Kategorie: Crypto News

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Ethereum price prediction as ETH reclaims $2,800 level

  • Ethereum price jumped above $2,800.
  • ETH is seeing gains amid altcoin season chatter and as regulatory clarity inches closer.
  • With market sentiment positive, ETH bulls could likely reclaim $3,000 as they eye a breakout.

Ethereum (ETH) price has again moved above $2,800 after gaining more than 4% in the past 24 hours.

The top altcoin reached an intraday high of $2,832 across major cryptocurrency exchanges, with these gains coming amid a robust spike for altcoins.

Market sentiment was also positive after Securities and Exchange Commission chair Paul Atkins commented on crypto and decentralised finance.

While Ethereum price hovered around $2,769 at the time of writing, it remained 3% up in 24 hours and with daily volume at $32.5 billion.

The metric showed a 28% increase in the last 24 hours.

Ethereum price rides fresh sentiment to above $2,800

The price of Ethereum, the leading altcoin by market cap, has jumped from a low of $2,399 on June 6, 2025, to hit highs above $2,832.

This move saw ETH rise to its highest level since February, with this coming as Bitcoin retested the $110,000 level.

Macroeconomic tailwinds and the US-China trade war truce have contributed to this upside action for ETH.

Also likely playing a bullish catalyst is the statement SEC Chair Paul Atkins issued on DeFi and crypto.

With Ethereum, the top decentralized finance ecosystem, Atkin’s remarks during the agency’s Crypto Task Force roundtable have bulls in an upbeat mood.

As analysts have pointed out, regulatory clarity is a key factor in the market, and the SEC’s ongoing quest to ensure this has garnered a lot of praise across crypto.

Ethereum price prediction

According to QCP analysis, Ethereum is likely to spike in the coming weeks and months amid various tailwinds.

In a post on X, the analysts say Ethereum has quietly seen market sentiment around it flip positive in recent months.

“ETH is quietly reclaiming market narrative. Implied volatility jumped, options skew flipped bullish, and perpetual funding rates remain elevated,” they noted on X.

One of the pointers to increased attention on ETH is the spot exchange-traded funds inflows.

Last week, Ethereum spot ETF inflows hit $281 million.

“Macro tailwinds are building for $ETH. The GENIUS Act is progressing in the US Senate, Circle’s IPO is back in focus, and stablecoins are gaining regulatory clarity. Ethereum’s role as the infrastructure layer for real-world assets is gaining serious traction,” QCP added.

Ethereum’s gains see bulls hover in a key price range.

According to Glassnode analysts, ETH is near the cost basis range of $2,700 and $2,760.

If price holds above this range, bulls may target $3,400.

However, if ETH bears break below $2.7k, they may fancy a revisit of $2,400.

Recent lows of $1,800 are likely if negative sentiment kicks in to spook buyers.

The post Ethereum price prediction as ETH reclaims $2,800 level appeared first on CoinJournal.

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Bitcoin Pepe price outlook as analysts see BTC hitting new highs

  • Bitcoin Pepe is drawing increased interest from investors chasing higher upside potential.
  • To bolster its ecosystem, the project has announced many strategic partnerships.
  • Bitcoin Pepe’s ongoing presale has raised over $14 million.

Bitcoin hovered near its record high on Wednesday, with the price stabilising around $109,600—roughly 2% below the all-time peak set last month.

Ethereum and Ripple also held above key technical support levels, reinforcing a cautiously optimistic tone across broader crypto markets.

Bitcoin remains the cornerstone of the cryptocurrency ecosystem and continues to serve as a hedge against macroeconomic uncertainty.

However, its growing maturity, declining volatility, and rising institutional ownership have made it less attractive for investors seeking outsized, asymmetric returns.

In contrast, early-stage tokens like Bitcoin Pepe are drawing increased interest from risk-tolerant investors chasing higher upside potential.

With sentiment improving across the crypto landscape, these speculative assets are well-positioned to attract fresh inflows as traders rotate into high-volatility opportunities.

Analysts share bullish targets for Bitcoin

Bitcoin’s latest recovery has reignited optimism among traders and analysts, with many anticipating a push toward new all-time highs.

“Bitcoin’s monthly chart looks ready for acceleration,” said popular crypto analyst Jelle in a recent post on X. “A few months of up only with a blow-off cherry on top?”

As of June 11, Bitcoin was trading roughly 2.1% below its all-time high of over $111,000, which remains the next key resistance.

If that level is breached, Jelle sees $120,000 as the next target, with further upside potential toward $140,000–$150,000.

