Author: BTCLFGTEAM

  • Binance CEO: we’re seeing a “tactical retreat” with crypto “not a reversal”

    Binance CEO: we’re seeing a “tactical retreat” with crypto “not a reversal”

    • Richard Teng indicated that the crypto market tends to bounce back after major geopolitical events
    • Teng’s remarks come as Bitcoin dropped below $90,000 earlier this week following the news of US President Donald Trump’s trade tariffs on Canada and Mexico

    What we’re seeing with crypto market prices is a “tactual retreat, not a reversal,” according to Binance’s CEO.

    In a series of posts on X, Richard Teng said crypto markets typically bounce back after major events.

    “History has shown that crypto markets react to macroeconomic shifts much like traditional assets, but they also bounce back with remarkable resilience,” he said, adding “what we are witnessing now is another short-term tactical retreat, far from a structural decline.”

    Bitcoin drops to $87,000 for the first time since November

    Teng’s post comes as Bitcoin dropped below $90,000 earlier this week following the news that US President Donald Trump had confirmed trade tariffs on Canada and Mexico.

    Speaking to CoinJournal, James Toledano, COO at Unity Wallet, said many believed that Bitcoin’s price would continue rising once Trump entered the White House, adding:

    “But the reality is that the price has gone south, likely due to tariff trade wars, fragile peace talks in Eastern Europe, and fears around DeepSeek’s impact on the US tech sector. But this could also just be a momentary lapse of pricing reason.”

    Continuing on X, Teng said: “Price movements often overshadow what’s happening beneath the surface, but the core drivers of crypto’s growth remain firmly intact.”

    Crypto ETF filings on the rise

    According to Teng, the rising number of crypto exchange-traded funds (ETFs) is a good sign for the market.

    He added that market cycles come and go, but the fundamental indicators of crypto’s strength are getting stronger.

    Earlier this month, the Chicago Board Options Exchange (Cboe) filed four separate filings on behalf of issuers to launch spot XRP ETFs.

    Last week, the US Securities and Exchange Commission (SEC) acknowledged 19b-4 filings from Grayscale to list spot Dogecoin and XRP ETFs. More recently, Grayscale filed for a Polkadot ETF, making it the latest crypto ETF application submitted in the past few months.

    In October, Bitwise filed an S-1 form with the SEC for an XRP ETF. Similarly, Canary Capital filed for an XRP ETF last year, reflecting its broader strategy of bringing multiple crypto ETFs to the market.



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  • Bitcoin drops below $90k as Trump confirms trade tariffs

    Bitcoin drops below $90k as Trump confirms trade tariffs

    Dogecoin and other major altcoins dip

    • This is the lowest Bitcoin has dropped since November 2024
    • Trump’s trade tariffs are likely impacting crypto market prices as investors look elsewhere to trade
    • Two crypto hacks days apart have worsened investor sentiment

    Bitcoin’s price has dropped below the $90,000 mark, signalling the lowest decline for the number one crypto asset since November 2024.

    Bitcoin’s price at $87,000. Source: CoinMarketCap

    On February 25 at 10:25 UTC, Bitcoin was trading at around $87,190, according to data from CoinMarketCap. At the time of publishing, it has risen slightly but remains under $90,000, a key figure to stay in bullish territory.

    According to Arthur Hayes, BitMEX’s co-founder, Bitcoin could drop to $70,000 if large hedge funds sell their positions in Bitcoin exchange-traded funds (ETFs).

    Impact of Trump’s tariffs

    The drop in value comes amid uncertainty about inflation, US President Donald Trump’s policies, and geopolitical events.

    Yesterday, Trump confirmed 25% trade tariffs on Canada and Mexico, causing the market to react as investors look to other avenues to put their money.

    According to James Toledano, COO at Unity Wallet, many believed that Bitcoin’s price would continue rising once Trump entered the White House, adding to CoinJournal:

    “But the reality is that the price has gone south, likely due to tariff trade wars, fragile peace talks in Eastern Europe, and fears around DeepSeek’s impact on the US tech sector. But this could also just be a momentary lapse of pricing reason.”

