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Wealthy Asian Investors Seek Digital Assets
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Wealthy Asian Investors Seek Digital Assets

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Wealth managers in Asia have noticed a surge in demand for crypto assets as mainstream adoption and broader regulatory shifts drive prices to new highs. A recent report shared that wealthy Asian investors are seeking to grow their digital asset portfolios.

High-Net-Worth Investors Bet On Crypto

Wealthy Asian families and family offices are reportedly planning to increase their cryptocurrency investments amid the bullish market, mainstream adoption, and positive regulatory developments in multiple jurisdictions, including the US and Hong Kong.

In a Thursday report, Reuters revealed that high-net-worth Asian investors are seeking more exposure to crypto assets, with wealth managers receiving more inquiries, crypto funds seeing an increase in demand, and exchanges’ trading volumes surging.

Jason Huang, founder of NextGen Digital Venture, told the news media outlet that they had raised over $100 million in just a few months for a new long-short crypto equity fund launched in May.

He noted that the response from Limited Partners (LPs) that represent high-net-worth individuals “has been encouraging,” adding that his firm’s investors, which are mainly family offices and fintech entrepreneurs, recognize the “growing role of digital assets in diversified portfolios.”

Swiss investment bank UBS said that some overseas Chinese family offices are looking to raise their crypto exposure to approximately 5% of their portfolio. Lu Zijie, head of wealth management at UBS China, shared that many second and third-generation members of multiple family offices are starting to learn about digital assets and how to participate.

Meanwhile, some wealth managers highlighted a mindset shift among Asian clients over the last few years, moving from a small allocation to embracing the crypto sector as a “must-have” in their portfolios. Reportedly, investors are increasingly treating Bitcoin as a “portfolio diversifier” to protect themselves against macro uncertainties due to its low correlation with stocks and bonds.

Zann Kwan, CIO at Singapore-based Revo Digital Family Office, affirmed that family offices “started to dip their feet” into spot Bitcoin exchange-traded funds (ETFs) last year following the approval of the crypto-based investment products in the US. “Now they have begun to learn the difference of holding a token directly,” he added.

Asia’s Market Gains Momentum

Reuters noted that the surging interest of Asian high-net-worth investors follows the recent market rally, which saw Bitcoin hit a new all-time high (ATH) of $124,128 last week, as well as positive regulatory developments, including the enactment of the GENIUS Act in the US and the passage of Hong Kong’s stablecoin legislation.

Cryptocurrency exchanges have also benefited from the increase in trading demand, with the number of registered users at Hong Kong’s HashKey exchange surging 85% year-on-year (YoY) by August.

As reported by Bitcoinist, Hong Kong’s new stablecoin framework has sparked a frenzy of fundraising activity among fintech firms, raising around $1.5 billion via share placements to invest in stablecoins, blockchain payment systems, and digital assets.

South Korea, Malaysia, Thailand, and the Philippines are also experiencing high interest in Asian-pegged stablecoins despite authorities’ concerns of capital outflows, while Japan and China explore launching their stablecoins.

Meanwhile, the broader stablecoin push has seen investors shift from US big tech stocks to crypto-related equities. Recent data revealed that South Korean individuals investing in overseas stocks have shifted from US big tech equities to crypto-linked stocks over the past two months, with increasing interest in stablecoin-related companies.

Bitcoin (BTC) trades at $112,340 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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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Pepeto presale shows early momentum; Investors take notice
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Pepeto presale shows early momentum; Investors take notice

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana targets $900 by 2026, while memecoin Pepeto is gaining buzz with its blend of culture and utility, offering early investors bigger upside potential.

Summary

  • Pepeto mixes meme culture with real tools like PepetoSwap and PepetoBridge.
  • Presale raised $6m with 242% APY staking and audited contracts.
  • Early-stage positioning offers high upside potential.

