Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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How BPENGU is emerging as one of the best crypto to buy now?

  • $BPENGU combines Bitcoin’s strength with penguin meme appeal, raising over $2M in its presale.
  • 15-stage presale with built-in scarcity offers early investors up to 75% paper gains.
  • Favorable US regulations and a September 2 listing make BPENGU a standout altseason opportunity.

As altseason gains momentum and capital continues to rotate from blue-chip crypto into higher-upside plays, a new contender is making waves: Bitcoin Penguins ($BPENGU).

With its meme appeal and Bitcoin-inspired fundamentals, $BPENGU is quickly establishing itself as one of the best cryptos to buy now.

Bitcoin Penguins: from meme to model

Bitcoin Penguins is capitalizing on two dominant narratives: the continued strength of Bitcoin, now trading above $114K, and the lasting popularity of penguin-themed meme tokens like Pudgy Penguins.

$BPENGU draws direct inspiration from Pudgy Penguins. But where Pudgy is built on Ethereum, Bitcoin Penguins builds on Bitcoin’s back—framing itself as the harder, smarter evolution of the penguin meta.

But unlike its predecessors, $BPENGU isn’t just riding the viral wave—it’s anchoring its momentum to robust tokenomics and a detailed roadmap.

Meme coins are thriving again, and penguins are leading the charge. If PENGU was the proof of concept, $BPENGU is the sequel with higher stakes and a harder asset behind it.

PENGU has proven there’s real demand for penguin-themed tokens. But it also lacks one thing: Bitcoin. That’s where $BPENGU steps in.

While Pudgy Penguins gained traction with toys and NFTs, Bitcoin Penguins aims to build “on-chain,” leveraging the brand’s visual appeal alongside real market utility.

The roadmap sets a bold price target of $2 by November 2025, implying a potential 1000x return from the first presale stage.

Utility, scarcity, and Bitcoin-backed confidence

Unlike many meme coins that exist primarily on hype, Bitcoin Penguins is positioning itself as a hybrid asset—equal parts community and credibility.

Backed by a capped supply and a structure that incentivizes holding, the token is designed to avoid the rapid dilution and collapse that plagues many similar launches.

Its presale is structured in 15 stages, with each stage increasing in price by 5%. That means early supporters can lock in potential 75% paper gains before public trading even begins.

With a fixed 10 billion supply and 55% allocated to presale, scarcity is built in by design.

With its presale already raising $2.04 million, and a confirmed September 2 listing, $BPENGU is quickly becoming one of the most closely watched launches of the year.

New US crypto regulations could be a catalyst

The regulatory environment in the US is also turning more favorable, providing a backdrop of legitimacy that could benefit new entrants like Bitcoin Penguins.

On Monday, the CFTC announced it would allow trading of spot crypto asset contracts on registered futures exchanges—effectively greenlighting broader access to digital assets.

This move, part of the joint “Project Crypto” initiative with the SEC, was described by officials as a step toward treating crypto more like traditional financial instruments.

Analysts believe this could encourage broader institutional participation, thereby bringing liquidity and stability to the market.

Regulatory clarity is a key tailwind for projects like $BPENGU.

With clear tokenomics, a defined listing date, and a growing online presence, the project appears well-positioned to capitalize on the current altseason cycle.

As sentiment continues to build and the September listing approaches, Bitcoin Penguins stands out not just as a speculative play—but as a serious meme contender with macro momentum at its back.

The post How BPENGU is emerging as one of the best crypto to buy now? appeared first on CoinJournal.

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Litecoin price prediction as LTC jumps 12% on bullish catalysts

  • Litecoin price is up 12% in 24 hours, hitting $127 as altcoins look to bounce back.
  • The LTC price could rally to $200 and target a new all-time.
  • Bullish catalysts include spot ETF anticipation, payments activity/adoption and treasury strategy moves.

Litecoin trades as one of the top gainers in the past 24 hours, with the altcoin boasting a 12% spike as price hovers near $126. Gains see weekly uptick extended and LTC up by more than 47% in the past month.

Amid a confluence of bullish catalysts, can Litecoin price jump to its year-to-date highs near $140 and target multi-year peaks above $200?

Litecoin jumps 12% amid notable bullish momentum

Litecoin’s double-digit uptick, which pushed price from lows of $111 to above $127 at the time of writing, comes as the broader crypto market seeks a fresh leg up.

On Tuesday, Aug. 5, the total market cap was up 1% to $3.74 trillion, with this following Monday’s resilient performance across stocks and crypto. Most top altcoins including Ethereum, XRP and Solana are in the green, with latest regulatory developments adding to the prevailing crypto sentiment to suggest more gains are likely in the short term.

For LTC, the outlook gets a further bullish impetus from a range of factors. It includes overall anticipation of a spot Litecoin exchange-traded fund (ETF) approval, increased use as a payment currency and significant institutional interest amid treasury strategy moves.

Recently, Bloomberg analysts put a 95% probability on a spot LTC ETF approval in 2025, and regulatory developments suggest this outlook remains.

