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Bitcoin Could Surpass $108,000 ATH This Month. Best Meme Coins like BTC Bull Token Next to Surge?

by admin May 19, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Who wants Bitcoin to hit a new all-time high? One of the new best meme coins does – and so does Arizona. But does Bitcoin itself?

The world’s leading crypto continues to waffle about, jumping at times to within range of the ATH, then falling back down.

The past 24 hours have been a case in point:

In the early morning hours, $BTC briefly traded near $107K, before falling back and eventually trading down nearly 2% from where it started.

Why?

Keeping Bitcoin down is general market uncertainty, stock market turmoil, and a crypto regulatory environment that only changes slowly in favor of $BTC.

On the plus side is the money – particularly from financial institutions with deep pockets. Here’s the current level of inflows into $BTC ETFs:

These are the eleven biggest Bitcoin spot ETFs, looking green across the board.

And despite the uncertainty, there are still positive signs on the regulatory front also. Let’s see, what else?

Arizona Puts Spare Digital Change Into Bitcoin Piggy Bank

Unclaimed digital assets are becoming a surprising problem. In an era when more and more people use digital currencies, some of those assets sit untouched in various exchanges and accounts.

Think of them as digital spare change and loose coins, falling down between the cracks of your electronic couch cushions. And Arizona’s coming around with the vacuum to hoover it all up.

It’s a surprisingly forward-thinking proposal from the US state, which has officially created the second state-level Bitcoin reserve. To fund that reserve, Arizona will include digital assets that go unclaimed for more than five years.

And if you shudder at the word ‘include,’ thinking it sounds a lot like ‘take,’ there’s actually a pleasant surprise in the legislation. Arizona plans to use a public ledger – the blockchain itself – to track all the funds included in the reserve.

If the original owners come forward to claim them, every penny should be accounted for.

In the meantime, Arizona will be able to leverage the funds for passive yield like staking rewards, potentially returning 10% of the reserve’s profit each year back into the state’s general fund.

If owners don’t come forward within three years of the assets being included in the fund, the assets can be liquidated entirely.

If successful, the plan could blaze a trail for state-level management of digital assets with full transparency. It could even set a precedent for the US digital reserve, or for more controversial measures like CBDCs (ouch).

And in the meantime, it adds more fuel to Bitcoin’s fire – and could push the crypto to at or near the all-time high.

It also sets the stage for a Bitcoin meme coin that’s blazing its own path to glory.

BTC Bull Token ($BTCBULL) – New Meme Coin Doubles Down on Bitcoin’s Rise

BTC Bull Token ($BTCBULL) doesn’t think $BTC will hit a new all-time high.

$BTCBULL thinks Bitcoin will utterly smash the new all-time high on its way to $250K – and beyond.

For that reason, the developers of one of the best meme coins tied $BTCBULL and $BTC together using an innovative combination of airdrops and token burns.

At key $BTC price milestones – namely $125K, $175K, and $225K – $BTCBULL tokens will be burned, exerting deflationary pressure on the token price.

At $150K and $200K, investors holding $BTCBULL in their Best Wallet app accounts will receive free $BTC airdrops. The more $BTCBULL they hold, the more $BTC they receive.

And when Bitcoin hits $250K, a massive $BTCBULL airdrop awAdded ‘token’ to BTC Bull name
Four ways to earn, not three (added staking APY)aits.

BTC Bull Token is a meme coin that rides the wave of Bitcoin’s success, but it also has a unique utility; Bitcoin believers can leverage $BTCBULL to earn even more from their crypto. With $BTCBULL, there are four ways to earn:

$BTCBULL price increase
$BTCBULL airdrop
$BTC airdrops
Staking APY (69% at the moment)

For a price – currently $0.00252 – that’s a mere fraction of Bitcoin’s, BTC Bull Token holders gain more ways to profit from Bitcoin’s rise.

Time to put that spare change to work. Learn how to buy BTC Bull Token, and see why our price prediction says $BTCBULL could reach $0.006467 by the end of the year, a full 156% increase.

Arizona Joins the Bulls to Run with Bitcoin

Arizona’s decision to establish a state reserve isn’t just an innovative public use of blockchain tech.

It’s actually an endorsement of a bullish attitude towards Bitcoin and crypto in general.

Always do your own research before investing – but don’t overlook Bitcoin and BTC Bull Token as they gain momentum.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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May 19, 2025 0 comments

Crypto Trends

Bitcoin Long-Term Holders Supply Back On The Rise After A Brief Decline

by admin May 19, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Positive sentiment has returned to the market as Bitcoin witnessed a surge above the $105,000 mark, a key resistance level in its ongoing upward trend. Even though BTC has briefly pulled back, many seasoned investors are exhibiting significant interest in the flagship asset, which is evidenced by a recent spike in long-term holders’ supply.

Long-Term Bitcoin holders Are Accumulating Again

Bitcoin’s renewed upward trend beyond the $100,000 milestone is being met with growing interest and confidence. On-chain expert and author Darkfost reports a notable shift in supply dynamics among long-term BTC holders, often regarded as seasoned investors.

Presently, the Bitcoin long-term holders’ supply has increased after experiencing a rare second consecutive decline, which triggered speculation about a potential distribution from these committed holders. It also raised concerns that the seasoned investors are starting to reassess their positions during the previous slight shake downs in BTC’s price last week. However, the renewed rise in long-term holders’ supply suggests a resurgence in conviction and demand among these investors as BTC surges toward key resistance levels.

BTC long-term holders go on a buying spree | Source: Darkfost on X

Following his thorough analysis of the key Bitcoin Long-Term Holder Binary Spending Indicator, the expert revealed that their supply has sharply increased from 14.3 million BTC to approximately 15.8 million BTC in the past few days.

Given the long-term holders’ underlying commitment, this rebound may support BTC’s ongoing uptrend, stabilizing and strengthening its current market cycle. If the supply continues to increase, it could provide the necessary momentum for BTC’s rally to extend since this development typically encourages higher price levels.

Two Key Points From The LTHs Supply Rise

Thus far, Darkfost has underlined two important points in the rise in LTHs supply. According to the expert, long-term holders who have accumulated BTC over time appear to be holding their coins currently rather than selling them.

Furthermore, some Bitcoin holders who purchased more coins recently, especially more than six months ago, now seem to be holding steadily. Together, these factors show a general desire to hang onto their coins throughout the long and medium terms.

With the current market performance, the expert noted that the rising supply among long-term holders without spending is a critical signal to observe. Another key observation outlined by Darkfost is that the amount of UTXOs spent by LTHs has drastically fallen since peaking in December 2024 and the brief panic in March when BTC fell below $80,000.

At the time of writing, BTC’s price was trading at $102,603, indicating a nearly 3% decrease in the past week. Despite the sudden drop to the $102,000 threshold, investors are still betting on the asset’s potential to continue rallying, as evidenced by a surge in its trading volume by over 79% in the past day.

BTC trading at $103,213 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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May 19, 2025 0 comments

GameFi Guides

Bitcoin surpassed gold per kilo, but gold still leads as a safe haven: MEXC COO

by admin May 19, 2025

Bitcoin is now worth more than one kilogram of gold, but gold is outperforming in this volatile economy, says MEXC COO Tracy Jin.

Bitcoin (BTC) is worth more than one kilogram of gold, but many investors still favor the latter. On Monday, May 19, MEXC COO Tracy Jin shared her insights about Bitcoin’s relative performance with crypto.news.

Jin pointed out that Bitcoin traded above $106,000, which is worth more than one kg of gold. The biggest crypto asset reached a daily high of $107,089 on May 19. However, she added that the volatile macroeconomic environment still favors gold.

“Since the beginning of 2025, gold has risen by 23%, outpacing Bitcoin’s 12% gain. This divergence highlights that, in times of heightened uncertainty, institutional capital continues to favor traditional safe-haven assets. Gold remains the preferred hedge — at least for now,” Tracy Jin, MEXC.

Still, gold’s strong performance could be good for Bitcoin. This is because the current macroeconomic imbalances favor assets that are seen as safe havens. What is more, Bitcoin has more space to grow, Jin points out.

Bitcoin could be at $150,000 by year’s end: Tracy Jin

Despite gold’s relatively strong performance, Jin believes that Bitcoin is in a good position to grow further. Compared to traditional markets, Bitcoin has shown resilience, and investors are increasingly starting to view it as a safe haven.

“Bitcoin, however, is showing resilience. The asset has posted six consecutive weeks of growth, closing near $106,500. The $105,800 level is a key resistance zone: a confirmed breakout could open the way toward $109,000, with optimistic projections reaching $130,000 in Q3 and potentially $150,000 by year-end,” Tracy Jin, MEXC.

Long term, there’s still significant potential for growth, especially if investors start using Bitcoin as a safe haven and a hedge against inflation. For instance, Jin pointed out that Bitcoin’s market cap is still well below gold’s, at $2 trillion compared to $21 trillion.

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May 19, 2025 0 comments

GameFi Guides

JPMorgan CEO Says He Will Allow Clients to Buy Bitcoin

by admin May 19, 2025

Jamie Dimon, chief executive officer at JPMorgan, has stated that the banking giant would allow its clients to purchase the leading cryptocurrency.

At the same time, Dimon has clarified that the bank itself would not engage in custody of their crypto.

Dimon has also reiterated that he himself is not a fan of the mercurial cryptocurrency.

In 2017, the JPMorgan boss famously stated that he would ban any employee from trading Bitcoin.

Bitcoin Taps $106,000 Before Tumbling as Ethereum Dips

by admin May 19, 2025

In brief

Bitcoin hit $106,000 before slipping 3.8% to $102,450 in a matter of hours
Ethereum tumbled 4.3% on Monday to $2,400, prompting $264.4 million worth of liquidations
The Federal Reserve warned that Trump’s tariffs could cause inflation to rise, with Walmart also increasing its prices due to the trade war.

