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šŸš€ Bitcoin Price Prediction: Hidden Tax Rule in White House Report Fuels Mining Frenzy – Is $500K BTC Possible by 2025?

šŸš€ Bitcoin Price Prediction: Hidden Tax Rule in White House Report Fuels Mining Frenzy – Is $500K BTC Possible by 2025?

Author:
Cryptonews
Published:
2025-08-06 12:56:25
19
1

Buried in the latest White House fiscal report: A tax tweak that could supercharge Bitcoin mining—and send BTC prices stratospheric. Here’s why analysts are whispering ā€˜half a million or bust.’

### The Stealth Stimulus for Miners

While DC sleeps on crypto regulation, an obscure provision just handed miners a potential windfall. No handouts—just fewer tax headaches. Guess even bureaucrats hate paperwork.

### Price Targets Gone Wild

$500K predictions aren’t just hopium anymore. Institutional inflows + miner expansion = supply shock math even Wall Street can’t ignore. Though let’s be real—they’ll still try to short it.

### The Cynic’s Corner

ā€˜Fiscal responsibility’ in Washington now means accidentally turbocharging decentralized money. Irony so thick you could mine it with a GeForce card.

ETF Outflows & Economic Data Pressure BTC

Despite long-term optimism, Bitcoin remains under near-term pressure. Spot BTC ETFs in the U.S. recorded $196 million in outflows on Tuesday, marking four straight sessions of investor exits. Since late July, over $500 million has left major funds, signaling waning institutional demand.

This capital flight coincides with weak economic data. July’s ISM Services PMI dropped to 50.1, barely above contraction, while nonfarm payrolls also missed expectations. Coupled with geopolitical risk—Trump’s renewed tariff plans on tech imports—the environment has turned risk-off, prompting a retreat from volatile assets like Bitcoin.

šŸ‡ÆšŸ‡µLATEST: Japan’s $214B SBI Holdings has filed to launch $BTC and $XRP ETFs. pic.twitter.com/5XdY97xxw5

— Cointelegraph (@Cointelegraph) August 6, 2025

Yet regulatory clarity may help shift sentiment. Japan’s SBI Holdings recently filed for a Bitcoin and XRP ETF. If approved, this would mark Asia’s first crypto ETF to include both assets and could open the door to increased retail and institutional adoption.

Meanwhile, in the U.S., the SEC ruled that liquid staking doesn’t constitute a securities offering, removing a legal cloud over Ethereum-based staking protocols.

SEC Chair Paul Atkins also launched ā€œProject Crypto,ā€ aimed at crafting a more supportive framework for digital assets under the TRUMP administration.

Bitcoin Technicals: Bulls Defend $112K, Eyes on $115K

Technically, Bitcoin is trading around $114,240, perched just above the 50-period EMA on the 2-hour chart. After bouncing off support at $112,641, bulls have carved out a higher low, hinting at accumulation. However, the price remains squeezed beneath a descending trendline originating from the July 31 peak.

Bitcoin Price Chart – Source: Tradingview

Momentum is neutral, with RSI around 51. For bulls, the key battleground is $115,043. A bullish breakout just above this mark can trigger an upside price action toward $116,915 and $118,878, where prior selling pressure exists. However, a failure to violate this resistance mark may see BTC revisit $112,640, or even test deeper supports at $110,7820 and $109,075.

  • Buy above $115,043 with a target at $116,915
  • Stop-loss below $113,800 to protect against trendline failure
  • Look for bullish engulfing candles or RSI >60 as confirmation

Bitcoin Hyper Presale Over $7.3M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), has raised over $7.3 million in its public presale, with $7,310,393 out of a $7,502,850 target. The token is priced at $0.01255, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a LAYER 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

|Square

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