Societe Generale has announced plans to issue its USD-pegged stablecoin on the Ethereum and Solana networks. The bank’s crypto arm, Societe Generale-FORGE (SG-FORGE), made this announcement and revealed when this stablecoin would begin trading. Societe Generale Launches USD Stablecoin In a press release, SG-FORGE announced the launch of a new stablecoin, the USD CoinVertible, on
Kaito’s open interest has jumped 88.96% to $139.64 million, reflecting growing interest in the altcoin.
The bullish volume signals that most traders expect further price recovery.
Technical indicators on the 4-hour chart indicate $KAITO may be developing a bullish reversal pattern.
Kaito (KAITO) price surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges.Unlike the same week when it launched, Kaito token is part of today’s top gainers. In the last 24 hours, the price has reached $1.81 with a market cap of over $435 million.
KAITO Buying Pressure Surges
KAITO reached an all-time high of $2.92 days after the project airdropped tokens to qualified customers. In the last 24 hours, total Open Interest (OI) increased by 89% to approximately $140 million.
The total Open Interest (OI) is the value of all open positions in a contract. Because every trade involves a buyer and a seller, OI is always split 50/50 between longs and shorts.
It rises or decreases depending on the net open situation. A price increase combined with increased OI does not imply that there are more longs than shorts; rather, it indicates that buyers are more aggressive, which is a positive indicator.
Market Volatility and Bullish Momentum
On the 4-hour time frame, KAITO is forming a double bottom pattern at the $1.55 level, which is a significant bullish reversal pattern. The price has bounced back from the $1.55 support area, suggesting that bulls are fighting to defend lower levels. Nevertheless, the altcoin has stiff resistance at $2.028 indicated by the key indicators.
A break above $2.028 might initiate a rally toward $2.50 and $2.92 resistance levels.
Key Indicators Supporting Price Surge
The KAITO price chart is forming lower highs and lower lows, signaling a slight downtrend around $1.5536. The price may hold above $1.70, there is a chance of a reversal bounce towards $2.0.
Currently, it is approaching the 20-day moving average (BB Middle Band) of $1.90, which serves as modest resistance. The 50-day Simple Moving Average (SMA) around $2.02 is an important resistance zone. A breakout over this level could spark additional gains.
The price increase is accompanied by increased volume, reinforcing the positive trend. The $2.028 zone acts as immediate resistance, while a breakout could push prices toward $2.50, which is a 38% increase from the current price.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to view the market from the eyes of financial experts across TradFi and crypto. Given the more established financial channels, there is growing overlap, with Bitcoin (BTC) inadvertently benefiting from TradFi woes.
Crypto News of the Day: Max Keiser Says Bitcoin and Saylor Are the Future
Warren Buffett made the ultimate case for Bitcoin as the American investor considers stepping down as CEO of Berkshire Hathaway.
Pending board approval, Buffett could step aside at the end of the year, giving way for Greg Abel, vice chair of non-insurance operations, to become Berkshire’s new chief.
This revelation came at Berkshire Hathaway’s annual shareholder meeting on May 3, 2025, where Buffett also offered a stark warning about the long-term value of the US dollar.
He noted that every system eventually debases its currency. According to Warren Buffett, government decisions make paper money lose value over time.
“In the end, if you get people to control the currency, you can issue paper money, and you will,” Buffett told shareholders in Omaha.
Warren Buffett Slams US Fiscal Policy at Berkshire Hathaway Annual Shareholder Meeting
Without naming alternatives such as Bitcoin, the 93-year-old investor cautioned against holding assets denominated in a currency he said was systematically devalued by government policy.
“The natural course of government is to make the currency worth less over time… Some places devalue at breathtaking rates… it’s not evil, it’s just their job,” he added.
The investing icon said that if his late partner, Charlie Munger, had to choose a second area besides stocks, he would have gone into foreign exchange.
These remarks suggested an openness to non-traditional assets. Bitcoin advocate and broadcaster Max Keiser responded to the remarks in an interview with BeInCrypto.
Max Keiser interprets Buffett’s comments as a tacit validation of the thesis behind Bitcoin.
“Executive chairman and co-founder of MicroStrategy Michael Saylor is the Warren Buffett of the 21st century. He saw what Buffett described and built his strategy around it,” Keiser started.
