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Crypto market has staged a strong upside today with Bitcoin (BTC) price shooting 4% to $109,500 levels, and preparing for new all-time highs and price discovery soon. Latest data shows that BTC has been closely following the M2 Money supply, and its next stop could be to $125,000. Altcoins, too, have joined the party as
The post Crypto Market Rally: Bitcoin and Altcoins Follow Global M2 Before US CPI appeared first on CoinGape.
Crypto whales are making quiet moves in Ethereum (ETH) and Optimism (OP), while accumulation remains stagnant—or even negative—across most other major coins. Between April 4 and 6, both ETH and OP saw a notable increase in large wallet holders despite a harsh market correction.
This behavior often signals early confidence from institutional players, hinting at potential reversals ahead. With ETH nearing $1,400 and OP trading at three-year lows, the next few days could be pivotal if whale accumulation translates into renewed bullish momentum.
Between April 5 and April 6, crypto whales accumulated ETH. The number of Ethereum whale wallets—those holding between 1,000 and 10,000 ETH—increased from 5,340 to 5,388, signaling a quiet accumulation phase during the broader market correction.
Tracking these large holders is crucial, as their behavior often precedes major market moves; when whales accumulate, it can indicate growing confidence in the asset’s long-term value and hint at a potential trend reversal.
If Ethereum’s current downtrend continues, ETH price could break below $1,400 for the first time since January 2023, opening the door to deeper losses.
However, the recent uptick in whale activity suggests some optimism beneath the surface. If momentum shifts and ETH manages to reclaim $1,748, it could rise further toward $1,938 and, with a strong enough rally, even retest the $2,000 mark—restoring a key psychological and technical level for bulls.
The number of Optimism whale wallets—holding between 10,000 and 1,000,000 OP—rose from 4,138 on April 4 to 4,151 on April 6, suggesting that large holders are accumulating despite the ongoing market correction.
This increase in whale activity may indicate long-term confidence in the project, even as the broader market faces heavy selling pressure.
In periods of uncertainty like now, such accumulation can be an early sign of a potential price reversal, as institutional or high-net-worth investors often act ahead of retail sentiment.
Currently trading near its lowest levels in nearly three years, OP is under significant downward pressure. If the correction persists, the token could break below the $0.50 support level.
However, if the recent whale accumulation reflects a shift in momentum, OP could rebound to test resistance at $0.65.
A breakout from that level may open the path toward $0.77 and, in a stronger recovery, even retest $0.84.
The post What Crypto Whales Are Buying After the Black Monday Crash appeared first on BeInCrypto.
XRP price is under selling pressure from whales after these large addresses reduced their holdings by more than 230M XRP within 48 hours. This sale comes after President Donald Trump revealed that the US government will not buy any coins that will be part of the digital assets stockpile. As the market sentiment toward Ripple shifts, with the XRP price crash below $2?
XRP price today trades at $2.50 after a slight 1.5% decline in 24 hours.
Data from Santiment shows that in the past 24 hours, Ripple whales holding between 10M and 100M XRP have sold more than 230M tokens worth approximately $575 million. After the recent sale, these XRP whales now hold the least amount of tokens in over a week.
The whale selling coincides with President Trump’s changes to the US crypto reserve, triggering a drop in XRP price and the crypto market today. President Trump has revealed that the US government will not buy Ripple or any assets for its digital assets stockpile. According to the White House,
“The government will not acquire additional assets for the U.S. Digital Asset Stockpile beyond those obtained through forfeiture proceedings.”
According to Bitcoin advocate Samson Mow, Trump is hesitant to buy XRP because of a lack of clear guidelines. Mow was among those who opposed XRP’s inclusion in the reserve.
“There was just no way to create guidelines which can allow the inclusion of XRP without including [random memecoin] and the optics of buying these things to enrich individuals and companies would be horrific.”
Mow further noted that the attendance of Ripple CEO at the White House crypto summit was only as a lobbyist and would not influence Trump’s decision for the reserve.
XRP price is under bearish pressure after a descending triangle pattern emerged on the daily chart. This pattern shows that sellers have been pushing the price down amid weak demand from buyers, which may push the price below $2.
