After dropping due to Donald Trump’s tariff plans, which caused an intense market sell-off, Bitcoin is making a strong comeback. It’s now approaching $100,000, its highest level since late February. But fears of a recession could slow down this momentum unless the U.S. and China start talking about tariffs soon. Additionally, the mixed on-chain signals might increase volatility for the $100K level.
Bitcoin’s On-chain Metrics Create Mixed Sentiment
How the tariff talks go could play a big role in whether the economy heads into a recession and in where Bitcoin’s price goes next. Many experts are hoping that trade discussions in May will help calm economic worries. Still, Bitcoin might keep rising even if a recession hits. In the past 24 hours, around $34 million in Bitcoin trades were closed out. Buyers ended $8.5 million in positions, while sellers had to close $25.4 million in bets against Bitcoin.
Bitcoin is getting close to retesting the $100K mark as investor confidence grows. In the last two weeks of April, large investors bought around $4 billion worth of Bitcoin. At the same time, spot Bitcoin and Ethereum ETFs saw strong inflows, with over $3.2 billion entering the market last week. BlackRock’s Bitcoin ETF alone brought in nearly $1.5 billion, its biggest weekly gain this year.
Additionally, Bitcoin’s netflow is currently negative by $39.79 million, meaning more Bitcoin is being moved out of exchanges than into them. This suggests that more investors are choosing to store their Bitcoin in private wallets instead of keeping it on exchanges. It’s a sign that people are holding onto their coins, which can reduce selling pressure and support Bitcoin’s recovery.
However, Bitcoin risks a “notable increase” in selling pressure around $100K. Glassnode warns that if Bitcoin’s price keeps rising, long-term holders might start selling. Their profits are now close to 350%, a level where they’ve typically sold in the past. If Bitcoin crosses $100K, it could trigger a wave of selling from these older investors.
What’s Next for BTC Price?
Buyers are breaking through Fib levels and they continue to hold the price above EMA trend lines. Bears are now defending any further surges above $98K as BTC faced a rejection recently. As of writing, BTC price trades at $97,182, surging over 0.7% in the last 24 hours.
The rising 20-day moving average at $96,892 and a strong RSI suggest Bitcoin still has room to move higher. If it breaks above $99,500, the price could quickly jump to the key $100,000 level. Sellers will likely put up a strong fight there, but if buyers succeed, Bitcoin might climb to around $103,000.
On the flip side, sellers may try to drag the price back to the 20-day moving average, which is an important support level. If Bitcoin bounces there, the uptrend stays strong. But if it drops below, it could fall further toward the 50-day average at $92.8K.
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world.
With a unique blend of humor and ambition, Codename:Pepe aims to outshine its competitors by using artificial intelligence for smarter trading. The presale success suggests growing support, and investors may find it challenging to ignore this opportunity. In a market where some coins lag, this project seeks to redefine success with skyrocketing potential.
Codename:Pepe Unleashes True Intelligence for Maximum Profits
The crypto underworld is infested with fake AI agents—shady operators promising “next-gen intelligence” while barely outsmarting a toaster. This nonsense ends today.
Codename:Pepe has come to denounce fake AI agents. This ultimate undercover agent does not pretend, it is actually doing something useful: helping you make money in the chaotic meme coin jungle. Codename:Pepe is on a mission of mass hilarity (and, naturally, ridiculous gains).
Classified Intel: The True Identity of Codename:Pepe
Keep this under wraps: Codename:Pepe is a Pepe in disguise. Modeled after the legendary PEPE coin, which skyrocketed nearly 22,000%, this covert operative has the same ambition. Will it succeed? That depends on its community.
Unlike VC-backed rug pulls, Codename:Pepe is powered by the people. The bigger the support, the higher it moonwalks. That’s why it has chosen the community-driven presale strategy with a smart plan:
Entry Price at Stage One: $0.003333333 (because three is a lucky number)
Final Stage Price: $0.151515152 (because round numbers are boring)
Codename:Pepe plans to use the power of artificial intelligence to hunt down the juiciest meme coins, predict market trends, and deliver exclusive AI-powered trading signals before the FOMO kicks in.
