21 May 2025, 00:49

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin ( BTC ) that have received definitive legal rulings but are still awaiting distribution. The company said buying the claims would allow it to purchase Bitcoin at a discount and grow its Bitcoin per share ratio ahead of its planned reverse merger with Asset Entities — which is expected to be completed sometime mid this year. Strive hasn’t disclosed any Bitcoin holdings but claims it will face fewer restrictions on purchasing Bitcoin than companies going public through Special Purpose Acquisition Company mergers. Advantages of going public via a reverse merger compared with a SPAC merger. Source: Strive Strive said it would need shareholder approval to pursue Mt. Gox claims. The company said it intends to lodge a filing with the Securities and Exchange Commission to outline the full terms of the proposed transaction. A proxy statement would then be sent to shareholders to seek their approval. Strive would need to obtain shareholder approval relatively soon, as Mt. Gox is expected to fully repay its creditors by Oct. 31. The Japan-based Mt. Gox was the largest Bitcoin exchange before it collapsed in 2014 from a security breach that resulted in the theft of approximately 750,000 Bitcoin . Strive’s pivot to become a Bitcoin treasury company reflects a broader industry trend as more firms look to hold Bitcoin on their balance sheets as a long-term strategic asset. Related: Bitcoin ETFs bought 6x more than BTC miners produced last week Twenty One Capital is another newly launched Bitcoin treasury firm that has received backing from the likes of Tether, SoftBank and Cantor Fitzgerald. The Jack Mallers-led firm plans to launch with 42,000 Bitcoin once it completes a blank-check merger with Cantor Equity Partners. Asset Entities shares rise again on Mt. Gox plans Asset Entities (ASST), a social media marketing company that Strive announced it would merge with on May 7 to create a Bitcoin investment company, has seen its shares close May 20 trading up 18.2% to $7.74, Google Finance data shows. The latest share price bump brings its market cap to $122.1 million, and ASST is now up 1,170% since Strive announced its merger plan. Strive is expected to own 94.2% of the combined entity once the reverse merger is complete, while Asset Entities will hold the remaining 5.8%. The merged companies will be named Strive and Asset Entities, and will still trade under the ASST ticker. Magazine: Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee

21 May 2025, 00:00

Why Web3 ai’s 1747% ROI Potential, Monero’s Privacy, and SHIB’s Momentum Make Them 2025’s Best Crypto Choices

In the fast-paced world of crypto, timing is just as crucial as the technology behind it. While established players like Monero (XMR) keep their privacy edge and meme coins like Shiba Inu (SHIB) catch attention with quick price surges, newer projects are focused on creating lasting value. Web3 ai stands apart by offering a clear, structured roadmap for growth, aligning product development with investor opportunities. With upcoming releases for AI tools, mobile integration, and exchange listings, Web3 ai offers something unique. For those on the lookout for high-return crypto investments, this project presents an exciting, timely opportunity. What Could Push Web3 ai to the $1 Mark? Web3 ai is quickly becoming a top contender for the best crypto investment in 2025, and its momentum is impossible to ignore. With more than $4.3 million raised in just a matter of days, it’s clear that investors are already catching on. Currently in presale stage 5 at $0.000365 per token, the presale price will soon rise to $0.005242, meaning early investors could see returns of up to 1,747% before $WAI even hits public exchanges. What’s fueling the buzz? It’s not just the numbers, it’s the impressive roadmap Web3 ai has laid out. The team is rolling out a suite of powerful tools, including an AI trading assistant, ROI prediction engine, staking dashboards, and cross-platform API integrations. Plus, a mobile app is already in the works and is set for release just months after launch. But that’s not all, wallet and social media integrations, developer SDK access, and even plans for centralised exchange listings are on the horizon. As each milestone is hit, the demand for $WAI only grows, driving up the token’s utility and value. With a capped supply and a rapidly climbing presale price, the window of opportunity is shrinking fast. For those who want to maximise returns in 2025, now is the time to act before this presale phase ends. Monero’s Unmatched Privacy: A 2025 Standout Monero (XMR) continues to lead the charge when it comes to privacy in the crypto space. Thanks to its use of ring signatures, stealth addresses, and confidential transactions, Monero ensures total anonymity for users, from who’s sending the funds to who’s receiving them, and even the transaction amounts. This unwavering commitment to privacy has earned Monero a strong following among those who prioritise financial confidentiality. As concerns around surveillance and financial tracking continue to rise, Monero’s privacy-first approach is more relevant than ever. It’s not just about concealing identities; it’s about making it nearly impossible to trace any transactions. This has kept the interest high among users who want complete control over their financial history. With the growing importance of data protection, Monero’s privacy isn’t just an added feature; it’s a core principle driving its adoption. While other projects dabble with partial privacy, Monero delivers full anonymity by default, giving users exactly what they want: total transactional privacy. What’s Next After SHIB’s Gain? Shiba Inu (SHIB) recorded an impressive 14.48% jump this week, marking its best performance since late 2024. This surge came after a period of consolidation where SHIB found solid support at the $0.00001107 level. As buyers regained confidence, momentum picked up, and the token ended the week around $0.00001417. This upward trend indicates a shift in market sentiment and growing interest from investors. However, despite this recent gain, SHIB is still below its previous peak of $0.0000297, leaving plenty of room for potential growth. The next key resistance level to watch is around $0.00001698, which traders are eyeing closely. If SHIB can maintain this momentum, with rising trading volume and continued buyer interest, there’s a real chance the token could build on this positive trend in the coming weeks. All signs point to a recovery, and SHIB’s potential for further gains remains strong. Final Thoughts In a crypto landscape where trends come and go, true progress stands out. Monero (XMR) maintains its dominance in privacy, and Shiba Inu (SHIB) shows how market sentiment can fuel huge gains. But Web3 ai is carving its path, offering a solid, utility-driven roadmap with clear milestones. With a range of AI tools, a mobile app launch, and potential exchange listings lined up, Web3 ai is building a strong foundation before any major price jumps. As the AI crypto presale phases wind down and development picks up speed, it’s not just about speculation, it’s about tangible progress. For those aiming for top returns, catching this growth at the right time could be key. Join Web3 ai Now: Website: http://web3ai.com/ Telegram: https://t.me/Web3Ai_Token X: https://x.com/Web3Ai_Token Instagram: https://www.instagram.com/web3ai_token The post Why Web3 ai’s 1747% ROI Potential, Monero’s Privacy, and SHIB’s Momentum Make Them 2025’s Best Crypto Choices appeared first on TheCoinrise.com .

