KULR, Now in Grayscale Bitcoin ETF, Launches Blockchain for Secure Supply Chain

Monicah W

US-listed Company KULR Launches Own Blockchain for Secure Supply

KULR Tech Group is making significant strides in the web3 space. On May 1, it was included in the newly-launched Grayscale Bitcoin Adopters ETF. The new ETF offers investors direct exposure to companies adopting Bitcoin as a treasury company.

Last year on December 4, 2024, the space, aerospace, and defense focused company commited up to 90% of its surplus cash reserves to be held in bitcoin. To date, KULR has acquired 668 BTC.

This decision marked a significant shift in KULR’s financial strategy – positioning Bitcoin as a primary asset in its treasury program.

Now, in its another significant move in web3, it has announced a new blockchain-based supply chain initiative.

KULR Inclusion in GrayScale ETF
KULR Inclusion in GrayScale Bitcoin Adopters ETF

KULR Launches Own Blockchain

In an official press release and company tweet, KULR revealed that it will move product tracking and custody verification from centralized software to a distributed ledger. This will help the company in recording each inventory item as a tamper-proof, timestamped entry on a private blockchain.

The company notes that “decentralizing the inventory tracking system on a blockchain offers enhanced transparency, security, and real-time visibility across the entire supply chain”.

The US-listed company has also revealed that one of the first product lines to be logged will be KULR’s NASA WI-37A–certified lithium-ion batteries.

Now, these batteries with space and aerospace applications will be permanently stored on-chain so that future users can verify performance and compliance.

New Blockchain Built on Coinbase’s Base

KULR has built its own private rollup on Coinbase’s Base Layer-2 (L2) blockchain – an Ethereum-powered network – to host this supply chain ledger.

This choice leverages a public blockchain infrastructure (Coinbase Base) for security and scalability. It will still keep the network permissioned under KULR’s control.

Under the new system, the company will represent each battery or part as a non-fungible token (NFT) on the blockchain.

Each token’s metadata – including test results, manufacturing details and certification data – will be recorded immutably.

When a customer purchases a battery, its NFT can be transferred to the buyer’s on-chain wallet or sent to a company “burn” wallet to signal the transfer of ownership.

For bulk orders, KULR will set up dedicated customer wallets to batch-transfer many NFTs at once.

Internally, the company has built a custom user interface linked to encrypted KULR-owned wallets. This dashboard would let staff monitor inventory and token transfers in real time.

Market and Investor Impact

The market reaction to the company’s blockchain announcement has been cautiously positive.

On Friday, one day after the blockchain and Grayscale ETF inclusion, KULR closed at $1.33 USD on May 2. This marks a 4.72% increase from the previous day’s close of $1.27.

KULR Stock
KULR Stock on May 2

Company has also hinted at more initiatives towards blockchain and Bitcoin adoption.

On the inclusion in Grayscale Bitcoin Adopters ETF, Kurl CEO has said, “Honored to be included in Grayscale’s Bitcoin Adopters ETF. Appreciate the recognition as we continue building KULR Tech into a category-defining company at the intersection of space, defense, AI, and Bitcoin.”

Thus, with more near-term crypto plans in line, KULR is likely to draw attention from both energy-sector investors and digital-asset enthusiasts.

Also Read: Bitcoin Price to $1M Prediction

The post KULR, Now in Grayscale Bitcoin ETF, Launches Blockchain for Secure Supply Chain appeared first on CoinGape.

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Michael Saylor Proposes $81 Trillion Bitcoin Reserve Plan to US Government

Michael Saylor shared an ambitious proposal for the US government to accumulate a vast Bitcoin reserve that he claims could generate up to $81 trillion in wealth by 2045.

The outspoken Bitcoin (BTC) advocate and co-founder of Strategy (formerly MicroStrategy) shared the blueprint during the White House Crypto Summit.

Michael Saylor’s Bitcoin Accumulation Blueprint For Trump’s Government

Syalor’s plan, presented as a blueprint for economic dominance, calls for the nation to acquire between 5% and 25% of the Bitcoin network over the next decade through consistent, programmatic daily purchases.

“I shared this at the White House Digital Assets Summit,” Salor confirmed.

Saylor’s vision rests on the idea that Bitcoin will appreciate significantly over time due to its fixed supply and growing global adoption.

Under his plan, the US government would begin accumulating Bitcoin in 2025 and continue until 2035, by which point 99% of all Bitcoin will have been mined.

“Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,” read an excerpt in the blueprint.

Following this strategy, the US could acquire up to a quarter (25%) of the total supply, locking in a dominant position in the global financial system. Saylor argued that such a move would have a transformative economic impact.

Saylor estimates that the Strategic Bitcoin Reserve could generate between $16 trillion and $81 trillion in value for the US Treasury by 2045. Notably, this prediction hinges on the scale of adoption and Bitcoin’s future price appreciation.

The reserve would act as a long-term store of value for the nation, offering an alternative to traditional monetary assets and providing a powerful hedge against inflation.

Also, Saylor said the strategy would secure America’s financial future, strengthen the dollar, reduce national debt, and cement the country’s status as a global economic leader.

Saylor Discourages US Government From Selling Bitcoin Holdings

One of the most striking aspects of Saylor’s proposal is his assertion that the US should never sell its Bitcoin holdings. Instead, he envisions the SBR generating at least $10 trillion annually by 2045 through appreciation and other financial mechanisms.

