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The cryptocurrency market is reeling from the escalating public feud between US President Donald Trump and Tesla CEO Elon Musk. Total liquidations have surged in the past 24 hours, nearing $1 billion. 

Furthermore, the overall market capitalization has dropped, with seven of the top 10 cryptocurrencies posting losses today.

How Did The Trump-Musk Feud Impact the Crypto Market?

Tensions between Trump and Musk erupted over the latter’s criticism of the President’s tax and spending bill.

“This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it,” Musk posted on X.

The feud escalated as Trump dismissed Musk’s criticisms, accusing him of suffering from “Trump Derangement Syndrome.” Trump also threatened to revoke government subsidies and contracts for Musk’s businesses.

The dispute, which is playing out publicly on X, has introduced unpredictable variables into the market, including personal scandals and policy disagreements. 

Furthermore, it has also rattled investor confidence, with the market facing significant downward pressure. BeInCrypto data showed that over the past 24 hours, the total crypto market capitalization fell 5.1%.

Seven of the top ten coins have depreciated over the past day. Musk’s favorite, Dogecoin (DOGE), saw the sharpest fall of 7.9%, followed by Ethereum’s (ETH) 6.6% decline. 

Bitcoin (BTC) dipped 2.4% and fell below the $105,000 mark. The President’s meme coin was also negatively impacted. According to the latest data, Official Trump (TRUMP) was down 10.8%.

Top 10 Cryptocurrencies Performance. Source: BeInCrypto

This price drop triggered a wave of liquidations, as many leveraged positions were forced to close, amplifying volatility. According to Coinglass data, over the past 24 hours, total liquidations reached $988.09 million.

228,646 traders were liquidated during this period, highlighting the scale of the market’s reaction. Bitcoin bore the brunt of the sell-off, with liquidations amounting to $308.1 million for long positions and $33.8 million for shorts. Ethereum followed closely, recording $260.1 million in long liquidations and $26.3 million in shorts.

Long positions accounted for $888.7 million of the total liquidations, while short positions contributed $99.3 million, reflecting the intensity of the risk-off sentiment. 

Crypto Market Liquidations. Source: Coinglass

That’s not all. The Bitcoin Coinbase Prime Index, a key indicator of US institutional investor sentiment, also turned negative.

‘The Coinbase Prime Index just flipped negative, showing that US institutional investors and whales suddenly turned bearish. Let’s see how this plays out in the short term, but there’s a new narrative unfolding right now, just as the “Trade War” theme was starting to lose its impact,” an analyst wrote.

Meanwhile, some even suspect the feud is part of a larger plan to manipulate markets.

“Elon Musk and Donald Trump have created a fake ‘beef’ to push the markets lower. This is manipulation of the highest order. It’s insane to think they would do this,” a market watcher stated.

Will Bitcoin Benefit from the Trump-Musk Fallout?

Beyond the short-term volatility, the fallout has raised concerns about longer-term economic impacts. Musk has publicly warned of a potential US recession in the second half of 2025, attributing it to Trump’s tariff policies. 

“The Trump tariffs will cause a recession in the second half of this year,” the post read.

This warning aligns with broader market fears, as Trump’s trade policies have already contributed to market instability earlier this year. Despite this, some speculate that the breakdown in the Trump-Musk relationship could benefit Bitcoin.

“The downfall of Elon Musk and Trump’s relationship will be marked by the printing of money like we’ve never seen before. Bitcoin is going to fkn explode. Brace yourself,” a user claimed.

Kashif Raza, Founder of Bitinning, also explained that the dispute could have several implications for Bitcoin. His post explored various scenarios, such as Trump imposing sanctions or removing subsidies from Musk’s companies, Musk potentially being deported, or Musk opting for Bitcoin to bypass restrictions. It also considers the possibility of Musk accepting Bitcoin donations if he runs for office.

“In all possible scenarios, Bitcoin is winning because censorship resistance is one of its strong features,” Raza noted.

While it’s uncertain whether these scenarios will materialize, one thing is for sure: As the Trump-Musk feud continues, its ripple effects will likely keep the crypto market on edge.

Bitcoin exchange-traded funds (ETFs) recorded net outflows exceeding $250 million yesterday, extending the retreat from bullish momentum. This comes on the heels of a sharp 77% drop in net inflows the day before.

This pullback follows BTC’s drop below the psychological $105,000 price zone during Thursday’s trading session.

BTC Spot ETFs Bleed Capital Amid Price Drop to $101,000

On Thursday, Bitcoin spot ETFs recorded net outflows of $278.44 million. The capital exit extends the decline in bullish sentiment, beginning with a 77% drop in net inflows the previous day.

Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

This ETF sell-off followed the move lower in BTC’s price during that day’s trading session. The leading coin broke below the $105,000 support level and fell to an intraday low of $101,201, dampening investors’ sentiment. 

A sustained net outflow from BTC spot ETFs would signal weakening investor confidence and a shift in market sentiment. This can exert additional selling pressure on BTC, exacerbating the price decline.

Yesterday, ARK 21Shares’ ARKB led the pack with the highest daily outflows, totaling $102.02 million. Its total historical net inflow at press time is $4.67 billion.

Bitcoin Down as Futures Market Cools 

As of Friday, BTC is down another 2% on the day. During the same period, its futures open interest has also dipped 1%, suggesting traders are closing out positions rather than adding new leverage.

BTC Futures Open Interest. Source: Coinglass

Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not been settled. When it falls, traders are closing existing positions, signaling reduced market participation. This puts BTC at risk of further price drops.

Interestingly, despite the downturn, the options market remains notably resilient. Demand for call options (bullish bets) continues to outpace that for puts. When this happens, it suggests that traders are anticipating upward price movement and are positioning for a potential rally.

BTC Options Open Interest. Source: Deribit

The combined reading of the ETF flows and options sentiment indicates that while institutional capital is retreating, derivatives traders are watching for potential upside.

The crypto market is set for potential volatility as approximately $3.7 billion worth of Bitcoin and Ethereum options expire today.

With Bitcoin options totaling $3.1 billion in notional value and Ethereum options accounting for $588 million, traders are eyeing the expiration for its potential impact on prices.

Crypto Markets to See $3.7 Billion in Bitcoin, Ethereum Options Expire

According to data from Deribit, 30,750 Bitcoin options contracts will expire on June 6. This tranche is significantly smaller than last week’s 92,459 contracts.

These contracts have a put-to-call ratio of 0.7 and a maximum pain point of $105,000.

Expiring Bitcoin Options. Source: Deribit

Similarly, Ethereum’s options market is set to expire with 240,054 contracts. Today’s expiring Ethereum contracts have a put-to-call ratio of 0.63 and a maximum pain point of $2,575.

Expiring Ethereum Options. Source: Deribit

In crypto options trading, traders analyze put-to-call ratios to gauge market sentiment. Bitcoin’s put-to-call ratio indicates a prevalence of Call options rather than Put options, suggesting more bullish expectations. The same applies to Ethereum, whose put-to-call ratio is also below 1.

Notably, Bitcoin was trading for $102,769 as of this writing. Meanwhile, Ethereum exchanged hands for $2,456, with both assets below their Max pain levels.

The maximum pain point suggests that Bitcoin and Ethereum prices may hover around these critical levels as the options expire. This explains the bullish expectations as both assets remain below their strike prices. This could cause losses for both bulls and bears.

As these options settle, they could generate volatility, with the potential for sudden price shifts. However, this hinges on how the market reacts.

“Calls dominate up the curve. What do you expect to happen after the expiry,” analysts at Deribit posed.

Bitcoin Traders Bearish Short-Term, but Massive Options Bet Signals Q3 Optimism

Elsewhere, Bitcoin traders show signs of caution. This is likely attributed to the fallout between President Donald Trump and Elon Musk.

According to Greeks.live, most market participants remain bearish and expect further correction. The range of $105,000 to $109,000 is seen as a strong resistance zone. Many traders believe Bitcoin will struggle to break through it in the short term.