“If #Bitcoin can turn $108K into support here, I see us entering price discovery next. Initial target: $120k, then $140-150k for a cycle top,” the analyst added.

MN Capital founder Michael van de Poppe echoed a similar view, suggesting BTC could consolidate for a few sessions before a breakout above $110,500 sets the stage for new highs.

 

How a Bitcoin rally helps Bitcoin Pepe

A renewed rally in Bitcoin, historically a catalyst for broader crypto momentum, is once again lifting sentiment across the digital asset landscape.

As capital flows back into the market, speculative tokens, particularly meme coins, are regaining traction among risk-seeking investors.

Bitcoin Pepe has emerged as a notable beneficiary of this rotation, positioning itself at the intersection of meme culture and blockchain infrastructure.

As the first meme-centric Layer 2 on the Bitcoin network, Bitcoin Pepe seeks to combine Bitcoin’s base-layer security with Solana-style scalability.

To strengthen its ecosystem, the project has announced several strategic partnerships with projects such as GETE Network, Catamoto, and Plena Finance.

These integrations aim to provide functional utility to BPEP, setting it apart from typical meme coins that rely solely on hype.

Investor interest has been robust. The presale has raised over $14 million in presale funding ahead of a listing announcement on June 17.

The post Bitcoin Pepe price outlook as analysts see BTC hitting new highs appeared first on CoinJournal.

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Best crypto to buy now as Michael Saylor says Bitcoin is ‘going to $1M’

  • Bitcoin bull Michael Saylor has predicted that Bitcoin will hit $1 million.
  • In a scenario where Bitcoin crosses the $1 million mark, high-risk, high-reward assets like Bitcoin Pepe could see outsized gains.
  • The project’s ongoing presale has raised more than $14 million. The BPEP token is currently priced at $0.0416.

The total cryptocurrency market capitalisation rose 1% in the past 24 hours, extending its weekly gains to nearly 4% and reaching $3.45 trillion.

This level was last tested during a consolidation phase a few weeks ago. The current gradual climb resembles past cycles, where gains came with intermittent pauses rather than parabolic surges.

A continuation of the positive sentiment could push the market towards its all-time high of $3.7 trillion.

The growing influence of institutional and professional capital has tempered retail-driven FOMO, resulting in a steadier, more sustainable ascent—a trend more conducive to long-term investment strategies.

Bitcoin is trading above $109,000, but upward momentum is encountering resistance near $110,000.

Selling pressure is likely to intensify as it approaches the $112,000 level—the previous all-time high from late May.

However, Bitcoin bull Michael Saylor remains firmly bullish on the cryptocurrency. He has predicted that Bitcoin may hit $1 million.

A rally of such magnitude would not only benefit Bitcoin holders but also lift the broader cryptocurrency market.

In a scenario where Bitcoin crosses the $1 million mark, high-risk, high-reward assets like Bitcoin Pepe could see outsized gains.

Such a breakout would likely reignite speculative appetite across the market, drawing capital into smaller, meme-infused tokens that offer the potential for exponential returns.

Bitcoin Pepe stands at the intersection of two powerful narratives: its alignment with Bitcoin’s infrastructure and its deep roots in internet meme culture.

This dual positioning strengthens its appeal in bull markets, where investor demand for novelty and asymmetric upside intensifies.

Is BTC going to hit $1 million?

Strategy’s Michael Saylor has dismissed concerns about a return of the crypto market winter, asserting that Bitcoin’s accelerating adoption and shrinking daily supply set the stage for a rally to $1 million.

“Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.”

Saylor noted that only around 450 Bitcoins are available for sale each day from miners, worth roughly $50 million at current prices of about $109,859, per CoinMarketCap.

“If that $50 million is bought, then the price has got to move up,” he said.

He also pointed to the growing number of public companies acquiring Bitcoin, which he claims are absorbing “the entire natural supply.”

Strategy, Saylor’s firm, has accumulated 582,000 Bitcoin since 2020, currently valued at approximately $63.85 billion, according to data from Saylor Tracker.

Bitcoin Pepe is soaring amid bullish momentum

A renewed surge in Bitcoin, fueled by institutional capital inflows, is reigniting risk appetite across the broader cryptocurrency market.

Among the standout beneficiaries is Bitcoin Pepe — a project straddling the intersection of meme coin culture and blockchain infrastructure.

Billed as the first meme-centric Layer 2 network built on Bitcoin, Bitcoin Pepe aims to merge the base layer’s security with Solana-style scalability.

This technical positioning, coupled with a strong meme narrative, has helped the project attract growing attention.

