Home Blog Page 740

While President Trump Tours Middle East, Ripple Executives Engage With UAE Officials

Albert Brown
-
0
While President Trump Tours Middle East, Ripple Executives Engage With UAE Officials

U.S. President Donald Trump attended a state dinner in Qatar while Ripple executives held key meetings in Dubai. 

Both visits occurred amid growing U.S. engagement in the region, underscoring rising interest in financial and technological cooperation between Gulf and American institutions. 

Ripple President Meets Dubai Leaders 

While Trump, a pro-crypto president, continued his diplomatic engagements in Doha, Ripple leadership gathered in Dubai for the 2025 FinTech Summit. The company’s President, Monica Long, met with United Arab Emirates officials, including Emirates Group Chairman Ahmed bin Saeed.

Their discussions focused on expanding digital payment infrastructure and driving innovation in financial services. The meeting followed Ripple’s recent approval from the Dubai Financial Services Authority (DFSA), granted on March 13, 2025. 

The license enabled Ripple to offer regulated digital payment services within the Dubai International Financial Centre (DIFC), marking a regional first for a blockchain-based payments provider.

Following the DFSA license, Ripple intensified its efforts across the Middle East, targeting inefficiencies in cross-border payments. The company reported heightened interest from crypto-native firms and traditional financial institutions in the region.

According to a 2024 Ripple-conducted survey, 64% of finance executives in the Middle East and Africa cited faster settlement times as blockchain’s key value in international payments.

Trump Holds Talks with Syrian and Qatari Leaders

Meanwhile, President Trump’s diplomatic agenda began in Saudi Arabia, where he held a meeting with Syrian leader Ahmed al-Sharaa. Trump’s regional tour then continued in Doha, where he was welcomed by Qatari Emir Sheikh Tamim bin Hamad Al Thani.

The Doha visit included bilateral talks that concluded with several commercial agreements. Among them was a record order of aircraft from Boeing, which the White House stated could generate up to $1.2 trillion in economic value. 

During Trump’s tour, several American tech companies revealed new artificial intelligence agreements in the Middle East. The announcements came as U.S. President Donald Trump secured $600 billion worth of business commitments from Saudi Arabia to U.S. firms.

Notably, a government-backed venture fund based in Abu Dhabi is involved in a $2 billion transaction using a U.S. dollar-pegged stablecoin issued by World Liberty Financial.

The digital asset, USD1, is linked to the Trump family, which maintains majority ownership of the crypto firm. Current U.S. President Donald Trump is identified as the company’s “chief crypto advocate,” and he and his family are positioned to benefit financially from the transaction.

Binance Coin (BNB) Defends $637 Support as Rally Stalls: Is a Rebound to $758 Still Possible?

Albert Brown
-
0
Binance Coin (BNB) Defends $637 Support as Rally Stalls: Is a Rebound to $758 Still Possible?

Binance Coin (BNB) struggles to sustain its uptrend as bulls defend the $637 level. Can BNB rebound to $758 amid rising TVL and a surge in long trader positions?

As the crypto market witnesses a slowdown this week, Binance coin struggles to hold above the $650 mark. Will this short-term weakness lead to a breakdown of the $637 support level and a retest of the 200-day EMA?

BNB Coin Price Analysis

On the daily chart, the BNB coin price shows a bullish breakout from a falling channel pattern, with a 4% surge on May 8. However, the rally peaked near $670, encountering strong overhead supply and heavy price rejection.

BNB Coin Price Chart
BNB Coin Price Chart

Binance Coin has shifted into a sideways movement and now risks a pullback to the $637 support level. This short-term struggle is accompanied by a significant drop in the RSI, falling from the overbought zone near 75 to the 14-day simple moving average.

As bullish momentum fades, the likelihood of a deeper correction increases significantly. However, due to the ongoing breakout rally, the 50-day and 200-day exponential moving averages are nearing a golden crossover.

This crossover could trigger a bounce in Binance Coin, presenting an entry opportunity for price action traders. Additionally, the breakout from the falling channel pattern projects a 25% potential rally from the breakout point, targeting the $758 level.