He claims this would create a self-sustaining economic engine capable of addressing national debt concerns. It would also position the US to fund technological advancements, critical infrastructure, and social programs without increasing taxes or borrowing excessively.

Beyond buying Bitcoin, Saylor’s broader digital asset framework includes sweeping regulatory changes designed to position the US as the epicenter of the digital currency wave.

He advocates for clear, supportive regulations that encourage innovation while ensuring market integrity.

“Hostile and unfair tax policies on crypto miners, holders, and exchanges hinder industry growth and should be eliminated, along with arbitrary, capricious, and discriminatory regulations,” Saylor added.

His plan divides digital assets into four categories—digital tokens, digital securities, digital currencies, and digital commodities. Each of these, he indicated, serves a specific function within the economy.

Notably, if the US government heeds Saylor’s 25% Bitcoin supply purchase, it would hold 5.25 million BTC. This would be more than the 1 million BTC (5% of the supply) Wyoming Senator Cynthia Lummis proposed in the Bitcoin Act introduced in August 2024.

The post Michael Saylor Proposes $81 Trillion Bitcoin Reserve Plan to US Government appeared first on BeInCrypto.

Bulls Take Charge of Altcoin Market: Don’t Miss These 3 Altcoins in May

Unilabs (1)

The post Bulls Take Charge of Altcoin Market: Don’t Miss These 3 Altcoins in May appeared first on Coinpedia Fintech News

Altcoin investors are turning their attention to key players showing strong momentum as the crypto market is heating up. While traditional favorites like Litecoin and Ripple continue to attract headlines, Unilabs is quickly becoming the center of interest. This is because of its AI-powered approach to DeFi investing, which could help it to overtake the XRP price surge. 

As bulls are taking charge of the market, Litecoin, Ripple and Unilabs are among the top three projects this May. Let’s find out more about them.

Unilabs: The AI Altcoin Revolutionizing DeFi in Real Time

While top altcoins like Litecoin and Ripple continue to play key roles in crypto payments, Unilabs is aiming to empower the DeFi infrastructure. What makes this project unique is the use of an AI Fiscal logic layer.

It dynamically allocates capital across protocols based on real time volatility, yield curves, liquidity depth and safety thresholds. This way, users don’t need to rebalance their holdings as the AI does it for them automatically, such as predicting the XRP price.

Unlike projects that rely on centralized updates, Unilabs executes everything via audited smart contracts. This self-operating backend ensures users have complete transparency and zero downtime.

Moreover, there’s no custody risk meaning user funds are never held by third parties. Unilabs also gives retail users access to tools that were once reserved for hedge funds and institutional investors only.

Investors can also stake their UNIL tokens for up to 122% APY. This includes passive income from yield sharing of platform fees and also gives users a chance to participate in platform governance. Due to this, users don’t have to work all the time and just watch their holdings grow over time.

The project is currently in stage 2 of presale and has already raised over $850,000 which shows the potential of this project to become one of the best altcoin in May.

Can Litecoin Become the Next Big Altcoin Play?

At the time of writing, Litecoin is hovering around $95 with a slight increase in price. On the monthly chart, the token is up by almost 18% which shows an increasing investor interest in the long term.

Source: CoinMarketCap

Technical analysis for Litecoin reveals a neutral sentiment among investors on the daily time frame. But interestingly, on the monthly time frame, the sentiment shifts to a strong buying momentum. Due to this uncertainty, Litecoin holders are shifting their funds into Unilabs for higher profit margins that come with AI innovations.

Is Ripple Poised For a Potential Breakout Amid Regulatory Clarity?

Currently, the XRP price is consolidating between $2.6 and $2.1 with only a slight increase in the last 24 hours. However, the 7-day and the 30-day chart show contrasting patterns with the XRP price down by 10% and up by 10% respectively. This shows that some Ripple investors are unsure about its future while others are optimistic of it being the best altcoin in May.

Source: CoinMarketCap

From a technical perspective, the XRP price seems to be in a bullish momentum with moving averages suggesting a strong buying signal. The resistance level that XRP’s price is now aiming for is the $2.50 level which means a breakout above this level could allow it to move toward higher targets.

In latest news, Ripple has officially settled its lawsuit with the U.S. SEC which provides a regulatory clarity for XRP. Experts predict that the XRP price could reach $5.5 by the end of 2025, keeping the investors’ hope up.

With Ripple going through a period of uncertainty, Unilabs is quietly rounding up big investors and climbing the ladder to be one of the best altcoin in May.

Conclusion

With bulls getting active, the altcoin market is heating up fast. Analysys say that Litecoin, Unilabs and Ripple could be among the three top altcoins in May and investors should not miss out on them. And with the LTC token and XRP price poised for a potential surge, investors have a solid reason to check out these tokens.

Among these Unilabs is still in the public presale stage at a low entry of only $0.0051 per UNIL token. For early investors, investing in Unilabs right now could be their smartest move this altcoin season.

Discover the Unilabs (UNIL) presale:

Presale: https://www.unilabs.finance/

Telegram: https://t.me/unilabsofficial/

Twitter: https://x.com/unilabsofficial/

The post Bulls Take Charge of Altcoin Market: Don’t Miss These 3 Altcoins in May appeared first on Coinpedia Fintech News
Altcoin investors are turning their attention to key players showing strong momentum as the crypto market is heating up. While traditional favorites like Litecoin and Ripple continue to attract headlines, Unilabs is quickly becoming the center of interest. This is because of its AI-powered approach to DeFi investing, which could help it to overtake the …