Tag: BTC

  • Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX

    • Ether (ETH) at $2,770, up nearly 11% this month, outperforming Bitcoin’s (BTC) 5% rise.
    • ETH (45.2%) now overshadows BTC (38.1%) in trading volume on OKX’s perpetual futures market.
    • Despite BTC volatility, institutions are “buying the dips,” with long-term holder supply growing, per Glassnode.

    As Asian markets kicked off their Thursday trading, Ether (ETH) was changing hands at $2,770, having demonstrated robust performance throughout the month.

    This strength, particularly in derivatives markets where it’s reportedly overshadowing Bitcoin (BTC), signals a growing institutional appetite for Ethereum’s structural growth potential and its pivotal role in bridging decentralized finance (DeFi) with traditional finance (TradFi).

    Meanwhile, the broader crypto landscape is seeing a significant surge in stablecoin activity, with Tron emerging as a key beneficiary.

    Ether has notably outperformed Bitcoin this month, with CoinDesk market data showing an almost 11% rise for ETH compared to BTC’s 5% gain.

    This divergence is partly attributed to increasing institutional trading demand for Ethereum. Lennix Lai, Chief Commercial Officer at crypto exchange OKX, told CoinDesk in an interview that sophisticated investors are increasingly betting on ETH, a trend evident in its derivatives market activity.

    “Ethereum is overshadowing BTC on our perpetual futures market, with ETH accounting for 45.2% of trading volume over the past week. BTC, by comparison, sits at 38.1%,” Lai revealed.

    This finding aligns with similar trends observed on other major derivatives platforms like Deribit, as CoinDesk recently reported, suggesting a significant shift in how institutional players are allocating capital within the crypto space.

    This isn’t to say that institutional interest in Bitcoin has waned. A recent report from on-chain analytics firm Glassnode indicates that despite Bitcoin’s recent price volatility, institutions have been actively “buying the dips.”

    Glassnode’s analysis showed that long-term holders (LTHs) realized over $930 million in profits per day during recent BTC rallies, a distribution level rivaling those seen at previous market cycle peaks.

    Remarkably, instead of triggering a broader sell-off, the supply held by these LTHs actually grew.

    “This dynamic highlights that maturation and accumulation pressures are outweighing distribution behavior,” Glassnode analysts wrote, noting that this is “highly atypical for late-stage bull markets.”

    Despite these underlying strengths, both leading cryptocurrencies remain susceptible to geopolitical risks and unpredictable “black swan” events, such as the recent public dispute between US President Donald Trump and tech billionaire Elon Musk.

    Such episodes serve as stark reminders that market sentiment can shift rapidly, even within structurally strong markets.

    However, beneath this surface-level volatility, institutional conviction appears to remain intact.

    Ethereum is increasingly being viewed as the preferred vehicle for accessing regulated DeFi opportunities, while Bitcoin continues to benefit from long-term accumulation by institutions, often via Exchange Traded Funds (ETFs).

    “Macro uncertainties remain, but $3,000 ETH looks increasingly likely,” Lai concluded, offering a bullish outlook for Ethereum’s near-term price potential.

    Stablecoin surge: liquidity pours in, Tron leads the charge

    The stablecoin market is experiencing a significant boom, recently hitting an all-time high market capitalization of $228 billion, marking a 17% increase year-to-date, according to a new report from CryptoQuant.

    This surge in dollar-pegged liquidity is being driven by renewed investor confidence, buoyed by factors such as the blockbuster Initial Public Offering (IPO) of stablecoin issuer Circle, rising yields in DeFi protocols, and improving regulatory clarity in the US This influx of capital is quietly redrawing the map of where liquidity resides on-chain.

    “The amount of stablecoins on centralized exchanges has also reached record high levels, supporting crypto trading liquidity,” CryptoQuant reported.

    Their data indicates that the total value of ERC20 stablecoins (those built on Ethereum) on centralized exchanges has climbed to a record $50 billion.

    Interestingly, most of this growth in exchange stablecoin reserves has been a result of the increase in USDC reserves on these platforms, which have grown by 1.6 times so far in 2025 to reach $8 billion.

    When it comes to the blockchain protocols benefiting most from these stablecoin inflows, Tron has emerged as the clear leader.

