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Cryptocurrency News Articles

Bitcoin Pepe (BPEP) Raises Over $11M in ICO Funding, Promises to Be the Meme Coin Platform on Bitcoin

May 22, 2025 at 08:00 pm

Despite recent price pullbacks, Solana still shows strong adoption in the DeFi and gaming sectors. After raising over $11m in ICO funding, Bitcoin Pepe's unique position as a meme-specialized

Bitcoin Pepe (BPEP) Raises Over $11M in ICO Funding, Promises to Be the Meme Coin Platform on Bitcoin

Major outflows from exchanges are signaling long-term holding and rising institutional interest in Cardano (ADA), especially with ETF approval rumors heating up.

Recently, there has been a sustained trend of Cardano tokens moving off centralized exchanges. Since January 2025, over $932 million worth of ADA has flowed out of exchanges, according to crypto analytics firm, CCData.

This outflow trend is drawing attention as it signals that investors are accumulating ADA for the long term, suggesting a bullish market. In 2021, sustained outflows from exchanges played a role in reducing exchange supply and supported ADA’s surge to $3.10 after a sustained period of price consolidation.

Cardano’s bullish signals: A glance

Major outflows from exchanges suggest growing confidence in ADA.

These outflows could be supporting a potential price breakout if demand increases.

The U.S.-approved Cardano spot ETF is a move that could unlock massive institutional inflows.

If it happens, it could make ADA one of the coins to watch closely in the coming months.

If the ETF is approved, it could also push other altcoins like Litecoin (LTC) and Stellar (XLM) into bull markets.

Cardano price action

ADA has been consolidating in a range between $130 and $170.

The sustained price movement above $170 could attract more buying pressure and support further upward trends.

The MACD on the chart has crossed into positive territory, indicating bullish momentum.

Relative Strength Index (RSI) also indicates that ADA is in overbought territory, which could slow down the rally.

Cardano news: Edges closer to U.S. ETF approval despite recent price pullbacks

Prediction markets now give a 64% chance to a U.S.-approved Cardano (ADA) spot ETF being approved before year-end.

This follows a recent report by CCData that major outflows from exchanges are fueling anticipation for sustained ADA price gains.

The move could unlock massive institutional inflows and mirror Bitcoin’s price action after its ETF launch.

Cardano (ADA) has been a subject of discussion among crypto enthusiasts, particularly regarding a possible collaboration with Litecoin (LTC) in the DeFi space.

Rumors of this partnership have been swirling for months, with a viral tweet from Angry Crypto Show recently reigniting interest.

Charles Hoskinson, Cardano’s founder, also touched upon the topic during an interview, hinting at possibilities for collaboration with other chains.

Bitcoin Pepe set to dazzle on May 31 with exchange listing rumors and a whopping $11m+ raised in ICO

Bitcoin Pepe, the first-ever meme ICO built on Bitcoin, has already raised over $11m in its ongoing presale.

Its unique position as a meme-specialized, utility-driven platform pushes it to the front of the 2025 best crypto presale, and the window to buy in is closing fast with rumors of CEX listing circulating.

Despite recent price pullbacks, Solana (SOL) still shows strong adoption in the DeFi and gaming sectors.

Cardano (ADA) is seeing major outflows from exchanges, suggesting long-term holding and rising institutional interest, especially with ETF approval rumors building.

After a sustained period of price consolidation in 2024, and a breakout attempt that stalled in August 2024, Cardano (ADA) is showing bullish signals as over $932 million worth of tokens have moved off centralized exchanges since January 2025, according to CCData.

These outflows could be supporting a potential price breakout if demand increases.

If the ETF is approved, it could also push other altcoins like Litecoin (LTC) and Stellar (XLM) into bull markets.

Cardano price action

ADA has been consolidating in a range between $130 and $170.

The sustained price movement above $170 could attract more buying pressure and support further upward trends.

The MACD on the chart has crossed into positive territory, indicating bullish momentum.

Relative Strength Index (RSI) also indicates that ADA is in overbought territory, which could slow down the rally.

Cardano news: Edges closer to U.S. ETF approval despite recent price pullbacks

Prediction markets now give a 64% chance to a U.S.-approved Cardano (ADA) spot ETF being approved before year-end.

This follows a recent report by CCData that major outflows from exchanges are fueling anticipation for sustained ADA price gains.

The move could unlock massive institutional inflows and mirror Bitcoin’s price action after its ETF launch.

Cardano (ADA) has been a subject of discussion among crypto enthusiasts, particularly regarding a possible collaboration with Litecoin (LTC) in the DeFi space.

Rumors of this partnership have been swirling for months, with a viral tweet from Angry Crypto Show recently reigniting interest.

Charles Hoskinson, Cardano’s founder,

Original source:thecryptoupdates

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Other articles published on Aug 03, 2025