Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Bitcoin Price Prediction – Senator Lummis Pushes Tax-Free BTC Spending Bill: Is This the First Step Toward Mass Adoption?

by
July 4, 2025
in Crypto News
0
Bitcoin Price Prediction – Senator Lummis Pushes Tax-Free BTC Spending Bill: Is This the First Step Toward Mass Adoption?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin is trading just below $109,000 after a 29.74% second-quarter gain, its strongest Q2 since 2020. While institutional flows and corporate accumulation remain primary drivers, the latest push for crypto tax reform in Washington is adding a fresh layer of optimism for long-term adoption.

U.S. Senator Cynthia Lummis recently introduced a comprehensive bill aimed at modernising how crypto is taxed. Key features include exempting transactions under $300 from capital gains tax (capped at $5,000 annually) and delaying taxation on mining or staking rewards until they’re sold.

Senator Cynthia Lummis just introduced a major crypto tax reform bill after crypto-related provisions were excluded from the latest federal budget package.

$300 de minimis exemption
No tax on mining/staking until sold
Charity & lending exclusions
Aims to end double… pic.twitter.com/d8p6qixWju

— Ethos.io (@Ethos_io) July 4, 2025

The proposal also outlines tax breaks for lending and charitable donations and allows mark-to-market accounting for crypto traders, putting digital assets on par with traditional securities.

The bill, projected to generate $600 million from 2025 to 2034, could become law amid a friendlier 2025 regulatory environment. If passed, it would simplify crypto use in daily life and lower friction for retail and institutional adoption, potentially setting the stage for broader Bitcoin integration in mainstream finance.

Institutions Accumulate BTC Amid ETF Inflows

Institutional demand continues to fuel Bitcoin’s bullish momentum. According to SoSoValue, U.S. spot BTC ETFs attracted $769.6 million in inflows this week, marking four straight weeks of net positive flows. That consistency suggests institutional investors are building positions with a long-term view.

On the corporate side, MicroStrategy expanded its holdings by acquiring 4,980 BTC, bringing its total stash to 597,325 BTC. Japan’s Metaplanet added 1,005 BTC, and Blockchain Group purchased 60 BTC—demonstrating firm conviction in BTC as a treasury asset.

Standard Chartered analyst Geoffrey Kendrick raised his year-end forecast to $200,000, citing accelerating demand and improving macroeconomic conditions. His base case for late 2025 remains $135,000, reinforcing a structurally bullish outlook.

Key Institutional Activity:

MicroStrategy: +4,980 BTC (597,325 total) Metaplanet: +1,005 BTC U.S. Spot ETFs: +$769.6M inflows this week

Bitcoin (BTC/USD) Technical Outlook: Bulls Hold $108K

Bitcoin price prediction remains bullish, as the asset holds above a key ascending trendline drawn from the June 20 low and continues to respect support near $108,000. However, momentum has cooled after a rejection at $110,413.

Bitcoin Price Chart – Source: Tradingview

The MACD has turned bearish on the 2-hour chart, suggesting a brief consolidation or pullback could follow. Key downside levels include $108,000 and $107,325, while resistance remains at $110,413 and $112,041.

Technical Trade Setup:

Entry: $108,000–$108,600 on bullish signal Targets: $110,413 → $112,041 Stop: Below $107,200 MACD: Bearish crossover, awaiting price confirmation

Until Bitcoin breaks below $108K, the bullish trend remains intact. Traders may look for a bounce from support to re-enter positions, especially as policy headlines and institutional activity keep sentiment elevated.

Bitcoin Hyper Presale Surges Past $1.92M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has surpassed $1.74 million in its public presale, with $1,927,122 raised out of a $2,373,526 target. The token is priced at $0.012125, with the next price tier expected within hours.

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 full rollout expected by Q1, $HYPER is gaining serious traction.

The post Bitcoin Price Prediction – Senator Lummis Pushes Tax-Free BTC Spending Bill: Is This the First Step Toward Mass Adoption? appeared first on Cryptonews.

Previous Post

Bitrue Launches Tokenized Stock Trading for US Equities via xStocks

Next Post

Dogecoin Price Prediction – Analyst Flags Major Technical Breakout: Could DOGE Be Gearing Up for a 3x Run?

Next Post
Dogecoin Price Prediction – Analyst Flags Major Technical Breakout: Could DOGE Be Gearing Up for a 3x Run?

Dogecoin Price Prediction – Analyst Flags Major Technical Breakout: Could DOGE Be Gearing Up for a 3x Run?

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

June 26, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

June 25, 2025
Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

July 4, 2025
Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

July 4, 2025
PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

July 4, 2025
Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

July 4, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

    Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

    July 4, 2025
    Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

    Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

    July 4, 2025
    PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

    PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

    July 4, 2025
    Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

    Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

    July 4, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved