Bitcoin

Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Osmond ChiaBusiness reporter, Singapore and

Liv McMahonTechnology reporter

Metropolitan Police A mugshot of Zhimin Qian, pictured staring into the camera. She has curly hair and is dressed in a grey jumper.Metropolitan Police

Zhimin Qian, also known as Yadi Zhang, was convicted on Monday

A Chinese national has been convicted following an international fraud investigation which resulted in what’s believed to be the single largest cryptocurrency seizure in the world.

The Metropolitan Police says it recovered 61,000 bitcoin worth more than £5bn ($6.7bn) in current prices.

Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency.

Between 2014 and 2017 she led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement.

It said the 47-year-old’s guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets.

Qian had been “evading justice” for five years up to her arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Grotto, who led the Met’s investigation.

She fled China using false documents and entered the UK, where she attempted to launder the stolen money by buying property, said the Met.

“By pleading guilty today, Ms Zhang hopes to bring some comfort to investors who have waited since 2017 for compensation, and to reassure them that the significant rise in cryptocurrency values means there are more than sufficient funds available to repay their losses,” said Qian’s solicitor Roger Sahota, of Berkeley Square Solicitors.

But some reports have suggested the UK government will seek to retain the seized funds.

The BBC has approached the Treasury and the Home Office for a response.

Reforms to crime legislation under the previous Conservative government aimed to make it easier for the UK authorities to seize, freeze and recover crypto assets.

The changes would also allow some victims to apply for the release of their assets held in accounts.

‘The goddess of wealth’

Qian had help from a Chinese takeaway worker named Jian Wen, who was jailed for six years and eight months last year for her part in the criminal operation.

Wen, 44, laundered the proceeds from the scam and moved from living above a restaurant to a “multi-million pound rented house” in north London, said the Crown Prosecution Service (CPS) earlier this year.

She also bought two properties in Dubai worth more than £500,000, the CPS said.

The Met said it seized more than £300m worth of bitcoin from Wen.

Crown Prosecution Service The large home in North London that Jian Wen moved into in 2017. The picture shows a three-storey house with an expansive driveway. A grey car is parked next to the house, which has multiple large windows.Crown Prosecution Service

The North London property Jian Wen moved into in 2017

Chinese media outlet Lifeweek reported in 2024 that investors, mostly between 50 and 75 years old, had poured “hundreds of thousands to tens of millions” of yuan into investments promoted by Qian.

Some of the victims – including business people, bank employees and members of the judiciary – were reportedly urged to invest with Qian’s scheme by friends and family.

The investors reportedly knew little about Qian, who was described as “the goddess of wealth”.

“Bitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct,” said deputy chief Crown prosecutor, Robin Weyell.

“This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters.”

Monday’s conviction marks the “culmination of years of dedicated investigation”, which has involved the police and Chinese law enforcement teams, said Will Lyne, the Met’s Head of Economic and Cybercrime Command.

Qian is being held in custody ahead of sentencing, which will take place after a trial involving others linked with the case. The date of her sentencing has yet to be fixed.

The BBC has contacted the Chinese embassy in the UK for comment.

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Bitcoin, XRP, and Ethereum Are Falling. Here Are the 3 Main Headwinds Facing the Crypto Sector.

September turbulence wiped out over $1.6 billion in crypto.

The cryptocurrency market has had an extraordinary year, with top cryptos like Bitcoin (BTC -4.23%) and Ethereum (ETH -8.20%) setting new all-time highs. That upward trend has stalled recently. As I write this (September 25), Bitcoin has fallen 5% in the last week, Ethereum is down 13% and XRP (XRP -6.93%) has shed over 9% over the same time period.

What’s behind this lackluster performance? And will so-called Uptober — a term based on data that shows prices often go up in October — turn the crypto tides? Let’s dive in to learn more about three headwinds facing cryptocurrencies right now.

1. Money is flowing out of crypto ETFs

Crypto often suffers from a ‘buy the rumor, sell the news’ syndrome. Speculation drives prices up in anticipation of a big event, and then they fall because investors sell once it actually happens. In the run-up to the Fed rate cut on September 17, crypto prices rallied, and spot Bitcoin ETFs saw solid inflows.

But as investors digested Federal Reserve Chair Jerome Powell’s words, they became more cautious. Particularly after a speech this week where Powell spoke of a “challenging situation” in trying to manage employment risks against inflation pressures. Lower rates often make riskier assets more attractive, but not if the benefits are offset by other economic concerns.

Sentiment is important in crypto, and right now, the fear and greed index is firmly in fear territory. That’s reflected in steep outflows from spot crypto ETFs. Per the Block data, there were over $360 million in outflows from spot Bitcoin ETFs on September 22. Fidelity Wise Origin Bitcoin Fund (FBTC -4.10%) alone reported $277 million in outflows. That’s one of the biggest single-day outflows we’ve seen this year.

2. Over $1.6 billion liquidated in one day

CoinGlass data shows over $1.6 billion was liquidated on September 21 — the largest amount so far in 2025. Over $500 million in Ethereum positions and around $300 million in Bitcoin positions were wiped out. The liquidation highlights how leveraged positions can quickly cascade as falling prices trigger liquidations and push prices even lower.

The use of margin and leverage in cryptocurrencies can amplify price volatility. And leverage levels in crypto are increasing. Investors can use their crypto as collateral and essentially borrow money to take a bigger position. If the market moves in their favor, it can translate into higher returns. However, if prices go the other way and there isn’t enough collateral to back up the loan, the broker may liquidate and forcibly close the position.

3. Crypto treasury companies are faltering

This year has seen a surge in companies adding cryptocurrencies — predominantly Bitcoin and Ethereum — to their balance sheets. Public companies now own about 5% of the total Bitcoin in circulation, per data from BitcoinTreasuries. Their steady accumulation is one of the drivers behind Bitcoin’s incredible price rally.

Pioneered by Strategy (MSTR -8.78%), around 200 companies now hold crypto. Many of them have raised money with the sole purpose of buying more. It can act as a hedge against inflation, and any gains from price appreciation will help their bottom line. However, if Bitcoin’s price falls, so will the value of those holdings. There’s a risk that companies may have to sell their crypto to cover their debt.

Currently, the corporate treasury model is under scrutiny. Companies are buying fewer Bitcoins. And a quarter of Bitcoin treasury companies now have a market cap that’s lower than their crypto holdings, per K33. Some are borrowing money to finance share buybacks, raising questions about the model’s long-term viability.

Stock chart shows red line as price trends downward.

Image source: Getty Images.

Further volatility ahead

There’s been a lot of talk in the cryptocurrency news about the potential for sentiment to shift in Uptober. That’s because data shows that Bitcoin prices often fall in September and rise in October.

But the factors that are dragging crypto prices down won’t change just because we’re in a different month. Pay attention to jobs and inflation data. Not only will those figures influence Fed decisions about further rate cuts, but they also give us a better idea of whether the economy is slowing.

For all the headwinds, Bitcoin is holding its head above $111,000, and we may see some positive drivers before the end of the year. More rate cuts are likely, as well as SEC approval of a flurry of crypto ETFs. Plus, the government may make further progress with crypto legislation.

Whether or not the bulls can regain momentum, the recent price swings are a reminder of Bitcoin’s volatility. This remains a risky and unpredictable asset, making it important to limit your crypto exposure to only a small percentage of your wider portfolio.

Emma Newbery has positions in Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.

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Ethereum Tumbled 9%, Bitcoin Declined 3%. Here’s What Investors Need to Know About Sept. 22’s Sharp Crypto Sell-Off.

The plunge highlights high levels of leverage by crypto investors.

Cryptocurrency prices slumped Sept. 22 with Ethereum (ETH 0.01%) losing 9% in the early hours of Monday morning. The second-biggest cryptocurrency fell from almost $4,500 to $4,075, before finishing the day at $4,200. Bitcoin (BTC 1.56%) dropped 3% and the total crypto market cap slipped back below $4 trillion.

Crypto positions saw more than $1.6 billion in liquidations in 24 hours — the biggest liquidation this year, according to CoinGlass data. Ethereum was hardest hit with more than $500 million wiped out. It’s a reminder of the way excessive leverage in crypto can quickly snowball. The market moved against investors who had borrowed to fund bullish positions. As it did, their positions were forcibly closed, which added to the broader downward pressure.

Let’s dive in to find out what the rocky start to the week means for crypto investors.

What investors need to know about the sell-off

When cryptocurrency prices are rising, it’s often easy to forget about the risk involved. Dramatic shifts and liquidations remind us that this is still a relatively new and evolving asset class.

1. Cryptocurrency volatility hasn’t gone away

Bitcoin is still a volatile asset. That volatility has lessened as it has gained traction as a store of value and attracted institutional investment, particularly through exchange-traded funds (ETFs). According to Fidelity, Bitcoin was less volatile than shares of Netflix in the two years running up to March 2024. However, the volatility is still there.

This is even more so for Ethereum, which serves a different purpose than Bitcoin and has not yet benefited from the same inflows of corporate and institutional capital. Ethereum is starting to be viewed as the smart contract workhorse of crypto, supporting a wealth of stablecoin and decentralized finance applications. However, it is still more volatile than Bitcoin as this week’s dramatic price swing demonstrates.

2. Keep an eye on crypto leverage

Investing using margin and leverage involves using borrowed funds to take a larger position in an investment. It can work in different ways, but for many crypto investors, it involves depositing assets as collateral to increase purchasing power. As an investor, it can be risky because you could lose your collateral — known as liquidation — if the market doesn’t rise or falls.

