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  • Pepe, dogwifhat see price gains amid altcoin spike

    Pepe, dogwifhat see price gains amid altcoin spike

    Pepe And Dogwifat Memecoins Jumped As Bitcoin Rose

    • PEPE jumped to above $0.0000092, up nearly 13% as volume spiked 46%.
    • Meanwhile, dogwifhat hit highs of $0.64, also up 13% as altcoins mirrored Bitcoin gains.
    • Analysts say President Donald Trump’s announcement of a trade deal with the UK could spark further gains.

    Pepe (PEPE) and dogwifhat (WIF) are among the top gainers in the crypto market today as Bitcoin rides bullish sentiment to near $100k.

    The meme coins, ranked 28th and 98th by market cap on CoinMarketCap, posted double-digit gains as Bitcoin rose 3%, hitting a two-month high alongside a broader rally in risk assets.

    PEPE traded at around $0.000009217, up by 12.59% at the time of writing. Whale activity suggests investor confidence.

    Meanwhile, dogwifhat hovered near $0.64, up 13% in the past 24 hours.

    The gains happened alongside a spike in trading volume, Pepe recording a 46% surge in daily volume to $766 million, while dogwifhat saw an increase of 44% to about $242 million.

    dogwifhat, Pepe surge as crypto reacts to trade deal news

    Bitcoin surged as investors reacted to President Donald Trump’s announcement of a massive trade deal between the United States and the United Kingdom.

    As risk-on sentiment kicked in, equities signaled a rally with futures up. Cryptocurrencies, including the memecoins PEPE and WIF, rose alongside Bitcoin, Ethereum, and Solana.

    EOS and Pudgy Penguins led the top performers.

    With the trade deal likely to be among many others lined up, analysts say an easing of tariff tensions could spark fresh market optimism.

    “President Trump teased a major trade deal this morning, with speculation pointing to the UK. Despite a few details, the headline alone sparked a sharp risk-on reaction across global markets,” QCP Capital analysts noted.

    “Crypto jumped on the news. $BTC rose 2.74% to reclaim $99K, while $ETH surged 6.89%, breaking out of a three-week range. Options flow showed strong demand for May and June calls, signalling renewed bullish sentiment,” they added.

    PEPE and WIF price outlook

    While analysts urge a cautious approach as the US markets open, they see a BTC close above $100k as potentially adding to the upside.

    This scenario could see meme coins soar amid capital rotation into anticipated gainers.

    The surge in volume and open interest (+13% to $454 million for PEPE, and +16% to $244 million for dogwifhat) suggests strong interest in the tokens.

    If this sentiment holds as BTC rallies, buying pressure could see PEPE and WIF rise to key levels.

    WIF price could return to above $1 if bulls edge higher.

    Meanwhile, Pepe may see a zero taken off the price range, with recent hurdles at $0.000015 and $0.000020 key.

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  • Altcoins signal bullish breakout as Bitcoin nears $100K milestone

    Altcoins signal bullish breakout as Bitcoin nears $100K milestone

    • ETH targets $3,200 after breaking trendlines.
    • SOL eyes $230 range with bullish setup.
    • DOGE rises past $0.18 as retail interest grows.

    A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins.

    With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins.

    Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle.

    The shift comes after months of sideways movement in both Bitcoin and alternative digital assets.

    Traders are interpreting recent consolidations in key altcoins as signs of accumulation.

    With bullish chart patterns now forming across higher timeframes, the setup for a widespread breakout appears to be strengthening.

    Bitcoin rally triggers altcoin interest

    Bitcoin’s steady climb has captured global headlines, but under the surface, a quieter transition is taking place.

    Market watchers are noting a drop in Bitcoin dominance — the measure of Bitcoin’s share in the total crypto market capitalisation — indicating that capital is rotating into the altcoin sector.

    This development aligns with patterns seen in previous cycles, where Bitcoin rallies first and is followed by outsized gains in smaller-cap cryptocurrencies.

    As a result, several major tokens are now attempting to break above long-term resistance levels that have been intact since the last bull run.

    ETH, SOL, DOGE show price strength

    Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, has broken above key trendlines and is now targeting the $3,200 zone.

