TL;DR The XRP Army, arguably the loudest niche of the cryptocurrency community, frequently posts about the asset’s market potential, but some forecasts can go into the ‘ridiculous’ category. Although many might seem far-fetched, at least for the current market prices, ChatGPT noted that a double-digit price tag is not out of the question. $29, $55? Although XRP has been the object of countless massive price predictions, even before its explosive rally at the end of last year, we will focus on a more summarized version from this article , where the first two targets were set at $29 and $55. The AI chatbot described the more modest one as “ambitious yet conceivable,” since it came from more renowned industry experts, such as Bitwise Research’s Oscar Ramos, who believes the asset can surge to such an impressive price tag if certain conditions are met. At first, he highlighted the significance of a potential approval of a spot Ripple ETF in the States. Although the US SEC has delayed making a decision on a few listings, the chances for such products to hit the US markets this year are above 75%, according to Polymarket. XRP’s price can also benefit if the token continues to gain traction in global financial systems and sees “widespread institutional adoption.” The $55 target was categorized as “highly optimistic” by ChatGPT. It explained that such a price per token would require a market cap above $3 trillion, given the current available supply, which would put XRP above BTC. “Such a surge would necessitate unprecedented adoption and utility, making this target highly optimistic under current market conditions,” – added the AI tool. What About $100? The last price target set by analysts was an entry triple-digit price. ChatGPT kindly dismissed it by putting it in the “speculative and unlikely” category. After all, such a price tag would put XRP’s market cap above those of Apple and Nvidia… combined. “While some proponents argue that XRP could capture a significant share of global financial transactions, including SWIFT replacements and derivatives settlements, these scenarios are highly theoretical and face numerous regulatory and practical challenges,” – concluded the AI chatbot. Although the predictions above might sound a bit (or a lot) far-fetched at the moment, this doesn’t mean that XRP lacks any market potential this year. In fact, you can check what ChatGPT thinks about the possibility of a $10 price tag for Ripple’s cross-border token – here . The post ChatGPT Evaluates Ripple Price Predictions: How Viable Is XRP at $100? appeared first on CryptoPotato .
After months of volatility and speculation, Bitcoin has now shattered all historical benchmarks, trading firmly above 110,000 dollars and setting a fresh all-time high. This milestone is not just a psychological boost; it is igniting serious confidence among both retail investors and institutional players. From macro traders to long-term holders, this rally is being seen less as a spike and more as a structural shift. Many are now watching to see whether Bitcoin’s behavior will begin to mirror more mature assets like equities or gold, which often continue climbing after setting new records. In short, this is not a moment investors are ignoring—it is one they are leaning into. Bitcoin’s Strongest Accumulation Wave Since January Signals a Bullish Continuation Fresh insights from Glassnode reveal that Bitcoin has entered its most aggressive accumulation phase since the start of the year. Their Accumulation Trend Score, now at its peak of 1.0, indicates that every major wallet cohort—from small holders to whales—is in buy mode. This is not passive interest. This is coordinated conviction. What makes this surge different is that it is happening after months of distribution. Between January and April, large holders were consistently reducing exposure. Now, that pattern has reversed. Whales holding over 10,000 BTC led the charge in early May, triggering a domino effect where smaller investors followed with confidence. Accumulation is now visible across nearly the entire wallet spectrum. Even $BTC holders have flipped from distribution to light accumulation (~0.55), joining larger cohorts like 100–1K (~0.9) and 1K–10K #BTC (~0.85). Only 1–10 #BTC remain net sellers. pic.twitter.com/C4C9ZLlwNs — glassnode (@glassnode) May 19, 2025 Backing this sentiment is the options market. June calls for 200,000 dollar and even 300,000 dollar BTC are gaining traction, with 620 million and 420 million in notional value, respectively. This pricing behavior reflects trader expectations for a continued breakout, not a