Bitcoin Penguins aim to be one of the top meme coins- with a Bitcoin backbone

  • BPENGU merges Bitcoin power with penguin meme hype for explosive growth potential.
  • 15-stage presale offers up to 75% gains before September 2, 2025 launch.
  • Global Bitcoin adoption adds macro momentum to BPENGU’s meme coin narrative.

In a crypto market where meme culture and macro trends collide, Pudgy Penguins has been the undeniable darling of the last 90 days, soaring over 132% and proving that cute sells — especially when it waddles on Ethereum.

But there’s a new bird in town, and it’s nesting on Bitcoin’s bedrock.

Bitcoin Penguins ($BPENGU) fuses two of crypto’s most explosive forces: Bitcoin’s “digital gold” narrative and penguin meme mania.

The result? A project positioning itself as the inevitable evolution of the penguin coin craze.

If you thought you missed the PENGU rocket, BPENGU wants you to think again.

From Pudgy to BPENGU — the second waddle

Pudgy Penguins’ meteoric run has created proof of concept for penguin-themed tokens.

Now, BPENGU is upping the ante with a 30-day, 15-stage presale where prices rise 5% per stage — meaning Stage 1 buyers could see 75% gains before launch.

The hard cap is $10 million, and BPENGU has already raised $2.09 million, with a confirmed listing on September 2, 2025.

Tokenomics are tuned for investor appeal: 55% of supply is allocated to presale, with 20% for staking, 10% liquidity, and just 3% to team and advisors — too small to meaningfully impact price at higher caps.

Early backers are eyeing November’s target of $2 per token, which would represent a 1,000× return from Stage 1 pricing.

The token is currently available at $0.00122, providing a massive opportunity for early backers.

BPENGU’s roadmap is nothing if not ambitious: a “March of the Penguins” push toward a $1B FDV by October, global partnerships, and even a tongue-in-cheek #BuyAntarctica campaign tied to penguin conservation efforts.

In a market that thrives on spectacle, this is a playbook built for sustained hype cycles.

Penguin season meets Bitcoin’s macro tailwinds

The timing could hardly be better. Bitcoin remains at an all-time momentum, altcoin season is stirring, and the penguin meta is still in full swing.

For BPENGU, the Bitcoin connection isn’t just branding — it’s strategic.

The project is launching amid growing global moves toward Bitcoin adoption at the state level.

The US recently signed the GENIUS Act into law by President Donald Trump, making it the first crypto law in US history.

In Indonesia, Bitcoin Indonesia — a local crypto advocacy group — recently met with Vice President Gibran Rakabuming Raka’s office to present a national Bitcoin strategy.

Discussions included integrating Bitcoin into the national reserve framework and using surplus renewable energy for mining.

While Bitcoin remains banned as a payment method, institutional interest is building, with officials agreeing the country must “continue to educate about Bitcoin in the future.”

Meanwhile, Brazil is preparing for an August 20 public hearing on a bill that could allocate up to 5% of national treasury reserves — roughly $15 billion — into Bitcoin.

While central bank officials are divided, the proposal has backing from Vice President Geraldo Alckmin’s office and will see participation from six major institutions.

For meme-coin investors, these moves add macro tailwinds to BPENGU’s narrative.

A penguin coin tied to the world’s most recognized and increasingly institutionally endorsed crypto asset may offer more than short-term speculative hype — it could ride broader Bitcoin adoption trends.

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Ether could dip below $3,400 after retesting the $3,730 resistance; Check forecast

Key takeaways

  • ETH is down nearly 2% and now trades around $3,600.
  • The second-largest cryptocurrency by market cap could drop below $3,400 if market conditions remain bearish.

Ether fails to stay above $3,700 as market correction continues

Ether, the second-largest cryptocurrency by market cap, lost 2% of its value over the last 24 hours. The negative performance comes as Ether failed to take out the $3,730 resistance and briefly dropped below $3,600.

At press time, Ether is trading at $3,620 and could drop lower if the market conditions remain bearish. The bearish performance also comes despite Ether ETFs recording inflows of $73.22 million on Tuesday, likely driven by the SEC’s guidance on staking activities not being securities offerings.

Nate Geraci, president of NovaDius Wealth Management, explained that the guidance has cleared the last hurdle, stopping the market regulator from approving spot ether ETFs with staking.

Ethereum retests its daily resistance at $3,730, could drop below $3,400

The ETH/USD 4-hour chart remains bullish as Ether has defended its price above $3k over the last few weeks. On Tuesday, Ether faced rejection from its daily resistance level at $3,730 and declined by more than 3%. 

At the time of writing on Wednesday, it continues to trade in red at around $3,620. The technical indicators suggest a weakening bullish momentum, which could see the price drop further in the near term. 

ETH/USD 4H Chart

If that happens, ETH could drop below the $3,400 low created over the weekend. An extended bearish run could result in Ether retesting the valid trading range around $3,077 for the first time since July 14.

The RSI of 53 suggests a weakening bullish momentum, while the MACD continues to hold a bearish crossover and supports the correction thesis. If the RSI remains above 50, the bulls could regain control of the market and push ETH above the daily resistance at $3,730 in the coming hours or days. Ether could also extend the recovery toward its next key resistance at $4,000.

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Pendle price forecast: PENDLE could reclaim $4.5 as adoption grows

Key takeaways

  • PENDLE is down 1% in the last 24 hours as the broader crypto market undergoes a correction.
  • The coin could rally towards $4.5 soon after sweeping liquidity to the downside.

