ProMoooN

Crypto Market Faces Broad Selloff: Layer 2s, Gaming Tokens, and Memecoins Plunge

The cryptocurrency market is undergoing a sharp correction as Bitcoin (BTC) retreats from its recent high above $111,000 to around $105,000. This decline has triggered widespread losses across altcoins, with Layer 2 tokens, gaming projects, and memecoins all suffering steep drops.

Layer 2s See Steep Losses

Layer 2 scaling solutions have been hit hard, with the sector's total market cap dropping 7.34% to $13.54 billion. Stacks (STX) leads the fall with a 19.95% weekly loss, trading at $0.7861. Optimism (OP) and Arbitrum (ARB) have dropped 14.88% and 13.63%, respectively. Most Layer 2 tokens are down across all timeframes, signaling systematic selling rather than project-specific issues.

Gaming Tokens Under Pressure

Gaming and metaverse tokens are also reeling. Render (RENDER), known for its distributed GPU computing services, is down 19.94% this week to $4.15. Immutable (IMX), which focuses on gaming NFTs, has slid 18.37% to $0.5763. Even minor gainers like Four (FORM), up 0.41% weekly, are seeing hourly and daily losses.

Memecoins Take a Beating

Meme coins haven't escaped the downturn. Dogecoin (DOGE) is down 16% weekly to $0.2042 and 9.14% in 24 hours. Shiba Inu (SHIB) and Pepe (PEPE) have dropped 13.39% and 17.41%, respectively. Newer tokens like Bonk (BONK) and Fartcoin have fallen 22.74% and 28.23%.

Drivers of the Selloff

The pullback appears to be driven by profit-taking, macroeconomic uncertainty, and a lack of fresh catalysts. U.S. trade concerns, potential GDP contraction, and the $5B FTX creditor repayments are adding pressure. The Bitcoin 2025 conference also concluded without major developments, dampening investor sentiment.

#Memecoins🤑🤑

Trump Media Closes $2.44B Deal to Build Bitcoin Treasury, DJT Shares Jump 5.6%

Trump Media & Technology Group (DJT), the parent company of Truth Social, announced on Friday that it has secured $2.44 billion in funding to establish a Bitcoin (BTC) treasury. The stock responded positively, reversing early losses to close up 5.6% on the day.

The company raised the capital by selling nearly 56 million shares at $25.72 each and issuing $1 billion in 0% convertible notes due in 2028. The fundraising round drew participation from around 50 institutional investors. Yorkville Securities and Clear Street led the placement, while Cantor Fitzgerald served as financial advisor.

Trump Media plans to allocate $2.32 billion of the net proceeds to purchase Bitcoin, joining the ranks of publicly traded companies adding crypto assets to their balance sheets. Crypto.com and Anchorage Digital will provide custody for the digital assets.

This move aligns DJT with a trend popularized by MicroStrategy (MSTR), which has accumulated over $60 billion in Bitcoin using a mix of equity and debt funding. Trump Media’s strategy indicates growing institutional confidence in Bitcoin as a treasury reserve asset.

Earlier this year, the company revealed plans to expand into financial services with a focus on cryptocurrencies and customized exchange-traded funds (ETFs). It also announced intentions to collaborate with Crypto.com to roll out its ETF products.

With this significant Bitcoin treasury move, DJT positions itself not only as a media player but as a serious participant in the evolving digital asset space.

#DonaldTrump

The cryptocurrency market continues to face strong downward pressure as global economic uncertainty weighs heavily on digital assets. Avalanche (AVAX) is among the hardest hit, with intensified selling activity creating solid resistance at $22.35 amid high trading volume.

In a notable development, Bergen County in New Jersey has announced a partnership with blockchain software company Balcony to digitize all property deeds using the Avalanche network. The initiative spans five years and signals a promising real-world application of blockchain technology despite current market conditions.

Technical Analysis:

AVAX has seen a sharp decline, falling from $23.04 to $21.48 over the last 24 hours, marking a 6.78% loss.

A robust resistance level has formed at $22.35, supported by exceptionally high trading volume (2.24 million).

Repeated recovery efforts were halted near the $21.88 mark, reinforcing it as a key short-term resistance point.

Support is developing in the $21.32–$21.40 range, with signs of rising buy-side interest.

A short-lived rally to $21.53 occurred on a surge in volume, indicating active trading but limited upward momentum.

The price has tested the $21.45–$21.47 range multiple times, suggesting the potential formation of a consolidation zone.

While Avalanche faces technical resistance and broader market headwinds, institutional interest—such as Bergen County’s integration initiative—offers a counterbalance and long-term growth narrative. Still, in the short term, traders should watch for further consolidation and volume signals around the $21.40 zone.

#AVAX✈️ #AVAX✅ $AVAX

GameStop Buys $512M in Bitcoin to Establish Corporate Crypto Treasury

Video game retailer GameStop has taken a bold step into crypto by purchasing 4,710 Bitcoin—worth around $512 million—establishing its corporate Bitcoin reserve. The move follows the company’s successful $1.5 billion offering of convertible senior notes in early April, aimed at funding the treasury.

GameStop announced the acquisition via its official Twitter account, signaling its shift toward a digital asset strategy. While the company didn’t specify in its press release that the purchase was part of its treasury plan, the timeline and context suggest it is.

This marks a significant pivot for the meme stock favorite, which rose to fame during the 2021 Reddit-fueled stock market frenzy. CEO Ryan Cohen had hinted at such a move earlier this year when he was seen alongside MicroStrategy co-founder Michael Saylor, known for pioneering the corporate Bitcoin treasury strategy.

MicroStrategy’s Bitcoin-first approach helped it evolve from a traditional software company to a $100+ billion firm. GameStop now appears to be following that playbook, joining other public companies like Marathon Digital, Riot Platforms, CleanSpark, and Tesla, which hold billions in Bitcoin.

Beyond Bitcoin, the trend is expanding. SharpLink Gaming recently raised $425 million to invest in Ethereum, even adding Ethereum co-founder Joseph Lubin to its board.

Despite the long-term vision, the market reacted sharply. GameStop’s stock (GME) dropped over 10% after the announcement, falling to $31.45. The stock had surged earlier this month following a post from “Roaring Kitty,” the face of the 2021 rally, showing the meme-driven volatility still lingers.

GameStop’s bold move could either cement its place as a digital-age pioneer or mark another high-risk bet in its evolving saga.

#Bitcoin2025 #BinanceAlphaAlert

Quick Pepe click to get free

🚀 Major Crypto Moves of the Week

1. Bitcoin (BTC) Surges Past $100,000

2. Coinbase Acquires Deribit for $2.9 Billion

3. XRP Experiences Notable Gains

📈 Current Prices of Major Cryptocurrencies

🏆 Best Trade of the Week

Bitcoin's Surge Past $100,000

Cardano (ADA) is currently flashing strong bullish signals backed by both technical patterns and sentiment analysis:

1. Bullish Flag Breakout Confirmed

ADA has broken out of a descending flag, a classic bullish continuation pattern.

Breakout level: Above $0.6816

Current price: Around $0.7121 (up 4.5% daily)

A breakout from this pattern, especially on the daily chart, often leads to significant price moves — a bullish confirmation.

2. Target Range Based on the Pattern

Analysts project ADA to rise toward $1.13 to $1.32, based on the measured move from its late 2024 rally.

This aligns with historical behavior from previous ADA breakouts.

3. Support and Risk Analysis

Strong support remains in the $0.31–$0.40 range — the base of the previous major uptrend.

According to Dan Gambardello's risk model, ADA is at a moderate buy zone (risk level 37) — similar to past pre-rally stages in 2017 and 2021.

