đ Bitcoin Rockets Past $109K as Pensions Dive In and Mainstream Adoption Soars
Wall Street's favorite volatile asset just hit escape velocityâagain. Bitcoin's latest surge to $109,000 isn't just another bull run. This time, institutional heavyweights are fueling the tanks.
Pensions Get Skin in the Game
Retirement fundsâyes, the same ones that spent years dismissing cryptoâare now quietly allocating chunks of their portfolios to BTC. Nothing like double-digit returns to make skeptics reconsider their life choices.
Real-World Use Cases Go Vertical
From coffee shops to car dealerships, BTC payments are gaining traction faster than a DeFi exploit. Adoption metrics suggest we've crossed the chasm from 'internet funny money' to 'legitimate settlement layer.'
The Cynic's Corner
Meanwhile, traditional finance bros are still trying to short Bitcoin with leveraged ETFsâbecause clearly, fighting a 16-year uptrend has worked out so well for them.
Legal Clarity Emerges with Celsius vs. Tether Case
A U.S. bankruptcy judge has allowed Celsius to MOVE forward with a $4 billion lawsuit against Tether. The case centres on the alleged liquidation of 39,500 BTC, now valued at $4 billion, outside a contractually agreed 10-hour window. While some charges were dismissed, the core claim remains.
Judge Says $4 Billion Celsius Lawsuit Against Tether Can Proceed
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This decision underscores U.S. court jurisdiction over global crypto entities operating through American financial or communication networks. It also highlights the increasing legal scrutiny within the crypto space.
While the lawsuit introduces short-term uncertainty, it reaffirms the need for enforceable agreements and transparent regulation.
Binance Pay Drives Crypto Payments in Europe
Adding to the bullish tone, Binance Pay has partnered with French fintech Lyzi to enable crypto payments at over 80 luxury establishments along the French Riviera.
Tourists and locals can now pay in Bitcoin, stablecoins, and over 100 cryptocurrencies without gas fees, with instant euro settlements provided to merchants.
Spend stablecoins & crypto in Cannes & share 9,999 EURI in rewards!
Pay with #Binance Pay & enjoy seamless, instant & gas-free crypto payments.
Detailshttps://t.co/vuT5dj5Jaf pic.twitter.com/rwAjSeCwvt
Notable participants include JW Marriott Cannes and high-end boutiques in Monaco. This initiative aligns with the regionâs Web3 tourism push, backed by Cannes Mayor David Lisnard.
Binance is also offering a âŹ5 EURI incentive for crypto purchases over âŹ20 to accelerate adoption.
Bitcoin Technical Outlook: Rising Wedge Caps Breakout
Bitcoin remains supported above the 50-period EMA ($107,581), currently trading around $109,147. A rising wedge pattern is capping gains, with resistance at $109,764. A breakout above this level could trigger further upside to $110,809 or even $112,003.
- Support Levels: $108,600, $107,287, $106,153
- Resistance Levels: $109,764, $110,809, $112,003
- Trade Bias: Bullish while above $107,500
- Long Entry: Break above $109,800 on strong volume
- Stop-Loss: Below $107,200
- Target 1: $110,809
- Target 2: $112,003
As long as Bitcoin remains above the rising wedge support and the 50-EMA, buyers are in control. A decisive breakout could signal the next leg higher.
BTC Bull Token Nears $8.8M Hard Cap as Presale Enters Final Hours
With Bitcoin trading NEAR $105,000, investor focus is shifting toward BTC Bull Token ($BTCBULL), a rising altcoin that is nearly fully allocated during its presale. As of today, the project has raised $7,844,655 of its $8,873,431 target, leaving under $1 million to be raised before the token price moves to the next tier.
Currently priced at $0.002585, early buyers have a limited time to enter before the subsequent price increase takes effect.
Bitcoin-Linked Tokenomics and Burn Mechanism
BTCBULL ties its value directly to Bitcoinâs price through two smart systems:
- BTC Airdrops: Distributed to holders, with priority for presale participants.
- Supply Burns: Triggered automatically when BTC rises in $50,000 increments.
- APY: 55% annually
- Lockups: None
- Liquidity: Immediate
- Total Pool: 1,925,149,417 BTCBULL
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income. With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULLâs blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.