Tag: crypto

  • Crypto market sees over $230 million in liquidations

    Crypto market sees over $230 million in liquidations

    Buy the dip

    The crypto market continues to struggle with downward pressure, with over $230 million in liquidations recorded in a single day.

    Per data from Coinglass, total liquidations were up 157% in the past 24 hours. Over this period, more than 95,478 traders had been liquidated.

    At the time of writing, the total liquidations stood at $232 million. Data showed the largest single liquidation order coming in on Binance for an ETH/USDT position valued at $5.59 million.

    ETH, XRP and SOL liquidations

    The crypto market’s total capitalization stands at $2.8 trillion, with Bitcoin’s dominance at 58.9%.

    However, the latest wave of liquidations has hit traders hard, particularly those convinced the price was on the upward mend.

    With leveraged positions largely longs, most of the rekt positions were bullish bets. Coinglass data shows over $73 million and nearly $44 million are for Bitcoin and Ethereum.

    XRP and Solana also witnessed huge liquidation.

    Crypto price outlook

    As noted, Bitcoin (BTC) saw over $73 million in liquidations.  This followed another massive short position for BTC, with a whale taking a 40x leverage. The whale’s liquidation is above $86,000. BTC price currently hovers around $83,316. What happens to the whale?

    Crypto trader and analyst Ash Crypto notes an announcement from Strategy founder Michael Saylor buying more BTC could see the $380 million whale record substantial losses.

    “If Saylor announces that he is buying $2 billion Bitcoin soon or even hints it, $380 million 40x short whale will get liquidated in a single candle,” the analyst posted on X.

    Another analyst shared:

    Currently, Bybit, Binance and OKX lead the total liquidations mark.

    As bulls plot to fell the bears, the rising liquidations underscore the risks of leverage. In a volatile market, millions or even billions could get wiped out in hours.



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  • Crypto prices fall despite Trump’s Bitcoin reserve plan

    Crypto prices fall despite Trump’s Bitcoin reserve plan

    Bitcoin dips to $86k

    • Bitcoin was trading at around $88,000, dropping 1.50% in the last 24 hours
    • Ethereum, XRP, Solana, and Cardano have also seen prices dip following news of the Digital Asset Stockpile
    • TD Cowan analysts consider it a “compromise” and that the reserve is a positive move from the White House

    Crypto prices remained unchanged on Friday after US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve.

    Data from CoinMarketCap shows Bitcoin is trading around the $88,000 mark, dropping over 1.50% in the last 24 hours.

    Bitcoin price chart. Source: CoinMarketCap

    Ethereum, XRP, Solana, and Cardano have also remained relatively flat following the news. Solana saw the biggest drop, 5% over 24 hours, and is currently trading at $142. Earlier this month, Trump revealed that these would be the coins included in the crypto reserve.

    Notably, these coins weren’t mentioned in Trump’s executive order detailing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, which he signed on March 6.

    A “compromise”

    In a post on X, White House artificial intelligence (AI) and crypto czar David Sacks said:

    “The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.”

    Sacks also indicated that the executive order authorized the Secretaries of Treasury and Commerce “to develop budget-neutral strategies for acquiring additional Bitcoin, provided that those strategies have no incremental costs on American taxpayers.”

    In response, Michael Saylor, chair and CEO of Strategy, said: “I have a few budget-neutral strategies for acquiring additional Bitcoin.”

    With the news of the Strategic Bitcoin Reserve not pushing prices higher, TD Cowen analysts said they considered this a positive move from the White House, adding:

    “We view this as a compromise. The government is not spending taxpayer dollars to acquire new digital assets. It is simply not selling the ones that it seizes.”



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  • Trump’s crypto czar says lack of Bitcoin “long-term strategy” has cost taxpayers billions

    Trump’s crypto czar says lack of Bitcoin “long-term strategy” has cost taxpayers billions

    • Over the past 10 years, the federal government has sold around 195,000 Bitcoin for $366 million
    • Today, that figure would be worth over $17 billion
    • Sacks said the lack of a “long-term strategy” has cost American taxpayers

    White House artificial intelligence (AI) and crypto czar David Sacks has criticized the US federal government’s lack of “long-term strategy” with the sale of confiscated Bitcoin.

