Market Shrugs Off Trump Tariffs With $2 Billion Crypto Inflows

Crypto inflows extended their streak of positive flows last week, with total inflows over the past three weeks reaching $5.5 billion.

It comes amid growing optimism in the market, with macroeconomic data adding to the list of tailwinds for the pioneer crypto.

Crypto Inflows Reached $2 Billion Last Week

The latest CoinShares report indicates that crypto inflows reached $2 billion last week, marking the third consecutive stream of positive flows.

The week prior, crypto inflows reached $3.4 billion as investors turned to digital assets for their haven status.  Before that, inflows into digital asset investment products were $146 million, where XRP bucked the trend.

Last week, however, Bitcoin was the prime beneficiary, recording up to $1.8 billion in inflows. Similarly, Ethereum saw the second week of solid inflows reaching $149 million. Meanwhile, peers such as Solana saw minor inflows of $6 million.

Crypto inflows last week
Crypto inflows last week. Source: CoinShares Report

CoinShares cites optimism in the market despite Trump’s tariffs, ascribing the bullish sentiment to positive US economic indicators last week.

Specifically, markets closed the week optimistically, driven by strong employment data despite earlier weak GDP figures. Headline GDP fell 0.3%, impacted by export declines due to US tariffs. However, core GDP, reflecting private sector strength, rose 3.0%.

In part, CoinShares’ researcher James Butterfill ascribes this to businesses preempting tariffs. Futures markets now expect 86 basis points (bps) of rate cuts in 2025, though strong payrolls (177k vs. 135k expected) and elevated core PCE inflation reduce the likelihood of an FOMC rate cut on Wednesday.

“We believe the current data is likely insufficient to prompt the Federal Open Market Committee (FOMC) to cut rates at next Wednesday’s meeting,” wrote Butterfill.

Services inflation shows weakness, suggesting cautious consumer behavior. Equities and Bitcoin remain sensitive to tariff developments, with employers delaying job cuts.

Against these backdrops, digital asset investment products continue to register positive sentiment, with Bitcoin’s momentum looking positive, particularly in the US.

“Our latest Digital Asset Manager Fund Survey reflects this evolving sentiment: investor preference for Bitcoin has strengthened post-U.S. election, with 63% of respondents now holding it—a 15 percentage point increase since January. Digital asset weightings have risen to 1.8%, the highest level in a year, driven by both price appreciation and improving sentiment. Institutional allocations have climbed to an average of 2.5%,” Butterfill explained.

Yet, despite Bitcoin’s improving sentiment, CoinShares highlights that both new and seasoned investors continue to cite volatility as their top concern.

According to Butterfill, this highlights a persistent disconnect between perceived risk and actual market behavior.

Bitcoin Price Performance
Bitcoin Price Performance. Source: BeInCrypto

BeInCrypto data shows BTC was trading for $93,997 as of this writing. It was down by almost 2% in the last 24 hours, having slipped below the $94,000 range on Monday.

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BTC Price Outlook: Veteran Analyst Tom DeMark Issues U.S Bear Market Signal, Is Bitcoin’s $2 Trillion Valuation at Risk?

Bitcoin Price Hints Breakout As US Recession Odds Hits New Highs

Bitcoin price briefly crossed $98,200 on Friday before slipping into a two-day pullback, reflecting lower weekend liquidity and growing macro caution.

Bitcoin Stalls Below $98K, Amid Lean Weekend Volumes

Bitcoin slid 0.7% on Sunday, May 4, falling below $96,000 for the first time since midweek. The drop marks a second consecutive day of losses, following a strong institutional-led rally that pushed BTC to a 70-day high of $98,200 on Friday, per Coingecko data.

Despite reclaiming a $2 trillion market capitalization briefly, Bitcoin’s bullish momentum has stalled, coinciding with soft weekend volumes and renewed macro uncertainty.

Bitcoin (BTC) price action, Sunday, May 4, 2025 | Source: Coingecko
Bitcoin (BTC) price action, Sunday, May 4, 2025 | Source: Coingecko

On a weekly basis, Bitcoin is still up 4.5%, while 30-day performance remains strong at 12.8%, supported by ETF inflows and renewed accumulation from U.S. corporate treasuries.

