Why Bitcoin Could Earn ‘Asset Class’ Status at $500K, Says Scaramucci in Bold Prediction

Bitcoin Still Needs the $500K Moment to Earn Asset Class Status

Bitcoin's price as of Scaramucci's prediction

At Consensus 2025, Bitcoin wasn’t just trending — it was being redefined. Anthony Scaramucci, CEO of SkyBridge Capital, dropped a hot take that echoed across the conference: BTC needs to hit $500,000 before the world starts calling it a real asset class.

Scaramucci broke it down with a finance-insider lens. “Three trillion is like a mag 7 stock. Twenty trillion is an asset class,” he said. His point? Market cap and perception go hand in hand — and BTC still has some stairs to climb.

The panel was stacked with names: Jonathan Steinberg (WisdomTree), Pasqual St-Jean (3iQ), and Andy Baehr (CoinDesk Indices) all joined the convo. The vibe? Bitcoin’s growing up, but it’s still not sitting at the grown-up table.

They agreed BTC is gaining real institutional cred, but price alone won’t cut it. Public awareness, infrastructure, and ease of access are just as important.

BTC vs. The Rest of Crypto

St-Jean made a key point: not all crypto is created equal. While Bitcoin’s getting attention, governance and utility tokens are harder sells to institutions. “They’re like, ‘What am I actually owning?’” he said.

Bottom line? Bitcoin’s not fully there yet, but it’s on the runway. If the $500K prediction plays out and infrastructure keeps improving, we might be looking at the next global asset class in real time.

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5 insane Altcoins Outshining Bitcoin This Week Amid Surprise Market Shift

Altcoins Are Poppin’ While Bitcoin Takes a Breather

Bitcoin’s been the king of crypto, but this week it took a chill pill. While BTC slipped a modest 0.2% to hover around $103,268, altcoins decided to steal the spotlight — and they did it in style.

Ethereum shot up 4.8%, flexing its DeFi muscles. Solana wasn’t far behind, pulling a 2.9% gain thanks to growing activity in NFTs and high-speed apps. XRP also made some noise, climbing 1.7% with fresh momentum from its ongoing legal wins.

Altcoins ETH price as of May 14, 2025

Altogether, the total crypto market cap spiked 2.7% in just 24 hours, peaking at $3.4 trillion — that’s its highest since February. Analysts think this could be the start of an “altcoin spring,” where investors rotate out of Bitcoin and into smaller, faster-moving assets looking for alpha.

BTC isn’t out of the game though. It’s just stalling near a resistance zone after a long run. Some whales might just be taking profits before the next leg up. Or maybe, they’re rotating into altcoins themselves.

Whatever’s going on, one thing’s clear: the altcoin crowd is having a moment. And in crypto, those moments can flip the entire leaderboard.

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Vinanz Scores $4M in Strategic Funding with Bold NASDAQ Play

Vinanz Bags $4M to Go Bigger on Bitcoin and NASDAQ Dreams

X post Regarding Vinanz

Vinanz is making moves. The Bitcoin-heavy firm just locked in $4 million in funding to grow its BTC stash and eye a major NASDAQ dual listing. Already listed on the London Stock Exchange as “BTC.L” and trading in the U.S. under “VINZF,” Vinanz is now gunning for that big-league exposure.

The money’s coming from Dominari Securities, a U.S. investment bank, backed by a global fund. It’s split into two parts — $2M already in the bag, and another $2M coming if Vinanz hits certain goals. The cash will go toward beefing up their Bitcoin mining game in states like Indiana and Texas, plus Canada.

Now, this isn’t a free ride. The funds come with 5% annual interest and must be paid back in a year per drawdown. But here’s the twist: the investor can swap the debt for shares — either at a flat 25p or at 95% of the lowest 10-day price. Still, they can’t own more than 4.99% of the company or convert if the stock’s too low.

Chairman David Lenigas called the deal “timely,” saying it gives Vinanz the boost it needs as Bitcoin gains more mainstream clout. The NASDAQ move could bring serious institutional eyes.

With the crypto market heating up again, this play might just put Vinanz in the spotlight for real.

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Breaking ! Crypto Market Today: 7 Major Moves You Can’t Miss – Bitcoin Nears ATH, XRP Surges, and Regulatory Shifts Shape the Future

Crypto Market Today: Key Developments on May 12, 2025

As of May 12, 2025, the crypto market today is experiencing significant movements and developments:

