The SEC postponement may have limited effects on investor psychology. Solana could present a last buying opportunity after a mild pullback. Continue Reading: Solana Soars: Cryptocurrency’s Next Big Price Breakthrough The post Solana Soars: Cryptocurrency’s Next Big Price Breakthrough appeared first on COINTURK NEWS .
New York’s proposed 0.2% cryptocurrency tax aims to fund upstate school programs, specifically targeting facilitators like exchanges rather than retail users. Concerns arise over potential market liquidity and innovation impacts.
Brevan Howard, one of the world’s leading alternative investment firms, has just become the largest institutional holder of BlackRock’s iShares Bitcoin Trust (IBIT). Launched on January 11, 2024, IBIT has quickly cemented itself as the world’s most traded Bitcoin ETF, boasting an AUM of $87.7B and a stellar 1-year return of 77.7% . With a NAV of $66.51, the spot ETF tracks Bitcoin via the CME CF Bitcoin Reference Rate and dominates the market with a commanding 77.27% share of all spot BTC ETFs . According to the latest 13F filing with the SEC, Brevan Howard has increased its position from 21.9M shares in Q1 to 37.5M now – a massive 71% jump – bringing its total holdings to $2.3B. The firm is now ahead of Goldman Sachs, which reported $1.4B worth of IBIT shares at the end of Q1. This move fits neatly into the broader trend of institutional Bitcoin accumulation, where heavyweights like MicroStrategy and Tesla continue to expand their reserves. MicroStrategy alone now holds over 628K $BTC , valued at $73.9B. Read on as we break down the top factors fueling Bitcoin’s rise, and how you can maximize your upside in this rally by getting into Bitcoin Hyper ($HYPER) , a new utility-driven altcoin presale with explosive potential. The Growing Bitcoin Frenzy Bitcoin smashed a fresh all-time high on August 14 , crossing the $124K mark for the first time. With the next key psychological level of $125K within touching distance, momentum around the ‘digital gold’ has never been stronger. Adding fuel to the rally, Donald Trump recently announced cryptocurrency as an eligible investment option for 401(k) retirement plans , opening the door for retirees to diversify into Bitcoin and other digital assets. Naturally, Bitcoin, being the most trusted crypto, stands first in line to benefit. On top of that, prediction market Polymarket shows 73% odds that the Federal Reserve will cut interest rates in September . Lower rates typically drive risk-on sentiment, making blue-chip cryptos like Bitcoin even more attractive. Technicals also look firmly bullish: all major EMAs (20, 50, and 200) are trending higher, and price remains well above them. With no resistance overhead, even a healthy pullback could set the stage for another leg up toward fresh highs in the coming weeks. But if you want to maximize returns from this bullish wave, the smartest move may not be Bitcoin itself. Instead, check out Bitcoin Hyper ($HYPER) , a next-gen Layer 2 altcoin that supercharges Bitcoin with Solana-like speeds, ultra-low fees, and full Web3 functionality. That’s why many investors consider it one of the best altcoins to buy right now . What Is Bitcoin Hyper ($HYPER)? Bitcoin Hyper ($HYPER) is the world’s first Bitcoin Layer 2 solution, designed to add a fast, utility-rich lane to the otherwise sluggish Bitcoin blockchain. While Bitcoin is the undisputed granddaddy of crypto, it suffers from slow transaction speeds, high fees, and a lack of Web3 compatibility. That’s exactly what $HYPER aims to fix. Rather than simply riding on Bitcoin’s popularity, $HYPER delivers real, tangible utility, transforming Bitcoin into a Web3-ready ecosystem capable of powering DeFi, NFTs, gaming, and more. This unique value proposition makes $HYPER one of the best cryptos to buy now if you want to unlock more from Bitcoin than just capital appreciation. How Does $HYPER Work? $HYPER brings the speed and scalability of Solana to Bitcoin through its integration with the Solana Virtual Machine (SVM). This breakthrough allows developers to build dApps directly on Bitcoin and deploy smart contracts, something previously impossible on the network. The magic lies in parallel execution, where multiple transactions are processed at once, far surpassing Bitcoin’s current limit of just 7 transactions per second. At the core of $HYPER’s ecosystem is a decentralized, non-custodial canonical bridge, which connects Bitcoin’s Layer 1 with Hyper’s Layer 2: Send your Layer 1 Bitcoin to the bridge, where it is securely locked. The bridge mints an equivalent amount of wrapped Bitcoin on Layer 2. This wrapped Bitcoin can then be used across Web3: DeFi trading, lending, staking, NFTs, DAOs, and gaming. When you’re done, send the wrapped $BTC back to the bridge, and your original Layer 1 Bitcoin is unlocked. The $HYPER token acts as the fuel of the ecosystem. It’s used to pay gas fees, execute smart contracts, build and run dApps, and unlock premium DeFi protocols and advanced services. On top of that, you can stake $HYPER for dynamic rewards, currently offering an impressive 110% APY. Why Should You Buy Bitcoin Hyper Now? The Bitcoin Hyper ($HYPER) presale has already blasted through the $9M milestone. It’s now sitting at $9.9M, tantalizingly close to the $10M landmark. The best part? It’s not just retail enthusiasm driving this frenzy. The presale has seen regular whale activity, with large buys landing almost every few days. Just hours ago, for example, a whale snapped up $15K worth of $HYPER in a single transaction, proving that institutional interest in the project is only growing. Currently, you can buy $HYPER for just $0.012735 apiece, with the next price hike only hours away. So, this could be the lowest entry point you’ll ever get. It’s worth noting that according to our Bitcoin Hyper price prediction , the token could surge to $0.32 by the end of 2025 – a staggering 2,400% upside. Visit Bitcoin Hyper’s official website for more information. Wrapping Up With Bitcoin breaking into new all-time highs, institutional giants are doubling down. Brevan Howard, for instance, just became the largest holder of BlackRock’s Bitcoin ETF (IBIT), adding 15.6M shares in Q2 alone. While Bitcoin is well-positioned for more gains in the months ahead, smart investors know the biggest profits often come from riding the altcoins that move alongside it. That’s where tokens like Bitcoin Hyper ($HYPER) come in. It brings the speed and functionality of Solana to Bitcoin, unlocking a whole new layer of utility. However, kindly remember that investments in crypto are highly risky. Also, this article is not financial advice, and you must always do your own research (DYOR) before investing.
