Author: Monicah W

Pepe Coin price may be on the verge of a parabolic bull run as whale activity suggests that large addresses are rapidly accumulating the meme coin. On-chain data shows that one of the largest PEPE addresses has withdrawn 1.5 trillion tokens from exchange giant Binance, a move that hints at a potential upward trend in the near future.

PEPE value today trades at $0.0000089 with a slight 1% gain in 24 hours. Data from CoinMarketCap reveals that at press time, PEPE had $425M in trading volumes, which was nearly three times higher than Shiba Inu.

Pepe Coin Price in Focus as Whale Withdraws 1.5 Trillion PEPE

Pepe Coin price eyes gains as data from on-chain tracker Lookonchain shows that an address holding $147M in assets has withdrawn 1.5 trillion PEPE tokens valued at around $13.3 million from Binance. The withdrawal comes as the meme coin records a drastic surge in the supply held on exchanges, an issue that could trigger a supply squeeze.

Data from Santiment also shows that the supply of Pepe Coin held on exchanges has plummeted to 107 trillion tokens, and it sits at the lowest level in one year. This falling supply is indicative of traders steadily withdrawing their coins from exchanges, an indication that a notable surge in demand could fuel a parabolic rally.

These withdrawals have coincided with a bullish Pepe Coin price forecast from analysts, with one stating that the meme coin may be on the verge of a 130% rally to $0.000021. The analyst based this prediction on the pending breakout from a descending trendline, which may spark the next PEPE bull run.

Key Prices Levels to Watch for PEPE

The daily price chart suggests that Pepe Coin may be at a pivotal point and eyes a breakout past major resistance levels. The first key resistance is the neckline of a massive double bottom pattern at $0.0000093, a level that PEPE has been teasing to breach for nearly two months.

If a breakout above this neckline is confirmed, and this top meme coin also makes a decisive close above the psychological level of $0.00001, it will spark a parabolic run to $0.00002, which aligns with analyst Dami DeFi’s prediction.

Conversely, if a bullish breakout fails and instead the PEPE price plunges, the key support level to watch is $0.00000587, a level that may wipe out all of the recent gains.

The RSI indicator is also a key metric to watch as it nears a pivotal point following a series of higher highs for most of this month. With the reading of 59, the RSI shows that the bullish momentum is strong, but if it continues with the downtrend and plunges below the signal line, it may create a sell signal and spark a steep decline in the price.

To sum up, the recent withdrawal of 1.5 trillion PEPE tokens from Binance and the decline in supply on exchanges suggest that this meme coin may be on the verge of a supply squeeze that will spark an uptrend. Going by analyst projections and the double-bottom pattern formation, Pepe Coin price may soon surge to $0.000021.

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The much-anticipated March PCE inflation data has come out in line with expectations, leaving market participants wondering about the Federal Reserve’s next move. This inflation metric is the Fed’s most preferred inflation gauge and suggests that Chair Jerome Powell and the FOMC will likely keep rates unchanged at the May meeting.

US PCE Inflation Data Comes In At 2.3%

U.S. Bureau of Economic Analysis data show that the March U.S. inflation data came in at 2.3% year-over-year (YoY), in line with expectations, and 0% month-over-month.

Meanwhile, the core PCE data came in at 2.6% YoY, the lowest since June 2024. This development is significant as this data is what the Fed uses as its primary inflation gauge and could determine its decision at the May FOMC meeting.

With the PCE inflation data stalling, Powell and the FOMC look unlikely to cut interest rates at the May meeting holding between the 6th and 7th.

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The post MOVE Token Scandal News: Who & How Market Manipulation Led to Massive Price Drop appeared first on Coinpedia Fintech News

A massive scandal has shaken the crypto world, and it’s all about the MOVE token. What was supposed to be a successful launch for MOVE ended in disaster, causing its price to drop to an all-time low of $0.219. Behind this sudden collapse lies a financial deal that was supposed to boost the token’s success but instead led to market manipulation and shady tactics. 

Who’s really behind this crypto chaos, and how did it all go so wrong? Let’s break down the details.

