Monat: Mai 2025

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Ethereum and XRP prices regain momentum as Bitcoin Pepe gains steam

Bitcoin price rallied to a fresh all-time high of $111,881 earlier on Thursday as the bulls eye $120,000. With the heightened risk-on mood, leading altcoins and meme coins, including Ethereum and Ripple, have recorded significant gains. 

Notably, the Bitcoin-led rallying has attracted more buyers to the first meme ICO on the Bitcoin network, Bitcoin Pepe. The project, which is already experiencing a surge in investor interest ahead of its presale end on 31st May, is set to record 100X growth in coming months. Indeed, it has already announced CEX listings. 

Ethereum ETF records streak of daily inflows as investor interest surges

Ethereum bulls have succeeded at defending the crucial support zone of $2,500; bolstering the top altcoin to a one-week high as Bitcoin reached a new all-time high. At the time of writing, ETH was trading at $2,683; slightly lower than the three-month high it hit last week. 

In addition to the price action, US ETH spot ETFs are moving in tandem with the bullishness in the broader crypto market. Data released by SoSoValue highlights a streak of inflows over the past four sessions. 

On Wednesday, BlackRock’s ETHA topped daily net inflows at $24.86 million. At the same time, Fidelity’s FETH recorded daily net outflow of $24.28 million will the rest in the top 9 list had zero flows.

On its daily chart, Ethereum price continues to trade above the 25 and 50-day EMAs. With the heightened risk-on mood, I expect the crypto major to continue holding steady above the crucial support zone of $2,500 as the bulls strive to hit a fresh 3-month high at $2,750.

Interest in Bitcoin Pepe skyrockets as Bitcoin hits new all-time high

On 11th February, Bitcoin Pepe presale started and in the first 90 seconds, it had already sold out stage 1. Indeed, it raised over $1.2 million on its first day as investors rushed to be part of this one-of-a-kind project. Its attractiveness was largely founded on its mission of using a Layer-2 solution to merge the meme culture and Bitcoin’s security. It sort to bring meme coins back home to the most secure network and investors were sold.

Three months later, that momentum has not slowed. Infact, since Bitcoin Pepe announced a CEX listing on 31st May, investors are rushing to amass some BPEP tokens at the current price of $0.0359. With its robust growth potential, this might be the lowest price that the meme crypto will ever get to moving forward. 

So intense is the FOMO, that the project has raised over $1 million in just one week. Since the start of the 90-day presale, it has raised over $10 million. As the presale flows skyrocket and Bitcoin hits a new all-time high, crypto enthusiasts have a short window to enter the market and watch as their initial investment grows a hundred-fold. Hurry up and buy Bitcoin Pepe here.

Ripple price defies path set by bearish pattern as market sentiment improves

Over the past one week, Ripple price has largely been trading within descending trend lines as the market processed the court’s rejection of the Ripple Labs – SEC joint agreement request. As Bitcoin’s fresh all-time high boosts the sentiment in the broader market, XRP appears to be attracting more buyers. 

A look at its four-hour chart shows the 25 and 50-day EMAs converging at the crucial support zone of $2.3865. With the probable formation of a bullish golden cross pattern, the range between that support zone and $2.4550 is worth watching. 

Past that level, more buyers may bolster the altcoin to the next target at $2.5000. On the flip side, a pullback would place the support level at $2.3464 as the bulls keep the crypto off the previously formed descending trendlines.

The post Ethereum and XRP prices regain momentum as Bitcoin Pepe gains steam appeared first on CoinJournal.

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Bitcoin reaches new all-time high above $111,000 amid regulatory hopes

Bitcoin surged to an unprecedented high on Thursday, breaching the $111,000 mark for the first time as a confluence of factors, including growing institutional demand and positive regulatory signals from the US, fueled a wave of bullish sentiment across the cryptocurrency market.

The world’s original cryptocurrency climbed as much as 3.3% on Thursday to achieve a new record of $111,878, according to data compiled by Bloomberg.

This landmark achievement was not isolated, as smaller tokens also caught the updraft; second-ranked Ether, for instance, was up approximately 5.5% at one point during the rally.

A significant undercurrent of optimism is currently buoying Bitcoin.

This has been notably stoked by the recent advancement of a key stablecoin bill in the US Senate, a development that has kindled hopes for greater regulatory clarity for digital-asset firms under President Donald Trump, who has expressed a generally pro-crypto stance.

Alongside these regulatory tailwinds, surging demand from prominent institutional players is acting as a powerful driving force.

Michael Saylor’s MicroStrategy, which has famously stockpiled over $50 billion worth of Bitcoin, leads a growing cohort of entities actively accumulating the token.