cooldown. In contrast to previous post all-time high pullbacks, Bitcoin’s current setup resembles a maturing asset and may be entering a long-term rally. When accumulation and conviction align this tightly, the case for strategic buying becomes difficult to ignore. Best Crypto to Buy Now As Bitcoin Makes a New High SUBBD The reacceleration of Bitcoin accumulation by all wallet cohorts is more than just bullish—it’s a reminder that participants are favoring systems that emphasize control and long-term ownership. That context makes SUBBD especially relevant. It does not aim to mimic the creator platforms of Web2, but instead rebuilds the system from the ground up using decentralized architecture. SUBBD gives creators something they rarely have—leverage. Every content piece, stream, and interaction becomes monetizable through $SUBBD, a token that powers gated content, direct tipping, fan-tiered rewards, and on-chain subscriptions. But it’s not just another “social token.” With the platform’s smart contract-based payout mechanism, creators and fans maintain verifiable, non-revocable access terms. There are no hidden fees, delayed withdrawals, or banned accounts. In the same way that Bitcoin gave users custody over their wealth, SUBBD is allowing creators to take custody over their business models. The platform allows voting rights for token holders, meaning community interests are prioritized without reliance on advertisers or opaque platform rules. For investors, this transforms $SUBBD into more than a niche asset—it becomes a claim on a decentralized creator ecosystem, still in its early adoption curve. Top creators like ClayBro have already dubbed it one of the best crypto presales in the space right now. As institutional capital watches Bitcoin break new highs with record accumulation levels, it is also seeking projects that reflect real transition stories. SUBBD fits into that thesis—not by promising exponential hype, but by solving a problem that affects millions of creators right now, with a framework that rewards participation at every level. Best Wallet Token As Bitcoin’s price hits unprecedented highs and accumulation hits full throttle across all wallet sizes, the narrative around custody is back in focus. The logic is simple—if institutions are accumulating, self-management tools need to keep up. Best Wallet steps into this moment not just as another crypto wallet, but as a fully integrated platform built for user engagement and asset control. At the center is the BEST token . While most wallet tokens sit idle, BEST actually opens access to native staking, presale listings, and in-app decentralized trading. With more than 60 chains supported, it caters to investors who refuse to silo their assets. But the core value lies in its role as a toolkit: from AI-driven portfolio insights to a presale aggregator and DEX interface, everything is usable without ever leaving the wallet environment. Security-wise, the wallet is non-custodial, with all access keys controlled by the user. It even integrates iGaming rewards for users who engage with the broader Best Wallet ecosystem. This matters because investors are no longer looking for passive storage—they want participation with upside, especially as early-cycle momentum builds. Best Wallet reflects that shift. As Bitcoin’s renewed trust drives a fresh round of market interest, tools that let users directly access and act on that momentum—without hopping between apps—gain added relevance. BEST is not a bet on speculation; it is a play on infrastructure that supports participation at the exact moment participation is peaking again. Solaxy The uptick in Bitcoin buying is now systemic, spanning every wallet cohort. This points to renewed institutional and long-term confidence—confidence that tends to flow toward infrastructure, not just hype cycles. Solaxy enters that conversation as a Layer 2 protocol that doesn't need loud narratives because its value lies in execution. Rather than picking a side in the Ethereum versus Solana discussion, Solaxy integrates both. It operates as a cross-compatible Layer 2 that brings faster transactions and reduced gas fees across ecosystems, with validator node support designed for scale. The SOLX token is more than just a native asset—it anchors the network through staking, liquidity support, and protocol incentives. Early participants benefit from a transparent APY model, with tracking tools built directly into the interface for real-time visibility. What separates Solaxy is its quiet alignment with what institutions now seek: modular scalability, cross-chain operability, and risk-averse design. Solaxy has not plastered itself across crypto Twitter or released viral memes—but its architecture is attracting early adopters who are watching this accumulation-driven cycle not as traders, but as builders. This signal is all green! 