R3 will leverage Solana’s infrastructure to give financial institutions access to their own private blockchains. Solana’s (SOL) new partnership will enable financial institutions to build on its scalable blockchain infrastructure. On Thursday, May 22, R3 has partnered with the Solana Foundation to use the Solana network for its private blockchains. R3 will deploy its permissioned consensus module directly on Solana. This module will act as a bridge between Corda, R3’s private ledger designed for institutions, and Solana’s public blockchain. In this model, Solana will validate transactions and serve as the consensus layer for R3’s private networks. The partnership aims to deliver “the first enterprise-grade, permissioned consensus service offered to the public directly on a Layer 1 network,” according to R3’s press release. The goal is to bring traditional finance and decentralized finance into closer alignment. Despite the collaboration, Corda’s networks will remain private and permissioned. Transactions will only be visible to the involved parties. The network will publish just enough information to validate transactions, without making them publicly accessible. You might also like: Solana price rises 3% as bulls eye new momentum R3 brings $10 billion in RWAs to Solana The partnership will also bring 10 billion dollars in regulated real-world assets from R3’s platform to Solana. These include bonds, securities, and other assets issued by financial institutions on Corda. According to Lily Liu, president of the Solana Foundation, the integration marks a major step toward institutional adoption of public blockchain infrastructure. You might also like: Tokenization beyond finance: Real-world assets will be crypto’s next engine | Opinion “R3’s decision to bring its regulated financial network onto Solana is powerful validation that public blockchains have reached institutional readiness. With Solana’s unmatched performance, enterprise-grade permissioning, and growing roster of regulated assets, we’re not just witnessing convergence between TradFi and DeFi – we’re enabling it,” Lily Liu, Solana Foundation Private blockchains continue to serve a key use case for enterprises and financial institutions. They provide an immutable ledger for storing critical data, including transactions, accounts, and supply chain records. Unlike public blockchains, however, only approved participants can access or interact with the data. Read more: Escaping the extraction economy: Ownership and RWAs win | Opinion
COINOTAG News, May 22 – In a significant development for the cryptocurrency landscape, H100 Group has officially acquired 4.39 bitcoins, marking its status as the first publicly listed company in
Singapore, Singapore, May 22nd, 2025, Chainwire mETH becomes the first liquid staking token to be held on the balance sheet of a publicly listed company. Mantle , the largest sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), today announced a strategic partnership with Republic Technologies , the Ethereum (“ETH”) treasury of publicly listed Canadian company Beyond Medical Technologies Inc. (CSE: DOCT) (IBKR: DOCT) (FSE: 7FM). This partnership marks a major milestone in institutional cryptocurrency adoption, positioning Mantle’s mETH as the first liquid staking token to be held on the balance sheet of a publicly listed company. Through the partnership, Republic Technologies plans to delegate a significant portion of its ETH holdings to Mantle’s mETH Protocol and will hold mETH as a yield-bearing, liquid staking token on its balance sheet. The collaboration underscores a structural shift in institutional digital asset strategy and growing investor conviction in Ethereum-native yield infrastructure, reflecting Republic Technologies’ deepening alignment with the Mantle ecosystem. Republic Technologies: The First Publicly Listed Ethereum Treasury Republic Technologies is establishing a new institutional paradigm by building a treasury strategy around Ethereum, seen as the foundational layer for smart contracts, tokenization, and decentralized financial settlement. In contrast to Bitcoin-focused strategies employed by firms like Strategy and Metaplanet, whose reserves are largely Bitcoin-based, Republic Technologies’ approach is anchored in Ethereum’s role as the infrastructure layer powering both blockchain innovation and real-world enterprise integration. By accumulating ETH as a core balance sheet asset, Republic Technologies advances the growth of its underlying healthcare technology businesses while offering institutional-grade exposure to digital assets for all shareholders. This strategy attracts growing interest from traditional markets and accelerates institutional participation in the emerging technology sector. “We hold strong conviction that Ethereum is the institutional chain, with ETH serving as the digital fuel powering global financial systems,” said Daniel Liu , CEO of