Author: Monicah W

News

Bit Digital’s Stock Rises After Securing $162.9 Million for Ethereum Treasury Strategy

Monicah W

Bit Digital’s (BTBT) stock prices rose after the firm announced that it raised an additional $21.4 million after the underwriters of the public offering fully exercised the option to purchase an extra 11.25 million ordinary shares.

This addition brings the total proceeds from the offering to approximately $162.9 million. The company plans to use the funds to accumulate Ethereum (ETH) as part of its overhauled business strategy.

Ethereum Push Drives Bit Digital’s Stock Price Higher

BeInCrypto previously reported that Bit Digital, initially a Bitcoin (BTC) mining company, transitioned to an Ethereum staking and treasury management company. As of Q1 2025, the firm held 24,434.2 ETH and planned to convert its 417.6 BTC into ETH. 

To further increase its Ethereum position, Bit Digital launched a $150 million public offering on June 26. According to the press release, the firm offered 75 million ordinary shares at $2 per share.

Moreover, as part of this offering, the underwriters were granted a 30-day option to purchase an additional 11.25 million shares. They fully exercised this option, raising an additional $21.4 million in net proceeds. Thus, the company sold a total of 86.25 million shares.

“The net proceeds to the Company from the underwritten public offering, including the full exercise of the underwriters’ option to purchase additional ordinary shares, are approximately $162.9 million, after deducting the underwriting discount and estimated offering expenses payable by us. The Company intends to use the net proceeds from this offering to purchase Ethereum,” the firm noted.

Notably, the announcement gave the stock prices the much-needed upward push. Although the news of the transition and offering were initially met with declines, the successful fundraising triggered a rise in stock value. 

Google Finance data showed the BTBT closed at $2.3, marking a 5.48% increase. Moreover, the price rose further by 2.6% in pre-market trading.

Bit Digital (BTBT) Stock Performance
Bit Digital (BTBT) Stock Performance. Source: Google Finance

The rise in stock prices mirrors the pattern observed in firms’ stocks that have adopted a Bitcoin-focused strategy. This shows that, alongside BTC, Ethereum is also gaining institutional and investor confidence as an asset class.

In fact, BitMine’s earlier announcement to commit $250 million toward an ETH treasury led to a dramatic 684.8% increase in its stock price, highlighting the strong market sentiment and investor appetite for Ethereum-focused strategies.

This rise could be attributed to increased optimism in ETH’s price potential. Many anticipate that the growing stablecoin momentum and validator upgrade could drive prices higher. However, broader market conditions have put a slight pressure on ETH’s latest rally. 

Ethereum Price Performance
Ethereum Price Performance. Source: BeInCrypto

BeInCrypto data showed that the altcoin’s price declined 0.82% over the past day. At the time of writing, Ethereum was trading at $2,444.

The post Bit Digital’s Stock Rises After Securing $162.9 Million for Ethereum Treasury Strategy appeared first on BeInCrypto.

News

Bitcoin’s Supply Shifts to Weaker Hands—Is a Sell-Off Next?

Monicah W

Amid Bitcoin’s recent struggle to stabilize above the critical $105,000 price level, on-chain data has revealed a trend. 

The total circulating supply held by short-term holders (STHs) has surged significantly over the past few days, a signal that historically leans bearish for the coin’s near-term price action.

BTC Under Pressure as Weak Hands Accumulate

According to Glassnode, the total supply of coins held by BTC STHs plunged to a year-to-date low of 2.24 million coins on June 22 and has since rebounded strongly. At 2.31 million, these newer or more reactive investors, typically called “weak hands” or “paper hands,” have bought 70,000 coins.

BTC Total Supply Held by Short-Term Holders
BTC Total Supply Held by Short-Term Holders. Source: Glassnode

STHs are investors who have held their coins for less than 155 days. The group is historically known for being more sensitive to price fluctuations. Therefore, when their accumulation spikes, an asset is at risk because they will likely exit the market quickly at the first sign of uncertainty, amplifying volatility.

Additionally, data from Glassnode confirms that this trend occurs alongside a slight reduction in holdings by Long-Term Holders (LTHs). According to the data provider, their total supply holdings have dipped by 0.13%. 

BTC Total Supply Held by Long-Term Holders
BTC Total Supply Held by Long-Term Holders. Source: Glassnode

As these investors offload some of their coins, the market’s underlying support may weaken. This makes BTC more susceptible to sharp price swings in the near term.

BTC Struggles Under Bearish Weight

The lengthening red bars of BTC’s BBTrend reflect the steady buildup in bearish pressure. This consistent growth signals that sellers are gradually regaining market control, with downward momentum intensifying.

The BBTrend measures the strength and direction of a trend based on the expansion and contraction of Bollinger Bands. When it returns red bars, the asset’s price consistently closes near the lower Bollinger Band, reflecting sustained selling pressure and hinting at the potential for further downside.

If this continues, the coin could extend its decline and plummet to $104,709.

BTC Price Analysis.
BTC Price Analysis. Source: TradingView

On the other hand, if demand spikes, it could push BTC’s price above $107,745 and toward $109,310.

The post Bitcoin’s Supply Shifts to Weaker Hands—Is a Sell-Off Next? appeared first on BeInCrypto.

News

Vitalik Buterin at EthCC: Keep Crypto Open, Don’t Follow OpenAI’s Closed Path

Monicah W

At the EthCC 2025 conference, Ethereum co-founder Vitalik Buterin delivered a sobering yet visionary address. He urged the crypto space to pause and reflect on what it’s building—and why.

Buterin emphasized that decentralization isn’t just a branding slogan—it’s a foundational value that empowers users with freedom.

Crypto Industry is at an Inflection Point: Vitalik Buterin

Vitalik Buterin believes that the crypto industry is at an inflection point.

“Growing the crypto space is not a clear good. The clear goal is to build the right kind of thing. We need a philosophical shift,” Buterin stated.

Vitalik Buterin at EthCC. Source: BeInCrypto

He highlighted several pressing concerns in the ecosystem: Layer 2s with instant upgrade “backdoors,” decentralized exchanges with questionable mechanics, and dApp frontends that are vulnerable to server-side compromises. As a practical solution, he advocated for immutable frontend hosting via static HTML on IPFS.

Buterin also warned against superficial fixes in privacy and governance. From governance models that auction off votes to identity systems where zero-knowledge proofs fail to protect users under coercion, he argued for a more holistic and rigorous approach.

“Think of privacy as a feature to add, instead of thinking it as a bug to reduce,” he said.

A key litmus test, he noted, is resilience: “If a company disappears, do your users still have their assets?”

Buterin also reflected on broader trends in tech, drawing a comparison to Android. While Android brought Linux to the masses, he questioned whether it truly empowered users.

“The default Android phone has a bunch of spyware… It’s an ecosystem that is very mixed,” he noted.

However, he said that crypto should not follow that same path—something that just goes up in value and then fades.

Buterin stressed that open source, censorship resistance, and user freedom should not be optional.

“We don’t need to be like OpenAI,” Buterin remarked.

The BeInCrypto team is present at the EthCC event and witnessed firsthand Buterin’s call for crypto builders to return to first principles—freedom, resilience, and meaningful decentralization.

The post Vitalik Buterin at EthCC: Keep Crypto Open, Don’t Follow OpenAI’s Closed Path appeared first on BeInCrypto.

News

Public Firms Outpace ETFs in Bitcoin Accumulation for Third Straight Quarter

Monicah W

Public companies are taking a more aggressive stance on Bitcoin (BTC) than even the much-celebrated exchange-traded funds (ETFs). For the third consecutive quarter, they acquired more BTC than ETFs in Q2 2025.

The trend signals a broader strategic shift among corporate treasuries to adopt Bitcoin as a balance sheet asset.

Corporate Treasuries Take the Lead in Bitcoin Accumulation

Barely a month ago, BeInCrypto reported that more than 60 companies are following MicroStrategy’s Bitcoin playbook, with the report coming ahead of the second quarter (Q2) closing.

Based on the latest findings, public companies continue to uphold the MicroStrategy playbook, progressively mainstreaming the strategy in a crypto-friendly US regulatory environment.