Summary:

Technical setup: Bullish flag breakout confirmed

Short-term watch: Hold above $0.70 to maintain momentum

Mid-term targets: $1.13 to $1.32

Long-term sentiment: Bull market may just be starting, per historical risk model
#ADABullish #ADAAnalysis

1. Whale Accumulation Is Surging

Large Holder Inflows up 2,952% (from 238.91B to 6.42T SHIB)

Netflows up 6,050% (from 132.54B to 6.21T SHIB)

This means whales are buying aggressively, likely transferring from exchanges to cold wallets. It often suggests they expect future price increases.

2. Price Action

SHIB broke out from the SMA 50 ($0.00001274) to a high of $0.00001367

Now sitting around $0.00001366, up 6.78% in 24h

If it breaks $0.000015, the next key level is the SMA 200 ($0.00001273)

That last part may be a typo in the article — the SMA 200 should be higher, not lower, than the SMA 50. But the key takeaway is: breaking $0.000015 could spark a rally.

Bottom Line

SHIB is showing signs of a potential trend reversal or breakout. If you're considering investing or holding more, it's worth watching:

Volume and momentum

Bitcoin’s movement toward $100K

Whether SHIB flips $0.000015 to support
#SHIB #shiba⚡

Prediction Markets Are Heating Up — Here’s What Crypto Traders Are Betting On This Week!

The rise of platforms like Myriad is giving degens and data nerds alike a shot at turning knowledge into gains. Here’s what’s trending on-chain right now:

1. Will Strategy (MSTR) Buy More Bitcoin This Week?

Odds: 85.2% say YES

Michael Saylor’s firm already holds 553,555 BTC ($53B+!)

With past buys announced on Mondays, will May 5 bring another?

2. Will the Fed Cut Rates by May 8?

Odds: 90% say NO

Despite Trump’s push (“Mr. Too Late!”), markets expect no cuts at the upcoming FOMC.

3. Will the New Pope Be Chosen in First 2 Days of Voting?

Odds: Split! 51.4% say NO

Conclave starts May 7 — recent popes were picked in 2 days. Will it happen again?

4. Will Jerome Powell Leave the Fed Before June?

Odds: 93.6% say NO

Trump teased a firing, then backtracked. The markets believe Powell stays put (for now).

TL;DR:
From Bitcoin buys to Vatican ballots, prediction markets are the new frontier for crypto-powered insight and alpha.

#CryptoNews #PredictionMarkets #Dogecoin$BTC

$ #Bitcoin #FedNews #BinanceSquare s #Polymarket #defi #Altcoins

Is Dogecoin About to Explode? Cup & Handle Pattern Suggests Massive Bull Run Incoming!

Dogecoin (DOGE) is making headlines again — and this time, it’s not just memes.

According to TradingView analyst CobraVanguard, Dogecoin is forming a classic cup and handle pattern on the monthly chart — a strong technical indicator of a bullish continuation.

The cup began forming after DOGE’s legendary surge to $0.80 in 2021. Since then, the price entered a long correction, bottoming out around $0.046. Fast-forward to now, and DOGE is up 733% from that low, currently trading at $0.162 after a 4.3% daily jump and a 17.3% surge over the last 14 days.

If this pattern completes, the CD leg could take Dogecoin all the way to $0.88 — that’s +443% from current levels and a potential breakout beyond previous all-time highs!

But not all analysts agree. SwallowAcademy suggests a deeper pullback may come first — potentially down 40% — before a 400% rally to $0.45. For now, DOGE is defying that bearish thesis with renewed strength.

On-chain metrics support the hype:

New addresses up 102.4%

Active wallets up 111.32%

Zero-balance wallets up 155.4%

This spike in network activity suggests growing user adoption — not just trading buzz.

TL;DR: Dogecoin’s chart looks 🔥, user growth is booming, and the bulls are circling. Is DOGE the next breakout star of 2025?

Follow for more alpha, real-time crypto insights, and breakout alerts!

