As one of the best-performing altcoins, could $BNB join the shortlist of top cryptos? And will its rise set the stage for a bull run that boosts the best presales sky-high? The utility token for Binance Smart Chain, $BNB has been flying just under the radar recently. But a 5% surge in $BNB’s price on Monday, May 12 put $BNB near $700. While the price has corrected since, there are signs that institutional support is growing. In the meantime, the US Securities and Exchange Commission is set to establish ‘clear and sensible guidelines’ for crypto. It’s part of a wholehearted embrace of crypto that’s also seen the agency accused of ‘picking the winners’ in the growing crypto adoption push. Will the new crypto rules help $BNB firm up its spot on the shortlist of major altcoins? And how will the top presales fare in the new dispensation? Let’s learn more. SEC Proposes ‘Fit-for-Purpose’ Standards, an End to Ad-Hoc Rule Enforcement Monday’s Crypto Roundtable at the SEC revealed some juicy information. Perhaps the most important speech came, unsurprisingly, from SEC Chairman Paul S. Atkins. Atkins discussed the ongoing shift of securities from traditional systems to crypto. He noted that: Rules and regulations designed for off-chain securities may be incompatible with or unnecessary for on-chain assets and stifle the growth of blockchain technology. So what’s a decent, hard-working SEC chairman to do? Write new rules. Specifically, new rules for crypto issuance, custody, and trading, three critical areas for the industry. Atkins also promised an end to ad-hoc enforcement actions; even mentioning the possibility of ‘conditional exemptive relief’ for crypto products and services launching in the interim. The speech was the clearest evidence yet of a fundamental shift in the US regulatory approach, and Atkins was careful to give a cautious but firm endorsement of a pro-crypto framework. What was especially interesting was Atkin’s acknowledgement of how finance institutions – TradFi – are moving to the forefront of crypto adoption. For an example of the impact of institutional support, we need to look no further than $BNB. $BNB Gathers Institutional Support, Sets Up Run to $700? $BNB is looking pretty good these days. It’s up 8% for the week, 9% over the past month, and 10% on the year. With its price just above $648 , the $700 mark is within arm’s reach. Perhaps more importantly, trading volume surged 54% in the past 24 hours, potentially indicating renewed institutional support. $BNB trading volume sits at over $2.6B, with a market cap of over $91B. That makes $BNB the fifth-largest crypto by market cap. The BNB Chain supports everything from DeFi to the Binance Launchpool, which details upcoming tokens launching on the blockchain. The sheer versatility of the ecosystem demonstrates Binance’s commitment (and financial support) for a top-tier blockchain. The launchpool provides a way to find upcoming projects before they launch, letting investors get in at the presale stage on Binance-vetted projects, when token prices are potentially as low as they’ll ever go. As the SEC lays out new rules and $BNB looks poised for a breakthrough, here are three of the best presales to watch. 1. Solaxy ($SOLX) – Groundbreaking Solana Layer-2 Multichain Token Investors have poured $34.9M into the Solaxy ($SOLX) presale so far. Why? Because the promise of a viable Solana Layer-2 is simply too good to ignore. Solana already has lower costs and faster transaction speeds than Ethereum; that’s part of the reason behind the wild success of platforms like pump.fun. Even so, the network can be plagued with congestion issues and occasional failed transactions. Now in presale, Solaxy aims to combine Ethereum’s reliability and scalability with Solana’s speed. The result is $SOLX, an ERC-20 token with native multichain capability. After the token launch, the project will deploy the first-ever Solana Layer-2. The applications are nearly endless; meme coin launches and faster payment solutions, just for starters. And during the presale, investors can stake $SOLX for even more gains – 115% staking rewards. $SOLX is currently priced at $0.001722; we think the token could reach $0.032 in under a year. Learn how to buy Solaxy with our guide, and be sure to visit the presale page . 2. SUBBD Token ($SUBBD) – Blockchain-backed AI Token for Red-Hot Content Creation Industry SUBBD Token ($SUBBD) brings together two red-hot market sectors, AI and Social Media influencers. The total crypto AI market cap is up 52% over 30 days, sitting at $38B overall. The content creation market is worth over $85B worldwide. That’s an over $120B combined market that $SUBBD aims to tap into. $SUBBD provides fans and content creators with a full suite of features, including: AI content creation tools VIP staking benefits Platform discounts Loyalty and rewards programs Platform XP multipliers Exclusive content access Early Beta unlocks Perhaps most enticing is the SUBBD AI Creator. With the tool, content creators and fans can launch and manage their AI influencers and easily monetize their content creation efforts. $SUBBD tokens cost $0.0554, and the presale has raised $382K so far. That token price could reach $0.301 by the end of 2025, according to our SUBBD price prediction . Visit the presale page , and check out our how-to-buy guide . 3. Bitcoin Pepe ($BPEP) – Bitcoin Meme Layer-2 A Bitcoin meme IPO? The best meme coins always have a driving force behind them, and Bitcoin Pepe ($BPEP) is out to capture Bitcoin’s winning energy. As a meme Layer-2 for $BTC (which is back above $100K, sitting at $103K currently), Bitcoin Pepe offers near-instant transactions, ultra-low fees, and a new BEP-20 standard. That standard will let anyone launch meme coins directly on Bitcoin. The potential for a true Bitcoin-based meme coin is phenomenal, given Bitcoin’s power and performance. BEP-20 will be EVM and Solidity compatible, giving developers all the tools they need to build a dominant blockchain. The tokenomics prioritize the presale, with significant percentages reserved for staking, marketing, and further development. Given the momentum of the project, it’s not surprising that $BPEP has already raised over $8M in the ICO stage. SEC, $BNB Set Up Crypto for Bull Run With the SEC rewriting the rules and $BNB blazing the path forward, these three new cryptocurrency projects are on their marks and raring to go. That said, no matter how good the market looks, do your own research. Volatility is a feature of crypto, not a bug.
