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.