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Is Pepe Coin's Rise in Danger?

$PEPE Coin saw a significant price increase in early 2025, but recently this rise seems to have come to a halt. With whales, namely large investors, releasing 41 trillion tokens into the market, selling pressure on Pepe’s price has increased. The fact that the #Ethereum price has struggled to break the $2,000 level has created a similar stagnation in Pepe Coin’s price movements. If Pepe cannot break through the current resistance level and the selling pressure continues, the price is likely to fall to its lowest level of the year.

According to data provided by Santiment, whales hold a large portion of $PEPE Coin’s supply. It was determined that investors in this group sold 41 trillion tokens from the 165 trillion they owned in February, reducing their total token holdings to 148.7 trillion. This massive sell-off caused Pepe Coin to fall by a double-digit percentage from its peak at the beginning of the year.

The increase in selling pressure is not only affecting the price, but also the decrease in the 90-day Average Age of Investors (MDIA) indicator indicates that the selling trend in the market is increasing. If whales continue to sell, this could lead to a further decrease in the price. However, there have been some positive signals that the selling pressure is decreasing in recent days. In particular, the decrease in the supply of Pepe Coin on exchanges indicates that the buying pressure is not yet strong.

#Pepe Coin has recovered its price after making a low at 0.00000572 earlier this month. A small double bottom formation at this level is considered a promising sign for the price to rise. However, Pepe’s price is currently stuck near a significant resistance level around 0.00000917. Breaking this resistance level could allow the price to rally strongly

⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.

❤️ Don't forget to follow me for developments. @Crypto De Nostradame
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#ArizonaBTCReserve
Arizona Paves the Way for the First State-Backed Bitcoin Reserve in the U.S

1. Legislative Initiative:
Arizona lawmakers passed two major bills focused on creating a Bitcoin and digital asset reserve for the state.

2. SB 1025 – Arizona Strategic Bitcoin Reserve Act:

Allows investment of up to 10% of state public funds in Bitcoin.

Applies to the Arizona State Treasurer and public retirement systems.

3. SB 1373 – Strategic Digital Assets Reserve Bill:

Establishes a reserve fund of digital assets, including cryptocurrencies.

Assets can include those seized through criminal cases.

4. Current Status:

Both bills have passed the state legislature.

Awaiting the governor’s signature to become law.

5. Historical Significance:

If enacted, Arizona would be the first U.S. state to hold a government-backed Bitcoin reserve.

6. Market Context:

Bitcoin has seen mild positive change in its market price, with an intraday high and low within a certain range.

7. Broader Trend:

Reflects a growing movement among U.S. states toward crypto integration in public finance.

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According to CoinGecko, as of April 2025, governments hold more than 463,000 BTC — 2.3% of the total supply.

The USA remains the largest holder — 198,012 BTC (~$18.3 billion).

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🚀 They announced that Bitcoin has been brought to Solana. I had already shared a previous announcement about this.

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📌 You can find Solv's update below

Here’s how 👇

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⚠️ Things to Keep in Mind:

-The crypto market is highly volatile.

-This post is for informational purposes only and does not constitute investment advice.

-🔎 Always do your own research and invest only what you can afford to lose!

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#ArizonaBTCReserve Bitcoin Technical Analysis
The Bitcoin market initially pulled back just a touch during the early hours on Tuesday, but it does continue to see a lot of sideways action. And I think at this point in time, we are just trying to digest a lot of the gains. If we pull back from here, and that would not be a huge surprise, I suspect that the $90,000 level is an area that a lot of people will be paying close attention to. The 50-day EMA is racing towards that area as well, so I’d be watching that as yet another reason to think that area around $90,000 should be somewhat interesting. If we break to the upside, the $100,000 level is the next major target, followed by $110,010. So, with that, it looks a lot like a range of noise that might be difficult to get above.

But if and when we do, then it’s very possible that Bitcoin could rally all the way back to the recent all-time highs, which is $110,000. The market has been very strong until the last couple of days, but when you look at the last couple of weeks, it’s been a significant V bottom. And I think at this point, it’s become more or less a buy on the dip type of market as it looks like Bitcoin is ready to continue its march higher. At this point, I have no real interest in trying to short this market as it has been so strong over the last few weeks.

#bitcoin #Price-Prediction #InvestSmart

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BlackRock increases its holdings by 10,000 ETH

On April 29, BlackRock increased its holdings by 10,000 ETH, worth $18.14 million. BlackRock acquired 10,000 ETH, valued at $18.14 million, through its Ethereum exchange-traded fund ETHA Ethereum ETF from Coinbase Prime hot wallet address.

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The second round of spot layout has now also started to publicly show floating profits
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