However, a drop below $637 could test the 200-day EMA at $615. If the decline extends below the broken support trendline near $600, the bullish breakout pattern will be invalidated.

Optimism in the Derivatives Market Suggests a BNB Rebound

Despite the short-term pullback, Binance traders remain optimistic about BNB. According to CoinGlass data, 66% of Binance traders currently hold long positions on the BNB coin, pushing the long-to-short ratio to 1.97 and reflecting strong market confidence.

Binance BNBUSDT Long/Short (Accounts)
Binance BNBUSDT Long/Short (Accounts)

DEX Volume and TVL Skyrocket on Binance Smart Chain

Supporting the bullish outlook for BNB, the Binance Smart Chain is witnessing a significant surge in both TVL and DEX volume. According to DeFiLlama, TVL has risen to $6.17 billion, while 24-hour DEX volume climbed to $2.51 billion as of May 15.

With this increase in DeFi activity, demand for BNB within the ecosystem is likely to grow.

Defillama
Defillama

VeChain Eyes $0.061 Rally as Bullish Pattern Signals 89% Upside

Albert Brown
-
0
VeChain Eyes $0.061 Rally as Bullish Pattern Signals 89% Upside

VeChain is forming a bullish pattern with a potential 89% upside. The VET price is eyeing a major breakout rally if it reclaims the $0.032 neckline.

As altcoins struggle amid Bitcoin’s drop below $103,000, VeChain has declined nearly 10%. This marks a short-term pause in VET’s breakout rally, with the price struggling to hold above the key psychological level of $0.030.

Can the short-term pullback reverse and rally toward $0.050, as VeChain shows strong underlying potential?

VeChain Price Analysis

VeChain jumped 27% last week as the broader market recovered. In the daily chart, the move confirmed the breakout of a falling channel pattern, indicating a renewed bullish trend.

VeChain Price Chart
VeChain Price Chart

The uptrend surpassed the 200-day EMA momentarily to test the 38.20% Fibonacci level near $0.032. However, the increased selling pressure at higher levels has led to a pullback in VET price to $0.029, with an intraday pullback of 4.65%. 

At present, the altcoin holds above the 100-day EMA, and the short-term surge in bullish influence teases a positive crossover between the 50 and 100 EMA lines.

However, the bearish reversal from the 38.20% Fibonacci level warns of a negative crossover between the MACD and signal lines. Hence, the technical indicators maintain a contrary viewpoint on the VeChain price trend. 

Inverted Head-and-Shoulders Pattern in Play

Looking at the long-term price action, VeChain appears to be forming an inverted head-and-shoulders pattern, with the neckline at $0.032. If the price rebounds from the 23.60% Fibonacci level and challenges the neckline, a breakout could send VeChain soaring.

VET Price Targets

According to the pattern, VeChain could rally by 89%, targeting the $0.061 level. Based on Fibonacci extensions, this move would surpass the 78.60% retracement level at $0.058, highlighting strong upside potential with the current shift in momentum.

On the downside, if VET fails to hold above the 23.60% Fibonacci level at $0.026, the bullish pattern will be invalidated. This would increase the likelihood of a pullback toward the $0.023 support level.

Here’s How Many New XRP Wallets Were Created Daily Over the Past Month

Mark Brennan
-
0
Here’s How Many New XRP Wallets Were Created Daily Over the Past Month

XRP shows positive price momentum, but daily averages of new wallets created reveal slow user growth compared to its peers.

Over the past week, XRP has experienced renewed bullish momentum, briefly peaking near $2.62 before a retracement to $2.47 as of May 15. Despite a 5.2% drop in the last 24 hours, the asset remains up 12.8% over the past 7 days and 12.4% in the last two weeks.

However, beyond the recent price swings, network-level data reveals a more complex picture of user growth, pointing to subdued adoption metrics alongside ongoing accumulation.

New metrics from Santiment highlight these trends, providing a clearer view of XRP’s current network dynamics in relation to major digital assets.

Daily Wallet Creation Trails Behind Peers

While XRP continues to show strength in market value, its network growth remains comparatively limited. According to data from Santiment, XRP has averaged approximately 3,500 new wallet creations per day over the past month.