    The move is supported by technical indicators pointing to increasing momentum and volume accumulation.

    Solana (SOL), which has recovered strongly since the end of 2024, is now targeting the $220–$230 range.

    After bouncing from major support zones, SOL has formed an inverse head and shoulders pattern on the daily chart, suggesting a sustained upward push.

    Meanwhile, Dogecoin (DOGE), one of the most-watched memecoins, has climbed above $0.18, a key resistance level from its early 2024 highs.

    DOGE’s rise is backed by rising social media interest and increased retail trading volume, both considered indicators of speculative momentum.

    NEAR, KAS, ADA in breakout zones

    NEAR Protocol (NEAR) and Kaspa (KAS) are also flashing bullish setups.

    NEAR has broken out of a months-long consolidation and is showing signs of institutional interest.

    Technical analysis reveals a breakout from a symmetrical triangle, which often precedes a strong continuation move.

    Kaspa (KAS), known for its blockDAG technology and high transaction throughput, is forming a classic bull flag.

    If confirmed, the pattern could point to a rapid price acceleration from current levels.

    Cardano (ADA) and Sonic (S) are similarly exhibiting accumulation patterns.

    ADA is currently testing upper trendlines, while Sonic recently completed a successful retest and breakout.

    These moves suggest that altcoins are now attempting to recover a significant portion of their bear market losses, with analysts pointing to the potential for 100–250% rallies, should sentiment hold and Bitcoin remain above critical levels.

    Technicals support a bullish cycle

    The latest altcoin rally is not merely speculative. It is backed by technical confirmation on higher timeframes, including weekly charts.

    Patterns such as the cup and handle and inverse head and shoulders have formed across several major tokens, a common feature during the early stages of bullish cycles.

    The broader implication is that altcoins could retrace around 60% of their previous losses if market momentum continues to improve.

    With Bitcoin approaching the $100K mark, this shift in liquidity towards altcoins could mark the beginning of a fresh wave of capital inflows into the broader crypto market.

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  • Dogecoin faces $500 million liquidation test as price eyes $0.2 recovery

    Dogecoin faces $500 million liquidation test as price eyes $0.2 recovery

    Dogecoin faces $500 million liquidation test as price eyes $0.2 recovery

    • Ichimoku and RSI indicators show no bullish momentum.
    • The coming days could determine whether DOGE stages a recovery or slides into a deeper correction.
    • DOGE lags behind Bitcoin and Ethereum amid broader altcoin pullback.

    Dogecoin is navigating a volatile phase as its price hovers just above key support levels.

    After hitting a local high near $0.2, DOGE has trended downward, raising fresh doubts about the memecoin’s strength in the current market.

    While leading cryptocurrencies like Bitcoin and Ethereum continue to consolidate, Dogecoin has struggled to maintain momentum.

    The asset risks erasing nearly all gains from the past 30 days unless it can break through critical technical barriers and absorb significant short liquidations, estimated to exceed $500 million.

    The coming days could determine whether DOGE stages a recovery or slides into a deeper correction.

    $0.165 zone is critical

    The Dogecoin price has hovered near a key liquidation zone at $0.165, where leverage from traders has accumulated above $500 million. This threshold is seen as a pivotal point for a potential short squeeze.

    Source: CoinMarketCap

    To break higher, the price may need to dip below this level to trigger liquidations, potentially forcing out short positions.

    Such a move could clear the way for a stronger rebound and extend the upward trend.

    This could allow bulls to target a return to $0.18 and eventually retest $0.2.

    Technical signals remain weak

    Technically, Dogecoin’s outlook remains weak. After failing to stay above its ascending trend line, DOGE has experienced sustained downward pressure.

    The Ichimoku cloud’s conversion line is acting as stiff resistance, and there’s no indication yet of a bullish crossover.

    Meanwhile, the Stochastic RSI has reversed after testing average levels, underscoring the growing influence of bearish sentiment.

    DOGE is expected to test support at $0.162, a level below the $0.164 liquidation zone.

    However, failure to hold this support could deepen the drawdown and prompt traders to reassess the memecoin’s long-term viability.

    $0.2 in 2025?

    While Dogecoin reached as high as $0.2 earlier this year, the question now is whether it can sustain such levels or rise further in 2025.

