The post Which Crypto To Buy For Longterm As Elon Musk Says ‘America Party’ Will Back Bitcoin (BTC) appeared first on Coinpedia Fintech News Elon Musk’s bold endorsement of Bitcoin through his newly formed America Party is igniting fresh interest in the crypto market. His announcement, paired with Bitcoin’s 82% surge over the past year to $109,323, signals a bullish shift for digital assets. Investors are now eyeing opportunities beyond Bitcoin. They are further favouring projects with robust fundamentals and long-term potential. Mutuum Finance (MUTM) , currently in Phase 5 of its presale, is emerging as a standout with over 12,000,000 raised and more than 580 million tokens sold to 13,000 holders. This DeFi project, built on a secure lending protocol, offers a compelling case for those exploring which crypto to buy for long-term gains. Mutuum Finance’s presale success Mutuum Finance (MUTM) is advancing swiftly through its presale, now in Phase 5 at $0.03 per token. This price reflects a 200% increase from the opening phase’s $0.01, showcasing strong investor demand. With over 65% of Phase 5 filled, the window to secure tokens at this level is narrowing rapidly. Phase 6 will bring a 16.7% price hike to $0.035, and the token is set to launch at $0.06, guaranteeing a 100% return for current buyers. Analysts project even greater upside, with some estimating a $3 post-launch value in 2025, driven by the project’s innovative DeFi framework. Moreover, Mutuum Finance (MUTM) has solidified its credibility with a CertiK audit, earning a 95.00 security score with no vulnerabilities found. Innovative lending for DeFi growth Mutuum Finance (MUTM) is redefining decentralized lending with a dual-model approach. Its Peer-to-Contract system uses smart contracts to automate lending, offering dynamic interest rates that adapt to crypto market shifts. This ensures stability for both lenders and borrowers. In the meantime, the Peer-to-Peer model enables direct transferring, which is prioritized by the ones addressing fluctuating crypto rates. This is one of the flexibility features that distinguishes Mutuum Finance (MUTM), as it provides transparency and control compared with centralized platforms. The project also rewards top investors through a leaderboard dashboard, granting bonus tokens to the top 50 holders. Furthermore, a $50,000 USDT Bug Bounty Program with CertiK reinforces its commitment to security across the crypto market. Stablecoin and scalability solutions Mutuum Finance (MUTM) is developing a fully collateralized USD-pegged stablecoin on Ethereum, minimizing depegging risks common in algorithmic tokens. Additionally, the team is implementing Layer 2 solutions to reduce gas fees and improve transaction speeds, positioning Mutuum Finance (MUTM) for global adoption. A $100,000 MUTM giveaway , split among 10 winners, is also generating excitement. Participants need a $50 minimum presale investment and must submit a wallet address to qualify. Consequently, these features make Mutuum Finance (MUTM) a strong contender in crypto investing. Bitcoin’s institutional momentum Bitcoin’s rally, fueled by Musk’s America Party and $11 billion in ETF inflows, underscores its growing role as digital gold. Institutional adoption is stabilizing its crypto prices, making it a reliable hedge against fiat uncertainties. However, its high entry point limits accessibility for some. Mutuum Finance (MUTM), with its lower price and 100% ROI at launch, offers a more affordable entry into the crypto market. While Bitcoin leads, Mutuum Finance (MUTM)’s innovative lending and stablecoin plans provide unique utility. Additionally, its mtToken system rewards stakers with buybacks, creating passive income streams that Bitcoin lacks. Looking ahead with confidence Mutuum Finance (MUTM) is proving itself as a top choice for those deciding which crypto to buy for long-term success. Its presale, now at $0.03, offers a rare opportunity to secure tokens before the $0.06 launch, with projections of reaching $3 in 2025. The project’s audited contracts, innovative lending models, and upcoming stablecoin make it a standout in crypto investing. As Bitcoin gains traction with Musk’s backing, Mutuum Finance (MUTM) complements it with practical DeFi solutions. Investors seeking growth and stability should explore Mutuum Finance (MUTM) now, as Phase 5 nears its close. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
