Bitwise, one of the world’s fastest-growing crypto asset managers, has announced a $150K donation to Bitcoin development, in a rallying call for the whole industry.
The donation will be distributed among three non-profit organizations: Brink, the Human Rights Foundation (HRF), and Open Sats.
Bitwise representatives have described the donation as more than just charity work; it’s about reaffirming their commitment to stewarding Bitcoin’s ecosystem development.
A Rallying Cry to the Crypto Industry
“We hope you’re as proud as we are to support Bitcoin open-source developers. As BITB grows, so too will our contribution. Bitcoin is changing the world, and Bitwise will always strive to do our part to be a good steward of this incredible ecosystem alongside you.” they’ve stated in their X post.
Despite the donation being relatively modest, Bitwise believes that the gesture itself will have an even bigger impact; perhaps in the way of buzz.
How Bitwise’s Donation Could Shape Bitcoin’s Future
Bitwise’s donation came at a time when the crypto market is seeing unparalleled global regulatory acceptance and adoption. In this context, funding open-source developers supports Bitcoin’s development and can boost market confidence and chatter.
In another pro-crypto move, Bitwise also filed a list with SEC (Securities and Exchange Commission) for XRP ETF, on January 6, which marks another notable expansion in the crypto ecosystem.
If the SEC approves the application, the ETF would create a regulated environment for XRP investments. Bitwise’s involvement in the crypto-sphere could stir the markets and support the development of new crypto projects.
How Trump’s Administration Can Magnify Bitwise’s Efforts
It’s no secret that Trump’s administration sees the crypto market in a favorable light, and crypto pundit Howard Lutnik’s recent appointment as the new head of the Commerce Department is just further proof of that. Lutnik’s former company, Cantor Fitzgerald, is known for its crypto investments.
This is just the latest pro-crypto appointment after Trump vowed to make the US the “crypto capital of the world” and mulls over the creation of a national Bitcoin reserve.
Such a move would not only boost Bitcoin’s value and credibility, but would have a halo effect on the altcoin market as a whole. Here are three crypto projects that could easily soar in a new rally.
1. Solaxy ($SOLX) Layer 2 Upgrades Solana’s Blockchain Functionality
Solaxy ($SOLX) is the next step in the Solana ecosystem’s evolution. The Layer 2 upgrade aims to improve user experience by eliminating network congestion, addressing failed transactions, and delivering unlimited scalability.
The presale has currently raised over $22M so far, making it one of the best presales of early 2025. With a token price of $0.00164 and an APY of 181%, stakers are looking at generous ROI (Return on investment) if they can lock it in today.
The reward system is also dynamic, meaning it’s based on the total number of stakers and their contribution to the pool. With solid tokenomics, regular developer updates, and well-defined utility, Solaxy shows great long-term promise.
A good reason to get in now is that you’ll get the token at a much lower price than when it is listed.
2. BTC Bull Token ($BTCBULL) Pushes Bitcoin to a $5.2T Market Cap and Beyond
BTC Bull Token ($BTCBULL) has built its case on Bitcoin’s success. The project rests on the idea that Bitcoin is unstoppable and will rally to $250K and even to $1M. Based on this, BTC Bull Token offers investors several unique benefits:
- An APY of 179% with a vesting period of 2 years
- Bitcoin airdrops whenever Bitcoin reaches key price milestones ($150k and $200k)
- A massive $BTCBULL airdrop when Bitcoin reaches $250k
BTC Bull Token also has a token burn system in place, linking the token’s price evaluation to that of Bitcoin. For every $25K increase in Bitcoin’s price, the platform burns a percentage of the total $BTCBULL supply, instantly increasing the price per token.
The presale has accumulated close to $2.5M so far, with $BTCBULL standing at $0.00237. Investing early is the simplest way to maximize your ROI once the project goes live.
3. Story IP ($STORY) Tokenizes the $61T Intellectual Property Market Into the Blockchain
Story IP ($STORY) aims to capitalize on the untapped crypto potential of IP with three core features:
- A bundle of applications meant to leverage the tokenized IP for use cases like IPFI (Intellectual Property Finance)
- A universal license agreement connecting the code with the law
- A modular smart contract protocol tokenizing IP to make it programmable
The project has multiple protocols and applications in place, including the Proof-of-Creativity protocol, supporting Story’s blockchain functionalities like automated royalty payments and no-permission licensing.
$STORY hit public exchanges on February 13 and is currently on a sustained upwards trend.
The token is currently worth $3.18 with a 38.97% all-time growth and a 97.83% volume over the last 24 hours. Based on these numbers, investing today may prove especially lucrative.
Can Bitwise Rally Bitcoin and the Altcoin Market with It?
While Bitwise’s recent charitable gesture may not fuel the crypto market by itself, in the context of the current Trump administration, it just might.
Bitcoin is also not the only project that stands to benefit. Other crypto projects like Solaxy, BTC Bull Token, or Best Wallet could easily follow suit. After all, the crypto market moves as one. That’s why we keep an eye out for any bullish indicators.
Remember, however, this is not financial advice. Always DYOR (Do Your Own Research) before investing and have a good risk management strategy in place.
