Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the leading cryptocurrency. Bitcoin Unrealized Profits Remain High But No Panic Selling Yet According to a recent CryptoQuant Quicktake post by Bitcoin analyst Crazzyblockk, the cohort of new investors – those who have held BTC for less than one month – is currently sitting on unrealized profits of 6.9%. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? In the same vein, short-term investors – holders who have held Bitcoin for less than six months – are sitting on unrealized profits of 10.7%. These figures highlight that the unrealized profit/loss ratio remains elevated, with unrealized profits far outweighing unrealized losses. Crazzyblockk noted that while historically, a high percentage of unrealized profits across the network tends to precede sharp price corrections, the current setup appears different. They added: Past cycles have shown that extreme profit concentration tends to precede volatility; however, current market structure shows no outsized concentration of risk in one participant group. The relatively narrow spread in unrealized profits between new and short-term holders indicates that profit distribution is balanced. Furthermore, although profit levels are high, loss levels remain compressed, suggesting limited pressure from distressed sellers. The contributor remarked: While macro conditions and volatility risk remain elevated, and a price correction cannot be ruled out, there is no strong behavioral signal suggesting a high willingness to trigger major distribution or selling. Further Upside For BTC? Meanwhile, seasoned crypto analyst Ali Martinez recently predicted further upside for Bitcoin. In a post on X, Martinez noted that BTC has undergone another bullish breakout, with the potential to reach a new all-time high (ATH) around $111,500. The current momentum has also drawn in retail investors. According to CryptoQuant contributor Carmelo Aleman, wallets holding less than $10,000 worth of BTC are steadily returning to the market – a sign of growing retail participation. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says That said, some warning signs may still dampen BTC’s current bullish trajectory. For instance, despite the recent encouraging price action, Bitcoin’s Demand Momentum remains subdued. Similarly, Bitcoin’s “supply scarcity” narrative still lacks meaningful strength, as Aleman recently stressed that despite depleting exchange reserves, BTC is not likely to face genuine supply scarcity in the near term. At press time, BTC trades at $106,528, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
The stock market-listed Brazilian payments firm Méliuz has unveiled plans to spend around $26.5 million on Bitcoin (BTC) purchases. The Brazilian media outlet Livecoins reported that the company will raise funds to buy more Bitcoin as part of its newly established treasury strategy. Earlier this month, Méliuz became Brazil’s first stock market-listed BTC treasury company, s pending almost $28.5 million to buy BTC 274.52 . Méliuz (CASH3) share prices on the Brazilian B3 exchange over the past six months. (Source: Google Finance) Méliuz: Bitcoin Plans in Pipeline The company will continue to buy BTC in the weeks ahead. In a statement, the company declared its intention to raise no less than 150 million real ($26.5 million) on “new BTC acquisitions.” The firm said it had told its shareholders about its intentions and was now “evaluating” its fundraising options. Méliuz CEO Israel Salmen said the company would look to an “issuance of shares or convertible debt” in its search for funding. The firm added that it was working with the São Paulo-based investment banking firm BTG Pactual on its plan. BTG Pactual will act as a coordinator when Méliuz has the funds in place to complete its next BTC purchase. Marcio Loures Penna, Méliuz’s Director of Investor Relations and Corporate Governance, confirmed that the company may issue financial assets “representing debt securities.” These may either be convertible into shares or offered in a non-convertible form, he added. The company may alternatively choose to carry out a primary public offering for common shares, with possible subscription bonuses. Méliuz said that while its goal remains raising 150 million real, it may spend even more “if opportunities arise.” However, the firm warned that its plans remain provisional. It said that it would need to complete an evaluation process before it finalized its next BTC buy. @MeliuzBitcoin #CASH3 announced yesterday that it is evaluating a potential capital raise to expand its Bitcoin strategy, through the issuance of shares or convertible debt. BTG has been engaged to coordinate a potential public offering. — Israel Salmen (@IsraelSalmen) May 20, 2025 When Could Méliuz Make Its Next BTC Purchase? Méliuz also refused to put a timeline on its fundraising efforts or its eventual Bitcoin buy. Earlier this month, the fintech player uveiled details of its first Bitcoin buy, as well as news that its shareholders have “approved, by a wide majority, the transformation of Méliuz into the first listed Bitcoin treasury company in Brazil.” The company currently holds BTC 320.2. Penna added that Méliuz “will keep its shareholders and the market informed of any news” on its next BTC buy. He vowed that the firm would act “in line with best corporate governance practices and in accordance with applicable legislation and regulations.” Méliuz was founded in 2011. Its services include cashback and voucher offerings for online and brick-and-mortar retailers, in addition to the Méliuz credit card. The firm launched a successful $103 million initial public offering on the Brazilian B3 exchange in November 2020. The post Brazil’s Méliuz Announces Plans to Buy Another $26.5M Worth of Bitcoin appeared first on Cryptonews .