A newly launched meme coin, Little Pepe ($LILPEPE), is nearing closure of its fourth stage of presale with over $3.80 million raised to date. The project has gained traction in the crypto community for its unique blend of scalability and utility within the meme coin segment. Market watchers have projected that this Shiba Inu killer under $0.002 is positioned to soar 23,957% and knock SHIB out of the top two meme coins in market cap. The token is priced at $0.0013 in its current presale phase and continues to attract interest from both retail and institutional investors. Built as a Layer 2 blockchain infrastructure on Ethereum, Little Pepe is introducing a performance-focused environment optimized for meme coins, DApps, and DeFi development. Its compatibility with the Ethereum Virtual Machine (EVM) ensures seamless integration for developers and provides a low-cost, high-speed alternative to Layer 1 networks. Presale Momentum and Layer 2 Infrastructure Development Little Pepe has completed three rapid presale stages, signaling growing demand and investor confidence. Now in Stage 4, the project continues to gain momentum, having already sold over 3.23 billion tokens out of the 3.750 billion allocated, marking 86.13% completion of this phase. The presale has now surpassed $3.80 million in total funds raised, steadily progressing toward its $4.475 million Stage 4 target and reflecting strong upward growth across each round. The core of Little Pepe’s appeal lies in its Layer 2 architecture, which allows for significantly reduced gas fees and faster transaction processing. These features provide a reliable infrastructure for developers looking to deploy smart contracts and applications within a cost-efficient ecosystem. The project also introduces an anti-sniper bot protocol, aiming to reduce unfair trading during high-demand launches. Utility Ecosystem and Exchange Strategy The $LILPEPE token functions as the primary utility asset of the Little Pepe ecosystem. Its use spans across staking, governance, transaction settlements, and DApp operations. Additionally, the platform is developing a meme coin-focused Launchpad intended to support new token launches. This positions Little Pepe as a utility-driven protocol rather than a speculative asset. Multiple exchange listings have also contributed to the project’s exposure. Two centralized exchanges (CEXs) supported $LILPEPE early on, and further listings are reportedly in progress. While the name of a top tier exchange is being withheld, the team has indicated that negotiations are underway. This strategic move is expected to provide the liquidity required for broader adoption. Growing Community and Market Sentiment Little Pepe is rapidly gaining traction across social media platforms like Telegram and X (formerly Twitter), attracting increasing attention from both retail and high-net-worth crypto investors. The project’s community continues to expand alongside growing presale demand. To further boost engagement, the team has launched a massive $777,000 giveaway during the presale. As part of this initiative, ten lucky winners will each receive $77,000 worth of LILPEPE tokens, making it one of the most rewarding community campaigns in the meme coin space. Experts have not ceased to keep an eye on the project in its development, with the possibility of LILPEPE entering a market cap of more than $1 billion in case of projections. Being a Shiba Inu killer with a price of less than 0.002 dollars with an anticipated growth of 23,957% and expanding the meme coin space, second in market cap after SHIB, Little Pepe is now being followed as one of the leading tokens in the meme coin market. For More Details About Little PEPE, Visit The Below Link: Website: https://littlepepe.com 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.
