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A new report from Gemini and blockchain analytics firm Glassnode has revealed that centralized Bitcoin treasuries now control 30.9% of the circulating BTC supply.

This shift, representing more than 6.1 million BTC or roughly $668 billion at current prices, marks a notable development in the evolution of the asset’s market structure. The researchers argue that such a concentration of holdings highlights a broader institutional embrace of Bitcoin over the last decade.

Institutional Control and Concentration Trends

The analysis suggests a 924% increase in BTC held by centralized treasuries, including exchange-traded funds (ETFs), public companies, government entities, and centralized custodians, since 2014.

During this same period, Bitcoin’s spot price has risen from below $1,000 to over $100,000, reinforcing its adoption as a strategic asset among institutional players.

Although this transition is seen as a signal of market maturity, it also raises concerns about centralization and the influence of a small group of entities on the broader BTC ecosystem. The report details that half of the Bitcoin counted under centralized control resides on centralized exchanges.

These coins are likely held on behalf of individual users, making them custodial rather than proprietary holdings. However, when combining exchange balances with those of ETFs, public funds, and sovereign treasuries, the institutional footprint in the Bitcoin market becomes clear.

One of the report’s key findings is the high concentration of BTC within institutional categories. In several sectors, particularly ETFs, DeFi platforms, and publicly traded firms, the top three entities control between 65% and 90% of the supply allocated to their segment.

This centralization suggests that early institutional adopters maintain significant influence over Bitcoin’s market behavior. On the other hand, private companies exhibit a more distributed holding pattern, indicating broader and more decentralized engagement from the business sector.

Sovereign Holdings and Structural Implications

Government treasuries have also emerged as unexpected holders of large Bitcoin reserves, primarily through legal enforcement and asset seizures. Countries like the United States, China, Germany, and the United Kingdom have accumulated BTC through criminal investigations and forfeitures, not market purchases.

While these sovereign wallets are typically dormant and infrequently active, their holdings are sizable enough to impact market sentiment if ever moved or sold.

The study concludes that Bitcoin’s transition into centralized custody signals a long-term structural transformation. As the asset integrates further into the traditional financial system, its volatility may become more constrained, and its price movements less speculative.

Despite this shift, researchers caution that Bitcoin remains a risk-sensitive asset class, though it increasingly behaves in ways consistent with more mature financial instruments.

Featured image created with DALL-E, Chart from TradingView

Миллиардер Пол Тюдор Джонс (Paul Tudor Jones) считает, что первая криптовалюта должна быть включена в каждый инвестиционный портфель, поскольку она способна сократить финансовые потери инвесторов от инфляции на фоне роста национального долга США.

Комиссия по ценным бумагам и инвестициям Австралии (ASIC) запретила бывшему финансовому консультанту Гленде Мари Роган (Glenda Maree Rogan) оказывать финансовые услуги в течение десяти лет в связи с неправомерными вложениями клиентских средств в криптовалюты.

Bitcoin is facing a crucial test as it consolidates just below all-time highs, teasing a breakout into price discovery. After briefly tagging the $112,000 mark, BTC pulled back slightly, and volatility has surged, leaving investors uncertain about the next direction. While some fear a potential correction, many analysts remain confident that the uptrend is still intact, pointing to strong support levels and on-chain indicators backing the bullish case.

Despite recent fluctuations, Bitcoin continues to hold above the $105,000 level, maintaining a bullish structure and keeping market sentiment cautiously optimistic. Traders are now watching for a decisive move that could either confirm a breakout above resistance or sweep liquidity below before the next leg higher.

Top analyst Jelle shared on-chain data highlighting the current position of the MVRV Z-Score—a key metric used to gauge whether Bitcoin is overvalued or undervalued relative to historical norms. According to Jelle, the MVRV Z-Score is still far from the red zone levels typically associated with cycle tops, suggesting there is still plenty of room for the market to grow. As BTC holds firm and macro conditions evolve, the coming sessions could shape the next explosive phase in the ongoing bull cycle.

Bitcoin Hovers Near All-Time High As Market Awaits Breakout Confirmation

Bitcoin is trading above critical levels, holding strong above $105,000 and maintaining momentum near its $112,000 all-time high. After weeks of climbing and absorbing macroeconomic uncertainty, BTC now faces one of its most significant resistance levels. A clean breakout from this zone could be the trigger for a full-blown expansion into price discovery, signaling the next explosive leg of the bull market.

This week could prove decisive. Bitcoin’s structure remains bullish, with a series of higher lows and steady volume supporting the uptrend. However, volatility has increased in recent days, suggesting that while bulls are in control, the market is still weighing its next move. A failed breakout could result in a retracement toward lower support, with key demand zones resting around $103,600 and $100,000.

Still, on-chain signals continue to lean bullish. Jelle highlighted the relevance of the MVRV Z-Score, a historical indicator that measures Bitcoin’s market value relative to its realized value. The metric has historically flashed red as price peaks approach—yet according to Jelle, the MVRV Z-Score is “not even close to flashing a signal at the moment,” suggesting there’s still plenty of room for upside.

This combination of price stability above support, technical resistance overhead, and a healthy on-chain backdrop puts Bitcoin in a pivotal position. A breakout above $112,000 could ignite price discovery and accelerate the uptrend across the market. But as long as BTC remains range-bound, traders must remain cautious and prepare for short-term volatility. The direction Bitcoin takes from here will likely define the tone of the market heading into the second half of 2025.

BTC Rejected At $109K Level

Bitcoin is currently trading at $107,044 on the 4-hour chart after facing rejection at the $109,300 resistance level—a key area that has capped upside momentum multiple times in the past two weeks. Following a brief push above $109K, BTC failed to hold the breakout and has since retraced, now testing the mid-range support zone aligned with the 50, 100, and 200 simple moving averages (SMAs), which are all clustered between $106,000 and $106,400.

This cluster of moving averages now serves as immediate support and could act as a pivot point for a bounce. If this area holds, bulls could attempt another run at the $109K level. However, a breakdown below these SMAs opens the door for a move down to the $103,600 demand zone, where Bitcoin previously found strong buying interest earlier this month.

Volume has been increasing slightly during the retrace, suggesting traders are cautious and protecting gains after last week’s rally. Until BTC cleanly breaks above $109,300 with volume, the market is likely to remain in consolidation mode. All eyes are now on whether BTC can defend this support cluster or risk deeper downside in the short term.

Featured image from Dall-E, chart from TradingView

Even as bearish pressure builds, Bitcoin’s price continues to hold above the $109,000 mark after its recent rebound that pushed its price beyond $110,000. BTC’s rebound has triggered a wave of renewed conviction, as evidenced by massive outflows by whales on the Binance crypto platform.