🟢 🪐39M Raised! 🔥 pic.twitter.com/c3dAiUkTsm — SOLAXY (@SOLAXYTOKEN) May 22, 2025 The project has already raised upwards of $39 million and is currently looking to go live in less than 25 days. Solaxy’s focus on predictable, transparent performance metrics mirrors the sort of sober infrastructure plays that capital typically rotates into once Bitcoin shows sustained strength. With $SOLX still in its early phases and utility baked into the protocol’s staking, validation, and reward layers, the setup looks less like a trend and more like a quietly maturing bet on blockchain’s connective tissue. BTC Bull With Bitcoin breaking into new highs and entering its strongest accumulation phase since January, it’s worth watching how this bullish confidence filters into adjacent narratives. BTC Bull is one such project—built not to replicate Bitcoin’s technical model, but to echo its spirit: decentralization, long-term conviction, and community-first ideology. BTC Bull wraps itself in the philosophy that made Bitcoin what it is today: distributed power and shared ownership. Rather than offering a grand utility promise, it offers participation—staking, holding, and supporting a token designed to reward involvement, not just early speculation. Essentially, every holder will be able to win airdrops and enjoy benefits from burns as Bitcoin reaches new price milestones. The project runs on a fixed supply model and maintains transparency through public audits and an open roadmap that prioritizes organic growth over marketing flash. The community element isn’t an afterthought—it’s the core. The more BTC Bull gets staked or held, the more its incentives scale, aligning directly with what Bitcoin’s accumulation wave is currently proving: that conviction compounds value. In a market increasingly driven by utility but underpinned by sentiment, BTC Bull becomes relevant not because it tries to be a better Bitcoin, but because it works alongside it. As retail and mid-size investors look to align with this moment’s momentum, BTC Bull reflects a parallel track—one that’s early enough to matter, yet mature enough to carry weight beyond hype. MIND of Pepe Amid Bitcoin’s all-cohort accumulation frenzy, a surprising pattern is emerging: tokens that seem like memes are gaining real traction—not because of irony, but because of how they engage with modern investor behavior. MIND of Pepe is at the center of that pattern, offering something rare: a self-aware memecoin with actual utility built around real-time market engagement. What sets MIND of Pepe apart isn’t just its AI layer, but how that AI interacts with holders. It’s not passive data or abstract analytics—the token gives access to an on-chain sentiment engine. This AI agent observes social media, tracks viral trends, and synthesizes what the broader investor base is thinking in real time. Token holders don’t just speculate—they observe crowd behavior as it unfolds. As Bitcoin options traders begin pricing in 200,000 and 300,000 dollar strike prices, retail investors are hunting for leverage in less saturated zones. MIND of Pepe responds by offering a reflection of crowd psychology, not just price charts. For a market that’s becoming more reflexive—where what people believe ends up influencing outcomes—this token functions like a mirror with predictive capability. There’s no illusion here about replacing Bitcoin. MIND of Pepe works because Bitcoin is working—its accumulation drives attention, and attention fuels sentiment. In that loop, MIND of Pepe becomes a filter for interpreting what people might do next. It’s a speculative play, yes—but one informed by a level of feedback most tokens do not even attempt to provide. Conclusion As Bitcoin pushes into record territory and accumulation activity intensifies across every wallet tier, the broader crypto market is beginning to reflect a similar sense of renewed purpose. In conditions like these, tokens with clearly defined roles, early-stage traction, and thoughtful design often find themselves well-positioned to benefit from the overflow. While nothing in crypto is without risk, the projects discussed above present concepts that align with the current mood of the market—and for that reason, they may be worth keeping on the radar. Disclaimer: This is a sponsored article 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.
