برچسب: Price

  • MicroStrategy Founder Michael Saylor Sees $21M $BTC Price 21 Years From Now

    MicroStrategy Founder Michael Saylor Sees $21M $BTC Price 21 Years From Now


    Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.

    Michael Saylor, the founder of business intelligence and analytics platform Strategy, which was formerly MicroStrategy, has significantly raised his long-term $BTC price prediction, forecasting that that asset could reach $21 million per coin by the year 2046.

    Michael Saylor’s New Prediction

    Speaking during a keynote at the BTC Prague 2025 conference, Saylor cited major geopolitical shifts, regulatory developments, and accelerating crypto adoption as reasons behind his bold projection.

    “I think we’re going to be $21 million in 21 years. It’s a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million.”

    Michael Saylor, Executive Chairman, Strategy

    According to Saylor, his bullishness on the first-ever crypto in space points to the surprising changes over the past year, including stronger support for $BTC from the U.S. government. He called it an “extraordinary development,” linking it to President Donald Trump’s return to office, which he said marked a major shift in political views on crypto.

    He also cited growing momentum behind U.S. crypto legislation, referencing three major bills: the GENIUS Act, the Digital Asset Market Clarity Act, and the Bitcoin Act.

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    Saylor described the pace of progress as “something nobody guessed, no one conceived of a year ago.”

    Previous $BTC Predictions

    His new estimate is a notable increase from his previous forecast of $13 million by 2045, made at the Bitcoin 2024 conference in Nashville.

    Just this month, Saylor also expressed his belief that the asset will reach $1 million by 2033, driven by institutional adoption and a shrinking supply due to halvings.

    In May, he predicted that the current “digital gold rush” for $BTC will end by January 7, 2035. He urged investors to accumulate $BTC before this deadline, citing rising demand and limited supply as key factors.

    Despite the asset’s total supply being capped at 21 million until the year 2140, Saylor shared that he believes that meaningful accumulation opportunities will end much sooner due to increasing interest from institutions, governments, and retail investors.

    Looking even further ahead, he predicts that $BTC could eventually reach a $500 trillion market cap, translating to a price of around $23.8 million per token.

    On the other hand, speaking at the 2025 Bitcoin Conference in Las Vegas last month, he emphasized that growing institutional adoption strengthens $BTC’s value and security.

    Saylor predicted Bitcoin will reach $1 million per coin once Wall Street owns 10% of the total $BTC supply, pushing the market cap to $20 trillion. 

    Accordingly, the Strategy executive believes it will become exponentially harder to buy Bitcoin as demand from corporations and governments surges, calling it “the most explosive idea of the era.” 

    Strategy’s $BTC Holdings

    According to Bitcoin treasuries tracker Bitbo, as of June 16, 2025, Strategy holds 592,100 $BTC, or approximately 2.82% of the total asset’s supply, acquired at an average price of $66,384.56, with a total investment of $33.14 billion.

    The company’s recent purchasing activity includes:

    • May 26, 2025: 4,020 $BTC for $427.1 million
    • May 19, 2025: 7,390 $BTC for $764.9 million
    • May 12, 2025: 13,390 $BTC for $1.34 billion

    While the company has not disclosed specific details about how it stores its $BTC holdings, Saylor previously expressed concerns over releasing proof-of-reserves due to security issues. Nonetheless, Strategy leads all public companies in holdings, with nearly 600,000 $BTC, a stake worth over $60 billion, and continues to aggressively expand its position.

    In contrast, an analyst recently warned that Strategy could face a financial crisis similar to the collapse of the Grayscale Bitcoin Trust. 

    He highlighted that Strategy’s reliance on its market net asset value makes it vulnerable, especially as $BTC becomes more accessible and its stock token, $MSTR, loses appeal as a $BTC proxy. The analyst also flagged $MSTR’s $8.2 billion in convertible debt as a major risk.

    If the company’s stock does not appreciate enough for bond conversion, Strategy may be forced to repay in cash, likely by selling $BTC, according to the analyst. 