Large BTC Holders On Binance Draining Holdings

As Bitcoin surges toward its current all-time high, key investors on the largest cryptocurrency exchange, Binance, are exhibiting a positive sentiment toward the flagship asset. Darkfost, an on-chain expert and verified author, reported that Bitcoin whales are steadily but silently withdrawing their holdings from the leading crypto exchange.

In the Quick-take post shared by the leading on-chain data analytics platform CryptoQuant, the expert stated that this behavior of BTC whales on Binance is “quite surprising at the moment.” This might be due to the fact that the trend is gaining momentum in light of a maturing market landscape.

Particularly, the consistent withdrawals by key players coincide with Bitcoin’s recent display of tenacity by remaining above the $100,000 threshold. The notable resiliency of the asset is likely the main factor fueling this steady outflow of large-scale BTC on the Binance platform, which challenges the notion of a sell-off during strong price spikes.

Historically, BTC whales on Binance seize the chance to sell coins and make profits when the flagship asset moves close to or exceeds its all-time high. Such an action is indicative of a notable increase in capital or inflows into the crypto exchange.

After examining and contrasting the monthly inflow volumes on Binance, Darkfost revealed large inflows into the platform as BTC reached a top in early 2024. During the period, large-scale BTC inflows rose to a value of $5.3 billion. In addition, a significant amount of $8.45 billion and $7.24 billion BTC inflows were recorded at the height of the preceding cycle, which were succeeded by short-term to medium-term corrections.

Meanwhile, in recent market trends, Bitcoin’s rally toward a new all-time high is being met by strong conviction above further growth. Data shows that BTC inflows into Binance are currently down to about $3 billion, suggesting that whales would rather stay on their investments and are anticipating even bigger profit chances in the future.

Overall, Darkfost has warned that the current position of Binance whales should not be disregarded. This is because it clearly signals a bullish sentiment on their end, considering the significant market impact that these whale inflows can produce.

A Huge Drop In BTC Exchange Reserves 

Interestingly, these withdrawals are spotted among all cryptocurrency exchanges in the sector. Market expert Kyle Doops highlighted that over 550,000 BTC, valued at approximately $59.67 billion at current price levels, have been withdrawn from crypto exchanges’ reserves over the past year.

According to Kyle Doops, the substantial outflows are a sign of panic, but of conviction. With BTC constantly leaving exchanges, supply becomes limited, and demand rises, which could pave the way for continued price increases.

GameStop has told investors it plans to raise $1.75 billion through convertible notes, just a day after adding 4,710 BTC to its balance sheet. The private offering is aimed at qualified institutional buyers. It carries no cash interest and will come due in mid-2032.

Convertible Notes Offer High Flexibility

According to the press release, GameStop’s new debt will let it tap cheap capital without paying regular interest. Investors can convert the notes into shares if the stock climbs above the strike price.

There’s even an option to sell an extra $250 million in notes within two weeks of issuance. That move signals GameStop expects solid demand from big investors.

Stock Tumbles Despite Big Plans

Based on reports, GME shares slid to $28.55—down about 5%—after the fundraising news. The drop follows a weaker-than-expected Q1 performance in the core video game business.

Revenue missed Wall Street’s estimates, as gamers keep shifting toward downloads and streaming services. Many traders seemed puzzled by the focus on Bitcoin rather than gaming.

Peer Companies Join Bitcoin Run

Several firms have turned to debt to buy more BTC. US President Donald Trump’s media venture raised $12 billion for that purpose, and Tokyo-based Metaplanet is lining up $5.4 billion.

Strategy, Strive Asset Management and Semler Scientific tapped debt markets too. All of them see Bitcoin as a long-term store of value, despite its swings.

Risks And Next Steps

GameStop’s note issue adds leverage and could dilute shares if converted. A sharp Bitcoin sell-off might force write-downs on the books. Credit ratios may weaken if BTC prices fall.

GameStop will need to explain how it plans to spend the money—whether on more Bitcoin, store upgrades or new partnerships. Investors will watch closely for clues on where the company is heading next.

GameStop now wears two hats: it’s a retailer and a budding Bitcoin holder. The success of this funding plan will hinge on how well both sides of the story play out. If digital sales pick up and Bitcoin keeps climbing, investors might warm to the idea. If not, they may push for clearer focus on the gaming business.

Featured image from Heise, chart from TradingView

Sebastien Guillemot, co-founder of Paima Studios and dcSpark, jolted the Cardano developer community on X this afternoon with a terse progress report: “We’re up to 3 full-time developers working on Starstream (on top of myself)… We’re accelerating development to bring it to mainnet faster given all the interest.”

The message, though only two sentences long, signals a meaningful resource shift inside the still-nascent Starstream working group and suggests that Cardano’s first zero-knowledge virtual machine (zkVM) may appear on mainnet sooner than previously expected. No target block height or hard launch window has been released, but the acceleration comes barely five weeks after founder Charles Hoskinson publicly supported the working group, calling the project “a core component of Cardano’s future.”

Why Starstream Matters For Cardano

Starstream matters because it tackles the single most common criticism of Cardano’s extended-UTXO ledger: the difficulty of building stateful, privacy-preserving applications without fracturing logic across dozens of validator scripts. In Cardano’s eUTXO model every piece of contract state lives inside its own unspent output, a design that grants parallelism and determinism but complicates long-running workflows and advanced cryptography.

Research groups inside IOG have explored adding recursive SNARKs to Plutus, yet a production implementation has remained elusive. Starstream’s answer is to step outside Plutus entirely and embed a coroutine-oriented zkVM that compiles to WebAssembly, executes off-chain, and seals each state transition inside a succinct proof verified on-chain by a lightweight Plutus wrapper.

“Starstream is a chain-agnostic, UTXO-based, zero-knowledge virtual machine that re-imagines smart-contract execution using coroutines as its foundational primitive,” notes the original technical overview published on Cardano Explorer in late April.

Coroutines give developers something they have never had: a single, linear program that can pause mid-execution, emit a UTXO that holds both data and the exact byte-code position, and later resume when a new transaction spends that output. A yield point in Starstream therefore becomes a cryptographically secured checkpoint; when the program wakes up, it needs only prove—rather than re-execute—the suspended segment.

The result is a state machine that preserves UTXO determinism while natively supporting multi-step workflows such as auctions, lending loops or on-chain games, all without shared-state contention.

Notably, Cardano has historically proceeded through carefully staged hard-fork combinator events by Hoskinson-led Input Output (IOG); Starstream, by contrast, is being built as an opt-in execution layer that can be grafted onto Cardano without a network-wide fork, making its path to mainnet limited chiefly by audit, peer review and tooling.

