Author: Monicah W

DeepBook Protocol Price Prediction 2025, 2026 – 2030: Is DEEP a Good Investment?

Monicah W

Price Prediction DeepBook Protocol

The post DeepBook Protocol Price Prediction 2025, 2026 – 2030: Is DEEP a Good Investment? appeared first on Coinpedia Fintech News

Story Highlights

  • The DEEP price today is  $ 0.20285042.
  • The DeepBook Protocol price could shoot to a maximum of $0.44978 in 2025.
  • The DEEP token price is expected to reach a maximum of $ 3.41552 by 2030.

DeepBook, a decentralised central limit order book (CLOB) built on the Sui blockchain, has been revolutionizing on-chain trading. It is doing so by leveraging Sui’s parallel execution and low fees. It’s high-performance, low-latency trading entirely on-chain, make it a foundational liquidity layer for DeFi.

The network’s native token, DEEP, made significant buzz after rising an astonishing 3,096.28%. From its all-time low in mere 3 months. In this article, we explore the DEEP price prediction 2025, 2026-2030.

Table of Contents

Overview

Cryptocurrency DeepBook Protocol
Token DEEP
Price  $ 0.20285042 top gainer 63.27%
Market cap  $ 620,316,588.7524
Circulating Supply  3,058,000,000.00
Trading Volume   $ 903,464,213.5732
All-time high $0.3436 on 20th January, 2025
All-time low $0.01075 on 14th October, 2025

DeepBook Protocol (DEEP) Price Prediction 2025

With superior control for liquidity providers and deeper price execution than traditional AMMs, DeepBook stands out in the decentralized trading space. In an optimistic scenario, the DEEP price could chug up to a maximum of $0.44978. On the downside, though, a thwart by the bears could sink the price to $0.14993. That being said, a sideways trend could close the year’s trade at $0.29985.

Year Potential Low Potential Average Potential High
2025 $0.14993 $0.29985 $0.44978

Are you wondering about Sui’s long-term price prospects? Read our latest SUI (Sui) Price Prediction 2025, 2026-2030 NOW!

DeepBook (DEEP) Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 $0.22490 $0.44978 $0.67467
2027 $0.33735 $0.67467 $1.01201
2028 $0.50602 $1.01201 $1.51801
2029 $0.75902 $1.51801 $2.27701
2030 $1.13852 $2.27701 $3.41552

DeepBook Protocol Price Prediction 2026

The DEEP price prediction for 2026 could range between $0.22490 to $0.67467. Considering the buying and selling trends, the average price could be around $0.44978 for that year.

DEEP Price Prediction 2027

In the year 2027, the value of one DEEP token could reach a maximum trading value of $1.01201 with a possible low of $0.33735. Factoring in the market sentiments, the average price could settle at around $0.67467.

DEEP Token Price Forecast 2028

By the closure of 2028, the face value of 1 DeepBook Protocol coin could hit a maximum of $1.51801 with a potential low of $0.50602. With this, the average price could be around the $1.01201 mark.

DeepBook Protocol Price Analysis 2029

Coming to 2029, the DEEP coin price may range between a maximum of $2.27701 and a low of $0.75902, and a potential average value of around $1.51801.

DeepBook (DEEP) Price Prediction 2030

The DeepBook Protocol token’s price could reach a high of $3.41552 by the year 2030. However, this altcoin could post a low of $1.13852 and an average price of $2.27701 if the crypto market turns bearish.

Considering stacking more ETH tokens before the altseason begins? Read CoinPedia’s Mantra (OM) Price Prediction 2025, 2026 – 2030!

Market Analysis

Firm Name 2025 2026 2030
Coincodex $0.390676 $0.26616 $0.720129
Mudrex $0.40 $0.52 $1.60
MEXC $0.203413

*The aforementioned targets are the average targets set by the respective firms.

CoinPedia’s DeepBook Protocol (DEEP) Price Prediction

In the case of a bullish momentum, the DeepBook Protocol token’s price could reach a high of $0.44978 in 2025. Contrarily, if the bears weigh heavier, this could result in this altcoin plummeting toward its annual low of $0.14993.

Year Potential Low Potential Average Potential High
2025 $0.14993 $0.29985 $0.44978

Also, read Virtuals Protocol Price Prediction 2025, 2026 – 2030!

