Kategorie: Crypto News

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Pepe, dogwifhat see price gains amid altcoin spike

  • PEPE jumped to above $0.0000092, up nearly 13% as volume spiked 46%.
  • Meanwhile, dogwifhat hit highs of $0.64, also up 13% as altcoins mirrored Bitcoin gains.
  • Analysts say President Donald Trump’s announcement of a trade deal with the UK could spark further gains.

Pepe (PEPE) and dogwifhat (WIF) are among the top gainers in the crypto market today as Bitcoin rides bullish sentiment to near $100k.

The meme coins, ranked 28th and 98th by market cap on CoinMarketCap, posted double-digit gains as Bitcoin rose 3%, hitting a two-month high alongside a broader rally in risk assets.

PEPE traded at around $0.000009217, up by 12.59% at the time of writing. Whale activity suggests investor confidence.

Meanwhile, dogwifhat hovered near $0.64, up 13% in the past 24 hours.

The gains happened alongside a spike in trading volume, Pepe recording a 46% surge in daily volume to $766 million, while dogwifhat saw an increase of 44% to about $242 million.

dogwifhat, Pepe surge as crypto reacts to trade deal news

Bitcoin surged as investors reacted to President Donald Trump’s announcement of a massive trade deal between the United States and the United Kingdom.

As risk-on sentiment kicked in, equities signaled a rally with futures up. Cryptocurrencies, including the memecoins PEPE and WIF, rose alongside Bitcoin, Ethereum, and Solana.

EOS and Pudgy Penguins led the top performers.

With the trade deal likely to be among many others lined up, analysts say an easing of tariff tensions could spark fresh market optimism.

“President Trump teased a major trade deal this morning, with speculation pointing to the UK. Despite a few details, the headline alone sparked a sharp risk-on reaction across global markets,” QCP Capital analysts noted.

“Crypto jumped on the news. $BTC rose 2.74% to reclaim $99K, while $ETH surged 6.89%, breaking out of a three-week range. Options flow showed strong demand for May and June calls, signalling renewed bullish sentiment,” they added.

PEPE and WIF price outlook

While analysts urge a cautious approach as the US markets open, they see a BTC close above $100k as potentially adding to the upside.

This scenario could see meme coins soar amid capital rotation into anticipated gainers.

The surge in volume and open interest (+13% to $454 million for PEPE, and +16% to $244 million for dogwifhat) suggests strong interest in the tokens.

If this sentiment holds as BTC rallies, buying pressure could see PEPE and WIF rise to key levels.

WIF price could return to above $1 if bulls edge higher.

Meanwhile, Pepe may see a zero taken off the price range, with recent hurdles at $0.000015 and $0.000020 key.

The post Pepe, dogwifhat see price gains amid altcoin spike appeared first on CoinJournal.

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Altcoins signal bullish breakout as Bitcoin nears $100K milestone

  • ETH targets $3,200 after breaking trendlines.
  • SOL eyes $230 range with bullish setup.
  • DOGE rises past $0.18 as retail interest grows.

A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins.

With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins.

Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle.

The shift comes after months of sideways movement in both Bitcoin and alternative digital assets.

Traders are interpreting recent consolidations in key altcoins as signs of accumulation.

With bullish chart patterns now forming across higher timeframes, the setup for a widespread breakout appears to be strengthening.

Bitcoin rally triggers altcoin interest

Bitcoin’s steady climb has captured global headlines, but under the surface, a quieter transition is taking place.

Market watchers are noting a drop in Bitcoin dominance — the measure of Bitcoin’s share in the total crypto market capitalisation — indicating that capital is rotating into the altcoin sector.

This development aligns with patterns seen in previous cycles, where Bitcoin rallies first and is followed by outsized gains in smaller-cap cryptocurrencies.

As a result, several major tokens are now attempting to break above long-term resistance levels that have been intact since the last bull run.

ETH, SOL, DOGE show price strength

Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, has broken above key trendlines and is now targeting the $3,200 zone.

The move is supported by technical indicators pointing to increasing momentum and volume accumulation.

Solana (SOL), which has recovered strongly since the end of 2024, is now targeting the $220–$230 range.