At press time, ADA traded at $0.684.

June 16 has emerged as a crucial date for the XRP price and could determine the altcoin’s future trajectory. This is based on an upcoming deadline related to the Ripple SEC lawsuit. Crypto analyst CasiTrades has highlighted the date as being important from a technical perspective, with XRP potentially hitting a new ATH on this move. 

Why June 16 Is Important For The XRP Price

In an X post, legal expert Bill Morgan revealed that the US Securities and Exchange Commission (SEC) must report to the Appeal Court by June 12. Morgan added that something has to happen by then or the appeal and cross-appeal continue, with a briefing due from Ripple. This is significant for the XRP price, considering the impact the lawsuit has had on the altcoin so far. 

The latest in the XRP lawsuit is Judge Torres’ denial of Ripple and the SEC’s motion for an indicative ruling. Before both parties filed the motion, they had requested a pause from the Appeal Court, which was granted for 60 days. However, the SEC was required to file a status report at the end of the 60 days. With the deadline coming up on June 12, this could mark a decisive moment for the XRP price. 

Legal expert Fred Rispoli also commented on the upcoming deadline. He noted that both parties have yet to refile the motion before Judge Torres ahead of the June 16 deadline for a status report. The lawyer expects the refile to happen before the deadline. However, if there is nothing pending before Judge Torres before June 16, then the Appeal Court only has the denial of the first motion. This would ultimately lead to a restart of the Appellate case. 

A refiling of the motion before Judge Torres would be a positive for the XRP price, as it would indicate that Ripple and the SEC still want to push for the settlement agreement. On the other hand, a continuation of the appeal case would be bearish as it would further extend the long-running lawsuit. 

The Altcoin’s Consolidation Could End On The Deadline Date

In an X post, crypto analyst CasiTrades stated that the XRP price consolidation will come to a close on June 16. She had earlier suggested that the altcoin could hit a new all-time high (ATH) on that day, but seems less confident in that happening now. However, she still believes that the consolidation could end by the deadline date or even before then. 

CasiTrades declared that this is what they call the forced decision point in the market. Meanwhile, if this marks the bottom for the price, the analyst stated that the measured extensions project upside targets that align in the $8 to $13 macro zone. This indicates that the altcoin will eventually reach a new ATH. 

At the time of writing, the XRP price is trading at around $2.24, down almost 2% in the last 24 hours, according to data from CoinMarketCap.

Based on reports, French police have stepped up their efforts after a crypto entrepreneur’s father was brutally kidnapped and had a finger severed to force a ransom. It’s a crime that has rattled the industry and raises tough questions about personal safety.

Growing Number Of Crypto Kidnappings

According to a GitHub list by Jameson Lopp, there have been almost 30 in-person crypto attacks so far in 2025. That pace puts this year on track to top the 35 attacks recorded in 2024 and the 24 attacks in 2023. Many cases fly under the radar, since victims often fear coming forward.

Based on reports from France 24, the victim was held for several days in a secluded property. The kidnappers demanded up to 7 million euros ($8 million) in ransom.

They even cut off one of his fingers to show they meant business. A police raid on May 3 freed him and led to five arrests at the scene.

Cross Border Arrests

According to state media, investigators also nabbed a suspect in Morocco on June 4 suspected of orchestrating several of these crypto-related kidnappings.

Back home in France, more than 12 people linked to high-profile cases were held on May 26. Under French law, suspects can be held for up to 96 hours without charges.

Calls For Tighter Security

The wave of attacks has prompted crypto firms to boost their own protection measures. Interior Minister Bruno Retailleau called a meeting to tackle the rise in violence.

Chainalysis CEO Jonathan Levin told attendees at the 2025 Consensus conference on May 15 that criminals still believe digital money is untraceable. And on June 5, Kraken’s security chief Nick Percoco warned in a blog post that many crypto users lack basic situational awareness at events.

A Wider Pattern Of Underreporting

Experts warn these “wrench attacks” might be even more common than numbers show. A University of Cambridge study in September found that victims worry about being targeted again, or about public shame.

The study also noted that attackers range from organized crime syndicates to people known to their victims, like friends or family.

Industry leaders now face a stark choice: leave personal safety up to chance, or treat security as a top priority. For many in crypto, that means using hardware wallets, keeping travel plans private, and working with vetted security teams.

The brutal nature of these crimes shows that simply relying on code won’t be enough to keep people safe.

Featured image from Public Discourse, chart from TradingView

Bitcoin is holding above key support levels as it continues to consolidate just below the $112,000 all-time high. Despite bullish momentum building across the broader crypto market, BTC has struggled to reclaim this critical resistance level, keeping traders on edge. Analysts agree that a decisive breakout is needed to confirm the uptrend and signal the start of a new expansion phase.

According to on-chain data from CryptoQuant, the recent recovery in Bitcoin’s 4-year Compound Annual Growth Rate (CAGR) highlights a shift in long-term market sentiment. After plunging to just 7% in April—reflecting compressed margins and cycle exhaustion—the CAGR has now rebounded to around 31%, which falls into what analysts consider the “strong zone.” This resurgence came as BTC’s price rallied back toward $110,000 by May–June 2025, reviving hopes for a sustained bullish trend.

Although the current growth rate remains below historic cycle peaks of 50–80%, the market’s structure and on-chain dynamics suggest there’s still plenty of room for upside. As Bitcoin holds its ground and market conditions stabilize, the stage may be set for a decisive breakout—one that could confirm the uptrend and drive BTC into price discovery once again.

Bitcoin Gears Up For Price Discovery As Fundamentals Strengthen

Bitcoin is on the verge of entering price discovery, with the asset trading just below its all-time high near $112,000. After weeks of consolidation and steady higher lows, this week could prove decisive for the entire crypto market. A breakout above resistance would signal the start of a new, explosive phase, while a pullback to sweep liquidity below remains a valid risk if momentum stalls. Either way, the market is preparing for a significant move.

This critical moment comes amid rising macroeconomic uncertainty. The U.S. economy continues to show signs of systemic stress, driven by elevated Treasury yields, sticky inflation, and geopolitical tensions. Despite these headwinds, Bitcoin’s structure remains strong, underpinned by improving long-term fundamentals.

Top analyst Axel Adler shared insights from CryptoQuant, pointing to the rebound in Bitcoin’s 4-year Compound Annual Growth Rate (CAGR). After falling to just 7% in April—signaling a severely compressed market—the CAGR has recovered to 31% by June 2025, entering what Adler calls the “strong zone.” This rebound coincided with Bitcoin’s climb back toward $110,000, reinforcing bullish sentiment.