Solana (SOL) is a big name in crypto. Some analysts think SOL can reach $900 by 2026, which sounds good for steady gains. But the biggest opportunity right now may be somewhere else. That spot could belong to Pepeto, a memecoin with real utility that wants to change how memecoins work. The real question is: can Pepeto deliver the kind of explosive returns that big coins like Solana no longer can?

Solana’s path to $900

Solana is trading near $184. If it reaches $900 by 2026, that is about a 388% gain. The push comes from talk around US spot SOL ETFs and a first Solana ETF launched in a special structure that can bring in more investors. Solana also led blockchains with about $271 million in revenue in Q2 2025.

In June, its activity was similar to all other L1s and L2s combined, which shows real use turning into fees. If ETFs get approved, if demand grows, and if revenue stays strong, the $900 target is bold but possible. Still, the biggest wins often come from smaller projects at an early stage, where the upside can be much higher.

Pepeto is more than hype

Pepeto is built on Ethereum and mixes meme culture with real products. Many memecoins rely only on hype. Pepeto is building a full platform to fix trader problems and to be a home for all memecoins in one place. PepetoSwap lets people trade with zero fees.

PepetoBridge lets people move tokens safely across chains without middlemen. Holders can stake and earn strong rewards. The contracts are audited for security. This mix of culture and working products helps Pepeto stand out from coins that fade after the first pump.

Presale momentum and investor confidence

Pepeto is in presale at $0.000000147 and has already raised over $6 million. That is a strong sign before any major listings. Staking is live at 242% APY, and more than 42 trillion tokens are already staked, which shows holders are here for the long term. The smart contracts are audited by Coinsult and SolidProof. These independent checks look for hidden risks like mint functions or wallet blacklists and help buyers feel safer.

Beyond the meme, there are real tools. PepetoSwap offers zero-fee trading. PepetoBridge allows safe cross-chain transfers. The token model removes common red flags with no trading tax and no team wallets. Together, steady funding, live products, third-party audits, and a fair structure build trust as the presale moves forward. As stages close and supply tightens, interest increases, and more investors are joining.

The growth potential exceeds SOL

If Solana moves from about $184 to $900 by 2026, that is roughly a 4 to 5x gain, about 388%. That is fine for a large-cap coin. But when coins get this big, the explosive upside becomes harder. That is why many investors look to smaller projects for bigger multiples. Pepeto starts much lower at $0.000000147 in presale. Small moves can create huge results.

A move to $0.00001 is about 68x. A move to $0.0001 is about 680x. Even $0.001 would be more than 6,800x. This is the kind of asymmetric setup traders want. It is an early-stage project with working tools where the upside can be much larger than a mature coin. The trade-off is higher risk and more volatility, but the potential reward is on another level.

Community and meme culture power

In the memecoin market, community is everything, and Pepeto’s is growing fast. Social feeds are full of memes, fan art, and posts from holders that keep the project visible every day. This kind of organic growth is important after launch, because many coins lose attention once the first run ends. Pepeto connects that energy to real utility. The result is a stronger chance of long-term relevance compared to coins that depend only on speculation.

Conclusion: A different kind of bet

For investors chasing the biggest upside, Pepeto offers a different kind of bet. It runs on Ethereum and ships real tools like PepetoSwap for zero fee trading and PepetoBridge for safe cross chain transfers. Staking is live at 242% APY. The contracts are audited by Coinsult and SolidProof. There is no trading tax and no team wallets. The presale price is $0.000000147 with over $6 million raised, giving early buyers a rare entry. Starting this low means even small moves can create large multiples. That is why many see Pepeto as a true breakout candidate for the next bull run.

To learn more about PEPETO, visit its website, Telegram, Instagram, and Twitter.

Disclaimer: To buy PEPETO, use only the official website: https://pepeto.io. As the listing date approaches, be aware of scams using the project’s name to mislead investors. Always verify sources before committing funds.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.





