Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says.
It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times.
“Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday.
“From a statistical and probability standpoint, it is equivalent to flipping a coin and getting tails three times in a row, then betting all your money that the fourth flip MUST BE tails,” PlanC said, explaining that relying on the three previous halving cycles doesn’t provide enough statistically significant data.
No “fundamental reason” for Bitcoin to peak in Q4
The analyst also argued that the halving cycle is no longer relevant to Bitcoin, following recent debate in the industry over its relevance, especially with the rise of Bitcoin treasury companies and significant inflows into the US-based spot Bitcoin ETFs.
“There is zero fundamental reason — other than a psychological, self-fulfilling prophecy — for the peak to occur in Q4 2025,” he explained. Q4 has historically been the best-performing quarter on average for Bitcoin since 2013, with an average return of 85.42%, according to CoinGlass.
Bitcoin is up 96.15% over the past 12 months. Source: CoinMarketCap
Traders have been divided in recent times over whether Bitcoin will peak at the end of the year.
Industry debates whether bull market will last in 2026
On Aug. 17, Canary Capital CEO Steven McClurg said there is a “greater than 50% chance Bitcoin goes to the 140 to 150 range this year before we see another bear market next year.”
Others expect the bull market to continue into 2026. Bitwise chief investment officer Matt Hougan said in July, “I bet 2026 is an up year.”
Meanwhile, several analysts have predicted Bitcoin could reach $250,000 before the year ends. In April 2025, BitMEX co-founder Arthur Hayes projected that level, and just a month later, in May, Unchained Market Research Director Joe Burnett made the same prediction.
Stablecoin flows and options data indicate only moderate fear, supporting ETH’s potential to regain bullish momentum.
Ether (ETH) fell 5.2% on Friday after investors digested weaker-than-expected US job market data. The decline came alongside a reversal in equities, sparking $90 million in liquidations of leveraged bullish ETH positions. The correction raises the question of whether Ether is destined to retest the $4,000 mark, or is the move simply a reflection of broader macroeconomic uncertainty?
ETH’s monthly futures premium versus spot markets dropped to its lowest point in two months, slipping below the neutral 5% threshold. This level signals little interest in leveraged bullish positioning but is more likely tied to four consecutive days of net outflows from US-listed Ethereum ETFs, totaling $505 million. In other words, traders’ sentiment may be more backward-looking than a true bearish forecast.
Still, it would be premature to argue that ETH is set to collapse below $4,300 solely based on weakness in derivatives. Ethereum’s onchain activity continues to show resilience. Since ETH’s primary role is paying for data processing on the Ethereum network, rising activity typically translates into healthier price dynamics.
Top blockchains ranked by 30-day fees. Source: Nansen
Transaction counts on the Ethereum network surged 32% over the past month. By comparison, Solana saw a steep decline, while BNB Chain managed only a 5% increase. Even more notable, Ethereum’s active addresses rose 7% in the same period, while Solana’s user base shrank 20% and BNB Chain suffered a sharp 42% contraction.
Ethereum’s total value locked (TVL) climbed to $97.4 billion, a 12% rise in 30 days. Standout gains came from Pendle, up 37%, Morpho with a 36% increase, and Ethena advancing 32%. Ethereum’s dominance remains unshaken at 60% of all TVL, or 67% when including the layer-2 ecosystem. The Base network alone now processes only 25% fewer transactions than BNB Chain.
ETH options skew signals caution as traders resist turning bullish
To evaluate whether the lack of bullish sentiment in ETH derivatives is limited to futures, it is useful to analyze the options skew. A heavy premium on put (sell) options typically signals downside fear, pushing the skew above the neutral 6% threshold.
Currently at 4%, ETH’s options delta skew shows no sign of elevated fear, consistent with the past week. Interestingly, demand for call (buy) options did not rise even when ETH reached its all-time high on Aug. 24. This suggests professional traders remain cautious, reluctant to flip bullish despite a 48% rally over three weeks.
Stablecoin activity in China also offers insight into whether risk aversion extends beyond Ether. Strong inflows into crypto usually drive stablecoins to trade at a 2% premium over the official US dollar rate. Conversely, a discount above 0.5% often points to fear, as traders exit crypto markets.
Tether (USDT/CNY) vs. US dollar/CNY. Source: OKX
Tether’s USDt (USDT) currently trades at a 0.5% discount in China relative to the official USD/CNY rate, signaling moderate selling pressure. As a result, Ether’s price action appears tied to uncertainty about global economic growth, particularly after US unemployment climbed to 4.3% in August.
Despite these headwinds, ETH remains well-positioned to regain bullish momentum, supported by robust onchain activity and balanced conditions in the options market.
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.
Bitcoin rallied above $113,000 on Friday, but the long wick on the candlestick shows solid selling at higher levels.
Several major altcoins are trying to hold on to their support levels, but the bears have maintained their selling pressure.
Sellers pulled Bitcoin (BTC) below $110,000 on Thursday, but the bulls bought the dip and pushed the price above $113,000 on Friday. Higher levels attracted selling by the bears trying to pull the BTC price back below $110,000.
According to Glassnode’s latest The Week Onchain Report, BTC’s crucial level to watch on the upside is $116,000. If buyers pierce the $116,000 resistance, BTC could start the next leg of the uptrend. On the other hand, BTC risks falling to the $93,000 to $95,000 range if the $104,000 level cracks.
Alphractal founder and CEO Joao Wedson said in a post on X that BTC’s fractal cycle may end in October, but before that, a move to $140,000 is possible. If BTC tops out in October, it risks entering a bear market in 2026, which could pull the price below $50,000. Wedson added that he was eager to see if BTC’s four-year cycle had ended due to strong demand from exchange-traded funds and institutional investors, as some analysts claim.
What are the crucial support levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC bulls pushed the price above the 20-day exponential moving average (EMA) ($112,093) but could not sustain the higher levels.
Sellers will have to swiftly tug the price below $109,000 to retain the advantage. The Bitcoin price may then descend to $107,250, a vital level to watch out for. If the support breaks down, the BTC/USDT pair may plunge to $105,000 and then to $100,000.
Buyers will have to push and sustain the price above the 20-day EMA to indicate strength. The pair may then climb to the 50-day simple moving average (SMA) ($115,304), which could attract sellers. If buyers overcome the sellers, the rally could reach $120,000 and eventually $124,474.