Republic Technologies. “Our initial entry through Mantle’s Scout Program helped us gain early exposure to the broader Mantle ecosystem, where our alignment with mETH Protocol came as a natural next step. More than 50 established incumbents —including BlackRock, Franklin Templeton, PayPal, and Visa—have already built services on Ethereum. Wall Street has made its decision. Our role now is to extend the benefits of this macro tailwind to a broader base of institutional and retail participants worldwide.” Its leadership team brings decades of experience from top-tier financial institutions, including Apollo Global Management, Goldman Sachs, BlackRock, and Canaccord Genuity. Republic Technologies operates under the publicly listed company Beyond Medical Technologies Inc. , a technology firm integrating blockchain infrastructure to drive operational efficiency and improve patient outcomes across the medical ecosystem. In March 2025, Republic Technologies entered into a licensing agreement and launched its medical attestation platform, leveraging Ethereum-based distributed systems to power healthcare data integrity and regulatory compliance. The Ethereum treasury was established to support and scale this vision, marking a first-of-its-kind integration. Institutional Alignment with Mantle’s Yield Infrastructure Mantle’s mETH Protocol has quickly emerged as one of the leading platforms in Ethereum liquid staking and restaking. Within just 66 days of launch, it surpassed $1 billion in TVL —the fastest growth in its category—and has since peaked at over $2.19 billion. Designed with institutional-grade capital efficiency and composability in mind, mETH enables institutions to access Ethereum-native yield through a fully composable and capital-efficient framework. To date, over 170,000 mETH (approximately $455 million) has been restaked into EigenDA, securing Mantle’s modular data availability layer. Validator operations are distributed across leading infrastructure providers, including Stakefish, P2P.org, Blockdaemon, A41, and Veda, ensuring high availability and robust institutional reliability. “Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum,” said Jonathan Low, Growth Lead at mETH Protocol. “As demand accelerates for ETH-native yield and utility, we remain focused on building resilient infrastructure that long-term allocators can trust.” Looking Ahead: MI4 and Mantle Banking The partnership precedes mETH’s inclusion in MI4, a tokenized, yield-focused index fund developed in collaboration with Securitize—the tokenization firm behind BlackRock’s BUIDL and Apollo’s ACRED. Backed by up to $400 million anchor investment from the Mantle Treasury, MI4 targets $1 billion in AUM and will offer regulated exposure to BTC, ETH, SOL, stablecoins, and select staking assets, with mETH playing a central role in its ETH allocation strategy. In parallel, Mantle is preparing to extend mETH’s utility across traditional finance through Mantle Banking, an initiative that will integrate mETH into fiat rails, credit products, and conventional payment systems. This integration will allow users to spend, borrow, and invest with mETH across traditional payment rails, unlocking real-world utility for digital assets. About Mantle Ecosystem A pioneering on-chain ecosystem dedicated to revolutionizing the future of finance and blockchain scalability, seamlessly bridging traditional finance (TradFi) and decentralized finance (DeFi). Through innovative products like Mantle Network , mETH Protocol, Function (FBTC), and Mantle Index Four (MI4), Mantle’s ecosystem empowers users and institutions with a unified financial services platform, redefining how the world spends, saves, and invests in the Web 3.0 era. For more information, users can visit: https://group.mantle.xyz/ ContactConsultantFaizah FaizuwanWachsmanwindrangerlabs@wachsman.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Bitcoin’s Market Cap Milestone Bitcoin (BTC) is now the world's fifth-largest asset, with its market capitalization hitting $2.16 trillion as of May 21, 2025. The milestone comes as Bitcoin's price rose to a new all-time high of $109,400, fueled by institutional adoption and macroeconomic optimism. In comparison, the market capitalization of Amazon is $2.15 trillion, which reflects a year-to-date drop of ~8% for the technology giant. Top spots now position Bitcoin just behind gold ($22T), Microsoft ($3.3T), Apple ($3.1T), and Nvidia ($2.5T). This rise highlights Bitcoin's shift from a specialist digital commodity to store-of-value standard, with supporters pointing to its decentralization and finite supply (only 21 million BTC will be produced). The journey here has been nothing short of phenomenal. Bitcoin, which was dismissed as a speculative experiment, is now keeping company with the likes of Microsoft, Apple, Nvidia, and gold. Its market cap, which is determined by multiplying its price at any time by the number