Summary BTCI offers a unique way to earn monthly income from Bitcoin's volatility, providing over 25% annualized yield while maintaining exposure to Bitcoin's price movements. The ETF uses a covered call strategy, trading Bitcoin ETPs and selling call options to generate high yields, though this caps upside during strong rallies. BTCI is ideal for income-focused Bitcoin investors willing to trade some growth for steady cash flow, but it carries risks tied to Bitcoin's price and volatility. With strong early performance, robust distributions, and a compelling value proposition, I rate BTCI a buy for those seeking yield plus Bitcoin exposure. Bitcoin ( BTC-USD ) has been one of the most exciting assets in the markets this past decade. Critics argue that its volatility makes it unsuitable as a store of value, while supporters compare it to digital "Manhattan real estate" or more commonly digital gold. Over the last year alone, Bitcoin has rallied more than 85%, cementing its reputation as a high-beta asset tied to broader risk sentiment. While bitcoin’s growth has been mind-blowing, and bitcoin believers have made tons of money, there is no way to live off these gains without selling your coins and losing Bitcoin exposure. That is where the NEOS Bitcoin High Income ETF ( BTCI ) comes in. This actively managed ETF was launched in late 2024, helping investors like me combine direct exposure to bitcoin with an options strategy that monetizes the asset’s volatility. In other words, BTCI turns bitcoin’s volatility into a source of monthly income. Since its inception, BTCI has quickly gained a ton of traction and has established itself as a top monthly payer. The fund has more than $500 million in assets under management, and it pays one of the most rewarding distribution yields available today. BTCI is paying more than 25% on an annualized basis. I have started contributing half of my bitcoin allocation into BTCI, and I believe many bitcoin investors will do the same. If you are long bitcoin and are willing to sacrifice some upside potential for monthly income and reduced volatility, BTCI is a buy. Breaking down BTCI Inception: October 17, 2024 Assets Under Management: $556 million Expense Ratio: 0.98% Underlying Exposure: Actively managed fund investing in Bitcoin ETPs and futures, with a call option overlay strategy Distribution: Monthly, currently 27.92% annual yield, most distributions are classified as return of capital (ROC) (estimated 96%) Performance: Since inception, BTCI has delivered a total return of 58%. For reference, current date: 8/19/2025. BTCI's Options Strategy BTCI is an actively managed ETF, as you could probably tell by the expense ratio close to 1%. Its strategy is synthetic covered calls on Bitcoin. The fund establishes exposure to Bitcoin through spot Bitcoin ETPs, while selling call options on Bitcoin futures ETFs. These calls are sold about one month away and are held until expiration. Investors benefit from income that is directly tied to bitcoin’s volatility. When volatility is high, option premiums increase, allowing BTCI to deliver double-digit annualized yields. Selling calls means the fund gives up some upside in big Bitcoin rallies. If Bitcoin shoots up 20% in a month, BTCI investors will capture only a portion of that move since the calls sold against the underlying cap the upside. This strategy can produce alpha against Bitcoin in flat or slightly up or down markets. BTCI thrives, as premiums collected provide steady returns even if Bitcoin’s spot price does not move much. Risks While BTCI’s 25%+ yield is extremely attractive, there are several risks we should understand while holding BTCI. Bitcoin’s uncertainty remains high, and BTCI is not a hedge against crypto downturns. If Bitcoin enters a bear market, BTCI’s net asset value will decline. The options strategy provides income but does not offer much downside protection. So it has similar risk profiles to holding bitcoin. Its ability to generate large monthly payments depends on implied volatility in bitcoin options and futures. If volatility compresses and bitcoin trades in a tight range for a while, option premiums will shrink, lowering payouts. Distributions will vary a bit from month to month, depending on market conditions. These distributions won't be as reliable and safe as blue-chip dividend stock; they have a lot more factors associated with them. The range so far has been about $1.12 - $1.5 per share, with most dividends being $1.4 per share. So there is a bit of a gap between the biggest and the smallest payouts, but it's nothing dramatic. The upside is capped. BTCI will underperform pure Bitcoin during sharp rallies because call options limit gains. Investors who do not value income so much and want the full upside potential of bitcoin will do better off just holding bitcoin directly. BTCI is great for income, but it will limit some bitcoin rally upside. Seeking Alpha BTCI just launched in October 2024; it is brand new. With such a short amount of time since its inception, we don't have much data on how it will actually perform in the long term. We have not yet seen how it will perform in a true crypto winter or in a bitcoin halving. We can make estimates and try to back-test the trades, but we will never truly know until it happens and we get to see it for ourselves. Since there is only about 6 months of data for BTCI, I used the last 6 months to compare it to Bitcoin's performance in a