    This article is published on BitPinas: MicroStrategy Founder Michael Saylor Sees $21M $BTC Price 21 Years From Now

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  • BNB Price Hits $600 As BNB Chain Dominates USDT Transactions


    Binance BNB Chain is calmly commanding attention. In the last month, it has emerged as the top pick for users using USDT (Tether), the world’s most trending stablecoin. With around 12 billion active wallets, at present, BNB Chain has outpaced other major competitors like Ethereum and TRON. 

    So, why are so many users choosing BNB Chain? Let’s take a look.

    BNB Chain Achieves 12M Active USDT Addresses

    According to recent reports from CryptoRank, around 31.1 million wallets used USDT on different blockchain networks in the past 30 days. 

    Among all of these, BNB Chain took the lead with almost 12 million active addresses, surpassing every other network. This indicates that most of the users are selecting BNB Chain for their daily exchanges. It is very fast, features low charges, and is simple to use; it perfectly meets user expectations when transmitting and collecting stablecoins like USDT. 

    TRON took second place with 11.2 million active addresses, which remains a significant number. TRON has consistently been a favoured option for stablecoin exchange. Polygon followed with 2.6 million active addresses, and Ethereum came next with 1.8 million.

    Even though Ethereum used to be the most popular network, its high fees and slow transactions are making users look for cheaper and faster alternatives. Solana and Arbitrum had less than 1 million active addresses each, meaning they are growing, but still not as popular as the top networks.

    BNB Token Burn Scheduled for This Quarter

    As BNB Chain sees more USDT activity, it has also finished its 31st token burn. In this burn, 1.57 million BNB tokens, worth around $916 million, were taken out of circulation.

    This burn is clearly part of BNB’s strategy to gradually reduce its total supply and enhance the token’s worth. At present, the total supply of BNB is approximately 139.3 million, with above 40 million tokens remaining to be burned.

    BNB Price Predictions: What’s Ahead

    After observing the BNB price, at present it is trading at $604, indicating a slight 2% gain as big investors keep buying, even when the market goes up and down. 

    Although the price is staying the same, at present, the overall market trend for BNB seems neutral. The RSI (Relative Strength Index) is at 48.57, meaning the token is not indicating clear signals of rising or falling yet.

    On the other hand, if the RSI (Relative Strength Index) reaches over 50, it could be a clear signal that buyers are steadily gaining dominance, and BNB may be set for a more significant move.

    Read also:- Lazarus Group’s $1B Crypto Trail Tracked by Bybit

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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  • Ethereum Faces Internal Shift But Price Stays Flat at $1600

    Ethereum Faces Internal Shift But Price Stays Flat at $1600


    YEREVAN (CoinChapter.com) — Ethereum price continues to stay at March 2023 levels, trading near $1,600 as of April 20, 2025. Despite community activity and changes within the Ethereum Foundation, there has been no major breakout.

    David Hoffman from Bankless said on April 19 that “the Ethereum ship is slowly turning around.” He claimed the shift began more than six months ago. His comment comes as Ethereum faces internal restructuring and attempts to improve scaling.

     Ethereum Strategic Pivot Visual. Source: Bankless
          Ethereum Strategic Pivot Visual. Source: X

    Uniswap founder Hayden Adams also joined the public discussion, focusing on Ethereum scaling and the ongoing roadmap debate. At the same time, the Ethereum Foundation has added new leadership roles.

    Ethereum Foundation Faces Leadership and Culture Shift

    The Ethereum Foundation experienced leadership issues earlier in 2025. Some developers left, while fear, uncertainty, and doubt (FUD) increased online. However, Ethereum still supports decentralized applications, stablecoins, real-world asset tokenization, and DeFi systems.

    David Hoffman pointed to six areas of internal change. First, the Ethereum Foundation has adopted a more active role by naming new co-executive directors. Second, it is shifting from a protocol-first to a product-first approach. Third, Ethereum developers plan to scale layer-1 by increasing gas limits tenfold over two years.

    Fourth, there is now broader participation in roadmap talks. Hoffman noted that Ethereum is opening up its “Ivory Tower” by including more voices in decision-making. Fifth, Ethereum is now focusing on interoperability and better integration between layer-1 and layer-2 networks. Sixth, roadmap cycles have become shorter, with a faster pace for protocol upgrades.