Leading cryptocurrency Bitcoin has had a volatile start to the week as it rose 2.5% from $103,850 to $106,500 before slumping 3.8% to $102,450 on Monday.

With Bitcoin’s major moves $178.46 million worth of positions have been liquidated over the past 24 hours, according to CoinGlass, with a fairly equal split between long and short positions.

This comes as a class action lawsuit was filed against MicroStrategy, the firm led by Michael Saylor that is bullishly acquiring Bitcoin, claiming that the firm is misleading investors—a matter of hours later the company announced the acquisition of $764.9 million worth of BTC.

Plus, an Australian judge ruled that Bitcoin is a form of money, according to the Australian Financial Review. That will potentially open the door to Bitcoin being exempt from capital gains tax.

Meanwhile, Ethereum has tumbled 4.3% on the day from $2,500 to $2,400 after what was considered a great month for the second largest cryptocurrency. As such $264.40 million worth of Ethereum positions have been liquidated, according to CoinGlass, with $205.28 million of these being longs.

This follows a month of green action for most of the crypto industry, as President Trump’s trade war appears to be coming to a close.

At the start of May, the U.S. and the UK agreed on a trade deal in what the UK Treasury minister called a “huge relief.” Then, last week, China reached an agreement with the States prompting a major roll back in tariffs between the countries.

However, inflation concerns have resurfaced following the Federal Reserve keeping its benchmark interest rate at 4.25% to 4.50%, with no sign of an immediate shift in policy—despite criticism from Trump. The Fed also warned that the risk of higher inflation and unemployment were rising due to Trump’s tariff war.

These concerns were compounded last week by Walmart announcing plans to raise prices this month, due to the impact that tariffs had on imports.

This may explain why Bitcoin has had such a surprisingly volatile week. It hit a weekly low of $101,750 on Tuesday followed by multiple peaks and troughs before hitting $106,500 high on Monday, and slumping back to $102,450 hours later.

Despite Bitcoin’s 1.4% drop on the day, according to CoinGecko, it remains just 5.8% from its all-time high of $108,786 hit in January of this year. Ethereum, by comparison, is still 50.9% from its all-time high of $4,878 achieved in 2021.

Edited by Stacy Elliott.

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May 19, 2025 0 comments

NFT Gaming

Bitcoin (BTC) Price Rebounds to $105K After Moody’s Downgrade; Crypto ETF Issuer Sees 35% Upside

by admin May 19, 2025

Cryptocurrencies regained footing on Monday after a rocky start to the trading session, mirroring a broader recovery in risk assets as traders digested Moody’s downgrade of U.S. government bonds.

Bitcoin

notched a strong rebound after slipping to as low as $102,000 early in the U.S. session, following its record weekly close at $106,600 overnight. The largest cryptocurrency by market cap climbed back to $105,000 in afternoon trading, up 0.4% over 24 hours. Ether rose 1.2%, reclaiming the $2,500 level.

DeFi lending platform Aave

outperformed most large-cap altcoins, while the majority of the broad-market CoinDesk 20 Index members still remained in the red despite advancing from their daily lows. Solana , Avalanche and Polkadot were down 2%-3%.

The bounce extended to U.S. stocks, too, with the S&P 500 and Nasdaq erasing their morning decline.

The early pullback in crypto and stocks came after Moody’s late Friday downgraded the U.S. credit rating from its AAA status. The move rattled bond markets, pushing 30-year Treasury yields above 5% and the 10-year note to over 4.5%.

Still, some analysts downplayed the downgrade’s long-term impact on asset prices.

“What does [the downgrade] mean for markets? Longer-term – really nothing,” said Ram Ahluwalia, CEO of wealth management firm Lumida Wealth. He added that in the short term there might be some selling pressure centered on U.S. Treasuries due to large institutional investors rebalancing, as some of them are mandated to hold assets only in AAA-rated securities.

“Moody’s is the last of the three major rating agencies to downgrade U.S. debt. This was the opposite of a surprise – it was a long time coming,” Callie Cox, chief market strategist at Ritholtz Wealth Management, said in an X post. “That’s why stock investors don’t seem to care.”

Bitcoin targets $138K this year

While BTC hovers just below its January record prices, digital asset ETF issuer 21Shares sees more upside for this year.

“Bitcoin is on the verge of a breakout,” research strategist Matt Mena wrote in a Monday report. He argued that BTC’s current rally is driven not by retail mania, but by a confluence of structural forces, including institutional inflows, a historic supply crunch and improving macro conditions that suggests a more durable and mature path to fresh all-time highs.

Spot Bitcoin ETFs have consistently absorbed more BTC than is mined daily, tightening supply while major institutions, corporations such as Strategy and newcomer Twenty One Capital accumulate and even states explore creating strategic reserves.

These factors combined could lift BTC to $138,500 this year, Mena forecasted, translating to a roughly 35% rally for the largest crypto.

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May 19, 2025 0 comments