#Dogecoin #CryptoNews #BinanceSquare #Altcoins #MemecoinSeason #ChartPatterns #cryptotrading
$DOGE

Whale Alert: $4.28M in PEPE Bought by Tornado Cash Wallets—Trend Reversal Incoming?

PEPE just pulled a surprise move—and it’s got the entire crypto community watching.

Five wallets—linked to Tornado Cash—snapped up 611B PEPE tokens worth $4.28M in just 8 hours, according to Lookonchain. That buying frenzy sent PEPE soaring 12%, and the price touched $0.00000774, with volume exploding to $12.3M across Binance and Uniswap.

Why the concern?

These wallets pulled ETH from Tornado Cash about 15 days ago—a platform historically linked with cyber attacks and fund obfuscation. One of the wallets even dropped $250K+ via CoW Swap, while others ranged from $9K–$36K.

Is this price action manipulation or momentum?

Technical analysts say PEPE may be forming a double-bottom pattern, supported at $0.0000064. If bulls can break above $0.0000090, it could open the door to $0.000014—the 0.382 Fibonacci level from 2024’s high.

On-chain activity is buzzing too: Active wallets surged 20%, and daily trading volume crushed the $8.2M average. But despite the bullish signs, indicators remain mixed. RSI hit 72, hinting at overbought territory, while trader sentiment sits neutral at 50.

Bottom line? PEPE could be gearing up for another leg up—if it holds above key support and overcomes immediate resistance.

Trend reversal or exit pump?

Follow me for the fastest PEPE signals, whale movements, and altcoin trading setups that actually matter.
#PEPE创历史新高 $PEPE

#goodnews
XRP & Solana Poised for Spot ETF Approval—Here’s Why XRP May Win the Race

According to a fresh report from Kaiko, XRP and Solana (SOL) are leading the pack as the top contenders for a U.S. spot ETF approval—and XRP is slightly ahead of the curve.

Why? Liquidity.

Kaiko’s data shows XRP now dominates in 1% market depth on vetted exchanges, surpassing SOL and doubling Cardano’s ADA. Since late 2024, XRP has consistently pulled ahead in global trading volume—especially after rebounding from its 2021 SEC-related delistings.

Interestingly, XRP lacks a major futures market, unlike Bitcoin, which gained ETF status after Grayscale’s legal win. Yet XRP's U.S. spot market share is at a multi-year high, while SOL has dipped to 16%, down from its 2022 peak of 30%.

What’s fueling XRP’s ETF buzz?

Teucrium’s 2x XRP ETF, launched recently, has already become their most successful product, racking up $5M in debut day volume

It tracks European ETPs and swap agreements to deliver 2x XRP’s daily returns

This move adds momentum and credibility to XRP’s ETF case.

However, options markets are flashing caution: Deribit data shows bearish sentiment for April expirations, with traders buying downside protection despite bullish fundamentals.

Still, the SEC is actively reviewing XRP ETF filings, and Grayscale’s application faces a key May 22 decision. Analysts say even LTC could follow soon—but XRP’s market dynamics make it the front-runner.

Follow me for daily ETF updates, crypto alpha, and insider insights before they hit the headlines.

Sui Just Plugged Into Bitcoin—Here’s Why It Matters

Big news for Bitcoin and PoS believers: Sui has integrated Babylon’s Bitcoin staking protocol, officially becoming a Bitcoin Secured Network (BSN). This is Phase 3 of Babylon’s roadmap—and it's dropping before the end of 2025.

But what’s the hype?

This move changes the game for Proof-of-Stake chains. Sui can now tap into Bitcoin’s unmatched security and liquidity—without bridges, wrapped tokens, or losing custody. No middlemen. No risk of losing your BTC.

Here’s how it works:
Bitcoin holders stake BTC directly to secure the Sui network—while keeping it safe on the Bitcoin main chain. In return? They earn rewards. Sui gets stronger security. BTC holders activate dormant assets. Win-win.