    For this to happen, the token must establish consistent upward momentum, clear resistance levels, and attract renewed investor interest.

    This appears challenging given its current technical weakness and absence of strong bullish signals.

    Still, market volatility could favour sharp movements in either direction. If the expected short squeeze plays out after testing $0.162 support, DOGE may rally back towards $0.18 and $0.2.

    But unless broader market conditions improve and sentiment shifts decisively, reaching the $0.5 mark in 2025 appears increasingly unlikely based on current data.

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  • Florida scraps Bitcoin reserve bills as state-level crypto adoption faces setbacks

    Florida scraps Bitcoin reserve bills as state-level crypto adoption faces setbacks

    Florida, Bitcoin reserve bills

    • Florida’s decision follows a broader trend of legislative setbacks surrounding Bitcoin reserve proposals.
    • Similar bills have been shelved or blocked in states like Wyoming, Pennsylvania, Oklahoma, Montana, North Dakota, and South Dakota.
    • Only 19 US states are still actively exploring legislation related to state Bitcoin reserves.

    Florida has withdrawn two key bills aimed at creating a state-level strategic Bitcoin (BTC) reserve, marking a significant pause in momentum for state-driven crypto investment efforts across the US.

    House Bill 487 and Senate Bill 550, both introduced in February 2025, have now been “indefinitely postponed and withdrawn from consideration,” according to the Florida Senate website.

    The bills had sought to authorize the use of public funds to invest in Bitcoin, signaling a potential shift in how state reserves are managed.

    With their withdrawal, Florida becomes the latest in a growing list of states backing away from formal crypto reserve legislation.

    Multiple states stall on BTC investment plans

    Florida’s decision follows a broader trend of legislative setbacks surrounding Bitcoin reserve proposals.

    Similar bills have been shelved or blocked in states like Wyoming, Pennsylvania, Oklahoma, Montana, North Dakota, and South Dakota.

    While many of these initiatives remain in early committee stages, few have progressed far enough to secure full legislative approval.

    Arizona had shown the most progress earlier this year with SB 1025, which passed a state House vote before being vetoed by Governor Katie Hobbs.

    The bill would have permitted investment of seized state funds into Bitcoin, representing the most advanced attempt at institutional BTC adoption at the state level.

    Despite the veto of SB 1025, Arizona is still considering SB 1373, a separate proposal that would allow up to 10% of state funds to be allocated to digital assets, including Bitcoin.

    However, that bill has yet to reach a final vote, and its fate remains uncertain amid growing legislative caution.

    Is Bitcoin legislation losing steam nationwide?

    According to data from Bitcoin Laws, only 19 US states are still actively exploring legislation related to state Bitcoin reserves (SBRs), with 36 bills under discussion.

    The number has dropped significantly over the past six months, reflecting increased hesitation among lawmakers due to market volatility, fiscal risks, and regulatory uncertainty.

    Much of this retreat has been attributed to concerns like those cited by Arizona Governor Katie Hobbs, who pointed to the lack of long-term historical data supporting Bitcoin’s stability or reliability for public fund management.

    Despite the slowdown at the state level, Bitcoin reserve discussions are gaining traction federally.

    President Donald Trump has reportedly signed an executive order directing agencies to explore the feasibility of a national Bitcoin reserve system.

    Still, skepticism remains. BitMEX co-founder Arthur Hayes recently argued that the US is unlikely to meaningfully expand its crypto holdings, citing entrenched financial conservatism and cultural resistance toward Bitcoin.

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  • Loopring price jumps 14% as daily volume skyrockets

    Loopring price jumps 14% as daily volume skyrockets

    Loopring Price Jumps As Bulls Charge With Massive Volume

    • Loopring (LRC) has surged more than 14% in the past 24 hours.
    • The native token of the Ethereum-based layer-2 scaling solution has also seen a massive jump in daily trading volume.
    • If bulls hold onto gains, LRC price could target highs of $0.44 in the short term.

    Loopring (LRC), the native token of the Ethereum-based layer-2 scaling solution, has surged by 14% in the past 24 hours, accompanied by a notable spike in trading volume.