The ongoing presale has raised more than $14 million ahead of a scheduled listing announcement on June 17, reflecting robust investor interest as capital rotates into early-stage, high-upside opportunities.

The BPEP token is currently priced at $0.0416.

To bolster its Layer 2 ecosystem, Bitcoin Pepe has also secured strategic partnerships with projects such as GETE Network, Catamoto, and Plena Finance.

As Bitcoin’s rally continues to fuel market enthusiasm, Bitcoin Pepe is leveraging this momentum to cement its status as a serious contender in the next wave of speculative crypto plays.

 

The post Best crypto to buy now as Michael Saylor says Bitcoin is ‘going to $1M’ appeared first on CoinJournal.

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Bitcoin tops $110K for 2nd day; altcoins UNI, AAVE rally on SEC Chair comments

  • Bitcoin (BTC) traded above $110,000 for a second day, up over 1% in 24 hours, buoyed by altcoin rally.
  • DeFi tokens UNI (+24%) and AAVE (+13%) surged following optimistic comments from SEC Chair Paul Atkins.
  • Despite price gains, market sentiment remains cautious, with low funding rates (1.3%) typically seen at bottoms.

Bitcoin (BTC) revisited the $110,000 level for the second day in a row on Tuesday, seemingly pulled higher by even more substantial gains among various altcoins.

However, despite this upward movement, a prevailing sense of caution and skepticism among traders suggests that the sustainability of this breakout remains in question.

Bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets on Tuesday, marking a gain of over 1% in the preceding 24 hours.

The broader cryptocurrency market, as measured by the CoinDesk 20 index—which tracks the top 20 cryptocurrencies by market capitalization (excluding stablecoins, exchange coins, and memecoins)—had risen by a more significant 3.3% over the same period.

This broader rally was largely attributed to strong performances from major altcoins such as Ether (ETH), Solana (SOL), and Chainlink (LINK), all of which posted gains in the 5%-7% range.

The most impressive performances of the day, however, came from decentralized finance (DeFi) tokens Uniswap (UNI) and Aave (AAVE).

These tokens soared by a remarkable 24% and 13%, respectively.

This surge was reportedly prompted by optimistic comments regarding DeFi made by Securities and Exchange Commission (SEC) Chair Paul Atkins on Monday, which appeared to inject fresh enthusiasm into the DeFi sector.

In contrast, the traditional equity markets linked to cryptocurrency showed a more subdued picture, with most crypto stocks trading flat on the day.

A notable exception was Semler Scientific (SMLR), a company aiming to emulate MicroStrategy’s (MSTR) strategy of accumulating significant Bitcoin holdings.

Semler Scientific’s shares fell another 10% on Tuesday, with the stock now trading for less than the value of the Bitcoin on its balance sheet, highlighting the risks associated with such strategies.

Defensive posturing despite proximity to highs

Despite Bitcoin’s recent gains and its proximity to previous all-time highs, positioning across cryptocurrency markets continues to reflect a largely defensive and cautious sentiment among traders.

“Funding rates and other leverage proxies point toward a steadily cautious sentiment in the market,” Vetle Lunde, head of research at K33 Research, pointed out in a Tuesday report.

“The broad risk appetite is remarkably weak, given that BTC is trading close to former all-time highs.”

This observation suggests that traders are not fully convinced of the rally’s strength and are hesitant to take on excessive risk.

Lunde further noted that Binance’s BTC perpetual swaps posted negative funding rates on multiple days last week, with the average annualized funding rate now sitting at just 1.3%.

This level, he explained, is typically associated with local market bottoms rather than tops.

“Bitcoin does not usually peak in environments with negative funding rates,” Lunde wrote, adding that past instances of such defensive positioning have more often preceded rallies than significant corrections.

Flows into leveraged Bitcoin ETFs paint a similar picture of cautious engagement.

The ProShares 2x Bitcoin ETF (BITX) currently holds exposure equivalent to 52,435 BTC, which is well below its December 2023 peak of 76,755 BTC.

Inflows into such products remain muted.

According to Lunde, this defensive positioning, paradoxically, leaves room for a potential “healthy rally” in BTC to develop, as it suggests the market is not overly leveraged or euphoric.

Skepticism greets potential breakout

However, not all market watchers are convinced that the current price action signals the beginning of a sustainable upward trend.

Some analysts remain skeptical about the durability of any breakout above the $110,000 level.

“Is this a true breakout that will continue? In my view, probably not,” said Kirill Kretov, senior automation expert at CoinPanel.

More likely, it’s part of the same volatility cycle where we see a rally now, followed by a sharp drop triggered by a negative announcement or some other narrative shift.