According to data on Bitcoin Treasuries, public companies increased their BTC holdings by roughly 18% in Q2, adding approximately 131,000 BTC.

Exchange-traded funds, by comparison, despite their popularity since the US Bitcoin ETF approval wave in January 2024, only expanded their holdings by 8%, or around 111,000 BTC, during the same period.

Entities holding BTC
Entities holding BTC. Source: Bitcoin Treasuries

The trend marks a clear divergence in buyer behavior. While ETFs typically serve investors seeking price exposure to Bitcoin through regulated financial products, public companies acquire BTC with a longer-term strategic mindset.

They aim to increase shareholder value by holding BTC as a reserve asset or to gain exposure to what many view as digital gold.

This shift is particularly significant in the context of US policy. Since President Donald Trump’s re-election, the regulatory environment has shifted in favor of the crypto industry.

In March, Trump signed an executive order establishing a US Bitcoin reserve. This symbolic but powerful move eliminated much of the reputational risk associated with corporate BTC holdings.

The last time ETFs outpaced companies in BTC acquisition was in Q3 2024, before Trump’s return to office.

New Corporate Entrants Signal Broader Adoption of Bitcoin Treasury Strategy

This Q2 surge included some high-profile moves, including GameStop. The electronics company, once at the center of retail trading frenzies, began accumulating BTC after approving it as a treasury reserve asset in March.

Similarly, Healthcare firm KindlyMD merged with Nakamoto, a Bitcoin investment company founded by crypto advocate David Bailey.

Meanwhile, ProCap, Anthony Pompliano’s new investment vehicle, announced its own BTC accumulation strategy while preparing to go public via SPAC.

Nevertheless, Strategy (formerly MicroStrategy) remains the undisputed leader in the corporate Bitcoin race with 597,325 BTC under management. Mara Holdings follows, holding 49,940 coins.

Top public Bitcoin treasury companies
Top public Bitcoin treasury companies. Source: Bitcoin Treasuries

Combined, public companies now hold approximately 855,000 BTC, about 4% of Bitcoin’s fixed supply cap of 21 million.

ETFs still hold more in absolute terms (around 1.4 million BTC or 6.8%), but corporate buying momentum has been stronger in recent quarters.

Bitcoin in treasuries
Bitcoin in treasuries. Source: Bitcoin Treasuries

While the long-term sustainability of the corporate Bitcoin rush is up for debate, the short-term momentum is unmistakable.

As Bitcoin becomes more normalized, traditional institutional investors may bypass proxies such as ETFs and treasuries, eventually gaining direct exposure through regulated channels. Still, corporate treasuries are acting as a powerful new mechanism for pushing Bitcoin forward.

With the regulatory climate aligned and equity markets offering new ways to access capital, companies are leveraging their balance sheets not just to hedge, but to outperform.

The post Public Firms Outpace ETFs in Bitcoin Accumulation for Third Straight Quarter appeared first on BeInCrypto.

News

PENGU Pumps 50% as Bulls Take Charge Post-Breakout

Monicah W

Meme coin Pudgy Penguins (PENGU) is today’s top gainer, jumping nearly 10% in the last 24 hours despite a broader market pullback. 

Today’s rally adds to the bullish momentum that began after the altcoin broke out of its descending parallel channel on June 27. Since then, PENGU has surged by over 50%, marking one of the strongest recoveries among meme coins over the past month.

PENGU Breaks Out, Hits 50% Gains

Readings from the PENGU/USD one-day chart show that between May 14 and June 26, the altcoin traded within a descending parallel channel. 

PENGU Descending Parallel Channel.
PENGU Descending Parallel Channel. Source: TradingView

This pattern emerges when an asset’s price makes successive lower highs and lower lows, moving between two downward-sloping parallel trendlines. It reflects a downtrend as selling pressure spikes and bullish sentiment weakens. 

However, things shifted on June 27 when PENGU closed above this channel and initiated a rally afterwards. Now trading at $0.015, the meme coin’s price has since climbed by 50%.

PENGU Flashes Strong Buy Signals

Technical indicators show PENGU is poised to extend these gains in the short term. For example, the token’s Aroon Up Line is at 100% as of this writing. This means PENGU’s current uptrend is strong, backed by significant demand and not driven by speculative trades. 

