Bitcoin Price Prediction: Can Jiuzi’s $1B Bet and Belarus Fuel Breakout?
Bitcoin is trading at $112,700, supported by daily volumes exceeding $50 billion and a market capitalization of $2.24 trillion. Recent headlines suggest that retail adoption is shifting from niche to mainstream. Russia’s...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin is trading at $112,700, supported by daily volumes exceeding $50 billion and a market capitalization of $2.24 trillion. Recent headlines suggest that retail adoption is shifting from niche to mainstream. Russia’s largest online retailer, Wildberries, has introduced crypto payments in Belarus via Whitebird, the nation’s first licensed exchange.
Rather than direct transfers, customers buy electronic certificates with BTC, ETH, or USDT, which are then redeemable on Wildberries’ platform.
JUST IN: Russia's e-commerce giant
Wildberries now accepts #Bitcoin and crypto payments from Belarus.
Bullish pic.twitter.com/UlDCjRc3Fq
The program remains in pilot mode, but authorities expect Belarus to process as much as $3 billion in crypto payments by the end of 2025. That surge in adoption could underpin long-term demand for Bitcoin.
Corporate Bets on BitcoinBeyond retail, corporate interest is surfacing again. Chinese EV charging firm Jiuzi Holdings shocked market participants with a plan to allocate up to $1 billion into Bitcoin, Ethereum, and BNB. The proposal, aimed at hedging against economic volatility, briefly sent Jiuzi’s stock soaring 47% before reality set in.
Chinese EV Firm’s Stock Surges, Then Stumbles on $1 Billion Bitcoin, Ethereum and BNB Plan
► https://t.co/s6cDHPdvb7 https://t.co/s6cDHPdvb7
With only $943,000 in cash reserves as of late 2024, questions remain about how it will finance the move. Still, the announcement highlights a broader trend: more companies are considering crypto as part of their treasury strategies.
Meanwhile, Kraken has pledged $2 million to U.S. political groups pushing for clearer regulation. The donation, split between America First Digital and the Freedom Fund PAC, reflects growing industry efforts to secure legal clarity.
Technical Outlook for Bitcoin (BTC/USD)From a technical perspective, Bitcoin has slipped into a descending channel after peaking at $117,800 earlier this month. The rejection at $115,185 coincided with a short-term “death cross,” where the 50-period SMA crossed below the 200-period SMA.
Momentum has shifted toward sellers, with RSI hovering near 45, suggesting weakness but not capitulation. The immediate resistance stands at $114,025, while $112,000 forms critical short-term support. A break below could expose the $111,095 and $109,771 levels.
Traders, however, should remain alert for bullish signals. A rebound from $111,000, confirmed by a bullish engulfing candle or positive RSI divergence, could trigger a breakout from the descending channel. That scenario would open upside targets back toward $115,200 and $116,600, with momentum potentially building into the final quarter of 2025.
Key Takeaway: With retail adoption expanding in Belarus, corporates allocating billions to crypto, and regulatory clarity advancing in the U.S., Bitcoin is quietly laying the groundwork for another leg higher. A well-timed rally toward $116,000 remains in play if technical conditions align with these macro tailwinds.
Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana SpeedBitcoin 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 $17.9 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012965—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 PresaleThe post Bitcoin Price Prediction: Can Jiuzi’s $1B Bet and Belarus Fuel Breakout? appeared first on Cryptonews.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Dogecoin Eyes $0.12 As Traders Look For A Cleaner Breakout Signal
Dogecoin is back in a familiar place: close enough to a breakout level to get traders interested, but not far enough through it to...
Swift activates blockchain ledger with 17 banks piloting 24/7 tokenized payments
Swift's blockchain pilot could revolutionize cross-border payments, enhancing real-time coordination and potentially accelerating...
JPMorgan says Bitcoin’s real threat isn’t Strategy’s massive holdings, it’s blockchain adoption that skips public chains entirely
Institutional blockchain adoption via private networks could undermine Bitcoin's value by bypassing public chains, affecting its g...
Traders are most bullish on the US dollar in over 10 years, and Bitcoin should pay attention
A surging US dollar could tighten global financial conditions, impacting Bitcoin's liquidity and speculative investment flows. The...
Phantom and Hyperliquid Policy Center urge CFTC to clarify onchain market rules
Phantom and Hyperliquid Policy Center urged the CFTC to clarify rules for onchain protocols, wallet providers and regulated deriva...
JPMorgan says bitcoin’s main risk isn’t Strategy, but blockchain adoption that doesn’t benefit public chains and tokens
JPMorgan says Strategy isn't bitcoin's main structural risk, but blockchain adoption that fails to benefit public blockchains and...