As the crypto industry evolves, Senator Kirsten Gillibrand’s leadership in advancing the GENIUS Act reflects a pivotal moment in stablecoin regulation. With heightened Senate support, the GENIUS Act is on
Key Takeaways: Democratic lawmakers and progressive groups are staging a rally in protest of a Trump-hosted dinner for top holders of his $TRUMP meme coin. Critics argue the event commodifies political access, allowing wealthy donors, some based overseas, to buy proximity to a U.S. president. The rally, branded “America Is Not for Sale,” will feature speeches from key Democratic figures and visual protests targeting crypto-related political fundraising. A coalition of Democratic lawmakers and activists is set to rally on May 22 in protest of President Donald Trump’s controversial meme coin dinner, raising concerns over political influence and crypto-fueled favoritism. The event, organized under the banner “America Is Not for Sale,” is a direct response to what critics say is the monetization of political access through Trump’s latest crypto initiative. Trump Slammed for ‘Selling Access’ via meme coin The event, held at Trump National Golf Club in Potomac Falls, Virginia, follows Trump’s announcement that the top 220 holders of his meme coin, $TRUMP, could apply for an exclusive dinner with him. The top 25 are said to qualify for a “VIP White House tour.” Blockchain data shows the token has raised nearly $150 million, with some attendees reportedly spending millions for the chance to meet Trump. Source: Public Citizen Opponents of the event, including members of Congress, say it crosses ethical lines. They claim the president is turning influence into a transaction. “Americans cannot and will not accept President Trump’s view that positions of power exist only to benefit the holder of that power,” said Ryan Ruzic, chair of the Loudoun County Democratic Committee. Public Citizen is organizing the rally with progressive group Our Revolution. Protesters are expected to display banners reading “STOP CRYPTO CORRUPTION” and enlarged graphics of the $TRUMP coin. Oregon Senator Jeff Merkley is scheduled to speak at the rally, alongside several other Democratic figures. According to Our Revolution, some of the coin’s largest holders are based overseas, sparking additional concerns about foreign influence. Crypto industry figures, including Tron founder Justin Sun , Hyperithm co-CEO Oh Sangrok, Kronos Research CIO Vincent Liu, and Synthetix founder Kain Warwick, are among the known tokenholders expected to attend the dinner. According to the project , all attendees must pass background checks and cannot be from countries flagged by Know Your Customer (KYC) compliance lists. Public Citizen Co-President Robert Weissman echoed those concerns. “Trump’s solicitation schemes for money, gifts, and power are out of control,” he said. “Between his outrageous meme coin grift, his Tesla car show on the White House lawn, and his consideration to accept a gifted jumbo jet from Qatar, Trump’s priority goes to the highest bidder.” Trump Family’s Crypto Links Raise Ethics Concerns, Stall Stablecoin Legislation The dinner has also had political consequences in Washington. For example, some Democratic lawmakers have withdrawn support for crypto-related bills in protest , including the GENIUS Act, a measure focused on regulating payment stablecoins. Though the act passed a key Senate vote on May 19 , several senators voiced concern over Trump’s ties to World Liberty Financial, a crypto platform that launched its own stablecoin, USD1, in March. Critics worry the Trump family’s involvement with the company could present serious conflicts of interest. “Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans,” said Sen. Mark Warner in a statement before the vote. Senator Chris Murphy, who opposed advancing the GENIUS Act , called for bipartisan efforts to add provisions that would bar a U.S. president from issuing stablecoins. The Senate has a chance – right now – to shut down Trump's biggest crypto coin corruption. The pending bill in the Senate regulates a kind of crypto called "stablecoin", but exempts the President from the ethics rules. We shouldn't pass that bill unless that loophole is closed. pic.twitter.com/eHLeCdBV9m — Chris Murphy (@ChrisMurphyCT) May 21, 2025 He also urged the White House to release a full list of dinner attendees, warning that many may be expecting favors in return for their token purchases. Murphy will join Senator Elizabeth Warren and representatives of Public Citizen at a press event on the evening of the dinner. California Representative Maxine Waters, ranking member of the House Financial Services Committee, is planning a separate press conference on May 22. She is expected to introduce legislation to block Trump’s meme coin and curb what she calls “crypto corruption.” Meanwhile, additional protests are being organized by local Democratic groups, including the Arlington and Loudoun County Democratic Committees. “We have a moral responsibility to speak out against corruption, whatever the result may be,” said Ryan Ruzic, chair of the Loudoun County Democrats. The post Lawmakers, Activists Rally to Protest Trump’s Meme Coin Event – Is Crypto Becoming a Political Flashpoint? appeared first on Cryptonews .