On a broader level, leverage amplifies market activity. That’s why it’s concerning that the levels of crypto leverage are coming close to those of Q4 2021 and Q1 2022. An August Galaxy report showed that total crypto-collateralized lending increased to more than $53 billion in the second quarter of 2025. That’s a 27% increase from on the quarter before.

In 2022, we saw the way that excessive leverage can quickly spiral and exacerbate market volatility. Markets are cyclical by nature, and history shows us that cryptocurrency bull runs don’t last forever. When prices start to fall, as they did at the start of the week, those declines are magnified by the various forms of buying crypto using borrowed money.

There’s also growing concern about crypto corporate treasury companies, some of which are using debt to fund their Bitcoin and Ethereum purchases. Adding crypto to company balance sheets using borrowed money has become popular this year. The danger is that when prices fall, they may need to sell their crypto to service debts, causing prices to fall further.

Screen showing falling prices in red with names of securities blurred.

Image source: Getty Images.

3. Bitcoin and Ethereum are still trending upward

Dramatic price swings are always unsettling, but it’s important to keep them in context. Bear in mind that both Bitcoin and Ethereum are still outperforming the S&P 500 — in spite of the recent sell off. As of Sept. 24, the S&P 500 has gained about 16% year over year. Bitcoin is up almost 77% and Ethereum increased 57% in the same time period.

Prepare for further turbulence

Crypto prices seem to have stabilized today, with Bitcoin holding its head over the $113,000 mark and Ethereum at almost $4,200. However, Bloomberg warns that the market is braced for further volatility. It says Bitcoin options traders are betting on two extremes — a slide to $95,000 or a rally to over $140,000, showing that we may yet see more dramatic price swings.

Bitcoin and Ethereum have rallied this year, buoyed by a crypto-friendly administration, changes in regulation, and — most recently — hopes for Federal Reserve interest rate cuts. Potential Securities and Exchange Commission approvals of spot altcoin ETFs may also give the industry a boost in the coming months. Even so, economic doubts and inflation concerns continue to weigh on prices. If further rate cuts do not materialize as anticipated, crypto prices may not be able to sustain recent gains.

As a long-term investor, one way to manage volatility is to use dollar-cost averaging, buying a set amount of crypto at regular intervals rather than in a lump sum. It’s also important that crypto only make up a small amount of your portfolio, and that you set clear goals to avoid making panic investment decisions.

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Think You Missed Out on Bitcoin? Here’s the Biggest Reason You Haven’t.

Bitcoin’s run is far from over.

Seeing one of your portfolio’s positions generate a 10-year return of 50,000% is truly mind-boggling. But this is exactly what Bitcoin (BTC -0.25%) has done (as of Sept. 17). A $2,000 starting investment in September 2015 would be worth $1 million today.

With such a fantastic historical return, it’s understandable if investors think that it’s too late to put money to work. But that’s a pessimistic view. Here’s the biggest reason you haven’t missed out on Bitcoin.

Bitcoin hodl keyboard button in green.

Image source: Getty Images.

Unsustainable financial situation

It’s safe to assume that the U.S. federal debt, now at $37 trillion, will keep increasing in the decades ahead. It doesn’t matter who’s in the White House. The country will continue to run massive fiscal deficits. For what it’s worth, the last surplus was in 2001.

This unfavorable trend supports ongoing growth in the money supply, as the government keeps borrowing to fund spending. Something must eventually break.

The counterargument is that because the U.S. has the biggest and most powerful economy, and the U.S. dollar is the global reserve currency, things can continue on this path. To be fair, unsustainable trends can last longer than people might think.

But the situation is becoming more fragile as time passes. Imagine if you kept opening new credit cards to pay off the balances of your old cards. This is financially reckless, but this is essentially what the U.S. government does.

Capital flowing to a scarce asset

Bitcoin has a fixed supply of 21 million units. No single entity has control over it. It transcends borders. And it’s permissionless. This makes it a unique asset for more capital to flow to, particularly as more money and debt keep being created in the financial system.

Therefore, as long as governments across the globe continue operating in fiscally irresponsible ways, Bitcoin will have uncapped upside.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

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Should You Buy Bitcoin While It’s Under $120,000?

Investors should consider the bear and bull arguments for buying Bitcoin.

Bitcoin (BTC) remains a volatile asset. It’s up 25% this year (as of Sept. 12). However, it was down 18% at one point. And right now, it’s 7% below its peak, which was established in August. Bitcoin has still performed exceptionally well historically, so it deserves some attention.

Should you buy the world’s most valuable cryptocurrency while it’s trading under $120,000? Let’s consider both the bear and bull cases of Bitcoin before making a decision.

Bitcoin hodl keyboard button in green.

Image source: Getty Images.

Bitcoin’s bear case

It seems that with each passing year, after seeing its price continue to rise, the Bitcoin bears become quieter. However, that doesn’t mean there aren’t any risks to consider.

One of the most obvious is government intervention. The U.S., the world’s biggest economy, is embracing Bitcoin, most notably with the Securities and Exchange Commission approving spot Bitcoin ETFs and the current administration creating a Strategic Bitcoin Reserve. These are obviously encouraging trends.

But it’s anyone’s guess what the next president will do. If politicians become concerned that Bitcoin will weaken the Federal Reserve’s influence over the economy, then it could face an effective ban. This could mean making it illegal to mine, buy, and hold Bitcoin within our borders. This could weaken demand from a large source of capital.

Another risk is quantum computing. If these machines, which can process complex calculations faster than regular computers, ever develop to the point of mass commercialization and adoption, it could pose a threat. A quantum computer might be able to break Bitcoin’s public key cryptography, exposing everyone’s private key, and rendering the network worthless.

We could still be a long way from mainstream quantum computing. What’s more, Bitcoin’s developers are fully aware of this risk. And updates can be made to the blockchain to strengthen its security.

These are two of the most important risks facing Bitcoin. If any of them become a serious problem, the top digital asset’s price will likely decline dramatically.

Bitcoin’s bull case

Bitcoin has been around for more than a decade and a half. And the longer it stays relevant, the more confidence investors should have that it isn’t going anywhere. This durability is one bull argument.

By being the oldest and most valuable cryptocurrency, Bitcoin not only has the most recognizable brand name in the industry, but it has developed a tremendous network effect. Users, developers, miners, and nodes all interact with Bitcoin because there are already so many other participants. This creates a positive feedback loop.

And there is a rapidly expanding ecosystem of products and services that companies are building to support Bitcoin’s adoption. This doesn’t just include financial services. Wallet hardware, mining equipment, and energy infrastructure are also being impacted. Bitcoin is penetrating the global economy in many ways, something that will certainly be hard to reverse.

Even though Bitcoin has soared 50,080% in the past decade, there is still upside. The market cap of $2.3 trillion could increase substantially over time. Gold provides a key signal of what could come. The precious metal has been viewed as the best store of value for thousands of years. However, the world is becoming more digital, which creates a favorable environment for Bitcoin to keep thriving.

The value of all the Earth’s gold is estimated to be $24.8 trillion. I think there’s a very good chance that Bitcoin will reach this figure, perhaps even in the next decade. Bitcoin can be used in transactions, while gold can’t. Bitcoin can easily be transported. Gold’s weight, on the other hand, makes it difficult to move around.

Maybe most importantly, Bitcoin is scarcer. Its supply can’t change due to shifting demand trends. There will only be 21 million units.

I believe the bull case is much more compelling. With Bitcoin under $120,000 per unit, now is a good time to think about buying the digital asset.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

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3 Reasons Bitcoin Is Pulling Back

After turning in two straight years of triple-digit returns in 2023 and 2024, Bitcoin (BTC 2.30%) is on track in 2025 for its weakest performance since 2022. The world’s most popular cryptocurrency is down 6% over the past 30 days, and is only up 20% for the year as I write this.

So what’s going on? There are three possible reasons why Bitcoin is pulling back.

Reason No. 1: Overall macroeconomic weakness

For much of its history, Bitcoin has been uncorrelated with any major asset class. It could zig when other assets zagged. That made Bitcoin particularly attractive to investors. In just about any market conditions, Bitcoin could offer the potential for sky-high returns.

Gold Bitcoin surrounded by charts and graphs.

Image source: Getty Images.

But that may no longer be the case. In many ways, Bitcoin may be much more susceptible to overall macroeconomic conditions than once thought. In other words, Bitcoin will face much stiffer headwinds if jobs growth slows, if inflation further rears its head, or if tariffs lead to weaker overall growth. And that’s exactly what appears to be happening right now.

Bitcoin’s pullback makes sense if you consider how much attention it now garners from institutional investors. Just a few years ago, retail investors were driving the pace of Bitcoin adoption. But now it’s deep-pocketed institutional investors, and that likely explains the crypto market’s current obsession with potential Fed rate cuts. 

Reason No. 2: Investors are diversifying into other crypto assets

While Bitcoin still accounts for nearly 60% of the entire market cap of the crypto market, it’s hard to ignore how much interest other niches of the crypto market are now attracting from investors. At one time, Bitcoin was the only game in town for institutional investors. But not any longer.

Take, for example, the rise of so-called digital asset treasury companies. These companies do only one thing: Raise money from outside investors, and then plow that money back into one specific crypto asset. This summer has already seen the appearance of Ethereum, Solana, and XRP treasury companies. All of that is money that could have flowed into Bitcoin.

Or, for example, take the sudden interest in stablecoins. Recently enacted legislation will likely lead to a boom in stablecoin investment. According to a recent report from Citigroup, the size of the stablecoin market could balloon to $3.7 trillion within just a few years. This, too, is money that could have gone into Bitcoin.