Volatility also remains unusually low, which creates a challenging environment for options traders. In response, many are selling short Call options that expire on June 7, particularly around the $108,000 to $109,000 level.

This strategy reflects the belief that Bitcoin will stay below that resistance in the near future. Some traders even use this approach as a longer-term rolling strategy.

Specifically, they anticipate a possible rise to $150,000 by the fourth quarter (Q4), but not before more short-term weakness or consolidation.

“Traders suggest implementing a short call spread strategy as a potential ‘flywheel’ for permanent rolling portfolio positions, with a view that BTC may reach $150K by Q4,” Greeks.live indicated in a post.

Many traders stay on the sidelines despite the temptation to buy into the market now. They await a deeper pullback before entering long positions.

Further, Greeks.live analysts also reported the largest crypto options block trade in history. The trade was valued at $1.19 billion, which involved 11,350 BTC and generated $7.5 million in premiums.

This trade was split into two parts. The first is a bullish spread for September, betting on both a price increase and higher volatility later this year. The second is a sale of July at-the-money (ATM) calls, signaling low expectations for upside in the short term.

However, the market remains quiet and uncertain ahead of today’s options expiry. Some traders are preparing for a major move later in the year. The massive options trade shows that while July may remain flat, there is growing confidence in a stronger Bitcoin rally by Q3.

Erbil Karaman, Co-Founder of Huma Finance, described the atmosphere of the much-anticipated $148 million dinner with US President Donald Trump as “charged and eventful.”

Most of the 220 attendees were “predominantly Asian,” while the food quality was “disappointing.” Despite this last detail, if he had the opportunity to do it all again, Karaman would “absolutely” do so.

Once-in-a-Lifetime Opportunity

As head of the cross-border payment financing platform Huma Finance, Karaman decided to acquire as many Trump tokens as needed to make the leaderboard and travel to the East Coast to see President Trump up close and personally. 

Karaman’s main motivator was frustration over regulatory stagnation around stablecoins. For him, this dinner highlighted “a critical moment where American leadership in financial technology hangs in the balance.” 

This is what he had to say about his experience. 

What was the preparation process?

I received a confirmation email on May 13 with details about the event, followed by a request to submit basic information for a security background check.

After completing the form, I received a call confirming attendance and checking whether I needed any accommodations. The entire process was smooth, professional, and thoughtfully handled.

Were any arrangements made for holders who wanted to stay completely anonymous?

Yes — a third-party service handled the security background checks, and we were assured that our information would remain confidential.

Only minimal details were requested. ID was required upon entry, but no one was asked to disclose their identity publicly. No professional camera equipment was allowed, and most attendees were respectful about privacy when taking photos or videos.

How was the atmosphere at the Trump crypto dinner?

The atmosphere was charged and eventful. Approximately 30 protesters gathered outside the venue, and security was extremely tight.

No vehicles were allowed inside; guests had to exit their cars in front of the protesters and were escorted through multiple security checkpoints before entering the clubhouse.

What were the highlights besides the President’s appearance?

Guests arrived early to secure tables near the stage, with each seat provided a gift bag containing Fight Fight Fight-themed hats, posters, and collectible cards.

The crowd of around 200 attendees was international, predominantly Asian, and included founders of leading crypto projects, investors, and influencers.

Following Trump’s speech, Justin Sun, who is the largest holder of Trump coins, took the stage, engaging the audience and introducing the Trump watch, which was gifted to the top four Trump coin holders.

Can you share any personal insights or experiences from the event?

The overall mood was optimistic, with attendees eager to hear Trump’s vision for US leadership in crypto innovation and regulation. Trump arrived by helicopter and delivered a 25-minute speech reaffirming his commitment to advancing the industry.

His lighthearted dance to the YMCA after the speech energized the crowd. On a side note, the food quality was disappointing, though Trump-branded wine was served.

Who were some of the most notable guests, besides Justin Sun?

Only a few recognizable celebrities were there, other than Justin Sun. Lamar Odom was the most recognizable as the tallest guy in the room.

Many prominent crypto founders from around the world were also in attendance, along with a diverse mix of investors.

Why did Justin Sun make a speech? What was it about?

Justin, as the #1 holder of $TRUMP meme coins, was invited to speak as an honorary guest. He expressed excitement about attending the event in D.C. alongside some of the strongest supporters of the crypto movement, including President Trump.

The Tron founder mentioned that this moment was something he never thought possible without Trump’s influence. He called on the international crypto community to unite behind Trump and his policies, emphasizing his continued personal support through the remainder of Trump’s presidency.

During the event, Justin was also presented with a collectible Trump watch on stage.

How long did the dinner last?

Doors opened at 5:30 p.m., dinner was served around 7:00 p.m., and President Trump delivered his remarks around 7:45 p.m. for about 25 minutes. The program wrapped up around 10:00 p.m., followed by an informal afterparty for additional networking.

Was there disappointment over Trump’s brief appearance?

The opportunity to attend and hear directly from President Trump about his vision for US leadership in crypto was valuable in itself.

Did you expect to speak with Trump personally before attending?

No, I didn’t have that expectation. With more than 200 guests in attendance, I understood it wouldn’t be feasible.

Was it a good networking opportunity?

Yes. I connected with crypto founders and investors from around the world, and even reconnected with some of Huma’s investors. Many of our global partners attended and were keen to better understand US crypto policy direction.

If you could do it again, would you become a top TRUMP holder to attend?

Absolutely. I believe it was a once-in-a-lifetime opportunity to witness the enthusiasm of a community looking to the US to lead such an important global financial revolution and to hear from Mr. President firsthand how he plans to support US-led initiatives to set an example globally.

Having spent the past week in Korea during election week, I’ve heard both sides of the political debate discuss how they plan to follow Trump’s pro-crypto policies.

Our partners in Korea specifically mentioned how much they wanted to be at the dinner, as they truly believe such US-led policies could open up global markets, especially during the economic slowdown we are currently facing.

Bitcoin’s price slipped to $101,579 today, down 3.5% in 24 hours and 4.5% over the past week, as nearly $1 billion in leveraged crypto positions were liquidated across major exchanges. 

The decline coincides with an intensifying political feud between Elon Musk and US President Donald Trump—an unusual but material factor spooking markets and triggering investor exits.

Nearly $1 Billion Liquidated as Market Reacts to Political Volatility

According to liquidation data, a total of $964.84 million in positions were liquidated over the past 24 hours, with $877.17 million of those being long positions. 

Bitcoin accounted for $243.29 million of the total, followed closely by Ethereum at $206.96 million. Over 225,000 traders were liquidated during the same period.

The abrupt unwinding of leverage highlights growing unease among market participants—many of whom are reacting to broader macro risks and the unexpected ripple effects of domestic US politics on digital asset markets.

Crypto Liquidations Heatmap. Source: Coinglass Trump-Musk Feud Sparks Volatility

The drop in Bitcoin’s price aligns with the public fallout between Elon Musk and President Trump, which escalated this week after Musk publicly criticized Trump’s $1.6 trillion “One Big Beautiful Bill Act.” 

Also, Musk accused the bill of ballooning the national deficit and cutting critical electric vehicle subsidies that directly affect Tesla.

In response, Trump threatened to cut off all federal contracts with Musk’s companies—including Tesla, SpaceX, and Starlink—triggering a 15% drop in Tesla’s stock price. 

Musk then retaliated with calls for Trump’s impeachment. He also alluded to Trump’s alleged ties to unreleased Epstein files.

Meanwhile, multiple sources have confirmed that top White House aides held emergency meetings today to assess the potential economic fallout. 

The high-profile conflict is now seen as a potential destabilizer for tech equities and digital assets alike. Crypto traders are apparently rushing to reduce exposure.

Overall, despite a broader risk-on environment driven by the anticipation of rate cuts later in 2025 and growing institutional participation in crypto, this political drama is clouding sentiment.