    Security breach at Bybit

    Last week, Hong Kong-based crypto exchange Bybit was the target of a major hack, resulting in the loss of nearly $1.5 billion worth of Ethereum from a single wallet.

    Despite Ben Zhou, Bybit’s founder and CEO, saying it had “fully closed the ETH gap,” raising funds to cover the losses and boost investor confidence, the fact remains that investors are shaken.

    Not only that, but neobank Infini suffered a $50 million hack yesterday. According to reports, insider access enabled the hacker to manipulate the platform’s smart contract it had developed after retaining administrative privileges unbeknownst to Infini.

    Following the theft, the hacker converted the stolen USDC into Dai and then purchased 17,696 Ethereum, valued at around $49 million at the time.

    “Additionally, global macroeconomic uncertainty and a downturn in traditional markets have weighed on Bitcoin, as risk assets remain highly sensitive to external pressures,” said Toledano.

    “Note, the S&P 500 which is the bellwether for the equities market is down over 4% over the last month and over 2% this past week alone. While 2 and 4 percentage points mean little in the cryptosphere, these figures are notable in TradFi from a loss perspective.”

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  • Weekly price analysis: prices range on uncertain economic outlook

    Weekly price analysis: prices range on uncertain economic outlook

    • Crypto prices traded within a range last week as crypto takes is relegated to the back burner in the wake of economic uncertainties
    • Exchange-traded fund (ETF) inflows were negative as Bitcoin ETFs logged net outflows of $62.9 million while Ethereum ETFs logged $8.9 million in outflows

    Bitcoin

    Bitcoin’s price action continued trading rangebound, with weekly highs and lows of $99,509 and $93,331, as uncertainty looms around inflation, US President Donald Trump’s policies, and geopolitical events.

    Zooming out, we see that price action has ranged at the daily support level for the last three weeks as current market conditions lack sufficient catalyst to push prices to new highs.

    BTC/USD chart by TradingView

    Open interest mimics price action as the week began with a reduction in the volume of open contracts which picked up on Wednesday, February 19, congruent with price action.

    CME BTC Futures Open Interest (USD) chart by Coinglass

    Outlook

    Bitcoin must remain above the daily support of $90,673 to remain in bullish territory. A close below this level on the daily time frame could trigger a fall to the $84,000 level.

    Meanwhile, market sentiment has cooled significantly over the last month and is in neutral territory.

    Bitcoin trades at $87,900 as of publishing.

    Ethereum

    Ethereum’s price action ranged last week logging a weekly high and low of $2,848 and $2,604 despite last week’s news of the Bybit hack.

    ETH/USD chart by TradingView

    Zooming out, we see a bleaker picture as ETH has been trending lower since December 09 after failing to break above its March 2024 high.

    ETH/USD chart by TradingView

    Open interest data shows a steady rise in contract volume throughout the week though price traded rangebound.

    Binance ETH Futures Open Interest (USD) chart by Coinglass

    Outlook

    We reckon the next major support zone for ETH is the $2,500 level which has proven to be a strong liquidity level in the past.

    ETH/USD chart by TradingView

    ETH trades at $2,384 as of publishing.

    Solana

    Like Ethereum, Solana’s price has been declining since it failed to swing higher and form new candles above the last all-time high on the daily time frame.

    SOL/USD chart by TradingView

    Unlike Ethereum, last week’s price action was bearish as the price fell from a weekly open around $194 to a close around $171.

    SOL/USD chart by TradingView

    Open interest charts show topsy-turvy movement in open contract volumes as the price falls.

    Binance SOL Futures Open Interest (USD) chart by Coinglass

    Outlook

    The next major support zone for Solana is at the $129 level. However, we may see smaller rallies as price trends lower overall.

    SOL/USD chart by TradingView

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  • Bitflow brings AI-powered DeFi to Stacks with Automated DCA for Bitcoin and Runes

    Bitflow brings AI-powered DeFi to Stacks with Automated DCA for Bitcoin and Runes

    Bitflow brings AI-powered DeFi to Stacks with Automated DCA for Bitcoin and Runes

    • Bitflow launches Automated Dollar-Cost Averaging (DCA) for Bitcoin and Runes investments on Stacks.
    • The AI-powered DCA enables trustless, recurring investments.
    • Future plans include adding yield strategies and cross-layer flows.

