Bitcoin News Today: Bitcoin Whale Moves $9.6 Billion Amid GENIUS Act Scrutiny

An early Bitcoin whale recently moved a staggering $9.6 billion worth of BTC, causing ripples of concern across the market. This significant transfer is not just a routine portfolio adjustment; it underscores the rapid shifts in fortunes that can occur when major on-chain players make their moves. The move comes at a time when regulatory scrutiny is intensifying, particularly with the GENIUS Act’s audit mandates for US stablecoins, which has heightened the need for risk management and strategic reallocation of assets.

Financial expert Jacob King, CEO of WhaleWire, suggests that the whale’s move could be a response to the GENIUS Act’s stablecoin audit requirements. King believes that these regulations could burst what he describes as the biggest bubble and fraud in the financial history of Bitcoin, which he claims is propped up by fake money. Meanwhile, crypto analyst Innerdevcrypto remains optimistic about Bitcoin’s long-term prospects, predicting it could soar 10x in 5 to 10 years, potentially rivaling gold’s market cap. However, he advises against holding without taking profits, warning of the potential for significant price corrections.

Innerdevcrypto emphasizes the importance of having an exit strategy and using crypto gains for real-life priorities. He notes that even during bull markets, assets like Bitcoin and altcoins can experience brutal swings, with Bitcoin capable of plunging 30% and altcoins 50% during normal volatility. This advice is particularly relevant given the current market conditions, where technical signals are mixed. Analyst Crypto Batman spotted the Bitcoin-to-Gold ratio breaking a major pattern and now retesting resistance as support, which is a classic setup hinting at much higher prices. Researcher Alex Wacy adds that Bitcoin’s chart mirrors gold’s explosive 1979 breakout, suggesting a potential parabolic surge.

With whales moving mountains of Bitcoin and regulators tightening the screws on stablecoins, investors are at a crossroads between conviction and caution. These developments highlight the growing demand for strategic plays that balance momentum with risk, making this a moment to watch for the best crypto to buy now. Token 6900, with its $5 million capped presale, offers a high-risk, high-reward option. It has a supply of 930 million, with dev tokens locked for five years. TOKEN6900 has surged past $630,000 in funding, just two weeks after launching on June 30. This milestone has caught traders’ attention, marking a bold step for a meme coin with no tech, no roadmap, and no apologies. Like its predecessor SPX6900, which exploded by 69 million percent over two years, TOKEN6900 thrives on raw meme culture and pure market chaos. The project openly calls itself “collective meme-fueled delusion,” embracing its role as a parody of utility-driven crypto launches. Built on Ethereum as an ERC-20 token, TOKEN6900 mirrors the same setup that made SPX6900 a cult favorite. It’s unapologetically designed for meme believers only. A full 80% of its supply is going to the public, with zero private deals or VC allocations. It’s a free-for-all, first come, first served. Each presale tier lasts only a few days, with prices rising between stages. Early buyers lock in the lowest entry points, creating a FOMO-fueled climb. One standout feature: staking rewards are already live. Early buyers can earn up to 107% annually through the token’s “Brain Rot Vault.”

In a market shaken by a $9.6 billion whale sell-off and stricter stablecoin audits, Bitcoin Hyper’s presale introduces the first fast Bitcoin Layer 2, powered by Solana VM rollups, ZK proofs, and on-chain DeFi staking. Bitcoin Hyper has raised over $3.2 million in its ongoing presale, gaining strong momentum just one month after launch. The project is drawing early investor attention fast. $HYPER is priced at $0.012325 during the current presale phase, offering an entry point ahead of the next price hike scheduled within the next 24 hours. Backers are staking in big numbers. Over 192 million $HYPER tokens are already locked, with current rewards offering an estimated APY of 273%. What sets Bitcoin Hyper apart is its mission: bringing Solana-level performance to the Bitcoin network with the first SVM-powered Layer 2 chain. This leap in speed, scalability, and smart contract support positions Bitcoin Hyper as a serious infrastructure upgrade to the world’s most trusted crypto network. The fixed entry price and staking rewards are attracting investors looking for both growth and yield before the token goes live on public exchanges. As more presale phases pass and the price climbs, early adopters are hoping to ride the upside while the project builds traction in the Layer 2 space. With real utility and growing visibility, Bitcoin Hyper is being labeled by some as the next breakout coin to watch this year.

As major wallets shift positions, Snorter gives traders an edge with fast layer-2 swaps, helping them move quickly and profit from short-term volatility. Snorter is rolling out a Telegram-integrated trading bot that lets users buy and sell crypto quickly, aiming to simplify the process for active Solana traders. Its key draw is cost. Standard fees sit at 1.5%, but holders of SNORT tokens pay just 0.85%, undercutting rivals like Bonk Bot and Banana Gun. The bot is built for speed and precision. Users can preload token addresses or Raydium pool IDs, and the bot auto-executes trades once liquidity appears. Snorter also handles token tax settings on the fly, removing the need for users to manually adjust for slippage or surprise transaction fees. Security features are integrated from the start. A rules engine scans for blacklist, freeze, and mint functions before each trade, flagging risky contracts with 85% accuracy in beta. The team plans to introduce a DAO, giving SNORT holders a voice in future development and upgrades. Governance voting will be tied directly to token ownership. Snorter blends real functionality with meme coin energy, offering a unique take in a sector still dominated by hype over utility. As Solana meme coins continue trending, Snorter’s mix of low fees, smart tools, and strong community appeal is pushing it into the spotlight.

The recent $9.6 billion whale transfer and looming GENIUS Act audits show that crypto markets can shift direction as quickly as an on-chain transaction. These major moves, paired with tighter regulation, reflect a maturing space where profit strategies matter as much as strong conviction. By combining assets like Token 6900’s high-risk presale, Snorter’s fast execution tools, and Bitcoin Hyper’s yield features, investors can manage volatility with both confidence and control. In this environment, knowing where to look matters, and one of the options mentioned in this article could be the best crypto to buy now.