Bitcoin prices exceeded $122,286 today as large new buyers approach the market. All eyes are at Nakamoto Holdings Inc., a Bitcoin native holding company that completes a long-term merger with healthcare provider KindlyMD (NASDAQ: NAKA). Once the merger is complete, Nakamoto will be cleared to begin purchasing Bitcoin with more than $760 million in capital.

The company confirmed it had filed a definitive information statement with the U.S. Securities and Exchange Commission on July 22, marking its final step before closing. “Submitting a definitive information statement is a significant milestone for this merger and accelerates our mission to win 1 million Bitcoin,” said David Bailey, founder and CEO of Nakamoto. “We are extremely proud of Nakamoto and our team’s collaboration at KindlyMD to bring them one step closer to closing the merger.”

“We are proud to be able to reach this important milestone together with Nakamoto,” added Tim Pickett, founder and CEO of KindlyMD. “Our shareholders now have the opportunity to be part of a groundbreaking change in the way public companies approach financial management.

Once confirmed, the merger will allow Nakamoto to actively pursue a Bitcoin acquisition strategy. The company made its first move earlier this year when KindlyMD purchased 21 btc for $2.3 million. “The iconic number for starting the $naka mission,” Nakamoto posted on X. Pickett.

“We have a unique strategy for Nakamoto. When we see it working, we see why we become one of the top Bitcoin holders in the world,” Bailey said today. “We’re building a Bitcoin Juggernaut.”

To further strengthen its leadership, Nakamoto announced last week that it had appointed Amanda Fabiano as Chief Operating Officer. Fabiano, former mining manager at Galaxy Digital and director of Bitcoin Mining at Fidelity Investments, brings more than a decade of experience to this role. “We are excited to add Amanda to the Nakamoto team,” Bailey said. “A track record of implementation building and driving institutional infrastructure across complex organizations offers immediate value.”

Fabiano said, “I look forward to joining Nakamoto at such a crucial time in its growth. Nakamoto is turning bold ideas into real-world influences and pushing forward the frontier of institutional Bitcoin adoption.”

With the merger deadline likely to be imminent, participants in the Bitcoin market are attracting attention as Nakamoto prepares to roll out more than $760 million to BTC.

Disclosure: Nakamoto is working with BTC Inc, the parent company of Bitcoin Magazine, to build the first global network of Bitcoin Treasury Companies, where BTC Inc offers specific marketing services to Nakamoto. More details about this can be found here.

CryptoInsightUK believes the long-awaited altcoin season has finally begun—and that XRP could be its headline act. In a 13-minute market update posted on July 21, the British analyst argued that last week’s dramatic collapse in Bitcoin dominance “erased 19 weeks of Bitcoin strength in a single candle,” a move he called the first clear signal of a sustained rotation into altcoins.

“Volume tells the story,” he said, pointing to the outsized red bar that accompanied the dominance drop. The pattern, he noted, mirrors the December 2020 setup that preceded the last explosive altcoin cycle. If dominance continues to unwind at a comparable speed, it could slip to the 39 percent zone within seven weeks—giving altcoins room to outperform.

XRP Could Rally 500% Against Bitcoin

That macro backdrop matters because, in the same breath, XRP just printed the highest weekly close in its history. CryptoInsightUK highlighted an “accumulation-then-breakout” structure on the XRP/USD chart that resembles Bitcoin-dominance’s own staircase lower. “It’s continuation, in my opinion,” he said, adding that XRP’s breach of its 2017-2018 all-time-high band could usher in a series of higher highs.

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Liquidity data bolsters the thesis. Heat-maps from TradingDifferent show “significant liquidity to the upside… all the way now up to about $4.26,” the analyst said. He expects XRP to attack that magnet “probably within this week” and believes a run to $4.50 is “imminent” if Bitcoin breaks its nearby resistance shelf.