Ether price prediction
ETH (ETH) has been trading in a tight range between $4,500 and $4,250 for the past few days, indicating a balance between supply and demand.
The flattish 20-day EMA and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price rises above $4,500, it suggests the bulls are back in the game. The ETH/USDT pair may rally to $4,664 and then to $4,957.
Alternatively, if the price continues lower and slips below $4,250, the pair could dip to the breakout level of $4,094. Buyers are expected to vigorously defend the $4,094 level because a break below it may sink the Ether price to $3,745.
XRP price prediction
XRP (XRP) has formed a descending triangle pattern, which will complete on a break and close below $2.73.
The downsloping 20-day EMA ($2.90) and the RSI just below the midpoint indicate an advantage to sellers. If the price turns down sharply from the 20-day EMA, the risk of a break below $2.73 increases. The XRP/USDT pair could then plummet toward $2.20.
Contrarily, a break above the 20-day EMA suggests the bears are losing their grip. The XRP price may then reach the downtrend line, where the bears are expected to mount a strong defense. A break and close above the downtrend line negates the bearish setup, clearing the path for a rally to $3.40 and then $3.66.
BNB price prediction
BNB (BNB) has been witnessing a tough battle between the bulls and the bears at the 20-day EMA ($848).
The flattish 20-day EMA and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears. If the price skids below $840, the next stop could be the 50-day SMA ($816). Buyers will try to stall the pullback in the zone between the 50-day SMA and the $794 level.
The first sign of strength on the upside will be a break and close above $881. That suggests the bulls are back in the driver’s seat. The BNB price could pick up momentum above $900 and rally to $1,000.
Solana price prediction
Solana (SOL) turned down from the $210 level on Thursday but is taking support at the 20-day EMA ($198).
The bulls will try to seize control by pushing the price above the $218 resistance. If they can pull it off, the SOL/USDT pair will complete a bullish ascending triangle pattern, starting the next leg of the up move to $240 and eventually to $260.
Sellers will have to yank the price below the uptrend line to invalidate the bullish setup. The pair may fall to $175 and then to $155, where buyers are expected to step in. That could keep the Solana price inside the $155 to $218 range for a few days.
Dogecoin price prediction
Dogecoin (DOGE) has been trading between the moving averages and the $0.21 support for a few days.
The gradually downsloping 20-day EMA ($0.21) and the RSI just below the midpoint give a slight advantage to the bears. A break and close below $0.21 tilts the advantage in favor of the bears. The DOGE/USDT pair may then drop to $0.19, bringing the large $0.14 to $0.29 range into play.
Buyers will have to drive the Dogecoin price above the 50-day SMA ($0.22) to gain strength. The pair may then march toward $0.26.
Cardano price prediction
Buyers tried to push Cardano (ADA) above the 20-day EMA ($0.84) on Friday, but the bears held their ground.
There is support at $0.80, but if the level gives way, the ADA/USDT pair could tumble to the support line of the descending channel pattern. A bounce off the support line is expected to face selling at the 20-day EMA. If that happens, the likelihood of a break below the support line increases. The Cardano price may then descend to $0.68.
Contrarily, a close above the 20-day EMA suggests that the selling pressure is reducing. The pair may then reach the downtrend line. Buyers will have to pierce the downtrend line to signal the start of a new up move to $1.02.
Sellers will try to pull the price to the 50-day SMA ($21.19), which is likely to act as strong support. If the price rebounds off the 50-day SMA and breaks above $24.10, it suggests that the bears are losing their grip. The LINK/USDT pair may then climb to $26 and subsequently to $28.
Contrary to this assumption, a break and close below the 50-day SMA could sink the Chainlink price to the uptrend line.
Hyperliquid price prediction
Hyperliquid (HYPE) bounced off the 20-day EMA ($44.78) on Friday, indicating solid buying by the bulls.
If buyers maintain the price above $46.50, the HYPE/USDT pair could rally to the $49.88 to $51.19 overhead resistance zone. Sellers are expected to defend the resistance zone with all their might because a close above it completes a bullish ascending triangle pattern. The Hyperliquid price may then surge toward the pattern target of $64.25.
This positive view will be invalidated in the near term if the price turns down and breaks below the uptrend line. The pair may slump to $40 and then to $35.51.
Sui price prediction
Sui (SUI) turned down from the 20-day EMA ($3.43) on Thursday, but the bulls are trying to form a support at $3.26.
The bulls will strive to strengthen their position by pushing Sui’s price above the 20-day EMA. If they do that, the SUI/USDT pair could rally to the 50-day SMA ($3.64). This is a crucial level to watch out for because a break above the 50-day SMA suggests the price may swing between $3.26 and $4.44 for some more time.
The bears will have to tug the price below the $3.11 level to gain the upper hand. The pair may then slump to $2.80.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Whales, or big cryptocurrency investors, have lost millions of dollars by betting on the price appreciation of the Trump family-linked World Liberty Financial (WLFI) token.
Since its launch on Monday, the WLFI token’s price fell by over 40%, despite a large-scale token burn event that permanently reduced the token’s circulating supply, aiming to tighten supply and boost the value of the remaining tokens on the market.
Despite the over 40% decline, some of the pre-sale holders are still showing confidence in the presidentially endorsed token.
Out of more than 85,000 pre-sale participants, 60% were still holding the token, while only 29% had fully sold, wrote blockchain data platform Bubblemaps, in a Wednesday X post.
Whales lose millions on Trump-linked WLFI’s 40% dip, despite 47 million burn
Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial (WLFI) token, which continued to decline despite a proposal to reduce the circulating supply.
Whale wallet 0x432 lost more than $1.6 million after closing a 3x leveraged WLFI long position, according to Onchain Lens.
“The moral of the story: never be in FOMO,” short for fear of missing out, wrote the platform in a Thursday X post, referencing the whale’s hasty investment move.
The investor had opened a second long position on the WLFI token just 15 hours after closing a previous one with a $915,000 profit, only to lose the $1.6 million.
Confidence in Trump-linked token weakens
Other whales were also exiting WLFI positions at a loss, signaling waning confidence in the Trump-affiliated token’s price outlook.
The whale selling came a day after the WLFI platform burned 47 million tokens on Wednesday, permanently removing them in a bid to tighten supply and boost the value of the remaining tokens.