    In a post on X, Sacks wrote:

    “Over the past decade, the federal government sold approximately 195,000 Bitcoin for proceeds of $366 million. If the government had held the Bitcoin, it would be worth over $17 billion today. That’s how much it has cost American taxpayers not to have a long-term strategy.”

    Michael Saylor, Strategy’s chairman, responded: “You do not sell your Bitcoin.” Since 2020, Strategy (formerly MicroStrategy) has been actively purchasing Bitcoin. It currently holds 499,096 Bitcoin, valued at $44.72 billion.

    Crypto Summit

    The comment from Sacks comes as the White House gets ready to host its first Crypto Summit.

    So far, 20 crypto leaders have been invited to the event, which will take place on March 7. According to Sacks, they decided to keep the numbers down to have a “meaningful conversation” regarding crypto policies.

    An earlier report suggests that US President Donald Trump will unveil his plans for a Bitcoin reserve strategy during the roundtable. In an interview, US Commerce Secretary Howard Lutnick said:

    “A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday.”

    Some of those attending include Vlad Tenev, co-founder and CEO of Robinhood; Arjun Sethi, CEO of Kraken; Brian Armstrong, CEO of Coinbase; Cameron and Tyler Winklevoss, founders of Gemini; and Michael Saylor, executive chair of Strategy.

    Members of the Presidential Working Group on Digital Assets will also be in attendance.

    “Crypto czar”

    In December, Trump announced that Sacks would be the lead policy advisor on artificial intelligence and crypto, dubbing him the “White House AI and Crypto Czar.”

    Trump wrote that Sacks will take up the role which are “two areas critical to the future of American competitiveness,” adding, among other things, that “he will work on a legal framework so the crypto industry has the clarity it has been asking for, and can thrive in the US.”

    As part of his role, Trump added that Sacks will focus on making America a “global leader” in these areas, something Trump promised during his election campaign in August.



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  • Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    • The crypto market has crashed, losing $1.01 billion in liquidations.
    • Bitcoin (BTC) has plunged below $84k while altcoins like ETH and SOL have slumped 15-20%
    • Bitcoin Pepe’s presale offers a compelling alternative with the price set to rise from $0.0255 to $0.0268 in next presale stage.

    The crypto market is reeling from a brutal wave of liquidations. Over $1 billion in leveraged positions have vanished in the last 24 hours, according to Coinglass data.

    The liquidations have hit traders hard across major exchanges. Bitcoin alone accounted for $396.16 million in wiped-out positions. Ethereum saw $209.58 million evaporate, and Solana’s liquidations reached $70.55 million. Even meme coins weren’t spared—Dogecoin saw over $20 million in liquidations.

    The crypto market erased gains made earlier this week

    Bitcoin (BTC) has plummeted below $84,000 gain, shedding nearly 10% of its value in a single day. The tumble has reversed its rally past $95,000 earlier this week. It has hit an intraday low of $82,467.24 before stabilizing slightly above $83k.

    Ethereum (ETH) followed suit, diving 15% to $2,089, while altcoins like Solana (SOL) and XRP cratered by 20% and 18%, respectively. Cardano (ADA) also plunged 25% to $0.7998 as a majority of the other altcoins bore the blunt of the bloodbath.

    Meme coins were not spared either. Shiba Inu (SHIB) and Pepe Coin (PEPE) have dropped 13% and 18%, respectively, while Sonic (S) and Trump-backed tokens have shed 23% to 25,% respectively. It seems the high-risk corner of the market faced unrelenting exits as fear gripped traders.

    Notably, the crypto market carnage mirrors a broader market slump, with the global crypto market cap tumbling 10% to $2.76 trillion.

    What is causing the crypto market to drop?

    Investors blame CME futures gaps and thinning liquidity for the sudden crypto market drop. Analysts point to liquidity gaps and leveraged bets gone wrong as the culprits.