Will Bitcoin Hold the $100,000 Line?

Technically, Bitcoin now sits just above a key psychological support level at $100,000. 

A decisive breakdown below this level could trigger a fresh round of algorithmic selling and liquidation events. Especially with long overleveraged positions dominating the books.

If long liquidations continue at this pace, Bitcoin could test the $95,000–$98,000 range before finding meaningful support.

The Musk-Trump fallout reflects the increasing entanglement of crypto markets with global politics and legacy finance.Traders are now learning that Bitcoin’s volatility isn’t just a function of on-chain metrics or macroeconomic indicators. Billionaire feuds and legislative threats can also trigger volatility. 

Until tensions ease or markets find a new catalyst, Bitcoin’s short-term outlook remains fragile.

In a recent interview, Uber CEO Dara Khosrowshahi claimed that his company is considering accepting stablecoins as a payment option. He seemed exclusively interested in this sector, rejecting claims of investing in Bitcoin.

However, this isn’t the first time that Khosrowshahi claimed that Uber may accept crypto payments in the near future. He was very noncommittal in his statements, and there isn’t any sort of official roadmap or timeline yet.

Could Uber Accept Stablecoins?

Uber, a popular ride-sharing app, has shown repeated interest in blockchain technology and the Web3 industry. The firm has attempted to roll out digital money several years ago, but none of its efforts have stuck.

However, today’s interview shows that Uber’s CEO is still interested in such a plan, praising the benefits of stablecoins.

“We’re still in the study phase, but I think stablecoins are one of the more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value. Stablecoins are quite promising, especially for global companies that are moving money around globally, to create a mechanism for us to reduce costs,” Khosrowshahi claimed in an interview.

To be clear, Khosrowshahi stated that Uber’s interest lies almost entirely in stablecoins. He referenced the recent trend of corporate Bitcoin acquisitions but did not seem to approve of this strategy.

After all, the company has been doing well this year, and pivoting to Bitcoin can transform a firm’s entire business model. By contrast, stablecoins offer a concrete use scenario for Uber, as the company has a global client base.

Still, this isn’t the first time that Khosrowshahi planned to accept crypto payments. In 2022, he claimed that Uber would offer this service in the near future, but it never materialized.

Nonetheless, Uber’s stock valuation spiked briefly after the stablecoin interview. These gains largely receded in after-hours trading.

Uber Price Performance. Source: Google Finance

All that is to say, Uber hasn’t made any firm commitments whatsoever regarding this stablecoin plan. Hopefully, this tech giant will join the Web3 trend, giving the booming stablecoin market more everyday utility.

However, without firmer commitments, there’s no clear reason to believe that Uber will implement such plans.

Elon Musk and Donald Trump are finally falling out in the open, directing digs at each other over social media. A series of Musk-themed meme coins have risen in the event’s wake, but DOGE is down over 9%.

These are two of the most powerful men in the world, and each is a titanic figure in the crypto industry. This split could have broad ramifications for the entire ecosystem, especially meme coins.

Trump And Musk’s Friendship Rupture

Elon Musk has been a partner of Donald Trump’s crypto enterprises for several months now, but it looks like the pair’s relationship is falling apart.

Musk left D.O.G.E. several days ago, and he’s been voicing firm opposition to the “Big Beautiful Bill”, which includes major tax breaks and increased defence spending. Today, this bill ultimately triggered a broader fallout, with Trump publicly criticizing the Tesla CEO:

US President on Truth Social

Specifically, Musk’s disagreement with President Trump has centered around D.O.G.E., which was unable to deliver on its lofty promise of cutting government waste.

Meanwhile, Trump’s tax bill would promise billions in new tax cuts and government spending, directly undermining D.O.G.E.’s mission.

This prompted Musk to call Trump’s bill a “disgusting, massive, outrageous, pork-filled abomination,” encouraging followers to kill it. This “Kill the Bill” slogan has become a rallying cry and the name for several of today’s resulting meme coins.

Almost all of the trending meme coins on Solana DEX are now centered around Trump vs Elon Musk. Some of these tokens have even stacked nearly $7 million in market cap today.

Overall, this public spat has quickly spun out of control, with Musk obliquely accusing the President of pedophilia. As others have pointed out, this isn’t the first low in their business relationship.

In 2022, Trump claimed that Musk would be willing to “drop to [his] knees and beg” for government subsidies. After such insults, this sort of acrimony won’t resolve itself easily.

Dogecoin, the long-running meme coin, has become a personal favorite of Elon Musk, so it naturally fell after the Trump argument. Still, it could be worse.

Musk’s company, Tesla, dropped by a whopping 15%, so DOGE’s 9% losses seem smaller by comparison.

DOGE Price Performance. Source: BeInCrypto

Both President Trump and Elon Musk have become titanic figures in the crypto industry, so the meme coin craze around this sage is not surprising.

It’d be interesting to see how many more meme coins continue to cash-on this public dispute, and how long this saga continues.

Trump family’s World Liberty Financial (WLFI) issued a cease and desist order to FIGHT FIGHT FIGHT over its partnership with Magic Eden to launch a TRUMP Wallet. After the announcement, Magic Eden’s ME token fell by over 9%.

WLFI co-founder Donald Trump Jr. claimed that his firm is also planning to launch a crypto wallet bearing the President’s name and likeness. It’s unclear which company has the legal right to create such a product.

Who Can Launch a TRUMP Wallet?

President Trump has a sprawling crypto empire, but evidently, its constituent parts aren’t always in contact with each other.

Two days ago, Magic Eden announced that it was powering a TRUMP wallet, but two of Trump’s sons disputed any involvement with the project. Now, WLFI has filed a cease and desist order demanding an end to the project.

“The Trump Organization has zero involvement with this wallet product. Eric and I know nothing about it. Stay tuned—World Liberty Financial, which we have been working tirelessly on, will be launching our official wallet soon,” Don Jr. claimed over social media.

When this confusion first appeared, the crypto community hypothesized that this was simply a communication mixup. However, the TRUMP Wallet debacle runs a little deeper than that.

Bill Zanker, a longtime Trump associate, is the head of FIGHT FIGHT FIGHT, which issues TRUMP and runs other projects.

However, Zanker and FIGHT FIGHT FIGHT have no direct connection to WLFI or the Trump Organization.

The firm possesses a license to use Trump’s name and likeness for the meme coin, NFTs, and other projects, but the same people do not actually own it. With WLFI wanting to launch its own Trump Wallet, this caused a minor snafu.

Trump’s Crypto Empire. Source: Molly White A Convoluted Crypto Empire

For example, Don Jr. mentioned above that the Trump Organization had no knowledge of the wallet plan, but this company didn’t issue the cease and desist letter. It, World Liberty Financial, and FIGHT FIGHT FIGHT are all separate entities with overlapping employees, painting a confusing picture.

This incident has left a lot of things in flux. At the time of this writing, trumpwallet.com is offline, and its associated X account has been suspended.

It’s unclear which company will end up using Trump’s name for a crypto wallet and whether this could cause a schism between these businesses. Whatever happens, Magic Eden is the biggest loser, as its token dropped over 9%.

Magic Eden Price Performance. Source: CoinGecko

On one hand, it makes sense for Trump to segregate his disparate crypto ventures in this manner, as they’ve attracted a lot of criticism.

Meanwhile, the TRUMP Wallet debacle also shows the limitations of this group. Two companies both believe they’re entitled to use the President’s likeness for a similar project. Someone will need to resolve the dispute.

Ethereum has seen a period of consolidation under the resistance of $2,681 for the past month. Despite this, the price action has been relatively stable. 

However, with significant investor accumulation, led by Consensys and others, Ethereum might experience a turning point, potentially signaling a rise in price.

Ethereum Finds Demand From Investors

Investor sentiment has shifted in favor of Ethereum, with a noticeable uptick in accumulation since the beginning of June. After consistent selling toward the end of May, investors have bought over 300,000 ETH, amounting to $778 million since the beginning of June. This growing accumulation signals increased confidence in Ethereum’s future price potential.

