Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
Veröffentlicht am

Best crypto to buy now as the crypto market reacts to the Trump-Musk feud

  • The Trump-Musk feud has triggered massive Bitcoin ETF outflows as the crypto market tumbles.
  • Ethereum ETFs remain strong despite the broader crypto fear.
  • With the Bitcoin Pepe presale ending soon, it could be the best crypto to buy now for high returns, especially once it gets listed.

The crypto market is currently navigating a wave of uncertainty triggered by the escalating feud between US President Donald Trump and billionaire Elon Musk.

As the tension between these two influential figures intensifies, investors are closely watching how their clash impacts cryptocurrency sentiment and capital flows.

This discord has already sent ripples through Bitcoin ETFs, sparking outflows and shifting investor behaviour, while other crypto assets like Bitcoin Pepe, which is currently in the final stages of its token presale, are showing surprising resilience.

Impact of the Trump-Musk feud on the crypto market

The fallout from the Trump-Musk feud has significantly influenced market sentiment, pushing the Cryptocurrency Fear & Greed Index from “Greed” to “Neutral.”

As a result, the global cryptocurrency market cap has dropped by 4% to around $3.35 trillion, as per Coingecko data.

Notably, major coins including Bitcoin (BTC), Ethereum (ETH), XRP, Binance Coin (BNB), Solana (SOL), and Cardano (ADA), among others, have registered significant drops.

Amid the worsening investor confidence, Bitcoin ETFs in the United States experienced a sharp reversal, with outflows reaching $278 million on June 5, according to Coinglass data.

Meanwhile, Ethereum ETFs have bucked this trend, continuing a 14-day streak of inflows despite the overall market jitters.

The feud itself has drawn widespread political and business attention, fracturing previously supportive alliances and raising questions about future government contracts and national programs linked to Musk’s SpaceX.

Musk’s claims of credit for Trump’s 2024 election victory, coupled with serious accusations and policy threats exchanged between the two, have intensified market nervousness.

This high-profile clash has spilled over into public discourse, stirring economic fears and influencing investor decisions across multiple asset classes, including cryptocurrencies.

Consequently, Bitcoin ETFs have borne the brunt of the sentiment shift, while Ethereum’s improving network fundamentals and strong institutional support have sustained investor interest.

The best crypto to buy as the broader market drops

Despite this turbulent backdrop, Bitcoin Pepe has emerged as the standout crypto investment amid market volatility and uncertainty.

Bitcoin Pepe is a revolutionary meme-centric Layer 2 project built on the Bitcoin blockchain, combining Solana-style scalability with Bitcoin’s unparalleled security.

Currently, Bitcoin Pepe is in its final presale stage, with just 11 days remaining before the much-anticipated listing announcement expected on June 17..

What sets Bitcoin Pepe apart is its unique PEP-20 token standard.

The project also boasts a high-growth roadmap with staking rewards and strategic partnerships.

In a market shaken by political drama and ETF outflows, Bitcoin Pepe’s blend of cutting-edge technology and strong community appeal makes it a haven for forward-looking investors.

As established cryptocurrencies struggle to maintain a bullish trend amid the Trump-Musk fallout, Bitcoin Pepe is among the fastest-growing cryptocurrencies, offering fresh excitement and genuine potential for exponential gains.

Investors seeking a crypto that merges security, usability, and meme culture should consider Bitcoin Pepe’s presale opportunity before it closes.

With the listing announcement just days away, buying now positions investors to capitalise on early adoption advantages and long-term growth prospects.

To learn more and to buy Bitcoin Pepe, check out the official website.

The post Best crypto to buy now as the crypto market reacts to the Trump-Musk feud appeared first on CoinJournal.

Veröffentlicht am

Bitcoin Pepe sees continued momentum as Uber plans to accept payments in crypto

  • Bitcoin Pepe has raised $13.9 million ahead of a highly anticipated market debut.
  • The crypto market is excited as Uber CEO Dara Khosrowshahi reveals the company could add crypto to payment options.
  • The Bitcoin Pepe price could explode amid broader adoption and a Bitcoin rally.

Uber made headlines in the cryptocurrency space this week after revealing that it is exploring the integration of crypto payments into its platform.

