Monat: Mai 2025

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Best crypto to buy as markets breathe easy on trade war de-escalation

  • Emerging projects like Bitcoin Pepe are gaining momentum amid the broader crypto rebound.
  • Bitcoin Pepe (BPEP) presale has maintained strong traction since its launch in early February.
  • The presale has so far raised over $8.1 million, with BPEP tokens currently priced at $0.0326.

The cryptocurrency market capitalization remains above $3.35 trillion on Wednesday, with Bitcoin (BTC), Ethereum (ETH), and XRP all trading in the green.

Market sentiment has shown marked improvement following the resolution of key geopolitical overhangs.

The Trump administration’s trade deal with the UK, along with a temporary agreement to ease reciprocal tariffs with China, has helped reduce uncertainty and restore risk appetite among investors.

The change in sentiment was also highlighted by crypto analyst Ali Martinez, who posted on X that over $35 billion has flown into the crypto market in just the last three weeks.

The shift in sentiment is reflected in the Crypto Fear & Greed Index, which climbed to 74 at the time of writing, up from 67 last week, indicating growing confidence across the market.

According to CoinGecko, the top 10 cryptocurrencies by market capitalization have posted nearly double-digit gains over the past seven days.

The total market capitalization of cryptocurrencies excluding Bitcoin has rebounded to levels last seen in February, now just 6.33% shy of the $1.34 trillion mark.

Emerging projects like Bitcoin Pepe are gaining momentum amid the broader crypto rebound.

Is the worst of the trade war over?

In a development that exceeded market expectations, the United States and China agreed on Monday to roll back most newly imposed tariffs for a 90-day period as both sides prepare to negotiate broader economic and trade issues.

The move signals a temporary de-escalation in tensions that have rattled global markets throughout the year.

China—America’s second-largest goods supplier in 2024 and the only country among the 180 targeted by US “reciprocal” tariffs to launch full-scale retaliatory measures—has been at the centre of the standoff.

Markets responded positively to the truce. Hong Kong’s Hang Seng Index has rebounded to levels seen just before the early April flare-up in trade tensions, while the S&P 500 has returned to positive territory for the year, reversing weeks of uncertainty-driven losses.

Still, some analysts caution that the reprieve may be short-lived.

“It might be just the beginning of the inevitable collision of the two largest economies,” Ting Lu, chief China economist at Nomura, wrote in a note Monday. “The US is still on the offensive, but China might learn much better how to dig itself in for the future attack.”

While the 90-day suspension of new tariffs has eased immediate tensions, it has done little to eliminate uncertainty for American businesses.

“A 90-day suspension, while welcome, still creates significant uncertainty for US companies’ business planning and costs, undermining their long-term global competitiveness,” the US-China Business Council said in a statement earlier in the week.

The group also called on Beijing to “end unfair trade practices and market-entry barriers.”

Meanwhile, Beijing showed few signs of softening its rhetoric. At a conference with Latin American and Caribbean leaders on Tuesday, Chinese President Xi Jinping took indirect aim at Washington.

“Bullying and coercion only lead to isolation,” Xi said, without naming the US directly.

Why Bitcoin Pepe may prove a good bet in these uncertain times

Despite the crypto market’s rollercoaster ride over the past few months, the Bitcoin Pepe (BPEP) presale has maintained strong traction since its launch in early February.

Investor interest has remained resilient, underscoring the appetite for early-stage, speculative plays that blend market narratives with viral potential.

Bitcoin Pepe is positioning itself at the intersection of Bitcoin’s institutional credibility and the explosive appeal of meme coins, aiming to establish a unique foothold within the crypto ecosystem.

As the first meme-centric Layer 2 project built on the Bitcoin network, Bitcoin Pepe seeks to unite two powerful market trends. Its messaging highlights this vision:

“Meme coins hit $100B without Bitcoin. Bitcoin sits at $2T without memes. We’re the first to merge them.”

The presale has so far raised over $8.1 million, with BPEP tokens currently priced at $0.0326. The offering is scheduled to close on May 31, 2025.  

A potential exchange listing is expected shortly after the presale concludes, which could act as a catalyst for further price movement.

With overall market sentiment improving and speculative appetite returning, Bitcoin Pepe may continue to attract attention from investors seeking exposure to high-volatility, meme-driven assets with early-stage upside.

The post Best crypto to buy as markets breathe easy on trade war de-escalation appeared first on CoinJournal.

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Mantra price forecast improves as Nansen joins as validator

  • MANTRA price is up this past week, with OM trading more than 13% up in this time frame.
  • Nansen has joined MANTRA as a validator.
  • OM token crashed to near zero earlier in the year.

MANTRA (OM) remains largely bearish despite a recent spike that sees the token trade above $0.43.

While optimism has reentered the MANTRA Chain ecosystem following the devastating crash earlier this year, price remains well below $1 and off its all-time highs.

As of writing, OM token traded at $0.43, slightly off the intraday highs of $0.46.

MANTRA Chain adds Nansen as validator

On May 14, MANTRA announced that Nansen, a leading blockchain analytics platform, has become one of its validators.

