Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Shiba Inu (SHIB) And Dogecoin (DOGE) Are Poised For Recovery – Can They Mirror Their Last Bull Run?

Cryptocurrency markets remain cautious following recent volatility. Shiba Inu and Dogecoin , known for their past price surges, have experienced stagnation but are now drawing renewed attention after a modest market rebound. This article assesses whether SHIB and DOGE have the potential to stabilize and regain momentum in this uncertain climate. Shiba Inu Price Analysis: Short-Term Recovery Amid Long-Term Decline SHIB ’s price rose by 3.74% in the past month while sliding 32.41% over the last six months. This indicates a modest recovery, though it remains overshadowed by a significant drop in the long term. The performance shows volatility, presenting opportunities for tactical moves despite the prevailing downward trend. Currently, Shiba Inu is trading in a range from $0.0000102 to $0.0000151 dollars. Bulls face resistance at $0.000018 and again at $0.0000226, while support exists near $0.0000081 and $0.00000325. A Relative Strength Index of 44.79 combined with negative momentum indicators suggests market indecision. Traders should watch for moves above resistance signaling a bullish shift or dips toward support for potential buying opportunities. Dogecoin`s Steady Six-Month Surge Amid Short-Term Fluctuations Dogecoin posted a modest monthly gain of 1.55% and an impressive six-month jump of 41.73%, with a brief one-week drop of 3.62% highlighting short-term weakness. Price action showed clear recovery over the longer period despite temporary setbacks and regular fluctuations. Gains over six months suggest underlying strength while minor corrections remind traders of recent volatility. Price performance has been marked by periods of consolidation following intermittent dips. Current trading sees Dogecoin moving between a price range of $0.1258 and $0.2253. A resistance level appears at $0.2837 and support forms around $0.0847. Bears subtly influence the market, and the setup lacks a clear trend. Trading ideas include operating within these levels to catch incremental moves while staying cautious of short-term oscillation signals. Conclusion SHIB and DOGE have strong support from their communities. Their previous successes show that rapid growth is possible. Market conditions play a key role in their recovery. Both coins have the potential to surge again, mirroring past achievements. Consistent development and active community engagement could boost their prospects. Many investors believe in their potential for another significant rise. Careful monitoring of market trends and updates is essential. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. U.Today

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DOJ Crypto Enforcement Memo Has No Bearing on Do Kwon’s Criminal Case, Prosecutors Say

NEW YORK, NY — A recent U.S. Department of Justice staff memo dismantling the DOJ’s crypto unit and narrowing the scope of its crypto-related enforcement priorities will have no impact on the prosecution of Terraform Labs co-founder and former CEO Do Kwon, prosecutors said Thursday. The memo, sent Monday evening by U.S. Deputy Attorney General Todd Blanche, informed staff that the DOJ would no longer be pursuing prosecution against crypto exchanges, mixing services, or offline wallets for the acts of their end users. Blanche told staff not to criminally charge any violations of federal securities or commodities laws, except under specific circumstances, in cases where the charges would “require the [DOJ] to litigate whether a digital asset is a ‘security’ or a ‘commodity’” and there is an adequate alternative criminal charge. During a hearing on Thursday, U.S. District Court Judge Paul Engelmayer of the Southern District of New York (SDNY) asked prosecutors whether Blanche’s memo would have any impact on the charges against Kwon, which include two counts of commodities fraud and two counts of securities fraud, as well as five other charges including wire fraud and conspiracy to defraud. The prosecution told Engelmayer that they have “no plans” to change their charges against Kwon at this time. David Patton, Kwon’s lead attorney and a partner at Hecker Fink LLP, told Engelmayer that the contents of Blanche’s memo could — at least indirectly — lead to some pre-trial motions from the defense. “I do think it could potentially be the subject of some pre-trial motions,” Patton said. “It may or may not be directly related to the memo.” Patton specified that the questions of whether the cryptocurrencies involved in the case were securities or not could be relevant. In a separate civil case brought by the U.S. Securities and Exchange Commission (SEC) against Kwon and Terraform Labs last year, in which Kwon and his company were found to be liable for fraud , another SDNY judge found that the tokens involved in the case were, in fact, securities. During Thursday’s hearing, Engelmayer told both the prosecution and the defense to inform him well in advance of the trial if they planned to request that he adhere to any of the rulings or findings made by the court in the SEC case. The next batch of pre-trial motions are expected to hit the docket in July, and a third status conference has been scheduled for June 12 at 11 a.m. in New York. Due to scheduling challenges, the start date for Kwon’s criminal trial has been pushed back three weeks from January 26, 2026 to February 17, 2026. Read more: Do Kwon’s Criminal Trial Set for 2026 as Lawyers Deal With ‘Massive’ Trove of Evidence U.Today