However, resistance around the $98,000 level has proven tough to break, especially in the absence of clear macro tailwinds.

At the same time, Ethereum’s inability to hold above $1,900 and declining futures trading volume across top exchanges like Binance and CME further confirm the cautious short-term sentiment over the weekend.

DeMark Warns: Bear Market in U.S. Stocks Could Be Imminent

Tom DeMark, creator of the TD Sequential indicator and a trusted technical advisor to major hedge funds, has issued a fresh warning: a U.S. stock market top is imminent and could give way to a full-blown bear market within months.

DeMark, who accurately predicted the February top and April low in the S&P 500, says the index is showing clear signs of exhaustion.

S&P 500 Technical Analysis | DeMark/Market WIT
S&P 500 Technical Analysis | DeMark/Market WIT

His analysis highlights that two more closing highs in the S&P 500 would complete a 9-count exhaustion cycle, a historically reliable signal for trend reversals.

Once this occurs, DeMark expects a retracement below 4,835 the intraday low from Aprilrepresenting a 20%+ drop from February’s highs.

“A top is imminent. Too much technical damage has been done,” DeMark said,

He also, added that the market remains vulnerable to improvement in global trade outlook or liquidity conditions.

What’s Next: Will DeMark’s Prediction Derail Bitcoin’s $100K Target?

Bitcoin price correlation to traditional markets, especially the S&P 500, has become increasingly relevant in the current macro environment.

On February 19, when China imposed retaliatory tariffs and global markets dipped, Bitcoin’s correlation to the S&P 500 fell to a yearly low of 0.27%. At the time, BTC acted as a partial hedge, decoupling from equities.

Bitcoin vs S&P 500 Price Correlation 
Bitcoin vs S&P 500 Price Correlation

However, President Donald Trump’s softening stance on tariffs and aggressiv push for rate cuts, have boosted broader market sentiment in recent weeks.

As a result, the BTC/S&P 500 correlation has surged, reaching 0.82% at press time.

This implies that Bitcoin may now respond more directly to U.S. equity moves than earlier this year.

If the market correction predicted by DeMark is driven by geopolitical tensions or inflationary trade tariffs, Bitcoin could attract safe-haven flows and maintain upward momentum.

Historical data shows BTC often benefits from global instability and monetary easing.

On the other hand, if the S&P 500’s decline stems from systemic risk such as a recession, financial contagion, or an energy shock.

Bitcoin may not be spared. In such scenarios, investors typically flee risk assets broadly, and BTC could experience significant drawdowns.

Conclusion: Bitcoin’s $100K Outlook Hinges on Crash Catalyst

Bitcoin’s $100K target and sustained $2 trillion market cap remain within reach, but macro risks are now front and center.

Whether Tom DeMark’s bear market call derails the BTC rally will largely depend on what drives the next wave of equity losses.

If it’s policy or trade-related, Bitcoin may rally as a hedge. But if the downturn it triggered by deep economic stress, recession or energy crisis,  Bitcoin price could fall with the pack, as Demark predicts

The post BTC Price Outlook: Veteran Analyst Tom DeMark Issues U.S Bear Market Signal, Is Bitcoin’s $2 Trillion Valuation at Risk? appeared first on CoinGape.

Ethereum Price Outperforms BTC as Blockstream CEO, Adam Back Reacts to Vitalik’s Latest Proposal

Vitalik Buterin Reveals Plans to Revamp Ethereum; Will It Boost ETH Price?

Ethereum price continued to consolidate above $1,820 over the weekend, outperforming BTC over the 14-day timeframe.

Ethereum (ETH) Consolidates as Vitalik Shares Fresh Proposal

Ethereum held steady above $1,820 across the weekend, registering relative strength compared to Bitcoin, which slid below $96,000.

According to CoinGecko, ETH price posted a 14-day gain of 15.7% while Bitcoin price rally was subdued at 12% over the same period. Daily trading volumes for ETH remained elevated above $7 billion, reflecting robust market participation.