BitcoinWorld Khosla Ventures Explores Powerful AI Investing Strategy in Mature Companies In the dynamic world of technology and investment, where venture capital typically fuels disruptive startups, a fascinating shift is underway. Firms known for backing the next big thing are now looking at established, mature businesses – think traditional call centers, accounting firms, or professional services. This isn’t just about buying old companies; it’s about applying cutting-edge AI to fundamentally change how they operate, a strategy sometimes called AI-Infused roll-ups. This approach is gaining traction among prominent VCs, including the notable firm, Khosla Ventures . What is this New Venture Capital Strategy? Traditionally, venture capitalists seek out nascent companies with groundbreaking technology or business models aiming to disrupt markets or create entirely new ones. Their focus is high growth, often with significant risk. However, some VCs are now adopting a different approach, one that looks more like private equity but with a distinct tech twist. This Venture Capital Strategy involves: Acquiring existing, mature businesses that operate in traditional sectors. Implementing advanced artificial intelligence solutions to automate processes, improve efficiency, and enhance service delivery. ‘Rolling up’ multiple similar businesses under one umbrella to achieve scale and operational synergy. Firms like General Catalyst, Thrive Capital, and solo investor Elad Gil are already experimenting with this model. General Catalyst, in particular, is championing this as a new asset class, having already invested in several such ventures. One example is Long Lake, a company acquiring homeowners’ associations to streamline management using technology, which has secured significant funding. Khosla Ventures Explores AI Investing Adding significant weight to this trend, Khosla Ventures , a firm renowned for its early, often risky bets on foundational technologies with long development horizons, is now considering this PE-flavored approach. This move is particularly interesting given Khosla’s typical focus on unproven technologies rather than established businesses. Samir Kaul, a general partner at Khosla Ventures, confirmed the firm’s interest, stating they would ‘look at a few of these types of opportunities.’ This suggests a cautious but deliberate exploration into the world of AI Investing in mature companies. The Appeal of AI Business Optimization Why are VCs interested in applying AI to seemingly mundane businesses? The core idea is AI Business Optimization . Mature companies often have established customer bases, predictable revenue streams, and well-defined processes. However, they may lack the technological edge to scale efficiently or offer modern, automated services. By injecting AI into areas like customer service (call centers), data processing (accounting firms), or operational management (service firms), these businesses can: Serve more customers without proportionally increasing headcount. Reduce operational costs through automation. Improve service quality and consistency. Extract valuable insights from data using AI analytics. This transformation can unlock significant growth and profitability potential that wasn’t previously accessible. Potential Benefits for AI Startups Interestingly, this trend could create a beneficial ecosystem for the very AI startups that VCs are already funding. If a VC firm acquires and optimizes a network of, say, accounting firms using AI, their portfolio of AI startups specializing in financial automation or data analysis gains instant access to a large, established client base. Samir Kaul highlighted this point, noting that such access would be invaluable for new startups that often struggle with long enterprise sales cycles and customer acquisition, especially in the rapidly evolving AI market. Navigating Private Equity Roll-ups with a VC Lens While this strategy borrows elements from traditional Private Equity Roll-ups , the emphasis on deep technological transformation via AI sets it apart. PE firms often focus on financial engineering, operational efficiencies, and market consolidation. This new VC approach adds a layer of disruptive technology implementation as a primary driver of value creation. Khosla Ventures is approaching this cautiously. Kaul emphasized the importance of protecting their strong return track record and being responsible stewards of their investors’ money. While the acquired businesses might be less likely to lose money compared to early-stage startups, ensuring they can deliver venture-like returns after AI implementation is the key challenge. Khosla’s Measured Approach Khosla Ventures plans to ‘dabble’ initially, undertaking a few deals to assess the performance of these AI-infused roll-ups. If the early results