PENGU Aroon Up Line
PENGU Aroon Up Line. Source: TradingView

An asset’s Aroon Indicator measures the strength and direction of a trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure. 

As with PENGU, when the Aroon Up line is at 100%, the asset has recently hit a new high, signaling strong upward momentum and a dominant bullish trend. This suggests that buying pressure is high, and the price may continue rising.

Moreover, the setup of the token’s Moving Average Convergence Divergence (MACD) indicator supports this bullish outlook.  At press time, PENGU’s MACD line (blue) rests above the signal line (orange), highlighting the bullish strength in the market.

The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines. 

As with PENGU, when the MACD line crosses above the signal line, it signals positive momentum, suggesting that buying activity is increasing. Traders interpret this setup as a buy signal, which could add more upward pressure on the meme coin’s price.

PENGU Eyes $0.017 Breakout as Bulls Push Higher

If current momentum holds, PENGU could soon attempt to break above its next resistance level at $0.017 and flip it into a support floor. 

A successful breach of this price zone could propel the altcoin toward $0.019.

PENGU Price Analysis
PENGU Price Analysis. Source: TradingView

Conversely, failure to maintain the current trend could trigger a PENGU token price dip to $0.012.

The post PENGU Pumps 50% as Bulls Take Charge Post-Breakout appeared first on BeInCrypto.

Crypto Market Slides As Trump Dismisses Extending Tariffs Deadline

Monicah W

As the July 9 deadline for tariff negotiations approaches, President Donald Trump has ruled out the possibility of extending the pause on tariffs. His firm stance has caused turbulence in the crypto markets, with the top coins experiencing notable declines. This decision comes as Trump continues to press for trade agreements with several nations, including

The post Crypto Market Slides As Trump Dismisses Extending Tariffs Deadline appeared first on CoinGape.

XRP Lawsuit News: Can The SEC Vote To Continue Appeals Process In Ripple Case?

Monicah W

XRP-Lawsuit-News-SEC

The post XRP Lawsuit News: Can The SEC Vote To Continue Appeals Process In Ripple Case? appeared first on Coinpedia Fintech News

There’s a lot of confusion floating around the internet about the ongoing Ripple vs SEC case, with some posts claiming the SEC has already dropped its appeal against Ripple. However, the facts tell a different story.

To set the record straight: a judgment has already been made, and Ripple has decided to drop its cross-appeal. But as for the SEC’s appeal, it hasn’t officially been dismissed yet. Former SEC lawyer Marc Fagel clarified that both parties still need to file formal paperwork to dismiss their appeals. While it seems certain this will happen, the SEC is still going through its internal approval process.

SEC Appeal Still Pending

When a social media user asked whether there’s a chance the SEC might vote to continue its appeal, Fagel explained that the SEC had already agreed to dismiss it as part of a prior settlement plan, though that plan was contingent on the court vacating an injunction, which didn’t happen. Now, there’s no reason for the SEC not to move ahead with dropping the appeal outright.

[post_titles_links postid=”447484″]

Ripple Cross-Appeal Dropped

Once the SEC completes its internal vote, both the SEC and Ripple will jointly file papers to officially end the appeals. At that point, the district court’s judgment will take full effect, and this long-running legal chapter will finally close.

This clarification follows Ripple CEO Brad Garlinghouse’s recent statement, where he announced, “Ripple is dropping our cross-appeal, and the SEC is expected to drop theirs, as they’ve previously said. We’re closing this chapter once and for all and focusing on what’s most important — building the Internet of Value.”

Until the formal paperwork is filed, the appeals process technically remains open, though all signs point to its official end in the coming weeks.

[article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]

FAQs

What exactly happened with the SEC and Ripple in their lawsuit?

The SEC sued Ripple in December 2020, alleging that XRP was an unregistered security. A judge ruled in July 2023 that XRP itself is not a security when sold on exchanges, but institutional sales did violate securities laws. Ripple recently decided to drop its cross-appeal, and the SEC is expected to follow suit, aiming to close the long-running legal battle.

