• Latest
  • Trending
Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market

Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market

May 31, 2025
Supreme Court asked to Reject Coinbase User’s Crypto Case

Supreme Court asked to Reject Coinbase User’s Crypto Case

May 31, 2025
SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

May 31, 2025
DOJ Will Not Have to Review Records

DOJ Will Not Have to Review Records

May 31, 2025
The Week Ahead: CPI Data, Fed Speeches, and Key Earnings Reports

Flash Storage Soars, Revenue Hits $6.57B in FY2025

May 31, 2025
Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests

Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests

May 30, 2025
What Does Decentralization Have to Do with You, Really? | by Daii | The Capital | May, 2025

What Does Decentralization Have to Do with You, Really? | by Daii | The Capital | May, 2025

May 30, 2025
Shiba Inu (SHIB) to Add Another Zero? Bitcoin (BTC) Signals New ATH Reversal Now, Ethereum (ETH) Trapped

Shiba Inu (SHIB) to Add Another Zero? Bitcoin (BTC) Signals New ATH Reversal Now, Ethereum (ETH) Trapped

May 30, 2025
Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee

Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee

May 30, 2025
Viocawer (VWW) Strongly Launches on Fisngloue Exchange, Backed by Multiple International Capital Institutions, Reshaping the Global Medical Data Ecosystem

Viocawer (VWW) Strongly Launches on Fisngloue Exchange, Backed by Multiple International Capital Institutions, Reshaping the Global Medical Data Ecosystem

May 30, 2025
  • Privacy Policy
Saturday, May 31, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market

J_News by J_News
May 31, 2025
in Crypto Technical Analysis, Top News
0
Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


  • In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe.
  • The upcoming $5 billion payout from the FTX Recovery Trust could be a shot in the arm not just for major cryptocurrencies but also for speculative plays like Bitcoin Pepe.
  • So far, the project has raised more than $12.7 million, with its token, BPEP, currently priced at $0.0396.

Bitcoin (BTC) and Ethereum (ETH) dropped 2.5% and 5%, respectively, on Saturday after US President Donald Trump accused China of breaching its trade deal with the United States, reigniting concerns over escalating trade disputes.

The market was initially steady following the release of the latest US Personal Consumption Expenditures (PCE) data, which met expectations.

However, sentiment soured after Trump took to Truth Social, asserting that China had backed out of commitments made in a prior agreement.

This latest development adds another layer of uncertainty to markets already rattled by tariff-related tensions that began surfacing in February, particularly involving Canada and Mexico.

As Bitcoin faces another bout of volatility, retail traders appear to be shifting focus toward riskier, high-reward assets such as Bitcoin Pepe, which is now in the final stage of its presale.

In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe.

These assets offer the prospect of significant returns due to a combination of low initial pricing, strong viral marketing, and the potential for sharp gains once exchange listings commence.

Can FTX repayments help the crypto market?

The FTX Recovery Trust is set to distribute more than $5 billion in cash and stablecoins to creditors starting Friday, with recipients expected to receive funds within the next three business days via BitGo and Kraken.

This marks the second major tranche of repayments since the collapse of the crypto exchange.

The first round, launched on February 18, returned approximately $7 billion to creditors with smaller claims, primarily those under $50,000.

That earlier wave had limited market impact, as it coincided with a broader risk-off environment and ongoing macroeconomic headwinds.

This time, however, conditions are different. Analysts at Coinbase noted in a report on Friday that crypto market sentiment has improved significantly, raising the possibility that the latest round of repayments could act as a tailwind.

The key difference lies in how the funds are being delivered: stablecoins rather than fiat or mixed assets.

That shift provides immediate on-chain liquidity, increasing the likelihood that some of the capital will be reinvested into crypto markets rather than withdrawn or parked in traditional accounts.

Coinbase analysts also pointed to a more favorable macro and regulatory backdrop.

With Bitcoin and other major digital assets staging a rebound and US lawmakers making tangible progress toward regulatory clarity, institutional players may feel more confident deploying new capital.

If reinvestment flows materialize, this could add fuel to an already recovering market, though the ultimate impact will hinge on how recipients choose to deploy their reclaimed assets.

Can Bitcoin Pepe also benefit?

The upcoming $5 billion payout from the FTX Recovery Trust could be a shot in the arm not just for major cryptocurrencies but also for speculative plays like Bitcoin Pepe.

With repayments being made in stablecoins, offering immediate on-chain liquidity, and crypto market sentiment on the upswing, traders flush with fresh capital may look to redeploy funds into high-risk, high-reward tokens.

That dynamic could work in favor of early-stage assets riding viral momentum.

Bitcoin Pepe, a meme-centric Layer 2 built on the Bitcoin network, is gaining momentum as it nears the close of its ongoing presale.

The project aims to blend the security of Bitcoin with Solana-like scalability—a technical advantage that sets it apart from typical meme tokens, which often lack functional infrastructure.

Its ecosystem ambitions are backed by a series of strategic partnerships, including Super Meme, Catamoto, and Plena Finance.

A collaboration with GETE Network is also in place to expand its footprint in cross-chain Web3 gaming.

The hybrid approach—pairing blockchain utility with viral meme appeal—has resonated with retail investors.

So far, the project has raised more than $12.7 million, with its token, BPEP, currently priced at $0.0396.

The presale ends on May 31, and a listing on centralized exchanges is expected shortly thereafter, which could act as a near-term catalyst for price action.

With sentiment across crypto markets turning more constructive and retail capital rotating into speculative plays, Bitcoin Pepe is positioning itself to ride both technical and cultural tailwinds.




Share this article

Categories



Source link

Related articles

Supreme Court asked to Reject Coinbase User’s Crypto Case

Supreme Court asked to Reject Coinbase User’s Crypto Case

May 31, 2025
SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

May 31, 2025
ShareTweetShareShare

Related Posts

Supreme Court asked to Reject Coinbase User’s Crypto Case

Supreme Court asked to Reject Coinbase User’s Crypto Case

by J_News
May 31, 2025
0

The US government has urged the Supreme Court not to take up a Coinbase user’s challenge against the Internal Revenue...

SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

SHIB in Bear Mode, Open Interest Down 24.59% in 24 Hours

by J_News
May 31, 2025
0

The recent crypto market dynamics show that momentum is fading, with major cryptocurrencies facing high volatility.  Shiba Inu (SHIB) has...

DOJ Will Not Have to Review Records

DOJ Will Not Have to Review Records

by J_News
May 31, 2025
0

The federal judge overseeing Roman Storm's prosecution declined to order the Department of Justice to review its records for any...

The Week Ahead: CPI Data, Fed Speeches, and Key Earnings Reports

Flash Storage Soars, Revenue Hits $6.57B in FY2025

by J_News
May 31, 2025
0

TLDR NetApp closes FY25 strong with $6.57B revenue, driven by flash storage and cloud gains. Record-breaking $4.1B flash storage run...

Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests

Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests

by J_News
May 30, 2025
0

Panama City’s mayor, Mayer Mizrachi, put forward an unusual plan at the Bitcoin 2025 conference in Las Vegas on May...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog