Schlagwort: crypto business

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Toncoin price outlook as Verb Technology announces $558m TON treasury strategy

  • Toncoin price was down 6% and near $3.37 after recent gains.
  • Nasdaq-listed firm Verb Technology has announced a $558 million TON treasury strategy.
  • TON price could benefit from the company’s buying as interest grows.

Verb Technology Company, Inc. (Nasdaq: VERB), an interactive video-based sales applications firm, has announced plans for a major TON treasury strategy.

The firm has eyes on a $558 million initial haul for the first publicly listed TON treasury company.

News that Verb is looking to add TON to its treasury comes as the Toncoin (TON) price navigates notable selling pressure.

Big news for TON from Verb Technology?

Verb Technology has embraced TON, the native token of The Open Network blockchain network.

In an announcement on Monday, Aug. 4, Verb revealed a $558 million private placement aimed at the purchase of TON as the company positions itself as a leading TON player.

Verb’s capital raise attracted more than 110 institutional and crypto-native investors, including Kingsway Capital, Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA). Kraken, Pantera, MEXC Ventures, Arrington Capital, Animoca, and BitGo also subscribed.

Verb is partnering with Kingsway Capital to help the ambitious venture.

The partnership will see Verb Technology rebranded as TON Strategy, with its move expected to make it the first publicly traded treasury reserve of TON.

By integrating TON, Verb seeks to capitalise on the blockchain’s growing adoption. According to the press release, Verb will begin its TON purchase and holding as a treasury asset on August 7, 2025.

“Telegram is the preferred messenger for the growing global crypto community and TON is the currency that powers the Telegram ecosystem. In my judgment, permanent capital vehicles are particularly suitable for long-term holdings of TON, which not only has the potential to compound in value, but also offers staking yield, meaning TSC can benefit from staking rewards,” said Manuel Stotz, founder and CEO of Kingsway Capital.

Toncoin price outlook as altcoin attracts Wall Street

At the time of writing, Toncoin (TON) traded 6% lower as the broader market attempted to recover from last week’s volatility.

While TON was down, news that Verb Technology was eyeing a $558 million treasury strategy with the altcoin could quickly buoy sentiment.

This is because Verb’s $558 million commitment signals increasing Wall Street confidence in TON’s long-term value, aligning with overall institutional interest in cryptocurrencies.

TON traded to highs of $3.73 on Aug. 3, but with profit taking it down to around $3.37.

It’s a performance that sees Toncoin price hover just in the green on the weekly time frame.

However, the altcoin remains 23% up in the past month and holds an uptrend line formed since July 8.

Verb’s stock jumped amid the news, and it’s likely TON will follow as the new company begins to execute its strategy.

The post Toncoin price outlook as Verb Technology announces $558m TON treasury strategy appeared first on CoinJournal.

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Best altcoin to buy now? BPENGU is the meme coin with serious potential

  • With $1.9 million already raised in its presale, demand for $BPENGU isn’t slowing.
  • $BPENGU’s presale structure, combined with Bitcoin’s ongoing strength above the $110K mark, positions the token for significant upside. 
  • If Pudgy Penguins defined the last meme moment, Bitcoin Penguins is shaping up to define the next.

The search for the best altcoins to buy now is heating up as altseason builds momentum—and Bitcoin Penguins ($BPENGU) is quickly emerging as the most exciting name on the radar.

Far from being just another meme coin, $BPENGU is combining viral energy with hard-hitting fundamentals, catching the attention of both retail speculators and more serious crypto analysts.

With $1.9 million already raised in its presale, demand for $BPENGU isn’t slowing.

That’s not just about hype—it’s because the project is doing something few meme coins bother with: offering real tokenomics designed for long-term sustainability and growth.

From Pudgy’s playbook to Bitcoin’s backbone

Just when you thought the penguin meta had peaked, Bitcoin Penguins enters the chat.

Drawing inspiration from the wildly successful Pudgy Penguins, $BPENGU takes the familiar cuteness of that ecosystem and fuses it with Bitcoin’s technical superiority.

Where Pudgy made waves with toys and NFTs, $BPENGU is looking to dominate on-chain with meme-meets-money precision.

The token has a fixed total supply of 10 billion, with 55% made available through the ongoing presale.

Each stage of the presale increases in price by 5%, giving early participants the opportunity for up to 75% paper gains even before its confirmed listing on September 2.

The roadmap? A bold but calculated push toward a $2 price target by November 2025—representing a potential 1000x return from Stage 1.