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XRP
Crypto Trends

ETF Issuer Says XRP Is A Tactical Play For Institutional Investors, Here’s Why

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Institutional confidence in the cryptocurrency market is gaining new momentum, particularly with XRP, which is increasingly becoming a focal point for investors. A recent release by ETF issuer WisdomTree, now circulating across the social media platform X and amplified by crypto commentator SMQKE, is projecting XRP as a “tactical onshore play” for institutional portfolios. 

The endorsement shows the growing sentiment that XRP is no longer just a speculative asset, with many fervent bullish proponents predicting a $1,000 price point in the near future.

XRP As A Tactical Onshore Play

According to ETF issuer WisdomTree, the unique advantage XRP now offers is its fully onshore accessibility through CME-listed futures. This eliminates the reliance on offshore venues that often expose investors to shallow liquidity and weaker regulatory oversight. In essence, the full onshore access of XRP makes it a viable gateway to consistent basis yield harvesting, especially valuable in fast-moving and volatile conditions in the crypto market. 

Basically, recent crypto market dynamics have made it possible that institutional traders can directly access basis trading opportunities in XRP without leaving regulated markets, a development that makes the asset particularly attractive for large-scale portfolio managers. 

However, many XRP proponents would argue that the cryptocurrency is yet to reach its full potential when it comes to being the tactical play for institutional investors. The most important thing right now is the launch of Spot XRP ETFs in the US market. A Spot XRP ETF would mirror the trajectory that Bitcoin followed in early 2024, when Spot ETF approvals by the SEC unleashed billions in inflows into the cryptocurrency.

Interestingly, the SEC has set a final deadline for deciding on several XRP-linked spot ETF applications by mid-October. For instance, the regulator must decide by October 18, 2025, whether to approve Grayscale’s request to convert its XRP Trust into a spot ETF. According to Eric Balchunas, a senior ETF analyst for Bloomberg, the odds of an XRP ETF hitting the US market soon are at 95%.

Bitcoin, Ether, And Solana As Institutional Benchmarks

The release by WisdomTree also looks at how different digital assets occupy particular roles among institutional investors. Bitcoin, through CME-listed futures, is the institutional “gold standard,” with the deepest liquidity and the most reliable structure for basis trading. According to the ETF issuer, Bitcoin CME futures are always trading at an annualized premium to spot, which makes them the cleanest in terms of scalability for yield harvesting. 

On the other hand, Ether is the smart beta to Bitcoin’s benchmark, while Solana was described by WisdomTree as the high-octane yield enhancer. Solana, like XRP, is still in its early stage compared to Bitcoin and Ether among institutional investors, but with the potential for higher returns due to staking rewards boosting its basis trades. However, despite these other crypto heavyweights, WisdomTree proclaimed XRP as the best tactical onshore play.

XRP trading at $2.9 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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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HBAR/USD (TradingView)
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HBAR Tumbles 3% as Institutional Investors Exit Positions

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Hedera Hashgraph’s HBAR token faced heavy selling pressure during a volatile 23-hour stretch between August 19 at 15:00 and August 20 at 14:00, sliding 3% from $0.24 to $0.23.

The token traded within a tight $0.01 band, marking a 4% spread between its session high and low, as traders adjusted exposure across alternative digital assets. Analysts highlighted the $0.24 level as a key point of resistance, where buying momentum faded and downward pressure intensified.

The most pronounced activity came during the final hour of trading on August 20, when volumes surged to 85.82 million HBAR.

Market observers noted that the token tumbled to $0.23 before staging a modest recovery into the close, a pattern that underscored the elevated volatility. The heavy turnover during this window suggests sellers were dominant, creating short-term weakness and testing key support levels.

Between 13:45 and 14:06, more than 3.8 million tokens changed hands, coinciding with the sharpest part of the decline. Prices briefly dipped to session lows before bouncing, as buying interest re-emerged to stabilize the market.

By the final minutes, HBAR recovered enough to close near $0.23, signaling that while downside risks remain, short-term support is holding for now.