“It has been a slow motion grind into new all-time highs,” observed Joshua Lim, global co-head of markets at FalconX Ltd.

There’s no shortage of demand for BTC from SPAC and PIPE deals, which is manifesting in the premium on Coinbase spot prices.

This demand is being met by a diverse group of buyers, including a flurry of lesser-known small-cap companies and newly established public firms led by crypto industry heavyweights, who are financing their Bitcoin acquisitions through various means, from convertible bonds to preferred stocks.

Illustrating this trend, an affiliate of Cantor Fitzgerald LP is reportedly collaborating with stablecoin issuer Tether Holdings SA and SoftBank Group to launch Twenty One Capital Inc., a company designed to emulate MicroStrategy’s Bitcoin-centric business model.

Separately, a subsidiary of Strive Enterprises Inc., co-founded by Vivek Ramaswamy, is in the process of merging with Nasdaq-listed Asset Entities Inc. to form a dedicated Bitcoin treasury company.

Beyond momentum: quantifiable demand fuels rally

Market experts emphasize that the current rally is not solely based on speculative momentum.

“Unlike previous cycles, this rally is not momentum-driven alone,” stated Julia Zhou, COO of crypto market maker Caladan.

It is quantitatively underpinned by measurable, persistent demand and supply dislocations.

This suggests a more fundamentally sound basis for the ongoing price appreciation.

Interestingly, Bitcoin’s outperformance relative to smaller cryptocurrencies, often referred to as altcoins, is widening.

An index tracking these alternative tokens is down approximately 40% year-to-date, while Bitcoin itself has registered a 17% gain so far in 2025, highlighting a flight to perceived quality within the digital asset space.

Activity in the options markets further underscores the bullish sentiment.

Earlier this week, traders built significant Bitcoin positions, with call options at strike prices of $110,000, $120,000, and even an ambitious $300,000, all expiring on June 27, logging the highest open interest (number of outstanding contracts) on the derivatives exchange Deribit.

This activity points to strong expectations of further upside.

Tony Sycamore, a market analyst at IG, remarked in a note that the fresh record high demonstrates that Bitcoin’s sharp decline from a previous peak set on January 20 (to below $75,000 in April) was merely “a correction within a bull market.”

He added, “A sustained break above $110,000 is needed to trigger the next leg higher towards $125,000.”

Political intersections and market perceptions

Bitcoin’s latest milestone coincides with President Trump preparing to meet with major holders of his memecoin at a dinner event at his golf club near Washington on Thursday.

This event has drawn scrutiny from ethics experts, who argue it offers privileged access through transactions that directly benefit the president, thereby sparking criticism over potential conflicts of interest.

While such events contribute to crypto’s growing mainstream presence, their direct market impact is debated.

Yuan Rong Tan, a trader at QCP Capital, commented that such events “highlight crypto’s increasing cultural visibility, though they have not had a measurable impact on market dynamics at this stage.”

The post Bitcoin reaches new all-time high above $111,000 amid regulatory hopes appeared first on CoinJournal.

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KAITO price prediction after Kaito Pro Mobile Beta update

  • The price of KAITO is approaching the key $2.50 resistance zone.
  • Kaito’s Yapper community growth and the new Kaito Pro Mobile update have boosted KAITO’s utility and community engagement.
  • A breakout above $2.50 could push KAITO cryptocurrency to retest the $2.90 ATH.

KAITO has attracted considerable attention recently as its price demonstrates strong bullish momentum that has seen its price rise by over 176% over the last month.

This price surge has stirred optimism among investors and traders alike, who now closely watch the cryptocurrency’s next price trajectory.

With technical indicators showing promising signs and fresh ecosystem developments underway, KAITO appears poised for potential significant gains in the near term.

KAITO price analysis

The recent KAITO price action reveals a striking 20% surge in the last 24 hours, pushing KAITO to trade around $2.19.

This upward move follows a period of consolidation, where the price hovered between $1.70 and $1.90 for nearly a week, indicating a buildup of buying pressure.

Prior to this, KAITO experienced a sharp rally in early May, climbing from $0.79 to nearly $2, marking a stunning 150% gain in just four days.

Currently, KAITO is testing a crucial resistance zone close to $2.50, which represents a post-all-time high (ATH) breakdown level.

This resistance area previously halted price advances after the token’s ATH of $2.90 was reached on February 27, 2025.

If KAITO manages to break above this resistance cleanly, it could pave the way for a retest of the $2.90 ATH, offering a possible 30% upside from current levels.

Consequently, traders are eagerly watching for this breakout as a confirmation of sustained strength.