Why BPENGU can break through

$BPENGU’s presale structure, combined with Bitcoin’s ongoing strength above the $110K mark, positions the token for significant upside. 

If it mirrors $PENGU’s path—which surged to a billion-dollar valuation—early investors could see substantial returns, especially if the token reaches its projected $2 target. 

The broader meme coin rally further amplifies this momentum.

Unlike $PENGU, which still lacks defined utility but remains in focus due to upcoming gaming and cross-chain developments, $BPENGU will need to actively execute on its roadmap. 

This includes delivering competitions, securing partnerships, and building community engagement. 

Sustained success will hinge not just on market hype, but on translating attention into tangible value.

Altseason energy, Bitcoin-backed confidence

Momentum around altcoins is building.

Ethereum ETFs have now posted 20 straight days of inflows, and big institutional moves—like Japanese treasury firm Metaplanet’s latest $53.7 million Bitcoin buy—are reinforcing that the market is entering a new phase of accumulation and expansion.

Metaplanet’s CEO, Simon Gerovich, confirmed that the company now holds 17,595 BTC and that more capital raises are coming to fund further purchases.

That kind of institutional confidence often marks the prelude to the next leg of altseason.

And when capital rotates from Bitcoin into newer, high-upside plays, projects like $BPENGU—memes with a mission—are often the biggest beneficiaries.

If Pudgy Penguins defined the last meme moment, Bitcoin Penguins is shaping up to define the next.

With a rock-solid presale structure, capped supply, incentivised holding, and an actual Bitcoin backbone, $BPENGU isn’t just a joke—it’s the best altcoin to buy now if you’re betting on where this cycle’s energy is going.

The presale is still open. But with listings confirmed for early September, and sentiment snowballing, the window may not be open for long.

The post Best altcoin to buy now? BPENGU is the meme coin with serious potential appeared first on CoinJournal.

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Coinflux could drop below $0.20 after its 14% rally last week; Check forecast

Key takeaways

  • CFX is down 2% in the last 24 hours and risks dropping below $0.20 soon.
  • The coin rallied to a high of $0.27 last week amid growing adoption buzz in China.

CFX dips 2% after outperforming the market

CFX, the native coin of the Coinflux blockchain, is underperforming despite the broader crypto market rallying over the last few hours. The coin has lost nearly 2% of its value in the last 24 hours and risks dropping below $0.20 soon.

This poor performance comes after the coin rallied by 14% last week, hitting a high of $0.27. Its rally comes as analysts predict the coin’s adoption in China as the country warms up to stablecoins.

Reports suggest that Conflux is prepping an offshore-yuan stablecoin, which could make it one of the first stablecoin projects in China. The buzz contributed to CFX adding over 190% to its value over the last 30days.

While CFX has performed excellently over the last few weeks, the coin is still 87% down from the all-time high of $1.70 it achieved four years ago. 

CFX could drop below $0.20 soon

The CFX/USD 4-hour chart is bullish and efficient, as CFX has been performing excellently over the last few weeks. However, the coin could undergo further correction before rallying higher.

The technical indicators remain bullish, suggesting that buyers are in control. The RSI of 52 shows a fading bullish momentum, while the MACD lines are also approaching the neutral zone.

CFX/USD 4H Chart

At press time, CFX is trading at $0.2097. If the correction persists, CFX could retest the Inducement Liquidity (ILQ) at $0.159 in the coming hours or days. Failure to defend this level could see CFX drop to the major support level at $0.102.

However, the CFX/USD pair is bullish and could resume its rally soon. If the bullish momentum returns, CFX could take out last week’s high of $0.2789 before hitting the $0.30 mark for the first time since April 2024.

The post Coinflux could drop below $0.20 after its 14% rally last week; Check forecast appeared first on CoinJournal.

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Ethereum price prediction: Ether rebounds above $3,500, targets $3,900

Key takeaways

  • Ether dropped below the $3,400 level over the weekend as the broader market underperformed.
  • The coin is now trading above $3,500 and could rally towards the $3,700 level soon.

Ether rebounds from the weekend’s sell-off

Ether, similar to the broader cryptocurrency market, underperformed last week. The second-largest cryptocurrency by market cap lost 8% of its value over the last seven days and hit a low of $3,359 on Saturday.

The poor performance was caused by several macroeconomic factors. The Federal Reserve kept interest rates the same while the Fed Chair suggested that there is no certainty over a September rate cut.

The Nonfarm Payroll also came out poorly, indicating that the US economy was growing at a much slower rate than expected. Finally, the market reacted negatively amid new tariff discussions.