After bouncing from major support zones, SOL has formed an inverse head and shoulders pattern on the daily chart, suggesting a sustained upward push.

Meanwhile, Dogecoin (DOGE), one of the most-watched memecoins, has climbed above $0.18, a key resistance level from its early 2024 highs.

DOGE’s rise is backed by rising social media interest and increased retail trading volume, both considered indicators of speculative momentum.

NEAR, KAS, ADA in breakout zones

NEAR Protocol (NEAR) and Kaspa (KAS) are also flashing bullish setups.

NEAR has broken out of a months-long consolidation and is showing signs of institutional interest.

Technical analysis reveals a breakout from a symmetrical triangle, which often precedes a strong continuation move.

Kaspa (KAS), known for its blockDAG technology and high transaction throughput, is forming a classic bull flag.

If confirmed, the pattern could point to a rapid price acceleration from current levels.

Cardano (ADA) and Sonic (S) are similarly exhibiting accumulation patterns.

ADA is currently testing upper trendlines, while Sonic recently completed a successful retest and breakout.

These moves suggest that altcoins are now attempting to recover a significant portion of their bear market losses, with analysts pointing to the potential for 100–250% rallies, should sentiment hold and Bitcoin remain above critical levels.

Technicals support a bullish cycle

The latest altcoin rally is not merely speculative. It is backed by technical confirmation on higher timeframes, including weekly charts.

Patterns such as the cup and handle and inverse head and shoulders have formed across several major tokens, a common feature during the early stages of bullish cycles.

The broader implication is that altcoins could retrace around 60% of their previous losses if market momentum continues to improve.

With Bitcoin approaching the $100K mark, this shift in liquidity towards altcoins could mark the beginning of a fresh wave of capital inflows into the broader crypto market.

The post Altcoins signal bullish breakout as Bitcoin nears $100K milestone appeared first on CoinJournal.

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EOS price on the rise as Vaulta rebrand nears

  • The EOS price is rallying ahead of the highly anticipated Vaulta rebrand.
  • EOS’s token swap from $EOS to $A will go live on May 14 via MSIG and the Vaulta Swap Portal.
  • As the EOS price surges, bullish charts and rising open interest point to a possible Bull Run post-rebrand.

The EOS price has surged over 20% today, reaching an intraday high of $0.8482 as traders prepare for next week’s major network update.

The sudden rally also coincided with a staggering 241% spike in 24-hour trading volume, according to CoinMarketCap data, pushing above $506 million of EOS across order books.

EOS’s Vaulta rebrand is slated for May 14

According to an official announcement, the EOS network will officially switch its native token from $EOS to $A as part of a full rebranding to Vaulta, starting on May 14.

That change will be executed via a block producer multi-signature (MSIG) transaction that deploys the new Vaulta token contract and opens the Vaulta Swap Portal on Unicove.

Token holders will be able to exchange their $EOS for $A on a one-to-one, fee-free basis using either the official portal or supported exchanges.

The transition is purely cosmetic and strategic, with all existing infrastructure, wallet addresses, and smart contracts remaining fully compatible under the new Vaulta mainnet identity.

Developers and users alike are urged to complete the swap early to ensure seamless access, though a bi-directional swap window will remain open for four months post-launch.

EOS price outlook

Technical indicators are flashing bullish signals after EOS broke out from the upper boundary of a multi-week ascending broadening wedge on the 4-hour chart.

The Chaikin Money Flow has climbed into positive territory at 0.16, while Aroon Up sits near 85% and Aroon Down falls to about 35%, underscoring persistent buying pressure.

Derivatives data further bolsters the bullish case, with open interest in EOS futures up over 41% to roughly $195 million and a long/short futures ratio above 1 across major exchanges.

Coupled with attractive staking yields of around 17% on the forthcoming Vaulta token, vastly higher than Ethereum’s 2.7% or Solana’s 5.4%, investors are eyeing EOS for both capital gains and passive income.

Market observers, like Crypto investor and Data analyst CW, believe a breach of the $1 psychological level could pave the way toward $1.45 in the near term.

More optimistic traders are targeting $2.10 as the next significant resistance following a daily chart triangle breakout.