    Bitflow, a decentralized exchange built on the Stacks ecosystem, has unveiled Automated Dollar-Cost Averaging (DCA), a groundbreaking feature that introduces AI-driven investment strategies to Bitcoin and its associated assets.

    The automated DCA allows users to automate recurring purchases of Bitcoin (BTC), stablecoins, Stacks’ native STX token, sBTC, and popular Runes tokens like $DOG, all while retaining complete control over their funds.

    Designed to simplify and enhance participation in the growing Bitcoin-native economy, Bitflow’s latest offering marks a significant milestone in decentralized finance (DeFi) on the Stacks Layer 2 network.

    Simplifying Bitcoin DeFi investment with automation

    At the heart of the Automated Dollar-Cost Averaging (DCA) is Bitflow Keepers, an intelligent automation engine that powers the DCA feature. This technology enables trustless, recurring transactions without requiring users to time the market or execute trades manually.

    By supporting a wide range of assets, including SIP-10 tokens and the memecoin sensation $DOG (DOG•GO•TO•THE•MOON), Bitflow ensures that users can diversify their portfolios seamlessly.

    For the first time, DeFi enthusiasts on Stacks can program their investment strategies, transforming Bitcoin into a dynamic, yield-generating asset.

    Particularly, Bitflow’s non-custodial design keeps transactions fully onchain, providing transparency and security while eliminating dependence on third-party intermediaries.

    Dylan Floyd, Bitflow’s Co-Founder and Lead Developer, emphasized the transformative potential of this feature, noting that Bitcoin DeFi is entering a new era of automation, where users can harness advanced tools to grow their holdings efficiently.

    Notably, the Automated DCA feature is the first step in a roadmap aimed at integrating AI-driven automation into DeFi. Upcoming enhancements will include automated yield farming strategies, enabling users to optimize returns on BTC-based assets without constant oversight.

    Plans are also in place for market-triggered swaps, which will allow traders to set conditions for executing transactions based on price movements or volatility, adding a layer of sophistication to Bitcoin trading.

    Additionally, Bitflow intends to improve liquidity by facilitating seamless asset transfers between Bitcoin’s Layer 1 and Stacks’ Layer 2, bridging the gap between the two ecosystems.

    This ambitious agenda underscores Bitflow’s role as a pioneer in the Stacks ecosystem, where it serves as a liquidity hub for trading Bitcoin assets.

    By incorporating Runes and SIP-10 tokens into its decentralized exchange, Bitflow is broadening the scope of Bitcoin-native finance, appealing to both seasoned traders and newcomers looking for efficient ways to engage with the market.

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  • Montana house representatives reject Bitcoin reserve bill

    Montana house representatives reject Bitcoin reserve bill

    Montana house representatives reject Bitcoin reserve bill

    • Montana House has rejected the Bitcoin reserve bill.
    • The Bitcoin reserve bill aimed for $50M in crypto.
    • The house cited risk to taxpayer funds.

    On February 22, 2025, Montana’s House of Representatives decisively voted down House Bill No. 429, a proposal that aimed to establish Bitcoin (BTC) as a state reserve asset.

    The 41-59 vote marked a significant setback for advocates of integrating cryptocurrency into Montana’s financial strategy, highlighting a deep divide over the role of digital assets in public finance.

    Introduced by Representative Curtis Schomer earlier in February, the bill sought to diversify the state’s investment portfolio by creating a special revenue account. This account would have allowed the state treasurer to allocate up to $50 million for investments in stablecoins, precious metals, and cryptocurrencies with a market capitalization exceeding $750 billion over the past year, a threshold currently met only by Bitcoin.

    Supporters argued that such a move could yield higher returns than traditional bond investments, positioning Montana as a forward-thinking player in the evolving financial landscape.

    Montana house representatives wary of risks involved

    Despite clearing the House Business and Labor Committee on February 19 with a 12-8 vote, backed by Republicans and opposed by Democrats, the bill faced stiff resistance during its second reading in the House.