What is the current outlook for XRP’s value after the lawsuit’s expected resolution?

The outlook for XRP’s value after the lawsuit’s expected resolution is cautiously optimistic. Many anticipate a significant price surge once the legal cloud is fully lifted, potentially due to increased institutional investment, new partnerships, and even the possibility of a spot XRP ETF, with some analysts predicting targets up to $5.81 or higher.

The post XRP Lawsuit News: Can The SEC Vote To Continue Appeals Process In Ripple Case? appeared first on Coinpedia Fintech News
There’s a lot of confusion floating around the internet about the ongoing Ripple vs SEC case, with some posts claiming the SEC has already dropped its appeal against Ripple. However, the facts tell a different story. To set the record straight: a judgment has already been made, and Ripple has decided to drop its cross-appeal. …

Best Meme Coin to Buy Right Now as 65% of Shiba Inu (SHIB) Holders Sink into Losses

Monicah W

lilpepe-shib

The post Best Meme Coin to Buy Right Now as 65% of Shiba Inu (SHIB) Holders Sink into Losses appeared first on Coinpedia Fintech News

What’s the next breakout token that can deliver real gains? For Shiba Inu (SHIB) holders, the answer has become painfully urgent. Recent data shows that nearly 65% of SHIB investors are currently sitting on losses, despite the token’s once-historic surge during the 2021 bull market. That has prompted both retail and smart-money investors to shift their attention elsewhere. And right now, the meme coin attracting the most buzz and momentum is Little Pepe (LILPEPE)—a rising star that’s rapidly becoming the go-to asset for those looking to get in early on the next potential Dogecoin or Shiba Inu-style run.

The SHIB Dilemma: Big Name, Fading Gains

According to data from the IntoTheBlock website, the number of Shiba Inu wallets holding losses has skyrocketed. A total of 65% of all investors are currently in the red, putting them in the lead. In contrast, only 32% of investors are seeing a profit at this level, and 3% are sitting at breakeven, meaning the coins last moved around the price at which the meme coin is currently trading. While the established trend suggests that the Shiba Inu price will continue to decline, pushing more investors into losses, the CoinCodex prediction indicates a change in the tide. The 5-day prediction sees an 8.8% rise to $0.00001278 in the new week.

coincodex-price-chart

The unfortunate reality is that those seeking a 10x or 50x return are unlikely to find it by continuing to hold SHIB. Enter Little Pepe (LILPEPE)—a new meme coin that’s not only grabbing headlines but is backed by real innovation and growing investor confidence.

Little Pepe (LILPEPE): Where Momentum Meets Utility

What sets Little Pepe apart from the typical meme coin hype machine is its unique blend of viral branding and genuine blockchain utility. It’s not just another frog-themed token hoping to catch lightning in a bottle. Instead, LILPEPE is being developed as the first-ever Layer 2 blockchain dedicated entirely to meme coins, offering unmatched speed, low fees, and resistance to sniper bots. The platform also includes a meme coin Launchpad—a tool that allows new meme tokens to be created and launched seamlessly within the LILPEPE ecosystem. This positions LILPEPE not just as a token, but as the backbone of the next wave of meme-based cryptocurrencies. And the response has been massive.

lilpepe-now

Within just weeks of launching its presale, Little Pepe has already sold out two stages, raised over $2.3 million, and is now in its third presale phase, priced at $0.0012 per token. Demand continues to surge as the project confirms listings on two top centralized exchanges (CEXs), with plans also underway to debut on the world’s largest crypto exchange. This move could send its price soaring once it hits the open market.

Viral Growth Amplified by Massive Giveaway

LILPEPE’s clever marketing isn’t just about technical innovation. The team has also launched the “Little Pepe $777K Giveaway”, which will see 10 winners each receive $77,000 worth of LILPEPE tokens. This high-stakes promotion has sent engagement through the roof and attracted tens of thousands of new eyes to the project. This level of attention—and the momentum behind it—mirrors the early stages of previous meme coin breakouts. However, with a clearer roadmap, a solid tech foundation, and a price point still under a penny, LILPEPE appears to be the next logical move for those seeking to escape stagnant assets like SHIB.

A Better Entry Point for Bigger Gains

What makes LILPEPE especially attractive to new and seasoned crypto investors is its favorable risk-to-reward profile. With SHIB, most of the massive growth has already occurred, and further upside is limited unless it achieves mainstream adoption on a massive scale. Meanwhile, LILPEPE offers early entry into a project with a small market cap, high community energy, and a real chance to lead a meme coin renaissance. As meme coins remain a central fixture in the speculative side of crypto, LILPEPE offers everything investors look for—low cost, high upside, technical uniqueness, and the kind of virality that turns small buys into massive windfalls.

Conclusion: Don’t Be Late Again

Many watched from the sidelines as Dogecoin and SHIB turned small investments into six- or seven-figure fortunes. By the time most people jumped in, the significant gains had already been lost. Now, the market is giving investors another chance—but this time, it’s coming from Little Pepe (LILPEPE). With SHIB struggling and 65% of its holders underwater, now might be the best time to make a switch. LILPEPE is not just hype—it’s backed by innovation, already selling out presale stages, and gearing up for major listings that could send it to the moon.

If you missed the first meme coin revolution, LILPEPE might just be your shot at redemption.

For more information about Little Pepe (LILPEPE) visit the links below:

The post Best Meme Coin to Buy Right Now as 65% of Shiba Inu (SHIB) Holders Sink into Losses appeared first on Coinpedia Fintech News
What’s the next breakout token that can deliver real gains? For Shiba Inu (SHIB) holders, the answer has become painfully urgent. Recent data shows that nearly 65% of SHIB investors are currently sitting on losses, despite the token’s once-historic surge during the 2021 bull market. That has prompted both retail and smart-money investors to shift …

XRP Enters Grayscale’s NYSE-Listed Digital Asset ETF, Eyes on Pending 17 XRP ETF Filings

Monicah W

Ripple News

The post XRP Enters Grayscale’s NYSE-Listed Digital Asset ETF, Eyes on Pending 17 XRP ETF Filings appeared first on Coinpedia Fintech News

The crypto world woke up to big news today as XRP officially became part of the SEC-approved Grayscale Digital Large Cap ETF. This move means, for the first time in nearly five years of legal battles between the SEC and Ripple, everyday investors in the U.S. can now gain exposure to XRP through a regulated investment product on the New York Stock Exchange.

The Grayscale ETF includes multiple major cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, and XRP, making it the biggest multi-token crypto ETF in the market. Many in the crypto space are calling this a massive moment for XRP, hinting it could soon clear the path for individual spot XRP ETFs to be approved next.

Crypto analysts and XRP supporters are celebrating as this approval signals a shift in the SEC’s stance toward XRP. Around 17 more XRP ETFs are reportedly waiting for SEC approval. While the exact number isn’t officially confirmed, multiple applications are in line, and today’s development has significantly increased the hope that more approvals could start rolling in over the coming months.

Why does this matter?

Until now, U.S. investors faced hurdles buying XRP through exchanges due to regulatory uncertainty and the ongoing Ripple-SEC lawsuit. With this new ETF, investors can simply buy shares backed by XRP, just like any traditional stock, without dealing with crypto exchanges or wallets.

This move could bring massive inflows of capital into XRP, as institutional investors and traditional traders who previously avoided direct crypto exposure can now safely invest in it.

At the same time, XRP’s price chart is tightening, showing signs of a breakout setup. If Bitcoin rallies and market conditions remain strong, XRP could soon make a major move upward.

The post XRP Enters Grayscale’s NYSE-Listed Digital Asset ETF, Eyes on Pending 17 XRP ETF Filings appeared first on Coinpedia Fintech News
The crypto world woke up to big news today as XRP officially became part of the SEC-approved Grayscale Digital Large Cap ETF. This move means, for the first time in nearly five years of legal battles between the SEC and Ripple, everyday investors in the U.S. can now gain exposure to XRP through a regulated …

Senate Passes Donald Trump’s Big Beautiful Bill

Monicah W

Senate Passes Donald Trump’s Big Beautiful Bill

The post Senate Passes Donald Trump’s Big Beautiful Bill appeared first on Coinpedia Fintech News

The U.S. Senate has passed President Donald Trump’s massive $3.3 trillion spending bill, nicknamed the “Big Beautiful Bill.” While it still requires approval from the House, the crypto world is already buzzing about what this could mean for Bitcoin, Ethereum, and beyond.