    Tron’s combination of fast transaction finality and deep integrations with major stablecoin issuers like Tether is credited with making it a “liquidity magnet.”

    Presto Research, in a recently released report echoing these findings, noted that Tron notched over $6 billion in net stablecoin inflows in May alone.

    This figure topped all other chains and positioned Tron with the second-highest number of daily active users, just behind Solana.

    Tron was also the top performer in terms of native total value locked (TVL) growth.

    In contrast, both Ethereum and Solana experienced significant stablecoin outflows and losses in bridge volume during the same period, according to Presto’s data.

    This suggests a potential lack of new yield opportunities or major protocol upgrades attractive enough to retain or draw in fresh stablecoin capital on those networks.

    Presto’s data confirms a broader trend: institutional and retail capital alike are increasingly rotating towards alternative Layer 1 and Layer 2 solutions like Base, Solana (despite recent outflows, it still attracts users), and Tron.

    The common denominators among these favored chains appear to be faster execution speeds, more dynamic and evolving ecosystems, and, in some cases, more substantial incentive programs.

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  • BTC trades at $109.7K after weekend surge; Ethereum’s Pectra upgrade boosts institutional staking

    BTC trades at $109.7K after weekend surge; Ethereum’s Pectra upgrade boosts institutional staking

    BTC trades at $109.7K after weekend surge; Ethereum's Pectra upgrade boosts institutional staking

    • Bitcoin (BTC) trades near $110K (at $109.7K), challenging recent “summer stagnation” predictions after a 3.26% weekend surge.
    • QCP Capital noted BTC was “stuck in a tight range,” with signs of fatigue like softening open interest and tapering ETF inflows.
    • Bitcoin’s breakout coincides with US-China trade talks and a $22B US Treasury bond auction, injecting market uncertainty.

    Bitcoin (BTC) is currently trading just shy of the $110,000 mark, changing hands at around $109,700 as the Asian trading week continues.

    This upward momentum challenges a prevailing market narrative that had anticipated a period of summer stagnation, and it comes even as analysts point to underlying signs of market fatigue.

    Meanwhile, developments in the Ethereum ecosystem suggest a significant shift towards institutional adoption, particularly in staking.

    Bitcoin’s surprise move: breaking out of the “tight range”

    The recent price action for Bitcoin has caught some market watchers by surprise. Over the weekend, the leading cryptocurrency surged 3.26%, climbing from $105,393 to $108,801.

    This move was accompanied by a significant spike in hourly volume, reaching 2.5 times the 24-hour average, according to CoinDesk Research’s technical analysis model.

    Bitcoin decisively broke above the $106,500 level, establishing new support at $107,600, and continued its ascent into Monday’s session, briefly touching $110,169.

    This rally comes on the heels of a recent note from QCP Capital which had emphasized suppressed volatility and a lack of immediate catalysts for a major price move.

    QCP’s Telegram note had pointed to one-year lows in implied volatility and a pattern of subdued price action, stating that BTC had been “stuck in a tight range” as summer approached.

    They suggested that a clean break below $100,000 or above $110,000 would be necessary to “reawaken broader market interest.”

    Even with this breakout, QCP had warned that recent macroeconomic developments had failed to spark strong directional conviction.

    “Even as US equities rallied and gold sold off in the wake of Friday’s stronger-than-expected jobs report, BTC remained conspicuously unmoved, caught in the cross-currents without a clear macro anchor,” the note stated.

    “Without a compelling narrative to spark the next leg higher, signs of fatigue are emerging. Perpetual open interest is softening, and spot BTC ETF inflows have started to taper.”

    This context makes Bitcoin’s current push towards $110,000 all the more noteworthy.

    The breakout also coincides with a tense macroeconomic backdrop, including ongoing US-China trade talks in London and a significant $22 billion US Treasury bond auction later this week, both of which have injected uncertainty into global markets.

    While these events could drive fresh volatility, QCP cautioned that recent headlines have mostly led to “knee-jerk reactions” that quickly fade.

    The pressing question now is whether Bitcoin’s move above $110,000 has genuine staying power or if the rally is running ahead of its underlying fundamentals.

    Ethereum’s institutional awakening: staking takes center stage

    While Bitcoin navigates its price dynamics, Ethereum (ETH) is experiencing a potentially transformative shift, with signs pointing towards accelerating institutional adoption, particularly in the realm of staking.

