Connect with us

Blockchain

Bitcoin hasn’t found the bottom yet, drop of 40% still to come – Bloomberg analyst warns

Published

on

  • Bitcoin is heading significantly lower after its heavy breakdown from the support levels.
  • Mike McGlone added that the Bitcoin story is all bright for the long term and said institutional investors face greater risk with not having any exposure to Bitcoin for a five-year term.

The FTX exchange collapse spread like a contagion across the entire crypto space with Bitcoin and other altcoins seeing heavy correction over the last few weeks. As of now, Bitcoin is trading somewhere close to the $16,700 level with a market cap of $321 billion.

However, some market analysts believe that the bottom is still not in! Bloomberg Intelligence senior macro strategist Mike McGlone, who’s been bullish about BTC in the past, is setting a new floor price for the crypto. During his recent interview with CryptoBirb, McGlone said that Bitcoin’s heavy breakdown from the support levels was a strong indicator that the BTC price could be heading significantly lower.

He expects the BTC price to drop an additional 40 percent from the current levels. Meaning, the BTC price could sink all the way to $10,000 from here onwards. During his interview, McGlone said:

Initially, when the market broke down that was my indication it’s going to continue to break down because volatility is almost always a great indicator, particularly when you reach an all-time low. When markets breakout from a consolidating range with a good reason, it means it’s going down a lot lower. So that’s why I put out initially that Bitcoin might not reach a plateau until the $10,000-$12,000 area.

No long-term weakness in Bitcoin

In the past reports of Bloomberg Intelligence, McGlone had explained why he believes in the Bitcoin story. Like Gold McGlone believes that Bitcoin shall emerge as a valuable asset class in the future.

He further added that any short-term selling pressure caused by macro events such as the Fed rate hike isn’t a signal for long-term weakness. He said that on a five-year time horizon, institutional players face a greater risk of not allocating to crypto instead of avoiding it. Just like Bitcoin, McGlone is also positive about Ethereum. He said:

Everything is going down this year. This has been the worst year ever for stocks and bonds combined. I mean ever, if you go back 80 years…So to me, the risk is going forward that I think for most major institutions on a five-year basis at least, the risk is not being somewhat allocated to this space.

And I don’t mean the 20,000 highly-speculative cryptos that you can find on CoinMarketCap. I mean the top 10, the top 100, an index that tracks those. So definitely Bitcoin, Ethereum.

Yes, they could drop down, but to me an index that tracks those is just going to continue doing what it’s doing and these types of things often carve that foundation. The key thing to remember right now is the Fed is still pounding hard, all risk assets are going down. Cryptos were the fastest one on the way up and the fastest one on the way down.

Der Beitrag Bitcoin hasn’t found the bottom yet, drop of 40% still to come – Bloomberg analyst warns erschien zuerst auf Crypto News Flash.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

Continue Reading

Blockchain

MetaMemeVault Announces $250K USDT Giveaway Following Coinsult Security Audit

Published

on

MetaMemeVault ($MMV), an Ethereum-based meme-to-earn project, has launched a $250,000 USDT + $100,000 MMV token giveaway following the successful completion of its Coinsult security audit. The presale is currently live at Stage 1 pricing of $0.008 with a 200% bonus offer.

MetaMemeVault is combining community rewards with audited security infrastructure. The project announced its $250K giveaway campaign alongside the publication of its Coinsult audit results, marking a significant milestone for the presale launch.

Triple-Audit Security Framework

The project has completed security audits from three independent firms: Coinsult, SCRL.io, and GoPlus Labs. The audits cover smart contract vulnerability analysis, tokenomics verification, bot protection mechanisms, and liquidity lock confirmation.

MetaMemeVault operates on the Ethereum blockchain with a fixed supply of 1 billion tokens, zero minting functions, and 0% transaction fees. The security audits verify these parameters and confirm anti-rug mechanisms are in place.

“With three completed audits and a quarter-million dollar giveaway, we’re demonstrating that meme coins can be both fun and secure,” said the MetaMemeVault team. “Our community deserves transparency and real utility, not just hype.”

$250K Giveaway Structure

The giveaway distributes $250,000 USDT plus $100,000 worth of $MMV tokens through multiple entry methods:

Presale Purchases: Every purchase during the presale automatically generates giveaway entries. Larger purchases receive proportionally more entries.

Referral Program: Participants earn 5% commission on referred purchases plus bonus giveaway entries. The referral system creates viral distribution while rewarding community builders.

Social Engagement: Activities on Twitter and Telegram generate additional entries, encouraging organic community growth.

The giveaway runs throughout the presale period, with winners announced after conclusion. All entries are tracked through the official giveaway portal at metamemevault.com/giveaway.

Meme-to-Earn Utility Model

Unlike traditional meme coins relying solely on price speculation, MetaMemeVault introduces meme-to-earn infrastructure through its MemeTreasury system. Token holders lock their $MMV tokens and receive automatic distributions in SHIB, PEPE, BONK, and NEIRO.

The MemeTreasury allocates 13% of the total token supply to a dividend-generating fund. Distributions begin during the presale phase, meaning early participants start earning yields immediately rather than waiting for post-launch staking programs.

The mechanism requires no manual claiming or re-staking. Once locked, tokens automatically generate and distribute rewards to holders’ wallets.