    According to data from CoinMarketCap, the price of LRC now hovers around $0.1058, suggesting fresh interest in the decentralized finance (DeFi) protocol.

    LRC’s rally, which comes with a massive spike in volume, follows Loopring’s recent announcement of its official DeFi documentation that highlights innovative earning and trading solutions.

    But could this push the Loopring price higher?

    Loopring price jumps to a month-high mark

    As data from CoinMarketCap shows, the 14% price jump has propelled Loopring to a month-high mark above $0.10.

    The gain aligns with a huge increase in trading activity, with LRC seeing a 2,600% jump in the 24 hours to over $204 million, at the time of writing.

    While other coins have posted similar surges, this suggests that investors are taking notice of Loopring’s latest developments.

    The project’s focus on redefining DeFi with a CeFi-like experience, while maintaining a trustless environment, seems to be resonating with the community.

    It combines with Loopring’s zkRollup technology, which enables faster and cheaper transactions on Ethereum, to indicate renewed optimism.

    LRC price prediction

    From a technical perspective, Loopring is showing signs of a potential breakout.

    The token is attempting to rebound from the lower border of a falling wedge pattern.

    A look at the weekly timeframe paints this setup, usually viewed as bullish by analysts.

    Loopring Price Chart From TradingView
    Loopring price chart by TradingView

    If this bounce confirms, LRC could rally toward $0.31 and $0.44 in the medium term.

    Such a move will represent a significant recovery for the token, with the projection aligning with the historical pattern of a falling wedge.

    It typically signals a reversal after a downtrend.

    However, the broader market sentiment will play a crucial role.

    On the downside, failure to break above this level could see LRC retest support near $0.07 and potentially $0.02.

    Loopring’s fundamentals, such as its focus on DeFi innovation and layer-2 scaling, provide a strong case for growth.

    Nonetheless, investors are likely to remain cautious amid inherent crypto market risks, including regulatory developments and market volatility

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  • Bitcoin traders brace for FOMC meeting as volatility looms

    Bitcoin traders brace for FOMC meeting as volatility looms

    • FOMC expected to hold rates at 4.25%–4.50%, CME tool shows 95.6% odds.
    • Swissblock flags $97K–$98.5K as key resistance zone.
    • Powell’s comments could tilt Bitcoin towards breakout or correction.

    Bitcoin is trading just below $94,000 as investors prepare for Wednesday’s Federal Open Market Committee (FOMC) meeting and Jerome Powell’s post-meeting press conference.

    Source: CoinMarketCap

    The Fed is widely expected to keep its benchmark interest rate steady at 4.25%–4.50%, with CME FedWatch Tool data showing a 95.6% probability of a rate hold.

    Despite this consensus, traders are bracing for volatility triggered by Powell’s comments on the economic outlook, inflation, and rate trajectory, which could sway risk sentiment across digital assets.

    Market participants are especially focused on forward guidance, as recent economic data and geopolitical tensions have clouded expectations for rate cuts later this year.

    Trading volume dips, ETF inflows slow ahead of Fed event

    Bitcoin’s recent sideways movement reflects a cautious market mood.

    ETF inflows have cooled, and leverage appears to be winding down as traders await clarity.

    Analysts at Swissblock describe the environment as a “battle of resistance” and note that high open interest and negative funding rates point to intensified bearish bets.

    They flag the $97,000–$98,500 range as a critical resistance zone.

    A break above could trigger short liquidations, but a failed rally might trap bullish traders if momentum fades.

    Liquidation data also supports this tension. As price hovers within a tight range, derivatives traders appear to be betting on a volatile move in either direction.

    Risk appetite has cooled, but significant positioning remains open, suggesting market participants are preparing for a breakout or breakdown, depending on Powell’s tone.

    Powell’s guidance could determine market direction

    While no change in rates is expected this week, traders are looking for hints on the Fed’s stance for June and beyond.

    In previous meetings, Powell’s words have caused major swings in crypto markets.

    December 2023 saw a hawkish turn that led to a broad sell-off in risk assets, and some fear that a repeat could materialise if Powell signals further tightening or ignores recent signs of economic slowdown.

    Market sentiment has been dampened by soft GDP data and renewed trade tensions with China.