While the ride-hailing giant clarified it has no current plans to hold Bitcoin (BTC) or other cryptocurrencies on its balance sheet, the mere prospect of accepting crypto as a payment method has stirred excitement across the digital asset community.

The move, if implemented, could mark a significant step toward mainstream adoption, given Uber’s global scale and user base.

Meanwhile, Bitcoin Pepe, one of 2025’s most closely watched presales, is seeing massive buying pressure ahead of its exchange debut.

Only 11 days to go before a listing announcement is made on June 17.

Uber is planning stablecoin adoption for payments

According to Dara Khosrowshahi, the chief executive officer of Uber, the company is studying the possibility of adding cryptocurrencies to its payment options.

Specifically, the company wants to use stablecoins for cross-border payments. However, it will not invest in or hold crypto.

Per the Uber CEO, who shared the move at the Bloomberg Tech Summit in San Francisco, the plan is to give customers more flexibility when it comes to payment choices.

“We’re still in the study phase, I’d say, but stablecoin is one of the, for me, more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value,” Khosrowshahi noted.

“Obviously, you can have your opinions on Bitcoin, but it’s a proven commodity, and you know, people have different opinions on where it’s going.”

On this point, the broader sentiment leans bullish. Bitcoin (BTC) remains above the $100,000 mark, bolstered by signs of accelerating mainstream adoption and growing regulatory clarity.

JPMorgan recently announced plans to allow its clients to buy BTC, joining a growing list of institutions including BlackRock, MicroStrategy, and even GameStop that are deepening their exposure to the asset.

While recent volatility was amplified by the high-profile spat between Donald Trump and Elon Musk, Bitcoin continues to attract capital as a hedge, a store of value, and a bet on the future of decentralized finance.

Fear of missing out on BTC’s continued momentum has put other well-positioned cryptocurrencies on the investor radar—chief among them is Bitcoin Pepe.

Investors are bullish on Bitcoin Pepe

Bitcoin is a $2 trillion market ecosystem, and meme coins continue to find traction as serious projects come to the fore.

The Bitcoin Pepe project, which stands out as one of the best presales to invest in, is the first meme layer 2 on Bitcoin.

It has emerged as one of the most anticipated token launches in 2025.

With over $13.9 million raised so far, the Bitcoin Pepe presale page shows that the team will soon make a listing announcement on  June 17, 2025.

Ahead of this announcement and a potential listing soon, investors are buying BPEP at the bargain presale price of $0.0396.

The crypto market is bullish on BTC and SOL, and set to tap massively into sentiment around these two coins is BPEP.

If you’re interested in buying Bitcoin Pepe, check out the project’s official website.

The post Bitcoin Pepe sees continued momentum as Uber plans to accept payments in crypto appeared first on CoinJournal.

Veröffentlicht am

Bitcoin trades over $101.5K; analysts eye $120K amid corporate accumulation

  • Bitcoin trades above $101.5K in Asia, showing resilience despite new U.S. tariff uncertainties.
  • Analysts see continued bull market, with Polymarket traders pricing a 69% chance of BTC hitting $120K by year-end.
  • Pythagoras Investments’ Gabeljic notes BTC’s lower volatility compared to other digital assets amid tariff news.

Bitcoin (BTC) commenced the Asian trading day holding steady above the $101,500 mark, demonstrating resilience in the face of fresh tariff-related uncertainties emanating from the Trump administration.

While near-term volatility remains a factor, market analysts and traders appear increasingly focused on a sustained bull market through the remainder of the year, with a significant degree of confidence that Bitcoin will reach or surpass the $120,000 level, underpinned by persistent corporate buying and a notable decline in overall market volatility.

The current market environment is characterized by a degree of caution, as unexpected tariff increases announced by the Trump administration have introduced some choppiness.

“The uncertainty from unexpected tariff increases by the Trump administration is causing some volatility,” Semir Gabeljic, director of capital formation at Pythagoras Investments, acknowledged in an email to CoinDesk.

However, he emphasized Bitcoin’s relative stability amidst these pressures: “However, bitcoin remains relatively strong, with lower volatility compared to other digital assets.”