HBAR/USD (TradingView)

Technical Indicators Analysis
  • Token declined 3% from opening price of $0.24 to closing price of $0.23 over 23-hour institutional selling period.
  • Trading range of $0.01 represents 4% spread between absolute session high and low.
  • Resistance level established around $0.24 where institutional buying interest diminished significantly.
  • Support level emerged near $0.23 with retail buying providing technical floor.
  • Elevated volume of 85.82 million during final hours confirms institutional distribution patterns.
  • Volume exceeded 3.8 million during peak selling period between 13:45-14:06 indicating coordinated liquidation.
  • Final 14 minutes showed technical recovery from $0.23 support level suggesting retail buying interest.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Crypto Trends

Publicly-Listed AMTD Group Wants Investors’ Crypto in Equity Swap Program

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In brief

  • The group said the program aims to diversify its business, believing it would serve as a bridge between crypto and the NYSE.
  • AMTD plans to use their media, hospitality, and education assets to offer asset-allocation support, VIP experiences, and financial education.
  • All three are micro to small-cap companies, with the largest running at about $509 million.

On Tuesday, three affiliated NYSE-listed companies under AMTD Group proposed a crypto-for-stock conversion program that would let holders swap Bitcoin, Ethereum, USDT, Binance’s BNB, and USDC for newly issued shares under the exchange.

AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE) formed the program with pricing that would be set by mutual agreement at prevailing market values, and allocations could be split across the three issuers.

Framing the plan as a “conduit and effective means” for portfolio diversification, the group said the issuances would “serve as a bridge connecting the world of crypto assets with one of the world’s leading stock exchanges.”



To flesh out what it touts as “adjacent offerings,” the group points to its media, hospitality, and education footprint as the delivery base.

Headquartered in France with presence in Singapore, AMTD runs digital media, marketing, investments, and hospitality/VIP services, while TGE owns L’Officiel, a French fashion magazine, and The Art Newspaper. It also operates entertainment projects and premium properties.

The group claims these assets will be used to help crypto holders “facilitate and better their experiences,” packaging asset-allocation support, leisure, and VIP experiences, as well as financial education.

The proposal also includes American depositary shares, which are U.S.-traded shares issued by a depositary bank that represent a specified number of a foreign issuer’s ordinary shares, among the securities that could be issued to crypto holders looking to convert their assets.

It’s worth noting that, by market capitalization size, the three are micro to small-cap issuers. AMTD has about $176 million, HKD has roughly $509 million, and TGE has $161 million in market size, per their respective data dashboards on Google Finance.

Of the three, only AMTD’s stock closed positively at 1.9%, with the other two down by 3.5% and 6.2% respectively, following the announcement.

The announcement disclosed no launch timeline, geography, investor eligibility, issuance caps, lockups, KYC or custody arrangements, or settlement mechanics, and stated it was not an offer or solicitation.

Decrypt reached out to the group for comment on whether the issuances would be registered, conducted as private placements, or offshore transactions, and whether U.S. persons would be eligible.

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Investors favor this new coin under $1 and another coin under $4 over a leading token
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Investors favor this new coin under $1 and another coin under $4 over a leading token

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Solana eyes $250, investors turn to XRP and Little Pepe as explosive crypto opportunities this cycle.

Summary

  • Solana eyes $250, but XRP and LILPEPE show greater millionaire-making potential.
  • LILPEPE combines meme power, low entry, and presale momentum for explosive gains.
  • XRP gains clarity, Solana climbs, but LILPEPE could be the bull run’s hidden gem.

With the 2025 bull run shaping up, crypto investors are re-evaluating where the next big wave of wealth will come from. 

While Solana (SOL) holds strong technical support and targets $250, more eyes are turning to Ripple (XRP) and a new sub-$1 memecoin, Little Pepe (LILPEPE), as the most explosive plays this cycle.