On May 13th, COINOTAG reported that Bitcoin’s market capitalization has exceeded $2 trillion for the first time since the end of January. The cryptocurrency has reached a notable price point
GD Culture Group (GDC) aims to raise $300 million to enhance its cryptocurrency treasury reserve, marking a significant move towards blockchain integration. This initiative underscores GDC’s commitment to adapting to
COINOTAG News reported on May 13th that QCP has issued its latest market observation, highlighting a pivotal development: a temporary tariff reduction agreement between China and the United States. This
GDC to Invest $300M in Bitcoin and TRUMP Memecoin $BTC #Bitcoin
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve. In a May 12 statement, GDC and its subsidiary, AI Catalysis Corp., announced entering into a common stock purchase agreement with a British Virgin Islands limited liability company to sell up to $300 million of its common stock. The proceeds from the stock sale will be used to fund the firm’s crypto treasury, which will include purchases of Bitcoin ( BTC ) and the Official Trump (TRUMP) token. “Under this initiative, and subject to certain limitations, GDC intends to allocate a significant portion of the proceeds from any share sales under the facility to the acquisition, long-term holding, and integration of crypto assets into its core treasury operations,” the company said in the announcement. GDC described the strategy as a move to align with the broader “decentralization transformation.” GDC stock price, 1-year chart. Source: Nasdaq Founded in 2016, GDC is a micro-cap company with a current $34 million market capitalization, according to Nasdaq data. Related: Multi-wallet usage up 16%, but AI may address crypto fragmentation gap GDC’s chairman and CEO, Xiaojian Wang, said the initiative builds on the company’s strengths in digital technologies and positions it for a blockchain-powered industrial shift. “GDC’s adoption of crypto assets as treasury reserve holdings is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies and the livestreaming e-commerce ecosystem,” Wang said. The stock offering was announced over a month after the firm received a noncompliance warning from Nasdaq related to its stockholders’ equity. The notice indicated that the firm reported stockholders’ equity of only $2,643, well below the minimum requirement of $2.5 million. The firm was given until May 4 to submit a plan to comply with the listing requirements. If accepted by the Nasdaq, the compliance plan will allow the firm up to 180 days from the notification period to comply with the requirements. The Nevada-based company joins a small but growing group of public firms that are allocating part of their balance sheets to crypto assets. Related: Crypto speculation dominates $600B cross-border payments: BIS report Trump token dinner planned for top holders GDC’s announcement coincides with an upcoming high-profile event tied to the Trump token project. The 25 largest holders of TRUMP tokens are set to attend a private dinner at the White House on May 22. However, the TRUMP memecoin project said in a May 12 X post that it has stopped considering additional purchases for the dinner and that the attendees had been notified to apply for background checks. According to data provided on the project’s leaderboard, the top 220 wallets held more than 13.7 million tokens as of May 12, worth roughly $174 million at the time of publication. Top 10 TRUMP memecoin holders as of May 12. Source: TRUMP memecoin project Some US lawmakers have criticized the dinner. Senator Cynthia Lummis reportedly said that the idea of the US President offering exclusive access for people willing to pay for it “gives [her] pause.” Crypto regulation experts also fear that the Trump family’s crypto endeavors may trigger more regulatory scrutiny by the US Securities and Exchange Commission, as politically affiliated memecoins introduce a new challenge for crypto legislation. Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express
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Arizona Governor Katie Hobbs has taken significant steps in the cryptocurrency landscape, demonstrating a cautious yet proactive approach to digital asset regulation. The rejection of two Senate bills, aimed at
