Bitcoin is getting useful again as Bitget Wallet launches a crypto-backed Mastercard in the UK and EU. The new card lets users spend digital assets like BTC at over 150 million merchants globally, directly from their wallets.
Real-time crypto-to-fiat conversion with no fees makes it easier than ever to use Bitcoin for daily purchases.
JUST IN: Bitget partners with Mastercard to launch a #Bitcoin and crypto card.
Mastercard can be used at 150 million merchants 
pic.twitter.com/NORus65onr
— Bitcoin Magazine (@BitcoinMagazine) July 1, 2025
Backed by Immersve’s infrastructure and compliant with Mastercard’s standards, this bypasses traditional banking hurdles and is aimed at Gen Z users, especially in underserved regions.
The US isn’t included yet due to regulatory constraints, but the rollout may expand. This is redefining Bitcoin from an asset to a currency.
Key features:
On-chain funding
Real-time conversion
0.1% FX fee for EU investors
Staking for ETH and SOL
Deutsche Bank and UK Firms Add BTC to Holdings
Deutsche Bank is going deeper into the digital asset space. With Taurus and Bitpanda, the bank plans to launch a full crypto custody service by 2026. The project also includes tokenized payments and a stablecoin.
NOW: Deutsche Bank to launch its #crypto custody service in 2026.
Marking a major leap into digital assets by one of Europe’s biggest banks. pic.twitter.com/mQMkV0uNnl
— The Crypto Times (@CryptoTimes_io) July 1, 2025
UK-based The Smarter Web Company added 230 BTC to its treasury, now holding 773 BTC worth $82.6 million. The company recently raised $62 million and has set aside over $52 million for more BTC buys. Its goal is to build a 10-year Bitcoin reserve strategy.
UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC https://t.co/Ib7yllpYv4
— Metatron Apps-OTC $MRNJ (@MetatronInc) July 1, 2025
Together, these institutional moves show growing confidence in Bitcoin’s long-term role in the financial system, providing structural demand beyond the speculative cycles.
Technical Analysis: Bitcoin Eyes Breakout Above $107.8K
Bitcoin is at $106,351, recovering from the 61.8% Fibonacci retracement level at $103,270. The rising trendline from the June 23 low near $99,775 is intact and price is testing the 50-EMA at $106,898.
Bitcoin Price Chart – Source: Tradingview
MACD is flattening and showing early signs of a bullish crossover. A close above $106,786 could be a move to $107,832 and $108,979.
If $105,431 fails as support, watch for a deeper pullback to $104,338 or $103,271.
Bitcoin Trade Idea:
Support: $105,431, $104,338, $103,271
Resistance: $106,786, $107,832, $108,979
Bias: Bullish above $104,300
Institutional demand, increasing retail use, and better charts for now.
BTC Bull Token Nears $8.8M Hard Cap as Presale Enters Final Hours
With Bitcoin trading near $105,000, investor focus is shifting toward BTC Bull Token ($BTCBULL), a rising altcoin that is nearly fully allocated during its presale. As of today, the project has raised $7,844,655 of its $8,873,431 target, leaving under $1 million to be raised before the token price moves to the next tier.
Currently priced at $0.002585, early buyers have a limited time to enter before the subsequent price increase takes effect.
Bitcoin-Linked Tokenomics and Burn Mechanism
BTCBULL ties its value directly to Bitcoin’s price through two smart systems:
BTC Airdrops: Distributed to holders, with priority for presale participants.
Supply Burns: Triggered automatically when BTC rises in $50,000 increments.
APY: 55% annually
Lockups: None
Liquidity: Immediate
Total Pool: 1,925,149,417 BTCBULL
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income. With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.
The post Bitcoin Price Prediction: $107K Holds as Mastercard, Deutsche Bank, and UK Firms Drive Demand appeared first on Cryptonews.
