Bitcoin Value Prediction: $700M UAE Mining Stash, Fed Turmoil, and Sequans’ $200M Treasury Push

Bitcoin is at $111,700, up 1.75% within the final 24 hours, with a market cap of $2.22 trillion. Behind the numbers, institutional and authorities exercise is shaping Bitcoin as a world reserve asset. Blockchain analytics agency Arkham Intelligence discovered the UAE authorities has over 6,300 BTC, price round $700 million, acquired straight via state-backed mining operations.

The holdings are tied to Citadel Mining, an organization linked to the Abu Dhabi royal household through the Worldwide Holding Firm (IHC).

This confirms the UAE is forward of El Salvador however behind Bhutan, sixth largest nation-state Bitcoin holder. Earlier it was speculated the UAE had 420,000 BTC, now that’s been debunked.

Whereas far smaller than China, the US, or the UK, which collectively maintain almost 200,000 BTC, the UAE’s direct mining technique alerts a deliberate push to build up Bitcoin as a part of its sovereign reserves.

Fed Turmoil Raises Bitcoin’s Hedge Attraction

Bitcoin’s narrative as a substitute reserve asset additionally gained traction amid political turmoil in america. President Donald Trump fired Federal Reserve Governor Lisa Prepare dinner, claiming misconduct associated to mortgage paperwork. Prepare dinner denies the allegations and authorized specialists say Trump can’t take away her earlier than her time period ends.

The controversy has raised issues concerning the independence of the Federal Reserve, a key to international investor confidence. Analysts, together with Alex Obchakevich of Obchakevich Analysis, warn that politicizing the Fed may weaken the greenback’s position because the world’s reserve foreign money.

Crypto specialists observe that such instability might reinforce Bitcoin’s position as a hedge towards central financial institution intervention. Whereas BTC isn’t prepared to exchange the greenback, its recognition as a politically impartial asset is accelerating in moments of uncertainty.

Sequans’ $200M Bitcoin Treasury Plan

In the meantime, company adoption continues to develop. Sequans Communications (NYSE: SQNS), a Paris-based semiconductor agency, introduced plans to lift as much as $200 million through an fairness sale to develop its Bitcoin reserves.

The corporate already holds over 3,000 BTC ($331 million) and has set a daring goal of 100,000 BTC by 2030.

CEO Dr. Georges Karam stated the funds might be deployed “judiciously” to strengthen the company treasury. Whereas elevating fairness may dilute current shareholders, analysts argue that linking company growth to Bitcoin accumulation displays a rising pattern amongst public corporations.

Sequans’ transfer mirrors methods by MicroStrategy, which has turned BTC into its balance-sheet spine.

Bitcoin Value Prediction: Path Towards $130K

Technically, Bitcoin is consolidating inside a descending channel after peaking at $124,450 earlier this month. The 50-period SMA at $113,495 is capping rebounds, whereas short-term help sits at $112,000.

Momentum is combined, with the RSI at 46 signaling early restoration indicators and the MACD flattening, hinting that bearish momentum could also be fading.

If Bitcoin breaks above $116,850, bulls may retest $120,900 and ultimately the August excessive at $124,450. A failure to carry $110,000, nonetheless, dangers pullbacks towards $108,695 and $105,150.

For my part, the mix of nation-state accumulation, company treasuries and Fed chaos means Bitcoin is much less more likely to crash and extra more likely to go larger. If momentum performs out, BTC may get again to $130K and cement its standing because the world’s digital reserve asset.

Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Safety With Solana Velocity

Bitcoin Hyper ($HYPER) is positioning itself as the primary Bitcoin-native Layer 2 powered by the Solana Digital Machine (SVM). Its purpose is to develop the Bitcoin ecosystem by enabling lightning-fast, low-cost good contracts, decentralized apps, and even meme coin creation.

By combining Bitcoin’s unmatched safety with Solana’s high-performance framework, the mission opens the door to thoroughly new use instances, together with seamless BTC bridging and scalable dApp growth.

The staff has put sturdy emphasis on belief and scalability, with the mission audited by Seek the advice of to provide traders confidence in its foundations.

Momentum is constructing shortly. The presale has already crossed $12.1 million, leaving solely a restricted allocation nonetheless accessible. At at the moment’s stage, HYPER tokens are priced at simply $0.012805—however that determine will improve because the presale progresses.

You should buy HYPER tokens on the official Bitcoin Hyper web site utilizing crypto or a financial institution card.

Click on Right here to Take part within the Presale

The put up Bitcoin Value Prediction: $700M UAE Mining Stash, Fed Turmoil, and Sequans’ $200M Treasury Push appeared first on Cryptonews.