Schlagwort: blockchain markets

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Best crypto presales to buy as JP Morgan reportedly files trademark application for JPMD

  • Early-stage project Bitcoin Pepe has continued to attract strong investor interest.
  • The Bitcoin Pepe presale has raised over $14.6 million. The BPEP token is currently priced at $0.0416.
  • The team behind the ambitious project is expected to make a listing announcement later today.

Bitcoin edged higher on Tuesday even as broader cryptocurrency markets showed mixed performance and global financial markets paused amid the ongoing conflict between Israel and Iran.

Both stocks and cryptocurrencies dropped sharply on Friday following renewed Israeli strikes, but sentiment began to recover on Monday.

By early Tuesday, however, momentum appeared to stall. US index futures slipped, and crypto price action turned mixed over the past 24 hours.

Digital assets often trade in line with high-risk tech stocks, rising on investor optimism but quickly reversing when sentiment weakens.

While geopolitical shocks typically trigger initial sell-offs, markets often stabilise and begin to rebound as traders gauge the scope and implications of the conflict.

Following the lead of the top cryptocurrency, early-stage project Bitcoin Pepe has continued to attract strong inflows, even amid heightened market volatility.

Since launching its presale in February, the project has maintained steady investor interest, positioning itself as a standout in the increasingly saturated meme coin space.

JP Morgan eyes crypto expansion

JPMorgan Chase, the largest US bank by assets and market capitalisation, has reportedly filed a trademark application for JPMD, fueling speculation of a potential move toward launching a stablecoin.

The application, dated Sunday, was accepted by the US Patent and Trademark Office but has yet to be assigned to an examiner.

According to the filing, the trademark covers a broad range of services in the digital asset space, including trading, exchange, transfer, and payment functions.

It also cites use cases in blockchain-based asset issuance, brokerage, clearing, and electronic fund transfers.

While the word “stablecoin” is absent from the filing, the language suggests a digital asset infrastructure with potential overlap in real-world asset settlement and brokerage via distributed ledger technology.

Bitcoin Pepe’s presale continues climbs

Even in a volatile market, the accelerating adoption of Bitcoin and digital assets by traditional finance has helped lift sentiment across the broader crypto ecosystem.

In this risk-friendly environment, investors seeking outsized returns are rotating back into speculative plays.

One project gaining traction is Bitcoin Pepe, which is drawing attention for its effort to merge internet meme culture with a credible Layer 2 blockchain proposition.

Widely regarded as one of 2025’s most closely watched crypto presales, Bitcoin Pepe has set itself apart with the ambition to “build Solana on Bitcoin”—an infrastructure vision aimed at combining the Bitcoin network’s security with the scalability typically associated with Solana.

Unlike most meme tokens that trade solely on hype, Bitcoin Pepe is backed by a technical roadmap and infrastructure-driven narrative.

The project has raised over $14.6 million in presale funding ahead of a listing announcement today, reflecting robust investor interest.

As capital continues flowing into early-stage assets, Bitcoin Pepe is positioning itself to ride the speculative momentum into the final days of its token sale.

The post Best crypto presales to buy as JP Morgan reportedly files trademark application for JPMD appeared first on CoinJournal.

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XRP price gains as Purpose announces spot ETF launch

  • XRP price rose amid news that Purpose Investments is set to launch a spot XRP spot exchange-traded fund.
  • The Purpose XRP ETF is set to launch on the Toronto Stock Exchange on June 18, 2025.
  • XRP is among several altcoins awaiting spot ETF approval in the United States.

XRP price surged by nearly 7% as cryptocurrencies mirrored a bounce on Wall Street amid investor confidence in a potential Israel-Iran peace deal.

While this is one of the main drivers of XRP price edging higher alongside Bitcoin and top altcoins, there was a slight jump as Canada-based asset manager Purpose Investments announced the upcoming launch of its XRP spot exchange-traded fund.

XRP was up amid a spike in daily volume, which had seen a 110% increase to over $3.45 billion.

Purpose XRP ETF set for launch

On Monday, June 16, 2025, Purpose Investments said in a press release that it had secured approval to launch the Purpose XRP ETF.

The final prospectus receipt from Canadian regulators means Purpose can now launch its spot XRP ETF on the Toronto Stock Exchange.

According to Purpose, the ETF goes live on the stock exchange on June 18 under the ticker XRPP.

“The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership in building a regulated digital asset ecosystem,” Vlad Tasevski, chief innovation officer at Purpose Investments, said. “We’re proud to continue pushing the boundaries of what’s possible in the space by offering investors simple, secure access to the infrastructure powering real-world blockchain adoption.”

XRP ETF launching in Canada is a milestone ahead of a potential approval in the United States.