FAQs

What is the valuation of DeepBook?

The market capitalization of DeepBook is currently $610.18 million.

What is the price of DeepBook token?

The DEEP price at the time of press is $0.1999 with a change of +55.32% over the previous day.

What is DeepBook coin?

The DeepBook Protocol is a decentralised central limit order book (CLOB) built on the Sui blockchain, which offers high-performance and low-cost trading.

How high will DEEP crypto price go in 2025?

The price of the DEEP token is expected to shoot to a maximum of $0.45 by the end of 2025.

What will be the price of DEEP in 2030?

The price of 1 DEEP coin could range between $1.13852 and $3.41552.

The post DeepBook Protocol Price Prediction 2025, 2026 – 2030: Is DEEP a Good Investment? appeared first on Coinpedia Fintech News
Story Highlights The DEEP price today is . The DeepBook Protocol price could shoot to a maximum of $0.44978 in 2025. The DEEP token price is expected to reach a maximum of $ 3.41552 by 2030. DeepBook, a decentralised central limit order book (CLOB) built on the Sui blockchain, has been revolutionizing on-chain trading. It …

Trump Triggers Bitcoin Rally Again—How High Will BTC Price Go This Bull Run?

Monicah W

The post Trump Triggers Bitcoin Rally Again—How High Will BTC Price Go This Bull Run? appeared first on Coinpedia Fintech News

The weekly trade began with a huge bullish push, which uplifted the Bitcoin price above the horizontal consolidation. Meanwhile, the latest push suggests the market participants have become extremely bullish on Bitcoin, activating the target for the week at $100K. 

Why is the Bitcoin Price Rising? 

The Bitcoin bull run seems to have intensified as prices surged past $93,000 before the previous day’s close. Multiple reasons have triggered the rise, including the easing of the trade war between the US and China, Paul Atkins becoming the new SEC chair, and President Trump clarifying that Jerome Powell will remain the Fed Chair. These reasons could have triggered a strong upswing in the BTC price, due to which Bitcoin has now become the fifth-largest asset, surpassing Google. 

The Global M2 supply has hit a new ATH, and as BTC price closely follows the M2 supply, a new ATH seems to be on the horizon. The growing certainty has also increased the optimism among the institutions, as the Bitcoin ETFS recorded their largest daily inflow in the past 3 months yesterday. The crypto markets, specifically Bitcoin, decoupling with US stocks and catching up with Gold, could be the main reason behind the institutional accumulation. 

How High Can Bitcoin (BTC) Price Go?

The Bitcoin price has been maintaining a strong ascending trend regardless of the bearish influence on the token. The price has risen above a crucial resistance level, which has validated a flip from the bearish captivity. However, the technicals are yet to turn bullish, hinting towards a potential bull run on the cards. 

The price surged above $88,500, and a daily close above this level suggested the beginning of a fresh bull run. The MACD levels are about to undergo a bullish crossover while the CMF is trying for a bullish divergence and rise from 0. This suggests the money inflow is slowly growing, which could positively impact the BTC price in the coming days. 

The post Trump Triggers Bitcoin Rally Again—How High Will BTC Price Go This Bull Run? appeared first on Coinpedia Fintech News
The weekly trade began with a huge bullish push, which uplifted the Bitcoin price above the horizontal consolidation. Meanwhile, the latest push suggests the market participants have become extremely bullish on Bitcoin, activating the target for the week at $100K.  Why is the Bitcoin Price Rising?  The Bitcoin bull run seems to have intensified as …

XRP Futures Take Off on Coinbase, Hit $100M in Daily Volume

Monicah W

Coinbase XRP futures ETF

The post XRP Futures Take Off on Coinbase, Hit $100M in Daily Volume appeared first on Coinpedia Fintech News

Coinbase officially launched XRP futures contracts on its U.S. Derivatives Exchange on April 21. The XRP futures saw strong performance, with daily trading volume already surpassing 100 million USDC. The strong start shows the increasing demand and interest from both retail and institutional traders.

The futures include two types of contracts, Standard Contracts representing 10,000 XRP, aimed at large institutions and active traders, and retail-oriented “nano” contracts representing 500 XRP each, or approximately $1,000 as of April 21, for retail traders and smaller institutions, as per the filings.