    Trump’s talk of a strategic crypto reserve couldn’t shield the market from broader economic tremors; the selloff has erased gains sparked by optimism over President Donald Trump’s pro-crypto moves.

    Besides the liquidity gaps, economic factors are also to blame for the crypto crash. Trump’s new 25% tariffs on imports from Canada and Mexico have sparked trade tensions.

    Canada and Mexico supply a third of US goods, and the tariffs threaten growth and stoke inflation fears.

    Following the introduction of the tariffs, American stocks also tanked alongside crypto, with the Dow Jones falling 650 points. The VIX index also jumped to 22, signaling rising market panic.

    Historically, cryptocurrencies falter when fear dominates, pushing investors to the sidelines.

    Bitcoin Pepe emerges as a haven for crypto investors

    Amid this chaos, Bitcoin Pepe stands out as a bold contender. Pitched as the “World’s Only Bitcoin Meme ICO,” blending Bitcoin’s durability with meme coin flair, the project aims to build a Meme Layer-2 for Bitcoin, promising instant transactions and ultra-low fees. Its PEP-20 standard lets users launch memecoins on Bitcoin’s blockchain.

    Unlike the currently bleeding altcoins and memecoins, Bitcoin Pepe is currently in its presale stages, which are structured to ensure the price rises with each presale stage progression.

    The presale is gaining traction despite the market rout. Currently in stage 5 of 30, the presale has raised $3,690,133. The current price sits at $0.0255 and is set to rise to $0.0268 in the next stage.

    The project’s smart contract has already been audited by SolidProof, offering a glimmer of credibility in a sea of uncertainty.

    Interested investors can connect wallets and buy in, betting on its vision of “Solana on Bitcoin” as a lifeline. The project’s whitepaper and roadmap pitch a future where meme coins thrive on the “only chain that will live forever.”

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  • Unity Wallet COO: three factors are affecting crypto market prices

    Unity Wallet COO: three factors are affecting crypto market prices

    • The Bybit hack has increased fears over centralized exchange security vulnerabilities
    • US President Donald Trump’s trade tariffs are increasing market uncertainty
    • Trump’s crypto promises may have started as being great, but they could end up proving catastrophic

    Three things are contributing to the drop in crypto prices, which has seen Bitcoin fall 7.50% over 24 hours to $78,000, according to Unity Wallet’s COO.

    BTC price at $78,000. Source: CoinMarketCap

    It’s a significant drop from Bitcoin’s all-time high, which reached $109,000 in January ahead of US President Donald Trump’s inauguration.

    According to James Toledano, it feels like optimism around the crypto market post-election created a bubble and that the “reality post-inauguration is now setting in – and hard,” he said to CoinJournal.

    In Toledano’s view, the Bybit hack at the crypto exchange last Friday—which resulted in the theft of nearly $1.5 billion worth of Ethereum—is one of the contributing factors affecting crypto prices.

    Undermining investor confidence, it has led to panic withdrawals and a market-wide selloff across the board. While Bybit’s CEO, Ben Zhou, quickly responded to the hack, the situation has increased “fears about centralized exchange security vulnerabilities—which only solidifies the case for self-custodial services,” Toledano continued.

    Dom Harz, co-founder of BOB (“Build on Bitcoin”), a hybrid Layer-2, said to CoinJournal the theft at Bybit is a “stark reminder of the industry’s fundamental issues,” adding:

    “We’ve been hypnotized by price spikes, memecoin frenzies, and media spectacles, forgetting that crypto was meant to be a new financial system—one built on decentralized protocols that make finance accessible to everyone. Bybit just gave us a $1.5 billion reminder that we are nowhere near that reality.”

    Trump’s tariffs

    The continued market selloff follows Trump’s trade tariff announcement earlier this week.

    During his election campaign, the US president made promises regarding crypto, stating that America will be the “crypto capital of the planet.”

    Since entering the White House, he has appointed pro-crypto individuals to reshape government agencies, namely Paul Akins as the incoming chair of the US Securities and Exchange Commission (SEC).

    Mark Uyeda is currently acting chair of the SEC.