  1. Bitcoin Approaches All-Time High: Bitcoin (BTC) is trading at approximately $104,198, nearing its previous all-time high. This surge is attributed to favorable U.S. policies and shifts in miner behavior. FingerLakes1
  2. XRP Surges 50%: XRP has experienced a 50% increase from $1.75, with analysts predicting a potential challenge to its all-time high.
Crypto Market Today
  1. Arizona Establishes Cryptocurrency Reserve Fund: Arizona has become the second U.S. state to create a cryptocurrency reserve fund, aiming to protect the value of unclaimed digital assets. Axios
  2. BitGo Secures MiCA License in Germany: Crypto custodian BitGo has obtained a Markets in Crypto-Assets (MiCA) license in Germany, enhancing its regulatory compliance in Europe. Cointelegraph
  3. Amber International Launches $100M Crypto Ecosystem Reserve: Amber International has unveiled a $100 million reserve to expand institutional crypto adoption, signaling increased institutional interest in digital assets. Morningstar
  4. Pakistan Launches Crypto Council: Pakistan has established the Pakistan Crypto Council to oversee and promote blockchain technology and digital assets within the country. Wikipedia
  5. Hut 8 Subsidiary Announces Go-Public Transaction: American Bitcoin, a subsidiary of Hut 8, has announced plans to go public, reflecting ongoing developments in the crypto mining sector. GlobeNewswire

These developments indicate a dynamic and evolving cryptocurrency landscape, with significant price movements and regulatory advancements shaping the market’s future. This is what happened in crypto market today.

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Metaplanet’s Bitcoin Holdings Surge to 6,796 BTC: A Bold Move in 2025’s Crypto Landscape

Metaplanet’s Strategic Bitcoin Accumulation in 2025

On May 12, 2025, Tokyo-based investment firm Metaplanet announced the acquisition of an additional 1,241 Bitcoin (BTC) for approximately ¥18.4 billion (around $126.7 million). This purchase elevates Metaplanet’s total Bitcoin holdings to 6,796 BTC, surpassing El Salvador’s national reserves and marking a significant milestone in corporate cryptocurrency investment .

BTC's price as Metaplanet surges their holdings

The average acquisition price for this latest purchase was $102,119 per BTC, bringing the firm’s cumulative investment to approximately $608.2 million. It’s aggressive accumulation strategy has drawn comparisons to U.S.-based MicroStrategy, known for its substantial Bitcoin holdings .

Since initiating its Bitcoin investment strategy in April 2024, Metaplanet has set ambitious targets, aiming to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the close of 2026 . The company’s commitment to Bitcoin as a core treasury asset reflects a broader trend of institutional adoption in the cryptocurrency space.

It’s stock has responded positively to its Bitcoin acquisitions, with shares experiencing significant growth since the firm began its crypto investment strategy. This trajectory underscores the market’s confidence in It’s approach and the growing acceptance of digital assets in traditional financial sectors.

THIS IS AWESOME: Bitcoin Price Hits $104K: 2025 Bull Run Gains Momentum

Bitcoin Price Hits $104K: 2025 Bull Run Gains Momentum

Bitcoin Price Soars to $104K Amid Bullish Momentum

As of May 11, 2025, Bitcoin (BTC) is trading at approximately $104,344, marking a significant milestone in its ongoing bull run. This surge is attributed to a combination of institutional investments, favorable macroeconomic conditions, and increased adoption.

Bitcoin's Price as of May 11, 2025

Institutional interest has been a major driver, with significant inflows into Bitcoin-related financial products. Notably, investment firm Strategy plans to invest $84 billion in Bitcoin acquisitions, reflecting growing confidence in the cryptocurrency’s long-term value.

Macroeconomic factors have also played a role. The establishment of the U.S. Strategic Bitcoin Reserve in March 2025 has positioned the United States as a leading holder of Bitcoin, with over 200,000 BTC in its reserves. This move has bolstered investor confidence and signaled governmental support for digital assets.

Technical analysis suggests that if Bitcoin Price will maintains its current momentum, it could reach resistance levels around $107,000, with potential to climb to $120,000 in the coming months.

However, analysts caution that trading volumes have declined, indicating potential short-term volatility. Investors are advised to monitor market trends closely and consider risk management strategies.

In summary, Bitcoin price’s rise to $104,000 reflects a confluence of institutional backing and macroeconomic support, signaling a robust phase in its market cycle.

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MARA Stock Climbs 9%: Cost-Cutting Strategy Sparks Investor Optimism

MARA Stock’s Strategic Surge in 2025

Marathon Digital Holdings (NASDAQ: MARA) experienced a notable 9% increase in MARA stock’s price on Friday, May 9, 2025, closing at $15.52. This uptick comes despite the company missing earnings estimates for the first quarter, highlighting investor confidence in MARA’s strategic direction.

Mara Stock's Valuation

The surge is attributed to Marathon’s aggressive cost-cutting measures and a pivot towards sustainable energy sources. Analysts from Jefferies have highlighted the company’s infrastructure expansion, including a 114 MW wind farm and a newly energized 25 MW micro flared gas data center, as key factors in reducing operational costs and improving profit margins.

Jonathan Petersen, an analyst at Jefferies, noted, “MARA is expanding infrastructure at its 114 MW wind farm and has fully energized its 25 MW micro flared gas data center,” emphasizing the company’s commitment to sustainable operations.

Furthermore, Marathon’s focus on diversifying within its core business—emphasizing revenue from transaction services, mining pools, and energy efficiency—sets it apart from competitors exploring alternative revenue streams like artificial intelligence and high-performance computing.