After receiving numerous applications, the SEC is approaching deadlines for Ripple’s token. Odds are also high for Solana, Litecoin, and others.

Analysts say the launch of spot crypto ETFs could be one of the catalysts for parabolic price gains.

Is XRP price set to explode?

Ripple’s token XRP is one of the top altcoin gainers in the past year.

With the regulatory headwinds that bogged bulls down amid an SEC vs. Ripple tussle now gone, XRP price rose to hit highs of $3.30. The yearly peak was just shy of XRP’s all-time high of $3.82 reached in 2018.

In terms of XRP price prediction, analysts say the cryptocurrency could explode past the above peak in 2025.

Network growth and other factors, including spot ETF approval in the US, could be massive bullish catalysts.

According to market intelligence and on-chain data platform Santiment, the XRP network has surged in growth metrics. It includes active addresses, whale activity, and daily transactions.

Santiment noted this on X as XRP price jumped 7% to trade around $2.30.

“The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K. Additionally, there are now over 2,700 whale & shark wallets holding at least 1M $XRP for the first time in the asset’s 12+ year history.”

Data from Coinglass shows open interest in XRP is up 11.9% to over $4.34 billion.

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TRX surges as SRM Entertainment secures $100M deal to launch TRON treasury

  • SRM inks $100M deal to launch TRON-based treasury strategy
  • TRX price jumps as reverse merger with SRM gains momentum
  • Justin Sun named advisor as SRM rebrands to Tron Inc.

Justin Sun’s Tron (TRX) has recorded a significant price surge in market momentum following a high-stakes merger and strategic investment deal involving SRM Entertainment.

The TRX price has climbed 3% in the last 24 hours, fueled by the announcement that SRM Entertainment will accumulate $100 million worth of TRX and rebrand as Tron Inc.

The deal between SRM Entertainment and TRON

According to the announcement, the Nasdaq-listed SRM Entertainment has entered a $100 million equity investment agreement with a private investor.

The agreement was reportedly facilitated by Dominari Securities, headquartered in Trump Tower, and it will act as the exclusive placement agent.

Notably, the investment will be directed toward launching a TRON Treasury Strategy, which aims to hold large quantities of TRX as part of its long-term capital plan.

Under the agreement, SRM will issue Series B Convertible Preferred Stock and warrants valued at up to $210 million, which marks one of the largest token-backed treasury allocations by a public company to date.

Along with the strategic investment, Justin Sun, the founder of TRON blockchain, has been named as an advisor to SRM Entertainment.

Tron Inc to replace SRM on Nasdaq

As part of the agreement, SRM will officially change its name to Tron Inc., signalling a new chapter in the company’s operations and mission.

The rebranding follows the formal appointment of Justin Sun as an advisor, marking his return to center stage after years of decentralized leadership within the TRON ecosystem.

According to SRM CEO Rich Miller, the investment is not merely financial but ideological, representing a firm belief in the TRON blockchain’s role in building next-generation financial infrastructure.

In addition, the Financial Times reports that both Donald Trump Jr. and Eric Trump played a role in facilitating the reverse merger, with Eric expected to take on a key position at Tron Inc.

Notably, the TRON founder’s involvement in the merger highlights his increasingly close relationship with the Trump family, who have become notable players in the crypto political sphere.

Sun has also made significant investments in Trump-affiliated projects, including the TRUMP meme coin and World Liberty Financial, through which he acquired large amounts of WLD.

In exchange, World Liberty Financial has supported the TRON ecosystem by accumulating TRX and issuing its USD1 stablecoin on TRON’s blockchain.

TRX token price surges

Following the announcement, TRX surged to $0.2803, with its 24-hour trading volumes surpassing $1.2 billion and market capitalisation exceeding $26.5 billion.

The move can be interpreted as a strong vote of confidence in TRON’s role in global stablecoin and settlement markets, especially as traditional finance edges closer to blockchain integration.

Justin Sun has specifically emphasised TRON’s reach, citing over 310 million user accounts and daily on-chain transaction volumes of more than $20 billion, mostly in US dollar-backed stablecoins.

In addition, the planned dividend policy, tied to TRX staking, could further bolster TRON’s appeal to institutional and retail investors in the months ahead.

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Bitcoin price rebounds to $107k despite Middle East tensions

  • Bitcoin price has recovered from its sell-off to trade above $107,000.
  • The Bitcoin price was up nearly 2% in 24 hours on June 16, 2025, despite Middle East tensions.
  • Analysts say BTC has shown resilience since it touched lows of $102,800 on June 11.

Bitcoin (BTC) showed notable strength as the price recovered to trade above $107,000 in the early trading session on Monday, June 16, 2025, despite continuing concerns over a potential war breaking out in the Middle East.

The price of BTC touched lows of $102,800 last week amid negative headlines fueled by Israel and Iran’s aggression against each other.