Little Pepe: The meme chain moonshot

“From ribbit to riches” could potentially be the 2025 crypto story. Little Pepe is not here to play the meme-hype game. It’s the world’s first Layer-2 chain built solely for memes, designed to host a dedicated meme launchpad and offer the cheapest, fastest, and sniper-bot-proof trading environment. 

That’s a memecoin narrative with real blockchain muscle. Since launching its presale at $0.001 on June 10, LILPEPE has raised over $17.5 million and sold 11.7 billion tokens, now priced at $0.0019, already up 90% from Stage 1. The momentum is unmistakable, and the project’s 0% buy/sell tax, near-zero fees, and backing from anonymous experts behind past meme giants add serious credibility. 

Its roadmap outlines a major rollout: presale completion, mainnet launch, meme-only CEX listings, and partnerships designed to make it the go-to chain for meme culture. Plans are even in place to target the largest exchange in the world post-launch. 

Meanwhile, Little Pepe has completed its Certik smart contract audit, ensuring a fair transaction experience. Combined with a generous $777k giveaway, the project pulls retail investors and whales into its orbit. 

Given its low entry price, a move to even $1 would be over 500x from today’s presale stage. For those seeking the next millionaire-maker coin, LILPEPE’s fundamentals and hype cycle align perfectly with 2025’s meme coin mania.

Ripple’s long legal battle with the SEC ended in August 2025, eliminating one of the biggest overhangs in its history. The XRP price reacted instantly, surging from $2.99 to $3.33 in a day, with analysts now eyeing $8 to $30 targets in the coming months.

Source: CoinGecko

Institutional interest is heating up. Japan’s SBI Holdings has already filed for a Bitcoin-XRP ETF, signaling that Ripple’s remittance and payments tech could finally get the mainstream push it has been waiting for. 

Trading volumes, open interest, and long/short ratios show a strong bullish bias. XRP’s new regulatory clarity and global payment network adoption put it in a powerful position for the 2025 bull run for investors looking at mid-cap cryptos with real-world use cases.

Solana price outlook: The catch-up game of 2025?

Solana has been holding key support levels around $140 and is currently eyeing a breakout towards $250. On-chain liquidity, golden cross EMA setups, and buy-side absorption support this bullish case.

Source: CoinGecko

However, SOL faces the massive task of overcoming the $205 multimonth resistance level. Failure to mount a convincing move above that range might see SOL revisiting lower support around $156.  

Despite a sustained push, Solana’s next target of around $250 is not profitable enough for new entrants. That’s why some traders see it as a “steady” play rather than the life-changing ROI bet they can get with sub-$1 cryptos like LILPEPE. In other words, while Solana price targets are bullish, fireworks might happen elsewhere.

Conclusion: The 2025 wealth equation

This bull run isn’t just about which projects survive, but which ones can multiply portfolios. Solana targets a steady rise to $250. However, it is limited compared to alternatives in the market. XRP brings legal clarity and institutional adoption to a potential price discovery mode. 

Little Pepe delivers the perfect storm of low entry price, viral meme culture, real utility, and unstoppable presale momentum. If history tells us anything, the biggest millionaire-makers often start small, move fast, and catch the wave before everyone else sees it. Right now, that’s LILPEPE. Join the presale before the subsequent stage price increase.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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Crypto Trends

Athena Bitcoin Clears Way For Early Investors to Sell Shares

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In brief

  • The filing registers 473 million shares for resale by early investors, insiders, and former employees.
  • Athena said it plans to uplist to a higher OTC tier but offered no timeline or operational update.
  • The company gained early prominence for being the first to deploy Bitcoin ATMs in El Salvador.

Athena Bitcoin Global, a U.S.-based crypto ATM operator with a focus on Latin America, has filed to register hundreds of millions of shares for resale by former investors, marking a potential exit tied to earlier debt financing.