One of the key players in this bullish sentiment is Consensys, which reportedly bought over $300 million worth of Ethereum from Galaxy Digital, according to Arkham. This move highlights rising conviction in Ethereum’s long-term value as large entities continue to secure their positions. As these institutional players show confidence in ETH, it could pave the way for broader investor trust.

Ethereum Exchange Net Position Change. Source: Glassnode

Looking at Ethereum’s macro momentum, the IOMAP indicator reveals a strong demand zone between $2,378 and $2,454. This zone holds over 65.11 million ETH, worth nearly $169 billion, making it unlikely for significant sell-offs to occur in the near future. This large accumulation provides stability and protection against sharp declines in Ethereum’s price, which is contributing to the growing bullish sentiment.

As Ethereum remains well-supported by these large investors, the accumulation pattern appears solid. The absence of selling pressure from holders in the demand zone reduces the risk of a drastic price correction, which could otherwise impact the price of ETH.

Ethereum IOMAP. Source: IntoTheBlock ETH Price Awaits Consolidation Breakout

Ethereum is currently trading at $2,611, still under the key resistance of $2,681. In order to break past this resistance, Ethereum will need further momentum, which could be driven by the ongoing accumulation and positive investor sentiment.

If the local support at $2,583 remains intact, ETH may successfully flip the $2,681 resistance level. Such a breakout would likely propel Ethereum toward the next resistance point at $2,814, extending its recent gains.

Ethereum Price Analysis. Source: TradingView

However, if broader market sentiment turns bearish or if selling pressure increases, Ethereum could see a dip to $2,500. A drop to this level would invalidate the bullish outlook and prolong the current period of consolidation, making it essential for ETH to maintain its support levels.

The US dollar fell to its 3-year low against the Euro and British Pound, possibly creating new opportunities for crypto as the global reserve currency hits new difficulties.

The European Central Bank again cut interest rates today, but the US has yet to do so. The dollar’s falling dominance reflects that decade-old fiat warning from Bitcoin’s creator, Satoshi Nakamoto.

Could Dollar Troubles Benefit Crypto?

The US dollar is the world’s most important fiat currency for several reasons: powering a massive consumer economy, the global flow of petroleum, US Treasury bonds, and more.

However, the dollar’s 3-year low could represent a problem for TradFi and an opportunity for crypto as de-dollarization fuels Bitcoin adoption worldwide.

US Dollar Reaches 3-Year Low. Source: MarketWatch

Despite a recent bullish report from the Atlanta Fed, warnings of a US recession are becoming increasingly apparent. The dollar is down relative to the Euro, British pound, and other currencies, while the crypto market is in a state of greed.

There are also distressing signals from the housing market, which could have very serious implications.

Nic Puckrin, crypto analyst and founder of The Coin Bureau, discussed these topics and more in an exclusive commentary shared with BeInCrypto. According to Puckrin, however, crypto is immune to some of these concerns in a way that the dollar is not:

“Even if we do experience stagflation, Bitcoin can still protect portfolios as it is increasingly being seen as a fallback option for investors fleeing US assets or losing faith in the US economy, and it is inflation-proof by design. Bitcoin is very different from the rest of the crypto market – there really are no other assets that possess the same safe-haven characteristics,” he said.

Puckrin described a Bitcoin maximalist vision for crypto investment, as Satoshi Nakamoto designed it to resist dollar turmoil.

Bitcoin and the whole crypto ecosystem were born out of the wreckage of the 2008 collapse, hence its strong emphasis on trustless, decentralized governance.

Unfortunately, today’s community can forget the hard experience that forged this ethos.

Questions of Governance

How are US institutions responding to the dollar’s trouble, especially compared to the crypto community? The European Central Bank lowered its interest rates today, which President Trump has repeatedly begged Fed Chair Jerome Powell to do.

However, it may not be that simple. The EU is an important consumer bloc and economic region, but the US is the bedrock of the modern economy.

If the Fed cuts rates now, it might exhaust its ability to respond to future crises. After all, it can’t cut rates below zero, and it only has so many tools to use.

Meanwhile, institutional investors are fleeing the dollar and largely moving to Bitcoin.

Investors Turn Bearish on the Dollar. Source: The Kobeissi Letter

Furthermore, President Trump’s insistence on imposing tariffs may be a complete mistake. Despite tariff relief pumping the US economy, he recently announced plans to impose them on the EU.

Similarly, Trump reported positive negotiations with President Xi today, but threatened sanctions on China less than a week ago.

These chaotic trade policies are causing havoc on the dollar, whereas crypto liquidations are at a relative low. All this discord reaffirms the reasons that Satoshi built Bitcoin to be separated from the world’s governments.

Trustless and leaderless, Bitcoin is immune to concerns that highly impact nation-states. Puckrin predicts this to fuel BTC investment:

“We could see the split that already exists between Bitcoin and altcoins intensifying, as investors turn to Bitcoin as a store of value, but shun more speculative, risky assets like altcoins. The only other safe haven options would be real-world assets (RWAs), like gold-backed tokenized assets, for example,” he claimed.

Still, although there are very bearish signs, the crisis hasn’t fully matured yet. If a savvy investor wants to pull assets from dollars into crypto before further devaluation occurs, there’s still time.

Ultimately, there’s no absolute way to predict which way the market will go.

Following years of anticipation, Shiba Inu’s Layer-2 (L2) solution Shibarium launched on August 16, 2023. Despite being designed to bring speed, scalability, and reduced costs to SHIB holders, network data shows that Shibarium’s daily activity has significantly lagged behind competing L2 networks like Base, Arbitrum, and Optimism.

This piece looks at how Shibarium has performed this year and what its slow growth means for the wider Shiba Inu ecosystem, especially for BONE, the token that powers Shibarium, and SHIB itself.

Shibarium’s User Engagement Falters After Meme Market Rally

According to Shibariumscan, Shiba Inu’s L2 network had an unimpressive start to the year. In the first quarter of 2025, daily active addresses on the network were relatively low, showing little user engagement. 

It was not until April that activity began to pick up on Shibarium. This spike in network usage was driven by the surge in meme coin activity across the broader crypto market. 

For context, between April 10 and May 10, the meme coin market capitalization rose 56% as demand for these assets rocketed.

Riding that wave, Shibarium saw a surge in activity, peaking at over 21,000 daily active addresses on May 12, its year-to-date high. However, this momentum did not last. 

As the meme coin market mania began to fade in late May, user activity on Shibarium also declined. By June 5, the number of daily active addresses had fallen to around 9,000—a drop of more than 55% in just three weeks.

Shibarium Daily Active Accounts. Source: Shibariumscan Why Shiba Inu’s Layer-2 Network Is Falling Behind Other L2s

This pattern of user activity on Shibarium suggests a lack of sustained utility or use cases that keep users engaged beyond speculative trading. 

In an exclusive interview with BeInCrypto, Dominick John, an analyst at Kronos Research, noted that while Shibarium experiences “bursts of community-driven activity,” it still lags behind other Layer-2 networks like Base, Arbitrum, and Optimism. 

“Those networks benefit from robust ecosystems and composability in DEFI beyond the memecoin hype. For Shibarium to stand out, it must evolve and cultivate a unique DeFi ecosystem that delivers long-term value,” John explained. 

According to John, Shibarium’s muted growth “reflects project-specific hurdles, limited dApp adoption, ecosystem fragmentation, and fierce L2 competition more than meme-token fatigue.”

On-chain data from DefiLlama confirms this narrative. Currently, Shibarium hosts just 18 decentralized finance (DeFi) projects— a stark contrast to more established Layer-2s like Base and Arbitrum, which support 549 and 741 projects, respectively.

