Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
In the latest cryptocurrency market update, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Pepe (CRYPTO: PEPE) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends. What Happened: According to data, Bitcoin is testing a key technical formation that could reverse its recent bearish trends.
Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.
AI agent tokens and meme coins both took a hit in Q1 as the broader crypto market fell 18.6% from market peaks in January. But both sectors dominated the crypto narratives over the same time period.
Ava Labs President John Wu discusses Avalanche's accomplishments in bringing TradFi and gaming enterprises onchain.
Pepe (PEPE), one of the most recognized meme coins, is showing early signs of a bullish reversal, mirroring a recent setup seen in Solana. The token has broken above its 50-day Exponential Moving Average (EMA), a critical resistance level that historically marks the start of upward trends.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
The price of Avalanche (AVAX) has halted its fall above the $15 support.
Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.
PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high
PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.
PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.
Operation Avalanche showcased how the Secret Service worked across borders with Canadian law enforcement and blockchain analysts to disrupt a sophisticated $4.3M Ethereum phishing operation. The joint effort identified compromised wallets and alerted victims before additional assets could be stolen. The post Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” appeared first on Cryptonews.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
PEPE is up by double-digits in the past week.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.
Bitcoin slips to $83,380 amid conflicting global signals. Meliuz embraces BTC as a treasury asset, while China quietly offloads holdings. Ripple CEO sees $200K ahead. The post Bitcoin Drops to $83,000 — China Sells, Meliuz Stacks 45 Coins appeared first on Cryptonews.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
The cryptocurrency market is more than just a buzzword today—it's become an essential part of the global financial ecosystem. With innovation constantly unfolding, there's an undeniable wave of excitement and possibility in the crypto space.
The altcoin space is buzzing as Bitcoin teases a break past the $85K resistance, trading at $85,939. Frog-themed PEPE flashed bullish signs after consolidation, hinting at an October-style rally that saw it gaining over 100%.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
For PEPE, as with other memecoins, hype may be a double-edged sword.
PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart.
Top gainer, rising demand, breakout setup — is $0.34 FET's launchpad for a high-conviction R/R play?
Avalanche displayed impressive performance in the past seven days, gaining over 35% to hover at $20 during this publication. The bullish outlook emerged as the protocol's total value locked (TVL) bounced back in April, ending the downtrends that dominated since early January. The shifting sentiments have sparked debates about AVAX's potential price recovery.
Avalanche's 16% weekly surge and VanEck's ETF filing boost investor confidence as price targets $30 with rebounding DeFi ecosystem activity.
The Tokyo-listed investment firm said it bought an additional 319 BTC, bringing its total holdings to 4,525 BTC.
Meme coins remained under pressure this month as market participants watched the ongoing trade war between the US and China. Bitcoin price was trading at $84,000 on Monday, while the market cap of all coins remained at $2.7 trillion.
Avalanche surged 16%, with TVL recovery and a potential breakout toward $30 resistance in sight.
Is a profit-taking dip looming just beneath the surface?
The price of Avalanche (AVAX) is trading at the bottom of the chart as it has touched the $15 support twice.
The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.
Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
Balancer has deployed its v3 protocol on Avalanche, marking another expansion into one of the fastest-growing DeFi ecosystems.
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
The SEC is set to list the VanEck Avalanche Trust, a new spot ETF. It would give investors exposure to the AVAX token without needing to buy or store it directly.
According to a document submitted on Thursday to the Securities and Exchange Commission (SEC), Nasdaq has requested a regulatory amendment to allow the listing of VanEck's Avalanche ETF. This request represents the latest step in a series of similar initiatives featuring some of the leading fund management companies, aiming to ride the wave of growing interest in alternative digital assets to Bitcoin and Ethereum.
Explore how Stacks (STX) enhances Bitcoin by enabling smart contracts and DApps, leveraging Bitcoin's security while expanding its functionalities through a unique layer-2 network.
The VanEck Avalanche ETF is one of a slew of funds proposed in recent months to track altcoins.
Avalanche (AVAX) soared to an intraday high of $18.75 after news of Nasdaq filing to list the VanEck Avalanche ETF, but it had pulled back to $17.73 at press time. While the price surge sparked excitement among crypto enthusiasts, the correction has raised questions about whether AVAX can breach the $20 mark.
Nasdaq filed a 19b-4 form on behalf of VanEck to list an eventual Avalanche (AVAX) ETF. The VanEck Avalanche ETF was filed in March, along with a proposal from Grayscale.