The strategic collaboration between MANTRA and Nansen allows the blockchain analytics firm to expand its presence in the crypto space with a new mission – help contribute to the Mantra ecosystem’s decentralization and security.

“We’re proud to support MANTRA as a validator and bring our analytics capabilities to a Layer-1 chain focused on real-world compliance. As institutional demand for blockchain infrastructure grows, platforms like MANTRA will play a pivotal role in bridging the gap between Web2 and Web3. We look forward to contributing to this evolution,” said Alex Svanevik, chief executive officer of Nansen.

The entry of Nansen as a validator aligns with recent developments and plans of the MANTRA team.

In April, MANTRA founder and CEO John Patrick Mullin provided an update that noted network resilience and growth despite OM price plummeting. Mullin added that the layer 1 blockchain network was looking to make governance improvements, mainly focused on decentralization.

“We’re accelerating our validator diversification efforts by winding down internal validators while adding more support partners. By the end of Q2 2025, we’ll have reduced internal validators by half and onboarded 50 total external partner validators,” he wrote.

He also confirmed a150 million OM token burn.

Mullin added in the latest announcement,

As we work to wind down MANTRA Chain Association validators and further decentralize the network, we are thrilled to have Nansen join MANTRA as an external one. It’s a welcome addition and change that reflects the significant governance improvements we are currently making on MANTRA Chain and our improved focus upon decentralization and transparency.

OM price outlook

MANTRA will leverage Nansen’s integration to unlock on-chain insights, with ecosystem participants benefiting from various key metrics.

MANTRA’s price was up about 5% in the past 24 hours and more than 13% up in the past month.

While an update in April, including a sizable burn, sent some assurance to OM holders, the price has not broken higher as anticipated.

But is MANTRA Chain’s token about to rally higher as the platform welcomes a new validator?

The post Mantra price forecast improves as Nansen joins as validator appeared first on CoinJournal.

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SNX token rises as Synthetix moves to re-acquire Derive for mainnet perps

  • Synthetix’s SNX token today jumped 11% amid $27M Derive re-acquisition news.
  • Synthetix plans to merge Derive’s options stack into Synthetix’s mainnet perps.
  • The proposal will involve swapping 27 DRV for 1 SNX, with Synthetix minting new 29.3M SNX tokens.

Decentralised finance (DeFi) platform Synthetix has announced a $27 million token swap deal to re-acquire options trading platform Derive, a move that has catalysed a significant uptick in the SNX token’s market performance.

The SNX token jumped over 11% to hit an intraday high of $0.9564 following the announcement, lifting the SNX price to a 40% rally over the past week.

This boost in SNX price reflects both speculation around the token-swap deal and renewed optimism for the decentralised finance platform’s roadmap.

Synthetix’s token-swap deal to acquire Derive

Derive originally spun out from Synthetix under the name Lyra in 2021 before charting its own path, making this token-swap reacquisition a rare case of ecosystem re-consolidation in DeFi.

The proposed deal, outlined in Synthetix Improvement Proposal SIP-415, would see Derive token holders exchange 27 DRV for every 1 SNX, valuing the transaction at approximately $27 million.

To facilitate the acquisition, Synthetix would mint up to 29.3 million new SNX tokens, representing about 8.6% inflation of SNX’s current circulating supply.

These newly issued SNX tokens will be subject to a three-month lock-up followed by a nine-month linear vesting schedule to align long-term incentives.

Approval by both the Spartan Council and Derive governance is required before the on-chain token swap can proceed.

Should SIP-415 secure the necessary votes, Derive’s treasury, codebase, and team will be folded into Synthetix’s governance and operational framework.

This unification is intended to streamline governance, simplify architecture, and concentrate revenue flow through the SNX token to strengthen its DAO-driven value proposition.

In addition, the fusion of Derive’s CLOB-based derivatives stack with Synthetix’s on-chain liquidity and incentives model promises to expand the SNX token’s utility and cement Synthetix’s standing among leading crypto derivatives platforms.

Community reaction has, however, been mixed, with some Derive stakeholders criticizing the valuation and vesting terms even as SNX token holders anticipate enhanced network effects.

Laying the ground for Synthetix v4 deployment

Reintegrating Derive’s front-end infrastructure and options expertise into Synthetix is expected to accelerate the deployment of Synthetix v4, which includes launching a centralised limit order book (CLOB) derivatives exchange on Ethereum Mainnet.

Synthetix founder Kain Warwick described the move as reuniting “kids who built their own successful startups with the family business,” highlighting the cultural synergy between the two protocols.

By consolidating product, talent, and token economics under the SNX banner, Synthetix aims to offer a unified suite of crypto options and perps that can rival established platforms such as Deribit, dYdX, and Binance.

Analysts believe that a combined protocol with both advanced options trading and mainnet perpetual futures could mark a watershed moment for decentralised finance platform innovation.

Investors will be watching closely as the Spartan Council and Derive token holders prepare for vote timelines in the coming week, with a successful approval expected to set a new precedent for token-swap acquisitions in the sector.

The post SNX token rises as Synthetix moves to re-acquire Derive for mainnet perps appeared first on CoinJournal.