Shibarium DeFi Projects. Source: DefiLlama

Lynn C., SONEX’s CMO, echoes the same sentiment. Lynn acknowledges that meme-token fatigue may be partially responsible for Shibarium’s slow adoption, but emphasizes that much of the challenge lies in project-specific scaling strategies. 

“On one hand, there is certainly meme-token fatigue in the market as users look for more utility-driven projects. On the other hand, Shibarium’s growth challenges may be specific to how the network is structured and its approach to scaling. There’s no one-size-fits-all solution, and different projects take different paths toward growth,” she said.

Despite its challenges, Shibarium has introduced utility benefits to the Shiba Inu ecosystem. John noted, “Shibarium has strengthened the Shiba Inu ecosystem by enabling cheaper transactions, supporting SHIB burns, and giving BONE real utility.”

For Lynn, the L2 “has added an important component to the Shiba Inu ecosystem by offering a Layer-2 network that promises to scale transactions and reduce costs.”

BONE Token Struggles Amid Shibarium’s Slow Adoption 

BONE serves as the primary gas token, facilitating transactions and enabling users to interact on Shibarium. With fewer transactions taking place on the L2, the practical need for BONE as gas has diminished. This lack of on-chain utility has impacted the token’s market performance, falling 38% YTD. 

BONE YTD Performance. Source: TradingView

John echoed this concern, stating that, “from a market-making perspective, token utility needs to translate into recurring on-chain demand and transactional velocity. At this stage, BONE demonstrates some early use cases, but it has yet to establish consistent capital retention across the ecosystem.”

On the other hand, Lynn holds a more cautiously optimistic view of BONE. In her words:

“BONE has certainly played a role within the Shiba Inu ecosystem, but like many tokens, it’s still working on building its utility beyond speculative trading. It’s common for newer tokens to find their footing as they grow and develop more use cases. The demand for tokens like BONE will evolve as the ecosystem matures and as more opportunities for real utility emerge.”

For the SHIB meme coin, Shibarium’s lackluster performance also has its impacts.

“If Shibarium fails to scale meaningfully, SHIB holders face several risks: reduced utility due to low transaction volume and limited dApp adoption, weaker SHIB burn rates, and stagnating token value,” John added.

Lynn, on the other hand, struck a slightly more optimistic tone. According to her:

“If Shibarium doesn’t scale, it could slow down the momentum of the broader Shiba Inu ecosystem, especially in terms of user adoption and network effects. However, it’s important to remember that blockchain and DeFi projects face various challenges as they grow, and Shibarium’s trajectory will likely continue to evolve as the team adapts to feedback and market needs.”

The growing trend of public crypto treasuries has sparked a race among altcoins. Each one vies to be the top choice for companies and institutions looking to establish strategic reserves.

In this race, the XRP community offers several arguments highlighting XRP’s superiority. What are those arguments? This article dives in and explains.

More Companies are Listing XRP as a Treasury Asset

Recently, Webus International, a China-based company, filed Form 6-K with the U.S. Securities and Exchange Commission (SEC). The filing confirmed a plan to build a $300 million strategic reserve focused on XRP.

Webus is not alone. VivoPower International also announced a $121 million XRP reserve plan. Meanwhile, Wellgistics has invested $50 million in XRP.

According to a recent report from BeInCrypto, VivoPower also plans to acquire $100 million worth of XRP through BitGo’s over-the-counter (OTC) desk.

The list keeps growing. Other companies such as Ault Capital Group (ACG), BC Bud Corporation (BCBC), Worksport (WKSP), and Remixpoint have all made similar moves.

These actions suggest that large companies worldwide increasingly view XRP as a strategic financial reserve asset.

What Drives Businesses to Choose XRP for Strategic Reserves?

Companies choose Bitcoin as a strategic reserve because they believe in its value-storing capability during inflation. But what motivates them to select altcoins instead?

Altcoins are more volatile and often depend heavily on the transparency and actions of their development teams.

Each altcoin offers a unique value proposition. XRP’s supporters believe they have solid reasons to trust it.

Austin King, co-founder of OmniFDN, suggests that companies might want to integrate XRP into their international payment systems.

They believe XRP’s fast transaction speed and low cost make it ideal for cross-border payments. This could help businesses improve financial efficiency and enhance transparency in global services, like Webus’s ride-hailing platform.

“Most people will see this and think it’s primarily about price speculation, but that’s not really the key thing that is happening here — the real strategy here is to latch onto these rapidly growing crypto networks to share in their growth,” said Austin King.

Analyst Pumpius offers another perspective. He believes this is not just speculation but a strategy to practically leverage the XRP ecosystem. One key development is the integration of RLUSD—Ripple’s stablecoin—into Ripple’s payment solutions.

“XRP isn’t being treated as a crypto — but as an asset for settlement architecture. Webus isn’t betting on price. They’re betting on utility,” Pumpius said.

These arguments are gaining traction, especially as experts predict the GENIUS Act will likely pass. If approved, it could pave the way for RLUSD’s growth.

As of June 2025, RLUSD has a market cap of $369 million. It is designed to support fast, low-cost cross-border transactions, complementing XRP and helping build a more robust financial ecosystem.

Every transaction using RLUSD on the XRP Ledger (XRPL) requires XRP as a transaction fee. This gradually reduces the supply of XRP, which could drive its long-term value.

What are the Risks of Holding XRP as a Strategic Reserve?

Still, XRP remains a highly volatile digital asset. Its price history reveals it dropped over 80% in two major downturns: 2018 and 2021. This raises serious concerns for companies using XRP as part of a strategic reserve.

XRP Price Volatility Over the Past Three Months. Source: BeInCrypto

Investor expectations may also be outpacing real-world data. For example, the total value locked on XRPL is under $60 million. On-chain activity has dropped sharply, and the number of validator nodes remains low.

This suggests the network may not yet be ready for global-scale adoption.

In addition, experts are warning about the risks of the Public Crypto Vehicles trend. Many companies are using crypto accumulation to boost their stock prices.

However, they may be ignoring the long-term consequences if the value of their altcoin holdings drops significantly.

After its major IPO launch, Circle is now a public company trading under the CRCL ticker. Its initial stock price is $31 per share.

This marks the first-ever major stablecoin company to go public in the US. The company’s USDC is currently the 7th largest cryptocurrency, with a $61.4 billion market cap.

Stablecoin Enters Wall Street

Circle’s effort to launch an IPO has been a hotly anticipated development in the crypto industry. Just yesterday, the firm substantially increased its target goals, raising the per-share price and offering 8 million additional shares.

Today, Circle’s listing on the NYSE makes it a public company, signaling a new era and the end of its IPO.

In addition to showing his gratitude, Allaire commented on a few ways that going public could transform Circle.

He claimed that the firm was founded on the premise of remaking the global economic system in a digitally native fashion and always anticipated this project taking decades. After 12 years, going public is a sign that the mission is making real progress.

Although Circle is not the largest stablecoin issuer, it’s been making impressive progress in the last few weeks. Its trading volume recently hit an all-time high, and cross-chain bridging transactions also broke records this week.

Circle aimed to raise over $1 billion with its IPO, and going public today signals its rapid success at achieving this task.

Still, becoming a public company won’t necessarily change Circle’s day-to-day operations yet. Allaire didn’t mention any changes in the firm’s leadership or commit to any bold new initiatives.

He spoke of continuing to transform the global economic system but emphasized that this is a long-term vision.

A few possible options for Circle might be using its new resources to substantially upgrade its technological infrastructure or compete for Tether’s share of the stablecoin market.

With Circle’s success in going public, the crypto industry might have a rising major player on its hands.

XRP has been on a rebound since the start of June, attempting to erase the losses it sustained in May. At press time, the token trades at $2.19

However, this upward momentum may be at risk as XRP long-term holders (LTHs) are using the rally as an opportunity to sell for profit.

XRP’s Short-Term Rally at Risk as Dormant Wallets Reactivate

Along with its price, XRP’s liveliness has risen since June began, suggesting that LTHs are viewing the recent price rebound as an opportunity to offload their holdings. According to Glassnode, the metric closed June 3 at 0.809. 

