NiftyNoon: BTC $110K - Happy New Bitcoin All Time High, For Those That Celebrate 🟠📈🎯
Bitcoin prints a record daily close and hits a new all time high of $110K as buyers continue to bid up the asset during a time when US equities have become increasingly volatile (May 22, 2025)
Nifty Thought:
Bitcoin has officially marked its highest-ever daily UTC close at $106,830, with prices subsequently surging to a new all time high of more than $110,000 the night of May 21st, signaling strong bullish momentum. This upward thrust is attributed to several "structural tailwinds," including relentless demand from U.S. spot ETFs which are absorbing supply faster than post-halving mining can create it, a notable shift in U.S. policy towards a more crypto-friendly stance with bills like the GENIUS Act, and a renewed appetite for inflation hedges amidst growing concerns over the fiscal health of major economies. The persistently positive Coinbase Bitcoin Premium Index further underscores sustained buying pressure from U.S. investors.
As Bitcoin achieves this "credibility milestone," analysts are keenly watching the $110,000 level, where options market data reveals significant "negative gamma" exposure for dealers. This dynamic means that market makers hedging their positions could amplify price movements, potentially accelerating the rally if BTC breaks decisively above $110,000. Further bolstering this outlook, CryptoQuant data shows growing demand from large investors or "whales," whose total Bitcoin holdings are approaching record highs, indicating that the current market is driven by deep-pocketed conviction rather than just retail hype, underscoring Bitcoin's narrative of "staying power."
Highlighted News:
🟠 Bitcoin hit 110K new all time high:
https://x.com/BorisVagner/status/1925332382342918400
📈 $IBIT has worked its way into the top 5 ETF in YTD flows with +$9b, just passing $BIL:
https://x.com/EricBalchunas/status/1925152281558737026
👹 Monster Capsules are officially sold out:
https://x.com/monstersdotfun/status/1925258650341322936
📱 Solana Seekers start shipping on August 4th, 2025:
https://x.com/solanamobile/status/1925168003840114823
🔷 Nasdaq-listed blockchain company BTCS has acquired another 3,450 ETH for a total of approximately $8.42 million:
https://x.com/wublockchain/status/1925105275348124114?s=46
Project and Community News:
As $BTC breaks through its ATH, top trader @JamesWynnReal continues to go long on $BTC: https://x.com/lookonchain/status/1925216252282466469?s=46
Whale 0x0C86 deposited 14M $USDC into Hyperliquid in the past hour to long $BTC at $110,130.5 with 40x leverage: https://x.com/lookonchain/status/1925357812739448841
Introducing the Blockchain Regulatory Certainty Act to protect blockchain developers and service providers that never custody consumer funds from unjust government prosecution: https://x.com/GOPMajorityWhip/status/1925206873701048341
Texas passes Strategic Bitcoin Reserve bill in second reading: https://x.com/BTC_Archive/status/1924942848018792672
Nous Research's RL Environments Hackathon recap thread: https://x.com/nousresearch/status/19253811546660701vu6hP82igIkse_w0CQcovQ
Strong launch from Distribute AI today; jumping to a $45M market cap on over $22M trading volume in just a few hours: https://x.com/Tyler_Did_It/status/1925275536114221495
$WLD @worldcoin raises $135M from Andreessen Horowitz and Bain Capital Crypto to fund network expansion: https://x.com/solidintel_x/status/1925226849778401303
@vaneck_us is launching Purposebuilt, a dedicated fund to back real-world applications on Avalanche: https://x.com/avax/status/1925145480071131336
The @boopdotfun Yapper Leaderboard is now live: https://x.com/KaitoAI/status/1925199546520330289
CS5s and CS<10s are now available for viewing on the SquiggleDAO Trait Explorer 'Community' page: https://x.com/squiggledao/status/1925221010535481531?s=46
Introducing @LaunchOnBags: https://x.com/BagsApp/status/1925230210959724789
The Progress Council program for @blast has been discontinued: https://x.com/djenn/status/1925152383056617565?s=46
Phase one of decentralizing InfoFi is here. cookie.fun v1.0 alpha and Cookie Snaps are live: https://x.com/cookiedotfun/status/1924939636004237549?s=46
everyday Ethos gets better, but it only gets better with real human data: https://x.com/0x5f_eth/status/1925321974722461754
Former SafeMoon CEO Braden John Karony has been found guilty on all three criminal counts against him: https://x.com/coffeebreak_YT/status/1925279211977085148
Presented by @hofagallery and @PhillipsAuction, with $40,000 in prizes and four artists commissioned to create new works at the frontier of digital expression: https://x.com/apecoin/status/1925281126400037316
Introducing pump fun's first ever Content Ideathon: https://x.com/pumpdotfun/status/1924953352095596635?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 650 ETH (▲ 74.38%)
🌊 OpenSea ETH Daily Volume: 732 ETH (▲ 5.79%)
🟠 BTC: $111,424.58 (▲ 4.52%)
🔷 ETH: $2,652.07 (▲ 4.45%)
🟣 Solana: $178.32 (▲ 5.33%)
🟪 Polygon: $0.25 (▲ 7.52%)
Top NFT Sales:
CryptoPunks #2542: 59.00 ETH
CryptoPunks #7161: 53.69 ETH
CryptoPunks #7207: 50.00 ETH
NFT Daily Winners:
🏴☠ Captainz: 0.46 ETH (▲ 3.34%)
🧦 Bitcoin Puppets: 0.05 BTC (▲ 1.96%)
😡 Mad Lads: 35.50 SOL (▲ 1.57%)
🚬 CryptoPunks: 46.98 ETH (▲ 0.82%)
👾 Tensorians: 3.49 SOL (► 0.00%)
🏳🌈 Chromie Squiggles: 5.00 ETH (► 0.00%)
NFT Daily Losers:
🦧 Bored Ape Yacht Club: 12.79 ETH (▼ 0.08%)
🐵 NodeMonkes: 0.04 BTC (▼ 0.19%)
⛩ Azuki: 2.40 ETH (▼ 0.21%)
👩🏻 Milady Maker: 3.07 ETH (▼ 0.37%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 0.76%)
🐧 Pudgy Penguins: 9.49 ETH (▼ 1.09%)
🐱 Quantum Cats: 0.03 BTC (▼ 2.88%)
🧙♂️ Taproot Wizards: 0.19 BTC (▼ 3.05%)
🍭 Mocaverse: 1.60 ETH (▼ 5.13%)
Notes:
If you find quick daily crypto updates helpful, please feel free to subscribe:
The content on this site is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Managed by @AxuETH, @Miinted, @drethernik, @SpeedyGonzale87 and @SSPxLEO