With the Vaulta rebrand just days away, EOS appears poised to maintain its upward trajectory as both a speculative asset and a yield-generating network token.

The post EOS price on the rise as Vaulta rebrand nears appeared first on CoinJournal.

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Crypto news today: stablecoin bill hits political wall as democrats question Trump’s crypto ventures

  • A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties.
  • Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues.
  • Nine Senate Democrats (including previous supporters) now oppose the bill’s current form, demanding stronger safeguards.

What recently appeared as a rare opportunity for bipartisan agreement on cryptocurrency regulation has hit a significant roadblock, directly attributable to President Donald Trump’s expanding personal and business entanglements within the digital asset space.

Congressional Democrats, citing concerns over potential conflicts of interest and personal enrichment, are now expressing strong reservations about advancing landmark stablecoin legislation, jeopardizing its path forward.

The legislation in question, the Guiding and Establishing National Innovation for US Stablecoins of 2025 (GENIUS Act), successfully cleared the Senate Banking Committee in March with support from both parties, signaling a potential quick win for the crypto industry seeking regulatory clarity.

However, momentum has stalled as scrutiny intensifies over President Trump’s various crypto endeavors.

These activities include the pre-inauguration launch of his own $TRUMP meme coin, reported involvement with a new stablecoin (USD1) via the Trump family-backed World Liberty Financial, suggestions of a potential family stake in the major exchange Binance (linked to an Abu Dhabi investment deal using USD1), and a partnership between the Trump Media & Technology Group and Crypto.com.

Furthermore, an upcoming dinner exclusively for top holders of his meme coin has drawn criticism, reportedly even raising eyebrows among crypto-supportive Republicans like Senator Cynthia Lummis.

Democrats pump brakes on stablecoin bill

This backdrop prompted nine Senate Democrats, including notable figures who previously voted for the bill in committee, to issue a statement over the weekend declaring they would not support the GENIUS Act in its current form.

While their official statement highlighted necessary improvements – citing the need for “stronger provisions on anti-money laundering, foreign issuers, national security, preserving the safety and soundness of our financial system, and accountability” – other prominent Democrats linked their opposition more directly to the President’s actions.

“Since the committee vote, president Trump’s aggressive efforts to profit from stablecoins and the obvious opportunities for bribery and other influence peddling have demonstrated why it is vital that we make meaningful, substantive reforms to the bill,” stated Senator Elizabeth Warren, a leading voice on the Banking Committee, in a Monday speech.

Pushback extends beyond stablecoin specifics

The resistance reflects a growing unease among Democrats about potentially legitimizing or facilitating activities they perceive as problematic.

The concern isn’t necessarily directed at stablecoin regulation itself – the senators’ statement acknowledged that “the absence of regulation leaves consumers unprotected.”

Rather, the opposition targets the current legislative vehicle in the specific context of the President’s apparent conflicts.

Democrats appear unwilling to lower regulatory guardrails or advance crypto legislation that could be seen as enabling potential corruption at the highest level.

Further underscoring this sentiment, Democratic Senator Jeff Merkley introduced the “End Crypto Corruption Act” on Tuesday.

This proposed legislation aims specifically to prohibit the president and other high-ranking federal officials from issuing, sponsoring, or endorsing digital assets.

“Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns or controls,” Merkley asserted in a statement accompanying the bill’s introduction.

Implications for broader crypto regulation

The impasse over the stablecoin bill casts a shadow over prospects for more comprehensive crypto market structure legislation, something the industry has sought for years.

The political friction generated by the President’s crypto ties makes navigating any crypto-related bill more challenging.

Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, also signaled resistance this week, objecting to a joint hearing intended to address these broader market structure issues.

Financial policy analyst Jaret Seiberg of TD Cowen viewed the situation primarily through a political lens, noting that Trump’s personal stake complicates Democratic support for a bill potentially regulating his family’s business interests.

However, he still predicted the stablecoin bill could eventually pass, potentially after Democrats extract significant concessions, given the crypto lobby’s considerable political influence and resources.