This integration opens the floodgates for new decentralized apps, powered by Bitcoin’s strength and Sui’s scalability.

Sui, currently ranked #7 among PoS networks on CoinGecko, is leading a trend that’s reshaping crypto:

Bitcoin is no longer just a store of value—it’s becoming fuel for DeFi.

Expect more networks to follow suit. BTC capital is waking up, and it's looking for yield—without sacrificing self-custody.

Follow me for more deep dives on next-gen integrations, DeFi alpha, and the smartest plays in crypto before they hit the mainstream.
$SUI
#CoinGecko #SUI🔥

#BitcoinMiners Rebound—But 2025 Paints a Bleak Picture

The markets ended the week on a green note, sparking some hope across Wall Street and the crypto sector. The Nasdaq surged 2.06%, and the digital asset market climbed 3.72%, reaching a total valuation of $2.63 trillion. And yes—Bitcoin mining stocks joined the party.

Nine out of the twelve top publicly traded BTC mining firms posted gains on Friday. Leading the charge was Cipher Mining (CIFR), soaring 9.01%, followed closely by MARA Holdings (+6.56%), Galaxy Digital (+6.48%), and Terawulf (+6.25%).

Other strong finishers included:

Cleanspark (CLSK): +5.19%

BTDR, RIOT, CORZ, HUT, APLD: Gains between +3.12% to +4.61%

Over the last 5 days, Galaxy Digital (GLXY) led with a 15.77% gain, trailed by CIFR at +15.23%—showing resilience in a shaky market.

But don’t celebrate too soon...

Zooming out to the 2025 year-to-date chart? It’s still deep red.

CLSK is down -18.56%, MARA -25.40%

RIOT & APLD: both near -30%

GLXY, HUT, IREN: down 36% to 42%

WULF, CIFR, CORZ, NB2, BTDR: all suffering 47% to 63% losses

The rebound is real, but the wounds run deep.

Takeaway? Even during sharp rallies, miner stocks remain weighed down by macro pressure and 2025’s broader #Correction

Want more alpha on Bitcoin mining stocks and crypto market trends?
Follow me here on Binance Square and stay ahead of the next move.

#Xrp🔥🔥 Whales Are Buying the Dip: What Do They Know That We Don’t?

Despite XRP's recent price struggles, whales are doubling down—and that’s got the market buzzing.

Since the sharp 34% spike on March 2 (sparked by Trump’s crypto reserve news), XRP has been on a rough ride—sliding nearly 30% and failing to reclaim the $2 mark. But behind the scenes, big money is moving in.

According to fresh data from Santiment, XRP addresses holding over 1 million tokens have increased, even during this turbulent stretch. As of now, 2,635 wallets hold at least 1 million XRP—up from 2,633 on March 2.

Here’s the kicker:

Wallets with 10M–100M XRP rose from 301 to 307

One new wallet now holds over 1 billion XRP

Total whale holdings jumped from 45.44B to 46.7B XRP—a 1.26B XRP gain during the downturn

Even with minor dips in certain tiers, the net growth tells a compelling story: large investors are positioning for a rebound, not running scared.

Since January, whale wallets have grown by 135 addresses, suggesting this isn’t just a short-term reaction—it’s a trend.

Why does this matter for you?
Whales tend to buy when fear is high and prices are low. If they’re accumulating XRP while the market is red, it might be worth watching closely.

Want more real-time #Whale.Alert , crypto trends, and market psychology decoded?
Follow me here on Binance Square and stay one step ahead.

Binance Founder CZ Raises DM Fee on ReachMe to $120

Binance founder CZ has increased the cost of messaging him on ReachMe, a paid chat platform, after being overwhelmed with spam. Initially charging 0.04 BNB ($24) per message, he raised it to 0.1 BNB ($60) and now 0.2 BNB ($120) in an attempt to limit messages to about 10 per day—though he doubts that’s possible.