pretty bullish cycle for Bitcoin. It has been on par with Bitcoin, which is what we want. Past performance does not guarantee future returns. We will just have to wait a couple of years to see. Distributions Since its inception, BTCI has done a great job at returning income to shareholders. It has paid about $1.40 per share per month. This is roughly a 2% monthly yield; these types of returns can seriously compound money fast. Seeking Alpha BTCI has also done a great job controlling its share price and net asset value [NAV]. BTCI's shares have actually gone up about 20% since its inception, on top of returning huge income to investors. With the continued rise of Bitcoin, this should continue and will allow BTCI to keep paying a high monthly income. I do not see NAV erosion or huge share price decays outside of bitcoin's share movement to be a problem for BTCI. BTCI's future success will come from two things: continued volatility in bitcoin and continued bitcoin appreciation. If the volatility remains high, we will continue to receive 20+% yields yearly, and if bitcoin's price keeps grinding up, we will receive share appreciation. Bitcoin's price appreciation also protects the NAV from decreasing and could eventually offset reduced volatility if Bitcoin becomes a more stable asset. Scenario Analysis: Here are some scenarios on how Bitcoin's price action will affect BTCI. If Bitcoin rallies 50% in a year, BTCI will capture some of the upside. Of course, not all of it, but possibly 15–25% capital appreciation on top of big distributions. Still producing a strong total return even if it lags BTC directly. If Bitcoin trades sideways, BTCI thrives. Monthly option income will keep hitting the account monthly, and we will enjoy double-digit yields. Maybe since volatility is lower, we won't see a 25% yield, but we could see 18%-20%. BTCI in this scenario would outperform Bitcoin and produce really strong results. If Bitcoin declines sharply, BTCI will follow, also declining. While income will continue, total returns could turn negative, just as they would for direct bitcoin holders. BTCI would outperform Bitcoin in this scenario, as calls will keep producing income since volatility will still be there. The calls will also provide a little cushion as the share price falls, since they make it so BTCI has a lower overall beta compared to Bitcoin. BTCI will lag Bitcoin’s return when the price is shooting up, but it could create alpha compared to Bitcoin in slow-moving or bear markets. Why I Am Bullish What makes BTCI compelling is that it solves a problem for people like me who are bullish on bitcoin and want to hold bitcoin for a long time, but also want income. Something bitcoin does not provide. Seeking Alpha BTCI has heavily outperformed the S&P 500 these past 6 months, although we do not have many years of data. If you are bullish on Bitcoin, you do not see this trend slowing down. Even just a small exposure to this ETF can set your portfolio apart and create market-beating returns. Seeking Alpha BTCI has also heavily outperformed other NEOS high-yielding ETFs. Bitcoin's underlying volatility makes it hard for the Nasdaq and the S&P 500 to compete. Although past returns do not guarantee future returns. I see BTCI as a true winner, it is everything a high-yield ETF should be. I am very bullish on BTCI, and I believe it will keep returning market-beating results for many years to come. Assuming bitcoin's price keeps appreciating over time as more buyers see bitcoin's potential. And, assuming government policy towards crypto does not do a complete 180 from friendly to ban all crypto, BTCI is going to do great. The current macro conditions make BTCI even more favorable, as the Federal Reserve’s expected rate cuts could increase the attractiveness of BTCI’s distributions as people move from treasuries and bonds to other high-yielding assets. This can cause BTCI’s AUM to grow even quicker. Another thing to note that could impact BTCI's AUM is that when the Fed cuts rates, investors will have access to cheaper capital. If you are an investor with a high-risk appetite, you may buy BTCI on margin and be able to pocket the yield difference. Let's say BTCI remains flat in price, but returns a 20% yield. If you are paying 5% in interest, you just made a 15% return on your money. I'm not saying this has to happen, but sentiment online is that more and more people are starting to look at these yield arbitrage plays with covered call ETFs. This definitely could have an impact on BTCI's AUM, and that is why I mention it. This strategy is risky and not meant for every investor. I am currently not using this strategy myself. Conclusion BTCI is one of the most interesting ETFs to launch in recent years. By applying a high-income covered call strategy to Bitcoin, it takes volatility and turns it into a monthly cash flow while still offering some upside participation. Risks remain correlated to Bitcoin’s price and underperformance in upside during big rallies, but the value proposition is clear. For income investors who want bitcoin exposure, BTCI is paradise. With annualized yields currently more than 25%, consistent monthly payouts, and a best-in-class fund backing it in NEOS, the fund provides a nice mix of yield and growth. I rate BTCI a buy, as it represents one of the best ways for investors who are bullish on Bitcoin to generate monthly income while still being exposed to Bitcoin’s long-term price movements.
