Top crypto to buy as Saudi Central Bank reveals exposure to MSTR

By: coinjournal|2025/05/16 18:45:05
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Bitcoin and other crypto assets have been in an uptrend in recent sessions after the Saudi Central Bank (SAMA) confirmed significant exposure to MicroStrategy Inc.According to SAMA’s latest 13F filing, it owns a total of 25,656 shares of the business intelligence firm that has successfully transformed into a Bitcoin-proxy over the past few years.This institutional purchase together with the de-escalation of trade tensions between the US and China have pushed the price of BTC up nearly 40% in early April.Why is SAMA’s move significant for top cryptocurrenciesMSTR is broadly known as alternative means to invest in the world’s largest cryptocurrency by market cap. The Nasdaq listed firm currently has more than half-a-million BTC on its balance sheet.Crypto community is cheering Saudi Central Bank’s revelation as it signals mainstream adoption and the rising institutional interest in top crypto to buy.Investors are celebrating as SAMA’s move is being broadly interpreted as a vote of confidence on the Bitcoin strategy pioneered by Michael Saylor, the executive chairman of MicroStrategy, in 2020.https://x.com/saylor/status/1923060408811721081They’re hopeful that the central bank’s vote of confidence will make other companies start to invest in BTC, which may serve as a meaningful catalyst not just for Bitcoin but for the rest of the crypto industry as well.With the global investment banks getting interested in gaining exposure to Bitcoin, investors are hoping that the world where BTC eventually earns the reserve status may now be in the near future.What SAMA’s move may mean for meme coins like Bitcoin PepeSaudi Central Bank’s sizable position in MicroStrategy could signal institutional confidence in Bitcoin, potentially benefiting meme coins like Bitcoin Pepe. MicroStrategy is one of the largest corporate holders of Bitcoin, and its stock is often seen as a proxy for Bitcoin exposure.If a major financial institution like the Saudi Central Bank is investing in MicroStrategy, it suggests growing recognition of Bitcoin as a legitimate asset class.https://x.com/BitcoinNewsCom/status/1897289158772641882This could have a spillover effect on meme coins like Bitcoin Pepe. Institutional adoption tends to increase liquidity and stability in the broader crypto market, attracting new retail and institutional investors.Meme coins thrive on speculation and community enthusiasm, and a bullish institutional stance on Bitcoin could lead to increased interest in related assets.Bitcoin Pepe may be a top crypto to buy to play the potential spillover effect of SAMA’s investment in MSTR as it’s “the world’s only Bitcoin meme ICO” narrative is already attracting strong demand.Plus, it’s a native token that’s currently in a presale only, indicating the explosive initial moves that meme coins are broadly known for are yet to materialize for Bitcoin Pepe.Its commitment to instant transactions and ultra-low fees has helped it raise more than $8.4 million already – and the momentum may continue once it lists on a crypto exchange after the presale, especially with SAMA type announcements supporting crypto prices in 2025.Click here if you’d like to learn more about Bitcoin Pepe.The post Top crypto to buy as Saudi Central Bank reveals exposure to MSTR appeared first on CoinJournal.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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