Monat: Mai 2025

Veröffentlicht am

BTC fails to hit a new all-time high as Bitcoin Pepe’s presale tops $10.7m

Key takeaways

  • Bitcoin failed to make a new all-time high after hitting the $107k level earlier today.
  • The Bitcoin Pepe presale has surpassed $10.5 million, with 10 days left for investors to get in early on this project. 

BTC drops below $107k, failing to make a new all-time high

The cryptocurrency market has been positive since the start of the week. Bitcoin, the number one crypto by market cap, added over 2.5% to its value in the last seven days, hitting the $107k level earlier today.

However, BTC has now dropped below $107k as bulls failed to make a new all-time high. At press time, the price of Bitcoin stands at $106,457 but could rally higher in the near term.  

Market analysts are optimistic that Bitcoin will hit a new all-time high soon, and it is currently only 2.4% away from the current ATH price of $109,114. 

$BPEP’s price hits $0.0359 as presale nears conclusion

$BPEP, the native token of the Bitcoin Pepe ecosystem, is performing excellently as the Bitcoin Pepe presale approaches its end. Currently in its presale, $BPEP could rally higher once it launches on exchanges. This could be an excellent opportunity for investors to purchase the $BPEP token before the price explodes. 

Bitcoin Pepe is a unique project that aims to enhance memecoin trading on the Bitcoin blockchain. The team is developing an L2 network to leverage Bitcoin’s liquidity and security to build a thriving memecoin trading ecosystem. 

This network will enable developers to have access to tools to migrate their memes from other blockchains to the Bitcoin blockchain. The Bitcoin Pepe ecosystem will be fully powered by $BPEP, its native coin. Developers will use the token to pay for fees and other transactions.

Read more about Bitcoin Pepe’s memecoin ICO here.

Bitcoin Pepe’s presale hits $10.7m, CEXs to list token

Bitcoin Pepe’s presale is approaching its end, and the team has raised over $10.5 million so far. The presale gives investors an excellent opportunity to purchase the $BPEP token at a discount.

$BPEP is the first meme initial coin offering (ICO) on the Bitcoin blockchain and has gained widespread adoption among investors. The team will use the generated funds to develop some of its products and services. 

Bitcoin Pepe could gain massive adoption thanks to its proposed layer-2 network. Currently, there are millions of memecoins in the cryptocurrency market. Allowing developers to launch memecoins on Bitcoin, the world’s most liquid and secure blockchain, could see Bitcoin Pepe’s adoption grow tremendously in the coming months and years. 

Investors can buy $BPEP via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL. Once the presale concludes, $BPEP will list on various cryptocurrency exchanges. $BPEP going live on centralised cryptocurrency exchanges could also see its value soar higher in the short and medium terms. 

Want to buy the $BPEP token now? Visit the official website today.

The post BTC fails to hit a new all-time high as Bitcoin Pepe’s presale tops $10.7m appeared first on CoinJournal.

Veröffentlicht am

pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k

  • pSTAKE Finance price spiked 117% in 24 hours as Bitcoin hit $107k.
  • The Bitcoin finance liquid staking token looks poised for a potential pullback.
  • If bulls hold onto gains, a breakout above $0.08 could bring major levels into play.

pSTAKE Finance price soared by more than 117% as Bitcoin surged to above $107,000 and on the cusp of a new all-time high.

The liquid staking protocol’s native token skyrocketed by 117% to hit highs of $0.072. It’s a peak last seen in December 2024.

As the altcoin captured the attention of traders, profit-taking deals ate into the upside action.

PSTAKE traded around $0.060, up more than 64% in the past 24 hours.

Why is pSTAKE Finance price up?

pSTAKE Finance’s 117% surge coincided with Bitcoin’s climb to $107k, a rebound that came after bears pulled prices to near $102k amid a volatile start to the week.

This uptick for BTC meant several coins linked to the crypto king rose.

As a leading Bitcoin yield and liquid staking protocol, pSTAKE mirrored Bitcoin’s momentum.

Heightened interest in investment products underpinned by BTC could be the reason the Bitcoin-focused DeFi (BTCfi) platform pSTAKE Finance rallied.