Coinbase expanded its offering adding to its 20+ existing contracts on assets like Bitcoin, Ether, Dogecoin, and Solana. The launch also follows recent additions of CFTC-regulated Cardano and Natural Gas futures.

Major exchanges like Coinbase, Robinhood and CME have been expanding their crypto futures offerings to cater to the rising demands. Coinbase now lists derivatives for over 92 assets globally and around 24 in the US. Derivatives trading on the exchange soared over 10,000% last year. The exchange is also reportedly eyeing Deribit acquisition to expand its presence.

Oregon Files Lawsuit Against Coinbase

Just days before Coinbase launched XRP futures, the Oregon Attorney General filed a lawsuit against the exchange claiming that the 31 tokens including XRP, UNI, LINK, AAVE, and MKR, are unregistered securities sold on Coinbase.

Paul Grewal, Coinbase CLO also condemned Oregon’s Attorney General for filing the lawsuit and warned that this lawsuit could not just harm Coinbase, but the entire crypto industry. He claimed the lawsuit lacked credibility and was motivated by political and financial interests.

The post XRP Futures Take Off on Coinbase, Hit $100M in Daily Volume appeared first on Coinpedia Fintech News
Coinbase officially launched XRP futures contracts on its U.S. Derivatives Exchange on April 21. The XRP futures saw strong performance, with daily trading volume already surpassing 100 million USDC. The strong start shows the increasing demand and interest from both retail and institutional traders. The futures include two types of contracts, Standard Contracts representing 10,000 …

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3 SUI Ecosystem Tokens To Watch in the Forth Week of April 2025

Monicah W

The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin’s rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.

BeInCrypto has analyzed three such SUI ecosystem tokens to watch this week and their potential for further gains.

Walrus (WAL)

WAL has experienced a notable 22% increase over the last 24 hours, now trading at $0.504. This surge is a result of heightened market volatility throughout the month.

WAL is attempting to break through the $0.505 barrier for the second time this month. If successful, it could continue its bullish momentum.

If WAL manages to break and sustain above $0.505, it could push toward the $0.547 resistance level. However, for a continued rise, investor confidence and stable market conditions will be crucial. A sustained rise beyond $0.547 could propel the SUI ecosystem token toward $0.600, further supporting bullish sentiment for the token.

WAL Price Analysis.
WAL Price Analysis. Source: TradingView

However, if WAL fails to breach $0.505, it may fall back to $0.447. This would challenge the altcoin’s recent momentum and could potentially invalidate the bullish outlook. If the decline continues and the price slips below $0.447, WAL could drop further to $0.389, marking a significant setback.

DeepBook (DEEP)

DEEP has seen impressive growth, skyrocketing by 116% over the last 24 hours, now trading at $0.194. This surge makes DEEP the best-performing token in the SUI ecosystem. The altcoin is showing strong potential, targeting a break above $0.230 in the near future, suggesting a bullish outlook.

If DEEP successfully breaches $0.230, it would mark a two-and-a-half-month high, further solidifying its upward momentum. The altcoin could test $0.170 as support before pushing toward $0.304. This would indicate a sustained rally, with continued bullish sentiment and the potential to unlock further growth within the SUI ecosystem.

DEEP Price Analysis
DEEP Price Analysis. Source: TradingView

However, if market sentiment shifts and investors decide to take profits, DEEP could lose its support at $0.170. A drop below this level would open the door for a decline to $0.128. This would invalidate the current bullish thesis, potentially signaling the end of the rally and a substantial setback for the token.

Cetus Protocol (CETUS)

CETUS price surged by 38% over the past 24 hours, reaching a two-and-a-half-month high of $0.142. This substantial rise indicates strong momentum for the altcoin. At this point, CETUS aims to hold above $0.142, establishing it as a reliable support level for potential further gains.

The next major resistance level for CETUS is $0.150, a crucial barrier for the altcoin’s continued upward trajectory. Successfully breaking this resistance will solidify the SUI ecosystem token’s bullish outlook and help the token secure its recent gains. Positive market sentiment and sustained demand will play key roles in this potential breakout.

CETUS Price Analysis.
CETUS Price Analysis. Source: TradingView

However, if CETUS fails to maintain the $0.142 support level, the altcoin could face a decline toward $0.131. Further losses may push the price down to $0.120, invalidating the current bullish scenario.