While 31% remains below historic peak CAGRs of 50–80%, Adler notes that the backdrop is favorable. If futures market momentum and leverage continue to build, he projects that Bitcoin could reach $168,000 as early as October 2025. For now, all eyes are on BTC’s next move because whichever direction it breaks, it will likely set the tone for the rest of the year.

BTC Consolidates Below ATH: Market Awaits Next Move

Bitcoin is currently trading at $107,259 on the daily chart after a minor 1.31% pullback from the $109,300 resistance level. The price action shows BTC forming a range between $103,600 (support) and $109,300 (resistance), with multiple rejections from the upper boundary. Despite this, Bitcoin continues to hold above the 50-day simple moving average (SMA) at $102,998, suggesting that the broader uptrend remains intact for now.

This consolidation comes after BTC rebounded sharply from the $103,600 support zone earlier this month. The structure is still constructive, but bulls need to reclaim and hold above the $109,300 level to challenge the $112K all-time high and push into price discovery. Failure to do so could lead to a retest of $103,600, where liquidity is likely concentrated.

Volume remains relatively stable, though slightly lower on this latest leg up, hinting that momentum is cooling. That said, as long as BTC holds above the key moving averages and does not close below $103,600, the bullish structure is preserved.

Featured image from Dall-E, chart from TradingView

The XRP price appears to be approaching higher valuations as liquidity levels point to increasing buying pressure. According to a crypto market expert, this trend could set the stage for a potentially powerful rally. However, the altcoin must first break through the key resistance level at $2.40 to confirm a sustained move upwards.  

XRP Price Faces $2.4 Barrier Before Next Leg Up

XRP is currently displaying early signs of strong bullish momentum that could propel it to fresh highs. However, a crypto analyst on X (formerly Twitter), known as ‘CryptoInsightsuk,’ warns that a confirmed breakout in the XRP price will require a decisive move above the critical $2.4 resistance. 

One of the analyst’s price charts highlights that XRP is now testing a long-term descending trendline, which has consistently rejected previous upward attempts. CryptoInsightsuk notes that the token, which was trading around $2.28 at the time of the analysis, is struggling to hold above the $2.4 resistance level. The goal is to flip this crucial price point into support, as failure to do so could stall bullish momentum. 

Moving forward, XRP’s Relative Strength Index (RSI), located in the first price chart, is positioned near the neutral 51 mark, indicating a balanced momentum with possible room for further upside. While normal RSI remains evenhanded, its Stochastic RSI, situated at the bottom of the chart, has entered overbought territory. 

The Stochastic RSI is currently above 80, which often signals a short-term cooldown or consolidation before another leg up. Despite the recent bounce, where XRP jumped from around $2.05 in January to approximately $2.8, the altcoin’s volume has remained relatively modest.

Notably, CryptoInsightsuk identifies $2.4 as the first real hurdle. A daily close above this threshold would signal the early stages of a potential trend reversal. However, the more substantial resistance remains at $2.6. Only a break above this level would fully confirm the bullish trend and potentially open the door to more aggressive upside targets. Until then, the pressure remains on bulls to sustain the altcoin’s momentum at this pivotal stage and push its price toward new breakout levels.

Liquidity Levels Signal Caution As Price Tests Resistance 

CryptoInsightsuk’s second XRP price chart reinforces his bullish outlook, offering a detailed look at the cryptocurrency’s liquidity levels and volume concentration. The analyst emphasized the importance of liquidity levels currently forming around the altcoin. These levels represent areas of strong market interest and typically serve as both resistance and potential magnets for price action. 

Notably, CryptoInsightsuk points out that liquidity can sometimes be left behind as price moves. Still, when it’s as dense and pronounced as it is now, it becomes a key factor in market behavior and future price movements. Despite XRP’s bullish structure, the analyst remains cautious, as strong liquidity nearby suggests that the area could become a trap if the price fails to break above it. 

On June 12, 2010, core BTC contributor Gavin Andresen launched the famous Bitcoin Faucet. At that time, the cryptocurrency was barely over a year old, and there was much uncertainty surrounding its future.

The Bitcoin Faucet was one of the first projects to boost its adoption. The website gifted 5 BTC to every visitor, at a time when each BTC was valued at around $1, in an attempt to provide more people with access to the digital asset.

Since then the cryptocurrency has made one of the biggest rallies in history rising from less than $1 to over $100,000. In addition, the digital asset has been embraced by major institutions in the legacy financial world.

Art Installation Commemorates Bitcoin Rise

In this context, fund investors turned mathematical artist Nelson Saiers created an unique sculpture to honored Bitcoin’s rise. As seen in the image below, the artist placed a piece called ‘Liquidity’ close to the NY Stock Exchange (NYSE) building.

The piece, a white monolithic block covered in Bitcoin themes and pieces of code with a black faucet, not only illustrates this key early project, but also how the cryptocurrency has made its way into Wall Street.

In an exclusive talk with Bitcoinist, the artist claims that the piece was strategically installed near the NYSE to highlight Bitcoin’s massive jump, but also how the US Federal Reserve (Fed) and traditional institutions contributed with the cryptocurrency’s ascend. Saiers told us:

I placed a sculpture called “Liquidity” near the NY Stock Exchange to commemorate this event. The choice to place it near the NYSE was to celebrate its rise from a token that had little value 15 years ago to an asset with a total market cap that only a few stocks exceed.

The faucet imagery and the title “Liquidity” also point to the Fed’s actions injecting liquidity into the market which in my opinion benefited BTC.

Bitcoin An Outsider No More

Over the past decade, Saiers has dedicated to create and install unique pieces to celebrate Bitcoin and denounced US authorities. As Bitcoinist covered 3 years ago, the artist called cheap on the US Fed by installing a vintage gumball machine in front of the Wall Street Bull pointing at the institution’s “cheap money” policies.

Furthermore, Saiers also installed an inflatable Bitcoin Rat, one of his most iconic pieces, on different occasions with a similar goal to conveyed the popular feeling of mistrust and lack of confidence in legacy institutions.

Regarding his latest piece, Saiers also told us:

In many ways BTC is the ultimate financial outsider. It was mocked and insulted by many leading experts from Nobel laureates to world class financiers like Warren Buffett and Jaime Dimon. But today its gone from something that was being handed out for free 15 years ago by Andresen to an asset whose market cap few stocks exceed (…)

Cover image courtesy of Nelson Saiers, chart from Tradingview

Bitcoin’s next climb could face less selling once it sails past $130,000, according to comments from Hunter Horsley, CEO of Bitwise.

