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Ex-UFC champion Conor McGregor has suggested Ireland construct a national reserve of Bitcoin. He called on May 9, 2025, in a message posted on X that doing so would give “power back to the people’s money.” He’s contesting the presidency as an independent candidate and would like to turn attention toward crypto policy.

McGregor’s Bitcoin Proposal

In his blog post, Ireland ought to have a reserve of Bitcoin in a strategic reserve. He did not specify where the funding would originate or how much it would cost. He just said that a reserve would put power back into the hands of common citizens. He further mentioned that “crypto in its origin was founded to give power back to the people.” That phrase resonates with the very premise of Bitcoin and decentralization.

Crypto in it’s origin was founded to give power back to the people.

An Irish Bitcoin strategic reserve will give power to the people’s money.

I will be cohosting a Twitter space to talk about what I want to see changed.

Victory to Ireland!

— Conor McGregor (@TheNotoriousMMA) May 9, 2025

Reaching Out To Crypto Leaders

According to reports, McGregor invited experts to collaborate with him. He tagged Anthony Pompliano, host of The Pomp Podcast, and requested feedback. He also contacted David Bailey, an expert who consulted former US President Donald Trump on crypto issues. In his responses, McGregor stated, “Message me and let’s talk on my space” and “David message me, let’s talk about your ideas!” His idea is to conduct an X Spaces session to develop details.

Political And Legal Challenges

Ireland is required to conduct its next presidential election by November 11, 2025, when President Michael D. Higgins’ term ends. Any initiative to establish a Bitcoin reserve would require support from lawmakers and the central bank. Ireland is a member of the European Union, so its monetary policy is connected to the euro. A candidate from a small party who is independent has slim chances of getting a coalition for this notion.

Additionally, McGregor is contesting a civil court decision that ruled him guilty of sexual assault. He’s also been investigated on charges of hate speech before. These factors may damage his credibility with the voters.

Irish politicians roundly reject Conor McGregor’s presidential bid https://t.co/irxI4kyoyK

— Sky News (@SkyNews) March 30, 2025

Track Record In Crypto

McGregor is not inexperienced in crypto projects, but his previous attempt didn’t work out. In early April 2025, the Real World Gaming team conducted a 28-hour presale of a token named REAL. They wanted to raise a minimum of $1 million. They only raised around $392,300 and refunded all buyers. That flop illustrates how challenging it is to get people to support you, even with a celebrity name on it.

Next Steps And Outlook

McGregor says he will reveal more about his X Spaces session in due course. He hasn’t specified a date yet. It’s unknown how many experts will accept his offer. Governments that have established Bitcoin reserves are the US, El Salvador and Bhutan, but those actions came from the highest government authorities.

A grassroots initiative by one candidate would be unique in Ireland. Voters will decide if they want a fighter-turned-politician handling complex financial policy. For now, McGregor’s plan remains at the idea stage, waiting to be tested in the political arena.

Featured image from Getty Images, chart from TradingView

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.

In a May 9 post on X, McGregor argued that Bitcoin aligns with the principle of financial empowerment.

“Crypto in its origin was founded to give power back to the people,” he wrote. “An Irish Bitcoin strategic reserve will give power to the people’s money.”

Bitcoin Price Surges to Over $104,000

McGregor’s proposal comes amid a sharp rally in Bitcoin, which recently surged to over $104,000.

He plans to elaborate on his vision during an upcoming X Spaces event, inviting key Bitcoin figures to join the conversation.

“We need the greatest minds for this BTC Reserve. Message me and let’s chat,” he responded to crypto influencer Anthony Pompliano.

U.S. presidential crypto advisor David Bailey also expressed interest, to which McGregor replied enthusiastically.

McGregor announced his independent run for the Irish presidency in March 2025, focusing on crime reduction and strict immigration policies.

Ireland’s next presidential election is scheduled no later than November 11, 2025, when the current term of President Michael D. Higgins ends.

While the idea of a Bitcoin reserve is bold, it’s uncharted territory for Ireland. Only a few nations—including the U.S., El Salvador, and Bhutan—have actively explored sovereign Bitcoin reserves.

Implementing such a strategy, especially from an independent candidate without party backing, would face significant political and regulatory hurdles.

McGregor’s crypto credibility has also come under question.