Ethereum has made an impressive price action this week, climbing above $4,700 and pushing its market cap to $569 billion. That’s a 9% daily gain, which exhibits just how quickly momentum can shift when investors are taking control of the market. In just two sessions, ETH added more than $800, a rally fueled by cleaner technical signals and stronger interest from bigger players in the market. Looking at the 4-hour chart, ETH has carved out a classic ABCD harmonic pattern, a sign that the move isn’t random but follows a structured path. The breakout above the 50-period SMA at $4,388 also came with a bullish engulfing candle—an early indication that sellers lost their grip and buyers were willing to commit. Ethereum (ETH/USD) Key Levels to Watch Now Bitcoin price prediction is slightly bullish as the ETH/USD pair is showing strength without looking stretched. The relative strength index (RSI) is holding around 65, high but not yet overbought. Whereas, the (Moving Average Convergence Divergence) MACD is widening on the bullish side, suggesting momentum still has room. Ethereum Price Chart – Source: Tradingview Right now, price action is consolidating around $4,700 in what looks like a flag formation. That’s often the pause before the next leg up. Ethereum is trading near $4,720 after a sharp breakout. Support sits at $4,600 & $4,400, while resistance at $4,900 could open the path to $5,300. #ETH #Crypto pic.twitter.com/e82KAWw9mG — Arslan Ali (@forex_arslan) August 23, 2025 Here’s how the chart stacks up: support is sitting around $4,600, with a stronger base near $4,400. Resistance is at $4,900—if ETH clears that, it opens a path to $5,300, and eventually $5,700. These levels line up closely with the extension targets highlighted on TradingView’s path tool. Looking Ahead: Can ETH Push Toward $6,000? For traders, ETH technical analysis is simple. A close above $4,900 and you’re in, stops below $4,600. First target $5,300, then $5,700. If momentum continues, ETH could be laying the foundation for a move to $6,000 in the coming months. Momentum is bullish: RSI near 65, MACD widening. A close above $4,900 sets sights on $5,700–$6,000. ETH’s $569B market cap signals this run may just be beginning. #Ethereum — Arslan Ali (@forex_arslan) August 23, 2025 Ethereum’s $569 billion market cap isn’t just a number – it’s the weight it’s carrying across DeFi, NFTs and blockchain infrastructure. That’s why this feels different from just another spike. It could be the start of a bigger move where ETH retests the highs and starts to become the backbone of the digital economy. New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation. By combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development. The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations. Momentum is building quickly. The presale has already crossed $11.3 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012775—but that figure will increase as the presale progresses. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post Ethereum Price Prediction: With a $569B Market Cap, Is the New All-Time High Just the Beginning for ETH? appeared first on Cryptonews .