The token burn was not enough to stop its post-launch decline, as the WLFI price fell another 18% in the 24 hours leading up to 8:31 am UTC Thursday, marking a total decline of 41% since it was launched on Monday, according to CoinMarketCap data.
Avalanche activity driven by DEXs, trading bots, whale memecoin speculation
Smart contract blockchain Avalanche recorded a consistent surge in blockchain activity, as analysts pointed to growing decentralized trading activities and returning crypto whale speculation on the next emerging memecoin.
Avalanche’s transaction growth surpassed all other blockchains the past week, increasing 66% to 11.9 million transactions across more than 181,000 active addresses, signaling growing investor mindshare focusing on the blockchain.
The milestone occurred after a “landmark effort” by the US Department of Commerce, which adopted Avalanche, along with nine other public decentralized blockchains, to publish its real gross domestic product (GDP), Cointelegraph reported on Aug. 29.
Despite Avalanche’s growing institutional and governmental adoption, we “cannot at this point attribute this to the US Government adopting Avalanche for its GDP data,” said Nicolai Sondergaard, research analyst at the Nansen crypto intelligence platform.
The network’s increasing blockchain activity was mainly driven by decentralized finance (DeFi) traders, miner extractable value (MEV) trading bots and whales speculating on the next big memecoin launch, the analyst told Cointelegraph, adding:
“The transaction surge is driven by: 60% DeFi protocol activity (Trader Joe, Aave, Benqi), 25% Automated trading bots and MEV, and 10% Whale trading and memecoin speculation […].”
The research analyst said that the additional 5% of activity was attributed to blockchain gaming and non-fungible tokens (NFTs).
Avalanche, top five entities by blockchain users, 180 days. Source: Nansen
DeFi lending rises 72% on institutional interest, RWA collateral adoption
Decentralized lending protocols are surging in total value and set to capitalize on the growing institutional adoption of stablecoins and tokenized assets, according to Binance Research.
Decentralized finance (DeFi) lending protocols are automated systems that facilitate lending and borrowing for investors via smart contracts, eliminating the need for financial intermediaries like banks.
DeFi lending protocols have risen more than 72% year-to-date (YTD), from $53 billion at the beginning of 2025 to over $127 billion in cumulative total value locked (TVL) on Wednesday, according to Binance Research.
This explosive growth is attributed to DeFi lending protocols benefiting from accelerated institutional adoption of stablecoins and tokenized real-world assets (RWAs).
“As stablecoin and tokenized asset adoption accelerates, DeFi lending protocols are increasingly positioned to facilitate institutional participation,” wrote Binance Research in a Wednesday report shared exclusively with Cointelegraph.
DeFi lending protocols, TVL, year-to-date chart. Source: Binance Research
A significant portion of this growth was attributed to Maple Finance and Euler, which saw 586% and 1,466% rises, respectively.
“As tokenized assets continue integrating into the mainstream financial system, we expect a new generation of onchain financial products to emerge, enabling more efficient, transparent, and accessible capital markets,” a Binance Research spokesperson told Cointelegraph, adding:
“DeFi lending protocols, in particular, offer a programmable and interoperable framework that makes them well-suited to facilitate greater institutional participation.”
This emerging dynamic is set to enhance DeFi liquidity and the broader crypto ecosystem by “bridging traditional finance and decentralized infrastructure,” added the spokesperson.
Mantle 2.0 to accelerate DeFi-CeFi convergence: Delphi Digital
Mantle 2.0, which aims to become the institutional “liquidity chain” for tokenized real-world assets, is championing a new business model that may accelerate the mutually beneficial convergence between the industry’s centralized and decentralized participants.
Mantle Network was initially launched as an Ethereum layer-2 (L2) scaling solution in 2021 under BitDAO, as the first L2 network launched by a decentralized autonomous organization (DAO).
In July 2023, BitDAO and Mantle Network consolidated into the Mantle brand and the Mantle (MNT) token.
The project is now entering a “new phase in its lifecycle,” dubbed Mantle 2.0. It is marked by Bybit executives being installed as key advisers and a new roadmap targeting the convergence of centralized finance (CeFi) and decentralized finance (DeFi), according to crypto research firm Delphi Digital’s Wednesday report.
Mantle 2.0 may champion a new business model for the cryptocurrency industry, encouraging more DAO-governed projects to merge with major centralized exchanges, combining the advantages of decentralized governance with the deep liquidity and mainstream user base of centralized trading venues.
On Aug. 18, the Bybit exchange launched multiple exclusive campaigns and earn products for the MNT token.
On Aug. 29, Bybit exchange and Mantle revealed a combined roadmap, which awarded MNT holders lower slippage buys, more payment options within the Bybit ecosystem and other savings and staking products.
“Mantle is no longer just an L2 but the foundation of Bybit’s ecosystem. This isn’t a simple partnership but a play for RWA dominance,” wrote Delphi Digital in a Wednesday X post, adding:
“This update shifts the Mantle token into a Bybit utility asset.”
“This anchors MNT’s value to Bybit’s massive daily volume ($3-5B spot, $25B+ derivatives) over simple governance,” wrote the research firm, adding that we are seeing the emergence of a “new competitive landscape that merges TradFi infrastructure with DeFi rails.”
Venus Protocol recovers user’s $13.5 millon stolen in phishing attack
Decentralized finance (DeFi) lending platform Venus Protocol helped a user recover stolen crypto following a phishing attack tied to North Korea’s Lazarus Group.
On Thursday, Venus Protocol announced that it had helped a user recover $13.5 million in crypto after the phishing incident that occurred on Tuesday. At the time, Venus Protocol paused the platform as a precautionary measure and began investigating.
According to Venus, the pause halted further fund movement, while audits confirmed Venus’ smart contracts and front end were uncompromised.
An emergency governance vote allowed the forced liquidation of the attacker’s wallet, enabling stolen tokens to be seized and sent to a recovery address.
According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green.
The meme token MemeCore (M) rose by over 236% as the week’s biggest winner in the top 100, followed by memecoin launchpad Pump.fun’s (PUMP) token, up over 41% during the past week.
Total value locked in DeFi. Source: DefiLlama
Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
Vanuatu is one of the fastest countries to offer citizenship, with crypto accepted through licensed agents.