    Trump also signed an executive order to establish a crypto working group to provide regulatory clarity. It’s also expected that the working group will look into the potential of a national crypto stockpile.

    Yet, despite these steps, Trump’s trade wars—which could soon hit the EU, the world’s largest trading bloc, with a 25% tariff—is increasing market uncertainty.

    According to Toledano, Trump’s tariffs are “harming the global economy” and that many in the crypto space feel let down by the US president.

    “The promise was great and the reality is potentially proving to be catastrophic,” he added. “It does make me wonder if Trump understands that financial verticals are interlinked and increasingly converging.”

    Biggest economic risk

    The third contributing factor affecting market prices—according to Toledano—are questions around the overall governance of the US.

    An article by Chatham House suggests that the biggest economic risk from Trump’s presidency is a loss of confidence in US governance. It reads that while Trump’s policies may seem mild in the short term, steps that undermine the US and its international allies could have lasting effects.

    “I rarely get spooked from the peaks and troughs that crypto presents but when I combine what’s happening with traditional equities volatility, I think there is cause for concern right now,” said Toledano.

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  • iDEGEN hits public shelves with momentum as crypto prices crash

    iDEGEN hits public shelves with momentum as crypto prices crash

    Bitcoin dump

    AI meme crypto market has grown to a market cap of $2.4 billion, and iDEGEN is set to take its rightful position on the table. After three months in the presale stage, it has hit the public shelves with the same viral momentum. 

    Its early adopters are set to continue reaping big from the project as the uncensored AI agent revolutionizes the crypto space. In addition to the 300,000% gains already locked in, its value may surge by at least 10X in coming months. This is despite the selling pressure current felt across the crypto majors.

    Ripple price chart pattern hints at further selling pressure in the short term

    After trading steadily above the support zone of $2.5000 in the past one week, Ripple price has plunged by about 16% since Monday. Similar to other crypto majors, the altcoin is under pressure as extreme fear grips the broader market. 

    A look at its daily chart points to the formation of a bearish death cross pattern as the short-term 25-day EMA crosses the 50-day EMA to the downside. In the near term, the range between $2.0000 and $2.3357 is worth watching. For a firm trend reversal, the bulls will need to gather enough momentum to rebreak the resistance at $2.5500.

    XRP Price
    XRP Price

    iDEGEN debuts on Raydium with the same viral momentum

    iDEGEN has hit the public shelves as promised; ending the three-month-long presale. It has debuted on Raydium, a Solana-based DEX and is set to also list on BitMart on 4th March.

    What started on a blank slate ready to learn from the crypto degens on X has grown into an ultra-popular AI crypto with the potential to compete with other AI meme coins like AI16Z, Hamster Kombat, and Fartcoin. 

    In three months, it has managed to raise $25 million. This has been made possible by its aggressive community, apt timing, and booming AI crypto market. If the presale is anything to go by, its viral momentum is set to yield growth of atleast 10X in the coming months. At its last stage price of $0.038, its early adopters are already enjoying returns of upto 300,000%. 

    Bitcoin spot ETF records streak of outflows as tariff jitters persist

    Bitcoin price

    Concerns over the impact that Trump’s trade policies will have on the US economy have triggered a shift in the market sentiment. Compared to last week’s neutral level of 49, the crypto fear & greed index is now at an extreme fear level of 10. 

    With the resultant plunge in Bitcoin price, Bitcoin spot ETFs have seen persistent outflows as its institutional demand falls. According to SoSoValue, Bitcoin spot ETFs recorded daily total outflows of $754.53 million on Wednesday. Notably, the trend has been on for 7 sessions in a row. 

    On its daily chart, the bearish death cross pattern points to continued selling pressure in the short term. At its current level, the bulls will be keen on defending the support at $81,600. A subsequent correction may have it rebound past $85,000 to find resistance at $90,000. 

       

     

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  • UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    • Stacks’ sBTC gains traction with UTXO, SNZ, Jump Crypto as early adopters.
    • With this adoption, the demand for sBTC has tripled capacity in under 24 hours.
    • The sBTC unlocks Bitcoin DeFi, with withdrawals set to start in March 2025.