    Critics of Ethereum have often highlighted centralization risks within its ecosystem, but this narrative is reportedly fading as institutional infrastructure matures and recent protocol upgrades directly address past limitations.

    “Market participants will pay for decentralization because it’s in their economic interest from a security and principal protection standpoint,” Mara Schmiedt, CEO of institutional Ethereum staking platform Alluvial, told CoinDesk.

    “If you look at [decentralization metrics] all of these things have massively improved over the last couple of years.”

    Alluvial co-founded Liquid Collective, a protocol designed to facilitate institutional staking, which currently has $492 million worth of ETH staked.

    While this figure may seem modest compared to Ethereum’s total staked volume of around $93 billion, its significance lies in the fact that it originates predominantly from institutional investors.

    “We’re really on the cusp of a truly massive shift for Ethereum, driven by regulatory momentum and the ability to unlock the advantages of secure staking,” Schmiedt noted, highlighting a pivotal moment for the second-largest cryptocurrency.

    Central to Ethereum’s increasing institutional readiness is the recent Pectra upgrade, a development Schmiedt described as both “massive” and “underappreciated.”

    “I think Pectra has been a massive upgrade. I actually think it’s been underappreciated, just in terms of the tremendous amount of change it introduces into the staking mechanics,” Schmiedt said.

    A key component of Pectra, Execution Layer (EL) triggerable withdrawals, provides a crucial compatibility upgrade for institutional participants, including Exchange Traded Fund (ETF) issuers.

    This feature enables partial validator exits directly from Ethereum’s execution layer, aligning with institutional operational requirements such as T+1 redemption timelines.

    “EL triggerable withdrawals create a much more effective path to exit for large-scale market participants,” Schmiedt added.

    Ultimately, she expressed strong confidence in Ethereum’s institutional appeal, stating, “I think we’ll see that a lot more [ETH] in institutional portfolios going forward.”

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  • BTC holds $101.5K despite tariff news; bullish sentiment for $120K persists

    BTC holds $101.5K despite tariff news; bullish sentiment for $120K persists

    Bitcoin trades over $101.5K; analysts eye $120K amid corporate accumulation

    • Bitcoin trades above $101.5K in Asia, showing resilience despite new U.S. tariff uncertainties.
    • Analysts see continued bull market, with Polymarket traders pricing a 69% chance of BTC hitting $120K by year-end.
    • Pythagoras Investments’ Gabeljic notes BTC’s lower volatility compared to other digital assets amid tariff news.

    Bitcoin (BTC) commenced the Asian trading day holding steady above the $101,500 mark, demonstrating resilience in the face of fresh tariff-related uncertainties emanating from the Trump administration.

    While near-term volatility remains a factor, market analysts and traders appear increasingly focused on a sustained bull market through the remainder of the year, with a significant degree of confidence that Bitcoin will reach or surpass the $120,000 level, underpinned by persistent corporate buying and a notable decline in overall market volatility.

    The current market environment is characterized by a degree of caution, as unexpected tariff increases announced by the Trump administration have introduced some choppiness.

    “The uncertainty from unexpected tariff increases by the Trump administration is causing some volatility,” Semir Gabeljic, director of capital formation at Pythagoras Investments, acknowledged in an email to CoinDesk.

    However, he emphasized Bitcoin’s relative stability amidst these pressures: “However, bitcoin remains relatively strong, with lower volatility compared to other digital assets.”

    This underlying strength is further supported by a persistently bullish sentiment among institutional players.

    Gabeljic highlighted this by noting that traders on the prediction market platform Polymarket are “pricing in a 69% probability that Bitcoin will hit at least $120,000 by year-end.”

    This indicates a strong conviction in Bitcoin’s continued upward trajectory, despite any intermittent market headwinds.

    Echoing this optimistic outlook, FlowDesk, a Paris-based market maker, shared a similar sentiment in a recent note on Telegram, even amidst recently subdued market conditions.

    “The market is clearly coiling, waiting to break out of a narrow band just below all-time highs,” FlowDesk wrote in their market update note.

    They also observed a “significant repositioning and rotation from Bitcoin towards altcoins,” but crucially added that “BTC’s underlying strength remains evident.”