This underlying strength is further supported by a persistently bullish sentiment among institutional players.

Gabeljic highlighted this by noting that traders on the prediction market platform Polymarket are “pricing in a 69% probability that Bitcoin will hit at least $120,000 by year-end.”

This indicates a strong conviction in Bitcoin’s continued upward trajectory, despite any intermittent market headwinds.

Echoing this optimistic outlook, FlowDesk, a Paris-based market maker, shared a similar sentiment in a recent note on Telegram, even amidst recently subdued market conditions.

“The market is clearly coiling, waiting to break out of a narrow band just below all-time highs,” FlowDesk wrote in their market update note.

They also observed a “significant repositioning and rotation from Bitcoin towards altcoins,” but crucially added that “BTC’s underlying strength remains evident.”

FlowDesk also pointed to some signs of cautious market behavior, such as a modest decline in BTC funding rates on major exchanges like Binance, which typically suggests a reduction in the use of leverage by traders.

However, on-chain borrowing activity has reportedly seen renewed vigor, a potential leading indicator that some market participants are anticipating an imminent breakout.

The unwavering trend of Bitcoin accumulation

A powerful and enduring narrative bolstering the bullish case for Bitcoin is the continued and accelerating accumulation of BTC by corporate treasuries.

Listed companies now reportedly hold approximately 809,100 BTC, an amount valued at nearly $85 billion. This figure represents a near doubling of corporate Bitcoin holdings compared to a year ago.

This significant uptake is being driven by a combination of factors, including favorable regulatory shifts and recent accounting changes that now allow companies to recognize gains on their Bitcoin holdings more readily.

This trend of corporate adoption underscores a fundamental belief in Bitcoin’s long-term value proposition and its utility as a treasury reserve asset.

“The expectation of a continued strong bitcoin remains,” Gabeljic affirmed, suggesting that this institutional and corporate buying pressure is a key pillar supporting the market’s current strength and future potential.

As Bitcoin consolidates and traders navigate short-term uncertainties, the underlying accumulation by larger entities provides a strong foundation for continued optimism.

The post Bitcoin trades over $101.5K; analysts eye $120K amid corporate accumulation appeared first on CoinJournal.

Veröffentlicht am

Over 60% of Pump.fun wallets lost money: report

  • 1,700 wallets lost more than $100,000; only 311 gained over $1 million.
  • UK banned the site in 2024; a lawsuit was filed against it in January 2025.
  • Pump.fun plans to raise $1 billion through the upcoming PUMP token launch.

Pump.fun, the Solana-based meme coin launchpad, is facing scrutiny as new data reveals that more than half of participating wallets have suffered losses.

According to a Dune Analytics report cited by BeInCrypto, at least 60% of wallet addresses that interacted with Pump.fun over the past six months ended up posting losses.

The findings come just ahead of Pump.fun’s highly anticipated $1 billion PUMP token launch.

While the event has fueled significant buzz, it has also coincided with fresh selling pressure on Solana (SOL), the ecosystem’s base chain.

Millions lost, few gain as profit disparity widens

Of the 4.257 million wallets that traded more than 10 tokens on Pump.fun, 2.4 million (56.6%) registered cumulative losses between $0 and $1,000.

Nearly 1,700 addresses lost more than $100,000, and 46 wallets suffered losses in excess of $1 million.

By comparison, only about 5,000 addresses made over $100,000 in gains, and a mere 311 wallets reported profits above $1 million.

A breakdown of May 2025 profit-and-loss data shared by crypto analyst Miles Deutscher on X revealed that over 51% of wallets lost more than $500.

Just five wallets (0.0015%) earned between $50,000 and $100,000, underscoring the sharp imbalance in wealth generation across the platform.

Most profitable wallets gained only modestly, with 916,500 wallets earning between $0 and $1,000, further challenging claims of accessible wealth creation.

Trading bots, scams, and retail risk dominate platform activity

Pump.fun was initially positioned as an easy-to-use platform where anyone could launch a meme token on Solana for less than $2.

However, recent data casts doubt on its fairness and transparency.

Solidus Labs research cited in the same report found that 98% of tokens launched on Pump.fun showed signs of fraudulent activity or lacked real liquidity. Just 1.4% of tokens had active, verifiable markets.

