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The US Securities and Exchange Commission (SEC) is opting for a longer period to issue its decision on a proposal for a Grayscale Litecoin ETF. Amid the delay, Litcoin price has reversed its daily gains, shedding nearly 2% of its value. Grayscale Litecoin ETF Faces Another ETF Delay A fresh filing has revealed that the
The post US SEC Delays Launch Of Grayscale’s Spot Litecoin ETF appeared first on CoinGape.
Ethereum price surges past $2,000 as Trump’s trade deal and Pectra upgrade ignite bullish momentum across the crypto and global markets.
Ethereum price surged above $2,000 on Thursday to hit a 120-day peak, boosted by multiple bullish macro pointers. ETH now trades around $2,000 with a 10% daily gain, outpacing Bitcoin’s 3% rally which saw gains capped just below the $101,000 level at press time.
This divergence in ETH price and BTC performance can be attributed to unique internal dynamics within the Ethereum network updates and Trump’s trade deals igniting optimism across global financial marketrs.
Ethereum has outperformed Bitcoin in the last 24 hours due to a convergence of two powerful tailwinds.
On the macro front, Trump announced a landmark trade deal with the UK, boosting global market confidence. He also signaled more trade agreements are underway, while authorities in China also confirmed talks with the Trump administration over ongoing tarrifs.
Simultaneously, the Ethereum network underwent its long-awaited Pectra upgrade, leading to a rare situation where centralized exchanges such as Coinbase and Binance paused ETH withdrawals. This temporary freeze limited retail sell pressure precisely when bullish momentum returned to the market, creating a supply squeeze that pushed ETH ahead of Bitcoin.
The Pectra upgrade success, last week, Vitalik Buterin introduced a comprehensive roadmap aimed at fixing Ethereum’s key limitations within five years. This followed internal leadership changes at the Ethereum Foundation, signaling a renewed push for institutional-grade scalability and decentralization.
The timing of these developments, Pectra’s implementation, bullish macro news, and internal network confidence, has created a unique alignment propelled Ethereum price gains over Bitcoin during the market rally on Thursday.
Ethereum Tokens to Watch as Traders Bet $1.8 Billion on Trump’s Trade Deal and Ethereum Upgrades
Coingecko’s data shows that Ethereum ecosystem tokens attracted over $1.8 billion in trading volume over the last 24 hours, withe aggregate market cap approaching the $55 billion mark.
The standout performers are:
PEPE surged 17.0% to $0.00006, propelled by memecoin momentum and a resurgence in whale accumulation patterns.
Virtuals Protocol (VIRTUAL) advanced 21.0% to $1.62, buoyed by speculative inflows targeting emerging DeFi infrastructure projects.
Chainlink (LINK) climbed 9.4% toward the $15 mark, supported by rising cross-chain transactions, demand for tokenized assets and increased investor attention due to its association with Trump-backed Word Liberty Financial (WLFI).
AAVE rallied 10.6% to break above $187, signaling revived institutional appetite for Ethereum-based lending and borrowing protocols.
Beyond market catalysts, US domestic policy took a favorable turn for crypto. In the last 24 hours, Arizona, Oregon, and New Hampshire passed state-level cryptocurrency investment bills, offering legal clarity for retail and institutional investors.
Ethereum price breakout above the psychologically significant $2,000 mark on Thursday signals a decisive shift in market momentum.
The 14.49% daily gain combined with risk volume confirms strong bullish participation, with the candlestick clearly breaching the upper Bollinger Band—a sign of heightened volatility and aggressive buyer control. This move decisively pulls ETH out of its prior consolidation range, where price had been coiling between $1,800 and $1,900 for nearly three weeks.
Importantly, the Relative Strength Index (RSI) has surged to 73.07, placing Ethereum in technically overbought territory. However, overbought RSI levels during early-stage breakouts often validate strength rather than suggest immediate reversal, particularly when supported by strong volume and fundamental catalysts as obsereved in the past week.
The middle Bollinger Band (near $1,786) now serves as a dynamic support, reinforcing the breakout’s structural integrity.
Ethereum price forecast today remains bullish, provided ETH sustains above $1,990—the upper Bollinger Band.
A weekly close above this level may open the path toward $2,250. On the flip side, any pullback below $1,900 would suggest a failed breakout and invite profit-taking pressure.
The post Ethereum Price Analysis: Trump’s UK Trade Deal Sparks $1.8 Billion Demand for ETH, Chainlink and PEPE in 24 Hours appeared first on CoinGape.
Despite regulatory hurdles and listing concerns, a new report from TokenInsight shows that Binance is comfortably leading the CEX market. Increasing competition from MEXC and Bitget saw Binance’s market share drop 1%, but it still dominates more than one-third of the CEX trades.
The firm dominates in every metric that the report examined, from market share to public notoriety. It leads both in spot and derivatives trading volume and maintains the most stable ratio between the two of any CEX.
Binance suffered a few setbacks in this period, but it still comfortably leads the CEX market in a few key areas. Its token listings are not performing like they used to, prompting community backlash, and its potential ties with the Trump family are also raising concerns.
However, the exchange had a strong Q1 2025, as its trading volume continued to dominate one-third of the CEX market.
“Binance maintained its market-leading position in both quarters, with a trading volume of $9.95 trillion in Q4 2024. Due to market volatility, its trading volume in Q1 2025 was approximately $8.39 trillion. Binance continued to lead in market share, holding 36.5% in Q1 2025,” the report claimed.
In terms of total market share, Binance isn’t completely surpassing the CEX market. In fact, its control actually decreased by 1.38%.
No other exchange saw this level of decline, as Bybit only lost 0.89% after the infamous hack. Nonetheless, most of the biggest CEXs also declined slightly, and none of the growing exchanges managed to compete with its head start.
Binance accounts for nearly 36% of the CEX market share, but this isn’t its only advantage. It also leads in both spot trading and derivatives volumes, controlling 45% of the former and maintaining a 17% lead with the latter.
Additionally, TokenInsight determined that it had the most stable platform structure, keeping its ratio of spot to derivatives trading very consistent.
The firm also ranked number one in open interest market share, but this was its least comfortable lead. However, TokenInsight identified a few intangibles that significantly impacted Binance’s CEX performance.
In its list of noteworthy industry events for Q1 2025, Binance was mentioned more than any other exchange. In one such mention, Forbes listed it as one of the world’s most trusted crypto exchanges.
Overall, despite ongoing regulatory scrutiny in several different regions, the exchange seemingly holds a firm grip on the market.
The post Binance Dominated the CEX Market in Q1 with $8.4 Trillion Trading Volume appeared first on BeInCrypto.
The post Altcoin Season Might Start This Week – Here’s Why Crypto Traders Say So! appeared first on Coinpedia Fintech News
The Altcoin season-long wait might finally be over. Popular crypto trader Rogue Crypto believes that we’re on the verge of altcoin season as the crypto market cap just hits $3 trillion, with Bitcoin soaring to a 7-week high of $94,600 and other altcoins beginning to outperform BTC.
But what’s driving this belief, that altcoin season is just a week away? Let’s break it down.
According to Rogue Crypto, the “shakeout phase” is done, and altcoin season could start any moment now. After months of slow movement and fear in the market, there are now strong signs that the tide is turning. However, this is closely tied to recent political and economic moves by Donald Trump.
#Altseason Will Kick Off This Week — The Shakeout Phase is Over
We’re deep into 2025, still waiting for that long-anticipated altcoin season. Hopes were high after @realDonaldTrump’s inauguration last December and the 2024 #Bitcoin halving.
In the previous weeks, Trump’s… https://t.co/3TeSoJ4yv9 pic.twitter.com/mftBkGscdQ
— Rogue Crypto
(@RogueCryptoGOD) April 24, 2025
Trump’s new tariffs, talks with China, and pressure on the Federal Reserve are shaking global markets. While these actions are causing short-term struggles, they could force the Fed to cut interest rates and pump money into the system.
Meanwhile, the bond yields are surging past 4.4%, retail stores are struggling, and fears of a recession are growing.
One of the biggest signs Rogue Crypto points to is the Bitcoin Dominance chart (BTC.D). In past cycles, when Bitcoin’s dominance hit around 70%, it meant Bitcoin was topping out, and money started flowing into altcoins.
As of now, BTC dominance is still below that 70% level, currently at 64.43%. This means Bitcoin likely still has a bit more room to grow. But once it peaks, that’s usually when altcoins explode.
If we look back at past crypto cycles, in 2017 and 2020, Bitcoin dropped sharply before bouncing back and hitting new all-time highs. Rogue believes 2025 is following the same story: a big shakeout before the breakout.
Finally, Rogue highlights the M2 money supply, which shows how much money is flowing into the economy. When there’s more money, people invest more, and crypto usually pumps.
Right now, if the Fed adds more money to the system (because of Trump’s pressure), we could see a strong market push.
According to the Altcoin Index, it’s still Bitcoin season for now. Bitcoin is outperforming most altcoins, showing its dominance.
For it to be truly altcoin season, 75% of the top 50 coins would need to do better than Bitcoin over the past 90 days. However, the index currently shows that only 22 altcoins are outperforming Bitcoin.
The post Altcoin Season Might Start This Week – Here’s Why Crypto Traders Say So! appeared first on Coinpedia Fintech News
The Altcoin season-long wait might finally be over. Popular crypto trader Rogue Crypto believes that we’re on the verge of altcoin season as the crypto market cap just hits $3 trillion, with Bitcoin soaring to a 7-week high of $94,600 and other altcoins beginning to outperform BTC. But what’s driving this belief, that altcoin season …