Image

This number lags well behind Bitcoin’s 309,000 and Ethereum’s 112,000 daily new wallets. Notably, even Tether (USDT) has outpaced XRP with over 22,900 new wallets each day.

Holder Count Increases Steadily

However, separate metrics tracking holder activity present a different trend. Another Santiment chart shows the total number of XRP holders has now reached 6.46 million. This steady increase signals that more participants continue to accumulate XRP over time. 

Screenshot 2025 05 15T113856602
Source: Santiment

While the wallet creation rate stays low, the upward trend in total holders suggests ongoing interest from both retail and institutional participants.

The divergence between low new wallet creation and rising total holders may indicate long-term accumulation rather than an influx of new individual users. This gradual growth points to sustained interest in XRP from existing users rather than rapid expansion of the user base.

Active Usage Shows Stagnation

Meanwhile, metrics tracking actual usage show minimal change in regular activity on the XRP network. The 7-day average of active addresses, visualized in the Santiment chart, has remained largely flat. This lack of growth in active addresses highlights a stagnation in consistent user interaction with the XRP Ledger.

In contrast, the 24-hour active address count displays intermittent spikes. These short bursts often align with market volatility, suggesting that most recent activity stems from speculative trading.

Here Are 7 Reasons Why Ripple Likely Wants to See XRP Price Explode

Abdulkarim Abdulwahab
-
0
Here Are 7 Reasons Why Ripple Likely Wants to See XRP Price Explode

A widely followed XRP community commentator has shared reasons why Ripple may want to see the price of XRP rise significantly.

According to the analyst behind the community-driven account “All Things XRP,” the token’s growth is not just beneficial but fundamental to Ripple’s long-term strategy and survival. The analyst then outlined seven key reasons Ripple needs XRP’s price to soar.

Notably, this comes amid recent discussions within the XRP community suggesting that XRP’s relevance in Ripple’s infrastructure may be diminishing as the company promotes its stablecoin, RLUSD.

However, commentators like All Things XRP believe XRP remains as essential to Ripple as ever. One of the leading arguments is that XRP is instrumental in funding Ripple’s core operations.

Ripple currently holds about 42.5 billion XRP, amounting to a financial war chest valued at approximately $104 billion. To put this in perspective, Ripple could unlock up to $2.45 billion per month by releasing just 1 billion tokens. Meanwhile, at a $100 per XRP, this would mean $100 billion.

The thread emphasized that this represents a massive, non-dilutive revenue stream capable of funding operations, acquisitions, and global expansion, especially as Ripple scales its enterprise offerings.

High-Value XRP Attracts Institutional Clients

Furthermore, the analyst noted that the Ripple Payments service depends on XRP to facilitate cross-border transactions. A higher XRP value boosts liquidity, enabling faster, cheaper transfers with fewer tokens required.

This efficiency can help Ripple onboard more clients, including large institutions such as American Express and Standard Chartered.

Additionally, the current financial system relies heavily on nostro/vostro accounts. Ripple aims to replace this outdated model with real-time settlement powered by XRP. A strong, stable XRP reduces friction, enabling smoother large-value transfers.

XRP Price Fuels Network Growth

All Things XRP also noted that Ripple actively invests in the broader XRP ecosystem by supporting projects like Coil and Keyless. A valuable token attracts developers, decentralized apps (dApps), and users, which increases utility and volume across the network.

This, in turn, strengthens Ripple Payments, increases transaction fees, and enhances Ripple’s bottom line.

Price Performance Drives Investment and ETF Interest

Meanwhile, as XRP gains value, it becomes more attractive to venture capital firms, institutional investors, and ETF issuers. The thread specifically points to WisdomTree’s 2025 XRP ETF filing as a strong signal that the investment world is taking notice.

Additionally, All Things XRP noted that XRP’s price performance can serve as a confirmation of network health and technological viability. As XRP strengthens, it helps Ripple shed the perception of being “just another crypto project,” reinforcing its position as an enterprise-grade financial infrastructure.

Strategic Advantage Over Competitors

With competitors like SWIFT and Stellar vying for dominance in global payments, Ripple’s advantage lies in XRP, according to All Things XRP. He argues that a high-value XRP doesn’t just give Ripple parity but provides a performance edge, allowing the company to scale faster and more efficiently.