20 May 2025, 22:56

Strive plans discounted Bitcoin play with Mt Gox creditor claims

Strive Enterprises, the asset management firm founded by pro-crypto entrepreneur Vivek Ramaswamy, is planning to buy distressed Bitcoin claims. In a recent filing with the Securities and Exchange Commission (SEC), the firm said this would allow it to gain BTC exposure at a discount. According to the filing , the Ohio-based corporation is partnering with 117 Castell Advisory Group LLC to source for such claims and purchase them. The filing specifically mentioned the Mt Gox bankruptcy estate with approximately 75,000 Bitcoin, noting that such distressed and definitive claims could be cheaper. It said: “This strategy is intended to allow Strive the opportunity to purchase Bitcoin exposure at a discount to market price, enhancing Bitcoin per share and supporting its goal of outperforming Bitcoin over the long run.” The Bitcoin stash of the defunct Japanese exchange has been a subject of multiple discussions in the crypto industry since 2014, when they were stolen and the exchange filed for bankruptcy. While efforts to repay creditors have been ongoing for several years, many are still unpaid because they have yet to complete the required process. This has led to multiple extensions of the repayment deadline, with the extension coming in October 2025. Unsurprisingly, there have been concerns that selling pressures from Mt Gox repayments could affect the Bitcoin price as many creditors could opt to sell. If Strive can achieve its plan, the firm could absorb the selling pressures while ending several creditors’ wait for repayment. Strive pushing to redefine corporate Bitcoin exposure. The move by Strive shows how the company adopts a different approach to Bitcoin treasury adoption. Unlike Strategy’s (formerly MicroStrategy) approach of accumulating Bitcoin for its treasury, Strive wants to outperform the flagship asset. In order to achieve this, the firm plans to use several innovative strategies to gain Bitcoin exposure at a discount without diluting its share value. Strive’s Chief Financial Officer, Ben Pham, said: “Strive intends to use all available mechanisms, including novel financial strategies not used by other Bitcoin treasury companies, to maximize its exposure to Bitcoin.” One of the strategies is using Section 351 of the US tax code for tax-deferred Bitcoin for equity swaps. Under this framework, accredited Bitcoin holders can swap their BTC for Strive equity without paying capital gains. The firm also plans to buy cash at a discount by merging with public companies with more cash than their stock value, with the excess cash spent on acquiring more Bitcoin. Other planned strategies include deploying its fixed income and derivative expertise to leverage and hedge risks for Bitcoin acquiring and raising external public capital. So far, Strive has made progress toward its goal, with the firm recently merging with publicly traded social media technology company Asset Entities Inc. That move allowed it to become publicly traded and, therefore, have access to public capital. 85 companies now hold over 800,000 BTC While Strive is working on strategies to acquire Bitcoin, several publicly traded companies are accumulating it in the old-fashioned way. According to data from HODL15 Capital, 85 companies currently hold over 800,000 Bitcoin as of May 19. Leading the pack is Strategy, which now has 576,230 BTC in its treasury. Companies such as Marathon Digital, TwentyOne, and Riot Platforms are way behind, each with less than 50,000 BTC. Bitcoin Treasury Companies (Source: Hodl15Capital) However, companies such as Metaplanet and Semler Scientific have increased their exposure to BTC in the past few weeks, and Metaplanet is now close to entering the top 10. The firm is ranked eleventh with 7,800 BTC, while Block (formerly Square) is tenth with 8,584 BTC. With Metaplanet aiming to finish 2025 with 10,000 BTC, the Japanese firm could have more BTC than Coinbase by the end of the year. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