The macroeconomic factors saw over $200 million in outflow for Ethereum ETFs, resulting in Ether dropping below the $3,400 mark. 

However, the market is currently in a correction and could surge higher if conditions remain positive. 

ETH targets the $3,700 resistance level

The ETH/USD 4-hour chart is bearish and efficient after Ethereum price closed below its daily support level of $3,730 over the weekend. The recovery above $3,500 shows that Ether found support around its 78.6% Fibonacci retracement level at $3,392. At the time of writing, it continues its recovery, trading above $3,500.

The technical indicators are currently rebounding from the weekend’s low. The RSI on the 4-hour chart reads 49 after bouncing off the neutral level of 50 on Saturday and points upwards, indicating bullish momentum gaining traction. The MACD lines are also set to cross into bullish territory soon. 

If ETH continues its recovery, it could extend the rally and reclaim the $3,730 resistance point. An extended bullish movement would allow Ether to surge towards the monthly high of $3,931. 

On the other hand, if ETH faces a correction, it could dip further and retest the key support at $3,170. The support level around $3,300 is currently being protected by the bulls.

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Bitcoin Penguins presale ignites frenzy as meme culture collides with BTC power

  • $BPENGU launches 15-stage presale, blending Bitcoin’s brand with meme token energy.
  • Early buyers could gain 75% pre-launch, with price rising every 48-hour presale round.
  • Targeting $2 by Nov 2025, BPENGU aims for $1B market cap like PENGU’s past success.

As August begins, the memecoin market is exhibiting early signs of a bullish rebound.

As memecoins continue to show strength, a new memecoin is getting ready to take the stage.

Bitcoin Penguins ($BPENGU) is crashing onto the crypto scene with a 15-stage, 30-day presale that blends the relentless meme mania of Pudgy Penguins with Bitcoin’s unmatched brand of financial gravity.

As altcoin season is roaring back to life, BPENGU offers both emotional spark and real investment firepower.

What makes Bitcoin Penguins so special?

Bitcoin Penguins combine the viral charm of Pudgy Penguins met the financial clout of Bitcoin.

A meme token built not on Ethereum like its pudgy predecessor, but on Bitcoin’s cultural and market foundation.

It’s cute meets cash, meme meets money.

The project takes the most explosive forces in crypto—Bitcoin’s digital gold narrative and penguin-driven meme energy—and unites them into one meme-token rocket.

And the presale mechanics are built to reward the early believers: 15 stages, with prices rising 5% at each phase.

Bitcoin Penguins is engineered for this moment: altcoin appetite is surging, Bitcoin is consolidating after record highs in July, and the market is once again hungry for the next meta.

Three memecoins in particular are gaining momentum.

FLOKI has reclaimed a key support level, PUMP appears to be reversing its recent downtrend, and MEW is approaching a potential breakout point.

The memecoin strength will galvanize projects like BPENGU which provides investors huge upside.

Penguins are dominating crypto’s cultural conversation—and BPENGU is the natural evolution of that trend.

Bitcoin Penguins’ strong presale

If you missed PENGU’s 277% run in the last 90 days, this might be your second chance.

Bitcoin Penguins isn’t just a token; it’s the embodiment of a new meme era.

$BPENGU has already raised $1.88 million in its presale so far.

Presale demand already reflects this: each BPENGU stage is set to last just 48 hours, and token prices rise every round.

That means urgency isn’t a gimmick—it’s baked into the economics.

Early buyers at $0.00100 in Stage 1 could lock in a 75% gain by Stage 15, even before listing.

This is a memecoin with a macro tailwind and a presale structure that rewards conviction.

An investment opportunity with meme momentum

Presale buyers not only stand to gain 75% by launch but could 1000x their investment if BPENGU hits its target price of $2 by November 2025—a trajectory that would push its market cap past $1 billion, just like PENGU did in October.

And it’s not just hype: the listing is already confirmed on September 2, with a 72-hour window post-presale.

The roadmap includes weekly BTC competitions, partnerships, and a marketing push designed to sustain momentum through launch and beyond.

In a world where penguin tokens are outperforming and Bitcoin’s narrative remains dominant, Bitcoin Penguins could be the perfect storm—memetic enough to go viral, grounded enough to go the distance.

Don’t just watch the waddle—join it. The presale is live, the price is rising, and the next great crypto meme is here.

The post Bitcoin Penguins presale ignites frenzy as meme culture collides with BTC power appeared first on CoinJournal.