Bitcoin is as soon as once more on the middle of U.S. politics. Gemini co-founders Cameron and Tyler Winklevoss donated 188 BTC, valued at $21 million, to the Digital Freedom Fund PAC. Their objective: strengthen President Donald Trump’s pro-crypto insurance policies forward of the 2026 midterm elections.
This isn’t their first transfer. The twins had already contributed $5 million to the Fairshake PAC and $2 million in Bitcoin to Trump’s 2024 marketing campaign. Much more symbolic, the $21 million determine displays Bitcoin’s capped provide of 21 million cash.
TODAY: The Winklevoss twins donated 188 $BTC price $21M to pro-Trump PAC forward of US midterms to assist President Trump's crypto agenda. pic.twitter.com/mRoAgByeuY
— Cointelegraph (@Cointelegraph) August 21, 2025
The donation has been nicely obtained in Washington. The brothers have joined White Home crypto occasions, whereas Trump himself praised their efforts to make the U.S. a blockchain innovation hub. Analysts see such political capital as a confidence enhance for Bitcoin’s long-term adoption.
Whale Shifts $113M BTC Into Ethereum
Market volatility added one other layer of drama. A whale controlling greater than $1.6 billion in property shifted $113 million price of Bitcoin into Ether, taking a $240 million spot ETH place.
The change adopted an earlier $76 million BTC sale used to fund a $295 million ETH perpetual lengthy, a part of which has since been closed. Present on-chain knowledge reveals the whale nonetheless holds 300 BTC ($34M) and over 55,000 ETH ($240M) on Hyperliquid, together with $167M in Bitcoin in reserve.
$1.6B Bitcoin Whale Shifts One other $113M BTC Into $240M ETH Lengthy https://t.co/n4mFRp12tt
— Utility token
(@Utillitytoken) August 21, 2025
The trades appeared rushed, and Bitcoin briefly traded at a 2% low cost on Hyperliquid in comparison with different exchanges. Whereas some merchants see this as a dangerous gamble, others level to rising optimism round Ethereum. Both approach, it highlights how giant gamers can disrupt liquidity and spark volatility in each BTC and ETH markets.
Bitcoin Assessments $112K as Technicals Weaken
Bitcoin now trades at $112,480, down over 1.50% in 24 hours, with a $2.23 trillion market cap and $60 billion in each day buying and selling quantity.
Bitcoin’s value motion reveals BTC slipping beneath its rising wedge assist, with the 50-day SMA at $116,103 performing as resistance. Whereas, the failed retesting of $124,450 stage has left the market susceptible.
Momentum indicators affirm this weak spot. The RSI sits at 40, whereas MACD stays unfavorable, suggesting persistent promoting stress. Candlestick construction resembles the early phases of a “three black crows” formation — a bearish sign that always precedes additional declines.
Key ranges to observe:
- Under $112K: draw back opens to $108K, then $105,150
- Above $116K–$117K: rebound doable towards $120,900 and $124,450
For merchants, the setup is balanced. Bears might brief failed rallies beneath $116K, whereas bulls will watch for a bullish engulfing candle or greater low above $112K. Long term, Bitcoin’s resilience above the $100K mark retains the six-figure narrative intact, at the same time as short-term volatility assessments conviction.
New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Safety With Solana Pace
Bitcoin Hyper ($HYPER) is positioning itself as the primary Bitcoin-native Layer 2 powered by the Solana Digital Machine (SVM). Its objective is to increase the Bitcoin ecosystem by enabling lightning-fast, low-cost sensible 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 offer buyers confidence in its foundations.
Momentum is constructing rapidly. The presale has already crossed $11 million, leaving solely a restricted allocation nonetheless accessible. At right now’s stage, HYPER tokens are priced at simply $0.012775—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.
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The put up Bitcoin Value Prediction: Winklevoss $21M Wager, Whale Shift, $112K in Focus appeared first on Cryptonews.