His previous blockchain venture, the REAL project, failed to meet its $1 million funding goal during its April pre-sale, raising just $392,315 before issuing refunds to investors. The project aimed to merge crypto and gaming but failed to gain traction.

Adding to his controversial profile, McGregor is appealing a recent civil conviction for sexual assault and has previously faced investigations over hate speech.

Bitcoin Holds Above $103K but Momentum Indicators Signal Weakness

Bitcoin is trading at $103,546 after peaking at $104,765, showing signs of slowing momentum following last week’s bullish rally.

While the price remains above key support, indicators suggest the market may be cooling off in the short term.

On the 30-minute chart, the RSI has dipped below the neutral 50 line to 44.64, reflecting reduced buying strength.

The MACD has also flipped bearish, with the signal line crossing above the MACD line — a common sign of potential downside pressure. Bollinger Bands are starting to narrow, indicating declining volatility.

Short-term movement on the 1-minute chart confirms the weakness, with the RSI hovering near 41.5 and the MACD turning negative.

Bitcoin is now trading near the lower Bollinger Band, signaling cautious sentiment among intraday traders.

If bulls fail to defend the $103,000 level, further downside could follow. However, holding above that mark would keep the broader uptrend intact for now.

The post UFC Fighter Conor McGregor Backs an Irish National Bitcoin Reserve as BTC Price Rallies appeared first on Cryptonews.

‘Victory to Ireland’ is how Connor McGregor signed off on an emphatic call for a Bitcoin strategic reserve in his homeland, Ireland.

The legendary UFC fighter becomes the latest A-list celebrity to openly support Bitcoin (and crypto). Others include Mike Tyson, Snoop Dogg, Gwyneth Paltrow, and Maisie Williams.

Keep reading to find out everything McGregor had to say in support of crypto. We’ll also point you towards the best crypto to buy now in order to benefit from the increasing $BTC adoption.

McGregor’s Crypto Stance

The entire thing unfolded on X, where McGregor wrote, ‘Crypto in it’s origin was founded to give power back to the people.’

He further said that he’ll soon be cohosting a Twitter (X) space to give his two cents on the changes he’d like to see in Ireland’s crypto policy.

It’s also worth noting that Ireland is currently engaged in aligning its cryptocurrency regulations with Europe’s MiCAR framework. MiCAR stands for Markets in Crypto-Assets Regulation.

Whether or not Ireland will push for a Bitcoin reserve remains to be seen. However, with several countries finally wrapping their heads around $BTC’s potential, it shouldn’t be a surprise to anyone if Ireland follows suit.

All in all, with Bitcoin expected to be at the forefront of the next big crypto rally, this could be the perfect time to beef up your crypto portfolio with high-potential tokens like the ones we’ve mentioned below.

1. BTC Bull Token ($BTCBULL) – Best Crypto to Buy Now to Rally Behind $BTC

BTC Bull Token ($BTCBULL) is an out-and-out Bitcoin fanboy. Meant for investors that have full faith in $BTC claiming the magical $1M level within the next few years, $BTCBULL is easily one of the best cryptos to invest in today.

A massive reason behind its appeal is its airdrop scheme. According to BTC Bull Token’s whitepaper, the project will give away free (and real) $BTC via airdrops to its token holders.

Faithful $BTCBULL holders who store their tokens in Best Wallet will automatically receive $BTC every time the king cryptocurrency reaches a new milestone, such as $150K, $200K, and $250K.

Become a part of the ‘Bull Army’ by buying $BTCBULL now. The project is in presale right now ($5.5M+ raised), and each token is available for just $0.002505. For more info, refer to our guide on how to buy BTC Bull Token.

2. SUBBD Token ($SUBBD) – New Altcoin Revolutionizing the Online Creator Industry

Increasing crypto adoption is likely to see digital assets entering every big and small industry worldwide.

New cryptos like SUBBD Token ($SUBBD) are the first signs of crypto stepping into the $85B digital content industry.

SUBBD is a new-age crypto subscription platform that’s reportedly the first to integrate advanced AI tools to simplify the lives of online creators.

Creators on SUBBD will be able to use the platform’s AI-powered features to upscale and automate content creation, management, and distribution.

In addition to providing creators with more time to engage organically with their audiences, SUBBD will also make their endeavors more profitable.

After all, the platform will only charge a small percentage of creator revenue as fees, especially when compared to traditional platforms that charge up to 70%.

