraging the development of new financial products. The hub will facilitate dialogue, ensuring that the SEC stays informed about technological advancements and can adapt regulations accordingly.
📘 Educational Initiatives:
Recognizing the complexity of blockchain technology, the SEC will launch educational programs aimed at investors, financial professionals, and the general public. These initiatives will enhance understanding of digital assets, their risks, and their potential, helping to demystify blockchain for a broader audience. This is particularly important given the technical nature of the technology and the need for informed decision-making in the crypto space.
🔍 Implications for the Crypto Industry
The launch of Project Crypto is seen as a watershed moment for the cryptocurrency industry, which has long grappled with regulatory uncertainty. For years, crypto enthusiasts have advocated for minimal interference, while traditional financial institutions have called for stringent oversight. Project Crypto represents a middle ground, aiming to tailor regulation to foster innovation while protecting investors.
One of the most immediate impacts will be on ICOs and STOs. With clearer regulatory guidelines, projects can launch tokens with greater confidence, knowing they comply with SEC requirements. This could attract both retail and institutional investors, legitimizing digital assets as a mainstream investment class. Additionally, the integration of blockchain into traditional finance could open up new avenues for investment products, such as blockchain-based mutual funds and ETFs, bridging the gap between traditional finance and the crypto world.
📊 Potential Impacts on Specific Sectors
Project Crypto's implications extend beyond general market dynamics, potentially reshaping specific sectors within the crypto industry:
🚀 DeFi Growth:
Clearer regulatory guidelines could boost confidence in decentralized finance (DeFi) projects, attracting more institutional investors and fostering further development. DeFi platforms, which have often operated in a regulatory gray area, could benefit from a structured framework that allows them to innovate while ensuring compliance. This could lead to increased adoption and innovation in areas like lending, borrowing, and decentralized exchanges.
🏡 Tokenization of Assets:
Project Crypto may accelerate the tokenization of real-world assets, such as real estate, art, or commodities. By enabling fractional ownership on blockchain platforms, this could make traditionally illiquid assets more accessible to a broader audience, democratizing investment opportunities. This aligns with the growing interest in tokenization, as evidenced by companies like Robinhood and Gemini exploring tokenized equity offerings.
📱 Super Apps:
The initiative could pave the way for the emergence of super apps in the U.S. financial market. Super apps, which integrate multiple financial services into a single platform, have gained popularity in other parts of the world, such as WeChat and Alipay in China. Recently, Coinbase introduced its own super app, offering a range of services beyond trading, including payments and DeFi functionalities. Project Crypto could facilitate the development of similar platforms in the U.S., provided they comply with the new regulatory standards, enhancing user experience and accessibility.
🌍 Global Competitiveness:
By embracing blockchain technology, the U.S. aims to maintain its position as a financial leader, competing with other nations that are also advancing in digital asset regulation and adoption. This initiative could prevent innovative companies from being driven offshore, ensuring that the U.S. remains a hub for blockchain innovation and attracts global talent and investment.
Challenges and Considerations
While Project Crypto holds immense promise, it is not without its challenges. One of the primary concerns is ensuring that the regulatory framework is flexible enough to keep pace with the rapid evolution of blockchain technology. The SEC must strike a delicate balance between providing clear guidelines and allowing room for innovation, as blockchain advancements can outpace regulatory updates. This is particularly important given the global nature of the technology, where new use cases and applications emerge frequently.
Another challenge is the global nature of blockchain technology. Cryptocurrencies and digital assets do not respect national borders, which means that the SEC's regulations will need to consider international implications and potentially align with global standards. This is crucial to prevent regulatory arbitrage, where companies might relocate to jurisdictions with more favorable regulations, and to ensure a cohesive global financial system.
Additionally, there is the question of how existing financial infrastructure will adapt to blockchain technology. Traditional financial institutions will need to invest in new technologies and possibly overhaul their operations to integrate blockchain, which could be a costly and time-consuming process. This adaptation will require significant resources and coordination, potentially slowing the implementation of Project Crypto's goals.
✅ Conclusion
The launch of Project Crypto by the SEC marks a pivotal moment in the integration of finance and blockchain technology. By modernizing its regulatory framework, the SEC is not only addressing the needs of today's digital economy but also laying the groundwork for the financial systems of tomorrow. This initiative has the potential to transform the U.S. financial landscape, making it more innovative, efficient, and inclusive.
As Project Crypto unfolds, it will be crucial for all stakeholders—regulators, financial institutions, blockchain developers, and investors—to engage in constructive dialogue and collaboration. The success of this initiative will depend on its ability to foster an environment where innovation can thrive within a framework of regulation that protects investors and maintains market integrity. The ongoing debate around regulatory adaptability highlights the complexity of this balance, with some stakeholders advocating for more flexibility and others emphasizing the need for stringent oversight.
💬 How do you think it will shape the future of crypto and finance?
🚀 What aspects excite you the most?
Are there any concerns you have about its implementation?
$BTC $ETH $BGB