Bitcoin has faced strong resistance at the $120,000 level, slipping to under $119,000 after multiple failed attempts. Meanwhile, BNB has surged past $800, marking a 300% increase from its October 2023 lows. Other altcoins like ETH, XRP, and SOL also posted gains, with FLR and PENGU leading the pack with over 20% daily increases. The total crypto market cap has risen to $4 trillion, despite Bitcoin’s dominance dropping to 59%. The market remains volatile, with profit-taking causing repeated rejections for BTC near the $120,000 mark.
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Big Tech’s AI Bets Fuel Crypto Token Surge
Google and Meta are investing billions in AI infrastructure, with Google committing $25 billion to data centers and clean energy projects, while Meta plans ‘hundreds of billions’ for AI superclusters. These investments are driving interest in AI-focused crypto tokens like Bittensor (TAO), NEAR Protocol (NEAR), and Internet Computer (ICP), which have seen significant price rallies. Bittensor, a decentralized machine learning network, is up 21% this week, while NEAR Protocol gains traction with institutional products like Bitwise’s staking ETP. The trend underscores the potential of decentralized networks to complement Big Tech’s centralized AI infrastructure, with sustainability and scalability as key themes.
read moreSafello Boosts TAO Holdings Amid Bittensor Rally
Safello, a Nordic cryptocurrency exchange, has executed its tenth treasury reallocation this year by selling 1 BTC for €92,890 and purchasing approximately 333 TAO tokens. The transaction aligns with Safello’s ongoing strategy to optimize its crypto holdings. This shift occurs as TAO, the native token of Bittensor, demonstrates significant upward momentum, with analysts projecting a potential 120% rally. The move highlights Safello’s proactive approach to capitalizing on emerging opportunities in the crypto market.
read moreBitcoin Hits $123K ATH, Trader Loses $100M in Liquidation
Bitcoin’s volatility returned with a vengeance, rocketing to a new all-time high above $123,000 after a brief weekend lull. The rally, fueled by institutional ETF inflows and geopolitical factors like Trump’s new tariffs, liquidated $730 million in short positions—including a $100 million whale trade. Altcoins joined the frenzy, with Ethereum reclaiming $3,000 and tokens like SUI and CRO posting double-digit gains. The crypto market cap swelled by $100 billion in a day, nearing $3.9 trillion. Analysts cite psychological momentum and macroeconomic triggers for the surge.
read moreCrypto Market Poised for New All-Time Highs: Analyst
Michaël van de Poppe, a prominent crypto analyst, forecasts a major breakout for the crypto market, citing the TOTAL chart’s upward trajectory since early 2024. Bitcoin is in a ‘build-up phase’ with potential for a sharp rally, while Ethereum could surge past $2,800, marking the start of a bull run. Bittensor (TAO) also shows promise if it breaks resistance at $350, targeting $470. At press time, TOTAL’s market cap stands at $3.323 trillion, down 11% from its December 2024 peak, with Bitcoin at $109,100 and Ethereum at $2,570.
read moreGrayscale’s Q3 2025 Top 20 Crypto: AVAX, Morpho In, XRP Out
Grayscale’s latest Top 20 crypto list for Q3 2025 introduces Avalanche (AVAX) and DeFi lending protocol Morpho, replacing Optimism and Lido DAO. The firm highlights AVAX’s growth in transaction volumes, driven by blockchain gaming and stablecoin adoption, while Morpho’s inclusion follows its rapid expansion to over $4 billion in TVL and $100M in annualized fees. High-profile assets like XRP and Cardano were excluded due to underperformance despite ecosystem developments. Grayscale’s methodology favors fundamentals and network activity over market capitalization, signaling a shift toward sustainable on-chain traction. The list features a mix of established tokens (Bitcoin, Ethereum) and emerging DeFi protocols (Aave, Uniswap, Bittensor).
read moreEBZT Launches $10M Multi-Token Crypto Treasury
Everything Blockchain Inc. (OTC: EBZT) is making waves by launching a $10 million multi-token treasury featuring Solana (SOL), Ripple (XRP), Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). Unlike traditional Bitcoin-focused treasuries, EBZT’s strategy targets staking rewards, potentially earning up to $1 million annually, with plans to distribute a portion as a ‘crypto dividend’ to shareholders. The company aims to give everyday investors early access to high-yield crypto assets before institutional players dominate. EBZT also supports blockchain adoption through its divisions: EB Control (encryption), EB Build (infrastructure), and EB Advise (enterprise solutions). CEO Arthur Rozenberg emphasizes the untapped potential of blockchain networks beyond Bitcoin. Meanwhile, Lion Group Holding Ltd. and other firms are also expanding into crypto treasuries, signaling growing institutional interest in DeFi assets like Hyperliquid and Solana.
read moreGradient Raises $10M to Decentralize AI with Solana
Gradient Network raised $10 million in a seed round led by Pantera Capital, Multicoin Capital, and HSG to build decentralized AI infrastructure. The Singapore-based startup introduced Lattica and Parallax, protocols designed to run AI models across distributed devices instead of centralized servers. Lattica functions as a peer-to-peer data communication protocol, while Parallax breaks down large AI models for decentralized processing. The system leverages Solana’s blockchain for coordination and payments, aiming to reduce costs and enhance data privacy. Critics highlight potential challenges like latency and complexity, but Gradient believes its approach can democratize AI and counter monopolies. The funding will support further protocol development and research initiatives.
read moreAltcoins Set for Robust Summer Amid Geopolitical Tensions
Market analyst VirtualBacon highlights a potential surge in altcoin activity this summer, driven by AI-focused Layer-1 projects like Sahara Labs and Sentient AGI, as well as high-risk, high-reward AI memecoins such as IRIS. Stablecoins are gaining macroeconomic importance, with Tether now a top US Treasuries holder, and projects like USD1 by World Liberty Financial poised for major DeFi impact. Liquidity is shifting to platforms like BlackholeDex and Saros DLMM, while Ethereum consolidates above $2,500 after recent volatility.
read moreBitcoin vs. Altcoins: Risks in Corporate Crypto Treasuries
Bitcoin remains the preferred digital asset for corporate treasuries due to its established reputation as ‘digital gold,’ while altcoins like Ethereum, Solana, and XRP carry higher adoption risks, according to NYDIG’s Greg Cipolaro. Unlike Bitcoin, many altcoins are ‘consumptive,’ meaning they are burned after use, raising questions about their long-term utility. Companies such as SharpLink Gaming, Trident Digital, and SRM Entertainment are diversifying into altcoin treasuries, but Cipolaro cautions that microcap firms often lack transparency in their crypto strategies. Tokens like TAO (Bittensor) and Fetch.ai (FET) serve niche purposes, further complicating their viability as treasury assets. Investors must scrutinize these holdings carefully as adoption and network success remain uncertain.
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