    Ethereum Foundation researchers Ansgar Dietrichs and Dankrad Feist confirmed in a recent podcast that the group is trying to help coordinate these changes. Hoffman said,

    “Parts of the Ethereum community have been pushing for this shift, while others have been resisting it.”

    He also said,

    “Ethereum is a big tent that holds space for many different voices.”

    Ethereum Scaling Debate: Hayden Adams Warns Against Mixed Strategies

    Hayden Adams added his thoughts on Ethereum scaling. He said,

    “I’m all for scaling improvements to L1, the rollup-centric roadmap actually requires it.”

    Adams said Ethereum should not rely solely on layer-1 for DeFi support, especially when other platforms like Solana offer strong scaling models.

    He argued Ethereum should stick to its existing rollup-centric layer-2 scaling approach. According to him, switching between strategies could create uncertainty.

    “People need to pick a lane and attempt to mitigate the risks associated with it vs scrambling to shift narratives and strategy every month,”

    Adams said.

    Hayden Adams on Ethereum Scaling. Source: X @haydenzadams
    Hayden Adams on Ethereum Scaling. Source: X @haydenzadams

    He also disagreed with the idea of using every possible scaling solution. He said doing everything at once could cause more problems than staying on a single path. “Just do every approach” is “probably the only thing worse than not picking an approach,” he said.

    Ethereum Roadmap Adjustments Do Not Reflect in Market Price

    Ethereum price remains around $1,600, showing no reaction to recent leadership changes or roadmap updates.

    While the network still supports most DeFi activity and real-world asset tokenization, its market value has not moved. Despite several public statements and structural adjustments, trading levels have stayed flat in recent weeks.

    Ethereum Price Stalls Near $1600. Source: TradingView
    Ethereum Price Stalls Near $1600. Source: TradingView

    Ongoing discussions continue to influence Ethereum’s development, but those changes have yet to affect price action.



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  • Dogecoin Price Analysis: False Breakout Could Trigger Rally, Despite Bearish Indicator


    A well-known cryptocurrency expert anticipated an upward trend for Dogecoin on Tuesday, after a false breakout in the dog-themed memecoin’s trend. 

    What Happened: A user on X named Trader Tardigrade, who is known for being very positive about Dogecoin, noticed that the coin made a fake breakout for the first time since December 2024.

    “It is remaining above the support zone for days, verifying the traits of a failed breakout,” the chartist mentioned. “A new DOGE rally could start from this failed breakout.” 

    False Breakout in Dogecoin

    False breakouts happen when the price moves in a way that makes traders assume that a trend is changing, but then quickly reverses, causing big price changes in the reverse direction. In this example, Trader Tardigrade pointed out that Dogecoin stayed above the support level of $0.153, which led them to predict a price turnaround and a potential rise.

    dogecoin price analysis

    The positive outlook was reflected in DOGE’s future market as well. Around 55% of Binance traders with open DOGE positions were in the market, indicating anticipation for a recovery, according to the Coinglass data. 

    On the other hand, the Awesome Oscillator, a popular tool for tracking market momentum by comparing recent and past price movements, showed a “Sell” signal for Dogecoin, according to TradingView. Also, the Relative Strength Index, which helps identify whether a market is overbought or oversold, was showing a “Neutral” signal at the time.

    Why It Matters: The predictions surfaced as Dogecoin dropped overnight on Tuesday; the drop came during a wider market correction as the cryptocurrency market followed the stock futures, which dropped when news came out that China had imposed new restrictions on Nvidia’s chips.

    According to IntoTheBlock, High-value transactions worth above $100,000 surged 41% in the past 24 hours, while the daily engagement address count increased 35%. 

    Price Action: At the time of reporting, Dogecoin was transacted at $0.1558, which dropped 2.45% in the past 24 hours. So far this year, the meme coin has fallen by 51.96%.

    Read also:- Mantra CEO Commits to Burning $236M in Tokens After OM Price Plunge

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing. 

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  • SUI Price Predication: Will SUI Hit $5?


    Main Takeaways:-

    • SUI stablecoin supply rises to $746.81M, a 99.82% Growth Year-To-Date, enhancing network liquidity and prospective development.
    • According to experts, SUI’s chart pattern indicates breakout potential, with a possible breakout above $2.90, aiming for $5.
    • SUI remains steady above $2, even with a 7.38% monthly drop, backed by a bullish RSI recovery and recent developments in Greece partnerships.