20 May 2025, 22:13

Robinhood Proposes Bold Plan to Digitize Real-World Assets

Robinhood seeks SEC clarity on real-world asset digitization and on-chain stock use. The proposed exchange would operate on Solana and Base networks for enhanced security. Continue Reading: Robinhood Proposes Bold Plan to Digitize Real-World Assets The post Robinhood Proposes Bold Plan to Digitize Real-World Assets appeared first on COINTURK NEWS .

20 May 2025, 22:00

Solana Price Prediction: $250 Next? Investors Watch New Crypto For 23x

Solana (SOL) is surging toward $200, fueled by a potential Golden Cross formation and bullish technical indicators. Trading near $172, the cryptocurrency eyes a 51% rally to $262 if it breaches the $178 resistance. Meanwhile, Mutuum Finance (MUTM) has captured attention as a high-growth presale opportunity. The project raised $8,900,000 and sold over 500 million tokens. With 10,300 holders already secured, its Phase 4 presale, priced at $0.025, is 95% filled. This signaling urgency before a 20% jump to $0.03 in Phase 5. Investors eyeing the best crypto to buy now are weighing Solana’s technical momentum against MUTM’s structured 140% presale-to-listing returns and potential for 23x post-launch gains. Solana’s Golden Cross Signals Bullish Momentum Solana’s 50-day EMA approaches a critical crossover above its 200-day EMA, a historically reliable indicator of upward trends. The last Golden Cross in 2023 triggered a 17-month rally, and while current conditions may not mirror that duration. Moreover, a breakout above $178 could ignite rapid growth. The MVRV ratio hovering at 1.3 suggests undervaluation, leaving room for upward movement before reaching overbought thresholds. However, resistance at $201 and macroeconomic risks loom, requiring sustained buyer conviction to hit the $262 target. Despite Solana’s promise, its 51% projected rise pales against Mutuum Finance’s presale-driven ROI. This contrast is redirecting focus to MUTM, where early participants lock in gains before exchange listings. Mutuum Finance Presale Accelerates Amid Demand Phase 4 of Mutuum Finance’s presale nears completion, with tokens priced at $0.025—a 150% increase from its opening phase. The project’s buy-and-distribute model uses platform revenue to repurchase MUTM tokens. Thus, injecting constant demand while rewarding stakers. Investors purchasing now secure a 140% profit at the $0.06 listing price, but analysts highlight a sharper climb post-launch. Tokenomics predict a rise to $2.50, delivering a 9,900% return for Phase 4 buyers. The presale’s rapid progression underscores its status as a top crypto to invest in, combining DeFi utility with growth-centric mechanics. Over 500 million tokens sold reflect confidence in its lending protocols, where mtTokens accrue value via interest and collateralized loans. Strategic Incentives Drive Long-Term Growth Mutuum Finance distinguishes itself with transparency and investor alignment. A recently launched dashboard tracks the top 50 token holders, offering bonus rewards to those maintaining their positions, a move encouraging retention and reducing sell pressure. Additionally, the team is finalizing a Certik audit, with results to be announced via official channels, reinforcing trust in its security framework. While Solana’s technical patterns draw traders, MUTM’s presale structure offers calculable upside. The upcoming Phase 5 price hike to $0.03 creates urgency, as each stage incrementally reduces access to lower entry points. Positioning for Exponential Returns Solana’s trajectory hinges on overcoming immediate resistance, but Mutuum Finance’s trajectory is engineered for growth. Early investors gain from its fixed presale increments and revenue-driven token burns, which systematically elevate scarcity. With the crypto market favoring projects blending innovation with tangible yields, MUTM’s combination of lending utility and strategic buybacks positions it among the best crypto coins to buy today. As the presale advances, the window for securing tokens at $0.025 narrows. Post-launch targets of $2.50, supported by platform adoption and exchange listings, suggest life-changing returns for those entering now. The project’s roadmap, including a planned overcollateralized stablecoin, further cements its long-term viability. Final Call: High-Stakes Opportunity Unfolds Mutuum Finance’s audit completion and dashboard incentives arrive as its presale enters its final phases. With Solana battling market volatility, MUTM’s presale offers a risk-calibrated path to exponential gains. Investors prioritizing assets with measurable momentum and deflationary mechanics are swiftly allocating capital before Phase 4 closes. In a market where timing dictates profitability, MUTM’s presale progression and imminent price hikes demand immediate attention. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance

20 May 2025, 21:49

SEC Chair Grilled Over Trump Meme Coin and Justin Sun’s $75M Ties – Is Crypto Regulation About to Shift?

