Bitcoin’s price has stabilized just above $103,000, but the broader narrative is rapidly gaining momentum—especially after striking comments from Eric Trump at the Consensus 2025 conference in Toronto. The son of former U.S. President Donald Trump declared that *“everyone is trying to accumulate Bitcoin right now”—*from sovereign wealth funds to billion-dollar family offices. Trump, who co-founded American Bitcoin (now merged with Gryphon Digital Mining), spoke alongside Hut 8 CEO Asher Genoot, describing what he sees as two races currently underway in crypto: one for mining capacity and another for accumulation—led, he says, by MicroStrategy’s Michael Saylor. “I’m on planes, I’m traveling, and I hear it from sovereign funds, the richest families, the biggest companies—everyone wants Bitcoin,” Trump told attendees. His public endorsement of Bitcoin as a strategic reserve asset, particularly at a time when institutions are returning en masse to crypto, has added fuel to the bullish case for BTC. It also highlights a shifting political tide, with the Trump administration broadly perceived as more crypto-friendly than its predecessor. DDC’s Surprise Bitcoin Bet Shocks Markets In another boost for Bitcoin, Chinese affiliated brand DayDayCook (DDC) revealed it bought 100 BTC for $10.4 million and plans to buy 5,000 more over three years. CEO Norma Chu made the announcement in a May 15 letter after a strong earnings report showing 33% revenue growth in 2024. JUST IN: Chinese public company DDC Enterprise to adopt a Strategic #Bitcoin Reserve, plans to buy 5,000 BTC. pic.twitter.com/wZ9278EZTc — Bitcoin Magazine (@BitcoinMagazine) May 15, 2025 Although China has strict crypto bans, DDC’s actions – under new US accounting rules – hint at a strategic pivot. DDC’s BTC purchase: $10.4 million Goal: Accumulate 5,000 BTC over 36 months Operating region: Hong Kong/Mainland China 2024 revenue growth: 33% This is big news not just because of China’s anti-crypto stance but also because it shows Bitcoin is becoming a treasury asset even in uncertain regulatory environments. The news pushed BTC up 2.3% this week as institutional interest is growing regardless of jurisdiction. Galaxy’s Tokenization Push Reinforces Crypto Credibility Institutional credibility got another boost with Galaxy Digital’s Nasdaq debut at $23.50 per share. Despite a Q1 2025 net loss of $295 million, the company announced it will tokenize its shares, ETFs and bonds with the SEC. CEO Mike Novogratz called the process “unfair and infuriating” but is committed to decentralizing finance. Galaxy has $7 billion in assets and will bring tokenized equities to DeFi platforms – potentially a new class of investors. @galaxyhq is serving the digital asset ecosystem end-to-end and developing infrastructure to power an AI-enabled future. Now, $GLXY is officially #NasdaqListed ! Relive the day’s highlights. pic.twitter.com/WD7lNVif2s — Nasdaq Exchange (@NasdaqExchange) May 16, 2025 This is the narrative that crypto is merging with traditional finance not competing with it. That institutional shift is good for Bitcoin’s long term thesis as a global digital reserve. Technical Outlook: Bitcoin Coils Ahead of Breakout On the 1-hour chart, BTC is forming a symmetrical triangle between $104,550 and $102,659, keeping Bitcoin price prediction neutral. This is a setup for volatility. MACD is slightly bearish but the pattern of higher lows shows bulls aren’t backing down. Bitcoin price chart – Source: Tradingview Trade setup: Long above $104,550 Short below $102,659 Stop-loss inside the triangle Bitcoin is coiling – waiting for its next catalyst. Whether it’s macro support or institutional momentum the case for $105K and beyond is building. BTC Bull Token Nears $6.84M Cap as 71% Staking Yield Drives Demand As Bitcoin stabilizes above $102K, investor focus is shifting toward yield-generating altcoins—none more so than BTC Bull Token ($BTCBULL) . The token has now raised $5.87 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. Key Stats: USDT Raised: $5,878,513.14 / $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. The post Bitcoin Price Prediction: BTC at $103,032 Poised for Massive Run as Eric Trump Talked Global Hoarding by Elite Investors appeared first on Cryptonews .