Dominica and Saint Lucia offer Caribbean citizenship in months using crypto converted via trusted agencies.
Portugal offers EU residency and a path to citizenship through crypto-linked investment funds.
El Salvador offers direct citizenship through a $1-million Bitcoin or USDT investment, with no fiat needed.
Crypto and globality are a strong mind-map pair in 2025.
It might not be that much of a surprise, then, that both citizenship-by-investment crypto programs and golden visas with crypto are appearing to meet the needs of investors holding Bitcoin (BTC), Ether (ETH) and stablecoins. What was once a fiat-only world now includes pathways tailored for those living a crypto-rich lifestyle.
Most governments still require fiat contributions for these programs, but a growing number of licensed migration agents now accept crypto, converting it into local currency before submitting it to authorities.
A handful of jurisdictions go further, offering opportunities ranging from fast-track second passports to long-term residency for investors.
This article explores four crypto-friendly countries for citizenship or residency, covering both direct and indirect crypto payment models, as of July 2025.
1. Vanuatu: Buy citizenship with crypto
Vanuatu Citizenship by Investment (CBI) via the Development Support Program (DSP)
Vanuatu offers one of the fastest second passport routes in the world, with citizenship typically granted within 30-60 days. The required donation starts at $130,000 for single applicants and scales to $180,000 for a family of four.
Crypto integration
While the government itself does not accept direct crypto, licensed agents are permitted to receive Bitcoin or stablecoins, convert them to fiat and handle the full application process.
This allows crypto holders to use their assets both to demonstrate wealth and to fund the donation, provided that standard Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols are met.
Some agents even advertise the ability to pay via Bitcoin for the total investment cost, typically between $115,000 and $130,000, streamlining access for crypto passport seekers.
Notes
100% remote process — no residency or in-person interviews required
No language, education, or stay requirements
Dual citizenship is allowed
Tax-free on personal income, capital gains, wealth and inheritance
Visa-free travel to 90+ countries, though Schengen access is currently under review
Family inclusion: spouses, dependent children (under 25) and parents (over 50).
This is one of the few citizenship-by-investment crypto options offering true speed and discretion, appealing to digital nomads and crypto founders seeking security and mobility.
Did you know? Vanuatu is one of the few countries in the world without a military — citizens enjoy global neutrality and low geopolitical risk.
2. Dominica and Saint Lucia: Countries accepting crypto for residency
Caribbean CBI Schemes
Dominica: $200,000+ donation to the Economic Diversification Fund
Saint Lucia: $240,000+ donation or $300,000+ in approved real estate.
Both countries offer fast-track second passports, processed in four to nine months, with remote application procedures and no physical presence required.
Crypto integration
Licensed agencies (such as Apex Capital Partners, Global Residence Index and Citizenship Bay) accept Bitcoin, Tether’s USDt (USDT) and other major assets. These are converted into fiat on behalf of applicants to meet official requirements.
Applicants can manage the process end-to-end using crypto, working with agents to handle everything from proof of funds to submission and approval — ideal for those researching how to move abroad with crypto or seeking a passport with Bitcoin.
Notes
Pros:
Efficient processing times (under a year)
Strong passports: visa-free or visa-on-arrival to the EU, UK, Singapore, Hong Kong and more
Entire families can be included (spouse, children and, in many cases, parents)
No physical presence, language test or residency obligations.
Cons:
For those seeking residency by investment via crypto or looking to buy citizenship with crypto in a stable jurisdiction, these Caribbean options remain attractive.
Did you know? Dominica runs the longest continuously active citizenship-by-investment program in the world, launched in 1993.
3. Portugal: Golden visa with crypto
Portugal Golden Visa (residency-by-investment)
Portugal remains a top destination for those seeking residency by investment using crypto-funded wealth.
Since 2023, the focus of the Golden Visa program has shifted from real estate to regulated investment funds, scientific research and company formation. The typical qualifying investment is 500,000 euros, usually placed in a Portuguese CMVM-regulated fund.
Residency can lead to citizenship after five years, though a proposed extension to 10 years is under legislative review as of July 2025.
Applicants must spend only seven days in the first year and 14 days every two years, making it suitable for crypto nomads and long-term investors.
Crypto integration
While Portugal does not accept direct crypto for golden visa investments, several qualified funds now offer exposure to blockchain-related assets:
The Golden Crypto Fund, mixing fixed income with up to 35% in BTC and exchange-traded funds (ETFs)
Custom “3 BTC investment” offers, pegged to meet the 500,000-euro threshold.
All structures are visa-approved, though they operate through fiat conversions via licensed intermediaries — ideal for those asking how to get a golden visa with Bitcoin or gain access to crypto-friendly governments.
Notes
No language test or full-time residency requirements
Full EU residency rights and citizenship path (pending legislative updates)
Favorable crypto tax environment: Long-term crypto gains are tax-exempt for individuals
Family inclusion (spouse, dependent children and sometimes parents).
The only downsides are a relatively high entry cost and application backlogs, with some delays exceeding 12 months.
Portugal remains one of the top crypto passport countries in the EU, with strong governance and a deep talent base in blockchain innovation.
Did you know? Portugal has a law that grants automatic citizenship to third-generation descendants of Sephardic Jews expelled in the 15th century.
4. El Salvador: Bitcoin golden visa
El Salvador Freedom Visa (crypto-native residency and citizenship)
Launched in December 2023 in partnership with Tether, El Salvador’s Freedom Visa is the world’s first fully crypto-native migration program. It offers both residency and an expedited path to citizenship in return for a $1-million investment in Bitcoin or USDt. The program is capped at 1,000 investors annually, aligning with the country’s broader Bitcoin adoption strategy.
Crypto integration
The program is designed for direct crypto payment:
Applicants submit an initial $999 in BTC or USDT as a non-refundable application deposit.
Upon approval, they invest the remaining $999,001 in approved initiatives.
Tether handles the crypto-to-fiat infrastructure, enabling the government to directly receive investments in digital assets.
El Salvador remains a global leader among countries accepting crypto for residency.
Notes
Fast-track timeline of around six weeks to initial approval, then citizenship within months
Applies to entire families: spouses, children and often extended relatives
No physical stay requirement: a true passport with Bitcoin experience
Citizenship granted via accelerated naturalization (not instant but rapid)
Investments support national development, including education, tech and infrastructure.