Bitcoin spent much of this week hovering near its May 22 all-time high of $111,975. At $107,880, it’s just $3,275 below that peak. Early buyers have taken some profits, but that trend may fade if the coin breaks into truly new territory. Profit Taking Around 100K Level

According to Horsley, most of the selling seen lately stems from holders who bought Bitcoin long ago at low prices. He points to the $100,000 mark as a key threshold.

When BTC hit that level on May 8, on-chain analytics firm Glassnode flagged a “notable increase” in old-timer selling. Those gains are real — Bitcoin is up roughly 210% for coins held at least 150 days. It’s natural for people to pocket some profit once they’re in the green.

I think once Bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin.

Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices, are selling some.

That said, once Bitcoin breaks new levels, this…

— Hunter Horsley (@HHorsley) June 10, 2025

High Gains For Long-Term Holders

Based on reports from crypto analytics platform Bitbo, the average long-term holder paid about $34,415 per Bitcoin. Right now, that’s a hefty 210% profit at current prices.

Once Bitcoin climbs into the $130k–150,000 zone, Horsley says, profit-taking will slow down. At that point, sellers would be weighing a 300% gain or more. Few will want to give back those kinds of returns.

Borrowing As An Alternative

Horsley also notes a shift in how people can tap their gains without selling. The growth of on-chain borrowing and lending means holders can use Bitcoin as collateral.

Instead of cashing out, they can draw loans against their coins. That leaves the supply of BTC on exchanges and over the counter desks tighter, helping to support higher prices.

Miner Supply Remains Low

Another factor is miner sales. Strategy’s Michael Saylor pointed out on June 10 that miners are moving about 450 BTC per day. At today’s rates, that’s roughly $50 million in sells each day.

If that volume is entirely bought up, Saylor believes prices must move higher. With only 450 coins hitting the market each day, even modest demand can tip the scales.

Market analysts back the idea that $130,000 is within reach. They cite strong flows from big institutions as a boost to prices this year. Institutional demand meets dwindling daily supply, and the math points toward fresh highs.

Still, not everyone stops selling at new peaks. Latecomers who buy near big milestones can be prone to take profits quickly. And loans against Bitcoin carry risk if prices drop, leading to forced selling.

Macroeconomic moves or regulatory news could also spark swings in either direction.

Featured image from Pexels, chart from TradingView

In a conversation with journalist Laura Shin on the latest episode of Unchained, Bitwise Head of Alpha Strategies Jeff Park sketched a future in which Japan’s financial system—and the political imperatives that underpin it—place the country at the fulcrum of the next major wave of institutional Bitcoin adoption. Park, a former macro portfolio manager who now advises the$3.5 billion crypto asset manager, argued that Tokyo’s structural role in global credit markets, its historically deflationary domestic economy and a fast-emerging retail fascination with “digital gold” together give Japan unique leverage in shaping the monetary order that is forming around BTC.

Park called Japan “the centre of the entire financial system today,” citing the long-standing yen-funded carry trade that exports Japan’s ultra-low borrowing costs into dollar markets. When Japanese rates rise, he noted, “you see a violent unwind of the carry trade that directly impacts US rates,” illustrating how tightly interwoven the two economies remain despite different growth trajectories. Against that backdrop, Park contends that a credible move by the United States toward adding BTC to its own reserves cannot happen in isolation: “When the US does go on the journey of acquiring Bitcoin for their sovereign wealth or treasury assets, then Japan must be a little bit privy to that because they would probably want to act in concert.”

In Park’s telling, Tokyo’s response is not merely a diplomatic nicety. If Washington were to accumulate Bitcoin without warning, “Japan would be pretty upset,” he said. “They would say, ‘Hey, we have to do it together because I’m on the other side of the trade. If you’re going to front-run me, then I’m going to front-run you.’” That tension, he suggested, is one reason US policy makers have so far hesitated to follow El Salvador, by placing Bitcoin directly on the national balance-sheet. “Once the US starts doing it,” Park warned, “there are other tangential players who would be conflicted… and I think Japan is at the centre of it.”

Japan Might Flip The Switch On Global Bitcoin Adoption

Park sees a convergence of incentives pushing Japanese actors—retail, corporate and state—toward Bitcoin. Years of negative deposit rates and chronic demographic headwinds have left savers “starved for yield,” while institutions searching for growth “invest in US stocks directly” as an extension of the carry trade. Adding Bitcoin to that toolkit, he argued, offers Japanese investors an instrument “not only just incredibly volatile but high-performing… backed by Bitcoin, the one collateral that you can lean on that isn’t you being subservient to the funding model.”

The first tremor of that shift, Park said, has already surfaced on the Tokyo Stock Exchange through the meteoric rally in Metaplanet Inc., the listed hotel operator that adopted a “Bitcoin-first” treasury strategy in April. “The meteoric rise of Metaplanet is truly a cultural one,” he told Shin. “Japanese investors are waking up for the first time to understand what Bitcoin can do for their wealth-accumulation strategies and their portfolio construction.” Although Park did not disclose whether Bitwise holds Metaplanet shares, he framed the company’s ascent as evidence that domestic demand exists for securities that express a long Bitcoin thesis inside Japan’s familiar corporate wrapper.

Park’s analysis moves beyond price action and into geopolitics. He portrayed Bitcoin as a neutral reserve asset that could soften the asymmetric burdens created by dollar hegemony. “If Japan understands where the world is going in the store of value,” he said, “they should have an eye on a way to preserve wealth that touches Bitcoin.” He went further: “At the core, Japan is going to be a big player in ushering the era of Bitcoin adoption.” For Park, that eventuality follows from simple arithmetic. Should Japanese authorities choose to diversify even a modest slice of the country’s$1.1 trillion in foreign-exchange reserves—or the $8.7 trillion held in life-insurance and pension pools—into Bitcoin, the liquidity shock would be profound.

The interview also highlighted how a coordinated US–Japan approach could reshape the strategic Bitcoin reserves landscape. Park, while cautious about a unilateral American move, implied that a tandem accumulation programme might dampen market disruption and embed Bitcoin within existing alliance structures. “I think the US really does not understand the role of Japan even today,” he continued. “Japan is hinged to the butt of the American experience and the US must succeed together as an alliance.”

For now, Park sees the private sector leading. He pointed to Bitwise’s own analysis showing Japanese corporate treasuries experimenting with modest Bitcoin allocations, while regulators in Tokyo continue to refine guidance on custody, accounting and trust-bank administration of digital assets. That interplay between policy pragmatism and grassroots enthusiasm, he argued, could make Japan a laboratory for the capital-market instruments—convertible debt, perpetual preferred shares and exchange-traded funds—already proliferating in the United States.