    SUI’s Stablecoin Supply Hits $746.81M Mark

    Significantly, the SUI blockchain reached its maximum stablecoin supply when it surpassed $746.81 million in worth. According to recent Year-To-Date (YTD) information shared by Torero Romero on X, SUI revealed a significant 99.82% increase in stablecoin supply.

    sui stablecoin supply

    In consequence, stablecoin supply growth has enhanced network liquidity, hence establishing stability along with growth opportunities.  Because of more liquidity, SUI is ready to handle bigger transactions, which will bring in more users and attract new investors and stakeholders. 

    Also, as the supply of stablecoins grows, it will help all network activities, including decentralised apps and smart contract operations.

    Wedge Pattern Suggests a Possible Price Breakout

    Even more, the SUI price has currently developed a wedge formation pointing to a potential price breakout. 

    SUI crypto has displayed price stability at $2, even with a 60% price adjustment. Significantly, wedge formation developed during the market stabilisation phase when prices move towards two lines that get closer to each other.

    SUI Price Predication: Will SUI Hit $5? 1

    The price shift after the breakout of this formation generally results in a strong trajectory change that may be both higher and lower.  Also, SUI crypto’s Relative Strength Index shows signs of price recovery as the token moves from being overbought back toward neutral levels.

    The drop in downward momentum indicates that SUI crypto tokens might be positioning for an upcoming upward trend. The maintaining support at the $2 level shows increasing optimism about SUI’s possible surge above the $3 price target.

    SUI Price Maintains $2 Support Amid Monthly Decline

    On the other hand, SUI crypto price has dropped by 7.38% but has managed to hold the important $2 support level. The token’s sustainability at this price level highlights its strength to withstand overall market volatility.

    SUI Price Predication: Will SUI Hit $5? 2

    After four successive downward candlesticks, a small upward candle appeared, suggesting a potential change in market direction. In this situation, the expected price action is likely to create a bullish trend that may exceed the resistance barrier at $2.90.

    A crypto expert, CryptoWZRD has observed that if the price surpasses this level, it could show a major market surge, potentially driving the token towards the $5 mark.

    SUI Crypto Price Strengthened by Greece Partnership

    In a different update, SUI made a key blockchain advancement by partnering with Greece’s National Stock Exchange. The strategic alliance marks a significant step forward in SUI’s growth strategy while building trust in the network and creating more practical uses in the real world.

    In addition, the growing interest from institutions in the SUI blockchain, shown by this partnership, points out the positive effects that could increase the token’s market value.

    At the time of reporting, the SUI crypto price was trading at $2.14, indicating a 0.97% surge in the last 24 hours. The price shortly tested the resistance level at $2.12 before undergoing slight variations, indicating a holding pattern at present levels.

    Read also:- Deep Analysis: What Triggered the OM Sell-Off

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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  • Bitcoin Price Remains Stable: Trump Warns Of Removing Federal Reserve Chairman Powell


    Major cryptocurrencies remained unchanged on Thursday as President Donald Trump warned of removing Federal Reserve Chair Jerome Powell due to postponed monetary easing steps. 

    What happened: Bitcoin swung between the surging $83,000s and initial $85,000s, with trading volumes dipping by more than 25% from the last day. 

    Ethereum hit a peak of $1,615.30 but was unable to sustain the advance, dropping back to the $1,500 range.  The low-volatility trading day saw $126 million exit from the cryptocurrency market, with a closely equal volume of long and short positions wiped out.

    Above $278 million was exited from the market in the past 24 hours, with bullish trades contributing to $160 million. 

    Even though Bitcoin’s price stayed mostly the same, the number of open positions increased by 4.45% in the last 24 hours. This could lead to more price movement and a breakout in either direction in the next few days.

    According to the Long/Short ratio, approximately more than 54% of Binance futures traders were positioned against the top cryptocurrency. 

    According to the Crypto Fear and Greed Index, the market mood is still in the instability zone. 

    The total market value of worldwide cryptocurrency amounted to $2.67 trillion, after a slight rise of 0.82% in the past 24 hours. 