    A new wave of institutional adoption is sweeping through the Bitcoin ecosystem as Stacks, a prominent Bitcoin Layer 2 solution, celebrates the rapid uptake of its decentralized, Bitcoin-backed asset, sBTC.

    Leading the charge among early sBTC adopters are industry heavyweights UTXO Management, SNZ, and Jump Crypto, signalling strong confidence in sBTC’s potential to unlock decentralized finance (DeFi) utility for Bitcoin holders worldwide.

    UTXO Management, a key player with its venture arm backing top Bitcoin companies and its liquid fund 210k Capital deploying resources across public and private markets, has embraced sBTC as part of its Bitcoin strategy.

    Jump Crypto, a division of the renowned Jump Trading Group, brings its expertise as a quantitative trading firm and infrastructure builder to the table. Saurabh Sharma of Jump Trading notes, “sBTC fosters a more dynamic and interconnected financial landscape.”

    SNZ, a crypto-native investment firm with a footprint in Hong Kong, Singapore, and the US, continues its legacy of supporting Bitcoin innovation. It was an early backer of Stacks and other public blockchains in Asia.

    Other notable participants include CMS Holdings, an active investor in Bitcoin scaling ventures; RootstockLabs, a pioneer behind the Rootstock sidechain; Sypher Capital, with its focus on generating native Bitcoin yield; and Asymmetric Research, a security partner to major protocols like Solana and Wormhole.

    Together, these institutions underscore sBTC’s broad appeal across the crypto ecosystem, from trading and investment to technical development and security.

    The rising enthusiasm for sBTC

    Launched on the Stacks mainnet in December 2024, sBTC has quickly positioned itself as a game-changer in the tokenized Bitcoin landscape, enabling programmable smart contracts and transactions secured by Bitcoin’s robust infrastructure.

    The enthusiasm for sBTC was evident from the start, with its initial capacity cap filled by a roster of influential depositors, prompting a second cap raise that tripled availability on February 25th.

    Remarkably, this expanded capacity was fully subscribed in under 24 hours, reflecting surging demand from institutions, wealth managers, builders, and retail investors alike.

    Among the standout sBTC use cases driving this momentum is Zest, a fast-growing application that has already captured nearly 40% of the sBTC within the protocol, showcasing the asset’s immediate usability and appeal.

    For Bitcoin enthusiasts, sBTC represents a bridge between the cryptocurrency’s unparalleled security and the dynamic possibilities of DeFi.

    Unlike traditional staking or locking of Bitcoin on its base layer, sBTC activates capital by enabling a wide range of financial applications, from yield generation to lending and decentralized exchanges.

    Alex Miller, CEO of Hiro, a developer tooling company within the Stacks ecosystem, emphasized the sBTC’s transformative potential stating that the growing adoption of sBTC provides essential liquidity for developers building and scaling applications.

    Notably, the rise of sBTC comes amid a broader surge in Bitcoin Layers, which have seen their total value locked (TVL) soar by over 460% in the past year, climbing from approximately $500 million in 2024 to $2.8 billion by February 2025, according to CoinGecko data.

    This growth reflects a growing recognition among Bitcoin (BTC) holders that Layer 2 solutions like Stacks can enhance functionality without compromising the core principles of security and decentralization.

    With tokenized Bitcoin assets now accounting for 1.67% of BTC’s circulating supply, the highest level since October 2022, sBTC is poised to play a central role in this evolving narrative.

    Looking ahead, Stacks is preparing to roll out withdrawal functionality for sBTC in March 2025, a milestone that will further solidify its utility. As the leading Bitcoin Layer 2 by developer traction and market cap, Stacks is driving a movement to transform Bitcoin’s $1 trillion in passive capital into a fully programmable, productive asset.

    With support from top staking providers, custodians, and ecosystems like Solana and Aptos, sBTC is not just connecting Bitcoin to DeFi—it’s paving the way for a future where all roads in crypto lead back to Bitcoin.

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  • 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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  • 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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  • 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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