Key Takeaways: Lawmakers questioned SEC Chair Paul Atkins over the agency’s decision to pause its case against crypto figure Justin Sun and his involvement with a Trump-associated meme coin. The inquiry came during a congressional hearing focused on federal oversight and funding, with concerns raised about possible conflicts of interest. Atkins confirmed the SEC’s case against Sun is still active but gave limited information. U.S. Securities and Exchange Commission Chair Paul Atkins faced scrutiny from lawmakers on Tuesday over the agency’s stance on a Trump-linked meme coin and its handling of the fraud case involving crypto entrepreneur Justin Sun. The questions came during a House Appropriations Committee hearing on May 20, which focused on funding and oversight of federal agencies, including the SEC. SEC Chair Pressed During Congressional Hearing Rep. Glenn Ivey, a Democrat from Maryland, raised concerns about the SEC’s decision to pause its case against Sun and whether his recent connection to a meme coin tied to former President Donald Trump could present conflicts. He pointed to Tron’s $30 million token purchase from World Liberty Financial, a crypto firm that claims inspiration from Trump. “This, frankly to me, smells very bad,” Ivey said during the hearing. “My hope would be that the SEC would be investigating that piece.” Atkins, who has been in the role less than a month, responded that the case against Sun remains “active.” He confirmed that the SEC had not dropped it, but offered no further details. Atkins also reiterated that, under current policy, meme coins are not considered securities. However, Sun has openly acknowledged his support for Trump’s digital asset, posting on X that he is among the top 220 holders of the token and will attend a gala dinner hosted for top supporters. “Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!” he wrote on Tuesday. Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan! As the top holder of $TRUMP , I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. https://t.co/FYb39LTwDz — H.E. Justin Sun (@justinsuntron) May 20, 2025 The appearance marked one of Atkins’ first public oversight hearings since being sworn in on April 22 . Nominated by Trump and seen as a regulatory counterweight to former Chair Gary Gensler, Atkins is expected to steer the SEC in a new direction when it comes to digital assets. Under Gensler, the agency took a tough stance on crypto, pursuing enforcement actions against several major players. Some of those cases were later withdrawn. Atkins has indicated a shift away from regulation-by-enforcement, promising more structured rulemaking for the industry. In his prepared testimony, Atkins said, “A key priority of my Chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody, and trading of crypto assets while continuing to discourage bad actors from violating the law.” The SEC’s evolving stance comes as political and financial interests increasingly intersect with the crypto space. With ties between high-profile figures and meme coins now under the microscope, the agency’s next steps could shape the regulatory environment ahead of the 2024 election. SEC’s Crypto Task Force Moves Closer to Guidance as Stablecoin Bill Advances in Senate In the wake of heated questions over Trump-themed meme coins and ties to Justin Sun, SEC Chair Paul Atkins reaffirmed his commitment to making crypto regulation a “key priority” during his tenure. Speaking during a congressional oversight hearing, Atkins declined to disclose how much of the agency’s resources are allocated to the SEC’s new Crypto Task Force , led by Commissioner Hester Peirce, stating its findings are still “under development.” Referring to the task force’s first report, he said, “We should be having something here in the next few months with proposed steps forward.” The Senate advanced the GENIUS Act with a 66-32 bipartisan vote on Monday, marking a big step toward establishing federal regulation for stablecoins and digital currency oversight. #GENIUSAct #Stablecoins https://t.co/JmoPuWjKdf — Cryptonews.com (@cryptonews) May 20, 2025 The comments came just as the Senate advanced the GENIUS Act , a bill seeking to establish a regulatory framework for stablecoins, showing how legislative efforts may soon shape the SEC’s direction. Meanwhile, Peirce, dubbed “Crypto Mom,” shared early insights at the SEC Speaks event , arguing that most NFTs, especially those providing ongoing creator royalties, don’t meet the definition of securities. Still, without an official stance from the SEC, uncertainty remains. With a DeFi roundtable set for June 9, all eyes are on the task force’s upcoming report—and whether it indicates a clearer path forward. The post SEC Chair Grilled Over Trump Meme Coin and Justin Sun’s $75M Ties – Is Crypto Regulation About to Shift? appeared first on Cryptonews .