The post New York Jury Convicts Ex-Safemoon (SFM) Executive on All Charges appeared first on Coinpedia Fintech News The ex-Safemoon executives were charged with defrauding investors through unscrupulous smart contracts. SFM price dropped over 5 percent today despite the wider altcoin market following Bitcoin in bullish sentiment. A New York jury convicted Braden John Karony, a former CEO of the SafeMoon (SFM) crypto project, on all crucial charges earlier on Wednesday, May 21. Karony was charged by the United States Department of Justice (DOJ) with conspiracy to commit securities fraud, wire fraud, and money laundering. The verdict was a result of a two-week trial that concluded that the ex-Safemoon executives defrauded SFM investors by draining purportedly locked liquidity for their personal gains. The case prosecutor alleged that Karony alongside Thomas Smith, a former Safemoon CTO, and Kyle Nagy, the project’s creator, misappropriated millions of investors’ funds between 2021 and 2022. While Smith has already pleaded guilty to all charges and testified against Karony, Nagy remains a fugitive, allegedly in Russia. Meanwhile, Karony will remain in police custody ahead of his sentencing, with his properties worth over $1.8 million seized. Market Impact on the Safemoon Project The Safemoon project has struggled to regain market share in the recent past following the indictment of the ex-officials. The project dropped in net valuation from nearly $1 billion to about $7.5 million at the time of this writing, according to our latest crypto oracle. Following the announcement on Wednesday, SFM price dropped over 4 percent in the past 24 hours to trade about $0.00002 during the late North American trading session. The Safemoon project has recorded sustained bearish sentiment in the recent past despite the wider altcoin market attempting to follow Bitcoin price in bullish sentiment. Furthermore, BTC price rallied over 4 percent in the past 24 hours to trade at about $109k, while the BNB and Dogecoin led in the wider altcoin recovery.
Bitcoin’s recent surge raises intriguing questions about the overall health of the cryptocurrency market, especially as altcoins struggle to keep pace. While Bitcoin [BTC] captures headlines with its price gains,
Orange Surf, in charge of research and strategy at Mempool Research, has determined that over half of all bitcoin transactions made during the last 12 months included some data-related component. 51% of all the transactions involved Runes and BRC20 tokens, which are considered “spam” by some. Spam-Filled Bitcoin: Over Half of All Transactions Included Runes
U.S. citizens and companies dominate global Bitcoin ownership with significant shares. Continue Reading: Americans Lead in Global Bitcoin Ownership Domination The post Americans Lead in Global Bitcoin Ownership Domination appeared first on COINTURK NEWS .
In the world of crypto presales, timing can make or break your returns. Many new projects release tokens without structure, leaving traders guessing on price. BlockDAG is breaking that pattern with a clear and limited presale model that combines transparency with massive upside. With demand rising and access capped by design, it’s no wonder BlockDAG is being called the top presale crypto by early adopters. So far, the project has raised more than $260 million and sold 20.9 billion coins. With the presale price frozen at $0.0020 until June 13, early backers have a rare chance to secure BDAG at a fraction of its actual value of %0.0262. Batches That Create Urgency & Build Trust BlockDAG isn’t running a typical open-ended coin sale. Its batch-based strategy puts structure into the process and rewards those who act fast. Each presale round is set at a fixed price and increases gradually, unlike dynamic pricing models that create confusion and volatility. This system helps build buyer confidence while also encouraging quick decisions. Currently in batch 28, with that tier priced at $0.0262, BlockDAG still offers a special $0.0020 entry until June 13. This mix of price clarity and urgency is one reason BlockDAG continues gaining ground as the top presale crypto for smart buyers looking for strong upside ahead of exchange listings. Keeping It Fair: Access Without Flooding the Market Many presale cryptos open the gates too wide, causing token oversupply before anything launches. BlockDAG flips that idea. Its model is open to both small and large buyers, but the limited supply in each batch keeps prices under control and demand high. That’s why the sale of 20.9 billion coins hasn’t caused price fatigue. This method of balancing availability and scarcity makes sure everyone has a shot without allowing whales to dominate the supply. That structure is a major reason why BlockDAG has become one of 2025’s most talked-about top presale crypto picks. With real momentum and triple-digit gains before launch, buyers are taking notice of the system behind the growth. 