The bolder call, however, is denominated in satoshis. With XRP/BTC perched just below its last meaningful resistance, CryptoInsightUK sees scope for a rally of “at least another 200 percent—potentially up to 500 percent—against Bitcoin” once the pair clears the level. Such a move, he argued, would propel XRP’s market-share to the 14–20 percent range, up from roughly 2 percent today, and would likely coincide with Bitcoin itself pushing toward the $135,000–$150,000 corridor. “Things are going to get exciting pretty quick,” he warned, urging followers to prepare profit-taking plans in advance.

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Though the video focused on XRP, the analyst revealed he recently took full profits on his sizeable Ethena (ENA) position after a 100 percent gain in two weeks, citing over-exposure and extreme daily RSI readings. The sale, he said, lifted his cash buffer from 2 percent to about 5 percent, giving him “the opportunity to hold my XRP bag for longer”.

CryptoInsightUK acknowledged that timing any cycle top is notoriously difficult. “No one nails the cycle,” he conceded, promising to disclose his own exit strategy in real-time once price action justifies it. For traders who do not “live the charts,” he recommended a disciplined take-profit plan rather than aiming for absolute peaks.

For now, the spotlight stays on two charts: Bitcoin dominance and XRP/BTC. A decisive breakdown in the former and a clean breakout in the latter would, in the analyst’s words, “ignite altseason” and validate the 500 percent upside scenario. Whether that firework display begins this week or takes a little longer, he insisted, “there’s no reason we couldn’t do something like this”—and sketched a near-vertical path higher.

At press time, XRP traded at $3.46.

Featured image created with DALL.E, chart from TradingView.com

Memory specialist Micron Technology (MU 0.26%) has been delivering terrific growth in recent quarters thanks to booming demand for its chips deployed in data centers, smartphones, and personal computers (PCs), which explains why the stock has clocked solid gains of 46% so far this year.

Micron released its fiscal 2025 third-quarter results (for the three months ended May 29) on June 25. A closer look at the company’s numbers and guidance suggests that its rally is here to stay in the second half of the year.

Let’s look at the reasons why investors can expect Micron stock to deliver more upside for the rest of the year as well.

Image source: Getty Images.

Artificial intelligence (AI) has supercharged Micron Technology’s growth

Micron’s fiscal Q3 revenue shot up 37% year over year to $9.3 billion, while its adjusted earnings more than tripled to $1.91 per share. The numbers crushed Wall Street’s expectations of $1.60 per share in earnings on revenue of $8.86 billion.

Micron CEO Sanjay Mehrotra remarked on the latest earnings conference call that its data center revenue more than doubled from the year-ago period and hit record levels last quarter. This terrific growth was driven by the healthy demand for Micron’s high-bandwidth memory (HBM) chips that are integrated with AI accelerators from the likes of Nvidia and AMD.

Micron management points out that it is shipping its HBM chips in high volumes to four customers right now, who are integrating them with both graphics cards and custom AI processors. Importantly, Micron is not resting on its laurels and is focused on further improving the performance of its HBM chips. The company claims its next-generation HBM4 chips, which will succeed the HBM3E offerings, will pack 60% more performance while reducing power consumption by 20%.

The company has already provided samples of HBM4 to customers and expects to start the volume production of this product in 2026. Micron’s focus on pushing the envelope on the product development front is the right thing to do, considering that the HBM market is set to take off impressively in the long run. Bloomberg Intelligence estimates that the HBM market could generate annual revenue of $130 billion by 2030. That would be a huge jump over the $4 billion revenue this segment clocked in 2023.

Micron, therefore, still has massive room for growth in this segment, both in the short and long run. The strong momentum provided by the HBM business tells us why the company’s guidance for the current quarter points toward another solid increase in its top and bottom lines.

Micron has guided for $10.7 billion in revenue for the fiscal fourth quarter, which would be a 38% increase over the prior-year period. That would be a slight improvement over the revenue growth it reported in the previous quarter. Meanwhile, Micron’s forecast of $2.50 per share in earnings for the current quarter suggests its bottom line will more than double from the year-ago period’s reading of $1.18 per share.