Ethereum price action (ETHUSD) May 4, 2025 | Coingecko
Ethereum price action (ETHUSD) May 4, 2025 | Coingecko

Investor sentiment appears bolstered by Vitalik Buterin’s latest technical commentary. The Ethereum founder posted on May 3 about the importance of protocol simplicity, stating, “One of the best things about Bitcoin is how simple it is… let’s bring those benefits to Ethereum.”

His suggestion alluded to streamlining Ethereum’s design, a move that may aim to address criticisms around execution layer complexity, state management, and overall maintainability.

While short on specifics, the proposal hints at a philosophical shift — one that favors reduced protocol surface area and improved auditability over maximal flexibility.

This comes amid a broader industry push for modularity, security, and composability. Ethereum’s resilience over the weekend and its outperformance signal that Buterin’s remarks may have struck a positive tone with short-term traders.

Bitcoin Maxis Mock Vitalik’s Latest Network Update

Buterin’s remarks triggered swift criticism from prominent Bitcoin maximalists. Alistair Milne quipped that Bitcoiners have been urging Vitalik to embrace simplicity “for a decade.” Adam Back, CEO of Blockstream and a legendary cypherpunk, delivered the most scathing critism.

“I literally told him so a decade ago, but they still haven’t learned about balance vs utxo or the complexity of state, “rich state fullness” mistake. Redirecting miner revenue to the insiders with PoS etc. At this point just flush it before it hits 0, and buy Bitcoin.” – Adam Back, May 4 2025.

Back blamed Ethereum’s complexity — especially the Ethereum Virtual Machine (EVM) — for the recent ByBit wallet hack.

According to him, the EVM’s design makes it “basically impossible” for hardware wallets to verify transaction details reliably, creating exploitable vectors in real-world deployments.

From this lens, Ethereum’s initial ambition to support smart contracts without first building a minimal, robust foundation is seen as a strategic misstep.

The ensuing comments on X has further re-hased the long-standing ideological divide between Bitcoin maximalists, and Ethereum advocates over the last 24 hours.

What’s Ahead?

While Bitcoin maximalists dismiss Vitalik’s call for simplicity as a desperate pivot, Ethereum markets responded differently.

With ETH showing strength and price stability above $1,820, buyers appear to interpret the proposal as a sign of Ethereum’s maturity possibly moving toward more efficient fundamentals.

Despite criticisms from Bitcoin maxis like Adam Back, Ethereum price has evidently attracted buying more buying pressure that BTC over since Vitalik’s proposal on Saturday.

Ethereum Price Forecast Today: ETH Targets $1,950 on Vitalik’s Proposal Momentum

Ethereum price remains resilient, consolidating just below $1,830, while showing early signs of a bullish continuation. Price action is forming a subtle ascending triangle on the daily timeframe, suggesting accumulation beneath resistance.

Notably, the Moving Average Convergence Divergence (MACD) indicator reflects positive momentum, with the MACD line holding well above the signal and zero lines. This bullish divergence, confirmed by a widening histogram, hints at increasing buying pressure despite recent profit-taking.

Ethereum Price Forecast Today
Ethereum Price Forecast Today

Ethereum price forecast today shows ETH price is holding up well-above its 50-day MA at $1,784, while the 100-day moving average near $2,176 remains the first significant ceiling.

More so, ETH trending currently trading just above the 20-day EMA, which is turning upwards. The Stochastic Slow strategy has recently issued a sell signal (-2) on the daily close, but this appears to be weakening in effect as price fails to retrace lower, indicating that bears lack conviction to press further

Within these conditions, should Ethereum price break and close above $1,880, the path toward $1,950 opens with relatively little friction, supported by declining volatility and improved sentiment after Vitalik’s latest proposal.

A failure to break higher could see ETH retest $1,783, but sustained strength above that level could keep the upside momentum active.

The post Ethereum Price Outperforms BTC as Blockstream CEO, Adam Back Reacts to Vitalik’s Latest Proposal appeared first on CoinGape.

Here is Dogecoin Price If DOGE ETF Gets 30% to 50% of Bitcoin ETF Inflows

Analyst Predicts Dogecoin (DOGE) Price to Hit $1.1 as Whales Accumulate 100M DOGE (1)

Dogecoin price surged 2.3% over the last 24 hours to breach the $0.17 resistance amid renewed optimism around Bitcoin ETF-driven inflows.

