Bakkt to Raise $1B to Build a BTC Treasury and Fuel Meme Growth, AI-Centric dApps Are Exploding, and More…

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Wall Street Pepe ($WEPE) Explodes in Charts, Injecting FOMO Into the Meme Coin Market

June 27, 2025 • 08:46 UTC

Wall Street Pepe ($WEPE) surged by 68% in charts, over the last 24 hours, following the news about the ceasefire between Israel and Iran, which triggered a visible response in the crypto market as a whole.

Bitcoin itself peaked at $108K during the same period, but couldn’t match $WEPE’s pump.

$WEPE’s performance is even more impressive if we consider that the crypto market lost steam, during the last 24 hours, with $WEPE being among the only tokens to stay in the green.

Coming from a meme coin, this type of performance could rejuvenate the meme market, with utility-based meme coins like Snorter Token ($SNORT) reaping most of the benefits.

$SNORT’s presale is garnering a lot of attention thanks to the Snorter Bot, the Telegram-based Aardvark sniper which scouts the crypto market for hot tokens.

Learn more about what Snorter Token is.

Bakkt Fills an S-3 ‘Shelf’ Registration, $1B to Build a $BTC Treasury & Fuel Meme Coin Growth

June 27, 2025 • 07:57 UTC

Bakkt, the publicly traded crypto custody and rewards company has a pre-approved credit line after it filled an S-3 ‘shelf’ registration with the U.S. SEC on June 26.

The company can now tap the market through multiple equity and debt offerings. These can strengthen its balance sheet while also letting it rebrand to a Bitcoin-powered treasury, just like MicroStrategy and Metaplanet.

With more listed entities holding $BTC, the SEC and US lawmakers have more incentive to pay more attention to digital assets. This could mean increased compliance costs… or it can also mean more adoption pathways, such as crypto potentially becoming eligible for mortgage applications.

Either way, we’re experiencing historic flight-to-quality assets, and having a BTC treasury nowadays is the ultimate sign of long-term thinking.

In this respect, crypto initiatives that cover both aspects, such as Bitcoin Hyper ($HYPER) will likely stand to gain a lot from the added visibility and Bitcoin-utility play.

Find out what is Bitcoin Hyper ($HYPER).

AI-Centric Crypto dApps Are Exploding According to DappRadar, 4.5 Million dUAW Want More On-Chain AI and Meme Coins

June 27, 2025 • 07:57 UTC

A report from DappRadar highlights that AI-related on-chain activity surged from 9% last year to 19% in 2025, an estimate of 4.5M daily unique active wallets. It’s no wonder when there are so many bullish signals for AI and crypto:

• Funding for on-chain AI projects in 2025 hit a record $1.39B
• Meta acquired 49% of Scale AI, and is doubling down on AGI by securing senior OpenAI researcher Trapit Bansal

We’re just halfway through the year. Demand for AI is so high that the companies regularly hit compute bottlenecks, which is pushing them towards more hardware and energy investments.

From AI crypto trading bots to AI creators like SUBBD, we have a convergence of big tech and increased retail activity. This will likely push significant attention and momentum to AI-linked tokens, including $SUBBD, $TAO, and $NEAR.

Find out more about $SUBBD.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.