This diversification away from Bitcoin into other crypto assets is not a new phenomenon. This is the same pattern, in fact, that the crypto market saw during the previous bull market rally of 2020-21. Bitcoin surged first, followed by Ethereum, and then lower market cap altcoins. Finally, there was an explosion of speculative excess into meme coins and non-fungible tokens (NFTs).

Reason No. 3: The Bitcoin cycle is running its course

That leads us to potentially the most concerning reason for Bitcoin’s pullback: The four-year Bitcoin cycle is running to where it usually drops. If you’re a Bitcoin investor, that’s the last thing you want to hear, because it means Bitcoin’s recent pullback may be a portent of things to come later in 2025.

There are no guarantees in investing, but if history is any guide, the Bitcoin halving every four years is the catalyst for a massive run-up in price. So far there have been four halvings, and the post-halving period of price appreciation typically has lasted anywhere from 12 to 18 months, followed by a classic “blow-off top”– a steep, rapid rise followed by a steep, rapid drop. In that scenario, Bitcoin reaches a new high all-time high before eventually collapsing in value. In 2022, for example, Bitcoin declined by a gut-wrenching 64% after hitting a new all-time high in November 2021 following the May 2020 halving.

The problem, quite frankly, is that Bitcoin’s most recent halving event took place in April 2024. That means we are now 17 months into the period of expected to be rapid price appreciation. In a worst-case scenario, there might only be a few months left before Bitcoin has another blow-off top, and the whole cycle begins anew.

Certainly, there are plenty of signs of this blow-off top in progress. Billions of dollars are being invested in highly speculative digital assets, money-losing businesses are rapidly transforming into digital asset treasury companies, new crypto companies are rushing to go public before the crypto IPO window closes, and Wall Street is rushing to reassure investors that “this time it’s different.”

So, if you are thinking of investing in Bitcoin now, remember to do your due diligence and keep your investment small. There are several very concerning signs that Bitcoin’s summer pullback might be a red flag for a difficult and tumultuous final quarter of the year.

Citigroup is an advertising partner of Motley Fool Money. Dominic Basulto has positions in Bitcoin, Ethereum, Solana, and XRP. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and XRP. The Motley Fool has a disclosure policy.

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Bitcoin ETFs: What You Need to Know About Inflows, Outflows, and Price Moves

ETF inflows and outflows make great headlines, but what do they mean for your investment returns? Here’s what you need to know.

Cryptocurrencies can be confusing. So can exchange-traded funds (ETFs). And when you combine the two concepts into crypto-based ETFs, there are so many dark corners and financial enigmas to explore.

The mystery includes some of the most commonly used terms in crypto ETF headlines. You’ve seen a million breathless banners about inflows and outflows by now — but have you looked into what they actually mean? Adding more confusion to the situation, the inflow and outflow balance sometimes looks bullish when the crypto market is doing well, and bearish when cryptocurrencies don’t look too exciting.

So let’s break down the nuances of crypto ETF inflows and outflows — and why these metrics often oppose the broader cryptocurrency market’s mood.

A silver Bitcoin logo figurine stands on a big, red question mark.

Image source: Getty Images.

What are inflows and outflows, anyway?

First, let me explain what inflows and outflows are.

These ETF performance metrics don’t directly affect an investor’s returns. They are more closely related to measuring the quality and popularity of specific ETFs, usually compared to rival funds with similar investment goals.

I’m talking about the amount of money being added to a fund (with inflows) or taken out of the ETF (outflows). Growing or reducing the cash being invested in a fund may have an indirect effect on the underlying asset. It’s like tipping the scales while weighing bananas at the grocery store — the weighing process can affect the results. But for the most parts, the average ETF has minimal market-moving powers.

A tale of two Bitcoin ETFs

Here’s where I want to get specific. Two of the largest spot Bitcoin (BTC 2.30%) ETFs hold dramatically positions in the crypto-fund sector, and their differences will help me illustrate some fundamental concepts for you.

Say hello to the iShares Bitcoin Trust (IBIT 2.02%) and the Grayscale Bitcoin Trust (GBTC 2.06%) — two of the largest spot-price Bitcoin ETFs measured by the amount of assets under management (AUM). The iShares fund is the larger one, with $84.2 billion of AUM on Sept. 9. The Grayscale ETF’s AUM stops at $19.9 billion.

But it wasn’t always like that. Grayscale launched the Bitcoin Trust as a publicly traded, classic mutual fund in 2015. It then filed the paperwork to convert this fund into an ETF in October 2021, more than two years before the conversion took effect.

iShares was a later addition to the Bitcoin ETF market, starting the filings and cash funding in 2023. Fund manager BlackRock put this ETF on the market as soon as the U.S. Securities and Exchange Commission (SEC) allowed it on Jan. 11, 2024.

The great Bitcoin ETF migration

The Grayscale fund had been around for nearly a decade, when the SEC flipped the switch on proper Bitcoin ETFs, amassing $28.6 billion of investor assets by the ETF launch date. BlackRock’s iShares ETF started from nothing.

Then the inflows and outflows started.

Grayscale Bitcoin Trust’s AUM started to shrink right away, while the iShares fund grew its AUM at a remarkable speed. I’m including Bitcoin’s price trends in this chart, to demonstrate how closely a fund’s AUM can be related to the investment asset’s price changes over time — or not:

IBIT Total Assets Under Management Chart

IBIT Total Assets Under Management data by YCharts

Fees may matter more than you think

The iShares fund’s AUM volume tends to rise when Bitcoin prices are up, and fall when the leading cryptocurrency is trending down. This makes sense, as Bitcoin’s price moves inspire bullish or bearish long-term expectation for the cryptocurrency — and its ETFs. It’s not a perfect 1:1 correlation, as investors sometimes embrace or reject certain ETFs for other reasons, but the bond is very tight.

The mathematical closeness of the Grayscale Bitcoin ETF’s AUM to Bitcoin’s price chart is looser, and the AUM value often trends down. This makes sense to me, because investors have plenty of reason to choose a different Bitcoin ETF these days.

You see, Grayscale charges beefy management fees for this fund. The iShares fund’s annual expense ratio stands at 0.25%, and was entirely canceled in the first few months as a marketing incentive. Grayscale is sticking to a 1.5% expense ratio.

What difference does a percentage point (well, 1.25%) make in this context? Actually plenty, especially for large-scale investors with a long time horizon.

Let’s say you’re a deep-pocketed institutional investor with $100,000 in the Grayscale Bitcoin Trust, perhaps started in the pre-ETF days. You’re paying Grayscale $1,500 a year for its fund management services. Then you move those finds to the iShares alternative, with an annual fee of $250 instead. You’ll have the same Bitcoin exposure either way, but Grayscale’s exorbitant fees can make a real difference in the long run.

So the iShares fund has seen 82% asset inflows over the last year, while Grayscale’s fund shrank by 17%. Their market performance was largely indistinguishable, with 140% to 141% total returns over this period.

In other words, the two funds offered very similar market performance, but investors backed away from Grayscale and adopted iShares as a clear favorite. With low fees, BlackRock’s financial backing, and the familiar iShares brand name, this fund is popular for good reasons.

And the asset flows can measure its popularity over time, or compare it to rival funds.

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The CEO of a $100 Billion Asset Management Company Thinks Bitcoin Could Go to $400,000. Here’s What You Need to Know

This is one price target that’s worth understanding in detail.

On Aug. 30, Jan van Eck, the chief executive officer of VanEck, a major investment management company, said that if Bitcoin (BTC 0.68%) gets to be priced at just half the total value of gold, it would reach $400,000. At the same time, he made it clear that he considers the coin a scarce asset that’s essentially digital gold, and that he thinks there’s going to be a consistent demand for it, making that outcome highly plausible.

In other words, if supply keeps tightening while larger and steadier buyers keep showing up, the path of least resistance is up. Here’s what else you need to know about van Eck’s perspective and why you should take his opinion on this topic (very) seriously.

A big Bitcoin sign is superimposed over the Wall Street street sign in New York.

Image source: Getty Images.

Why this call matters

When a mainstream asset manager with more than $100 billion in assets under management (AUM) floats a price like $400,000 for Bitcoin, you should ask two questions: Is the speaker credible? and Is the idea anchored in data? It’s easy to answer yes to both.

On credibility, VanEck manages about $135.8 billion in assets as of July 31, and it has been quick to get exposure to crypto compared with its peers. VanEck filed for a Bitcoin futures exchange-traded fund (ETF) as far back as August 2017, years before today’s spot products.

Another important fact is that VanEck pledged to donate 5% of its spot Bitcoin ETF profits to fund the Bitcoin Core team of developers, putting tangible support behind the network’s resilience. That combination of AUM heft, crypto first-mover history, ETF product footprint, and direct developer funding gives van Eck’s call a lot more weight than a random internet forecast, particularly because his assets are sizable enough and deployed such that it can become a self-fulfilling prophecy.

Now let’s examine the quality of the data used in van Eck’s argument.

After the April 2024 halving, mining activity produces just 450 bitcoins per day. Corporate buyers alone are absorbing about 1,755 coins per day on average, roughly four times the daily issuance, with funds and ETFs adding significant inflows on top. Against a mechanically tightening float — coins available for public trading — that absorption rate is exactly the kind of imbalance long-term investors look for.

So the idea that Bitcoin is digital gold is supported by the numbers right now, at least in terms of its scarcity versus incoming supply to the market.

If you want a near-term napkin math check on van Eck’s price target specifically, consider first that Bitcoin recently traded at about $111,000. The gap between today and $400,000 is large, but the mechanism to get there, scarcity, is the exact same one that took the coin from $1 to more than $100,000.

How investors should use this view

Let’s step back for a moment and introduce some skepticism.

