$107,758.00
1.29%$2,482.22
1.65%$2.19
0.40%$647.45
0.25%$144.88
-0.87%$0.999902
0.00%$0.270883
-1.46%$0.164861
-0.70%$2,479.76
1.57%$0.57113
-2.02%$107,699.00
1.37%$37.18
-0.75%$2,993.14
1.72%$501.28
4.63%$2.72
-2.20%$13.31
-0.24%$9.00
-0.28%$0.241763
-1.50%$17.64
-2.27%$0.999739
-0.02%$2.85
-1.53%$47.89
-0.18%$0.00001164
-0.07%$2,481.19
1.61%$85.41
0.42%$2,657.49
1.74%$0.148956
-2.36%$0.999867
0.02%$315.14
-0.43%$0.999986
-0.10%$4.48
0.88%$3.36
-1.48%$107,823.00
1.29%$0.582847
-2.22%$7.25
1.13%$0.00000953
-5.56%$260.97
-1.28%$1.18
-0.03%$4.87
0.92%$50.96
1.53%$326.17
-3.23%$1.00
0.00%$2.14
-1.85%$175.52
-0.85%$4.84
-2.77%$0.082482
-1.48%$16.53
0.81%$0.763549
-1.85%$1.057
0.01%$1.00
0.02%$26.01
-9.33%$0.07874
6.32%$0.60796
-0.77%$16.38
0.75%$4.42
-0.17%$3.99
-1.19%$0.02113144
-1.25%$9.00
-2.06%$107,674.00
0.52%$0.660883
-1.41%$0.080026
-3.69%$3.10
-4.50%$0.178068
-2.23%$0.261741
-2.44%$0.282017
-7.81%$2.27
-0.63%$0.30608
-1.48%$0.175451
-4.25%$0.99848
-0.17%$2,482.17
1.85%$4.40
-0.09%$0.891022
-3.04%$0.999969
-0.00%$98.71
-0.77%$11.08
0.60%$153.36
-0.38%$1.001
0.01%$1.22
2.24%$0.412314
-1.27%$1.29
-3.07%$0.01780621
2.76%$2,826.86
1.62%$2,599.17
1.65%$0.188367
-3.52%$11.27
-0.54%$1.57
-3.59%$0.00001374
-2.01%$0.673007
-1.55%$1.00
-0.01%$0.999931
0.13%$1.50
-3.82%$0.982233
-8.58%$0.308074
-7.82%$0.545278
-1.61%$0.999722
0.01%$0.058501
-1.39%$2,647.97
1.40%$107,717.00
1.73%$2,604.23
1.63%$3,347.64
-0.03%$1.11
0.04%$3.06
2.75%$107,559.00
1.31%$647.45
0.42%$2,608.28
1.61%$108,057.00
1.75%$3,335.85
0.13%$0.081563
-1.79%$0.80474
-7.05%$0.50834
-1.23%$0.415395
-0.91%$162.01
-0.98%$188.85
-0.82%$111.56
0.01%$0.51868
-9.20%$2,681.82
1.72%$2.18
-0.78%$0.825939
-1.37%$0.00007164
-2.42%$2.01
-3.51%$0.674723
-2.02%$0.01037167
1.64%$0.998637
0.01%$40.82
-2.96%$0.01324858
-2.63%$32.02
2.18%$0.709418
-1.06%$1.091
0.04%$0.586909
-0.80%$18.88
-0.00%$0.01361138
-3.41%$107,292.00
1.37%$0.156922
-2.37%$0.246907
-2.87%$0.00952212
-2.43%$0.998105
0.03%$0.0000006
-1.20%$0.220393
-2.50%$107,355.00
0.90%$0.01650313
10.99%$37.17
-0.88%$3.43
-2.53%$0.530212
-1.15%$2,479.35
1.58%$0.404114
-3.13%$2.02
-1.64%$0.093378
-1.91%$0.532039
-0.99%$2,482.45
1.70%$2,651.08
1.58%$2,607.13
1.79%$0.32708
-0.58%$107,643.00
1.18%$0.625406
-0.74%$0.99898
-0.06%$0.257042
-1.05%$2,481.23
1.61%$8.53
-1.32%$0.187334
25.65%$0.999727
-0.02%$1.35
-1.73%$1.43
1.96%$0.408473
-1.52%$0.061469
2.73%$0.9999
-0.01%$46.45
-2.10%$0.00000044
6.00%$37.16
-0.95%$1.00
0.05%$0.164491
-0.76%$2.24
-2.43%$1.00
-0.01%$1.091
-0.01%$0.00407468
7.92%$0.989803
0.03%$0.401563
-1.57%$0.04014955
-4.69%$2,483.52
2.20%$1.001
-0.10%$5.50
-1.65%$2,647.65
2.07%$0.00001927
0.36%$13.34
-1.97%$0.00652994
-3.73%$0.319377
-1.39%$0.00000096
0.49%$0.111223
-2.34%$2.24
-1.46%$0.07155
0.32%$0.48611
-1.89%$0.362624
-0.04%$0.507813
-1.01%$0.00393608
-1.64%$0.953034
-1.30%$1.14
-0.05%$1.23
1.84%$2,736.63
1.76%$0.03568389
-1.04%$1.42
-1.47%$0.162366
-1.65%$0.133308
-0.79%$107,558.00
1.32%$106,937.00
0.56%$0.03325484
-5.21%$2,713.33
1.65%$20.06
1.12%$0.999907
-0.01%$0.329113
-3.12%$2,481.10
1.60%$0.01645873
-1.64%$4.84
-3.56%$0.00370594
-6.10%$0.04457704
-1.65%$0.999123
-0.02%$157.93
-0.83%$1.001
0.34%$0.00005595
0.80%$1.00
0.01%$2,481.28
1.66%$0.740756
-3.57%$10.12
1.15%$0.064254
3.82%$1.081
-0.29%$110.92
0.14%$0.442805
-0.36%$107,813.00
1.67%$0.00341453
-0.15%$0.0290332
-2.49%$0.682656
-1.68%$17.66
-2.21%$0.60665
0.17%$0.00522588
-0.80%$1.00
-0.19%$104,757.00
0.46%$0.599716
-1.37%$2,164.11
1.26%$1.65
-1.01%$0.270925
-9.17%$1.21
0.52%$1.018
0.05%$0.00000129
1.98%$0.178265
-2.03%$0.18132
-0.43%$104,982.00
2.38%$14.66
0.81%$19.87
-1.02%$0.00353294
-2.57%$5.74
-3.94%Reading
The cryptocurrency market is starting the week on a relatively calm note following the buzz around the Bitcoin halving, with the global crypto market cap sitting at $2.56 trillion, a 2.7% change in the last 24 hours according to data from CoinGecko.