On August 16, 2023, a significant transaction occurred in the cryptocurrency sphere, as reported by COINOTAG. An established whale, previously inactive for five years, moved 3,000 BTC, valued at approximately
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
Gemini Trust Co. recently made its debut on the Nasdaq stock exchange, marking a significant milestone for the cryptocurrency industry. This listing reflects growing acceptance of crypto enterprises within traditional
The crypto market has been nothing short of electric this August. From seasoned names holding their ground to fresh projects climbing the ranks, traders are scanning the charts for the next big move. The Cardano price has held up well even as the broader market has seen its share of ups and downs. Injective has climbed on the back of solid community support and a growing list of partnerships. And now, Unilabs Finance (UNIL) is stepping into the spotlight. Its presale is attracting investors who want in early on a project with the kind of upside that can deliver sharp, attention-grabbing gains. Cardano Price: Steady Hands in a Choppy Market The Cardano Price has been a point of focus for both long-term holders and short-term traders this month. Some altcoins have seen sharp whipsaws, ADA has managed to hold steady around a key support range. Cardano’s stability comes as the network keeps upgrading its infrastructure, from smarter contracts to better scalability. Right now, the Cardano price sits around $0.92, up roughly 25% in the past six weeks. Some analysts believe that without a fresh catalyst, ADA could drift sideways before making a run at higher resistance. Even so, its ability to hold steady while the broader market swings has many investors viewing it as a bullish sign on its own. There is an important factor to note. With a market cap as large as Cardano’s, explosive multi-X moves are harder to achieve compared to smaller-cap coins. This is why some traders are balancing their ADA holdings with faster-moving opportunities like Unilabs Finance. Injective (INJ): The Breakout Run At the time of writing, Injective (INJ) is hovering around $14.9. Over the past month, it’s been on a tear, fueled by growing interest in DeFi and the steady expansion of its derivatives ecosystem. The big draw is its ability to deliver lightning-fast and low-cost cross-chain trading. Analysts note that Injective’s regular developer updates and fresh integrations could keep the rally alive. But this can only happen if the broader altcoin market holds its bullish momentum. Seasoned traders understand the game. That’s why many are playing it smart by balancing large-cap holdings with early-stage opportunities like Unilabs. It is a way to keep risk under control while still leaving the door open for big wins. Unilabs Finance (UNIL): The Early Bird Play While the Cardano Price and Injective grab headlines, Unilabs Finance (UNIL) is quietly staging its own rise in the presale space. Currently in Stage 6 of its presale, UNIL tokens are selling for $0.009, with over $13 million raised and more than 84% of this stage’s allocation already sold. Unilabs Finance is developing an AI-driven investment platform to do the heavy lifting for traders. It will scan the markets, track trends as they happen, shift portfolios automatically and spot undervalued opportunities across different sectors. The goal is simple. To put tools once limited to hedge funds and big institutions into the hands of everyday investors. Its framework is built around four dedicated funds: AI, Bitcoin, Real-World Assets (RWA), and Mining, each offering its own angle. A 30% revenue-sharing model rewards token holders which adds another layer of value to the ecosystem. With a confirmed CoinMarketCap listing expected shortly after the presale closes, early investors are positioning themselves for a potential price surge when UNIL goes live. Investors are Favoring Unilabs, Here’s Why The Cardano price may well move higher in the next market cycle but its sheer size limits the speed and magnitude of those gains. Injective has shown it can post strong rallies but it’s already a mid-cap project with substantial exposure. In contrast, Unilabs Finance is starting from a much smaller base. It means a successful launch and adoption phase could deliver the kind of multi-X returns that ADA and Injective saw in their earlier days. Analysts projecting 15x-20x upside point to the combination of AI-driven functionality, diverse fund offerings, and the speed of presale sell-through as key indicators. Conclusion The Cardano Price has held strong. Injective has delivered a burst of momentum. But it’s Unilabs Finance that offers a truly ground-floor opportunity. With early-stage growth stories like UNIL, traders have an opportunity to capture aggressive gains this August. Discover the Unilabs Finance Presale: Presale: https://www.unilabs.finance/ Buy Presale: https://buy.unilabs.finance/ Telegram: https://t.me/unilabsofficial Twitter: https://twitter.com/unilabsofficial
BlackRock’s recent ETF activity has seen an inflow of 4,428 BTC, highlighting the growing institutional interest in cryptocurrency and its impact on market volatility. BlackRock’s iShares Bitcoin Trust recorded inflows
The current Bitcoin price volatility presents both challenges and opportunities. With Bitcoin testing highs of $123.7k and lows of $116.9k, Ethereum shows signs of accumulation, potentially marking a shift in
Stellar $XLM is currently holding strong at a support level of $0.42, backed by 9.69 million active wallets and daily additions of 5,000 to 6,000 new addresses. The Total Value