The stronger growth in Micron’s earnings can be attributed to a favorable memory pricing environment. Memory manufacturers such as Micron have been increasing the prices of chips on account of solid HBM demand and supply constraints. According to TrendForce, the average price of dynamic random access memory (DRAM) chips increased in the range of 3% to 8% in the second quarter, owing to an increase in sales of HBM, along with an improvement in the demand for mobile and consumer-oriented DRAM chips.

Looking ahead, Micron management estimates that adoption of AI-enabled personal computers (PCs) and smartphones will contribute to the company’s growth in the coming quarters. So Micron’s catalysts are likely to get stronger as the year progresses, and that could pave the way for more upside in the second half of 2025 and beyond.

A big reason to buy the stock right now

We have already seen how rapidly Micron’s revenue and earnings are growing. However, the company’s valuation suggests that it is extremely undervalued, considering the phenomenal growth it’s been clocking.

Micron has a trailing price-to-earnings ratio of 22, while the forward earnings multiple is even more attractive at 11. The company is on track to end the current fiscal year with adjusted earnings of $7.76 per share (based on its guidance of $2.50 per share for fiscal Q4 and cumulative earnings of $5.26 per share in the first three quarters of the year). That would be a huge increase over its fiscal 2024 earnings of $1.30 per share.

What’s more, analysts are expecting a 54% spike in Micron’s earnings in the next fiscal year to $12.05 per share. If the stock maintains its trailing earnings multiple of 23 after a year, its stock price could hit $265. That would be more than double current levels.

As such, Micron’s latest quarterly results should give its rally a nice shot in the arm in the second half of the year, as the market could reward its terrific growth with a richer valuation, while the projected earnings growth for the next fiscal year indicates that it could continue soaring in 2026 as well.

Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US.

Whenever someone scans their eye using a World Orb, the system stores that information on the blockchain to verify an individual’s online identity. It’ll also help distinguish between what’s real and what’s artificially generated.

Read on as we spill more information about this innovative initiative. We’ll also cover another revolutionary AI-crypto project (SUBBD Token) promising sizable gains.

What in the $WLD?

$WLD is the native token of the Worldcoin project used to reward people for participating, among other things.

People who scan their eyes with a World Orb will get 16 $WLD, while those who have already downloaded and registered on the World app will receive 150 $WLD as a ‘pioneer grant.’

The project plans to install more than 7,500 scanning orbs across the US by the end of this year. The team says its orbs have already verified 12 million humans from over 100 countries on its World Chain.

In time for the US launch, the orb design has been revamped; it’s now more compact and looks like a smartphone instead of the earlier ‘ball-like’ form factor.

Tools for Humanity is also in talks with VISA about launching a debit card linked to the $WLD cryptocurrency.

Users can use the card to directly pay at merchant stores for automatic fiat currency conversions. Cardholders will also receive rewards for subscribing to AI services like ChatGPT.

Besides this, you can use the World Wallet app to send and receive $WLD and other cryptocurrencies through private chat.

What’s more, ID integration with Stripe, Match Group, and Razor will also soon be introduced on the app.

Without a doubt, Worldcoin is an excellent example of how Web3 technology can be integrated into real-world applications.

As the global cryptocurrency adoption increases with supportive government regulations, we’ll see more exciting applications.

One such is the SUBBD Token ($SUBBD), pegged as the next potential crypto to explode, thanks to its AI solutions for the $85B digital content industry.

What Is SUBBD Token ($SUBBD)?

‘The #1 AI agent creator platform’, SUBBD offers a never-before-seen mix of social media influencers, artificial intelligence, and cryptocurrency, revolutionizing how online content creators and their fans interact.

Currently, creators must put up with exorbitant fees and lackluster platforms that don’t help them improve or monetize their content offerings.

SUBBD, however, comes with tons of AI-powered tools, such as image, voice, video, and profile generators, to help creators upscale and automate their content production process.

Moreover, creators will also be able to set up various monetization routes, such as subscriptions, pay-per-view (PPV), NFT sales, and tipping.

$SUBBD Token Holders Get Significant Benefits

$SUBBD also has something for the fans.