XRP Liveliness. Source: Glassnode

Liveliness tracks the movement of previously dormant tokens. It does this by measuring the ratio of an asset’s coin days destroyed to the total coin days accumulated. When it falls, LTHs are moving their assets off exchanges, which is often a bullish sign of accumulation.

On the other hand, when an asset’s liveliness climbs, more dormant coins are being moved or sold, signaling increased profit-taking by long-term holders.

For XRP, readings from its Liveliness confirm that its LTHs are now transferring or selling their holdings, increasing the likelihood of a correction in the near term.

Notably, this shift is largely attributed to a recent rise in the amount of XRP supply currently in profit, incentivizing some holders to take gains while the market is favorable. 

XRP Percent Supply in Profit. Source: Glassnode

Per Glassnode, after falling to a multi-month low of 79% on May 31, the metric has surged, with 82% of XRP holders now sitting on unrealized gains at press time.

As XRP rallies and more traders find themselves in profit, the incentive to sell increases, potentially triggering a wave of sell-offs that could put downward pressure on the token’s price and stall its recent rally.

Will Profit-Taking Stall the Rally or Fuel a Breakout?

Increased token circulation from LTHs typically precedes heightened selling pressure, which can dampen any XRP short-term rallies. 

If the current profit-taking trend continues, the altcoin’s price could retrace significantly, potentially falling below $2 to trade at $1.99.

XRP Price Analysis. Source: TradingView

However, if the bulls strengthen their dominance, they can sustain the price rally and push XRP toward $2.29, potentially surpassing it.

Crypto-linked US stocks are back in the spotlight today, with notable gains from Cipher Mining (CIFR), Abits Group (ABTS), and Bit Digital (BTBT).

The trio is riding a wave of investor optimism following a series of positive ecosystem updates.

Cipher Mining (CIFR)

Cipher Mining shares are gaining pre-market after the company released its May 2025 operational update, which showed continued strength in its Bitcoin mining activities. 

During the 31-day period, the company mined approximately 179 BTC, sold 64 BTC, and held 966 BTC at month’s end. Cipher also reported 75,000 deployed mining rigs and a 13.5 EH/s hashrate, signaling solid operational efficiency and scale.

The company also confirmed that it has secured the remaining rigs to utilize the 150 MW capacity at Black Pearl fully. Once deployed, this expansion is expected to push the company’s total hashrate to around 23.1 EH/s.

CIFR trades at $3.73 at press time, up 9% today. The stock’s climbing Relative Strength Index (RSI) confirms that market demand backs the price rally. This momentum indicator currently sits at 61.88 and is climbing.

This RSI setup confirms the growing buying pressure among pre-market traders. If this trend continues, CIFR could surge to $4.03.

CIFR Price Analysis. Source: TradingView

However, a dip in demand could trigger a price fall toward $3.48.

Abits Group (ABTS)

Abits Group recently released its unaudited Q1 FY2025 results, which showed a strong gross profit margin of 46.1% despite a 17.2% revenue decline year over year. 

The company’s mining operations produced 18.86 coins during the quarter—a 50% drop attributed to the April 2024 Bitcoin halving—but higher average BTC prices helped maintain profitability, with gross profit coming in at $0.82 million.

ABTS exchanges hands at $4.09, up 7% today. On the four-hour chart, the stock’s Chaikin Money Flow (CMF) has bounced off its neutral line and is now in an upward trend. It currently stands at 0.05, reflecting the growing buying pressure.

If demand soars, ABTS could extend its gains and climb to $4.76.

ABTS Price Analysis. Source: TradingView

On the other hand, if selloffs strengthen, the stock’s value could dip to $3.17. 

Bit Digital (BTBT)

Bit Digital is also seeing upside in pre-market trading following news that its high-performance computing (HPC) subsidiary, WhiteFiber Inc., finalized the acquisition of a 96-acre, approximately 1 million-square-foot industrial facility in Madison, North Carolina.

BTBT trades at $2.67, up 7% pre-market. During the review period, the stock’s trading volume also increased.

If buying momentum persists, the stock’s value may rally to $2.81.

BTBT Price Analysis. Source: TradingView

However, a resurgence in selling pressure could erase recent gains and push BTBT back toward the $2.54 support zone.

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to read what experts say about Bitcoin (BTC) adoption, as the pioneer crypto’s influence in mainstream finance grows. Meanwhile, the ballooning US debt continues to undermine confidence in fiat currency, strengthening the case for Bitcoin as a hard, decentralized alternative and potential global reserve asset.

Crypto News of the Day: Keiser Predicts Tesla and Coinbase Execs Are Shifting to Bitcoin Maximalism

After featuring in multiple US Crypto News publications, Bitcoin advocate and financial commentator Max Keiser has shared more insights with BeInCrypto.

The Bitcoin pioneer believes that two of the world’s most powerful tech leaders, Elon Musk and Brian Armstrong, are about to make a decisive ideological shift toward Bitcoin maximalism.

In exclusive comments to BeInCrypto, Keiser suggested that both the Tesla CEO and the Coinbase founder may soon drop their relatively cautious stance in favor of full support for Bitcoin as the world’s reserve asset.

“Elon and Brian are about to shift from Bitcoin agnostics to full-blown Bitcoin maximalist mode,” Keiser told BeInCrypto.

Keiser’s outlook is rooted in deep concerns about the fragility of fiat currencies. He argued that the fundamental flaw in today’s monetary systems lies in using “worthless paper currency” as the denominator for global commerce. In his view, Bitcoin solves this problem.

“The problem has always been the denominator. You can’t build an economy on worthless paper currency, backed by nothing, that can be infinitely printed. Making Bitcoin the denominator for the global economy solves this problem,” he added.

Keiser’s remarks come amid heightened anxiety about the US fiscal trajectory. President Donald Trump’s proposed “Big Beautiful Bill” includes massive spending increases, which have drawn criticism across the political spectrum for threatening to expand the national debt to unsustainable levels.

Coinbase CEO Brian Armstrong weighed in on a post on X (Twitter). He warned that unless Congress acts to reduce the deficit and start paying down the debt, Bitcoin could organically emerge as the global reserve currency.

“If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over as reserve currency,” Armstrong wrote.

Mounting Fiscal Pressure Drives Bitcoin Sentiment

Tesla CEO Elon Musk echoed those concerns, warning in another post that the US government is dangerously close to being financially consumed by debt service.

“Interest payments already consume 25% of all government revenue. If the massive deficit spending continues, there will only be money for interest payments and nothing else,” Musk warned.

The total accrued US debt now sits at $37.5 trillion, with a formal ceiling of $36.2 trillion expected to be lifted to $40 trillion by September.

US Debt ceiling. Source: Peter G Peterson Foundation

Musk responded to these developments by calling the new bill “the Debt Slavery Bill,” arguing that it marks the largest debt ceiling increase in US history.

A recent US Crypto News publication indicated Bitcoin’s position as a life raft amid rising US debt. In the same way, Keiser believes this backdrop of monetary instability is creating the perfect storm for Bitcoin.

If Musk and Armstrong publicly pivot toward Bitcoin maximalism, it could dramatically shift public and institutional sentiment.

“When BlackRock talks Bitcoin with clients, they downplay the risk-on and digital gold narratives. Instead, they highlight BTC’s role as a hedge against monetary, political, and system instability. The rationale is evolving—so is the investor base: pensions, sovereigns, institutions,” wrote Jamie Coutts, chief crypto analyst at Real Vision.

While the US has so far avoided default, past near-misses have proven damaging. In 2013, a debt limit showdown cost the US economy an estimated 1% of GDP.

As interest payments balloon and political gridlock persists, Bitcoin’s fixed supply and decentralized structure increasingly stand out as an alternative monetary anchor.

With fiscal uncertainty accelerating and crypto leaders drawing clearer lines, Keiser’s prediction may soon be tested.