Beyond smart analysis, this genius agent will also trade for you with its fully automated AI-trader, turning those signals into sweet gains.
Every great agent needs an elite organization backing them. That’s where $AGNT comes in. Holding $AGNT unlocks membership in a top-secret DAO, where operatives (investors) gain access to classified strategies, insider analytics, and the ability to vote on high-stakes missions. Holding $AGNT will unlock:
Membership in a top-secret DAO
Access to classified strategies
Insider analytics
Ability to vote on high-stakes missions
Profits from the mutual DAO fund will be allocated to those who stake their $AGNT, ensuring the spoils of the trade go to the most loyal agents.
Top-Secret Tokenomics (No Funny Business)
This is a community-first operation, so 25% the total token supply is allocated for staking and rewards.
Codename:Pepe isn’t just throwing tokens around like confetti. The supply is capped at 5 billion, ensuring no surprise inflation bombs.
Further breaking down the tokemonics, only 20% of the supply is allocated for the presale. The offer at a discounted price is limited.
Final Orders: Deploy Capital & Secure Your $AGNT Now
This is your shot to join crypto’s most ridiculous yet lucrative mission. The best entries go to the fastest trigger fingers. Don’t be the guy who “wished he got in early.”
The mission is set. The presale is live. Are you in, or will you let the AI fakes win?
Dogecoin is a digital currency that operates on a peer-to-peer network. Launched in December 2013 by engineers Billy Markus and Jackson Palmer, it features a Shiba Inu dog as its logo. It was created as a fun and approachable alternative to Bitcoin. The currency is based on LuckyCoin, a derivative of Litecoin, using a Scrypt algorithm for mining. Unlike Bitcoin, Dogecoin has an unlimited supply, allowing more coins to be produced over time. Its transactions are processed quicker due to a shorter block time.
Dogecoin gained attention through endorsements from public figures like Elon Musk. It also became known for its participation in charitable activities, including sponsoring an Olympic team and funding African water projects.
In 2021, Dogecoin reached a significant price peak driven by online hype but has since seen a reduction in value. Known for its volatility, Dogecoin continues to have a dedicated following and is a recognized name in the cryptocurrency market. While facing competition from coins like Litecoin and Shiba Inu, Dogecoin’s community-driven growth and unique origin maintain its presence in the crypto space.
Shiba Inu: A Meme Coin Gainging Prominence
Shiba Inu, also known as SHIB, is a digital currency launched in 2020. It started as a meme coin, aiming to follow the success of Dogecoin. The token quickly gained attention from influencers like Vitalik Buterin and Elon Musk.
Built on the Ethereum blockchain using the ERC-20 token standard, it was initially intended for transactions and investments. As its popularity grew, the creators expanded its use case by launching a decentralized exchange and an NFT project. These initiatives helped SHIB stand out from other meme coins by offering more practical applications.
In recent years, SHIB has maintained stability around the $0.00001 to $0.00002 price range. This follows its peak in October 2021 when it reached $0.00008845. Though it has seen a notable decrease since, the ecosystem surrounding SHIB continues to expand with projects like a metaverse, games, and merchandise. While the token has the infrastructure to support growth, an external factor, such as a new crypto market surge, might be needed for a significant price increase. The potential for SHIB to regain its peak relies on future market behaviour and its ongoing ability to innovate and engage users.
Conclusion
While established meme coins like DOGE and SHIB show signs of slowing down in the short term, Codename:Pepe is making a significant impact by integrating advanced intelligence for maximizing profits. Its rapid $1M presale reflects a strong community interest in innovative solutions that go beyond the hype.
By leveraging AI to navigate the complexities of the crypto market, Codename:Pepe offers a fresh approach that sets it apart from its predecessors. As the market enters a bullish phase, this project positions itself as a promising contender for those seeking substantial gains through intelligent investment strategies.
The post Codename:Pepe (AGNT) Hits $1M Presale in Record Time—The Next 10,000% Moonshot While DOGE & SHIB Stagnate? appeared first on Coinpedia Fintech News
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world. …
Ethereum’s recently introduced smart wallet feature, EIP-7702, is under scrutiny after blockchain security researchers uncovered cybercriminals’ misuse of it. Following the Pectra upgrade, several wallet providers have begun integrating EIP-7702 features.