With Bitcoin ETFs pulling in over $40 billion in assets under management since approval, speculation is mounting about what a potential Dogecoin ETF could mean if DOGE captures just 30% to 50% of BTC ETF inflows.

Dogecoin (DOGE) Signals Bullish Week Ahead With $0.17 Rebound

Dogecoin (DOGE) surged 2.3% in the last 24 hours to trade at $0.173, as speculation around a possible Dogecoin ETF intensified following Nasdaq’s official filing to list the 21Shares Dogecoin ETF.

Dogecoin (DOGE) price action, May 4, 2025 | Coingecko
Dogecoin (DOGE) price action, May 4, 2025 | CoingeckoD

According to CoinGecko, DOGE has climbed 5.0% over the past week, outperforming Bitcoin’s 1.1% gain and Ethereum’s 2.1% rise during the same period.

Trading volume remains elevated as traders anticipate a bullish breakout above the $0.18 resistance level. DOGE’s 14-day performance of 11.9% ranks among the highest across the top 20 cryptocurrencies, reflecting positive momentum after lagging during the broader April rally.

21Shares DOGE ETF Filing Could Spark Billions in Inflows

On April 30, Nasdaq submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the 21Shares Dogecoin ETF.

This followed an S-1 registration filed by asset manager 21Shares on April 10, in partnership with House of Doge, the Dogecoin Foundation’s corporate arm.

The fund will track the CF DOGE-Dollar US Settlement Price Index, and hold DOGE directly — without using leverage, derivatives, or synthetic products. Coinbase Custody Trust has been named as the official custodian.

This filing arrives just days after the SEC delayed its decision on altcoin ETF applications to June 15. While no DOGE ETF has yet been approved, market watchers are already speculating on the potential impact.

Dogecoin price prediction if it gets 30% – 50% of Bitcoin ETF Inflows

Since their January launch, U.S. spot Bitcoin ETFs have absorbed over $40 billion in net inflows, according to latest data culled from Farside.

If a DOGE ETF captures even 30% to 50% of that figure, the potential inflow could range from $12 billion to $20 billion.

Bitcoin ETF Holdings hit $40 billion, May 3, 2025 | Source: Farside
Bitcoin ETF Holdings hit $40 billion, May 3, 2025 | Source: Farside

At current market conditions, Dogecoin has a market cap of $24 billion. An injection of $12 billion to $20 billion could more than double the total market capitalization, assuming similar trading dynamics and demand pressure as BTC.

That implies a theoretical DOGE price target between:

  • $0.34 at $12 billion inflow.

  • $0.50 at $20 billion inflow

Such an increase would reflect 95% to 190% upside from current DOGE prices.

What’s Next: SEC Decision Timeline and Market Implications

With the SEC’s June 15 deadline for Bitwise’s DOGE ETF and Nasdaq’s 21Shares DOGE ETF application now pending, traders and institutions will be watching closely.

If either ETF gains approval, DOGE could quickly transition from a meme asset to a regulated financial instrument, opening access to institutional capital, retirement accounts, and RIA-managed portfolios.

ETF flow data from April shows that Bitcoin ETFs recently set new records for single-day inflows $936.5 million on April 22 alone, followed by $917 million on April 23.

Dogecoin ETF flows, if approved, would likely follow a similar trajectory with Bitcoin. Enthusiasts suggest Dogecoin ETF inflows could surpass expectations due to DOGE’s pop culture status, high retail engagement, and wide exchange availability.

If Dogecoin ETF inflows reach even a fraction of Bitcoin ETF levels, DOGE could trade between $0.34 and $0.50 in the medium term.

An approval verdict from the SEC would not just be a short-term bullish catalyst for DOGE price action, but it could also solidify memecoin adoption in traditional finance.

The post Here is Dogecoin Price If DOGE ETF Gets 30% to 50% of Bitcoin ETF Inflows appeared first on CoinGape.

