Bitcoin distribution via miners takes a step back, Japan lowers Bitcoin taxes, Cameron Winklevoss believes in a 10x Bitcoin, while $BTC’s profitability hits historic highs.
These are just some of the recent developments in the crypto world and we’ll discuss all of them.
All evidence points to a rich October.
The most recent news crosses the Pacific from Japan, where the government decided to cut Bitcoin taxes by more than half.
Especially in the context of Metaplanet increasing its Bitcoin treasury, currently at 20,136 $BTC, and leading by example.
Pair this with the Bitcoin miners’ shift to HODLing, which increases the asset’s scarcity, and we can see where this is going.
The conclusion is almost self-explanatory: Bitcoin will see a fiery end of the year, especially with Bitcoin Hyper ($HYPER) targeting a Q4 release.
Bitcoin Hyper changes that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM).
The Canonical Bridge connects Hyper to the Bitcoin ecosystem and relies on the Bitcoin Relay Program to confirm incoming transactions.
The Bridge then mints the tokens into the Hyper layer, allowing investors to use them within the Hyper ecosystem or withdraw them to the Bitcoin network whenever necessary.
Together with SVM, which delivers the ultra-fast execution of smart contracts and DeFi apps, the Canonical Bridge turns Hyper into a fast-performing ecosystem that upgrades Bitcoin to modern standards.
The presale is now at over $16M, with Hyper sitting at $0.012925.
Remember, this isn’t financial advice. Do your own research (DYOR) and invest wisely.
Authored by Aaron Walker, NewsBTC: Bitcoin Weekend Takeaways & Analysis: Bitcoin Hyper Might Be 2025’s Best Altcoin