    Stocks had mixed results on Thursday. The Dow Jones dropped 527.16 points, or 1.33%, finishing at 39,142.23. The Nasdaq, which includes many tech companies, fell by 0.13%, ending at 16,286.45.

    The only positive outcome was the S&P 500, which surged 0.13% to 5,282.70 at the session’s end. 

    These changes happened after Trump said he might fire Powell if interest rate cuts were not made soon, following the Fed Chair’s warning the day before about inflation caused by tariffs.

    A fed chair can only be dismissed for cause, which in the past was viewed as wrongdoing or incompetence rather than policy differences. The New York Stock Exchange and Nasdaq will both be shut on Good Friday. 

    Expert Notes: A well-known blockchain data analysis company, Glassnode, said that as Bitcoin’s realised market value, or the worth of a single coin based on the price it was at the last step, was at its peak time, monthly growth had reduced to 0.9%. 

    “This shows that although money is still coming in, investors are becoming less interested, which suggests ongoing caution and risk aversion,” Glassnode added.

    Popular cryptocurrency expert Rekt Capital pointed out that Bitcoin rose above the downward trendline but is still below the 50-day moving average.

    “Bitcoin (BTC) wants to daily shut above the green resistance [$85,049] & test it again as support before pushing higher”, the expert anticipated.

    Read also:- Ondo Finance Crashes 60% Amid $650B Loss in Altcoin Market

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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  • Shiba Inu Price Prediction: Can SHIB 10x Again or Will Ozak AI Steal the Spotlight With $1M Raised?

    Shiba Inu Price Prediction: Can SHIB 10x Again or Will Ozak AI Steal the Spotlight With $1M Raised?


    Crypto markets in 2025 are evolving fast, with investor attention shifting from meme coins to utility-driven projects. Shiba Inu (SHIB), once the face of meme coin mania, still maintains a loyal community. However, newer projects like Ozak AI are gaining ground rapidly. With Ozak AI recently surpassing $1 million in presale funding, many are now wondering whether SHIB still has the power to 10x—or if Ozak AI is about to steal the spotlight entirely.

    Youtube embed:

    $1 Target Set for OZAK, Buy OZAK AI at $0.003 is The Best Altcoin investment of 2025

    SHIB’s Struggle to Reignite Momentum

    Shiba Inu had a historical run in 2021, turning small investments into millions and carving out a space along Dogecoin. But because the novelty of meme coins fades, SHIB has struggled to regain its former explosive momentum. Trading at fractions of a cent, the token would require a enormous surge in market cap to 10x from its modern position—a feat that would area SHIB many of the maximum valuable assets in the market once more.

    While the SHIB development team continues to introduce new features like Shibarium and metaverse integrations, adoption has been relatively slow. And in a market now hungry for innovation and real-world utility, SHIB’s meme-driven appeal may not be enough to satisfy investor expectations in the upcoming bull run.

    Ozak AI’s $1M Milestone Sends a Clear Signal

    While SHIB works to recapture past glory, Ozak AI is carving a fresh path powered by artificial intelligence—a sector that has grown exponentially in both tech and crypto. In its third presale stage, Ozak AI has already raised over $1 million, signaling significant early support from both retail and institutional investors.

    Ozak AI isn’t just riding the AI hype wave—it’s building decentralized infrastructure designed to integrate AI solutions into smart contracts, data analytics, and DeFi applications. This blend of blockchain and machine learning technology gives Ozak a compelling use case that aligns with where the market is heading.

    What’s attracting attention is the token’s presale price: just $0.003. With analysts forecasting a potential surge to $1 in the next cycle, early backers could see returns exceeding 300x. That kind of upside dwarfs the 10x goal many SHIB holders are hoping for.

    Which One Will Lead the Next Rally?

    If SHIB were to be 10x from its current price, it would still fall short of the potential gains Ozak AI presents from its early presale levels. SHIB’s established community and brand recognition could give it another run, especially if meme coins see a revival. But fundamentally, Ozak AI offers more than just speculation—it delivers on utility, future-forward technology, and growing demand.

    Moreover, Ozak AI’s rapid traction during a generally bearish period in crypto suggests strong fundamentals. Raising $1 million during presale amid broader market uncertainty is a sign that big investors are already placing their bets.