Millions of weed-themed NFTs themed around American rap legend Snoop Dogg sold out on Telegram just 30 minutes after launch. According to Telegram CEO Pavel Durov, the collection generated $12 million in sales and included roughly 1 million NFTs minted on The Open Network (TON) blockchain. Durov shared the news on X, calling the launch a resounding success and noting that demand had overwhelmed expectations. The NFT drop, described as being “inspired by Snoop’s iconic style,” featured a range of digital collectibles, including marijuana-related objects, a digital dog, vintage cars, swag bags, and other themed symbols. Pavel added that both blockchain minting and secondary market trading for the collection will begin in 21 days on the TON blockchain As part of the release, Snoop Dogg also debuted a new track titled “Gifts” along with a music video showcasing the entire collection. Having previously merged his brand with platforms like The Sandbox and Roobet, Snoop continues to use blockchain as a direct-to-fan channel for content and collectibles. You might also like: NFT sales jump 10% to $136.5m, CryptoPunks shows 26% pop The latest collection is part of Telegram Gifts, a feature that allows animated digital collectibles to be displayed on user profiles or converted into Stars, Telegram’s in-app currency. The items are designed to be both expressive and functional within the social platform’s expanding digital economy. Telegram Gifts were first introduced in January 2025 through an update by MyTonWallet, a self-custodial wallet built on the TON blockchain. This marks the second high-profile sellout for Telegram Gifts in recent days. On July 4, limited-edition items themed around American symbols such as Crystal Eagles, Statues of Liberty, and Liberty Torches also sold out in less than a minute. At the time, Durov said that all 15,000 Crystal Eagles, priced around $100 each, were claimed in just 45 seconds. Although the recent success of Telegram Gifts has led many to speculate that the hype around non-fungible collectibles may be back, market data says otherwise. 🚨 Snopp Dogg just released a song about Telegram NFTs on $TON . Moves will be made, and you do not want to be left out. The time for gains is coming.🚀📈 pic.twitter.com/d5dX0CNhWR — NeilXbt (@neil_xbt) July 9, 2025 NFT sales volumes have declined sharply this year, with data from CryptoSlam showing a 61% drop in Q1 2025 compared to the same period last year. In the past 30 days alone, overall sales have fallen by 41% to just over $403 million, with a more than 55% drop in transactions. Read more: PENGU price jumps as Pudgy Penguins NFT sales, whale buying soar
Summary BTCS Inc. is a U.S.-based, publicly traded digital asset company that has recently gained significant attention after years of low market cap. Shares of BTCS have surged 140% year-to-date and over 600% in the last three years, driven by the company's plan to be an ETH Treasury business. The company, originally known as Bitcoin Shop, has evolved from an online Bitcoin marketplace to a broader blockchain technology player. While the hype isn't totally without merit, the $225 million ATM should give serious investors plenty of pause. Crypto company investors could be forgiven for having never heard of BTCS Inc. ( BTCS ) before. Despite being both U.S.-based and one of the oldest digital asset-related companies in the public markets, the stock has generally traded well below a $100 million market cap until recently: Data by YCharts Shares of BTCS are currently up 140% year to date and over 600% over the last 3 years. Typically when there are spikes in price/valuation to this magnitude, there is a primary catalyst and BTCS is no different. In this article, we'll look at what is driving the recent hype in BTCS shares as well as assess whether the stock is a 'buy' on news. BTCS Through The Years BTCS, an abbreviation for Blockchain Technology Consensus Solutions, used to be known as "Bitcoin Shop." Back when the company launched in 2014, it was primarily operating an online marketplace that accepted Bitcoin ( BTC-USD ) for consumer goods similar to a company like Amazon ( AMZN ). After going public via reverse merger shortly after inception, BTCS quickly pivoted to Bitcoin mining which proved to be a challenging business for the company. Data by YCharts After essentially four straight years without revenue of any kind, the stock was up-listed to the Nasdaq back in 2021 in conjunction with yet another business pivot to Ethereum ( ETH-USD ) staking solutions, blockchain analytics tools, and digital asset treasury growth. This, admittedly brief, recap brings us to today where we have a stock ripping higher and now valued at about 20 times trailing sales. Ethereum Treasury Company As is quickly becoming normalized by companies like Bit Digital ( BTBT ) and Upexi ( UPXI ), digital asset treasury businesses utilizing tokens down cap of Bitcoin have become potentially viable ways for public companies to raise capital. This is what BTCS is now also attempting