    The impact of President Donald Trump’s recent tariff rhetoric has raised concerns that rate cuts previously expected in June may now be delayed.

    Veteran trader Mathew Dixon noted that expectations for a June cut have already flipped to a hold, further pressuring sentiment.

    Gold’s recent rally is also seen as a sign of risk-off positioning. According to analysts, this suggests investors are hedging against potential shocks from the Fed’s announcement.

    Bitcoin price action hinges on macro signals

    Bitcoin is currently consolidating near local support as traders weigh macroeconomic uncertainty.

    Degens, or high-risk crypto traders, are reportedly building long positions, anticipating a price move.

    However, some analysts warn that market makers may push prices lower to trigger stop losses before a potential upside.

    Swissblock’s analysis supports this view, suggesting that any breakout could be preceded by a final liquidity sweep.

    Historical data offers mixed signals. Three of the last five FOMC announcements have coincided with Bitcoin rallies, but this week’s event is clouded by more complex macro conditions.

    The unresolved US-China tensions, weaker consumer demand, and political pressure around inflation all weigh heavily on market sentiment.

    BitMEX co-founder Arthur Hayes has previously argued that a shift back to quantitative easing could ignite a parabolic Bitcoin rally.

    But in the absence of dovish signals, Bitcoin could retest recent lows in a sharp pullback.

    With no clear catalyst either way, the market remains delicately balanced, awaiting Powell’s next move.

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  • will Bitcoin price soar past $100K as trade tensions ease?

    will Bitcoin price soar past $100K as trade tensions ease?

    Trump speech looms: can Bitcoin leverage exchange outflows, safe haven status for $100K?

    • Trump acknowledged that the existing 145% US tariff on Chinese imports is ‘too high’.
    • Currently, the US and China are locked in a steep tariff battle.
    • Bitcoin and Ethereum have shown strong performance during periods of dovish monetary policy and reduced inflation.

    US President Donald Trump has signaled a willingness to lower tariffs on Chinese goods.

    The announcement comes amid escalating speculation about how such a policy shift could impact inflation, interest rates, and digital assets like Bitcoin and Ethereum.

    Trump’s comments have already sparked renewed interest among crypto investors, who see a potential rally in the making.

    Speaking in a recent CNBC interview, President Trump acknowledged that the existing 145% US tariff on Chinese imports is “too high” and has effectively crippled bilateral trade.

    “At some point, I’m going to lower them,” he said, adding that China is eager to resume business with the United States.

    Trump’s remarks suggest that trade talks between the two global powers could be back on the table, with hopes of a more balanced economic relationship.

    Currently, the US and China are locked in a steep tariff battle, with Beijing retaliating by imposing a 125% duty on American goods.

    These tit-for-tat tariffs have disrupted global supply chains and contributed to higher prices for consumer goods ranging from electronics to clothing.

    Industry analysts believe that easing these levies could reduce inflationary pressure, thereby influencing the Federal Reserve’s monetary policy, particularly in holding back further interest rate hikes.

    From a crypto market perspective, the implications are significant.

    Historically, digital assets such as Bitcoin and Ethereum have shown strong performance during periods of dovish monetary policy and reduced inflation.

    With tariff reduction on the horizon, crypto investors are betting on a resurgence in prices.

    Bitcoin, for instance, recently dipped below $80,000 but has since bounced back, trading above $94,000 at press time.

    Analysts predict that if sentiment continues to improve, Bitcoin could breach the $100,000 milestone, triggering a broader market rally.

    Beyond Bitcoin, altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL) also stand to gain from a more favorable economic environment.

    Reduced trade tension often translates to increased risk appetite, driving more capital into speculative assets like cryptocurrencies.

    Trump’s comments also hint at a broader economic recalibration.

    Lower tariffs could ease operational costs for American businesses and improve consumer sentiment, factors that indirectly feed into the crypto economy by increasing liquidity and investor confidence.

    While a final decision is yet to be made, the mere prospect of US–China trade normalization has already set the tone for a volatile yet potentially bullish phase in the crypto markets.

    As always, traders are advised to keep a close eye on policy shifts that could influence macroeconomic indicators and, by extension, digital asset prices.

