The Trump administration has reaffirmed its strategic focus on Bitcoin by backing a $23 billion Bitcoin reserve plan, despite little mention in its latest digital asset report. White House Digital Assets Head Bo Hines confirmed that the program is active, stating, “We have it, it’s been established.”
SEC Unveils Landmark Crypto Reforms
At the America First Policy Institute, SEC Chairman Paul Atkins introduced sweeping crypto reforms aimed at redefining token classification and enhancing regulatory transparency. Calling it a “once in a generation” opportunity, Atkins said these reforms would accelerate institutional crypto adoption by reducing regulatory ambiguity.
The SEC reforms align with the broader Trump administration policy shift toward embracing digital assets. The crypto working group within the administration has also proposed a federal trading framework, seeking regulatory unity between the SEC and CFTC.
Whales Accumulate, but $9B BTC Sell-Off Adds Pressure
On-chain data shows a tug-of-war between bullish whale accumulation and bearish liquidation events. Analytics platform Santiment reports that whales acquired nearly 1% of the total BTC supply in just four months, with 30,000 BTC purchased over the past 48 hours alone.
Meanwhile, a Satoshi-era whale sold off 80,000 BTC (worth $9 billion) through Galaxy Digital, adding volatility to the market. Despite this, Glassnode reports that 97% of Bitcoin holders are still in profit, reinforcing long-term bullish sentiment.
Ethereum, Solana, PEPE, and WIF have also seen increased whale interest. SharpLink Gaming recently invested $780 million in ETH, reflecting continued institutional diversification into crypto assets.
Bitcoin Technical Analysis: Is $110K the Next Stop?
Bitcoin’s recent dip to $115,775 has broken below the key $116,872 support and the 50-day SMA of $117,919. The bearish RSI reading at 33 confirms downward momentum. A failed triangle pattern suggests a potential slide toward $110,000 if no immediate recovery occurs.
- Key Support Levels: $114,532, $112,726, $110,587
- Price is currently below both support and 50-SMA
- Bearish divergence observed in RSI
Bitcoin Hyper Presale Hits $6M+
Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 built on the Solana Virtual Machine, has raised over $6 million in its presale. With a price of $0.012475, the token is gaining traction ahead of the next pricing tier.
Designed to combine Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables smart contracts, dApps, meme coin creation, and seamless BTC bridging. The project is audited by Consult and aims for a Q1 2026 rollout, offering staking and utility at its core.
The fusion of meme appeal with real-world functionality positions Bitcoin Hyper as a serious contender in the Layer 2 space.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
