Monat: Juni 2025

• Despite the renewed uncertainty, the long-term outlook for Bitcoin remains largely optimistic.
• With Bitcoin’s climb, early-stage tokens like Bitcoin Pepe could stand to benefit significantly.
• The Bitcoin Pepe presale has raised over $14 million. The BPEP token is currently priced at 0.0416.

Bitcoin has tumbled closer to the psychologically significant $100,000 mark, dealing a blow to traders who had been anticipating a breakout to new all-time highs.

The decline followed a sharp escalation in geopolitical tensions after Israel launched a series of airstrikes on Iran.

Bitcoin responded swiftly, falling 2.8% from $106,042 to $103,053 within 90 minutes.

Despite the renewed uncertainty, the long-term outlook for Bitcoin remains largely optimistic.

Over the past few weeks, several analysts have issued bullish forecasts, citing macroeconomic shifts, growing institutional interest, and broader adoption trends.

If those predictions play out, early-stage tokens like Bitcoin Pepe could stand to benefit significantly.

These assets, while carrying some degree of elevated risk, are increasingly appealing to investors seeking higher upside potential in a recovering market.

As sentiment improves across the crypto landscape, speculative tokens often see renewed inflows, with traders rotating capital into high-volatility opportunities in pursuit of outsize returns.

Bitcoin at $1 million?

Bitcoin could potentially rise tenfold and reach $1 million over time if adoption continues to expand, according to Galaxy Digital founder and CEO Mike Novogratz.

Speaking with CNBC on Thursday, Novogratz said the long-term bull case hinges on generational shifts and growing acceptance of Bitcoin as a legitimate store of value.

“The bull case becomes that over time, young people care about it more than old people, so gold slowly gets replaced by Bitcoin,” he said.

“If you look at gold’s market cap and Bitcoin’s market cap, Bitcoin has a long way to go — 10x — and so that’s [$1 million] Bitcoin just to be where gold is.”

Novogratz is the latest in a growing list of high-profile Bitcoin advocates to forecast significant long-term upside.

Strategy’s Michael Saylor has also repeatedly outlined a multi-year bullish thesis for cryptocurrency.

Novogratz pointed to accelerating macro adoption as the key driver behind his forecast.

“Now we’ve got all these treasury companies buying Bitcoin, we’ve got sovereign wealth buying Bitcoin, we’ve got retail investors buying Bitcoin, there are easier ways to get it,” he said.

“So the adoption of Bitcoin as a macro asset, as an asset to save money in, I think that’s now a ball rolling downhill.”

Bitcoin Pepe to ride the Bitcoin wave

In a scenario where Bitcoin breaches the $1 million mark, high-risk, high-reward assets like Bitcoin Pepe could be among the biggest beneficiaries.

A breakout of that scale would likely reignite speculative appetite across the crypto market, channeling capital into smaller, meme-infused tokens that promise exponential upside.

Bitcoin Pepe is uniquely positioned at the convergence of two dominant narratives: its integration with Bitcoin’s technical infrastructure and its foundation in internet meme culture.

This dual identity enhances its appeal in bullish market phases, where investors tend to chase novelty and asymmetric return potential.

As the first meme-centric Layer 2 network built on Bitcoin, Bitcoin Pepe aims to combine the base layer’s security with scalability on par with Solana.

This infrastructure-forward positioning, paired with its viral meme appeal, has helped the project stand out in a saturated market.

Its ongoing presale has already raised over $14 million, underscoring strong investor interest ahead of a scheduled listing announcement on June 17.

The BPEP token is currently priced at $0.0416.

The post Where is Bitcoin Pepe headed as analyst sees BTC hitting $1M? appeared first on CoinJournal.

• The US SEC has rescinded a series of proposed rules introduced under the previous administration.
• With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain.
• Bitcoin Pepe’s presale has raised over $14 million in its ongoing presale.

Bitcoin has tumbled closer to the psychologically significant $100,000 mark, dealing a blow to traders who had been anticipating a breakout to new all-time highs.

The drop came after Israel launched a series of airstrikes on Iran, further escalating geopolitical tensions in the region.

Explosions were reported in Tehran at 22:50 UTC on Thursday, shortly before Israel took responsibility for the strikes.

Bitcoin reacted swiftly, falling 2.8% from $106,042 to $103,053 within 90 minutes.

Despite the mounting uncertainty, there is a notable development on the regulatory front.

The US Securities and Exchange Commission has withdrawn a set of proposed rules introduced under the Biden administration — a move that could signal a shift in the agency’s approach to crypto regulation.

With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain from the increased visibility.

SEC scraps Biden-era rules

The US Securities and Exchange Commission has formally rescinded a series of proposed rules introduced under the Biden administration, including two key measures targeting crypto custody and exchange oversight.

In a statement issued Thursday, the SEC said it was “withdrawing certain notices of proposed rulemaking” that had been floated between March 2022 and November 2023, during the tenure of former Chair Gary Gensler.

The agency clarified that it “does not intend to issue final rules with respect to these proposals,” but left the door open to revisit the issues with new proposals in the future.

The move marks the latest regulatory rollback under President Donald Trump, who has signaled a broad push for deregulation across both digital assets and traditional markets.

“Down goes 3b16, qualified custodian, and all the other unfinished Gensler rule proposals,” Coinbase chief legal officer Paul Grewal wrote on X, applauding the development.

Bitcoin Pepe can ride the broader momentum

The increasing regulatory clarity is expected to bring much-needed visibility to the broader altcoin and meme coin markets, potentially reshaping investor perception of these assets.

As oversight improves, the shift from pure speculation to more credible, utility-driven narratives within the digital asset ecosystem could accelerate.

This evolving landscape may lend legitimacy to technically ambitious projects like Bitcoin Pepe, which are attempting to bridge the gap between meme-driven appeal and real-world functionality.

By combining infrastructure innovation with cultural relevance, such projects stand to benefit as the market begins to reward substance alongside sentiment.

Unlike many meme tokens that depend entirely on momentum and community-driven hype, Bitcoin Pepe distinguishes itself with a defined technical roadmap and an infrastructure-focused approach.

Backed by this more structured narrative, the project has already raised over $14 million in its ongoing presale, with a listing announcement scheduled for June 17.

The post Best crypto to buy now as SEC scraps Biden era proposed crypto rules appeared first on CoinJournal.