Deceptive Deal Leads to a Price Collapse

The Movement Foundation, behind the launch of MOVE, is now under investigation for signing a deal that gave a single entity disproportionate control over the token market. The agreement granted Web3Port, a Chinese market maker with ties to Donald Trump-affiliated World Liberty Financial, significant leverage. 

This resulted in the sale of 66 million MOVE tokens just one day after their debut in December. The massive token dump triggered a sharp price drop and sparked allegations of insider trading.

Rentech: The Middleman at the Center of the Scandal

Internal messages from Movement’s co-founder, Cooper Scanlon, revealed that they were deceived into working with a middleman named Rentech. Initially believed to be a subsidiary of Web3Port, Rentech turned out to be a separate entity that facilitated this market manipulation. 

The deal allowed Rentech to borrow up to 5% of MOVE’s total supply, giving them significant control over the token’s price, raising red flags about potential price manipulation.

Incentives for Price Manipulation

The market-making agreements involved unusual provisions, such as one that incentivized Rentech to artificially push the price of MOVE token over $5 billion in value. This setup would have allowed them to profit from a sharp price rise and then sell off their tokens, benefiting from the inflated price.

 Industry experts, including crypto founder Zaki Manian, called this structure “dangerous” and unethical, accusing the deal of encouraging price manipulation.

Internal Conflicts and Investigation

Movement is also facing internal tensions. Allegations have surfaced about co-founder Rushi Manche’s involvement in pushing for the deal, with some suggesting that conflicts of interest played a role. 

The company is now investigating these claims and working to hold those responsible accountable.

Binance Steps In

As a result of the token dump, Binance, one of the largest crypto exchanges, banned the market-making account tied to Rentech. In response, Movement Foundation launched a token buyback initiative to stabilize the price and regain investor trust. 

Despite the negative press and the fallout from the price crash, Movement Labs has promised to investigate the circumstances surrounding the deal and ensure accountability. 

The post MOVE Token Scandal News: Who & How Market Manipulation Led to Massive Price Drop appeared first on Coinpedia Fintech News
A massive scandal has shaken the crypto world, and it’s all about the MOVE token. What was supposed to be a successful launch for MOVE ended in disaster, causing its price to drop to an all-time low of $0.219. Behind this sudden collapse lies a financial deal that was supposed to boost the token’s success …

The crypto market’s turmoil remains consistent, but the dips have become a buying opportunity, as investors leverage into altcoins to buy at low prices. Donald Trump’s Liberation Day became the bearish catalyst for the market, crashing crypto prices significantly. The introduction of tariffs ignited the trade war, especially between the US and China, impacting all the financial markets. However, three cryptos defied the odds, how? Let’s discuss.

Top 3 Bullish Altcoins to Buy

Trump’s Liberation Day has highlighted the impact of macroeconomic events on the crypto market, as it wiped out billions of dollars from digital assets. Most crypto prices faced a significant drop, including Bitcoin, but some defied the odds with minimal impact or fast recovery. This includes Fartcoin, Solayer, Virtual Protocol, and other altcoins that investors should consider to buy.

1. Fartcoin (FARTCOIN)

Fartcoin is among the most bullish Solana meme coins, having surged more than 195% in the last 30 days alone. With a surge in demand, this altcoin succeeded in beating Trump’s Liberation Day-fueled crash. It currently trades at $1.14 with a market capitalization of $1.14B per CoinMarketCap.

2. Solayer (LAYER)

Solayer is among the best top altcoins to buy due to its 127% surge in the month, creating an ATH high milestone just a few hours ago. The token currently trades at $3.06 and is highly bullish due to the Binance exchange listing.

3. Virtual Protocol (VIRTUAL)

In contrast to the aforementioned altcoins, Virtual Protocol has entered a consolidation period today, with the price declining nearly 10%. However, experts call it a ‘buy-the-dip’ opportunity as the token is setting a step down before jumping higher. In the last 30 days, its price has surged more than 120%, currently trading at $1.29.

Bottom Line

The crypto market has recovered significantly from Trump’s Liberation Day-influenced crash, but the uncertainty still exists. The investors are awaiting the upcoming FOMC meeting and Fed rate cuts to witness liquidity inflow and crypto prices. Interestingly, despite the crash, a few altcoins showed bullishness that investors can consider to buy.