are promising and demonstrate strong returns, they might consider scaling the strategy, potentially even raising a dedicated investment vehicle for it. However, Kaul indicated that Khosla would likely partner with a firm experienced in acquisitions and operational roll-ups rather than building that expertise in-house. ‘We wouldn’t do it alone, we don’t have that expertise,’ he noted. Conclusion: A New Frontier in VC Investing? The exploration by firms like Khosla Ventures into AI-Infused roll-ups represents an exciting evolution in the world of venture capital. By combining the stability of mature businesses with the transformative power of AI, VCs are opening up new avenues for value creation and providing valuable opportunities for their portfolio of AI startups. While still in its early stages, this strategy of AI Investing in traditional sectors could redefine how VCs approach growth and disruption in the years to come, proving that innovation isn’t always about building from scratch, but sometimes about intelligently optimizing what already exists. To learn more about the latest AI market trends, explore our articles on key developments shaping AI features. This post Khosla Ventures Explores Powerful AI Investing Strategy in Mature Companies first appeared on BitcoinWorld and is written by Editorial Team
The post Pi Network News: Insider Moves of 102 Million Tokens Spark Doubts Over Pi Core Team’s Role appeared first on Coinpedia Fintech News Pi Network, which has always been in the headlines, is once again stirring the investors, but not for reasons that inspire confidence. In just three days, over 102 million Pi tokens have been pulled out of the OKX exchange, sparking fears that insiders may be cashing out. Is this the start of a bigger drop, or just a sign of Pi Network’s losing its grip? Huge Pi Token Movements Spark Debate According to pseudonymous crypto analyst Mr Spock, in mid-May 2025, more than 102.7 million Pi tokens left the OKX exchange in just three days. Some transactions were massive—one moved 70 million Pi tokens at once. 102.7 Million Pi Withdrawn from OKX: The Awakening Has Begun The time we’ve been waiting for is no longer ahead of us — it’s happening right now. In just the past 3 days, a staggering 102,776,657.17 Pi (π) has been withdrawn from OKX, one of the world’s top cryptocurrency… pic.twitter.com/DwhNhTYHcp — Mr Spock 𝛑 (@MrSpockApe) May 22, 2025 This level of activity has never been seen before in the Pi Network, and while some think it’s a sign of progress. Some Pi supporters are calling it a step forward, saying it shows growth and rising adoption. After all, the Pi coin is still trading around $0.77, even after a slight drop in the price. While some people are celebrating the on-chain activity and others are doubting, and they don’t like what they see. Insider Selling Rumors Stir Worry Meanwhile, well-known blockchain investigator, Dr. Altcoin, pointed out that 1.4 million Pi coins were moved from a wallet that hadn’t been used before. Shortly after, those coins were sold on the Gate.io exchange. This wasn’t just a one-time thing. Several other big transfers have been spotted, and they all seem to lead back to wallets that might be connected to the Pi Core Team. Some reports even suggest these wallets could be holding over 90 billion tokens. That’s made many in the community question how much control the team has and whether the project is as fair as it claims to be. Pi Coin’s Price Struggle & Faces Unlocking Pressure In the meantime, Pi coin price has been trying to break past the $0.85 resistance zone, but it’s been stuck. Technical experts warn that if it can’t move higher soon, the price could drop further, possibly down to $0.66 or even $0.55, which we saw earlier this year. Adding to the worries, over 1.4 billion more Pi tokens are expected to enter the market in the next year. In May alone, 110 million tokens entered circulation. If too many of these tokens end up on exchanges, it could drive prices even lower.
Solana is experiencing a classic cup-and-handle breakout as key derivative metrics indicate sustained bullish momentum. SOL held above Fibonacci support, building bullish momentum even as spot volume dropped by 30%.
Brad Garlinghouse, the CEO of Ripple, has shared his perspective on the burgeoning interest and excitement surrounding cryptocurrency Exchange-Traded Funds (ETFs). His insights shed light on why these investment vehicles are generating significant buzz within the digital asset space and beyond. Unlocking Mainstream Access Garlinghouse emphasizes that crypto ETFs are particularly exciting because they provide … Continue reading "Ripple CEO Highlights Excitement Around Crypto ETFs" The post Ripple CEO Highlights Excitement Around Crypto ETFs appeared first on Cryptoknowmics-Crypto News and Media Platform .