This program is a unique offer for those looking to buy citizenship with crypto directly, bypassing fiat intermediaries entirely.
Did you know? El Salvador was the first country to adopt Bitcoin as legal tender, and its president, Nayib Bukele, holds office while also managing a national Bitcoin treasury.
Comparison of crypto migration programs (2025)
As learned, several countries now offer residency or citizenship in exchange for crypto-funded investments, from fast-track citizenship in Vanuatu and El Salvador to long-term residency paths in Portugal and Kazakhstan. Investment thresholds range from $100,000 to $1 million, with varying timelines and crypto acceptance methods.
Here is a quick summary of the crypto migration programs offered by these companies:
Kazakhstan: An emerging hub with 10-year golden visa
Kazakhstan Golden Visa (10-year residency)
In May 2025, Kazakhstan introduced a 10-year renewable residency permit, becoming Central Asia’s first country to offer an official visa-by-investment route. While it does not grant immediate citizenship, it provides a long-term legal base for global investors looking to participate in an emerging frontier market.
The required investment is $300,000, placed either in the equity of a local company or in publicly traded Kazakh securities.
Crypto integration
Kazakhstan has positioned itself as a crypto-friendly government. The Ministry of Digital Development is pushing for a national crypto reserve and licensing crypto banks, and the country runs active regulatory sandboxes.
However, no direct crypto payments are currently accepted under the golden visa. Investors must convert their crypto assets into fiat before applying. In time, licensed intermediaries may allow smoother BTC/USDT conversions aligned with visa requirements.
Notes
One of the most affordable long-term residency programs at $300,000
Family members (spouse and dependents) included under one visa
Tax incentives, such as a flat 10% income tax and potential foreign income exemptions
Strategic geographic position between Europe and Asia.
However, there’s no automatic citizenship, and applicants must reside for at least five years, speak Kazakh or Russian and renounce previous citizenships.
Kazakhstan is emerging as a viable base for crypto relocation, even as its visa process remains fiat-only in 2025.
Did you know? Kazakhstan is home to the Astana International Financial Centre (AIFC), a separate legal zone with its own crypto-friendly framework based on English common law.
St. Kitts & Nevis: Accepts crypto as proof of wealth for citizenship applications
In a significant move for crypto investors seeking second passports, St. Kitts & Nevis has begun accepting cryptocurrency holdings as partial proof of funds under its citizenship-by-investment (CBI) program. While crypto cannot be used directly to make the investment, it may now count toward demonstrating the applicant’s overall net worth.
Starting in March 2025, the country’s Citizenship by Investment Unit (CIU) updated its application rules to allow digital assets, such as BTC or ETH, to serve as part of an applicant’s wealth declaration. This marks an important step toward integrating crypto into global migration and investment frameworks.
Please note that applications involving crypto may be subject to additional due diligence fees and extended background checks to ensure compliance with AML regulations. Applicants must submit full documentation, including:
Proof of ownership of the crypto assets
Transaction history to establish origin of funds
Valuation reports at the time of submission.
Crypto investors can also include family members, such as a spouse, children and dependent parents, under a single citizenship application, provided standard vetting criteria are met.
Residency by investment crypto: What to keep in mind
For crypto investors pursuing global mobility, several practical factors should guide your planning.
Regulatory compliance is non-negotiable. Regardless of the destination, you’ll need to go through KYC/AML procedures, verify the source of funds and often convert crypto to fiat via licensed agents or law firms. This process ensures legality and transparency across all crypto migration programs.
Due diligence requirements can be stringent — especially in Caribbean CBI schemes, where multi-layered background checks and ongoing compliance monitoring are standard. These processes may affect your timeline and eligibility, particularly if your crypto activity lacks clear documentation.
Policy shifts are another key consideration. For instance, Portugal’s pending legislation could extend the naturalization timeline from five to 10 years, directly impacting those targeting EU citizenship through crypto-linked investments. Always account for possible changes in residency by investment crypto paths.
Lastly, working with professionals familiar with crypto relocation tips, including tax planning and legal structuring, is essential. Migration lawyers versed in digital assets and international compliance can help avoid costly missteps.
Across the four programs profiled — El Salvador’s crypto-first citizenship, Portugal’s fund-based EU residency and three flexible CBI options in Vanuatu, Dominica and St. Lucia — you have a spectrum of options that match different timelines, family needs and crypto liquidity preferences.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Crypto venture capital company Sora Ventures announced a $1 billion Bitcoin treasury fund, and said it plans to acquire the full amount within six months.
On Friday at Taipei Blockchain Week, Sora Ventures founder Jason Fang unveiled what he called “Asia’s first $1 billion Bitcoin treasury fund” during a discussion titled, Introducing BTC Strategy into Major Asia Equity Markets.
Sora said the fund is backed by a $200 million capital commitment from institutional partners across the region. In an article shared by Fang, the company said it aims to accelerate Bitcoin adoption among corporate treasuries.
Cointelegraph reached out to Sora Ventures for more information, but did not receive a response before publication.
Sora Ventures to create a centralized institutional Bitcoin pool
Unlike region-specific efforts to stack Bitcoin (BTC), Sora Ventures envisions the fund serving as a centralized institutional vehicle to replicate Bitcoin-first treasury models across Asia and beyond.
Fang noted rising interest in Bitcoin treasuries from institutions in the US and EU, while efforts in Asia have remained fragmented.
“This is the first time in history that institutional money has come together, from local to regional, and now to a global stage,” he said.
The announcement said the treasury fund will become a pool of institutional capital designed to support existing firms and fuel the creation of similar treasuries around the globe.
The company also said it will reinforce support for Asia’s early Bitcoin treasury pioneers while expanding outward. It added that it would create synergies between local and international treasuries to strengthen Bitcoin’s role as a reserve across markets.
At the time of writing, Japan’s Metaplanet remains Asia’s biggest corporate Bitcoin holder. The company purchased 1,009 BTC on Monday, pushing its total holdings to 20,000 Bitcoin, worth about $2.2 billion at current market prices.
Data from BitcoinTreasuries.NET shows that some of the biggest BTC holders in Asia include Cango Inc., with more than $570 million in BTC, and Bitfufu, which holds over $200 million in Bitcoin.
Companies aren’t just holding ETH; they are staking and restaking to generate steady onchain income.
Mega-holders like BitMine (1.5 million ETH) can sway liquidity, validator distribution and even upgrade dynamics.
Weekly ETH disclosures from firms like SharpLink give investors real-time insight into accumulation and staking rewards.
Coinbase sets the benchmark by clearly splitting ETH “held for operations” from ETH “held for investment.”
Corporate Ether treasuries have become a defining trend in balance sheet strategies of public companies. As of mid-2025, a growing number of firms are switching to Ether (ETH) as a primary treasury reserve instead of just holding cash or Bitcoin (BTC).
What sets this ongoing trend apart is the approach. Instead of only buying ETH, companies are staking for yield, restaking for higher returns and publishing regular investor updates.
For traditional investors, this trend offers a new and regulated way to gain ETH exposure through equities without the complexity of self-custody.
This article discusses the seven largest Ether treasury companies as of August 2025.
1. BitMine Immersion (NYSE: BMNR)
According to BitMine’s 8-K exhibit filed with the US Securities and Exchange Commission on Aug. 18, 2025, the company’s Ether stash jumped to 1,523,373 ETH as of Aug. 17, part of a $6.6-billion crypto position that also includes a small amount of BTC and cash on hand.
But why does it matter?
BitMine has become the largest corporate holder of ETH, positioning itself as the “Strategy of Ether.” The scale alone (well over 1 million ETH) means its treasury moves and staking policies can influence market structure and liquidity.
2. SharpLink Gaming (Nasdaq: SBET)
SharpLink’s investor update on Aug. 19, 2025, stated the company purchased 143,593 ETH in the prior week. This brought its total holdings to 740,760 ETH as of Aug. 17, 2025, with staking rewards continuing to accumulate.
SharpLink matters because it is the fastest riser in the ETH-treasury cohort. Weekly disclosures show an aggressive accumulation schedule funded through at-the-market (ATM) and direct offerings, coupled with staking to generate onchain yield.
Did you know? At-the-Market (ATM) issuance lets public companies sell new shares directly into the open market at prevailing prices. In 2025, firms like SharpLink and Bit Digital have used ATM programs to quickly raise cash and convert it into ETH for their growing treasuries.
3. Coinbase (Nasdaq: COIN)
Coinbase’s Q2 2025 Form 10-Q details 136,782 ETH classified as “crypto assets held for investment” as of Jun. 30, 2025 (fair value $339.5 million). Separately, the filing shows 11,195 ETH under “crypto assets held for operations.” For this ranking, the investment bucket was used to reflect true treasury reserves, consistent with major trackers.
Coinbase’s position is unique, as it holds ETH both to operate its business (validators, network fees) and as a long-term investment. The clear breakdown in an SEC filing provides one of the cleanest looks at a public company’s ETH accounting.
4. Bit Digital (Nasdaq: BTBT)
Bit Digital announced on Jul. 18, 2025, that it had purchased 19,683 ETH through a registered direct offering, bringing total holdings to about 120,306 ETH. Management called ETH “foundational” to its onchain yield and infrastructure strategy.
The company pairs treasury accumulation with validator operations, earning native ETH yield while compounding reserves — a model many 2025 entrants now follow.
5. ETHZilla (Nasdaq: ETHZ)
ETHZilla’s SEC filing on Aug. 18, 2025 (Exhibit 99.1), shows the company accumulated 94,675 ETHat an average price of $3,902.20, along with $187 million in cash equivalents.
The filing highlights ETHZilla’s high-profile shift to an ETH treasury model, starting with a sizable initial stake and plans for onchain yield programs managed by external asset specialists.
6. BTCS (Nasdaq: BTCS)
BTCS reported on Aug. 14, 2025, that post-quarter, it increased Ether holdings to 70,140 ETH(valued at over $321 million on Aug. 12) while scaling its Ether “Builder+” and validator infrastructure.
The company positions itself as an “Ethereum-first” public company, emphasizing block building and staking alongside a growing treasury. It also uses ETH-backed decentralized finance borrowing to improve capital efficiency.
Did you know? Ether recently surpassed its November 2021 all-time high, climbing above $4,870 as the US Federal Reserve signaled a more dovish stance and institutional demand surged. Analysts now expect ETH to push well beyond $5,000 in 2025.
7. Fundamental Global/FG Nexus (Nasdaq: FGNX)
Fundamental Global (branding its initiative as FG Nexus) disclosed on Aug. 11, 2025, that it now holds47,331 ETH as of Aug. 10, 2025, after launching its ETH accumulation strategy. It also outlined plans to stake and restake to enhance ETH yield.
FG Nexus is a newcomer aiming to build “one of the largest” ETH treasuries. Its strategy centers on staking, restaking and the same playbook driving 2025’s corporate ETH wave.
Why Ether treasury reserves matter
When public companies buy and hold Ether as a treasury reserve, it does more than just add another asset to their balance sheet. It directly impacts the ETH market and ecosystem.
Large corporate purchases reduce circulating supply, which then creates upward pressure on price, especially when combined with Ether’s deflationary tokenomics after Ethereum Improvement Proposal 1559. Staking these reserves compounds the effect by locking ETH out of liquid markets, which further tightens availability.
Beyond price, corporate treasuries also strengthen Ethereum’s network. By running validators, companies contribute to security and decentralization while earning staking rewards that grow their reserves.
For investors, corporate adoption signals institutional confidence in ETH as a long-term store of value, not just a speculative asset.
In short, corporate ETH treasuries boost demand, restrict supply and reinforce the ecosystem, making them a powerful force in Ethereum’s future.
How corporate Ether holdings are reshaping the market
If you are tracking Ether adoption, corporate treasuries are now one of the biggest signals to watch. Here’s what the 2025 ETH wave means for you:
Buy, stake and compound: Companies aren’t just buying ETH; they’re staking and restaking to generate steady onchain yield.
Weekly updates build trust: Firms like SharpLink release weekly ETH reports, giving investors real-time transparency.
Scale moves markets: With over 1.5 million ETH, BitMine Immersion proves corporate treasuries can influence validator sets and liquidity.
Accounting matters: Coinbase sets the standard by clearly separating ETH held for investment vs. operations.