PENDLE defends its price above $3

The cryptocurrency market has been bearish since the start of the week, with most coins and tokens currently in the red. Memecoins have recorded bigger losses as they are more volatile compared to other narratives in the crypto ecosystem.

PENDLE, the native coin of the Pendle ecosystem, has lost 10% of its value over the last seven days but could bounce back soon. At press time, the coin is trading at $3.870 after defending its price above $3.5.

The primary catalyst behind a possible rally would be Pendle launching Boros on Arbitrum, allowing users to trade funding rates of Bitcoin and ether perpetual markets. Boros enables traders to go long or short on funding rate exposure using “Yield Units” (YUs), which are structurally similar to Pendle’s existing Yield Tokens.

This integration could boost PENDLE’s adoption, resulting in a price surge in the near to medium term.

PENDLE eyes $4.5 after sweeping downside liquidity

The PENDLE/USD 4-hour chart is bullish and efficient after PENDLE swept liquidity to the downside over the weekend. The efficiency could allow PENDLE to rally higher in the near term.

The technical indicators are also bullish, suggesting that buyers are currently in control. At press time, PENDLE is trading at $3.870. After sweeping liquidity to the downside and creating a TLQ at $3.6, PENDLE could surge higher and hit the first major resistance level at $4.5 over the next few hours or days. An extended bullish run would allow the coin to retest its recent high of $5.013. 

PENDLE/USD 4H Chart

The RSI of 46 shows that the selling pressure is fading. However, RSI needs to stay above 50 for PENDLE to embark on a sustainable rally. 

On the flipside, PENDLE could retest the $3.6 weekend low if bullish momentum fails to hold. Failure to defend the weekend low would allow PENDL to retest the $3.090 support level for the first time since June.

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SEC staff statement on liquid staking may pave way for staking in spot Ether ETFs

  • SEC staff said certain liquid staking activities do not constitute the sale of securities in a new clarification.
  • The statement clarifies that “Staking Receipt Tokens” do not need to be registered under securities laws.
  • SEC Chair Paul Atkins called the move a “significant step forward in clarifying the staff’s view” on crypto activities.

In a significant and widely welcomed move, the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance has issued a statement clarifying its view that certain liquid staking activities associated with protocol staking do not constitute the sale of securities.

This clarification, released on August 5, provides a measure of long-sought regulatory clarity for a key and rapidly growing sector of the cryptocurrency ecosystem.

The SEC Division’s statement specified that parties involved in the minting, offering, and redeeming of certain liquid staking tokens are not required to register with the federal regulator under the securities laws.

In essence, the offer and sale of these “Staking Receipt Tokens,” as the statement referred to them, are not considered securities offerings unless the underlying deposited crypto assets are themselves part of or subject to an investment contract.

This is a pivotal clarification for the crypto industry. In the world of crypto, staking is the process of locking up crypto assets, such as Ethereum (ETH), to help secure a proof-of-stake (PoS) blockchain network in exchange for rewards. Liquid staking is a popular variant of this process.

When users stake their crypto assets through a liquid staking protocol, they receive a tokenized version of their staked assets, such as sETH (staked ETH).

The key feature of these “liquid staking tokens” is that, unlike traditionally staked assets, they are not locked up; they remain liquid and can be traded, lent, or used in other decentralized finance (DeFi) applications while the original assets continue to earn staking rewards.

SEC Chairman Paul Atkins framed the announcement as part of a broader commitment to providing clear guidance on emerging technologies.

“Under my leadership, the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities,” Atkins stated.

Today’s staff statement on liquid staking is a significant step forward in clarifying the staff’s view about crypto asset activities that do not fall within the SEC’s jurisdiction.

SEC Commissioner Hester Peirce, a long-time advocate for regulatory clarity in the crypto space, also welcomed the statement.

She explained that it clarifies that liquid staking activities in connection with protocol staking do not constitute the selling of securities.

“Instead, it is a variant on the longstanding practice of depositing goods with an agent who performs a ministerial function in exchange for a receipt that evidences ownership of the goods,” she added, providing a useful analogy to traditional commercial practices.

Industry leaders celebrate, eyes turn to Ethereum ETFs

The crypto industry’s reaction to the SEC’s clarification has been overwhelmingly positive. Alexander Grieve, VP of Government Affairs at the crypto investment firm Paradigm, celebrated the move.

Miles Jennings, Head of Policy & General Counsel at the prominent crypto-focused venture capital firm Andreessen Horowitz (a16z), went a step further, calling it a “huge win.”

This development is particularly timely and relevant for the issuers of spot Ether ETFs. These firms, such as Bitwise, have been actively trying to get the SEC’s approval to allow staking for their Ethereum ETFs, a feature that would enable the funds to generate additional yield for their investors.

The SEC’s new clarification on liquid staking is seen by many as a crucial step towards making that a reality.

Nate Geraci, President of NovaDius Wealth Management, expressed his optimism, suggesting this could be the final piece of the puzzle.

“Think last hurdle in order for SEC to approve staking in spot eth ETFs,” he said. Geraci further explained how liquid staking tokens could be a key part of the solution: “Liquid staking tokens will be used to help manage liquidity w/in spot eth ETFs, something that was a concern for SEC.”

By providing a liquid, tradable representation of the staked assets, these tokens could help ETF issuers manage the daily inflows and outflows of their funds more efficiently, addressing one of the SEC’s previous operational concerns.

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