    FlowDesk also pointed to some signs of cautious market behavior, such as a modest decline in BTC funding rates on major exchanges like Binance, which typically suggests a reduction in the use of leverage by traders.

    However, on-chain borrowing activity has reportedly seen renewed vigor, a potential leading indicator that some market participants are anticipating an imminent breakout.

    The unwavering trend of Bitcoin accumulation

    A powerful and enduring narrative bolstering the bullish case for Bitcoin is the continued and accelerating accumulation of BTC by corporate treasuries.

    Listed companies now reportedly hold approximately 809,100 BTC, an amount valued at nearly $85 billion. This figure represents a near doubling of corporate Bitcoin holdings compared to a year ago.

    This significant uptake is being driven by a combination of factors, including favorable regulatory shifts and recent accounting changes that now allow companies to recognize gains on their Bitcoin holdings more readily.

    This trend of corporate adoption underscores a fundamental belief in Bitcoin’s long-term value proposition and its utility as a treasury reserve asset.

    “The expectation of a continued strong bitcoin remains,” Gabeljic affirmed, suggesting that this institutional and corporate buying pressure is a key pillar supporting the market’s current strength and future potential.

    As Bitcoin consolidates and traders navigate short-term uncertainties, the underlying accumulation by larger entities provides a strong foundation for continued optimism.

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  • BTC reclaims $110k as Trump Media announces $2.5B Bitcoin treasury

    BTC reclaims $110k as Trump Media announces $2.5B Bitcoin treasury

    Trump Media Plans To Buy Bitcoin

    • Trump Media and Technology Group has announced it is raising $2.5 billion to buy Bitcoin (BTC).
    • Bitcoin price rose slightly amid the news, reclaiming the $110k level.
    • Trump Media, a Donald Trump-linked company, has entered into agreements with 50 institutional investors to raise the funds.

    Trump Media and Technology Group, a Donald Trump-linked company that’s publicly traded in the US, has announced it’s raising $2.5 billion to invest in Bitcoin (BTC).

    Bitcoin price, which had hovered around $109k before the news, jumped to above $110,000 as bulls looked to reclaim the upper hand.

    The news comes as Bitcoin 2025, a major Bitcoin conference, begins in Las Vegas, with Trump sons Eric and Trump Jr expected as speakers.

    Trump Media eyes $2.5 billion Bitcoin treasury

    Nasdaq and NYSE Texas-listed Trump Media, trading under the ticker DJT, is the operator of Trump’s social media app Truth Social as well as streaming platform Truth+ and financial technology firm Truth.Fi.

    On Tuesday, the company revealed plans to raise $2.5 billion from 50 institutional investors, with subscription agreements targeting $1.5 billion of Trump Media common stock and $1 billion in convertible senior secured notes.

    The funds raised from this private placement offering will close on May 29, 2025.

    According to the announcement, the proceeds of the offering will be used to adopt a Bitcoin treasury.

    “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets. Our first acquisition of a crown jewel asset, this investment will help defend our Company against harassment and discrimination by financial institutions,” said Devin Nunes, chief executive officer and chairman of Trump Media.

    BTC on the balance sheet

    Adding Bitcoin to the Trump family-owned company’s balance sheet will see it join other publicly-traded companies that now hodl billions of dollars worth of the digital asset.

    The biggest player in this corporate frenzy for BTC is Strategy, which has amassed over $40 billion in BTC since first buying it in 2020.

    The surge in spot Bitcoin exchange-traded funds (ETFs) has also seen BlackRock gobble up thousands of BTC as inflows mount.

    Crypto.com and Anchorage Digital are Trump Media’s custody providers as it embarks on this BTC treasury venture.

    Other companies to help TMTG are Yorkville Securities and Clear Street as co-lead placement agents, and Cantor Fitzgerald as financial advisor.

    Bitcoin price changed hands around $110,065 at the time of writing, just 1.7% off its all-time high of $111,970 reached on May 22, 2025.

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  • Bitcoin hits new all-time high,100% of BTC holders in profit

    Bitcoin hits new all-time high,100% of BTC holders in profit

    Bitcoin surges to all time high

    • Bitcoin hit a new all-time high above$109,000 on May 21, 2025.
    • The milestone saw 100% of BTC holders fall into profit.
    • Bitcoin also surpassed Amazon in terms of market cap

    Bitcoin price has just surged to a new all-time high above $109k.