Santiment reported that crypto markets are showing a clear bullish bias following the Senate’s narrow approval of the bill. According to their update, Bitcoin miners could benefit from the bill’s inflationary implications, while Elon Musk has expressed frustration over the legislation. Despite its controversy, the bill is fueling optimism across the crypto sector.

Bitcoin Could Shine Amid Soaring Debt

The bill would significantly raise the U.S. national debt, triggering inflation concerns. Historically, investors have looked to Bitcoin as a hedge against both inflation and a weakening dollar. If inflation picks up or trust in the dollar slips, Bitcoin could see strong demand as a digital safe haven.

Ethereum and Altcoins in the Mix

Market analyst Marius suggests that Ethereum and infrastructure-based altcoins may also benefit, as investors seek higher-risk, high-reward assets. However, speculative tokens and meme coins could underperform, especially in a cautious market environment.

Additionally, the bill’s broader macroeconomic impact plays a significant role. With over $4.5 trillion in tax cuts and $1.2 trillion in entitlement cuts, without any revenue offsets, the bill is expected to increase inflationary pressure in the U.S. economy. This strengthens the appeal of Bitcoin and other cryptocurrencies as a hedge against the debasement of fiat currencies.

[post_titles_links postid=”477412″]

Crypto Reaction

Crypto analyst Crypto Dad highlights that the newly passed “Big Beautiful Bill” offers a significant boost to the crypto sector. Notable crypto-friendly provisions include:

  • A de minimis exemption for transactions under $300 simplifies everyday crypto usage.
  • Tax deferrals and simplified rules for staking and mining rewards make participation more attractive.

Combined with the inflationary pressure from massive tax cuts and spending hikes, Bitcoin’s narrative as an inflation hedge is gaining traction. As regulatory clarity improves and macroeconomic risks rise, crypto markets, especially Bitcoin, appear well-positioned for an upward move.

Institutions May Stay Cautious

While retail interest is likely to grow, institutions may remain cautious. Rising debt and the potential for Federal Reserve tightening could lead big investors to wait for more clarity on interest rates and inflation trends.If the bill passes the House with its crypto-friendly provisions intact, it could spark a broader rally in Bitcoin, Ethereum, and select altcoins. However, the final impact will hinge on the Federal Reserve’s next move and whether inflation pressures lead to another rate hike.

[article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]

FAQs

What is the “Big Beautiful Bill” that recently passed the U.S. Senate?

The “Big Beautiful Bill” is President Donald Trump’s massive $3.3 trillion spending bill, recently passed by the U.S. Senate. It’s a comprehensive package encompassing tax cuts (making 2017 provisions permanent), entitlement cuts, and other provisions, and is now awaiting approval from the House.

How could the “Big Beautiful Bill” benefit Bitcoin and other cryptocurrencies?

The bill is expected to significantly increase the U.S. national debt, leading to inflation concerns. Bitcoin is often seen as a hedge against inflation and a weakening dollar, so increased inflationary pressure could boost its demand as a digital safe haven. Select altcoins may also benefit as investors seek high-reward assets.

What role does the Federal Reserve’s policy play in the final impact of this bill on crypto markets?

The final impact of the “Big Beautiful Bill” on crypto markets will heavily depend on the Federal Reserve’s next moves. If inflation pressures intensify due to the bill’s spending and tax cuts, the Federal Reserve might consider another interest rate hike, which could influence crypto market dynamics and institutional investment.

The post Senate Passes Donald Trump’s Big Beautiful Bill appeared first on Coinpedia Fintech News
The U.S. Senate has passed President Donald Trump’s massive $3.3 trillion spending bill, nicknamed the “Big Beautiful Bill.” While it still requires approval from the House, the crypto world is already buzzing about what this could mean for Bitcoin, Ethereum, and beyond. Santiment reported that crypto markets are showing a clear bullish bias following the …