The post 3 SUI Ecosystem Tokens To Watch in the Forth Week of April 2025 appeared first on BeInCrypto.

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Analyst Says To Temper Bitcoin Rally Hopes As Stablecoin Minting Indicator Lags

Monicah W

Bitcoin (BTC) price is trading with a bullish bias, confronting the resistance at $94,000 with prospects for more gains. However, a renowned analyst says to temper Bitcoin rally hopes, citing a crucial indicator.

For a sustained rally, capital needs to enter the market consistently, as this provides the liquidity needed for further upside.

Lagging Stablecoin Indicator Threatens Bitcoin’s $100,000 Target

The Bitcoin price outlook was bullish on Wednesday during the early hours of the Asian session. Bullish technical formations, including the falling wedge pattern, hinted at further upside for the pioneer crypto.

As of this writing, Bitcoin was trading for $93,714, with up to 9% of a 20% potential rally still in the cards. The falling wedge pattern’s target objective is the 20% climb, determined by measuring the longest height of the wedge and superimposing it at the breakout point.

This bullish reversal is already in action after Bitcoin price flipped the critical resistance at $85,000 into support and converted the support zone into a bullish breaker.

Bitcoin (BTC) Price Performance
Bitcoin (BTC) Price Performance. Source: TradingView

Based on the daily chart above for the BTC/USDT trading pair, a daily candlestick close above $91,575 could set the tone for Bitcoin’s price to move further upside.

Increased buying pressure beyond the immediate resistance at $94,000 could see Bitcoin price eye $100,000 next. BTC could extend to the $102,239 target objective in a highly bullish case.

Technical indicators align with this outlook. The Relative Strength Index (RSI) is rising, recording higher highs, suggesting growing momentum. Its position below 70 indicates there was still more room upward before BTC was overbought and at risk of correction.

Similarly, the Awesome Oscillator (AO) histograms flashed green, indicating bullish control. Their position above the midline (in positive territory) adds credence to the bullish thesis.

However, 10x Research’s head of research, Markus Thielen, urges caution, citing the lagging stablecoin minting indicator.

“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of the current Bitcoin rally,” Thielen wrote in the latest 10X research.

The stablecoin minting indicator refers to the issuance or creation of new stablecoins, such as Tether (USDT) or USD Coin (USDC). Stablecoin minting often signals capital entering the crypto market, and it can have several implications for Bitcoin’s price.

Among them are increased liquidity and confidence in the market as investors anticipate profitable opportunities. Both of these are signs of potential bullish pressure.

According to the analyst, the absence of strong stablecoin inflows “raises questions about follow-through.” Bitcoin’s rally to the $100,000 psychological level remains under threat.

Bitcoin vs Stablecoin Minting Indicator
Bitcoin vs Stablecoin Minting Indicator. Source: 10X research

It is worth noting that stablecoins are less significant as a leading indicator for Bitcoin’s price. Analysts cite other factors like institutional inflows via ETFs (exchange-traded funds) or Strategy (MSTR) purchases.

Nevertheless, if profit-taking commences, a candlestick close below the midline of the bullish breaker at $86,562 could reverse the trend. This could plunge Bitcoin back into consolidation below the crucial level of $85,000.

The post Analyst Says To Temper Bitcoin Rally Hopes As Stablecoin Minting Indicator Lags appeared first on BeInCrypto.

Trump Warns: “Perfect Time” for FED Rate Cuts — Will Jerome Powell Listen?

Monicah W

The post Trump Warns: “Perfect Time” for FED Rate Cuts — Will Jerome Powell Listen? appeared first on Coinpedia Fintech News

The debate surrounding FED rate cuts continues to swirl, as U.S. President Donald Trump clarified he has no intention of firing Federal Reserve Chair Jerome Powell — but made it clear he’s losing patience.

Speaking to reporters, Trump labeled it now the “perfect time” for the Fed to act. While he attempted to squash rumors about Powell’s dismissal, he didn’t hold back his criticism. “I’m not firing Powell,” Trump said, blaming the media for fueling speculation. Still, he added that the Federal Reserve should move faster in cutting interest rates, pointing to global central banks already easing their policies.