The thread also points out that a widely used and valuable token is more difficult to regulate out of existence. As utility and demand grow, so too does XRP’s case for regulatory legitimacy.

Ultimately, the analysis confirms a growing belief within the XRP community that Ripple’s success and XRP’s price are closely intertwined. For Ripple, a higher XRP price is not a luxury but may be a necessity. The analysis seeks to alleviate concerns that Ripple is abandoning XRP in favor of its RLUSD stablecoin.

Ukraine to Create a Strategic Bitcoin Reserve in Collaboration With Binance

Elendu Benedict
-
0
Ukraine to Create a Strategic Bitcoin Reserve in Collaboration With Binance

A legislative proposal in Ukraine to create a strategic Bitcoin reserve has entered the final stages, as the country looks to join the elite group of crypto-holding nations.

Despite the economic instability spurred by the years-long war with Russia, Ukraine is keen on buying Bitcoin. Recent reports suggest the nation has plans to officially meddle with digital assets, widely seen as the future of money.

The local media outlet Incrypted reported on Wednesday that the final details of a bill to establish a strategic Bitcoin reserve are currently being drafted. Specifically, Yaroslav Zhelezniak, the first deputy chairman of the committee on finance, tax, and customs policy, disclosed that he will submit the proposal in no time.

Remarkably, the Ukrainian MP proposed a crypto reserve earlier, but his recent disclosure shows he has narrowed it down to holding Bitcoin alone. Notably, Ukraine holds a substantial amount of Bitcoin acquired through donations but currently has no established law around its management or new procurement plans.

Strategic Bitcoin Reserve Push Has Notable Partner

Notably, the Ukraine strategic Bitcoin reserve push comes in partnership with Binance, the largest crypto exchange globally by trading volume. A Binance spokesperson confirmed the collaboration, revealing it would support the nation in its plan to buy and hold Bitcoin.

Specifically, Kirill Khomyakov, the head of Binance CEE, Central Asia, and Africa, expressed optimism in Ukraine’s strategic Bitcoin reserve creation. He emphasized that the proposal would require a legislative change, which would facilitate regulatory clarity in Ukraine.

Ukraine has faced roadblocks in creating a crypto framework. In April, a key parliamentary committee approved a draft law on digital assets, but the president’s office withdrew the proposal from consideration.

Will Ukraine Make History?

If the proposal is approved, Ukraine would become the first European country to establish a national Bitcoin reserve. The prospect of holding the leading cryptocurrency has gained momentum lately in countries like the Czech Republic and Brazil. However, no European country has yet adopted the trendy financial venture.

Meanwhile, the increasing susceptibility to allocate national wealth to Bitcoin generally emphasizes the growing embrace of the asset and cryptocurrencies.

In April, Binance’s CEO, Richard Teng, disclosed that the exchange is collaborating with multiple countries to create a strategic Bitcoin reserve and draft a crypto regulation, a sign that major announcements are still underway.

The United States remains the only nation officially establishing a national Bitcoin reserve after Donald Trump signed an executive order in March.

Bitcoin Holdings

Ukraine currently holds roughly 46,351 BTC, acquired mainly through donations for defense and humanitarian purposes in its ongoing war with Russia. These donations date back to 2022, and the nation liquidates them for firearms and aid as needed.

Meanwhile, other countries also hold large amounts of Bitcoin and are looking to establish a strategic reserve. China, for instance, holds around 194,000 BTC and recently mulled following the United States’ giant feat to create a Bitcoin reserve. Recall that the Chinese government has banned the asset and its use in the country.

The United States leads with approximately 198,012 BTC, valued at over $15 billion, held in a newly established Strategic Bitcoin Reserve.

Furthermore, the United Kingdom ranks as the third-largest national holder of Bitcoin, with its stash at approximately 61,000 BTC. However, it does not plan to establish a national Bitcoin stockpile like other top holders have teased.

Bhutan, leveraging its green energy resources, holds around 13,029 BTC worth about $1.1 billion, managed through its state-owned Druk Holdings. Meanwhile, despite past IMF concerns, El Salvador continues its pro-Bitcoin stance with 6,175 BTC, valued at $637 million.

