Category : CoinJournal

CoinJournal

Which way for Ethereum (ETH) price with the Pectra upgrade

Whales have increased Ethereum (ETH) holdings from 15.5M to 19M ahead of Pectra. Pectra upgrade will enable account abstraction, validator scaling, and 2× blob capacity. ETH price currently faces key resistance at $1,855 and support at $1,755....

Crypto news today: Stablecoin bill stalls as democrats raise concerns about Trump’s personal crypto interests

Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal financial ties to crypto ventures (memecoin, family-linked stablecoin)....

Trump woos crypto elite with exclusive dinners tied to $TRUMP token and millionaire donors

US President Donald Trump is leaning into the cryptocurrency world this month with two high-profile dinners targeting both wealthy political donors and holders of the meme coin bearing his name — the $TRUMP token. Together, these crypto-focused...

Can MANTRA (OM) price rebound as RSI dips below 20?

The Mantra (OM) token has fallen below $0.40, with RSI at 17.18, signalling oversold conditions. 300M OM tokens are scheduled for burning to curb supply, but price recovery remains elusive. The Mantra team also plans governance reforms to restore tr...

Trump hints at China tariff cut: will Bitcoin price soar past $100K as trade tensions ease?

Trump acknowledged that the existing 145% US tariff on Chinese imports is ‘too high’. Currently, the US and China are locked in a steep tariff battle. Bitcoin and Ethereum have shown strong performance during periods of dovish monetary p...

Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns fr...

Tether plans new US dollar stablecoin as reserves near $120 billion amid Washington lobbying

Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans...

Ethereum price prediction 2025–2030: ETH could reach $5,925 if upgrades succeed

Ethereum is the world’s second-largest cryptocurrency. Ethereum’s next major upgrade, Pectra, will go live on 7 May. Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) bytecode with RISC-V. Ethereum is back in the...

XRP ETF inflows could exceed $8.3 billion by 2026, says Standard Chartered

NAV benchmarks for BTC and ETH ETFs underpin the forecast. SEC’s final deadline for XRP ETF approval is 12 October. Polymarket data shows a 79% chance of approval by year-end. Anticipation over an XRP exchange-traded fund (ETF) is building in...

MOVE token plunges to all-time low after Coinbase delisting and market-making controversy

Coinbase has announced it will delist MOVE amid a $38M token dump controversy. MOVE price has hit a record low, down 84% from the December 2024 peak. Movevent Labs co-founder Rushi Manche has been suspended amid a governance and audit probe. The MO...

Japan’s Metaplanet issues $24.8 million in bonds to boost Bitcoin holdings past 5,000 BTC

The funds raised will be specifically allocated for further Bitcoin purchases. The bonds were sold in full to EVO FUND. The bonds offer investors the potential for early repayment if certain conditions are met. Tokyo-based Metaplanet is taking step...

ETF speculation around Dogecoin, XRP drives spike in investor optimism

Santiment’s social data indicates a marked shift in favor of both Dogecoin and XRP. Social commentary can play a crucial role in shaping trading strategies. For XRP, the mood remains overwhelmingly bullish. Investor optimism for Dogecoin (DOG...

Kraken Q1 revenue jumps to $472 million amid Trump-era crypto volatility

EBITDA for the quarter reached $187.4 million, a 17% increase. Trading volume rose 29% amid a 35% rally in Bitcoin prices. Launch of institutional FIX API boosted futures volumes by 250%. Kraken, one of the longest-operating cryptocurrency exchange...

PepeX presale raises $1.83 million as Solana memecoins rally

PepeX presale has raised over $1.83 million. Stage 6 tokens are priced at $0.0255, up from $0.02 at launch. Forecasts place PepeX at $0.30&-$0.50 by 2026 if momentum continues. PepeX, a new AI-powered meme coin launchpad on the Solana blockchai...

The miner’s paradox: why Trump’s era isn’t golden for US Bitcoin firms

Most major US public Bitcoin miners expected to report Q1 losses despite high BTC prices. US tariffs on imported mining rigs raised costs and created strategic uncertainty for miners. The April Bitcoin halving event further pressured revenue by cutt...

Bybit-FXStreet report sees gold hitting $4,000 by end-2025

Bybit and FXStreet have released a joint report forecasting that gold could rise to $4,000 per ounce by the end of 2025. The report comes on the heels of gold reaching an all-time high of around $3,500 per ounce. The report also points to silver as...

VIRTUAL token surges 183% in April amid rising institutional demand

Institutional interest drives the VIRTUAL rally. Chaikin Money Flow signals strong capital inflows. The price pattern shows a bullish formation. While most digital assets struggled to maintain direction in April, VIRTUAL emerged as one of the few c...

SUI and SEI rally as Bitcoin tops $96K, breakouts signal 2025 highs

The surge in the altcoins comes amid a broader rally triggered by Bitcoin’s new milestone. The daily chart for SUI reveals a bull flag pattern, often considered a continuation signal for uptrends. After dipping below $0.14 earlier this year, t...

21Shares seeks SEC approval for Spot Sui ETF in US market

The proposed ETF would provide direct exposure to SUI’s market price. The fund does not include a staking component, in contrast to similar applications from other issuers such as Canary Capital. The Sui ETF proposal adds to a wave of more...

Kuwait launches crackdown on crypto miners over power grid concerns

Kuwait has launched a crackdown on illegal crypto mining. The coordinated effort targeted residential properties suspected of being used as illegal crypto mining hubs. Some suspects have been released on bail of 500 Kuwaiti dinars. Kuwait has launc...

Crystal Intelligence acquires Scam Alert, aims to protect crypto users from fraud

Crystal buys Scam Alert to fight crypto scams. Uses AI to track fraud and help victims. Backed by Tether, Polygon, and Ethereum Foundation. As crypto fraud reaches alarming new heights, blockchain analytics firm Crystal Intelligence has taken a bol...

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