The post Top 3 Altcoins to Buy That Are Beating the Market Since Trump’s Liberation Day  appeared first on CoinGape.

Ethereum co-founder Vitalik Buterin recently outlined his goals and vision for Ethereum in 2025. His vision is to expand the network and enhance the technical and social foundations of Ethereum.

Buterin discussed the most important things he will be working on this year. This includes Ethereum’s Layer 1 long-term roadmap and ensuring the blockchain’s security, decentralization, and privacy features.

Vitalik Buterin Shares His Goal For Ethereum

In his blog post, Vitalik Buterin mentioned specific areas of focus for Ethereum’s development in 2025. Buterin’s primary priority remains Ethereum itself, with particular attention to the Layer 1 long-term roadmap. This includes technological innovations like “single-slot finality, long-term VM, statelessness, security/resilience/decentralization.”

His vision for ETH comes as Cardano flipped Ethereum in developer activity. Buterin also emphasized that “full-stack security, open source and privacy” are of utmost concern. He explained that you have to ensure “Ethereum is usable in a way that is very secure, has no centralized middlemen, and protects privacy” on everything, including wallets and apps.

And my personal focuses (and non-focuses) for 2025. Should be predictable from things I’ve done and written, but it’s worth re-stating explicitly. https://t.co/e4yvRmrTOa pic.twitter.com/XvSFbvlEUp

— vitalik.eth (@VitalikButerin) April 30, 2025

Beyond Ethereum’s core protocol, Vitalik Buterin mentioned his focus on what he terms “big-picture d/acc.” This includes communication tools, information and social layer development, mechanism design for governance, and public goods/open source funding. Additional areas of interest include “cryptography, OS, hardware, physical infra, bio defense.”

Interestingly, Buterin also acknowledged areas where he is relatively less involved and where other team members are taking the lead. These include the practical aspects of short-term scaling as well as peer-to-peer technology, block construction, other research areas, and proven application layer categories.

Vitalik wants everyone to benefit from ETH

According to documentation shared by Vitalik Buterin, a core goal for ETH is to “maximize the number of people who (directly or indirectly) use Ethereum, in such a way that they benefit from Ethereum’s underlying values.” This vision extends beyond simple user counts to focus on meaningful usage that delivers real value.

The documentation shares several forms of meaningful usage like “Internet-native financial access” for people using tokenized assets on Ethereum or DeFi for payments, savings, and wealth building. Some other notable examples are “Internet-native organizations” such as DAOs with programmable rewards, “decentralized social media” platforms with content held on decentralized networks, and “decentralized AI” systems on Ethereum.

Vitalik Buterin wishes for ETH to be technologically and socially robust in 2025. He emphasizes the ecosystem’s independence, common values, diverse teams, robust networks, decentralization, and preparedness for risks. This could potentially help boost the ETH price, which is close to 40% down over the last year.

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In the latest Bitcoin reserve news, the New Mexico city of Roswell has officially adopted BTC as its reserve asset. Diversifying its treasury, Roswell has become the first US city to embrace a Strategic Bitcoin Reserve.

Notably, the city’s move highlights a growing trend of embracing crypto assets and Bitcoin, with governments increasingly considering BTC as a reserve asset.

New Mexico’s Roswell Embraces Bitcoin Reserve

Bitcoin Magazine revealed via its latest X post that New Mexico’s Roswell has become the first US city to adopt a Bitcoin Reserve.

Reportedly, the city has received its first BTC donation of 3,050,323 satoshis (about 0.0305 BTC), as part of its vision of establishing a BTC reserve. At the time, the Bitcoin donation was valued at about $2,906. This fund will be used by the authorities as “seed money” to initiate the reserve proceedings.

Roswell’s Reserve Plan: A Closer Look

According to the city’s official filing, Roswell received the Bitcoin fund on April 29, 2025. The government is expected to hold Bitcoin donations and sponsorships for at least 10 years, in an attempt to accumulate more funds.