CZ clarified that he won’t profit from this and will donate the earnings to charity. His goal is to manage the flood of messages rather than make money.

The idea behind ReachMe? CZ previously suggested a pay-to-message model to reduce spam and ensure only serious inquiries get through. If the recipient doesn’t respond in 5 days, half the fee is refunded. Just 18 days after sharing the idea, a developer built a prototype, and now it’s live.

Will this change how influencers interact with followers? Time will tell!

#CZ #cz判罚
$BNB

Robert Kiyosaki Warns of Global Recession

Robert Kiyosaki, author of Rich Dad Poor Dad, has declared that the world is in a recession, warning of rising inflation and unemployment. He urged people to take action, emphasizing the importance of financial education.

J.P. Morgan’s chief economist has also raised the chances of a U.S. recession to 40%, citing economic risks. Major banks like Goldman Sachs and Morgan Stanley have downgraded U.S. growth forecasts for 2025.

Kiyosaki advised using free resources like YouTube to learn and make informed financial decisions.

#BSCTrendingCoins #MarketPullback #Robertkiyosaki #recession $BTC

Trump Vows to Make America the Global Leader in Bitcoin and Crypto

In a historic moment for the crypto industry, President Donald Trump declared his commitment to making the United States the "undisputed Bitcoin superpower and the crypto capital of the world" during a virtual address at the Digital Asset Summit in New York on Thursday.

The announcement, which came as a surprise to many, was confirmed only last night by Blockworks, the conference organizer. This marks the first time in history that a sitting U.S. president has directly addressed the crypto industry, signaling a major shift in the government's stance on digital assets.

While the President did not introduce any new policies, he reaffirmed his call for Congress to pass landmark legislation that would establish clear and common-sense rules for stablecoins, ensuring a secure and regulated future for digital currencies in the U.S.

Trump's bold statement signals a new era for crypto, reinforcing America's role as a leading force in the global financial revolution.

.#TrumpCryptoSupport #TRUMP #TrumpCrypto #TrumpSupportsCrypto
$BTC

Australian Authorities Crack Down on Crypto Scammers Impersonating Binance

Australian authorities have intensified efforts to combat a sophisticated cryptocurrency scam in which fraudsters impersonate Binance, the world’s largest crypto exchange by trading volume. The crackdown follows a series of fraudulent attacks targeting local users.

In a joint operation, the Australian Federal Police (AFP), the National Anti-Scam Centre, and Binance Australia have issued warnings to potential victims. The scam exploits fake messages to deceive individuals and steal their cryptocurrency holdings.

According to the AFP, over 130 potential victims have been identified and alerted as part of a proactive effort to curb the fraudulent activities. Authorities revealed that scammers used SMS and encrypted messaging platforms to pose as Binance representatives, falsely claiming that users' accounts had been compromised.

Law enforcement agencies continue to investigate the fraud, urging the public to remain cautious and verify communications from financial institutions before taking any action.
#ScamAwareness
$BNB

Bitcoin Whale Faces Liquidation After $450M Short on Hyperliquid!

A Bitcoin whale is on the brink of liquidation after placing a $450 million short trade on Hyperliquid with 40x leverage! Instead of the market moving in his favor, traders pushed Bitcoin’s price up, trying to force him out.

This has turned into a battle between whales and retail traders. If Bitcoin keeps climbing, the whale could suffer massive losses. But if the price drops, he might survive—at a huge risk.

Some believe he bet against Bitcoin’s rally, expecting a crash. But once his short position was exposed, traders coordinated an attack, making liquidation more likely. While market squeezes like this happen, rarely are they this massive.

If the whale falls, hundreds of millions could re-enter the market, causing even more volatility. The next few hours will decide if he outsmarts the market or faces a brutal crypto lesson.

Stay tuned—this story is far from over!

#BTC走势分析 #BTC
$BTC