of coins in circulation, recently crossed the two-trillion-dollar mark. Amazon, on the other hand, has had its own valuation drop slightly this year, which has enabled Bitcoin to move up the rankings. This rush is a demonstration of the continued development of Bitcoin both as a store of value and as an investable asset class. Bitcoin and Big Tech: A New Asset Class The most interesting aspect of this comparison, however, is how Bitcoin's market capitalization stacks up against traditional equities. Unlike Amazon or Microsoft shares, where a significant portion of the shares can be held by insiders or locked up, nearly all Bitcoin is tradable. That makes its market cap a more liquid and transparent valuation Conversely, tech behemoths have a lower ”free-float” market capitalization, as not all the shares are up for public grabs at any one time. The discrepancy is a testament to Bitcoin's odd status in the financial universe: it's a borderless, worldwide asset with no boardroom and no central authority, yet now it's competing with the most powerful companies on the planet. On everyone's lips is whether the valuation of Bitcoin is justified, and whether it can go higher still. To this end, Metcalfe's Law has some interesting insights. The law, originally applied to telecommunications networks, says that the value of a network grows exponentially as it adds more users. For Bitcoin, the active addresses and users have gone up steadily over the years, and its price has always followed suit. If the number of users is doubled, the theoretical value of the network would be four times higher according to this law. The last several years have seen Bitcoin's user count and market capitalization both increase together, giving some validity to the idea that its increase is not merely speculative but being driven by increasing utility and adoption. Naturally, Metcalfe's Law is not a crystal ball. Bitcoin's value is notoriously volatile, and short-term price moves tend to outstrip shifts in user base. Exogenous shocks — regulatory announcements, macroeconomic trends, or even breakthrough technical advances—can all move the price in ways network theory cannot anticipate. But the underlying trend is unmistakable: the more people and institutions that come into Bitcoin, the greater its network effect, which could well set the stage for future appreciation. Mining Profitability at All-Time Highs This fresh all-time high has also reshaped the environment for Bitcoin miners, the individuals and organizations that secure the network and confirm transactions. It has turned mining into enormously lucrative business at these price points for anyone with access to effective hardware and cheap electricity. The payoff for mining a new block has never been greater in dollar terms, even as competition has increased and the worldwide hash rate has hit record highs. Big mining ventures, particularly those based on renewable energy, are now experiencing reasonable margins, but smaller players might find it difficult to keep pace with escalating costs and technological requirements. Most interestingly, some mining companies are starting to diversify their business models, expanding into ancillary fields such as hosting artificial intelligence data. By taking advantage of existing infrastructure, such companies aim to acquire new sources of revenue and protect against potential future price volatility or mining difficulty for Bitcoin. This is reflective of a larger trend: as Bitcoin matures, the ecosystem that underpins it becomes more sophisticated and robust. Image suggestion: An infographic displaying the most significant factors in determining Bitcoin mining profitability, such as block rewards, hash rate, electricity cost, and equipment efficiency. Bitcoin as One of the World's Leading Assets The ramifications of Bitcoin's emergence are extensive. Bitcoin is no longer merely a speculative instrument or a cyber fad but has now captured the interest of institutional investors, governments, and ordinary savers. Its finite supply and decentralized ownership distinguish it from fiat currencies and corporate equities, with the conjunction of scarcity and accessibility. Whether it will eventually live up to its potential as ”digital gold” or mature into something else remains to be witnessed, but what it is currently doing is undeniable. As Bitcoin's market capitalization surpasses Amazon's, the world is watching economic influence get rewritten. The ascendance of the cryptocurrency isn't a tale of price graphs or headlines, but an indicator of more profound shifts in how humans consider tech, trust, and value. Though controversies and challenges undoubtedly remain, Bitcoin's status as one of the globe's leading assets is now firmly established. The only question now for watchers and investors is no longer if Bitcoin has earned its place at the table, but how far it may have to continue from here.