The S-1 filing appeared on the SEC archives Tuesday, detailing how Athena would register 473 million common shares for resale by more than two dozen shareholders, including early backers, company insiders, and former employees.

Many of its shares were issued following the conversion of a secured convertible debenture, a type of debt instrument that can be converted into equity at a later date.

Athena said the registration would increase its profile “as a leading company in the international operation of Bitcoin ATMs” and potentially “make it easier to attract additional equity capital,” which it needs to fund its expansion.

The operator did not immediately respond to Decrypt’s request for comment.

The move enables investors to exit their position by selling shares they acquired through a prior debt agreement. While it would provide liquidity, it may also impact shareholder value.

Athena gained prominence in 2021 when it became the first operator to deploy Bitcoin ATMs in El Salvador.



Its stock trades under the ticker ABIT on the OTC Pink Market, the lowest tier of U.S. public markets, known for minimal disclosure requirements, limited liquidity, and heightened investment risk.

Despite prior plans, Athena said it has not yet applied for an uplisting to OTCQB or OTCQX, which impose stricter disclosure requirements, per the filing.

While convertible debenture conversions are standard in distressed or early-stage financing, they may introduce selling pressure, especially in thinly traded securities like Athena’s.

To date, its daily volume has fluctuated wildly from as low as $160 to $112,280, with a 65-day average of $10,367, according to data from Yahoo Finance.  Despite the volatility, its stock has consistently traded below $0.10, closing at $0.0394 on Tuesday.

Broader headwinds and El Salvador pullbacks

In its filing, the company acknowledged broader headwinds stemming from crypto market turmoil, citing the collapse of platforms such as FTX, Celsius, and Voyager as indirect factors impacting transaction volumes. 

FTX, Celsius, and Voyager were severely impacted during the previous crypto bear market, which occurred more than two years ago.

Although Athena said it suffered no “material direct impact,” it noted that these bankruptcies led to declines in crypto prices, trading volume, and user sentiment.

The combination of these drivers “could have been a contributing factor” to the decreased volume that it experienced after the bankruptcies.

Athena gained international attention for deploying Bitcoin ATMs during El Salvador’s rollout of BTC as legal tender, though El Salvador’s broader crypto strategy has faced international scrutiny, with fiscal reforms aimed at easing pressure from the IMF despite President Bukele’s continued defiance.

Edited by Sebastian Sinclair

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live crypto presales news
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Iran Conflict Dumps Crypto, North Korean Hackers Target Crypto Wallets, EU MiCA Rules Make Investors Double Down on Best Wallet, and More…

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Stay Ahead with Our Immediate Analysis of Today’s Crypto Presales

Check out our Live Update Coverage on the Best Crypto Presales for June 23, 2025!

With so many institutions and countries adopting crypto, the presale market is also heating up. The biggest difference is that it offers more diversified, unique early investment chances with potentially much bigger payoffs than regular stablecoins or BTC.

We provide real-time news on new presale projects, whale buys, funding and development milestones, as well as vital alerts. Everything you need to navigate potential opportunities and risks.

This page is updated frequently throughout the day, as we get the latest insider scoops on the hottest presales, so keep refreshing!

Disclaimer: Crypto investments are high-risk and you could lose your entire capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Get Solaxy to Weather the Storm After Trump’s Airstrikes on Iran

June 23, 2025 • 07:28 UTC

The crypto market quaked after Trump’s attack on several Iranian nuclear sites. This sent crypto into a dump dive, with over $595M bullish bets liquidated within 24 hours. Ethereum, XRP, and even Bitcoin slid down.

However, despite the market chaos, traders are looking toward altcoins and crypto presales that might soar this year.

One such project has proven their worth time and time again: Solaxy ($SOLX.

As the first-ever Solana Layer-2, $SOLX aims to enhance the blockchain with better speed and zero failed transactions. By combining Ethereum’s liquidity with Solana’s speed, Solaxy is sure to soar. The presale has raised over $56M, and 1 $SOLX is now $0.001766.