Industry lobbyists, meanwhile, appear concerned by the stalling momentum, issuing statements urging lawmakers to move the GENIUS Act forward to provide necessary regulatory clarity, support stablecoin adoption, and maintain US leadership in the digital economy.

The immediate future of the stablecoin bill, however, now appears hostage to the political fallout from the President’s controversial foray into the crypto world.

The post Crypto news today: stablecoin bill hits political wall as democrats question Trump’s crypto ventures appeared first on CoinJournal.

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Stellar gains ground in RWA market, but 80% XLM supply held by few stirs concern

  • Stellar ranks third in RWA tokenisation market by value.
  • Exchange balances on Binance grow to 1 billion XLM.
  • Active wallets reach 9.5 million, growing by 5,000 daily.

Stellar (XLM) is navigating a complex landscape in 2025.

While the blockchain network continues to gain traction as a real-world asset (RWA) hub, concerns around centralisation and potential market manipulation are also intensifying.

Stellar has recorded an 84% rise in RWA-linked value this year, surpassing $500 million.

However, with nearly 80% of XLM supply controlled by just ten wallets, analysts warn of volatility risks if large holders move to sell.

Meanwhile, daily wallet growth and rising exchange balances suggest expanding adoption but also potential sell pressure.

As institutional products integrate with Stellar and retail participation climbs, investors remain split on whether the current distribution model can support long-term price stability without triggering major corrections.

XLM supply is controlled by top wallets

The top 10 wallets hold around 25 billion XLM out of a total of 30.9 billion in circulation, equating to roughly 80% of the available token supply.

Source: CoinMarketCap

This significant imbalance raises questions about decentralisation and network resilience.

In contrast, 90% of holders reportedly own fewer than 100 XLM, giving them little influence over market trends.

Such concentration could have serious implications for XLM’s price stability.

If a small number of holders were to liquidate significant volumes, the market could face sharp corrections.

The risk is further amplified by rising exchange balances, with XLM held on Binance growing from 180 million in late 2023 to 1 billion by May 2025, according to stellar expert.

This increase points to higher trading interest, but also the possibility of mounting sell pressure.

RWA tokenisation pushes XLM adoption

Despite supply concerns, Stellar has made clear inroads into the tokenisation of real-world assets — a sector drawing institutional capital and crypto-native investment in 2025.

Stellar currently ranks as the third-largest protocol by RWA market capitalisation, trailing only Ethereum and ZKsync Era.

Institutional-grade products like the Franklin Templeton OnChain US Government Money Fund, valued at $497 million, and Circle’s USDC stablecoin with $345 million on the Stellar chain, have helped push the total RWA value on Stellar to over $500 million.

This is up from $275 million in January, marking an 84% increase within five months.

Such growth signals that more traditional financial institutions are considering Stellar as an alternative to Ethereum for tokenized assets.

Faster transactions and lower costs remain key attractions.

On-chain growth supports the adoption trend

The XLM network has also shown strong user base expansion. Stellar’s active accounts grew from 7.2 million in 2023 to 9.5 million by May 2025.

This represents an average addition of about 5,000 wallet addresses daily. The growth helps counterbalance the impact of concentrated holdings, as demand rises across a broadening user base.

This daily activity reflects more than speculative trading.

It suggests growing confidence in Stellar’s long-term utility, particularly in the RWA sector.

While increased circulating supply often raises concerns about dilution or dumping, in Stellar’s case, it appears aligned with deliberate expansion strategies aimed at onboarding more institutional and retail users.

Market remains divided on centralisation risks

While Stellar’s RWA integrations and active user growth highlight ongoing demand, the risk associated with token concentration cannot be overlooked.

If the top holders — or “whales” — choose to exit positions, price shocks are likely.

However, if network development continues alongside strategic RWA partnerships, the Stellar blockchain could retain and grow its niche within the broader crypto asset ecosystem.

Although Stellar’s fundamentals appear strong, investors are likely to remain cautious until the network addresses its centralisation risks.

Efforts to increase token distribution, improve governance, or introduce staking mechanisms may help mitigate future volatility.

The post Stellar gains ground in RWA market, but 80% XLM supply held by few stirs concern appeared first on CoinJournal.