Here Are Shiba Inu Price Predictions for 2025, 2030, and 2035 from Crypto Industry Experts

Sam Wisdom Raphael
-
0
Here Are Shiba Inu Price Predictions for 2025, 2030, and 2035 from Crypto Industry Experts

In a report by fintech platform Finder, a panel of 26 crypto industry leaders presented largely optimistic Shiba Inu price predictions over the next decade. 

Shiba Inu Price Predictions for 2025, 2030 and 2035

The findings, gathered and published this year, look into the future of the popular memecoin. Specifically, the panel’s average prediction sees SHIB closing out 2025 at $0.0000399, representing a notable 84.3% gain from its early 2025 price of $0.00002165. 

However, this projection is especially bold considering the token had already dipped below that starting point by the time the report went to press. Further, the panel sees SHIB rising substantially to $0.0001971 by 2030 and reaching a remarkable $0.0008543 by the end of 2035. 

Shiba Inu Price Predictions Finder
Shiba Inu Price Predictions Finder

These projections suggest a significant long-term upside, especially in light of SHIB’s historical peak of $0.00008845 recorded in October 2021.

Specific Expert Opinions on Shiba Inu Price Predictions

Among the most bullish voices in the report is Gracy Chen, CEO of Bitget, who sees SHIB hitting $0.00006 by the end of 2025. She mentioned recent technical indicators, particularly SHIB’s ability to break resistance and establish new support levels, as signs of a bullish trend. 

Supporting this view, Ruadhan O, founder of Seasonal Tokens, predicts SHIB will end 2025 at $0.0000500. He attributed his optimism to SHIB’s dedicated community and ongoing development, especially noting the potential impact of the TREAT token. 

However, he warned that Dogecoin (DOGE) could siphon market attention. According to him, this competition could prevent SHIB from achieving a new all-time high in the current cycle.

In contrast, some experts are skeptical. John Hawkins, a senior lecturer at the University of Canberra, expects a grim outcome for SHIB, suggesting its value to drop to $0.00001 by year-end. 

Hawkins believes that meme coins, like NFTs, would face a downturn. He also pointed to political and market factors, such as a second Trump presidency and Elon Musk’s growing influence, as potential drivers of investor interest away from SHIB and toward more established assets like Bitcoin and DOGE.

Shiba Inu Investor Strategy

Meanwhile, there was division within the panel on investor strategy. While 57% of participants believe SHIB holders should maintain their positions, 30% recommend selling, and 13% advise buying. 

Shiba Inu Investor Strategy Finder
Shiba Inu Investor Strategy | Finder

Josh Fraser, co-founder of Origin Protocol, falls into the buy camp. He admits he is uncertain about SHIB’s long-term trajectory but expresses bullishness on meme coins broadly for 2025. 

On the other hand, Desmond Marshall, managing director of Rouge International & Rouge Ventures, argues that SHIB is overplayed and lacks serious utility. He compared its branding to outdated internet humor. 

Similarly, Jeremy Britton, CFO of BostonTrading.co, suggested that the current massive Shiba Inu circulating supply was impractical. According to him, the token’s total volume exceeds the global GDP, putting its long-term valuation into question.

Is SHIB Overvalued?

Also, despite SHIB’s vibrant community and ecosystem developments, such as ShibaSwap and ongoing tokenomics adjustments, nearly half the panel, about 48%, believes the token is currently overvalued. In contrast, 44% consider its valuation fair, and a slim 8% see it as undervalued. 

Shiba Inu Valuation Finder
Shiba Inu Valuation | Finder

Interestingly, Ronen Cojocaru, CEO of 8081 Inc, predicted a sharp rise in SHIB’s price to $0.0000743 by the end of 2025, a gain of over 240%. However, he also argued that the asset remains overpriced due to market softness and increased competition.

Can Shiba Inu Overtake Dogecoin?

Meanwhile, the panel suggested that SHIB might not be able to surpass DOGE in market capitalization. Specifically, 79% of respondents are confident this will never occur, while only 7% believe SHIB could overtake DOGE as soon as 2026. 