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  • NEAR and PepeX revive the AI narrative

    NEAR and PepeX revive the AI narrative

    Best coins to buy, NEAR, PepeX, AI

    As Bitcoin pursues $100K on enhanced optimism, crypto enthusiasts explore narratives that could fuel the upcoming broad-based rallies.

    Let’s check why investors will watch NEAR and the viral PepeX in the coming sessions.

    NEAR, “the Bitcoin of AI tokens,” eyes a potential breakout as a bullish structure aligns with optimistic chatter.

    Meanwhile, PepeX’s advanced tokenization Launchpad grabs investor attention.

    It has nearly $2 million in the ongoing presale.

    NEAR hints at imminent breakouts

    Near Protocol’s native coin exhibits a bullish price structure, suggesting potential upswings.

    The token has secured solid grounds after months of subtle accumulations and consolidations.

    Meanwhile, the expanding ecosystem and continued developments have kept the asset afloat.

    Recently, Near Protocol expanded chain abstraction capabilities to Solana, TON, Aptos, Sui, and Stellar.

    The announcement read:

     This update represents a crucial step in NEAR’s chain abstraction architecture, broadening interoperability across diverse blockchain ecosystems and fostering a more unified development experience. The addition of EdDSA support is particularly valuable for developers working with high-throughput chains like Solana, TON, Aptos, and Sui.

    NEAR trades at $2.35, mirroring the prevailing broad market performance.

    Meanwhile, a solid reversal setup on its price chart drives optimism.

    The favorable candle formations and increasing buying volume after March’s lower low hint at upside trends.

    Analyst Solberg Invest predicts surges to $13, translating to an over 80% uptick from NEAR’s current price.

    Solberg Invest's NEAR chart on X

     

    Besides price charts, NEAR boasts a solid foundation.

    The $20 million AI fund project supports decentralized AI innovations.

    Moreover, Near Protocol has Deutsche Telekom as its validator.

    NEAR appears ready to shape decentralized technologies (in the long term) as it aims to integrate artificial intelligence tools into the blockchain infrastructure.

    PepeX: AI tokenization and fair launches

    Meme cryptocurrencies are shifting towards accrual innovation and utility, and PepeX appears at the center of this transformation.

    With its AI-powered asset tokenization platform and focus on fair asset launches, PepeX looks to redefine a sector often attacked due to VC-centered tokenomics and insider trading deals.

    The project distributes 95% of the available tokens to the public and only 5% to founders, which they might lose if PepeX fails.

    The fair launch introduces transparency and legitimacy, which appear crucial in the growing cryptocurrency industry.

    Moreover, PepeX’s AI-driven tool allows anyone to create and launch a token without technical expertise.

    The project’s Whitepaper highlights:

    PepeX is a neo-fair-launch platform where creativity and innovation are the only currencies that matter. Transparent, profitable for the community, and not a playground for insiders. No coding, no complex tokenomics – just pure creativity backed by real DeFi.

    PepeX represents a movement toward decentralizing access to digital assets tools.

    Imagine creating and launching your favorite token as simple as posting on social media sites.

    Indeed, meme coins have done more in onboarding individuals into the cryptocurrency world than most specialized marketing campaigns.

    PepeX leverages that while presenting genuine functionality.

    PepeX trades at $0.0268, and analysts predict massive growth after its official launch.

    You can visit here for more details about PepeX.

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  • Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

    Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

    Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral joke. 

    One such meme crypto is CartelFi. It enables investors to earn passive income without compromising on the asset’s upside potential. 

    What’s more, even before the highly anticipated launch in Q3, early adopters are already earning big during its presale. With every 3-day stage, CARTFI token price surges by 5%. By the end of the 90-days period, the project will have transformed several retail investors into crypto millionaires.    

    Bitcoin price analysis: Neutral market sentiment creates hurdle on the path to $100,000

    A surge in institutional demand bolstered the bitcoin price to a two-month high on Friday. However, it has since pulled back as investors remain concerned over US-China trade tensions and the persistent macroeconomic uncertainties. Compared to last week’s greed level of 63, the crypto fear & greed index is at a neutral zone of 53.

    Data released by SoSoValue showed that only one out of the top 12 US BTC spot ETFs recorded daily net inflow on Friday. BlackRock’s IBIT recorded $674.91 million in the day’s net inflows while the other leading ETFs reported zero flows. 