H.C. Wainwright analyst Kevin Dede supports this approach, stating, “The company remains focused on technology development in its core vertical of power conversion,” and has maintained a buy rating with a price target of $28.

Marathon’s strategic initiatives and commitment to sustainability appear to be resonating with investors, positioning MARA stock for potential growth in the evolving cryptocurrency mining sector.

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Breaking ! LockBit Breach Exposes 60K Bitcoin Addresses in Major Dark Web Leak

LockBit Leak Reveals Ransomware’s Crypto Trail

A major blow just landed on one of the most feared ransomware groups online. Hackers broke into LockBit’s dark web affiliate panel and leaked nearly 60,000 Bitcoin addresses used by the group in ransom attacks. It’s one of the biggest leaks ever tied to a cybercrime ring and could change how investigators track these operations.

Lockbit Bitcoin Breach X post

The leaked database contained 20 detailed tables, including one listing custom ransomware tools made by LockBit affiliates and another with over 4,400 messages between the group and their victims. While no private keys were leaked, the exposure of the addresses gives law enforcement a rare chance to trace payments and map LockBit’s financial footprint.

To top it off, the hackers behind the breach left a taunt: “Don’t do crime. CRIME IS BAD xoxo from Prague.” The same message was used in a separate ransomware gang takedown, suggesting a rogue vigilante group is going after these criminal networks.

LockBit has been under fire for a while. In early 2024, a ten-nation task force moved to dismantle its operations. This leak only ramps up the pressure. And with crypto always in the middle of these schemes, the transparency of blockchain might finally give defenders the upper hand.

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Breaking !Bitcoin’s Stuck at $96K — Will the Fed Send It Over $100K Today?

Bitcoin’s been chilling between $93.4K and $97K for the past week, and everyone’s just waiting on one thing: the FOMC meeting at 2 PM ET today. That’s the next big catalyst — and it could be the moment BTC blasts past the $100K mark.

bitcoin

What’s the Fed Saying?

According to the CME FedWatch Tool, there’s a 97.7% chance the Fed won’t touch interest rates, keeping them between 4.25%–4.50%. Inflation’s still being stubborn, and pressure for cuts is rising, but Fed Chair Jerome Powell is likely to keep things steady with his usual cautious tone.

Where’s Bitcoin At?

Right now, BTC is trading at $96,929, up 2.44% in the last 24 hours, with $38.1B in volume, per CoinMarketCap.

Price Action: What the Charts Say

On the 4-hour chart, BTC just bounced off a solid support at $93K and is now testing resistance. If momentum holds, we could see a breakout — think a 5% pump to $102.25K. But if BTC gets rejected here, it could dip hard down to $88,772.

Bitfinex’s Take

A recent Bitfinex report (May 6) says $95K is make-or-break. It’s the bottom of a three-month price range. Holding above it? Possible new all-time highs. But if BTC slips below $95K, things could unravel fast.

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Why Robert Kiyosaki Calls Bitcoin a Better Hedge Than Precious Metals

Robert Kiyosaki Highlights Bitcoin’s Scarcity as Its Greatest Strength

As gold approaches record highs near the $5,000 mark, finance author and investor Robert Kiyosaki has reaffirmed his belief that Bitcoin is a better investment than traditional precious metals. Taking to X (formerly Twitter), the Rich Dad Poor Dad author pointed to Bitcoin’s capped supply as the defining reason he favors it over gold or silver.

“One reason why I trust Bitcoin is there are only to ever be 21 million,” Kiyosaki wrote. He contrasted Bitcoin’s strict scarcity with the flexible supply of physical resources like gold, silver, and oil. “If the price of gold, silver, or oil goes up, I will simply mine or drill for more… I cannot do that with Bitcoin.”

Unlike commodities, Bitcoin’s supply cannot expand in response to market demand. It is mathematically fixed and enforced by the blockchain, making it immune to inflationary pressures that affect fiat currencies and mined resources.

Robert Kiyosaki, who owns physical mines and oil wells, stressed that supply increases are possible for virtually all other assets—except Bitcoin. For him, that makes BTC uniquely valuable in uncertain financial environments, where inflation and policy instability are growing concerns.

This isn’t the first time Kiyosaki has voiced support for Bitcoin. He has long encouraged diversification away from fiat currencies and previously predicted Bitcoin could hit $250,000 by 2025. With Bitcoin currently trading near $97,000, that target appears increasingly plausible.

Bitcoin price the time Robert Kiyosaki made the statement

His recent statements came as both gold and Bitcoin are trending upward. Historically, when both assets rise in tandem, Bitcoin often leads the charge due to its higher volatility and market-driven appeal.

Robert Kiyosaki’s latest remarks contribute to the growing perception of Bitcoin as a mainstream hedge asset, not just a speculative play. With traditional investors and institutions joining the fold, the argument that Bitcoin is “digital gold” continues to gain traction.

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