“He should act early or on time, not late.” — Trump on Powell

Markets Stay Steady as Trump Ramps Up Pressure

Despite Trump’s direct messaging, the markets stayed cool. Bitcoin surged past $90K, riding the optimism sparked not only by Trump’s comments but also by U.S. Treasury Secretary’s remarks labeling the trade war with China as “unsustainable.” Treasury yields saw only modest movement, with short-term rates edging up to 3.82% following weak demand at a bond auction. The U.S. dollar held steady, reflecting cautious investor optimism over easing trade tensions.

Analysts suggest that Trump’s public push may be more about managing expectations — and assigning blame — than any real threat to Powell’s leadership.

FED in Holding Pattern as Pressure Mounts

The Federal Reserve, meanwhile, remains cautious. While Powell’s job is safe for now, the central bank continues to assess the impact of Trump’s policies on trade, taxes, and immigration. With inflation stubbornly above the 2% target for the fourth year in a row, most Fed officials believe current interest rate levels are justified.

Still, economists warn that the ripple effects of tariffs could weigh on growth later this year — possibly forcing the Fed to revisit its stance.

“FED rate cuts may not be off the table — even if Powell resists political pressure for now.”With Wall Street bouncing back and Trump intensifying his calls for action, one thing is clear: The Trump vs. Powell rate debate isn’t going away anytime soon.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

The post Trump Warns: “Perfect Time” for FED Rate Cuts — Will Jerome Powell Listen? appeared first on Coinpedia Fintech News
The debate surrounding FED rate cuts continues to swirl, as U.S. President Donald Trump clarified he has no intention of firing Federal Reserve Chair Jerome Powell — but made it clear he’s losing patience. Speaking to reporters, Trump labeled it now the “perfect time” for the Fed to act. While he attempted to squash rumors …

Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet

Monicah W

The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News

Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime.

In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first learned about it that he could barely sleep. “I was afraid someone else would figure it out before me and buy it all,” he laughed.

Since then, Saylor has transformed into one of Bitcoin’s loudest and most influential advocates, rallying both Wall Street and retail investors alike. Some even argue that the reason institutional giants are finally paying attention to Bitcoin is because Saylor kept preaching about it — and people listened.

But with Bitcoin’s price steadily rising and major players like BlackRock, Fidelity, and other financial heavyweights stepping into the crypto arena, isn’t it getting harder for Saylor to keep adding to his stack? Not at all, according to him. In fact, he believes this is exactly how Bitcoin was designed to work.

“It gets exponentially harder to acquire Bitcoin over time — and that’s what makes it valuable and secure,” Saylor explained.

A Maturing Market Means Higher Prices, Less Risk

Saylor pointed out how the crypto industry has matured in recent years. Gone are the days of risky, overleveraged companies like FTX and Terra Luna steering the market. Now, established financial institutions with “permanent capital” are moving in, reducing volatility and making Bitcoin a more stable, long-term asset.

Bitcoin at $10 Million? Saylor Says He’ll Still Buy

Perhaps the boldest moment came when Saylor predicted Bitcoin’s price trajectory — claiming it could one day hit $10 million per coin. And no, he won’t stop buying when it does.

“I bought it at $10,000, I’ll buy it at $100,000, at a million, and at $10 million,” Saylor said confidently. “Because by then, the entire ecosystem will be less risky and it’ll still be a better bet than the S&P 500 or a warehouse in Siberia.”

He also shared his take on how mainstream adoption will look. According to Saylor, the day your bank offers to buy Bitcoin for you on your phone is the day a single Bitcoin will already cost a million dollars. And when banks start recommending it like a hot stock tip? That’s when Bitcoin’s price could be pushing $10 million.

The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News
Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime. In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first …

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Bitcoin Reclaims $93,000 After Trump Quells Fed Chair Jerome Powell Firing Talks

Monicah W

Bitcoin (BTC) reclaimed the $93,000 threshold during the early hours of the Asian session on Wednesday. The show of strength came after President Trump articulated his position about Federal Reserve (Fed) chair Jerome Powell’s replacement talks.

Over the past several months, the pioneer crypto has demonstrated increased correlation with broader economic and political issues. This suggests that macroeconomics is growing in influence on Bitcoin.

