CryptoMediaClub
Thursday, October 2, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

02.10.2025
A A
0
118
VIEWS
ShareShare

Alvara Protocol is aiming to reshape asset management through blockchain. Co-founder Dominic Ryder described his project’s new Ethereum-based standard, ERC-7621, as the “Basket Token Standard” (BTS). It allows real estate, commodities, and multiple ERC-20 tokens to be packaged into investment baskets, much like index funds.

Ryder envisions Alvara becoming the “Fidelity of tokenized assets,” opening the door for venture capital firms to create products like distressed “value baskets” or elite “all-star baskets.”

Most people just trade assets.
With Alvara, the portfolio itself can become the product.
Mint a basket → earn fees → build a record.
And if you want out? Sell the entire strategy.
Performance becomes its own asset class. pic.twitter.com/GpoScUCv25

— Alvara (@AlvaraProtocol) October 1, 2025

If widely adopted, ERC-7621 could mirror the role ERC-721 played for NFTs, making tokenization accessible at scale. Broader adoption of tokenized funds indirectly strengthens Bitcoin’s position as the market’s most trusted digital asset, encouraging institutional involvement and expanding blockchain’s reach.

Metaplanet Climbs to Fourth-Largest BTC Holder

Institutional appetite for Bitcoin is also accelerating. Japanese investment firm Metaplanet recently added 5,268 BTC worth roughly $600 million, bringing its total holdings to 30,823 BTC. At today’s price of $118,353, the stash is valued at $3.6 billion, giving the firm an unrealized profit of about 7.5% based on its average cost near $108,000.

JUST IN: 🇯🇵 Metaplanet buys another 5,268 Bitcoin worth $615.6 MILLION.
They are now the 4th largest publicly traded Bitcoin treasury company 🙌 pic.twitter.com/rsuJcIn9dd

— Bitcoin Magazine (@BitcoinMagazine) October 1, 2025

Metaplanet’s aggressive strategy, launched in April 2024, has quickly made it the fourth-largest corporate holder of Bitcoin. Its growing presence adds further pressure to Bitcoin’s limited supply, reinforcing the narrative of BTC as a treasury asset and supporting long-term price appreciation.

U.S. Lawmakers Revisit Crypto Taxation Rules

In Washington, lawmakers are shifting tone on digital asset taxes. The U.S. Senate Finance Committee will hold a hearing on crypto taxation following fresh IRS guidance easing the Corporate Alternative Minimum Tax (CAMT).

The rule change allows companies to exclude unrealized crypto gains and losses from CAMT calculations, offering relief to major holders like Michael Saylor’s Strategy, which owns more than 640,000 BTC.

Policy experts from Coinbase and Coin Center are expected to testify. The move could ease selling pressure on corporate treasuries and foster more stable long-term confidence in Bitcoin.

Bitcoin Price Forecast: Breakout Targets $124K

Technically, Bitcoin has staged a decisive breakout, climbing above $118,000 and breaking through a descending trendline that capped rallies since mid-September.

A bullish engulfing candle on the 4-hour chart, combined with heavy trading volume, underscores renewed buyer conviction. Price has reclaimed both the 50-day SMA at $112,037 and the 100-day SMA at $113,395, now key support levels.

Bitcoin Price Chart – Source: Tradingview

The RSI sits above 80, suggesting strong demand but also short-term overbought conditions. A retest of the $116,950 breakout zone may occur before the next leg higher.

If momentum holds, Bitcoin could test $120,200, then $122,335, and ultimately $124,525 — resistance that capped rallies earlier this year.

Traders eyeing entries may look for pullbacks toward $117,000–$117,500, with upside potential extending toward $128,000 in the weeks ahead.

This breakout not only highlights renewed technical strength but also dovetails with growing institutional demand and favorable regulatory shifts, setting the stage for a potentially stronger Bitcoin rally into year-end.

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

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation.

By combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.

The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.

Momentum is building quickly. The presale has already crossed $19.4 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.013005—but that figure will increase as the presale progresses.

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

Click Here to Participate in the Presale

The post Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next? appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal
All news

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

02.10.2025
0

The Japanese loans provider MBK says it has bought over $2 million worth of Bitcoin (BTC) and struck a partnership...

Read moreDetails
Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

02.10.2025
VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

01.10.2025
Why Did Tether Just Move $1B in Bitcoin? Here’s What Traders Need to Know

Why Did Tether Just Move $1B in Bitcoin? Here’s What Traders Need to Know

01.10.2025
Shiba Inu Price Prediction: SHIB Exploded 833% Last October – Can It Repeat That Moonshot in 30 Days?

Shiba Inu Price Prediction: SHIB Exploded 833% Last October – Can It Repeat That Moonshot in 30 Days?

01.10.2025
Load More
Next Post
Why did the crypto market pump today? Everything that helped the leg-up

Why did the crypto market pump today? Everything that helped the leg-up

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

MicroStrategy Continues Bitcoin Buying Spree with Another $1.5 Billion Purchase

MicroStrategy Continues Bitcoin Buying Spree with Another $1.5 Billion Purchase

10 months ago
South Korea to Strengthen Control on Cross-Border Crypto Transactions

South Korea to Strengthen Control on Cross-Border Crypto Transactions

11 months ago
Norwegian Block Exchange Becomes Norway’s First Public Bitcoin Treasury Firm

Norwegian Block Exchange Becomes Norway’s First Public Bitcoin Treasury Firm

4 months ago
CertiK to launch compensation plan for $2M Merlin DEX exploit

CertiK to launch compensation plan for $2M Merlin DEX exploit

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin rally looms with projections hinting at $200,000 surge

Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

Will a US data blackout shove more money into Bitcoin?

VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?

Why Did Tether Just Move $1B in Bitcoin? Here’s What Traders Need to Know

Ethereum rebound outperforms market amid strongest performance since 2021

Trending

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal
All news

Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal

02.10.2025
0

The Japanese loans provider MBK says it has bought over $2 million worth of Bitcoin (BTC) and...

Why did the crypto market pump today? Everything that helped the leg-up

Why did the crypto market pump today? Everything that helped the leg-up

02.10.2025
Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

Bitcoin Price Prediction: Can BTC’s $118K Breakout Rally Hit $124K Next?

02.10.2025
Bitcoin rally looms with projections hinting at $200,000 surge

Bitcoin rally looms with projections hinting at $200,000 surge

02.10.2025
Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

Perplexity AI Predicts Explosive Gains for XRP, Cardano and Dogecoin by the End of 2025

02.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz