Bullish News but Bearish Moves..

DAILY MARKET OVERVIEW

Why Bitcoin's local top may already be in

👋 Hey, Crypto Enthusiasts! The crypto markets are sending mixed signals. Big headlines are grabbing attention, but price action is telling a different story.

We’re coming off a string of bullish headlines, but the market isn’t responding the way you’d expect. Despite the excitement around Trump’s $2.5 billion Bitcoin play and GameStop’s entry into the BTC treasury club, price action is starting to falter.

Bitcoin is still hovering near $110,000 but struggling to break through with conviction. After seven straight weeks of green candles, the market may be running low on momentum.

⚠️ Caution Lights Are Flashing

It’s looking more and more like a local top is forming. A short-term correction is likely, with targets around $100,000 to $102,000. Traders should be on alert, especially with how news is being received.

🔻 GameStop's Bitcoin Buy Falls Flat

The gaming retailer purchased 4,710 BTC (worth roughly $500 million) and filed plans for a $1.5 billion convertible note to raise more capital. Normally this would spark excitement, but the market reaction was muted. This has all the markings of a sell-the-news event.

🏛️ Strategy Slowing Its Pace

Strategy is still buying Bitcoin but at a slower rate. The reasons are clear:

• MSTR’s premium to its BTC holdings is falling

• There’s more competition from other corporate buyers

• Aggressive buying now has less market impact

Analysts at K33 suggest this slowdown, paired with saturation in the BTC treasury narrative, is creating the conditions for a near-term pullback.

🏦 The Government Is Quietly Bullish

Despite short-term bearishness, the long term remains bullish. At the Bitcoin 2025 conference in Las Vegas, White House crypto czar David Sacks confirmed that the US government is actively working to expand its Bitcoin holdings.

The key points:

• The US already holds 200,000 BTC, valued at around $22 billion

• New purchases are planned through creative, budget-neutral strategies

• Presidential authorization is in place to fund more BTC buys using tools like gold revaluation, Treasury surpluses, and IMF credits

Sacks emphasized that no tax hikes or debt increases are needed. This marks a significant policy shift: Bitcoin is being treated as a strategic reserve asset.

Meanwhile, Senator Cynthia Lummis continues to advocate for a proposal that would have the US purchase 1 million BTC. It’s a long shot in the short term, but the signal is strong. If passed, it would be one of the most bullish moves in Bitcoin’s history.

THIS NEWSLETTER IS BROUGHT TO YOU BY:
OPENWALLET

Next-level security for your digital assets

Experience top security with Open Wallet. Your wallet blends user-friendliness with strong security.

SOCIAL SENTIMENT

Caution Taking Over

Over the next one to two weeks, expect sentiment to lean bearish. Traders are already rotating out of high-risk assets and preparing for more volatility. That doesn't mean opportunity is gone, but it does mean setups need to be more selective.

🔍 Project Radar: Dolomite (DOLO)

Dolomite is a lending and borrowing protocol that recently launched via airdrop. As expected, many holders sold immediately, leading to a price drop. But there’s more here than meets the eye.

Here's what makes it interesting:

• The founder is the Technical Strategist at Trump’s World Liberty Finance
  

• The protocol recently paired its liquidity pool with USD1, Trump’s stablecoin
  

• There’s a growing stablecoin narrative, and platforms like Dolomite and AAVE could benefit from the demand for yield
  

• Dolomite’s market cap is still low, around $15 million in circulation
  

• World Liberty Finance previously triggered a rally when they bought a meme coin paired with USD1 to support it. If they do the same with DOLO, it could create a strong price move

These are speculative factors, but the Trump connection and stablecoin integration put Dolomite in a unique position. If capital from Trump-aligned initiatives flows in, DOLO could see renewed momentum.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

GameStop Adds $500M in Bitcoin to Its Treasury Strategy
GameStop bought 4,710 bitcoin for its reserves after approving a crypto treasury policy and raising $1.5B in funding.

eToro Relaunches Crypto Tokens in the U.S. After SEC Settlement
eToro reintroduced 12 crypto tokens to U.S. users as it ramps up growth following a 2024 SEC settlement and IPO push.

MetaMask Adds Native Solana Support to Browser Wallet
MetaMask now supports Solana directly in its browser wallet and plans to expand to mobile and other non-EVM chains soon.

Metaplanet Raises $50M to Expand Bitcoin Holdings
Metaplanet issued zero-interest bonds to buy more BTC, targeting 10,000 coins by year-end after acquiring 7,800 so far.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Jesse Eckel – Why I'm Buying TINY 'Internet Capital Markets' Altcoins (28.05.2025 Summary)

Jesse Eckel breaks down a new and fast-growing narrative in crypto: Internet Capital Markets (ICM). He explains why he’s placing early bets on this trend, what makes it different from traditional altcoins or memecoins, and the two specific tokens he’s investing in: Launchcoin and Banned.

📈 Internet Capital Markets: The Next Wave of Altcoins

• What Are Internet Capital Markets (ICM)?
  ICM tokens are decentralized funding vehicles. They give anyone the ability to raise capital for an idea, like a startup or app, using token issuance without needing VC access.

• Meme Culture Meets Startup Capital
  Jesse describes ICMs as the evolution of memecoins, using the same viral token mechanics, but to fund actual businesses or tools rather than jokes or empty hype.

• Powered by Believe.app
  This Solana-based platform acts like pump.fun but focused on idea-driven tokens. Since April 2025, it has launched over 16,000 tokens and generated billions in trading volume.

🔍 Jesse’s Investments

1. Launchcoin

• Infrastructure token for Believe.app

• Every buy or sell carries a 2% fee, with 1% going to the token creator and 1% to Launchcoin’s treasury

• At a $200 million market cap, Jesse sees significant room for growth

  • 63x potential if it reaches Hyperliquid's scale

  • 464x if it ever rivaled Solana's size

• He views it as a "blue-chip-in-the-making" for the ICM ecosystem

2. Banned

• A micro-cap ($600K market cap) social video app like Vine with community moderation

• Verified on Believe.app, one of only 20 verified tokens

• Already live with 2,000 users and mentioned by Solana's official account

• Recommended by a trusted member of Jesse’s community with a strong track record

⚖️ Legal and Regulatory Outlook

• Favorable SEC Environment
  Jesse notes that the new SEC under Paul Atkins, with Hester Peirce leading crypto regulation, is taking a deregulatory, pro-innovation stance

• Not Quite Securities
  ICM tokens operate in a legal gray area, avoiding direct equity links while still offering economic incentives. This is similar to how many utility tokens were structured in prior cycles

🧠 The Bigger Picture

• Decentralized VC for the Masses
  Jesse believes ICMs will let anyone invest in startups, research, apps, and creators from day one, replacing traditional gatekeepers

• Believe.app as the "New NASDAQ"
  If Believe.app becomes the default launchpad for early-stage ideas, Jesse sees massive upside, potentially greater than Ethereum’s early days with ERC-20s in 2017

• On-Chain First Movers
  These tokens aren’t on Coinbase or Kraken yet. Jesse argues that the best opportunities are on-chain only, and early buyers need to do the work

🧩 Final Thoughts from Jesse

Jesse Eckel views Internet Capital Markets as the next frontier of altcoins, a narrative that combines meme-style virality with real-world utility. Platforms like Believe.app are laying the groundwork for a new way to fund and launch businesses, and tokens like Launchcoin and Band are his early bets on that infrastructure. With regulatory support shifting and tokenization gaining momentum, Jesse believes the potential is massive. As always, he warns that these investments carry high risk, and smart timing and independent research are essential.

CoinBureau – BTC Price Predictions, SUI Fall, HYPE, Trump Coin Scandal & More (28.05.2025 Summary)

This summary covers key insights and predictions from Guy Turner and Nick of Coin Bureau in their latest YouTube stream, including Bitcoin's recent performance, technical signals, ETF flows, price outlook, and notable altcoin developments. The summary is broken down into clear sections for easy reading.

Bitcoin's Breakout and Key Technical Signals

• Bitcoin set a new all-time high around $110K, even as stocks, bonds, and the dollar declined

• The breakout was supported by:

  • Record high weekly and daily closes

  • Formation of a golden cross (50-day moving average crossing above the 200-day)

  • ETF inflows totaling $2.7 billion in one week

• Market conditions appear less euphoric compared to previous ATHs, with lower funding rates and volatility

• MicroStrategy’s Michael Saylor added more BTC, bringing holdings to over 580,000 BTC

ETF Flows and Market Sentiment

• Bitcoin ETFs saw consistent daily inflows last week, suggesting growing institutional interest

• Weekly trading volume hit $25 billion, the highest since ETFs launched

• Google Trends and YouTube data show muted retail enthusiasm compared to previous cycles

• This suggests the market is not yet overheated and may have more room to grow

Bitcoin Price Predictions

• Nick predicts BTC could peak at $150K in 2024

• Guy offers a slightly higher estimate of $172K

• Arthur Hayes expects $250K by year-end and $1M by 2028

• Other forecasts:

  • Tim Draper: $250K (longstanding)

  • Bernstein: $200K in 2025

  • Standard Chartered: Raised target from $120K to $200K

  • VanEck: $180K by end of 2025

Altcoin Highlights: The Good, the Bad, and the Ugly

Hyperliquid (HYPE):

• Surpassed Sui in market cap, now aiming for a “Solana-like” run

• Potential 240% upside by July based on breakout structure

• $9B in open interest, surpassing several centralized exchanges

• Benefited from privacy concerns post-Coinbase data breach

Sui Ecosystem:

• Sui’s major DEX Cetus was exploited for $220M using spoofed tokens

• $160M in assets were frozen and may be returned

• The hack raised concerns about centralization after validators blocked hacker transactions

TrumpCoin Controversy:

• Trump hosted a dinner for top holders, drawing criticism from media and protestors

• Critics say linking crypto with partisan politics could hurt its broader adoption

• Top holders included figures like Justin Sun and Wintermute’s Evenny

Coins & Events to Watch

• Bitcoin (BTC): Main coin to watch this week due to potential continuation above ATH

• Nvidia earnings (May 28): May impact AI tokens like Worldcoin

• FOMC minutes (May 28) and PCE inflation data (May 30): Will influence Fed rate expectations

Summary Verdict:
Coin Bureau’s Guy and Nick deliver a detailed, data-backed outlook showing strong upside potential for Bitcoin while noting altcoin volatility and the risks of political entanglement. Market sentiment remains bullish but measured, with major technical indicators and ETF flows supporting continued price growth.

CRYPTO MEMES