The crypto funding sector saw major activity from May 18-24, with total investments reaching $307.5 million, led by World’s $135 million raise. This week’s funding mainly focused on Finance and banking-focused ventures and payment and financial services sectors. Here’s an overview of the week’s crypto funding activity as per Crypto Fundraising data : World Foundation Raised $135 million from a16z crypto, Bain Capital Crypto, and Selini World ( WLD ) has raised $375 million so far According to the announcement on May 21, the funds will be used to expand its iris-based identity network, World ID. https://twitter.com/worldcoin/status/1925253926929997841 Slash Slash scored $41 million in a Series B round The project has a fully diluted valuation of $370 million Goodwater backed the investment Slash has raised $60 million so far https://twitter.com/slashapp/status/1924874110376784122 Catena Labs Catena Labs secured $18 million in a Seed round The investment was backed by a16z crypto, Breyer Capital, and Z Ventures Gained +1 new investor You might also like: Aptos price at range low support could spark major reversal toward $20 Roxom Gathered $17.9 million in an Unknown round Investors include Draper Associates, Borderless, and Kingsway Capital Roxom has raised $22.2 million so far https://twitter.com/roxom/status/1925621929307717836 TrueX A team of Coinbase alumni collected $11 million to debut True Markets, a stablecoin-native DeFi app offering real-time execution and self-custody on Solana. The investment was backed by Accomplice, Framework Ventures, and Reciprocal Ventures TrueX has raised $20 million so far Projects Hyperdrive: Raised $6 million in a Series A funding Acurast bagged $5.4 million Public sale with $90 million fully diluted valuation VOYA Games (Craft World) raised $5 million in an unknown round Rover raised $4.1 million Seed investment Stablecorp (QCAD) raised $1.8 million in an unknown round Fermi Labs bagged $1.2 million in a pre-seed round Read more: Ethereum stalls despite new BTC ATH; Shiba Inu whales are buying this new ICO
BitcoinWorld Clear Street Expands Digital Assets Division: Strategic Push into Institutional Crypto The world of finance is rapidly evolving, and the line between traditional assets and digital assets is blurring faster than ever before. As institutional players increasingly look to enter the cryptocurrency space, the need for expert guidance is paramount. This is precisely the trend that New York-based financial services firm , Clear Street , is capitalizing on with a significant expansion of its digital assets capabilities. Why is Institutional Interest in Crypto Booming? Over the past few years, cryptocurrencies have moved from niche technology to a recognized, albeit volatile, asset class. This maturation, coupled with clearer regulatory frameworks emerging in some regions and the potential for diversification and high returns, has piqued the interest of large financial institutions. Potential for High Returns: Despite volatility, crypto markets have historically offered significant growth opportunities. Diversification: Digital assets can offer low correlation with traditional asset classes, providing portfolio diversification benefits. Technological Innovation: Institutions are exploring the underlying blockchain technology for efficiency gains in various financial processes. Client Demand: A growing number of institutional clients are demanding access to digital asset investments. However, navigating this new frontier presents unique challenges compared to traditional markets. Navigating the Complexities of Institutional Crypto Entering the institutional crypto space isn’t as simple as buying Bitcoin on a retail exchange. Institutions face hurdles such as: Regulatory uncertainty and compliance requirements. Security concerns related to custody and trading large volumes. Lack of familiar infrastructure and trading tools. The need for specialized knowledge in blockchain technology and crypto market dynamics. This is where experienced advisors become crucial. As John D’Agostini and Nicholas Hemmerly, co-heads of Clear Street ‘s Investment Banking division, highlighted, the convergence of traditional and emerging financial systems requires professionals who understand both worlds. Clear Street’s Strategic Expansion into Digital Assets Recognizing this growing need, Clear Street has announced a significant expansion of its Blockchain and Digital Assets Investment Banking Franchise. This move positions the firm to provide specialized advisory services tailored to the unique demands of institutions looking to engage with crypto. The expansion includes bringing in new talent with specific expertise in the crypto sector. Nakul Mehta and Collin Finnerty are joining Clear Street to lead the crypto segment of the expanded division. Their experience is expected to bolster the firm’s ability to offer sophisticated guidance in this rapidly evolving market. What Services Will Clear Street Offer in Crypto Investment Banking? The expanded division aims to provide a comprehensive suite of advisory services for companies operating in or looking to enter the digital assets space. These services are designed to help clients navigate the complexities and capitalize on opportunities within