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Alejandro Arrieche

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September 12, 2025

Bitcoin Cash (BCH) is gaining fresh momentum as Grayscale moves forward with its updated ETF application – fueling a wave of speculation and strengthening a bullish Bitcoin Cash price prediction.

The firm’s revised filing brings a potential BCH-backed ETF in the U.S. one step closer to reality, with the countdown now on for regulatory approval.

If launched, the ETF could significantly boost demand by opening the door to institutional capital.

The SEC could take up to 180 days to respond to this updated filing for Bitcoin Cash and another 60 days in case they see the need to make amendments.

Bitcoin Cash Price Prediction: BCH Could Climb to $1,000 If It Breaks This Key Resistance

Bitcoin Cash (BCH) is closing in on a major milestone, with a potential flip of Avalanche (AVAX) and Stellar (XLM) on the horizon.

If these rivals fail to catch up with the market’s latest bullish surge, BCH could climb into the 15th spot on crypto’s market cap. rankings.

echnically, BCH has been riding a clean ascending price channel since April, pointing to a sustained uptrend.

The token is now approaching a key resistance level near $630 – a zone it’s tested twice before.

A third breakout attempt could be the one that sticks.

If bulls push past $750, especially on high volume, it would confirm a breakout and set the stage for a powerful rally toward $1,000 in the near term.

And with altcoin season accelerating, many investors are looking beyond large caps for higher upside.

That’s why early movers are now shifting focus to top crypto presales – projects with breakout potential that could outpace even BCH as momentum floods back into the market.

That’s where Bitcoin Hyper comes in.

Bitcoin Hyper (HYPER) Presale Explodes Past $15M – Next Crypto to 10X?

Bitcoin Hyper (HYPER) has just smashed past $15.3 million raised, making it one of the fastest-moving presales of the year.

Why all the hype?

Because this is the first real way to use your Bitcoin for staking, lending, and earning yield – without leaving the Bitcoin network.

Here’s how it works:

The Hyper Bridge moves your BTC into a secure wallet, then mirrors it onto Hyper Layer 2, built for speed and low fees.

This unlocks real utility for Bitcoin, powered by Solana’s blazing-fast tech – letting you do more with your BTC than ever before.

It’s the best of both worlds: Bitcoin’s strength + Solana’s scalability.

And as more wallets and exchanges integrate with Hyper, buying pressure on $HYPER is expected to surge.

Billions in liquidity could flow into this ecosystem – and those who get in early stand to benefit the most.

To get involved, visit the official Bitcoin Hyper website and connect your wallet (e.g., Best Wallet).

You can use crypto or a bank card to complete your purchase in seconds.

Visit the Official Website Here

The Solana Policy Institute (SPI) has pledged $500,000 to the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, according to an Aug. 28 statement.

Storm and Pertsev helped create Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized. After deployment, the developers relinquished control of the smart contracts, leaving the system to run without centralized oversight.

Developers held liable

Courts in the Netherlands and the US have held the developers liable for malicious actors’ use of the platform for their illicit activities.

Pertsev was convicted of money laundering in 2024, while Storm was found guilty earlier this month of conspiring to operate an unlicensed money-transmitting business.

These convictions have elicited strong responses from the crypto community, which argues that the Tornado Cash developers’ conviction misinterprets how blockchain protocols function.

Industry experts argue that developers cannot monitor or restrict usage of their protocols once the open-source code is published and immutable.

Notably, the SPI echoed this view, warning that holding coders responsible for third-party activity establishes a precedent that threatens innovation across the entire software industry.

Kristin Smith, the President of the Solana Policy Institute, said:

“Privacy is normal. Code is speech. And at Solana Institute, we’ll continue to defend the rights of software developers everywhere.”

Solana welcomes ‘Tornado Cash-like’ protocol

The SPI donation comes as Solana welcomes the launch of a Tornado Cash–style platform on its network.

On Aug. 27, Privacy Cash went live on the network, offering users a way to transfer digital assets into new wallets without linking prior addresses or transaction histories.