Price targets can excite or mislead, even when they’re issued by business leaders or investors at the very apex of their craft. The real utility of a $400,000 call is that it sets a benchmark for the coin’s long-term investment thesis. The thesis is that Bitcoin’s engineered supply constriction and the consolidation of ownership into price-insensitive hands will raise the clearing price for the marginal coin. If that continues, the destination becomes a function of patience and liquidity cycles.

There is another practical takeaway about who is making the call. VanEck does not need Bitcoin to reinvent itself to capture value. It needs the rules to remain clear enough for institutions to keep allocating. The company’s own history shows it can help shape that clarity and sustain the ecosystem, from being an early filer to supporting developers, and over time, its influence could push prices higher than they would have been otherwise.

Investors should also weigh the risks with clear eyes. Macro liquidity tightening, policy surprises, or adverse regulation could interrupt flows into ETFs and corporate treasuries for a time, pressuring prices. It might also be the case that the migration of coins into deep cold storage reduces on-chain activity in ways that occasionally spook investors.

Still, now is a favorable time to dollar-cost average (DCA) into Bitcoin, and van Eck’s price target signifies that capital is increasingly considering the coin a worthy asset to hold forever. Don’t get too fixated on arbitrary forecasts, just keep accumulating.

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Bitcoin Hyper Presale Passes $4M as Analyst Forecasts 100x Price Rally: Best Altcoin to Buy?

Bitcoin is on one of its biggest runs ever – and a new project called Bitcoin Hyper (HYPER) is taking advantage. This Solana-powered Layer-2 has just passed the $4 million mark in its presale.

Analysts are taking it seriously – with one even calling for 100x returns after the HYPER token lists on exchanges.

With a high-yield staking system and a mission to unlock smart contracts for BTC, Bitcoin Hyper is gaining momentum fast. And as Bitcoin itself hovers near its all-time high, infrastructure plays like this are looking more and more attractive.

What Exactly Is Bitcoin Hyper & Why All the Hype?

Bitcoin Hyper wants to give Bitcoin a massive upgrade. Picture Bitcoin as an ultra-safe highway – but one that’s often bogged down with traffic.

Bitcoin Hyper is basically building a parallel road – using Solana’s super-fast tech stack – that can handle massive amounts of that traffic and always connects back to the main highway.

To achieve this, Bitcoin Hyper uses the Solana Virtual Machine (SVM), which gives it the “engine” it needs to handle complex apps and DeFi protocols.

And investors are excited by this setup. Bitcoin Hyper’s presale has already raised $4.1 million, driven by staking rewards that continue to yield an incredible 231% APY. That explains why more than 226 million HYPER tokens are already locked up.

Plus, Bitcoin Hyper’s community is growing rapidly. The project’s X (Twitter) following has ballooned to 10,900 people, while the official Telegram channel now boasts over 2,000 members.

HYPER Token Presale Heats Up as 100x Calls Get Louder

The hype around the Bitcoin Hyper presale is ramping up. In just a few months, it has gone from a niche idea to one of the most talked-about launches of 2025. The HYPER token’s price is now at $0.01235, with the listing price expected to be significantly higher, giving early buyers a slight, built-in advantage.

Would-be investors can secure HYPER by swapping tokens like ETH, SOL, USDT, USDC, or BNB. There’s even an option to buy directly through the Best Wallet mobile app.

Several well-known analysts are starting to drum up support. The team at 99Bitcoins – with over 710,000 YouTube subscribers – recently flagged it as one of the “best crypto presales” to invest in.

They even suggested HYPER could climb up to 100x after its exchange launch. That’s a bold call, but with this kind of presale momentum, it’s not being dismissed.

How Bitcoin Hyper Could Benefit from Bitcoin’s Bull Run

Bitcoin is doing what it does best right now: smashing expectations. After hitting a new all-time high above $123,000 earlier this month, the 2025 bull run is clearly in full swing. Plus, with crypto ETFs pulling in billions and a more open stance from the US government, the whole industry has changed for the better.

These kinds of conditions create a massive ripple effect. It’s like a gold rush – it isn’t just the miners who get rich, but also the people selling the pickaxes. Bitcoin Layer-2s could be the “pickaxes” of this cycle, and Bitcoin Hyper is set to cash in.

As BTC’s value rises, more people are looking for ways to use their coins. Bitcoin Hyper’s network is the onramp for them to do just that.

It’s the bridge that turns all that BTC buzz into real uses – and maybe some explosive returns for anyone who gets in early.

Visit Bitcoin Hyper Presale


Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. ModernDiplomacy.eu is not a licensed crypto-asset service provider under EU regulation (MiCA). Cryptocurrencies are highly volatile and involve significant risk. Always conduct your own research and consult a licensed advisor before making any investment decisions.

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Bitcoin bubble? How much more is it expected to rise in 2025?


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The price of Bitcoin (BTC) is expected to reach a high of $162,353 this year (€139,148), before it settles at around $145,167 (€124,418).

That’s according to UK fintech firm Finder’s latest survey, collecting price predictions from 24 crypto industry specialists.

Within responses, high and low estimates range widely, and the most optimistic predictions expect a peak price of $250,000 this year. The average lowest price prediction sits at $87,618, with some predicting that Bitcoin will fall as low as $70,000.

The cryptocurrency has recently reached $120,000 from just below $100,000 at the end of last year. 

“There are a number of factors increasing demand for Bitcoin, including clearer and more favourable regulations, increased utility such as payments, and changing economic conditions,” crypto exchange Zondacrypto’s CEO, Przemysław Kral, told Euronews.

He added that regulations such as the EU’s MiCA contributed significantly to the recent rally. The Markets in Crypto-Assets Regulation (MiCA) sets uniform EU market rules for crypto-assets. This, coupled with an increased interest from institutional players, largely in the form of exchange-traded funds (ETFs), made crypto more accessible for many. 

Cryptocurrency-based ETFs make it easier for investors to gain exposure to cryptocurrencies without having to buy them directly. These funds have exploded in popularity since Bitcoin ETFs began trading in US markets last year. 

 

Is there a bubble around Bitcoin?

While the integration of crypto into mainstream finance has genuinely boosted interest towards Bitcoin, there is a possibility that a so-called bubble is forming. In other words, the price is being ‘blown up’ by investor interest without fundamentals supporting it. 

According to Northeastern University’s crypto expert and professor of international business and strategy Ravi Sarathy, big institutional investors, including MicroStrategy, have been accumulating large pools of this asset, and it is possible that they are propping up the price of the cryptocurrency. MicroStrategy holds a Bitcoin stash worth approximately $65bn.

After the previous reluctant approach from institutional investors, “new US measures authorising Bitcoin ETF funds have made it easier and more convenient for both institutions and retail investors to invest some of their resources in these higher risk/higher return Bitcoin vehicles”,  Sarathy told Euronews Business. 

Bitcoin issuance has a ceiling of 21 million, driving rising demand in the face of a limited supply. “This has also led to the rise of Digital Asset Treasuries (a corporate strategy, ed.) which seek investor funds to invest in a variety of cryptocurrencies and tokens, including Bitcoin, a further fillip to demand, and fuelling rapid Bitcoin price appreciation,” Sarathy said, adding that after a short reaction to further US legislation, longer-term price appreciation could still continue.

How Washington is fuelling Bitcoin’s rally

Interest in Bitcoin has increased dramatically since US President Donald Trump widely campaigned to make the US the world capital for crypto. The US administration’s support for crypto assets reached new highs recently as the government dubbed this week ‘Crypto Week’. Lawmakers in the House are debating a series of bills that could define the regulatory framework for the industry in the United States. 

“Bitcoin and crypto in general, is being propped up by the Trump administration, ironically given its initial promotion as an alternative to government-backed currencies and support from libertarians,” said John Hawkins, senior lecturer at the University of Canberra.

He believes that the token “lacks any fundamental value, and after 16 years, it has still failed to meet its initial aspiration to be a common means of payment. It remains a speculative bubble.”

Others see Trump’s support as a reason to buy. 

Rouge International & Rouge Ventures’ managing director, Desmond Marshall, said that “Together with Trump’s embrace of digital crypto assets, his sons dealing with huge amounts of crypto projects and the strong US dollar, the US government is already buying large reserves of BTC. This is supported by many businesses venturing into this realm with enterprise crypto strategies.”

The most bullish crypto specialists, expecting a large price increase, bet that Bitcoin could reach $250,000, buoyed by institutional demand.

“Corporate and institutional demand is not slowing down while retail is still absent and nation state adoption is just getting started,” said Martin Froehler, CEO of Morpher trading platform.

Bitcoin’s price has increased nearly 25% since the beginning of the year, despite ongoing uncertainties related to tariff tensions, the conflict in the Middle East, and the lack of monetary policy easing in the US.

Is it the right time to buy Bitcoin?

Around 61% of the experts surveyed believe that it is the right time to buy. 

However, caution is always important, according to crypto exchange Zondacrypto’s CEO, Przemysław Kral.

He told Euronews: “With such hype comes the need for caution. No one knows whether the price will go up or down. We always recommend doing your research and getting educated on Bitcoin before investing in it.” 

Kadan Stadelmann, the CTO at Komodo Platform, believes that Bitcoin is going to steadily grow in value over the next six months before it returns to a bear market (when investors mainly sell instead of buy).

“Considering Bitcoin touched $110,000 already, and there’s still at least six months left in this bull run…I expect the peak around Q1 of 2026 and a bear market to follow,” said Stadelmann.

When asked what their expectations were for the very long term, the crypto experts surveyed by Finer said Bitcoin could reach values of $458,647 by 2030 and surpass $1 million by 2035.