Tron has officially surpassed Ethereum in total circulating USDT, marking a major shift in the stablecoin space. According to a May 12 post by CryptoQuant contributor Maartunn, on May 6, Tron’s ( TRX ) USDT supply reached $73.8 billion, exceeding Ethereum’s ( ETH ) $71.9 billion. Tron is now leading in USDT issuance for the first time after almost two years of steady growth, propelled by cheap fees, quick settlement times, and a stable network. TRON $73.8B USDT Supply Overtakes Ethereum’s USDT Supply “For the first time ever, the total supply of USDT on TRON (TRC-20) surged past that on Ethereum (ERC-20), reaching $73.8B versus $71.9B.” – By @JA_Maartun pic.twitter.com/wuhj8HFPEb — CryptoQuant.com (@cryptoquant_com) May 12, 2025 Since mid-2023, Tron’s growth has been consistent. The TRC-20 network has become the preferred choice for large-scale Tether ( USDT ) transactions, with more than $14 billion worth of new USDT being minted on the network in just the first half of 2025. It has gained popularity among decentralized finance users, traders, and businesses due to its low transaction fees, quick block finality, and reliable uptime. In contrast, Ethereum’s USDT growth has stabilized. Users are now switching to less costly options like Tron or Layer-2 solutions because of high gas prices and slower settlement. As a result, even though Ethereum was the original home of USDT, it has begun to lose ground in the stablecoin space. You might also like: MoonPay joins forces with TRON, adds support for TRX in the U.S. Beyond stablecoins , Tron’s ecosystem is thriving. With a daily transaction volume of over 8.4 million, the network recently surpassed 10 billion total transactions . Tron’s decentralized exchange volume increased from $3.4 billion to $4.9 billion in April, a 40% rise from the previous month. Additionally, its total value locked has risen to more than $5 billion. Adding to the momentum, on May 1, World Liberty Financial announced the integration of its USD1 stablecoin onto the Tron network. At TOKEN2049 in Dubai, Tron also revealed a new Gas Free feature, allowing users to pay fees without holding TRX. At the time of writing, TRX, is trading at $0.2618, up over 6% in the past week. Tron founder Justin Sun has revealed that he expects TRX to hit a new all-time high this quarter, citing growing network activity and its increasing correlation with Bitcoin ( BTC ). Read more: Tron memecoins skyrocket as Justin Sun pushes zero-fee meme trading
CryptoQuant analyst Axel Adler Jr calculated the average cost for mining Bitcoin to around $36,800 per BTC. The current market price compared to the cost of mining could generate 182% profit for miners. According to a recent post by CryptoQuant analyst Axel Adler Jr, the current average production cost required to mine 1 BTC ( BTC ) is equal to around $36,800. He was able to calculate the cost of mining by combining the latest data from April 2025 with the average cost of electricity, energy efficiency, capex amortization and the Power Usage Effectiveness multiplier. Based on Adler Jr’s calculations, at Bitcoin’s current market price, miners stand to gain a 182% profit compared to the $36,800 it takes them to mine a single BTC. Adler Jr noted that the pattern is similar to the beginnings of BTC’s earlier bull-run back in late 2022. In the earlier rally that started in November 2022, BTC shot up by nearly 100%, surging from $16,000 to $30,000 by January 2023. The average cost of mining 1 BTC for miners is currently $36.8K. The spread between the current market price and the cost of one coin = 182%. This is essentially the average profitability. This corresponds to the beginning of the bull cycle in November 2022 and the peaks of this… pic.twitter.com/ynCLNWYCsE — Axel 💎🙌 Adler Jr (@AxelAdlerJr) May 13, 2025 “This is essentially the average profitability. This corresponds to the beginning of the bull cycle in November 2022 and the peaks of this cycle >$100K,” said Adler Jr in his post. Assuming the price stays well above the $36,800 mark, Adler Jr estimated miners will be able to fully breakeven for each coin. He even stated that miners will be able to reap excess profits comparable to those reached during the beginning of Bitcoin’s bull rally back in January 2023. Price chart for Bitcoin in the past few hours, May 13, 2025 | Source: crypto.news Read more: Bitcoin surges past $105k on the heels of a U.S. and China trade deal At press time, Bitcoin has gone down 1.85% in the past 24 hours, according to data from crypto.news. BTC is currently trading hands at $102,894. However, it recently reached a daily peak of $104,635. Just a day prior, Bitcoin surpassed $105k for the first time since January 31. Most recently, BTC has been on a rally fueled by a temporary trade truce between the U.S. and China. It was able to recover from the slump it experienced back in early April when it fell below the $75,000 mark after global stock markets crashed in the aftermath of President Trump announcing blanket trade tariffs across more than 60 countries and regions. In the past month, BTC has been able to recover beyond the $100k threshold, rising by as much as 21.7%. Meanwhile, in the past week, BTC has gone up by nearly 9%. You might also like: Bitcoin miners show no sign of capitulation as structural signals stay positive, Bitfinex says