the market. Key services include: Public Listing Strategies: Guidance for crypto-native companies considering going public. Capital Raising: Assistance with securing funding through various mechanisms relevant to the digital asset ecosystem. Crypto Treasury Planning: Advisory on managing corporate treasury holdings in cryptocurrencies. Mergers and Acquisitions (M&A): Support for M&A activities involving companies in the digital asset sector. Strategic Guidance: Providing expert advice for traditional companies looking to enter or integrate digital assets into their operations. This range of services underscores Clear Street ‘s commitment to becoming a key player in crypto investment banking , offering institutional-grade support for complex transactions and strategic decisions. The Future of Financial Services and Digital Assets The move by Clear Street is indicative of a broader trend: the increasing integration of digital assets into mainstream finance. As more financial services firm s build out their crypto capabilities, it signals a growing confidence in the long-term viability and importance of this asset class. This expansion is not just about offering new products; it’s about bridging the gap between the established financial world and the innovative, fast-paced crypto market. It provides institutions with the expertise and infrastructure they need to participate confidently and compliantly. Conclusion: Clear Street’s Strategic Position in Institutional Crypto Clear Street ‘s expansion of its digital assets division, bolstered by new hires with specialized expertise, is a strategic response to the undeniable growth in institutional crypto interest. By offering a robust suite of crypto investment banking services, the financial services firm is positioning itself as a crucial partner for institutions seeking to navigate the complexities and opportunities within the crypto market. This development highlights the ongoing maturation of the digital asset space and its increasing importance within the global financial landscape. To learn more about the latest institutional adoption trends in the crypto investment banking space, explore our article on key developments shaping institutional crypto adoption. This post Clear Street Expands Digital Assets Division: Strategic Push into Institutional Crypto first appeared on BitcoinWorld and is written by Editorial Team
Solana prints a classic cup-and-handle as derivative metrics point to continued strength.
An American visitor ended up losing $123,000 in crypto after getting into the wrong cab in central London. He said he felt drowsy and blank after taking a cigarette the driver offered him. Thirty minutes later, he woke up on the pavement with a smashed phone and no way to unlock his crypto wallet. Mistaken Identity At Night According to My London , Jacob Irwin-Cline hailed what he thought was an Uber at around 1:30 a.m. on May 9, 2025. It wasn’t. The driver looked similar to the person in the app, but the car was different. He didn’t check the plate number. He says he only spotted the mistake after the attack. US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London An American tourist has lost more than $123,000 in crypto after being drugged and abducted by a fake Uber driver in London’s West End.Read more: https://t.co/6oEsTH79ig pic.twitter.com/uIu9ZijSK7 — Mars Signals (@MarsSignals) May 21, 2025 Sedative Cigarette Encounter Based on reports, the driver handed him a cigarette when Jacob was already half asleep. He says it felt odd right away. He thinks it was laced with scopolamine, a powerful sedative. This drug can make you feel calm, confused, or even forget what just happened. He lost consciousness for about 30 minutes. When he woke up, the taxi was gone. Lost Wallet And Cold Facts His phone was the real prize. It held his private keys and gave full access to his crypto accounts. He later discovered the cab clipped him as he stumbled out. He spent days trying to track down the device. It was never returned. Now he has no way to tap into that $123,000 stash. Rising Threats To Crypto Holders This case follows other violent crimes targeting people in the crypto world. On May 3, French police freed the father of a crypto exchange owner after he’d been held for ransom . The kidnappers wanted millions of euros. Days later, masked men tried to shove Paymium CEO Pierre Noizat’s daughter and grandson into a van in broad daylight. They fought back and escaped. Steps To Stay Safe Experts urge crypto holders to use hardware wallets for large sums and only keep small amounts on a phone. They say matching every ride-share detail helps too. Check plates, car model, and driver name before you step in. Use long passcodes or biometric locks on phones. And if you carry big assets, think about a travel companion or security guard in unfamiliar places. The growing number of violent crimes against crypto investors shows that digital money can attract more than just hackers online. It can draw real-world danger. Jacob Irwin-Cline’s loss is a stark reminder that convenience often comes at a cost. Stay alert, check the details, and keep most of your holdings offline. That way, you won’t wake up to a $123,000 hole in your pocket. Featured image from Pexels, chart from TradingView