US-based Coinbase has reportedly agreed to purchase the largest crypto options firm in the world, Deribit. The deal, valued at $2.9 billion, will see Coinbase expand its reach toward crypto derivatives, but parties will have to sidestep a few regulatory hurdles.
Coinbase Moves To Acquire Deribit For $2.9 Billion
After months of horse-trading, Coinbase has inked a deal to acquire crypto options platform Deribit for $2.9 billion. According to a report by the Wall Street Journal (WSJ), the deal will see Coinbase expand the scope of its offerings to include spot, futures, and options.
Joining forces with Deribit will send Coinbase to the top of the rankings for crypto derivatives by options volume and open interest. Deribit holds $30 billion in open interest and trading volumes surpassing $1 billion, with pundits describing the deal as a “steal” for the US-based exchange.
“This is a global step in our global expansion strategy,” said Coinbase in a statement. “With Deribit’s strong international presence and Coinbase’s regulated US and international operations, we’re set to offer unparalleled access to crypto derivatives around the world.”
The crypto market took a sharp hit on March 4, losing $800 million in value as prices dropped. After briefly crossing $3 trillion, the total market cap fell 9% to $2.77 trillion, with trading volume also dipping 14% to $177 billion. Bitcoin, Ethereum, and XRP initially jumped after Trump announced plans for a U.S. crypto reserve, but the excitement faded quickly. New tariffs on Mexico and Canada added pressure, causing a market-wide sell-off and reminding investors how sensitive crypto remains to economic shifts.
Trump’s Crypto Strategic Reserve plan briefly lifted Bitcoin 10%, Ethereum 13%, and XRP 34%.
But traders rushed to sell, flooding exchanges with 6,739 Bitcoin per hour and 300,000 Ethereum inflows.
Interestingly, while the whole crypto is on bear more, large holders—commonly referred to as whales—began shifting vast amounts of crypto to exchanges. This came right after Trump announced his plans to include other crypto assets in the crypto reserve plan. According to CryptoQuant, hourly inflows of XRP soared to 193 million tokens, primarily from wallets executing transactions of over 1 million XRP each. Bitcoin inflows skyrocketed from a typical 500-1,000 BTC per hour to an astonishing 6,739 BTC. Meanwhile, Ethereum saw a similar pattern, with nearly 300,000 ETH sent to exchanges within a single hour.
Trump-n-Dump.
– After Trump’s Strategic Reserve message, crypto prices have given back all of their previous gains as traders rushed into exchanges to sell.
– The subsequent drop in crypto prices indicates that real spot demand continues in contraction territory.
When institutional or large investors move assets to exchanges, it typically signals selling pressure. Most long-term investors keep their holdings in cold storage, meaning large transfers to exchanges often precede a sell-off. This massive inflow coincided with price swings across the market, indicating that traders likely took advantage of the Trump-induced rally to offload assets.
Bitcoin Demand in Decline—What’s Next?
CryptoQuant analysts noted that despite the short-lived price spike, real spot demand remains weak. Bitcoin’s apparent demand, a key metric tracking the balance between newly mined coins and existing supply, has been in decline since late 2024. This trend has pushed demand into contraction for the first time since September 2024, raising concerns about Bitcoin’s ability to sustain rallies.
Retail accumulation has also slowed since November, further reducing buying pressure. Without fresh capital entering the market, sustaining upward momentum in crypto prices will be difficult.
Can Trump’s Pro-Crypto Stance Revive the Market?
Trump’s support for crypto has created buzz about new rules and big investors jumping in, but the market’s reaction shows traders are still unsure. If more people don’t start buying, prices could have a hard time staying up, even with all the excitement around the U.S. crypto reserve plan. Now, investors are waiting to see if this move will bring long-term growth or just more price swings.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) pulled back slightly on Friday as focus shifted to the US nonfarm payrolls (NFP) data and Donald Trump’s crypto summit. BTC price retreated 2%, while ETH and XRP fell by 4.2% and 1.32%. This retreat could fade if the US publishes weak NFP data, which will lead to more US dollar index sell-off.
US Dollar Index Crashes Ahead of Nonfarm Payrolls Data
BTC, ETH, and XRP prices retreated even as the US dollar index (DXY) tumbled to the lowest level since November 5. It fell to $103.6, down by about 6% from its highest level this year as hopes that the Federal Reserve will slash interest rates rose.
US Dollar Index
The nonfarm payrolls data will likely provide more color about this. Economists expect the data to reveal that the labor market softened in February as tariff fears rose and as Elon Musk led a purge of the federal workforce. On Wednesday, a report by ADP showed that the private sector created 77k jobs, much lower than the expected 154k.
A weak labor report will increase the odds that the Federal Reserve will cut interest rates more times than expected. A dovish Fed would lead to a softer US dollar index, which would in turn propel Bitcoin’s price higher. In an X post, Jamie Coutts, the Chief Crypto Analyst at RealVision said:
“When looking at this recent move in the DXY through a historical lens, it’s challenging to be anything but bullish. I ran a signal screen for 3-day negative moves of more than 2% & -2.5% and found they have all occurred at Bitcoin bear market troughs (inflection points) or mid-cycle bull markets (trend continuations). “
Bitcoin, Ethereum, and Ripple prices will react to the Trump crypto summit. While this summit will be bullish for crypto, a pullback cannot be ruled out since market participants have already priced in it.