SUI Price Remains Optimistic As 7-Week-Long Death Cross Nears End

After soaring nearly 70% in recent weeks, SUI has faced a swift correction, shedding 10% of its value over the past three days. Despite strong bullish momentum pushing the altcoin into the spotlight, the sudden pullback hasn’t rattled investors. 

The broader outlook for SUI remains intact, with on-chain metrics and market indicators signaling that this drop may be nothing more than a cooldown.

SUI Investors Can Rejoice

The 50-day exponential moving average is on the verge of overtaking the 200-day EMA. This near-crossover suggests SUI could soon witness a golden cross — a strong technical signal indicating a shift in long-term momentum.

Should the crossover complete, it would mark the end of SUI’s death cross that began seven weeks ago.

Such a shift would likely encourage renewed buying pressure. A golden cross often precedes significant rallies, and with SUI’s price having gained nearly 70% prior to the recent drop, bullish sentiment appears far from fading.’

SUI EMAs
SUI EMAs. Source: TradingView

SUI’s relative strength index (RSI) recently breached the overbought threshold, triggering a cooldown as traders took profits. This RSI dip corresponded with the 10% price drop, signaling that the asset was temporarily overheated and needed to stabilize.

Despite the retreat, the RSI remains within bullish territory, hovering just below the overbought zone. This means that while the rally has paused, the overall trend remains intact, and further gains may be on the horizon if buying volume increases again.

SUI RSI
SUI RSI. Source: TradingView

SUI Price Aims At Bouncing Back

At press time, SUI is trading at $3.16, having slipped below a key support level during the last 24 hours. The 10.77% decline stems from the altcoin’s failure to breach the $3.59 resistance level, compounded by a general market cooldown. Still, the correction is viewed by many traders as temporary.

The broader indicators continue to reflect bullish conditions. The nearing golden cross, resilient RSI, and strong upward momentum all hint that SUI could soon reclaim $3.16 as support. If momentum returns, the asset might retest $3.59 and potentially break past it, resuming its prior recovery path.

https://www.tradingview.com/
SUI Price Analysis. Source: TradingView

However, delays in recovery could change the script. Should SUI fail to reclaim $3.16 soon, the altcoin risks slipping further. A failure to breach $3.39 or secure support at $3.18 could send the price tumbling toward $2.77, potentially invalidating the bullish thesis and signaling a trend reversal.

The post SUI Price Remains Optimistic As 7-Week-Long Death Cross Nears End appeared first on BeInCrypto.

Could a $1000 Investment in Mutuum Finance (MUTM) Turn Into $100,000 Like Dogecoin (DOGE) in 2021?

mutuum-finance-doge

The post Could a $1000 Investment in Mutuum Finance (MUTM) Turn Into $100,000 Like Dogecoin (DOGE) in 2021? appeared first on Coinpedia Fintech News

Dogecoin (DOGE) created a buzz in 2021 by converting little investments into colossal wealth through viral energy and backing by individuals. Mutuum Finance (MUTM) is creating a splash currently by providing a new path towards decentralized finance. Currently at $0.025, MUTM is already at Phase 4 of its presale and will continue to grow to $0.03 in Phase 5. Experts predict that MUTM will hit $6 as early as mid-2025, an astronomical 24,000% rise from its current level.

This translates to a $1,000 investment today potentially climbing to $240,000, surpassing DOGE’s iconic surge. While the cryptocurrency market is unsteady, MUTM’s unique value proposition coupled with growing interest from investors translates to it perhaps being poised for liftoff.​

Mutuum Finance Presale Gains Traction with Growing Investor Interest

Mutuum Finance is deep into Phase 4 of its presale and selling tokens for a low $0.025. The project has already reached more than $7.5 million in funds from more than 9,400 early investors to date, a strong sign of ever-growing confident markets. But time’s running out: Phase 4 is more than 50% sold, and when it’s full, the token price will increase 20% in Phase 5. With a planned launch price of $0.06, current buyers might save a potential 140% profit before the token even reaches exchanges.

mutuum-finance

Unlike tokens that depend on hype and social media trends, Mutuum Finance is built on tangible utility. The platform’s innovative dual lending model, combining Peer-to-Contract (P2C) and Peer-to-Peer (P2P) protocols, has garnered significant attention in the decentralized finance (DeFi) community.