Trump Has No Intention To Fire Fed’s Powell

Barely a week ago, BeInCrypto reported that a Fed chair change was imminent. This was amid the economic strain caused by Trump’s Tariffs.

The report followed Treasury Secretary Scott Bessent’s announcement that the Trump administration was planning to interview candidates to replace Jerome Powell.

Reports of opposing views between Trump and Powell concerning interest rate cuts exacerbated the idea. On the one hand, Trump wants the Fed to cut interest rates to cushion Americans from the effects of the trade wars.

“The Fed would be much better off cutting rates as US Tariffs start to transition (ease!) their way into the economy. Do the right thing,” Trump wrote on Truth Social.

On the other hand, Powell insists on a cautious approach to monetary policy decisions, rejecting further interest rate cuts. The Fed also made significant downward revisions to its 2025 economic projections.

These opposing views fanned speculation that Jerome Powell’s job as Fed chair was at risk. In a recent development, however, Trump stated that he has no plans to fire Powell.

“I have no intention of firing him…I would like to see him be a little more active in terms of his idea to lower interest rates,” Reuters reported, citing Trump telling reporters in the Oval Office on Tuesday.

In the immediate aftermath, Bitcoin shattered past the $93,000 threshold. As of this writing, BTC was trading for $93,136, representing a surge of almost 6% in the last 24 hours.

Bitcoin (BTC) Price Performance
Bitcoin (BTC) Price Performance. Source: BeInCrypto

Notably, there are about 13 months left in Jerome Powell’s tenure as chair of the Federal Reserve.

Bitcoin Benefits From Eroded Trust in Government

BitMEX founder and former CEO Arthur Hayes commented on the swift reaction to this topic on the Bitcoin price chart.

“Trump says he wants to fire JAYPOW – dollar dips, BTC rips Trump says he has no intention of firing JAYPOW – dollar rips, BTC rips some more,” Hayes quipped.

This comment highlights market sensitivity to political uncertainty in 2025. In hindsight, the US Dollar Index (DXY) recently dropped to a 3-year low, fueled by President Trump’s push to oust the Fed chair.

In tandem, Bitcoin rallied as investors viewed it as a potential hedge against a weakening dollar and inflationary pressures.

As Trump’s stances cause market volatility, fluctuations in the dollar are bullish for Bitcoin, reflecting its appeal as a hedge against traditional financial (TradFi) instability.

BeInCrypto reported this status in a recent US Crypto News publication, citing Geoff Kendrick, the Head of Digital Asset Research at Standard Chartered.

According to Kendrick, Bitcoin is increasingly seen as a hedge against TradFi and US Treasuries risks.

“I think Bitcoin is a hedge against both TradFi and US Treasury risks. The threat to remove US Federal Reserve Chair Jerome Powell falls into Treasury risk—so the hedge is on,” Kendrick told BeInCrypto.

Meanwhile, Nate Geraci, the president of the ETF Store, says Bitcoin is benefiting from the erosion of trust in governments and politicians, which is pushing people towards alternatives.

“Bitcoin is one of the biggest winners from events over the past several weeks IMO, at least from a philosophical standpoint. Further erosion of trust in governments and politicians will push people towards alternatives. Not saying that is good or bad, but think logically,” Geraci remarked.

The post Bitcoin Reclaims $93,000 After Trump Quells Fed Chair Jerome Powell Firing Talks appeared first on BeInCrypto.

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Bitcoin ETF Inflows Hit 3-Day Streak: Smart Money or Bull Trap? | ETF News

Monicah W

Yesterday, Bitcoin exchange-traded funds (ETFs) saw significant inflows, marking the third consecutive day of net positive flows. 

With BTC now trading back above the $90,000 mark, signs point to renewed institutional interest, as major players appear to be piling back into the market after weeks of caution.

BTC ETF Inflows Jump 146% in a Day

On Wednesday, net inflows into US-based spot Bitcoin ETFs surged to $936.43 million, a 146% jump from the $381.40 million recorded the previous day. 

Total Bitcoin Spot ETF Net Inflow.
Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

This also represented the largest single-day inflow since January 17, signaling a notable resurgence in institutional demand for BTC exposure.

Ark Invest and 21Shares’ ETF ARKB led the inflow charge, recording the highest daily net inflow of $267.10 million, bringing its total cumulative net inflows to $2.87 billion.