Fans, on the other hand, will benefit in more ways than one from holding $SUBBD tokens.

For starters, they’ll be able to use the on-platform currency to unlock premium creator content, including direct chat and personalized content requests from their favorite creators.

Furthermore, $SUBBD holders will also get exclusive discounts on SUBBD creator subscriptions, early-bird access to beta features, and voting rights.

You can also stake your $SUBBD tokens in exchange for a 20% fixed APY, as well as access to exclusive creator livestreams, BTS drops, and in-house content from SUBBD’s top talent.

SUBBD Token is currently in presale, with more than $363K raised at the time of writing. Buy $SUBBD now for just $0.055375 per token.

3. Comedian ($BAN) – Trending Meme Coin Based on Controversial Art

A Bitcoin rally almost always sends meme coin prices soaring. That’s exactly what we’re seeing now, with more of the same expected in the coming months.

Comedian has been one of the top trending tokens for a while now. It’s up 58% in the last seven days – and a whopping 127% in the last month or so.

This new meme coin is inspired by the highly controversial artwork of Maurizio Cattelan, which features a live banana taped to a wall.

It really isn’t tough to wrap your head around why it’s so infamous.

Fans of contemporary art look at it as a representation of ‘modern art,’ which they believe is a dig at the greats of the past and not nearly as thought-provoking as it claims to be.

However, this particular art piece’s controversial nature is exactly why $BAN was quick to gain momentum. The token is currently trading at $0.06907, making it one of the best cheap cryptos to buy now.

Even the Best Crypto to Buy Now Needs Sound Investing Tactics

Before investing in even the best altcoins, make sure you understand the peaks and troughs of the crypto market.

The general rule of thumb is to cash in with the momentum and get out before the market corrects.

However, because of crypto’s high volatility, it is incredibly difficult to predict anything with reasonable surety.

That’s why we suggest you only invest a small amount of money, especially if you’re a beginner.

Finally, this article isn’t financial advice, and you must always do your own research before investing.

Plus: Someone tried to let AI defend them in court

GM. The only thing green today is the mold on that one forgotten avocado in the bottom of the crisper drawer.

Conor McGregor launches a memecoin.

News drops: FTX creditors could lose $2.5 billion, AI defends a guy in court + more

Market flavor today

Crypto Market Cap: $2.49T -6.7% (24H)
Name		Price	24H	7D
	Bitcoin BTC	$78,019.50	-5.51%	-6.23%
	Ethereum ETH	$1,546.74	-11.58%	-16.02%
	XRP XRP	$1.88	-9.74%	-11.47%
	BNB BNB	$552.40	-4.70%	-8.81%

POV the internal dialogue of everyone who looked at the charts today: “don’t cry don’t cry don’t cry don’t cry”

Yuup, the markets are still having a breakdown after Donald Trump’s tariff announcement last week (we explained that mess here btw).

The main idea of tariffs is to make foreign products more expensive so people buy American-made stuff instead. Pretty simple.

But, major plot twist! Other countries can play this game, too. Literally who would’ve thought.

And it’s exactly what China’s doing – they UNO reverse carded a 34% tariff on US goods.

Now, the US and China are the two biggest economies in the world, and if this trade fight keeps going, it could slow down the entire global economy.

Markets HATE this kind of uncertainty.

Result: Thursday was the biggest single-day stock sell-off since 2020.

With all that happening, investors are now desperately looking to the Fed to cut interest rates.

Matter of fact, not only investors – Trump also said that this would be a “PERFECT time” for Fed Chair Jerome Powell to start cutting ’em.

But speaking at Georgetown University about the economic outlook on Friday, Powell said he’s still not ready to cut rates… because things are too uncertain.

So now everyone’s watching this week’s inflation data:

Tariffs = higher import taxes = more expensive everything. So if those numbers come in hot, Powell might have to wait even longer to lower rates.

And as for our daily dose of hopium… crypto trader Lark Davis says this whole thing could be our “new COVID crash.” You know, when everything collapsed in 2020, but then we had the biggest bull run ever.

Sooo, his advice – just survive. There’s a chance we’re heading for more short-term pain, but if Powell cuts rates, and the money printers go brrr again, Q3 and Q4 might surprise us with a rally.

Until then… stay hydrated, and maybe invest in a nice squishy stress ball.