May 22nd, 2025 – Singapore, Singapore mETH becomes the first liquid staking token to be held on the balance sheet of a publicly listed company. Mantle , the largest sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), today announced a strategic partnership with Republic Technologies , the Ethereum (“ETH”) treasury of publicly listed Canadian company Beyond Medical Technologies Inc. (CSE: DOCT) (IBKR: DOCT) (FSE: 7FM). This partnership marks a major milestone in institutional cryptocurrency adoption, positioning Mantle’s mETH as the first liquid staking token to be held on the balance sheet of a publicly listed company. Through the partnership, Republic Technologies plans to delegate a significant portion of its ETH holdings to Mantle’s mETH Protocol and will hold mETH as a yield-bearing, liquid staking token on its balance sheet. The collaboration underscores a structural shift in institutional digital asset strategy and growing investor conviction in Ethereum-native yield infrastructure, reflecting Republic Technologies’ deepening alignment with the Mantle ecosystem. Republic Technologies: The First Publicly Listed Ethereum Treasury Republic Technologies is establishing a new institutional paradigm by building a treasury strategy around Ethereum, seen as the foundational layer for smart contracts, tokenization, and decentralized financial settlement. In contrast to Bitcoin-focused strategies employed by firms like Strategy and Metaplanet, whose reserves are largely Bitcoin-based, Republic Technologies’ approach is anchored in Ethereum’s role as the infrastructure layer powering both blockchain innovation and real-world enterprise integration. By accumulating ETH as a core balance sheet asset, Republic Technologies advances the growth of its underlying healthcare technology businesses while offering institutional-grade exposure to digital assets for all shareholders. This strategy attracts growing interest from traditional markets and accelerates institutional participation in the emerging technology sector. “We hold strong conviction that Ethereum is the institutional chain, with ETH serving as the digital fuel powering global financial systems,” said Daniel Liu , CEO of Republic Technologies . “Our initial entry through Mantle’s Scout Program helped us gain early exposure to the broader Mantle ecosystem, where our alignment with mETH Protocol came as a natural next step. More than 50 established incumbents —including BlackRock, Franklin Templeton, PayPal, and Visa—have already built services on Ethereum. Wall Street has made its decision. Our role now is to extend the benefits of this macro tailwind to a broader base of institutional and retail participants worldwide.” Its leadership team brings decades of experience from top-tier financial institutions, including Apollo Global Management, Goldman Sachs, BlackRock, and Canaccord Genuity. Republic Technologies operates under the publicly listed company Beyond Medical Technologies Inc. , a technology firm integrating blockchain infrastructure to drive operational efficiency and improve patient outcomes across the medical ecosystem. In March 2025, Republic Technologies entered into a licensing agreement and launched its medical attestation platform, leveraging Ethereum-based distributed systems to power healthcare data integrity and regulatory compliance. The Ethereum treasury was established to support and scale this vision, marking a first-of-its-kind integration. Institutional Alignment with Mantle’s Yield Infrastructure Mantle’s mETH Protocol has quickly emerged as one of the leading platforms in Ethereum liquid staking and restaking. Within just 66 days of launch, it surpassed $1 billion in TVL —the fastest growth in its category—and has since peaked at over $2.19 billion. Designed with institutional-grade capital efficiency and composability in mind, mETH enables institutions to access Ethereum-native yield through a fully composable and capital-efficient framework. To date, over 170,000 mETH (approximately $455 million) has been restaked into EigenDA, securing Mantle’s modular data availability layer. Validator operations are distributed across leading infrastructure providers, including Stakefish, P2P.org, Blockdaemon, A41, and Veda, ensuring high availability and robust institutional reliability. “Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum,” said Jonathan Low, Growth Lead at mETH Protocol . “As demand accelerates for ETH-native yield and utility, we remain focused on building resilient infrastructure that long-term allocators can trust.” Looking Ahead: MI4 and Mantle Banking The partnership precedes mETH’s inclusion in MI4 , a tokenized, yield-focused index fund developed in collaboration with Securitize—the tokenization firm behind BlackRock’s BUIDL and Apollo’s ACRED. Backed by up to $400 million anchor investment from the Mantle Treasury, MI4 targets $1 billion in AUM and will offer regulated exposure to BTC, ETH, SOL, stablecoins, and select staking assets, with mETH playing a central role in its ETH allocation strategy. In parallel, Mantle is preparing to extend mETH’s utility across traditional finance through Mantle Banking , an initiative that will integrate mETH into fiat rails, credit products, and conventional payment systems. This integration will allow users to spend, borrow, and invest with mETH across traditional payment rails, unlocking real-world utility for digital assets. About Mantle Ecosystem A pioneering on-chain ecosystem dedicated to revolutionizing the future of finance and blockchain scalability, seamlessly bridging traditional finance (TradFi) and decentralized finance (DeFi). Through innovative products like Mantle Network , mETH Protocol, Function (FBTC), and Mantle Index Four (MI4), Mantle’s ecosystem empowers users and institutions with a unified financial services platform, redefining how the world spends, saves, and invests in the Web 3.0 era. For more information, users can visit: https://group.mantle.xyz/ Contact Consultant Faizah Faizuwan Wachsman windrangerlabs@wachsman.com This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Mantle and Republic Technologies Forge Strategic Partnership to Pioneer Institutional mETH Integration appeared first on The Daily Hodl .