    Fiscal conservatives, including many Republicans, voiced concerns over the speculative nature of Bitcoin, emphasizing the state’s duty to protect taxpayer money.

    Representative Steven Kelly captured this sentiment during the House Floor Session, stating, “It’s still taxpayer money, and we’re responsible for it. We need to protect it. These types of investments are way too risky.”

    Representative Jane Gillette echoed these doubts, pointing out that the bill lacked clear guidelines on how the funds would be managed, while Representative Bill Mercer warned that Bitcoin’s history of dramatic price swings made it an imprudent choice for public funds.

    On the other side, advocates like Representative Lee Demming argued that embracing digital assets could safeguard Montana’s reserves against inflation and bolster long-term financial growth, a perspective shared by Bitcoin proponents nationwide.

    The rejection of HB 429 effectively kills the proposal for now, requiring any future efforts to start anew in Montana’s legislature.

    US states push for Bitcoin reserves

    Montana’s decision stands in contrast to a growing trend among US states exploring Bitcoin as a reserve asset.

    Approximately 24 states, including Utah, Arizona, Oklahoma, Texas, and Ohio, have introduced similar legislation, with Utah’s HB230 making the most progress by allowing up to 5% of public funds to be invested in digital assets.

    Nationally and globally, the push for Bitcoin reserves is gaining traction, with countries like Switzerland, Brazil, Japan, and Russia also weighing the cryptocurrency’s potential as a strategic asset.

    Dennis Porter, CEO of the Satoshi Action Fund, which collaborated with Montana legislators like Schomer and Senator Daniel Zolnikov, expressed disappointment with Montana’s move but remained optimistic about the broader movement. He noted that Bitcoin’s decentralized structure and limited supply make it an attractive hedge against economic uncertainty.

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  • Franklin Templeton launches a Bitcoin and Ethereum index ETF

    Franklin Templeton launches a Bitcoin and Ethereum index ETF

    Franklin Templeton launches a Bitcoin and Ethereum index ETF

    • Franklin Templeton has launched EZPZ ETF tracking Bitcoin and Ether.
    • The EZPZ ETF is the second US crypto index ETF.
    • The other crypto index is Hashdex’s Nasdaq Crypto Index US ETF (NCIQ).

    Franklin Templeton, a prominent global asset manager, has introduced a new exchange-traded fund (ETF) that provides investors with exposure to both Bitcoin (BTC) and Ethereum’s Ether (ETH).

    Announced on February 20, 2025, the Franklin Crypto Index ETF, trading under the ticker EZPZ, marks the second crypto index ETF to launch in the United States, following closely on the heels of Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which debuted on February 14.

    The Franklin Bitcoin and Ether Index ETF

    The EZPZ fund is designed to track the US CF Institutional Digital Asset Index, a market capitalization-weighted benchmark managed by CF Benchmarks.

    As of its launch date, the index allocates approximately 87% of its weighting to Bitcoin — currently priced at $98,706 — while Ether, valued at $2,755, accounts for about 13%.

    Franklin Templeton has emphasized that this ETF offers a streamlined way for investors to gain exposure to these leading digital assets without the complexities of directly purchasing and managing them.

    Looking ahead, Franklin Templeton plans to expand the fund’s holdings as additional cryptocurrencies are incorporated into the underlying index, subject to regulatory approval. This forward-thinking approach positions EZPZ as a potential “one-stop-shop” for US investors seeking a diversified crypto portfolio through a single investment vehicle.

    The launch of EZPZ comes amid a wave of cryptocurrency ETF developments in the US. Hashdex’s NCIQ, trading on the Nasdaq, similarly focuses on Bitcoin and Ether with plans to broaden its scope over time.

    The broader market has also seen a surge in ETF filings throughout 2024, with asset managers submitting proposals for funds tied to altcoins such as Solana (SOL), XRP, and Litecoin (LTC).

    In October, NYSE Arca sought approval to list a Grayscale ETF based on the Grayscale Digital Large Cap Fund, a diversified crypto portfolio established in 2018 that includes Bitcoin, Ether, Solana, and XRP, among others.

    Additionally, Bitwise recently filed for a 10 Crypto Index Fund ETF with the SEC, further underscoring the growing demand for crypto investment vehicles.