Once it reaches $1 million, the fund will be tapped into as the“Bitcoin emergency fund.” Then, the city could use 21% of the BTC fund every five years, pending unanimous City Council approval. The fund’s priority use cases include subsidizing water bills for local elderly residents and supporting emergency disaster response efforts.

This move comes on the heels of Crypto Advisory Committee Director Bo Hines’ endorsement of a BTC reserve. He acknowledged Trump’s crypto policies and their potential to transform America into a blockchain leader.

Diverse Approaches to Bitcoin Reserve

Countries across the world are considering adopting the Bitcoin reserve for financial stability and innovation. Under President Donald Trump, the US has been at the forefront of discussions around crypto adoption, with various governments considering similar initiatives.

Recently, the Arizona House of Representatives voted in favor of adopting a BTC reserve. Coinciding with Roswell’s development, the mayor of Panama City has revealed plans to embrace Bitcoin as its national reserve.

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Bitcoin (BTC) price eyes a parabolic rally past $100,000 after BTC’s Realized Capitalization soared to an all-time high, a surge that has always preceded a strong upward trend. The rise in this metric comes as BTC defends $95,000, after President Trump’s relief on auto tariffs fuelled a recovery across financial markets.

BTC value today stands at $94,930 with a daily high of $95,443, as the Bitcoin Fear and Greed Index indicates that traders are in a state of “greed.” A deep dive into the Realized Cap and 2 other key metrics suggests that a major price increase is looming.

Bitcoin (BTC) Price Eyes Rally As Realized Capitalization Hits ATH

According to CryptoQuant data shared by analyst Carmelo, BTC’s Realized Cap, an on-chain metric used to measure the price at which BTC was last moved on-chain, has reached a record high of $882 billion. Per Carmelo, the surge indicates retail and institutional investors have re-entered the market and anticipate gains in the near term.

As the chart above shows, a rise in the Realized Cap metric is often followed by a notable increase in the price of Bitcoin. Per Carmelo, history will likely rhyme, and an explosion is on the horizon. He opined,

“Although we have seen progressive gains since April 9, the price has not yet exploded significantly in a very short time frame, which is a typical characteristic of Bitcoin. However, if these accumulations continue, it is highly likely that such an explosion will occur.”

Interestingly, this is not the only on-chain metric hinting towards a BTC price explosion happening soon. The supply of BTC held in profit has surged past 90%, which analyst Darkfost noted has previously caused a euphoric phase, and the king coin is getting close to this level.

Meanwhile, popular analyst Ali Charts noted that in the last two weeks, whales have accumulated 43,100 BTC valued at nearly $4 billion, an indication that these large addresses may be positioning for an uptrend. This further supports the argument that a BTC breakout past $100,000 is looming and may happen soon.

Bitcoin Technical Analysis – Key Support & Resistance Levels to Watch

Bitcoin trades within a giant falling wedge pattern on the daily chart, and is teasing a breakout above the upper trendline, a move that could spark a 21% price gain towards an all-time high of $115,000. The RSI line, which is tipping north and has reached a value of 66, supports the likelihood of a breakout happening, as bullish momentum surges.

However, for a bullish Bitcoin price forecast to play out, BTC needs to clear several hurdles. The first is resistance at $95,680, a level that also marks the upper descending trendline of the falling wedge. If it makes a decisive close above this resistance, it then needs to clear $99,690 for a run up to $115,000.

If this bullish thesis fails, and traders who bought during the rally decide to take profits and spark a downtrend, Bitcoin price faces support at $92,000, with a breach of this level set to drag the price down to $81,000. If this happens, the market sentiment will likely fall back into “fear” and invalidate the likelihood of a “euphoric phase” happening in the near term.

The post Bitcoin Realized Cap Hits New ATH, Will BTC Price Follow? appeared first on CoinGape.

Amid Donald Trump’s remarkable pro-crypto ushers, Tether CEO Paul Ardoino has recently taken the stage to reveal how the President can aid stablecoin USDT. Speaking to Dan Murphy on Wednesday, April 30, Ardoino highlighted vitalities regarding how Trump stirs optimism for the stablecoin, correlating America’s success to its cryptocurrency’s success. However, market watchers also remain apprehensive as this particular stablecoin has faced quite scrutiny regarding its involvement in illicit activities.