2,520% ROI and a Temporary Price You Can Still Catch In crypto, talk is cheap. What matters most are returns. And BlockDAG is already delivering those, fast. Its batch 1 price has grown over 25x, and thanks to the special $0.0020 offer, new buyers can still lock in that same early advantage until June 13. This isn’t speculation, it’s a live ROI figure backed by real presale traction. The project has already brought in $260 million during its presale alone. Buyers are tracking gains, not guessing. And with the “Go Live reveal” scheduled for June 13, BlockDAG will be announcing listings on 20 major exchanges, including MEXC, LBank, and BitMart. For anyone still waiting, this setup defines what a top presale crypto looks like: real performance, clear targets, and a small window before prices surge again. Key Highlights BlockDAG isn’t just running a presale, it’s rewriting how crypto launches should be done. By sticking to fixed pricing, controlled releases, and time-limited access, the team is creating stability in a space known for chaos. And with the special $0.0020 offer available only until June 13, late-stage buyers still have a rare chance to catch up. So far, the numbers are staggering: $260 million raised, 20.9 billion coins distributed, and a 2,520% ROI already realized by batch 1 holders. But more than the numbers, it’s the method that’s winning buyers over. For those building a high-return portfolio in 2025, BlockDAG is proving to be far more than hype. It’s the top presale crypto that’s backing its claims with real results. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Why BlockDAG’s $0.0020 Price and 2,520% ROI Make It the Top Presale Crypto to Grab Before June 13 appeared first on TheCoinrise.com .
May 2025 is seeing a decisive shift in capital as whales and smart money accumulate select tokens. Bitcoin, XRP, and MAGACOIN FINANCE are leading this trend, with on-chain data and analyst commentary confirming high-conviction buying. HBAR and Ethereum remain relevant, but the most notable accumulation is now concentrated in projects with clear upside and imminent catalysts. Bitcoin: Whales Quietly Accumulate Bitcoin (BTC) is trading at $103,405, with whale addresses accumulating over 83,000 BTC between mid-April and mid-May 2025. Institutional confidence is rising as retail investors take profits, and forecasts for May call for an average BTC price of $119,798, with potential highs of $136,239 by month’s end. As Bitcoin’s momentum steadies above $100,000, early-stage projects like MAGACOIN FINANCE are drawing increased attention from growth-focused investors looking for the next major wave of upside. CLICK HERE – ONLY 0.007 AWAY FROM LIFTOFF MAGACOIN FINANCE: Whale Activity and Early-Stage Momentum MAGACOIN FINANCE has seen a surge in whale accumulation as its presale advances, with over $8 million raised and the price still under $0.001. The project’s scarcity-driven model—a capped 100 billion token supply, 45% allocated to presale, and Hashex-audited contracts—has made it one of the most dominant presales of 2025. Analysts forecast 25x–35x returns, with some models pointing to even higher upside if current momentum continues. Whale allocations and rapid presale sellouts highlight strong conviction, positioning MAGACOIN FINANCE as a top altcoin breakout for Q2 and Q3 2025. XRP: Whale Accumulation and Bullish Reversal XRP is trading around $2.07, with whales accumulating over 880 million tokens in May alone. This surge in whale activity comes as XRP breaks out from a multi-month falling wedge, with analysts targeting $2.50–$2.80 as the next resistance levels. As institutional adoption grows and futures products launch, MAGACOIN FINANCE’s pre-listing momentum is also capturing the interest of XRP investors seeking early-stage upside. HBAR: Technical Uptrend and Accumulation Hedera (HBAR) is trading between $0.19 and $0.21, showing a bullish structure after completing a five-wave impulse from April lows. Analysts highlight a support zone between $0.139 and $0.170, with targets set at $0.213 to $0.229 in the short term. As HBAR maintains its uptrend, some holders are diversifying into MAGACOIN FINANCE, seeking faster upside before listings. CLICK HERE – FINAL CHANCE BEFORE PRICE JUMPS 35x Conclusion Whale accumulation is setting the tone for May, with Bitcoin, XRP, and MAGACOIN FINANCE leading the charge. With a clear listing roadmap, robust demand, and Stage 8 nearly complete, MAGACOIN FINANCE stands out as the most compelling early-stage opportunity of the month. The window for entry is closing—and those watching closely know this could be the cycle’s defining moment. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: 2025’s Power Trio? Bitcoin, XRP, and MAGACOIN FINANCE Are Leading the New Cycle’s Charge