Asked by Shin whether Japan’s ascent might accelerate if US mortgage rates remain high and domestic political consensus frays, Park nodded to generational dynamics: younger savers find Bitcoin “directionally the right thing to own as a way to grow wealth,” while Japanese youth, long resigned to stagnation, increasingly view the cryptocurrency as a lifeline. “It’s actually very acutely obvious to young people the role that Bitcoin can serve,” he said earlier in the programme when discussing housing affordability. In Japan’s context, he suggested, that clarity is amplified by a three-decade struggle against deflation and now a sudden, unfamiliar bout of inflation.

If Tokyo elects to move, it could catalyse coordinated reserve diversification, accelerate financialisation of Bitcoin-linked securities and underscore the cryptocurrency’s emerging role as a geopolitically neutral asset. As Park summed up: “Japan will be an incredible player for Bitcoin adoption”—and in the tight weave of global finance, the timetable for that pivot may ultimately set the cadence for everyone else.

At press time, BTC traded at $107,818.

Shiba Inu has witnessed a dramatic spike in its burn rate over the past 24 hours, according to data from Shiba Inu burn tracker Shibburn.com. The total number of tokens sent to burn addresses surged by over 1,800% during this period, marking one of the most notable increases in recent weeks. 

The spike in SHIB burns is coming as the Shiba Inu price is attempting to stabilize above the $0.000013 price level. However, despite the short-term surge in token burning, the scale of the burn is insignificant when placed beside the meme coin’s massive total supply.

Shiba Inu Burn Activity Spikes Suddenly

Data from Shiba Inu burn tracker Shibburn shows that 4,578,466 SHIB tokens were sent to burn addresses in the past 24 hours, which represents a 1869% increase from the previous 24-hour timeframe. Interestingly, the majority of the tokens burned in the latest cycle came from just two large transactions.

The first involved the movement of 3,295,542 SHIB tokens to a designated burn wallet known as CA. Two hours later, a second transaction saw another 1,173,708 tokens sent into a separate address labeled BA-2. 

On-chain data links both transactions to a wallet identified as “0xa9d1,” which is tied to the Coinbase10 label. This means that the burns may have been executed by a user on the Coinbase crypto exchange. Combined, the two burns amounted to 4,469,520 SHIB tokens and were primarily responsible for the 1,869% jump in the daily burn rate.

Shiba Inu’s Large Supply Still Far Ahead

Although the number of SHIB burned in the past 24 hours is a lot, it is actually small compared to the amount of SHIB burned during periods of high activity surrounding Shiba Inu. Also, it barely makes a dent in the circulating supply of Shiba Inu. 

The numbers show a 1,800% spike in 24 hours, but the impact of the burn is somewhat negligible in the grand scheme of SHIB’s supply structure. Shiba Inu was created with a total supply of 999.9 trillion SHIB tokens. Of this total supply, 410.7 trillion SHIB has been burned and removed from circulation, meaning there are still 589.9 trillion SHIB in total supply. 

Out of this total supply, only 4.7 trillion SHIB tokens are currently staked, meaning that there are presently about 584.5 trillion SHIB tokens in circulation. When placed next to such a massive figure, the 4.58 million burned in the past 24 hours is barely noticeable both numerically and in terms of price effect. For SHIB’s supply to reduce meaningfully enough to influence price over time, far larger and more sustained burns would need to occur.

At the time of writing, Shiba Inu is trading at $0.00001272, down by 4.9% in the past 24 hours.

Michael Saylor doesn’t seem bothered about other big companies joining the Bitcoin bandwagon.

Speaking on Bloomberg Crypto alongside Matt Meilier and Katie Greifeld, the MicroStrategy (rebranded to Strategy) executive chairman made it clear that he’s not losing sleep over JPMorgan or Warren Buffett. In fact, he sounded ready for them.

Saylor’s confidence hasn’t changed. His company, now completely backed by crypto, is still buying—and according to him, that’s what makes all the difference.

Strategy’s Bitcoin Bet Remains Unshaken

At the moment, Bitcoin is trading at $107,918. Saylor believes it’s still early. He told Bloomberg that legacy firms like JPMorgan will probably wait until BTC hits $1 million before they make serious moves.

JPMorgan recently announced plans to let select clients borrow money using Bitcoin ETFs as collateral. That news came not long after reports that the banking giant will soon allow direct Bitcoin purchases. These signs point to a growing interest in crypto, even from traditional finance heavyweights.

Saylor, though, brushed it off. He said Strategy is ready to compete with anyone, no matter how big. He argued that firms like JPMorgan will end up buying crypto when it’s much more expensive than it is now.

Michael Saylor: I welcome the competition from JP Morgan. I hope they enter the space. I’m not really worried. When they (finally do it) they’ll be paying $1 million per Bitcoin. The price will go to the moon.” pic.twitter.com/YaEg4ToLTg

— Altcoin Daily (@AltcoinDaily) June 10, 2025

No More Bear Markets?

During the interview, Saylor made another bold claim—he said there would never be a bear market for Bitcoin again. While that’s hard to prove, he backed it with Strategy’s continued buying and the strong demand he believes is still to come.

The idea that Bitcoin might never dip again would sound strange to most investors. But for Saylor, Bitcoin isn’t just an asset. It’s the foundation of Strategy’s entire business model. He says that’s what gives the company an edge.

He also said that the Bitcoin-backed structure helps Strategy issue preferred stock with more liquidity and better returns. These claims weren’t backed by detailed data, but Saylor was confident during the interview.

JPMorgan’s Move Seen As Bullish For Bitcoin

Despite downplaying the competition, Saylor did admit that JPMorgan’s involvement could be good for the overall market. He thinks it could boost BTC price even higher, creating gains for everyone already holding BTC or related products.

On May 1, he tweeted that Bitcoin will reach $1 million before most wealth managers advise their clients to buy in. He took it a step further and said it might hit $10 million before they realize it’s a good idea.

Calls For More Tech Giants To Buy Crypto

Saylor hasn’t stopped at just talking about JPMorgan. He’s reportedly encouraged companies like Apple and Microsoft to get Bitcoin exposure. His push isn’t just about Strategy—it’s part of a larger vision he’s been promoting for years.

He also took a jab at skeptics like JPMorgan CEO Jamie Dimon and US President Donald Trump supporter Warren Buffett. Saylor believes their criticism comes from not understanding Bitcoin.

Whether people agree or not, Saylor’s message hasn’t changed. He says Strategy is still buying, and he’s not afraid of the competition.