Mert Mumtaz, CEO of Helius Labs, said the tool’s design mirrors Tornado Cash’s but benefits from Solana’s performance and integrated block explorers.

According to him, combining the protocol with Solana’s infrastructure—and even bridging to privacy-focused assets like Zcash—gives users a pathway to near-total anonymity.

Mentioned in this article

Key takeaways:

• Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23.

• Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient.

Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have been offloading coins at the fastest pace in nine months. The question is whether this signals the start of deeper trouble or if other factors are driving the recent outflows.

Miner wallets tracked by Glassnode show steady reductions between Aug. 11 and Aug. 23, with little sign of renewed accumulation since then. The last stretch of consistent withdrawals exceeding 500 BTC per day was back on Dec. 28, 2024, after Bitcoin repeatedly failed to hold above $97,000.

In the latest sell-off, miners unloaded 4,207 BTC, worth roughly $485 million, during the 12-day period ending Aug. 23. That compares with a previous accumulation phase between April and July, when miners added 6,675 BTC to their reserves. Miner balances now stand at 63,736 BTC, valued at more than $7.1 billion.

While these flows are relatively small compared with allocations from companies like MicroStrategy (MSTR) and Metaplanet (MTPLF), they tend to fuel market speculation and FUD. If miners are facing tighter cash flow, selling pressures could escalate unless profitability improves.

Over the past nine months, Bitcoin has gained 18%, but miner profitability has dropped by 10%, according to HashRateIndex data. Rising mining difficulty and weaker demand for onchain transactions have weighed on margins. The Bitcoin network continues to self-adjust to support an average block interval of 10 minutes, but profitability remains a concern.

The Bitcoin hashprice index currently stands at 54 PH/second, down from 59 PH/second a month ago. Even so, miners hardly have grounds to complain: the indicator has improved dramatically from levels seen back in March. According to NiceHash data, even Bitmain’s S19 XP rigs from late 2022 remain profitable at $0.09 per kWh.

Bitcoin miners face AI competition but remain resilient

Some investor disappointment stems from a growing shift toward artificial intelligence infrastructure. This narrative gained traction after TeraWulf (WULF) struck a $3.2 billion deal with Google in exchange for a 14% equity stake. The funds will be used to expand TeraWulf’s AI data center campus in New York, slated to launch operations in the second half of 2026.

Related: Bitcoin to hit $1.3M by 2035 as institutions drive demand–Bitwise

Other miners are following a similar pivot. Australian firm Iren, formerly known as Iris Energy, has accelerated the acquisition of Nvidia GPUs and is building a liquid-cooled AI data center in Texas, along with a new site in British Columbia that will hold as many as 20,000 GPUs. Meanwhile, Hive, previously Hive Blockchain, has committed $30 million to expand GPU-powered operations in Quebec.

Despite the buzz around AI, Bitcoin’s own fundamentals remain solid. Network hashrate is nearing an all-time high at 960 million TH/second, up 7% in the past three months. That strength counters fears about miners’ net outflows or the lack of profitability gains across the sector.

There’s no evidence that miners are under immediate stress to liquidate positions, and even if selling continues, inflows into corporate reserves are more than capable of countering the effect.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

]]> https://earlybirdsinvest.com/bitcoin-miners-cash-out-485m-as-btc-struggles-to-hold-112k-red-flag/feed/ 0 55630 https://earlybirdsinvest.com/long-term-bitcoin-investors-cash-in-260-7-billion-in-current-cycle-profits/ https://earlybirdsinvest.com/long-term-bitcoin-investors-cash-in-260-7-billion-in-current-cycle-profits/#respond Wed, 27 Aug 2025 10:24:36 +0000 https://earlybirdsinvest.com/long-term-bitcoin-investors-cash-in-260-7-billion-in-current-cycle-profits/

Bitcoin investors with long-term positions are realizing profits at levels not seen in nearly a decade, according to blockchain analytics firm Glassnode.

Data from the firm shows that long-term holders have realized roughly 2.37 million BTC in profit during the ongoing 2024–2025 cycle. At current prices, that equates to about $260.7 billion.

This is the highest realized profit since the 2016–2017 bull run, when long-term investors booked gains of approximately 3.93 million BTC.

Glassnode noted that the sharp increase in realized gains illustrates growing sell-side pressure. The firm suggested that investors appear to capitalize on Bitcoin’s recent rally by reducing their exposure to the top crypto after months of sustained upward momentum.

Over the past year, Bitcoin has steadily climbed to new highs, peaking at $124,167 on Aug. 14, according to CryptoSlate’s data. The asset was trading at $110,761 at press time, down nearly 11% from that record.

This pullback suggests that profit-taking has become widespread, consistent with prior cycles, in which strong rallies were often followed by quieter, less aggressive phases of market activity.

ALL4 Mining has launched an innovative mobile application that provides a new way for cryptocurrency holders to increase their value. Through this application, users can convert their digital assets such as XRP, BTC and DOGE into daily passive income, thereby obtaining a more stable cash flow in the cryptocurrency market. In this rapidly developing digital age, how to effectively use the crypto assets in hand has become the focus of investors, and ALL4 Mining’s mobile application undoubtedly provides an answer worth trying.

Key Highlights of the Mobile App Launch

Seamless Mobile Mining: The new mobile app provides a user-friendly interface to easily monitor mining contracts, track daily earnings, and manage investments.

Enhanced Security: Built with top-tier security measures from McAfee® and Cloudflare®, the app ensures your digital assets are protected wherever you are.

Instant Rewards: New users who sign up through the app receive an instant $15 sign-up bonus and can earn $0.6 per day just for logging in.

Diverse Contract Options: From one-day contracts starting at $15 to long-term investments, users can choose from a variety of mining plans to suit different budgets and goals.

24/7 Reliability: With 100% uptime and 24/7 technical support, the mobile app guarantees you uninterrupted access to mining operations.

“The cryptocurrency market is expected to grow rapidly – ​​experts predict that by 2026, Bitcoin will reach $150,000, Litecoin will reach $500, Dogecoin will break the $1 mark, and XRP will soar to $10 – so the launch of our mobile app is timely,” said an ALL4 Mining spokesperson. “We are committed to making cloud mining convenient and secure, and our mobile solution will be a game-changer for users who seek flexibility and efficiency.”

Simple Steps to Start Cloud Mining with ALL4 Mining

Step 1: Choose ALL4 Mining as your provider: ALL4 Mining’s mining method is simple and straightforward, and users only need a minimum deposit to start mining. The platform ensures that everyone can participate by providing daily returns from mining contracts and flexible withdrawal methods.

Step 2: Register an account: Visit the ALL4 Mining official website all4mining.com, create an account using your email address, log in to access the dashboard and start mining immediately.

Step 3: Purchase a mining contract: ALL4 Mining offers a variety of contract options to suit different budgets and goals. Users can choose from the following options:

Click to view more contract benefits

After purchasing the contract, the profit will be automatically credited to your account the next day. When the account balance reaches $100, you can choose to withdraw to your digital currency wallet, or continue to purchase contracts to get more profits.

About ALL4 Mining

ALL4 Mining is a fast-growing digital asset mining service provider and a global leader in cloud mining services. The company was founded in 2019 and is headquartered in London, UK. After years of development, the company currently has more than 200 mining farms around the world, members in more than 200 countries and regions, and enjoys the trust of more than 9 million users worldwide. We believe that everyone should benefit from cloud mining and become a leader in the cloud mining industry.

ALL4 Mining is committed to building a safe, compliant, transparent, clean, green, low-carbon, and environmentally friendly infrastructure power grid, providing a variety of stable and intelligent data processing service solutions for global customers. With a growing global mining network, ALL4 Mining provides institutional clients and digital asset enthusiasts with a more efficient mining experience.