“Warren Buffett built his empire on money printing. Most of his holdings over the years have been in banks, insurance companies, and financial services,” Keiser claimed.
In his view, Buffett benefited from having political leverage in Washington, particularly during the 2008 financial crisis. During this time, Keiser says, his [Buffett] investments in Wall Street institutions aligned with government-led rescue efforts.
Buffett’s Role During The 2008 Financial Crisis Is Well Documented
Michael Saylor, meanwhile, has taken a dramatically different approach. Under his leadership, MicroStrategy (now Strategy) began acquiring Bitcoin in 2020 as part of its corporate treasury strategy. The firm cited concerns about the long-term debasement of fiat currencies.
As of early 2025, the company holds more than 200,000 BTC, worth tens of billions of dollars at current market prices. A recent US Crypto News publication revealed one of Strategy’s latest Bitcoin purchases.
Buffett has long been critical of Bitcoin, famously calling it “rat poison squared” in 2018. However, some in the digital asset space have interpreted his recent comments about currency debasement as aligning with core arguments made by Bitcoin proponents.
Based on his remarks, the American investor and philanthropist is concerned about the US fiscal policy.
His comments allude that while he may not like Bitcoin, he clearly understands why it exists. Sentiment on X (Twitter) shows that community members took notice.
Responses suggest that if Warren Buffett understands money and its flaws manifested in fiat form, why does he not endorse Bitcoin as the solution?
“Warren Buffet talks about the virtues of Bitcoin without mentioning Bitcoin,” one user on X quipped.
Meanwhile, others hope Buffett’s prospective replacement as CEO will see the next Berkshire Hathaway chief to lead the company in a different direction, potentially adopting Bitcoin.
A spokesperson for Berkshire Hathaway did not immediately respond to a request for comment on Keiser’s remarks.
Elsewhere, and in line with Buffett’s statement about foreign exchange, QCP Capital analysts cite a remarkable 8% rally in the Taiwanese Dollar (TWD) on Monday.
They cite this as the TWD’s sharpest move in decades, alongside gains in other APAC currencies with strong current account surpluses. According to the analysts, speculation over a potential US-Taiwan trade deal drove this rally, as did insurer-hedging flows, pushing TWD’s 1Y NDF spread to its widest since 2008.
While Taiwan’s trade surplus supports the TWD, capital outflows have historically balanced it. This shift mirrors past foreign exchange dislocations like the 2023 JPY carry unwind.
For crypto, the move signals possible macro volatility ahead, with gold up 3% and BTC facing a binary path tied to global capital flows and trade diplomacy.
“In a market where correlations are fraying, FX may once again be the canary in the macro coalmine,” wrote QCP analysts.
Chart of the Day
US dollar index (DXY) performance year-to-date. Source: TradingView
The chart shows the US Dollar Index (DXY) trend from 2025, reflecting fluctuations in the value of the US dollar against a basket of major currencies. It indicates a downward movement from February to May, with a recent slight recovery.
Byte-Sized Alpha
Here’s a summary of more crypto news to follow today:
A new discussion draft introduces a framework to reduce market concentration and foster innovation. The bill clarifies jurisdiction between the SEC and CFTC, emphasizing decentralized systems and providing regulatory clarity for digital asset markets.
Investors in SUI and POL are beginning to rotate into Codename quietly:Pepe, an emerging AI-powered meme coin gaining momentum. The shift appears driven by Codename:Pepe’s innovative use of AI to identify early trends, its strong presale performance, and growing community engagement. As SUI and POL show signs of slowing, investors seem eager to diversify into a project that blends cutting-edge technology with the viral energy of meme culture.
Codename:Pepe Introduces The Ultimate Intel & Trading Ecosystem
Codename:Pepe is designed to do what most crypto traders dream of — it will scan X and Telegram, deciphers on-chain movements, and even tap into insider signals to identify the next viral meme coin before it takes off. It then will generate forecasts and exclusive reports, giving holders access to early trading signals that could make all the difference.
Fully Automated AI-Trader
Why stress over market movements when AI can do the work for you? Codename:Pepe will feature a fully automated AI-trader that executes meme coin trades based on signals. Whether you want hands-free auto-trading or custom strategies, the system would ensure passive income potential with algorithmic precision.