Today in crypto, Sui-based decentralized exchange (DEX) Cetus is suspected to have been exploited, with onchain data showing rapid asset drainage despite the team claiming the incident is a “bug.” Bitcoin has topped $110,000 for the first time and continues to climb, and the Texas House passed a Bitcoin reserve bill. Sui DEX Cetus hit by suspected hack: Over $200 million in potential losses Cetus, a decentralized exchange (DEX) built on the Sui blockchain, is suspected to have been hit by a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” They also shared a screenshot of Cetus market data on DEX Screener , showing many assets losing well over half of their value over the last 24 hours. The team behind Extractor, an onchain monitoring tool developed by crypto cybersecurity company Hacken, confirmed that “at least $63m was already bridged to Ethereum, 20k ETH was just transferred to a fresh wallet” in a single transaction . A Hacken representative told Cointelegraph that these findings were confirmed by the company’s Web3 researcher, Yehor Rudytsia. Cetus pool data shows that as of the time of writing, the DEX processed $2.9 billion worth of transactions on May 22, a significant increase over the $320 million reported on May 21. This heightened level of activity may have been caused by funds being siphoned out of the protocol. Cetus did not immediately respond to Cointelegraph’s request for comments about the suspected exploit. A Sui team representative gave no comment to Cointelegraph regarding the Cetus situation. Some tokens, such as Lombard Staked BTC (LBTC) or AXOLcoin (AXOL) lost most of their value on Cetus. The top 15 losers all lost in excess of three-quarters of their price. Cetus DEX-listed asset pricing data. Source: DEX Screener Bitcoin climbs above $110,000 for the first time Bitcoin ( BTC ) rallied above $110,000 for the first time late on May 21 after it gained over 3% in the past day and continued its rally early into May 22 to a high of nearly $112,000 as of 4 am UTC. The cryptocurrency had well passed a a peak high of $109,458 that it hit earlier in the day, which was the first time it traded above its long-held Jan. 20 peak. Bitcoin has gained around 20% this year and has nearly doubled since its slump to $75,000 on April 7, triggered by US President Donald Trump enacting sweeping tariffs that tanked global markets. Bitcoin’s weekly chart shows it has climbed out of a slump earlier this year. Source: TradingView Bitcoin’s continued climb comes as US stock markets were rattled by a weak 20-year bond auction, which sent treasury yields soaring on May 21. The S&P 500 fell 80 points in half an hour while the Nasdaq and Dow Jones mirrored the move, with all US indexes trading down on the day. Caroline Bowler, CEO of the Australian crypto exchange BTC Markets, said in a note to Cointelegraph that Bitcoin’s continued highs were “driven by institutional-grade infrastructure and stronger regulatory clarity.” Texas House passes strategic Bitcoin reserve bill The Texas House of Representatives has passed the third reading of SB 21 , a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed in a 101-42 vote and will now go to Texas Governor Greg Abbott to either sign into law or veto. SB 21, authored by state Senator Charles Schwertner, establishes a Bitcoin (BTC) reserve that is managed by the state’s comptroller. The legislation allows the comptroller to invest in any cryptocurrency with a market cap above $500 billion over the previous 12-month period. Currently, the only cryptocurrency fitting the requirement is Bitcoin. Before the vote, state Representative Giovanni Capriglione said to the chamber that the bill was a “pivotal moment in securing Texas’s leadership in the digital age with the passage of our strategic Bitcoin reserve. Now, we embrace a modern asset with traditional properties for future promise.” The bill passed in the Texas Senate in a 25-5 vote on March 6. Texas State Representative Giovanni Capriglione presenting SB 21. Source: Bitcoin Laws Texas’s economy is the second-largest in the United States, with a gross domestic product of $2.7 trillion in 2024, according to KVUE. If Texas were its own country, it would have the eighth-largest economy in the world. If Abbott signs SB 21 into law, Texas will be the second US state to allow for the creation of a cryptocurrency reserve. New Hampshire became the first to do so on May 6 after Governor Kelly Ayotte signed House Bill 302 into law .