BTC, ETH, XRP Price Predictions
The crypto market will be in the spotlight after the US NFP and crypto summit. So, let’s explore some of the support and resistance levels of popular coins like BTC, ETH, and XRP prices.
BTC Price Forecast
The daily chart shows that BTC price is holding steady above the support at $85,000 and the 200-day Exponential Moving Average. It is also steadily above the lowest level this month. At the same time, Bitcoin has faced stiff resistance between $93,000 and $95,000.
BTC needs to surge above that resistance to confirm more gains to the psychological point at $100,000. A drop below the 200-day moving average at $85,850 will invalidate the bullish outlook and risk dropping to this month’s low at $78,100.
BTC Price Chart
ETH Price Technical Analysis
Ethereum price is hanging at a crucial support level ahead of the nonfarm payrolls data. It is trading at $2,190, a few points above the key support level at $2,123, the lowest swing on February 3, September, 6, and August 5 last year. That is a sign that there is an indecision among bulls and bears, with bears being fearful of going short below that level.
The most bearish Ethereum price forecastwill be confirmed if it drops below the year-to-date low of $1,996. A drop below that level will confirm the triple-top pattern that formed on the weekly chart and point to more downside. A bullish view will be confirmed if it moves above $2,553, the highest swing on May 2.
ETH Price Chart
XRP Price Technical Analysis
Like Bitcoin, XRP price does not have a well-defined trend ahead of the nonfarm payrolls data. On the daily chart, there are signs that it has formed a head and shoulders pattern, a popular bearish sign.
XRP Price Chart
This pattern means that the Ripple price predictionis bearish as long as it remains below the right and left shoulders at $2.90. This means that Ripple may crash below $2 as that CoinGape article predicted.
The internet is ablaze once again, and this time, Elon Musk struck the match.
With a single tweet featuring Captain America Pepe, Musk reignited meme mania across the crypto landscape. Within hours, the original $PEPE token skyrocketed by over 18%, reminding us all that when Elon tweets Pepe, it’s more than just a meme — it’s a buy signal.
But what if this wasn’t just a repeat of the last meme cycle? What if this tweet was the starting gun for the next major meme coin movement?
Enter InfluencerPepe ($INPEPE)—a meme coin built on hype and designed to power the $48 billion influencer marketing industry.
The Meme Coin With Real Utility: InfluencerPepe ($INPEPE)
Elon Musk once famously said: “Who controls the memes controls the universe.”
Now, in 2025, a new version of that truth is emerging: “Who controls the influencers controls the internet.”
InfluencerPepe aims to do both.
While the original $PEPE token has cemented itself as a cultural icon with a $3 billion market cap, InfluencerPepe is setting out to carve an entirely new niche — by becoming the official meme coin of the influencer economy.
What Makes InfluencerPepe Different From $PEPE?
Classic PEPE has its place — but InfluencerPepe (INPEPE) is taking things to the next level.
Here’s how:
Not just a meme — It’s a full crypto ecosystem targeting the $48B influencer space
Built for creators, brands, and agencies
Solves real-world problems like delayed payments, high middleman fees, fake followers and fraudulent deals.
First-ever meme coin designed for real utility in digital marketing
In short: InfluencerPepe isn’t just here for the memes — it’s here to monetize them.
From Presale to Potential 500x: The Numbers Speak
Let’s put it in perspective:
$PEPE hit $3 billion
$INPEPE is still in the presale phase
The total addressable market? Massive
InfluencerPepe (INPEPE) is still under the radar — but not for long. Early-stage investors are calling this a potential 500x gem, and the fundamentals support the hype.
This isn’t financial advice, but the signs are clear. This could be one of the biggest breakout meme coins of 2025.
Crypto Media Can’t Stop Talking About It
Top crypto news outlets have already picked up the scent. Here’s what they’re saying:
More Than a Token: A Full Creator Economy Platform
InfluencerPepe isn’t just another meme coin — it’s building an entire ecosystem.
Here’s what’s in the pipeline:
A platform for brands to launch and manage influencer campaigns
Monetization tools for creators, streamers, and content influencers
Passive income models for investors and stakers
A Web3 hub connecting memes, marketing, and media like never before
This is the first meme coin that bridges the gap between virality and value, with real products and real demand behind it.
The Bottom Line: Don’t Just Watch — Join the Movement
Elon’s tweet wasn’t just another viral moment — it was a spark.
And InfluencerPepe (INPEPE) is the flame that could light up the 2025 meme coin run.
If you’re serious about staying ahead of the curve, this is the project to watch — and possibly the presale to enter. Whether you’re a creator, investor, or just a fan of the culture, $INPEPE is the coin that connects all the dots.
The post Elon Musk Tweets Captain America Pepe — and Influencer Pepe (INPEPE) Is Set to Lead the Meme Revolution appeared first on Coinpedia Fintech News
The internet is ablaze once again, and this time, Elon Musk struck the match. With a single tweet featuring Captain America Pepe, Musk reignited meme mania across the crypto landscape. Within hours, the original $PEPE token skyrocketed by over 18%, reminding us all that when Elon tweets Pepe, it’s more than just a meme — …