The project might be the best play for investors looking to weather the current storm and make smart investments. Read more.

Read more about Solaxy on the official site.

Best Wallet Token to Soar After Coinbase Secures EU-Wide MiCA License

June 23, 2025 • 07:28 UTC

The crypto industry is at a crossroads as Coinbase’s MiCA license is waiting for approval in Europe. That would make it one of the first crypto companies aligning itself fully with the new regulatory framework.

Coinbase would be able to operate seamlessly across all 27 EU states under one license (an incredible leap forward for crypto accessibility in Europe).

With more regulatory obstacles left in the dust, investors are becoming increasingly bullish. This makes presale tokens with real utility shine through the crowd.

One such coin is Best Wallet Token ($BEST). As the native token of a top non-custodial wallet (Best Wallet), $BEST supercharges the privacy-focused ecosystem. Investors get lower fees, better staking rewards, and early access to presales.

Best Wallet and its token are perfectly positioned to benefit from Europe’s crypto expansion as more investors are coming in. Read more.

Read more about Best Wallet Token on the official site.

North Korean Hackers Keep Targeting the Crypto Industry

June 23, 2025 • 07:28 UTC

The North Korean hacker group known as Famous Chollima is targeting crypto job applicants on a wide scale. They’re using a job application process to deceive those active in the crypto industry with a Python-based malware dubbed PylangGhost.

Victims, mostly India-based at the time of writing, are deceived into downloading the malware on their devices under the guise of “video drivers” being required for the process. The malware is delivered via a zip file with an innocuous name, such as nvidia.py. Once installed, the script harvests sensitive data such as browser sessions, wallet data (MetaMask, Phantom), and login credentials.

Windows and Mac systems are affected, but Linux systems appear to be safe. As attacks on crypto owners increase, crypto presales and wallets, such as Best Wallet, are stepping up their security and verification process, introducing MFA methods that make it difficult to extract funds from victims even if their credentials are leaked.

Read more about Best Wallet on the official site.

$BTC Season Confirmed, $112K Next as Smart Money Seek Double Exposure with $BTCBULL

June 23, 2025 • 07:28 UTC

$BTC breaks past $105K as a massive green candle forms on the three-hour chart. Community sentiment is 82% bullish, while the ASI hits 22 – clear Bitcoin Season.

Now, watch for immediate resistance at $112K where $BTC will retest its record high, with an extended target at $120K if momentum holds.

As meme coin 24-hour trading volume is down 24%, smart money seeks greater $BTC exposure. This is precisely why BTC Bull Token ($BTCBULL) presale raised $7.6M so fast – it gives direct $BTC exposure through airdrops scheduled for $BTC’s $150K and $200K milestones.

The presale won’t last forever, but $BTC’s bull run is just getting started.

Read more about BTC Bull Token on the official site.

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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Useless Coin price surges as smart money investors buy
NFT Gaming

Useless Coin price surges as smart money investors buy

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Useless Coin has emerged as a surprising outlier in a bearish crypto landscape, surging over 1,700% in June even as broader Solana meme coins and blue-chip tokens like Bitcoin retreat.

Powered by aggressive accumulation from smart money and whales, and supported by thinning exchange balances, the meme coin has hit a $100 million market cap and caught the attention of traders hunting for upside. While momentum indicators now flash caution, Useless Coin’s rise underscores the unpredictable nature of meme-driven markets—and the powerful role of investor sentiment.

Useless Coin (USELESS) token jumped to a high of $0.1092 this week, up by over 1,750% from its lowest level in June. 

Useless token price jumped even as the crypto market crashed, with Bitcoin (BTC) falling from a record high of $111,900 in May to $103,000. Most Solana (SOL) meme coins have dropped this month, with their market capitalization falling from over $15 billion earlier this month to $9 billion. 

Nansen data shows that smart money investors have been buying the coin. Data shows that its smart money investors bought Useless tokens worth over $94,000 in the last 24 hours.