    Shiba Inu remains a beloved name in crypto, but its path to another 10x isn’t guaranteed. Meanwhile, Ozak AI is gaining serious momentum, raising over $1 million and positioning itself at the intersection of AI and blockchain—arguably two of the most exciting sectors for 2025. As investors search for the next big opportunity, Ozak AI may very well outshine SHIB with its potential to deliver 300x returns from current levels.

    About Ozak AI

    Ozak AI is a blockchain-based project that provides a technology platform that specializes in predictive AI and advanced data analytics for financial markets. Ozak AI helps crypto investors and businesses in decision-making by providing real-time, accurate, and actionable insights through machine learning algorithms and decentralized network technologies. 

    For more visit:

    Website: https://Ozak.ai/

    Telegram: https://t.me/OzakAGI

    Twitter : https://x.com/Ozakagi

    Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.



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  • PEPE Watch: With Retail Buying And Whale Patience, Is A Price Surge Coming?


    Main Takeaways:-

    • Pepe’s retail-led collection surged, but large investor movement and network growth continue to be muted.
    • Liquidation clusters and the moving average crossover hinted that prices might keep going up in the short term.
    • Pepe [PEPE] recorded a major collection event after a group of five wallets acquired 611 billion tokens worth about $4.28 million in under eight hours. 

    At the reporting time, the memecoin was trading at $0.00000711, surged 1.57% in the past 24 hours. 

    As expected, this focused buying sparked new talk about what PEPE might do next. But to understand the chances of a breakout, we need to take a closer look at both on-chain data and technical indicators.

    As expected, this heavy buying started new discussions about what PEPE might do next. To understand if it could break out, we need to look more closely at data from the blockchain and market charts.

    Retail Returns, But Where Are the Whales?

    On-chain activity indicates that retail interest is slowly making a comeback. 

    In the last week, active accounts surged by 0.47%, indicating a moderate growth in network participation. However, new accounts declined by 6.78%, suggesting slow user expansion. 

    In addition, there was a 67.4% surge in transactions worth below $1, strengthening the concept that smaller traders are collecting. 

    pepe whales

    On the other hand, increased trading activity like the $10k–$100k range dropped more than 23%, which suggests that whale involvement has not recovered significantly yet.

    The volatility, which was extremely high before, has started to calm down.

    With Chart Breakout and Reduced Volatility, Is PEPE Ready for Action?

    Market fluctuations have calmed significantly in the past few days.

    PEPE’s 30-day fluctuation decreased from 146.13% to 115.24%, indicating a change from high instability to more stable price activity. 

    This decrease usually happens before big price movements, as market pressure increases during periods of stability.

    From a technical analysis, PEPE surpassed its recent downward channel and regained the $0.00000700 level. The 9-day and 21-day moving averages are getting closer and might cross each other soon, suggesting a possible upward trend.

    Short-term resistance stood at $0.00000737. if this zone surrendered, $0.00000884 would be next in the sequence. On the other side, $0.00000698 stayed the crucial support, maintaining the upward bias as long as it stayed above. 

    pepe chart

    Whale activity shows a combination of signs, both positive and negative. In the last 30 days, major holders’ contributions declined by 74.15%, showing decreased buying by large investors. 

    On the other hand, outflows also dropped quickly by 76.75%, indicating that whales are not withdrawing rapidly.

    Over the past 90 days, money coming in dropped a little by 7.05%, while money going out went up by 22.24%. This suggests some investors are taking small profits, but they are not selling everything.

    PEPE Watch: With Retail Buying and Whale Patience, Is a Price Surge Coming? 2

    Are Leveraged Bears Setting Up PEPE’s Breakout?

    In the financial contracts market, open interest dropped by 3.8% to $288.14 million, showing that traders are being careful and using less borrowed money.

    On the other hand, liquidation heatmap data from Bitget shows lots of short positions being closed in large numbers between those price levels of $0.0000074 and $0.0000076.

    If buyers succeed in driving the price past this area, forced buying could cause a strong price jump. This area with lots of liquidity might help push prices higher, as long as regular buying stays strong. 

    PEPE’s recent buying, price breakout, and lower price fluctuations show early signals of stability. However, the lack of whale activity and slower growth in new addresses suggest that overall confidence is weak.