Join the cloud mining revolution by visiting the official website https://all4mining.com/ or downloading the ALL4 Mining mobile app today. With this new mobile app, managing your cryptocurrency investments will become easier and safer than ever before.

Contact:

Email: [email protected]

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ethereum Foundation (EF) has pledged to donate up to $500,000 to Tornado Cash’s co-founder, Roman Storm, to support his ongoing legal defense. This follows the recent trial verdict that found Storm guilty of one of three charges.

Ethereum Foundation Supports Tornado Cash’s Co-Founder

On Thursday, the Free Pertsev and Storm fundraiser revealed that the Ethereum Foundation will match donations up to $500,000 to support the Tornado Cash co-founder’s legal defense following this week’s verdict.

In an X post, the fundraiser’s team explained that they “will need these funds and more to continue the fight for Roman at the trial court and on appeal. The outcome of these proceedings will set major precedent for developers worldwide.”

As reported by Bitcoinist, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022 for failing to impose effective controls to prevent malicious actors from laundering funds through the protocol, including $455 million by the North Korea-linked hacking group, Lazarus Group.

Storm was detained and indicted following the Tornado Cash sanctions and charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money-transmitting business.

On August 6, the verdict of the long-awaited trial, which started on July 14 after being delayed twice, was announced. Notably, the jury was unable to come to a unanimous decision regarding two of the three charges: conspiracy to commit money laundering and conspiracy to commit sanctions violations.

Nonetheless, the jury found the Tornado Cash co-founder guilty of the remaining charge: conspiracy to operate an unlicensed money transmitting business, which could lead to a 5-year conviction for the crypto mixer’s co-founder.

After the verdict, he told journalist Elenor Terret that the verdict was “a big win. The ‘1960’ charge is bullshit and we’re going to fight it all the way. You know how President Trump said ‘fight, fight, fight’? We’ll do that too.”

As the Free Pertsev and Storm team detailed, “Roman risks up to 5 years of jail time if he doesn’t win the appeal, and potentially decades if the government decides to retry Counts 1 & 3.”

What’s Next For Storm’s Defense?

Unchained host and journalist Laura Shin interviewed former prosecutor Sam Enzer to discuss the mixed verdict and what’s next for the Tornado Cash co-founder. Enzer noted that before getting to appeal, “Roman gets to move for a new trial or a judgment of a quibble.” After that, “there will be a briefing on that. The court, Judge Failla will rule.”

As the former prosecutors explained, if the Judge rules that the conviction was proper on the conspiracy to operate an unlicensed money transmitting business count, they could proceed to sentencing. Additionally, the government could retry Storm on the two counts for which the jury was hung.

So, it is possible that they could be retried, or the judge could say, I think the conviction was inappropriate, and could say that on the counts that the jury hung on, those should have been acquitted.

Enzer asserted that if either of these “extreme” outcomes happens, the case could go on appeal after making its way through the district court, adding that “who appeals will depend on what the outcome is. If the government’s upset with the outcome, it’ll be them appealing. If Roman’s upset with the outcome, he’ll be appealing.”

Ethereum (ETH) is trading at $3,953 on the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

A US-based non-profit is launching a new guaranteed income pilot program that will give thousands of dollars to people to use as they wish.

The Georgia Resilience & Opportunity (GRO) Fund says the Freedom Futures guaranteed income pilot program will provide a no-strings-attached monthly income of $500 for 48 months, or $24,000 for the entire period, to selected participants in the state.

Applicants for the program must be 18 to 25 years of age and must either be enrolled in high school or in a tertiary institution of learning partnering with the nonprofit. The applicant’s household income must be at or below double the federal poverty level.

Participants in the guaranteed income pilot program will also be eligible to receive investment capital on top of the $500 monthly income.

“Freedom Futures provides an investable sum of over $20,000, which can be used towards the following wealth-building purposes: homeownership, entrepreneurship, higher education, or investing in a retirement account.”

To receive the investment capital, participants will have to undertake financial education to enable them to make informed decisions. The investable sum will be handed out starting in the third year of the Freedom Futures guaranteed income pilot program.

Applications must be submitted by the end of the day on August 27th. Applicants will be required to provide various documents, including proof of identity and income. Successful applicants will be notified within weeks of the application deadline passing.

“If you are selected, you can expect to receive your first income supplement payment in September 2025.”

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Author

Simon Chandler

Author

Simon Chandler

About Author

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,…

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Last updated: 

July 31, 2025

Bitcoin Cash has climbed 4% in the past 24 hours to reach $585, as the broader crypto market stages a rebound, adding strength to a bullish Bitcoin Cash price prediction.

After briefly breaking above $600 on Sunday, its highest level since December, BCH has gained 17% in the past week, 12% over the last month, and 37% year-over-year.

Unlike many top-100 tokens, Bitcoin Cash hasn’t seen a new all-time high since 2017, when it peaked at $3,785 — giving it significant ground to recover in this cycle.

With momentum building and sentiment shifting, a run toward $1,000 by year-end is now back on the table.

Bitcoin Cash Price Prediction: BCH Hits $600 for First Time in 2025 – $1,000 is the Next Target

If we look at Bitcoin Cash’s chart today, we see that its indicators are continuing to operate within a bullish but not overbought range.

For instance, its relative strength index (yellow) has oscillated between 50 and 70 since early April, and in the past week it has crept towards 70 again, indicating increased buying pressure.

It’s a similar story with regards to the coin’s MACD (orange, blue), which has been able the baseline since April, but which has risen again in the past few days.

And if we scan back to late November and early December, when it was much higher, we see that the Bitcoin Cash price has more space to rise in the near term.

Its trading volumes have also risen to levels not seen since the end of December, at around $500 million today.

Accordingly, we have also seen a few big transfers in recent days and weeks, although it’s not always clear whether these represent OTC buys or single whales moving their own funds around.

At the same time, recent volumes are still nowhere near where they were several years ago, suggesting that the wider market is still not particularly interested in Bitcoin Cash.

For example, volumes touched $11.5 billion in May 2021, when the Bitcoin Cash price reached a then-three-year high of $1,500.

Even at its peak this year, volumes for BCH have reached only $1 billion, while in late 2024, they reached only $2 billion.

Despite this, some analysts are optimistic that it will surge again in the coming weeks, with some predicting new all-time highs.

Assuming a bullish market, the Bitcoin Cash price could therefore reach $1,000 by Q4, and potentially end the year at around $1,500.

L2 Bitcoin Hyper Passes $6 Million in Popular Presale: Is This the Next Big Altcoin?

Given Bitcoin Cash’s slow progress in recent years, some traders may prefer to invest in alternatives, including newer coins that could exhibit more positive volatility.

If so, they may want to consider certain presale coins, which can often rally strongly when they list for the first time, particularly if they’ve had a big sale.

For example, Bitcoin Hyper (HYPER) is a new layer-two project that has raised just over $6 million in its ICO, indicating growing interest.

This figure bodes well for Bitcoin Hyper’s future, and the main reason why investors are excited by the project is that it’s in the process of launching a layer-two network for Bitcoin (BTC).

Making use of Solana’s Virtual Machine and zero-knowledge proofs, it will provide Bitcoin holders with greater speed and scalability, while also cutting down on transaction fees.

Bitcoin holders can instantly bridge to Bitcoin Hyper by depositing their BTC, which provides them with an equivalent amount of Bitcoin Hyper-based BTC.

Therefore, they will be able to use the value of their BTC with a growing range of DeFi apps and DEXes, which could increase their profitability considerably.

And as the native token for this L2, HYPER could witness strong demand, with the coin having a max supply of 21 billion.

Holders will be able to stake it for a passive income, while they can join its presale by going to the Bitcoin Hyper website.

HYPER is currently selling at $0.012475, but this price will continue to rise regularly for the duration of the sale.