How quantum computing might impact Bitcoin’s cryptographic security

The vast majority of the crypto specialists surveyed (79%) see quantum computing as a threat to Bitcoin’s cryptographic security, as quantum computers could potentially break the encryption standards that secure cryptocurrencies.

A quarter of the experts (25%) think that quantum computers will be able to crack Bitcoin within the next five years, and another 25% find that it’s a realistic possibility within the next five to ten years. The remainder (29%) say it’ll take longer than ten years.

Just 8% say that quantum computers pose no threat, and only a third of the experts are confident that the Bitcoin community is somewhat prepared for this threat. 

Disclaimer: This information does not constitute financial advice; always do your own research to ensure it’s right for your specific circumstances. We are a journalistic website and aim to provide the best guides, tips and advice from experts. If you rely on the information on this page, then you do so entirely at your own risk.

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What is the US’s Crypto Week? Why has Bitcoin hit a record high? | Crypto News

Bitcoin has scaled $120,000 for the first time, a major milestone for the world’s largest cryptocurrency in the run-up to what could be a landmark week.

Starting July 14, “Crypto Week” will see the US House of Representatives debate three industry-friendly bills that are likely to provide cryptocurrencies with the US regulatory framework that crypto insiders have long demanded.

US President Donald Trump has urged policymakers to revamp their rules, away from the plethora of lawsuits brought against crypto firms by the Securities and Exchange Commission (SEC) under former President Joe Biden (2021-2025), in favour of the industry.

Expectations of further tailwinds helped propel Bitcoin, up 29 percent so far this year, to a record high of $122,055 on Monday. Bitcoin, the very first cryptocurrency, began trading in January 2009, when it was valued at just $0.004.

The surge has sparked a broader rally across other cryptocurrencies as Ether, the world’s second-most popular token, reached a five-month high of $3,048.2 on Monday.

More generally, the sector’s total market value has swelled to roughly $3.8 trillion, according to CoinMarketCap.

Cryptocurrencies are a form of monetary exchange that allows people to bypass central banks and traditional payment methods.

What is at stake?

US lawmakers will discuss three key pieces of legislation during “Crypto Week”:

  • The GENIUS Act aims to clarify when digital assets like crypto tokens are considered securities or commodities, helping startups avoid legal uncertainty by providing clear regulatory rules. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act has already passed the Senate.
  • The Clarity Act would block federal agencies from using court rulings to overextend regulatory power, ensuring that Congress – and not courts – defines how crypto assets are classified and governed.
  • The Anti-CBDC Surveillance State Act would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC), arguing it could enable government surveillance of Americans’ financial activity and threaten individual privacy.

This marks a sharp reversal for a sector that once threatened to do its business outside the US, citing a hostile environment and heavy-handed enforcement.

Crypto companies have long accused US financial regulators (like the SEC) of enacting confusing or conflicting rules.

“We expect capital that was previously sidelined due to regulatory uncertainty to re-enter … even if final passage stalls,” Jag Kooner, head of derivatives at Bitfinex crypto exchange, told Reuters.

This week’s decisions could make it easier for companies to launch new digital asset products and to trade in crypto.

Does the proposed legislation have critics?

Democrats are expected to offer amendments to the GENIUS and Clarity Acts.

Critics have argued that the Trump administration is conceding too much ground to the crypto industry.

“I’m concerned that what my Republican colleagues are aiming for is another industry handout,” Democratic Senator Elizabeth Warren said on July 9 at a Senate Banking, Housing, and Urban Affairs Committee hearing.

She urged Congress to bar public officials, including Trump, from issuing, backing or profiting from crypto tokens.

Warren also argued that new crypto rules should not “open a back door to destroy” longtime securities laws, or allow volatility in the crypto market to spill over into the traditional financial system.

Finally, she underscored that anti-money laundering rules should apply to the industry. Crypto users are identified by alphanumeric wallet addresses, not their names, allowing bad actors to obscure the source of their illicit funds.

The Biden administration adopted a tough regulatory stance towards cryptocurrencies, aiming to oversee the digital assets as securities subject to the same regulations as stocks and bonds.

INTERACTIVE-BITCOIN-120,000-JULY 14-2025-1752491758
(Al Jazeera)

What’s Trump’s interest in crypto?

Trump, once a crypto sceptic, became a major promoter during his presidential campaign last year, even becoming the first major-party presidential candidate to accept campaign donations via crypto.

During the 2024 campaign, crypto insiders spent nearly a quarter of a billion dollars, according to Federal Election Commission data, in support of crypto allies – and to try and weed out antagonists.

In March, Trump said he would create a crypto reserve that would include five cryptocurrencies (including Bitcoin), adding he would make the US “the crypto capital of the world”.

Meanwhile, Trump’s family business has launched several cryptocurrency meme coins, flash-in-the-pan assets inspired by internet jokes or cultural references, such as $Trump and $Melania.

Trump has faced criticism over conflicts of interest regarding his family’s ventures. For instance, World Liberty Financial – a crypto group backed by Trump and his sons in 2024 – has earned the president $57m.

Elsewhere, Trump Media & Technology Group filed paperwork with the SEC in July seeking approval to launch its own “Crypto Blue-Chip ETF”, an exchange-traded fund holding Bitcoin and other digital currencies.

How has Bitcoin performed since Trump was re-elected?

If Bitcoin were a country, it would rank in the top 10 by gross domestic product, roughly on par with countries like Brazil ($2.17 trillion) and Canada ($2.14 trillion).

Since Donald Trump’s re-election in November 2024, Bitcoin has surged by 75 percent, rising from about $69,539 at close on Election Day to its current record level. It rallied to above $100,000 for the first time last December.

The cryptocurrency briefly dropped below $90,000 on February 25, amid market jitters triggered by Trump’s announcement of new tariffs on multiple countries and industries worldwide, before recovering after Trump’s “crypto reserve” announcement.

Bitcoin’s rise also arrives amid a wider backdrop of economic uncertainty, notably the global turmoil from Trump’s steep – and on-again, off-again – tariffs imposed on key trading partners worldwide, in addition to ongoing conflicts in Ukraine and the Middle East.

“Bitcoin has shown resilience this year, rebounding in line with its macro exposures following tariff announcements,” Citibank analysts wrote in a research paper last week.

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Bitcoin reaches new record high ahead of US House’s ‘Crypto Week’

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Bitcoin has reached a new all-time high, trading at more than $118,000 (€100,000) on Friday. It followed an enthusiastic trading day on the US stock markets on Thursday, where the main index for tech companies, the Nasdaq, hit a record value.

Interest in Bitcoin was fuelled by a bullish, optimistic trading outlook across risk assets and an appetite for investment in tech companies, such as Nvidia, which recently surged to a $4 trillion valuation. 

Bitcoin’s all-time high also comes days before what the US House of Representatives, one of Congress’ two chambers, has labelled as “Crypto Week”, starting on 14 July. This is when lawmakers are expected to debate a series of bills that could define the regulatory framework for the industry in the United States. 

Bitcoin gained more than 20% this year against the US dollar. 

Bloomberg’s data shows that investors poured around $1.2 billion (€1bn) into Bitcoin ETFs (exchange-traded funds) on Thursday, pushing the price to a new high beyond $116,000 before the rally continued on Friday. 

Much of the investments pouring into crypto came through ETFs. Cryptocurrency-based ETFs make it easier for investors to gain exposure to cryptocurrencies without having to buy them directly. These funds have exploded in popularity since bitcoin ETFs began trading in US markets last year.

The strong interest in crypto boosted the price of the second-biggest crypto asset, too. Ethereum gained more than 6%, and traded at around $3,000 (€2,600) on Friday.

Meanwhile, the US President continues to expand his crypto-related offerings. Trump was once a bitcoin sceptic but has since warmly embraced the cryptocurrency industry.

On Tuesday, his family business Trump Media filed paperwork at the Securities and Exchange Commission for approval to launch the “Crypto Blue Chip ETF” later this year.

This is a new exchange-traded fund tied to the prices of five popular cryptocurrencies. The proposed ETF would have 70% of its holdings in bitcoin, 15% in Ethereum, and 8% in Solana, a cryptocurrency popular in the meme coin community.

The Trump administration has pushed for crypto-friendly regulations and laws, in line with the president’s ambitions to make the US the world capital for crypto.

“If we didn’t have it, China would,” Trump said.

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Bitcoin Hyper Raises $1.5M in Viral Presale for Bitcoin Layer 2

A new Bitcoin Layer-2 project is going viral with a bold claim: sub-second transactions at a fraction of today’s fees.

Bitcoin Hyper (HYPER) has already raised over $1.5 million during its presale, with demand increasing daily.

Could this be the catalyst that finally unlocks Bitcoin’s full potential?

What Is Bitcoin Hyper & What Does It Actually Do?

Bitcoin Hyper gives Bitcoin a much-needed speed upgrade.

It’s a Layer-2 network that makes BTC usable for everyday tasks – payments, apps, and more.

Instead of waiting around for minutes and paying several dollars per transfer on Bitcoin’s main chain, you can send wrapped BTC on Hyper in under a second.

Here’s how it works: you lock your BTC on Bitcoin’s base layer through something called the “Canonical Bridge” smart contract.

This triggers the creation of an equal amount of wrapped BTC (wBTC) on Hyper.

From there, you can trade, spend, or use that wBTC in apps just like you would on Solana – because Bitcoin Hyper uses the Solana Virtual Machine.

Every batch of transactions on Hyper is bundled, verified using zero-knowledge technology, and then anchored back to Bitcoin for final settlement.

That means no middlemen and no compromise on decentralization.