    If buyers rise above $0.0000076, supported by trading volume, an increase could follow. For now, PEPE looks slightly positive, but it needs more signs of support from big investors to confirm the trend.

    Read also:- From the ‘Best Worst’ Quarter to Recovery: 4 Catalysts for Crypto in Q2

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

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  • Mantra Crash Fallout: Binance, OKX, and Bybit Address Price Drop and Insider Allegations

    Mantra Crash Fallout: Binance, OKX, and Bybit Address Price Drop and Insider Allegations


    After the crash of $OM, the native token of Mantra, a blockchain for real-world asset (RWA) tokenization, three international centralized crypto exchanges (CEXs) have issued statements on the issue.

    Short Background on the $OM Crash

    On April 14, 2025, Philippine time, $OM’s fiat value dropped by more than 90 percent within 24 hours, falling from approximately $6.30 to below $0.50, erasing nearly $6 billion from its market capitalization.

    According to Mantra co-founder John Mullin, the price drop was due to a “massive forced liquidation” on an undisclosed exchange. Meanwhile, the blockchain’s community lead, Dustin McDaniel, cited “reckless liquidations” as the cause of the collapse.

    But the explanation from the Mantra team did not convince the community, as posts on X alleged that the Mantra team or insiders sold off a large portion of the token’s circulating supply. Some even claimed that up to 90 percent was dumped.

    Crypto publication Cointelegraph also revealed on X on-chain data that showed $227 million in $OM was moved to exchanges ahead of the collapse.

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    There are also claims that some investors of Mantra moved their $OM assets from noncustodial crypto wallets to CEXs such as Binance and OKX.

    Statement of International CEXs on $OM Price Drop

    Binance

    In a post on X, Binance Customer Support said on the day of the crash that they were aware of $OM’s significant price volatility.

    The CEX further said it had implemented various risk control measures, including reducing the leverage levels for $OM since October 2024. In January 2025, Binance added a pop-up warning on $OM’s spot trading page to inform users that the token had undergone significant changes to its tokenomics, increasing its supply.

    “Our initial findings indicate that the developments over the past day are a result of cross-exchange liquidations. Binance constantly monitors leverage levels and makes adjustments according to market conditions for risk controls to help reduce volatility.”

    Binance

    Meanwhile, Binance founder Changpeng Zhao shared Cointelegraph’s on-chain data and said that while some people blame Binance for the $OM crash, he was sure that the big transfer of $OM from a wallet to exchanges “knows to avoid Binance.”

    The founder then suggested that CEXs should not have a listing process but instead provide access to all tokens, allowing traders to decide what they want to trade.

    OKX

    Also on the day of the $OM price drop, OKX said it had observed significant volatility of $OM and noticed substantial trading volume spikes and price declines across various CEXs outside of OKX.

    OKX then revealed that it conducted its own investigation using on-chain and internal exchange data:

    “Our investigation uncovered that several on-chain addresses have been executing potentially coordinated large-scale deposits and withdrawals across various centralized exchanges since Mar 2025.”

    Furthermore, OKX CEO Star Xu said the exchange would publish all reports regarding the incident.

    “It’s a big scandal to the whole crypto industry. All of the onchain unlock and deposit data is public, all major exchanges’ collateral and liquidation data can be investigated.”

    Star Xu, Chief Executive Officer, OKX

    To help its users, the exchange said it adjusted a number of platform risk control parameters to mitigate potential impacts, while announcing that certain tokens may experience significant changes in supply, which could result in considerable price volatility.

    A risk warning feature for the $OM trading page was also added to inform users of its increased volatility.

    ByBit

    Meanwhile, Bybit is not only at the center of the liquidity issue for $OM but also of the listing process of the token.

    Two hours before Xu said that OKX would post its investigation findings, an OKX enthusiast alleged that Bybit was going to schools and asking students to download the exchange’s app. Another allegation claimed that Bybit encouraged KOLs to report the OKX wallet to regulators.

    But the most serious accusation is that Bybit charges a $1.4 million listing fee for every project’s token.

    Bybit CEO Ben Zhou immediately denied the allegations and commented on the X post of the OKX enthusiast, saying:

    “The cryptocurrency world is so chaotic because of idiots like you who spread rumors without any evidence and fantasize every day.”