Analysts at Wintermute, a crypto trading firm, noted that attackers used 97% of EIP-7702 wallet delegations to deploy contracts designed to drain funds from unsuspecting users.
Hackers Use Ethereum’s EIP-7702 to Automate Mass Wallet Drainings
EIP-7702 temporarily allows externally owned accounts (EOAs) to operate as smart contract wallets. The upgrade enables features like transaction batching, spending limits, passkey integration, and wallet recovery—all without changing wallet addresses.
Instead of moving ETH manually from each compromised wallet, attackers now authorize contracts that automatically forward any received ETH to their own addresses.
“No doubt attackers are one of the early adopters of new capabilities. 7702 was never meant to be a silver bullet and it does have great use cases,” Rahul Rumalla, Chief Product Officer at Safe, said.
Wintermute’s analysis shows that most of these wallet delegations point to identical codebases designed to “sweep” ETH from compromised wallets.
These sweepers automatically transfer any incoming funds to attacker-controlled addresses. Out of nearly 190,000 delegated contracts examined, more than 105,000 were linked to illicit activity.
Koffi, a senior data analyst at Base Network, explained that over a million wallets interacted with suspicious contracts last weekend.
He clarified that attackers didn’t use EIP-7702 to hack the wallets but to streamline theft from wallets with already exposed private keys
In case it wasn’t clear:
These wallets were not hacked using 7702. The hacker obtained the private keys without doing anything related to 7702.
And, since they have the keys, they could transfer money out of these wallets by making regular transactions from each one.…
The analyst furthered that one standout implementation includes a receive function that triggers ETH transfers the moment funds land in the wallet, eliminating the need for manual withdrawal.
“The new mechanism EIP-7702 is used most by coin stealing groups (not phishing groups) to automatically transfer funds from wallet addresses with leaked private keys/mnemonics,” he stated.
Despite the scale of the operation, there are no confirmed profits so far.
A researcher at Wintermute noted that attackers have spent about 2.88 ETH authorizing over 79,000 addresses. One address alone executed nearly 52,000 authorizations, yet the target address has not received any funds.
JPMorgan Chase is reportedly considering offering loans backed by bitcoin and ethereum holdings, potentially marking a first among major US banks.
This move comes as regulators clarify that banks may offer digital asset services if they meet strict compliance standards.
JPMorgan’s Potential Crypto Lending Initiative in Focus
According to The Financial Times, JPMorgan is exploring loans secured by clients’ crypto assets. Although the plan is in early stages, industry experts call it a significant development.
JPMorgan may launch these crypto‑backed loans as soon as next year, the report said.
If it moves forward, customers could use Bitcoin, Ethereum, or similar assets as collateral for loans. While discussions are ongoing, no launch date or official confirmation appears on JPMorgan’s website.
This step could reshape how digital assets interact with traditional banking. Fintech startups already offer crypto-backed loans, but when trusted names like JPMorgan explore the space, mainstream acceptance may accelerate. Interest in crypto custody and lending is growing among large institutions.
JPMorgan’s crypto involvement reflects a broader industry trend as US banks adapt to clearer rules. Now, traditional institutions are pursuing services once limited to crypto-native firms.
Regulatory Shifts Open the Door for Banks
The ability for banks to provide crypto-collateralized loans depends on regulatory guidelines. In April 2025, the Federal Reserve revised its approach, removing major barriers for national banks.
The Federal Reserve’s announcement confirms that prior requirements for explicit approval of crypto activity were dropped. As a result, banks may now offer crypto services as long as they uphold safety and compliance.
Similarly, the Office of the Comptroller of the Currency (OCC) affirmed in March 2025 that national banks may handle crypto custody and related activities. The OCC noted that these ventures, including crypto-collateralized lending, are permitted only with strict risk controls and routine regulatory oversight.
No explicit restrictions for crypto-backed loans exist today, but each bank must notify regulators and demonstrate strong risk management. This new flexibility allows well-funded institutions to pilot digital asset services.
Mainstream banks now hold advantages over newer crypto lenders. With established custody operations and rigorous compliance standards, they may offer lower rates or greater safety to clients seeking crypto-backed loans.