However, with markets likely buoyed by a potential peace deal, the benchmark cryptocurrency is back near $107k.

A slight recovery across the market has also seen Ethereum rebound above $2,600, XRP above $2.20, and Solana above $1.56.

Top gainers in the past 24 hours include Hyperliquid (HYPE), which shot to a new all-time high above $44.7 as its total value surpassed $2 billion.

QCP analysts on BTC, market bounce

While geopolitical headwinds prevail, led by the Iran-Israel situation, analysts are pointing to Bitcoin’s resilience amid institutional interest.

The market has witnessed notable traction for spot Bitcoin exchange-traded funds (ETFs) as another factor to consider.

Spot Bitcoin ETF inflows reached $1.3 billion in the past week.

According to analysts at Singapore-based QCP Capital, the price of Bitcoin is showing impressive strength despite the Middle East tensions.

Recovery for BTC mirrors gains in the US futures market on Monday.

In reference to the price drop seen last week and over the weekend, QCP wrote.

“The reaction was relatively muted. Friday’s pullback was just 3%—mild compared to April 2024, when similar headlines triggered an 8% drawdown. The market seems more composed this time around.”

However, the analysts say downside risks persist, particularly if Iran blocks the Strait of Hormuz or the US military gets directly involved in the conflict.

But what could this mean for Bthe TC price long term?

“Ironically, such risks may support $BTC over the longer term. With the asset less than 6% off all-time highs, its performance continues to reinforce a narrative of $BTC as a hedge against macro instability and rising debt burdens,” QCP added. “Recent price action suggests $BTC is no longer just a speculative trade. Structural adoption is being driven by conviction flows, even as the broader macro picture remains unsettled.”

Bitcoin price prediction

Bitcoin reached its all-time high above $111,970 on March 22, 2025. The current prices, despite the sharp decline seen last week, only put BTC over 4% off the ATH.

With Bitcoin fear & greed index suggesting the market remains in greed territory, it’s possible bulls could soon retest the psychological $110k level.

However, buyers face a supply wall around the $108k area. On the flipside, key support levels lie around $103k.

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Hyperliquid price surges to all-time high with TVL crossing $2 billion

  • Hyperliquid (HYPE) trades above $44 after hitting a new all-time high.
  • A rally of over 11% in the last 24 hours has bulls in control as open interest also reaches a new ATH.
  • The technical picture suggests a possible breakout above $50, but can bulls go for $100 in coming days?

Hyperliquid (HYPE) price jumped to a new all-time high above $44.76 on June 16, 2025, allowing buyers to push into price discovery mode.

The gains for HYPE came amid an 11% surge in 24 hours and over 25% rally in the past week.

With Hyperliquid trending as one of the top coins in the market, open interest is rising and a bullish setup suggests a spike above $50 is possible.

An innovative DeFiLlama infrastructure and aggressive token buyback are some of the bullish catalysts for Hyperliquid.

HYPE price soars to new all-time high

As of writing, the native token of this layer 1 blockchain for decentralized finance (DeFi), hovers around $44.36. However, as per CoinMarketCap, HYPE price surged to an all-time high of $44.76 in early trading on Monday.

The upside coincides with a sharp spike in total value locked (TVL), which currently exceeds $2.24 billion.

DeFiLlama data shows Hyperliquid TVL has increased nearly 7% in the past 24 hours. On June 11,2025, the Hyperliquid TVL stood around $1.7 billion.

The project’s growing ecosystem, with a crucial stablecoin architecture and thriving developer community, adds to the bullish outlook.

As HYPE price hit its new ATH above $44.7, a whale with a long position of 4x leverage increased their profits. OnChain Lens noted the whale’s floating profit hovered at over $13.7 million at the time.

Hyperliquid price prediction: Is $100 next?

Open interest, huge trading volume and increased institutional interest are all factors that see HYPE’s price hover at its all-time highs.

Coinglass data shows derivatives volume for HYPE has jumped 29% to over $1.8 billion.

Meanwhile, OI is above $2 billion with a more than 15% spike. This optimism about Hyperliquid’s price potential also aligns with signals from key technical indicators.

On the daily chart, the 14-day Relative Strength Index (RSI) stands at 69. This means a market that’s not overbought yet. In this scenario, buyers have room for fresh gains.

Also backing this outlook is the Moving Average Convergence Divergence (MACD), which offers a bullish momentum as MACD line trends above the signal line.

HYPE price on daily chart by TradingView

In a bullish case, the short-term picture is for a decisive spike above $50 and potential run to the psychological $100 mark.

Notably, HYPE could rally much higher in 2025 amid further adoption of its decentralized applications and attractive financial incentives.

On the flipside, profit taking could force bulls to defend the $40 and $32 price levels.

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