Analyst Umar Khan from 99Bitcoins called it one of the “best crypto presales to buy” for this exact reason.

HYPER Token Presale Ramps Up as Staking Rewards Draw Attention

The Bitcoin Hyper presale is picking up momentum, rolling past $1.5 million just weeks after going live.

Currently, HYPER tokens are priced at $0.012 each – but that won’t last.

The presale uses a stage-based model, where each funding milestone triggers an automatic price bump.

You can buy HYPER using BTC, ETH, USDT, USDC, BNB, or even a debit card.

And the team recommends using Best Wallet for smoother purchasing and staking.

Presale investors can even stake their HYPER tokens immediately and earn yields of 504% per year.

That’s far higher than the market average, although the yield will naturally drop as more people stake and the reward pool becomes more widely distributed.

Looking ahead, Bitcoin Hyper’s roadmap shows the mainnet going live in Q3, followed by the Token Generation Event and DEX listing.

CEX listings are planned for Q4, with complete DAO governance handover targeted for early 2026.

Why Bitcoin Hyper Could Transform Bitcoin Forever

Bitcoin moves billions of dollars in value daily, but it’s still limited to processing just 3-5 transactions per second with ten-minute block times.

That’s perfectly fine for storing value – Bitcoin’s “digital gold” reputation isn’t going anywhere.

But if BTC wants to power DeFi, gaming, or everyday payments, it needs an infrastructure upgrade.

Layer-2 solutions like Bitcoin Hyper tackle this issue head-on.

By shifting heavy computational tasks off-chain, it can clear up Bitcoin’s bottlenecks.

Transactions are processed in parallel on a high-speed Layer-2 network using Solana’s proven tech stack.

This allows for sub-second confirmations, virtually zero fees, and room for developers to build real-world dApps on Bitcoin.

What’s great is that none of this sacrifices what makes Bitcoin so popular.

The Canonical Bridge locks real BTC, creates a 1:1 wrapped version on Hyper, and allows users to move back at any time.

Transactions on Bitcoin Hyper get bundled, validated with zero-knowledge proofs, and posted back to Bitcoin’s base chain for final confirmation.

Compare this to the Lightning Network, which lacks smart contracts, or Stacks, which has slow block times, and Bitcoin Hyper’s value proposition becomes clear.

It’s aiming for the sweet spot: matching Solana’s speed and flexibility while keeping the trust and security that Bitcoin users want.

If this approach gains traction, we could see HYPER explode after listing.

Visit Bitcoin Hyper Presale

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.

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Bitcoin Reclaims $105K as BTC Bull Token Raises $7.3M in Viral Presale

Bitcoin has hit $105,000 less than 48 hours after tapping $98,900, reflecting a growing sense of optimism among investors today.

The market rally comes as Donald Trump announced a ceasefire between Israel and Iran, and crypto prices have risen across the board as a result.

As Bitcoin surges, a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL) is gaining momentum in its presale, having raised over $7.3 million so far.

With less than a week to go in the presale, BTCBULL is shaping up to be one of 2025’s hottest new coins. The project will release Bitcoin airdrops when BTC hits new all time highs, fueling excitement among investors.

Bitcoin Rallies 3.8% on Ceasefire Announcement, Rate Cut Hopes

A ceasefire in the Middle East, alongside an increasing bet on incoming interest rate cuts, is driving Bitcoin and the broader crypto market higher.

US President Donald Trump announced a “total ceasefire” between Israel and Iran. This eased investors’ concerns about the conflict, which had seriously escalated in recent weeks.

Watcher Guru highlighted that $50 million worth of Bitcoin shorts were liquidated in a 60-minute window following the announcement, reflecting that the market views it as a highly bullish development.

Meanwhile, Federal Reserve Governor Christopher Waller says that rate cuts could be implemented in July to address the US’s weakening labor market. He also cited that inflation is under control, which is what the Fed has been holding off on thus far.

Lower interest rates have historically been beneficial for risk markets, prompting investors to shift away from risk-off assets, such as treasuries, and into risk-on assets, like stocks, commodities, and digital assets.

Coupled with what appears to be cooling tensions in the Middle East, this creates a favorable environment for the growth of Bitcoin and other cryptocurrencies.

Bitcoin currently trades at $105,300 and is up 3.8% today. It remains down 0.5% this week, 1.8% this month, and 5.95% from its May 2025 all-time high (ATH).

There has been a 7% surge in Bitcoin’s trading volume today, taking it to $67.2 billion.

Analyst Says Bitcoin to Reclaim M2 Trajectory

The M2 money supply has historically proven an accurate lead indicator for Bitcoin’s price performance. Bitcoin followed the rising M2 money supply throughout its 2021 bullish trajectory, and then crashed as the M2 growth slowed in 2022.

This cycle, it’s following the M2 growth once again, with additional tailwinds from spot ETFs and institutional adoption.

However, Bitcoin recently decoupled from the M2 supply, which some skeptics argued invalidates the correlation. However, analyst Merijn noted that Bitcoin currently follows an identical pattern to in April, shortly before it exploded to a new ATH.

Both times, the Bitcoin price fell only to find support and then start bouncing. Merlijn calls this a “bear trap” and suggests that the next breakout is coming soon.

Considering its strength in recent days, this certainly can’t be ruled out. However, as Bitcoin shows promising potential, analysts have pointed to the new Bitcoin-themed meme coin, BTC Bull Token, as an alternative for those seeking to maximize their gains.

Viral Presale $BTCBULL Raises $7.3M as Analyst Forecasts 10X ROI

What happens when you pay a meme coin community Bitcoin rewards if they don’t sell? It has never happened, so don’t know the answer yet. But we’re about to find out.

BTC Bull Token is a Bitcoin-themed meme coin that will airdrop its holders real Bitcoin at key price milestones.

The first airdrop will occur when Bitcoin hits $150,000, and another will follow at $200,000. There’ll also be a $BTCBULL airdrop when Bitcoin reaches $250,000.

This airdrop mechanism directly ties BTC Bull Token to Bitcoin’s performance. And not only that, but it also creates an environment in which there will be minimal willing sellers.

As such, incoming demand will be concentrated in a small pool of tokens, which could cause the $BTCBULL price to skyrocket.

Analyst Jacob Bury recently said it could give 10x gains and that it might even be the best cryptocurrency to buy now.

The project is currently undergoing a presale. It has raised $7.3 million to date, demonstrating strong market appeal.

However, the presale will end in just six days, leaving investors with limited time to secure the current fixed and discounted price.

Visit BTC Bull Token Presale

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.



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Bitcoin Hyper Layer 2 Presale Raises $1.3M as Analyst Predicts 100x Gains

Bitcoin has struggled with speed and functionality issues for over 10 years. Bitcoin Hyper ($HYPER) is the new layer 2 blockchain that addresses these problems.

The project is currently undergoing a presale, where it has raised a whopping $1.3 million in just two weeks, demonstrating clear market appeal. And it’s not just attracting the attention of profit-hungry traders; leading crypto analysts are backing the project. One well-known analyst even said Bitcoin Hyper is primed for 100x gains.

Currently, investors can buy $HYPER at a fixed and discounted presale rate of $0.011925. However, this price will rise throughout the ICO, with the next increase happening later today.

How Bitcoin Hyper fixes Bitcoin’s speed problem

Since its inception, Bitcoin’s goal has been to deliver a peer-to-peer global cash system, not just offer a Store-of-Value.

It has only been framed as a Store-of-Value due to its speed restrictions. Bitcoin can process 7 transactions per second (TPS), a long way from the requirements to enable frequent global transactions.

Developers have addressed this issue through various means, one being building layer 2 blockchains.

The Lightning Network is the most well-known, allowing users to create microchannels that enable scalable transactions. However, the complexities of setting up these channels aren’t just a burden; they’re a deterrent for everyone but the most avid Bitcoin enthusiasts.

There are also other Bitcoin layer 2s built using optimistic rollups, but withdrawal times on these networks are painstakingly long, sometimes days or weeks.

Many of these earlier layer 2s also lack the performance capabilities needed for modern use cases. DeFi, meme coins, and RWAs all need sub-second transactions.

Bitcoin Hyper is the new Bitcoin layer 2 blockchain that offers just that. Sub-second transactions for a new golden age in Bitcoin development.

It’s built using the Solana Virtual Machine (SVM), which brings Solana’s speed and programmability to Bitcoin.

Moreover, Bitcoin Hyper’s Canonical Bridge maintains Bitcoin security and also enables speedy network withdrawals. It’s addressing the major issues of earlier layer 2s, but doesn’t stop there.

Since it’s built using SVM, Solana-based apps and tokens can easily migrate to Bitcoin Hyper, where they’ll be able to tap into a portion of Bitcoin’s $2 trillion liquidity. That’s the bedrock for a vibrant ecosystem.

The network is also interoperable with Ethereum, allowing developers and users to transfer Ethereum-based assets to the network.

Ultimately, Bitcoin Hyper is at the intersection of crypto’s three hottest ecosystems.

Analyst calls for 100x gain as $HYPER presale claims $1.3 million

Top crypto analyst ClayBro recently appeared on the 99Bitcoins YouTube channel, where he told its 700K subscribers that Bitcoin Hyper is poised for 100x gains.

He pointed to the institutional frenzy currently underway, with asset manager BlackRock pouring capital into its Bitcoin ETF IBIT, while publicly traded companies like Metaplanet and Strategy rush to stockpile Bitcoin.

“We’ve got the world looking at Bitcoin as a global strategic reserve,” he added.

ClayBro and many other top analysts anticipate Bitcoin to rally on the back of this institutional demand. However, ClayBro tips Bitcoin Hyper as the best way to capitalize, noting that it can “improve Bitcoin utility.”