After reaching a new all-time high, expectations for Bitcoin have risen even higher. Polymarket Investors: Bitcoin Could Hit $115,000 in 9 Days Traders on predictive crypto marketplace Polymarket are assessing a 64% chance that the leading cryptocurrency will reach $115,000 in the next nine days, a striking increase from last week’s 14%. Bitcoin surged past its previous high of $108,000 on Wednesday, surpassing the $110,000 level, sparking renewed investor interest. BTC has rebounded by nearly 50% in the past two months and is on a strong rally since its low of $74,500 in early April. “Bitcoin reaching these levels is the result of a strategic accumulation against the expectation of market stress,” said crypto analyst Noelle Acheson. ETF Demand and Institutional Flows Take Precedence eToro Australia analyst Reece Hobson attributes this week’s rally to increased global liquidity and a surge in capital into spot Bitcoin ETFs, with nearly $3 billion in institutional inflows in May alone pushing Bitcoin’s price higher. Bitcoin is seen as both a risky investment vehicle similar to technology stocks and a safe haven like gold, creating a unique “dual narrative” for investors. It is stated that this approach creates a “floor” for the price to fall. Over the past two months, large Bitcoin investors have played a key role in the price increase, providing an inflow of approximately $122 billion worth of BTC to the market. This accumulation trend is interpreted as preparation for increasing economic uncertainties. “What is happening right now could be a wave of accumulation by both short-term risk-averse investors and long-term safe haven seekers,” Acheson said, summing up the dynamics in the market this way. Year-end Estimates Go Up to $150,000 Ari10 CEO Mateusz Kara said that Bitcoin could see $150,000 this year, and that factors such as the US Federal Reserve cutting interest rates and decreasing political uncertainties would be effective in this scenario. Geoff Kendrick, an analyst at Standard Chartered, predicts that Bitcoin could reach $120,000 by the end of the quarter. According to Hobson, if market volume remains strong, BTC could climb to $155,000. But There Are Warnings Too CEX.IO analyst Illia Otychenko drew attention to the 36% decrease in volume in the derivatives markets and the 29% decrease in the spot market in the last month, and emphasized that caution should be exercised regarding the permanence of this increase. “The market is stuck between upward momentum on the one hand and structural weaknesses on the other,” Otychenko said, noting that the coming weeks could be marked by sudden and sharp movements. *This is not investment advice. Continue Reading: Polymarket Investors Think Bitcoin Will Reach These Levels Within 9 Days! Here Are the Details
Tokenization is essential for the global growth of cryptocurrency markets. Kraken is launching a tokenized market for major U.S. Continue Reading: Crypto Giants Build Strong Bridges with Traditional Finance The post Crypto Giants Build Strong Bridges with Traditional Finance appeared first on COINTURK NEWS .
The Bitcoin price is flying high at the moment, having rallied to a new all-time high (ATH) of $111,800 on May 22. Now, crypto analyst Tony Severino has predicted that this rally is likely to sustain, with BTC reaching $120,000 at some point. Bitcoin Price To Reach $120,000 Following This Range Breakout In an X post, Tony Severino predicted that the Bitcoin price could reach between $116,000 and $120,000 following the breakout from the $106,000 range. This prediction came just before BTC surged past its previous ATH of $109,100 on May 21. The analyst asserted that the flagship crypto could witness a “long, white candlestick” leading to the rally to this range. Related Reading: Bitcoin At $118,000 Before June? Trader Reveals When As Weekly MACD Turns Bullish He had also warned that failure to break above the $106,000 range could lead to a retracement as lower timeframe momentum begins to wane. In another post, Severino explained why the range breakout was significant, noting that these breakouts in the Bitcoin price tend to offer a sustainable short-term trend to ride higher. He added that a valid range breakout should be supported by the RSI above 70 on the 3-day timeframe. The Bitcoin price currently boasts an ultra-bullish outlook, having rallied above the $110,000 mark and reached a new ATH of $111,800. Commenting on the surge to a new ATH, Severino admitted he was wrong about the bear thesis, stating that the macro fundamentals led over the technicals on this rally. The crypto analyst is confident that the Bitcoin price can go way higher. In his latest analysis, he revealed that BTC’s quarterly just triggered a perfected TD9 Sell Setup. He added that the only other time this happened was in Q4 2017, which was the most bullish quarter in crypto history. Bitcoin eventually rose by over 350% above the candlestick open. If history were to repeat itself, Severino predicts that the move will be “fast, violent, and over” sooner than anyone can imagine. He noted that up appears to be the chosen direction, which is a positive for the Bitcoin price. A