    On May 21, 2025, the price of Bitcoin spiked more than 4%, storming past its previous ATH as optimism swept bears aside.

    Over $50 million worth of BTC shorts were liquidated in just an hour.

    100% of Bitcoin holders are in profit

    This latest Bitcoin price surge sent every other holder of the coin into a profitable position.

    According to data from Sentora, formerly IntoTheBlock, 100% of Bitcoin addresses were in the money amid the massive milestone.

    With Bitcoin (BTC) price retesting the $109k level, holders underwater declined to zero. Also at 0% were addresses with the money, meaning wallets whose average buy price was at or near the previous ATH.

    Sentora had earlier shared via X on May 21, 2025, that BTC holders were 99% in profit as the price crossed the $107k level.

    A lot of those celebrating the new ATH are hodlers who have held BTC for more than a year. The percentage count according to Sentora data is 75%. More than 21% have held Bitcoin for 1-12 months.

    Notably, when Bitcoin price fell to under $80k in April, new holder wallets were among those to aggressively offload.

    Analyst says BTC could hit $600k in 2025

    On May 21, as Bitcoin price surged towards its all-time high above $109k, Fred Krueger shared his staggering Bitcoin price prediction for 2025.

    According to the BTC bull, the top crypto could see its price hit $600k by October 2025. While this may be an overly bullish take, his forecast is that a run to $150k by the summer will provide the impetus for a new parabolic leg up.

    Bitcoin surpasses Amazon by market cap

    In the past 24 hours, the benchmark crypto has also notched another milestone – its market cap has surpassed that of Amazon.

    According to details on CompaniesMarketCap, Bitcoin’s spike above $109k sees it overtake Amazon, the leading e-commerce company listed in the U.S.

    While Amazon currently sits at a $2.157 trillion market cap, Bitcoin has increased to over 2.166 trillion.

     



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  • Bitcoin ownership surpasses gold in the US as 50M Americans hold BTC

    Bitcoin ownership surpasses gold in the US as 50M Americans hold BTC

    Bitcoin ownership in the US

    • 50 million Americans now own Bitcoin, surpassing 37 million gold holders.
    • US firms hold 94.8% of publicly traded companies’ Bitcoin reserves.
    • US leads globally with 40% of all Bitcoin companies headquartered domestically.

    Bitcoin has officially outpaced gold in US ownership, marking a significant pivot in the country’s investment landscape.

    According to a new report released on 20 May by Bitcoin investment firm River, roughly 50 million Americans now own Bitcoin, compared to 37 million who own gold.

    This data underscores the rise of Bitcoin as a preferred store of value, reshaping traditional notions of economic security and reserve asset status.

    As Bitcoin ownership expands, it’s increasingly seen not just as a speculative instrument, but as a fundamental part of US financial infrastructure.

    US leads in global Bitcoin adoption and infrastructure

    The River report notes that the United States is the global leader in Bitcoin adoption, with 40 percent of all Bitcoin-related companies headquartered in the country.

    American firms also hold 94.8 percent of all Bitcoin owned by publicly traded companies worldwide, reflecting significant institutional backing.

    This dominance is supported by a robust ecosystem comprising crypto-focused startups, spot ETF launches, and policies promoting digital asset development.

    Regulatory momentum in Washington has further strengthened Bitcoin’s foundation in the financial system. Recent discussions around treating Bitcoin as a potential strategic reserve asset suggest growing political acceptance.

    Several politicians have floated the idea of the US government maintaining a Bitcoin reserve, signalling institutional confidence amid rising concerns over the US dollar’s long-term stability.

    Strategic demand rises amid economic uncertainty

    The shift toward Bitcoin is occurring alongside broader macroeconomic concerns. Moody’s recent downgrade of the US credit rating—ending over a century of top-tier ratings—has reinforced the appeal of decentralised alternatives.

    Investors increasingly view Bitcoin as a hedge against fiscal instability and inflation, particularly given its fixed supply and decentralised governance model.

    Bitcoin also offers practical advantages over gold in the digital age. The ease of storage, cross-border transfer, and liquidity make it an attractive option for both individual and institutional investors.

    This is particularly relevant in an era where digital finance is becoming the norm and where traditional safe-haven assets like gold face logistical and accessibility limitations.

