The meme market is in the green after Bitcoin's rejuvenation, causing frog meme coins to surge by 20%. Bitcoin is on a sustained growth, after recording a 12% boost over the past week, which brought it to over $94K at the time of writing this article.
Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70.
Pepe Coin shows bullish signs with price up 15% daily, whale accumulation increasing, and technical patterns suggesting a potential breakout above $0.00001.
A renowned crypto market analyst has predicted that Pepe Coin price is gearing up for a huge rally this Wednesday, April 23. Analyst James Wynn has forecasted that the frog-themed meme coin is eyeing a bullish breakout shortly ahead, given it clears short-term resistance at $0.00001 and thus $0.00001050.
PEPE has emerged as a preferred choice for traders, notching a 19% gain on the weekly while leading altcoin Ethereum logged a 1% loss.The onboarding of pro-crypto SEC chair Paul Atkins has helped revive risk-on sentiment, prompting fresh speculation over the best crypto to buy next.
Pepe Coin price could be on the cusp of a mega bullish breakout as technicals and fundamentals align. One PEPE token goes for $0.000008150 and has shown signs that it is bottoming.
Story Highlights The live price of the PEPE meme coin is . Pepe coin price could reach a maximum of $0.0000020375 in 2025. With a potential surge, the PEPE price may go as high as $0.0000213648 by 2030.
A Morgan Stanley analyst has issued a major warning that may impact risky assets, including stocks and cryptocurrencies such as Ethereum, Jasmy, Cardano, Kaspa, and PEPE. His statement came as these tokens attempted to bounce back. The Ethereum (ETH) price has risen to $1,575, a slight increase from the year-to-date low of $1,385.
PEPE could repeat history, but a few things are worth looking out for.
Pepe is encountering resistance, but this rejection could mark the beginning of a bullish continuation setup. Traders are watching for a potential higher low that may set the stage for a strong rotation to the upside.
Dogecoin (DOGE) and Pepe (PEPE) have rallied in the past 24 hours as meme coins appear to be ready to make a strong comeback based on how trading volumes are behaving.
Crypto tokens have started the week well, with Bitcoin and other top coins rising by over 1%. One reason for the rally is the rising probability that President Trump will remove Jerome Powell as Fed Chair.
Крипто пазарът приветства нов AI токен в предпродажба – MIND of Pepe (MIND). Докато популярният меме токен PEPE отбелязва над 10% ръст тази седмица, инвеститори с поглед в бъдещето се питат дали MIND of Pepe може да постигне ключови цели преди него и да го измести като водещия „жабешки“ токен в света.
The market sentiments, specifically with the memecoins, have been witnessing quick shifts, following the BTC price rally. Moreover, they attract more bullish and bearish activity compared to Bitcoin, keeping the next price action shady. Currently, the popular memecoins like Pepe, Fartcoin, FLOKI, etc., and a few more have been demonstrating significant strength.
Meme coins have been a hot topic of discussion in the crypto market ever since. Among many, Pepe Coin is one of the top meme coins that tapped the meme-driven hype; the Pepe Coin price grew exponentially.
The Pepe price has moved sideways this month and is showing signs of bottoming as supply on exchanges rises and whale accumulation intensifies. Pepe coin (PEPE) token was trading at $0.
PEPE shows bullish structure, but bearish signals hint at pullback.
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.
Converge Blockchain:- Carlos Domingo, founder and CEO of Securitize, has announced the next step for their new EVM blockchain, Converge. Announcing in a X post, CEO Dormingo said that the to-be launched blockchain will leverage Arbitrum and Celestia tech to develop their RWA-focused chain.
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.
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.
Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
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.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
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.
Due to regulatory pressure, Ethena GmbH, creator of dollar-backed stablecoin USDe, will end operations in Germany. BaFin is the German authority that enforces regulations.
PEPE is up by double-digits in the past week.
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens.
Ethena Labs, the company behind the synthetic stablecoin USDe, announced on April 15 the closure of its German entity, Ethena GmbH, and the withdrawal of the application for authorization under the European regulation MiCAR (Markets in Crypto-Assets Regulation). The decision comes following an enforcement action by the German financial supervisory authority, BaFin, which has ordered the company to cease the public sale of USDe in German territory.
Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods.
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.
Ethena Labs has agreed to exit the German market after regulator BaFin cited "serious deficiencies" with USDe compliance.
Ethena Labs is officially closing its German branch and EU operations after a previous MiCA application rejection. For the past month, the firm has been preparing to withdraw from this market.
Ethena Labs abandoned its MiCAR application and shuttered its German operations following enforcement action by BaFin. The synthetic stablecoin issuer migrated users to its British Virgin Islands entity, avoiding European regulatory hurdles. The case shows how MiCAR regulation reshaped Europe's stablecoin landscape, with concerns about USDe's yield-bearing variant potentially qualifying as a security. The post Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement appeared first on Cryptonews.
Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe's largest economy.Ethena Labs reached an agreement with Germany's Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of its local subsidiary, Ethena GmbH, according to an April 15 announcement. Source: Ethena Labs As such, Ethena Labs “will no longer be pursuing MiCAR authorization in Germany,” the company said, referring to the Markets in Crypto-Assets Regulation.
TL;DR Ethena reached an agreement with the German regulator BaFin to shut down its operations in Germany, transferring all existing users to its entity in the British Virgin Islands. The decision follows a warning from BaFin about “serious deficiencies” in Ethena's USDe token. The price of the ENA token has dropped by 5.
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.
In a surprising development, decentralized finance (DeFi) protocol Ethena Labs has announced via its official X account that the firm has reached an agreement with German watchdog BaFin to end operations in the country. The company also announced that it is withdrawing its MiCAR application in Germany.
Ethena Labs (ENA) announced it would no longer pursue MiCA authorization for the German market, instead stopping all minting and redemption activity for USDe originating with Ethena GMBH.
Ethena Labs, the team behind the synthetic stablecoin USDe, announced it has shut down its German subsidiary, Ethena GmbH. Ethena Labs will also no longer pursue regulatory approval under the EU's Markets in Crypto-Assets Regulation.
Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
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%.