Using $SUBBD, the native currency of the SUBBD platform, fans can access their favorite creators’ exclusive work.

$SUBBD holders will also get exclusive discounts on content and subscriptions, as well as early access to beta features, new creator tools, launchpads, and more.

Holding $SUBBD tokens also gives holders governance rights. That means they all have a say in decisions, such as creator onboarding, themes, and communities.

Even $SUBBD’s staking rewards come with on-platform benefits. Stake your tokens to receive access to exclusive creator livestreams, daily BTS drops, in-house content from SUBBD’s top talents, and a fixed 20% APY from the staking pool.

SUBBD Token Is Currently in Presale

Considering $SUBBD’s unique positioning, it’s no wonder our SUBBD Token price prediction suggests it could reach $0.668 by the end of 2026 – a gain of over 1,200%.

Become an early investor to make the most of SUBBD’s market dominance. It’s currently in presale, so you can buy $SUBBD for just $0.055325 per token. It’s already raised some $335K, showing strong early interest.

For more information, check out $SUBBD’s whitepaper. And visit their X feed and Telegram channel for regular updates.

Finally, please remember that none of the above is financial advice. We urge you to do your own research before investing in crypto.

Cryptocurrency jumped on Wednesday with news that Donald Trump had retreated the country’s tariff burden, except for China.

According to Trump’s Truth Society post, he issued a 90-day delay on tariffs, significantly reducing the 10% share of mutual tariffs for this period for all countries except China. Meanwhile, he said it raised China’s tariffs to 125% to “immediately effective.”

Bitcoin (BTC) has stepped up around $77,000 for most sessions in the US, surpassing $81,000 in news, up 5.5% over the last 24 hours.

Altcoin Majors further strengthened with XRP, Solana’s Sol, Avalanche’s Avax, ChainLink Link, Hedera’s HBAR and SUI earned more than 10% on the Coindesk 20 index, mostly in the market. Ethereum’s ETH increased by 8% to $1,600 over the same period.

US stocks also responded positively, with the Nasdaq and Tech Heavy S&P 500 indexes increasing by 7% and 8.8% in the one-day session.

Earlier on Wednesday, Trump posted that it was “the best time to buy.”

BitMEX founder Arthur Hayes says that Bitcoin (BTC) will likely hit a massive value before the current market cycle peaks.

In a new interview with Master Ventures founder Kyle Chasse, Hayes says that Bitcoin is likely to print a series of rallies this cycle amid an expansion of the monetary supply.

“I think Bitcoin is going to hit a numerically interesting number. Now, obviously, I put a $1 million Bitcoin out there. I hope it hits a $1 million, but maybe it’s like $666,000 or $500,000 or $250,000 – some round number that in the human mind is significant for some arbitrary reason. We are going to hit that level and then we’re going to expect insane things out of the pace of fiat money creation. And at that point, it’s probably time to sell everything.”

Hayes also believes that Bitcoin has moved away from its halving-based four-year cycle and instead its price action is driven by the level of fiat liquidity sloshing around the markets.

Bitcoin’s halving is an event that slashes the BTC miner reward in half, triggering an imbalance between supply and demand that has previously coincided with rallies.

“I think that the four-year Bitcoin halving cycle and sort of the miner profitability and how that swings over time made a lot more sense in terms of a market cycle when Bitcoin was a much smaller asset class…

But now that Bitcoin and crypto are a bona fide asset class, they are talked about in every major financial network in the world, every central bank has an opinion on it, whether it’s good or whether it’s bad, you have the leader of the empire of the US talking about Bitcoin and policies…

Now I think Bitcoin has transitioned from this sort of technological digital bare asset into the best smoke alarm for fiat liquidity that we have globally. Previously, that role was held by gold. Gold and Bitcoin have some different properties that make them react a little differently to things. And now I think we have a 24/7 market. Anyone with an internet connection can access it, and it’s really just driven [by] fiat liquidity.”

Bitcoin is trading for $84,152 at time of writing, down 3.7% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/TadashiArt/Natalia Siiatovskaia