Charts of the Day

US Debt Ceiling. Source: Fred

This chart illustrates the rising US federal debt from 1970 to 2025, showing a steady increase over the years.

US Debt Over Time. Source: Peter G Peterson Foundation

The chart shows that the US public debt is projected to reach 156% by 2055, according to the Congressional Budget Office.

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

Pi Network has faced a downtrend followed by a consolidation phase that has prevented the altcoin from posting any meaningful gains. 

While consolidation often precedes a breakout, the pressure from broader market cues may complicate this for Pi Network in the short term.

Pi Network Investors Are Trying

The Chaikin Money Flow (CMF) indicator is showing signs of an uptick, which suggests inflows into Pi Network after nearly a week of low investor activity. The CMF sits above the zero line, signaling that investors are starting to regain confidence in the potential for recovery. 

This shift in sentiment could indicate that holders are optimistic about potential gains and are taking advantage of the current low prices. However, while the CMF reflects some optimism, it does not guarantee a breakout. The uptick may be short-lived if market conditions do not align.

Pi Network CMF. Source: TradingView

Pi Network’s macro momentum remains challenged by broader market conditions. The Moving Average Convergence Divergence (MACD) indicator shows that the altcoin is still struggling with bearish momentum. The presence of red bars on the MACD histogram, although fading, indicates that selling pressure remains in the market. 

A bullish crossover on the MACD would be needed to signal that Pi Network is ready for a more substantial price move. Until this occurs, Pi Network’s price is likely to remain trapped within its current range.

Pi Network MACD. Source: TradingView PI Price Faces Challenge

Currently, Pi Network is trading at $0.64, facing resistance from broader market conditions. Despite this, the cryptocurrency is holding steady, suggesting that investors are fighting against negative sentiment to keep the price afloat. The consolidation phase indicates that a potential breakout could be on the horizon if positive momentum gathers.

There is a higher likelihood of Pi Network climbing and breaching the $0.71 resistance level. If the current investor optimism continues, a rise past this point could lead Pi Network to reach $0.78.

Pi Network Price Analysis. Source: TradingView

However, if Pi Network falls below the crucial support levels of $0.61 and $0.57, the price could slip to $0.51, invalidating the bullish thesis. Investors will need to monitor these levels closely to determine if Pi Network can break free from its consolidation phase or if further declines are imminent.

Cryptocurrency, particularly Bitcoin (BTC), has often been touted as having the potential to deliver massive gains for investors. However, many now believe Bitcoin could also be the key to retiring early.

With its impressive growth and the promise of long-term value, Bitcoin offers a unique opportunity for those seeking financial independence. Thus, some experts have outlined several strategies for achieving retirement through Bitcoin investments.

How Much Bitcoin Do You Need to Retire with $100,000 Annually?

David Battaglia, a cryptocurrency analyst, recently shared a detailed analysis on X. He presented a model that estimates the amount of Bitcoin required to retire with $100,000 per year by factoring in two key elements. 

First, a 7% annual inflation rate is considered, which adjusts for the increasing cost of living and the decreasing value of money over time. Second, the model uses a Bitcoin price model based on a 5th percentile power regression. This provides a conservative estimate of Bitcoin’s future value.

Bitcoin Retirement Strategy. Source: X/DavidBattaglia

The data shows that the number of BTC needed for retirement is influenced by the year in which retirement begins and the individual’s age. The earlier the retirement date, the more BTC is required. 

For example, someone aged 35 and planning to retire in 2030 would require approximately 4.41 BTC ($460,000 at current prices). 

“This implies that the price of Bitcoin in 2030 would be high enough for 4 BTC to be worth an amount that, when invested or spent gradually, would provide you with $100,000 annually,” Battaglia said.

Battaglia explained that if investors withdraw 4% or its inflation-adjusted equivalent annually (common in Financial Independence, Retire Early), those 4 BTC should be worth at least $2,500,000 in 2030. That means each BTC should be worth $584,112 in 2030.

“The key is inflation and Bitcoin’s price growth: The model adjusts the value of $100,000 for a 7% annual inflation, meaning that the purchasing power of $100,000 in 2030 will be lower than in 2025. Additionally, the price of Bitcoin grows according to the regression model, which reduces the amount of BTC needed over time (the descending lines),” he added.

He suggested two primary methods to access this income: selling Bitcoin gradually over time or entrusting the assets to an institution for a fixed annual payout. 

However, he cautioned against the risks of third-party custody. Battaglia also emphasized the importance of tax strategy, recommending residency in a zero-tax jurisdiction like Paraguay to maximize returns.

“What is clear is that we are getting closer to the point where the price of Bitcoin will provide financial independence for holders for the rest of their lives. The bad news is that there isn’t enough Bitcoin for those who don’t take action in the coming years. We also assume a very modest Bitcoin price for 2030,” he remarked.

Complementing Battaglia’s approach, an analyst who goes by the pseudonym Hornet Hodl has developed a Bitcoin calculator inspired by the FIRE model used in traditional finance. 

This tool incorporates various Compound Annual Growth Rate (CAGR) models tailored to Bitcoin’s unique market cycles. The calculator allows users to project Bitcoin’s future value and determine sustainable withdrawal rates based on different growth scenarios. 

“This is a great retirement planning tool for Bitcoiners. Choose a model, choose when you are going to retire, estimate the amount,” Fred Krueger stated.

For instance, Model 6, which uses a conservative median line of the Power Law, balances early-stage price growth with diminishing returns in later years, ensuring realistic projections for retirement planning. 

Retirement Planning With Bitcoin. Source: Bitcoin FIRE Calculator

This tool helps investors estimate how much Bitcoin they need and how to withdraw funds without depleting their portfolio. By smoothing out yearly returns with CAGR, Hodl’s calculator provides a practical framework for long-term retirement planning with crypto.

Could Bitcoin Lead to Early Retirement? Mark Moss Explains His 5-Year Plan

Meanwhile, Mark Moss offers a distinct strategy focused on tax efficiency and asset preservation. In a YouTube video, Moss outlined a “5-year retirement plan.” 

It involves accumulating Bitcoin, leveraging it for tax-free loans, and using the asset’s growth to generate wealth without depleting the principal. 

“The rich use debt to leverage investments and create additional income streams. While the average person uses debt to buy things that make rich people richer. Don’t do it that way. We want to be able to buy assets that make us more wealthy. Okay, let’s talk about the cheat code. Now, the cheat code is Bitcoin,” Moss said.

Moss argues that this method allows the Bitcoin portfolio to continue appreciating while providing a steady income stream. He claims this approach can lead to retirement in as little as five years, as the borrowed funds can cover living expenses while the underlying asset grows in value, potentially leaving a legacy for future generations.

“We believe that by the end of that runup in about 5 years, Bitcoin will be about the same size of global store value assets as gold. Bitcoin and gold will be about on par, about 20 trillion each,” he claimed.

Nonetheless, not everyone agrees with crypto’s retirement potential. Sibel, a crypto trader, argued that it’s nearly impossible to “retire” from crypto.

“You can’t ‘retire’ from crypto. Have you ever seen someone from our industry that made it and left?  Except people that had to ran away. Even these people turned back with newly created accounts. You became too attached to gambling at some point that it’s impossible to leave,” she noted.

She highlighted how even high-profile figures who made millions briefly left the industry, only to return seeking more wealth and clout. Sibel suggests that the crypto space functions like an endless casino, where individuals can never fully break free from the trading cycle, no matter how much they’ve earned. The lure of profit and recognition keeps people tethered to the industry, regardless of their initial intentions to retire.

In conclusion, Bitcoin offers a unique opportunity for early retirement through various strategies, from David Battaglia’s inflation-adjusted model to Mark Moss’s tax-efficient approach. 