Bitcoin and Ethereum are both up less than 3% today, and the trend is pretty similar among the biggest tokens in the crypto industry. However, the Ethereum-based PEPE, one of the most popular meme coins of 2024, is defying market trends and is one of the best performers in the top 100 coins by market cap today.
In the last 24 hours, the price of PEPE went from $0.00000572 to its current price of $0.00000666 for a 16% spike, and a sizable 30% jump in the last seven days. Although it's down nearly 13% in the last 30 days after suffering a major correction, the token's technical indicators suggest that it's recovering and could be bouncing back to a bullish trend.
The price surge comes after Coinbase International, the global branch of the largest U.S. crypto exchange, announced the listing of PEPE perpetual contracts. This move is significant as it adds liquidity and increases the asset's exposure.
@CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 23 APR 2024.
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 22, 2024
The opening of Coinbase's 1000PEPE-PERP market was originally planned for April 18, but was delayed for technical reasons. Trading will now begin on Tuesday, April 23.
And of course, such an event was met with enthusiasm—and memes—all over Crypto Twitter. Coinbase also announced perpetual futures around Dogwifhat (WIF), a leading Solana meme coin, with trading set to begin on April 25.
Bitcoin transaction fees are falling back to Earth. For some time this weekend, it was more expensive to transact on Bitcoin’s network than ever before in history. Teeming with activity, the higher costs for users came as a protocol for Bitcoin-based meme coins launched and rewards for miners were slashed in half. The average Bitcoin transaction fee soared to $127 Friday amid the quadrennial halving event and launch of Runes, according to data from Blockchain.com. Representing a record-level per...
In addition to the Coinbase announcement, PEPE's technical indicators suggest a positive trend. The coin's price trend has finally broken past the EMA55 mark (the average price of the last 55 days), indicating a potential recovery from the previous crash and a possible return to bullish behavior.
The EMA10 (the average price of the last 10 days) is also on target to surpass the EMA55 mark. This event, known as a golden cross, is usually a confirmation of a bullish phase in which prices tend to go up faster with time.
The Relative Strength Index (RSI) is currently at 51, suggesting a balanced market with neither bears nor bulls dominating (more accurately, 51% buyers and 49% sellers). The Average Directional Index (ADX) at 20 is also weak, showing that the power of the bearish correction is starting to diminish. The Squeeze Momentum Indicator, which is used to determine which phase the markets are in, suggests that the bearish trend has lost force and the price is compressing in preparation for a bullish impulse.
In an optimistic scenario, PEPE could continue its bullish momentum and meet a first resistance at around $0.00000754 (for a 14.5% growth) or $0.00000882 (for a 33.6% growth, green line). However, in a pessimistic scenario, PEPE could fail to maintain momentum and test again the support of the last week at around $0.00000468 (for a -29% dip, red line).
Edited by Andrew Hayward
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
GameStop, the prominent video game retailer that’s building a Bitcoin treasury, generated an additional $450 million in fundraising that it can use to buy BTC, according to a filing with the SEC. The raise boosts its previous convertible notes offering to $2.7 billion in total after the initial purchaser exercised its option to purchase the additional $450 million in 2030 notes. The offering was previously upsized from $1.75 billion to $2.25 billion. While plans for the net proceeds do not spe...
The effects of the ceasefire between Israel and Iran seems to have already been digested by traders as markets today cool down after big jumps earlier this week. Only two coins (Pi and Maple Finance) are up more than 10% with the average price appreciation in the top 100 coins by market cap being around 2%, and the average dip around that mark too. But crypto traders are pushing upwards: total cryptocurrency market cap across the sector is up to $3.283 trillion, a modest 0.81% daily increase. Tr...
The Smarter Web Company has seen its stock surge 254% this month as it brings its total Bitcoin reserve holdings up to 543.52 BTC. Based in Bristol, the Smarter Web Company is a British web design and online marketing firm that began accepting Bitcoin as a means of payment in 2023. Its Bitcoin reserve began following its IPO in April. It raised $2.86 million (£2.1 million) upon listing on the Aquis Stock Exchange Growth Market on April 25, and has since seen its stock rise from £4.50 to £292.50...