The P2C model allows users to earn passive income by providing liquidity to smart contract-based pools. On the other hand, the P2P model eliminates intermediaries, enabling direct transactions between borrowers and lenders for greater efficiency and privacy. This hybrid approach offers a secure, flexible, and profitable platform that appeals to both conservative investors seeking stable returns and those looking for higher yields.

Stability in a Volatile Market

Mutuum Finance provides market stability in a volatile industry which makes it stand apart from traditional market players. The Ethereum blockchain hosts a stablecoin which receives full collateral through USD reserves to maintain stability. Project stability depends on over-collateralization because it provides protection from algorithmic stablecoin risks while ensuring trust through its design approach.

Open-source smart contracts together with regular third-party audits provide both security and transparency which solves vulnerability issues across multiple other DeFi projects.

Community Rewards and Incentives

The growing community of Mutuum Finance receives multiple incentives through their reward programs. Mutuum Finance established a $100,000 prize distribution that grants $10,000 MUTM tokens to each of its ten winners. Users can receive rewards through a referral program that offers benefits for recruiting new investors to join the platform. Live leaderboard technology displays positions of the top 50 token holders and gives bonus token rewards to participants who succeed in keeping their rankings. The ranks-based program combined with rewards mechanisms shape an interactive network which honors continuous member dedication through its gameplay elements.

Mutuum Finance (MUTM) is on track to potentially deliver returns rivaling Dogecoin’s 2021 surge. With its Phase 4 presale already raising $7.5 million from over 9,400 investors, the token’s current price of $0.025 could skyrocket to $6 by mid-2025, offering a 24,000% return. The platform’s unique dual lending model and USD-backed stablecoin provide real value beyond hype. Time is running out, Phase 4 is over 50% sold, and prices are set to rise. Don’t miss out on securing your position before the next price jump.

For more information about Mutuum Finance (MUTM) visit the links below:

The post Could a $1000 Investment in Mutuum Finance (MUTM) Turn Into $100,000 Like Dogecoin (DOGE) in 2021? appeared first on Coinpedia Fintech News
Dogecoin (DOGE) created a buzz in 2021 by converting little investments into colossal wealth through viral energy and backing by individuals. Mutuum Finance (MUTM) is creating a splash currently by providing a new path towards decentralized finance. Currently at $0.025, MUTM is already at Phase 4 of its presale and will continue to grow to …

Crypto Phishing Scams Stole $5.2 Million From Over 7000 Users in April

Phishing scams in the crypto sector are becoming more advanced, with attackers stealing more than $5.2 million from unsuspecting users in April 2025.

According to data from blockchain security firm Scam Sniffer, the losses mark a 17% drop from March’s $6.37 million. However, the number of victims surged by 26%, with 7,565 individuals falling prey to fraudulent schemes last month.

Crypto Phishing Victims Rise Amid Evolving Attack Methods

Scam Sniffer reported that the most damaging incident in April involved a phishing signature scheme, which led to a $1.4 million loss.

In this case, the victim unknowingly approved several fraudulent requests, enabling the attacker to drain their wallet. These scams typically trick users into signing digital approvals that authorize token transfers without their knowledge.

Crypto Phishing Scams in April.
Crypto Phishing Scams in April. Source: Scam Sniffer

Another notable case involved an address spoofing technique known as address poisoning. An unsuspecting user lost $700,000 after sending funds to a fake wallet address that closely resembled one they had interacted with previously.

Meanwhile, threat actors are evolving tactics beyond traditional phishing websites and are now social engineering their victims across messaging platforms.

Yu Xian, founder of blockchain security firm SlowMist, warned that attackers now target users through Telegram. They use AI-generated voice messages and personalized chats to deceive victims.

In one reported case, Xian noted that a compromised Telegram account was used to send voice clips that imitated a victim’s trusted contacts. The voice messages, likely produced with AI tools, were built from earlier voice logs to mimic tone and speech patterns.

“Don’t trust just one source. When it involves money, always establish another reliable source for verification,” Xian stated.

These developments mirror an earlier case in which an elderly US citizen lost 3,520 BTC, worth over $330 million, to a sophisticated social engineering scam.