Stocks as ETH exposure: Public companies offer regulated ways to gain ETH exposure, though shares may trade above or below net ETH value.
Key risks you should watch with corporate Ether treasuries
Market volatility: ETH prices remain highly volatile. A sudden downturn can slash the value of corporate treasuries and trigger shareholder concerns.
Regulatory uncertainty: Rules for digital assets are still evolving. Future regulation could impact how treasuries are reported, taxed or even allowed.
Concentration risk: A few companies holding millions of ETH can distort liquidity. If a large holder sells, it may cause sharp price swings.
Operational and custody risks: Running validators, securing private keys and managing staking contracts all introduce technical vulnerabilities.
Equity exposure limits: For investors using stocks as ETH proxies, share prices can trade at steep premiums or discounts, creating mismatches with actual ETH value.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Companies aren’t just holding ETH; they are staking and restaking to generate steady onchain income.
Mega-holders like BitMine (1.5 million ETH) can sway liquidity, validator distribution and even upgrade dynamics.
Weekly ETH disclosures from firms like SharpLink give investors real-time insight into accumulation and staking rewards.
Coinbase sets the benchmark by clearly splitting ETH “held for operations” from ETH “held for investment.”
Corporate Ether treasuries have become a defining trend in balance sheet strategies of public companies. As of mid-2025, a growing number of firms are switching to Ether (ETH) as a primary treasury reserve instead of just holding cash or Bitcoin (BTC).
What sets this ongoing trend apart is the approach. Instead of only buying ETH, companies are staking for yield, restaking for higher returns and publishing regular investor updates.
For traditional investors, this trend offers a new and regulated way to gain ETH exposure through equities without the complexity of self-custody.
This article discusses the seven largest Ether treasury companies as of August 2025.
1. BitMine Immersion (NYSE: BMNR)
According to BitMine’s 8-K exhibit filed with the US Securities and Exchange Commission on Aug. 18, 2025, the company’s Ether stash jumped to 1,523,373 ETH as of Aug. 17, part of a $6.6-billion crypto position that also includes a small amount of BTC and cash on hand.
But why does it matter?
BitMine has become the largest corporate holder of ETH, positioning itself as the “Strategy of Ether.” The scale alone (well over 1 million ETH) means its treasury moves and staking policies can influence market structure and liquidity.
2. SharpLink Gaming (Nasdaq: SBET)
SharpLink’s investor update on Aug. 19, 2025, stated the company purchased 143,593 ETH in the prior week. This brought its total holdings to 740,760 ETH as of Aug. 17, 2025, with staking rewards continuing to accumulate.
SharpLink matters because it is the fastest riser in the ETH-treasury cohort. Weekly disclosures show an aggressive accumulation schedule funded through at-the-market (ATM) and direct offerings, coupled with staking to generate onchain yield.
Did you know? At-the-Market (ATM) issuance lets public companies sell new shares directly into the open market at prevailing prices. In 2025, firms like SharpLink and Bit Digital have used ATM programs to quickly raise cash and convert it into ETH for their growing treasuries.
3. Coinbase (Nasdaq: COIN)
Coinbase’s Q2 2025 Form 10-Q details 136,782 ETH classified as “crypto assets held for investment” as of Jun. 30, 2025 (fair value $339.5 million). Separately, the filing shows 11,195 ETH under “crypto assets held for operations.” For this ranking, the investment bucket was used to reflect true treasury reserves, consistent with major trackers.
Coinbase’s position is unique, as it holds ETH both to operate its business (validators, network fees) and as a long-term investment. The clear breakdown in an SEC filing provides one of the cleanest looks at a public company’s ETH accounting.
4. Bit Digital (Nasdaq: BTBT)
Bit Digital announced on Jul. 18, 2025, that it had purchased 19,683 ETH through a registered direct offering, bringing total holdings to about 120,306 ETH. Management called ETH “foundational” to its onchain yield and infrastructure strategy.
The company pairs treasury accumulation with validator operations, earning native ETH yield while compounding reserves — a model many 2025 entrants now follow.
5. ETHZilla (Nasdaq: ETHZ)
ETHZilla’s SEC filing on Aug. 18, 2025 (Exhibit 99.1), shows the company accumulated 94,675 ETHat an average price of $3,902.20, along with $187 million in cash equivalents.
The filing highlights ETHZilla’s high-profile shift to an ETH treasury model, starting with a sizable initial stake and plans for onchain yield programs managed by external asset specialists.
6. BTCS (Nasdaq: BTCS)
BTCS reported on Aug. 14, 2025, that post-quarter, it increased Ether holdings to 70,140 ETH(valued at over $321 million on Aug. 12) while scaling its Ether “Builder+” and validator infrastructure.
The company positions itself as an “Ethereum-first” public company, emphasizing block building and staking alongside a growing treasury. It also uses ETH-backed decentralized finance borrowing to improve capital efficiency.
Did you know? Ether recently surpassed its November 2021 all-time high, climbing above $4,870 as the US Federal Reserve signaled a more dovish stance and institutional demand surged. Analysts now expect ETH to push well beyond $5,000 in 2025.
7. Fundamental Global/FG Nexus (Nasdaq: FGNX)
Fundamental Global (branding its initiative as FG Nexus) disclosed on Aug. 11, 2025, that it now holds47,331 ETH as of Aug. 10, 2025, after launching its ETH accumulation strategy. It also outlined plans to stake and restake to enhance ETH yield.
FG Nexus is a newcomer aiming to build “one of the largest” ETH treasuries. Its strategy centers on staking, restaking and the same playbook driving 2025’s corporate ETH wave.
Why Ether treasury reserves matter
When public companies buy and hold Ether as a treasury reserve, it does more than just add another asset to their balance sheet. It directly impacts the ETH market and ecosystem.
Large corporate purchases reduce circulating supply, which then creates upward pressure on price, especially when combined with Ether’s deflationary tokenomics after Ethereum Improvement Proposal 1559. Staking these reserves compounds the effect by locking ETH out of liquid markets, which further tightens availability.
Beyond price, corporate treasuries also strengthen Ethereum’s network. By running validators, companies contribute to security and decentralization while earning staking rewards that grow their reserves.
For investors, corporate adoption signals institutional confidence in ETH as a long-term store of value, not just a speculative asset.