Meanwhile, bullish projections for Litecoin are gaining traction amid institutional interest, with MEI Pharma’s $100 million Litecoin treasury strategy a major corporate allocation already. Also fueling price gains is Litecoin’s growing use in remittances and payments.

What next for LTC price?

Litecoin’s price gains may see profit taking kick in and derail buyers, particularly given the surge to a five month high for LTC.

LTC chart by TradingView

However, the altcoin has broken above a symmetrical triangle on the weekly chart, signaling potential upside continuation. This breakout above the triangle’s upper resistance means bulls may want to target the supply wall around $200.

Notably, the Moving Average Convergence Divergence (MACD) has a bullish crossover, aiding the outlook for upward momentum. The Relative Strength Index (RSI) also ticks above 64, indicating room for more gains before hitting overbought conditions.

If buying pressure continues, bulls may eye $200 and higher in the short term. However, if it fades, a short-term pullback to the $110–$101 support zone may ensue. This LTC price outlook nonetheless depends on overall bullish conditions.

The post Litecoin price prediction as LTC jumps 12% on bullish catalysts appeared first on CoinJournal.

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Illuvium (ILV) price forecast post Leviathan No Limits Tournament

  • Illuvium (ILV) surged 100% after the Leviathan No Limits Tournament boosted player interest.
  • Breakout from the double bottom pattern confirmed bullish momentum.
  • Key targets to watch are: $25, $27.50, and $30 if the rally continues.

In a stunning turn of events, Illuvium (ILV) has reignited investor interest after a dramatic price surge following the conclusion of its highly anticipated Leviathan No Limits Tournament.

The Web3 gaming token has shown exceptional momentum in recent days, leaving traders wondering whether this marks the start of a sustained uptrend or just a temporary flash of hype.

With the fundamentals improving and technical indicators aligning, ILV is making a strong case to be back on the radar.

Competitive play sparks a revival

The Leviathan No Limits Tournament served as a defining moment for the Illuvium ecosystem.

Unlike previous events that relied heavily on high-end NFT assets, this competition showcased how skill alone could drive competitive outcomes.

As a result, players with minimal in-game investments were able to compete effectively, shifting the game’s perception from pay-to-win to a skill-based and fair one.

This shift has contributed to a renewed sense of legitimacy around the game.

More importantly, it has started to attract a broader audience, including previously sceptical players who now see a more polished and competitive product.

As word spread, ILV’s price began to react swiftly, climbing more than 60% in a single day, a move rarely seen even among highly volatile crypto assets.

Double bottom breakout ignites an ILV bull run

Technically, the ILV/USDT chart painted a classic double bottom near the $11.81 level, forming a strong base after months of consolidation.

This bullish pattern triggered a sharp breakout, pushing the token to a high of $23.53 — a remarkable 100% rally within just a few hours.

Illuvium price chart

To many, this is a clear breakout confirmation, with volume surging to levels not witnessed in months.

Even though the price has slightly pulled back to the $21 range, the bullish momentum remains intact.

Holding above $20 will be crucial in determining whether this is a healthy retracement or the start of a deeper correction.

However, with sentiment shifting and volume still strong, many believe the breakout has more room to run.

Illuvium price targets to watch

Market analysts have started pointing to higher resistance levels as potential short-term targets.

The first key level to watch is $25, followed by $27.50 and then $30 if momentum continues.

These targets are based on technical resistance zones and recent historical price action.

A successful breakout above the $23.66 high could pave the way for rapid moves toward those levels.

However, traders must remain cautious. ILV is still down nearly 99% from its all-time high of $1,911.26 recorded in November 2021.

While the recent bounce is significant, it comes after a deep and prolonged bear phase.

This means that volatility is likely to persist, and any major price movement should be approached with calculated risk management.

In addition, the RSI indicator shows an overbought market, meaning a pullback could be imminent, although the MACD shows a bullish trend resurgence.

Long-term outlook hinges on more than hype

Beyond the charts and short-term catalysts, Illuvium’s long-term success will depend on continued player engagement, product updates, and the ability to retain a competitive edge in the growing Web3 gaming sector.

The Leviathan tournament may have reignited interest, but sustaining that momentum will require consistent delivery from the development team.

Notably, the Illuvium ecosystem is still sizzling with user engagement as the ILV Summer Exclusive Illuvitars, which ends on August 14, has seen over 180 Glitched Illuvitars pulled so far.

With these developments, Illuvium has once again become one of the Web3 tokens to watch closely, although whether the recent breakout turns into a full-blown trend reversal remains to be seen.

The post Illuvium (ILV) price forecast post Leviathan No Limits Tournament appeared first on CoinJournal.

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Bitcoin and Ethereum ETFs see continued outflows as market pulls back

  • BlackRock’s iShares Bitcoin Trust (IBIT) saw $292.5 million exit the fund on Monday.
  • Spot Ethereum ETFs also faced heavy outflows on Monday.
  • The selling pressure came as Bitcoin extended its retreat from the July 14 all-time high.

US-listed spot Bitcoin and Ethereum ETFs continued to see outflows on Monday, extending a recent trend of investor pullback as digital assets slid from their recent highs.

Monday marked the third consecutive trading session of net outflows across US-listed spot Bitcoin funds.