Bitcoin price surged past $124,000 after Federal Reserve Chair Jerome Powell’s Jackson Hole remarks signaled potential rate cuts, then retraced as markets digested further comments and fresh economic data; volatility
The global crypto market did a major turnaround after bullish sentiments took over following Federal Reserve Chair Jerome Powell’s speech. Powell used his final Jackson Hole address to hint at looming interest rate cuts. This ignited a sharp rally for Bitcoin (BTC), Ethereum (ETH), and other major altcoins. Data shows that nearly $770 million worth of long and short positions were liquidated in the last 24 hours. Bears got hammered the most during the fresh rally. Bitcoin had been teetering near $112,000 last mid-week, but it roared back to breakthrough the $117 mark again. The cumulative digital assets market cap surged by more than 4% to regain $4 trillion. Its 24-hour trading volume is up by 79% to stand at $261 billion. The Fear and Greed Index remained “Neutral” while inching towards “Greed” territory. $476M shorts wiped as bulls pushes ETH According to the data shared by CoinGlass, more than $476 million of short bets were liquidated over the last 24 hours. The largest single liquidation order of ETH-USDT-SWAP, worth $10 million, happened on OKX. Ethereum stole the spotlight as it skyrocketed nearly 15% to hit a fresh all-time high just shy of $4,900. The bull frenzy managed to demolish the record made back in 2021. ETH price is now running up by 42% on a YTD basis. It has outperformed Bitcoin gains of 24% in the same period. Ripple’s XRP is the only crypto among the top 10 that outdid Ethereum in the parallel spell. Ethereum is trading at an average price of $4,714 at the press time. Its 24-hour trading volume has spiked by 129% to hit $80.25 billion. Ethereum long and short liquidation, Source: CoinGlass. Data shows that the market saw $384 million worth of long and short bets set on ETH price being liquidated over the last 24 hours. However, $272 million (71%) of the liquidated positions turn out to be short bets. This suggests that traders were hoping that Ethereum price would continue to struggle, but that was not the case. ETH ETFs see $337M inflows while Bitcoin funds bleed Bitcoin and Ethereum-linked US exchange-traded funds reported decoupling again. BTC ETFs saw $23.15 million flowing out of the funds on Friday. BlackRock’s IBIT was the only ETF that leaked funds. It posted almost $200 million in withdrawals. Meanwhile, Ark and 21shares bagged more than $65 million in inflows. BTC ETFs are on a streak of 6 days printing red indices. On the other side, Ethereum ETFs recorded a huge inflow of $337.63 million on Friday. This suggests that investors have now shifted on ETH accumulation. Edul Patel, CEO of Mudrex, mentioned that ETH has now gained over 250% from April lows, outpacing Bitcoin. He added that the transactions on the Ethereum network jumped 63% in the past 30 days, while active addresses rose 26%. However, wallets holding over 10,000 ETH have risen by 200 since July. Behind the noticeable surge sits Powell’s message from Jackson Hole. Instead of doubling down on inflation worries, the Fed chair noticed that the downside risks to employment are rising. He even cautioned that labor market stress can “materialize quickly in the form of sharply higher layoffs.” These remarks fueled speculation that rate cuts could arrive as early as September. As of now, markets are now pricing in a chance of policy easing from the current 4.25%–4.5% range. For crypto traders, the implications are pretty simple. Lower borrowing costs and looser liquidity conditions could extend the risk-asset rally into year-end. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
In a joint corporate disclosure, AMTD IDEA Group (NYSE: AMTD; SGX: HKB), affiliate AMTD Digital Inc. and The Generation Essentials Group (TGE, NYSE: TGE) confirmed that cryptocurrency will be integrated
Tom Lee suggests Ethereum might surpass Bitcoin in market value. He draws parallels between Ethereum and the US leaving the gold standard in 1971. Continue Reading: Tom Lee Discusses Ethereum’s Potential to Surpass Bitcoin The post Tom Lee Discusses Ethereum’s Potential to Surpass Bitcoin appeared first on COINTURK NEWS .
