Bitcoin distribution via miners takes a step back, Japan lowers Bitcoin taxes, Cameron Winklevoss believes in a 10x Bitcoin, while $BTC’s profitability hits historic highs.

These are just some of the recent developments in the crypto world and we’ll discuss all of them.

The first to touch on is Bitcoin’s profitability retesting a historical point after reaching a 92% threshold in Supply in Profit.

This matters because, every time Bitcoin pushed above 90%, a bull rune followed. And the same thing is likely to happen now, as Bitcoin stagnates between $114K and $116K.

An October bull run would push Bitcoin Hyper ($HYPER) up the charts faster than ever. The presale is already at $16M, showcasing sustained investor confidence in the project’s future as one of the best altcoins of 2025.

Will the New Bitcoin Season Start in October?

All evidence points to a rich October.

The most recent news crosses the Pacific from Japan, where the government decided to cut Bitcoin taxes by more than half.

According to Coin Bureau, Japan slashed Bitcoin taxes from 55% to 20% for 2026, which spells good news for the Asian crypto markets.

Especially in the context of Metaplanet increasing its Bitcoin treasury, currently at 20,136 $BTC, and leading by example.

Pair this with the Bitcoin miners’ shift to HODLing, which increases the asset’s scarcity, and we can see where this is going.

The Winklevoss twins, the co-founders of Gemini, believe it’s going to a 10X Bitcoin. The two said they see Bitcoin as ‘Gold 2.0’ and that it can easily reach $1M per coin in 10-years time.

This comes just as Gemini hit Nasdaq last Friday, with $28 per share, after raising over $425M during its IPO.

The conclusion is almost self-explanatory: Bitcoin will see a fiery end of the year, especially with Bitcoin Hyper ($HYPER) targeting a Q4 release.

How Bitcoin Hyper’s $16M Presale Will Contribute to Bitcoin’s Success

Bitcoin Hyper ($HYPER) is set to accelerate Bitcoin’s success by fixing one of the network’s most pressing issues: its capped performance.

Bitcoin is currently limited at 7 transactions per second (3 right now), which is responsible for several problems, like slow and expensive transactions, no scalability, and a fee-based priority system, causing small transactions to sometimes experience hours-long finality times.

Bitcoin Hyper changes that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM).

The Canonical Bridge connects Hyper to the Bitcoin ecosystem and relies on the Bitcoin Relay Program to confirm incoming transactions.

The Bridge then mints the tokens into the Hyper layer, allowing investors to use them within the Hyper ecosystem or withdraw them to the Bitcoin network whenever necessary.

Together with SVM, which delivers the ultra-fast execution of smart contracts and DeFi apps, the Canonical Bridge turns Hyper into a fast-performing ecosystem that upgrades Bitcoin to modern standards.

The presale is now at over $16M, with Hyper sitting at $0.012925.

Based on the project’s utility and scope, we expect $HYPER to experience widespread adoption shortly after launch.

Our price prediction for $HYPER is $0.025 by the end of 2025 and $0.25 by the end of 2030. This translates into a 10-year ROI of 1,834%. With the community behind it, $HYPER could very well defy these predictions and go even higher.

If you want to invest, read our guide on how to buy $HYPER and get your tokens while they’re still at presale price.

Remember, this isn’t financial advice. Do your own research (DYOR) and invest wisely.

Authored by Aaron Walker, NewsBTC: Bitcoin Weekend Takeaways & Analysis: Bitcoin Hyper Might Be 2025’s Best Altcoin

As its daily trading volume declines, Shiba Inu has once again entered perilous territory, with the token having little-to-no support for sustained price action. SHIB is still trapped in a narrowing symmetrical triangle formation at its current price of around $0.0000122, but the lack of trading activity is prompting worries that the asset may soon experience a significant breakdown. Volatility frequently precedes low volume, and in the case of SHIB, it is strongly trending downward.

Shiba Inu volumes plummet

Due to stagnating liquidity and sellers gradually gaining the upper hand, investors seem hesitant to commit. Historically, when SHIB’s volume has fallen to similar levels, the token followed with heavy price dumps as weak hands exited and marketmakers pushed the price lower.

From a technical standpoint, SHIB has not been able to recover its 100-day and 50-day EMAs, which are still showing resistance. As a further indication that the long-term trend is still bearish, the 200-day EMA at $0.000014 looms as an even stronger ceiling.

Erasing what was gained

The lower border of the triangle is now being tested more frequently because every recovery attempt has been swiftly rejected. Weeks of consolidation could be erased if this level breaks and SHIB drops toward $0.0000110-0.0000100. With no indications of bullish divergence to point to a reversal, the RSI near 44 indicates bearish momentum.

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In addition to having little liquidity, SHIB is essentially in no man’s land, where a significant sell-off could lead to a series of liquidations. For the time being, the success of the token hinges on whether or not buyers can act decisively. But SHIB is left operating on empty in the absence of a spike in volume, which is a surefire way to fail in a market that is already precarious.

Given Shiba Inu’s growing susceptibility to deviating from its triangle pattern, investors should prepare for the prospect of a solid dump in the near future. In other words, SHIB is at zero fuel, and the likelihood of a big decline is increasing daily unless new catalysts appear.

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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Last updated: 

August 7, 2025

Bitcoin is holding at $116,830 as mainstream adoption is taking off in the US. Sheetz, a popular convenience store chain with locations across multiple states, is offering 50% off all purchases between 3 pm and 7 pm when paid with cryptocurrency through Flexa.