Sathvik Vishwanath, CEO of Unocoin, supports this. He noted that while SHIB’s growing ecosystem shows promise, its large supply and speculative nature constrain its market cap potential compared to DOGE.

Coinbase Unveils Wrapped Versions of XRP on Base Layer 2

Albert Brown
-
0
Coinbase Unveils Wrapped Versions of XRP on Base Layer 2

Coinbase has officially confirmed plans to introduce wrapped versions of XRP, Litecoin, Dogecoin, and Cardano on its Ethereum Layer-2 network, Base. 

The upcoming wrapped tokens — cbXRP, cbLTC, cbDOGE, and cbADA — will be ERC-20 representations of their native counterparts. While the exchange disclosed contract addresses for each token, it clarified that these assets are not yet live or available for trading. 

Coinbase Cautions Against Prelaunch Scams

Amid the announcement, Coinbase issued a warning about fraudulent claims regarding the availability of these tokens. The company stated that cbADA, cbDOGE, cbXRP, and cbLTC are currently not tradable and advised users to remain cautious. 

To counter misinformation, Coinbase published the official Base contract addresses, providing users with a verified reference point for when the assets do launch. The precaution reflects an increasing concern over crypto-related scams, especially those exploiting early announcements to mislead users.

Coinbase’s prior experience with cbBTC offers context. The exchange launched cbBTC, a wrapped version of Bitcoin backed 1:1, in September 2024. In November, cbBTC expanded beyond Ethereum, debuting on Solana to boost cross-chain adoption.

With similar mechanics expected for the new assets, Coinbase appears to be following a consistent strategy. 

Boosting Derivatives and Global Reach

Notably, the crypto exchange has been steadily growing its presence among institutional investors. On May 8, Coinbase disclosed that it had reached a $2.9 billion deal to acquire Deribit, a crypto options trading platform.

The transaction includes a $700 million cash component, alongside 11 million shares of Coinbase stock. This acquisition marks one of the largest recorded deals within the crypto sector to date.

Security Flaws Continue to Attract Criticism

While expanding its product offerings, Coinbase continues to face scrutiny over its security practices. Blockchain security analyst Tayvano reported that scammers steal over $50 million weekly through account takeovers on the platform. 

She said these attacks have persisted for over a year without an effective response from the company. In addition, Coinbase recently introduced an encrypted messaging feature, which Tayvano claimed could provide scammers with a new way to target users directly.

Scammers often impersonate Coinbase employees, exploiting trust to access user accounts. The persistence of such tactics has intensified pressure on the exchange to implement stronger detection systems. Although Coinbase has issued advisories and security updates, concerns from cybersecurity professionals have not subsided.

SUI Slides Below $3.80: Is a 17% Crash on the Horizon?

Albert Brown
-
0
SUI Slides Below $3.80: Is a 17% Crash on the Horizon?

SUI breaks below $3.80 with bearish signals flashing, yet on-chain data shows record growth in users and TVL. Will fundamentals overpower fear?

With Bitcoin’s price crashing under the $103,000 mark, the altcoins market is under duress. Amid increasing pressure, SUI is down 6% today and warns of a near 17% crash. Will the Sui ecosystem expansion revert the technical signals?

SUI Price Analysis

SUI token is trading at a market price of $3.76, witnessing a pullback of nearly 6% over the past 24 hours. The pullback in SUI token breaks the 50-EMA in the 4-hour chart and the crucial support at $3.81. 

SUI Price Chart
SUI Price Chart

Furthermore, the breakdown of a long-coming support trendline marks the bearish outcome of a rising wedge. Supporting the downside risk, the 4-hour RSI line has dropped below the halfway level. This reflects a massive loss in bullish momentum, warning of a steeper correction. 

As the breakdown rally gains momentum, the immediate support stands at the 100-EMA at $3.64. This is followed by the 200-EMA dynamic support at $3.30.

Conversely, the bearish pattern will be nullified if SUI’s price manages to reclaim the broken trendline at the $4.00 level. In such a case, the altcoin could reach $4.29, followed by the psychological mark of $5.00.

Analyst Bets on Rising TVL Surge and Ecosystem 

Despite the short-term pullback, analyst Michael Van de Poppe remains highly optimistic about SUI. The analyst highlighted the bullish trend in the Sui price with a higher high formation. 

