Best Crypto to Buy Now as Peter Schiff Warns Of Corporate Bitcoin Hoarding

When gold proponent Peter Schiff sounded the alarm on July 14, he wasn’t cheering for Bitcoin adoption. He was warning of a brewing crisis. Schiff argues that today’s rally isn’t driven by grassroots interest but by corporations piling up Bitcoin on their balance sheets, turning digital gold into a speculative asset class. 

This shift matters because unchecked treasury strategies could tip markets into a frenzy, undermining Bitcoin’s decentralized roots and testing investor resilience. As investors wrestle with portfolio diversification, finding the best crypto to buy now has become an exercise in weighing hype against fundamentals.

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Bitcoin’s Rally Built on Sand? Experts Decry Corporate “Ponzi” Speculation

Large companies are buying up Bitcoin at an incredible rate, sparking warnings that this unchecked corporate hoarding could ignite a massive speculative bubble and destroy cryptocurrency’s core principle of decentralization.

A growing trend of corporations amassing huge Bitcoin reserves is raising alarms among critics. They argue this behavior fuels unsustainable price surges and undermines the asset’s decentralized nature.

Economist and gold proponent Peter Schiff voiced this concern on social media platform X on July 14. He stated the current Bitcoin rally isn’t driven by everyday users, but by big companies stockpiling Bitcoin specifically to create artificial future demand. Schiff argued, “Bitcoin demand has shifted to Bitcoin treasury companies and speculators looking to front-run that buying.”

He issued a stark warning: “This is a Ponzi built on a pyramid. It’s not about broadening Bitcoin adoption. It’s about wild centralized speculation that undermines Bitcoin’s foundational principles.” His view found support from economist Steve Hanke.

Hanke added his own caution, writing: “Companies swapping productive investments for bitcoin ‘treasuries’ are playing roulette. Bitcoin and ethereum treasuries have no business model because BTC has no fundamental value.”

Schiff elaborated further in a reply aimed at MicroStrategy (Nasdaq: MSTR) co-founder Michael Saylor and journalist Laura Shin. He predicted, “It’s only going up until the bubble bursts, then it will crash. This is how pyramid schemes work. Bitcoin is based on the greater fool theory.”

Schiff added pointedly, “Saylor may well end up being the greatest fool, but this dynamic can’t continue forever. They never have. Bitcoin won’t be the exception.”

Hanke, a professor at Johns Hopkins University, backed Schiff, stating he “is spot on.” In a nutshell, both economists contend the corporate Bitcoin treasury model prioritizes hype over real value, leaving investors dangerously exposed when market sentiment inevitably shifts.

Best Crypto to Buy Now

The rise of corporate Bitcoin treasuries exposes a clash between speculative fervor and foundational principles. Savvy investors should look beyond balance‑sheet hype to projects with strong use cases, resilient networks, and clear growth trajectories.

Best Wallet Token

Best Wallet Token is backed by real utility, powering a multi-asset wallet used by millions. As treasury strategies face pressure, its role in everyday crypto use offers stability and lasting value.

Best Wallet has raised over $13.9 million in its ongoing presale, marking a major milestone for the rising Web3 wallet project. That number is expected to grow further in the hours ahead.

Built for both active traders and long-term investors, Best Wallet is quickly gaining ground as one of the most capable and user-friendly wallets in crypto. Its feature set continues to expand.

A key driver of its growth is deep integration with more than 330 DeFi protocols, offering better routes for swaps and liquidity. Users often see improved pricing compared to standard aggregators.

Over 30 active cross-chain bridges help streamline the experience, letting users move assets between networks with minimal friction. It’s a smoother ride across chains than most alternatives.

Security has also been a major focus. Best Wallet uses Fireblocks’ MPC-CMP tech, splitting private keys into encrypted shards stored separately to remove any single point of failure.

This non-custodial setup mirrors the standards used by institutions, offering serious peace of mind for users who prioritize asset protection without giving up control.

Best Wallet recently earned WalletConnect certification, further cementing its position among top-tier wallets. It’s a strong sign of trust and compatibility with the broader ecosystem.