Ripple price bounced from the critical support level of $2.14 as traders bought XRP earlier this week after news of the crypto strategic reserve. However, the token is now facing strong resistance at the upper trendline, with a breakout only set to occur if Ripple can break out above $2.60.
XRP price could make a strong breakout from the upper trendline due to weakening sell-side activity as seen with the rising MACD line. The RSI has also moved above 50 again, indicating that buyers are gaining strength.
As the US crypto summit happens today, XRP price could likely face volatility. Garlinghouse’s presence at the summit could boost some gains, but if the market has already priced this in, it could lead to minimal gains or even cause a selloff.
The post Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple – Will Price Crash Below $2? appeared first on CoinGape.
Raydium’s Smart Move:- The race to tap on the potential of memecoins is outdated. Now, web3 projects are racing to build and scale meme launchpads, the platforms that allow users to create and launch their own memecoin.
The centre of this fierce race have become the two leading competitors – Raydium and PumpFun. Both have launched and upgraded their memecoin lauchpads respectively in the last month.
Now, in another major stride by Raydium, it has collaborated with the leading meme project, BONK. Solana DEX Raydium and BONK have come together to launch their new memecoin lauchpad platform, LetsBonk.Fun. As the meme launchpad, LetsBonk allows users to create and launch their memecoins.
Before discussing the new platform, it is important to note that this launch marks a significant evolution in the market trend. Earlier, there was a race to launch mass memecoins and now the focus has shifted to the launchpads that create them.
The new Bonk platform, LetsBonk, allows users to launch their own memecoin on Solana without coding. Users can simply connect a Solana wallet, fill in token details such as name, symbol, supply as per their choice. Users are then required to customize settings like liquidity and taxes, and pay a small fee in BONK.
Tokens can then immediately integrate with Raydium’s LaunchLab for liquidity and trading. The platform also offers features like liquidity locking to build investor trust.
We’re proud to partner with @RaydiumProtocol’s new LaunchLab contract—so you get instant access to Raydium pools and bot integrations from day one.https://t.co/YRGAhlNDki users are also eligible for the LaunchLab Prize Pool with 50k $RAY already up for grabs.
— Letsbonk.Fun (@bonk_fun) April 25, 2025
Interestingly, a portion of the platform fees will be used to support BONK buybacks and Solana network security. Letsbonk.Fun aims to democratize token creation while promoting transparency and sustainability within the Solana ecosystem.
Since its launch, Letsbonk.Fun has witnessed significant engagement. Within the first 24 hours, the platform has attracted approximately 800,000 visitors and facilitated the creation of over 2,700 tokens.
Among these, more than 70 have been successfully launched.
Notably, the platform’s namesake token, LetsBONK, achieved a market cap of more than $30 million within just six hours of its debut.
Also Read: BTC Price Today!
The close integration of LetsBonk with Raydium has lead users raising certain questions. Few view this as a “smart play” by Ray to promote its own platform. Due to similarities in UI of both the platforms, few are calling the new launchpad nothing but Launchlabs.
A user on X highlighted the same program ID for creating tokens on both LetsBonk and Raydium’s LaunchLabs. Another highlighted that only changing the colour won’t bring up a new platform.
However, few analysts are hinting at a bigger strategy by Raydium to beat the monopoly of PumpFun in memecoin creator segment. They argue that launch of LetsBonk with the help of Raydium signifies that it is helping other projects to build their own launchpads via Launchlabs.
This strategy indirectly supports asset issuance, a core strength that drove Raydium’s success. Unlike AMM, this business moat is less prone to commoditization, offering a more sustainable competitive edge,” said an analyst.
In this way, it is indirectly competing with PumpFun. Notably, on April 26, Raydium’s LaunchLab had its biggest day with over 4k tokens launched within 24 hours of LetsBonk launch.
More than half of these tokens were from Bonk‘s new launchpad (letsbonkdotfun) that is built on top of Raydium Protocol‘s LaunchLab. There was total of $25m in trading volume on Day 1 of its launch.
Thus, one thing can be concluded: For BONK and users, the LaunchLab–built platform can be just another place to debut a memecoin. But for Raydium, it’s a strategic move that will affirm its place in market and drive new user engagement.
Also Check: Ethereum Price Today!
The post PumpFun Competitor Raydium Launches Another Meme Coin Launchpad With Bonk – Whats Happening appeared first on CoinGape.