    Analysts at Bloomberg Intelligence have expressed optimism about the regulatory outlook, suggesting “relatively high odds of approval across the board” for these new crypto ETF proposals. This momentum highlights a pivotal moment for the integration of digital assets into traditional finance, offering investors more accessible and regulated options to participate in the crypto market.

    Franklin Templeton’s entry into the crypto ETF space with EZPZ signals both the firm’s confidence in the maturing digital asset ecosystem and the increasing appetite among mainstream investors for cryptocurrency exposure. As the index evolves and regulatory hurdles are cleared, EZPZ could pave the way for broader adoption of crypto-focused ETFs, bridging the gap between conventional investment strategies and the rapidly expanding world of blockchain-based assets.

    For now, the fund stands as a milestone in making Bitcoin and Ether more accessible to US investors, with the promise of further growth on the horizon.



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  • Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    • Bitcoin Pepe presale hits $2.77M as momentum builds.
    • Enthusiasts believe the LIBRA scandal calls for clearer memecoin regulation.
    • Kraken survey shows 76% of investors see memecoin rewards outweighing risks.

    Bitcoin Pepe, heralded as the world’s only Bitcoin Meme ICO, has made headlines by raising $2.77 million out of its $2.85 million presale target in its fourth presale stage.

    The Bitcoin Pepe presale is structured in such a way that the BPEP token price increases as the presale stages progress. For instance, with the fourth stage almost completed, the price is expected to rise from the current price of $0.0243 per token to $0.0255 in the fifth presale stage.

    Notably, the Bitcoin Pepe project aims to bring Solana-like technology to the Bitcoin blockchain, introducing concepts like a Meme Layer-2 for BTC with instant transactions and ultra-low fees. The initiative also includes the launch of a new token standard, PEP-20, allowing for meme coin creation directly on Bitcoin, which they argue is the only blockchain that will “live forever.”

    Regulatory challenges highlighted by the LIBRA scandal

    While Bitcoin Pepe seems to be a success, the memecoin market was recently thrown into confusion following the rug pull of LIBRA, which was expected to be a successful crypto project after it was endorsed by Argentine President Javier Milei.

    Following the LIBRA debacle, which is partly blamed on possible insider trading, Nic Puckrin from Coin Bureau has criticized US regulators for failing to provide a framework that could prevent such incidents.

    According to Puckrin, this vacuum has allowed for fraudulent schemes to proliferate, leading to calls for agencies like the SEC or CFTC to step in. However, there’s a counterargument, with some like Christopher Perkins suggesting that memecoins already enjoy a degree of regulatory clarity under commodity laws, though the broader legal landscape remains grey for these digital assets.

    76% of memecoin investors believe rewards outweigh risks

    Despite the risks associated with meme coins, a recent Kraken survey reveals a surprisingly positive outlook on memecoins.

    According to the survey, an overwhelming 76% of investors believe that the potential rewards of investing in memecoins justify the risks involved. This sentiment is backed by 85% of US crypto holders who have ventured into the memecoin market, driven by factors like price volatility, FOMO, and social endorsements.

    Interestingly, while both genders invest in memecoins at similar rates, the survey shows that women tend to be more cautious, generally allocating a smaller portion of their portfolio to these high-risk assets.

    The survey also highlights that while many are optimistic about memecoins’ performance in 2025, the majority still approach these investments with caution, dedicating only a small fraction of their portfolio to memecoins. This cautious optimism reflects a broader understanding of memecoins’ role in the crypto ecosystem, not just as speculative assets but also as a source of entertainment and diversification.

    With that said, the Bitcoin Pepe (BPEP) memecoin leverages Bitcoin’s security and Solana’s speed, offering investors a compelling memcoin alternative that will possibly outshine previously launched meme coins.



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  • Blockchain Forum 2025: Global crypto leaders to meet in Moscow

    Blockchain Forum 2025: Global crypto leaders to meet in Moscow

    The countdown is on for the highly anticipated 14th Blockchain Forum, set to take place in the heart of Moscow on April 23-24, 2025.