Blockchain investigators, including ZachXBT and Binance’s security team, have managed to freeze around $7 million linked to the theft.

CertiK, another blockchain security provider, reported that the Bitcoin theft contributed significantly to the industry’s total losses in April.

According to the firm, the emerging industry lost $364 million to hacks, scams, and exploits during the reporting period. Around $18.2 million of these stolen funds have since been recovered.

These developments underscore the growing sophistication of crypto scams. They also highlight the urgent need for improved user education, wallet security, and anti-phishing tools within the industry.

The post Crypto Phishing Scams Stole $5.2 Million From Over 7000 Users in April appeared first on BeInCrypto.

TRUMP Meme Coin Falls 16% As Short Sellers Remain Highly Active

OFFICIAL TRUMP has seen notable volatility in recent days. The meme coin failed to breach its resistance level at $16 despite a brief bullish momentum last week.

Since then, TRUMP has faced consistent downward pressure, with its most significant 24-hour drop occurring today. At the time of writing, the altcoin is trading at $11.08 — down 16% over the weekend.

TRUMP Traders Make The Most Of The Drop

Traders had anticipated a potential decline this week. The funding rate for OFFICIAL TRUMP was deeply negative — the most bearish it’s been in the past three weeks. This pattern shows that short sellers were highly active, positioning themselves to benefit from the token’s fall.

These traders likely capitalized on the downturn. However, if the price recovers, holding short positions may lead to rapid losses. This creates a possibility for a shift in strategy, with traders now seeking to reduce risk, potentially driving a rebound in TRUMP’s price.

TRUMP Funding R
TRUMP Funding Rate. Source: Coinglass

Despite today’s steep drop, macro indicators reveal an optimistic outlook among investors. The Chaikin Money Flow (CMF) remains positive, indicating continued capital inflow into the asset. This bullish signal highlights that buyers still dominate despite the recent market weakness.

The CMF’s strength suggests that the broader market sentiment is not entirely bearish. As long as TRUMP’S CMF holds above zero, investors will likely retain faith in the altcoin’s long-term trajectory. This support from long-term holders may counteract the short-term pressure from speculators.

TRUMP CMF
TRUMP CMF. Source: TradingView.

TRUMP Price Is Safe

OFFICIAL TRUMP is currently trading at $11.08 following a sharp 24-hour decline of 16%. This downturn was triggered when the meme coin failed to break above the crucial $16.00 resistance. The failed attempt led to increased selling pressure, driving the asset downward.

However, TRUMP is still holding above the critical $10.29 support level. This area serves as the final line of defense before a potential slip below $10.00. If investors continue to back the asset, a recovery could follow.

Reclaiming $12.18 as support would signal renewed strength and encourage further accumulation.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView.

That said, heightened bearish sentiment in the broader crypto market could shake investor confidence. Panic selling under these conditions may push the price below $10.29. In such a scenario, OFFICIAL TRUMP could tumble to $9.11, weakening the bullish thesis and extending the decline.

The post TRUMP Meme Coin Falls 16% As Short Sellers Remain Highly Active appeared first on BeInCrypto.

Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead

Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead

Ethereum price is poised to reclaim its previous highs in a rally that could see ETH surpass $2,000 in the short term. The optimism is fuelled by a raft of factors, including ETH’s historically strong performance in May and an avalanche of institutions flooding the network.

Ethereum Price Set To Stage Recovery In May

While the chatter about Ethereum’s decline has reached a fervent pitch, optimism is growing for a near-term rally for ETH. Pseudonymous cryptocurrency analyst Cyclop, in an X post, opined that the network’s historically strong showing in May is a key piece of the puzzle.

Ethereum price has gained an average of 27.36% at the end of May since 2o16, famously spiking by 70.29% in 2017. Last year, ETH wrapped up the month of May with a 24.65% increase, stoking optimism for another strong performance in 2025.

ETH strong monthly performance in May

Cyclop is predicting an ETH rally to 2,500 by the end of May, riding on seasonal strength. According to a chart shared by the pseudonymous TraderPA, ETH has closed its most bullish monthly candle in 2025.