BitcoinWorld Massive Binance BTC Transfer: Unveiling the $240 Million Whale Move A significant event recently captured the attention of the crypto world: a massive Binance BTC transfer . Blockchain tracking service Whale Alert reported a substantial movement of 2,074 Bitcoin from the leading exchange Binance to an unidentified wallet. This single transaction, valued at approximately $240 million, has naturally sparked considerable discussion and speculation among investors and market watchers. Such large movements often signal important shifts or strategies within the cryptocurrency landscape, prompting us to delve deeper into its potential implications. What Just Happened: The Massive Binance BTC Transfer? On [Insert Date, if known, or simply state ‘recently’], the crypto community observed a colossal Binance BTC transfer . Whale Alert, a prominent service known for monitoring large cryptocurrency transactions, flagged the movement of 2,074 BTC. This significant sum originated from Binance, one of the world’s largest cryptocurrency exchanges, and was directed to a wallet address that remains unknown to the public. The sheer scale of this transaction, translating to roughly $240 million, immediately raises questions about its purpose and the identity of the recipient. Transaction Volume: 2,074 BTC Origin: Binance Exchange Destination: Unknown Wallet Estimated Value: Approximately $240 Million USD These large-scale transfers are often referred to as ‘whale movements’ because they involve individuals or entities holding vast amounts of cryptocurrency, capable of influencing market dynamics. Why Does a Whale Alert Binance BTC Transfer Matter? Understanding why a Binance BTC transfer of this magnitude garners so much attention is crucial. Whale movements are significant indicators in the cryptocurrency market for several reasons: Market Sentiment: Large transfers can create ripples, influencing investor confidence and market sentiment. A transfer to an unknown wallet might suggest a long-term hold or preparation for a large trade. Potential Volatility: While this specific transfer went to an unknown wallet, large movements can sometimes precede significant sell-offs or buy-ins, leading to price volatility. Strategic Insight: These transactions offer a glimpse into the strategies of major holders. Are they accumulating, rebalancing portfolios, or preparing for new ventures? The opaque nature of an ‘unknown wallet’ adds an extra layer of intrigue, prompting analysts to speculate on the underlying intentions behind such a substantial move. Unveiling the Unknown: Implications of This Binance BTC Transfer When a substantial Binance BTC transfer lands in an ‘unknown wallet,’ it leaves a trail of possibilities rather than definitive answers. However, we can explore several plausible scenarios for such a destination: Cold Storage: A common practice for large holders is to move assets from an exchange to a secure offline wallet (cold storage) for enhanced security, indicating a long-term holding strategy rather than immediate trading. Over-the-Counter (OTC) Desk: The BTC might be destined for an OTC desk, where large trades are executed privately to avoid impacting exchange order books. This often involves institutional investors or high-net-worth individuals. Institutional Investor: A new institutional player might be entering the market, acquiring a significant Bitcoin position for their portfolio. Exchange Rebalancing: Sometimes, exchanges themselves move funds between their own hot and cold wallets for security or operational purposes, though this is less common for ‘unknown’ public addresses. Without direct confirmation, pinpointing the exact reason remains challenging, but these are the most common interpretations within the crypto community. What Are the Potential Market Impacts of This Massive Binance BTC Transfer? While a single Binance BTC transfer doesn’t dictate the entire market, its size warrants consideration for potential impacts. Investors often react to such whale movements, leading to: Increased Scrutiny: The market will likely watch Bitcoin’s price action more closely for any follow-up moves from this address or related entities. Shifting Sentiment: If the market perceives this as a long-term hold, it could be seen as a bullish signal, indicating confidence in Bitcoin’s future value. Conversely, if it’s feared to be preparation for a large sale, it might induce caution. Liquidity Considerations: While the funds are off the exchange, they are temporarily out of the active trading supply, which could theoretically affect liquidity, although Bitcoin’s overall market depth is vast. For individuals, staying informed about such transfers and understanding their potential implications can help in making more informed decisions. This substantial Binance BTC transfer underscores the dynamic and often mysterious nature of the cryptocurrency market. While the immediate impact on Bitcoin’s price might not be drastic, the move highlights the ongoing activity of large holders and the importance of monitoring blockchain data. It serves as a reminder that behind the charts and price fluctuations, significant players are continually making strategic decisions that shape the future of digital assets. Keep an eye on further developments, as the story of this $240 million transfer continues to unfold. Frequently Asked Questions (FAQs) Q1: What is Whale Alert? A1: Whale Alert is a popular blockchain tracking service that monitors and reports large cryptocurrency transactions across various networks, providing transparency into significant movements by ‘whales.’ Q2: Why is a Binance BTC transfer to an unknown wallet significant? A2: A large Binance BTC transfer to an unknown wallet is significant because it suggests a major strategic move by a large holder, potentially signaling a shift in investment strategy, cold storage, or an OTC deal, which can influence market sentiment. Q3: Does this transfer mean Bitcoin’s price will go up or down? A3: Not necessarily. While large transfers can influence sentiment, a single Binance BTC transfer doesn’t guarantee a specific price movement. It depends on the market’s interpretation of the whale’s intentions and subsequent actions. Q4: How can I track such large transactions myself? A4: You can follow services like Whale Alert on social media or use blockchain explorers for Bitcoin (like Blockchain.com or Blockchair) to track transactions by known addresses, though identifying the owner of an ‘unknown wallet’ is generally impossible. Q5: Is it safe to keep my BTC on an exchange like Binance? A5: While exchanges like Binance implement robust security measures, transferring large amounts of BTC to a personal cold storage wallet is generally considered safer for long-term holding to mitigate exchange-specific risks. Did this intriguing Binance BTC transfer spark your interest? Share this article with your friends and fellow crypto enthusiasts on social media to keep the conversation going! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin price action. This post Massive Binance BTC Transfer: Unveiling the $240 Million Whale Move first appeared on BitcoinWorld and is written by Editorial Team
Following a dovish signal from the Federal Reserve at the Jackson Hole symposium, digital asset markets advanced as risk appetite increased. Asset managers now project upside for Bitcoin, Ethereum and
The journey of XRP toward mainstream recognition is no longer theoretical, as businesses across different industries begin testing and adopting it in their financial operations . Because of this, the asset may play a much bigger role in global digital money in the years ahead. Institutional Catalysts For XRP: Gemini’s Card & JPM’s Outlook This week, Gemini released a big teaser in New York City. The company put up a huge wraparound billboard showing an XRP-branded Mastercard. On the card was the date August 25, 2025, and the words “Issued by WebBank.” Gemini also posted the picture on X with the caption “Prepare your bags.” The sign and the post suggest that a major launch is coming. Many people believe this date could be significant for XRP, because it may mark the start of a new product that connects the asset directly with the global Mastercard network. Crypto commentator John Squire quickly reacted to the news . He said mass adoption “is coming fast” and added that the date “could change everything.” The idea of an XRP card is exciting because it could let people make payments using XRP or convert their assets into regular money during a purchase. Another development came from JP Morgan as the bank released a report called “Sizing up the XRP ETP Opportunity.” According to a post shared on X by SMQKE, JP Morgan’s report suggests that XRP could generate $4.3 to $8.4 billion in its first year following the launch of an exchange-traded product . The bank also pointed out that the digital asset is very cheap to use, with each transaction costing only about $0.0004, which is far less than Ethereum or Bitcoin. Global Payments Expansion: Europe & Japan Ripple’s progress in Europe and the U.K. is also getting attention as the company’s system now fits with upgrades in the region’s payment networks. The SEPA Instant Credit Transfer scheme completes euro payments in under ten seconds, and its adoption is growing. In the U.K., the Faster Payments Service (FPS) is already moving trillions of pounds each year, and the Bank of England is modernizing its Real-Time Gross Settlement (RTGS) system to connect with new global standards. The fintech company is collaborating with partners like OpenPayd to integrate these systems with Ripple’s On-Demand Liquidity (ODL) solution , which means XRP could be utilized as a bridge to facilitate swift cross-border transactions. In Asia, Ripple is preparing to launch its Ripple USD (RLUSD) stablecoin in Japan during the first quarter of 2026. The rollout will happen through SBI VC Trade, which is part of SBI Holdings, a well-known Japanese financial company. RLUSD is backed by U.S. dollar deposits, Treasury securities, and other cash assets, with monthly audits to show transparency. As of August, RLUSD already had a market cap of $666 million, making it the eighth-largest stablecoin in the world . Ripple’s entry into Japan comes as the country gets ready to approve its first official stablecoins, making this move very timely. The launch follows the company’s approval in Dubai earlier this year and adds another region where RLUSD can operate.