Tether CEO Reveals How Donald Trump Can Aid USDT: Details

Upon being asked-“How much of Tether’s future success actually hangs on Donald Trump staying in power?” Ardoino replied that he primarily relates USDT’s success to America’s success. The CEO emphasized that his firm stands as an exporter of what they believe is the best product the U.S. created (the U.S. Dollar).

Notably, Paul spotlights how a majority of the population outside of the U.S. would prefer holding the American dollar instead of their traditional currency, thanks to Trump. To this, he adds that “if u ask 1000 people outside the U.S. about their preference, at least 999 will choose the dollar.”

In addition, the CEO also confirmed that a domestic stablecoin for the nation is in the works. The current internationally accepted stablecoin is designed for high-inflation markets, he added. However, the new domestic stablecoin will be more of a payment product used by institutions and people nationwide. Market watchers can expect its launch by the end of this year or as soon as the beginning of next year, Ardoino said.

However, Murphy asked the CEO how he plans to mitigate the use of USDT by nefarious actors, as also stressed by the NY Times recently. To this, the Tether lead replied that people forget to consider how infinite amounts of cash (U.S. dollars) are used for illicit activities. Nevertheless, the stablecoin giant reassured that they use ecosystem monitoring tools to prevent such mishaps.

Overall, the stablecoin giant continues to cement its top ranking, as underscored by the abovementioned metrics. Meanwhile, the entity remains primed to reach further heights as Donald Trump continues to fuel pro-crypto endeavors in America, while also taking measures to increase the dollar’s value.

Besides, it’s also worth remembering that the stablecoin giant recently minted $1 billion USDT on Tron, further expanding its foothold in the sector.

The post How Will Donald Trump Aid USDT Stablecoin? Tether CEO Reveals appeared first on CoinGape.

The post Is XRP The Bitcoin For Banks? appeared first on Coinpedia Fintech News

Over the years, Ripple and its native token XRP have weathered waves of skepticism, controversy, and legal battles. But as 2025 unfolds, a growing number of experts, financial insiders, and crypto enthusiasts are beginning to ask a serious question: Is XRP becoming the “Bitcoin for banks” — the foundational digital asset for the future of global finance?

For many in the crypto space, Ripple has long been a polarizing topic. Critics often cite the events of 2017, when a flood of misinformation painted Ripple as centralized, overly corporate, and anti-crypto. Allegations of excessive control, fears of XRP being pre-mined, and speculation about its status as a security fueled skepticism that lingers with some investors even today.

But many of those narratives have since been debunked or disproven. XRP isn’t endlessly minted, it’s being burned with every transaction, and Ripple has established real-world partnerships with dozens of governments, central banks, and financial institutions. 

A Shift in Institutional Sentiment

In addition to its institutional partnerships, XRP has also caught the attention of investment firms and market regulators. In a recent crypto market update, it was revealed that over 17 different XRP-based investment products are currently awaiting regulatory approval — an indicator of growing institutional interest.

Meanwhile, financial powerhouses like BlackRock and tokenization-focused platforms such as Ono Finance are working alongside Ripple to build tokenized versions of traditional securities and other real-world assets. This collaborative momentum highlights how tokenization is poised to reshape not just crypto, but the broader financial markets.

Could XRP Really Become the Financial Base Layer for Banks?

Industry insiders and former U.S. financial officials have publicly entertained the possibility of XRP being used as the base layer for the U.S. national banking system or as part of a CBDC initiative. While official decisions are yet to be made, the discussion itself marks a shift from the hostility Ripple once faced.

The Bank for International Settlements (BIS) — often described as the “central bank of central banks” — has already collaborated with Ripple on CBDC projects and instant settlement solutions, signaling the token’s viability on a global scale.

The post Is XRP The Bitcoin For Banks? appeared first on Coinpedia Fintech News
Over the years, Ripple and its native token XRP have weathered waves of skepticism, controversy, and legal battles. But as 2025 unfolds, a growing number of experts, financial insiders, and crypto enthusiasts are beginning to ask a serious question: Is XRP becoming the “Bitcoin for banks” — the foundational digital asset for the future of …