Golden Cross Is Incoming For BTC In an X post, crypto analyst Titan of Crypto stated that a golden cross is incoming for the Bitcoin price. He remarked that BTC is repeating the same pattern, with a Death Cross happening before the Golden Cross. The analyst added that the last time this happened, it triggered a major rally. Related Reading: Bitcoin Macro Trend Oscillator Shows When To Expect The Price Top In another post, Titan of Crypto predicted that the Bitcoin price could rally to as high as $135,000. He affirmed that the target is still play, with BTC likely to reach this price level this year. Meanwhile, veteran analyst Peter Brandt suggested that Bitcoin could rally to between $125,000 and $150,000 by August. At the time of writing, the Bitcoin price is trading at around $111,300, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Kaspa (KAS) has been gaining strides in recent price movements. Many analysts suggest Kaspa (KAS) could be gearing up for a parabolic move of the decade, generating investor excitement in the crypto market . While Kaspa (KAS) might be preparing for a breakout, FloppyPepe (FPPE) is quietly staging one of the most exciting early-stage rallies of the year with a bold 11,500% projection. Kaspa (KAS) On The Verge Of An Unprecedented Bull Run A crypto analyst has highlighted bullish patterns on Kaspa’s (KAS) monthly chart that could set the stage for a powerful rally. The analyst shared that a prior Kaspa (KAS) forecast highlighting a double bottom and inverted head-and-shoulders formation has already played out with precision. A fresh potential cup-and-handle pattern has emerged, suggesting Kaspa (KAS) is set for a price surge. With market eyes turning toward Kaspa’s (KAS) next move, this chart setup may be the signal long-term holders have been waiting for. Strategic Investors Bet Big on FloppyPepe (FPPE) Potential 11,500% Returns In recent market projections, experts have highlighted key factors that would drive this new AI meme token, FloppyPepe (FPPE) , by 11,500% this month. Numerous investors are seizing the opportunity to secure generational wealth through the ongoing presale, which is set to enter its next stage. It has accumulated nearly $2 million quickly, with projections to reach $10 million as each presale round passes. Currently priced at $0.0000002 , this altcoin presents a significant opportunity for early investors to benefit from its potential growth. What Makes FloppyPepe (FPPE) Truly One of a Kind Even with the benefits offered by other meme coins, FloppyPepe (FPPE) is poised to outshine its competitors. An important factor is Floppynomics, a detailed tokenomics plan that enables a 1% redistribution to holders, a 1% token burn to decrease supply, and a 1% allocation for charitable causes, thus fostering social impact while rewarding committed investors. With a deflationary model that incinerates 1% of tokens annually, this meme coin is designed for long-term value growth, making it a fantastic choice for investors looking for more than short-term gains. FloppyPepe (FPPE): The AI-Powered Meme Icon Dominating Social Feeds Using social media platforms like Instagram, Telegram, or X is hard without encountering FloppyPepe’s (FPPE) humorous memes. For example, FloppyAI , FloppyX, and Meme-o-Matic are now part of the token’s ecosystem. Users can quickly enter text and receive personalized animations in seconds, making meme creation fast, fun, and easy for everyone. These AI tools are currently active, allowing users to easily generate viral memes through their decentralized AI technology, which SolidProof has verified . The machine guarantees that all memes are watermark-free and provides new aspect ratios perfect for wallpapers, banners, and more. Users Win Big As FloppyPepe (FPPE) Rolls Out Reward Opportunities Furthermore, FloppyPepe (FPPE) sets a new standard by offering staking options that allow presale token holders to earn additional tokens, boosting their cryptocurrency portfolios. This project brings extra token incentives and yield farming alternatives, providing investors with even more benefits as the ecosystem develops. To maximize the potential rewards, investors can use the promo code “ FLOPPY80 ” for an 80% bonus and take advantage of the presale opportunity while it is available. Jump In Now: FloppyPepe (FPPE) Is Gaining Momentum Fast As the bull run takes shape, cryptocurrency investors can invest in a token that could provide up to 11,500% returns for those who get in early. FloppyPepe (FPPE) presents a distinctive opportunity for investors to boost their portfolios ahead of the full-fledged bull market. Given the recent surge of substantial investments during its ongoing presale, this token is one to watch in this market cycle. Investors are encouraged to take action now and secure as many FloppyPepe (FPPE) tokens as possible before they are sold out. Join the FloppyPepe (FPPE) presale and community: Website | Whitepaper | Telegram | X (Twitter) Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post KASPA Gears Up For Breakout Of The Decade: Experts Discuss Key Indicators To Drive 11,500% Growth This Month appeared first on Times Tabloid .