    In the immediate term, the bulls are keen on defending the support at $96,050. Success at bouncing off that support level will avail a chance to break the resistance at $97,797 with the next target being the psychologically crucial zone of $100,000. On the flip side, a further pullback would have the bears eyeing $92,745.

     

    CartelFi rewards early adopters during the presale and beyond 

    CartelFi hit the ground running, raising over $500,000 in the first 24 hours of its presale. Notably, it has maintained the upside momentum despite the external chaos that have impacted the broader crypto market. 

    Less than 4 weeks into its launch, it has raised over $1.5 million. What started at a token price of $0.0251 is currently at $0.0408; rising by 5% every 72-hours stage.

    In addition to the opportunity to earn hefty cumulative gains during the presale, the project’s attractiveness has been enhanced by its concept of yield farming. Under the current DeFi structure, meme coins “lie idle” in between rallies. To enjoy yields, an investor would have to sell some tokens; missing out on a potential rally.

    CartelFi is solving this inefficiency by having an investor’s preferred meme coins work for them. Subsequently, one enjoys yields of upto 10,000% while still retaining the asset’s speculative upside. 

    Additionally, CartelFi’s programmed scarcity enhances its attractiveness and growth potential. 100% of the fees generated by the platform once users deposit their meme coins are used to buy back and burn CARTFI tokens. This ensures that the total supply remains low; sustaining its upside momentum. Find out how to buy CartelFi here.

    Solana price readies for a rally with a key bullish pattern underway

    Solana price has been hovering around the crucial zone of $150 for over a week after rebounding from the 14-month low hit in early April. While the sentiment in the broader crypto market has improved, investors are still concerned about Trump’s aggressive tariffs and their impact on the economy. 

    Even so, as meme coins make a comeback, Solana is set to benefit big from its positioning in the DeFi space. Subsequently, Solana price may continue to enjoy solid support at $140.

    Indeed, this has become a point of convergence for the 25 and 50-day EMAs; signaling the formation of a bullish golden cross pattern. On the upside, $160 remains a resistance level worth watching. 

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  • Metaplanet issues $24.8M in bonds to boost Bitcoin holdings past 5,000 BTC

    Metaplanet issues $24.8M in bonds to boost Bitcoin holdings past 5,000 BTC

    • The funds raised will be specifically allocated for further Bitcoin purchases.
    • The bonds were sold in full to EVO FUND.
    • The bonds offer investors the potential for early repayment if certain conditions are met.

    Tokyo-based Metaplanet is taking steps to expand its cryptocurrency portfolio by issuing ¥3.6 billion (approximately $24.8 million) in bonds to fund the acquisition of more Bitcoin (BTC).

    This move comes as the Japanese hotel firm’s Bitcoin holdings surpass the 5,000 BTC mark.

    The bonds, which carry no interest, are set to be redeemed at their par value on October 31, 2025, or earlier, if the bondholder requests repayment.

    The funds raised will be specifically allocated for further Bitcoin purchases, continuing the company’s earlier strategy to increase its digital asset investments.

    The bonds were sold in full to EVO FUND, a move Metaplanet hopes will help support its growing Bitcoin strategy.

    While the bonds carry no interest, they offer investors the potential for early repayment if certain conditions are met.

    Specifically, Metaplanet plans to use capital raised through stock acquisition rights to redeem the bonds.

    This means the company’s ability to repay the bonds hinges on the demand for its equity-linked instruments, highlighting a potential reliance on investor sentiment and market conditions.

    Metaplanet’s recent bond issuance underscores the growing trend of companies integrating Bitcoin into their financial strategies.

    With cryptocurrency markets gaining momentum, the company’s move aligns with the broader trend of corporate adoption of digital assets as a store of value.

    As Metaplanet’s share price recently rose by 8.6%, investors are keeping a close eye on how the company’s Bitcoin purchases will impact its financial performance in the coming years.

    In an era where digital currencies are becoming more mainstream, Metaplanet’s decision to use bonds for Bitcoin acquisition marks a noteworthy step toward integrating cryptocurrency into corporate balance sheets.

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