At the core of this ecosystem is $AGNT, the project’s utility token. Holding it will give users access to the platform’s core features:
AI signals and automated trading, making it the core utility token
Exclusive DAO membership where holders shape the project’s direction
Staking with profit distribution, rewarding long-term holders
AI-Launchpad for launching new tokens with AI-driven insights.
$AGNT is currently offered at a discounted price as part of an initial coin offering. The presale in its 20th presale stage, priced at just $0.023809. With the next stage, the price will jump to $0.027777, and the project aims for an ambitious $1 listing price.
The first six stages sold out in days, signaling strong demand and limited time to grab tokens at a low price.
Operating on Ethereum Mainnet, $AGNT is beginner-friendly and accessible to all. Security isn’t an afterthought—Codename:Pepe has passed an audit by Pessimistic, a trusted smart contract security firm, ensuring a rug-free experience.
Codename:Pepe takes a new approach to asset management, aiming to bring real utility to AI-driven trading. With a structured presale, a growing community, and a roadmap focused on usability, it’s a project worth keeping an eye on. Right now, its native $AGNT tokens are available at a discounted price, offering an opportunity to get in early on what could become a leading player in the AI-crypto space.
The SUI token is the native cryptocurrency of the Sui blockchain. It gained notable traction in late 2023 and early 2024, with prices reaching $2.18 by March 27. Though the price experienced volatility, it rebounded in the autumn and hit an all-time high of $2.36 on October 14. The year ended with SUI reaching $5.35, attributed to a rise in Total Value Locked in its system, which exceeded $2 billion. The managing director of the Sui Foundation, Christian Williams, highlighted the ecosystem’s growth and the community’s role in its organic development.
As of early 2025, SUI exhibits fluctuating price predictions based on wave counts. Prices are projected to range from $2.40 to $3.60 by the end of 2025 and drop to a range of $1.03 to $1.27 by the end of 2026. Looking farther ahead to 2030, the projected price range is between $25 and $37. SUI facilitates transactions on Sui blockchain and can be staked for rewards. Mysten Labs, established by former Meta developers, launched Sui in 2023 to address some limitations of existing blockchain technology, focusing on speed and efficiency.
Polygon Network and POL Token Overview
Polygon, formerly known as Matic Network, is a platform designed to link various blockchains and enhance their scalability without compromising on decentralization. It serves as an improved Layer-2 scaling solution with cross-chain capabilities. Under its new branding, Polygon introduced the POL token, migrating from its original token, MATIC, to align with recent upgrades.
The migration process began in September 2024, aiming to support Polygon’s scaling solutions and better integrate its ecosystem. The POL token not only facilitates transactions but also rewards those who validate transactions across the network. Users have the option to buy, sell, and trade POL on various exchanges.
Polygon’s pricing forecasts for upcoming years depend on factors such as market adoption and technological development. By 2025, the POL token could see average prices around $1.50, potentially peaking at $2.50 if the market conditions are favorable. A lower support level of $0.60 might be observed during consolidation periods.
Looking further ahead to 2030, increased adoption could lead to an average price of $3.00, with a potential high of $5.00. These predictions are contingent on network maturity and the broader crypto market environment.
Conclusion
In summary, the migration of investors from coins like SUI and POL to Codename:Pepe signals a pursuit of greater short-term potential. While SUI and POL may have their merits, Codename:Pepe offers immediate opportunities by harnessing advanced intelligence to maximize profits.
Codename:Pepe crypto sets itself apart by utilizing AI to navigate the meme coin market, delivering predictive trading signals and automated trading capabilities. Its community-driven model, capped token supply, and exclusive membership in a specialized DAO provide investors with active engagement and the possibility of significant returns.
The post SUI and POL Investors Are Quietly Rotating Into Codename:Pepe — What’s Fueling This Shift? appeared first on Coinpedia Fintech News
Investors in SUI and POL are beginning to rotate into Codename quietly:Pepe, an emerging AI-powered meme coin gaining momentum. The shift appears driven by Codename:Pepe’s innovative use of AI to identify early trends, its strong presale performance, and growing community engagement. As SUI and POL show signs of slowing, investors seem eager to diversify into …