Bitcoin (BTC/USD) is back in the spotlight, trading above $116,000 as multiple global catalysts shape its future. US Federal Reserve Chair Jerome Powell’s rate cut hint has brought optimism, the Philippines is proposing a $1.1 billion Bitcoin reserve and Taiwan’s $72 million crypto crackdown has boosted regulatory trust. Together, these developments highlight the maturing role of Bitcoin in global finance—both as a hedge and a growth asset. With technical charts also pointing to a potential breakout, traders now eye the path toward $130,000 with renewed confidence. Taiwan’s $72M Crypto Laundering Case Boosts Market Trust Taiwanese prosecutors have charged 14 individuals in what they call the country’s largest crypto money laundering case, worth around $72 million. Led by Shi Qiren, the group used unregistered exchanges “CoinW” and “CoinThink Technology” to scam over 1,500 people. They deposited funds into machines, converted to foreign currency, bought USDT and then moved the money out. Taiwan prosecutors are investigating the largest-ever money laundering case involving a brick-and-mortar virtual currency exchange. Fourteen individuals, using the CoinW exchange, assisted a fraud ring in converting cash into virtual currency. Over the course of a year, they… — Wu Blockchain (@WuBlockchain) August 22, 2025 Authorities seized millions in cash, luxury cars, and Bitcoin holdings. Prosecutors are pushing for a $39 million asset seizure, while CoinW denied involvement. While the case exposed risks in loosely regulated markets, investors view the crackdown as a step toward stronger regulatory trust—likely supportive for Bitcoin in the long run. Powell’s Jackson Hole Signal Fuels Crypto Rally Federal Reserve Chair Jerome Powell reignited optimism during his Jackson Hole speech, hinting at an upcoming rate cut. He noted that shifting conditions may “call for adjusting policy,” leading markets to assign a 90% probability of a September reduction. A dovish speech by Powell, signaling interest rate cuts, has energized the crypto market. $BTC and $ETH saw an increase, with #Ethereum 's stronger performance relative to #Bitcoin drawing particular attention. pic.twitter.com/SJlN4LkgNm — Crypto Data Space (@cryptodataspace) August 22, 2025 Bitcoin surged from $112,000 to above $114,700 within minutes, with Ethereum jumping 7% to $4,600. Altcoins including Solana, Dogecoin, and XRP all posted 6%+ gains. Investors had sold heavily earlier in the week but Powell’s dovish comments turned sentiment around. Rate cuts have historically driven liquidity driven rallies across crypto and traders expect this to be no different. Philippines Eyes 10,000 BTC National Reserve Another major development came from Manila. Lawmakers in the Philippines have introduced a bill to create a 10,000 BTC strategic reserve worth $1.1 billion at current prices. The plan would see the Bangko Sentral ng Pilipinas purchase 2,000 BTC annually for five years, holding the coins in trust for 20 years. BREAKING: Philippine Congressman proposes a bill to create a national #Bitcoin reserve of 10,000 $BTC , aiming to bolster economic stability and hedge against debt. pic.twitter.com/wbxtnB43cn — Bitcoin.com News (@BTCTN) August 22, 2025 Representative Migz Villafuerte framed Bitcoin as “digital gold,” arguing it would strengthen financial security. If approved, the Philippines’ holdings would rival Bhutan’s 10,565 BTC and exceed El Salvador’s 6,276 BTC, a move seen as a strong bullish signal by traders betting on institutional adoption. Bitcoin Price Prediction – Technical Outlook The short-term Bitcoin price prediction seems neutral as BTC’s chart below is shaping into a battleground between buyers and sellers. After sliding into a descending channel in mid-August, BTC has bounced sharply from $112,000 support, reclaiming the 50-period EMA at $115,578. Price briefly tested $117,000, marking an attempt to break the channel’s upper boundary. Bitcoin Price Chart – Source: Tradingview A completed harmonic pattern between $124,450 and $105,150 underscores the recent swings. Candlestick action near support produced a bullish hammer, followed by green candles that could evolve into a three white soldiers formation if momentum sustains. RSI has recovered to 55, while MACD shows a bullish crossover with a widening histogram—both reinforcing a constructive outlook. If Bitcoin clears $117,000 and sustains above $119,000, upside targets emerge at $121,800 and $124,400. A breakout would likely push to $127,500 and possibly $130,000 in the coming months. On the downside $113,500 and $112,000 are key supports. BTC Potential Trade Setup A cautious entry above $116,200 with a stop under $112,000 aligns risk and reward. If confirmed BTC could rally to $124,400 and then $130,000 as bullish momentum builds into 2025. New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation. By combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development. The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations. Momentum is building quickly. The presale has already crossed $11.3 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012775—but that figure will increase as the presale progresses. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post Bitcoin Price Prediction: Powell’s Cut Signal, Philippines’ 10K BTC Plan, Taiwan Crackdown Drive Path to $130K appeared first on Cryptonews .