    Rising ownership brings attention to volatility risks

    While Bitcoin is gaining legitimacy as a reserve asset, it remains a volatile asset class. Unlike gold, which has maintained relatively steady valuations over time, Bitcoin has experienced frequent price swings—something that may deter more risk-averse investors.

    Nonetheless, the market appears to be increasingly tolerant of this volatility, especially as long-term returns continue to outperform traditional assets.

    Institutional support also plays a key role in this shift. Major asset managers such as BlackRock are incorporating Bitcoin into their portfolios, further validating its status.

    Meanwhile, crypto ETFs and custodial services are helping to bridge the gap between traditional finance and the digital asset space, making it easier for Americans to gain exposure to Bitcoin without navigating complex self-custody solutions.

    As Bitcoin ownership grows, it reflects not just a shift in preference, but a broader transformation in how Americans perceive financial security and resilience.

    The trend is still developing, but the numbers now place Bitcoin squarely ahead of gold—at least in terms of how many Americans are betting on it.

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  • Best crypto to buy as Bitcoin (BTC) surpasses Google in global asset rankings

    Best crypto to buy as Bitcoin (BTC) surpasses Google in global asset rankings

    Best crypto to buy as Bitcoin (BTC) surpasses Goggle (GOOGL) in global asset rankings

    • Bitcoin recently surpassed Google in global market cap rankings.
    • Bitcoin Pepe is quickly approaching $10 million in its ongoing BPEP token presale ahead of exchange listing.
    • Bitcoin Pepe promises to bring meme coins to the Bitcoin network.

    Cryptocurrencies led by Bitcoin (BTC) are making waves as they disrupt the global asset rankings.

    Bitcoin (BTC) recently surged past $106,000, overtaking Alphabet (NASDAQ: GOOGL) to become the sixth-largest asset globally by market capitalisation.

    In another sign of crypto’s growing financial footprint, Tether—the largest stablecoin issuer—now holds more in US Treasury securities and gold reserves than Germany.

    According to data from the US Department of the Treasury, Tether’s holdings have exceeded Germany’s $111 billion in US Treasuries.

    These developments underscore the rapid momentum behind digital assets, as they increasingly rival and, in some cases, surpass traditional financial institutions in scale and influence.

    As capital increasingly flows into digital assets, investors are seeking the next high-potential projects that could ride this bullish wave.

    Among them, Bitcoin Pepe is quickly emerging among the best crypto to buy, especially for those looking to enter the market during this market resurgence.

    Bitcoin’s surge above Google in market cap

    On May 19, 2025, Bitcoin overtook Google’s parent company, Alphabet Inc. (GOOGL), in global asset rankings by market capitalisation.

    This came as Bitcoin’s price topped $106,000, lifting its market value past the $1.67 trillion mark.

    This development underscores a broader trend: institutional and sovereign-level confidence in Bitcoin is growing.

    Governments, hedge funds, and publicly traded companies are all adding BTC to their treasuries, with the most recent being Metaplanet, which added 1,004 bitcoins to its holdings.

    While traditional tech stocks have been a staple in investment portfolios for decades, Bitcoin’s narrative as “digital gold” and a decentralised store of value is winning hearts and capital across global markets.

    Its fixed supply, combined with growing demand, continues to push its valuation higher even amid periodic market corrections.

    Moreover, Bitcoin’s performance relative to top-tier equities is shifting perceptions. In previous market cycles, critics dismissed BTC as speculative or too volatile.

    That said, the rapid ascent of Bitcoin is also catalyzing interest in adjacent crypto projects, particularly those aiming to build on Bitcoin’s foundational strength.

    Bitcoin Pepe is emerging as a top buy as BTC surges

    As Bitcoin continues to dominate headlines, Bitcoin Pepe is quickly positioning itself as one of the most promising investment opportunities in the crypto market today.

    Built as the world’s first meme-based Layer-2 for Bitcoin, Bitcoin Pepe is more than just a viral token, it represents an ambitious plan to bring Solana-style speed and scalability to the Bitcoin network.

    Bitcoin Pepe’s native token, BPEP, is currently in the final stages of its presale.

    Having already raised over $9.8 million in the presale, Bitcoin Pepe has drawn significant interest from early backers who see both the narrative and technological edge it brings to the table.