through an announced $225 million ETH purchase target on July 9th . While ETH has badly lagged Bitcoin in price for nearly three full years, it is still the native token of one of the most important blockchain ecosystems in the Digital Asset sector and claims the largest stablecoin TVL with $126 billion and roughly 50% share of market. Stablecoin Share By Chain (DeFi Llama) Given the apparent priority stablecoin regulation is now getting in the United States, validating transactions in the Ethereum ecosystem is dramatically cheaper than that of Bitcoin. Furthermore, unlike Bitcoin Treasury companies which don't typically mine the asset as well, ETH Treasury companies can natively stake their assets to generate positive returns for shareholders with minimal capex. BTCS, Investor Deck Even if the price of ETH stays exactly where it is, a positive operating return is to be expected assuming the company doesn't spend frivolously through SG&A or R&D. Data by YCharts At the end of March, BTCS had $21 million in total assets and a tangible book value of just under $18 million. The company reported just $270k in cash and about $20 million in crypto assets - most of which were staked. So the key question then; how does a company with just $21 million in total assets raise this capital to buy nearly a quarter of a billion in ETH? Answer: an ATM, among other things. On July 8th, BTCS CEO Charles Allen posted details on X of what was originally just a $100 million capital raise: This multi-pronged flywheel utilizes ATM sales, convertible debt, on-chain AAVE ( AAVE-USD ) borrowing, staking rewards, and Builder+—our proprietary block-building platform—to grow $ETH per share, drive revenue, and protect shareholder value by minimizing dilution. So far, we only have specific details of the ATM. The ATM Through a prospectus filed on July 8th, BTCS filed a $225 million common stock ATM: In accordance with the terms of the Offering Agreement, we may offer and sell shares of our Common Stock having an aggregate offering price of up to $225,000,000 from time to time through the Agent. Our Common Stock is traded on The Nasdaq Capital Market under the symbol “BTCS.” On July 7, 2025, the last reported sale price of our Common Stock on The Nasdaq Capital Market was $2.80 per share. For a company worth about $18 million, this is a serious amount of dilution. At the end of March, there were 20,206,880 shares outstanding. So far, it appears that BTCS has sold 600,000 additional shares to raise just under $3 million about $5 per share. Notably, the prospectus lays out more than just ETH purchases for use of ATM proceeds: We intend to use the net proceeds from the sale of the securities by us to provide additional funds for purchasing digital assets, working capital, and other general corporate purposes. As of the date of this prospectus supplement, we cannot specify with certainty all of the particular uses of the proceeds from this offering . Accordingly, we will retain broad discretion over the use of such proceeds Bold above is my emphasis. I don't doubt that the majority of capital raised from this ATM will be utilized to buy ETH, but the fact that a specific percentage isn't laid out should give any investor chasing this rally pause from where I sit. Closing Summary If it wasn't implied strongly enough above, I would be very cautious chasing this stock. BTCS has been a penny stock throughout its existence. And while I'll over the company some slack due to it being a cryptocurrency company throughout its entire existence, I think the pivot to ETH is more of a desperation play than anything else. Short squeezes with these kinds of stocks are always possible, so I'm not going to call it an outright 'sell.' But there is no way I'd put on 'buy' on this company at this point in time.
Aethir partners with Credible Finance to launch the first credit card and loan product backed by DePIN. The product also offers loan facility backed by ATH tokens. According to a press release sent to crypto.news, the new credit card would allow traders who hold Aethir ( ATH ) tokens, the project’s native token, to access stablecoin credit without having to sell their holdings in exchange for fiat. Instead, the decentralized physical infrastructure network or DePIN-backed card will allow them to use digital assets as collateral. Holders and node operators will be able to claim a free ATH-backed credit card issued by Credible . The card can be topped up using ATH tokens or Solana ( SOL )-based stablecoins. The product can also be used to unlock a credit line against ATH tokens. As part of its partnership with Credible, ATH holders will also be able to access the financial firm’s private investor portal. The feature offers short-term lending opportunities with up to 24% APY on USDC ( USDC ) and USDT ( USDT ) stablecoins. You might also like: China’s most popular crypto payment card service is shutting down Loan approvals and credit limits will be determined by Credible’s AI -powered credit engine. The AI analyzes the