Tools like the Bitcoin FIRE calculator also help investors plan their retirement. However, as Sibel points out, the crypto market’s addictive nature may make it difficult for some to step away fully. While Bitcoin can provide a path to financial independence, it requires careful planning, market understanding, and discipline.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. The strategies discussed are speculative and may not materialize as expected. Cryptocurrency investments are highly volatile and involve significant risks. Always conduct thorough research and consult with a financial advisor before making any investment decisions.

Meme coin market noted a decline today falling by 3% to stand at $63.5 billion at the moment. Nevertheless, one meme coin managed to escape the bearishness and post gains, Launchcoin on Believe.

BeInCrypto analyzed two other top meme coins for investors to watch, where they could be heading despite the decline.

Fartcoin (FARTCOIN)

Launch Date – October 2024

Total Circulating Supply – 999.99 Million FARTCOIN

Maximum Supply – 1 Billion FARTCOIN

Fully Diluted Valuation (FDV) – $914.59 Million

Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

FARTCOIN has experienced a significant 11.8% drop, making it one of the worst-performing altcoins today. Trading at $0.90, it has slipped below the support of $0.91, reflecting ongoing bearish momentum. Despite this, there are still opportunities for recovery depending on how the market responds in the coming days.

The Ichimoku Cloud suggests bearish trends as it has yet to move above the candlesticks. However, this also indicates that FARTCOIN may have room for recovery if it can reclaim $1.00 as support. Low price accumulation could be key in helping the meme coin stabilize and rise.

FARTCOIN Price Analysis. Source: TradingView

If the decline persists, FARTCOIN could fall to $0.80. This would further extend the meme coin’s losses and invalidate the bullish outlook.

Brett (BRETT)

Launch Date – March 2024

Total Circulating Supply – 9.90 Billion BRETT

Maximum Supply – 9.99 Billion BRETT

Fully Diluted Valuation (FDV) – $490.50 Million

Contract Address – 0x532f27101965dd16442e59d40670faf5ebb142e4

BRETT slipped by 9% over the last 24 hours, trading at $0.049, and is holding above the crucial support of $0.047. Although this price drop may raise concerns, the altcoin may not experience further decline if the support holds. Market sentiment remains cautious, but there is potential for recovery.

The Chaikin Money Flow (CMF) is currently showing an incline, signaling that inflows are strengthening. If the CMF flips above the zero line and confirms bullish momentum, BRETT could rebound from its support of $0.047 and aim for a recovery, potentially pushing to $0.052 and beyond.

BRETT Price Analysis. Source: TradingView

However, if the decline continues, BRETT could lose the $0.047 support level. A slip below this support would likely push the meme coin to $0.042, deepening losses and invalidating the optimistic forecast for the altcoin’s short-term performance.

Small Cap Corner – Launchcoin on Believe (LAUNCHCOIN)

Launch Date – January 2025

Total Circulating Supply – 999.87 Million LAUNCHCOIN

Maximum Supply – 1 Billion LAUNCHCOIN

Fully Diluted Valuation (FDV) – $143.04 Million

Contract Address – Ey59PH7Z4BFU4HjyKnyMdWt5GGN76KazTAwQihoUXRnk

LAUNCHCOIN is up 15.6% over the last 24 hours, trading at $0.142, making it the best-performing meme coin. Despite this growth, investors should remain cautious as underlying risks persist.

The coin’s performance could be influenced by investor sentiment, as volatility in meme coins remains common. Rugcheck data shows that only 20% of LAUNCHCOIN’s liquidity pool is locked, while 85% of the supply is controlled by just 656 wallets, even though the token has over 32,290 holders.

LAUNCOIN Analysis. Source: Rugcheck

Despite this, investor interest continues to grow, and LAUNCHCOIN could potentially breach $0.149, which would serve as a crucial support level for further price movements toward $0.219.

LAUNCOIN Price Analysis. Source: TradingView

The Parabolic SAR remains above the candlesticks, signaling bearish momentum. If selling pressure increases, LAUNCHCOIN could fall below its support of $0.114, leading to a decline. This would invalidate the bullish outlook, highlighting the importance of closely monitoring market conditions.

Over 60% of addresses lost money in Pump.fun trades, with 1,700 wallets down over $100,000.

Meanwhile, hype is building around its upcoming PUMP token launch, which is already putting pressure on Solana.

Over 60% of Addresses Lost Money in Pump.fun Transactions

A detailed analysis of Pump.fun trading data reveals a harsh reality behind the meme coin mania. According to data compiled on Dune Analytics, more than 60% of addresses engaging with the Solana-based token launchpad have incurred substantial losses.

Specifically, of 4.257 million addresses that traded more than 10 Pump.fun tokens in the past six months, around 2.4 million addresses (56.6%) posted cumulative losses between $0 and $1,000.

Meanwhile, nearly 1,700 addresses lost more than $100,000, and 46 wallets suffered losses exceeding $1 million.

Pump.fun losses statistics for traders over the past 6 months. Source: Dune Analytics

In contrast, only around 5,000 addresses turned a profit of over $100,000, and just about 311 wallets exceeded $1 million in gains.

The most common profit range, between $0 and $1,000, was seen in 916,500 wallets (21.5%).

Pump.fun profit statistics for traders over the past 6 months. Source: Dune Analytics

This suggests that most profitable participants still walked away with modest returns. These figures highlight the extreme wealth disparity in meme coin speculation on Pump.fun.

Full PnL chart of Pump.fun traders. Source: Dune dashboard

Analyst Miles Deutscher echoed the profit-and-loss (PnL) breakdown in a post on X (Twitter), showing a May 2025 PnL chart.

The data shows that 51.06% of wallets (166,590) lost more than $500, while only 0.0015% (five wallets) earned between $50,000 and $100,000.

With this, he issued a satirical remark that “Pump.fun is good for crypto.” This casts doubt on the platform’s net benefit to the crypto space.

Bot Activity, Skewed Profits, and the High Cost of Meme Coin Speculation

Pump.fun, launched as a user-friendly meme token launchpad on Solana, allows users to create tokens for under $2. However, recent reports indicated questionable practices.

BeInCryptorecently reported that trading bots are inflating volume on Pump.fun, possibly exacerbating manipulation and exit liquidity risks. The analysis cited suspicious patterns where certain bots consistently profit by frontrunning retail trades, raising transparency concerns.

In the same tone, another report, which cited Solidus Labs research, indicated that 98% of tokens on Pump.fun were flagged as scams or show fraudulent trading activity, with only 1.4% maintaining real liquidity.

Pump.fun’s upcoming PUMP token launch adds to the frenzy. The team plans to raise $1 billion via a community-driven token model, further intensifying debate about the platform’s long-term intentions.

“Pump.fun was the darling of the 2025 crypto bull run, but the memecoin frenzy has fizzled out now, so it may find demand for the token sale is much more lackluster than it is anticipating – not least because retail investors are still sitting on the sidelines, and pump.fun is a retail product first and foremost,” Alice Shikova, marketing lead at digital identity platform SPACE ID  told BeInCrypto.

While some see the PUMP token as legitimizing, analysts warn of a capital rotation risk for Solana, as speculators may divert funds from existing projects.

BeInCrypto reported that the anticipated token launch is already placing downward pressure on SOL, Solana’s native token, as traders rebalance portfolios in anticipation.

“[Pump.fun token] has some negative impact on SOL (at least in the short term), as there will be some rotation into PUMP – as many people used the SOL token as a proxy to get upside to the on-chain fee generation derived from Pump Fun,” Deutscher shared in a post.

Despite its easy-to-use platform and viral appeal, Pump.fun remains controversial. The UK banned the site in 2024 and faced a lawsuit in January 2025, adding regulatory uncertainty to an already volatile market.

In light of this, data challenges the narrative that Pump.fun democratizes finance, with 95.6% of wallets (312,191) having either broken even or lost money.

Alongside the platform’s dwindling revenues, the average user’s experience resembles more of a speculative trap than an on-ramp to wealth.

As the PUMP token launch approaches, traders may want to heed the numbers amid a meme coin sector where not everyone gets to ride the rocket.