The protocol’s ability to allow users to stake Bitcoin while maintaining liquidity aligns perfectly with the current BTCfi narrative, amplified by Bitcoin’s bullish momentum.

Additionally, pSTAKE’s integration with top blockchain networks has helped drive growth.

Most recently, the protocol has rolled out PSTAKE staking Season 13, which went live on Base on May 20, 2025.

“S13 has 0.0075 $cbBTC rewards with 8.5/12.5M max cap tokens staked,” pSTAKE posted on X.“Stake and participate in protocol community activities to get $cbBTC rewards.”

pSTAKE Finance price prediction

Sentiment is mostly bullish for PSTAKE. However, technical indicators and market dynamics may dictate overall direction.

The Relative Strength Index (RSI) stands at 91, indicating overbought conditions. It means a potential short-term price correction.

Also, the Moving Average Convergence Divergence (MACD) indicator supports this.

But while the MACD line remains above the signal line, bears breaking lower amid selling will be worth attention.

PSTAKE chart by TradingView

 

Given the overall market outlook, particularly with BTC rising, pSTAKE could test resistance at $0.10 and likely $0.2.

If it breaks this level, the next target will be $0.8 and the all-time peak of $1.25. DeFi adoption amid Bitcoin demand will be a key catalyst.

However, as the overbought RSI levels suggest, profit taking could accelerate a pullback.

Key support levels will be around $0.035 and $0.020.

The post pSTAKE Finance explodes 117% as Bitcoin rebounds to $107k appeared first on CoinJournal.

Veröffentlicht am

Justin Sun becomes top holder of $TRUMP token, claims spot at Trump Gala Dinner

  • Crypto founder’s stake in Trump-linked ventures now exceeds $93 million.
  • He is currently in discussions with the US Securities and Exchange Commission to settle civil fraud allegations.
  • The dinner is part of a sweepstakes-style campaign linked to the $TRUMP token, which grants exclusive access to the top 25 holders.

Crypto entrepreneur Justin Sun has emerged as the leading holder of the Trump-themed meme token $TRUMP, securing an invitation to a private dinner with President Donald Trump, along with access to a VIP gala reception.

The dinner is part of a sweepstakes-style campaign linked to the $TRUMP token, which granted exclusive access to the top 25 holders.

Sun announced late Monday on X that he topped the leaderboard, holding approximately $18.6 million worth of the token.

 
“Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!” Sun wrote.

“As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.”

Justin Sun and Trump’s crypto projects

In addition to his $TRUMP holdings, Sun has invested $75 million into World Liberty Financial — a separate Trump-linked crypto initiative described by Trump’s sons as a decentralized bank.

According to its structure, 75% of the platform’s revenue flows to entities owned by Trump.

Combined, Sun’s investments across the Trump crypto ecosystem now total more than $93 million.

Sun, who was born in China, is the founder of the Tron blockchain.

He is currently in discussions with the US Securities and Exchange Commission to settle civil fraud allegations.

The crypto founder was sued by the US Securities and Exchange Commission in 2023, which alleged that he orchestrated the unregistered offer and sale of securities through entities he owns and controls — the Tron Foundation, BitTorrent Foundation Ltd., and Rainberry Inc.

With former SEC Chair Gary Gensler no longer at the agency, both the SEC and Sun’s legal team are now reportedly seeking to pause the case.

The controversy around Trump’s meme coin dinner

Trump’s plan to host the event has sparked controversy, with Democratic Senators Elizabeth Warren and Adam Schiff calling for a federal ethics investigation.

They allege the initiative amounts to a “pay-to-play” scheme rife with “corruption and foreign influence,” citing that a significant number of traders involved in the coin appear to be based outside the United States.

The $TRUMP token rose about 4% on Tuesday, trading at $13.23, according to CoinMarketCap.

That price values its circulating supply at $2.65 billion, placing it among the top 40 cryptocurrencies by market capitalization.

Despite its valuation, the $TRUMP token, like many meme coins, lacks an underlying product or utility.

Its website makes clear that the token is “not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

 

The post Justin Sun becomes top holder of $TRUMP token, claims spot at Trump Gala Dinner appeared first on CoinJournal.