Last chance to buy $HYPER before price increase

With price increases occurring throughout the Bitcoin Hyper presale, those seeking to maximize their upside potential should act fast.

Presale participants can also stake their tokens and currently earn a 553% APY. However, this APY will decrease as the staking pool grows.

With Bitcoin’s bright outlook, analyst support, and Bitcoin Hyper’s market-leading approach to scaling and implementing Bitcoin utility, it appears that $HYPER is primed for significant gains this year.

Potential investors can also rest assured that Bitcoin Hyper is safe and secure. It has received smart contract audits from Coinsult and Spywolf, and neither found any issues with the project’s code.

Follow the project on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.

Visit Bitcoin Hyper Presale

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.

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Bitcoin Layer 2 Project Bitcoin Hyper Raises $1M in Opening Week of Presale

Chatter of 100x gains is amplifying as Bitcoin Hyper ($HYPER) cruises past the $1 million raised mark in its opening week of presale.

The project is building a Bitcoin layer 2 network. It’s poised to take the market-leading cryptocurrency to new heights, offering deep scalability, multichain interoperability, and smart contract support. It’s built on the Solana Virtual Machine, which means it’s interconnecting Bitcoin with the most vibrant blockchain ecosystem in the world.

Currently, investors can buy $HYPER at $0.01185, but this price will rise throughout the campaign. The next increase will occur in just over one day, leaving those yet to buy with limited time to get involved.

Presale investors also have the added advantage of increased staking rewards. Currently, there’s a 689% staking APY on offer, but this will decrease as the staking pool grows. In multiple ways, the earliest adopters of Bitcoin Hyper are rewarded the most.

A crypto whale invests $56,000 in the $HYPER presale

With $1 million raised within one week, Bitcoin Hyper is shaping up as one of the biggest presales of 2025. By the time it’s done, tens of millions of dollars will have been raised, and it’ll be well on the radar of the wealthiest Bitcoin holders.

We can already see the project generating smart money interest – one whale invested $56,000 into the presale on Monday.

Obviously, people with this kind of wealth don’t just gamble it away; they make calculated bets when they believe there’s an undervalued opportunity.

Investing in Bitcoin Hyper at a $1 million raise, when it could unlock billions or trillions of dollars in value in the years ahead, certainly could prove to be one of those lucrative opportunities.

Bringing low-cost transactions to Bitcoin

At its core, Bitcoin Hyper aims to address Bitcoin’s speed problem. Ever since its inception, users have had high hopes that Bitcoin would achieve “mass adoption.” This means different things to different people, but to many, it signifies that Bitcoin is utilized as a global payment network.

Think, buying coffee with Bitcoin, or settling your Netflix monthly account with it.

But capable of just seven transactions per second, Bitcoin isn’t remotely close to achieving that yet.

For Bitcoin to support global payments, or more, it needs massively enhanced scalability, and that’s what Bitcoin Hyper offers. The network delivers sub-second transaction finality and charges minimal fees, making it ideal for high-frequency transacting.

The prospect of blistering-fast Bitcoin transactions has experts excited. For instance, Crypto Boy told his 61K followers in a recent video that Bitcoin Hyper is the best crypto to buy now and that it has 100x potential.

Bitcoin as a settlement layer for digital transactions

Beyond scalability, Bitcoin Hyper brings something else that could change Bitcoin forever: smart contract functionality.

It’s built on the Solana Virtual Machine, which not only unlocks heightened speeds but also introduces smart contract functionality.

Now, developers can launch apps using Solana code, and transactions will settle on the Bitcoin L1. Imagine Solana-grade buildability and scalability, blended with the robust security of Bitcoin. That’s Bitcoin Hyper.

Payments. Meme Coins. dApps. It’s all possible on the Bitcoin Hyper network. We could even see a Bitcoin Hyper version of Pump.fun, allowing everyday degens to launch meme coins and tap into Bitcoin’s $2 trillion market.

That could prove the biggest wealth creation event in meme coin history.

Just one day left to buy $HYPER at $0.01185

Bitcoin Hyper’s presale success reflects a perfect product-market fit, deep community support, and real growth potential. But with price increases occurring throughout the presale, those yet to buy shouldn’t wait to get involved.

Prospective buyers can get involved by visiting the Bitcoin Hyper website, connecting their wallet, selecting the cryptocurrency they wish to pay with, and specifying the amount of tokens they want to buy.

The presale accepts both crypto and bank card payment methods.

Follow Bitcoin Hyper on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.

Visit Bitcoin Hyper Presale

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.

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Best Crypto to Buy as BlackRock’s Bitcoin Fund Surpasses $70B

BlackRock’s IBIT ETF has crossed the $70 billion in assets under management threshold following a 31-day inflow streak.

“$IBIT just blew through $70b and is now the fastest ETF to ever hit that mark in only 341 days,” wrote Bloomberg’s ETF analyst Eric Balchunas on X. He also highlighted that it did this 5 times faster than the previous fastest ETF to hit $70 billion, GLD which took 1,691 days.

BlackRock’s appetite for Bitcoin reflects a broader institutional interest in digital assets. Crypto-related US stocks are on a roll this week, as firms including Circle, Core Scientific Inc., and MARA Holdings Inc. all saw major gains on Monday.

Institutional money is flooding the crypto space, creating a butterfly effect as liquidity cycles from major assets like Bitcoin and Ethereum into smaller alternatives, which can provide more substantial gains with less liquidity.

So, what is the best crypto to buy to capitalize on this institutional crypto frenzy?

Bitcoin Hyper

Bitcoin is the most secure blockchain, but it has a speed problem. Capable of just seven transactions per second, it’s a far cry from facilitating payments on a global scale.

Bitcoin Hyper is a Bitcoin layer 2 that transforms Bitcoin from a store of value to the world’s secure transactional layer.

It’s built the Solana Virtual Machine, which means it integrates the network’s blistering speeds and smart contract functionality. This unlocks a world of new possibilities. Meme coins, DeFi, real-world assets (RWAs), and gaming – it’ll soon all be possible on Bitcoin thanks to Bitcoin Hyper.

Transactions on Bitcoin Hyper will settle on the Bitcoin layer 2 blockchain, yet it is also interoperable with Solana apps and tokens. It’s the best of both worlds, and it’s brand new to market.

The project launched a presale less than one week ago and has already raised a staggering $1 million.

This doesn’t just confirm product-market fit; it reflects investors’ deep conviction. And that signifies that $HYPER is primed for huge gains. Visit Bitcoin Hyper

Dogecoin

As institutional interest in digital assets grows, one sector will undoubtedly draw attention: meme coins. It’s crypto’s least serious, but often most profitable niche.

Dogecoin is the leading meme coin by market cap, and it’s also the oldest and most trusted.

There are currently four spot Dogecoin ETF applications pending. If approved, they could inject substantial institutional capital into the Dogecoin market.

The fact that Dogecoin holds no utility could prove interesting for Wall Street investors, as it reduces the variables and may make forecasting price moves more predictable, as opposed to a project with a lengthy roadmap filled with unprecedented technical implementations, such as Ethereum.

Eric Balchunas also predicted that an active meme coin ETF will launch by 2026. Dogecoin has a near-50% market share in the meme coin space, so it’ll likely command a sizable allocation if the meme coin ETF does launch.

Solaxy

While Solana is lightning-fast, it still faces its own version of scalability problems. Solana can compute 6,500 transactions per second, but this limit can sometimes be met in periods of peak network activity.

That’s where Solaxy comes in. It’s building the first-ever Solana layer 2 blockchain. It’ll use off-chain computation and transaction bundling technology to make the network even more scalable. Its goal is to achieve 10,000 transactions per second.

If it achieves its goal, it’ll enable more adoption and could even unlock new use cases.

Right now, the project is undergoing a presale. It has raised $46 million so far, making it the largest Solana presale ever.

With such early success and a robust use case, it certainly appears that $SOLX could prove the best crypto to buy now. However, the presale will end in six days, so potential investors should act quickly. Visit Solaxy.

Ondo

When it comes to institutional crypto interest, Ondo is certainly a project worth considering for your portfolio. It’s a RWA protocol built on the Ethereum network and interoperable with nine other blockchains.

It offers multiple innovative products, ranging from tokenized short-term US Treasuries to tokenized stocks, all of which are available for purchase on-chain.

The project also features a yield-bearing stablecoin backed by US Treasuries, and it reportedly boasts an 80% market share in the yield coin market.

It has a whopping $1 billion total value locked in its ecosystem, reflecting a strong user base and immense credibility.

Put differently, Ondo is a market leader in the RWA sector.

Blockchain technology offers numerous benefits over traditional finance. These include 24/7 operation, borderlessness, and lower fees. As institutional capital moves on-chain to capitalize on these benefits, Ondo’s adoption will grow.

Best Wallet Token

Best Wallet Token is the new cryptocurrency that powers Best Wallet, a promising new crypto wallet.

The project is all about making on-chain transacting simple, and also ensuring its users get the most out of their on-chain activity. It supports over 90 blockchains, meaning users can access virtually any cryptocurrency on any network from a single app.

It also boasts a fleet of integrated features, including a cross-chain DEX, a crypto debit card, fiat on-ramping, derivatives trading, a presale aggregator, and more. Users can access all these features without needing to manage multiple apps. This doesn’t just save time; it also protects against phishing scams, a significant problem in the crypto industry.

The $BEST token provides benefits like trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects. It’s currently undergoing a presale and has raised over $13 million to date.

With innate utility, a market-leading use case, and its current early-stage status, it appears everything is in place for $BEST to explode. Visit Best Wallet.