Presale Stage Structure

MetaMemeVault’s presale operates through multiple stages with decreasing bonus percentages:

  • Stage 1: $0.008 per token + 200% bonus (3x token allocation)
  • Stage 2: $0.012 per token + 90% bonus (1.9x token allocation)
  • Target Listing Price: $0.068

The staged structure rewards early participants with maximum token allocation. A $1,000 investment at Stage 1 pricing yields 375,000 tokens (125,000 base + 250,000 bonus), valued at $25,500 at the target listing price.

Early participants capture both the presale discount and the bonus multiplier, creating potential 25.5x return to target listing.

Community-First Distribution

The project emphasizes community-driven growth through its giveaway and referral mechanisms. The $250K prize pool functions as wealth distribution strategy rather than pure marketing expense.

By rewarding presale participants, referrers, and social engagers equally, MetaMemeVault creates multiple pathways for community members to benefit from project growth. The 5% referral commission provides immediate returns while bonus entries offer additional upside.

How to Participate

Interested participants can join the presale and giveaway through these steps:

  1. Visit metamemevault.com to access the presale interface
  2. Connect a Web3 wallet (MetaMask, Trust Wallet, or similar)
  3. Purchase $MMV tokens at Stage 1 pricing ($0.008 + 200% bonus)
  4. Automatic entry into the $250K giveaway is generated
  5. Optional: Use referral link to earn 5% commission and bonus entries

The presale accepts ETH and USDT on the Ethereum mainnet.

Project Details

About MetaMemeVault

MetaMemeVault is an Ethereum-based meme-to-earn project that automatically generates yields in SHIB, PEPE, BONK, and NEIRO for token holders. Built with a fixed supply of 1 billion tokens and secured by triple independent audits, the project combines meme coin appeal with quantifiable utility infrastructure.

The MemeTreasury system allocates 13% of total supply to dividend generation, providing passive income to locked token holders starting during the presale phase.


Disclaimer: This article contains sponsored content. Cryptocurrency investments carry substantial risk and may not be suitable for all investors. This content is for informational purposes only and should not be considered financial advice. Readers should conduct their own research before making investment decisions.

Continue Reading

Blockchain

CV5 CAPITAL BRIDGES INSTITUTIONAL STANDARDS AND DIGITAL INNOVATION FOR FUND MANAGERS

Published

on

CV5 Capital, a Cayman Islands-based institutional fund platform regulated by the Cayman Islands Monetary Authority (CIMA), is helping fund managers launch both traditional hedge funds and digital-asset funds faster and more efficiently.

Serving emerging start-up managers as well as multi-billion-dollar asset managers, CV5 Capital provides a seamless, end-to-end solution that meets institutional expectations for governance, compliance and operational due diligence while capturing the opportunities created by blockchain and tokenization.

“Launching a fund shouldn’t be a six-month process and cost upwards of 6 figures,” said David Lloyd, CEO at CV5 Capital. “We built a platform that delivers institutional infrastructure from day one: regulated, independently governed, and designed to scale.”

Through its regulated CV5 SPC and CV5 Digital SPC, the firm structures funds across traditional and crypto-native strategies, from long/short equity to quantitative and on-chain strategies. Each fund works with institutional service providers ensuring CIMA-compliant operations.

CV5 Capital’s framework allows managers to demonstrate the operational controls institutional allocators expect: independent directors, risk oversight and transparent valuation, without the cost or complexity of building those systems internally.

Beyond fund formation, CV5 Capital is pioneering tokenized fund structures, enabling investors to hold and trade regulated fund interests on-chain.

“Tokenization is redefining how capital moves,” Lloyd added. “CV5 Capital bridges what institutional investors require with what digital markets make possible.”

For more information, visit www.cv5capital.io

Continue Reading

Blockchain

Trivolve Tech and Quixy Launch Forensic Management System (FMS) on Cardano Mainnet

Published

on

Trivolve Tech, a blockchain and AI product studio, in collaboration with Quixy, a leading no-code/low-code enterprise platform, has officially launched its Forensic Management System (FMS) on the Cardano Mainnet. This marks a historic milestone in digital governance as the partnership brings blockchain-backed transparency, scalability, and security to forensic evidence management for state governments in India.

Transforming Forensic Evidence Management

The newly launched FMS is already operational and has successfully processed 1,000+ transactions within the first 3 days of going live. Designed to address longstanding issues in forensic evidence handling, the system leverages Cardano blockchain technology to ensure that every piece of forensic evidence is immutably recorded, tamper-proof, and fully auditable.

With Uttar Pradesh as the pilot state and handling over one million forensic cases annually, the system aims to strengthen forensic processes and enhance the credibility of evidence in court proceedings.

Trivolve Tech CEO Rahul Konudula remarked:
“FMS is expected to process at least 10,000+ transactions within its first month on the Cardano Mainnet, highlighting both the scale and efficiency of the solution. With growing adoption, this platform may soon become the de facto national standard for secure forensic evidence handling, redefining trust in law enforcement and judiciary processes.”

About Quixy

Quixy is India’s leading no-code/low-code platform, empowering enterprises to automate workflows and build applications without coding. With over 200,000 users and 26,000 apps deployed, Quixy has become a key player in digital transformation across industries, including defence and law enforcement.

About Trivolve Tech

Trivolve Tech is a product development studio specializing in Blockchain and AI solutions. With a focus on government and enterprise innovation, Trivolve helps organizations adopt blockchain for security, transparency, and growth, while pioneering real-world asset tokenization.

🔗 Learn more:
Quixy | Trivolve Tech

Continue Reading

Trending