    As the CIS market continues to solidify its global role in the cryptocurrency industry, this year’s forum is expected to attract over 15,000 participants, featuring some of the most influential names in Web3, cryptocurrency, and mining from more than 130 countries.

    The last event in Dubai generated significant buzz ahead of the bull run, bringing together industry leaders from Tether, TRON, Ledger, Trust Wallet, Tezos, Binance, TON, OKX, Ripple, Bitmain, Bybit, Animoca Brands, Circle, BingX, ICP, Kraken, Sandbox, Polygon, Litecoin, Sui, BNB Chain, Cardano, DYDX, VeChain, Osmosis, Chiliz, Algorand, Ether Fi, Manta, Mantle, and Delysium.

    As always, attendees can look forward to exclusive insights from market leaders, behind-the-scenes discussions, and countless networking opportunities. Founders and top executives from major companies will unveil strategies for capitalizing on current seasonal trends.

    Simultaneous translation of all presentations of worldwide stars into English will be provided free of charge.

    In addition, industry giants and opinion leaders will converge at the forum, vying for prestigious accolades at the Blockchain Life Awards, which will celebrate its 12th edition this year. This presents a unique opportunity to encounter CEOs of major exchanges and founders of renowned projects just on their way to the main stage, making exclusive connections more accessible than ever. Don’t miss your chance for invaluable networking opportunities!

    The presale is in full swing — secure your tickets now, as prices are expected to increase dramatically as the forum date approaches. We’ll see you there.

    Enjoy a 10% discount using the promo code COINJOURNAL at https://blockchain.forum/en

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  • The Fed is expected to cut interest rates twice in 2025, what might this mean for the Bitcoin price?

    The Fed is expected to cut interest rates twice in 2025, what might this mean for the Bitcoin price?

    The cryptocurrency market has gone mainstream. It is no longer retail investors’ assets as institutions globally are investing in Bitcoin and other major cryptocurrencies. 

    As a risk-based asset, Bitcoin’s price is affected by central bank policies, especially those from the United States Federal Reserve.

    Bitcoin’s rally in 2024 and connections with rate cut

    The cryptocurrency market was bullish in 2024, with the Bitcoin price surging by over 100%. The rally allowed Bitcoin to rally to an all-time high above $100k. A key catalyst to Bitcoin’s surge last year was the multiple rate cuts by the Federal Reserve.

    In 2024, the Fed cut rates three times, bringing it down to the target range of 4.25%-4.50%. Before then, the rate had been on a lofty plateau of 5.25%-5.50% since July 2023.

    The reduced interest rates affected Bitcoin’s price, allowing it to hit the $100k mark for the first time in its history. When interest rates are high, the cost of borrowing money is high. Higher interest rates decrease the liquidity in financial markets, providing more capital for less risky investments like bonds.

    However, lower interest rates increase the liquidity in financial markets, with investors opting to push money into riskier assets like Bitcoin. 

    Fed kept interest rates steady in January

    Bitcoin reached an all-time high price of $109,410 on January 20 as the market reacted to Trump assuming office. However, it has since lost 11% of its value and now trades just above $97k.

    A key factor in the poor market performance in the past few weeks was the Fed’s decision to hold interest rates steady. On January 29th, the Fed announced that the borrowing rate remained between 4.25% and 4.5%.

    Leaving the rate unchanged affected Bitcoin’s price as it has failed to rally to a new all-time high. It has also struggled to stay above $100k since the start of February. 

    Fed to cut interest rate twice in 2025

    The first FOMC meeting of 2025 saw the Fed leave the interest rate unchanged. The United States Fed is expected to cut rates twice before the end of the year. However, this decision will be affected by inflation levels.

    If the inflation levels rise sharply, the Fed will increase interest rates to curb the rising inflation. However, if inflation levels decline, the Fed will cut interest rates to stimulate the economy. 

    The CPI report earlier today, February 12th, revealed that inflation in the United States rose to 3%, its highest level since June 2024. The rising inflation could hamper possible interest rate cuts, with the news sending Bitcoin to the $94k level earlier today.