borrower’s on-chain activity, digital assets portfolio, and transaction history to generate dynamic credit scores. Chief Strategy Officer and Co-founder at Aethir, Mark Rydon, expresses optimism regarding Aethir’s partnership with Credible. He believes that the joint product launch will be able to bring “real utility” to the ATH token. “It’s the first step toward building a financial system around decentralized infrastructure,” said Rydon in his statement. By combining DePIN participation and on-chain data, Aethir is providing traders with a new alternative that would allow them to access capital that was previously not an option. CEO and Co-founder of Credible Finance, Shrikant Bhalerao, emphasized the importance of launching the world’s first DePIN-native credit card poised for facilitating real-life credit loans. “We’re turning tokenized infrastructure into usable financial capital,” said Bhalero. For the time being, the credit cards will only be available to GPU providers, node operators and ATH token holders. However, the project plans to expand access to the card as the ecosystem continues to evolve. Users can check their eligibility through the official Credible site . You might also like: Fluence launches ‘DePIN Pledge’ to push industry commitment to decentralization
Bitcoin fluctuated between $110,936 and $111,110 over the last hour, reflecting a tightening trading range. With a market capitalization of $2.20 trillion and 24-hour trading volume of $39.70 billion, bitcoin’s price maneuvered within a broader intraday range of $108,644 to $111,742, suggesting a consolidative tone after a recent rally. Bitcoin On the daily chart, bitcoin‘s
Bitrue has launched World Liberty Financial’s USD1 as a base trading pair, allowing users to trade top cryptocurrencies directly against the Trump-linked stablecoin. In a press release shared with crypto.news, crypto exchange Bitrue has just announced the launch of USD1, the stablecoin from Trump-backed World Liberty Financial as a base trading pair on its spot exchange. Starting today, users can trade 10 major cryptocurrencies directly against USD1, including Bitcoin ( BTC ), Ethereum ( ETH ), Ripple ( XRP ), Solana ( SOL ), Tron ( TRX ), XDC Network ( XDC ), Cardano ( ADA ), Binance Coin ( BNB ), Dogecoin ( DOGE ), and Sui ( SUI ). “By offering USD1 base trading pairs, Bitrue has once again proved its commitment towards early adoption of promising new technologies, and we will continue to expand the number of pairs available according to user feedback,” said Adam O’Neill, Chief Marketing Officer at Bitrue. USD1 is also now tradable against Tether ( USDT ), enabling easy swaps with the most liquid stablecoin . Additionally, Bitrue announced plans to list WLFI, the governance token of World Liberty Financial. WLFI will feature staking options through Bitrue’s Power Piggy product, enabling holders to earn passive income with daily rewards. You might also like: Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities The launch on Bitrue expands USD1’s reach significantly, building on its growing presence across multiple major exchanges. USD1 is already traded on popular platforms, including PancakeSwap, KuCoin, Bitget, MEXC, Gate.io, Binance , and Bybit. USD1 is also integrated with Alchemy Pay , a leading crypto payment gateway, allowing users in 173 countries to purchase the stablecoin using mainstream fiat methods like Visa, Mastercard, Apple Pay, Google Pay, local bank transfers, and mobile wallet Launched in April by WLFI and managed by BitGo Trust Company, a U.S.-regulated custodian, USD1 has quickly become the fifth-largest stablecoin by market cap, currently valued at $2.2 billion according to CoinMarketCap . USD1 is designed to maintain a 1:1 peg to the U.S. dollar, fully backed by U.S. Treasuries. You might also like: Bitrue opens stock trading to the 24/7 blockchain clock, but there’s a fine print
Public companies are buying more Bitcoin, and the second quarter of the year saw the biggest jump in corporate accumulation yet. According to Bitwise’s Q2 2025 report, public companies now hold a total of 847,000 Bitcoin ( BTC ), a 23.3% from the previous quarter. The holdings represent 4.03% of Bitcoin’s total 21 million supply, marking a major chunk now sitting on corporate balance sheets. At current prices, the Bitcoin stash is worth roughly $91 billion. This value, based on an average price of $107,754, marks a 60.9% increase compared to Q1. Companies are buying bitcoin, Q2 2025 edition pic.twitter.com/0UxrlIZQvb — Bitwise (@BitwiseInvest) July 9, 2025 The holdings are boosted by the 159,107 BTC purchased in Q2 alone, marking the biggest quarterly increase on record. The surge came from both new entrants and aggressive buying by existing holders, pushing the number of public companies with Bitcoin from 79 to 125 in just three months. The 46 new companies represent a 58% jump from Q1, and include entities like Twenty One, which invested around $450 million into Bitcoin to become the third-largest corporate holder with a 37,230 