Or five

Final sip of gains

dYdX had its moment… but it wasn’t the last bonus stage in BitDegree’s $30K Season 7 Airdrop

Now it’s dFusion AI dropping an extra $1,000 USDC!

All you gotta do to get a share: earn Bits by inviting friends, completing micro tasks, and doing Missions → climb the leaderboard → take the W.

So easy, BUT you better be quick – the dFusion AI stage ends April 21.

No time to chill. Go get it before it’s gone!

Memecoin harvest

Lambo dreams funded by memes – here’s who’s driving today:

Data as of 11:20 AM EST.

Check out these memecoins and plenty more here.

Welcome back to our favorite show: “Celebrities getting into crypto and failing”!!

Today’s guest star: Conor McGregor.

Over the weekend, the MMA legend teamed up with the Real World Gaming DAO to launch his very own memecoin called REAL.

Instead of just throwing it on a DEX and letting bots go wild, they did a sealed-bid auction, which is a type of auction where everyone submits their bids without knowing what anyone else is bidding.

After the bidding window closes, the project looks at all the bids and decides who gets how many tokens. If there’s a minimum funding goal and it’s not reached, the whole thing can be canceled.

And hey, Conor was being real (get it … yeah, I apologize) when he said he was gonna change the crypto game – he became one of the first celebrities that didn’t rug!

… Because there was nothing to rug. The token never launched.

They didn’t hit their minimum raise.

The team was hoping to bring in a nice fat $3.6M, but only got about $392K during the presale (which is about 10% of their goal).

And all 668 people who joined the presale will now get refunded.

Moral of the story? Maybe – just maybe – launching a memecoin while the entire market is down bad… isn’t the best knockout strategy?

News drops

Jameson Lopp from Casa is warning about Bitcoin address poisoning scams – when scammers use lookalike addresses hoping you send them BTC by mistake. He checked the blockchain and found nearly 48,000 of these transactions since mid-2023.

About 392,000 people who are owed money by FTX still haven’t started the required KYC process. If they don’t do it, they could miss out on a total of $2.5B in repayments.

The White House’s AI and crypto guy, David Sacks, says the US might’ve just taken the lead in the global AI race – all thanks to Meta’s new Llama 4 model.

Oof – one Ether whale took quite the L. After ETH dropped around 14% yesterday, they got liquidated and lost 67,570 ETH.

A guy in New York tried to use an AI avatar to argue his case in court. Spoiler alert: the judge wasn’t amused.

Juicy memes

The project, released on April 5, promises to offer more than just celebrity hype, positioning itself as a token rooted in transparency, integrity, and long-term vision.

McGregor’s new venture arrives amid a renewed frenzy in the meme coin market and an increasingly unstable macroeconomic backdrop that has driven investors to alternative assets.

REAL Meme Coin: “Not Some Celebrity-Endorsed Token”

REAL was launched through a sealed-bid auction method designed specifically to counteract the now-common scourge of token sniping and bot invasions.

McGregor emphasized that this mechanism ensures fairness by allowing genuine participants to engage without fear of being front-run by bots or manipulated by insiders.

The token is developed in collaboration with Real World Gaming DAO, a decentralized autonomous organization focused on bridging the gap between digital innovation and real-life sports experiences.

According to the project’s whitepaper, holders of the REAL token will gain access to staking rewards and governance rights, allowing the community to influence the project’s trajectory and development.

About 31.5% of the total token supply will be directed to the Real Gaming DAO treasury, with nearly 17% distributed among the community.

An additional 10% is earmarked for the development team, a relatively high share that has already raised eyebrows among analysts.

Still, McGregor frames these systems not as elitist mechanics but as incentives to align the interests of the token holders, developers, and project backers.

He claims the REAL token is designed not merely for speculation but as a utility-rich vehicle for financing startups in the sports and gaming sectors.

Can REAL Endure in a Volatile Market?

Despite McGregor’s charisma and the project’s ambitious pitch, industry analysts remain cautious.

The REAL token enters the market just as the so-called “meme coin supercycle” has lost steam.

However, this hasn’t deterred savvy traders, who continue to treat meme coins as short-term speculative vehicles while waiting for a clearer macroeconomic picture.

With the traditional markets under pressure, this speculative behavior has only intensified.

President Donald Trump’s sweeping trade tariffs triggered a massive shakeout in U.S. equities, with markets losing over $11 trillion since February 19.