Looking forward, utility for the $BEST token is expanding. A staking aggregator is coming soon, giving holders access to higher yields across a range of supported platforms.

Early adopters of the token are set to receive enhanced rewards once the staking system launches, creating extra incentive to stay invested over the long haul.

One of the most anticipated updates is a Dollar Cost Averaging (DCA) tool, part of Phase 4. It allows for automated buying and selling based on long-term strategies.

This tool fits the mindset of users who view Bitcoin as a generational asset. It makes consistent accumulation easier without worrying about market timing.

Gas token-free transactions are expected to roll out in the same phase, lowering costs and keeping trades efficient even during high volatility.

With adoption rising and features like these on the way, Best Wallet is shaping up to be more than just storage. It’s becoming a full-stack solution for serious crypto holders.

Snorter

Snorter targets a key gap in DeFi with sharp focus. Built for fast swaps and low fees, it thrives during high-volume speculation and shifting market trends.

Snorter is built for the fast-paced meme coin market, where seconds matter and new tokens can launch without warning. It works directly inside Telegram for real-time execution.

The bot lets users trade in the same space where calls, rumors, and early alpha get shared. This setup cuts response time and boosts decision speed across the board.

Snorter compresses the full trade cycle into one interface. It features wallet tracking, sniper triggers, and instant swaps with MEV protection to block front-running bots.

Users can mirror wallets, auto-buy based on triggers, and flag risky contracts like honeypots. It adds a layer of defense in a market full of stealth launches and traps.

On Solana, tokens often double within a minute of listing. Snorter helps retail traders react in time, before social channels or influencers catch on.

It is cost-efficient too. SNORT token holders get execution fees as low as 0.85%, while most rivals charge 1% to 2%, giving Snorter an edge for active traders.

With buying activity rising and meme coins heating up again, Snorter aims to be more than a bot. It’s evolving into a full trading command center.

Multi-chain support is already in development, with the roadmap shaped by community proposals. Its long-term goal is to lead the next meme coin wave in 2025.

Bitcoin Hyper

Bitcoin Hyper enhances Bitcoin’s core network with scalable sidechains and added privacy. As traditional treasury models show strain, this Layer-2 solution stands out for its mix of security and long-term growth potential.

Bitcoin Hyper (HYPER) is closing in on the $3 million mark during its presale, sparking interest as a potential top crypto pick this week.

The project is positioning itself as the first true Layer-2 for Bitcoin, built to bring smart contracts and DeFi into the BTC ecosystem.

While networks like Lightning handle payments, Bitcoin Hyper aims to go further by enabling full-scale decentralized apps on top of Bitcoin.

It uses Solana’s Virtual Machine (SVM) for high-speed execution, while keeping security anchored to Bitcoin’s main chain.

That blend of Solana-level speed and Bitcoin-level trust fills a long-standing gap in the Layer-2 landscape.

Transactions happen off-chain at lightning pace, then settle back on Bitcoin using zero-knowledge proofs. No middlemen, no complex custody.

The mainnet launch is slated for later this year. So far, the team has finished SVM integration, bridge testing, and audits from Coinsult and Spywolf.

The roadmap includes launching dApps across DeFi, NFTs, and gaming. These areas have struggled on Bitcoin’s base layer due to slow speeds and high fees. Crypto YouTuber 99Bitcoins recently called Bitcoin Hyper the next meme coin ready to surge in value.

By unlocking native app support on Bitcoin, Bitcoin Hyper could open the door to a new wave of innovation in the ecosystem.

Conclusion

Peter Schiff’s stark warning about corporate Bitcoin hoarding lays bare a deeper dilemma: can digital assets retain their decentralized spirit under institutional pressure? This episode not only spotlights the perils of balance‑sheet speculation but also emphasizes the need for tokens with robust fundamentals and clear utility.

As markets grapple with shifting sentiment, investors should focus on projects that offer real-world solutions rather than chasing headline-driven hype. This ‘best crypto to buy now’ list features strategically chosen assets, each with unique attributes that make them smart picks for both short-term gains and long-term holds.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay Kolev

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.