Featured image from Medium, chart from TradingView

According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid.

At press time, the 10,000 HYPE are worth over $420,000 and represent the biggest stake by a publicly traded company in this DeFi platform. Launched in late 2024, Hyperliquid has gained a lot of attention within the crypto space due to its bullish price action; HYPE rose from $1 to around $42 in less than a year.

Why The Massive Bet in HYPE? Tony G CEO Answers

As per the press release, Tony G Holdings operates as an investment company. Thus, they specialize in looking for opportunities to generate profits by investing in securities and different sectors with a special focus in cryptocurrency, payment processing businesses, and blockchain.

The acquisition of 10,000 HYPE follows a “long term digital asset strategy” which marks a “significant milestone” for the company. Furthermore, it was revealed that the Canadian company used WonderFi as the trading venue that facilitated the transaction.

Matt Zahab, CEO at Tony G, stated the following regarding their massive HYPE acquisition:

This acquisition reflects our strategic commitment to supporting digital infrastructure that is driving the next wave of innovation. HyperLiquid represents one of the most exciting developments in decentralized trading infrastructure, and we are proud to be one of the first public companies to invest in the HyperLiquid ecosystem.

This is far from the first time that Tony G has made headlines in the crypto space. The company attracted media attention in 2022 when it sold 51% of its stake in News 3.0 the entity operating as cryptonews.com.

The Canadian investment company netted $2 million from this transaction. The totality of the money was to be paid monthly for $166,666. Tony G accepted cryptocurrencies as part this deal at a time when the DeFi sector saw severe losses due to the collapse of the FTX exchange.

Hyperliquid Community Speculates: HYPE ETF On The Horizon?

Since its inception, the Hyperliquid DEX has been heavily focused on favoring its users over institutions and Venture Capitalist firms. Thus, the DeFi platform has gained adoption, not without its critics, in this sector.

Following the Tony G 10,000 HYPE acquisition, and due to the recent developments around the potential launch of a Solana Exchange Traded Fund (ETF), many in this community has begun circulating rumors about the potential launch of a HYPE ETF.

Related Reading: Dogecoin Volume Remains Low Despite Price Rebound, What’s Going On?

On the recent announcement, a popular community member stated the following:

Public companies are now adding HYPE to their balance sheets. A company with the ticker TONY is up 63% after buying 10,387.685 HYPE for $438,828.46 (cost basis of $42.24).

It feels inevitable that a Microstrategy for HYPE will show up at some point (…).

Cover image by ChaGPT, HYPE/USDT chart from Tradingview

Ripple chief executive Brad Garlinghouse used XRPL Apex 2025 to set an audacious target for the company’s native asset. “If you’re driving all the liquidity, that’s good for XRP … so I’ll say five years, 14 percent,” he told the audience, distinguishing sharply between SWIFT’s well-known messaging layer and the liquidity rails that actually move money.

“SWIFT today, there’s two ways to think about SWIFT. There’s messaging and there’s liquidity. Liquidity is owned by the banks. I think less about the messaging and more about liquidity,” the Ripple CEO said.

Garlinghouse’s forecast came during a dialogue with Ripple’s chief technologist David Schwartz, who framed the broader prize: “We’re going to see many, many hundreds of billions of dollars in tokenized … assets fairly quickly.” Schwartz argued that blockchains solve a mundane but stubborn problem in corporate audits—“How do you know I don’t owe somebody money that isn’t in the records you’re checking?”—and that this built-in transparency will accelerate adoption.

What XRP’s 14% SWIFT Takeover Could Mean

Quantifying Garlinghouse’s projection depends on which slice of SWIFT’s activity one counts. From the daily lens, industry data widely quoted in payments-technology literature shows SWIFT messages directing almost $5 trillion every 24 hours. Fourteen percent of that flow is roughly $700 billion per day—a value that could, under Ripple’s thesis, migrate to XRP-based liquidity rails.

From the annual payments lens and the cross-border payment traffic alone, SWIFT has been estimated to settle about $150 trillion a year. Fourteen percent of that narrower baseline would still amount to $21 trillion annually, more than the combined 2024 GDP of Japan and Germany.

Either yard-stick underscores the scale of the ambition: if XRP were to intermediate even the lower $21 trillion figure, its settlement throughput would eclipse that of most major national payment systems.

Garlinghouse’s insistence on “liquidity” rather than “messaging” mirrors Ripple’s strategy since 2018, when it began pitching XRP as a real-time bridge asset for banks preferring to keep nostro-vostro balances lean. SWIFT itself, serving over 11,500 institutions, acknowledges it “sends trillions of dollars every day,” a breadth Ripple cannot ignore.

That focus also explains Ripple’s recent engineering milestones showcased in Singapore: Native support for institutional-grade tokenization modules, aimed at the “hundreds of billions” Schwartz referenced. A re-architected liquidity hub that auto-routes fiat and digital-asset trades to minimize slippage when large banks unwind positions intraday.

XRP is the fourth-largest cryptocurrency by market capitalization, hovering near $132 billion during the conference. Although the token has quadrupled in value since the 2024 US election cycle, turnover remains a fraction of what would be required to handle a multi-hundred-billion-dollar daily flow.

Ripple says its on-demand liquidity corridors processed “single-digit billions” last quarter; scaling to Garlinghouse’s target would therefore entail a two-order-of-magnitude jump.

At press time, XRP traded at $2.25.

The US Senate has moved forward with bipartisan legislation aimed at regulating stablecoins, a measure supported by both the crypto sector and President Donald Trump. Following a 68-30 procedural vote on Wednesday, the bill is set to face final approval as early as next week, according to Bloomberg.

Stablecoin Bill Gains Momentum

This advancement comes on the heels of similar progress in the House, where the Financial Services and Agriculture committees have also advanced broader cryptocurrency legislation. Notably, Republican lawmakers successfully defeated attempts to attach amendments aimed at restricting Trump’s potential profits from his crypto ventures.

The stablecoin legislation seeks to establish clear guidelines for digital tokens pegged to traditional currencies, like the US dollar. Proponents believe that regulation will help integrate stablecoins into mainstream payment systems, enhancing their usability and acceptance.

Senate Majority Leader John Thune has expressed optimism about the swift passage of the stablecoin bill, urging the House to expedite its approval and send it to the president’s desk. 

Meanwhile, Senate Banking Chair Tim Scott anticipates holding hearings on broader crypto regulations in July, although he expects any comprehensive legislation to emerge in the fall.

Transaction Efficiency Against Credit Card Giants

Supporters of the stablecoin initiative, including Treasury Secretary Scott Bessent, have highlighted the potential for dollar-pegged stablecoins to bolster demand for US dollars and government debt. 