On April 4, a staggering $3.25 trillion was wiped out in a single day, surpassing the entire market cap of the global crypto market.

In this uncertain environment, Bitcoin has managed to hold firm above $80,000 that day.

Bitcoin’s resilience contrasts starkly with the volatility of meme tokens, which tend to explode and fade in quick cycles.

Whether McGregor’s REAL can fit into this latter category remains to be seen.

Can DAO Utility Push REAL Token?

The token’s connection to the Real World Gaming DAO also suggests an effort to build a meaningful foundation.

According to its roadmap, REAL will channel funds into ventures that blur the line between traditional sports entertainment and decentralized digital engagement.

This includes potential investments in gaming platforms, athlete-backed startups, and fan-driven betting models.

However, questions remain. REAL has yet to release comprehensive token metrics, including data on total locked value and available liquidity. Regulatory uncertainty also looms large.

While the U.S. SEC has declassified meme coins as non-securities, likening them instead to collectible trading cards, future policy shifts could still impact projects like REAL.

Most importantly, the token emerged at a point in the global market when the economy is grappling really hard with Trump’s recently implemented Tariffs.

In fact, over $200 million was liquidated from the crypto market within the past 60 minutes alone.

For now, REAL rides the momentum of its audacious launch, powered by one of the most recognizable faces in global sports.

Whether that momentum can be sustained will depend on how well the project delivers on its promises and, most importantly, navigates this extremely volatile market.

The post Mixed-Martial Arts Star Conor McGregor Launches ‘REAL’ Meme Coin appeared first on Cryptonews.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Mixed martial arts champion Conor McGregor has entered the cryptocurrency market with a new token called ‘REAL,’ released through a sealed bid auction. The auction format was chosen to block bots and snipers from taking over the launch, according to reports.

Irish Fighter Teams With Gaming DAO For Crypto Venture

The new token was created in partnership with Real World Gaming decentralized autonomous organization (DAO). According to the project details, REAL will offer staking incentives and governance rights to people who hold the tokens.

McGregor announced the launch on social media platform X on April 5, claiming this token would differ from other celebrity-backed cryptocurrencies.

“I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game. This is just the beginning,” McGregor wrote in his post.

I changed the FIGHT game.
I changed the WHISKEY game.
I changed the STOUT game.

Now it’s time to change the CRYPTO game.

This is just the beginning.

This is $REAL @getrealtoken https://t.co/tdUyvqyZHZ#GetReal pic.twitter.com/imoAYwY8D1

— Conor McGregor (@TheNotoriousMMA) April 5, 2025

Token Distribution Favors DAO Treasury Over Community

Based on the cryptocurrency’s tokenomics outlined in the article, the DAO treasury will receive the largest share at 31.5% of all tokens. Community members will get almost 17%, while the development team and advisors will receive 10% and 1%, respectively.

The token’s whitepaper reveals a reward structure that benefits larger investors. Those who make substantial investments and regularly participate in staking activities will earn higher status and potentially greater revenue shares, creating a tiered system of benefits.

Conor McGregor launches his own memecoinhttps://t.co/zlwOdb2bdI

— Mcgregor Forever (@mcgregorufc22) April 5, 2025

Project Aims To Reshape Gambling Through Real-Life Experiences

The REAL token project has set its sights on changing the gambling industry by connecting it more closely with real-life experiences and mainstream consumers. According to the information released, McGregor and his team plan to use the funds to launch ventures related to sports and gaming.

In interviews, the MMA champion emphasized that transparency is at the center of the REAL token project. He stated they are “demonstrating how it’s done with integrity to the world,” attempting to distance this launch from other celebrity cryptocurrency projects that have faced criticism.

Memecoin Market Sees Activity Amid Economic Doubts

The introduction of McGregor’s token comes at a time when cryptocurrency traders are showing interest in memecoins but may not be committed to long-term holding.

Nansen research analyst Nicolai Sondergaard pointed out that “smart money” traders often seek quick profits from memecoin trades.

According to Sondergaard, the current increase in memecoin activity stems from traders exploring the market while waiting for the broader economic situation to stabilize.

Recent reciprocal tariffs announced by US President Donald Trump have created challenges for stock markets, pushing some investors toward alternative assets like memecoins.

Featured image from Chris Unger/Zuffa LLC, chart from TradingView

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.