Image

As the SUI Total Value Locked hits  $2.06 billion, it marks a 70% surge over the past month and nears an all-time high. The ecosystem expansion is highlighted by the recent listing of the Walrus (WAL) token and the impressive monthly growth of the DEEP token on the ecosystem. 

The analyst argues that the WAL token is one of the strongest performers in the top 85 DePIN protocols.

SUI Total Accounts Hit 190 Million

Analyst Torero Romero shares the massive boost in Sui network activity. As per his tweet, the total number of accounts added over the past 30 days has increased by 35.24%, reaching 190.21 million. 

Image

As the number of accounts on the SUI ecosystem that have completed their first transaction increases, the overall network growth will likely fuel the SUI price rally.

Public Firms Have Already Amassed 196,000 Bitcoin in 2025, Exceeding Total Estimated 2025 Supply

Sam Wisdom Raphael
-
0
Public Firms Have Already Amassed 196,000 Bitcoin in 2025, Exceeding Total Estimated 2025 Supply

Public companies continue to aggressively accumulate Bitcoin at an unprecedented pace, with their purchases so far already exceeding the total estimated 2025 supply.

According to André Dragosch, European Head of Research at Bitwise, public corporations have already purchased 196,207 BTC in 2025, surpassing the new Bitcoin supply within the same timeframe.

Public Firms Purchase More Bitcoin Than Annual Supply

Particularly, the new Bitcoin supply has so far injected 60,044 tokens into the market, indicating that corporations have bought over 3.3 times that amount. More interestingly, their acquisitions already exceed the full year estimated annual issuance of 164,250 BTC.

Bitcoin Corporate Purchases vs New Supply Bitwise
Bitcoin Corporate Purchases vs New Supply | Bitwise

This intense accumulation trend is not limited to public firms alone. Investment vehicles like ETFs have also been relentless in their pursuit of Bitcoin, adding over 59,000 BTC to their holdings in 2025 alone. 

These acquisitions, worth more than $6.15 billion, contribute to the supply crunch narrative. With both institutional funds and corporate treasuries scooping up more Bitcoin than what miners are producing, a potential supply shock might be looming.

Bitcoin Acquisitions in May 2025 Alone

Recent acquisition data indicates that in May 2025, Twenty One Capital entered the discussion. Despite being a new entrant, the firm has quickly become one of the top corporate holders of Bitcoin, now ranking third among public companies with a Bitcoin balance of 31,500 BTC valued at approximately $3.2 million. 

Another notable buyer is Metaplanet, which purchased 1,241 BTC three days back. Similarly, companies such as KULR and Semler Scientific made significant entries in May, with KULR investing $4 million into Bitcoin.

No discussion of corporate Bitcoin accumulation is complete without spotlighting Strategy. The company continues to dominate the landscape, having bought 106,085 BTC in Q1 2025 alone.

About 197 Entities Now Hold Over 3M Bitcoin

In May, it increased its holdings by 15,285 BTC, bringing its total stash to a staggering 568,840 BTC, valued at approximately $58.3 billion. Strategy now ranks as the second-largest Bitcoin holder in the world, trailing only behind BlackRock’s iShares Bitcoin Trust ETF, which currently holds 625,054 BTC worth $64.08 billion.

Data from Bitcointreasuries.net reveals the magnitude of institutional involvement. Currently, 197 entities, including public and private companies, ETFs, governments, smart contracts, and custodians, collectively hold around 3.32 million BTC, representing over 16% of the circulating supply. 

ETFs and investment funds account for the largest chunk, with 1.343 million BTC. Public firms hold 786,857 BTC in their treasuries. Government holdings stand at 527,737 BTC, while private companies such as Tether, Block, and SpaceX control a combined 286,297 BTC.

Among public firms, MARA Holdings trails Strategy with 48,237 BTC valued at $4.94 billion, while Riot Platforms and Galaxy Digital follow with 19,211 BTC and 13,704 BTC, respectively. Strategy Chairman Michael Saylor has projected that 700 public companies will hold BTC by next year.

1...739740741...2,643Page 740 of 2,643