Bitcoin Holds Strong at $107K: FBI Busts $25M Crypto Hacker as India Eyes BTC Reserves

Bitcoin defies volatility—holding firm at $107K while regulators and criminals play their usual games.

FBI Strikes Again

The feds bagged a $25M hacker, proving even crypto's shadow economy isn't safe from handcuffs. Another day, another 'anonymity' myth busted.

India's Big Bitcoin Bet

Delhi whispers about adding BTC to reserves—because nothing says 'trust the system' like hedging with decentralized money. TradFi won't sleep well tonight.

Meanwhile, Wall Street still can't decide if crypto is a scam or their next revenue stream. Place your bets.

India Proposes Bitcoin Reserve to Boost Economy

In addition, there’s another bullish report came from India, where Pradeep Bhandari, a national spokesperson for the ruling BJP party, advocated for a Bitcoin reserve pilot. Writing for India Today, Bhandari highlighted how nations like Bhutan and the U.S. are already exploring sovereign crypto strategies, suggesting India could benefit from joining that list.

BREAKING: Indian Ruling party #BJP National Spokesperson Pradeep Bhandari calls for India to explore #Bitcoin as a strategic reserve asset.

Citing U.S. and Bhutan’s growing adoption.

Says a #Bitcoin reserve pilot could boost India’s economic resilience. pic.twitter.com/oVXnRowB37

Bhandari emphasized India’s growing renewable energy sector as a competitive advantage for Bitcoin mining and accumulation. He argued that regulatory clarity, still lacking in India’s tax-heavy environment, could unlock innovation, attract capital, and position India as a leader in financial technology.

India currently taxes crypto gains at 30% under Section 115BBH of the Income Tax Act, without a formal regulatory infrastructure. Despite this, domestic interest in crypto remains strong. Bitcoin hovered at $107,100 after Bhandari’s remarks, signaling steady institutional confidence.

Bitcoin Technicals Signal Potential Reversal

Technically, Bitcoin faces stiff resistance at $108,250, the top of a descending trendline visible on the 2-hour chart. After bouncing sharply from $99,717, the asset broke above major Fibonacci levels—0.618 at $102,977 and 0.5 at $103,984—before stalling in a narrowing range. Price action suggests a rising wedge pattern, which often precedes a breakdown.

The 50-EMA at $106,147 and the 23.6% Fib level at $106,237 offer critical support. Meanwhile, MACD is flashing bearish divergence, with momentum fading as histogram bars shrink. Recent candlesticks resemble spinning tops and doji formations—signals of indecision.

• Bearish trigger: Break below $106,200
• Downside targets: $104,991 and $103,984
• Upside invalidation: Daily close above $108,250

If bulls fail to clear $108,250 with conviction, we could see a pullback toward $104K. On the flip side, a clean break could set up a run toward $109,257 and $110,448.

BTC Bull Token Nears $8.4M Hard Cap as Presale Enters Final Hours

With Bitcoin trading near $105,000, investor focus is shifting toward BTC Bull Token ($BTCBULL), a rising altcoin that is nearly fully allocated during its presale. As of today, the project has raised $7,438,492.88 of its $8,397,441 target, leaving under $1 million to be raised before the token price moves to the next tier.

Currently priced at $0.00258, early buyers have a limited time to enter before the subsequent price increase takes effect.

Bitcoin-Linked Tokenomics and Burn Mechanism

BTCBULL ties its value directly to Bitcoin’s price through two smart systems:

• BTC Airdrops: Distributed to holders, with priority for presale participants.
• Supply Burns: Triggered automatically when BTC rises in $50,000 increments.

• APY: 55% annually
• Lockups: None
• Liquidity: Immediate
• Total Pool: 1,925,149,417 BTCBULL

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income. With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.