Fidelity’s ETF FBTC followed with a net inflow of $253.82 million. The ETF’s total historical net inflows now stand at $11.62 billion.

BTC’s Price Pumps, But Derivatives Traders Bet on a Fall

On the derivatives side, open interest in BTC futures has also climbed, reflecting the increased trading activity and speculative positioning as the coin attempts to stabilize above $90,000. 

BTC trades at $93,548 at press time, noting a 6% price surge over the past day. During the same period, its futures open interest has also risen by 16%. As of this writing, it stands at $67.19 billion, its highest level since January 24. 

BTC Futures Open Interest
BTC Futures Open Interest. Source: Coinglass

When an asset’s price and open interest rise simultaneously, it signals strong conviction behind the move. It means more capital is entering the market to support the uptrend.

However, not all indicators point to bullish sentiment.

Despite BTC’s price surge over the past day,  the funding rate remains negative, suggesting that traders are paying a premium to short the coin in the futures markets. The coin’s funding rate is currently at -0.01%.

BTC Funding Rate.
BTC Funding Rate. Source: Coinglass

BTC’s negative funding rate means that shorts are paying longs to keep their positions open. This indicates that more traders are betting against BTC’s current rally and are anticipating a bearish reversal. 

Additionally, the put-to-call ratio leans bearish. This confirms waning investor confidence and expectations of downward price movement among BTC options traders.

Bitcoin Options Open Interest.
Bitcoin Options Open Interest. Source: Deribit

With BTC hovering above a key psychological level and institutional inflows rising, the coming days could reveal whether this momentum holds.

The post Bitcoin ETF Inflows Hit 3-Day Streak: Smart Money or Bull Trap? | ETF News appeared first on BeInCrypto.

Analyst Predicts Pepe Coin Price Breakout If It Soars Past This Level

Monicah W

Analyst Predicts Pepe Coin Price Breakout If It Soars Past This Level

A renowned crypto market analyst has predicted that Pepe Coin price is gearing up for a huge rally this Wednesday, April 23. Analyst James Wynn has forecasted that the frog-themed meme coin is eyeing a bullish breakout shortly ahead, given it clears short-term resistance at $0.00001 and thus $0.00001050.

The upshot? Crypto market traders and investors are left abuzz with this bold prediction amid a broader market pump as of early Asian hours on Wednesday. One PEPE token’s price costed around $0.000009 at the time of reporting, with its value up nearly 15% intraday.

Analyst Forecasts Bull Run For Pepe Coin Price; Here’s Why

Analyst James Wynn posted on X recently, highlighting vital TA updates for Pepe Coin price. As per the analyst, the meme coin is currently facing short-term resistance at around $0.000010000, which is also acting as a psychological resistance.

Given that the meme token breaks this resistance, another ‘take profit’ zone is to occur at the $0.00001050 price level. At this point, the meme coin’s price chart is primed to witness a cup formation as short-term traders take profit and mild panic briefly drags the price.

However, the analyst stresses that “We’ll then rally back fast to key resistance point 0.00001050, piercing through it and then come back down for a retest at that level to confirm the breakout.” For context, Wynn suggested that after a successful breakout above 0.00001050, PEPE price will pull back and retest this level, marking it as its new support.

Once this scenario is in motion, FOMO is bound to kick in among traders and investors, which could drive further upward momentum in price. For context, this pattern formation is called the ‘Cup and handle’ pattern and is usually considered bullish by traders.

PEPE Coin Price
Source: James Wynn, X

Altogether, the analyst’s bold price prediction has kept investors optimistic, whilst the meme coin’s recent price action adds to this optimism. As mentioned above, Pepe Coin’s price is already up 15% intraday and 30% over the week, closing in at $0.000009086. It soared from a bottom of $0.000007841 in the past 24 hours.

A recent PEPE price analysis by CoinGape Media also poured additional optimism surrounding the meme coin’s price, revealing the timeline for a potential 7,220% surge. Notably, this bullish projection rides the back of Ethereum’s legendary performance, as ETH price today topped $1,800 amid broader bullish trends.

The post Analyst Predicts Pepe Coin Price Breakout If It Soars Past This Level appeared first on CoinGape.