    This article is published on BitPinas: $OM Crash Fallout: Binance, OKX, and Bybit Address Price Drop and Insider Allegations

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  • Mantra CEO Denies Exit Dump But Admits Price Support Loop in Coffeezilla Interview

    Mantra CEO Denies Exit Dump But Admits Price Support Loop in Coffeezilla Interview


    A top 20 cryptocurrency, Mantra ($OM), saw its price collapse by over 90% in just 24 hours which wiped out $4.5 billion in market value and triggered a wave of forced liquidations. The crash triggered widespread speculation about potential market manipulation and insider involvement.

    To address the controversy, Coffeezilla, a popular crypto investigator, interviewed Mantra CEO JP Mullin in an explosive discussion that offered new insight—but also raised more questions.

    Coffeezilla Interviews Mantra CEO

    interviewing the ceo of crypto which crashed -90%

    A 90% Crash Overnight

    “Yesterday a top 20 token called Mantra or OM crashed 90%, leading me to search for answers,” Coffeezilla opened in his video. He collaborated with blockchain investigator ZachXBT to uncover what caused one of the biggest single-day token collapses in recent history.

    Mullin was quick to frame the incident as a cascade of liquidations. “Effectively what we were able to discern was that overnight tokens that had been used as collateral… had been forced closed and liquidated causing this massive selloff,” he said.

    Did the Team Dump or Get Liquidated?

    One of the most pressing questions was whether the team themselves sold or were liquidated. Mullin stated: “We have published a transparency report… The team tokens are all long vested and have not moved… We did not sell a single OM… The team also did not get liquidated.”

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    However, he confirmed OTC (over-the-counter) sales by the Mantra Association to fund operations: “We have had OTC transactions for the Mantra Association itself to fund business operations… I’d say between 25 to 30 million USD.”

    OTC Deals and Price Support

    Coffeezilla pressed Mullin on whether Mantra used OTC proceeds to prop up the token’s price: “You’re saying you’ve never heard of the guy [Mr. P]… but this guy right before this huge dump is laying out a plan which doesn’t seem too dissimilar from what may have been happening.”

    Mullin admitted to a type of buyback loop:

    “What you’re talking about… you sell tokens to somebody else… and then you’re taking the money that you get and you’re reinjecting it back into the token. That is exactly correct.”

    Coffeezilla challenged him: “That’s pumping the price, yes or no?”

    Mullin eventually conceded, “Sure, yes.”

    Still, he was careful to frame these moves as market support rather than manipulation: “We’ve never put in levels or supports or anything like this. It’s more just a discretionary—this is going to be used to enter the market over the next, you know, you do a TWAP over 30 days.”

    Who Was Liquidated?

    Despite the scale of the liquidation, Mullin said the team still didn’t know who was behind it: “We think it was a group of people… We’ve been in contact with our institutional partners to try to figure out what’s going on, but we don’t know who was liquidated.”

    He did, however, acknowledge that certain individuals had positions big enough to cause such an event: “I think it was in the size of hundreds of millions of dollars.”

    Mr. P and Shadowy Market Making

    A large chunk of the interview was spent discussing a mysterious figure known as “Mr. P,” who claimed to be a market maker and had been offering discounted OM tokens OTC days before the crash. Mullin denied any association: “We don’t—we’ve never heard of that name before.”

    Coffeezilla pointed out the similarity between Mr. P’s strategy and Mantra’s own approach: selling tokens OTC and using the proceeds to support the price. Mullin admitted to the similarity but rejected the comparison: “There was no selling. You’re just buying. That’s correct.”

    What’s Next for Mantra?

    When asked what happens when these discounted OTC tokens unlock, Mullin responded: “We’ll continue to build out the ecosystem… and support as much as we can so that people have a reason to stake, hold it, and continue to see it as an asset.”

    Still, Coffeezilla concluded that what was happening at Mantra was far from normal: “They were using OTC deals to support the price, which to me feels like kind of maybe how we got here.”

    This article is published on BitPinas: “You Can’t Just Say It’s Nobody’s Fault”—Coffeezilla Confronts Mantra CEO Over $OM Collapse

    What else is happening in Crypto Philippines and beyond?



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