stash. Read more: Top 4 reasons a major crypto bull run could be on the horizon Another new entrant, GameStop, also executed its first-ever BTC purchase of 4,710 BTC, marking a shift in its corporate strategy. Some of the largest purchases came from existing holders like Strategy , the Michael Saylor-led firm, which added over 69,000 BTC in Q2 alone. The company now holds 697,325 BTC, and is sitting on an estimated $14 billion in unrealized gains. Similarly, Japan’s ‘Strategy’ Metaplanet continued ramping up its accumulation . Now holding 15,55 BTC, the company led Tokyo trading volumes in Q2, surpassing firms like Toyota and Sony in market activity. In parallel, firms like Trump Media filed plans to raise $2.5 billion, with a goal to commit the funds to large-scale Bitcoin accumulation. The surge in acquisition shows that the asset is moving beyond retail and into mainstream corporate finance, becoming a permanent fixture on many balance sheets. BTC trades at $111,115 at press time, up 2% in the past 24 hours, after recently touching an all-time high just below $112,000. You might also like: Metaplanet eyes second stage of BTC strategy, plots acquisition spree
The Cardano Foundation recently disclosed that its portfolio of cryptocurrency assets exceeds a valuation of $650 million. Within this diversified digital asset reserve, Bitcoin constitutes approximately 15%, underscoring the Foundation’s
BIT Mining has announced plans to raise between $200 million and $300 million to build a Solana (SOL) treasury as part of a broader expansion into the fast-growing blockchain ecosystem. Key Takeaways: BIT Mining plans to raise $300 million to build a SOL treasury and shift away from Bitcoin. The company will convert all existing crypto holdings into SOL and begin operating validator nodes. Its pivot aligns with a growing trend of firms betting on Solana. The move marks a departure from its previous focus on Bitcoin, Litecoin, Dogecoin, and Ethereum Classic mining, the company said in a Thursday press release . The company will convert all existing crypto assets into SOL and adopt a long-term holding strategy, citing Solana’s performance, infrastructure, and developer community as key drivers behind the pivot. BIT Mining to Riase Funds in Phases To support its new direction, BIT Mining plans to raise funds in phases, based on market conditions and capital availability. It will also begin running validator nodes on Solana, aiming to contribute to network decentralization and security while earning staking rewards. “We’re excited to take this bold step into what we believe is one of the most dynamic and promising ecosystems in the blockchain space,” said CEO Xianfeng Yang. “With our strong execution capabilities and long-term vision, we are confident in our ability to accelerate sustainable growth and deliver lasting value to our shareholders.” BIT Mining, currently the 17th largest public Bitcoin miner by market cap, operates across mining, hosting, and hardware production. JUST IN: BIT Mining, a NYSE-listed crypto miner, is shifting its strategy to @solana . The company plans to raise $200M–$300M to accumulate $SOL in phases and will convert all existing crypto holdings into SOL. pic.twitter.com/zSYs32IDKv — Satoshi Club (@esatoshiclub) July 10, 2025 Its stock (BTCM) surged more than 300% in pre-market trading Thursday, following the announcement. The pivot aligns BIT Mining with a rising group of firms reshaping their treasury strategies around digital assets. Last week, DeFi Development Corp. revealed that it has acquired $2.7 million worth of Solana as part of its aggressive crypto treasury strategy. Likewise, Canadian digital asset firm Sol Strategies, already trading on the Canadian Securities Exchange, holds over 420,000 SOL tokens, positioning itself as a significant institutional player in Solana’s ecosystem. Last month, the firm also filed to list its common shares on the Nasdaq Capital Market under the ticker “STKE” as it ramps up its U.S. expansion. In its SEC filing, Sol Strategies emphasized its focus on Solana, citing the blockchain’s growing role in asset tokenization and digital infrastructure as key drivers for future growth. More Public Companies Diversify into Crypto Following the model pioneered by Michael Saylor’s Strategy, more public companies are diversifying into crypto holdings that include BTC, ETH, SOL, and XRP. Two other mining firms with “Bit” in their name have also reoriented around Ethereum in recent weeks. Bit Digital recently exited Bitcoin mining and acquired over 100,000 ETH after raising $173 million. Meanwhile, BitMine plans to raise $250 million to scale its ETH treasury, with Fundstrat’s Tom Lee joining as board chair. The announcement came after BIT Mining’s $10 million settlement in November with the U.S. Department of Justice and SEC over bribery allegations tied to its former business as 500.com, a Chinese lottery operator. The post BIT Mining to Raise Up to $300M to Build SOL Treasury in Strategic Pivot appeared first on Cryptonews .