Bitcoin Smashes $103K as ETF Money Floods In—Wall Street Finally Wakes Up
BTC rockets past six figures as institutional capital pivots from legacy ETFs to crypto’s golden child. The ’slow money’ stampede has begun—just as retail traders start taking profits.
Who’s left holding the bag? Probably the same finance bros who called Bitcoin a scam at $30K. The blockchain never forgets.
Wisconsin Dumps $355M Bitcoin ETF Holdings — What’s Next?SWIB Exits Bitcoin: The State of Wisconsin Investment Board sold 6,060,351 shares of BlackRock’s iShares Bitcoin Trust (IBIT) in Q1 2025, worth ~$355.6M. This follows its $164M investment in Q1 2024, making it one of… — Bitcoin Weirdo (@Bitcoin_Weirdo) May 16, 2025
This is rebalance exhibits cautious optimism: long term conviction is strong but short term futures premiums and reduced arbitrage is causing tactical exits.
Eric Trump Says Global Bitcoin Hoarding
At Consensus 2025, Eric TRUMP said there’s a “global rush” to buy Bitcoin. In conversation with Hut 8 CEO Asher Genoot, Trump said sovereign wealth funds, billionaires and public companies are hoarding BTC.
Trump’s mining firm American Bitcoin is preparing for a Nasdaq listing through a merger with Gryphon Digital Mining.
BULLISH
ERIC TRUMP DECLARES, “EVERYBODY IN THE WORLD IS TRYING TO HOARD BITCOIN RIGHT NOW.” pic.twitter.com/s4JLhVQHUi
He said there are two races in the Bitcoin economy: one for mining infrastructure and one for asset accumulation – led by Michael Saylor. While political, Trump’s comments reinforce the growing strategic interest in Bitcoin from the top of the financial pyramid.
Méliuz Becomes Brazil’s First Bitcoin Treasury Firm
Brazilian fintech Méliuz has become the country’s first publicly listed company to hold Bitcoin in its treasury. Shareholders approved the purchase of 274.52 BTC for $28.4 million, bringing its total holdings to 320.3 BTC – now worth over $33 million.
JUST IN:
Brazilian public company Méliuz becomes first Bitcoin Treasury Company in the country, buys $28.4 million #Bitcoin pic.twitter.com/6WnFqefy3L
Méliuz’s stock has risen 117% since it bought its first Bitcoin in March. Bitcoin is now a key part of the company’s growth strategy in emerging markets.
Chairman Israel Salmen said Bitcoin isn’t just a hedge – it’s now a Core part of the business model.
Bitcoin Price Watch: $104K Resistance
Bitcoin price prediction remains neutral as BTC is consolidating below $104,476 after re-taking the 50-EMA at $103,281. A bullish MACD crossover and rising histogram support the case but upper wicks at resistance suggest some exhaustion.
- Entry: Bullish engulfing above $104,476
- Target: $105,716 and $107,031
- Stop-Loss: Below $102,800
If BTC breaks below $101,926 it may go to $100,768 or $99,602. Until then, the path of least resistance is up.
BTC Bull Token Nears $6.84M Cap as 71% Staking Yield Drives Demand
As Bitcoin stabilizes above $103K, investor focus is shifting toward yield-generating altcoins—none more so than BTC Bull Token ($BTCBULL). The token has now raised $5.80 million out of its $6.84 million presale goal, with a price increase looming as it enters its final funding stretch.
What sets BTCBULL apart is its flexible staking model, offering an estimated 71% annual yield with no lockups or withdrawal penalties.
This approach gives investors the freedom to earn passive income while maintaining full liquidity—an attractive alternative to traditional DeFi staking protocols.
- USDT Raised: $5,802,921.97 / $6,844,387
- Token Price: $0.002515
- Staking Pool: 1.47B BTCBULL
- Yield: 71% APY
BTCBULL merges the viral appeal of meme tokens with the real-world utility of DeFi, making it a standout pick for those looking to capitalize on the 2025 crypto cycle.
With under $1 million left before the next price tier, entry at current levels is limited—fueling urgency among retail investors seeking early access to passive yield.