According to Kretov, the current market environment favors experienced traders who are adept at navigating volatility-driven market structures.

From a technical perspective, he identifies Bitcoin’s next key support levels at $105,000 and $100,000.

These are zones that could be tested if selling pressure re-emerges and the current upward momentum falters.

The market now watches to see if Bitcoin can consolidate its gains and build a stronger foundation for a continued ascent, or if skepticism will be validated by a retreat from current levels.

The post Bitcoin tops $110K for 2nd day; altcoins UNI, AAVE rally on SEC Chair comments appeared first on CoinJournal.

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SOL price outlook as Societe Generale launches stablecoin on Ethereum and Solana

  • Societe Generale has launched its USDCV stablecoin on Solana and Ethereum; trading to start in July.
  • SOL price holds steady as institutional adoption gains traction.
  • Solana ETF decision and upgrades could boost long-term value.

Solana’s native token, SOL, continues to draw the attention of institutional and retail investors alike, as the blockchain’s real-world adoption gains a powerful boost from one of Europe’s largest banks.

This renewed attention comes amid news that Societe Generale’s digital asset subsidiary, SG-FORGE, will launch a new US dollar-pegged stablecoin, USD CoinVertible (USDCV), on both the Ethereum and Solana blockchains.

While the announcement underscores a broader institutional pivot toward blockchain-backed finance, it also injects new momentum into Solana’s market narrative, reinforcing its role as a serious contender to Ethereum’s dominance.

Societe Generale’s stablecoin adds credibility to Solana

The issuance of USDCV marks the first time a major traditional banking institution has deployed a USD-backed stablecoin on public blockchains, signalling a historic moment for digital finance.

Unlike many stablecoins that operate from crypto-native origins, USDCV benefits from the backing of a globally recognised bank and custodial oversight by BNY Mellon, one of the world’s largest asset custodians.

This move not only reinforces Solana’s legitimacy among regulators and institutions but also provides a strong use case for stablecoins within compliant, real-world frameworks.

Although USDCV is not available to US residents, its intended audience spans global institutional and retail clients, a clear indication that Solana is evolving into an infrastructure layer for regulated finance.

SOL price holds firm amid bullish developments

Following the announcement, SOL’s market behaviour has remained relatively stable, trading in a narrow range between $155 and $162, suggesting investors are cautiously optimistic.

Currently priced at around $157.74, SOL has posted a 1.8% gain over the past 24 hours, with a circulating market cap exceeding $83 billion and a trading volume of more than $4.5 billion.

Although short-term price fluctuations are still influenced by broader macroeconomic conditions, Solana’s technical foundation and increasing real-world utility continue to give it a unique position in the digital asset space.

The network’s high throughput and low fees, powered by its Proof-of-History consensus model, remain strong differentiators that attract developers and institutions alike.

Upcoming Solana ETF decision and upgrades fuel long-term confidence

As investors monitor the SEC’s upcoming decision on the staking-enabled Canary Marinade Solana ETF, due July 24, broader confidence in Solana’s institutional adoption is gaining steam.

This ETF, if approved, would be the first in the U.S. to offer staking rewards via Marinade Select, setting a precedent for yield-generating crypto funds and offering another layer of value to SOL holders.

Moreover, Solana’s network upgrades, including the Firedancer validator client and expanded block space capacity, aim to boost scalability and reliability, addressing past concerns about outages.

Partnerships with major firms like Shopify and Visa further highlight Solana’s potential in payments and global commerce, making it a more appealing long-term investment option.

In parallel with financial use cases, Solana is also being used for groundbreaking tokenisation efforts in the public sector, with the Central African Republic preparing to sell tokenised land via its CAR token.

This initiative leverages Solana’s infrastructure to enable global investors to purchase subdivided, development-ready land while laying the groundwork for broader resource tokenisation.

Solana price outlook remains cautiously optimistic

With the Societe Generale USDCV expected to begin trading in early July and the Solana ETFs decision looming, market sentiment around SOL cryptocurrency may shift sharply if these developments progress without delay.

While volatility remains a staple of the crypto markets, the fusion of regulatory compliance, institutional adoption, and public sector innovation positions Solana as a blockchain to watch in the second half of 2025.

In the meantime, eyes are on whether Solana (SOL) can regain the resistance at $175, which depends on whether it can maintain above $150, awaiting the USDCV trading to kick off and the ETFs greenlight.

The post SOL price outlook as Societe Generale launches stablecoin on Ethereum and Solana appeared first on CoinJournal.