With so few functioning tokens, analysts question whether Pump.fun is advancing DeFi adoption or simply enabling low-cost scams under the guise of community-driven decentralisation.

Pump.fun’s past regulatory issues have also resurfaced. The site was banned in the UK in 2024, and it is currently facing a lawsuit filed in January 2025.

The legal case, still ongoing, has amplified caution among both institutional and retail investors, particularly as the platform prepares for its high-profile token launch.

Solana hit by selloff ahead of $1B token sale

As the PUMP token prepares to go live, market participants are already reacting.

The launch aims to raise $1 billion through a community-distributed token model. However, the growing anticipation is triggering rotation away from Solana’s native token.

Traders are reallocating capital to speculate on the PUMP launch, causing downward pressure on SOL in recent weeks.

Deutscher noted in a separate post that this capital shift reflects how investors previously used SOL as a proxy for Pump.fun’s fee generation.

Now, with a direct token offering in place, SOL is no longer necessary as an intermediary asset.

This shift could weaken Solana’s near-term liquidity profile and complicate the network’s broader decentralised finance strategy.

Despite being a breakout player during the early 2025 meme coin rally, Pump.fun’s trajectory is now marked by significant risk.

The narrative of financial democratisation is undercut by hard data, which shows that 312,191 wallets — or 95.6% — either broke even or lost money.

Whether the PUMP token can reverse sentiment remains unclear, especially with regulatory and reputational clouds looming overhead.

The post Over 60% of Pump.fun wallets lost money: report appeared first on CoinJournal.

Veröffentlicht am

Ravencoin price soars 150% amid Upbit listing

  • Ravencoin price rode an Upbit listing announcement to skyrocket with over 150% gains.
  • But the rally was short-lived as aggressive profit-taking wiped out much of the gains.
  • The token is likely to rally amid improving sentiment.

Ravencoin (RVN) rocketed by more than 150% in 24 hours, with massive gains coming amid the token’s listing on Upbit, South Korea’s largest cryptocurrency exchange.

The announcement, made by Upbit via its official X account, noted that the exchange will add trading support for RVN against the Korean Won (KRW).

RVN coin’s surge saw it hit highs of $0.027, its highest level since mid-December 2024.

Ravencoin price – Upbit triggers 150% RVN rally

Upbit revealed the RVN/KRW market support in a post on X, stating that trading support for the altcoin would commence at 17:00 local time.

The exchange, known for its massive trading volume and customer base in South Korea, often sees explosive demand for newly listed tokens.

No doubt this is what drove Ravencoin (RVN)’s price higher.

An imminent listing for an altcoin seen as one of the best minable tokens today meant bulls were in control within hours of the announcement.

Data from CoinMarketCap shows the token’s price more than doubled in value as it rose from lows of $0.010 to $0.027.

While a bit of profit taking had it pare these gains, the price remained more than 64% up in 24 hours, with intraday volume skyrocketing 4,255% to over $399 million.

RVN price outlook

In addition to the Upbit listing, Ravencoin is resurging amid a fresh spike in bullish sentiment related to mineable proof-of-work coins.

Recently, the Ravencoin team posted on X that RVN is currently seeing fresh interest from miners.

With its KAWPOW algorithm designed to resist ASIC dominance and encourage decentralized participation, many unable to mine BTC and other top coins are flocking to Ravencoin mining.

This mining momentum, paired with the Upbit listing, could catalyse bullish momentum for RVN’s price. A retest of $0.027 is possible.

Ravencoin price chart by TradingView

The technical outlook nonetheless has the Relative Strength Index (RSI) in overbought territory, which suggests a potential short-term pullback.

On the other hand, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, indicating a likely upward continuation.

In this case, Ravencoin’s price could revisit the $0.014-$0.013 area for support. Demand reload at this level and a successful retest of $0.02 could aid an upward flip. RVN price hit highs of $0.034 in early December 2024.

On the downside, profit taking could see RVN price retest $0.010 and potentially April 2025 lows of $0.009.

 

The post Ravencoin price soars 150% amid Upbit listing appeared first on CoinJournal.