The “Crypto Crave & Save” promotion is designed to get people spending real crypto in the real world, with payments converted to fiat instantly to protect merchants from volatility.

It’s spreading. Steak ‘n Shake just reported saving 50% on payment fees by using Bitcoin over credit cards. These are signs that US businesses are starting to view digital assets as not just investments but as functional payment tools.

Regulatory Divergence Between the U.S. and EU

Across the Atlantic, the European Banking Authority has finalized draft rules giving “unbacked” crypto assets like Bitcoin a 1,250% risk weight, meaning EU banks would need €12.5 million in capital for every €1 million in BTC holdings.

While the measure may limit crypto exposure in Europe, it also formalizes Bitcoin’s place in the financial system, a step analysts say could strengthen long-term adoption.

By contrast, U.S. policy is moving in the opposite direction. President Donald Trump announced plans to allow cryptocurrencies in 401(k) retirement plans, opening the door to a $9 trillion market. Ether rose 4% on the news, and crypto-related equities rallied, with Coinbase gaining 3%, Galaxy Digital 6%, and Bitmine Immersion 8%. Galaxy CEO Mike Novogratz called it a “milestone” for integrating digital assets into mainstream finance.

Bitcoin (BTC/USD) Technicals Signal Bullish Continuation

From a charting perspective, Bitcoin remains in a bullish flag pattern that has been consolidating since late July’s high of $123,255. The pattern’s lower bound aligns with an upward trendline from April and the 50-day SMA at $113,154 — a key support confluence that has drawn consistent buying interest.

Momentum is turning positive, with the daily RSI at 54 after bouncing from earlier oversold conditions. Defending the 0.382 Fibonacci retracement at $113,682 has reinforced the case for an upside move. A breakout above $117,350 could open a path back to $123,255, with further targets at $126,981 and $131,574.

If $113,150 fails, however, short-term sentiment may turn cautious, exposing $110,725 and $107,768. Traders eyeing an entry may look for a high-volume move through $117,350 to confirm the breakout.

Bitcoin Price Outlook into Q4

The combination of rising retail adoption, favorable U.S. policy shifts, and a supportive technical structure gives Bitcoin a bullish bias heading into the fourth quarter.

If the bullish flag resolves upward, it could mark the start of a new leg higher, potentially paving the way toward the $250K–$500K price projections some analysts are targeting for 2025.

With institutional and retail demand converging, BTC’s current consolidation may be less a pause than a launchpad.

New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed

Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), built to supercharge the Bitcoin ecosystem with fast, low-cost smart contracts, dApps, and meme coin creation.

By merging Bitcoin’s security with Solana’s performance, it unlocks powerful new use cases – all with seamless BTC bridging.

The project is audited by Consult and built for scalability, simplicity, and trust.

Investor interest is surging, with the presale already surpassing $7.4 million and only a small allocation remaining.

HYPER tokens are currently available at just $0.012765, but that price is set to rise in the next 3 days.

You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.

Click Here to Participate in the Presale[/cta

Chainlink (LINK) is up 21% from its Sunday lows, gaining momentum in an otherwise uncertain macro and geopolitical environment. While global tensions continue to spark volatility across markets, Chainlink has stood out for its resilience, supported by a series of strong partnerships and growing on-chain fundamentals. The recent price action signals a potential shift in trend, but analysts warn that a confirmed breakout is still needed before bulls can fully take over.

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Top analyst Henry Lord of Alts highlighted that LINK has endured months of persistent downtrend and unusually quiet price behavior. However, recent moves suggest that something is changing beneath the surface. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase.

Despite this strength, Chainlink remains technically locked within a consolidation range. A clean breakout above key resistance levels will be critical to trigger the next phase of upward momentum. Until then, traders are cautiously optimistic as LINK teases a larger move.

Chainlink Prepares For A Decisive Move

Chainlink is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move.

Maintaining prices above current levels is crucial. A breakdown here could open the door for deeper corrections. However, analyst Henry believes the tides may be turning. According to Henry, Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His analysis highlights that the long-standing downtrend has been broken, and LINK has entered a clear accumulation and consolidation phase.

“These zones often come before the loudest moves,” Henry notes. Historically, such phases have preceded explosive rallies, and this time may be no different. If momentum picks up, a breakout toward the $25–$30 range wouldn’t be surprising.

Henry also points out that periods of inactivity often mask the actions of smart money—buying quietly before the broader market catches on. While it’s easy to overlook assets during calm phases, that’s often when the groundwork for major moves is laid. For now, Chainlink remains on watch.

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LINK Price Analysis: Signs of Reversal Emerge

Chainlink is showing early signs of a trend reversal after months of consistent decline. As seen in the 12-hour chart, LINK recently rebounded from the $11.50 level and is now trading above $13.20. This recovery follows a steep drop that marked a new local low, but the bounce has pushed the price above the 50-day simple moving average (SMA), now acting as short-term support at $13.50.

Importantly, LINK is now testing the 100-day SMA (around $14.65), which previously served as resistance in late May and early June. If bulls manage to break and consolidate above this level, the next target lies near the 200-day SMA at $14.16—a confluence zone that may act as a critical decision point for trend continuation or rejection.

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While the macro structure remains bearish, this short-term accumulation range suggests growing demand, especially as the price begins to form higher lows. A clear break above $14.65 with volume could confirm the breakout and signal the start of a larger move toward the $17–$18 range.

Featured image from Dall-E, chart from TradingView