Bitcoin ETFs log consecutive outflows

BlackRock’s iShares Bitcoin Trust (IBIT) saw $292.5 million exit the fund on Monday, the largest single-day outflow it has recorded since May.

The fund had already broken its 37-day inflow streak with a minor outflow on Friday.

The selling pressure came as Bitcoin extended its retreat from the July 14 all-time high.

The token dropped 8.5% over the weekend, bottoming out at $112,300 on Sunday before partially recovering to $115,000 by late Monday trading.

Despite the recent setback, BlackRock’s IBIT still logged a net inflow of $5.2 billion in July, equivalent to 9% of the fund’s total inflows since its launch in January 2024.

Other Bitcoin ETFs also saw subdued activity. Fidelity’s Wise Origin Bitcoin Fund (FBTC) posted an outflow of approximately $40 million, while the Grayscale Bitcoin Trust (GBTC) lost $10 million.

Bitwise’s Bitcoin ETF (BITB) was the only product to record an inflow on Monday, attracting $18.7 million.

All other US-listed Bitcoin ETFs recorded no flows.

The overall outflow on Monday was significantly milder compared to Friday’s sharp exit of $812 million, suggesting that pressure may be easing as Bitcoin finds support near current levels.

Volatility cools since ETF launch

Commenting on the recent price behaviour, Bloomberg ETF analyst Eric Balchunas noted on Monday that Bitcoin volatility has declined notably since the approval of spot Bitcoin ETFs earlier this year.

He highlighted that the 90-day rolling volatility for BlackRock’s IBIT has dropped below 40, down from levels above 60 at the time of the ETF’s launch.

Balchunas previously said that reduced volatility and the absence of sharp drawdowns have helped Bitcoin appeal to larger institutional investors, potentially aiding its broader adoption as a currency.

Ethereum ETFs see record one-day outflow

Spot Ethereum ETFs also faced heavy outflows on Monday, with a total of $465.1 million withdrawn across multiple funds.

This was the highest single-day net outflow since these products launched.

BlackRock’s spot Ether fund (ETHA) led the retreat, with $375 million in outflows.

Fidelity’s FETH, Grayscale’s ETHE, and the Grayscale Ethereum Mini Trust also experienced redemptions.

The Monday exodus followed a period of strong investor interest in Ethereum ETFs.

Inflows had totaled $2.2 billion in the second week of July, $1.9 billion in the third week, and $154.3 million last week, according to data from SoSoValue.

The post Bitcoin and Ethereum ETFs see continued outflows as market pulls back appeared first on CoinJournal.

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Morpho price jumps 10% as RWA powerhouses launch Ascend

  • Morpho price rose as Morpho Labs joined other top real-world asset platforms in a new partnership.
  • RWA powerhouses Plume, Centrifuge among those to support Ascend accelerator.
  • MORPHO token jumped 10% in 24 hours to $1.85.

The cryptocurrency market is up slightly on Monday, and Morpho (MORPHO) is one of the top gainers after posting double-digit gains in the past 24 hours.

While the uptick aligns with overall crypto bounce that mirrors a surge across stocks, MORPHO is up after the crypto platform teamed up with other players across the real-world assets market to launch a new accelerator project dubbed Ascend.

Amid a rebound in US stock indices, MORPHO rose 10% to highs of $1.85.

Morpho Labs key player in RWA market

On Monday, Morpho Labs announced that it was part of the strategic partnership that has launched Ascend.

The groundbreaking initiative is designed as a startup accelerator targeted at the real-world assets market, with $500k in funding.

Plume Network said Ascend is “the first startup accelerator designed to take ambitious RWA ideas into scalable protocols.”

Big name players back the program, including Plume, Morpho, and Centrifuge.

Others are Anchorage Digital, RWA.xyz, Keyrock and OKX Ventures. The collective aims to advance the tokenization of real-world assets.

Morpho Labs, a decentralized finance (DeFi) lending infrastructure that among other offerings powers crypto-backed loans on Coinbase, is a top backer of the accelerator.

As the collaboration highlights growth across the RWA sector, projects like Morpho begin to stand out.

MORPHO token gains amid crypto bounce

The MORPHO token experienced a significant uptick, rising 10% in 24 hours from lows of $1.66 to $1.85.

Gains came amid the positive market sentiment around RWA tokens and the Ascend launch.

However, it also followed a broader recovery in cryptocurrencies as a rebound in US stock markets buoyed sentiment.

On Monday, August 4, 2025, the benchmark S&P 500, the Dow Jones Industrial Average, and tech-heavy Nasdaq Composite all rose amid market expectations of a Fed interest rate cut.

Broader recovery follows last week’s sell-off, which saw Bitcoin dip to lows of $114k to dampen investor confidence across the ecosystem.

However, with a rebound in equities spilling over into the crypto, BTC is up to $115k.

A spike for RWA tokens has MORPHO eyeing a break to $2.00.

With gains also for Plume and Centrifuge, a continuation of upside momentum could push MORPHO to February highs of $2.5 and likely allow for a new all-time high in coming months.

MORPHO’s price surged to its all-time peak of $4.17 in January 2025.

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