In short, corporate ETH treasuries boost demand, restrict supply and reinforce the ecosystem, making them a powerful force in Ethereum’s future.
How corporate Ether holdings are reshaping the market
If you are tracking Ether adoption, corporate treasuries are now one of the biggest signals to watch. Here’s what the 2025 ETH wave means for you:
Buy, stake and compound: Companies aren’t just buying ETH; they’re staking and restaking to generate steady onchain yield.
Weekly updates build trust: Firms like SharpLink release weekly ETH reports, giving investors real-time transparency.
Scale moves markets: With over 1.5 million ETH, BitMine Immersion proves corporate treasuries can influence validator sets and liquidity.
Accounting matters: Coinbase sets the standard by clearly separating ETH held for investment vs. operations.
Stocks as ETH exposure: Public companies offer regulated ways to gain ETH exposure, though shares may trade above or below net ETH value.
Key risks you should watch with corporate Ether treasuries
Market volatility: ETH prices remain highly volatile. A sudden downturn can slash the value of corporate treasuries and trigger shareholder concerns.
Regulatory uncertainty: Rules for digital assets are still evolving. Future regulation could impact how treasuries are reported, taxed or even allowed.
Concentration risk: A few companies holding millions of ETH can distort liquidity. If a large holder sells, it may cause sharp price swings.
Operational and custody risks: Running validators, securing private keys and managing staking contracts all introduce technical vulnerabilities.
Equity exposure limits: For investors using stocks as ETH proxies, share prices can trade at steep premiums or discounts, creating mismatches with actual ETH value.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, is expanding in Europe with new staking and derivatives offerings.
Gemini users in the European Economic Area (EEA) can stake Ether (ETH) and Solana (SOL), as well as trade perpetual contracts denominated in Circle’s USDC (USDC) stablecoin, the company told Cointelegraph on Friday.
“Our goal is to be one of the major exchanges in Europe, and now that we have a full suite of products including spot exchange, staking, and perpetuals in the EU from a single interface, we believe that we’re a serious contender,” Gemini’s head of Europe, Mark Jennings, told Cointelegraph.
Derivatives gain traction as spot trading slows
Gemini’s push into derivatives in the EU comes as spot crypto trading — the buying and selling of tokens at current market prices — has been losing steam, particularly to exchange-traded funds (ETFs).
Despite the Bitcoin price rising in 2025, spot trading volumes declined 32% in the first two quarters, netting just $3.6 trillion in Q2, according to the crypto analytics platform TokenInsight. In contrast, crypto derivatives’ volumes netted $20.2 trillion.
“The global derivatives market has exploded in recent months,” Jennings said, adding that the sector is estimated to be worth $23 trillion by the end of 2025.
Crypto spot trading volume across major CEXs versus the price of Bitcoin in the first two quarters of 2025. Source: TokenInsight
“As crypto adoption grows, there is increasing demand for alternative, risk-managed financial instruments, and derivatives allow users to execute complex strategies to gain long or short exposure to crypto,” he added.
Ethereum staking deposits surge in EU
While crypto derivatives are regulated under the EU’s MiFID II, staking is regulated indirectly under the MiCA framework, which entered into full force in late 2024.
MiCA has driven significant growth in institutional staking activity in Europe, with EU staking participation surging by 39% in 2025, while non-EU staking growth remained at 22%, according to a study by CoinLaw in June.
“Staking is becoming increasingly popular in Europe,” Jennings said, citing CoinLaw’s data that Ethereum staking deposits in the EU surged by 28% in 2025 compared to 2024, reaching $90 billion in total staked ETH.
Ethereum staking deposits in the EU surged by 28% in the EU in 2025. Source: CoinLaw
“Gemini Staking is available to retail and institutional investors, but we believe that it will be popular amongst sophisticated, professional retail investors who are looking to put their crypto funds to use and earn passive income from a single, integrated, centralized exchange,” the exec noted.
Gemini’s staking and derivatives launch in the EU came days after the exchange officially filed a Form S-1 for an initial public offering in the US. The company expects to sell 16.67 million shares priced between $17 and $19 per share, to raise up to $317 million.
Bitcoin is approaching the start of its bear market if four-year cycle theory is still valid.
BTC price targets include $50,000 for October 2026.
Bitcoin is currently battling a resistance trend line that could spark a $100,000 support retest.
Bitcoin (BTC) could have just one month before the end of a four-year cycle, triggering a $50,000 collapse.
New comments from Joao Wedson, founder and CEO of crypto analytics platform Alphractal, also include a $140,000 BTC price target.
Can Bitcoin escape its scheduled bear market?
Bitcoin faces a new reckoning as the bull market endures its latest 15% correction from all-time highs.
Amid misgivings over the future, Wedson sees the possibility of a new bear market starting as soon as October.
Uploading charts of its so-called “Repetition Fractal Cycle” to X, he showed that BTC/USD is approaching the time when bear markets historically take over.
“Of course, it would be reckless to assume that Bitcoin has only a little over one month left in this cycle based solely on this chart,” he acknowledged.
“Still, I can’t help but think — this could be just enough time for BTC to dip toward the $100K range before rocketing past $140K within the same period. Who would dare to doubt that scenario?”
Wedson notes that this cycle is markedly unlike others before it, thanks to the presence of major institutional investors and Bitcoin’s ascent to major asset status.
“The real question is whether this fractal will remain reliable in the face of heavy speculation around ETFs and growing institutional demand,” he said.
A US macroasset bear market could well form the nail in the coffin for Bitcoin bulls if it coincides with the fractal’s bear-market schedule.
Once October hits and if bears gain strength, BTC price bottom targets, already bold, now include one more level on the radar for October 2026. Wedson said:
“Personally, I’m eager to see whether the new wave of crypto enthusiasts are right in claiming the 4-year cycle is over and Bitcoin will now rise endlessly — or if 2025 marks the final breath before a sharp correction, with prices possibly sinking below $50K in the 2026 bear market.”
One trader even sees that event coming this week. He said the bull market will be over if the bulls fail to hold the $100,000 mark.
BTC/USD is currently attempting to break through a downward-sloping trend line, which has formed the ceiling for price throughout the correction that began in mid-August.
“This 1 chart decides if $BTC breaks below $100K or breaks to new ATH,” trader Killa told X followers Thursday.
BTC/USD % change chart. Source: Killa/X
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.