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.



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How Bitcoin Hyper (HYPE) Turns Your Idle Tokens into Passive Income Before Launch

Most people buy tokens during a presale and just wait, hoping the price will go up later. But what if you didn’t have to wait? What if your tokens could start working for you before the project even launches? Bitcoin Hyper (Hyper) is making this possible.

While the presale is still live, buyers are already staking over 18 million tokens, earning massive passive rewards of more than 2,500% APY at this current stage.

What Is Bitcoin Hyper and How Does It Work?

Bitcoin Hyper is a Layer 2 built on top of Bitcoin. Its mission is simple: fix Bitcoin’s biggest limitations. Bitcoin is known for being secure but slow, expensive. It is also hard to build on. It doesn’t support smart contracts natively, which means it has been left out of the DeFi, NFT, and gaming revolutions.

Bitcoin Hyper changes that. It runs its own high-speed network that handles transactions instantly and cheaply. Smart contracts are made possible through the Solana Virtual Machine (SVM), which is plugged directly into the Bitcoin Hyper chain.

The Canonical Bridge allows users to deposit BTC and interact with wrapped BTC inside the Hyper ecosystem, without losing Bitcoin’s core security.

So you get the best of both worlds: Bitcoin’s security and trust, combined with the speed and flexibility of Solana.

How $HYPE Tokens Power the Ecosystem

The $HYPE token is the lifeblood of the Bitcoin Hyper network. It is used to pay gas fees, power transactions, and access DeFi and dApp services. But more than that, it’s also a reward token.

If you stake $HYPE during the presale, you can start earning rewards immediately. The staking feature is built right into the presale dashboard, and it’s extremely easy to use. Simply choose the “Buy and Stake” option during purchase, and your tokens begin generating returns instantly.

Right now, the early staking APY is around 2,500%. The reward cannot be claimed until after the Token Generation Event (TGE), but the value accumulates daily, giving early participants a significant edge.

The earlier you stake, the higher your total rewards. Each stage of the presale comes with a slightly higher token price and potentially lower staking APY. That’s why many people are moving fast to lock in this early passive income before the next price hike.

Bitcoin Hyper Roadmap and Why It Matters

Bitcoin Hyper’s roadmap is carefully planned to deliver utility step by step. It started with foundation work like branding, documentation, and early community growth. The current stage focuses on the presale, staking system, and strategic audits of the project’s security.

The next phase will bring the actual mainnet launch. That’s when the Canonical Bridge goes live, allowing BTC to be moved into the Hyper network. Smart contracts will start rolling out, and the Solana VM will go into full use. After that, we’ll see an expansion of the ecosystem—more dApps, tools for developers, and governance through a DAO.

By early 2026, the goal is complete decentralization, giving the community control over upgrades, rewards, and network decisions.

How the Tokens Are Allocated

Bitcoin Hyper has a total supply of 21 billion $HYPE tokens. The distribution is designed for long-term growth and fairness. About 30% goes to development, 25% to marketing, 10% for listings, and another 30% is held in the project treasury.

Only 5% is set aside for staking and rewards during the presale, making the early APY even more attractive.

There are no private presales or insider deals. Everyone joins under the same terms. This helps keep the launch fair and decentralized from the start.

Listing Plans and How to Join the Presale

Once the presale ends, $HYPE will list on decentralized exchanges and major centralized platforms. The listing price is already set at $0.012975, slightly above the current presale price of $0.011625. That means participants earn staking rewards, but they also get a clear price advantage once trading begins.

If you want to join the presale, here’s how to do it:

First, load up your wallet (like MetaMask or Best Wallet) with crypto: ETH, BNB, or USDT. Then go to the official Bitcoin Hyper site and connect your wallet. Choose how many tokens you want to buy.

You can also select the “Buy and Stake” option to start earning rewards immediately. Even credit card payments are supported through wallet integrations.

Once you buy and stake, just sit back and watch your rewards grow. You’ll be able to claim your tokens and rewards at the Token Generation Event later in 2025.

VISIT THE BITCOIN HYPER COMMUNITY

                                                   Website  |     X  (Twitter)    |   Telegram

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.

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Crypto has a champion in the White House, Vance tells bitcoin conference

May 28 (UPI) — President Donald Trump is a strong ally for the growing cryptocurrency industry, Vice President JD Vance told attendees at the Bitcoin 2025 Conference in Las Vegas on Wednesday.

“Crypto finally has a champion and an ally in the White House,” Vance said while delivering the event’s keynote address, CBS News reported.

“We want our fellow Americans to know that crypto and digital assets, and particularly bitcoin, are part of the mainstream economy and are here to stay,” he said.

Vance was this year’s featured speaker at the annual bitcoin conference, which President Donald Trump headlined last year while campaigning for the presidency.

Stablecoins stabilize the dollar

He said the Trump administration does not view so-called stablecoins as destabilizing the U.S. dollar and instead strengthens it, CNBC reported.

“We view them as a force multiplier for our economic might,” Vance told the audience at The Venetian Resort.

A stablecoin is a type of cryptocurrency whose value is derived from another asset, such as gold or the U.S. dollar, according to coinbase.

Vance said cryptocurrency has transformed how people and businesses conduct transactions, and its decentralized nature makes it a good way to protect personal and business finances against bad policies.

“Crypto is a hedge against bad policymaking from Washington, no matter what party’s in control,” he said.

Political advocacy for crypto progress

Vance encouraged those who are involved in cryptocurrency to increase their political advocacy.

He said $200 million in campaign support for candidates who supported cryptocurrency had a positive effect during the 2024 general election, The Hill reported.

Such financial support enabled Sen. Bernie Moreno, R-Ohio, to beat Democratic Party incumbent Sherrod Brown in the 2024 Senate election in Ohio.

“Part of the reason that I’m standing here, part of the reason that Bernie Moreno defeated Sherrod Brown in the Senate campaign last year, is because you guys got organized and got involved in American politics,” Vance said.

Brown chaired the Senate Banking Committee, but his election defeat removed him as an obstacle to crypto-friendly legislation.

“There’s a lesson to take from that experience,” Vance said. “Unless you guys get involved in politics, politics is going to ignore this industry.”

Strong support for the GENIUS Act

The Trump administration is advocating for the GENIUS Act, which officially is called the Guiding and Establishing National Innovation in U.S. Stablecoins Act.

Vance said the proposed act’s enabling legislation is poised to be approved in the Senate and likely would fare well in the House of Representatives.

President Trump’s lead crypto adviser, David Sacks, last week told CNBC that U.S. investors have more than $200 billion in unregulated stablecoins.

Sacks said that amount could reach trillions of dollars “if we provide the legal clarity and legal framework for this.”

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US Vice President Vance touts Trump’s crypto record at Bitcoin conference | Crypto News

Praise follows conflict of interest concerns after Trump launches his own coin and hosts a dinner for his investors.

United States Vice President JD Vance has urged the domestic cryptocurrency industry to remain involved in US politics, highlighting the close ties of President Donald Trump’s administration to a deep-pocketed industry.

Speaking at a Bitcoin conference in Las Vegas, Nevada, on Wednesday, Vance urged cryptocurrency executives and enthusiasts to keep pressure on the US Congress to pass pro-crypto legislation supported by the White House

“We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens,” Vance said in his address. “But if we fail to create regulatory clarity now, we risk chasing this $3 trillion industry offshore in search of a friendly jurisdiction.”

Vance made the speech after Trump promised to make the US the “crypto capital of the planet” when he addressed the same Bitcoin conference in Nashville, Tennessee, last year in the middle of the presidential campaign. The crypto industry, which felt unfairly attacked by former President Joe Biden’s administration, spent heavily to help Trump and pro-cryptocurrency lawmakers win election.

Vance praised how quickly the crypto industry was able to organise and influence US politics during last year’s elections, giving special credit to Cameron and Tyler Winklevoss, the billionaire founders of the crypto exchange Gemini.

“You chose to speak up, and you chose to get involved, and I believe you changed the direct trajectory of our country because of it,” Vance told the crowd gathered at the Venetian Hotel.

Vance hailed cryptocurrencies as a hedge that can help conservative populists protect themselves against what he called bad politicians, overly aggressive regulators and unethical elites. He predicted continued assimilation of the digital currencies into the financial mainstream and said it was strategically important for the US to be a world leader in the industry, noting that the Chinese government is hostile to crypto.

As president, Trump has established a Bitcoin reserve for the federal government and pardoned Ross Ulbricht, the founder of Silk Road, a black market website that was key to the early growth of Bitcoin.

Trump has also put outspoken crypto backers in his administration, which has undone or paused several enforcement actions taken against large cryptocurrency companies

Several other Trump officials are speakers at the Bitcoin conference, as are his sons Don Jr and Eric.

Conflict of interest

The president and his family’s use of cryptocurrencies as a platform to make money has drawn criticism from Democrats and even crypto enthusiasts as corrupt and unseemly.

The Trump family holds about a 60 percent stake in a crypto project called World Liberty Financial, which recently launched its own stablecoin, a fast-growing form of cryptocurrency whose value is often tied to the US dollar. This month, the US Senate advanced legislation that would create a federal framework to regulate stablecoins, a bill that Vance said the Trump administration wants passed into law quickly.

Trump’s media company announced on Tuesday that it was raising $2.5bn to buy Bitcoin, the world’s oldest and most popular cryptocurrency.

The president and first lady Melania Trump have also launched their own meme coins. Last week, Donald Trump rewarded investors in his coin. About 220 of the biggest investors in the $TRUMP were invited to Trump’s luxury golf club in northern Virginia.

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