Technical indicators provide additional insight into the token’s potential trajectory.

The Relative Strength Index (RSI) is currently at 69, nearing the overbought threshold, which implies strong buying momentum but also signals caution.

Meanwhile, the Moving Average Convergence/Divergence (MACD) remains bullish, with the MACD line comfortably above the signal line, though the histogram suggests a slight slowdown in momentum.

Despite this, trading volume has remained steady since the breakout in early May, supporting the price rise.

KAITO ecosystem continues to grow

Beyond price action, the ecosystem surrounding KAITO continues to evolve in ways that may influence market sentiment positively.

The recent update to the Kaito Pro Mobile Beta introduces several innovative features, such as direct access to Token Mindshare heatmaps and enhanced metasearch capabilities.

These improvements allow users to track token popularity and sentiment across platforms more efficiently, fostering greater transparency and community engagement.

Moreover, Kaito’s Yapper community has gained momentum, largely fueled by the Yapper Launchpad, which empowers users to vote on upcoming projects for the Yapper Leaderboard.

This community-driven approach strengthens the project’s foundation by involving token holders in key decisions.

Additionally, the launch of the Rewards Station within the Kaito Earn platform incentivises active participation by distributing weekly payouts in sKAITO tokens, further encouraging engagement and loyalty.

Given these developments, the market appears optimistic about KAITO’s prospects. The combination of strong technical momentum and a thriving ecosystem creates a supportive environment for price appreciation.

However, traders should remain aware of the RSI’s near-overbought condition, which might lead to short-term corrections before any sustained rally.

The post KAITO price prediction after Kaito Pro Mobile Beta update appeared first on CoinJournal.

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Analysts see bullish momentum for Moo Deng memecoin even after 11% drop

  • Moo Deng has dipped by double digits, although uptrend momentum remains intact.
  • Vitalik’s backing and KRW listing boost long-term sentiment.
  • Moon Deng must hold above the 0.618 Fibonacci retracement support level for the continuation of the bullish trend.

After a splendid performance, the Moo Deng memecoin has seen its price drop by about 11.9% over the past week, signalling a pause in its recent bullish momentum.

This correction follows a euphoric rally that captured significant market attention, propelled by both celebrity-level virality and support from Ethereum co-founder Vitalik Buterin.

The price currently trades at approximately $0.231, down from recent highs that brushed against the $0.27 mark, reflecting a cooling-off period after intense speculative activity.

Technical analysis suggests continued bullish momentum

Despite the dip, Moo Deng’s broader trend remains intact, supported by a strong confluence of technical indicators and a surge of institutional interest following its listing on Korea’s Coinone exchange.

Even though the memecoin has shed close to 14% from its local high, analysts are viewing the retracement as a healthy part of the current uptrend rather than a shift in trend.

As price retreats, it is now testing a support-rich confluence zone that includes the 0.618 Fibonacci retracement level, the 200-day moving average, and a long-term high time frame support range.

Historically, such zones have triggered strong bullish reactions, and if this pattern holds, the recent dip may represent an ideal accumulation opportunity.

Bulls are looking for the formation of a higher low that would reinforce the validity of the ongoing uptrend.

If Moo Deng confirms support here and begins to reverse, the price is likely to target previous resistance levels near $0.31 and possibly $0.35 in the coming sessions.

Fundamentals and sentiment remain strong despite volatility

Notably, the current price retracement came just weeks after Vitalik Buterin donated 88 ETH, worth around 10 million Thai baht, to Khao Kheow Zoo in Thailand to sponsor Moo Deng, the real-life pygmy hippo behind the memecoin, as promised in December 2024.

That high-profile gesture not only elevated Moo Deng’s global profile but also catalysed a dramatic surge in price and trading volumes, with the token gaining over 125% in the days that followed.

Although the hype has temporarily settled, the coin still benefits from strong community engagement, viral momentum, and expanding market access via the KRW market on Coinone.

The combination of cultural relevance, blockchain symbolism, and real-world charity has created a uniquely resilient narrative around MOODENG, giving it more staying power than typical memecoins.

While short-term traders may react to pullbacks with caution, long-term holders appear confident that this correction is part of a larger bullish pattern.

With Moo Deng trading within a predictable technical structure and supported by increasing liquidity, market watchers are now eyeing a potential rebound that could reestablish upward momentum.

If this support level holds and the anticipated higher low forms, MOODENG could soon resume its climb and challenge its recent highs, making the current dip a potentially strategic re-entry point.

The post Analysts see bullish momentum for Moo Deng memecoin even after 11% drop appeared first on CoinJournal.