    Market analysts expect the Fed will lower rates twice this year, reaching 3.75%-4.00% by the end of 2025. However, the range of forecasts is wide, from a low of 3.00%-3.25% and a high of 4.50%-4.75%.

    Thanks to the expected rate cuts and other macroeconomic factors, analysts are optimistic Bitcoin’s price could reach a new all-time high. While predictions differ, most analysts are optimistic BTC’s price could hit between $150k-$200k before the end of the year.

    In addition to the expected lower interest rates, increased retail and institutional adoption could positively affect Bitcoin’s price in the coming months. Strategy (formerly MicroStrategy) continues to increase its exposure to Bitcoin while more companies are buying BlackRock’s spot Bitcoin ETF. 

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  • Bitcoin Pepe’s potential sets it for 100X gains as crypto majors stall

    Bitcoin Pepe’s potential sets it for 100X gains as crypto majors stall

    Despite the optimism and steady fundamentals that continue to buoy cryptocurrencies, majors like Bitcoin and Cardano remain range-bound. Even so, revolutionary projects founded on the ultra-popular meme culture are thriving. Among the fresh entities worth watching is Bitcoin Pepe.

    The meme project’s growth potential and subsequent FOMO is unmatched. In just the first 90 seconds of its presale, it has already sold out its stage 1. The one-of-a-kind project has maintained that momentum and is currently at stage 4. With 26 more stages to go before its launch in Q2’25, this is the ideal opportunity for savvy investors to amass some BPEP tokens. 

    Bitcoin’s anticipated breakout is on the horizon

    Bitcoin price is still in a tight range even as the bulls remain in control. After hitting a fresh record high in late January 2025, the crypto major is back to the consolidation phase that has been in place since November 2024. 

    As seen on Binance, the crypto fear & greed index is at a neutral level of 50, indicating that investors are on the sidelines. Even so, the support zone of $90,000 will likely remain steady in the short to medium term.

    In the absence of a major near-term catalyst, the range between $93,365 and $98,381 is worth watching. Infact, the range’s upper limit is the point of convergence for the 25 and 50-day EMAs. The confirmation of a golden cross, occurring when the short-term MA crosses the medium-term one to the upside, will likely bolster the crypto to the upper resistance level of $101,549.

    Bitcoin Price
    Bitcoin Price

    Bitcoin Pepe price to surge by over 300% before Q2’s launch

    All fundamentals point to Bitcoin Pepe being one of the fastest-growing ICOs in 2025. As the first meme ICO on Bitcoin’s network, it has brought the much-needed layer of meme culture to the leading crypto. 

    As seen on its website, its mission is to build “Solana on Bitcoin”. It is this unique amalgamation that has crypto enthusiasts rushing to amass some BPEP tokens before the price skyrockets. Based on its robust growth potential, the current price of $0.0243 may be the lowest for the meme coin going forward. 

     In about one week, it has already raised over $2.5 million with stage 3 being sold out. As part of this stage model, the token price increases by 5% with each stage. This means that the early adopters who jumped on this opportunity at stage 1 when it was at $0.021 have already made considerable gains. 

    At the end of the 30 stages, BPEP price will have increased by 311.4% to $0.0864. Even before hitting the public shelves, its holders will be sitting on hefty profits. Read more on how to buy Bitcoin Pepe.

    Cardano bulls to wait longer for the highly anticipated breakout

    Cardano Price
    Cardano Price

    Entering into 2025, Cardano was one of the crypto majors expected to benefit from the highly anticipated bull run. Indeed, this thesis was substantiated by the altcoin’s rallying past the psychologically crucial mark of $1 in early January.

    However, with the recent tech selloff, Cardano price has dropped by over 30% within one month. Even so, the crypto’s fundamentals remain steady. In addition to the optimism observed across the crypto market, hype over the possible approval of Grayscale’s Cardano ETF is set to support the altcoin.

    Based on this bullish thesis, Cardano price will likely remain above the crucial support zone of $0.7005. On the upside, the sustained death cross points to the continuation of range-bound trading. 

    The bulls will need to gather enough momentum to break the resistance at $0.8341. In the absence of a major bullish catalyst, a price increase past that resistance level will still encounter a short-term ceiling at $0.8875. 

     

     

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