Pudgy Penguins, one of the few NFT projects still gaining attention, has announced a new partnership with NASCAR in another step towards reaching mainstream audiences. The partnership was announced on June 11 via a brief post on X, where the…

Pudgy Penguins partners with NASCAR to reach new audience

According to Walker, host of The Bitcoin Podcast, Bitcoin’s share of the 
world’s wealth is still tiny. It sits at about $2 trillion in market value. 
That’s just 0.2% of roughly $1 quadrillion held across all assets. For many 
investors, that number brings a sense of how early this market really is. Yet, 
it also raises questions about what comes next for this highly talked-about 
coin. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto 
Winter Fears Global Wealth Distribution Real estate holds the biggest slice of 
that $1 quadrillion pie. At around $370 trillion, it represents 37% of total 
global wealth. Bonds follow close behind with $318 trillion. Those are seen as 
a safe choice for retirees and conservative funds. Stocks, meanwhile, sit at 
$135 trillion. Cash and bank deposits add another almost $130 trillion to the 
mix. These numbers show where most of the world’s money lives today. There is 
$1000 TRILLION of global wealth. Bitcoin is only $2T… Bitcoin is only 0.2% of 
global wealth, and there will only ever be 21M bitcoins. We are insanely early 
yet many still feel like they’ve missed the boat… If you’re reading this, buy 
bitcoin. Chart: @Croesus_BTC pic.twitter.com/gjju41MMGm — Walker⚡️ 
(@WalkerAmerica) June 11, 2025 Bitcoin’s Market Share Bitcoin’s $2 trillion 
value looks small next to these giants. It comes in below art, cars and 
collectibles, which together amount to $27 trillion. Gold, long a trusted 
store of value, sits at $22 trillion. So, while Bitcoin is rare by design, it 
still trails behind assets with centuries of history and deep pockets on the 
buying side. Scarcity Fuels Price Talk With only 21 million coins ever to be 
mined, Bitcoin’s supply cap is fixed. That has led to forecasts of big price 
jumps if demand keeps growing. Based on reports, some say Bitcoin could match 
gold’s $22 trillion market cap one day. That would push a single coin past 
$1.15 million. Other backers warn that missing out now could mean buying in 
later at much higher levels, driven by FOMO—fear of missing out. Related 
Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump-Backed 
Stablecoin Institutions Eye The Market Michael Saylor, who heads one of the 
biggest Bitcoin treasury firms, thinks big players might wait until prices 
soar. He suggests that companies like JPMorgan could finally jump in when 
Bitcoin hits $1 million. He even floated the idea of $10 million per coin 
before it becomes common in mainstream portfolios. These views point to a 
potential wave of new cash rushing in if certain price thresholds are crossed. 
Featured image from Bitbo, chart from TradingView

Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst

The U.S. Securities and Exchange Commission (SEC) has hit the pause button on 
several crypto exchange-traded fund (ETF) proposals, putting approval in 
doubt. According to filings published this week, the SEC is delaying its 
decision for three ETF proposals, including…

Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings

Chinese tech giant Tencent is reportedly considering an acquisition of South 
Korean game developer Nexon. A Bloomberg report citing unnamed sources claimed 
that Tencent has approached the family of Nexon’s late founder, Kim Jung-ju, 
to explore a potential deal. While…

Tencent reopens talks to acquire South Korea’s Nexon, a game developer exploring blockchain

DeFi Development Corp. has announced a $5 billion equity line of credit to 
strengthen its Solana-focused treasury and accelerate its SOL per share growth 
strategy, marking a major commitment to the expanding Solana ecosystem. $5 
Billion Equity Line to Drive DeFi Dev Corp’s Solana Accumulation DeFi 
Development Corp. (Nasdaq: DFDV), the first publicly listed U.S. […]

DeFi Development Corp. Secures $5 Billion Equity to Boost Solana-Focused Strategy

The CFTC said that My Big Coin investors might not get their money back as the 
alleged operators “may not have sufficient funds or assets.”