Under the proposed legislation, issuers would be required to maintain dollar-for-dollar reserves in assets such as short-term government securities, ensuring regulatory oversight.

Retailers have also been vocal advocates of the bill, hoping that stablecoins will offer more efficient and cost-effective transaction methods compared to existing credit card systems. However, they have sought to attach provisions that would foster competition against major credit card networks like Visa and Mastercard.

Concerns have emerged from smaller banks about the potential impact of stablecoins on deposits and credit availability. In contrast, larger banks are exploring the prospect of issuing their own stablecoins, which could generate profits from the interest accrued on reserve assets.

Concerns Of Issuer Failures

Despite the momentum for the stablecoin bill, criticisms persist. Democrats, spearheaded by Senator Elizabeth Warren, argue that the legislation lacks sufficient consumer protections, leaving customers vulnerable in the event of issuer failures.

Proponents remain hopeful, with Matt Hougan, Chief Investment Officer at Bitwise Asset Management, asserting that successful passage of the legislation could enhance the dollar’s status as the world’s reserve currency. He emphasized, “If we pass stablecoin legislation, dollars will be exported around the world.”

Additionally, Roger Hallam, Global Head of Rates at Vanguard, noted that increased demand for short-term government debt could prompt the Treasury to issue more Treasury bills, thereby alleviating current market tensions regarding future bond issuance.

Featured image from DALL-E, chart from TradingView.com 

Is altcoin season coming? Well, popular crypto exchange Coinbase has announced that it will list several new altcoins, including utility tokens like $CAKE and $SQD, but also meme tokens like $FARTCOIN. Folks can start trading in them from Thursday 12 p.m. EST.

Needless to say, Fartcoin is the most popular among the new listings. It has a massive market cap of $1.34B, which also makes it the second-largest Solana meme coin, just behind $TRUMP.

This ‘stinky’ token, which came into popularity in October 2024 when the Truth Terminal AI chatbot promoted it, has surged more than 44% over the past week.

And, considering that $FARTCOIN is now bouncing of the 20 EMA on the weekly chart, its Coinbase listing could be the push it needs to hit a new all-time high of $2.75.

Read on as we spill more positive meme coin updates and point you towards the three best meme coins to buy right now.

$DOGE Jumps After Musk’s Apology Tweet

After a two-day long online brawl between power and money, i.e., Trump and Musk, the latter tweeted to express regret on his earlier posts about the president, acknowledging that he ‘went too far.’

Dogecoin ($DOGE), a top meme coin that’s heavily influenced by Musk’s tweets, welcomed this news with open arms and jumped 6.32% to $0.20.

It’s worth noting that the correlation between Musk and $DOGE became stronger after his appointment to the Department of Government Efficiency (DOGE).

In other news, Bloomberg has also upgraded the chances of a Dogecoin ETF approval to 80%, which is now more than Cardano’s 75%.

As you can probably guess, a $DOGE ETF will boost market participation in Dogecoin, potentially throwing it to new heights.

With all the recent news pointing towards an alt season just around the corner, surely you’d like some suggestions to prepare for the new market frenzy.

We hear you, and we’re here to deliver. Here are our top three best altcoins to buy before the next rally.

1. Solaxy ($SOLX) – First-Ever Solana Layer 2 is the Altcoin to Buy Right Now

Solaxy ($SOLX), unlike $FARTCOIN and the like, is a new meme coin with real utility. It plans to alleviate Solana’s pain points and restore its efficiency, which is the main reason why meme coins flock to it in the first place.

Solana has been struggling with congestion ever since the success of $TRUMP and $MELANIA flooded the network with transaction requests.

Solaxy, however, will solve this by building the first true L2 solution on Solana. This will reduce the traffic on the network’s mainnet by offloading transactions onto a sidechain.

The transactions will then be validated on the L1. This will keep the security intact, ensuring that investors benefit from both the L2’s speed and the L1’s security.

Additionally, Solaxy’s recent collaboration with Hyperlane will also benefit Solana, because it’ll plug the Solaxy blockchain directly into Ethereum. This multi-chain approach will allow investors to tap into both Ethereum’s liquidity and Solana’s efficiency.

The project is currently in presale for four more days, which is noteworthy because it means you can buy Solaxy for some of its lowest-ever prices. One $SOLX is available for just $0.001754, and the presale has raised a whopping $48M so far.

After listing this June, our Solaxy price prediction sees the coin potentially hitting $0.032.

2. BTC Bull Token ($BTCBULL) – Bitcoin-Themed Meme Coin Offering Free $BTC Airdrops

BTC Bull Token ($BTCBULL) is one of the best cryptos to buy now on account of its unique way of supporting Bitcoin’s growth.

If you buy $BTCBULL and store the tokens in Best Wallet, every time Bitcoin reaches a new milestone – $150K and $200K – you’ll receive free $BTC directly in your crypto wallet.

In addition to a game-changing airdrop idea, BTC Bull Token also plans to burn a part of the total token supply at regular intervals.

A token burn event will take place every time Bitcoin’s price climbs up by $50K. Accordingly, the first burn event will take place at $125K, followed by another at $175K, and so on.

Investors, both retailers and crypto whales, are flocking to BTC Bull Token’s presale. It’s currently ongoing, with over $7.1M in funding and counting.

Don’t miss out on the best pro-Bitcoin meme coin yet and buy $BTCBULL for just $0.00256 each. We forecast $BTCBULL climbing up to $0.06 after listing in 2025.

3. SPX6900 ($SPX) – Viral Meme Coin Blending Humor and Finance

Speaking of meme coins, SPX6900 has emerged as one of the top trending cryptos, with a gain of more than 40% over the past week.

Its mission is to claim victory over the traditional S&P 500 stock market index by overtaking it in market capitalization. Absurd? Yes. Thrilling for meme coin degens? Also yes!

Despite having no traditional utility or intrinsic value, $SPX has been a force to reckon with on the exchanges. It’s solid evidence that community-backing is often the most important thing as far a meme coin’s success is concerned.

Currently trading at $1.64, $SPX is on an unprecedented bull run, making new all-time highs as we speak.

Bottom Line

All in all, Coinbase legitimizing meme coins like $FARTCOIN, combined with the unexpected Musk-Trump reconciliation, has created a bullish narrative for the altcoin economy, with $DOGE and $SPX leading the charge.

We believe new top altcoins like Solaxy ($SOLX) and BTC Bull Token ($BTCBULL) could benefit from this new era of community-backed surges in the digital asset space.

That said, none of this is financial advice, and we urge you to do your own research before investing.