    The current BPEP presale price is $0.0342. Notably, the token has seen a 62.9% price rise since the presale started a few weeks ago, with a 5% increase in each presale stage.

    Bitcoin Pepe’s roadmap is equally ambitious. Once the presale comes to an end, the price of BPEP is expected to rise substantially, especially after it hits centralised exchanges shortly after the presale ends.

    Beyond the presale hype, Bitcoin Pepe has introduced a new token standard by the name of PEP-20 token standard, which allows users to launch their own memecoins on Bitcoin’s blockchain.

    By introducing ultra-fast transactions and negligible fees, Bitcoin Pepe aims to empower a new generation of creators and investors to build directly on the most secure blockchain in existence.

    Despite the broader market experiencing a minor pullback today, the sentiment around Bitcoin Pepe remains overwhelmingly bullish, fueled not only by retail investors but also by crypto influencers and key opinion leaders (KOLs) who recognize the project’s unique positioning at the intersection of memes, Bitcoin, and scalable infrastructure.

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  • BPEP gains steam as Eric Trump eyes cheap BTC to rival Saylor

    BPEP gains steam as Eric Trump eyes cheap BTC to rival Saylor

    Bitcoin Pepe (BPEP) presale nears target as the US and China resume trade negotiations

    With top US crypto investors gearing up for a further push into Bitcoin, the future of the top crypto infrastructure remains lucrative.

    Institutional players are increasingly exploring Bitcoin amid the shifting financial landscape.

    Michael Saylor’s Strategy has been purchasing BTC since 2020 with no plans to sell.

    Meanwhile, Eric Trump’s American Bitcoin confirmed plans to hunt low-cost BTC mining to match Saylor’s Strategy.

    While institutions make moves, Bitcoin Pepe (BPEP), introducing the world’s first-of-a-kind meme ICO on BTC, offers all interested investors a chance to tap BTC’s potential growth.

    The new project gains traction ahead of its 31 May listing, with close to $8.5 million raised so far.

    Bitcoin Pepe's Presale Details

    Eric Trump to rival Saylor’s BTC accumulation

    Bitcoin Pepe’s buzz comes as the crypto space sees attention from big names in the United States.

    American Bitcoin’s co-founder Eric Trump has revealed that his firm plans to explore cheap BTC mining as a long-term accumulation approach.

    He admitted that Michael Saylor’s Strategy is winning the Bitcoin accumulation game.

    However, Trump affirmed that American Bitcoin will eventually become the largest BTC holder globally.

    The competitive accumulation narrative bodes well with Bitcoin Pepe, which aims to unleash BTC’s dormant $2 trillion into the meme sector.

    As institutional participants flood into the leading crypto by value, layer 2 Bitcoin Pepe allows retail players to leverage the anticipated BTC growth.

    Should you invest in Bitcoin Pepe?

    BPEP might be a perfect investment for digital asset enthusiasts looking to capitalize on Bitcoin’s potential and robustness.

    Moreover, the advanced token offers a cost-friendly entry into the crypto world.

    While you may need over $100K to purchase one BTC, Bitcoin Pepe is currently available at $0.0326 per token.

    Moreover, its presale is selling out as investors rush to grab BPEP tokens before the 31 May closing.

    The new meme crypto looks to enrich the Bitcoin ecosystem through Solana-like features.

    Supported by a fully doxxed team and audited smart contracts, BPEP introduces a never-seen-before meme experience on the bellwether digital asset.

    It’s more than your usual sit-and-hold asset, the Bitcoin Pepe network promises passive income by simply participating.

    You can put your BPEP coins to work and receive lucrative returns while navigating the first meme layer 2 on the Bitcoin ecosystem.

    That matches the growing staking narrative, which remains absent in the top crypto.

    For instance, chains like Solana and Ethereum have multiple ways to earn passive income.

    BPEP wants to introduce such possibilities on Bitcoin and with style.

    Its transparency, audited architecture, and security might attract top exchange listings after the 31 May listing.

    With institutions looking for cheap ways to join the Bitcoin movement, BPEP presents a perfect alternative to individual investors.

    You can learn more about Bitcoin Pepe through their official website.

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  • Standard Chartered strategist walks back $120K BTC call, admits target might be ‘too low’

    Standard Chartered strategist walks back $120K BTC call, admits target might be ‘too low’

    Standard Chartered strategist walks back $120K bitcoin call

    • Geoffrey Kendrick pointed to several factors driving the bullish momentum.
    • As of Thursday, Bitcoin was trading just shy of the $100,000 mark.
    • Software company MicroStrategy has ramped up its Bitcoin purchases.

    Bitcoin’s relentless rally is prompting some analysts to revise their boldest predictions.

    Standard Chartered’s Geoffrey Kendrick, a well-known Bitcoin bull, has now admitted that his earlier forecast of $120,000 for the world’s largest cryptocurrency might be too conservative.

    In an email shared with clients on Thursday, Kendrick said, “I apologise that my USD120k Q2 target may be too low,” acknowledging the accelerating momentum in Bitcoin’s price.

    As of Thursday, Bitcoin was trading just shy of the $100,000 mark—up over 3% to $99,293, after briefly touching $99,897.

    Kendrick, who heads digital asset research at Standard Chartered, originally predicted last month that Bitcoin would reach a record high of $120,000 in the second quarter of 2025.

    His thesis was built on two major trends: a strategic shift of capital away from US assets and increasing accumulation of bitcoin by institutional “whales”—major holders with large buying power.

    Now, he believes those estimates may underestimate Bitcoin’s real potential.

    “The dominant story for Bitcoin has changed again,” Kendrick noted. “It is now all about flows. And flows are coming in many forms.”

    Kendrick pointed to several factors driving the bullish momentum, including surging institutional investment via US spot Bitcoin ETFs.

    Over the past three weeks alone, Bitcoin ETFs have seen $5.3 billion in inflows, according to his analysis.

    This suggests that mainstream financial players are steadily increasing their exposure to digital assets.

    He also highlighted big-ticket moves by institutional investors.

    Software company MicroStrategy has ramped up its Bitcoin purchases, effectively acting as a proxy stock for Bitcoin exposure.

    Meanwhile, the Abu Dhabi sovereign wealth fund has taken a position in BlackRock’s IBIT bitcoin ETF, and even the Swiss National Bank has reportedly invested in MicroStrategy shares.

    With Bitcoin price predictions now being revised upward and institutional capital flowing in at record levels, Kendrick’s new outlook signals a potentially explosive summer for crypto markets.

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  • Metaplanet issues $24.8M in bonds to boost Bitcoin holdings past 5,000 BTC

    Metaplanet issues $24.8M in bonds to boost Bitcoin holdings past 5,000 BTC

    • The funds raised will be specifically allocated for further Bitcoin purchases.
    • The bonds were sold in full to EVO FUND.
    • The bonds offer investors the potential for early repayment if certain conditions are met.

    Tokyo-based Metaplanet is taking steps to expand its cryptocurrency portfolio by issuing ¥3.6 billion (approximately $24.8 million) in bonds to fund the acquisition of more Bitcoin (BTC).

    This move comes as the Japanese hotel firm’s Bitcoin holdings surpass the 5,000 BTC mark.

    The bonds, which carry no interest, are set to be redeemed at their par value on October 31, 2025, or earlier, if the bondholder requests repayment.

    The funds raised will be specifically allocated for further Bitcoin purchases, continuing the company’s earlier strategy to increase its digital asset investments.

    The bonds were sold in full to EVO FUND, a move Metaplanet hopes will help support its growing Bitcoin strategy.

    While the bonds carry no interest, they offer investors the potential for early repayment if certain conditions are met.

    Specifically, Metaplanet plans to use capital raised through stock acquisition rights to redeem the bonds.

    This means the company’s ability to repay the bonds hinges on the demand for its equity-linked instruments, highlighting a potential reliance on investor sentiment and market conditions.

    Metaplanet’s recent bond issuance underscores the growing trend of companies integrating Bitcoin into their financial strategies.

    With cryptocurrency markets gaining momentum, the company’s move aligns with the broader trend of corporate adoption of digital assets as a store of value.

    As Metaplanet’s share price recently rose by 8.6%, investors are keeping a close eye on how the company’s Bitcoin purchases will impact its financial performance in the coming years.

    In an era where digital currencies are becoming more mainstream, Metaplanet’s decision to use bonds for Bitcoin acquisition marks a noteworthy step toward integrating cryptocurrency into corporate balance sheets.

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