Can Bitcoin Price Hit $96.5K? SEC & El Salvador Fuel Optimism Arslan Butt | usagoldmines.com

Bitcoin is hovering near $92,536 after a modest 1% dip in Thursday’s Asian session, marking a pause in what’s otherwise been a strong uptrend. But beyond the charts, something more important is brewing.

In a first-of-its-kind move, the U.S. Securities and Exchange Commission is in early discussions with El Salvador’s National Commission on Digital Assets (CNAD) to explore a cross-border crypto sandbox.

The idea? Allow U.S. brokers to issue non-security tokens under El Salvador’s friendlier legal framework and apply for digital asset licenses.

The proposal—reportedly backed by SEC Commissioner Hester Peirce—comes at a time when crypto is increasingly seen as a tool of economic diplomacy.

It ties into President Nayib Bukele’s long-standing Bitcoin-first policies and reflects a subtle but significant shift in U.S. regulatory tone.

If approved, this sandbox could pave the way for institutional access to token issuance outside the traditional SEC chokehold—without violating U.S. law. For Bitcoin, this is more than symbolic. It’s structural.

Russia’s Crypto Exchange for the Elite and Institutional Bets Stack Up

Meanwhile, Russia is taking its own step toward crypto legitimacy. The country’s Central Bank and Finance Ministry have approved the launch of a digital asset exchange tailored for “super-qualified investors” in 2025.

To participate, individuals must meet steep thresholds—₽100 million in assets or an annual income above ₽50 million.

Operated by the Moscow and St. Petersburg exchanges, the platform will fall under a regulatory sandbox, reinforcing Bitcoin’s growing appeal as a hedge for high-net-worth players—especially in politically sensitive economies.

And the private sector is piling in too. Strike CEO Jack Mallers just announced Twenty One Capital—a Bitcoin-native treasury vehicle modeled on MicroStrategy. With $3.9 billion in seed BTC and backing from SoftBank and Bitfinex, it will trade under ticker XXI.

As Mallers puts it: “A public stock built by Bitcoiners, for Bitcoiners.”

Bitcoin Pulls Back to $92.5K—Eyes on $91.6K Support for Fresh Entry

From a trading perspective, Bitcoin is digesting gains. The price is consolidating above the 0.236 Fibonacci level at $92,800, with stronger support at $91,600. Momentum is softening but hasn’t flipped bearish—MACD histogram bars are shrinking, not reversing.

Key Levels:

• Support: $91,600 (0.382 Fib), $90,610 (0.5 Fib), $89,600
• Resistance: $94,737 and $96,525 (channel top)

Trade Setup:

• Entry 1: Bounce from $91,600 with confirmation
• Entry 2: Breakout above $94,800 with strong volume
• Targets: $94,737 → $96,525
• Stop Loss: Below $89,600

Bottom Line

While short-term volatility remains, the bigger story is structural. Bitcoin is gaining ground not just in price—but in regulatory legitimacy. The SEC’s outreach to El Salvador and Russia’s crypto sandbox for elites show that traditional gatekeepers are adjusting to a Bitcoin-driven world.

And as capital continues to move into ETFs and treasury strategies, this pullback may well be the pause before the next breakout.

BTC Bull Token Presale Nears $4.92M with 84% Staking Yield—Price Hike Ahead

With Bitcoin trading around $95,000, investor appetite for BTC Bull Token ($BTCBULL) continues to surge. The Ethereum-based meme coin—backed by real Bitcoin reward mechanics—has now raised $4.8 million, approaching its next price milestone at $5.64 million.

This is not the end of the presale, but a checkpoint before the token price rises again from the current $0.002475.

Staking Offers 84% APY + Bitcoin Payouts

One of the biggest draws of $BTCBULL is its 84% APY staking program. Investors can stake tokens at any time, earn high-yield rewards, and still maintain flexibility by unstaking whenever they choose.

Current Staking Stats:

• Annual Yield: 84% APY
• Total Staked: 1,252,015,807 BTCBULL
• Unstake Anytime: Yes

This dual-reward model—staking yield plus Bitcoin airdrops—makes $BTCBULL more than just another meme coin. It’s earning utility with upside exposure, and that has helped it gain traction among seasoned crypto investors and meme coin enthusiasts alike.

Staking Snapshot:

• Annual Yield: 85% APY
• Total Staked: 1,235,352,755 BTCBULL
• Unstake Anytime: Yes

Whether you’re a long-term holder or a passive earner, this dual-reward structure enhances the token’s appeal beyond just meme coin hype.

Latest Presale Stats:

• Token Price: $0.002475
• Raised So Far: $4.92M

With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.

The post Can Bitcoin Price Hit $96.5K? SEC & El Salvador Fuel Optimism appeared first on Cryptonews.

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.