“The last time we closed with a hammer candle, the price surged by 60% afterward,” said TraderPA.

ETH closes monthly bullish candle

However, investors have to keep their eyes on prevailing fundamentals like UK regulators moving to ban the DeFi loan market.

Institutional Investors Are Backing Ethereum Despite Price Performance

A raft of institutional behemoths is turning to the network in their pivot to blockchain solutions. China’s Alibaba is rolling out an Ethereum layer 2 solution, joining Germany-based Deutsche Bank on a similar path.

Financial giants BlackRock and Fidelity are tokenizing assets on Ethereum, while Visa and Mastercard have tapped Ethereum for their Web 3 solutions. Sam Altman’s World Project is pitching tents, with the network with Coinbase’s Base, racking impressive numbers as an L2 and graduating to Stage 1 EVM rollup.

Trump’s WLFI holds 94% of its cryptocurrency holdings on Ethereum, while Circle is opting to house a significant amount of its stablecoin in Ethereum. A combination of heavy institutional backing will prop Ethereum price for a rally in the short term.

A Massive Rebrand For Ethereum Is Underway

Aware of the barrage of criticism over falling metrics and bland price performance, developers are keen on a network upgrade. Dankrad Feist has warned that Ethereum is in danger if it fails to scale its gas limit by 100X over five years.

On the flipside, Vitalik Buterin is mooting a proposal to revamp Ethereum akin to Bitcoin’s simplicity in a move that may positively impact the ETH price. Charles Hoskinson has predicted that the network will crash in 15 years, citing layer 2 cannibalization and its outdated technology.

The post Ethereum Price Recovery Soon? Key Factors Point To ETH Bull Rally Ahead appeared first on CoinGape.

Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K

Michael Saylor Flashes Signal For Massive MicroStrategy Bitcoin Purchase As Bulls Target $100K

Michael Saylor has flashed the tell-tale sign for an incoming Bitcoin purchase for MicroStrategy. The incoming purchase will be a massive haul for MicroStrategy, with investors jockeying for positions ahead of the market-moving announcement.

Michael Saylor Hints At Incoming Bitcoin Acquisition

MicroStrategy has its sights on a fresh Bitcoin purchase in the coming days after company CEO Michael Saylor hinted at an incoming acquisition. Saylor shared MicroStrategy’s portfolio tracker in an X post, a tell-tale sign typically preceding a Bitcoin purchase announcement.

Michael Saylor’s post was accompanied by a caption hinting at increased buying activity by the software firm. The latest hint follows Saylor’s plans to raise $84B for Bitcoin purchases via stock sales to fund its acquisition spree.

 “Too much blue, not enough orange,” said Michael Saylor in an X post.

Michael Saylor shares MicroStrategy's portfolio tracker showing Bitcoin holdings

According to the portfolio tracker, MicroStrategy holds 553,555 BTC worth $52.8 billion at currency prices. Given fresh capital raises, investors are rippling with enthusiasm that the incoming purchase will be the largest by MicroStrategy.

While the incoming purchase is poised to push MicroStrategy’s holdings closer to 600K, the software company holds over 2% of Bitcoin’s total supply. Furthermore, the purchase may see MicroStrategy leapfrog BlackRock in the race to 1 million Bitcoin.

Will The Purchase Move The Markets?

Barely hours after Michael Saylor shared the portfolio tracker with the caption, BTC price climbed by nearly 3%. An actual purchase will send prices on a rally akin to previous BTC acquisition announcements by MicroStrategy.

Bitcoin price has traded sideways for over a week, and markets are eyeing strong fundamentals to power a push to $100,000. Crypto analyst Javon Marks is eyeing a BTC rally to set prices toward $116,652, but it is unclear if MicroStrategy’s purchase will power the rally.

“As for Bitcoin’s target at $116,652, it goes unchanged and prices have made monumental progress in a recovery recently towards it,” said Marks.

Bitcoin trades at $95,000 with indicators pointing northward toward $100K in search of a catalyst to trigger a rally. However, Robert Kiyosaki and Arthur Hayes have predicted the Bitcoin price to $1 million, but Michael Saylor says he will “forever buy the top.”

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