These investors now hold over 14 million tokens, a 97% increase from the same period last month. Similarly, whales have increased their exposure by over 36% in the last 30 days to over 338 million. 

Useless whale accumulation | Source: Nansen

Smart money and whale accumulation is a good catalyst for an asset because it is a sign that they expect the price to keep going upwards. Further data shows that the exchange balances have crashed by over 16% in this period to 51.8 million. 

Useless Coin price technical analysis

Useless chart | Source: TradingView

The four-hour chart shows that the Useless token price has surged from a low of $0.005460 to a record high of $0.1095. It has formed an ascending channel and remained above the 50-period moving average. 

The risk, however, is that there are signs that the momentum is ending. For example, the Average Directional Index has plunged from a record high of 70 to 20. The ADX is a popular indicator that measures the strength of a trend. 

The MACD and the Relative Strength Index have also formed a bearish divergence pattern, pointing to a potential retreat. Therefore, the coin may drop to the support at $0.50 as traders start to book profits.  



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Crypto Trends

BBVA’s Crypto Call: Wealthy Investors Encouraged To Allocate Up To 7% To Bitcoin

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Spanish bank BBVA now recommends that its affluent clients allocate 3-7% of their investment portfolios to cryptocurrencies like Bitcoin (BTC). This announcement was made by Philippe Meyer, head of digital and blockchain solutions at BBVA Switzerland.

BBVA’s Approach To Bitcoin And Crypto Investments

Meyer shared this insight during the DigiAssets conference in London, indicating that the bank began advising clients on Bitcoin investments as early as September 2022. He noted that for clients with a higher risk appetite, BBVA is willing to endorse a digital asset allocation of up to 7%. 

This marks a significant evolution in the bank’s approach, as it has been facilitating client requests for cryptocurrency purchases since 2021 but is now formally advising on portfolio allocations.

The timing of BBVA’s endorsement comes as cryptocurrency prices have seen substantial growth, particularly with Bitcoin reaching new record highs near the $112,000 mark in May. 

This recovery follows a turbulent period in 2022, when the collapse of prominent exchanges like the defunct FTX left many investors facing significant losses. 

The resurgence of digital currencies has also been bolstered by supportive stances from influential figures, including US President Donald Trump with a pro-crypto agenda taking shape in key roles and bills advancing in the Senate.

Despite this increased interest for cryptocurrencies, many private banks typically execute client requests to buy cryptocurrencies, which is relatively rare for them to actively recommend such investments. 

The European Securities and Markets Authority has previously cautioned that a vast majority of EU banks—approximately 95%—do not engage in crypto activities, highlighting the cautious stance of the financial industry.

Plans For More

Meyer emphasized that BBVA is likely among the first major global banks to formally advise its wealthy clientele on digital asset investments. In June 2021, the bank launched Bitcoin trading and custody services through its Swiss subsidiary, aiming to establish itself as a leader in adopting blockchain technology. 

BBVA’s CEO for Switzerland, Alfonso Gómez, remarked at the time that this innovative offering positioned the bank as a benchmark institution in the evolving digital landscape.

Currently, the bank’s investment advice focuses on Bitcoin and Ethereum (ETH), with plans to expand recommendations to include additional cryptocurrencies later this year. 

Meyer expressed confidence in the strategy, suggesting that even a modest 3% allocation could enhance overall portfolio performance without exposing clients to significant risk.

BBVA’s interest in digital currencies is not a recent development; the bank has been exploring Bitcoin and blockchain technology since at least 2015. 

In a forward-looking statement, BBVA acknowledged that institutions embracing digital currencies would likely lead the way in a new monetary system, underscoring their belief in the strategic advantages afforded to early adopters.

https://www.tradingview.com/x/g5AHPExr/

When writing, the market’s leading crypto trades at $103,945, recording a drop of 4% in the weekly time frame. 

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

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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